HMV Share Discussion Threads

[clocktower] 18/12/2012 14:12

nv,Any gift from you would be valued as it is well known that folks from your side of the boarder only part with any gift or cash to good and valued friends,I guess I could try selling whatever on e-Bay. I look forward to receipt, I trust you will not forget to pay the postage, as I would hate to have to return to sender for lack of funds, as unlike you, I did not make any profit from the recent spike in HMV`s share price

Now returning to HMV and its serious problem or should I say many problems, the main one now must be that vulture fund as they will be calling the tune, having purchased a slice of the debt because I think it is fair to suggest they would not have done so unless they had a plan that would shown them satisfacty returns.A fund that has many more millions to do pull the strings as and when they wish if they buy up more of it at shall we assume a decent discount to face value.

How much do you think they could buy the bulk of the rest of the debt for?

My guess is around 15p = £1 Maybe at best 25p - Better than the Greek debt.

[loganair] 18/12/2012 14:11

Nick Bubb's Verdict: 7 days to save HMV's world?

Thanks to the support from its suppliers, HMV has much better stock levels and promotions than a year ago, so operationally the business is in good shape, but will consumers cooperate?

[totally banjo] 18/12/2012 14:00

g.j.a-Yes still invested in hmv but not happy with the current uncertainty regarding Apollo Global Management and the future of hmv as a PLC.

The media on the other-hand see this as a cut and dried exercise that happens all too frequently.

I wasn't expecting the Interim Results until January (rightly/wrongly) which would then give share holders a clearer picture of hmv's position.The Interims were or appeared very honest,which is good,all be it painting a very uncertain future ahead.....especially for share holders.

I found it strange (unless I've missed it) that the Interims contained no praise for the workforce under these difficult times along with no mention of the support from share holders....although future 'share holder value' might have been asking too much!

There is no point in me keeping this thread updated at the present time as there is a strong wave of opinion that will do anything to remove the PLC part from hmv.

[graham2405] 18/12/2012 13:55

Olive

Whats wrong with a pumper dumper?

It's a perfectly acceptable strategy, buy low, promote the hell out of a stock, then sell it.

No problem there....

Only trouble is, you do have to get your timing right. I mean buying HMV at 80p and pumping it for 2 years, and selling it last week for circa 3p doesn't quite cut the mustard.

Pumper/dumpers, day traders, longs/shorts all add liquidity to a stock, and without liquidity you end up with 10-20% spreads.

Bring em all on. ;-)

[nolens volens] 18/12/2012 13:48

LOL Clocktower/karl in jersey

You are a pumper dumper. Anyhow what do thing about the blues being able to vote down the votes of the blakcs but not vice versa. Shall I send you a toupee for your bald head for Christmas

[clocktower] 18/12/2012 13:44

LOL graham2405 - nv is on the drug and addicted.

[nolens volens] 18/12/2012 13:43

What personal comments are those? That's the karl guy who goes in for that type of thing. Would you have been voting up karl's posts if he had called your daughter a colostomy bag.

[graham2405] 18/12/2012 13:37

Nolens

Who died and made you the forum moderator/inquisitor?

How about you cut out the personal comments and discuss HMV.

[graham2405] 18/12/2012 13:34

"Hoping this week will see high levels of trading for HMV"
"hope it was like this all over the country"

Thats a lot of hope.....mind you:

.....BANJO TYPE UPDATE.....

"HMV has seen DVD sales of the London 2012 Olympic Games surge"



Olympics DVD

HMV = £19.99p
Amazon = £15.99p

Perhaps people like to pay over the odds for the same DVD, if they can get enough people to do this they may have a viable business model.

Go HMV.........

I can see the headline now, Olympics DVD sales saves HMV.

[nolens volens] 18/12/2012 13:26

fx scotland

Why are you posting here. You said you sold with a massive loss and presumably you have no intentions of buying in again. Why not concentrate on the shares you are now holding.

[nolens volens] 18/12/2012 13:24

fx scotland What the bod of directors haven't said yet is that they believe there is no value in the shares.

BTW I don't think you are an honest poster. I don't think you held shares here. Your posts were always 100% negative even on days when the share price here surged.

[nolens volens] 18/12/2012 13:21

g.j.a. I don't want to talk to posters on here like Clocktower whose views on hmv can change at the drop of a hat and back.

I will though say this to you. I saw you had posted on the other thread wondering about Totally Banjo's absence today. Banjo has posted on his thread probably every day since he set it up not even taking a summer holiday break as I recall. This is Christmas and a lot of people are now taking well earned breaks.

You were talking about the eye you had kept on game. I did too and jjb. I have had many retail shares this year including deb,jjb briefly, tht, hmv and so have a general interest in the sector. One of other differences I have spotted is how apathetic hmv holders seem to be in terms of posting on these bbs. A few are crawling out of the woodwork now but where have all the other holders been for months to support Banjo and I. Even the ones who have bothered to join in the debate have been downright confrontational towards other holders. And now there's a long term holder posting on lse that you should all club together and buy some of the debt. Can you feel the love and the unity. I see you have stepped up your own posting rate of late.

[fxscotland] 18/12/2012 13:16

they have said it themselves....I am surprised this is still above 1p....

"likely to breach banking covenants in January" !!!!!!!!!!!

ie. the banks will pull the plug, HMV goes into administration and shareholders get NOTHING...ZILCH

[graham2405] 18/12/2012 13:09

Brando

Sadly, Fopp only has 8 stores and no internet site.

A very sad story.......

After Fopp took over Music Zone (which had gone bust), shortly afterwards Fopp went bust.

You couldn't make it up....

HMV 'rescued' a few branches and kept the brand.

Then look at Virgin record stores, sold to management renamed as Zavvi, and it also went bust.

Spot a pattern here?

Virtually every company involved in selling music on the high street, went bust at some stage.

Hence HMV is the last man standing, no, lets face it HMV is dead man walking.

All IMHO, DYOR

[nolens volens] 18/12/2012 13:07

mysticmagic

Hmv doesn't have a new Chairman yet but here's hpoing

[nolens volens] 18/12/2012 13:04

brando69 Fopp is making a loss too lol

[brando69] 18/12/2012 12:54

makes it a screaming buy then

[graham2405] 18/12/2012 12:45

brando

Fopp is owned by HMV............ ;-)



Research, research, research....

[brando69] 18/12/2012 12:40

"Comet had lots of high street compeitors who were all cheaper than comet."
"Hmv has none and a lot of their prices even beat internet."

Sadly, if I want a DVD off the high street, I go to Fopp not HMV - always cheaper by far.

[g.j.a] 18/12/2012 12:35

Are you still with us Totally Banjo? Missing your updates, which, i for one DO value!

Hoping this week will see high levels of trading for HMV - my nephew was in Plymouth shopping on sunday and said it was "heaving" in HMV with all tills working flat out and queues being managed / long queue of customers being directed to next vacant position - lets just hope it was like this all over the country!

[graham2405] 18/12/2012 12:33

mystic

"Comet had lots of high street compeitors who were all cheaper than comet."
"Hmv has none and a lot of their prices even beat internet."

They are both in trouble because of internet retail and competition.

Comet did not have the support of suppliers, hence it folded very quickly, much like GAME.

BUT, HMV is in real trouble because of the 'strategic decline' in the sale of physical media.

So lets stick to HMV shall we...

If HMV is undercutting internet retailers it can only do it by slashing margin. Hence they barely make an operating profit (and didn't in the last 6 months), let alone cover store refurbishment costs and store closure costs.

Oh, and I am of course forgetting about the ever increasing debt £170m. Which despite income from the sale of assets, IS STILL GROWING.

HMV 'currently' has the support of suppliers and the banks. How long will this last?

I suspect that it is beginning to unravel as we speak (Allied Irish has already sold debt to a 'vulture' fund, how supportive will they be). Post the Xmas sale, they will no doubt have another slow year till next Xmas. Can't imagine that the banks will tolerate the likely as not huge increase in the debt that will take place without any 'valuable' assets left to sell.

I strongly suspect that the banks will call it a day, perhaps allowing time to find a buyer(prepack buyer that is).

Simply put, even if there is demand on the high street for a music retailer, HMV Group plc loaded with debt is not the one to fill that demand. A new HMV, perhaps, and even that may not save the HMV brand on the high street.

It is only a matter of weeks before these 2.4p shares become worthless. In effect they have been for quite a while, shareholder equity is non existant, the company is currently worth -31p per share.

"They now have a chairman who will take them forward."

So, I assume you are a shareholder and have 'faith', answer me this, why have the new management team avoided buying any shares?

I mean, at 2.4p, they are a bargain, no?

Perhaps not, and perhaps the management are only to aware that they are not.

You may have noticed that the new CEO at Thomas Cook loaded up on shares, actually buying quite a decent amount. That is either just sending a message (an expensive one), or taking advantage of cheap shares.

It speaks volumes........

All IMHO, DYOR

[g.j.a] 18/12/2012 12:31

Good to read a positive comment on this thread @ mystic magic - just wave your wand and make it come true!

[brando69] 18/12/2012 12:12

his master seems to have lots his voice

[nolens volens] 18/12/2012 11:26

Clocktower

Not holding hmv shares at the minute so have nothing to contribute to the thread other than to repeat that you are a pumper dumper. You'll need to chat away to others on here who are not holding. I'd rather concentrate my efforts on thinking about shares I hold. Does that comment sound too sensible for this bb.