Hollywood Media Share Discussion Threads

[oldtown] 22/5/2003 13:48

hot where's has the Aussie act gone all of a sudden? you rrrrrrrrrrrrrrrrrrrrrrrrrrrrrr-iiiiiiiiiiiiiiiiiiiiiiiiiiiii-ppppppppppppppppppppppppp-ppppppppppppppppppppp-eeeeeeeeeeeeeeeeee-rrrrrrrrrrrrrrrr
LOL

[hotfinance14] 22/5/2003 13:41

Well Done Zynks.Keep us informed.

If you want to let the exec's know what you feel fax :[phone]..

Time for another tinnie....

[oldtown] 22/5/2003 13:21

m.e.c
all that has been common knowledge for months, holmes said themselves that it was in breach of its banking covenants months ago.
I think that this is a case of greed trying to steel, shareholders value, but like I said it sometimes comes unstuck.
Test 2 leave the loutish comments off this thread now that most of the fools seem to have left this thread for aie.

[hotfinance14] 22/5/2003 13:15

Hi guys...it's panik over there it seems.

If you want to air your opinions send a fax to holmes head office 0207-7954-126.
The more they get the more an impact.Shall i send one from over here ?

Are the FSE definitely investigating the company DIAMONAL ?


I have just opened another (buuurrrpppppp) tinnie.

[test2] 22/5/2003 13:15

Mercier et camier, plaese stop posting news that you just make up it helps no one.
Just because you think that in your haed does not make it true you fool.
Nowhere does it say what you tried to pass of as fact.
JUST STOP IT

[mercier et camier] 22/5/2003 13:13

oldtown

I thought you were going to engage in sensible debate. How silly of me to post reasoned opinions on this thread when everybody else is posting facts. You read what they stated about broken banking covenants and banking finance yet to be secured. It could be the 25p offer is nothing but a front to save face for the length of the talks. The backers have no intention of buying the company but are assured that the banks will pull the plug whence they can pick up the lucrative bits of Holmes place for nothing. You take care now.

[oldtown] 22/5/2003 13:02

Merc
"It comes from the fact that this is not a case of the management offering to buy your shares for 25p or liquidate the company. This is a case of the management SELLING their own shares for 25p or face company liquidation. Can you not see that."

Oh so you mean that you made it up then ?

[mercier et camier] 22/5/2003 11:59

Read the very last line again:-

"These undertakings remain binding even in the event of a higher competing offer being made for Holmes Place".

The backers have secured 26.3% of the shares. They only need to purchase or secure 23.7% and they are in control of the conpany. No third party can usurp them.

[oldtown] 22/5/2003 11:55

Mercier, shall we have a wip round for them?

[cbilcliff] 22/5/2003 11:55

No-one buying shares thinks they should automatically make money - "prices can fall as well as rise" etc etc and if you do your research and buy shares on an informed evaluation of the upside/downside factors etc, then fine - I can take my knocks as well as the next man.

The thing about the recent dealings in this share is that they have been artificially influenced by a management team with a vested interest in screwing the average punter for their own long-term gain.

If they really believed their own (oft-repeated) announcements about how bad the business and it's future was, they would never have got involved in the mbo.

As you say, the price was a lot higher when they first announced their mbo intentions, and they certainly knew all about the business's past and future then (even without the need for one of the longest "due diligences" known to mankind). If they had spent less time and effort talking this share down, the "due diligence" would have been completed long ago.

This whole mbo thing stinks to high heaven and if the regulatory bodies had any conscience, they would investigate this (but I very much doubt that this will happen).

[el-tel] 22/5/2003 11:54

I hope investors chronicle pick up this in their issue tomorrow , particulaly as they did an article in their issue on 9-15th May on "loaded" companies and hol was listed as nav of 129p a share. I agree that the management has ripped the shareholders off but as small shareholders do we have any clout. I will also filter on this thread if anyone posts threads with no factual comments

[oldtown] 22/5/2003 11:48

Zynks, the price was over a pound when they first started taking, but in five months they have managed to drive a hard bargin for 25p.
Greed is something citybankers always let get the better of them,and this leaves them open to failure whan a higher bid come in.
It must be a hold on other bidders coming in at this crazy price.

[zynks] 22/5/2003 11:28

Another thought: At the time the directors first announced officially (as far as I know) that there were talks of a takeover, shares were trading @ 44p. Would it be correct to assume then that someone found this price attractive?

[zynks] 22/5/2003 11:22

That is a good idea. I am also filtering out the members of the other list who I suspect are having a laugh about what's going on.

I am appalled with the events, and I have no intentions whatsoever of accepting the offer. I agree with bebebe that "at this level 25p nobody is currently selling. NAV is 112p...". Even in the unlikely event of another bidder not showing up, I would rather take a 25p loss than see these criminal we call directors making an 87p profit on each of my shares.

I hope Esmeralda is still around to hear her views.

[oldtown] 22/5/2003 11:19

insiderboy, take a look at rdn (Royal doulton) to recoup your heavy loss on this dud!

[oldtown] 22/5/2003 11:17

To be fare, you could see it coming a county mile away!
Thats why the sellers have sold it down from £1.30 since Christmas.

[cbilcliff] 22/5/2003 11:09

Thought it was time we had a new thread that reflected the situation of the share price manipulation by the HOL Management.

[oldtown] 22/5/2003 10:52

hot i think you know just where he is!

[hotfinance14] 22/5/2003 10:46

When the n bid comes in we will watch this ripper go......

Anite down by 11%.....where is insider boy ?

[wally123] 22/5/2003 10:33

Take your money out and F..K them. Invest it elswhere where you at least have half a chance

[downtheboozer] 22/5/2003 10:32

I very much doubt there would be a rejection of the bid. Another party making sounds about an improved offer is our only hope.

[brain duffy] 22/5/2003 10:28

Can we change the thread title now please...

[sugarbeast] 22/5/2003 10:23

dtb

the downside is 25p,if enough shareholders reject the bid,the banks foreclose,and shareholders get zip.