hi there does anyone have any info on how or when you can buy shares in disneyland resort paris ? :ears:
i was hoping to get my 2 children some , just not sure if they can be brought or how ! im not too good with stuff like that :mickey1:
any info would be great !
thanks :D
Hiya shell-ely.
I posted similar question in Blue Lagoon a coupla weeks ago, but I havent had a response. However I have found out that we cant buy them in the UK as they are only on the French stock market.
What we can do is open a stock account and buy shares this way. I've found this company-
http://www.selftrade.co.uk/ (http://www.selftrade.co.uk/)
They can help you set up an account and buy shares on the French stock market.
I hasten to add, I havent done it yet. I was hoping that I might get a response from someone that tells me a less, um, headachy (do you know what I mean?) way of buying them. I don't do buying shares and its worrying my a bit! :?
I know they are not a big, if any, sort of investment. But I REALLY want to do it! :mickey2:
Quote from: tubbsyHiya shell-ely.
I posted similar question in Blue Lagoon a coupla weeks ago, but I havent had a response. However I have found out that we cant buy them in the UK as they are only on the French stock market.
What we can do is open a stock account and buy shares this way. I've found this company-
http://www.selftrade.co.uk/ (http://www.selftrade.co.uk/)
They can help you set up an account and buy shares on the French stock market.
I hasten to add, I havent done it yet. I was hoping that I might get a response from someone that tells me a less, um, headachy (do you know what I mean?) way of buying them. I don't do buying shares and its worrying my a bit! :?
I know they are not a big, if any, sort of investment. But I REALLY want to do it! :mickey2:[
thanks for that i will look into it and let you know if i have any luck :ears:
if anyone has any info we would love your help :ears:
Yes Please! :mickey2:
Any decent bank should provide you the service of buying shares on Euronext (they are listed on Euronext paris and Euronext Frankfurt)...
Just contact your regular bank. I'm not sure about UK, but there are some stock brokers on the internet too that often provide better prices than your regular banks fr thebrokerage fees, but normally your bank should be able to help you out.
Alternatively - read this FAQ that is posted on the EURO DISNEY SCA website: http://www.eurodisney.com/en/0311.php#5 (http://www.eurodisney.com/en/0311.php#5)
Good luck anyway!
if you're with the halifax or similar, ask them for details of a share dealing account, they all deal in the paris exchange and can get u shares in Eurodisney SCA (about €0.91/share) last time I checked
Thank you Samninetysix and speedpacket! I've never dealt in shares before and didnt have a clue where to start! I don't think Shell_ely did either :mickey2:
thanks for that i bank with the halifax so i am going to talk to them on monday :nemo:
how much does the shares cost now? Haven't there just been some kind of changes? And how many do you have to buy to get the discounts?
Morning,
To be part of the shareholders club there isn't technically much of a change. Previously you would have had to buy either 500 shares plus (minimum entry) or 2,000 share plus (free entry into the club) those shares would have been valued at around 7 cents each.
Today the shares were valued at 7.80 Euros per share. Which sounds a lot more, but now you only have to buy 5 shares plus (minimum entry) or 20 shares plus (free entry into the club).
The value you spent stays the same (sort of)
*******************************
My question is......
They just signed a deal for 1,000,000 euros of liquidity. What does this mean? It seemed to be that no shares were exchanged for this amount of money. Was it just a bank loan?
If it was, on the scale of things what can you do with one million euros?
Hi, general share info can be found on the eurodisney.com site itself (//http://corporate.disneylandparis.com/shareholders/euro-disney-s-c-a-share/index.xhtml) and on euronext.com (//http://www.euronext.com/trader/summarizedmarket/stocks-2593-EN-FR0010540740.html?selectedMep=1). They are 7,52 Euro at the moment. They are named "Euro Disney" and the code is FR0010540740. You might find 2 shares with the name Euro Disney, take the one that has a value of around 7.00 Euros, not the one that's worth 8 cents!
About buying them. Here in the Netherlands there are companies where you can buy and manage shares yourself online (alex and Binck) but in general your local bank should also be able to help with that (maybe costs more per transaction and holding costs). You should count on about 10 Euro's per order/transaction and a few cents of holding cost per quarter.
@Alpop:
At first I thought they got a loan or something of 1 million euro's in cash. But when I searched for 'liquidity contract' I found the following article (//http://www.euronext.com/editorial/wide/editorial-3459-EN.html) which did not make it much clearer for me...
GrandiJoos :cool:
Would it be worthwhile having a forum / topic, just for Eurodisney share related topics. They seem to be mentioned every couple of months. Maybe it would be better if they were grouped together.
A sub-forum 'financial' or 'shares' under 'the resort' would be nice!
GrandiJoos :cool:
I posted a reply to another thread on the same topic, it might help :)
//http://www.photosmagiques.com/forum/viewtopic.php?f=3&t=1749&p=42756#p42756
Hi,
Seeing this topic has prompted a question about my share holding and I hope someone may be able to help.
I am a registered shareholder with an "odd" number of old style shares. I completed and returned the options form to Caceis in December opting to buy more shares to make my holding up to a multiple of 100 and have not heard anything since.
Should I have had a reply by now or is this the same for all registered shareholders?
The same happened to me. I contacted them and (after four attempts!) they came back to say that they did not receive my instructions.
I would certainly contact Caceis again.
Hey guys!
Sorry for my questions, but I can't find the answers anywhere...
I'm planning now to buy shares for the shareholders club. I actually have a good knowledge about shares, but only with buying shares from internet brookers...
disney won't accept it for the club if I buy some from zhe internet brookers right?
So I have to buy it via a bank right? do I have to buy some fees if I buy these shares via caseis? (for depot or something like that)
Thats all... I hope you can help me and sorry if these questions have been answered somewhere else
Greets
Thanks for the reply AlanJT.
I sent an email to Caceis and received a reply and new form the same day which I faxed back, so things are back on course again.
Thanks
Hi,
As far as I understand the club and buying shares it does not matter how you purchase them as long as you can provide proof of your ownership to the club. They will then check with the share registrars Caceis that you are a share owner.
Today I got an answer from caseis. I understood nearly everything and it seems to be very easy, but honestly my english isn't the best so I don't know how to understand this: ......As soon as we have received you documents and a provision of 80% of the transaction (wire transfer or draft payment).... what does this mean??? :oops: :oops: :oops: Hope you can help me!
Thanks in advance
Greets
Right I really need help with buying shares, what do I do. I live in the UK and have a bank account and want to buy shares so what do I do. How do you become of the shareholders club and all that. PLEASE HELP!!!!
Quote from: "Its Just Like I DreamedIt"Right I really need help with buying shares, what do I do. I live in the UK and have a bank account and want to buy shares so what do I do. How do you become of the shareholders club and all that. PLEASE HELP!!!!
Hi! I bought my shares through Halifax Building Society. You have to open a Share Account and then they will buy the shares for you. From start to finish this took about two weeks maximum. You can then go onto the corporate Disney website and fill in the online application form confirming that you own the shares. Membership is free if you own more than 20 shares (used to be 2000 before the reverse split).
Edited to say: forgot to mention that you have to provide to Disney prove of ownership of the shares which Halifax send you via e-mail and I just posted this to Paris.
http://corporate.disneylandparis.com/sh ... ndex.xhtml (http://corporate.disneylandparis.com/shareholders/shareholders-club/discounts/index.xhtml)
This link takes you to a list of the priviledges but will also lead you to the form too!
Hope this helps
Disneymania
Quote from: "Its Just Like I DreamedIt"Right I really need help with buying shares, what do I do. I live in the UK and have a bank account and want to buy shares so what do I do. How do you become of the shareholders club and all that. PLEASE HELP!!!!
I too bought through Halifax.
It was very easy, but I faxed Euro Disney SCA the proof of ownership.
BUT when I enquired by phone for the prices of the Shares the newbie trader quoted me at about £12 per share (they were only about 6p at the time). But the online trading was dead simple to follow. Your need a share dealing account for EDL (not a Share builder).
Quote from: "Hommi16"Today I got an answer from caseis. I understood nearly everything and it seems to be very easy, but honestly my english isn't the best so I don't know how to understand this: ......As soon as we have received you documents and a provision of 80% of the transaction (wire transfer or draft payment).... what does this mean??? :oops: :oops: :oops: Hope you can help me!
Thanks in advance
Greets
I would assume they are saying to start the purchase they have to receive:
Your instruction to buy and any additional documents (in the UK we have to provide proof of identity & residency to conduct financial transactions).
80% of the cost of the shares paid to them by bank transfer or "cheque"
Without the full context the 80% part could have other meanings but I think this is the most likely.
Merged these two topics about shares (we can finally do that with the new forum!). :wink:
Quote from: "Baloo"Merged these two topics about shares (we can finally do that with the new forum!). :wink:
A few topics ago, I suggested a topic forum or shares and financial info. Is this possible Baloo? It would possibly mean that the topic wouldn't be repeated.
Quote from: "CJNorth"Thanks for the reply AlanJT.
I sent an email to Caceis and received a reply and new form the same day which I faxed back, so things are back on course again.
Thanks
Have you heard anything since you faxed back your form as I was in the same situation as you in which they never recieved my instructions etc. I emailed the new completed form to them. They said after 3 days they would let me know cost etc so I could arrange a transfer but have heard nothing since 4th March even though I have emailed them.
Yes, about a week after I faxed the form I received a reply confirming the shares had been bought with a bill saying I should send payment by return. I did this and then received confirmation of my ownership.
I would send them another email or fax a copy of your form.
Quote from: "CJNorth"Yes, about a week after I faxed the form I received a reply confirming the shares had been bought with a bill saying I should send payment by return. I did this and then received confirmation of my ownership.
I would send them another email or fax a copy of your form.
Thanks for the reply, I emailed them on Friday & they have waived the cost for the xtra shares for me as there wasn't many to purchase. So all i'm waiting for is my a new share certificate with the new total on. :D
Well following all the great advice from you all I bought my shares via the Halifax in the UK and all I have to do is send my contract note off via email or fax later this evening for my share membership card then book my trip at Halloween.
Have you found you get a quicker response via email or fax for your membership?
Has anyone seen what's happend to the EDL shares over the past couple of weeks? :D/
What has made the shares soar?
I've just got my shareholders club card, I'm so happy!!! :D :D
Quote from: "Alpop"Has anyone seen what's happend to the EDL shares over the past couple of weeks? :D/
What has made the shares soar?
Maybe my huge 20 share purchase attracted the attention of the major investors and started a run on share buying....NOT....lol
I guess holiday season is approaching so the demand is increasing which reminds me, my membership has not yet arrived so time for a telephone call.
Well I received a letter with a membership number and my card is to follow which is great as I will be there 27 & 28 August for an unexpected trip with my daughter. I can't wait for the card though.
How long did it take to get the card?
It took a bit more than a month for my card to arrive
Thanks for the answer!
So hopefully I will receive my card during the next two weeks.
Hey guys, I've never even heard of the shareholder's club before. What's the deal if I may ask? I really want to know. Thanks. :D
Oh, it's brilliant!!
It was my husband who found out about it, and got me the shares...
You need I think a minimum of 5 shares to join, and if you have over 20 shares membership is free - the price is quite low so it's worth going for it.
Once you have your shares you need to fill up a form (it's on their website) and send it to them. A few weeks later you get a beautiful membership card...
With it you can get lots of discounts, in the restaurants, hotels, shops... Even in the Disney Stores accross Europe!! And you get invited to special events in the park - next one is a screening for Wall-E in the studios (in French though), but they also had previews of the new rides, for example
And of course as a shareholder, you can say you own (part of) the park... I like to think that I own a small part of one of Minnie's eye lashes :P
You can find all the info here:
//http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml
That sounds great! We're thinking about getting Annual Dream passes. Can one combine the discounts? 'Cause I don't think I'll need both.
No you can't combine the discounts, but I think you can get a discount of your annual pass if you are a shareholder!!
Yes, you get a discount on the AP if you're in the shareholders club!
Of course if you have both, you can get the best of each one for the discounts... So for restaurants with the shareholders card you get 15% discount, and only 10% with the AP (I think), but in shops the AP gives you 20% discount as opposed to 15% with the shareholders card...
Can anyone scan their AP-card? It would be so cool to see what´s it like (I'm actually considering being a shareholder member only to have this card in my wallet :-) ... that is if it's gorgous enough)...
Yesterday I received my Shareholders club Card. So now I own a little flower on Central Plaza. :D
He he he, the card arrived the day I got back but I had no problems getting any discounts with the confirmation letter :D/ . Unfortunately I did not get to Salon Mickey as I had a bug that required me not to eat....say no more :cry:
I was only there for a few days but I was suprised at how few characters there were around apart from in the parades. Maybe it was just my perception.
Quote from: "roaldbergmann"Can anyone scan their AP-card? It would be so cool to see what´s it like (I'm actually considering being a shareholder member only to have this card in my wallet :-) ... that is if it's gorgous enough)...
They show you the card on the Shareholder web site.
//http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj
Click on Discounts and privileges. The card is the first image. It is nice to be able to show it off in the Disney Store in the UK and get your 10% discount to boot!
For anyone thinking of buying, the shares are currently trading at around the bottom end of their range in the last 12 months - about €7 each.
Quote from: "LilysDad"For anyone thinking of buying, the shares are currently trading at around the bottom end of their range in the last 12 months - about €7 each.
And falling! I look at buying some every few years, but this time it could be the right time.
The new shares are quoted in euros, is that right? So, I worked out yesterday that for 20 new shares it would cost €137 - it could pay for itself very quickly.
If you think about the Discount card you could definately get your money back in one trip. We saved on food alone the value of our card.
Plus reading the small print about the Half board vouchers. It says you can save UP TO 15% with the vouchers. But as a share holder you WILL save 15% on food and drink.
BUT...
We went into a shop and bought a bottle of coke and some kinder egg style sweets. which you can't get discount off NON Disney products.
Well I'm now the latest member of the shareholders club.
I bought 20 new shares first thing this morning through www.selftrade.co.uk (http://www.selftrade.co.uk"%20onclick="window.open(this.href);return%20false;) for EUR7.01 per share - and within 20 minutes the value had dropped back to yesterday's lows - I missed the deadline by 3 minutes. Oh well. These things go up and down.
So, total cost including GBP12.50 trade commission was GBP123 - it could have been less but I'm pretty happy with it.
Quote from: "Alpop"But as a share holder you WILL save 15% on food and drink.
Hmm, I've just re-read the benefits and it's 15% on food and drink ONLY at table service/buffet restaurants in the park and in the village.
I was hoping it was counter service too, and I was sure that omission was something I'd have picked up on before :(
We used the at the coffee grinder on Main street. I also believe we used it at the counter service next to pinocchio
With selftrade.co.uk they want me to submit a statement or something but dont tell me what/where/who?
Quote from: "Nicholas-c"With selftrade.co.uk they want me to submit a statement or something but dont tell me what/where/who?
Initially on the website they want an address verification code, which they send to your home address, and then they want a bank statement mailed to them. In either case, you can buy shares in Euro Disney without any problems.
You have a month to submit your bank statement before they lock your account.
Quote from: "fattybacon"Quote from: "Nicholas-c"With selftrade.co.uk they want me to submit a statement or something but dont tell me what/where/who?
Initially on the website they want an address verification code, which they send to your home address, and then they want a bank statement mailed to them. In either case, you can buy shares in Euro Disney without any problems.
You have a month to submit your bank statement before they lock your account.
Do you know the address or where I can find it to submit my statement
Quote from: "Nicholas-c"Quote from: "fattybacon"Quote from: "Nicholas-c"With selftrade.co.uk they want me to submit a statement or something but dont tell me what/where/who?
Initially on the website they want an address verification code, which they send to your home address, and then they want a bank statement mailed to them. In either case, you can buy shares in Euro Disney without any problems.
You have a month to submit your bank statement before they lock your account.
Do you know the address or where I can find it to submit my statement
As far as I can see, you can send it and pay for it, or if you aren't in a hurry, use their FREEPOST address. I know which I'll be doing!
Posting items to SelftradeUrgent or important forms
If you are posting us something that needs to arrive as soon as possible, you should use the address:
Customer Accounts Administration
Selftrade
Boatman's House
2 Selsdon Way
London E14 9LA
If you're posting valuable documents like share certificates you may also wish to consider sending these by registered mail.
Non-urgent communications
If time is not critical then you should use our FREEPOST address:
Customer Accounts Administration
Selftrade
Freepost LON18047
London E14 9BR
Thanks i will send it off tomorrow :)
Its time to buy. Currently trading at below €5, even below yesterday years low. The price is well over half the price earlier in the year.
According to a Financial section in the Sunday Papers, Euro Disney and due to announce their first profit in 5 years this week. Turnover is said to have risen from 930 Million to 1 billion.
The article said that last year they had a debt of 32 Million, this year it is said to be a profit of 8 million.
Obviously this is all speculative, but from what we know as Disney Fans, is it now time to buy the shares?
I believe tomorrow is the day that the results are made public.
And actually...I wouldn't be surprised if they actually indeed did very well the past year! If there will be a profit is still to see, but I sure hope so.
I have read in an English newspaper (Internet) that Euro Disney is making profit this year.
http://www.dailymail.co.uk/money/articl ... years.html (http://www.dailymail.co.uk/money/article-1078836/Disneys-smiles-Paris-resort-enjoys-profit-years.html%22%20onclick=%22window.open(this.href);return%20false;)
This is such great news ! :D
Does this mean they are no longer in debt ?
Quote from: "Owain"This is such great news ! :D
Does this mean they are no longer in debt ?
Only if it is true, until it is officially announced, it should be treated as a rumor. But I'm pretty sure that if it is true, then they should be out of debt, which of course is brilliant news :mrgreen:
Then as share holders do we get dividend payments???
The indebtedness is a seperate issue from operating profits. As of 30/9/07 Eurodisney SCA owes €2.004,000,000. This is unlikely to have been repaid in 12 months.
http://corporate.disneylandparis.com/in ... ndex.xhtml (http://corporate.disneylandparis.com/investor-relations/debt-information/index.xhtml%22%20onclick=%22window.open(this.href);return%20false;)
However, an operating profit is wonderful news!
They should now be able to make good their repayments. I doubt there will be a dividend for shareholders.
Quote from: "ford prefect"I doubt there will be a dividend for shareholders.
It was wishful thinking
Quote from: "fattybacon"Well I'm now the latest member of the shareholders club.
I bought 20 new shares first thing this morning...
Hmm, I'm feeling rather gloomy about this. I sent my Actionaires club application form off by fax on 2nd October and I haven't received anything back 3 weeks later. I know the stated turn around time is 6 weeks but people were quoting around 10 days... before the price dropped to a level that encouraged people like me to buy!
I tried the shareholder club email address yesterday with no reply, and I rang the telephone number today but it was an answermachine that asked me to leave my contact details. Does anyone know if they ring you back or answer emails?
I'm due to set off to France on Friday for a visit to DLRP on Monday and I can't see how I'm going to get a temporary card or my official card.
Is it possible to collect a temporary card from City Hall or somewhere on site?
Quote from: "fattybacon"Hmm, I'm feeling rather gloomy about this. I sent my Actionaires club application form off by fax on 2nd October and I haven't received anything back 3 weeks later. I know the stated turn around time is 6 weeks but people were quoting around 10 days... before the price dropped to a level that encouraged people like me to buy!
I tried the shareholder club email address yesterday with no reply, and I rang the telephone number today but it was an answermachine that asked me to leave my contact details.
The gloom is lifted! I rang again and got through to the loveliest of lovely ladies and she faxed my temp. club membership in the nick of time, I'm setting off for France tommorrow!
:D/
Glad you got your card. I was thinking it was a slim chance, but didn't want to put a dampener on your hopes.
Now all you have to do is spend lots.
Hi,
I'm thinking of buying shares to save on future visits, especially as they are currently priced so low, but I wanted to clear up a few things about the benefits: Do you only get discounts on park tickets and hotels booked independently, or would I get a discount if I booked a package via the Disney website? Also, the hotel discount applies to a maximum of 2 nights - would I be able to book for 3 nights, get a discount on 2 of the nights, and pay full the 3rd night?
For example, we're going to DLRP next week for 3 nights over Halloween (Thursday to Sunday), which was all booked as a single package from the Disney website. (I find that less stressful than separately booking hotel and Eurostar and finding one has sold out whilst booking the other, which is what happened last time I went!). If I had been a shareholder at the time of the booking, would I have been able to save anything?
Thanks,
Oliver
Quote from: "olippold"Do you only get discounts on park tickets and hotels booked independently, or would I get a discount if I booked a package via the Disney website? Also, the hotel discount applies to a maximum of 2 nights - would I be able to book for 3 nights, get a discount on 2 of the nights, and pay full the 3rd night
Hi Oliver!
You cannot book through their website to get the discount; there's a phone number for the shareholders bookings (number's on the back of your card), you need to book your stay through them to get the discount. For the park tickets, I belive discount is only applied for tickets bought at the park entrance. Regarding the 3rd night, I guess they would do that, yes, but I can't tell you for certain I haven't tried yet. They're really helpful, so I'm sure they'll try to give you the best possible rate!
It is worth mentioning that you can't get the Shareholder discount on top of a special offer. When we booked it was "get one night free". When I phoned up to book the room package, They said that I was better off with the free night deal, than with the shareholder discount.
It is worth comparing both though.
I may be out of date with this bit of information but you never used to be able to book your transport (Eurostar) on the Shareholders line.
Just a quick note to anybody who currently has shares, or is thinking of becoming a shareholder. After hitting a record low over the past few weeks it looks like the share price is finally stabilising and may start to rise again, a big releif for shareholders like myself and also a very good opportunity for potential investors. [-o<
Hi everyone! I need a little help please [-o<
I'm in the UK and looking to buy shares, my bf works for a bank (RBS) and can do this for me with their Direct trader share dealing account, where you have the option to buy either online or by phone. Will this be accepted for shareholders club? If they only send confirmation by email?
What an interesting question!
They do say that an online statement is not acceptable, but..........
This is what I did!
Printed off my online confirmation and cut off the web address that was printed on teh bottom edge of the page. Then faxed over my registration form and "NON online statement".
No questions asked, job done.
Quote from: "Clarebelle"Hi everyone! I need a little help please [-o<
I'm in the UK and looking to buy shares, my bf works for a bank (RBS) and can do this for me with their Direct trader share dealing account, where you have the option to buy either online or by phone. Will this be accepted for shareholders club? If they only send confirmation by email?
Hi Clarebelle.
I bought mine over the phone recently using the Halifax Sharedealing Service. About a week later I got my copy of the transaction notice that confirms that they bought for me 50 shares at whatever the price was. This statement shows my name and address as well as the shares that were bought and was sufficient for me to fax with the online form. My guess is that however the shares are bought - online or phone - you will still get a transaction advice notice that confirms the purchase.
Hope this helps :)
Hi everyone!
Thanks for all the advice, We are thinking we will go ahead buying from RBS and see what happens, and well if they don't accept that we own th 20 shares needed, well I will just have to kick up a stink :shock: I dont want to be conned out of shareholders:(
Just got my 20 shares :D
Shares + their commision (£12.50) = £65
Very happy girl :D :D/
Does anyone know if it is possible to get the shareholders card pushed through a bit quicker? only got 30 days till we go :D im faxing off the form tomorow :!:
Hi, Clarabelle,
If you phone the shareholders club on (freephone from the uk) 00 800 64 74 56 30 and explain the situation they may do the same as they did for me.
We joined three weeks before we went (approx 6 years ago) and the card normally takes 6 to 8 weeks. A very helpful lady at the shareholders club sent a letter confirming my membership to Newport Bay Club, it was waiting for me to collect when I checked in..
This letter was accepted everywhere in place of the membership card.
OK thanks! I will give it a go
is there English good? oh and were staying at the "Magic Circus" hotel :S oops, but maybe they can email me a copy of it?
One question about the shareholders discounts.
Does anyone know if there's a limit to the number of people to get the discount in restaurants? I know that for the hotels there's a limit (and to go into the Salon Mickey), but what about in restaurants?
I'm wondering because when we go in May there's 15 of us....
I've never seen anything written about this so I would recommend putting the question in writing to Shareholder services and get them to confirm it to you via an email / fax / post so that you'll have some proof when it comes to paying the bill.
Can someone please advise me how to book a hotel with shareholders discount
Does anyone know when is the best time to book for Halloween?
Also which is better AP dream discount or shareholders?
i've been at halloween twice 1st i booked everything with eurostar and did it about 6 weeks b4 that was in NYH..2nd time same hotel but i booked the euro and hotel seperate and did it at the end of september......i want to go again this year but as the 40% discount isnt valid in october i'm goin to leave it a while and see if any offers appear over the summer.....prices are high at the mo.
Can anyone tell me how much 20 New Shares would cost.. :?:
20 x 3.86 = €77.20 ?
Prices here (//http://uk.finance.yahoo.com/q?s=EDL.PA#).
By the way, thanks for the tip here earlier about printing out your confirmation from Halifax and cheekily faxing it minus the bottom web printout strip! Just had to re-apply for the club and it saved a lot of hassle with getting something sent out.
Thanks for that Anthony, it's just I'm waiting for my Halifax Share Dealing Account to be accepted, then I'm going to buy some. I then did a bit reading on the ShareHolders Club. I realised that people were transferring from the old shares to the new ones, which puts a whole new pricing on the shares, but it's the current figures I couldn't find, since I read you needed 20 New Shares so as not to have to pay the admin fee for the 2 years. Anyway thanks again for those.. :mrgreen:
Just bought 21 shares for my better halfs 21st birthday (next month). Am I safe to assume that I should be able to join the shareholders club in time for our visit in August, and that we shouldn't have a problem being able to get let in to Salon Mickey?
If you put in your application ASAP, you should get the card in time. I sent mine by online fax at the very end of March and received the new card towards the end of May, so they aren't lying when they say 6 weeks!
Quote from: "Anthony"If you put in your application ASAP, you should get the card in time. I sent mine by online fax at the very end of March and received the new card towards the end of May, so they aren't lying when they say 6 weeks!
Lying is a bit strong isn't it, Anthony?
I would like to think this is more about exceeding expectations. If it came after 8 weeks you'd be cursing them.
We too bought our shares begining of March (sent our application by fax also) and didnt recieve our card until a couple of weeks ago :roll: if you need a temporary card they will be happy to send you one
Halifax have no charges on buying shares this week. Until Friday 12th June 2009.
Not sure if its for existing customers or also for new customers.
I am planning on taking advantage of this offer.
Quote from: "Alpop"Quote from: "Anthony"If you put in your application ASAP, you should get the card in time. I sent mine by online fax at the very end of March and received the new card towards the end of May, so they aren't lying when they say 6 weeks!
Lying is a bit strong isn't it, Anthony?
I would like to think this is more about exceeding expectations. If it came after 8 weeks you'd be cursing them.
Huh?! It's a turn of phrase, maybe you misread. If anyone happened to think the quite lengthy "six weeks" they quote is just plucked from thin air to guard their backs, no - it does actually take pretty much exactly that long. So if you want to receive a card before you go, best apply 2 months ahead. (Although as Clarebelle says you can get a cover letter sent through which lets you claim any discounts/privileges before then, which is nice of them)
Quote from: "Willow"Halifax have no charges on buying shares this week. Until Friday 12th June 2009.
I think it is for everyone, so yes - if you're in the UK thinking about Euro Disney shares, this is the week!
Info: http://www.halifax.co.uk/sharedealing/P ... ethsdlspon (http://www.halifax.co.uk/sharedealing/Product_landing_pages/international_trading_offer.asp?source=nethsdlspon)
anybody have any tips on buying shares from ireland i have tried my bank boi and they dont do them.
Well after a little bit of hassle getting my Halifax Share Dealing account opened, I'm now the proud owner of 20 New Shares, and I've just sent my Shareholders Club Application online/fax to obtain my shareholders card.. :D/ :D/ :D/
What a day to remember when I got them, right on Donald's Birthday.. :D
I've also just released that when my shareholders card eventually arrives, I can get 10% off in any of the Disney Stores aswell.. :D/ :D/ :D/
Quote from: "Javey74"I've also just released that when my shareholders card eventually arrives, I can get 10% off in any of the Disney Stores aswell.. :D/ :D/ :D/
My experience with using the card at the Metro Centre (before the refit) was that they had to double check with a store manager before they would offer any discount. When they came back they asked me "what sort of discount does this give you?".
So although it does work, be prepared to stand up for your discount.
In the London Stores we have had no problem, they obviously have seen a few of them. In Norwich we now know most of the staff quite well, so they are kind of getting the hang of it, but it has got to the point where the CMs actually ask us how they put our discount through :shock: :shock: They need to build a branch in King's Lynn, I'm looking for a new job :lol:
Quote from: "Alpop"Quote from: "Javey74"I've also just released that when my shareholders card eventually arrives, I can get 10% off in any of the Disney Stores aswell.. :D/ :D/ :D/
My experience with using the card at the Metro Centre (before the refit) was that they had to double check with a store manager before they would offer any discount. When they came back they asked me "what sort of discount does this give you?".
So although it does work, be prepared to stand up for your discount.
Off talking to Victoria about it on my last visit, she said they actually put it through as the "Magic Kingdom" discount key on the till, which reads as 10%.. :mrgreen:
Eeeeeee, what would I do without Victoria... :lol: :mrgreen:
Can someone help me here, curiosity has got the better of me... :-k
Anyone out there with a Halifax Sharedealing account. I was just wondering if I was to purchase more Euro Disney S.C.A shares, the line on my account that shows your shares being held with the valuation, on the end it's got 3 icons: Buy/Sell and the chart which displays the currect price.
Well if I clicked on buy, and for arguments sake bought another 5 new shares, would it produce a new line underneath or would it just add the 5 new shares to my already existing 20 shares, so then read 25. So if I then went to print out the shares contract, instead of showing 20 it would show 25. Or would it produce a new line with the new 5 shares showing separate.. :?:
My reason of asking is to do with the Shareholders card being valid for 2 years, but in order not to pay the admin fee on renewal you need to have bought at least another 5 new shares and send your certificate proving it. So if it is just on one sheet with a new figure, would it have two seperate dates, one from my initial purchase and one for my new one, or would it just have one date on it from my more recent purchase. Or would it be another contract certificate altogether only showing my 5 new shares.. :?:
This being the case would I only need to fax the new contract certificate proving the purchase of 5 new shares after the original date of my first lot, or would I need to fax both of them, one of which they should already have a copy of to get the card in the first place.. :?:
Now if you understand all off that your doing well.. :lol: :mrgreen:
Anyone help.. [-o<
Sorry Javey, I can't help out on your original question, but to be honest I don't think your premise is correct:
Quote from: "Javey74"My reason of asking is to do with the Shareholders card being valid for 2 years, but in order not to pay the admin fee on renewal you need to have bought at least another 5 new shares and send your certificate proving it.
Where did you get this from? As far as I know this is incorrect. This is what the shareholders website says:
QuoteTo renew your membership to the Euro Disney S.C.A. Shareholders Club, you need to hold at least 5 new Euro Disney S.C.A. shares (ISIN Code: FR0010540740) or 500 old Euro Disney S.C.A. shares (ISIN Code: FR0000125874).
If you meet this requirement, complete the online renewal form and mail or fax recent proof of your position as a shareholder (for example: bank account, contract note, certificate from your financial intermediary, ...). Please note that electronic prints of online statements are not accepted.
Shareholders who own between 5 and 20 new shares (or between 500 and 2,000 old shares) will also need to send a 2-year administration fee of €30.
If you hold 20 new shares (or 2,000 old shares) and more, you do not need to pay any administration fee.
With 5 "new" shares they just mean "new style" shares, i.e. after the consolidation (compare with the 500 "old" shares). They don't mean that you need to have purchased new shares since first joining the club! It clearly states that no fee is required if you hold 20 shares - exactly the same as when you first joined up.
So, for example, you bought 5 shares yesterday. And then today you bought another 5 shares. Your account would show that you have 10 shares.
So all shares for the same company are on the same line, regardless of when you bought them.
Hope that makes sense! :)
Quote from: "Willow"So, for example, you bought 5 shares yesterday. And then today you bought another 5 shares. Your account would show that you have 10 shares.
So all shares for the same company are on the same line, regardless of when you bought them.
Hope that makes sense! :)
That will do me Willow for the first question.. :wink:
Funny thing is I would have found out anyway in time, it's just I couldn't wait to see what would happen.. :lol:
Thanks for that.. :D
As for DisneyAlba's point....
I can see your view, it all comes down to the interpretation of the word 'New'. I know the general term 'New' is the new type of share consolidation, as you say 2000 old shares = 20 new ones. But for some reason to me it meant 5 new shares, as in at least 5 more than your original amount, in my case 20. My main reason for thinking this is that ED S.C.A would not gain any more money from people with 20 shares or more year in year out, it seemed to make sense, even to the point of ED S.C.A being clever as it would cost you less than the admin fee (€30.00) to buy 5 new shares anyway, so it's encouraging you to buy some more over a 2 year period. It would cost you more paying the admin fee over a 6 year period [€90.00], if you had less that 20 New Shares in that time. Didn't make much sense that's all. They have got to make more money on the vast majority who will have 20 + New Shares. It's probably me just being sceptic with terminology, in a way I hope you are right. Mmmmmm.. :-k
Maybe someone who has already done this could respond at this point, someone who has used the same certificate every two years.. :?
Quote from: "Javey74"I can see your view, it all comes down to the interpretation of the word 'New'. I know the general term 'New' is the new type of share consolidation, as you say 2000 old shares = 20 new ones. But for some reason to me it meant 5 new shares, as in at least 5 more than your original amount, in my case 20. My main reason for thinking this is that ED S.C.A would not gain any more money from people with 20 shares or more year in year out, it seemed to make sense, even to the point of ED S.C.A being clever as it would cost you less than the admin fee (€30.00) to buy 5 new shares anyway, so it's encouraging you to buy some more over a 2 year period. It would cost you more paying the admin fee over a 6 year period [€90.00], if you had less that 20 New Shares in that time. Didn't make much sense that's all. They have got to make more money on the vast majority who will have 20 + New Shares. It's probably me just being sceptic with terminology, in a way I hope you are right. Mmmmmm.. :-k
I fully understand your reasoning that Euro Disney S.C.A. would want to encourage people to invest more. :) However, it's the grammar that makes me stand by my view:
QuoteTo renew your membership to the Euro Disney S.C.A. Shareholders Club, you need to hold at least 5 new Euro Disney S.C.A. shares (ISIN Code: FR0010540740) or 500 old Euro Disney S.C.A. shares (ISIN Code: FR0000125874).
If they meant "new since first joining", they would have had to write something like "5 new 'new' shares or 500 new 'old' shares". As it is, they are just referring to the total amount of shares you hold, with no mention to an amendment since first joining. If they meant anything otherwise, their sentence would be incorrect.
Furthermore, EuroDisney's meaning can be inferred from what follows:
QuoteShareholders who own between 5 and 20 new shares (or between 500 and 2,000 old shares) will also need to send a 2-year administration fee of €30.
If you hold 20 new shares (or 2,000 old shares) and more, you do not need to pay any administration fee.
It would be illogical if the meaning of "new" in the first paragraph were different than it is here in these paragraphs, and in these latter paragraphs they clearly do not mean "new since first joining" (or else the math would be wrong).
Hope this helps clearing things up! :)
Quote from: "Javey74"even to the point of ED S.C.A being clever as it would cost you less than the admin fee (€30.00) to buy 5 new shares anyway, so it's encouraging you to buy some more over a 2 year period. It would cost you more paying the admin fee over a 6 year period [€90.00]
That's totally dependant on the share price at any given time though, of course.
I'm inclined to interpret it as meaning you don't need to buy any additional shares year on year.
I am the now the proud owner of 25 EDL shares and my application for the club is being faxed over today. :D/
To answer Javey74's question. I spoke to the very nice lady at the shareholder's club yesterday and she assured me that once you have your 20 or more shares you do not have to buy any more to keep your membership up to date. Hope this helps.
Quote from: "Handy Andy"I am the now the proud owner of 25 EDL shares and my application for the club is being faxed over today. :D/
To answer Javey74's question. I spoke to the very nice lady at the shareholder's club yesterday and she assured me that once you have your 20 or more shares you do not have to buy any more to keep your membership up to date. Hope this helps.
Thank you for that Handy Andy.. :D/ Question solved.. :D
I'm also over the moon since I got my first shareholder books today, which I'd read about getting every so often. One of which is the 2008 Annual Report, it's similar to an Argos book for thickness, well maybe not that thick.. :lol:
But the other book is about half the thickness, with some fantastic pictures inside of all around DLRP, with some ideas and plans of what could be happening to the parks in the up and coming years, sneek previews and that. It even has a full colour picure of Phillippe Gas, another person I've always wanted a larger picture off and always failed, so that was a nice suprise, plus a shot in the board room and all of the directors around the table. Really got me excited to think, that around that table nearly all the decision are made to what happens at DLRP what we have all grown to love.. :wink:
Really impressed with the folder the books came in.. :D
I've just skimmed through them both at present, as you do, but they need closer attention for sure.. :wink: :D
Anyone else got a letter from BNP PARIBAS informing shareholders that they are now managing the accounts instead of CACEIS-CT ?
Does any one know why this is neccesary?
Not received that one sorry, but i wanted to ask if anyone knew why the share value has just shot up? It is now over the 5 euro per share mark, it was at just over 2 Euros 6 months ago :D/
Quote from: "dhughesrovers"Not received that one sorry, but i wanted to ask if anyone knew why the share value has just shot up? It is now over the 5 euro per share mark, it was at just over 2 Euros 6 months ago :D/
I noticed that aswell tonight looking at my Share Valuation.. :shock:
My shares have gone up just over 25% in value since I bought them on 9th June 2009.. :shock:
Is there something looming that we don't know about.. :-k
Quote from: "britincgn"Anyone else got a letter from BNP PARIBAS informing shareholders that they are now managing the accounts instead of CACEIS-CT ?
Does any one know why this is neccesary?
Yes, I did; and no, I don't know what the reason was. I just shrugged, filled out the forms and returned them like the good girl that I am. ;)
Quote from: "Javey74"I noticed that aswell tonight looking at my Share Valuation.. :shock:
My shares have gone up just over 25% in value since I bought them on 9th June 2009.. :shock:
Is there something looming that we don't know about.. :-k
Almost £50 profit here, 48% growth!
Excellent for the company but no, I don't understand what causes these fluctuations either. Earlier this year they were dropping lower and lower each day. Have other similar travel/tourism shares risen recently?
I bought a few shares when they were at very low a few months ago, I'm around a 100% increase! :o :wink:
(Or basically, I've doubled the amount of money I put in)
Quote from: "Anthony"Quote from: "Javey74"I noticed that aswell tonight looking at my Share Valuation.. :shock:
My shares have gone up just over 25% in value since I bought them on 9th June 2009.. :shock:
Is there something looming that we don't know about.. :-k
Almost £50 profit here, 48% growth!
Excellent for the company but no, I don't understand what causes these fluctuations either. Earlier this year they were dropping lower and lower each day. Have other similar travel/tourism shares risen recently?
Not that I can see in general with other tourism and travel shares, they look about steady. Again on checking today my profit had gone up to 36.87%, I actually printed my valuation off and highlighted the increase, unfortunately I smudged the total, so I went to print it off again and within the 5 minute difference it took, it had gone up to 37.91%. Just check it now Anthony and it's showing 48.34%.. :shock: :shock:
So yes, spot on, how much more will they rise.. :-k :D/
Something to do with the D23 expo being an overall succes????
Quote from: "Soap"Something to do with the D23 expo being an overall succes????
You might be onto something there Soap.. :wink:
I've just been reading about it and they were showcasing future rides destined for all the resorts, as well as many other areas.. :D
As you say, it was an overall success.. :D/
I don't think its to do with D23, my normal Disney shares are pretty steady with no huge increases.
Quote from: "Willow"I don't think its to do with D23, my normal Disney shares are pretty steady with no huge increases.
Maybe, but it's the rides that may have the ultimate effect on this one, since a lot of it was to do with the parks futures with the rides being a big part of it, not as much Disney in general.. :wink: :)
But fair point.. :)
The Annual Report is coming up soon. Maybe things are looking good? But then how would anyone outside the company know that, to affect the share prices? I don't understand these things at all.
It seemed like they were very under-valued earlier this year though, considering the huge consolidation they did.
Up £52 (53%) to £150 from an initial cost of £98. Bloody hell, I should have bought a hundred... :shock:
Closed today 20% up, at 6.79 euros.
Surely the growth will start to slow shortly? :?
:cry: :cry: :cry: :cry:
About 3 years ago I bought my shares (I've got 100 new shares).
I'm still 8% down on my investment according to Halifax.
Sniff sniff. One day.
The price could be rising as there is expected to be a huge increase in holidays next year,people have been staying at home because of the recession ,and as things improve it is expected that a lot of people will be booking trips after doing without !
This covers all holidays not just Disney , sure the announcement of the new attractions at other Disney parks will make Eurodisney shares seem very attractive,as it shows an increase in confidence by WDW !
Quote from: "Alpop":cry: :cry: :cry: :cry:
About 3 years ago I bought my shares (I've got 100 new shares).
I'm still 8% down on my investment according to Halifax.
Sniff sniff. One day.
My god how much did you originally pay for them.. :shock: :o
It must have been way above the price now to be still 8% down with such an increase.. :shock: :shock:
I think they are about £6.50 ish, which was .65p before the consolidation.
If my memory is right, the value sort of halved after the consolidation, even though it should have stayed the same.
Another factor is to add on trading fees. I got 100 (new) Shares over 3 transactions.
What ever the out come is it looks much better than it did. So if none of you sell out just yet they may hold the value a bit more.
Quote from: "Alpop"I think they are about £6.50 ish, which was .65p before the consolidation.
If my memory is right, the value sort of halved after the consolidation, even though it should have stayed the same.
Another factor is to add on trading fees. I got 100 (new) Shares over 3 transactions.
What ever the out come is it looks much better than it did. So if none of you sell out just yet they may hold the value a bit more.
Aaahh, I see.. :wink: I forgot about the trading fee's. Mine are with the Halifax aswell, but I was lucky since on the 9th June 2009 and that week alone, all world shares were commission free and that saved me £17.50 at the time, not sure what your commissional prices were then, but certainly over 3 transactions it will not have been cheap. I could be wrong but the last time I looked at the Halifax commisional charge it was reduced to £11.95 for Real Time Online Purchases and £5.00 for Sales.. :wink:
I only have 20 New Shares, I only wished I had bought 25 at the time, since looking the other day I made about £50.00 profit, I could have sold 5 of them, wait for the price to drop and bought another 10 and still have money left over... :o Damn... :roll:
If you fancy "dabbling" the halifax share builder account is fun. I do £30 per month in random shares that I choose via other websites. So far only one of them (excluding my EDL ones (which is not included in sharebuilder)) is failing.
Quote from: "Alpop"If you fancy "dabbling" the halifax share builder account is fun. I do £30 per month in random shares that I choose via other websites. So far only one of them (excluding my EDL ones (which is not included in sharebuilder)) is failing.
Never really tried it Alpop.. :)
I originally only opened my account to use the Share Dealing side of things to get my EDL shares.. :wink:
But you've inspired me to read more on the Halifax Share Building side. I've also noticed they have got a simple write up on it on the main account page.. :D
Mmmmm.. :-k
Personally, I only opened my Halifax shares account for the Euro Disney shares, 40 of them.
Then I had some money left over from my student loan so bought some Disney shares.
Now there are rumours that Merlin Entertainments/Blackstone are looking to get onto the FTSE 100, so I might buy some of them. (I believe them getting onto the FTSE 100 means I would be able to buy shares in the company)
Quote from: "DisneyAlba"Quote from: "britincgn"Anyone else got a letter from BNP PARIBAS informing shareholders that they are now managing the accounts instead of CACEIS-CT ?
Does any one know why this is neccesary?
Yes, I did; and no, I don't know what the reason was. I just shrugged, filled out the forms and returned them like the good girl that I am. ;)
I must admit I did the same thing :roll:
yay. got the shares now, bought them this morning via halifax online.
to join the disney paris shareholders club i am right in thinking all i need to do now is the form and send that with a copy of the contract notes?? does any one know if they accept the applicatons via email as opposed to posting of fax??? as i am worried they wont accept the print out of the contract notes as they seem to want origionals according to their forms.
am i missing anything else that i need to send (i have bought 20 shares, so dont need to include the fee)
sorry not very good at these sorts of things lol and want to get it sorted asap!
Quote from: "anna42hmr"yay. got the shares now, bought them this morning via halifax online.
to join the disney paris shareholders club i am right in thinking all i need to do now is the form and send that with a copy of the contract notes?? does any one know if they accept the applicatons via email as opposed to posting of fax??? as i am worried they wont accept the print out of the contract notes as they seem to want origionals according to their forms.
am i missing anything else that i need to send (i have bought 20 shares, so dont need to include the fee)
sorry not very good at these sorts of things lol and want to get it sorted asap!
Hi anna42hmr, well done on your shares.. =D>
You think correctly with your info, though I'm not sure about emailing your contract, just for reasons of originality. I sent mine on the works fax and it went through fine, got Shareholders Club Card after about 3 weeks, though it can take up to six.. :D
But yes, I would recommend faxing where possible.. :wink: :D
I would also recommend that you fax them. My dad actually bought me a fax machine just to do it lol. If you need a temporary card in the mean time you can just phone them and they will either fax or post you one, they will even fax it to a Disney hotel if you are going :D
They're actually really quick at responding to emails, they've been very helpful.
Hi guys, sorry to be asking questions that have most likely been asked before but my computer is taking forever to load the forum search page and I've given up :roll: :|
Just to confirm, the shares that I want are Euro Disney S.C.A.? (looked online and there appears to be loads of different ones!) :?
Also, I looked on another forum where it said that the number of shares required to join the club is 500, but I thought it was much less than that, have they put them up recently?
Sorry for being a pain
The minimum amount of shares you need are 5, but to get into the shareholders club for free you need 20 (or pay €30 joining fee with your 5 shares). The other forum were probably refering back to before the shares were consolidated, so 1 new share is the equivilent of 100 before consolidation.
It is indeed Euro Disney S.C.A. but shares are around their year high at the moment so it is probably not the best time to buy.
thanks for the help javey74 and clarebelle.
i have faxed the forms off this morning on the work fax and seems to have gone through ok (fingers crossed) i have included a cover sheet and asked if they dont mind to email confirmation of receipt.
cant wait fingers crossed they sort out quick as my trip is in january and what with the postal strikes looming want it to be processed asap. ended up paying £135 for the 20 shares (including halifax's share dealing) i know its probably more than i would have paid earlier this year but oh well, with my trip in january looming couldnt wait too long for them to drop and also if the pound goes any weaker than the euro then it may not make a difference even if the shares do drop slightly.
Thanks for the help Clarabelle, shame the stock has gone up but I'm still pretty sure that we'll end re-cooping that by the end of our trip!
anna42hmr, thanks for saying how much you paid, it helps to know, even though I wish it was less!
no problem, i wish it was a bit less to jeakat24 but at least i have done it now, and that also includes the halifax trading fee which i think was around £17.00
i have had to fax the shareholders forms the end (yesterday am), as cant work out how to get the contract note downloaded to my computer to email it. so had to print it.
i have asked them to email me to confirm receipt but not had anything from them yet. I have fax confirmation so fingers crossed it will be ok
Quote from: "anna42hmr"no problem, i wish it was a bit less to jeakat24 but at least i have done it now, and that also includes the halifax trading fee which i think was around £17.00
Lol I bet you do! :D Thanks for the info, I hoping that because Kane works for Abbey we'll get some kind of discount (if they can do it for mortgages etc then I'm sure they can do it for trading fees) but I don't know what their prices are in the first place, so if they don't I'm defiantely going to Halifax!
thats good, the parent company of who i work for is a bank, but ended up going with halifax as though we get free trading on uk stock markets, we are still charged on foreign markets and halifax has no matainance/annual fees etc
getting worried now though as when i faxed over the papers to disney i had a cover sheet asking them to email to confirm receipt as well as sending an email after to them and nothing yet in my inbox to say they have received the fax. am tempted to resend incase
They are normally quite slow at emails, Try phoning the shareholders club
theyve sent me an email tonight, has been received and processed and sending the card in the post!!
Quote from: "anna42hmr"theyve sent me an email tonight, has been received and processed and sending the card in the post!!
Splendid.. :D/
got the temporay card in the post today (despite the postal strike!)
Anyone else's Halifax Shares totally got confused?
(//http://i34.tinypic.com/2upycxt.png)
As in, my shares were bought for a lower price than they are now, but I'm shown as almost £50 down. This suddenly happened late last week.
I would have to agree with Halifax shares being confused.
Even when everyone was saying they had made money on them Halifax's prices had stayed the same.
I'm not sure how accurate the pricing is from the Paris exchange feed. So I'd double check the values. Possible exchange rate rate could affect the price too.
I have been on the phone to the Halifax and they have an IT problem which happened on Friday and will be sorted within a few days.
The issue is that instead of the shares being valued at £5.80-ish per share, they are being valued at 5.80p per share.
that would explain a lot.
Maybe I am in profit then
Hi there, First time posting but long time lurker :)
I know i've left it stupidly late but I'd like to purchase at least 20 shares in eurodisney to gain the discounts, and i'm arriving in Eurodisney on November the 8th!
I'm based in the UK and only have a Abbey National bank account. Does anyone know how I can go about this?
Thank you!
Liz
You can buy shares easily in less than a week. (Not sure if Abbey do shares, Halifax are easy to deal with)
However.... to get the discounts I believe you require a Shareholders card which takes a number of weeks to arrive.
You could call the Shareholders department to see if there is anything they can do though.
(00 800 64 74 56 30 or + 33 (0)1 64 74 56 30)
Thank you, i'll try calling tomorrow. I'll look to see if there's a UK phone number :)
Get the shares and send them the proof per fax. When you call and tell them you are going in a couple of days they will send you a temporary shareholder certificate per fax.
It took nearly two months until I received my Shareholders card, but I didn't know the possibility that Nicolai just described.
QuoteDear Shareholders Club member,
As a member of the Shareholders Club, you have been cordially invited to participate in an informal meet and greet, question and answer session with Philippe Gas, CEO of Euro Disney S.A.S., and Greg Richart, Senior Vice President & Chief Financial Officer of Euro Disney S.A.S. This is an opportunity to meet and discuss with Philippe and Greg on news and events regarding the Company's financial performance as well as future projects.
What a great experience for those who go! (Bit far for me to travel for a 90 minute meeting!)
Quote from: "paul"QuoteDear Shareholders Club member,
As a member of the Shareholders Club, you have been cordially invited to participate in an informal meet and greet, question and answer session with Philippe Gas, CEO of Euro Disney S.A.S., and Greg Richart, Senior Vice President & Chief Financial Officer of Euro Disney S.A.S. This is an opportunity to meet and discuss with Philippe and Greg on news and events regarding the Company's financial performance as well as future projects.
What a great experience for those who go! (Bit far for me to travel for a 90 minute meeting!)
I'd love to go! We're not here for the first one, but maybe for one of the later ones... Though they only have room for 25 shareholders club members... It will be difficult to get a space!
It would be great to attend such a meeting. Maybe I'm going to attend the annual shareholder meeting in February. Is anyone else on this forum planning to go there?
Did anyone already attend the shareholder meeting?
Does anybody know if you can buy Euro Disney shares though HSBC? Also I am wondering what the Shareholders Club is about and what the benefits are? Thanks in advance, I find shares confusing.
Edit: Found out about the club here (http://corporate.disneylandparis.com/sh ... ndex.xhtml (http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml)), still wondering about HSBC :)
I'm not sure, but I think you can buy the shares at every bank. I have an account at my local bank and bought the shares there.
Hi I am so confused, I really want to buy shares and join the shareholders club.
Really can't get my head around where/when/how!?!
I'm with HSBC bank and NATWEST bank. Can I buy shares through my bank and then how do I join the shareholder's club?
idiot-proof guide if possible, thanks! :) x
Quote from: "toritinker"Hi I am so confused, I really want to buy shares and join the shareholders club.
Really can't get my head around where/when/how!?!
I'm with HSBC bank and NATWEST bank. Can I buy shares through my bank and then how do I join the shareholder's club?
idiot-proof guide if possible, thanks! :) x
Sorry I can't help with HSBC and Natwest banking systems for shares, but about obtaining shares in general, yes most banks have Shareholder/Sharedealing/Sharebuilding type schemes. I'm with the Halifax and to get my Euro Disney S.C.A. (EDL) Shares I had to pay £100 to open a Sharedealing/Sharebuilding type account. Once open I looked for the shares which seemed simple enough [EDL PAR] and then bought 20 New Shares, which I required to join the Shareholders Club. Those shares are now held in my account, from which I can check the valuation of them at anytime and able to print a certificate of ownership at any time when ever required.. ;)
Also just to point out, I didn't have to leave my surplus money in the Sharedealing/Sharebuilding account, I could transfer what was left out of the £100 back to my current account, and my account would still remain open. The £100 is just initially to open it.. :)
As a said to begin with you are with banks that I don't have accounts with, but I hope I've explained the general jist on buying shares, which should be mostly the same on other Share type accounts, no matter what bank.. :)
Thank you for your help Javey!
I am going to go into my bank and ask someone there...I'm not very good with these sort of things!
When you have the shares, how do you then join shareholders club in disney?
thanks x
Hi toritinker.. :D
This link will tell you what you need to know on the Shareholders Club.. :thumbs:
http://corporate.disneylandparis.com/sh ... l#contentj (http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj%22%20onclick=%22window.open(this.href);return%20false;)
Just click on 'Become a Member' tab.. ;)
Thank you for the link, I'm heading to my bank this afternoon to ask them!!
Fingers crossed!
x
I have decided to join the shareholders club! :D i called Halifax yesterday and they said I need to add the share dealing account to my products online then deposit £100.
Does anybody know if I can then use that £100 to buy my 20 shares and pay the fee or does it have to stay there for a certain amount of time?
I can't wait to own a tiny little piece of Disney. (and get those lovely discounts)
You can buy your shares as soon as the money has cleared into your account. You can then transfer any left over money out.
Once you have bought your shares phone them and ask for proof of ownership and they will organise this for you. They sent me a letter that I sent on with my application. Hope this helps.
I took advantage of a free trading deal they had on so it might be worth waiting to see if they have any offers going.
Hi everyone, I just wanted to ask a few questions regarding Halifax sharedeeling account,
which one do you use? the regular or the ISA?
how long does it take to set up? how soon can I buy the shares (with a cash deposit)?
how long does it take to set up internet banking?
do I have to open a current account along side it?
how easy is it to transfer shares into the account? is it easier to do when the account is first opened? or can it be done just as easily at a later date?
are there any fees for holding your shares?
do Halifax take commission when/if you sell your shares?
do I always have to have £100/worth of shares in the account?
thanks in advance :)
I'm already a Halifax customer and I'm giving this some serious though.
Can someone please advise though how much would it cost me to purchase 20 Eurodisney shares? And is there any kind of fees payable to the Halifax for doing this?
Thanks
I've recently bought 21 shares through Halifax. It cost me about £85, which included a fee of I think about £12 which Halifax charge. It obviously changes depending on the share value for that day.
However I would highly recommend it if you are planning on visiting a few times in the next few years. I've just got back and probably saved around 50 euros on one trip.
Quote from: "jclaydon"I've recently bought 21 shares through Halifax. It cost me about £85, which included a fee of I think about £12 which Halifax charge. It obviously changes depending on the share value for that day.
However I would highly recommend it if you are planning on visiting a few times in the next few years. I've just got back and probably saved around 50 euros on one trip.
That sounds like a good saving then :thumbs:
I bought shares 3 weeks ago and had an email from the members club to say my shareholders card has been processed and i should receive it in the next few weeks. Do you know how long this usually takes? Its been just over 2 weeks since the email so should i email them to see where it is or wait a while longer?
Thanks, Kelly
Not sure to be honest, I'm still waiting for my card. I contacted the Shareholders club and managed to get a temporary letter of ownership to use on recent trip, as I knew the card wouldn't arrive in time, but had no problem with any of the restaurants or shops accepting this.
I think they say it can take up to 6 weeks for the card to arrive.
I got the email confirming my membership 10 days ago, but not going until November so I know I will get my card in time. Can't wait to use it in the Disney store when it arrives, and then to feel even more that I am part of the magic on my trip :D
Might choose a lightbulb or a brick when I'm there as "my bit of Disney"....
I've decided to buy shares in EDL and join the shareholders club ready for my upcoming trip in December. I currently bank with the Co-Op who don't have a share dealing account so am going to open one with Halifax. Once the account is open I assume it's a simple matter of buying the shares online and then applying for the shareholders club via the DLP corporate website? Last thing, does anyone know what price EDL shares are currently trading at?
Thanks
DD
Hi, I bank with the coop as well so I went down the same road as you are planning!
As soon as you deposit £100 in the account and get your permanent password from them you just log on to International dealing and type in Eurodisney sca and it will ask you how many shares you want, then click buy and you will be a shareholder! then you print out the application form from the shareholders club website and send it back with a printed copy or proof of ownership from the Halifax website. Share price at close of business 10/09/2010 was 4.22 euros.
Quote from: "captain rocket"Hi, I bank with the coop as well so I went down the same road as you are planning!
As soon as you deposit £100 in the account and get your permanent password from them you just log on to International dealing and type in Eurodisney sca and it will ask you how many shares you want, then click buy and you will be a shareholder! then you print out the application form from the shareholders club website and send it back with a printed copy or proof of ownership from the Halifax website. Share price at close of business 10/09/2010 was 4.22 euros.
Be careful if you are printing from the Halifax website, I noticed it said on the Disney website that digital copies will not be accepted. I phoned Halifax and requested an official contract note, which arrived 2 days later/
Yes, I read that on their web site, but I submitted the copy and received my membership number three days later by email! Still waiting for my membership card though!
Quote from: "captain rocket"Yes, I read that on their web site, but I submitted the copy and received my membership number three days later by email! Still waiting for my membership card though!
I done the same, i am still waiting for my membership card too! I got my membership details by email on 12th August and have had nothing yet, when was yours? Have you emailed to see where it is or are you just going to wait a while?
Kelly x
Hi Kelly, I had my acknowledgement in the middle of August, as my next visit is not until Oct 31st I am in no panic for the pass yet! I believe they take up to six weeks to process everything.
Quote from: "captain rocket"Hi Kelly, I had my acknowledgement in the middle of August, as my next visit is not until Oct 31st I am in no panic for the pass yet! I believe they take up to six weeks to process everything.
Hiya, thanks for that, no need to panic yet then! We are going on 22nd Oct so will hopefully be sorted before then! Thanks for putting my mind at ease,
Kelly x
Quote from: "captain rocket"Hi Kelly, I had my acknowledgement in the middle of August, as my next visit is not until Oct 31st I am in no panic for the pass yet! I believe they take up to six weeks to process everything.
I got my card today :D/ Cant wait to use it now :D
Hey Kelly, ignore my pm just read your post.See you in the clubhouse!
Quote from: "captain rocket"Hey Kelly, ignore my pm just read your post.See you in the clubhouse!
How funny we both got it on the same day :D Looking forward to going to Salon Mickey in October :thumbs:
There is nothing like your first visit to Salon Mickey,take your time get a coffee and something to eat and sink in the sofas.
Enjoy yourselves :-))
Thanks for your good wishes, roll on 30th October!!
I'll be visiting for the first time next wk and I really can't wait I hope that I'm allowed and get my discounts ok with a temp letter from what I can tell it won't be a problem.
Well I am back and had my first visits to Salon Mickey. A haven of peace and quiet at a hectic time! Wish I had bought my shares earlier and had been enjoying this facility for the last 17 years I have been visiting! Highly recommended
i really dont get it :oops: how exactly do you buy shares? and.... how many do you have to have to be able to use salon mickey?...
To buy shares you need to talk to your bank or building society. I found the easiest way to do it was by setting up a shareholders account with Halifax, I could then buy the shares easily online (have a look on the Halifax website for details).
In order to visit Salon Mickey you must be a member of the shareholders club, this is free to anyone who holds more than 20 shares, you also get discounts at the restaurants / shops (15%) in DLRP as well as in Disney Stores in the UK (10%), all the details are here:
http://corporate.disneylandparis.com/sh ... l#contentj (http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj%22%20onclick=%22window.open(this.href);return%20false;)
Couldn't recommend it enough, I became a shareholder in August last year, and with just one visit, and much Christmas shopping have probably got back my investment in savings.
Hi, Swipatron.
Buying shares can seem rather intimidating at first, however it really is no harder than buying anyother product or service.
The terminology can be difficult to understand if (like me) you are confused by jargon.
You need a minimum of 6 shares to join the Shareholders Club and thus be entitled to the discounts, however you will have to pay a membership fee of €30 every 2 years.
21 shares will give full membership and no fees.
All you need to do is find a stockbroker. Your own bank will be able to help you. Phone your bank and explain that you wish to buy some shares. They will put you through to the dealers who will open an account for you. Tell the dealer:
1) you wish to buy shares in EuroDisney SCA
2) EuroDisney SCA trade on the Euronext Paris market, Eurolist Segment B MidCaps Index 250
3) Inform him that it is not for investment but merely to enable you to join the company's shareholder discount club.
The dealer will talk you through what happens next and may give recommendations.
The dealer will give you the share price and how much commission the bank charges. You pay by payment card over the phone. You need to be over 18 and provide your personal details.
Hope this helps!
thanks for the help, im over 18 so i shouldnt have any troubble buying them =] so i think i may just look into it a little deeper =]
And just to add to Ford Prefect's list.....
You then need to complete the application form and send it to the Shareholders Club and they'll send you the card in around 6 weeks or so.
Full details are here: http://corporate.disneylandparis.com/sh ... l#contentj (http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj%22%20onclick=%22window.open(this.href);return%20false;)
Hello,
could someone confirm if its 20 shares or 21 shares that i would need to purchase so i do not have to pay the additional fees to join? have checked through a couple of pages and a couple said 20 and a couple said 21?
Thanks
If you have 21 you dont pay the 2 yearly membership fee x
OK thats great Thankyou for the quick response and information
I am thinking about buying shares before our visit in July, but before I do can I ask a couple of questions.
Does the restaurant discount include restaurants in the village or just in the park? Is the coffee in Salon Mickey complimentary or the same price as Starbucks.
Thanks in advance.
The discount applies to the Disney restaurants such as Annettes, cafe Mickey, and Bufalo Bills but not Planet Hollywood,Rainforest Cafe Starbucks and mc Donalds as far as I know. The coffee,hot chocolate etc is free, but is only machine drinks similar to those at Breakfast in the Disney hotels and not really comparable to Starbucks! there are also free snacks such as croissants and chocolate chip cookies. If you decide to buy the shares enjoy Salon Mickey,it really is a haven from the busy park.
Thank you for your reply. Choc chip cookies and croissants are good enough for me I will be investing in shares this week.
Oh for goodness sake, I decide to buy shares and the price has gone up so now I have to wait and see if they come down again. My timing is rubbish :x
Could you tell me how much it is now to buy them? Thanks
Quote from: "MissDisneyisMagical"Could you tell me how much it is now to buy them? Thanks
Shares at closing today were E6.46. They were E4.39 when I decided I was going to buy them, I think they have gone up as the quarterly report was better than expected.
Could you tell me where to look so i can keep an eye on prices was going to buy them as well! Thanks
Completely new to shares and stuff
Can someone explain how they give a profit
Miss Disney, just type Eurodisney shares into a search engine like Google and you will get a choice of sites offering the latest price.
Peter, Most people on the forum don't buy shares to get a dividend, but to get discounts off restaurants,shops and hotels and to use the private facilities of Salon Mickey at the park.
Noticed the recent and very sudden ~ 100% increase the Euro Disney SCA shares made? They are at 9.04 EUR now, after being at ~4.x EUR for a long time. Anyone knows what happened? Surely it was not the moderate 8% revenues rise published fpr the first quarter?
Quote from: "Nicolai"Noticed the recent and very sudden ~ 100% increase the Euro Disney SCA shares made? They are at 9.04 EUR now, after being at ~4.x EUR for a long time. Anyone knows what happened? Surely it was not the moderate 8% revenues rise published fpr the first quarter?
I'm also wondering what happened. DLRP's revenue wasn't bad, but that can't be the reason for the increase. Maybe there is something going on behind the curtains?
Hi everybody
Here is the site I use to look at the Disney shares (and other shares too)
EuroDisney Shares quotes (//http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=&ac=&csi=25188)
:D
Hi,
I opened an account so have the money sitting to buy shares but its taking its time to fall again lol typical - but I think around april - may we may have a fall if you look at the trends its all speculation tho lol.
As per usual as soon as I had opened an account the shares went up from 5.55 to around 8-9.00 lol
I am hoping to buy the 20 shares as its a good discount they give on shops and being a pin collector well it would be great lol!!!
Scrump
Don't remember where on the forum I read it, but didn't DLP being investigated due to the 100% increase in shares?
Does anyone know how the progress is?
I was wondering the same as I am still waiting to buy :)
They shot up to 9.22 euros today mmm it seems to be creeping up I d like to know what is going on lol
Same here, just waiting for the price to drop. If it doesn't I'll have to buy the minimum amount and pay the membership instead.
Quote from: "scrumpman"I was wondering the same as I am still waiting to buy :)
They shot up to 9.22 euros today mmm it seems to be creeping up I d like to know what is going on lol
Quote from: "MrsPirate"Same here, just waiting for the price to drop. If it doesn't I'll have to buy the minimum amount and pay the membership instead.
I don't think the price will drop greatly anytime soon. I got 20 New Shares in June 2009 for £3.37 per share and since then it hasn't dropped anywhere near. Now £7.88, which means I currently have a profit of £90.18 on my original £67.00 purchase, showing the share price up by 133.79%. I was after buying some more but it looks like I'll have to wait a good while for now.. :roll:
Look at the recent trends.. :|
(//http://images55.fotki.com/v119/photos/1/1220156/5421277/chart_image-vi.png)
I'm not really an expert on how the stock market works. Could someone explain what changes share prices? :)
Quote from: "Javey74"Quote from: "scrumpman"I was wondering the same as I am still waiting to buy :)
They shot up to 9.22 euros today mmm it seems to be creeping up I d like to know what is going on lol
Quote from: "MrsPirate"Same here, just waiting for the price to drop. If it doesn't I'll have to buy the minimum amount and pay the membership instead.
I don't think the price will drop greatly anytime soon. I got 20 New Shares in June 2009 for £3.37 per share and since then it hasn't dropped anywhere near. Now £7.88, which means I currently have a profit of £90.18 on my original £67.00 purchase, showing the share price up by 133.79%. I was after buying some more but it looks like I'll have to wait a good while for now.. :roll:
Look at the recent trends.. :|
(//http://images55.fotki.com/v119/photos/1/1220156/5421277/chart_image-vi.png)
Nice return for you. If I had bought them when I originally planned at around 4.49 I would probably have sold them anyway when they hit 10 Euros.
Ideally I don't want to pay any more than the high 6's but just don't think it will drop that low again. I would love to know what has caused this sharp increase as there is nothing obvious.
Interesting reading in today's Guardian.
http://www.guardian.co.uk/business/2011 ... provements (http://www.guardian.co.uk/business/2011/apr/10/euro-disney-seeks-investment-for-improvements%22%20onclick=%22window.open(this.href);return%20false;)
Quote from: "Handy Andy"Interesting reading in today's Guardian.
http://www.guardian.co.uk/business/2011 ... provements (http://www.guardian.co.uk/business/2011/apr/10/euro-disney-seeks-investment-for-improvements%22%20onclick=%22window.open(this.href);return%20false;)
Interesting reading...
Thanks for the article. Indeed very interesting.
I'm curious how the cash increase turns out. I wouldn't expect any money from TWDC, because they are clearly not very interested in DLRP anymore. Their eye is on Shanghai, and HKDL and ED SCA are left alone and shouldn't count on license supplier.
DLRP will not draw in more visitors with these ugly photolocations in WDS. In 1995 it was SM that halped to make money for the first time and in 2008 it was TOT that contributed to the record attendance. History clearly shows that it needs something big like Ratatouille or at least an update like Star Tours II to bring more people to the resort. And of course more advertising in the huge German market.
That article to me seemed rather biased. It is a little concerning to hear of an investigation into the share price increase but hopefully that turns out to be nothing. Such a shame that our beautiful resort is suffering due to the massive amount of debt...but other than 'someone' paying off all the debt this will be a long term issue for the resort...made worse by the recent article...I even had a friend asking me today if they should book for June or did I think the place would go bust before then *sigh*
It's the same old story and it's been going on for 19 years, EuroDisney and debt. At the moment things are OK-ish, but it's been a lot worse in the past. I notice Disney aren't offering 40% off at the moment, so maybe things are picking up and more people are going, it's a good sign if Disney can put their prices up. I remember when DLP opened in 1992, some people thought it was going down the drain then, it lost so much money.
If TWDC own 39.8% OF DLP, could they pull out totally and if so what would happen to the licensing of Disney Products around the park.. :|
One other thing I've often wondered, and that is whose idea was it to build a park in Europe to begin with, since if it was Disney's surely they would have had a higher share rate in it, I suppose the founder members of Euro Disney S.C.A might give a clue.. :?
I know Disneyland Tokyo is in the same barrel as DLP, but I'm not sure what the share precentage is, unless someone can enlighten me.. :-k
Also Disneyland Hong Kong is a joint venture between the Walt Disney Company and the government of Hong Kong, again not sure about the share structure of this.. :-k
Disneyland Shanghai to open in 2010 is also a joint venture between the Walt Disney Company and the government of China, again I'm not sure about what the share structure of this one will be either.. :-k
Seems to me that the safest none withdrawl bets are to focus on Disneyland Anaheim and WDW which are soley owned by TWDC.. :roll: Though buying shares here would encompass everything Disney owns which comes at present to around $41.00 per share.. :shock:
Can anyone tell me the current share prices of all the different operational parks. Just to see how they all compare.. :-k
QuoteIf TWDC own 39.8% OF DLP, could they pull out totally and if so what would happen to the licensing of Disney Products around the park.
I think I read somewhere that Disney can't pull out totally without closing the resort. If they pull out and find a solution to keep the resort opened, then I can imagine it would be similar to TDR.
QuoteOne other thing I've often wondered, and that is whose idea was it to build a park in Europe to begin with, since if it was Disney's surely they would have had a higher share rate in it, I suppose the founder members of Euro Disney S.C.A might give a clue.
TWDC owned 49% of ED SCA until the financial agreement with Prince Alwaleed and the banks. TWDC sold 10% of the ED SCA share to Prince Alwaleed.
QuoteI know Disneyland Tokyo is in the same barrel as DLP, but I'm not sure what the share precentage is, unless someone can enlighten me.
Tokyo Disney Resort isn't owned by TWDC. Oriental Land Company owns and runs the resort and pays a licencing fee to TWDC. In return they provide the Imagineers. TWDC also gets 10% of the tickets and 5% of food and merchandise sold.
QuoteAlso Disneyland Hong Kong is a joint venture between the Walt Disney Company and the government of Hong Kong, again not sure about the share structure of this.
TWDC owns 43% and the government of Hong Kong owns 57%. Although that ownership structure changed a bit, because of the current investments in new attractions, but the government still owns the majority.
QuoteDisneyland Shanghai to open in 2010 is also a joint venture between the Walt Disney Company and the government of China, again I'm not sure about what the share structure of this one will be either
From the SHDL fact sheet:The Walt Disney Company and Shanghai Shendi Group have joined together to invest in Shanghai Disney Resort. As part of the agreement, two new owner companies will be formed with Shanghai Shendi Group holding 57% of the shares and Disney holding the remaining 43% of shares.
As part of the agreement, a joint venture management company will be formed with Disney having a 70% stake and Shanghai Shendi Group having a 30% stake.
You can compare that with DLRP. TWDC holds 39.8% of the holding company ED SCA and has a 51% stake in the operation company Euro Disney Associes SCA.
QuoteCan anyone tell me the current share prices of all the different operational parks. Just to see how they all compare.. :-k
You can't purchase shares of other Disney parks, except DLRP. DL Anaheim and WDW are owned by TWDC, HKDL, SHDL aren't traded on stock exchanges. TDR is owned by OLC.
Thanks for that detailed info dagobert.. :thumbs:
I read somewhere that buying Disney Company shares buys you just about a share into everything they own, but I didn't realised it did not encompass their own parks [Disneyland Anaheim and WDW]. I did realise that you cannot just buy park shares for these particular two parks on their own.. :o
I'm still puzzled why Disney would not want to own the the majority share on everything Disney related, that way they can do what they want with it. Selling off enough shares to drop into the non majority bracket would most likely hinder them on their plans if they wanted to push forward with something that the majority didn't.. :?
Quote from: "Javey74"I read somewhere that buying Disney Company shares buys you just about a share into everything they own, but I didn't realised it did not encompass their own parks [Disneyland Anaheim and WDW]. I did realise that you cannot just buy park shares for these particular two parks on their own.. :o
I'm still puzzled why Disney would not want to own the the majority share on everything Disney related, that way they can do what they want with it. Selling off enough shares to drop into the non majority bracket would most likely hinder them on their plans if they wanted to push forward with something that the majority didn't.. :?
I'm not sure on that, but I think the reason why TWDC doesn't own the majority of ED SCA, is because the French Government provided the land and I think I read somewhere that at that time is wan't allowed by French law for international companies to own more than 50% of a company in France. TWDC doesn't have to fund the resorts on their own. But TWDC has a 51% legal share in DLRP, which means that Disney still has the last word although the banks are heavily involved due to the debts.
It's really time that ED SCA eliminates the debt so that the banks doesn't have to approve every new attraction. Disney isn't in charge in their own company.
Hi,
I purchased 20 shares last year. I did this through Halifax share dealings. All in 20 shares last yr, cost me £84, however I believe the share value has doubled since then. My advice would be to contact Halifax share dealing, info available online.
If you get a minimum of 20, you do not have to pay any admin fees or renewal fees!!!
Then you get all of the little extras, like using Salon Mickey for a coffee and a snack between 9-12am, discounts in boutiques and invitations to special events!!! It's great!!
Nathan :lol:
It would be great to have a page on here/DLRP Magic to set out all of the benefits of becoming a shareholder and the costs involved. I would expect a lot of members would become shareholders if the benefits outweigh the costs, which they may well do for a lot of people.
I have considered it myself, but it is a rather complicated area with the need to reach a certain number of shares to become a member of the Shareholder's Club etc.
All the information you need is on the DLRP website! Basically if you hold between 5 and 20 shares you can join the Shareholders club for a fee of 30 euros for two years, if you hold 21+ shares there is no fee to pay. I would'nt be without my membership! the use of Salon Mickey alone is worth buying the shares.
I finally gave up waiting for the share price to drop and bought my shares today.
I am now a shareholder :D/
Quote from: "captain rocket"All the information you need is on the DLRP website! Basically if you hold between 5 and 20 shares you can join the Shareholders club for a fee of 30 euros for two years, if you hold 21+ shares there is no fee to pay. I would'nt be without my membership! the use of Salon Mickey alone is worth buying the shares.
You need a minimum of 20 for the Shareholders Club with no fee.. :)
Hi,
I gave in a few weeks ago and am waiting for my card can t wait :)
Also I am glad I did as when I checked the shares have just went up a few euros so profit already lol
I am really just wanting them for all the goodies lol Salon Mickey here we come!!!
Scrumpman
shares have dropped to €8.34 on digital something or other site hopefully will drop further so i can buy my shares!
Hi,
Just got my shareholders card and a email about a preview of "cars 2" in french at the cinema in france lol nice :)
I will use my discount this weekend on pins lol yipppeee
Well worth the wait as I know I will get the worth me being a pin collector and going to the park this year!!! ohhh and salon mickey!!!!
Halifax was easy to set up with share dealing online very quick!!
Brant
Hello,
i went to my bank lloystsb and asked about purchasing shares they offered me two accounts even a nominee share dealing or an isa sharedealing account neither of them cost to open but they charge either £6 or £8 per quarter plus vat plus commision is that normal?? Also i have seen this site called self trade that sell the shares and you pay something like £12 to get the shares plus obviously the cost of the shares but no further payments anyone used them?
Any info would be great cause im confused!
Thanks
Quote from: "MissDisneyisMagical"Hello,
i went to my bank lloystsb and asked about purchasing shares they offered me two accounts even a nominee share dealing or an isa sharedealing account neither of them cost to open but they charge either £6 or £8 per quarter plus vat plus commision is that normal?? Also i have seen this site called self trade that sell the shares and you pay something like £12 to get the shares plus obviously the cost of the shares but no further payments anyone used them?
Any info would be great cause im confused!
Thanks
I bought my shares on-line at Halifax a couple of months ago. If I remember correctly there was the choice of two accounts, both of which were free to open with no quarterly fee. There is obviously commission to pay when you buy the shares and the cost of the shares themselves and an initial deposit to open the account, I think it was £100.
Hope that helps x
Thanks ill try halifax!
Hello,
have purchased a share account through halifax looking to get my shares as soon as! checked the euro sca section on the disneyland paris site and it says i need a paper certificate i cant just print one off the internet account, does halifax do that?
Thanks
It's amazing the amount of money people will spend, just to claim a free croissant and hot drink!
Don't underestimate the feeling of smugness as you bypass the queues and enter the park via Salon Mickey ;)
Works out pretty well when you take into account all the discounts in the park and at Disney Stores back home, especially as it's only a one off payment if you buy 20 or more shares. I've had mine since 2006 and saved way more than the £120 I paid from discounts at DLP restaurants and on merchandise. Also, with a 3 year old boy the 10% discount at Disney Store comes in very handy around Christmas time.
Plus, did I mention Salon Mickey? ;) I love that place =- especially nice to relax in on a cold day or contrasty when it's hot and the park is crowded.
Quote from: "MissDisneyisMagical"Hello,
have purchased a share account through halifax looking to get my shares as soon as! checked the euro sca section on the disneyland paris site and it says i need a paper certificate i cant just print one off the internet account, does halifax do that?
Thanks
Have you bought the shares yet or just opened the account?
you will have a contract note on your online account with the Halifax once you have purchased your shares. The contract note is all you need - and you can print that off for the shareholders club application.
I'm also a shareholder - as we buy annual passes too our shares have paid for themselves easily, in discounts etc, in 2 short trips to DLP (2plus years ago). So the shareholders discounts in the following 2 trips (and one upcoming) are pure profit.
Elaine
Thanks very much for the replies.
i have just got the share account planning on buying the shares either this week or next when i have a free min to work out how to do it :)
oooh thats good to make a profit already do you normally stay on site with your annual passes?
Thanks
Im interested in buying shares for two reasons, one because .... well its disney and in the long run i dont think i can lose that much yet can gain more!
nd the discounts, personally i think 10 and 15% is a lot and im all for it, the salon mickey sounds good also, but i wanted to ask, if i went to salon mickey with my partner, would she get in also? or does she need her own shares?!
Quote from: "MissDisneyisMagical"Thanks very much for the replies.
i have just got the share account planning on buying the shares either this week or next when i have a free min to work out how to do it :)
oooh thats good to make a profit already do you normally stay on site with your annual passes?
Thanks
it depends what offer is best really - but usually no, we stay offsite if all our annual passes are current.
Elaine
Quote from: "mikads"Im interested in buying shares for two reasons, one because .... well its disney and in the long run i dont think i can lose that much yet can gain more!
nd the discounts, personally i think 10 and 15% is a lot and im all for it, the salon mickey sounds good also, but i wanted to ask, if i went to salon mickey with my partner, would she get in also? or does she need her own shares?!
a shareholder can take up to 3 guests in with them to Salon Mickey (up to 4 if they are immediate family).
Elaine
thanks very much looking forward to salon mickey
So whoever got the shares through halifax, i bank with them so will prob be my best bet, but could you tell me exactly how much it cost you for your shares please?! Thanks x
Share price is around €5.5 at the moment... So around £100 for the 20 shares.
I bought my shares yesterday via Halifax Share dealing online. Straight forward to use. If you havent already, register online now, just in case it takes a couple of days for your temporary password to come through.
Halifax usually charge £17.50 - its on a foreign market, so more expensive than UK shares to buy. However, for the Rugby World Cup they have a special promotion and the fee is reduced to £5 on FRIDAYs. So it makes sense to regster now and buy next week. ( unless the share price shoots up... Which seems improbable!)
G.
Hey evryone, havent bought my shares yet although i can see the share price has gone done even further (yey).
i opened my halifax account with £120.00 i wasnt sure how much the shares price would be, but in the account it says there isn't any funds available to deal with, am i doing something wrong?
also when i hit the deal button it keeps coming up with errors on the page so its not loading properly?
i've also checked my bank account and the money hasnt come out either, so im a bit confused as to how the account is live and active? any help appreciated
wel i contacted halifax about the money seems they forgot to request the money!!
Quote from: "MissDisneyisMagical"wel i contacted halifax about the money seems they forgot to request the money!!
No wonder you were confused.
Now is a really good time to buy shares, the price is almost 5e cheaper than when I bought mine but still worth the money just to visit Salon Mickey.
No wonder you were confused.
Now is a really good time to buy shares, the price is almost 5e cheaper than when I bought mine but still worth the money just to visit Salon Mickey.[/quote]
just waiting for tomorrow when the commission is good and then ill be halfway there to salon mickey its nice being part of a special club!
Joining the Shareholders Club is definitely not worth it, simply to get into Salon Mickey. Sure, it's nice to get free hot drinks and free pastries, but what you're paying to be a Shareholder is way more than the value of those treats. So save your money, and take it to the Cable Car Bake Shop instead.
The administration fee for being a member of the Shareholders Club is €30 every 2 years. So that's €15 a year, which pays for quite a few items in the Cable Car Bake Shop.
That said, if you visit Disneyland Paris multiples times per year, then yes, access to Salon Mickey does save you money.
I don't agree with Alan, the benefits of the shareholders club are not just Salon Mickey. Salon Mickey is a nice bonus, but the best reason for buying shares is the discounts available to shareholders. 20 per cent in shops 15 per cent in restaurants and. I think 10 per cent off annual passports. It would'nt take many visits to pay for the shares, then you are in profit! and you still get to use Salon Mickey every visit.
@captain rocket
Good point. I was just commenting on people that buy shares and pay to join the Shareholders Club, solely to get into Salon Mickey.
Actually, what's the cheapest way of getting Disneyland Paris shares? I mean, how little do you need to invest in order to be eligible to join the Shareholders Club?
Quote from: "Alan"Joining the Shareholders Club is definitely not worth it, simply to get into Salon Mickey. Sure, it's nice to get free hot drinks and free pastries, but what you're paying to be a Shareholder is way more than the value of those treats. So save your money, and take it to the Cable Car Bake Shop instead.
The administration fee for being a member of the Shareholders Club is €30 every 2 years. So that's €15 a year, which pays for quite a few items in the Cable Car Bake Shop.
That said, if you visit Disneyland Paris multiples times per year, then yes, access to Salon Mickey does save you money.
It was a tongue in cheek comment. Yes access to Salon Mickey is nice but the money we have saved in discounts in the parks and at the Disney store back home mean the shares have more than paid for themselves already.
Quote from: "Alan"@captain rocket
Good point. I was just commenting on people that buy shares and pay to join the Shareholders Club, solely to get into Salon Mickey.
Actually, what's the cheapest way of getting Disneyland Paris shares? I mean, how little do you need to invest in order to be eligible to join the Shareholders Club?
shares are just over 4 euros each at the moment. If you buy 5, this is the minimum requirement to join the shareholders club (and you do pay the 30 euro admin fee every 2 years). However, if you buy 20 or more shares, you do not have to pay any admin fee at all to join the shareholders club.
if you buy them at the right time, shares can pay for themselves in one trip - so even if you only use them for 2 years (the minimum time you join the shareholders club for) and visit dlp once a year, you'd have made your money back in discounts. And of course, you can always sell your shares again when you no longer want/need them.
Elaine
So, if someone spent £80 to buy 20 shares of Euro Disney, they'd have free access to the Shareholders Club, without having to pay the administration fee every 2 years... right? And how long would that last for? I mean, would they then get unlimited access to Salon Mickey forever until they change the rules?
just bought 24 shares!!
Quote from: "MissDisneyisMagical"just bought 24 shares!!
Yay, welcome to the club :D/
Quote from: "Alan"So, if someone spent £80 to buy 20 shares of Euro Disney, they'd have free access to the Shareholders Club, without having to pay the administration fee every 2 years... right? And how long would that last for? I mean, would they then get unlimited access to Salon Mickey forever until they change the rules?
i'm not sure if you're still focussing on Salon Mickey for a reason here Alan, as others have said there are many other advantages of being in the shareholders club. But yes, with 20 shares you pay nothing else to be a member of the shareholders club, so that gives you all the club advantages for as long as you hold the shares. You have access to Salon Mickey up to 5 times every month, for you and 4 members of your family, or you and 3 friends.
Elaine
@Elaine
That actually sounds pretty cool. Like you said, you get discounts on food and merchandise, so it's not all about Salon Mickey.
Can you buy shares jointly, in two peoples' names, to spread the cost? Or do the 20 shares have to be in one person's name only?
as far as I'm aware the contract note for the shares has to be in one person's name, but you could always call the shareholders club and ask, they're very helpful and prompt with their replies in my experience.
Elaine
Quote from: "MrsPirate"Quote from: "MissDisneyisMagical"just bought 24 shares!!
Yay, welcome to the club :D/
ohhh no i think i messed up the online application on disney shareholder site!
i accidently closed the form i'd completed thinking they would email it to me but they didnt, i've emailed them, hopefully they can send me my form or something lol
also i received an email saying my contract note was ready but when i go to it on the site it says it still wants mt to change to email receipts which i've done and thats all thats on the page :?
Ok, so I have another question about the Shareholders Club.
If you're in the parks with a friend, and you have your Shareholders Club card with you, can you use it to get your friend a 15% discount on any merchandise they buy? Or can the Shareholders Club card only be used for things you buy, in your name?
You can also use your shareholders club card in the Disney store in England, we've always been able to. You can get your friend a discount if you have your card. You must be with him or her.
Right, so as long as you're there in person, with your Shareholders Club card, you can get everyone you're with discounts on merchandise?
i've only tried it for one other person, if there's ten in your group I don't know, but you can always ask.
Quote from: "Alan"Right, so as long as you're there in person, with your Shareholders Club card, you can get everyone you're with discounts on merchandise?
I've certainly done this with a party of 6, including myself. It works with merchandise and also with buffet/table service meals, as long as you're all paying on the one bill.
Elaine
All on the one bill with one person paying you can get your shareholders' discount for sure. I thought Alan might of ment separate bills.
Quote from: "Alan"Right, so as long as you're there in person, with your Shareholders Club card, you can get everyone you're with discounts on merchandise?
I guess Disney would interfere if you try to share the discount with 20 or 30 of your classmates.
On the other hand if you manage to collect your friend's money and literally buy all the stuff in your name, noone can say anything against it ;)
BTW the price for 20+ shares shouldn't be a fortune for anyone who visited DLP on a regular basis, should it?
And it pays off soon...
Best regards,
finally got my pdf form and found my contract note nearly on the way!
So, even if you have 20+ shares, you still have to apply to be in the Shareholder's Club every 2 years. Right? Membership is free, but you still need to keep on renewing it, right?
Oh, another question I just thought of. If you're already in Disneyland Park on Main Street, U.S.A., is there a way of getting back into Salon Mickey, without having to leave the park and go in through the front door? What I mean is, can you enter Salon Mickey through the exit of Salon Mickey?
You still have to renew your membership for the shareholders club every two years, yes. Membership is free with 20 + shares. And no you can't enter through the exit of Saloon Mickey. It's on the way in and a CM checks your membership card and entry ticket to the park, so you don't have to use the turnstiles.
Last time in Salon Mickey they had a satisfaction survey.
One question was for improvements. I entered that I'd have some ideas and I'd be pleased to be contacted for details. I left my e-mail address but got no response. Pure lack of interest?
Best regards,
@ed-uk said "And no you can't enter through the exit of Salon Mickey."
Is that true? So if you're already in Disneyland Park, you actually have to leave the park to get into Salon Mickey. That's not very convenient, is it?
And the free drinks and pastries in Salon Mickey, are they available all day, or only in the morning?
A limited selection of biscuits, tea, coffee and some bottled cold drinks (free of charge) are only available in the morning when you arrive at the park. It's not for shareholders use all day, and only open in the morning.
Salon Mickey is open from 9am to 12 noon each day.
One of the reasons you can't enter Salon Mickey from the exit door is because its a lounge and a wall away from where the CM sits in the reception area - so they can't hear you at the exit door.
Elaine
The point of it is members of the Shareholders Club can enter the park through Salon Mickey instead of useing the turnstiles and have a free cup of coffee and a biscuit when we arrive at the park. It's a privilge to have it. But we can't wonder in and out of Salon Mickey and help ourselves to free food and drink. I think there's a limit to how many times a month members can use it. We don't go in everyday when we're staying at DLP.
Quote from: "Alan"Is that true? So if you're already in Disneyland Park, you actually have to leave the park to get into Salon Mickey. That's not very convenient, is it?
Some people are never pleased :roll:
Right. Never pleased :-) I do think it's very inefficient though, that you have to exit the park and walk all the way around the Disneyland Hotel, simply to get into a cafe that has a door inside Main Street. It's not exactly a perk, more of an inconvenience.
Here's another question. Does Salon Mickey open at 9:00am on days when Disneyland Park opens at 10:00am? If so, that's actually quite convenient, because you can just relax and chill out in the Salon, without having to worry about all the people flooding into the park and the queues for the attractions building up.
I have always used the turnstile outside of Salon Mickey and this "inconvenience" takes about 20 seconds, you do not have to use the normal exit.
Yes, Salon Mickey is open from 9am every day, regardless of what time the park officially opens.
Elaine
When we've been to Salon Mickey we go in through the entrance and a CM checks our shareholders Club Cards and entrance tickets to the park. We stop to have a drink and a biscuit and when we're ready to leave a CM returns our cards and tickets to us and lets us out through the exit door into the park. So you don't need to use the turnstiles because the tickets have already been checked. Salon Mickey is a small lounge with five tables not Cable Car Bake Shop and we shouldn't think of it as such. it's a welcome to the park for shareholders when they arrive,
Quote from: "Alan"Does Salon Mickey open at 9:00am on days when Disneyland Park opens at 10:00am?
Please keep in mind that there are "magic hours" for the guests of most (all?) Disney hotels. So in fact the park accepts the first visitors from 8am on.
I'm not sure, because I never paid attention, but I think you can leave Salon Mickey into the park also before 10am.
Alan, I have a question regarding reentering Salon Mickey: Do you really intend to go back to Salon Mickey once you are in the park?
Hitting Salon Mickey - going to let's say Big Thunder Mountain - hitting Salon Mickey again - going to let's say Space Mountan - hitting Salon Mickey again - going to let's say Peter Pan - hitting Salon Mickey again...All this walking seems inconvenient to me, not the slight detour through the turnstiles (the ones directly attached to Salon Mickey). Or maybe I didn't get your point at all.
Best regards,
@Farbauti
Right, so if you go into Salon Mickey at 9:00am, but the park has already been open for Extra Magic Hours since 8:00am, then really you're wasting your time being in Salon Mickey. As we all know, the attractions always have the shortest lines early in the morning. So it seems a bit silly to be sitting around relaxing, taking a tea break, at the ideal time of day for going on rides. What's the point in getting up that early on a holiday, if you're not going to take advantage of it?
I wouldn't go into Salon Mickey twice in the same day. But I would go back into Salon Mickey once I'm in Disneyland Park if it wasn't only open in the morning. If it was open in the afternoon instead of the morning, at the busiest time of day when all the rides have really long queues, it would be a great place to take a break and relax.
I actually prefer not to be queueing for the EMH rides in the hour between 9am and 10am, because its busier then. So if I'm staying onsite, I'll get up and get to the park for 8am, do an hour of rides with no/very little queueing, then go to Salon Mickey (if I haven't got a breakfast in the park sorted out). I'll have a breakfast croissant and/or cookie and a coffee in Salon Mickey, then either head back into the main park for my preferred ropedrop area, or leave the park altogether and go to the Studios for when it opens just after 9.30am.
Alan if you don't think you'd use Salon Mickey because its an inconvenience or the opening hours don't suit you, of course thats fine. As has been said before Salon Mickey is only a small part of shareholders perks.
Elaine
We've never left the park to go to Salon Mickey. We go in when we arrive and enter the park through Salon Mickey, and when we stay at DLP we don't go in everyday.
@Elaine
I like your idea. Yes, I think if I were a member of the Shareholder's Club I'd skip breakfast, head into Disneyland Park at 9:00am, spend a couple of hours enjoying the rides while the queues are small-ish, and then leave Disneyland Park to head back into Salon Mickey at 11:00am for "breakfast". That's quite a good strategy. Obviously getting into the park at 8:00am would be better, in terms of the queues being shorter, but that's too early for me :-)
Right, Salon Mickey is only a small part of the Shareholder's Club perks. But I think it's the most exciting perk, because it's an exclusive experience that no other guest (unless they're a Shareholder) is going to get.
Quote from: "Alan"Right, Salon Mickey is only a small part of the Shareholder's Club perks. But I think it's the most exciting perk, because it's an exclusive experience that no other guest (unless they're a Shareholder) is going to get.
you're right there, its a lovely feeling knocking on that special door in the morning :) .
Elaine
Finally got my shareholder card through can't wait to use it!
I would like to inform you that a new assocation for shareholders has been created:
APPAED or Association des Petits Porteurs d'Actions EuroDisney (EuroDisney Shareholders Association) has been created in September 2011, thanks to a few shareholders.
The idea to create an association came naturally to them following vibrant exchanges on Disney fans forums and concerning minority shareholders power.
The goal of APPAED is to gather a maximum number of shareholders to allow them to be heard from EuroDisney SCA and all French or foreign groups and holdings related to it.
EuroDisney SCA shareholders - who have been waiting for stock dividends for 20 years - wish they had more insight on the financial managing of the company. But:
- the Supervisory Board does not share information with small shareholders and only gives sporadic and impersonal feedback on their actions during the yearly General Meeting. They never were able to address any shareholders' concerns or worries particularly about the group's debt and the lack of dividends.
- the Shareholders Club can undoubtedly offer interesting information on its website, but these come from an institutional and impersonal perspective.
APPAED thus offers to open up a direct and courteous mean of communication, while staying firm on its position towards the EDSCA Society's Board of Directors. The point is not to systematically criticize all decisions made, but to express small shareholders opinions, make their expectations known, and therefore weigh on the decision process in a useful manner.
For any details or membership requests, you can contact us at http://www.facebook.com/pages/APPAED-As ... 4941397532 (http://www.facebook.com/pages/APPAED-Association-des-Petits-Porteurs-dActions-EuroDisney/153634941397532%22%20onclick=%22window.open(this.href);return%20false;)
Edith Zemirou, President of APPAED
Bought my first Disneyland Paris shares today :)
They are really trading quite low, a good bit to gain anyway. Will need to send of for a membership card today :)
Hi All,
Finally had some spare cash today so took the plunge and opened a Halifax Share Dealing account and bought 22 shares, literally 10 mins from applying for account to having my contract note. Cant believe how easy it was. Now to get my card sorted, im hoping I can get it in time for Christmas to save me some cash in the Disney Store as no doubt I will be spending a fortune in there as usual.
Just one question though, my next trip is in Feb with a load of family, me and my wife are hoping to but a Fantasy Pass each, can we both get the 15% discount on it as we both live at the same address, any ideas?
Thanks
yes, you can buy up to 5 annual passes at the same time and get 15% discount off each annual pass with your shareholders card.
Elaine
Many Thanks Elaine, well worth the money then.
I've just noticed shareholders also get a discount in Earl of Sandwhich. Wish I had known before we went I could have saved quite a bit of money!
ON WEDNESDAY NOVEMBER 30th, TWO APPAED MEMBERS MET PHILIPPE GAS, EURO DISNEY SAS PRESIDENT.
Mark STEAD, the new Chief Financial Officer and Olivier LAMBERT, Investors Relations, were also presents.
We were welcomed warmly, and we thank Philippe GAS to have given us an hour and a half of his time.
COMMUNICATION
Philippe GAS told us that he was pleased that small Shareholders are gathering in an association which he thinks will allow better communication.
We expressed the wish of a better communication, more focused on Small shareholders, with true explanations and developed analysis on the indicators, figures, choices and the company's strategy.
We reminded him that small Shareholders are deeply interested in the Company's life and backstage.
THE SUPERVISORY BOARD
We explained why the Supervisory Board crystallizes a great deal of dissatisfactions as small Shareholders feel that the Board ignores them.
Philippe GAS told us he had understood the problem and he seemed surprised about its importance. He then confirmed that APPAED will have the possibility to meet with the President of the Supervisory Board very soon.
FINANCIAL FIGURES
Mark STEAD confirmed that the Company is healthy. We talked about investments, the 20th anniversary celebrations, the huge debt, the purchase of the fittings of the Park, relationship with the TWDC, and the Villages Nature project in which will be included an Aquatic Park.
At the end of the meeting, Philippe GAS said that we will meet again soon.
Sounds really good, got any more information on the financial side of things or the current master plans?
The Board of APPAED presents to everyone Seasons Greetings.
After the holidays, we will release the report of the meeting with the President of the Supervisory Board of Euro Disney SCA of December 20.
But already note that our demand of communication has been understood: Members of the Surpervisory Board will answer our questions during 2 Round Tables or Conferences in 2012.
Mister Jeancourt-Galignani specified that it will be easier to have a dialogue with Shareholders now that we gather in an Association
Merry Christmas and Happy New Year.
Happy New Year 2012
As I promised, you will find a complete report of the meeting with Antoine Jeancourt-Galignani, President of the Supervisory Board of Euro Disney SCA on APPAED's Facebook page.
You can read it right now.
One of our members was present at the Round Table yesterday.
It took place in the Castle Club. Were mentionned: a book ofr the 20 years,the Show Dream (more beautiful than World of Colour), revision of passports with a better distribution of advantages. Ratatouille still on stand by.
Not much questions really "shareholder".
The full report will be released as soon as possible
You can find the reference document for the next General Meeting on the corporate website
http://?corporate.disneylandparis.com/?CORP/EN/Neutral/Images/?uk-reference-document-2011.pdf
GENERAL MEETING DOCUMENTS :
For registered shareholders, the Société Générale Securities Services will sent today January 27 all the documents.
@ grand-mère donald - We are here/Nous sommes ici/Siamo qui:
viewtopic.php?f=13&t=12454 (https://forum.dlpguide.com/viewtopic.php?f=13&t=12454%22%20onclick=%22window.open(this.href);return%20false;)
You can find the documents on the site Corporate
http://corporate.disneylandparis.fr/esp ... tion.xhtml (http://corporate.disneylandparis.fr/espace-actionnaires/assemblee-generale/documentation.xhtml%22%20onclick=%22window.open(this.href);return%20false;)
Does anyone else here hold their shares with Halifax in the UK? What do you send when you need to renew your Shareholders Club card?
I've just sent off my application but they've said they can't process it as the proof of ownership of the shares was dated more than three months ago. (I sent the "Contract Note", which is exactly what I sent last time)
Quote from: "Anthony"Does anyone else here hold their shares with Halifax in the UK? What do you send when you need to renew your Shareholders Club card?
I've just sent off my application but they've said they can't process it as the proof of ownership of the shares was dated more than three months ago. (I sent the "Contract Note", which is exactly what I sent last time)
I do and I had the same problem. What you need to do is go to your Halifax Sharedealing Account, once in go to 'View a valuation of my holdings' and print off that page, just asterisk in pen (better for faxing) where it says 'Valuation as of.......' (just left in bold under the table) and the box with 'Quantity' of shares. They can then see that you still presently own the required amount of shares you stated, also displaying the current time and date.. ;)
I ended up doing this as it was only way of proving that I still currently owned shares as I stated, within the given time limit. Previously I'd done exactly the same as you which wasn't accepted. The idea was given to me after telephoning the sharedealing customer service line, explaining to them my problem, as you know your share contract notes only ever display the last time you purchased shares, no where does it have current date. Anyway, faxing it over with the all important asterisks highlighting the key areas, it was then accepted.. ;) :D
I kept a copy of what I'd done to remember for the next time.. :mrgreen:
Quote from: "Javey74"I ended up doing this as it was only way of proving that I still currently owned shares as I stated, within the given time limit. Previously I'd done exactly the same as you which wasn't accepted. The idea was given to me after telephoning the sharedealing customer service line, explaining to them my problem, as you know your share contract notes only ever display the last time you purchased shares, no where does it have current date. Anyway, faxing it over with the all important asterisks highlighting the key areas, it was then accepted.. ;) :D
Awesome, thanks so much for the help Javey! I don't know why I always leave this stuff until the last minute, I had the renewal form sitting in my desk drawer for months!
Although now I think about it, I mainly wanted the new Shareholders card to renew my annual pass with the discount (€30 ish?). But the standard 6 months free offer probably works out a better deal, effectively €100 off a Dream pass?
You're welcome, I'm pleased it wasn't just me, it's not that straight forward the second time round, I often said that sharing a problem becomes a problem solved.. :D
Thank you to all the above for sharing notes on purchasing shares; after 19 years visiting DLP I have finally purchased my first 25 shares, I don't know why I hadn't before. Well I've faxed my contract note etc to Disney and hopefully my shareholder card will arrive in time for our next visit in August, "CAN'T WAIT". My son was 7years old on our first visit, he's now 26 and still tags along when he knows we're going.
Quote from: "mickeyspal"Thank you to all the above for sharing notes on purchasing shares; after 19 years visiting DLP I have finally purchased my first 25 shares, I don't know why I hadn't before. Well I've faxed my contract note etc to Disney and hopefully my shareholder card will arrive in time for our next visit in August, "CAN'T WAIT". My son was 7years old on our first visit, he's now 26 and still tags along when he knows we're going.
Welcome to the Club!
Hello, I too! :thumbs:
I bought my first 22 shares today and can't wait to get my card now!
I sent the paperwork by mail, as I don't have a fax machine, and included a copy of everything that was needed.
I am hoping that I get my card in time for my next trip... I know the website says 6 weeks, but in everybody's experience, how long in reality does it take?
Thanks!
My card probably took about 2-3 weeks, I was surprised how quickly it came out. I hijacked the workplace fax machine but I suppose the post will only take a couple of days longer. I'm sure you will make up for the cost of the shares based on the savings from just one trip - it really is great.
I wish the shares were this cheap when I bought mine - I think I bought at around €5.50 each - but then it's an up and down market kinda thing I suppose. Hey ho, they have definitely paid for themselves already!
Enjoy your trip!
Hi, I bought my shares just recently; I received my card 5 weeks from date of faxing my contract note. :D/
It 's great! :D/ :D/
... So you need your APPAED membership: www.appaed.com (http://www.appaed.com"%20onclick="window.open(this.href);return%20false;) :thumbs:
Don't forget if you are going to visit DLP before you get your card they will give you a provisional card to use if you get in touch with them before you leave .
Hey guys, I just bought my first 20 shares thinking I had bought enough to not have to pay the 30euro admin fee. However, the DLP website is a bit ambiguous and says if you own 5-20 shares you have to pay, but 20 or more and you don't. Can anyone tell me where I stand with 20 shares? thanks
Also, has anyone used a print out of their Halifax sharedealing statement as proof of ownership rather than waiting for a certificate?
Quote from: "disney-dan"Hey guys, I just bought my first 20 shares thinking I had bought enough to not have to pay the 30euro admin fee. However, the DLP website is a bit ambiguous and says if you own 5-20 shares you have to pay, but 20 or more and you don't. Can anyone tell me where I stand with 20 shares? thanks
20 shares or more will mean not having to pay the admin fee. :thumbs:
Also, has anyone used a print out of their Halifax sharedealing statement as proof of ownership rather than waiting for a certificate?
I sent this and got a e mail back to say that they would not accept anything printed off the Halifax website and needed either a letter on headed paper or at least a Halifax stamp. I called Halifax and they send me the appropriate letter. However; I have seen some people have their print off of the Halifax website accepted??!! :?
Hhmmm..... think I might try my luck and send it. If they won't accept it then I can get a proper proof of ownership
So I've filled in the shareholders application form online, do I just need to mail the "current valuation" print out or is there any other form saying ive applied to be a member of the shareholders club that i need to fill in? Ive got an email saying that ive applied successfully online.
Thanks
after u fill in the online form and sbumit it it gives u a link at the bottom to open the form and print it out. you have to sign the form and then either mail or fax it along with your proof of ownership to the details on the form
Quote from: "disney-dan"after u fill in the online form and sbumit it it gives u a link at the bottom to open the form and print it out. you have to sign the form and then either mail or fax it along with your proof of ownership to the details on the form
Oh no, I closed the window!
Does anyone have the form as a PDF by any chance?
Hi all
i wonder if anyone can help me out im seriously confused about where i need to go and what i need to do to by Disneyland paris shares!
if anyone who's bought them recently could guide me through the process and tell me exactly what i need to do ?
id be soooooo grateful !!
Thanks !
Quote from: "Minne&Mickey92"Hi all
i wonder if anyone can help me out im seriously confused about where i need to go and what i need to do to by Disneyland paris shares!
if anyone who's bought them recently could guide me through the process and tell me exactly what i need to do ?
id be soooooo grateful !!
Thanks !
Hi, I purchased shares a couple of months ago; I already had an exisiting stocks & shares Isa account with Halifax so was already half way there.
If you don't already have a shares account then visit your bank and they will help you through the process of purchasing the required amount,they will tell you the price per share (closing price on 21/5/12 = £2.88/share) and the bank fee (this is about £15.00). Once the deal is done you will be given a contract note (this is the document you need to send to Euro Disney S.C.A. which is proof of purchase, (you need to purchase a minimum of 20 shares otherwise you will be charged a fee to join the club).If you haven't already done so go to the shareholders website and fill in the online becoming a member form,(print this off before submitting) once submitted Disney will get back to you almost immediately confirming they have received your request. Next, fax or post the required info to Euro Disney S.C.A. (this info will be on the email you receive from them)
I faxed my contract note, copy of my member form and the email from Disney just to make sure I covered all bases.
After a few days you will receive an email to confirm membership then after that the card will arrive in about 6 weeks. :donald:
Good Luck :thumbs:
Shareholders Website: http://www.corporate.disneylandparis.com (http://www.corporate.disneylandparis.com"%20onclick="window.open(this.href);return%20false;)
Just purchased another 10 new shares, making my total 30 or 3000 old shares.. :mrgreen:
Good price at the moment, though I had to pay £11.95 commission this time, back in 2009 when I got my first 20 they were commission free.. :D
During the last Round Table, a possible evolution of the Shareholders Club and its membership requirements has been mentioned. For instance two levels of membership will be proposed.
It would be great to know your point of view. So APPAED would be able to communicate what small Shareholders are expecting.
Please fill the survey on our website in the section "Enquetes"
Hey guys, how long does it generally take to get confirmation from the share holder's club that they have received you're application? I emailed them a good few days ago (maybe a bit week or more) and haven't heard anything back from them yet :/
EDIT: nvm, they just emailed me to say that it had all gone through. Just need to wait for the card to com, though I expect I have very little chance of it coming before i go on my trip on Sunday lol. Can anyone tell me how I can obtain one of the temporary cards?
I bought 30 new shares last week, and forgot to print off the form online after applying for membership, I emailed and they sent me my form as a pdf yesterday (took nearly a week for a reply), so i printed it, signed it and faxed it to them today with my purchase note from RBS. How long roughly does it take before I hear anything from them or receive anything? :) I'm not in a hurry, as my trip isn't until December, just curious :oops:
You'll get an email within after about a week, card usually within the month you apply.
Hi all , im all sorted ready to buy my shares but theres lots of different shares accounts on the Halifax website just wondered if anyone knew which one i needed to go for?
thannkksss :)
http://www.halifax.co.uk/sharedealing/o ... g-account/ (http://www.halifax.co.uk/sharedealing/our-accounts/share-dealing-account/%22%20target=%22_blank%22%20rel=%22nofollow) this one will be the simplest if your not too bothered in shares other than your DLP set.
Does anyone buy the shares as an investment or is it just for the discounts.The reason i ask is i,m going in october for a few days and then 10 of us are going for 5 nights in november,so i thought if we brought 20 shares each thats 4 adults would that save much over the 6 days,or is it better to buy the 80 shares as an investment.
I wouldn't buy the shares as an investment you could lose your money, I did many years ago and lost money on them. I was determined to hang on to them no matter what. These days most people buy shares to join the shareholders club. I'm sure another member of the forum can give you more advice on that. Obviously it's up to you how you invest your money.
Each member can take four relatives or three friends into Salon Mickey, so you won't all have to buy shares. If you have never been into Salon Mickey, you might find it difficult for all 10 of you to get in at once! I think there is seated accomodation for about 14 and there will probably be other members in at the same time as you!
Eurodisney SCA has quite terrible balance. It has more than 1,8 billion of euros of debt and in general lose money every year due to the amount of the debt. For this reason don't consider the share as an investment because probably you will lose a lot of money. So i suggest you to buy it for the discount and for the card that is quite beautiful. Maybe in the future (i fear a far far future) disneyland paris start to make money and you could earn some money. But for the next year i don't see any possibility of making money with this share.
What they really need are cheap Hotel offers at all times for shareholders etc .
Like the 75€ offer .
I usually stay off property nowadays
Has anyone got through on this number? 00 800 64 74 56 30
I keep getting through to the spoken options which are all in french and option 1 leads the lady to say "Au Revoir" and then hang up and option 2 leads to more french options but with no recognizable french numbers. Whatever I press it eventually leads to her hanging up on me.
Hi. I have been reading on another forum that you must now hold 100 shares to either become a new shareholder - with benefits or to renew existing membership. Can anyone confirm this? I have jst opened a share trading account for the purpose of buying Disney shares for the persks once our AP runs out :(
amanda
Yes, you need a hundred shares to join the shareholders club now. And that also applies to members who joined the shareholders club after 2000 and want to renew their membership.
Quote from: "amanda08"Hi. I have been reading on another forum that you must now hold 100 shares to either become a new shareholder - with benefits or to renew existing membership. Can anyone confirm this? I have jst opened a share trading account for the purpose of buying Disney shares for the persks once our AP runs out :(
amanda
Howdy
I got a email from the shareholder club today confirming that you have to have 100 shares to join the club, starting from October 1., 2012.
I think this may need to be shown under another posting to bring this news to everyones attention.
Blimey. Guess I won't be renewing my membership for a while then.
Just realise my membership had expired - was going to call the Halifax tomorrow afternoon to get them to send over a letter stating that I do own my 22 shares, so that I could do the renewal.
Guess this will hit a lot of us, but I can understand why this has occurred.
Rats....
Iain
I only recently became a shareholders club member, does anyone know how long the card is valid for??
Quote from: "disney-dan"I only recently became a shareholders club member, does anyone know how long the card is valid for??
Membership lasts for two years.
Quote from: "ed-uk"Yes, you need a hundred shares to join the shareholders club now. And that also applies to members who joined the shareholders club after 2000 and want to renew their membership.
That's new to me. I received a letter from the Club stating that current members who want to renew their membership do not have to meet the current requirement of 100 shares.
If you let your membership expire, then you will need to meet the new requirement to become eligible for membership.
So for current members who do not own 100 shares but want to remain a member it is very important to renew their membership in time (at least 2 months before expiring).
Quote from: "Savorn"Quote from: "ed-uk"Yes, you need a hundred shares to join the shareholders club now. And that also applies to members who joined the shareholders club after 2000 and want to renew their membership.
That's new to me. I received a letter from the Club stating that current members who want to renew their membership do not have to meet the current requirement of 100 shares.
If you let your membership expire, then you will need to meet the new requirement to become eligible for membership.
So for current members who do not own 100 shares but want to remain a member it is very important to renew their membership in time (at least 2 months before expiring).
" Members who joined the shareholders club before Oct. 1st 2000 and who hold a valid membership card are exempt from the membership criteria of holding 100 Euro Disney shares if they hold a minimum of 5 shares", I read in their rules. These new rules start from Oct. 1st 2012.
My interpretation of the email is the same as Ed-uk you will now need 100 shares for new membership and renewals from Monday. This will obviously affect a lot of people!
I reported the exact above on the "The Walt Disney Co. to refinance debt with 1,3 billion euros" thread below>>
viewtopic.php?p=227719#p227719 (https://forum.dlpguide.com/viewtopic.php?p=227719#p227719%22%20target=%22_blank%22%20rel=%22nofollow)
I've just sent the following email to the Shareholders Club to try and get to the bottom of what is going on, showing a few grey areas and relevent questions which are not answered, either at all, or very clearly .. :roll:
QuoteDear Sir.Madam
On reading the latest shareholders press release saying "As of 1st October 2012, any shareholder who would like to become a member or to renew its membership to the Shareholders Club, has to hold a minimum of 100 Euro Disney S.C.A. shares (ISIN code: FR0010540740) in a bearer or a registered form. Members of the Shareholders Club who joined before October 1st, 2000 and who hold a valid membership card, are exempt from this minimum shareholding".
I have the following questions:-
1. My current membership is valid until June 2013 of which I have 30 shares. Am I still valid until then?
2. What is the reasoning for taking the exemption all the way back to October 2000 and not say 2010, or even to any member prior to 1st October 2012?
3. Also there is no mention of the previous "Admin Fee" which you could pay if you did not having enough shares to still become a member if need be, has this been abolished?
4. Also I know I'm not the only one thinking this, but why the sudden change with the shares required, which fell right after the Walt Disney Company restructuring of Euro Disney S.C.A financing?
I would like to state that the original 20 new shares (2000 old) to a new requirement of 100 new shares (10,000 old) is an unbelievably huge hike for the offers available in the Shareholders Club, especially for people like myself who live in the United Kingdom who cannot use the full extent of the benefits. The main benefit I get is the 15% off merchandise in the boutiques when visiting DLP and 10% off the Disney Stores in Europe.
I look forward to your reply..............
See what comes back.. :roll:
After reading the new terms again carefully, I think Ed is right. A bit disappointing though to see them change the terms all of a sudden.
Quote from: "Savorn"After reading the new terms again carefully, I think Ed is right. A bit disappointing though to see them change the terms all of a sudden.
Yeah and considering the shares are well up in price at the moment, so even more expensive to increase your share amounts to the new allowance.. :roll:
I notice they did not decide the new share factor for the club when the shares were at a low a few months ago. I wonder if the decision was made now to increase Euro Disney S.C.A share revenue, punishing shareholders below 100 shares knowing the prices will only get higher at the moment and so cost those shareholders more, using the incentive of the shareholders club to make them buy.. I think so.. :x
I hope the above is partially or all incorrect, otherwise this amounts to extortion and blackmail.. :evil:
* I still have no info from my previous email I sent the shareholders Club. The email I sent prior got a 4 day reply, onto 6 days at present and still waiting.. :roll:
Quote from: "Javey74"Quote from: "Savorn"After reading the new terms again carefully, I think Ed is right. A bit disappointing though to see them change the terms all of a sudden.
Yeah and considering the shares are well up in price at the moment, so even more expensive to increase your share amounts to the new allowance.. :roll:
I notice they did not decide the new share factor for the club when the shares were at a low a few months ago. I wonder if the decision was made now to increase Euro Disney S.C.A share revenue, punishing shareholders below 100 shares knowing the prices will only get higher at the moment and so cost those shareholders more, using the incentive of the shareholders club to make them buy.. I think so.. :x
I hope the above is partially or all incorrect, otherwise this amounts to extortion and blackmail.. :evil:
* I still have no info from my previous email I sent the shareholders Club. The email I sent prior got a 4 day reply, onto 6 days at present and still waiting.. :roll:
i can understand people are disappointed because they've changed the rules for the first time in seven years, which the company reserve the right to do. But if they had really wanted to punish shareholders they could have increased the allowance to 200 shares to join, or closed the shareholders club down.
Over the last few years people have been able to join very cheaply when the shares fell under 2 euros for example, and many people would have joined not because they wanted to invest with EuroDisney, which is the point of buying shares in a company, but because they wanted to go into Saloon Mickey and get reductions in shops and restaurants.
When I first joined I would have needed 1000 shares to get free membership and for shareholders with 1 - 999 shares they would of paid 100FF admin fee. There was no Saloon Mickey.
There is no extortion or blackmail involved in this because nobody is being forced to sign up. It's not called a Shareholders club for nothing, and in another 5-7 years time, or less, members may need 150-200 shares to renew.
Is it worth buying shares just for the shareholders club? I'm quite happy with the discounts a dream pass gives, and can only really see Saloon Mickey as the difference. It would cost me nearly 500 GBP, to join, and then still have to pay for admission? Unless I've read it wrong, which wouldn't be a first :-)
Seems hard to me .
Been visiting DLP since day1 and only became a shareholder in 2004 and have under 100.
The only real perk is Salon Mickey ,which I usually only visit perhaps 4 times a year .
Wonder if its worth keeping the shares or just getting rid of them .
Quote from: "disney-john"Is it worth buying shares just for the shareholders club? I'm quite happy with the discounts a dream pass gives, and can only really see Saloon Mickey as the difference. It would cost me nearly 500 GBP, to join, and then still have to pay for admission? Unless I've read it wrong, which wouldn't be a first :-)
I'm sorry but you're asking the wrong question. What you should be asking yourself is do I want to invest my money with EuroDisney and become a shareholder and buy into the magic kingdom, that's what i did before the shareholders club opened. If the answer is yes, and you buy a 100 shares or more, you can join the shareholders club if you want. The shareholders club card does not pay admission into the parks.
Might be a good time to buy shares as an investment, I know they have gone up in price recently, but with the re-financing and the freedom that gives the company, could be the time the shares go up and shareholders get a dividend.
But I don't own a single share, so that me guessing, and whilst I understand you questioning my question, so to speak. I would be buying shares for the benefits shareholders club, and so can't see many extra benefit over having a dream pass
EuroDisney don't pay dividends, if that's what you mean ? Shares can go up and down in value. I'm guessing if you're happy with your Dream Pass just stick with that,
Thanks ed-uk, but the point I was getting at, and you may be able to answer as you have shares, is there any other benefits of the shareholders club other than saloon Mickey over the dream pass benefits. As a frequent visitor, maybe be good option to be a member of the shareholders club and a dream pass holder? Thanks
Well I haven't got a Dream pass so I'm not sure what your benefits are and can't compare, I just use my Shareholders club card. Off the top of my head I think it was 15% of restaurants,10% off shops, reductions on hotel rooms and you can use the card in Disney Stores Europe. But now that they've changed the rules I'll have to check.
The Dream Pass gives you 20% off in the stores and 10% in restaurants and unlimited entry - so for me I would rather have unlimited entry to the parks as opposed to the entry to Salon Mickey. I cant really see any benefit of having both :-)
How much does a Dream pass cost a year?
The shareholders Club shouldn't be compared to an annual pass, it's a club. It's a Club for people who want to buy EuroDisney shares. And with it come some reductions and entry into Saloon Mickey.
Got my last dream pass for 159 euros.
And never stay on site so, looks like a dream is the one for me....
Thanks for the info
Quote from: "ed-uk"Quote from: "Javey74"Quote from: "Savorn"After reading the new terms again carefully, I think Ed is right. A bit disappointing though to see them change the terms all of a sudden.
Yeah and considering the shares are well up in price at the moment, so even more expensive to increase your share amounts to the new allowance.. :roll:
I notice they did not decide the new share factor for the club when the shares were at a low a few months ago. I wonder if the decision was made now to increase Euro Disney S.C.A share revenue, punishing shareholders below 100 shares knowing the prices will only get higher at the moment and so cost those shareholders more, using the incentive of the shareholders club to make them buy.. I think so.. :x
I hope the above is partially or all incorrect, otherwise this amounts to extortion and blackmail.. :evil:
* I still have no info from my previous email I sent the shareholders Club. The email I sent prior got a 4 day reply, onto 6 days at present and still waiting.. :roll:
i can understand people are disappointed because they've changed the rules for the first time in seven years, which the company reserve the right to do. But if they had really wanted to punish shareholders they could have increased the allowance to 200 shares to join, or closed the shareholders club down.
Over the last few years people have been able to join very cheaply when the shares fell under 2 euros for example, and many people would have joined not because they wanted to invest with EuroDisney, which is the point of buying shares in a company, but because they wanted to go into Saloon Mickey and get reductions in shops and restaurants.
When I first joined I would have needed 1000 shares to get free membership and for shareholders with 1 - 999 shares they would of paid 100FF admin fee. There was no Saloon Mickey.
There is no extortion or blackmail involved in this because nobody is being forced to sign up. It's not called a Shareholders club for nothing, and in another 5-7 years time, or less, members may need 150-200 shares to renew.
I disagree, Why jump shares up 5 times or 500% the original requirement, just after the re-financing has happened. There are other companies I know got punished for doing things like this. Even Euro Disney S.C.A were called into question for share fixing for other purposes just a while back if you remember. As I stated in my email I only save 10% in the Disney Stores and 15% in the boutiques at DLP, and that is it nothing else, not even Salon Mickey! This being the case I wonder if it's about time they have different levels of entitlement in the Shareholders Club instead of just the one. This would make it more reasonable.. :|
As for your statement
"There is no extortion or blackmail involved in this because nobody is being forced to sign up. It's not called a Shareholders club for nothing, and in another 5-7 years time, or less, members may need 150-200 shares to renew".Again I disagree, I may have used harsh words but it can be construed that way. It is because I as a buyer committed my money into the parks with the added bonus of the shareholders club, and now having them for 4 years are being punished to buy more or else GET OUT. If shops treated customers like this, they would be closed. If I had no shares at all, as of 1st October 2012, then yes, I would have to acknowledge the new requirements. But why are current members, well other than the ones before 1st October 2000, who are allowed to own just 5 shares, and still get entry to the Shareholders Club, have to pay more to remain in one fell swoop, in my case £303.94, and thats just for an extra 70, not including commission. If thats the case they may aswell take it back to 1992 and see how many more members it would cost and upset. There was not a mention of this in there positive email I was sent as it happened. Seems strange I'm still awaiting for my email reply, they're probably checking how they word things from a legal point of view, I hope I haven't ruffled their feathers or stated something I shouldn't have, bit too close to the truth.. :roll:
Your membership to the shareholders club is for two years, and they are going to honour that so you can still use your card. And they couldn't take the new membership criteria back to 1992 because there was no shareholders club then.
Have you read the Modifications section in their rules.
Euro Disney SCA reserves the right to modify without prior notice the present general conditions and/or eligibility conditions and discounts proposed to the members of the shareholders club.
Euro Disney SCA also reserves the right to terminate shareholders club activities for any reason and at any moment.
In which case it commits to honour all reservations made up to and including the dates benefiting from a shareholders club discount.
Assuming you did read that, I don't know what point it is your' re making.
Quote from: "ed-uk"Your membership to the shareholders club is for two years, and they are going to honour that so you can still use your card. And they couldn't take the new membership criteria back to 1992 because there was no shareholders club then.
Have you read the Modifications section in their rules.
Euro Disney SCA reserves the right to modify without prior notice the present general conditions and/or eligibility conditions and discounts proposed to the members of the shareholders club.
Euro Disney SCA also reserves the right to terminate shareholders club activities for any reason and at any moment.
In which case it commits to honour all reservations made up to and including the dates benefiting from a shareholders club discount.
Assuming you did read that, I don't know what point it is your' re making.
I'm aware the Shareholders Club was established in 1995, I was using 1992 being flippant at the thought they may aswell of done if it had been possible, that would have encompassed every single possible member.. :|
Actually that second rule only states the termination of activities which is more to do with what they offer as part of the Shareholders Club, not the minimum share qualifications, that's financial. Also there's actually nothing there stating current members will be honoured if do not have 100 shares on or after 1st October 2012 until there membership expires. That is why I've also added that question into my email to ED S.C.A for confirmation. Not everything in my opinion has been asked, answered and is very grey at times in my opinion.. :roll:
Then again if you have 100 shares or over, you don't need to worry anyway, I don't think Prince Alwaleed will batter an eyelid at that news somehow with his 10% investment back in 1994 with $345 million.. :roll:
It states at the end of the Modification section.
"in which case it commits (EuroDisney ) to honour all reservations made up to and incluing the dates benefiting from a shareholders club discount"
It also states in the email you posted from EuroDisney: Regardless of the number of shares you hold, you will continue to benifit from the shareholders club discount and offers upon presentation of a valid membership card.
They can set the share qualification at whatever they like, otherwise we'd be doing it for them.
Quote from: "ed-uk"It states at the end of the Modification section.
"in which case it commits (EuroDisney ) to honour all reservations made up to and incluing the dates benefiting from a shareholders club discount"
It also states in the email you posted from EuroDisney: Regardless of the number of shares you hold, you will continue to benifit from the shareholders club discount and offers upon presentation of a valid membership card.
They can set the share qualification at whatever they like, otherwise we'd be doing it for them.
I did not read the first statement anywhere, I was looking all over for it, that was the reason for one of my questions, thanks for pointing it out. I was aware of the second, but it was the word VALID, given the new date that caused the worry. If they had put both statements on the reply email it would have made more sense.. :?
I still think 500% increases are too much of a hike for a 2 year reprieve.. :roll:
Quote from: "ed-uk"Your membership to the shareholders club is for two years, and they are going to honour that so you can still use your card. And they couldn't take the new membership criteria back to 1992 because there was no shareholders club then.
Have you read the Modifications section in their rules.
Euro Disney SCA reserves the right to modify without prior notice the present general conditions and/or eligibility conditions and discounts proposed to the members of the shareholders club.
Euro Disney SCA also reserves the right to terminate shareholders club activities for any reason and at any moment.
In which case it commits to honour all reservations made up to and including the dates benefiting from a shareholders club discount.
Assuming you did read that, I don't know what point it is your' re making.
They made it clear they changed this rule to make the club more exclusive as they wanted it to be in the first place. And when people from all over Europe bought shares to become a member of this club, they gotten frightened the club wouldn't be so "exclusive" anymore and only be used for it's discounts. If I want big discounts, I get myself a Dreams Pass. :x
So, the reason of making the Club more exclusive, in my opinion, bullocks. :evil: They've seen this going on for years and years and only now, when they got new revenue from Disney, they more or less force you to buy more shares to be able to stay a member. I have to agree with Javey that this feels like extortion. I bought the shares to feel like I invested a little bit in Euro Disney. Right now, it would cost me around 400 euro (excluding trading fees) to get enough shares to extend my membership. Something that I can not currently afford. So sadly, at the end of my membership I will wave the Club a farewell. :cry:
It would be more fair to allow all current members to extend their membership under current conditions. That is, besides courteous, showing your appreciation as a company to your investors. =D>
Quote from: "Savorn"They made it clear they changed this rule to make the club more exclusive as they wanted it to be in the first place. And when people from all over Europe bought shares to become a member of this club, they gotten frightened the club wouldn't be so "exclusive" anymore and only be used for it's discounts. If I want big discounts, I get myself a Dreams Pass. :x
So, the reason of making the Club more exclusive, in my opinion, bullocks. :evil: They've seen this going on for years and years and only now, when they got new revenue from Disney, they more or less force you to buy more shares to be able to stay a member. I have to agree with Javey that this feels like extortion. I bought the shares to feel like I invested a little bit in Euro Disney. Right now, it would cost me around 400 euro (excluding trading fees) to get enough shares to extend my membership. Something that I can not currently afford. So sadly, at the end of my membership I will wave the Club a farewell. :cry:
It would be more fair to allow all current members to extend their membership under current conditions. That is, besides courteous, showing your appreciation as a company to your investors. =D>
Well said Savorn, I totally know how you feel.. :thumbs:
At last a reply....QuoteDear David,
As mentioned in our previous e-mail, we confirm you that the Shareholders Club has decided to change the General Conditions of the Shareholders Club, effective October 1st, 2012, to better meet the needs of its members and to offer them a quality service.
Indeed, this past couple of years, the Shareholders Club has noted a very strong increase of membership requests (there are as of today more than 5,500 members). This increase has driven negative remarks and a growing dissatisfaction among members of the Shareholders Club, regarding Salon Mickey or the services provided by the Shareholders Club representatives. This matter has also been discussed several times during round tables and shareholders meetings. This is one of the reasons why we took the decision to increase the minimum of shares required to be a member.
Please note that you remain a member of the Shareholders Club until your current card expires (30/06/2013). However, if you do not wish to renew your membership, you have the possibility to subscribe to our mailing list to receive only the financial information on Euro Disney S.C.A..
Feel free to contact us for any further information.
Yours sincerely,
Euro Disney S.C.A.
Shareholders Club
Errrmmm, bit lost here. Can I ask if anyone knows what the negative remarks and dissatisfaction was with Salon Mickey or the services provided by the Shareholders Club representatives.. :?: I never knew of any.. :?
Is it that people cannot access Salon Mickey as often through increased membership.. Never in the world.. :shock:
I've never used it yet.. :|
By reading this email it tends to focus on the main reason for the increase is to do with Salon Mickey, aswell as the services provided by the Shareholders Club representatives, whatever they are. Something so small causing an increase of qualifying shares to 500%.. :? That's an expensive cup of coffee and a croissant.. :shock:
There has got to be more.. :-k
I read somewhere that people where calling the Shareholders Club for simple bookings (instead of the dedicated line), or other queries that were unrelated to the SC, so they had trouble handling proper requests, more related to the financial situation of the company.
And then there were the problems with the Salon Mickey, where people were sometimes being denied access because it was already too full, or going in to find all the food gone...
Quote from: "never2old"I read somewhere that people where calling the Shareholders Club for simple bookings (instead of the dedicated line), or other queries that were unrelated to the SC, so they had trouble handling proper requests, more related to the financial situation of the company.
And then there were the problems with the Salon Mickey, where people were sometimes being denied access because it was already too full, or going in to find all the food gone...
Not sure the first part will improve, as for the second problem I can honestly say I have never ever witnessed. I've passed Salon Mickey a few times within the given opening times and never seen the door open or close. I must have been extremely unlucky the 8 times I've been never to have seen anybody in there.. :shock:
I wonder what the percentage break down of nationalities is of these 5,500 members and also how may of these 5,500 have under 100 Shares. This will answer the question of what they are trying to get it down to and other possible reasons behind it.. :|
As I said earlier I think it's about time the Shareholders Club had different levels of membership, even the D23 Official Disney Fan Club have two levels (Gold and Silver). I only ever use the 10% discount in the Disney Stores and 15% in the Boutiques when at DLP. Most of the benefits I never use, simply because I live in the UK. Surely that would warrant a bronze membership never mind a silver if this was possible. :roll:
Quote from: "Javey74"As I said earlier I think it's about time the Shareholders Club had different levels of membership, even the D23 Official Disney Fan Club have two levels (Gold and Silver). I only ever use the 10% discount in the Disney Stores and 15% in the Boutiques when at DLP. Most of the benefits I never use, simply because I live in the UK. Surely that would warrant a bronze membership never mind a silver if this was possible. :roll:
Yes, different levels would be so much better!! I hardly use my card (don't even have a DIsney store in Luxembourg!), so it's really only when I go to DLP (and that hasn't happened much lately, hopefully from next year we'll be going more regularly again), and ocassionally when we go to the UK and they do have something worth buying in the Disney Store.
On our last visit we didn't even go to the Salon, so I can't say how busy it was... But like you, I've never had any problems. A couple of times they didn't have any food left, but within a few minutes of us getting a hot drink a fresh batch of cookies and croissants arrived, so no problems there.
Personally I don't know what we'll do. I renewed my card in July so I'm still good for a couple of years. I'm keeping an eye on the prices to see if they go down a bit and perhaps buy some more shares (we now have 30), and maybe over the next 2 years I can build my stock up to 100...
Mmmm interesting, I notice you currently have the same as me, 30 Shares. I'm undecided at the moment with only having till next June. It's ironic when I think about it as I actually bought my first batch of 20 shares on Donald's Birthday, 9th June.. :)
Todays price to obtain another 70 shares including commission works out at £305.75 or in your case €363.84.. :shock:
Quote from: "Javey74"Mmmm interesting, I notice you currently have the same as me, 30 Shares. I'm undecided at the moment with only having till next June. It's ironic when I think about it as I actually bought my first batch of 20 shares on Donald's Birthday, 9th June.. :)
Todays price to obtain another 70 shares including commission works out at £305.75 or in your case €363.84.. :shock:
Interesting! My 30 shares were a birthday present from my husband, and my birthday is on 9th June!!
Quote from: "never2old"Quote from: "Javey74"Mmmm interesting, I notice you currently have the same as me, 30 Shares. I'm undecided at the moment with only having till next June. It's ironic when I think about it as I actually bought my first batch of 20 shares on Donald's Birthday, 9th June.. :)
Todays price to obtain another 70 shares including commission works out at £305.75 or in your case €363.84.. :shock:
Interesting! My 30 shares were a birthday present from my husband, and my birthday is on 9th June!!
Well I'll always remember your birthday.. :D What is the chances of that happening again.. :o
Well, I think if you split the 70 shares between Christmas, anniversaries and birthdays... It's possible!!
I also have 33 shares . Think its just not worth buying more just to get into Salon Mickey .You have lots of discount etc with the Dream Pass .
Quote from: "never2old"Well, I think if you split the 70 shares between Christmas, anniversaries and birthdays... It's possible!!
It could be.. :)
Quote from: "britincgn"I also have 33 shares . Think its just not worth buying more just to get into Salon Mickey .You have lots of discount etc with the Dream Pass .
Good analysis really.. :|
Hello,
sorry i havent been on here in ages so im a little confused!! whats happened to the shares? i think i have like 24 or 25 something like that and i think they expire not this december but next what do i need to do?
Thanks
Quote from: "MissDisneyisMagical"Hello,
sorry i havent been on here in ages so im a little confused!! whats happened to the shares? i think i have like 24 or 25 something like that and i think they expire not this december but next what do i need to do?
Thanks
Hi MissDisneyisMagical.. :)
In a nutshell... As of 1st October 2012 you are required to own a minimum of 100 shares to remain a member of the Shareholders Club. Seeing as you are a current member they will honour your membership till it expires, but after that you will need 100 shares or more. The only exemption to the rule is if you owned a minimum of 5 shares before 1st October 2000.. :|
Had to add that I do feel let down by the company .
Ive been there since day one ( have the commemorative day1 pass to prove it)
Im a DVC member .
And to be quite honest I have not had a vacation outside Disney for maybe 30 years .
Seems like a slap in the face
The most important thing is that you let the Walt Disney Company know how you feel, they do value committed people like yourself and if enough people complain they may have to reconsider their actions as they affect you!
The Walt Disney Company don't have a Shareholders club, correct me if I'm wrong. So why complain to them?
You complain to the Walt Disney company because they are the final arbiters as to what happens. This guy has been a loyal Disney fan, even joining the vacation club and he is the sort of customer that Paris desperately needs, to complain to Paris is useless by what people have said on this site so that's why my advice would be to complain to the organ grinder rather than the monkey!
I don't know what you mean by final arbiters as to what happens? The WDC don't bother with a shareholders Club, so what advice would they be giving EuroDisney, not to have one ? EuroDisney don't have to have a Shareholders Club and it's good that they do but there's no obligation on them.
I think you are missing the point of my message. I was trying to say that if britincgn feels strongly enough to complain about the way he is being treated, it is pointless complaining to DLRP shareholders club as they seem to be intransigent, so I suggested that he complains to the WDC to make them aware how he feels.
In all fairness, it probably won't achieve much, but at least he would be making WDC aware of how he feels about the way he has been treated.
Indeed, he should complain to WDC then. From what I've read it's thanks to people complaining about the service in Salon Mickey, not enough cakes and buns for example, that persuaded EuroDisney to up the share requirement for membership.
I have'nt actually heard anyone complain at Salon Mickey, but I have noticed that the last few times I have visited there has not been any snacks left, but I would'nt dream of complaining about that, after all it is a concession! The place has been very crowded on my last few visits, largely made up of groups of people and I feel one way they could help reduce this overcrowding is to restrict each member to one guest, but I guess family members would not be happy with this
Quote from: "captain rocket"I have'nt actually heard anyone complain at Salon Mickey, but I have noticed that the last few times I have visited there has not been any snacks left, but I would'nt dream of complaining about that, after all it is a concession! The place has been very crowded on my last few visits, largely made up of groups of people and I feel one way they could help reduce this overcrowding is to restrict each member to one guest, but I guess family members would not be happy with this
I totally agree. I would even go as far as to limit visitors to 3 times in one year and no more. Would be a shame that a once a year visitor cannot get in at all for those going constantly.. :roll:
Using Salon Mickey is a feeble excuse as mentioned in my previous submissions. If that's all they are bothered about, close the damn place. As previously mentioned I've never used the place, why would I if I already get B&B at my hotel, I'm not going to have breakfast at the hotel then immediately get to the Disneyland Park and require another coffee and croissant, with a few other goodies.. :roll: Who are they trying to kid.. :evil:
Also I'd like to know who the h*ll voted this in, they say that it was through Round Table meetings and Shareholder Meetings. How can this happen since I'm one of those Shareholders who cannot attend. I was not informed of the problems since they do not send me minutes from these meetings, why not? Also have they not heard of a proxy vote.. :roll: I'd love to know just how many voted this in.. :?
I really feel for the Shareholders making the replies on here as we did not have a say in this, there should be an official Euro Disney S.C.A Shareholders Forum, where Shareholders can make official complaints. I wonder why they don't have one.. :evil: Well I do, but my reply would need censoring.. ](*,)
Members of the Shareholders Club don't get to vote on anything. EuroDisney aren't going to hand out a Shareholders Club discount card to use in their shops and restaurants, and allow us to decide the terms and conditions on how we use it. As I said in my previous post Euro Disney aren't obliged to have a Shareholders Club with discount card, however it's very good that they do and hopefully beneficial to both sides. I should add that I'm not defending their decision to change the share requirement to become a member, but I do believe they can do it and I wish people wouldn't make their club card sound like the Tesco loyalty club card. I think their position was explained in the reply email they sent to you which you posted on page 19.
Quote from: "ed-uk"Members of the Shareholders Club don't get to vote on anything. EuroDisney aren't going to hand out a Shareholders Club discount card to use in their shops and restaurants, and allow us to decide the terms and conditions on how we use it. As I said in my previous post Euro Disney aren't obliged to have a Shareholders Club with discount card, however it's very good that they do and hopefully beneficial to both sides. I should add that I'm not defending their decision to change the share requirement to become a member, but I do believe they can do it and I wish people wouldn't make their club card sound like the Tesco loyalty club card. I think their position was explained in the reply email they sent to you which you posted on page 19.
Hang on a minute...
Look at the bolded section of the email you refer to.. :?
QuoteThis increase has driven negative remarks and a growing dissatisfaction among members of the Shareholders Club, regarding Salon Mickey or the services provided by the Shareholders Club representatives. This matter has also been discussed several times during round tables and shareholders meetings. This is one of the reasons why we took the decision to increase the minimum of shares required to be a member.
Who are the people at these shareholder meetings and round table meetings, you are saying that Shareholders are not allowed at shareholder meetings. I don't think so.. :?
We are the majority Shareholders in Euro Disney S.C.A and you are saying we don't have a say. What is the point of being a Shareholder. It's us ultimately that have the say collectively, if they didn't want that they should not have floated themselves on the Stockmarket, but no they needed the money.. :roll: It's the Shareholders who have the say on the running of the place indirectly as directors are voted in, just like in banks and other large companies, they have to keep the Shareholders happy for this very reason.. :|
Reading the last line of the email, the decision was took by the Shareholder Club Representatives with the view of the Shareholders complaints and dissatisfaction.. :| To me the Shareholders had the say, or at least that is what it says to me.. :roll:
Whatever we all feel about the way this was introduced, a shareholding of just 5/20 shares was a very generous level to allow membership/free membership and I am not despondent about having the limit raised. I don't yet know if I will buy the extra 80 shares that I would need to continue membership of the club, but was fortunate enough to have renewed my membership in September, so I have a while to decide.
@Javey74
I said Shareholders don't get a vote concerning the Shareholders Club and how it's run, but that members of the club can express an opinion on the club,, maybe I didn't make that clear. I didn't say Shareholders weren't allowed at Shareholder meetings, of course they are, and they can vote at the AGM. It doesn't say in the email the decision was took by Shareholder club representatives. It says the increase ( in membership ) has driven negative remarks among members of the shareholders club regarding Salon Mickey or the services provided by the shareholder club representatives. So the Shareholders Club took the decision to change the share requirement to join the club, based on negative remarks. We'll wait and see what changes they make in the future.
Quote from: "ed-uk"@Javey74
I said Shareholders don't get a vote concerning the Shareholders Club and how it's run, but that members of the club can express an opinion on the club,, maybe I didn't make that clear. I didn't say Shareholders weren't allowed at Shareholder meetings, of course they are, and they can vote at the AGM. It doesn't say in the email the decision was took by Shareholder club representatives. It says the increase ( in membership ) has driven negative remarks among members of the shareholders club regarding Salon Mickey or the services provided by the shareholder club representatives. So the Shareholders Club took the decision to change the share requirement to join the club, based on negative remarks. We'll wait and see what changes they make in the future.
You state that the email does not say that the decision was took by Shareholder club representatives.
Quote: This matter has also been discussed several times during round tables and shareholders meetings. This is one of the reasons why we took the decision to increase the minimum of shares required to be a member.
Notice the word
'Also' and
'We'... Who is the reference to We.. :?
As far as I am concerned the Shareholder Club Representatives, as in the people running the Shareholders Club and the Shareholders Club are the same thing, this being the case the decision has been decided by the representatives of the Shareholders Club.
Well the decision was certainly made by someone at the Shareholders Club (or someone higher up) the representatives, I take your point.
i thought they would raise the share requirement anyway, I just didn't know by how much and when.
So, I was just wondering something about the discounts the shareholders club have. I see they have a 10 % discount on packages. Am I understanding right, that the discount is valid on packages with a minimum of 2 nights? For example I can stay on 4 nights package and get 10 % off the price with my shareholder card? And I can order 2 rooms?
Quote from: "norhel"So, I was just wondering something about the discounts the shareholders club have. I see they have a 10 % discount on packages. Am I understanding right, that the discount is valid on packages with a minimum of 2 nights? For example I can stay on 4 nights package and get 10 % off the price with my shareholder card? And I can order 2 rooms?
This is what they say on the corporate website (//http://corporate.disneylandparis.com/shareholders/shareholders-club/discounts/index.xhtml):
QuoteReceive a 10% discount on packages (from 2 days/1 night, excluding transport) at Disney's Hotels including Disneyland® Hotel, Disney's Hotel New York®, Disney's Newport Bay Club®, Disney's Sequoia Lodge®, Disney's Hotel Cheyenne®, Disney's Hotel Santa Fe®, Disney's Davy Crockett Ranch®.
For details on offers and bookings, call the Shareholders Club line: +33 (0)1 60 30 60 72.
Offer subject to conditions:
- Offer limited to 2 rooms per stay and available only from 2 consecutive nights on the 24th and the 31st of December.
- Cannot be combined with any other promotional offers.
- Valid for all room types excluding Suites, Castle Club rooms, Empire State Club rooms and Family rooms.
- Prepayment according to the general sales terms valid at the time of booking.
On rooms only, benefit from a 25% discount, according to the above conditions.
So yes, you can get two rooms at the discount price; and the 2 nights minimum only applies to the Christmas period :D
Quote from: "never2old"Quote from: "norhel"So, I was just wondering something about the discounts the shareholders club have. I see they have a 10 % discount on packages. Am I understanding right, that the discount is valid on packages with a minimum of 2 nights? For example I can stay on 4 nights package and get 10 % off the price with my shareholder card? And I can order 2 rooms?
This is what they say on the corporate website (//http://corporate.disneylandparis.com/shareholders/shareholders-club/discounts/index.xhtml):
QuoteReceive a 10% discount on packages (from 2 days/1 night, excluding transport) at Disney's Hotels including Disneyland® Hotel, Disney's Hotel New York®, Disney's Newport Bay Club®, Disney's Sequoia Lodge®, Disney's Hotel Cheyenne®, Disney's Hotel Santa Fe®, Disney's Davy Crockett Ranch®.
For details on offers and bookings, call the Shareholders Club line: +33 (0)1 60 30 60 72.
Offer subject to conditions:
- Offer limited to 2 rooms per stay and available only from 2 consecutive nights on the 24th and the 31st of December.
- Cannot be combined with any other promotional offers.
- Valid for all room types excluding Suites, Castle Club rooms, Empire State Club rooms and Family rooms.
- Prepayment according to the general sales terms valid at the time of booking.
On rooms only, benefit from a 25% discount, according to the above conditions.
So yes, you can get two rooms at the discount price; and the 2 nights minimum only applies to the Christmas period :D
Thanx! That was what I though :-)
Is it just me, or is it always a pain to renew the shareholder membership?
The web pages are inconsistent (redirecting to a renewal form that simply doesn't exist) and the relations office is not organized at best.
best regards
Quote from: "never2old"Well, I think if you split the 70 shares between Christmas, anniversaries and birthdays... It's possible!!
I now have 101 shares, these have beenbuilt up over the last 2 years thru birthday, christmas and mothers day (matthew bought me 10 shares!!!) as i didnt have anything else to spend the money on! i have renewed my membership. i went in salon mickey on both my visitslast year and on 1 visit we had to stand but the rest we had seats everytime. sometime i forget i have to knock on the door for them to let me in mind lol
This may have been answered already so sorry if it has.
I have bitten the bullet and purchased the extra shares needed to renew my membership in September, as we have a trip planned in November, and will go at least once next year for Ratatouille. Anyway, my question is, as we have got the free half board vouchers for our upcoming trip, can we use those at face value in conjunction with the Shareholder's discount? We only have the Standard half board plan, so could we for example go for a buffet at NPBC costing €29.00, get 15% off of this and use the €25 (i think) half board standard voucher at face value against this?
Hope someone can shed some light
Thanks in advance
I would be surprised if you could, there is normally a rider that you cannot use two offers at the same time, you should give it a try though!!
Hi. I am interested in buying DLP shares but am unsure about the best (& cheapest) way to do this. I am in Ireland and to date my enquiries all lead back to using a stockbroker who charge various fees including an annual fee of c€100. As I am buying the shares as a small investment these charges are crazy and will leave me in negative equity fairly quickly. I was wondering if anybody could advise an alternative way of buying the shares which I can hold personally without the need for a stockbroker. Any help greatly appreciated.
There exist a few online services that provide the services you require (binck to name just one, not sure if they serve Ireland) But be aware that shares in the company probably aren't the best investment if you expect to see some return down the line.
I agree with Deff, the only reason to own EurodisneySCA shares is the advantages that you are afforded as a member of the shareholders club. As an investment it seems a fairly forlorn hope to see a dividend return! Or you could, of course, just buy some shares to own a piece of the magic!
I first bought shares in 1989 when they were a new issue. The company has only paid out dividends once and that was for the year before the resort opened. "For investors who believe in dividends and fairies", to quote a financial adviser writing in a paper years ago. I've always remembered that quote. I hung onto my shares though, in the hope that Euro Disney will become a financial success in the future (I know it will) and to own a piece of the magic.
Deff, Captain Rocket and Ed-Uk thank you for your replies and advice. I agree that it isn't the greatest of investments but my pay back was to be the benefits of the shareholders club & "owning a piece of the magic". However with stockbrokers fees etc. those savings were being negated. I have Binck and I get so far and the language changes from English to Dutch etc. Are they other online service names that you could provide me with please?
Sorry to be dumb but I don't get all this shareholders business. Do you become a shareholder in the company? It sounds so official!
Please explain it to me :) google isn't helping
Quote from: "eric7c"Deff, Captain Rocket and Ed-Uk thank you for your replies and advice. I agree that it isn't the greatest of investments but my pay back was to be the benefits of the shareholders club & "owning a piece of the magic". However with stockbrokers fees etc. those savings were being negated. I have Binck and I get so far and the language changes from English to Dutch etc. Are they other online service names that you could provide me with please?
I use Bank of Scotland / Halifax, they seem to be available in Ireland also, maybe an option? If you use the basic share dealing account, it costs £12.50 per share transaction. So if you buy them all at once, it's only £12.50 on top of the total share price. There is no annual fee for this service.
Quote from: "disneyismylifeok"Sorry to be dumb but I don't get all this shareholders business. Do you become a shareholder in the company? It sounds so official!
Please explain it to me :) google isn't helping
Euro Disney SCA who own Disneyland Paris, offer shares to anyone who wants to buy them. They currently cost around £4.5 a share, those who have more than 100 shares can join an official club (it used to be a lot lower) - the club gives you a resort wide discount on merchandise, table service food and a pretend discount on stays (packages are almost always cheaper!), there is also a little clubhouse on site thats open in the morning to walk through. If your buying a lot of merchandise or eating on site at table service/buffets you can recoup your money from the discounts.
Membership for the Shareholders Club is for two years if you're considering buying 100 shares to join.You will get a club card when you join and now for the first time we have to have our photo on the card (my partner just renewed) which I think is a good idea. I saw a club card for sale on ebay once, talk about taking the mickey. Of course, depending on the situation in the future you could lose money on the shares. If your soul reason for buying the shares is to benefit from the discounts offered by the Shareholders Club, Euro Disney could raise the requirement of shares needed to join the club in the future, however this won't effect your membership which will remain valid for two years. But if you're a big fan and want to own part of the magic and buy some shares, you will be entitled to some discounts in shops, restaurants and hotels in the resort and gain entry into Saloon Mickey which is a small lounge at the entrance of the park.
Quote from: "Trekkie101"I use Bank of Scotland / Halifax, they seem to be available in Ireland also, maybe an option? If you use the basic share dealing account, it costs £12.50 per share transaction. So if you buy them all at once, it's only £12.50 on top of the total share price. There is no annual fee for this service.
Its worth noting that Halifax have a day of reduced fees around once a month. European transactions are reduced to £3.50 (I think). Not much of a saving, but at least its something.
Does anyone have an Idiots Guide to Buying Shares?
I can't afford to buy 100 shares in DLP in one go, but it's something I'd like to work up to, mostly I'll admit for the benefit of being in the club and feeling like you own a piece of the magic. However I have no idea of what to do or how to do it.
Quote from: "waddle_thepenguin"Does anyone have an Idiots Guide to Buying Shares?
I can't afford to buy 100 shares in DLP in one go, but it's something I'd like to work up to, mostly I'll admit for the benefit of being in the club and feeling like you own a piece of the magic. However I have no idea of what to do or how to do it.
I wonder about this too. I haven't found a site simple enough for me to understand how to buy shares. And that works here in Sweden.
Have you tried asking in your bank, maybe they've got a share service and can give you some advice?
I've just had a look and apparently they do - I'll have to give them a call.
Thanks :)
Quote from: "waddle_thepenguin"Does anyone have an Idiots Guide to Buying Shares?
I can't afford to buy 100 shares in DLP in one go, but it's something I'd like to work up to, mostly I'll admit for the benefit of being in the club and feeling like you own a piece of the magic. However I have no idea of what to do or how to do it.
For people that don't live in France, you will need to find a bank / broker that deals in foreign shares - Disneyland Paris is listed on the Paris stock exchange.
In the UK, the easiest way to buy them seems to be by opening a Halifax share dealing account and buying through that. Each trade costs around £12 + the cost of the shares, so if your buying in dribs and drabs it could work out expensive. If you can put the money away and buy in one go, that would be best.
Each month the Halifax have a special day when all trades are around £4.
We have no affiliation to the Halifax, we just found them to be the easiest and cheapest way to buy in the UK.
If anyone knows a better way, please let everyone know.
Hello,
haven't been on here in ages! was just wondering I believe my shareholders card runs out in December time, will I get a notification from the shareholders club?
Thanks
Don't think so.
Also, to renew, you now need 100 shares.
Their also asking for a photo of yourself.
Quote from: "mickeyspal"Their also asking for a photo of yourself.
Which you can upload when you renew online - we thought that was rather clever.
Can't remember if we've already asked this...
Has anyone found a way in the UK of buying shares in the name of a child?
We contacted the shareholders club to ask if children could be members and they said yes, no problem, just as long as the child held the shares.
A parent would have to buy the shares under their own name, and then if it's possible have them put into the child's name. Someone would have to act on the child's behalf.
How old it the child? Children can't buy shares in the U K, only adults.
If the parents become shareholders and get the discounts from the club, it's hard to see why a child would need them.
If buying the shares is to make an investment for the child's future, then fair enough.
You need to get some advice from a bank or broker to find out what you need to do.
He's eight. Not a very good investment, although if we invest £400 now, it might just rise with inflation. We just thought it would be nice for him to be a member of the club. Something he'll always have.
Quote from: "A&S&O"Don't think so.
Also, to renew, you now need 100 shares.
omg 100???? that's crazy!!! thanks though for the info. do you know why it changed?
Quote from: "A&S&O"Quote from: "mickeyspal"Their also asking for a photo of yourself.
Which you can upload when you renew online - we thought that was rather clever.
no problem of a photo more trustworthy place for it than facebook!
Quote from: MissDisneyisMagical on August 08, 2013, 09:03:49 PM
Quote from: A&S&ODon't think so.
Also, to renew, you now need 100 shares.
omg 100? ??? that's crazy!!! thanks though for the info. do you know why it changed?
Apparently they wanted to make the club more exclusive for people who are interested in the financial wellbeing of Disneyland. They saw a lot of people join just for easy discounts.
I've just topped mine up to 100 shares through the Halifax online share dealing. Today is a £3.95 commission day and I got them for £4.02/share which is pretty low as they tend to be at £4.75 later in the day.
http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj
there has been a change, although i don't know if it has been reported on before.
The seniority rule has changed. The 100 share rule no longer applies if you have been a member of the club since before October 2005.
Howdy all.
Just wonder if anyone can confirm that I understad my membership card correct. The expiry date says 05-14, am I correct that the card is valid through May 2014, as in 31 May 2014?
Thanx
Hi Norhel, Yes that is how I understand it! Mine expires 10-14 and that will be the 30th October, I understand the new cards now have your photo on to stop naughty members letting their friends use them!
Quote from: captain rocket on February 17, 2014, 12:40:31 PMHi Norhel, Yes that is how I understand it! Mine expires 10-14 and that will be the 30th October, I understand the new cards now have your photo on to stop naughty members letting their friends use them!
Thanx for the reply :-)
Don't blame them for having picture on them.
Here's my new card
(http://i625.photobucket.com/albums/tt335/samninetysix/Actionnaires_zps98d3aef8.jpg) (http://s625.photobucket.com/user/samninetysix/media/Actionnaires_zps98d3aef8.jpg.html)
A bit funkier than the old one and you have to add a mugshot on the new application (100 shares minimum)
Great mugshot 8) I'll show you mine if you show me yours ;D
Quote from: ed-uk on February 17, 2014, 04:34:29 PM
I'll show you mine if you show me yours ;D
Last time I heard that I ended up getting married :o
Quote from: Samninetysix on February 17, 2014, 04:18:45 PM
Here's my new card
(http://i625.photobucket.com/albums/tt335/samninetysix/Actionnaires_zps98d3aef8.jpg) (http://s625.photobucket.com/user/samninetysix/media/Actionnaires_zps98d3aef8.jpg.html)
Doesn't look that bad I think
It looks good. I believe mine expires after the summer. Let's see how renewing goes around that time.
I really hope someone can help, this is driving me insane.
I finally got round to buying another 95 shares so now hold 101 shares. I've completed the renew membership form on the Disney website, uploaded my photo (that's a whole other story!) and validated my renewal. Now it's telling me to sign, date and return the renewal form with my contract note but I can't find the renewal form to sign and date. What am I doing wrong?????
Thanks,
Alison
Hi
I had a nightmare renewing my membership after buying the extra shares and in the end it was not sending the documents from my Hotmail address. The only successful method was from my Gmail account.
However, that isn't your problem. I have tried to look into the way I did it but it says you can only access it 60 days before your renewal date and through the MySpace section of the shareholders website.
All I remember was filling the renewal form in from the prompt, downloading the photo and sending. This then prompted a document that contained the questions with my answers printed out in the same basic font. I then printed this out and signed it, scanned it and resent it back as an attachment with a copy of my proof.
If this doesn't help, the contact us section is very fast at replying by email and the people there understand English and are very helpful.
Thanks for the speedy reply.
Glad it's not me, I finally gave up and emailed them. Hopefully it will be sorted soon I'm so impatient I want my new card
One question, maybe a dumb one, but how much will 100 shares cost me right now?
Alexz, Today's price seems to be around the 4.25 Euro mark, so 425 Euros plus any buying fees you may incur. Like a lot of people on this site I bought my shares through a Halifax Building Society share account
This seems to be one of the best value ways to buy and is all done on line.
Now all you have to decide is if it is worth it to you for the advantages you will gain! I visit two or three times a year and although they increased the shareholding to 100 I think, for me, it is very good value! The old amount of 20 shares was just an absolute steal! I know it's the wrong thing to say, but I do feel someone special when I knock on the door of Salon Mickey and see people around me looking to see what goes on in there! The hot chocolate is amazing in the winter and some of the snacks they have would cost you four or five Euros in the Cable Car Bake Shop!
There are of course several financial advantages as well, but money can't buy the Salon Mickey experience! Well, maybe 400 plus Euros can!!
Thank you for that information captain rocket! I actually also think ~400 Euros is a good deal to be a part of some Disney magic.
If you're in the UK - Halifax have certain days where you only pay a £3.95 commission instead of a £11.95 one. We are like captain rocket, started with 20 then upped our share holding to 100 when the rules of the shareholders club changed. Salon Mickey is definitely worth being in the shareholders club for, when we went for Halloween last year there some big big crowds, we just politely excused ourselves through them to the Salon Mickey door, one "tap tap" later and we were in - in the beautiful Victorian luxury, coffee and cookies - relaxed. 10 minutes later, out the door on the other side of the room and straight into the park, bypassing all the crowds :) . As for discounts, we went to DLRP 4 times last year and next week is our second trip this year. We generally eat at the buffet service or table service restaurants so the 15% discount on your food bill soon mounts up. At a rough average of 25€ per person for a buffet meal, we save over 11€ for the 3 of us per meal.
We also bought 3 x AP Dream at 169€ each, another saving of 90€ for the 3 of us, the discounts really can mount up if you spend enough (as we always seem to do)
Bought 101 shares via Halifax Share Dealing Service on 23/4/2014 (100 shares would have been OK).On the same day I ......
- Completed the online Euro Disney Shareholders Club Application form at... http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj (http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj)
- Printed off the form, signed it and scanned it.
- Clicked on the link in the email from Euro Disney to confirm my email address.
- Emailed to Euro Disney, on the email address given, the signed application form along with screen shots of the Halifax Share-dealing "Order to Buy" plus "Trade Confirmation" plus "Account Statement" to demonstrate that I had bought the shares.
Two days later on 25/4/2014 I received email confirmation of membership to the Shareholders Club with my Shareholders Club Card Number.I emailed straight back to request something I could use to prove membership in case the club card does not arrive in time for our visit next month.Euro Disney emailed straight back with a link to download my "Temporary Certificate of Shareholders Club Membership " which is valid for 2 months.The whole process from buying the shares to having the Temporary Certificate took 2 days!Really impressed how fast and easy this was! :)
Wow superb, I wonder if my re-newal request will proceed as fast as yours?
I'll submit it after this visit in the forum :-D
I renewed mine 6 weeks ago, emailed all the relevant info & asked for confirmation of receipt which I received couple of days later. All very simple to do, unfortunately I have not yet received my new card, I emailed Disney last Friday to ask if they have sent it out yet, they replied by sending a temporary paper form. I didn't have to wait so long the last time, is this usual for renewals?
Quote from: mickeyspal on May 05, 2014, 09:37:17 AM
I renewed mine 6 weeks ago, emailed all the relevant info & asked for confirmation of receipt which I received couple of days later. All very simple to do, unfortunately I have not yet received my new card, I emailed Disney last Friday to ask if they have sent it out yet, they replied by sending a temporary paper form. I didn't have to wait so long the last time, is this usual for renewals?
We renewed our membership almost 6 weeks ago and are still waiting for our new card. I was beginning the think it might have been lost in the post, but if you are still waiting hopefully they are just being slow at sending them out.
Mine arrived exactly six weeks after the application went in. I'm guessing that now they have to have photos on, they maybe have to have a batch made in one go and so do as many as possible. Hope it comes soon.
Just wondering if anyone has had a trouble by getting your brooker to confirm that you own the shares?
Just had a little back and fourth with my brooker, and they usually don't confirm the way EDL want to.....
I bought my shares through the Halifax in UK and have no problems with getting exactly what DLRP require, they seem to expect your request coming through!
New card has finally arrived. :)
Mine has too :D
I have send an e-mail to the shareholders club. My card expires in 7/2014 and I still don't see a renew page in my personal space. Wouldn't I be able to see it until 1-6-2014?
Quote from: mnewcourt on May 25, 2014, 10:46:16 AM
I have send an e-mail to the shareholders club. My card expires in 7/2014 and I still don't see a renew page in my personal space. Wouldn't I be able to see it until 1-6-2014?
I had the same problem and ended up calling them.
I have the same issue, but I think it's because the card is valid until the end of July, so when they say you can renew it up to 2 months in advance, the earliest will be 1st of June. The page should be available from then on.
If on the 2nd of June I still don't get the option to renew, I'll contact them....
Quote from: never2old on May 26, 2014, 05:40:51 PM
I have the same issue, but I think it's because the card is valid until the end of July, so when they say you can renew it up to 2 months in advance, the earliest will be 1st of June. The page should be available from then on.
If on the 2nd of June I still don't get the option to renew, I'll contact them....
You are right. I have send an email and they stated the above. I will be able to renew one June 1st. Mine is also valid till 07/2014
Must have send at least 5 e-mails now to the Shareholders club. It's starting to annoy me.
They just keep replying with the standard e-mail. I have a feeling they don't even read my e-mail. Everything what they ask for is in the provided documents. I pointed it out to them this time but it felt childish and unnecessary. :-\
What is the problem, what do they say is missing? Have you tried calling them?
I haven't called them yet it is my last resort.
They don't say what is missing. I just keep receiving the same standard e-mail which is starting to annoy me. I hope that my additional notes help to sort things out.
Hi,
Try calling them, they are really helpful but it seems to work better if you speak to them in person.
I renewed a few weeks ago but hadn't received my new card before I had left last week, We were going to Le Mans for the race and then Disney on the way back. I had sent a couple of emails before we left but had not had any reply.
Being in Le Mans with no internet connection I couldn't chase up the card or arrange a temporary membership letter.
When we arrived at Disney Monday I phoned them and they said I hadn't sent a copy of the signed declaration, they emailed it to me within 5 min, I had it printed at the sequoia lodge conciergerie desk, signed it sent a photo of it back from my phone and they sent me back my temporary letter, again in less than 5 min, Sequoia lodge again printed it for me.
Sorry for being long winded but as I said they were really helpful on the phone, but I hadn't been having much luck with the emails I had sent before I went.
Dan
I hope this isn't too personal to ask but how much would the shares cost me to be partof the club. And also do you get free or discounted park entry?
Quote from: orangarnold on June 20, 2014, 11:14:50 PM
I hope this isn't too personal to ask but how much would the shares cost me to be partof the club. And also do you get free or discounted park entry?
Right now, one share is at 3,99 EUR, and since you need 100 shares to join the club, it would be 399 EUR, PLUS brooker fees.
You don't get free entry, but 15% on some entry tickets.
Have a look here under "offers and discounts" to see the discounts:
http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj (http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj)
Quote from: norhel on June 21, 2014, 07:20:29 AM
Quote from: orangarnold on June 20, 2014, 11:14:50 PM
I hope this isn't too personal to ask but how much would the shares cost me to be partof the club. And also do you get free or discounted park entry?
Right now, one share is at 3,99 EUR, and since you need 100 shares to join the club, it would be 399 EUR, PLUS brooker fees.
You don't get free entry, but 15% on some entry tickets.
Have a look here under "offers and discounts" to see the discounts:
http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj (http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml#contentj)
Thank you
The main advantange of the club is that once you buy the shares you need, that's it, you don't need to spend anything else to renew every couple of years... If you visit the park often enough you end up getting your money back with all the discounts!!
Also salon Mickey, I find it a really nice relaxed way to start the day.
Dan
Well I had to send my documents to another e-mail address. I haven't heard anything in over a week. The funny thing is. My grandfather has send over the exact same document that I have but with his sharesaccount of course. ;) And his renewal is accepted without a problem. ???
I'm going to call them on Tuesday and I hope to have everything sorted out then. :)
I called them today and send them a fax. I hope to have everything figured out now.
Everything has turned out fine. My new card should arrive in a couple of weeks time.
Hiya all,
Just wondered if someone could help with some advice,
We are going to Disney mid November and am wondering whether that will be enough time to get it all sorted before we go?
How many shares do you currently need to get the shareholder card?
Many thanks
You should have plenty of time and you currently need 100 Eurodisney shares for membership. If you google Disneyland Paris shareholders club you will find all the information you need.
Quote from: izzysfirstdisney on July 13, 2014, 12:45:08 PM
Hiya all,
Just wondered if someone could help with some advice,
We are going to Disney mid November and am wondering whether that will be enough time to get it all sorted before we go?
How many shares do you currently need to get the shareholder card?
Many thanks
I agree with captain rocket, it should be enough time.
Here's the link to the shareholders site:
http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml
I received my new shareholders club member card in the mail today. A telephone call help sorted everything out. Just like you nice people on this board said.
Hi, I have a share dealing account with Halifax and have some Disney shares which I'm looking to increase but I am clueless and about to ask a really stupid question! I haven't been on the account for ages and it's says I have some money which is 'available to invest'?! What does it mean and where did it come from? Thank you in advance, I am sorry for such a silly question.
I'll try and share my little bit of knowledge, but be aware, I'm no expert.
Your Halifax share account has to be funded before you can buy shares.
You may have some of these funds left from when you last bought shares - you should be able to see how much when you log in to your account. For example, you may have funded your account with £80, but the share you bought only cost £75 - you would still have £5 to invest.
Alternatively, you may have shares that have paid a dividend (share of the companies profit) which has gone into your share account - this would now be available to invest. This wouldonly be the case if you had shares other than Disneyland Paris, as they don't pay dividends.
Depending on how much you currently have available to invest and how many shares you want to buy, you may need to add more funds to your account. This is fairly straightforward with the Halifax share dealing account, there is an "Add Funds" button (or similarly named). This will take funds from your listed account, assuming that it is still active and has enough money in it.
Be aware that once a month, the Halifax have a special day when you can trade on the international market for a reduced rate, I think its about £4 instead of £12 - every little helps!
Ah thank you! You are correct I put more money in than necessary! So the special deal days you are describing is that the commission? I don't have many shares is it worth buying more to get the 100 shares so I can be part of the membership again? Thank you for your help
I've just checked and the commission is reduced to £3.95 on the days that they do their special deals. You still have to pay the other taxes at full rate though. Shares are either around 4 Pounds, or 4 Euros each at the moment, I can never work out what currency they're shown in.
As to whether its worth buying the shares to become a member again, well that's up to you.
How often do you go to DLP? How often would you use Salon Mickey? How much do you spend in the shops or restaurants (15% discount)? How do you buy your tickets (again 15% discount - quite a saving if buying an annual pass)?
Although you're buying the shares, you can always sell them again, so its not money spent, its money tied up. Assuming that you can sell for the same or better price than you bought.
As well as funding the Halifax Share Account, you can also transfer out unused funds so the money doesn't just sit there.
I haven't been for a few years tbh but I went 6 years in a row before that. I always get Disney packaged hotel. As for how much I spend on food souvenirs it's normally between 2-3 hundred English. I may look at gettin a annual pass as I will have a lot more opportunity now I do shift work to go.
Quote from: MissDisneyisMagical on September 03, 2014, 03:23:54 PM
Hi, I have a share dealing account with Halifax and have some Disney shares which I'm looking to increase but I am clueless and about to ask a really stupid question! I haven't been on the account for ages and it's says I have some money which is 'available to invest'?! What does it mean and where did it come from? Thank you in advance, I am sorry for such a silly question.
Halifax (in the UK) have their next sharedealing "sale" on Tuesday 16th September - all trades only £3.95 each.
Disclaimer -
Other ways of buying shares are available and I'm not affiliated to any financial company, just trying to help out fellow DLP fans.
Thank you very much!! Lucky I checked this today.
Just felt that I wanted to share (no pun intended!) the fact that I have just processed my Shareholder's Club renewal application, and it has come back approved in only 2 days! Card in the post.
Magic things really can happen!!
Wow that is very fast! :)
Quote from: Sulley's Arms on September 25, 2014, 11:23:45 AM
Just felt that I wanted to share (no pun intended!) the fact that I have just processed my Shareholder's Club renewal application, and it has come back approved in only 2 days! Card in the post.
Magic things really can happen!!
That's normal, it's usually approved pretty quick, within 48 hours. It's the wait for the card that can take a quite a few weeks .
Anyone who know how to buy shares when you live in Sweden? I have been searching for this for a long time without finding any good info about it. I have asked several banks in Sweden, but almost everyone say that you can't buy it from them. I found one bank though that could do that, but then my name can't be on the "papers" and therefor I can't be part of the Shareholder's Club, because they don't know that it's me who own the shares...
Quote from: Alexz on October 06, 2014, 02:05:45 PM
Anyone who know how to buy shares when you live in Sweden? I have been searching for this for a long time without finding any good info about it. I have asked several banks in Sweden, but almost everyone say that you can't buy it from them. I found one bank though that could do that, but then my name can't be on the "papers" and therefor I can't be part of the Shareholder's Club, because they don't know that it's me who own the shares...
Try somewhere like Hargreaves Lansdown. They buy/sell shares.
Not sure of any specifics for Sweden, but you need to find a boker that trades on the Paris stock exchange.
There are a few banks / building societies that do that here in the UK, have you tried similar in Sweden?
Quote from: Alexz on October 06, 2014, 02:05:45 PM
Anyone who know how to buy shares when you live in Sweden? I have been searching for this for a long time without finding any good info about it. I have asked several banks in Sweden, but almost everyone say that you can't buy it from them. I found one bank though that could do that, but then my name can't be on the "papers" and therefor I can't be part of the Shareholder's Club, because they don't know that it's me who own the shares...
Have you tried dnb.se? Or nordnet.se? Here in Norway where I live, I could by from dnb.no, and apparently you also could by from dnb.se. I'll think with all non-French banks, your name would never be on the papers. For me here in Norway, I got my brooker to confirm that I own the DLP shares, and DLP accepted that. I did use Nordnet (only phone orders) to buy DLP shares. But keep in mind that with Nordnet I had a little trouble to get them to give me a confirmation letter to send to DLP. Had no trouble to buy though.
QuoteTry somewhere like Hargreaves Lansdown. They buy/sell shares.
QuoteThere are a few banks / building societies that do that here in the UK, have you tried similar in Sweden?
QuoteHave you tried dnb.se? Or nordnet.se?
Thank you for all the suggestions! I will take a look at dnb.se and nordnet.se to start with.
Now is the time to buy, after the refinancing deal announcement yesterday, the shares fell through the floor
17 emails back and forth, cannot get renewal complete with Halifax.
I literally have screenshot the entire site, they just won't take it. Grrr.
I believe that they only accept a statement on paper that is then photographed or scanned. That was the case with my renewal.
Quote from: mnewcourt on October 28, 2014, 08:40:12 AM
I believe that they only accept a statement on paper that is then photographed or scanned. That was the case with my renewal.
Nope I took a screenshot of my shares balance and also of my purchase dates listing so they could see when they were bought and that was enough. Got a reply back in 2 days saying renewal confirmed and my card 4 weeks later.
I'm starting to believe short of one of the stock exchanges personally vouching for me, it isn't going to happen.
Quote from: Trekkie101 on October 28, 2014, 11:19:44 AM
I'm starting to believe short of one of the stock exchanges personally vouching for me, it isn't going to happen.
Have you tried phoning them to see exactly why they are not accepting what you are giving them? My renewal was so straight forward, have you tried screenshots of the pages I mentioned above. Your shares summary showing how many you hold and purchase statements showing the days date.
Quote from: cazspence on October 28, 2014, 11:33:39 AM
Quote from: Trekkie101 on October 28, 2014, 11:19:44 AM
I'm starting to believe short of one of the stock exchanges personally vouching for me, it isn't going to happen.
Have you tried phoning them to see exactly why they are not accepting what you are giving them? My renewal was so straight forward, have you tried screenshots of the pages I mentioned above. Your shares summary showing how many you hold and purchase statements showing the days date.
All of the above. I've done this before and not had an issue. However your right, I'll call them when I get home :)
Does anyone know how the issue of the discounted shares to current shareholders will work?
Our shares are "held" in a Halifax sharedealing account and our sons by Hargreaves Lansdowne - both in the UK.
Trekkie 101, Came onto this a bit late, but assume that your shares are held by the Halifax? Mine are also held by them and all I had to do was phone them and they sent me a letter confirming my shareholding which I then emailed to Disney with the application form. Have you tried this? For a large organisation Disney don't seem to like electornic information!
Quote from: captain rocket on November 01, 2014, 12:32:50 PM
Trekkie 101, Came onto this a bit late, but assume that your shares are held by the Halifax? Mine are also held by them and all I had to do was phone them and they sent me a letter confirming my shareholding which I then emailed to Disney with the application form. Have you tried this? For a large organisation Disney don't seem to like electornic information!
Thanks :)
Yeah they aren't biting the whole screenshot thing, I've been told they aren't headed paper and don't count.
Quote from: Trekkie101 on November 01, 2014, 09:59:55 PM
Quote from: captain rocket on November 01, 2014, 12:32:50 PM
Trekkie 101, Came onto this a bit late, but assume that your shares are held by the Halifax? Mine are also held by them and all I had to do was phone them and they sent me a letter confirming my shareholding which I then emailed to Disney with the application form. Have you tried this? For a large organisation Disney don't seem to like electornic information!
Thanks :)
Yeah they aren't biting the whole screenshot thing, I've been told they aren't headed paper and don't count.
I can't remember if it was to renew membership or reapply, but I used "print to PDF" to print a statement of holding from our Halifax sharedealing account.
You'll need to install a PDF printing app on your PC.
Quote from: A&S&O on November 01, 2014, 10:22:46 PM
Quote from: Trekkie101 on November 01, 2014, 09:59:55 PM
Quote from: captain rocket on November 01, 2014, 12:32:50 PM
Trekkie 101, Came onto this a bit late, but assume that your shares are held by the Halifax? Mine are also held by them and all I had to do was phone them and they sent me a letter confirming my shareholding which I then emailed to Disney with the application form. Have you tried this? For a large organisation Disney don't seem to like electornic information!
Thanks :)
Yeah they aren't biting the whole screenshot thing, I've been told they aren't headed paper and don't count.
I can't remember if it was to renew membership or reapply, but I used "print to PDF" to print a statement of holding from our Halifax sharedealing account.
You'll need to install a PDF printing app on your PC.
Tried it :/ - didn't seem to be enough for them.
Quote from: A&S&O on November 01, 2014, 10:22:46 PM
Quote from: Trekkie101 on November 01, 2014, 09:59:55 PM
Quote from: captain rocket on November 01, 2014, 12:32:50 PM
Trekkie 101, Came onto this a bit late, but assume that your shares are held by the Halifax? Mine are also held by them and all I had to do was phone them and they sent me a letter confirming my shareholding which I then emailed to Disney with the application form. Have you tried this? For a large organisation Disney don't seem to like electornic information!
Thanks :)
Yeah they aren't biting the whole screenshot thing, I've been told they aren't headed paper and don't count.
I can't remember if it was to renew membership or reapply, but I used "print to PDF" to print a statement of holding from our Halifax sharedealing account.
You'll need to install a PDF printing app on your PC.
Google Chrome has that function included.
Our shareholders Club cards expire in March, does anyone know when we can apply for new ones?
thanks
Quote from: A&S&O on December 19, 2014, 04:28:19 PM
Our shareholders Club cards expire in March, does anyone know when we can apply for new ones?
thanks
It's two months before expiry date :-)
Quote from: norhel on December 19, 2014, 05:19:57 PM
Quote from: A&S&O on December 19, 2014, 04:28:19 PM
Our shareholders Club cards expire in March, does anyone know when we can apply for new ones?
thanks
It's two months before expiry date :-)
Thanks!
Does anyone know the rules for foreign shareholders to vote on the annual general meeting?
Just wonder, because I asked one of the broker I have DLP shares with (I have the shares at two different brokers), that I want to vote on the AGM, and they responded back that since I'm Norwegian and live in Norway, I can't vote. Anyone knows the rules about that?
Quote from: norhel on January 02, 2015, 12:35:53 PM
Does anyone know the rules for foreign shareholders to vote on the annual general meeting?
Just wonder, because I asked one of the broker I have DLP shares with (I have the shares at two different brokers), that I want to vote on the AGM, and they responded back that since I'm Norwegian and live in Norway, I can't vote. Anyone knows the rules about that?
I would like to know a bit about this as well. Does anyone have an answer?
Quote from: norhel on January 02, 2015, 12:35:53 PM
Does anyone know the rules for foreign shareholders to vote on the annual general meeting?
Just wonder, because I asked one of the broker I have DLP shares with (I have the shares at two different brokers), that I want to vote on the AGM, and they responded back that since I'm Norwegian and live in Norway, I can't vote. Anyone knows the rules about that?
Just bumping this one to hear if anyone know?
All explained here:
How to participate in the Euro Disney S.C.A. Annual General Meeting
http://salonmickey.wordpress.com/2015/01/02/how-to-participate-in-the-euro-disney-s-c-a-annual-general-meeting/ (http://salonmickey.wordpress.com/2015/01/02/how-to-participate-in-the-euro-disney-s-c-a-annual-general-meeting/)
But I think you have left it a bit late, only voting/proxy forms that are completed, dated and signed, and are received by Wednesday, January 07, 2015 at the latest by Société Générale – Services Assemblées will be taken into account.
Quote from: Jonjo on January 06, 2015, 04:34:20 PM
All explained here:
How to participate in the Euro Disney S.C.A. Annual General Meeting
http://salonmickey.wordpress.com/2015/01/02/how-to-participate-in-the-euro-disney-s-c-a-annual-general-meeting/ (http://salonmickey.wordpress.com/2015/01/02/how-to-participate-in-the-euro-disney-s-c-a-annual-general-meeting/)
But I think you have left it a bit late, only voting/proxy forms that are completed, dated and signed, and are received by Wednesday, January 07, 2015 at the latest by Société Générale – Services Assemblées will be taken into account.
Thanx for the reply. Yeah, I'm to late for that....
The new share issue got voted through.
Does anyone know how it will work for people in the UK who have shares held in a Halifax and a Hargreaves Lansdowne shareholding account?
thanks
I'm looking at http://timon.disneylandparis.com/corporate/en/specialrelease.html (http://timon.disneylandparis.com/corporate/en/specialrelease.html) and the pdf "Securities note relative to the Recapitalization Proposal".
I see that in point number 5.1.2.1 (a.2) that is says:
QuoteCountries in which the offer will be open
The offer will be open to the public in France and in the United Kingdom, from the time the
Prospectus has been approved by the AMF, in its capacity as the competent authority in France,
and published in accordance with the Prospectus Directive as implemented in France and, in the
case of the United Kingdom, passported.
Am I correct when I say that only people in UK and France may take part in the new share issue?`
And that I who lives in Norway can't take part of it? Or am I wrong?
Looks like it.
Quote from: norhel on January 17, 2015, 06:46:26 AM
Am I correct when I say that only people in UK and France may take part in the new share issue?`
And that I who lives in Norway can't take part of it? Or am I wrong?
It looks like there's some wording that says its also open to other EU countries. I'd be very surprised if they could restrict the offer to UK and France and not the rest of the EU.
I've sent a message to the shareholders club to ask about that... If I'm not allowed to participate, I wonder if I can at least sell my subscription rights?
Quote from: A&S&O on January 17, 2015, 10:10:46 AM
Quote from: norhel on January 17, 2015, 06:46:26 AM
Am I correct when I say that only people in UK and France may take part in the new share issue?`
And that I who lives in Norway can't take part of it? Or am I wrong?
It looks like there's some wording that says its also open to other EU countries. I'd be very surprised if they could restrict the offer to UK and France and not the rest of the EU.
To be honest, I also think it's odd that other EU countries can't.
I also did see that the wording may open it for me, but I think this documents can be confusing sometimes.
Quote from: never2old on January 17, 2015, 10:28:59 AM
I've sent a message to the shareholders club to ask about that... If I'm not allowed to participate, I wonder if I can at least sell my subscription rights?
Good question and point. It shall be interesting to see what they answer.
I got an e-mail from my bank (BINCK) in Holland, asking me if I want to participate in recapitalization proposal for 1 euro per share.
If I do not participate before 12:00h on the 5th of February, then they will try to sell all my shares an take 10% commission of what is left of it. Yesterday the price dropped more then 65% to 1,26 euro per share
It looks like a pay or lose it all situation :-(
Quote from: disneymagique on January 20, 2015, 10:49:14 AM
I got an e-mail from my bank (BINCK) in Holland, asking me if I want to participate in recapitalization proposal for 1 euro per share.
If I do not participate before 12:00h on the 5th of February, then they will try to sell all my shares an take 10% commission of what is left of it. Yesterday the price dropped more then 65% to 1,26 euro per share
It looks like a pay or lose it all situation :-(
No, it's all part of the recapitaliztion plan of EuroDisney. As a shareholder you have the right to buy 9 new shares for €1 for each existing share in your current portfolio. As the new shares are worth €1.25, you have an immediate profit of €0.25 per new share. This profit compensates for the loss of the devaluation of your current share to €1.25.
I got an answer back from the Shareholders Club...
QuoteDear Shareholder,
Thank you for your e-mail and your interest in Euro Disney S.C.A.
You should contact the bank in the books of which your shares are registered and ask this bank what is the procedure to exercise or sell the rights attached to your shares. Such bank will provide you the procedure, depending on your choice.
In the meantime, you can access some information concerning the recapitalization proposal and notably a webinar presentation, on our website: http://timon.disneylandparis.com/corporate/en (section: overview of the proposal and documents). The webinar presentation is only available in French.
Feel free to contact us for any further information.
Which didn't answer my question at all... I have seen however that I have been credited with 100 new shares (the subscription rights), so I guess that means I will be able to participate.
Quote from: disneymagique on January 20, 2015, 10:49:14 AM
I got an e-mail from my bank (BINCK) in Holland, asking me if I want to participate in recapitalization proposal for 1 euro per share.
If I do not participate before 12:00h on the 5th of February, then they will try to sell all my shares an take 10% commission of what is left of it. Yesterday the price dropped more then 65% to 1,26 euro per share
It looks like a pay or lose it all situation :-(
They cannot sell your original shares; what they want to sell are your subscription rights.
What's happened is that the original share (traded with ISIN FR0010540740, and priced last friday around 3.40 EUR) has been split into two: the shares (with same ISIN FR0010540740), and the subscription rights (new ISIN FR0012444743). The original price was also split between the two, so the old shares were priced around 1.20 and the new shares around 2.20
So if you had 100 of FR0010540740 (price 3.40 EUR, ie value 340 EUR) on Monday after the split you would have 100 of FR0010540740 (price 1.20 EUR), and 100 of FR0012444743 (price 2.20 EUR), so total value still around 340 EUR.
You can choose to exercise your rights to buy up to 9 'old' shares per subscription right (so if you had 100 shares before, you can buy up to 900 more), but you can also choose to sell your subscription rights, which would mean you would earn back the money lost because of the price drop in the original shares. The rights are quoted on the market so their price can go up or down, but so far it's pretty stable around the 2.20 EUR mark, so if you want to sell you should get most of your money back.
Your bank says that they will sell your rights because after the deadline, they will be worthless. If you don't want to re-invest in DLP and exercise the rights, the best option is to sell the rights.
Of course you can also exercise part of your rights, and sell the rest!
Hope this clarifies a bit....
Useful simulation tool:
http://investors-relation.com/dlp/recapitalisation2015/simulation/?lang=en
Quote from: never2old on January 20, 2015, 02:51:32 PM
I got an answer back from the Shareholders Club...
QuoteDear Shareholder,
Thank you for your e-mail and your interest in Euro Disney S.C.A.
You should contact the bank in the books of which your shares are registered and ask this bank what is the procedure to exercise or sell the rights attached to your shares. Such bank will provide you the procedure, depending on your choice.
In the meantime, you can access some information concerning the recapitalization proposal and notably a webinar presentation, on our website: http://timon.disneylandparis.com/corporate/en (section: overview of the proposal and documents). The webinar presentation is only available in French.
Feel free to contact us for any further information.
Which didn't answer my question at all... I have seen however that I have been credited with 100 new shares (the subscription rights), so I guess that means I will be able to participate.
Quote from: disneymagique on January 20, 2015, 10:49:14 AM
I got an e-mail from my bank (BINCK) in Holland, asking me if I want to participate in recapitalization proposal for 1 euro per share.
If I do not participate before 12:00h on the 5th of February, then they will try to sell all my shares an take 10% commission of what is left of it. Yesterday the price dropped more then 65% to 1,26 euro per share
It looks like a pay or lose it all situation :-(
They cannot sell your original shares; what they want to sell are your subscription rights.
What's happened is that the original share (traded with ISIN FR0010540740, and priced last friday around 3.40 EUR) has been split into two: the shares (with same ISIN FR0010540740), and the subscription rights (new ISIN FR0012444743). The original price was also split between the two, so the old shares were priced around 1.20 and the new shares around 2.20
So if you had 100 of FR0010540740 (price 3.40 EUR, ie value 340 EUR) on Monday after the split you would have 100 of FR0010540740 (price 1.20 EUR), and 100 of FR0012444743 (price 2.20 EUR), so total value still around 340 EUR.
You can choose to exercise your rights to buy up to 9 'old' shares per subscription right (so if you had 100 shares before, you can buy up to 900 more), but you can also choose to sell your subscription rights, which would mean you would earn back the money lost because of the price drop in the original shares. The rights are quoted on the market so their price can go up or down, but so far it's pretty stable around the 2.20 EUR mark, so if you want to sell you should get most of your money back.
Your bank says that they will sell your rights because after the deadline, they will be worthless. If you don't want to re-invest in DLP and exercise the rights, the best option is to sell the rights.
Of course you can also exercise part of your rights, and sell the rest!
Hope this clarifies a bit....
I'm
Now even more confused. Lol
Still no news from Halifax or Hargreaves Lansdowne on how to buy, or even if we can buy the new issue of shares.
Quote from: never2old on January 20, 2015, 02:51:32 PM
I got an answer back from the Shareholders Club...
QuoteDear Shareholder,
Thank you for your e-mail and your interest in Euro Disney S.C.A.
You should contact the bank in the books of which your shares are registered and ask this bank what is the procedure to exercise or sell the rights attached to your shares. Such bank will provide you the procedure, depending on your choice.
In the meantime, you can access some information concerning the recapitalization proposal and notably a webinar presentation, on our website: http://timon.disneylandparis.com/corporate/en (section: overview of the proposal and documents). The webinar presentation is only available in French.
Feel free to contact us for any further information.
Which didn't answer my question at all... I have seen however that I have been credited with 100 new shares (the subscription rights), so I guess that means I will be able to participate.
Quote from: disneymagique on January 20, 2015, 10:49:14 AM
I got an e-mail from my bank (BINCK) in Holland, asking me if I want to participate in recapitalization proposal for 1 euro per share.
If I do not participate before 12:00h on the 5th of February, then they will try to sell all my shares an take 10% commission of what is left of it. Yesterday the price dropped more then 65% to 1,26 euro per share
It looks like a pay or lose it all situation :-(
They cannot sell your original shares; what they want to sell are your subscription rights.
What's happened is that the original share (traded with ISIN FR0010540740, and priced last friday around 3.40 EUR) has been split into two: the shares (with same ISIN FR0010540740), and the subscription rights (new ISIN FR0012444743). The original price was also split between the two, so the old shares were priced around 1.20 and the new shares around 2.20
So if you had 100 of FR0010540740 (price 3.40 EUR, ie value 340 EUR) on Monday after the split you would have 100 of FR0010540740 (price 1.20 EUR), and 100 of FR0012444743 (price 2.20 EUR), so total value still around 340 EUR.
You can choose to exercise your rights to buy up to 9 'old' shares per subscription right (so if you had 100 shares before, you can buy up to 900 more), but you can also choose to sell your subscription rights, which would mean you would earn back the money lost because of the price drop in the original shares. The rights are quoted on the market so their price can go up or down, but so far it's pretty stable around the 2.20 EUR mark, so if you want to sell you should get most of your money back.
Your bank says that they will sell your rights because after the deadline, they will be worthless. If you don't want to re-invest in DLP and exercise the rights, the best option is to sell the rights.
Of course you can also exercise part of your rights, and sell the rest!
Hope this clarifies a bit....
Just wondering, have you seen somewhere in the official DLP papers with regards to the stock split?
Can't remember seeing that anywhere.
Hi this may be a stupid question but I hold 100 shares. If I keep the 100 as they are and sell the 100 rights, leaving me with just 100 sad little shares, do we think they will change eligibility for the shareholders club? Or do we have no idea?
Quote from: jj554 on January 21, 2015, 09:29:46 PM
Hi this may be a stupid question but I hold 100 shares. If I keep the 100 as they are and sell the 100 rights, leaving me with just 100 sad little shares, do we think they will change eligibility for the shareholders club? Or do we have no idea?
They have specifically said that current members can continue to be members with just 100 shares.
I don't know if that will be forever, or if they will put a time limit on it though.
Quote from: A&S&O on January 21, 2015, 10:37:26 AM
Still no news from Halifax or Hargreaves Lansdowne on how to buy, or even if we can buy the new issue of shares.
I received email from Halifax today to check my account as a notification about the shares had been posted on the account.
It gives instructions for purchasing the shares, whether I wish to take up the full 900 shares or partial amount. I haven't decided if I want to go for the full amount or any, is it worthwhile buying more shares will we eventually receive dividends in the future ??
I had the same email and will buy some more shares, maybe not my full entitlement, as I think it will be inevitable that the ownership for membership of the shareholders club will rise in the future, as it has in the past.
As to wether a dividend is paid, who knows? The resort is till massively in debt and it will take an immense effort to overturn it, but this seems like a good starting point, maybe the best chance for years!
Confused!
Own 101 shares through Halifax, got email but am not sure what I should be doing. If i choose not to buy additional 1 euro shares (money a little tight just now 2 kids at uni) and keep my original holding do i need to do anything via Halifax. What impact will doing nothing have on a) the value of my holding and b) my shareholder membership? Any info appreciated...I thought i knew what i was doing...apparently not!
Quote from: Slimy yet satisfying on January 29, 2015, 09:59:40 AM
Confused!
Own 101 shares through Halifax, got email but am not sure what I should be doing. If i choose not to buy additional 1 euro shares (money a little tight just now 2 kids at uni) and keep my original holding do i need to do anything via Halifax. What impact will doing nothing have on a) the value of my holding and b) my shareholder membership? Any info appreciated...I thought i knew what i was doing...apparently not!
If you don't instruct Halifax to do anything, they won't do anything. You will still hold 101 shares.
Those 101 shares will be valued at the market rate (currently 1.25 euros).
If you buy extra shares at 1 euro, you can sell them for 1.25 euros to offset some of the loss in value of your original holding.
If you go this route, the money you spend on the new shares will be held up between the time of purchase and the time you can sell.
DLP say they will allow current members to remain as members with the minimum 100 shares. No one knows if this agreement will last forever.
Sorry, not sure what you mean by held up. :-[
Will halifax charge for purchasing these extra issue shares?
Is there a minimum time we would need to keep the additional shares before selling them?
Thanks
Quote from: Slimy yet satisfying on January 29, 2015, 10:36:12 AM
Sorry, not sure what you mean by held up. :-[
Will halifax charge for purchasing these extra issue shares?
Is there a minimum time we would need to keep the additional shares before selling them?
Thanks
Sorry, by "held up" I meant the time between you being able to buy the shares at the preferential rate and being able to sell the shares at the preferential rate. So there would be a time when you held the shares and didn't have the money - you couldn't buy and sell at the same time.
I'm not sure if the Halifax will charge for buying and selling (potentially around £12 x2). Its a corporate action, so I don't know if they charge for that. By the way,
I think you have until 30th January to choose.
There is a date that the buy-back will take place but I can't remember what it is. Its buried in one of the documents that were issued. February 20th is mentioned somewhere.
Quote from: Slimy yet satisfying on January 29, 2015, 10:36:12 AM
Sorry, not sure what you mean by held up. :-[
Will halifax charge for purchasing these extra issue shares?
Is there a minimum time we would need to keep the additional shares before selling them?
Thanks
Halifax are not charging an admin fee for the corporate event in my ISA stocks & shares account, although I think they would charge if I decide to sell thereafter. I don't know about other accounts but I assume if they are not charging 1 account then it would be the same for others.
If you decide to go ahead and purchase more shares then you must inform Halifax by 23.59pm 30/1/2015 and have cleared funds in account to enable Halifax to purchase the shares for you.
the shares will be credited to the account by 20/2/15, once the "rights issue" has been completed WDC will launch a tender offer @ 1.25euro no date has been given yet.
you will be able to sell the shares once WDC launches their tender offer, it's up to you whether you want to sell @ 1.25 or keep the shares and hope to get a better price when you do sell.
Break out the value beans and the kids will have to pay for their own Tesco shopping until at least 20th Feb!
No Jimmy Choo's for me either
909 safely ordered thanks to all for your advice
Quote from: Slimy yet satisfying on January 29, 2015, 04:06:31 PM
909 safely ordered thanks to all for your advice
Almost enough for one for each ghost in Phantom Manor!
Well I've done it, ordered my full issue of 900 shares, wasn't going to purchase the lot but thought what the heck go ahead and do it, I can always sell all or some of the shares to WDC :D
I've also did it. Did it the day after they started with the rights.
Hi,
My Euro Disney SCA shares are held by Societe Generale and I have today subscribed online via the Societe Generale sharinbox website to purchase my full entitlement of 1080 PSR shares.
As I have not received an email to request payment does anyone know if I'm expected to make payment immediately or do I wait for an invoice or payment request?
Thanks
Carl
If it is anything like halifax you have to make sure your sharedealing account has enough funds in it to make the payment before they will process the transaction.
Thanks,
I've now had a closer read of the notification letter sent by Societe Generale and it provides bank account details & a personal reference to effect a Euro transfer of funds into as well as in small print at the bottom of the letter the amount to pay.
I guess as you say they expect immediate payment to process the transaction.
Carl
You have to have enough money on your share account. Your brooker will probably take money automatically from that account when the transaction is done. My brooker will take the money February 20, ie no invoice, I have to have money on my account.
Or you can also double check with your brooker how their doing it.
Can I still buy Euro Disney S.C.A. (EDL) Shares?
And hoping it will go up in value again?
Or will they kill (stop trading) the shares after the transition?
Has anyone been monitoring the Euro against the pound?
The price for 900 shares has dropped by about £30 since the issue was announced.
Quote from: disneymagique on February 02, 2015, 11:30:38 AM
Can I still buy Euro Disney S.C.A. (EDL) Shares?
And hoping it will go up in value again?
Or will they kill (stop trading) the shares after the transition?
You can still buy the shares, and hoping it goes up.
I haven't seen anything that says they are gonna stop trading.
Does anyone know what Prince Alwaleed will do? Will he fully subscribe to the rights? I own 275 shares and am still not sure what to do. If he would subscribe would that be a pro for doing it as well.
He had already said that he would be subscribing. Whether the full amount or not I'm not sure, but he definitely confirmed he would be buying more.
Quote from: norhel on January 31, 2015, 11:21:20 AM
Or you can also double check with your brooker how their doing it.
Having checked Societe Generale do not request the payment they require the full funds to be paid by close of business on 6th February.
All paid now
Quote from: A&S&O on February 02, 2015, 01:26:23 PM
Has anyone been monitoring the Euro against the pound?
The price for 900 shares has dropped by about £30 since the issue was announced.
The current Euro pound rate helped me decide to subscribe otherwise I may not have parted with more money for these shares.
Can anyone remember when the Halifax were going to buy the new shares or when they will show on our account?
Apologies if this has been asked before (considering the amount of pages in this thread I may have missed it): does anyone have any idea about when they will start accepting new members to the shareholders club again?
And how many shares they'll need?
No one knows when they will accept new members or what the qualification level will be. They said in their notification to us shareholders that it will take a while as they study the ramifications of what has happened
SPECULATION: Some people are suggesting that it will not reopen to new members.
HALIFAX have now credited the new shares.
My statement says that they were bought for 103.00, which equals 1.37 Euros per share.
However, the total amount spent = £684 for 909 shares, which makes them 1 Euro each.
Weird!
Quote from: ford prefect on February 04, 2015, 09:49:25 PM
SPECULATION: Some people are suggesting that it will not reopen to new members.
Yes, that's what I heard also.
The shares are massively cheap right now, but to be honest, I don't want to buy any only to risk not being able to become a member later XD
It would seem unlikely that they would bar new shareholders from enjoying the same benefits as existing ones, but this is Disneyland Paris, so who knows?
Quote from: captain rocket on February 05, 2015, 10:47:34 AM
It would seem unlikely that they would bar new shareholders from enjoying the same benefits as existing ones, but this is Disneyland Paris, so who knows?
They could have different levels of membership holding different benefits. Eg new members won't get salon Mickey or only discount in shops. They could do anything really as they are trying to save money.
HARGREAVES LANSDOWNE have now added the new shares to people's accounts that chose to buy.
Quote from: cazspence on February 03, 2015, 12:28:24 AM
He had already said that he would be subscribing. Whether the full amount or not I'm not sure, but he definitely confirmed he would be buying more.
Yes, he said he was maintaining his share and subscribing for the full amount
So, I got a email from the shareholders club today (witch I assume every shareholders club member got).
When I'm reading through the papers regarding the mandatory offer, it got me thinking.
Do you think we are on the way that the TWDC are on their way to buy the whole EDL?
Could they be planning that after the mandatory offer is over, they "force buy" the shares they haven't bought trough the mandatory offer? What's your opinion on that?
I understand what you are saying, but would believe that now the three Disney companies that own shares have I think it's 74% of the shares why would they need any more? I don't know if they expected to have to buy as many shares as they have so only time will tell.
I am guessing that we shareholders who are Disney fans only bought shares for the benefits that go with them and the only way I would sell is if they diluted the benefits. Let's wait and see what announcements are forthcoming.
Quote from: captain rocket on February 20, 2015, 08:03:42 PM
I understand what you are saying, but would believe that now the three Disney companies that own shares have I think it's 74% of the shares why would they need any more?
From personal experience, I know that sometimes a company wants full control over a company, as that makes it easier to do stuff with that company. It was that that I had in mind.
I have a feeling that something more is coming, but that is just speculation.
Quote from: norhel on February 20, 2015, 08:26:24 PM
Quote from: captain rocket on February 20, 2015, 08:03:42 PM
I understand what you are saying, but would believe that now the three Disney companies that own shares have I think it's 74% of the shares why would they need any more?
From personal experience, I know that sometimes a company wants full control over a company, as that makes it easier to do stuff with that company. It was that that I had in mind.
I have a feeling that something more is coming, but that is just speculation.
Under french law they would not be allowed to buy out and wholely own dlp. It was in the conditions when DLP was first planned. So Nope they can't do that even if they wanted to, a percentage must always be owned by french consortium. Someone else can maybe explain it in more detail.
Just bought another 142 shares, so now hold 243. Hopefully enough if the shareholders qualifications change.
Quote from: MrsPirate on February 26, 2015, 11:17:11 AM
Just bought another 142 shares, so now hold 243. Hopefully enough if the shareholders qualifications change.
Did you buy the original (Euro Disney S.C.A.) or the new shares?
I still own about 200 of the original shares, I do not know what to do with it.
I did not want to invest for the full 225x9 new shares, it's a lot of money if you are doing this just for fun. So I bought 25x9 of the new shares.
Will the price of the original share ever go up again?
Or just accept my loss, and just keep them for the Shareholders Club?
Does anyone know when there will be free trade with the stock? It looks to me Disney is still buying stock them selves at 1,24/1,25? At which date will they stop doing that?
Quote from: RichardvG on March 02, 2015, 10:38:55 AM
Does anyone know when there will be free trade with the stock? It looks to me Disney is still buying stock them selves at 1,24/1,25? At which date will they stop doing that?
I didn't realise that there wasn't free trade.
There are a few large purchases of shares over the last few days, what makes you think it is Disney buying?
Would these purchases be in addition to the shares they have bought through the recent offer? In which case they are increasing their holding to above the recently stated percentage of DLP they own.
How much of DLP could Disney buy before they reached the limit imposed by the French government?
I don't know about Disney, but I bought some more shares through the Halifax last week. I used the money that Disney refunded me because I did'nt take up my full option of shares, I now hold 330 shares just in case they increase the shareholding for membership criteria for the shareholders club.
Quote from: A&S&O on March 02, 2015, 10:47:05 AM
Quote from: RichardvG on March 02, 2015, 10:38:55 AM
Does anyone know when there will be free trade with the stock? It looks to me Disney is still buying stock them selves at 1,24/1,25? At which date will they stop doing that?
I didn't realise that there wasn't free trade.
There are a few large purchases of shares over the last few days, what makes you think it is Disney buying?
Would these purchases be in addition to the shares they have bought through the recent offer? In which case they are increasing their holding to above the recently stated percentage of DLP they own.
How much of DLP could Disney buy before they reached the limit imposed by the French government?
Sorry I might have been mistaken. But it seems so odd the price is constantly on 1,24 or 1,25.
Have been trying to read al the documents on the corporate site, but that's not some light reading :)
Can anyone shed any light into how we go about selling our shares to Disney for the guaranteed €1.25?
All the documents on the shareholders site are rather difficult to understand!
I have received notification from Halifax about the tender offer from Euro Disney SCA for cash price of 1.25eur per share. I have until 16/4/15 to accept the offer, I've already decided to sell some of the shares back to Disney and keep enough to stay in the shareholders club, particularly if they increase the amount required for being a part of the shareholder club when I'm due for renewal :D
DLP/Eurodisney have said that Shareholder's Club Membership will remain as-is until they review the membership criteria and benefits after completion of the whole re-capitalisation process. So, until that time, 100 shares is enough to continue to hold. If, after their review, they decide on a minimum of, for example, 250 or 500 shares then we could hold 100 for now and buy more later when required. Which is the more cost-effective approach depends on whether we expect the share price to go up or go down after completion of the re-capitalisation.
Most big investors have pulled out already, e.g. Investco. Disney now own most of the shares through holding companies. Like many other internationals they can charge licence fees across international borders to optimise tax and also affect dividend payments. Fundamentaly, is it in Disney's interests to see share value grow? I would hope it is. What do you think? Do you think the share price will go up or down? Why would big investors want to buy them, particularly when they effectively have no influence on decisions that might improve shareholder value?
On the other hand, Disney only need a 51% controlling stake to have control and they now have 75%. They could sell 24% in order to raise cash for future investments. This could only happen if the shares are providing a return on investment and that means dividend payments to drive share price increases. Why would they do this? Well, if they need cash faster than they're getting it from profits or if the European and/or international regulatory frameworks change to ensure corporation tax is paid on the sales in the country the sales are made in or to restrict international licence fee use within Companies. Either way this is a long term proposition; at least beyond 2017 when the current investment and refurbishment programme is due to be completed and by which time, hopefully, the European economy has really started to recover.
Today I noticed that the price has slowly risen to 1,33 euro.
It's not much, but maybe this is a start to a recovery? :-)
Has something happened or been announced to take the share price from its 1.25 / 1.26 stagnation?
Quote from: disneymagique on May 22, 2015, 11:05:57 AM
Today I noticed that the price has slowly risen to 1,33 euro.
It's not much, but maybe this is a start to a recovery? :-)
Let's hope so. At least it's better than nothing.
Quote from: A&S&O on May 22, 2015, 11:29:49 AM
Has something happened or been announced to take the share price from its 1.25 / 1.26 stagnation?
As far as I can see nothing has been announced. I just did a search on the web, and it's nothing announced lately it seems.
I just wanted to provide an update in case anyone is interested.
I sold my rights to the new shares and was left with just 100 of the new, lower priced shares at about 1.3 euros each.
I've just had renewal accepted for another couple of years in the Shareholder's Club. I was expecting this anyway but thought I would confirm to everyone as there has been a degree of uncertainty surrounding the various changes.
Looking forward to receiving my shiny new card ready for my trip in December.
Did you do it through the website? I can't seem to get on I lately. I have emailed them too but not heard anything.
I logged into the shareholders section on the site (not overly reliable or user friendly) and updated my form.
I then printed this and faxed it along with my shares printout.
I emailed them a couple of weeks ago and they gave a very prompt response, I've been impressed with the speed of service.
That's what I have done in the past, but I can't even get on the site as an error message comes up all the time. Would you mind giving me the web address you used. Maybe the site is different to the one I have.
Thanks
http://corporate.disneylandparis.com/shareholders/shareholders-club/index-renew.xhtml?tab=tab3#contentj
hope it helps! I logged in first to the "your personal space" tab and then updated my form.
Read up on all the Shareholder stuff and finally got all my shares together but just when I wanted to become a member of the Shareholders club, the stopped accepting new members. This was on January 15th 2015, I got all my things sorted out on the 18th. You can imagine I was kind of dissapointed about that.
I emailed the contacts on the website and they are always quick with responding but they are vague on when they will allow members again. In Jan it was around the Summer. Early July it was end of the Summer and just today I got a response that it won't be before the end of 2015.
Shame as I have everything ready, I just need to be able to sign-up.
Apparently they are looking at the threshold and other conditions for new members to join. I just can't imagine it has to take so long to settle on the new number of minimum shares and other conditions.
You can bet on it that once they start accepting new members, the shares will become much more expensive too.
Doubtful. The shares are listed so they will cost whatever the market price is.
They may increase the number of shares you need to have though.
Quote from: HildeKitten on August 28, 2015, 08:22:18 PM
You can bet on it that once they start accepting new members, the shares will become much more expensive too.
I doubt it, to be honest.
If they raise the holding requirement, its doubtful it will be over 1000 shares. I'm guessing that most current (small) shareholders took advantage of the recent share offer and will already have 1000 shares. So, no massed buying of shares to meet the new criteria.
Just received this from Halifax, who we hold our shares with.
Does it just mean that they will buy back our shares for EUR1.25?
Its not an option to buy more at a cut price is it?
I think I can just ignore it and I will keep my original shares plus the extra ones I bought.
-----------------------------------------------------
EURO DISNEY S.C.A. - Tender Offer
Extension of Tender Offer.
EUR1.25 for each Euro Disney S.C.A. Ordinary share successfully tendered.
PLEASE NOTE THE SHORT DEADLINE APPLIED TO THIS TENDER OFFER. SHAREHOLDERS ARE ADVISED THAT THE DEADLINE FOR SUBMITTING INSTRUCTIONS TO US IS 20TH SEPTEMBER 2015.
You Have The Following Options:
1 Tender your holding of 1010 EURO DISNEY SCA EUR1 shares.
If you elect to accept the Offer, your EURO DISNEY SCA EUR1 shares will not be available for you to sell, unless this Tender lapses.
2 Tender part of your holding of 1010 EURO DISNEY SCA EUR1 shares.
If you elect to accept the Offer, your EURO DISNEY SCA EUR1 shares on which you have accepted the Offer will not be available for you to sell unless this Tender lapses.
--------------------------------------------------------------------------------
Important Information & Other Key Dates:
Further to the previously announced Euro Disney S.C.A. Tender Offer earlier this year, we write to inform you that the Autorite des marches financiers (AMF) have confirmed that the Paris Court of Appeal have rejected the appeals regarding the clearance decision of the Tender Offer. As a consequence the Tender Offer will now close on 24th September 2015.
Due to the uncertainty of any confirmed deadline for the Tender Offer and significant rise in the Company's share price, we previously withdrew all elections which had been made. This notification is therefore intended to allow shareholders who previously elected, the opportunity to reapply and will also allow shareholders who previously made no election the opportunity to do so should they so wish.
The Tender Offer is being made pursuant to legal and regulatory provisions of the Capital Increase. As a consequence of the increase of their shareholding, the Bidders are required under such provisions to initiate the Tender Offer on up to a maximum of 216,689,870 shares they do not already own.
Should you choose to tender your Euro Disney shares, we will confirm when the cash has been credited to your account.
The cash entitlements will be converted into Pounds Sterling at an exchange rate available at the time of receipt. Such rates will reflect the prevailing currency market at the time of conversion.
Please note that, your Ordinary shares will be removed from your account and will not be available for you to sell once your instruction has been accepted.
Before making any decision please take into consideration all relevant factors of the event including the current share price and any possible tax implications. If you require any further information in making your decision please contact an appropriate professional advisor.
Should you wish to find more information about the Tender Offer, please visit the Euro Disney website, http://corporate.disneylandparis.com/index.xhtml.
Hi. I also got this email. There doesnt seem to be any info on the shareholders website so Im not sure what it means. Do i take it that the French courts have not allowed Disney to keep/ sell a large proportion of shares and now they have ordered them to open the original offer but for effectively as many shares are available and not just for 9 per share. It looks like i could buy more or sell them back if i wish at 1.25(bearing in mind that they are now worth more). If I do nothing am I in the same position i was at the start of the recapitalisation? Bit of a worry why ghe courts are intervening though.
I received the same notification from Halifax. I had originally tendered some of my shares earlier in the year, but because of the court hearings in Paris everything was on hold, all my tendered shares were eventually returned to my account. I have decided to hold onto all the shares this time; the price offered by Euro Disney of 1.25 euro was fine when first offered at beginning of the year but it is now low compared to the share price of 1.32 euro @ 4pm today .
Does anybody have a scooby regarding this new "anti dilution" mechanism email?
Do we need to sell and rebuy...I have no idea what it is asking me to do?
Had 110 original shares.
Bought the extra now have 1000+
Didn't sell any
What are they asking me to do next?
Quote from: Slimy yet satisfying on October 16, 2015, 09:50:39 AM
Does anybody have a scooby regarding this new "anti dilution" mechanism email?
Do we need to sell and rebuy...I have no idea what it is asking me to do?
Had 110 original shares.
Bought the extra now have 1000+
Didn't sell any
What are they asking me to do next?
If I've understood things correctly, it's simply an offer to buy more share to a value of 1.25 EUR/share. And I believe those shares is those that The Walt Disney Company owns.
That's what I understood from my broker.
But, I hope that someone can correct me if I'm wrong.
Which, considering that they are trading at around 1.21 - 1.23 isn't a very good deal.
Also, if TWDC completely take over, how much will they give you for your shares?
We have received this on behalf of our son - lots of words, but it hasn't made things any clearer.
We initially bought 102 shares, then bought the additional shares at the discount price to bring the total up to 1020 shares.
--------------------------------------
Euro Disney SCA - Rights Issue - Your holding of 102 Shares
What is happening?
Euro Disney SCA has recently announced details of a Rights Issue giving you the opportunity to buy additional Shares. Euro Disney issued Technical A Rights to holders at the close of business on 16th January, Technical B Rights to holders at the close of business on 23rd February and Technical C Rights to holders at the close of business on 1 October 2015. As a holder of all three sets of Technical Rights in your Hargreaves Lansdown Vantage Fund & Share Account you are entitled to participate in the Rights Issue.
What are my choices?
You have been credited with 1.00984 Euro Disney SCA Rights for every complete set of Technical Rights held. You now have 2 options to consider and these are explained below in more detail.
Option 1 - Do nothing. If you do not return an election by the deadline of noon Thursday 5th November 2015, the Offer will lapse. It is not expected that any payment will be made in respect of Rights allowed to lapse.
Option 2 - You can purchase new Shares. The terms of the Rights Issue allow you to buy 1 new Share for each Right held. The new Shares will cost €1.25 each. You therefore have Rights to purchase up to 103 Shares which would cost €128.75 to take up in full. Please note that at the time of writing Euro Disney SCA Shares are trading in the market with a mid-market price of €1.24 per Share.
Payment for this Rights Issue is to be made in Euros. We will debit your account with the Sterling equivalent, subject to the prevailing exchange rate at that time and standard currency service fees. As such, we cannot confirm the exact amount in Sterling that will be debited from your account. Please ensure you have sufficient funds available within your Vantage Fund & Share Account to cover your purchase (including currency fluctuations) before giving an election.
How to make your choice
If you wish to take up your Rights please visit our Corporate Actions website and follow the instructions. Alternatively you can contact us on 0117 900 9000 to give an instruction subject to confirmation of your Master Password.
When do I have to decide by?
Any instruction to purchase Shares in the Offer must be received in this office by noon Thursday 5th November 2015. If no instruction is received the Rights Issue will lapse.
If you have any queries regarding this matter please contact us on 0117 980 9912. Please note that we can provide factual assistance but cannot provide advice about which option you should choose.
I would like clarification too but as i dont have a broker I am totally confused :-[
They are basically asking you if you want to buy more shares in DLP or not.
And I believe those shares they are asking you want to buy or not would come from the eighty something percent TWDC own at DLP now.
You have been credited at your account with rights to buy shares from TWDC.
Someone please correct me if I'm wrong
I think I understand. We are being given the option to buy a certain number of the shares currently owned by TWDC, rather tan from the open market?
Either the Halifax or Hargreaves Lansdowne have made a calculation error for us.
Our son (through HL) owned 102 shares, which we topped up to 1020 - they say he can buy 103 shares.
We (through Halifax) owned 101 shares, which we topped up to 1010 - they say we can buy 1019 shares.
Has anyone got a copy the calculation details that were recently issued?
Quote from: A&S&O on October 30, 2015, 04:42:14 PM
I think I understand. We are being given the option to buy a certain number of the shares currently owned by TWDC, rather tan from the open market?
Either the Halifax or Hargreaves Lansdowne have made a calculation error for us.
Our son (through HL) owned 102 shares, which we topped up to 1020 - they say he can buy 103 shares.
We (through Halifax) owned 101 shares, which we topped up to 1010 - they say we can buy 1019 shares.
Has anyone got a copy the calculation details that were recently issued?
Look at number 3 here:
https://salonmickey.wordpress.com/2015/10/16/euro-disney-anti-dilution-mechanism/
Can that help?
Quote from: norhel on October 30, 2015, 05:26:00 PM
Quote from: A&S&O on October 30, 2015, 04:42:14 PM
I think I understand. We are being given the option to buy a certain number of the shares currently owned by TWDC, rather tan from the open market?
Either the Halifax or Hargreaves Lansdowne have made a calculation error for us.
Our son (through HL) owned 102 shares, which we topped up to 1020 - they say he can buy 103 shares.
We (through Halifax) owned 101 shares, which we topped up to 1010 - they say we can buy 1019 shares.
Has anyone got a copy the calculation details that were recently issued?
Look at number 3 here:
https://salonmickey.wordpress.com/2015/10/16/euro-disney-anti-dilution-mechanism/
Can that help?
Thanks - as I read it, the number of shares you are entitled to is dependant on the number of shares held on 22nd February. HL are saying it is dependent on the number of shares held on 16th January.
What are people doing? Are they buying additional shares?
What would a company offer shareholders during a typical takeover?
I did the original top up
didnt sell any back and will not buy more
I hope that this will enable me to continue to enjoy membership of the shareholders club.
Allthis extra blurb is just confusing!
Quote from: Slimy yet satisfying on October 30, 2015, 06:10:24 PM
I did the original top up
didnt sell any back and will not buy more
I hope that this will enable me to continue to enjoy membership of the shareholders club.
Allthis extra blurb is just confusing!
I think the days of the shareholders club are numbered.
Incidentally, there is a "similar club" at Disneyland in California. It offers a few more benefits, but is more expensive to join.
"Corporate members pay an initiation fee of $40,000, and individual members pay $27,000 in addition to annual dues, which are about $12,000. Initiation and dues may change annually"
Quote from: Slimy yet satisfying on October 30, 2015, 06:10:24 PM
I did the original top up
didnt sell any back and will not buy more
Same for me.
Quote from: A&S&O on October 30, 2015, 06:20:16 PM
I think the days of the shareholders club are numbered.
I agree with you on that. I suspect that they'll let the current members have their priliveges until the card expires.
And at some point I also suspect that TWDC will be the one and only owner.
Quote from: norhel on October 30, 2015, 06:48:50 PM
Quote from: A&S&O on October 30, 2015, 06:20:16 PM
I think the days of the shareholders club are numbered.
I agree with you on that. I suspect that they'll let the current members have their priliveges until the card expires.
And at some point I also suspect that TWDC will be the one and only owner.
Although they won't want to keep Salon Mickey open (and manned) when their are only a few members, just on the off chance that one will want to use it.
Maybe they will let everyone extend until the same date, then after that it will be closed.
Quote from: A&S&O on October 30, 2015, 05:53:38 PM
Quote from: norhel on October 30, 2015, 05:26:00 PM
Quote from: A&S&O on October 30, 2015, 04:42:14 PM
I think I understand. We are being given the option to buy a certain number of the shares currently owned by TWDC, rather tan from the open market?
Either the Halifax or Hargreaves Lansdowne have made a calculation error for us.
Our son (through HL) owned 102 shares, which we topped up to 1020 - they say he can buy 103 shares.
We (through Halifax) owned 101 shares, which we topped up to 1010 - they say we can buy 1019 shares.
Has anyone got a copy the calculation details that were recently issued?
Look at number 3 here:
https://salonmickey.wordpress.com/2015/10/16/euro-disney-anti-dilution-mechanism/
Can that help?
Thanks - as I read it, the number of shares you are entitled to is dependant on the number of shares held on 22nd February. HL are saying it is dependent on the number of shares held on 16th January.
Sorry to keep banging on about this. I have contacted the shareholders club, but they said they couldn't tell me my entitlement (not what I asked them). I am still awaiting a response form Hargreaves Lansdown (our broker).
How many shares have people been offered - is it dependent on their holding in January or February?
thanks all
Quote from: A&S&O on November 02, 2015, 11:30:51 AM
Sorry to keep banging on about this. I have contacted the shareholders club, but they said they couldn't tell me my entitlement (not what I asked them). I am still awaiting a response form Hargreaves Lansdown (our broker).
How many shares have people been offered - is it dependent on their holding in January or February?
thanks all
Hi Again,
I have received a reply from my broker and they agree that my interpretation is correct and they will be updating all their customers accordingly.
Quote from: norhel on October 30, 2015, 06:48:50 PM
Quote from: A&S&O on October 30, 2015, 06:20:16 PM
I think the days of the shareholders club are numbered.
I agree with you on that. I suspect that they'll let the current members have their priliveges until the card expires.
And at some point I also suspect that TWDC will be the one and only owner.
I don't think so. For TWDC to become the only owner they have to "squeeze out" the other shareholder (forcing them to sell their stock to a price to be determined by an Independent third Party), something they could only do legally if they'd own at least 90% of the shares which is not the case.
If they planned on shutting down the Club they probably would have announced it before the whole restructuring process because then a lot of existing smaller shareholders would have reconsidered participating in the recapitalisation and sold their stock the latest in Phase II. I would have.
My guess is that the minimum number of shares to be owned will be raised significantly to 900 or 1000 shares.
Just received my shareholder email this morning. It seem that in January they are to be lookinv at the conditions of the club and mention that changes to terms will be made. It doesnt say that it is ending the club. Sorry cant attach mail.
News about the Membership of the Euro Disney S.C.A. Shareholders Club
Since Thursday, January 15th, 2015, new memberships (new members) have been suspended, at least for all the duration of the recapitalization plan.After this period, an analysis on the threshold of the minimum number of actions to be held by the new members will be done (probably at the beginning of 2016) before the implementation of new criteria for membership and/or new general conditions of the Shareholders Club.Since October 1st, 2015, the temporary certificates are no longer delivered or accepted. Only the membership cards that include a band with track (cards issued since October, 2012) are valid in the cash registers of shops, restaurants of Disneyland® Paris and for purchase of parks tickets and annual passports (not available by internet).
Please consider making your renewal at most 60 days before the date of expiration by filling up your online renewal form, available in the Shareholders Club section, on our institutional website:corporate.disneylanparis.com (Section : Your Personal Space).
Good to know that the shareholder's club isn't completely cancelled ;D I hope the required amount doesn't raise significantly though, I can't afford to buy too many more right now :(
I really hope that they don't discontinue the Shareholders Club as I really enjoyed Salon Mickey on my last visit! Please post any news people have!
So, Prince Alwaleed has participated in the 4th phase of the recapitalisation and continues to own 10% of DLP. This means that TWDC will NOT be able to buy out/squeeze out the remaining shareholders. So the shareholders club may continue. And from a shareholder's point of view it's good news too, as it shows that he still believes in the future of the resort. Investing 50m is nothing even he would do lightly.
Here's the release:
Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, injects additional investment in Euro Disney at €49.2 million (SR203.2 million) as part of Euro Disney's financial reconstructing, recapitalization, and new action plan, which commenced in April 2015, whereby KHC fully participated in the rights issue offered by the company. Thus, KHC maintains its 10% share ownership of the company.
In October 2015, KHC announced that French Sovereign Fund and leading French companies will acquire $150 of Kingdom Holding Company shares. Moreover, KHC that was represented by Prince Alwaleed and CDCIC (the French sovereign fund) that includes leading companies in France that was represented by Mr. Laurent Vigier, CEO of CDCIC signed an agreement in the presence of HE Laurent Fabius, French Minister of Foreign Affairs, HE Adel Aljubair, Saudi Foreign Minister and HE Dr. Tafiq Alrabiah, Saudi Minister of Commerce and Industry. The agreement would be intended to help advance bilateral economic co-operation through projects in the energy, construction, telecommunication, security, waste and water treatment and other related activities in the region.
Furthermore, Prince Alwaleed and Mr. Fabius discussed the deal of acquiring KHC's shares with a minimum amount of $150 million dollars (SR563 million). Moreover, the two discussed political, economic and cultural matters. They also discussed the bi-lateral relations between Saudi Arabia and France, and the strong relations between HRH and France, especially KHC's investments in France that are considered to be the largest Saudi Arabian presence in France through the ownership and management of the iconic landmark The Four Seasons Hotel George V, the management of Le Royal Monceau Hotel (Raffles), Disneyland, Paris (Euro Disney), 7 hotels in Disneyland, Paris, in addition to the management of the Grand Hotel du Cap Ferrat in the South of France, and through the presence of Citigroup. Also Prince Alwaleed's cultural contributions through Alwaleed Philanthropies that have donated US$20 million in 2005 to establish the center of Islamic Art at the Musée du Louvre.
Thanks for the info pfspock :)
The shares have now plummeted to 1.14. May be time to build up ownership in anticipation of a raise in the number of shares needed to be a shareholders club member?
Do people think the drop is as a result of the troubles in Paris, or because of the TWDC takeover?
First: There is no real TWDC takeover.They now own 76,71% of Euro Disney S.C.A. which is far less than what they originally intended.
And second: During the recapitalisation process the stock Price rose to 1.40 € so it would make no sense at all for it to plummet after the restructuring was complete. I think it's a given that the Terrorist attacks in Paris had a large Impact on the stock market, especially in Tourist destinations next to Paris.
But I think right now might be a good time to acquire more share.
Could TWDC force a takeover (there's a term for that, but I can't remember it)?
If they were to offer 1.20 per share, it would be above the market value, but below the price that people have recently paid.
No, they cannot. The term is "Squeeze Out" and they would need a minimum of 90% of the shares. I'm pretty sure that's what they originally intended even though they denied it. But with Prince Alwaleed keeping his 10% share only one more shareholder holding one share would be enough to prevent this from happening.
And for a "Squeeze out" to happen they cannot offer a price, this has to be determined by an independent third party based on all the assets.
So, basically, you can rule this option out.
Hello everyone,
I read a while back (can't remember where!), That the determination on the number of shares required to be part of the shareholders club, and opening up to new members, would begin early January 2016.
I just wondered if there is any new news!
Thanks!
Quote from: cdd89 on January 17, 2016, 10:09:03 PM
Hello everyone,
I read a while back (can't remember where!), That the determination on the number of shares required to be part of the shareholders club, and opening up to new members, would begin early January 2016.
I just wondered if there is any new news!
Thanks!
No, nothing new info yet.
Thanks, I continue to wait with bated breath!
Then again, if it is a ridiculous number of shares, I guess I'll be passing on it anyway. But the anticipation is killing me! :)
The advantages and services will be identical. After this period of suspension, probably in March 2016, an analysis on the threshold of the minimum quantity of shares to be held by the new members will be led before the coming into force of new membership criteria and/or new general conditions (terms) of the Shareholders Club.
small update on corporate site over last few days!
ooh, not long to wait now then. I'm expecting it to be quite a bit more than we've bought!
So, applications for the Shareholders Club will be accepted from March 10 onward, with a minimum amount of 1,000 Shares to be held. The Membership will be Extended to five years.
just read this myself, it's what I was expecting to be honest.
Haven't received anything yet. Where did you see that? Hope its true cos I bought full quota and have 1010 shares!
Ok. Found the link. My card doesnt expire until Sept. Do I need to renew now under the new conditions or wait until 60 days before? Does it also mean that people with existing cards and less than 1000 shares are now unable to use their cards?
Quote from: Slimy yet satisfying on March 09, 2016, 04:35:42 PM
Ok. Found the link. My card doesnt expire until Sept. Do I need to renew now under the new conditions or wait until 60 days before? Does it also mean that people with existing cards and less than 1000 shares are now unable to use their cards?
Purely guesswork, but I would assume that your card is valid until it expires - wait until 60 days before it expires, then apply for a new one.
Again, purely guesswork, but I assume people with existing cards can continue to use them until they expire.
Quote from: Slimy yet satisfying on March 09, 2016, 04:35:42 PM
Ok. Found the link. My card doesnt expire until Sept. Do I need to renew now under the new conditions or wait until 60 days before? Does it also mean that people with existing cards and less than 1000 shares are now unable to use their cards?
If I'm not mistaken, you have to wait until you are within the 60 days to renew.
And regarding the minimum shares, my guess is that people with less that 1000 shares can't renew.
By the way, I've just sent a message to the shareholders club, with a few questions since I have shares through two different brokers. One with under the minimum amount, and one over.
When I renewed my membership a couple of years back, I used the broker that I now have under the minimum amount of shares through. And at the other broker I have over the new minimum.
So I just sent an message to the club asking if it is any problem to use the other broker to renew my membership. Should be interesting to hear what they say.
Quote from: A&S&O on March 09, 2016, 04:59:20 PM
Quote from: Slimy yet satisfying on March 09, 2016, 04:35:42 PM
Ok. Found the link. My card doesnt expire until Sept. Do I need to renew now under the new conditions or wait until 60 days before? Does it also mean that people with existing cards and less than 1000 shares are now unable to use their cards?
Purely guesswork, but I would assume that your card is valid until it expires - wait until 60 days before it expires, then apply for a new one.
Again, purely guesswork, but I assume people with existing cards can continue to use them until they expire.
I also assume that those with the existing card won't be affected.
At the official site at http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml (http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml) they are now saying:
QuoteAttention: Members of the Shareholders Club who joined the Club prior to March 9th, 2016 must also renew their card at the earliest 60 days before the expiration of their card and at the latest 60 days after the expiration (versus an unlimited period before). After this delay, the new membership criteria (holding of a minimum of 1000 shares) will apply will apply.
Hi,
It's a little ambiguous but to me this reads like as long as you apply to rejoin 60 days before or after then, as long as you still hold the same or more as you did when you applied previously, you can rejoin, but if you go over 60 days you have to rejoin under the new conditions (per that magic 'or') - it's just 'new' (never joined before or lapsed) members that need to hold 1000 shares - at least this is what I'm hoping! On the other hand it could just be poor translation! ::)
Quote from the email
"Please consider making your renewal at the earliest 60 days before the expiration of their card and at the latest 60 days after the expiration of their card or new conditions (holding a minimum of 1000 shares) will apply for members who joined the Shareholders Club prior to March 9th, 2016."
Quote from the website
"Attention: Members of the Shareholders Club who joined the Club prior to March 9th, 2016 must also renew their card at the earliest 60 days before the expiration of their card and at the latest 60 days after the expiration (versus an unlimited period before). After this delay, the new membership criteria (holding of a minimum of 1000 shares) will apply."
Fingers crossed.
Edit:
:'( The more I re-read the website I think it more likely that existing members will also have to have 1000 shares at the time of renewal. Guess I'm fortunate that I only renewed last month!
Edit:
Yay! I was right after all - phew!
This is very disappointing news... and a damn disgrace to current shareholders of 100 shares as it currently stands.
Can anyone remember quite a few months ago that is was said that the Shareholders Club will be adjusted for shares required, but it would only affect new shareholders. Rubbish! If you mean current as in before 2005 then fine, as it was October 2000 before that. I'm awaiting some form of response from the club regarding the following>>
Dear Shareholders Club
I would just like to state that I am very disappointed at the news. It was understood many months ago that changes would be made to the quantity of shares required for the club, but this should not affect current shareholders.
This has not been the case. I joined in June 2009 with 30 shares so I did not have to pay an admin fee of 30 euros for the two years, then when the shares went up a few years later from 30 to 100 I paid for more at approx. £400 to remain in the shareholders Club. If you joined before October 2000 and owning a minimum of 5 shares you were not affected by this increase. Now a few years further on I am being asked to purchase 900 more, again the shareholders that are exempt are for individuals with shares before 2005 who again own a minimum of 5 shares, which to be honest is a double kick in the teeth.
Out of the shareholder card benefits I can only use the discounts on purchases, in the UK 10% at all Disney Stores and 15% in the parks. It would not be worth it for me to buy another 900 shares since I can never take advantage of all the discounts and shareholder meetings as I live in the UK. My opinion is you need another club for outsiders who cannot take advantage of all the benefits you receive being in the DLP Shareholders Club.
I have visited DLP since 2005 and I am going again this August which will be my 13th Trip. Hearing this announcement has left me in disbelief. I'm sure there will be thousands like me having to sell shares as they are worthless. I like many others were not happy with the Walt Disney Company wanting to buy up the majority shares from the public, though the mechanism to adjust all shares was agreed at the AGM, which I could not attend.
I never sold mine under the anti-dilution mechanism as it was not a money matter it was as I started only to be part of the Shareholders Club. Now I'm being squeezed out like many other loyal visitors. I've heard of obtaining shares from shareholders through various methods and tactics but if you don't want to sell you don't want to sell. Now with this announcement it looks like they have got their way indirectly making people sell their current 100 shares which are required for the club at present, as they will be worthless for the club by the end of March.
I truly feel there has been a fixed agenda to trim down individuals in the shareholders club in a very mean way. Like I say 30 to 100 shares is one thing but 100 to 1000 is quite another.
If the idea is to make money, then I feel that people like myself with under the allowance will just sell their shares on and drop out of the club, just so that the Walt Disney Company can buy them up as they wanted in the first place. I know my family spends at the parks over 12 visits are in the region of just over £10,000 and I can imagine guests like myself who had Shareholder Club Cards will spend less in future as there is no incentive to spend more. As you can tell I'm very disappointed at this news, where indications were made that current shareholders will not be affected, only new shareholders. Now its only shareholders before 2005 which are not affected. Even the subscription payment option has gone if you had under the amount of shares required.
From a very loyal disgruntled guest!
All I can say is Money.. Money... Money!!!
So, I go the reply on the questions I asked the shareholders club earlier today:
QuoteDear Shareholders Club member,
The Shareholders club confirms that these new applicable general
conditions from March 10th, 2016 concern ONLY THE NEW MEMBERS who have
to hold 1000 shares minimum.
The former members of the Club (until March 9th, 2016) ARE NOT
IMPACTED by these new conditions if they make the renewal of their
card at the latest in 60 days following its expiration date.
The new cards validity will be of 5 years for all the Club members.
The current cards REMAIN VALID UP TO THE EXPIRATION DATE and will not
be reproduced with the 5-year term.
This new 5-year term will be applicable only during the renewal.
However, the former members of the Club (before March 10th, 2016)
will see applying the new criteria of 1000 shares if they do not make
by their renewal in 60 days after the expiration date.
Feel free to contact us for any further information.
Yours sincerely,
EURO DISNEY S.C.A.
Shareholders Club
Free line: 00800 64 74 56 30 *
Tel.: +33 (0)1 64 74 56 30
Fax: + 33 (0)1 64 74 56 36
E-Mail: eurodisney@clubactionnaires.com [1]
Website: corporate.disneylandparis.com [2]
(*) From France, United Kingdom, Germany, Belgium, Netherlands, Spain
and Italy from a land line, national operators only
Links:
------
[1] mailto:eurodisney@clubactionnaires.com
[2] http://corporate.disneylandparis.com
So, apparently if I, and all the exiting member to today's date renew no later than 60 days after the card expires, is not impacted by the new rules.
Yes, great news for all current members!!!! :D :D :D
Dear Shareholders Club member,
The Shareholders club confirms that these new applicable general conditions from March 10th, 2016 concern only the new members who have to hold 1000 shares minimum.
The former members of the Club (until March 9th, 2016) are not impacted by these new conditions if they make the renewal of their card at the latest in 60 days following its expiration date.
The new cards validity will be of 5 years for all the Club members.
The current cards remain valid up to the expiration date and will not be reproduced with the 5-year term.
This new 5-year term will be applicable only during the renewal.
However, the former members of the Club (before March 10th, 2016) will see applying the new criteria of 1000 shares if they do not make by their renewal in 60 days after the expiration date.
Feel free to contact us for any further information.
So does that mean in May 2017 when my card expires as long as I renew it within 60 days, my 100 shares will still stand to renew membership for 5 years now. Then the same again after that.
What I'm reading unless I've picked it up totally wrong is that if your a present member of the shareholders club, you do not need 1000 shares, just the 100 as it was as long as you don't let your card expire more than 60 days. Otherwise obviously you would need to re-apply as a new member?
Quote from: Javey74 on March 09, 2016, 07:16:17 PM
So does that mean in May 2017 when my card expires as long as I renew it within 60 days, my 100 shares will still stand to renew membership for 5 years now. Then the same again after that.
What I'm reading unless I've picked it up totally wrongg is that if your a present member of the shareholders club, you do not need 1000 shares, just the 100 as it was as long as you don't let your card expire more than 60 days. Otherwise obviously you would need to re-apply as a new member?
That is my understanding as well.
But then again what's all this about members of the club before 2005 are the only ones excluded from the criteria?
Quote from: Javey74 on March 09, 2016, 07:19:45 PM
But then again what's all this about members of the club before 2005 are the only ones excluded from the criteria?
I remember reading something somewhere that there was something about that the rules of the shareholders club at that time, and something about changes at the club and the EDL finances at that time making the rules for them. But don't quote me 100% on that.
Quote from: norhel on March 09, 2016, 07:23:46 PM
Quote from: Javey74 on March 09, 2016, 07:19:45 PM
But then again what's all this about members of the club before 2005 are the only ones excluded from the criteria?
I remember reading something somewhere that there was something about that the rules of the shareholders club at that time, and something about changes at the club and the EDL finances at that time making the rules for them. But don't quote me 100% on that.
If you go to http://www.independent.co.uk/news/business/analysis-and-features/losing-the-magic-how-euro-disney-became-a-nightmare-2132892.html (http://www.independent.co.uk/news/business/analysis-and-features/losing-the-magic-how-euro-disney-became-a-nightmare-2132892.html) and scroll way down, it says:
QuoteHowever, in fairy-tale land lightning can strike twice, and in March 2002, Euro Disney opened the Studios Park, just as the post-11 September tourism downturn began to bite. This time, its saviour came in the form of a €250m rights issue in 2005 with Alwaleed again riding to the rescue by personally putting in €25m. It left 10 per cent of Euro Disney's shares in his hands, with 50.2 per cent floated on the Paris Euronext and the remainder held by the Walt Disney Company.
I have no idea if that has something to do about it.
They were fast replying>>
Dear Shareholders Club member,
The Shareholders club confirms that these new applicable general conditions from March 10th, 2016 concern only the new members who have to hold 1000 shares minimum.
The former members of the Club (until March 9th, 2016) are not impacted by these new conditions if they make the renewal of their card at the latest in 60 days following its expiration date.
The new cards validity will be of 5 years for all the Club members.
The current cards remain valid up to the expiration date and will not be reproduced with the 5-year term.
This new 5-year term will be applicable only during the renewal.
However, the former members of the Club (before March 10th, 2016) will see applying the new criteria of 1000 shares if they do not make by their renewal in 60 days after the expiration date.
Feel free to contact us for any further information.
So basically I am exempt from the new criteria and can still apply with my 100 shares. Pheeewww :o
Why did they not just say "Current Shareholder Club Members will be exempt from the criteria, as long as they don't let their card expire more that 60 days past their renewal date". Would have been plain English to me. I wonder if the translation into english made it seem problematic with what they were trying to say. :)
Quote from: Javey74 on March 09, 2016, 07:37:18 PM
They were fast replying>>
Dear Shareholders Club member,
The Shareholders club confirms that these new applicable general conditions from March 10th, 2016 concern only the new members who have to hold 1000 shares minimum.
The former members of the Club (until March 9th, 2016) are not impacted by these new conditions if they make the renewal of their card at the latest in 60 days following its expiration date.
The new cards validity will be of 5 years for all the Club members.
The current cards remain valid up to the expiration date and will not be reproduced with the 5-year term.
This new 5-year term will be applicable only during the renewal.
However, the former members of the Club (before March 10th, 2016) will see applying the new criteria of 1000 shares if they do not make by their renewal in 60 days after the expiration date.
Feel free to contact us for any further information.
So basically I am exempt from the new criteria and can still apply with my 100 shares. Pheeewww :o
Why did they not just say "Current Shareholder Club Members will be exempt from the criteria, as long as they don't let their card expire more that 60 days past their renewal date". Would have been plain English to me. I wonder if the translation into english made it seem problematic with what they were trying to say. :)
This did my head in. My current membership expires in Feb 2018, so if I re-apply up to 60 days after Feb 2018 I get a renewal that lasts for 5 years???
Just received my second email from the Club, clarifying the qualifying criteria.
I understand it to mean that, as long as existing members renew their membership within the usual 60 days of expiration, the previous criteria will still apply (i.e. min. 100 shares, etc.). Only new applicants must have 1000 shares.
<high fives all around>
;D ;D ;D ;D ;D ;D ;D
Yes, after several emails they clarified it. My current membership expires Feb 2018 and if I renew within 60 days of this date, I get the 5 year deal using my 100 shares
Hi all,
I am looking at buying some Euro Disney S.C.A. (EDL) shares. Would you say that Halifax is still the easiest/best place to do it through?
Those that have a Halifax account, is it the Halifax Share Dealing Account that you have?
From looking at the Halifax website, it looks like the costs are going to be:
the share price, plus the online dealing commission charge of £12.50 per trade, plus the foreign currency charge of 1.25% per trade. Are there any other costs involved?
Is the account easy to use and is there help available if I have problems?
Many thanks.
It is pretty straightforward through halifax but remember if you are not already a shareholder member the new threshold is 1000 shares
Quote from: CitrusZing on March 28, 2016, 03:12:40 PM
Hi all,
I am looking at buying some Euro Disney S.C.A. (EDL) shares. Would you say that Halifax is still the easiest/best place to do it through?
Those that have a Halifax account, is it the Halifax Share Dealing Account that you have?
From looking at the Halifax website, it looks like the costs are going to be:
the share price, plus the online dealing commission charge of £12.50 per trade, plus the foreign currency charge of 1.25% per trade. Are there any other costs involved?
Is the account easy to use and is there help available if I have problems?
Many thanks.
It's really easy using the Halifax share dealing, when you search for the shares, tick the international box and type EDL in the company search.
Quote from: Slimy yet satisfying on March 28, 2016, 04:09:40 PM
It is pretty straightforward through halifax but remember if you are not already a shareholder member the new threshold is 1000 shares
It's OK, I've accepted that it may take me a while to buy 1,000 shares.
Quote from: Samninetysix on March 28, 2016, 06:45:35 PM
It's really easy using the Halifax share dealing, when you search for the shares, tick the international box and type EDL in the company search.
Thank you.
Quote from: CitrusZing on March 28, 2016, 03:12:40 PM
From looking at the Halifax website, it looks like the costs are going to be:
the share price, plus the online dealing commission charge of £12.50 per trade, plus the foreign currency charge of 1.25% per trade. Are there any other costs involved?
Is the account easy to use and is there help available if I have problems?
Many thanks.
Once a month they have a special offer where you can trade for (I think) £3.95 instead of the usual £12.50.
Does anyone know whether the Shareholder restaurant discount can be combined with the Passholder restaurant discount? Or is it one or the other (in which case the Shareholder offers the better discount!)
Thanks!
cdd89
No, you cannot Combine Discounts in any case as stated in the General Membership Conditions.
Well that's my renewal done and the easiest one to date; signed it off uploaded new picture emailed docs over and received
automated reply with another email following day to confirm acceptance and that card is on its way. Here's to another 5 years of being in the club. :D
Quote from: pfspock on April 12, 2016, 03:54:17 PM
No, you cannot Combine Discounts in any case as stated in the General Membership Conditions.
Thanks very much to the confirmation :)
Out of interest, does this include the "Disney Dream" pass holder aperitif (I.e. Are you not eligible for this if you use the shareholder discount)?
Thanks!
Quote from: CitrusZing on March 28, 2016, 03:12:40 PM
Hi all,
I am looking at buying some Euro Disney S.C.A. (EDL) shares. Would you say that Halifax is still the easiest/best place to do it through?
Those that have a Halifax account, is it the Halifax Share Dealing Account that you have?
From looking at the Halifax website, it looks like the costs are going to be:
the share price, plus the online dealing commission charge of £12.50 per trade, plus the foreign currency charge of 1.25% per trade. Are there any other costs involved?
Is the account easy to use and is there help available if I have problems?
Many thanks.
For those of you in the UK that are looking to buy Disneyland Paris shares, the next Halifax "offer" day is 27th April. All broker fees for trades cost £3.95. Trades on the Paris market can usually be done at any time that the market is open on this day.
Not endorsing Halifax at all, just being helpful. Other brokers are available.
Just a quick question. The share price have been floating around 1.25 EUR for the last year. What are your thoughts about the share price are gonna go up in the future?
I'm trying to renew my shareholders membership, but the corporate link in the Disney website keeps coming up with a 404 error. Is anyone else having problems?
Quote from: MrsPirate on June 22, 2016, 10:50:55 AM
I'm trying to renew my shareholders membership, but the corporate link in the Disney website keeps coming up with a 404 error. Is anyone else having problems?
Do you visit the website from cellphone, tablet or a computer? I know that if you visit from a tablet or a cellphone you get a error message. That is just what I know from former experience.
Quote from: norhel on June 22, 2016, 12:45:40 PM
Quote from: MrsPirate on June 22, 2016, 10:50:55 AM
I'm trying to renew my shareholders membership, but the corporate link in the Disney website keeps coming up with a 404 error. Is anyone else having problems?
Do you visit the website from cellphone, tablet or a computer? I know that if you visit from a tablet or a cellphone you get a error message. That is just what I know from former experience.
i get this message also using safari on a mac, it works fine on chrome and probably firefox.
Quote from: cjebs on June 22, 2016, 12:51:25 PM
Quote from: norhel on June 22, 2016, 12:45:40 PM
Quote from: MrsPirate on June 22, 2016, 10:50:55 AM
I'm trying to renew my shareholders membership, but the corporate link in the Disney website keeps coming up with a 404 error. Is anyone else having problems?
Do you visit the website from cellphone, tablet or a computer? I know that if you visit from a tablet or a cellphone you get a error message. That is just what I know from former experience.
i get this message also using safari on a mac, it works fine on chrome and probably firefox.
That was the problem. Thank you.
Hiya all,
Quick question on becoming a shareholder,
I am going on November 21st, i am thinking of getting some this week but have a few questions
1- How many do I need?
2- What discounts do you currently get for being a shareholder
3- ( And most importantly ) will it arrive in time for November
Many thanks
1 - 1000 shares. Current price E1.24 / £1.05
2 - Shareholders Club members can enjoy 15% discounts in table service and buffet restaurants, 15% discounts on products purchased at Disneyland Paris boutiques, 15% discounts on Park Passports, etc.
3 - almost certainly.
More info - http://corporate.disneylandparis.com/shareholders/shareholders-club/index.xhtml
We're disappointed to find that we can't get shareholders discount on renewing our APs without losing the 6 months extension offer.
You either get 18 months for the price of 12 without shareholers discount, OR you get 12 months with 15% discount.
Also, you can't buy/renew by post and get shareholders discount as they need to physically see your shareholders membership card.
Yup. It is annoying either you get the discount or get the 6 months free but pay full price. We opted to pay full price and renew rather than wait until December to buy new passes due to the expected hefty price rise. We thought that the 15% discount was unlikely to be offset with the projected price hike from November.
Quote from: Slimy yet satisfying on August 16, 2016, 11:10:16 PM
Yup. It is annoying either you get the discount or get the 6 months free but pay full price. We opted to pay full price and renew rather than wait until December to buy new passes due to the expected hefty price rise. We thought that the 15% discount was unlikely to be offset with the projected price hike from November.
We've decided to wait and buy afresh during the second half of August next year, that way we can use it during the first half of August the following year. Getting two long summer holidays out of one pass should negate the hefty price rise - unless it more than doubles.
How much shares do you need to buy to qualify for these discounts?
I think for new shareholders the minimum holding required to receive discounts is 1000 shares, they are approx. 1.25 euros each.
So it would cost me €1250 to qualify. But why would i do this as opposed to just buying x5 APs and getting 20% discount on that price? All the discounts are aid the same or am i missing something?
The qualifying amount recently increased which is why it isn't such a great option for new shareholders but yes there are numerous other discounts and special offers including exclusive invites to openings of new rides, premiers of new films shown in the park, first dibs on special event tickets at reduced costs and often heavily reduced hotel stays for general meetings.
Cool 😎. I think the AP option will do me though ☺
Quote from: irishbhoy1888 on August 17, 2016, 01:09:49 PM
So it would cost me €1250 to qualify. But why would i do this as opposed to just buying x5 APs and getting 20% discount on that price? All the discounts are aid the same or am i missing something?
For you personally, if you just want discount on 5 APs, then 20% is better.
For other people who are buying less than 5 APs, or who want the perks - don't forget access to Salon Mickey, and they have 1250 Euros to tie up, then Shareholders Club is an option.
Yes, APs for me it is.you couldn't bring my kids into salon mickey, it would be like a war zone in no time ☺
Haha! Yes, you might be right but on the otherhand I have seen adults throw a hissyfit when the lemon muffins run out in Salon Mickey!
With all the rumours of changes to the Shareholders club and Salon Mickey in particular, what do people think DLP get out of the club?
Personally I don't see why they let it continue. It must be quite a drain on resources and finances.
I think they were hoping that the recent restructuring would see people sell their shares, with the aim that TWDC could buy them all up. Without the Shareholders Club, what would be the point of being a minor shareholder?
I can see the Shareholders club in its current format closing. Maybe they would launch something similar, but with an annual fee (or joining fee)? Maybe this would be tied in with the rumoured new AP structure?
QuoteWith all the rumours of changes to the Shareholders club and Salon Mickey in particular, what do people think DLP get out of the club?
Personally I don't see why they let it continue. It must be quite a drain on resources and finances.
What are the rumoured changes? The only rumours I'm aware of are the APs possibly being overhauled, including access (presumably in the afternoon) being given to Salon Mickey for some passes. I would be very interested to know about possible changes to the Shareholders Club ;)
QuoteI think they were hoping that the recent restructuring would see people sell their shares, with the aim that TWDC could buy them all up. Without the Shareholders Club, what would be the point of being a minor shareholder?
This would indeed have been TWDC's hope, but a few too many people kept hold of their shares... they therefore kept the Shareholders Club open. I was surprised (very pleasantly so, I might add! ;D )
Quote
I can see the Shareholders club in its current format closing. Maybe they would launch something similar, but with an annual fee (or joining fee)? Maybe this would be tied in with the rumoured new AP structure?
Since they only recently re-structured the Shareholders Club membership criteria, and increased the membership term to 5-years, they're unlikely to have much of a plan to close it down within that timeframe?
I kinda agree with Sulley's Arms that the shareholders club isn't gonna change very soon.
It they where to change it in a bigger perspective, they would have done it at the last change.
Or at least that's what my gut feeling says.
That the membership now is for 5 years, might already give them less work.
QuoteWith all the rumours of changes to the Shareholders club and Salon Mickey in particular, what do people think DLP get out of the club?
Can I ask where you have seen this?
Quote from: Sulley's Arms on October 11, 2016, 03:22:10 PM
QuoteI think they were hoping that the recent restructuring would see people sell their shares, with the aim that TWDC could buy them all up. Without the Shareholders Club, what would be the point of being a minor shareholder?
This would indeed have been TWDC's hope, but a few too many people kept hold of their shares... they therefore kept the Shareholders Club open. I was surprised (very pleasantly so, I might add! ;D )
When the restructuring was happening, I had a feeling that TWDC was gonna take fully over DLP. But I stand corrected on that.
Looks like TWDC are going to get their own way after all (fully accept that there are pros and cons to this).
The timescale of a takeover is quite short too - possibly completed by the middle of the year?
No one probably knows the answer to this, but how will it affect the Shareholders club - we've just received our new, valid for 5 years membership cards.
I couldn't work out whether shareholders would be given cash in exchange for their shares or shares in TWDC, can anyone enlighten me? Does share ownership in TWDC offer any perks - discounts or dividends?
Quote from: A&S&O on February 11, 2017, 12:23:01 PM
Looks like TWDC are going to get their own way after all (fully accept that there are pros and cons to this).
The timescale of a takeover is quite short too - possibly completed by the middle of the year?
No one probably knows the answer to this, but how will it affect the Shareholders club - we've just received our new, valid for 5 years membership cards.
I couldn't work out whether shareholders would be given cash in exchange for their shares or shares in TWDC, can anyone enlighten me? Does share ownership in TWDC offer any perks - discounts or dividends?
Regarding the club, hard to say yet. My guess is that as long as you have a card now, that's valid until it's expires.
But that's just a guess. Only time would tell.
Regarding shares in TWDC, I have shares there, but they don't come with any perks. Only dividends.
And from what I understand, you get shares in TWDC, not cash.
Quote from: norhel on February 11, 2017, 01:41:22 PM
Quote from: A&S&O on February 11, 2017, 12:23:01 PM
Looks like TWDC are going to get their own way after all (fully accept that there are pros and cons to this).
The timescale of a takeover is quite short too - possibly completed by the middle of the year?
No one probably knows the answer to this, but how will it affect the Shareholders club - we've just received our new, valid for 5 years membership cards.
I couldn't work out whether shareholders would be given cash in exchange for their shares or shares in TWDC, can anyone enlighten me? Does share ownership in TWDC offer any perks - discounts or dividends?
Regarding the club, hard to say yet. My guess is that as long as you have a card now, that's valid until it's expires.
But that's just a guess. Only time would tell.
Regarding shares in TWDC, I have shares there, but they don't come with any perks. Only dividends.
And from what I understand, you get shares in TWDC, not cash.
Can you remember what sort of return you get per share?
I have 10 TWDC shares (have had them for about 15 years) and get a return of about £4.50 every six months or so.
Quote from: A&S&O on February 11, 2017, 02:00:52 PM
Quote from: norhel on February 11, 2017, 01:41:22 PM
Quote from: A&S&O on February 11, 2017, 12:23:01 PM
Looks like TWDC are going to get their own way after all (fully accept that there are pros and cons to this).
The timescale of a takeover is quite short too - possibly completed by the middle of the year?
No one probably knows the answer to this, but how will it affect the Shareholders club - we've just received our new, valid for 5 years membership cards.
I couldn't work out whether shareholders would be given cash in exchange for their shares or shares in TWDC, can anyone enlighten me? Does share ownership in TWDC offer any perks - discounts or dividends?
Regarding the club, hard to say yet. My guess is that as long as you have a card now, that's valid until it's expires.
But that's just a guess. Only time would tell.
Regarding shares in TWDC, I have shares there, but they don't come with any perks. Only dividends.
And from what I understand, you get shares in TWDC, not cash.
Can you remember what sort of return you get per share?
For the last divided a month ago I got 0.78 USD per share.
And for the dividend in July last year it was 0.71 per share.
My understanding is that the TWDC shares were offered specifically for Prince Alwaleed's holding.
All the reports I've read say that 2 Euros cash will be offered for the other outstanding shares (e.g. small shareholders like us)
As I only hold 100 shares at the moment cash would be fine as the €200 value wouldn't even buy two TWDC shares, they are currently over $100 each.
Sad at the thought of shareholders club going, but overall am happy at the prospects for DLP's future.
Quote from: jj554 on February 11, 2017, 05:12:06 PM
My understanding is that the TWDC shares were offered specifically for Prince Alwaleed's holding.
All the reports I've read say that 2 Euros cash will be offered for the other outstanding shares (e.g. small shareholders like us)
I stand corrected.
I just went back to read whatsupanders's post at https://forum.dlpguide.com/index.php?topic=21959.0 and I misread the post when I first read it.
Has the Shareholders Club website been taken down?
Error 404.
Quote from: A&S&O on March 02, 2017, 12:50:17 PM
Has the Shareholders Club website been taken down?
Error 404.
It work at my end. Do you access it via a tablet or smartphone? From earlier experience it looks like you need to go through a pc.
Quote from: norhel on March 02, 2017, 03:44:14 PM
Quote from: A&S&O on March 02, 2017, 12:50:17 PM
Has the Shareholders Club website been taken down?
Error 404.
It work at my end. Do you access it via a tablet or smartphone? From earlier experience it looks like you need to go through a pc.
corporate.disneylandparis.com gives me error 404 on a Disneyesque background. This is from a PC.
So, today is the first day of the end-game for members of Club Actionnaires.
The share offer document gets filed with the AMF today.
April 21st TWDC will make the offer to remaining shareholders.
May 19th is the final day of the offer.
By June 12th TWDC will have the legal right to perform a mandatory buy-out of all remaining shares (unless pretty much ALL remaining shareholders keep their shares - which simply won't happen!).
Then, no more Shareholders Club...
I'm really going to miss Salon Mickey. :'( :'( :'(
I'll also miss Salon Mickey :'(
Still 2 Euros a share isn't a bad return, this fill fund my next visit!
Hopefully it will still be open in mid May for our next trip. I may have to fill my boots with lemon muffins!
Awesome news!
Club Actionnaires wil remain for the next 10 years following de-listing of Euro Disney SCA.
This week's #DLP25 feel-good factor continues!
I'm going to tie my leg to a rock for fear of floating away with glee!
Quote from: Sulley's Arms on March 31, 2017, 10:08:27 AM
Awesome news!
Club Actionnaires wil remain for the next 10 years following de-listing of Euro Disney SCA.
Where has this news been published?
In what format will it continue? Salon Mickey? Discounts? What will happen to Cards when they expire?
So many questions!!
Quote from: Sulley's Arms on March 31, 2017, 10:08:27 AM
Awesome news!
Club Actionnaires wil remain for the next 10 years following de-listing of Euro Disney SCA.
This week's #DLP25 feel-good factor continues!
I'm going to tie my leg to a rock for fear of floating away with glee!
Where is it published? What's your source?
It was announced this morning during the AGM by Mark Stead
Quote from: norhel on March 31, 2017, 03:11:50 PM
Quote from: Sulley's Arms on March 31, 2017, 10:08:27 AM
Awesome news!
Club Actionnaires wil remain for the next 10 years following de-listing of Euro Disney SCA.
This week's #DLP25 feel-good factor continues!
I'm going to tie my leg to a rock for fear of floating away with glee!
Where is it published? What's your source?
The AGM yesterday morning.
Brilliant news!
I notice the 'Personal Space' login page is suspended on the Shareholders Club site.
"Operation suspended,
More precision as of Monday 3 April 2017"
I got an email today confirming this.
All new member requests and renewals are suspended, basically if you have a current Shareholder card that is expiring you can ignore the expiry date and keep on using it, they'll make sure the cards magnetic strip remains active.
After the de-listing is complete they will issue everyone a new card with 10 year validity.
Received email; confirming 10 year extension of shareholder card with same benefits as exisiting card
Now would be a good time to update the photo that they put on your card if you don't like it - you'll have it for another 10 years!
Quote from: A&S&O on April 03, 2017, 02:46:27 PM
Now would be a good time to update the photo that they put on your card if you don't like it - you'll have it for another 10 years!
Not a bad shout!
However they've already locked (I'll avoid use of the word Frozen...) the portal so we can no longer login (perhaps need to be quick immediately after the end of 'the operation'!)
From the excellent Salon Mickey website -
Euro Disney S.C.A. reserves the right to modify without prior notice the general conditions and/or the eligibility conditions and/or the characteristics of the Shareholders Club, including the different types and levels of offers and discounts proposed to the members of the Shareholders Club.
Euro Disney S.C.A. also reserves the right to terminate Shareholders Club activities for any reason and at any moment, in which case it commits to honour all reservations made up to and including the dates benefiting from a Shareholders Club discount.
So they could change thieir mind anytime after the takeover...
So are we supposed to sell our shares now or wait till we receive formal notification? I havent heard anything from Halifax. When they changed it some years back they got in contact but nothing as yet. Any ideas?
I believe it said we'll be contacted through agent companies. Possible delay now though due to CIAM statement on unfair share offer price.
Time will tell...
Salon Mickey is reporting that the takeover has been approved.
Correct me if I'm wrong -
If we sell now on the stockmarket , we get the current price of €2.00, but will pay brokerage fees.
I understand that we will be contacted about the takeover, with TWDC offering to buy at €2.00 and they will bear the cost of fees?
What happens if we refuse to sell, but they get the required %age of shares to force a takeover?
Will we still get €2.00? Will we get nothing? Will we get whatever they decide to give us?
Quote from: A&S&O on April 26, 2017, 02:52:41 PM
Salon Mickey is reporting that the takeover has been approved.
Correct me if I'm wrong -
If we sell now on the stockmarket , we get the current price of €2.00, but will pay brokerage fees.
I understand that we will be contacted about the takeover, with TWDC offering to buy at €2.00 and they will bear the cost of fees?
What happens if we refuse to sell, but they get the required %age of shares to force a takeover?
Will we still get €2.00? Will we get nothing? Will we get whatever they decide to give us?
What I believe is gonna happen is that you gonna get a notice from your brooker, with the offer. And if you accept the offer, I "think" you shouldn't pay any fees. But I also assume that depends on the broker.
There hasn't been any word on what would happen if the offer isn't accepted, but I suspect that those still holding shares will be in a less good position. And if TWDC get the 95% and is buying out the rest, they could give the same, better or worse price.
Just spotted this in http://timon.disneylandparis.com/corporate/en-2017-03-30-draft-offer-document-ed-sca.pdf -
The amount of the compensation, which will be equal to the Offer Price, will be paid to a blocked account opened for this purpose with BNP Paribas Securities Services designated as centralizing agent for the purpose of the
compensation operations in connection with the Mandatory Buy-Out and Delisting.
Which to me suggests that if you don't decide to sell, but TWDC takes over anyway, you will still get the €2.00 originally offered.
So, what are peoples though about selling their shares?
For me it would probably be a sell.
Quote from: norhel on May 03, 2017, 03:59:05 PM
So, what are peoples though about selling their shares?
For me it would probably be a sell.
I already sold mine about 6 weeks ago as it seemed like a good idea.... however am hoping that they will still have me down as a member of "The Club" for the purposes of the ten year extension I saw discussed, as my card doesn't officially expire until end July.
Quote from: jj554 on May 03, 2017, 05:32:41 PM
I already sold mine about 6 weeks ago as it seemed like a good idea.... however am hoping that they will still have me down as a member of "The Club" for the purposes of the ten year extension I saw discussed, as my card doesn't officially expire until end July.
I don't see how they would know you are no longer a shareholder.
Quote from: norhel on May 03, 2017, 03:59:05 PM
So, what are peoples though about selling their shares?
For me it would probably be a sell.
If you sell now, on the stockmarket, you will get the current rate for the shares (currently 2 euros per share), but you will pay brokerage fees.
Assuming that TWDC get permission to take over, you will be offered 2 euros per share and may avoid brokerage fees.
If you turn down their offer, they are likely to take over any way. What you get for your shares at that point is anyone's guess, although there is an indication that you will still get 2 euros.
I think its generally accepted that the takeover will take place. If there are any difficulties, TWDC may increase their offer, but only significant shareholders could cause this.
I seem to remember reading, quite some time ago, that when DLP was created, the French government insisted that it was owned by a French company. I suppose that that will still be the case, except TWDC will own the French company that owns DLP.
Quote from: A&S&O on May 03, 2017, 05:44:29 PM
Quote from: norhel on May 03, 2017, 03:59:05 PM
So, what are peoples though about selling their shares?
For me it would probably be a sell.
If you sell now, on the stockmarket, you will get the current rate for the shares (currently 2 euros per share), but you will pay brokerage fees.
Assuming that TWDC get permission to take over, you will be offered 2 euros per share and may avoid brokerage fees.
If you turn down their offer, they are likely to take over any way. What you get for your shares at that point is anyone's guess, although there is an indication that you will still get 2 euros.
I think its generally accepted that the takeover will take place. If there are any difficulties, TWDC may increase their offer, but only significant shareholders could cause this.
This is my thoughts as well. I actually got a notice from my broker yesterday with the purchase offer from DLP.
Nothing from Halifax yet.
So can Anyone say when this is supposed to happen? I'm not a shareholder but really do hope twice takes full control and dlp realize it's full potential.
Obviously make sure the shareholders are logged after first.
I've just been trying to find out from Halifax via online chat, what I'm supposed to do in order to take up the offer
Quote
Me: Hi, I wish to take up the offer by EDL et al, for my holding of EDR shares. The draft offer mentions a semi-centralized procedure (where by there is reimbursement of fees and protection in case of adjustments to the offer price) - is this something I will be able to do?
Beverley: There are no recent events for this stock, the last one we notified you of was in December 2015
Beverley: The department will need to receive the information from the company themselves before notifying you of the event."
It looks like the Halifax know nothing.
I also contacted Societé Generale Securities Services, Paris, where I have further shares who replied:
Quote
"We inform you that as of today we did not received the instructions regarding this matter.
As soon as we obtain the procedure, you will be inform"
I am now replying back to the shareholder club email of 30/3 'Announcement: draft simplified cash tender offer' asking how we take up the offer.
Update - have just received the latest email from Shareholder club and looks like the offer dates have changed - now expiring 8th June (was 23rd May). Am going back to them anyway to find out if Halifax and the like will now be informed. ::)
PS As much as I like owning a little bit of the House of Mouse, I won't be sorry to see the back of all this malarky!
Yeah, its note been agreed on and accepted by all the right authorities yet. Things like this are complicated with French law, they like companies to have some public ownership and accountability and won't like the idea of an American company owning 100%.
Once (if) the proposal is accepted, then we'll be contacted by the company that we registered our shares with. It is a legal obligation of them to contact you, and to do everything reasonable to see that you read the message.
Personally, I'm hoping that the plan is not accepted. I like being a shareholder. Disney Corp already own a large enough percentage to invest in the parks etc. Having a modicum of public control as well just holds everyone accountable, and allows fans to feel like they own a part of the parks. And its in everyone's interest for the parks to do well, if we support the parks, they will succeed, and the values of our shares go up :) Its a win win. It'll be a shame if this goes through, in my opinion.
Not to mention the fact that the forced buyout fee is way lower than what I originally paid, so they are essentially forcing me to lose money beyond my wishes. I'm sure if I held on to them, they would eventually go up in value back to what I originally paid, and beyond. Selling them now would be unwise for me, so why should they be able to force me to do it?
Quote from: samuelvictor on May 11, 2017, 09:57:32 AM
Yeah, its note been agreed on and accepted by all the right authorities yet. Things like this are complicated with French law, they like companies to have some public ownership and accountability and won't like the idea of an American company owning 100%.
Once (if) the proposal is accepted, then we'll be contacted by the company that we registered our shares with. It is a legal obligation of them to contact you, and to do everything reasonable to see that you read the message.
Personally, I'm hoping that the plan is not accepted. I like being a shareholder. Disney Corp already own a large enough percentage to invest in the parks etc. Having a modicum of public control as well just holds everyone accountable, and allows fans to feel like they own a part of the parks. And its in everyone's interest for the parks to do well, if we support the parks, they will succeed, and the values of our shares go up :) Its a win win. It'll be a shame if this goes through, in my opinion.
Not to mention the fact that the forced buyout fee is way lower than what I originally paid, so they are essentially forcing me to lose money beyond my wishes. I'm sure if I held on to them, they would eventually go up in value back to what I originally paid, and beyond. Selling them now would be unwise for me, so why should they be able to force me to do it?
I too have wondered about the French allowing ownership by a "foreign country". Are they getting around that by DLP being owned by a French company, that is owned by a French company, that is owned by TWDC?
There is also the dispute (or two?) about the valuation of DLP / Marne la Vallee that is ongoing. It has been dismissed by TWDC, but it is, as far as I know, ongoing.
Whilst I agree with most of your post, I think "
Having a modicum of public control" is a bit strong. Minor shareholders have no control / say whatsoever - unfortunately.
I like being a shareholder too, but am torn between remaining a shareholder (for selfish reasons) and having TWDC takeover and invest.
I think most people who took up that last offer to buy shares at €1 will be in profit with the offer to sell for €2.
I have just received notification from Halifax about the corporate action on the shares. It's finally happening , 2euros per share; I have accepted the offer. I would have preferred to keep them but further down the line it will be a compulsory buy out and won't be offered same value as now. Ah well it was nice while it lasted, at least we'll have a few more years to enjoy the small perks before it's all taken away from us.
Quote from: mickeyspal on May 12, 2017, 06:41:57 PM
I have just received notification from Halifax about the corporate action on the shares. It's finally happening , 2euros per share; I have accepted the offer. I would have preferred to keep them but further down the line it will be a compulsory buy out and won't be offered same value as now. Ah well it was nice while it lasted, at least we'll have a few more years to enjoy the small perks before it's all taken away from us.
In the details of the offer, I think it said that if you don't sell and TWDC take over anyway, you will still get 2 euros per share.
Happy to be corrected if I'm wrong.
Quote from: A&S&O on May 12, 2017, 07:02:52 PM
Quote from: mickeyspal on May 12, 2017, 06:41:57 PM
I have just received notification from Halifax about the corporate action on the shares. It's finally happening , 2euros per share; I have accepted the offer. I would have preferred to keep them but further down the line it will be a compulsory buy out and won't be offered same value as now. Ah well it was nice while it lasted, at least we'll have a few more years to enjoy the small perks before it's all taken away from us.
In the details of the offer, I think it said that if you don't sell and TWDC take over anyway, you will still get 2 euros per share.
Happy to be corrected if I'm wrong.
I belive I also saw that it was 2 euros at the take over.
I stand corrected.
If you're going to part with your shares anyway it may be worth doing so via the offer (or waiting for the mandatory buy-out) to protect your right to any later increase in price paid.
Quote
"If within 366 days of the closing of the Block Trade, i.e., by no later than February 16, 2018, EDL Holding or any of its affiliates acquires from any third party that is not an affiliate of TWDC, in an arm's length transaction (including by way of a tender offer or squeeze-out), any Company shares at a New Price Per Share (in cash or in kind) exceeding €2.00 per Company share, the Bidders will pay an additional cash amount to each shareholder having tendered Company shares into the Offer in accordance with the Semi-Centralized Procedure (as defined in Section 3.5) in an amount per Company share identical to the additional cash amount per Company share, which will be equal to the number of Company shares so tendered times the excess of the New Price per Share over €2.00.
The shareholders tendering their Company shares into the Offer in accordance with the Semi-Centralized Procedure (as described and defined in Section 3.5 below) will be eligible for payment of any additional cash amount
under the same terms as described above.However, the shareholders tendering their Company shares into the Offer in accordance with the Non-Centralized Procedure (as described and defined in Section 3.5 below) will not be eligible for such payment.
Such additional cash amount will also be paid, if applicable, in the event of the Mandatory Buy-Out, to
shareholders whose shares will be purchased in the context of such Mandatory Buy-Out."
At least we know now, although have heard from Halifax have not yet heard from Soc Gen!
Will be so sad to see them go :'( , am half tempted to hang on to couple, just to be awkward.
Well I've finally given in and accepted the tender offer, but I'm very sad to no longer have my own little piece of Disney :'( :'( :'(
Quote from: MrsPirate on May 17, 2017, 02:56:06 PM
Well I've finally given in and accepted the tender offer, but I'm very sad to no longer have my own little piece of Disney :'( :'( :'(
So have I.
Even though I have shares in TWDC, I also think it's sad to let the shares in DLP go. But I think it's best for the company.
Same here. Only had a few shares but sad to see them go :(
Not long back after enjoying possibly my last muffin and hot chocolate at Salon Mickey. I've accepted too. :(
Quote from: Slimy yet satisfying on May 26, 2017, 10:44:29 AM
Not long back after enjoying possibly my last muffin and hot chocolate at Salon Mickey. I've accepted too. :(
You can eat muffins for another 10 years, or until TWDC change the rules / offerings.
Hey all
Sorry - been lurking for so many years without logging in I don't have access to the email account for my old user - I used to post as "Paul".
Anyway - I've also had my offer letter this week - does anyone know for absolute certain that if we accept the offer and sell, we still keep the club membership for the 10 years?
Thanks :)
DLP have said they will keep the club and all its benefits for 10 years. Current members will have their current cards electronically extended for 10 years - its also been mentioned they will issue new cards with a 10 year date on them.
The small print says they can change or withdraw any benefits whenever they like.
Yup. That's why I had a cookie as well as my muffin!😉
This post by Salon Mickey is very interesting - seems all may not necessarily be quite as straightforward as first believed...
https://salonmickey.wordpress.com/2017/05/28/the-squeezing-out-of-euro-disney-shareholders-and-a-campaign-for-compensation/
Quote from: Sulley's Arms on May 28, 2017, 04:16:01 PM
This post by Salon Mickey is very interesting - seems all may not necessarily be quite as straightforward as first believed...
https://salonmickey.wordpress.com/2017/05/28/the-squeezing-out-of-euro-disney-shareholders-and-a-campaign-for-compensation/
Unfortunately for the shareholder, I doubt their efforts will amount to anything. I can't see how the shares will become profitable any time soon - if anything, if the full takeover didn't take place, the costs are likely to increase.
I've just sold my shares :'( Feel a bit sad not owning a little bit of the park...
And the money will be useful to pay for our Disney cruise next year ;D
We did the same - proceeds will go towards paying for our stay at DLH for the first time - silver linings! :D
Has anyone dealing with Halifax had money credited yet? Looked at the sale of shares document and it should've been done yesterday?
Quote from: Slimy yet satisfying on June 16, 2017, 10:17:55 AM
Has anyone dealing with Halifax had money credited yet? Looked at the sale of shares document and it should've been done yesterday?
I received notification today from Halifax; checked my account and the money has been credited.
received notification...no credit as yet
my credit came in the 27th also
Our son's shares were held by Hargreaves Lansdowne. He opted not to sell, but received his money yesterday.
What are people doing with their payout?
We're thinking of buying him Merlin shares - you get a 40% discount on full price Annual Passes and the return is about 1.5%.
With the rest of the money we thought of buying TWDC shares, again about 1.5% return, no shareholder perks, but he'd own "a piece of the magic".
Just received the following from our son's share company -
Not sure why, whether this is a standard thing or if something/someone else has instigated it.
=======================================================
Euro Disney SCA: Issue of Euro Disney SCA Compensation Rights
What has happened?
Euro Disney SCA implemented a Tender Offer detailed in our letter on 19 May 2017. We have received notification that all participants in the Tender Offer have been credited Compensation Rights which are linked to a potential future cash payment. As a participant in the Euro Disney SCA Tender Offer, you have been issued with 1 Euro Disney SCA Compensation Right for every Euro Disney SCA Share held in your Vantage Fund & Share Account.
Currently the Euro Disney SCA Compensation Rights hold no value and cannot be traded, however they represent a potential future cash payment. If any payment is received, this will be credited to your Account and we will send notification detailing the compensation.
Haven't seen anything like this before. Can you give us an update?
Nothing more to add - thats all we received from Hargreaves Lansdowne.
Our shares were held with Halifax, but we didn't receive anything like it from them.
I checked my Halifax account and it had been credited - even though I hadn't yet responded by saying yes or no. Anyway .. seems I didn't really have much choice here. I have emailed Club Actionnaires to see if I still have my 'perks' for the next 10 years. Will be visiting in November - does anyone know if Salon Mickey will be open still?
Quote from: lynneharvey on August 07, 2017, 01:07:27 PM
I checked my Halifax account and it had been credited - even though I hadn't yet responded by saying yes or no. Anyway .. seems I didn't really have much choice here. I have emailed Club Actionnaires to see if I still have my 'perks' for the next 10 years. Will be visiting in November - does anyone know if Salon Mickey will be open still?
All shareholders either voluntarily sold their shares or had them compulsorily sold to The Walt Disney Company.
When they were asking people to voluntarily sell their shares, Disney said that current members of the Shareholders Club could retain all perks of membership for 10 years - or until they decided to revoke them.
So, as far as we know, at the moment everything remains the same.
Just had an email response from Club Actionnaires:
Dear Lynne,
Further to your request, we inform you that your current card is valid until January 31, 2022.
All cards expiring this year have automatically extended and re-magnetized, without any action on your part. Thank you for keeping your current card and ignoring the expiration date written on this card.
Between September and December 2017:
A new card will sent to all active members, valid for 10 years, without any action on your part. This card will grant you the same benefits and services as previously.
Feel free to contact us for any further information.
Yours sincerely,
Euro Disney S.C.A.
Shareholders Club
That's great news. Thanks for posting your reply.
Has anyone successfully bought an annual passport recently using their shareholders discount? The shareholders club replied to me by email today saying we still qualify for 15% off, but the sales reps on the phone say "no"
New card received today "The Club Card". Looks rather special, and as feel like I'm in an exclusive club, well for 10 years anyway!
Oooh! That's exciting, wonder if mine is waiting in the post. Might make up for the post Disney blues Im feeling sitting at CDG! Btw the old ones still work as I used mine today.