2010
01.11
01.11
Well for clarity it is Crystal Amber PLC (money managers) who have 15.2% of Pinewood Shepperton PLC. Add that to John Whittaker’s 26.8 % and they have a power block of 42%.
Since the announcement in mid-December of the Malaysian Studio outsourcing of 8000 jobs, we are getting some sales.
Last week a mere £30.4 million would get control of the company and empower the new owners to appoint a new Board of Directors. Now the price is rising sharply and it is £35 million to get control and as we said rising. But it is property values NOT films which seem to be driving the share dealing.
MOREOVER we now reach the stage where there are just not big share blocks out there. So you have to buy in tens of thousands not millions, and each transaction signals intent and pushes up the selling price. If any shareholder has more than 30% of the shares, they must reduce their shareholding or bid for all the other shares at a price not less than the transaction which bursts the 30% barrier.
So a £37 000 purchase today with the buyer’s identity publication being delayed may mean that Crystal Amber have gone over 16% or John Whittaker is edging nearer 30%, and between them they are edging nearer 50%.
If John Whittaker of Peel Holdings on 26.8% is buying, then a takeover really may be imminent. Anything may happen in the next half hour…..especially around 12.40pm when most people are going to lunch and slow to react.
John Whittaker is a billionaire property developer, and a truly noble slum regenerator and huge employment creator in The North-West and Scotland: Liverpool docks, The Manchester Trafford Centre, Manchester and Liverpool Airports, the new £4.5 billion Birkenhead development and the £1.2 billion Glasgow docks development, but also Media City and BBC North in Salford Docks.
Whittaker more than anyone has blessed The North-West and by his own efforts made a much bright media future viable for anyone from Chester to Preston. He has taken on London both in a bare knuckle fight and a chess match, and he has won. No honour is high enough for his outstanding service to his community.
If he is buying, then fasten your safety belt for an exciting ride which will finally demand huge media and political scrutiny. However, if at any stage he is selling, then this shows Pinewood Shepperton PLC and especially Project Pinewood is in real jeapordy of going out of business. We simply do not know.
In 2007, 2008 and 2009 The FT and Daily Mail suggested John Whittaker was more interested in Pinewood Studios and Shepperton Studios land values than James Bond 007. However, he (or his four sons) may decide to move into movie-making. We have no idea and can only speculate.
There are many examples of businessmen in the fertiliser, chemicals, the legitimate military weapons industry, toy manufacture, suddenly turning to movie making.
Businessmen turned born again film producers Arnon Milchan, Ed Pressman, Harvey Weinstein have produced PRETTY WOMAN, WALL STREET, ONCE UPON A TIME IN AMERICA, LORD OF THE RINGS, SHAKESPEARE IN LOVE, LA CONFIDENTIAL, ENTRAPMENT, FREE WILLY, UNDER SIEGE, JFK, PULP FICTION, GANS OF NEW YORK, CHICAGO and hundreds of other Oscar winning and nominated movies you have seen.
Cubby Broccoli , the 007 James Bond producer at Pinewood Studios, came to film producing after another business career in casket making.
So John Whittaker or his sons may have strong film making plans. Further, they could move much of Pinewood Studios production to Media City and The North-West and eventually around The UK as their property and transport empire expands. If Whittaker is going for Pinewood, it could be extremely good news for film making in The UK.
But we do not know. You will know as soon as we know. As ever if you hear first, then you can contact us in confidence here http://www.savethebritishfilmindustry.com/contactus/
It would be nice if he was spotted dining with John Hurt.
Whittaker at Media City has BBC North, BBC Radio 5, BBC Sport and may soon have Coronation Street and East Enders, the two giant British TV soaps. http://www.savethebritishfilmindustry.com/2010/01/east-enders-joining-coronation-street-with-james-bond-sherlock-holmes-batman-all-to-be-filmed-in-same-place-all-roads-lead-to-pinewood-studios-owner-john-whittaker/
John Whittaker may want to move in 007 James Bond, Jason Bourne, Indiana Jones, Star Wars, Sherlock Holmes, Batman and the rest of Pinewood and Shepperton Studios movie stars to his North-West power base.
Whoever is buying and whoever is selling may or may not be in the know on Project Pinewood’a Appeal on greenbelt land in Iver Heath, or indeed a massive opponent of it. They may be ultra zealous foreign expansion policy….(it seems anywhere is in line except Britain and The EU), or much more interested in the regional UK expansion proposals put by us and Gisela Stuart MP. We at least hope they know of Gisela Stuart MP’s letter to The Business Minister Peter Mandelson asking if Pinewood Shepperton PLC should be examined by The Competition Commission.
Anything can happen in the next half hour.
Yes ANYTHING CAN HAPPEN IN THE NEXT HALF HOUR
See also
http://www.savethebritishfilmindustry.com/2009/12/save-british-film-industry-some-seduloussolutions/
Meanwhile again by popular request, one of our SAVE THE BRITISH FILM INDUSTRY cheerleaders..
Wei Chiung Lin

Wei Chiung Lin, the most beautiful model in London. (Union Models)
Wei Chiung Lin can be contacted on
UNION MODELS London
http://www.myspace.com/WEICHIUNG
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Jonathan Stuart-Brown
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