Henderson European Share Discussion Threads

[nick] 27/3/2006 13:06

Nope, unable to buy hardly any now real-time online. Real-time online limit for Barclays to buy is 150.

[she-ra] 27/3/2006 11:53

This is one of the investments that Peter Gyll.... has been building a stake in . Just look at its graph and also look at whats its doing today-Epic EUC

[goonertone] 27/3/2006 09:07

Anybody else able to get a quote to buy today.

Can sell 5000 but only seem to be able to buy 100.

GT

[goonertone] 26/3/2006 12:35

Bletherer

See your point. I picked mine up from ADVFN level 2 extras.

To add to the confusion the 2005 annual report has a different set of shareholders as well.

Totally confused.

GT

[she-ra] 26/3/2006 12:19

bletherer - They wont be when HEC warns which I am expecting considering the sports events that are,have and will be taking place.Added to that the continual pressure on DVD margins (Asda are always selling decent DVDs at £5) from the supermarkets, now HMV with its free delivery and a plethora of online DVD etailers. Everyone's selling them. Its nearly getting as cheap as renting and talking of renting these DVD rental offerings from a huge amount of etailers are so much better in that you get to see what you want when you want.

I feel HEC is going to look very antiquated very soon,stuck with 219 stores with high rents. You need people coming into the stores for the DVDs to cross sell other products. When footfall slumps cross-selling slips. Its a downward spiral.

[bletherer] 26/3/2006 12:09

GT - where are you getting your information from? I am using HET's website listing, last updated Jan 20th - link here:



The 3 director holdings are the same as your listing but after that they give:
Chase Nominees Ltd (SUTL)- 9.26%
HSBC Global Custody Nominee UK Ltd - 8.68%
Nortrust Nominees Ltd(GSY) - 5.02%
Chase Nominees Ltd (BSPFT) - 4.99%

Total 78.64%.

Add Gyllenhammar's 11.1% gives 89.75%.

As there have been no other holdings announcements apart from Gyllenhammar's
since Jan 20th I am assuming that the other major shareholders remain unchanged, in which case this company's shares are in seriously short supply!

[goonertone] 26/3/2006 11:55

Bletherer

Who am I missing?

MUSPRATT I D ESQ 5,037,272 27.93
HOPKINS G D B ESQ 2,104,562 11.67
GARDNER D M M/S 2,000,000 11.09
ARTEMIS INVESTMENT MANAGEMENT 1,565,580 8.68
SCHRODER INVESTMENT MANAGEMENT 1,230,000 6.82

Add Gylenhammer's 11.1% gives 77%.

Happy to be corrected.

GT

[bletherer] 25/3/2006 21:22

She-ra, what are you talking about? Gyllenhammar bought on Feb 7th if I recall, when the price was at about 51, and it went up about 40% in the weeks following that. It's true Gyllenhammar has a record more of shaking up managements than actually taking over companies, but I think it's no bad thing that the current bunch will feel themselves under a bit of pressure. As for the business prospects of HET this was already discussed at length earlier in the thread. I suggest we pick up the conversation again when there is some further news. Until then I suspect the share price will continue rising modestly again in the wake of Gyllenhammar's renewed buying.

[Abuse team] 25/3/2006 19:54

Post removed by ADVFN

[she-ra] 25/3/2006 19:32

bletherer - Ask yourself this-why did it drop so much after Gyllenhammar made his first big purchase? Somethings up. This guy has built stakes in some donkeys which have tanked since he purchases shares.

Also find a UK company he has acquired.

This company cant be in good shape. HMV warned, Woolworths complained about DVD and CD sales,and there is so much competition in DVD etailing with pressure on margins.

[bletherer] 25/3/2006 12:48

GT - don't know how you get the figure of 78% held by major shareholders as that was the figure on Jan 20th *before* Gyllenhammar started buying (they haven't updated their website since then). Unless he has been getting some of these shares from the major holders (and if so shouldn't they also have issued holdings RNSs?) that means the free float is now down to around 10%, or fewer than 2 million shares. Once again I'm puzzled how with around a million buys this week and negligible sells the share price has only meandered up a few pence. Or will it be like last time when the MMs simply take it up a penny a day for a couple of weeks?

[nick] 24/3/2006 16:19

v tight spread 60 - 61p

See you have pay 63p to get a few now.

[goonertone] 24/3/2006 14:02

Nick

I think its the way they are reporting them. The previous 300k had two entries as well.

Unless it is another holder or institution who has transferred these hence 1 buy and one sell for each.

GT

[nick] 24/3/2006 13:59

that accounts for 502000 but there is another 500k reported yesterday?

[goonertone] 24/3/2006 13:55

Rough calc makes it 78% now held by institutions or director.

Less than 4 mill in free float.

[goonertone] 24/3/2006 13:49

Any left for the rest of us?

[oakville] 24/3/2006 13:47

He,s topped up again.

[nick] 24/3/2006 08:51

online real-tme buy quote limit (Barclays) has reduced to 100 @61p. Seems that they are not keen to sell.

[nick] 23/3/2006 16:29

nice gap to fill now

[nick] 23/3/2006 15:56

online real-tme quote limit (Barclays) has reduced to 2500 @60p

[nick] 23/3/2006 15:23

Good to see that the big buyers have been coming out. I suppose that 300500 trade we can assume that it was a mistake, but as you say it should have been deleted, which it wasnt.

[bletherer] 23/3/2006 14:08

He clearly likes this stock. It doesn't guarantee future good performance but IMO it does at least make it likely he will seek to intervene to shake things up if the current management continues to make a poor fist of it. I don't suppose he is buying this big just because he has faith in the infinite wisdom of Mr. Musspratt.

[nick] 23/3/2006 13:56

Notification of Interest

RNS Number:2845A
Home Entertainment Corporation PLC
23 March 2006


HOME ENTERTAINMENT CORPORATION PLC (the "Company")

23 March 2006

Notification of Interest


The Company has been informed by a letter dated 23 March 2006 that Forvaltnings
AB Bronsstadet, a company wholly owned by Peter Gyllenhammar, acquired 100,000
ordinary shares of 5p each ("shares") in the Company.

Following the transaction The Union Discount Company of London Limited and
Forvaltnings AB Bronsstadet now own a combined total of 1,500,000 shares (or
8.3 per cent of the issued share capital), representing Mr. Gyllenhammar's
entire interest in the issued share capital of the Company.

[goonertone] 23/3/2006 13:22

Small piece re digital downloads