TWEETER H.ENT.GRP/ Stehen wir vor einem Starken Kursanstieg? - 500 Beiträge pro Seite

[gerdass]

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

On May 9, 2007, the Company received a letter from NASDAQ's Listing Qualifications Department stating that, due to Mr. Mahoney's resignation, the Company no longer complies with NASDAQ's independent director and audit committee requirements set forth in Marketplace Rule 4350. The letter also indicated, however, that consistent with Marketplace Rules 4350(c)(1) and 4350(d)(4), NASDAQ would provide the Company with a cure period in order to regain compliance, until the earlier of the Company's next annual meeting of shareholders or May 2, 2008.

The Company has initiated a search to find a suitable replacement for Mr. Mahoney, and expects that the vacancy on the board of directors and the audit committee caused by Mr. Mahoney's resignation will be filled prior to the end of the cure period provided by NASDAQ.

Tweeter Home Entertainment Group, Inc. (NASDAQ:TWTR) was founded in 1972 by the Company's Chairman, Sandy Bloomberg. Based in Canton, Massachusetts, the Company is a national specialty consumer electronics retailer providing home and mobile entertainment solutions. The Company's fiscal 2006 revenues were $775 million. Tweeter has been named the 2006 Retailer of the Year by Sound and Vision Magazine and a "Consumer Electronics Retailer of the Year" by Audio-Video International every year since 1979. The company operates 147 stores under the Tweeter, hifi buys, Sound Advice and Showcase Home Entertainment names. The Company's stores are located in the following markets: New England, the Mid-Atlantic, Chicago, the Southeast (including Florida), Texas, Southern California, Phoenix and Las Vegas.

Further information on Tweeter Home Entertainment Group can be found on the Company's websites at www.twtr.com and www.tweeter.com.

Media Relations Contact:
Tweeter
Jeff Duhamel
781-830-3495
[e-mail]
or
Investor Relations Contact:
Gregory Hunt
781-830-3995
[e-mail]

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

Aktueller Durchschnitt von insgesamt 2 Analysten

Sell Underperform Hold Buy Strong Buy

Das war dann eher der Zeitpunkt zu Kauf gewesen

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

11.05.07 21:47 (BUSINESS WIRE)
Tweeter Home Entertainment Group Receives Deficiency Notice from NASDAQ Due to the Resignation of John Mahoney
10.05.07 15:03 (BUSINESS WIRE)
Tweeter Home Entertainment Group Reports Earnings Results for Its Second Fiscal Quarter and Six Months Ended March 31, 2007

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

For the quarter ended March 31, 2007, total revenue from continuing operations decreased 13% to $163 million compared to $187 million in the same period last year. Comparable store sales decreased 13%. Excluding sales from the recently announced 49 closing stores, comparable store sales decreased 13% as well. Revenue from retail stores, excluding revenues from closed stores, was down 44% for projection televisions and 35% for plasma televisions. These decreases were partially offset by an increase of 72% for revenue from LCD televisions.

Gross profit margin for the quarter was 39.2% compared to 43.0% in the same period last year. The decline was due to lower gross margin in the television category, as well as reduced vendor funding in volume rebates and stretch goals as compared to last year.

SG&A expense was reduced $5.6 million for the quarter compared to the same period last year. Compensation was down $4.3 million, primarily due to lower headcount. Insurance was down $1.4 million due to lower claims costs and commensurate reserves adjustments.

Operating loss for the three months ended March 31, 2007 was $38.0 million compared to operating income of $1.0 million last year. Included in this year's operating loss were restructuring and impairment charges of $27.2 million and $1.7 million, respectively. The restructuring charges were mostly non-cash, including $25.4 million to write-down fixed assets at closing stores, $0.9 million to write-down goodwill, $0.5 million for accrued severance and benefits and $0.4 million for professional fees associated with liquidation of inventory. Additionally we recorded impairments of $1.7 million relating to certain stores that are not closing.

Net loss from continuing operations for the three month period was $35.2 million compared to net income of $0.4 million for the same period last year. Net loss included an income tax benefit of $3.7 million, as the Company's federal income tax settlement was higher than the receivable it was carrying. Diluted loss per share from continuing operations for the three months ended March 31, 2007 was $1.38 compared to diluted earnings per share of $0.02 for the same period last year.

For the six months ended March 31, 2007, total revenue from continuing operations decreased to $397 million, from $453 million last year. Comparable store sales decreased 11% for the same period.

Operating loss for the six months ended March 31, 2007 was $35.4 million compared to operating income of $16.4 million last year. Net loss from continuing operations for the six month period was $34.3 million compared to net income of $14.8 million for the same period last year. Diluted loss per share from continuing operations for the six months ended March 31, 2007 was $1.29 compared to diluted earnings per share of $0.61 for the same period last year.

Tweeter continues to evaluate both its short and long-term capital needs in light of its efforts to stem its losses. The Company received its anticipated federal tax refund during the quarter ended March 31, 2007, totaling $13.9 million, including interest of $1.6 million. In addition, the Company is in the midst of executing its recently announced restructuring plan to close 49 stores, two regional facilities and exit several regions of the country, the goal being to eliminate unprofitable stores and focus its efforts on better-performing regions. As of May 8, 2007, the Company had sold approximately $17 million of the $35 million in inventory available for sale at the closing stores, and these sales yielded a positive gross profit. As of this writing, six of the 49 identified stores are closed with no continuing sales or payroll associated with them. The Company expects to close two more stores in May and the balance in June.

Although the Company expects the restructuring to have a positive effect on its operations in the future, closing stores results in additional short-term expenses that put further strain on current cash needs. The Company is working with the landlords of the closing stores to reach termination settlements that will reduce the cost of such closings.

The Company believes that it does not have sufficient working capital to fund its short-term needs, such as the payment of costs associated with store closings, lump-sum payments to landlords of closed stores with whom it reaches settlements, and to fund its long-term cash needs. The Company continues to investigate the marketability of its investment in Tivoli, a privately-held company in which Tweeter currently holds an ownership interest of 18.75%. There is no guarantee that the Company will be able to sell the Tivoli stock. The Company is pursuing other alternatives for raising additional capital. Any additional capital could take the form of debt or equity, but there can be no assurance that additional debt or equity will be available on acceptable terms or at all. Any equity financing could result in substantial dilution to existing stockholders. Absent obtaining additional capital or reaching adequate settlements with the landlords of its closing stores, the Company may choose to file for reorganization under Chapter 11 of the bankruptcy code.

"We will continue to stay true to our traditional high-end niche as we work our way through these challenges," said Tweeter President and CEO Joe McGuire. "We will remain focused on the mid- to upper-end HDTV market as we continually change our assortment to reflect that direction. We believe this strategy is compatible with the full-service solution that we provide our customers with everyday: a great retail store, top-notch system design, and elegant installation all wrapped up in a professional, personalized experience at all points of contact."

Tweeter's CE Playground stores continue to outperform the Company's traditional shops in margin, sales and in-home installations in their respective markets. Two of these stores were converted from their original format in the past year and both stores registered strong sales increases during the quarter, with their combined sales up 24%. The stores have given Tweeter a unique model to live along side the traditional grab-and-go box retailers.

"We are very encouraged by the success of our Playground stores," said McGuire. "That is why such a large part of our restructuring plan is to continue to execute this concept in our remaining 97 traditional stores by taking what we have learned from our current Playground stores and rolling it into our existing fleet."

Greg Hunt, Senior Vice President and Chief Financial Officer added, "As part of our normal review process our finance team recognized an error in the accounting for our deferred compensation plan. In prior periods we had tracked the plan's assets along with the liability to the plan participants, but we did not record these amounts in our financial statements, as they essentially netted to zero. In accordance with deferred compensation accounting literature, we should have presented these items separately, or "grossed up" on our balance sheets and recorded gains or losses on the invested assets as other income/expense, offset by an equal amount of compensation expense, on our statements of operations. We expect the impact on our earnings of this change to be zero. We will file Form 12b-25 with the SEC to extend the filing deadline for our Form 10-Q for an additional five calendar days to allow our staff to complete its review of this accounting and disclosure for the deferred compensation plan. Even though we believe the quantitative impact of this error to our prior financial statements to be immaterial, we plan to amend our Form 10-K for the year ended September 30, 2006 and our Form 10-Q for the period ending December 31, 2006 as soon as is practicable to reflect the restatement of the financial statements included in those filings to correct this error. The historical condensed financial statements attached to this press release have been restated to correct the accounting for the deferred compensation plan."

There will be a conference call to discuss this press release at 10:30 AM EDT today. A live webcast of the call will be available. To access the webcast, log on at www.streetevents.com or from Tweeter's investor relations website at www.twtr.com. There will be a brief presentation by Tweeter Home Entertainment Group management followed by a Q&A session. The conference call will be available for playback until Thursday, May 17, 2007 at 11:59 PM EDT. The call can also be downloaded as an MP3 file from Tweeter's investor relations website as of 12:00 PM EDT on Friday, May 11, 2007.

Tweeter Home Entertainment Group, Inc. (NASDAQ:TWTR) was founded in 1972 by the Company's Chairman, Sandy Bloomberg. Based in Canton, Massachusetts, the Company is a national specialty consumer electronics retailer providing home and mobile entertainment solutions. The Company's fiscal 2006 revenues were $775 million. Tweeter has been named the 2006 Retailer of the Year by Sound and Vision Magazine and a "Consumer Electronics Retailer of the Year" by Audio-Video International every year since 1979. The company operates 147 stores under the Tweeter, hifi buys, Sound Advice and Showcase Home Entertainment names. The Company's stores are located in the following markets: New England, the Mid-Atlantic, Chicago, the Southeast (including Florida), Texas, Southern California, Phoenix and Las Vegas.

Further information on Tweeter Home Entertainment Group can be found on the Company's websites at www.twtr.com and www.tweeter.com.

TWEETER HOME ENTERTAINMENT GROUP, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(Amounts in thousands except share and per share data)

Three Months ended Six Months ended
March 31, March 31,
----------------------- -----------------------
2007 2006 2007 2006
(Restated) (Restated)
----------- ----------- ----------- -----------
Total revenue $163,285 $186,846 $397,343 $452,853
Cost of sales 99,286 106,473 240,702 263,458
----------- ----------- ----------- -----------
Gross profit 63,999 80,373 156,641 189,395
Selling, general and
administrative
expenses 73,253 78,867 163,650 172,207
Amortization of
intangibles - 170 - 340
Impairment charge 1,706 - 1,706 -
Restructuring charges 27,159 401 26,730 484
----------- ----------- ----------- -----------
Operating income
(loss) (38,119) 935 (35,445) 16,364
Interest expense (1,096) (1,114) (2,629) (2,500)
Other income 79 102 249 144
----------- ----------- ----------- -----------
Income (loss) from
continuing operations
before income taxes (39,136) (77) (37,825) 14,008
Income tax provision
(benefit) (3,726) 10 (3,726) 110
----------- ----------- ----------- -----------
Income (loss) from
continuing operations
before income from
equity investments -
related parties (35,410) (87) (34,099) 13,898
Income from equity
investments - related
parties 254 491 1,210 1,186
----------- ----------- ----------- -----------
Net income (loss) from
continuing operations (35,156) 404 (32,889) 15,084
Discontinued
operations:
Net income (loss)
from discontinued
operations (67) 20 (1,460) (254)
----------- ----------- ----------- -----------
Net income (loss) $(35,223) $424 $(34,349) $14,830
=========== =========== =========== ===========
Basic income (loss)
per share:
Income (loss) from
continuing
operations $(1.38) $0.02 $(1.29) $0.61
Loss from
discontinued
operations - - (0.06) (0.01)
----------- ----------- ----------- -----------
Basic net income
(loss) per share $(1.38) $0.02 $(1.35) $0.60
=========== =========== =========== ===========
Diluted income (loss)
per share:
Income (loss) from
continuing
operations $(1.38) $0.02 $(1.29) $0.60
Loss from
discontinued
operations - - (0.06) (0.01)
----------- ----------- ----------- -----------
Diluted net income
(loss) per share $(1.38) $0.02 $(1.35) $0.59
=========== =========== =========== ===========
Weighted average
shares outstanding:
Basic 25,528,739 25,038,614 25,510,454 24,882,751
=========== =========== =========== ===========
Diluted 25,528,739 25,602,697 25,510,454 25,191,800
=========== =========== =========== ===========

TWEETER HOME ENTERTAINMENT GROUP, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(Amounts in thousands)

March 31, September March 31,
30,
2007 2006 2006
(Restated) (Restated)
--------- ---------- ----------
ASSETS
Current Assets:
Cash and cash equivalents $1,927 $1,296 $4,373
Restricted cash 5,654 - -
Accounts receivable, net 20,517 20,197 26,491
Inventory 80,969 109,039 110,955
Other current assets 11,441 17,824 17,747
--------- ---------- ----------
Total current assets 120,508 148,356 159,566
Property and equipment, net 69,378 102,072 101,607
Long-term investments 3,420 2,639 2,715
Goodwill and intangible assets, net 4,376 5,251 5,478
Other assets, net 2,280 2,178 1,968
--------- ---------- ----------
Total $199,962 $260,496 $271,334
========= ========== ==========

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Current portion of long-term debt $6,905 $6,480 $10,129
Accounts payable, accrued expenses
and other current liabilities 88,594 102,521 93,449
--------- ---------- ----------
Total current liabilities 95,499 109,001 103,578
Long-term debt 38,918 50,362 43,526
Other long-term liabilities 31,004 32,977 26,833
Stockholders' equity 34,541 68,156 97,397
--------- ---------- ----------
Total $199,962 $260,496 $271,334
========= ========== ==========

Certain statements contained in this press release, including, without limitation, statements containing the words "expects," "believes," "plans," and words of similar import, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to various risks and uncertainties, including the risk we face from intense competition, changes in consumer demand, preference and patterns, our ability to obtain additional capital on acceptable terms, if at all, our ability to sell our ownership in Tivoli, our ability to reach adequate settlements with the landlords of our closing stores, and other risks referred to in Tweeter's Annual Report on Form 10-K filed on December 21, 2006 (copies of which may be accessed through the SEC's web site at http://www.sec.gov), that could cause actual future results and events to differ materially from those currently anticipated. Readers are cautioned not to place undue reliance on these forward-looking statements and financial projections.

Tweeter Home Entertainment Group, Inc.
Investor Relations Contact:
Gregory Hunt, 781-830-3995
[e-mail]
or
Media Relations Contact:
Jeff Duhamel, 781-830-3495
[e-mail]

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

Ergebnis/Aktie (in EUR) -0,47 -0,48 -0,24
KGV neg. neg. neg.
Dividende/Aktie (in EUR) 0,00 0,00 0,00
Dividendenrendite (in %) 0,00 0,00 0,00
Ergebnis/Aktie (in EUR) -0,47 -0,48 -0,24
KGV neg. neg. neg.
Dividende/Aktie (in EUR) 0,00 0,00 0,00
Dividendenrendite (in %) 0,00 0,00 0,00

Also ich bin drüben zu 0,33 eingestiegen,da es mir drüben günstiger erschien.
Ansonst wie man ja sieht Börse Berlin,solte jeder für sich selbst entscheiden.
Meiner Meinung nach ,hat Tweeter ein riesen Kurspotenzial.
Natürlich ist auch hier Geduld angesagt,aber Tweeter wird mit oder ohne uns steigen.
Jeder handelt für sich

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

NASDAQ
TWTR / USD 0,480
0 +0,060
+14,29 22:00:00
16.05.2007 -
- 0,420
0,470 0,489
0,450 388.500
182.431
Wie man sieht
Drüben Volumen

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

Berlin TW5 / EUR 0,280
0 -0,0060
-2,10 09:33:29
17.05.2007 2,84
3,06 0,286
0,280 0,280
0,280 0
0
Was man bei uns eher nicht sagen kann
also null Volumen

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

NASDAQ:TWTR) Ebenso vorher berichtete am 3. Mai 2007 John Mahoney trat zurück wie ein Mitglied des Verwaltungsrats von Tweeter Home Entertainment Group, Inc (die "Gesellschaft"). Herr Mahoney war ein "unabhängiger" Direktor unter den Marktplatz-Regeln des NASDAQ und war ein Mitglied des Bilanzkomitees der Gesellschaft. Am 9. Mai 2007 erhielt die Gesellschaft einen Brief von der Schlagseite habenden Qualifikationsabteilung des NASDAQ, die feststellt, dass, wegen des Verzichts von Herrn Mahoney, die Gesellschaft nicht mehr den unabhängigen Direktor des NASDAQ und Bilanzkomitee-Voraussetzungssatz hervor in der Marktplatz-Regel 4350 erfüllt. Der Brief zeigte auch jedoch an, dass übereinstimmend mit dem Marktplatz 4350 (c) (1) und 4350 (d) (4) Herrscht, würde NASDAQ die Gesellschaft mit einer Heilmittel-Periode versorgen, um Gehorsam, bis zu früher der folgenden Jahresversammlung der Gesellschaft von Aktionären oder am 2. Mai 2008 wiederzugewinnen. Die Gesellschaft hat eine Suche begonnen, um einen passenden Ersatz für den Herrn zu finden. Mahoney, und erwartet, dass die Stelle auf dem Verwaltungsrat und dem durch den Verzicht von Herrn Mahoney verursachten Bilanzkomitee vor dem Ende der durch den NASDAQ zur Verfügung gestellten Heilmittel-Periode besetzt wird. Tweeter Home Entertainment Group, Inc (NASDAQ:TWTR) wurde 1972 vom Vorsitzenden der Gesellschaft, Sandy Bloomberg gegründet. Beruhend im Bezirk, Massachusetts, ist die Gesellschaft ein nationaler Spezialisierungsverbraucherelektronik-Einzelhändler, der bewegliche und Hausunterhaltungslösungen zur Verfügung stellt. Die fiskalischen 2006-Einnahmen der Gesellschaft waren 775 Millionen $. Hochtöner ist den 2006 Einzelhändler des Jahres durch die Ton- und Visionszeitschrift und einen "Verbraucherelektronik-Einzelhändler des Jahres" durch das seit 1979 Internationale jedes Jahr Audiovideo genannt worden. Die Gesellschaft bedient 147 Lager unter dem Hochtöner, Hi-Fi, kauft Gesunder Rat und Vitrine Hausunterhaltungsnamen. Die Lager der Gesellschaft werden auf den folgenden Märkten gelegen: Das neue England, die Mitte der Atlantik, Chicago, der Südosten (einschließlich Floridas), Texas, das Südliche Kalifornien, der Phönix und Las Vegas. Die weitere Information über den Hochtöner Hausunterhaltungsgruppe kann auf den Websites der Gesellschaft an www.twtr.com und www.tweeter.com gefunden werden. Mediabeziehungskontakt: Hochtöner Jeff Duhamel 781-830-3495 [e-mail] oder Kapitalanleger-Beziehungskontakt: Gregory Hunt 781-830-3995 [e-mail]

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

Na , wer sagt es denn.
Nach einem zwei stelligen Anstieg
normaler Kurs-Verlauf
das giebt zu denken

[gerdass]

Antwort auf Beitrag Nr.: 29.357.508 von gerdass am 17.05.07 14:53:32

Handelsplatz
Symbol / Währung. Letzter
Umsatz +/-
% Zeit
Datum Bid
Ask Vortag
Erster Hoch
Tief Volumen
Umsatz
Deutsche Handelsplätze
Berlin
TW5 / EUR 0,280
0 -0,0060
-2,10 09:33:29
17.05.2007 2,84
3,06 0,286
0,280 0,280
0,280 0
0
Internationale Handelsplätze
NASDAQ
TWTR / USD 0,480
300 +0,00
+0,00 15:47:59
17.05.2007 -
- 0,480
0,490 0,490
0,480 36.386
17.702
Man kann auch Spaß an Aktien haben

[gerdass]

Bin schon der Meinung
das erst einmal kleine Turbolenzen zu Recht erwartet werden können
die den Kurs auch in die richtige Richtung beflügeln werden

[gerdass]

Berlin
TW5 / EUR 0,225
0 +0,00
+0,00 09:23:22
25.05.2007 2,84
3,06 0,225
0,225 0,225
0,225 0
0
Internationale Handelsplätze
NASDAQ
TWTR / USD 0,380
0 +0,030
+8,57 22:00:00
25.05.2007 -
- 0,350
0,380 0,390
0,350 322.405

[gerdass]

Der Handel wird auch in Berlin aufgenommen
wenn sie erst mal aufgespürt wird

[gerdass]