Henderson European Share Discussion Threads

[nick] 03/4/2006 15:57

Another RNS due soon then.

[scumdog] 31/3/2006 16:55

Could be she-ra. Whoever buys should get a bargain from the receivers.

[she-ra] 31/3/2006 14:05

Rights issue to fund aquisition of Silver Scrren? Thats the last thing shareholders need. Maybe someone will pump HEC to get the share price up so that it can offer shares. Ive seen it done before with other companies before they make an aquisition-suddenly they are getting stalked share price increases then they make an aquisition.

[she-ra] 31/3/2006 11:22

SILVER SCREEN
Edited By Clinton Manning
MORE than 550 jobs are hanging in the balance at specialist DVD chain Silverscreen.

It called in administrators yesterday, blaming competition from supermarkets. Bosses also claim more people are choosing to watch films on pay-TV.

London-based Silver-screen generates sales of nearly £70million a year from 65 stores.

Its staff are tested on their film knowledge before getting a job.

Andrew Pepper, partner at recovery specialist Kroll, said he was confident the business could be saved.

"We have already commenced negotiations with a number of interested parties," he said.

[manzarek] 30/3/2006 18:46

Heart stopping headline on teletext today, along the lines of "DVD firm in Administration" apparently it was silverscreen ,
The company blamed price deflation and internet competition. Administrators have been contacted by several interested parties for the 60 odd stores and jobs might be saved.

Food for thought if it's true but can't find anything on the web about it. Anyone else seen it?

[nick] 30/3/2006 16:26

Chart lookin real nice right now.

[goonertone] 30/3/2006 13:07

All very well pushing the price up but there are still no shares, or so it would seem

On line limits appear to be buy 500 @ 63 v sell 5000 @ 61

[goonertone] 30/3/2006 10:06

online quote currently in the region of

buy 1k @ 62 v sell 5k @ 59.2

[breadcrump] 29/3/2006 20:43

The pro news you were waiting for

[nick] 29/3/2006 20:41

As do we all from time to time. HTH is an example where he is doing ok.
BTW got the answers to your 6 questions yet?

[she-ra] 29/3/2006 19:01

Take a look at the 1 year chart of European Colour which Gyllehammer has built a significant stake in.Its tanking.Obviously this guy makes mistakes.

[nick] 29/3/2006 17:11

Yes anybody with a holding in excess of 3% has to inform the company if their holding changes.

[goonertone] 29/3/2006 14:36

Someone is obviously offloading some shares for PG to buy. The question is who.

If it was somebody with a large stake do they have to notify reductions in holdings if it doesn't take them below 3%

[goonertone] 29/3/2006 14:33

Notification of Interest

RNS Number:6046A
Home Entertainment Corporation PLC
29 March 2006

HOME ENTERTAINMENT CORPORATION PLC (the "Company")



29 March 2006



Notification of Interest



The Company has been informed by a letter dated 29 March 2006 that Forvaltnings
AB Bronsstadet, a company wholly owned by Peter Gyllenhammar, acquired 275,000
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 2,277,000 shares (or
12.6% per cent of the issued share capital), representing Mr. Gyllenhammar's
entire interest in the issued share capital of the Company.


This information is provided by RNS
The company news service from the London Stock Exchange

[goonertone] 29/3/2006 10:52

Price drops but can't buy many and can sell loads?

Shouldn't it be the other way round?

[nick] 27/3/2006 14:06

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 12:53

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 10:07

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 13:35

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 13:19

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 13:09

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 12:55

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.