Softbank / Gewinnwarnungnach Börsenschluß 6.4.00 / - 500 Beiträge pro Seite

[janigmbh]

Anbei aktuelle Gewinnwarnung, die heute nachbörslich veröffentlicht wurde. Für mich grenzt das an Anlegerbetrug, wenn man bedenkt, daß noch vor Tagen per 31.3.00 ein Gewinn von rund 500 Mio USD angekündigt wurde. In den USA kommst man dafür in den Knast :


Thursday April 6, 5:29 am Eastern Time
Softbank warns of hefty group current loss
TOKYO, April 6 (Reuters) - Japan`s high-flying Internet investor Softbank Corp warned on Thursday it would fall deeper into the red on a group current basis in the just ended year, a move which analysts said could further undermine already shaky sentiment towards the company.

Softbank said it would suffer a 55 billion yen ($525 million) consolidated current loss in the year to March 31, partly reflecting a 47.5 billion yen foreign exchange appraisal loss in yen-denominated debts held by its U.S. holding company.

The loss would compare with a 15.45 billion yen group net loss in the previous year.

Softbank`s loss warning came after the market had closed.

But Softbank`s shares have been on a recent downtrend, hurt by a combination of factors including recent volatility in the U.S. Nasdaq market and fears that it is facing a funding crunch.

Softbank, a core Tokyo Internet stock, ended on Thursday down 3,000 yen or 3.92 percent at 73,500. That is a drop of more than 60 percent from mid-February when it hit a record high 198,000.

($1 equals 104.83 Yen)





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Related News Categories: US Market News


Grüße und Prso Mahlzeit für die nächsten Tage !!


Jani

[MajorMajor]

Hey, ich habe folgende Meldung gelesen (unten die Quelle!)

:-)

Softbank erwartet 55 Mrd Yen Vorsteuerverlust und 3,5 Mrd Yen Jahresüberschuss

TOKIO (dpa-AFX) - Die japanischen Internetholding Softbank Corp erwartet für das Geschäftsjahr zum März einen Vorsteuerverlust von 55 Mrd. Yen. Davon seien 47,5 Mrd Yen Devisenkursverluste, teilte die Firma am Donnerstag mit.
Der Devisenkursverlust resultiere aus Krediten an die US-Tochter Softbank Holding Inc. Der Umfang der in Yen berechneten Ausleihungen sei aufgrund der schwachen japanischen Valuta deutlich gestiegen.
Softbank erwartet einen Jahresüberschuss von 3,5 Mrd. Yen dank einem außergewöhnlichen Gewinn von 220 Mrd. Yen aus dem Verkauf von Wertpapieren. Den Umsatz schätzt die Firma auf 420 Mrd. Yen./cs/ub

http://de.biz.yahoo.com/000406/34/obsb.html

[rowntree]

Das sind doch Top NEWS! - strong buy, Verluste lassen sich absetzen und bleiben zudem im Unternehmen. Softbank tauscht an Softbank. Genial

[Totaler]

Die Investment-Bank Lehmann hat gestern, 5.4.00, noch auf n-tv die Aktie Softbank empfohlen. Irgend etwas kann hier nicht stimmen. Ich vermute, dass die Mitteilung über angebliche Verluste nicht richtig interpretiert wird.

[R A C]

Hi,
wenn Analysten etwas empfehlen, sollte man doppelt vorsichtig sein
Mfg R A C

[toha]

Ich seh das auch so wie rowntree!

Wenn ich meinem Tochterunternehmen Geld leihe und dieses mir wegen den
Kursschwankungen "weniger" wieder geben muß, hab ich ja dennoch davon profitiert.
Ich kann den Verlust absetzen und das Geld bleibt dennoch bei mir bzw. bei
meinem Tochterunternehmen.
Oder was stimmt da nicht?

Bitte um Hilfe! Danke!

Außerdem buy on bad news (if they´re bad?)!!!

Gruß
Toha

[hubo]

diese meldung gibt mir zu denken,
habe mich aus softbank verabschiedet
*******************************************************************
UPDATE 1-Softbank warns of tumble deeper into red
By Miki Shimogori

TOKYO, April 6 (Reuters) - High-flying Japanese Internet investor Softbank Corp warned on Thursday of a bleaker profit performance in the business year just ended, delivering a further blow to wavering investor confidence.

Softbank said it would post a 55 billion yen ($525 million) consolidated current loss in the year to March 31, partly reflecting a 47.5 billion yen foreign exchange appraisal loss in yen-denominated debts held by its U.S. holding company.

The company reported a 15.45 billion yen group current loss the year before.

Softbank`s loss warning, issued after the market closed, coincides with mounting investor scepticism about the company`s true value.

``The latest loss warnings will definitely be a major negative factor for Softbank shares tomorrow and thereafter,`` said Motoharu Sone, an analyst at Tsubasa Securities.

Softbank`s shares have already been battered badly in recent weeks, hit by recent volatility in the technology-heavy U.S. Nasdaq market and fears that it is facing a funding crunch.

Softbank, a core Tokyo Internet stock, ended down 3.92 percent at 73,500 on Thursday and has shed more than 60 percent of its value from mid-February`s record high of 198,000.

FURTHER SETBACK FOR SOFTBANK SHARES

The firm has extended its reach into more than 300 Web-based firms, including Yahoo! Inc (NasdaqNM:YHOO - news) and E*Trade Group (NasdaqNM:EGRP - news), while taking the lead in the planned June launch of Nasdaq Japan - a sister version of the technology-dominated U.S. exchange.

Softbank has become one of Japan`s top five companies by market capitalisation, with a current value of seven trillion yen, on the back of hefty gains in stakes held in other firms, including some four trillion yen in listed firms alone.

Unrealised profits on investments are likely to support a Softbank share price around 60,000 to 70,000 yen, analysts said.

But both its market capital and unrealised gains are vulnerable to further declines in increasingly wobbly high-tech shares at home and in the United States, analysts said.

Some were also uneasy that 80 percent of its unrealised profits on shareholdings in listed firms are now concentrated in the Yahoo group, which as a core strategic holding cannot be sold for quick cash or profits. Many of its other investments are posting losses.

``This proves (Softbank President Masayoshi) Son has made more flops than successes in his investments,`` said Toshiaki Iba, a senior analyst at Tokyo Mitsubishi Securities. ``When it comes to investment in Net stocks, his only big success so far is Yahoo.``

SOFTBANK DENIES PLANS FOR NEW SHARE ISSUE

To ease worries about its cash position, Softbank said on Thursday it held 106 billion yen in cash and deposits. ``With this amount we can cope with any immediate need for funds,`` it said in a statement.

Pointing to 26.3 billion yen in proceeds expected from the sale of U.S. publisher Ziff-Davis Inc (NYSE:ZD - news), the statement added: ``We have no intention at all of raising funds by issuing new shares at market prices.``

A Japanese media report last month on plans to issue new shares dealt a major blow to investor confidence in the company.

Some analysts said the latest loss warning gave further proof of Softbank`s poor ability to generate cash without selling vital shareholdings.

On an after-tax net basis, Softbank estimated it would earn a 3.5 billion yen consolidated profit in 1999/00, avoiding a slip into the red but managing just one-tenth the prior year`s profit.

Analysts were unimpressed.

``Generating a profit on a net basis means nothing, as it comes from one-off sales of shareholdings,`` said Sone. ``It looks like Softbank, which had been humming along rather smoothly, may be slipping out of gear.``

Softbank racked up 220 billion yen in gains from sales of stakes in Internet-related units such as anti-virus software developer Trend Micro Inc (NasdaqNM:TMIC - news) and e-commerce systems provider Softbank Technology . This more than offset a 120 billion yen special loss in the second half of 1999/00 on the sale of Ziff-Davis assets.

``It`s clear that Softbank lacks sufficient operating cash flow,`` said Soichiro Fukuda, an analyst at IBJ Securities.

``Softbank has repeatedly said it does not care about its earnings numbers, since its focus is on market capitalisation. That excuse worked in the past, but this time it might not.``


($1 equals 104.83 Yen)