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HOL Hollywood Media

1.375
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hollywood Media LSE:HOL London Ordinary Share GB00B1WN7R92 ORD 0.125P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.375 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Hollywood Media Share Discussion Threads

Showing 2626 to 2649 of 2725 messages
Chat Pages: 109  108  107  106  105  104  103  102  101  100  99  98  Older
DateSubjectAuthorDiscuss
15/7/2003
23:43
what happends if the stubborn holders like us dont take up the offer of 25p... will they take them anyway, if so, then better vto sell now at 25.5p. any ideas
insideryou
15/7/2003
21:34
If you don't choose to take the offer at 25p, you're left with unlisted shares. Selling now for 25.5p is a better deal if you think the shares won't relist in a year or two at a significantly higher level. Clearly some people do, as the shares are currently trading above the MBO offer of 25p.

If you are prepared to take the risk, keep hold of them. If not, sell now for 25.5 so that someone else can reap the rewards in a couple of years.

This is not advice, but a gut feeling that recent events for HOL would not have taken place if somebody didn't think that there would be some major gains to be had in the future. If the company is turned around and relists with good prospects, these will be a goldmine.

On the flipside, the company could go down the pan entirely.

I still hold but am undecided on what to do. Like hot, I'll sell if the share price continues to rise. Right now, I'm more tempted to tuck what I have away for the long term. If I were the HOL management, I'd be looking to turn the company around and put it up for sale. As an investor, riding on the back of that one certainly makes sense... it just depends on how long it'll take....

Any thoughts?

georgedent
15/7/2003
10:45
Put the price up to 50p and they can have my shares.
hotfinance14
15/7/2003
10:44
Some one sold 2 million plus this morning....looks like they want the shares now.
hotfinance14
15/7/2003
09:52
they are now offering 25.5p!
downtheboozer
15/7/2003
08:30
That i find very interesting!!!!!
hotfinance14
14/7/2003
19:07
anyone care to explain why thye mm's are offering 25.25 a share when the offer price is 25p only.... WHAT IS HAPPENING IN THE BACK GROUND.???
insideryou
13/7/2003
12:12
The RNS on 10th July about Goldman Sachs.....did they increase there shareholding ? If so why i wonder.
hotfinance14
12/7/2003
23:07
OK - so if one wants to take the risk of keeping the shares and not being able to get at ones money in the short term how is it affected by the fact the shares are held in a nominee account - in my case comdirect
richwill
12/7/2003
16:08
richwill: I'm guessing that Comdirect will do things in much the same way as my broker - Imiweb. If I instruct Imiweb that I wish to opt for the delisted shares, they'll remove the holding from my nominee account and issue my shares in certificated form.

hot: again I can only speak for Imiweb... If I don't instruct them to either accept the bid or accept the unlisted shares, the default action they will take on my behalf is to accept the bid. I think that will go for any broker's nominee account. If your HOL shares are in your own Crest account or in paper form I don't know what will happen to them. I suggest you talk to your broker.

georgedent
12/7/2003
13:05
I also thought Deutsche bank had blocked the fitness first bid.
hotfinance14
12/7/2003
13:04
What will happen if a sharegholder has not opted for the bid by the time the next closing period is over ?
hotfinance14
11/7/2003
22:00
Don't know how many Goldmans now hold but I suspect they are looking long term. If I remember correctly, once HOL is delisted, should the company need to raise cash through the sale of shares, the existing shareholders will get the option to buy before anyone else. I could be wrong though...

More importantly, if HOL relists (AIM seems more likely than a full listing) you can bet it won't be for a pathetic 25p per share. The directors would be looking to take a tidy profit on their holdings. Wasn't there talk on these boards a while back that net asset value was around 80p? Share price on relisting would be around NAV... Shares right now are at a very tasty discount if you're looking that far ahead.

Personally, I'm not keen to wait that long.

georgedent
11/7/2003
16:29
This RNS yesterday:http:

//www.uk-wire.com/cgi-bin/articles/200307101750384361N.html

How many shares have Goldmans acquired aand interestingly why ?

hotfinance14
11/7/2003
14:05
Your first statement is correct.

It doesn't affect the bid though. Have a look at the recent Cedar (CED) or Fitness First (FTF) threads (or even news items) and you'll see two examples of bids which were over 75% but less than 90%. Cedar de-listed about a year ago Fitness First have only just de-listed.

As esmerelda pointed out, they can get quite aggressive in pursuit of stubborn shareholders. You should be aware that they may threaten to cancel your shares unless you provide in writing certain information (name, address, holding...) (and they are entitled to do this).

matto
11/7/2003
13:49
I am told they can compulsary purchase shares if they have 90% of shares...they only have 77%.

If Deutsche bank buy shedloads to make it over 10% this could cause problems with the bid...i think so any way.

hotfinance14
11/7/2003
12:55
No the bid can't be stopped but they cannot compulsorarily purchase shares (at least not yet).

They have declared the bid unconditional so they have to pay up to those who have accepted the offer.

They have control of over 75% and can effectively do what they like with the company, including delisting the shares.

matto
11/7/2003
09:10
So the bid can still be stopped then ?
hotfinance14
10/7/2003
20:02
I just wonder if there'll be perks in holding the unlisted shares - ie discounted gym membership. I'm a member of the Holmes Place gym near my office and the monthly fee is extortionate. Getting that down might make having defunct, delisted shares worthwhile.

I suppose in an ideal world I'd ditch the shares and cancel my membership in disgust...

Shame it's the most convenient gym for me.

georgedent
10/7/2003
19:08
I see from the RNS at 17.50 that Goldman Sachs also hold over 5% of the shares so with them and Deutche Bank holding more than 10% they can prevent the compulsory acceptance of the offer by all those that continue to hold.

If I had the money I wouldn't mind buying a £1,000 worth and holding on as I would expect them to be worth more in a year or two's time even though they will be delisted and untradable. That might explain todays purchases.

esmerelda
10/7/2003
13:36
There were two small buys today.....that real interesting....why ?
hotfinance14
10/7/2003
13:31
Ladies and Gents i am now officially selling! Good Luck I have bought Redstone this morning and for those of you that followed me into ANITE at 28p well done. Time to take profit!
neilsherring
10/7/2003
13:13
If you accept/have accepted the offer you have to wait two weeks from whenever you accept (or from yesterday in the case of those of have already accepted). However there is no dealing charges/commission to pay.
matto
10/7/2003
13:09
can you tell me - Will Holmes Place pay their 25 per share as soon as going through dealers and incurring commission?
g.j.a
Chat Pages: 109  108  107  106  105  104  103  102  101  100  99  98  Older

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