Emerson Radio WKN 892677: Einamldividende 1,10 US bei 2,50 US Kurs und ca. 60 MIO US Marktpt. - 500 Beiträge pro Seite

[Massel]

Ohne Gewährleistung, nach dieser News werden einmalig 1,10 US Dollar ausgeschüttet , für Aktionäre

die bis 15 März registriert sind ! Aktuelle Markkap. 60 Mio US - Sharepreis 2.25 US !!!

http://www.marketwire.com/press-release/Board-Directors-Emer…

Board of Directors of Emerson Radio Corp. Declares Extraordinary Cash Dividend of $1.10 per Common Share

MOONACHIE, NJ--(Marketwire - March 2, 2010) - Emerson Radio Corp. (NYSE Amex: MSN) today reported that its Board of Directors this morning declared an extraordinary cash dividend of $1.10 per common share payable on March 24, 2010 to shareholders of record of the Company at the close of trading on March 15, 2010.

In announcing the dividend, Adrian Ma, Chief Executive Officer of the Company, stated that "we are delighted to be in a position as a company to make a cash distribution of this magnitude to our shareholders, as the Board believes its current and forecasted levels of working capital exceed the amount needed for the Company to execute successfully its strategic plan for the future. After the distribution, Emerson will have virtually no debt and approximately $11.5 million in cash with which to run the business."

The Company also announced that, in principle, its lead bank had consented to the dividend payment and had agreed with the Company, consistent with the forecasted borrowing needs of the Company through the facility's December 2010 expiration date, to reduce the maximum credit available under the facility from $45 million to $15 million and to limit credit advances to cash collateralized letters of credit.

The Company is exploring its tax history to determine the portion, if any, of the dividend which will not be subject to United States Federal Income Tax.

In mid February, Emerson reported net income for nine months ended December 31, 2009 of $7.7 million, or $0.29 per diluted share on net revenues of $155.4 million, compared to a net loss of $2.3 million or $0.09 per diluted share on net revenues of $157.4 million for the same period of the prior fiscal year.

About Emerson Radio Corp.

Emerson Radio Corporation (NYSE Amex: MSN), founded in 1948, is headquartered in Moonachie, N.J. The Company designs, sources, imports and markets a variety of home appliance and consumer electronic products, and licenses its trademarks to others on a worldwide basis for a variety of products. For more information, please visit Emerson Radio's Web site at www.emersonradio.com.

Forward Looking Statements

This release contains "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including the risk factors detailed in the Company's reports as filed with the Securities and Exchange Commission. The Company assumes no obligation to update the information contained in this news release.

-----------------------

gruß
massel

[Massel]

http://www.bloggingstocks.com/2009/12/27/top-picks-for-2010-…

Top Picks for 2010: Emerson Radio (MSN)

Posted Dec 27th 2009 3:00PM by Steven HalpernSteven Halpern RSS Feed
Filed under: Newsletters, Stocks to Buy, Best Stocks for 2010
More

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

"Emerson Radio (MSN) is an attractive, low-priced stock," says Bill Matthews, a specialist in lower-priced issues.

The advisor, who has been publishing The Cheap Investor for nearly three decades, suggests, "The stock has the potential for significant appreciation in 2010."

Matthews explains, "In this market, we wanted to recommend a quality low-priced stock that is relatively safe, has good increasing revenues and outstanding earnings.

"We are also looking for a stock that is selling at an attractive low price, and has the potential for significant growth and stock appreciation in 2010. Emerson Radio fits these criteria.

"Emerson Radio is a household name. Together with its subsidiaries, it engages in designing, marketing, selling, and licensing various consumer appliance, electronic and houseware products.

"It products are sold in the United States and internationally. Emerson Radio Corp. markets its products under the Emerson and HH Scott brands.

"The company distributes its products primarily through mass merchandisers, discount retailers, toy retailers, and distributors and specialty catalogers in the United States.

"Emerson has an excellent balance sheet with $29 million or $1.06 per share in cash, a book value of $2.25 per share and less than $6 million in debt. Insiders own 65% of the 27 million total shares outstanding and 22 institutions own 17% of the float.

"Emerson has excellent financials for the six-month period ended September 30. Revenues are $107 million up from $97 million a year ago. Net income is $4.3 million or $0.16 a share up from a loss of ($242,000) or (.01) a share verses a year ago.

"If you look at Emerson's stock chart between June 2002 and June 2003, you'll see that the price soared from $1.50 to $7.50 because of excellent revenue and earnings increases. We believe, that if Emerson continues its earnings growth, the price could skyrocket again."

Steven Halpern's TheStockAdvisors.com offers a free daily overview of the favorite stocks of the nation's leading financial newsletter advisors.
--------------------------------------------

Mein Kurzeil , ca. 5 US, weil sie auch u.a. Artikel fürs iPhone und iPod verkaufen und die "Biester" boomen....

Gruß
massel

[Massel]

Die ersten Pre-Market-Daten:


Pre-Market Trade Reporting
Pre-Market Charts | After Hours Charts
Pre-Market
Last: $ 3 Pre-Market
High: $ 3.08
Pre-Market
Volume: 4,500 Pre-Market
Low: $ 3
Trade Detail
Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
08:00 $ 3 1,100
08:00 $ 3.08 150
08:00 $ 3.08 1,500
08:00 $ 3.08 650
08:00 $ 3.08 100
07:41 $ 3 550
07:40 $ 3 350
07:39 $ 3 100

-------------------


gruß
massel

[TurboDad]

nice one gratuliere wie lange willst die denn laufen lassen?

[Massel]

Rt 3.30 us

da kann man nicht meckern......

Ich bleib bis zur divi drinn.......

Bin einfach zu neugierig.

Gruß
Massel

[TurboDad]

ja denke auch bin bis nach Divi dabei wenn die exD vom jetzigen Kurs dann entsprechend bereinigen und die 3 Quarter 29 Cent je Aktie also aufs Jahr etwa 40 Cent verdient haben ist das KGV immer noch sensationell

bin recht positiv gestimmt wobei ich normal Aktien mit so kleiner Marktkapitalisierung nicht kaufe wobei mich das schon bei cinemaxx erheblich geaergert hat sie nicht gekauft zu haben mit dem 3D ist denke ich im Kino wieder richtig Geld zu machen zumindest bis die Technik auch f zu Hause da ist

[Massel]

Antwort auf Beitrag Nr.: 39.053.366 von TurboDad am 03.03.10 20:06:39

Ich hatte eben nur das iPhone zur Hand, jetzt mal ausführlicher:

ich bin auch nach dem Reg.-Datum zuversichtlich das der Abschlag nicht allzu groß ausfallen wird. Hier die Gründe:

1.) in den Ami-Boards geht man von einem erheblichen Rückschlag aus
= Euphorie nich allzu groß (das ist gut)

2.) Es gibt nur 27 Mio Shares und davon sind anscheinend sehr viele in starken Händen (siehe Bericht oben), daher denke ich NICHT das diese "Instis" nur auf Dividendenauszahlung aus sind und danach schmeißen. Kann also gut sein, das Diejenigen welche auf fallenden Kurs am 16.3. setzten, sich noch wundern werden wie stabil der Kurs an dem Tag bleibt.

3.) Die Dividenbekanngabe kam am 2.3, ich gehe mal davon aus, dass man noch den Februar geschäftlich abwarten wollte um die Höhe der Zahlung genau abschätzen zu können. Bei Emerson endet das Fiscal Jahr zum 31.3. ! Kann gut sein, dass das 4. Quartal noch Überaschungen im positiven Sinn für die Aktionäre beinhaltet.
Ich weiss nicht genau wie die in USA verbuchen und die Zahlungsmodalitäten unter Kunden - Lieferanten dort sind. In Deutschland haben solche Riesenkunden wie QVC , Walmart etc pp Zahlungsziele bis / nicht unter 90 Tagen. Will heißen, vielleicht werden die Weihnachtsumsätze oder dicke Brocken davon erst im 4 Q. verbucht und wir sehen noch einen richtigen Endspurt im Ergebnis bei Emerson....

Viele Mutmaßungen ich weiss, aber nennt man das nicht auch Phantasie die den Kurs beflügeln kann ??

Gruß
massel

PS: Das Volumen an Trades ist gestern und heute nun auch nicht zu verachten und vielleicht findet Emerson mit der positiven "Dividenden PR" nun auch neue Fans für die Aktie, vielleicht, nö, da bin ich mir eigentlich sicher.

[TurboDad]

nuja bleib einfach locker und behalt sie ein paar Tage

[Massel]

ich bleib locker verprochen..... RT 3,55 US



gruß
massel

[TurboDad]

puh bis exD drin bleiben kann man eigentlich nur hoffen dass DAB mit der Zubuchung der Divi nicht ueberfordert ist nunja ne Divi bekommen se sicher hin

[Massel]

Antwort auf Beitrag Nr.: 39.061.499 von TurboDad am 04.03.10 17:57:18

Hinweis zur DIVI,

in den Amiforen wird diskutiert ob man nicht bis zum 25.3. einschließlich halten muß,
es gibt da "anscheinend" eine SPEZIELLE 25% "Aktienwert" Regelung die den 15.3. aushebelt und besagt, das bis einem Tag NACH Ausschüttungstermin (hier der 24.3.) gehalten werden muß um die Dividende zu bekommen....

Gruß
massel

[Massel]

es läuft aber mal richtig rund...

Irgendwie bekomm ich das Gefühl , dass die Aktien langsam KNAPP werden.....

Jetzt haben die Broker erstmal Zeit über Nacht paar neue zu besorgen

Gruß
Massel

[TurboDad]

nur nochmal weil so schoen ist

die kosten jetzt 3,60 USD schuetten 1,10 USD aus also dann 2,50 USD mit mind 40 Cent Gewinn pro Aktie

wie ist das eigentlich mit der Divi wenn ich in D Steuerausländer bin?

[Massel]

Antwort auf Beitrag Nr.: 39.067.879 von TurboDad am 05.03.10 12:16:41

Ohne Gewähr: normalerweise wirst Du dann in deinem Heimatland steuerlich veranlagt....
-------------------------
Pre-Market Trade Reporting
Pre-Market Charts | After Hours Charts Pre-Market
Last: $ 3.66 Pre-Market
High: $ 3.76 Pre-Market
Volume: 3,410 Pre-Market
Low: $ 3.61



gruß
massel

[TurboDad]

das ist klar d.h. die ueberweisen mir die Divi erstmal ohne steuerabzug und wie wird das dann in Euro umgerechnet mit dem aktuellen Händlerkurs?

[TurboDad]

P.S. ich wuerde die momentan auch behaten weil ich eh auf nen steigenden Dollar setzen wollte

[Massel]

Antwort auf Beitrag Nr.: 39.070.282 von TurboDad am 05.03.10 15:57:55

ja, kommt in Dollar und wir an dem tag in Euro umgerechnet....

RT 3,80 US

könnte sein , dass heute die 4 US sogar noch fallen.....

gr´ß
massel

[coolrunning]

Ich bin gerade zufällig auf den Wert gestossen.

Ich doch recht merkwürdig, bei diesem Gewinn und Anzahl shares eine Divi von 1,10 Dollar auszuschütten.
Findet ihr nicht ?

Mich würden die Hintergründe bzw. deren Seriösität interessieren.

Hat sich jemand von euch intensiver mit dem Wert beschäftigt ?


Danke im voraus für die "Lichtspender"...

[Massel]

Antwort auf Beitrag Nr.: 39.076.485 von coolrunning am 06.03.10 16:52:24

iss mir am Anfang genauso gegangen "merkwürdig"....
ich machs kurz und knapp, schau Dir einfach mal die Homepage
von Emerson Radio an.

Haben Kunden wie Walmart und QVC; Wallmart ist eine riesen Laden haben über 100.000 Lieferanten aber unheimlich strenge Auswahlkriterien. (weiss ich von einem Geschäftspartner),
Klitschen oder dubiose Zulieferer würden von denen niemals akzeptiert.

Ich denke die wollten hauptsächlich mehr Aufmerksamkeit für der Unternehmen, vorallem für die Aktie erziehlen und haben deswegen diese "Hammer-Einmal-Dividende" als PR ins Leben gerufen.

Ist Ihnen ja auch gelungen

Ich hab da noch einen interessanten Aspekt im Amiforum aufgeschappt: Könnte gut sein, dass das Mangement von Emerson nächste Woche anfängt eigene Shares vom Markt zu kaufen um die "Fremd-Dividende" zu beschränken.
Ich halte dieses Argument für absolut plausibel.

Gruß
massel

[coolrunning]

Antwort auf Beitrag Nr.: 39.077.805 von Massel am 07.03.10 09:36:59

Es könnte aber auch sein, dass der Wert nach der Divi in eine Region fällt, die keine Rendite bringt, auch wenn Insti´s viele shares haben.

Wenn ich bei 2 Dollar reingekommen wäre... o.k. das wäre ein kleines Risiko.
Was aber, wenn der Kurs auf 2 Dollar fällt ?

Nee... da hätte man vorher drin sein müssen.
Das bereinigte Ergebnis beträgt nach drei Quartalen 7,8 Mio Dollar und die schütten fast 30 Mio aus ? Da müssen die aber ein dickes Festgeldkonto haben, was sich mir derzeit nicht erschließt.
Der Umsatz ist gegenüber Vorjahr gesunken, also auch nicht unbedingt gute Vorzeichen.
Aber vielleicht habe ich irgendwo einen Denkfehler...
Schauen wir in ein paar Wochen einmal...


Trotzdem wünsche ich allen Beteiligten natürlich Glück.

running

[tHe_mIcHi]

hab ich das jetzt richtig verstanden, die zahlen für jeden der bis 15.3. aktien halt ne dividende von 1,10$
falls, ein einmaliges angebot da dasderzeit ca 1/3 des kurses ist, der kurs wird bestimmt noch weiter steigen von dem her.. alle rein da. oder habe ich was falsch verstanden?!

[Massel]

Antwort auf Beitrag Nr.: 39.078.368 von tHe_mIcHi am 07.03.10 12:21:56

Nein, ACHTUNG:

Du müsstest die Aktie bis 25.3 halten !
Die Dividende (1,10 US) betrug mehr als 25% des Aktiewertes
zum Zeitpunkt der Bekanntgabe. Daher tritt hier die Regelung
in Kraft, dass die Mindesthaltezeit auf einen Tag NACH Ausschüttungsdatum (also der 25.3.) verlegt wird.

siehe auch:
http://nasdaq.cchwallstreet.com/nasdaqtools/platformviewer.a…

@collruning:

No risk no fun, ich persönlich habs noch nie "live" ne Aktie erlebt die 1,10 US Dividende bei so einem niedrigen Kursniveau zahlt. Wenn schief gehen sollte, oder zum 0-Deal werden sollte, bin ich gern bereit dadür Lehrgeld zu zahlen; NUR BISHER KANN ICH NEGATIVES FINDEN...

Gruß
massel

[Massel]

geht besser:

http://nysemanual.nyse.com/LCMTools/PlatformViewer.asp?selec…

gruß
massel

[Massel]

Hier die ersten Pre-Market daten:

Pre-Market Trade Reporting
Pre-Market Charts | After Hours Charts Pre-Market
Last: $ 3.80 Pre-Market
High: $ 3.80 Pre-Market
Volume: 6,200 Pre-Market
Low: $ 3.80

Trade Detail
Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
08:02 $ 3.80 100
08:02 $ 3.80 100
08:02 $ 3.80 2,500
08:02 $ 3.80 2,300
08:02 $ 3.80 200
08:02 $ 3.80 300
08:02 $ 3.80 460
08:02 $ 3.80 240
--------------------------

gruß
massel

[Massel]

UPPS, im Pre-Market war die 4 US schonmal da...

Pre-Market
Last: $ 3.95 Pre-Market
High: $ 4.04 Pre-Market
Volume: 12,200 Pre-Market
Low: $ 3.80

[Massel]

Sieht richtig vielversprechend im Pre-Market aus:

Pre-Market Trade Reporting
Pre-Market Charts | After Hours Charts Pre-Market
Last: $ 4 Pre-Market
High: $ 4.09 Pre-Market
Volume: 60,208 Pre-Market
Low: $ 3.80

[TurboDad]

menno Massel Du bist ein Nervenbuendel versuch mal 2 Tage nicht da drauf zu sehen

Du hast das Richtige gekauft also einfach Geduld haben jetzt ist sicher nicht wild die Ende des Monats noch zu haben

[Massel]

keinn Sorge , Nerven sind noch lange O.K.I Doki....

freu mich einfach wie ein Schneekönig ein richtig schönes Zugpferd im Stall zu haben.....

RT 4.00 US

gruß
massel

[Massel]

die 4 US können wir abhaken.....


RT 4,10 US bei steigendenm Volmuen

[TurboDad]

Kursziel von 5 USD war vielleicht garnicht so schlecht gegriffen fuer diesen Monat aber kann mir echt vorstellen dass die nach der HV noch 2-3 Euro weiter laufen ich mach mal ausnahmsweise das Richtige und bin geduldig

http://finance.yahoo.com/q/is?s=MSN

momentan gibt es einige gute Sachen da draussen aber ich bleib drin hab schon oefters genau das Richtige gehabt aber war bei Softbank etc. zu ungeduldig

[Massel]

Service , hier die ersten PRE-MARKET Kurse:


Pre-Market Trade Reporting
Pre-Market Charts | After Hours Charts
Pre-Market
Last: $ 4.40 Pre-Market
High: $ 4.40
Pre-Market
Volume: 560 Pre-Market
Low: $ 4.39
Trade Detail
Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
08:04 $ 4.40 200
08:03 $ 4.39 160
08:03 $ 4.39 100
08:03 $ 4.39 100

[TurboDad]

menno die Aktie hier ist nice aber wenn ich washington mutual sehe das ist ja der hammer in der kurzen zeit bin mal gespannt wie tief die faellt wenn die da das naechste Mal die Luft rauslassen

[Massel]

Antwort auf Beitrag Nr.: 39.093.636 von TurboDad am 09.03.10 14:59:05

Wamu ist ein reiner, aber astreiner Zock.... ohne Boden und Auffangnetz. Eine falsche News und alles ist hinüber.. und zwar BEVOR OTTONORMALANLEGER noch mit "blauen Auge" raus kann, da wird der Kurs ausgesetzt und das wars dann...

[TurboDad]

wenn zocken in US waere mir immer noch AIG lieber zumindest wenn es die mal wieder unter 20 gibt aber alles nicht so gut wie das hier

[Massel]

jep, sehe ich auch so.... schön fest im Pre-Market:

re-Market Trade Reporting
Pre-Market Charts | After Hours Charts
Pre-Market
Last: $ 4.40 Pre-Market
High: $ 4.51
Pre-Market
Volume: 24,947 Pre-Market
Low: $ 4.36

[Massel]

auch übrigens hatte ich mal bei der Amidiskusion meines anderen Lieblings "Pacer (PACR)" aufgeschnappt, das:

Bei Aktien die 5 US überschreiten Instis aufgrund ihrer Richtlinien ggf. dazu gezwungen werden, diese Aktie ins Depot zu legen.

Als Pacer die 5 US überschritten hatte konnte man einen fetten Anstieg des Volumes beobachten....

Bin mal gespannt...

Gruß
massel

[Massel]

Spitze !! RT 4,65 US

[Massel]

RUMMMS RT 4.75

bei sattem Volumen !!

Gruß
massel

[TurboDad]

das ging ja jetzt schnell aber heute ist ja auch schon Dienstag lol

[Massel]

Antwort auf Beitrag Nr.: 39.094.503 von TurboDad am 09.03.10 16:00:47

wenn manch die Füsse still halten würden und nicht verkaufen würden, würde es richtig UP gehen... Das läuft seit einigen Tagen immer nach dem gleichen Schema ab...Da sind einge im Hintergrund die def. mehr zahlen würden, wenn sie denn müssten

[TurboDad]

ich kann zwar nicht folgen aber egal - hast in US oder hier gekauft?

[Massel]

Antwort auf Beitrag Nr.: 39.094.872 von TurboDad am 09.03.10 16:26:15

IN USA gekauft... ,

nach meiner Meinung wird seitens der Käufer immer abgewartet bis einer verkauft (ausser am Anfang), dann wird gerade nur die Anzahl an Shares aufgesogen die frei sind. Manchmal wird auch ein bischen nachgeholfen indem kleine Stückzahlen verkauft werden um andere zum verkaufen zu animieren.
Aber eigentlich besteht kaum eine Chance zu verkaufen und danach billiger wieder einzusteigen.
Ich habe bisher 6 "fiktive" Ausstiege gesetzt, hätte aber jedes Mal wieder teuerer zurückkaufen müssen, so stark ist der "Zug nach oben"

[Massel]

jetzt haben Sie es geschafft , SL-Lawine......

jetzt werden den Lemmingen die Aktien ausm Depot gesaugt....

[TurboDad]

kann ja nicht immer nur hoch denke naechster Anlauf 5 USD kommmt heute noch irgendnen us forum gefunden wo die Aktie besprochen wird?

[Massel]

Antwort auf Beitrag Nr.: 39.095.776 von TurboDad am 09.03.10 17:43:59

Über Yahoo finance findest Du Diskussionen,

puh hab noch welche zu 4.30 geordert , hoffentlich ist der Auftrag noch durchgegangen.....

gruß
massel

[Massel]

Was will man mehr ??
Besser kann es nicht laufen...

SL-Fishing mit anschließendem Rebound, zeigt welches Potential
noch in Emerson steckt... Die großen Haie fangen an zu jagen...

4,64 USD

+7,16 % [+0,31]

Gruß
massel

[TurboDad]

ja sieht gut aus

Citibank sieht auch gut aus

Washington Mut ham se heute was Luft raus gelassen das ist viel Geld von hier nach US gegangen... der Kurs wird immer noch da gemacht

[TurboDad]

bisserl schlapper start denke die 5 USD werden trotzdem noch vor der Divi getestet

[Massel]

abwarten , der Tag iss noch nicht vorbei....

RT 4.57 US

[TurboDad]

da isser wieder dachte schon ich muss jetzt hier monologe fuehren

[TurboDad]

vor der Divi damit meine ich bis spaetestens Freitag

[Massel]

Antwort auf Beitrag Nr.: 39.106.035 von TurboDad am 10.03.10 17:03:32

Keine Sorge,

bis einschließlich nächste Woche
+ Montag / Dienstag übernächste Woche

bleib ich Dir def. erhalten und wenn die Newslage / Kurslage passt ggf. auch länger....

haste den schönen Kauf (höchstes Tagesvolumen) kurz vor Schluß gesehen ??

Wenn nicht so super Fachexperten geschmissen hätten,
wäre ein klasse Finish möglich gewesen....Deppen...

Gruß
massel

[TurboDad]

hm hier ist ja langweilig hier muss man ja nur auf die Kohle warten habe mir paar Washington Mut gekauft nur fuer alle Faelle

[beWinner]

seit 2 tagen stehen meine zum verkauf.verkauft aber nicht.kann mir einer eine erklärung dafür geben

[TurboDad]

wenn es in Berlin war da will glaube ich der makler auch seinen Schnitt machen

in Amerika sind ja relativ gute Umsaetze kA vielleicht das Limit zu eng? ich wuerde eh die Divi mitnehmen wie willst denn da verlieren?

[Massel]

traurig und bitter der heutige Kursverlauf...
einziger Trost rel. niedriges Volumen.
Habe deswegen mal die letzten zu 3.90 US in Depot genommen.
ist jetz aber auch gut... somst mach ich mir noch den Einstandsschnitt kaputt....
---------------------------------------

Wamu,sei vorsichtig.., wenn es um Gerechtigkeit und Moral gehen würde hätte die schon längst obsiegen müssen.
Denke das die Elite nicht gerne Neureiche im Golfclub sieht mit dem Polohemd "Wamu, ich war dabei"....befürchte das morgen noch nicht viel passieren wird.

Volumen war gestern und heute einfach zu gering.
Desweitern konnte man heute gut beobauchten das mehrfach nur "nebelkerzen" gezündet wurden um einen erneuten Ausbruch vorzutäuschen. Da sind großer Zockergemeinschaften am werkeln....

gruß
massel

[TurboDad]

nuja wenn die heute in nem unruhigen handel nochmal bisser hochgejubelt werden verkauf ich und hol mir noch mehr emerson

[Massel]

Antwort auf Beitrag Nr.: 39.122.648 von TurboDad am 12.03.10 11:49:01

druek dir die Daumen, allerdings waere mein Tip eher biota
die brechen gerade aus einem negativ-Trend aus. Sk heute 2.33 aud.
Hervorragendes unternehmen. Verdienen sich an relenza-Provisionen dumm
in daemlich. Approval fuer neues Medikament (laninamivir) koennte im April fuer
Japan erfolgreich erteilt werden.

Gruß
Massel

[TurboDad]

was sind denn das fuer kurse? hab nochmal 2000 nachgekauft a 2.76 und habe sehr gutes gefuehl abei

[Massel]

denk dran , dass Du noch bis 24.3 Zeit hast....
Ich lieg auch auf der Lauer....

Gruß
massel

[teecee1]

Höhere Dividende
11.03.2010 | 09:58 Uhr

Medion rechnet 2010 wieder mit Gewinnplus

Die Medion AG will für 2009 eine höhere Dividende ausschütten und rechnet für das laufende Jahr mit einem zum Umsatz überproportionalen Anstieg des EBIT. Das im SDAX gelistete Unternehmen will seinen Aktionären eine Gewinnbeteiligung von 20 Cent je Aktie zahlen, teilte Medion am Mittwoch mit. Im Vorjahr lag die Dividende bei 15 Cent je Wertpapier.

Für 2010 ist das Unternehmen aus Mülheim wegen des erfolgreichen Starts vorsichtig optimistisch. Für das erste Halbjahr rechnet Medion mit einem Umsatzplus von 5% bis 10%. Im Gesamtjahr könne ein Erlöswachstum von fünf bis sieben Prozent angenommen werden. Beim EBIT sieht Medion eine Steigerung von 15 bis 20 Prozent.

Die Prognosen für 2010 seien aber aufgrund der schwer prognostizierbaren volkswirtschaftlichen Rahmenbedingungen mit einer hohen Unsicherheit verbunden, gibt Medion zu Bedenken

2009 hatte die Medion AG nach vorläufigen Zahlen ein EBIT von 18,8 (34,4) Millionen Eurio und Erlöse von 1,41 (1,6) Millarden Euro erzielt. Die Hauptversammlung soll am 26. Mai 2010 über den Dividendenvorschlag abstimmen. (Dow Jones/rw)

... ... Lesezeichen ...

[TurboDad]

hey teecee im falschen Thread gelandet? wie lange dauert eigentlich die Zubuchung von ner US Divi wenn der Termin 24.3. ist?

[Massel]

das ist von Bank zu Bank unterschiedlich,
normalerweise müsste es noch in der selben Woche
klappen. Bei meiner letzten (biota) war es
innerhalb einer Woche da, die brauchten dann aber nochmal knapp ne Woche um es in Euro zu "konvertieren"....

Gruß
massel

[TurboDad]

hey Massel hast Du die 1000 in Berlin gekauft oder hat da noch wer anders nen Funken Verstand gehabt?

[TurboDad]

hmm DAB bin mal gespannt...

[TurboDad]

aehm wenn das mit dem Halten der Aktien bis 25.03. stimmt was passiert denn mit dem Divianspruch bei den Aktien die zwischen gestern und 25.03. den Besitzer wechseln?

Verfaellt da dann der Divianspruch?

[ruesselmaus04]

Antwort auf Beitrag Nr.: 39.150.599 von TurboDad am 16.03.10 15:52:28

Keine Divi, da der Ex-Tag der 15. März war.
Die Aktien müssen bis zum 15.03. im Depot gutgeschreiben worden sein um eine Divi zu erhalten.
Alles was später eingebucht wurde geht leer aus.

[tHe_mIcHi]

also wenn ich jetzt verkaufe bekomme ich keine divi, obwohl ich sie schon vor dem 15. hatte?!

[ruesselmaus04]

Antwort auf Beitrag Nr.: 39.152.668 von tHe_mIcHi am 16.03.10 18:55:27

JA!!!!


und wenn du mir nicht glaubst, dann schaust du hier nach:

http://finra.complinet.com/en/display/display.html?rbid=2403…


ruesselmaus04

[Massel]

ex-date ist der 25. ! (ACHTUNG nicht mit dem Record-date verwechseln)

das heisst es kann noch bis einschl. 24 . gekauft werden um die Divi zu bekommen. (Aussage meiner Bank)

Es gilt hier die 25%-Regelung nachdem dort as ex-date auf einen Tag nach Zahltag verlegt wird. siehe auch:

http://groupssa.com/understandingdividenddates.html

Headline: Dividends of 25% or More of a
Company's Net Worth

Summary

All the above dividend date information can be broken down to into five simple statements:

1. The record date determines which shares receive the dividend.

2. The ex-dividend date determines which shareholders receive the dividend.

3. For normal dividends, the ex-dividend date is two business days before the record date.

4. For dividends above 25% of the net worth of the company, the ex-dividend date is the first business day after the payment date.

5. Dividends are not free money - the price of the stock is reduced by the amount of the dividend at the open of trading on the ex-dividend date.
----------------------

gruß
massel

[tHe_mIcHi]

???
ich dachte man müsste von 15. bis 25. halten, und du sagst jetzt es genügt wenn man am 24. kauft.. ?!

[Massel]

Antwort auf Beitrag Nr.: 39.154.677 von tHe_mIcHi am 16.03.10 22:57:13

dachte ich auch zuerst, bis die 25% Regelung ins Spiel kam.

1.) Man muss GRUNDSÄTZLICH bis nach ex-date halten.

ABER hier erfolgt eine besondere Verschiebung des ex-dates:

Aufgrund dessen, dass die Divi mehr als 25% des Aktienkurses
am Tag der Divi-Bekanntgabe ausmacht, wird das ex-date auf einem
Tag nach Zahlungstag (24.3.) also 25.3 verlegt.

Bei normalen Aktiendivis (also kleiner als 25%) liegt das ex-date normalerweise rund um den recorddate.

Viele verwechseln anscheinend Recordate mir "Registrierung" der Aktionäre zur Berechtigung für den Erhalt der Dividende. Das ist falsch !!

Recordate legt nur die Aktien fest welche mit der Dividende belegt werden. (sollten z.B. zwischen Recorddate und Zahltag neue Aktien ausgegeben werden, so erhalten diese keine Dividende)

Am ex-date werden dann die Aktionäre registriert die die Dividende erhalten.(hier der 25.3.)

Folglich ist es völlig unerheblich wer nun ZWISCHZEITLICH , also zwischen dem 15. und 23. "tradet". Alle Aktionäre die nach dem 25.3. noch Aktien halten und spätestens am 24.3 gekauft haben bekommen die Dividende.

(Am 25. darf noch nicht verkauft werden !! , erst am 26.)
Letzter möglicher Kauftag ist der 24.3.
Käufe am 25.3. (ex-date) werden nicht gewertet, sondern neutral behandelt.

Meine Bank hat dies so bestätigt, ich empfehle zur Sicherheit aber die eigene Bank um schriftliche Auskunft / Bestätigung zu bitten !

Ich denke , ich hab es richtig verstanden, bitte klärt es aber mit der eigenen Bank zur Sicherheit ab.

Gruß
massel

[TurboDad]

macht Sinn es kann ja nicht zwei relevante Daten geben. Wobei wenn ich mir den Kurs und die Hoehe der Divi anschauen sollte der Ex-Tag schon gewesen sein

[ruesselmaus04]

Antwort auf Beitrag Nr.: 39.154.834 von Massel am 16.03.10 23:56:10

Bitte Bedenken, das es 2-3 Arbeitstage dauert, bis die Aktien ins Depot eingebucht sind.
Diese Tage würde ich jedenfalls mit berücksichtigen, um auf der sicheren Seite zu sein.


Kann ja nicht schaden ein wenig vorsichtiger zu sein.....

[TurboDad]

einer von unseren Technikern hat immer eine gute Nase und der will die etwas laenger behalten - mache ich auch

[Massel]

schließ mich vorbehaltlos an....
glaube nicht , das Emerson vorhatte sich Konkurs zu
"dividendieren".....

gruß
massel

[teecee1]

[urlSo Close, Yet So Far - SSHS, MSN, and NEXM]http://www.smallcapnetwork.com/So-Close-Yet-So-Far-SSHS-MSN-and-NEXM/s/article/view/p/mid/2/id/212/

Small cap stocks Emerson Radio, Safeguard Security Holdings, and NexMed are run through a technical trading wringer.[/url]
By James E. Brumley
Published: Wednesday, March 17, 2010 @ 8:34 AM PDT

I'm not even going to pretend to know where Emerson Radio Corp. (AMEX:MSN) will end up a few days from now. I do, however, have a pretty good idea of the clues that could line up to tell us that information within the next few days. Until they play out though, the best way to handle MSN may be from the sidelines.

It's no surprise to me that MSN is up a tad today.... it got crushed yesterday, and something of a dead-cat bounce could have been expected. That said, I find it more than a little interesting that Emerson Radio also stopped its tumble yesterday - and reversed - after it touched its 38.2% Fibonacci retracement level. That in itself isn't a show-stopper, but we can also see that the 61.8% retracement line had also been support as well as resistance within the prior five months. [It's not a coincidence, as Fibonacci extensions are just as common as Fibonacci retracements.]

So what? The 'so what' is that we now have a couple of big lines in the sand for Emerson Radio Corp. Granted, one of them is about 25% under this small cap stock's current price, and would inflict pain if it retested the $2.11 mark. We'll burn that bridge when we come to it though. For now, the 38.2% line at $3.13 is holding up, and I'd first like to give MSN the opportunity to establish a base there.



... ... diese Woche Bodenbildung ... der Rest steht in den Sternen ...

[TurboDad]

nuja man muss ja nicht jeden Mist glauben den jmd sagt Charttechnik in Ehren aber de facto ist die Aktie sehr billig v.a. unter beruecksichtigung der sonderdivi

[Massel]

Antwort auf Beitrag Nr.: 39.172.981 von TurboDad am 18.03.10 21:24:28

genauso isses, ausserdem findet man sowieso für jeden Pott einen Deckel, wenn man will.....

Ich denke wir werden noch bis zum Stichtag des letzt möglichen Kaufes (zum Erhalt der Dividende (24.3.)) noch über 4 US maschieren, danach gibt es den Abschlag und ich denke , das wir dann wieder unter 4 , so in einer Range zwischen 3,25 und 3,50 landen werden.

Dies würd ich persönlich als hervorragend ansehen, da mein durchschnittlicher EK darunter liegt. (isch weiss egoistisch)

Ist auf jeden Fall interessant die Kursentwicklung in den nächsten Tage genaustens zu verfolgen, speziell das Volumen, da kann man sicherlich gute Rückschlüsse auf die Zeit nach der Divi ziehen..

Gruß
massel

[TurboDad]

WART

hoffentlich habe ich die Divi schnell drauf

Ich bin jung und brauch das Geld

[Massel]

14:48:14 9,5200 1500
14:47:53 3,0400 300
14:47:52 3,0400 300
14:47:52 3,0500 1800
14:47:06 3,0500 2500
14:47:05 3,0601 525
---------------------------------------------

auch nicht schlecht, so ein "Glückspilz"......

gruß
massel

[TurboDad]

verar*** mich nicht da hat nicht 9,52 USD gezahlt bzw verkauft oder?

[ruesselmaus04]

Antwort auf Beitrag Nr.: 39.207.035 von TurboDad am 24.03.10 16:12:29

doch, das ist wahr!!!!!

9,52 $ pro Stück

dafür würde ich meine auch hergeben !!!!!!!!!

schau selbst nach. Z.B. hier:

https://www.cortalconsors.de/euroWebDe/-?$part=financeinfosH…


ruesselmaus04

[TurboDad]

hmm die Url gibbet nicht mehr

[ruesselmaus04]

Antwort auf Beitrag Nr.: 39.207.645 von TurboDad am 24.03.10 17:14:34

Gut dann eben nicht.
Geh auf die Seiten von Consors, such Emerson und dann auf Kurse, danach auf Kurse und auf Times&Sales. Dann die Uhrzeit - dann ist der Eintrag.

Viel Spaß beim suchen.

Ruesselmaus04

[TurboDad]

ja es stimmt unglaublich

aber wer kauft so ne aktie ohne limit und welcher arsch stellt die mit so nem preis ins ask

[TurboDad]

bin jetzt erstmal auf den Kurs exD morgen gespannt

[TurboDad]

geht doch

schon wieder 1,80 euro etwa

[TurboDad]

Divi bei DAB schon gut geschrieben

[Massel]

Antwort auf Beitrag Nr.: 39.222.516 von TurboDad am 26.03.10 13:17:43

JEP meine ist auch DA !!

war untern´m Strich mit einem mittleren EK von 2,80 US ein durchaus lohnendes Geschäft, trotz der Unkenrufe in den Amiboards, nachdem der Kurs bei ca. 1.15 US nach Abzug der Dividende hätte landen sollen...

Gruß uns schönes Wochenende
massel

PS: Schaut euch mal Cost Post (CPWM) an, ist seit gestern neu in meinem Stall, haben gute Zahlen gebracht und Chart sieht nach kräftigen Rebound aus. (könnte so gut wie Pacer (PACR) laufen, weil gleiche Voraussetzungen)

[Massel]

Fehlerteufel: COST PLUS (CPWM) ist richtig

[TurboDad]

bisserl enttaeuscht bin ich doch vom aktuellen Kurs denke aber wenn die naechsten Zahlen kommen geht der wieder etwas besser wenn die noch sehr weit fallen kauf ich einfach nach

[teecee1]

... ... die Form etwas gewöhnungsbedürftig ... alldays emerson

[TurboDad]

nuja Kurs geht ja langsam wieder

[teecee1]

- Proxy Statement (definitive) (DEF 14A)

Date : 10/21/2011 @ 3:51PM
Source : Edgar (US Regulatory)
Stock : (MSN)
Quote : 1.74 0.02 (1.16%) @ 8:00PM


EMERSON RADIO CORP.
85 OXFORD DRIVE
MOONACHIE, NEW JERSEY 07074

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD NOVEMBER 9, 2011

Dear Stockholder:

As a stockholder of Emerson Radio Corp., you are hereby given notice of and invited to attend in person or by proxy our 2011 Annual Meeting of Stockholders to be held at our offices located at 85 Oxford Drive,, Moonachie, New Jersey 07074, on Wednesday, November 9, 2011, at 9:00 a.m. (local time).

At this year’s stockholders’ meeting, you will be asked to (i) elect seven directors to serve until the next annual meeting of stockholders and until their respective successors shall have been duly elected and qualified, (ii) ratify the appointment of MSPC Certified Public Accountants and Advisors, A Professional Corporation (“MSPC”) as our independent registered public accountants for the fiscal year ending March 31, 2012 and (iii) transact such other business as may properly come before the meeting and any adjournment(s) thereof. Our Board of Directors unanimously recommends that you vote FOR the directors nominated and the ratification of MSPC. Accordingly, please give careful attention to these proxy materials.

Only holders of record of our common stock as of the close of business on October 14, 2011 are entitled to notice of and to vote at our annual meeting and any adjournment(s) thereof. Our transfer books will not be closed. ...


Important Notice of Availability of Proxy Materials for the Annual Meeting of Stockholders to be held on November 9, 2011.

Our proxy materials, including our Proxy Statement for the 2011 Annual Meeting, 2011 Annual Report to Stockholders (which contains our Annual Report on Form 10-K for the year ended March 31, 2011) and proxy card, are available on the Internet at http://www.amstock.com/proxyservices/viewmaterial.asp?CoNumb….


THE BOARD OF DIRECTORS URGES YOU TO VOTE “FOR”
EACH OF THE NOMINEES FOR DIRECTOR SET FORTH ABOVE.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
OWNERS AND MANAGEMENT ...

(3) Herr Will das Eigentum besteht aus Optionen auf 50.000 Aktien der Gesellschaft Stammaktien gemäß Emerson aus dem Jahr 2004 Non-Employee Director Stock Option Plan, die ihre Zusagen innerhalb von 60 Tagen 14. Oktober 2011 sind zu erwerben.

... ... das Räsel ist gelöst. ...

Shares Owned by Insitutions
84.50% ... + 0,2%



Number of Institutions 35


Controlling Shareholder

Grande’s Ownership Interest in Emerso n. Grande has advised the Company that, as of March 31, 2011, one of its indirect subsidiaries, S&T International Distribution Ltd. (“S&T”), held beneficially 15,243,283 shares or approximately 56.2% of the outstanding common stock of Emerson. That number of shares includes the 3,391,967 Pledged Shares which, according to public filings made by Deutsche Bank in March 2010 had previously been pledged to Deutsche Bank to secure indebtedness owed to it. In February 2011, Deutsche Bank filed a Schedule 13G with the SEC stating that Deutsche Bank had sole voting and sole dispositive power over the Pledged Shares (which represent approximately 12.5% of the Company’s outstanding common stock). The Company believes that both Grande and Deutsche Bank have claimed beneficial ownership of the Pledged Shares. As of October 14, 2011, the Company has not been able to verify independently the beneficial ownership of the Pledged Shares. ...

Legal Proceedings

In re: Kayne Litigation. On July 7, 2011, the Company was served with an amended complaint (the “Complaint”) filed in the United States District Court for the Central District of California alleging, among other things, that the Company, certain of its present and former directors and other entities or individuals now or previously associated with Grande, intentionally interfered with the ability of the plaintiffs to collect on a judgment (now approximately $47 million) they had against Grande by engaging in transactions (such as the dividend paid to all shareholders in March 2010) which transferred assets out of the United States. The Complaint also asserts claims under the civil RICO statute and for alter ego liability. In the Company’s opinion, based on an initial review, the claims appear to be devoid of merit. Accordingly, on September 27, 2011, Emerson moved to dismiss the action for failure to state claim (the “Motion”). The Court has scheduled oral argument for the Motion for December 19, 2011. In the interim, and in the event that the Motion is denied, Emerson intends to defend the action vigorously. ...


STOCKHOLDER COMMUNICATIONS AND PROPOSALS
The Company’s Board of Directors has established a procedure that enables stockholders to communicate in writing with members of the Company’s Board of Directors. Any such communication should be addressed to the Company’s Secretary and should be sent to such individual c/o Emerson Radio Corp., 85 Oxford Drive, Moonachie, New Jersey 07074. Any such communication must state, in a conspicuous manner, that it is intended for distribution to the entire Board of Directors. Under the procedures established by the Board of Directors, upon the Secretary’s receipt of such a communication, the Company’s Secretary will send a copy of such communication to each member of the Board of Directors, identifying it as a communication received from a stockholder. Absent unusual circumstances, at the next regularly scheduled meeting of the Board of Directors held more than two days after such communication has been distributed, the Board of Directors will consider the substance of any such communication.

Stockholder proposals to be presented at the Company’s Annual Meeting of Stockholders to be held in 2012, for inclusion in the Company’s proxy statement and form of proxy relating to that meeting, must be received by the Company at its offices located at 85 Oxford Drive, Moonachie, New Jersey 07074, addressed to the Secretary, on or before June 18, 2012. If, however, the date of the Company’s 2012 Annual Meeting of Stockholders is changed by more than thirty (30) days from the date of its 2011 annual meeting, the deadline is a reasonable time before the Company begins to print and mail its proxy materials for the 2012 Annual Meeting of Stockholders. Such stockholder proposals must comply with the Company’s bylaws and the requirements of Regulation 14A of the Exchange Act. See “Election of Directors” for information on stockholder submissions of nominations for election to the Board of Directors.

Rule 14a-4 of the Exchange Act governs the Company’s use of discretionary proxy voting authority with respect to a stockholder proposal that is not addressed in the proxy statement. With respect to the Company’s 2012 Annual Meeting of Stockholders, if the Company is not provided notice of a stockholder proposal prior to September 1, 2012, the Company will be permitted to use its discretionary voting authority when the proposal is raised at the meeting, without any discussion of the matter in the proxy statement. ...

... ... ich stimme dafür (for) signatur: ****** **** date: 11.06.2011

[teecee1]

5. Emerson Radio Corp. (MSN) is an electronic equipment company that is currently trading with a P/B ratio of 0.79. The company's trailing twelve month ROE stands at 21.13%. Other notable valuation measures include a $48.83 million market cap, 0.27 price-to-sales ratio (P/S), and -45.30% quarterly earnings growth, year over year.



Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in BSET, OME, EVK, JOUT, MSN over the next 72 hours.



Shares Owned by Insitutions
88.70%



Number of Institutions 32

[teecee1]

Emerson Radio Corp: Insider Trading and Stock Options

Transaction & Date
2012-01-06
Sale(C)

Reported Date
2012-01-09
4:24 pm

EMERSON RADIO CORP / MSN / DEUTSCHE BANK AG / 9,322 / $1.677 / 15,631

----------------------------------------------------------------------------

Shares Owned by Insitutions
88.00%

- 0,7%

[teecee1]

Emerson Radio Corp. Reports Full Year Fiscal 2012 and Fourth Quarter Fiscal 2012 Results
Marketwire
Press Release: Emerson Radio Corp. – 6 hours ago

HACKENSACK, NJ--(Marketwire -07/13/12)- Emerson Radio Corp. (MSN) (MSN) today reported financial results for its full year and fourth quarter ended March 31, 2012.

Net revenues for fiscal year 2012 were $163.3 million, a decrease of $37.5 million, or 18.7%, as compared to fiscal year 2011 net revenues of $200.8 million. The decline in year-over-year net revenues was driven by a $31.6 million, or 17.7%, decline in net sales of houseware products, which was the result of lower year-over-year sales of microwave ovens (due primarily to the discontinuation of one model by one of the Company's largest retail customers beginning in December 2010), toaster ovens, wine coolers and coffee makers, partly offset by higher year-over-year net sales of compact refrigerators, and a $5.0 million, or 32.2%, decline in net sales of audio products. Licensing revenues for fiscal year 2012 were $6.3 million, a $1.0 million, or 14.2% decrease from the $7.3 million of licensing revenues for the fiscal year 2011 due to lower year-over-year sales by the Company's licensees of branded products under license from the Company and fewer active licensees during fiscal 2012 as compared to fiscal 2011.

Net revenues for the fourth quarter of fiscal 2012 decreased by $14.2 million, or 34.6%, to $26.9 million as compared to net revenues in the fourth quarter of fiscal 2011 of $41.1 million. The decline in year-over-year net revenues for the fourth fiscal quarter was driven primarily by a $13.3 million, or 36.4%, decline in net sales of houseware products, which was the result of lower year-over-year net sales in all product categories, and a $0.5 million, or 18.1%, decline in net sales of audio products. Licensing revenues for the fourth quarter of fiscal 2012 were $1.5 million, a $0.5 million, or 23.8%, decrease from the $2.0 million of licensing revenue for the fourth quarter of fiscal 2011 due to lower year-over-year sales by the Company's licensees of branded products under license from the Company.

Operating income for the fiscal year 2012 was $11.9 million, a decrease of $7.0 million, or 37.2%, from operating income of $18.9 million for fiscal year 2011 due primarily to a combination of lower net revenues, higher product costs as a percent of net revenues and higher SG&A expenses. Operating income for the fourth quarter of fiscal 2012 was $1.9 million, as compared to operating income in the fourth quarter of fiscal 2011 of $3.2 million, a decrease of $1.3 million, or 42.0%, due to lower net revenues and higher SG&A expenses.

Net income for fiscal year 2012 was $10.6 million, as compared to $15.9 million for fiscal year 2011, a decrease of $5.3 million, or 33.2%. Diluted earnings per share for fiscal year 2012 were $0.39, as compared to $0.59 for fiscal year 2011, a decrease of $0.20 per diluted share, or 33.9%. Net income for the fourth quarter of fiscal 2012 was $2.4 million, as compared to $2.6 million for the fourth quarter of fiscal 2011, which included a one-time $1.8 million gain on a settlement of litigation. Diluted earnings per share for the fourth quarter of fiscal 2012 were $0.09, as compared to $0.10 for the fourth quarter of fiscal 2011, a decrease of $0.01, or 10.0%.

Duncan Hon, Chief Executive Officer of Emerson Radio, commented, "Our fiscal year 2012 performance was disappointing and a direct result of both the challenging and highly competitive sales environment within which we operate and higher year-over-year product costs that result from the continuing appreciation of the renminbi and increases in costs of production in China. Looking forward, we anticipate that these factors are likely to persist throughout fiscal year 2013."

............................................................................

Shares Owned by Insitutions
83.40%

Number of Institutions 33

[teecee1]

Antwort auf Beitrag Nr.: 43.385.595 von teecee1 am 14.07.12 06:03:52

Emerson Radio Corp. Reports Fiscal 2013 First Quarter Results
Press Release: Emerson Radio Corp. – 18 hours ago

HACKENSACK, NJ--(Marketwire -08/14/12)- Emerson Radio Corp. (MSN) today reported financial results for its first quarter ended June 30, 2012.

Net revenues for the first quarter of fiscal 2013 were $46.0 million, a decrease of $5.5 million, or 10.7%, as compared to the first quarter of fiscal 2012 net revenues of $51.5 million. The decline in year-over-year net revenues was driven by a $3.5 million, or 7.5%, decline in net sales of houseware products, which was the result of lower year-over-year sales of all product offerings within the category, and a $1.7 million, or 60.7%, decline in net sales of audio products, due to lower year-over year sales of all product offerings within the category. Licensing revenues for the first quarter of fiscal 2013 were $1.1 million, a $0.3 million, or 20.2%, decrease from the $1.4 million of licensing revenues for the first quarter of fiscal 2012, the result of lower year-over-year sales by the Company's licensees of branded products under license from the Company and fewer active licensees during the first quarter of fiscal 2013 as compared to the first quarter of fiscal 2012.

Operating income for the first quarter of fiscal year 2013 was $4.4 million, an increase of $0.5 million, or 14.8%, from operating income of $3.9 million for the first quarter of fiscal year 2012 due to lower year-over-year landed product cost as a percent of selling price. This was, however, partially offset by the lower year-over-year net revenues, the impact of an inventory valuation reserve reduction that occurred in the first quarter of fiscal 2012 that did not repeat in the first quarter of fiscal 2013 and higher year-over-year SG&A expenses, due primarily to a year-over-year increase in legal fees relating to pending litigation.

Net income for the first quarter of fiscal 2013 was $3.8 million, as compared to $3.3 million for the first quarter of fiscal 2012, an increase of $0.5 million, or 15.1%, due to the year-over-year increase in operating income and a lower effective tax rate in the first quarter of fiscal 2013. The lower tax rate is the result of a larger percentage of taxable earnings in the first quarter of fiscal 2013, as compared to the same quarter of fiscal 2012, occurring in tax jurisdictions with lower comparative tax rates, partly offset by a realized gain on the sale of the Company's last remaining auction rate security that occurred in the first quarter of fiscal 2012. Diluted earnings per share for the first quarter of fiscal year 2013 were $0.14, as compared to $0.12 for the first quarter of fiscal year 2012, an increase of $0.02 per diluted share, or 16.7%.

Duncan Hon, Chief Executive Officer of Emerson Radio, commented, "Our first quarter fiscal 2013 revenues declined as compared to the prior year due to the continuing difficult economic conditions in the U.S. and intense competition within our product categories. We expect such market conditions to persist for the foreseeable future. Although higher margins and a lower effective tax rate helped increase our bottom line profitability on a year-over-year basis, we don't anticipate these factors to continue or be indicative of a trend for the full fiscal year."

[teecee1]

TheStreet Wire
Emerson Radio Corp. Stock Downgraded (MSN)
By TheStreet Wire 08/29/12 - 05:00 AM EDT

NEW YORK (TheStreet) -- Emerson Radio (AMEX:MSN) has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow.

Highlights from the ratings report include:

* Compared to its closing price of one year ago, MSN's share price has jumped by 28.66%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.

* Although MSN's debt-to-equity ratio of 0.00 is very low, it is currently higher than that of the industry average. Along with this, the company maintains a quick ratio of 5.55, which clearly demonstrates the ability to cover short-term cash needs.

* MSN, with its decline in revenue, slightly underperformed the industry average of 28.6%. Since the same quarter one year prior, revenues fell by 34.6%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.

* EMERSON RADIO CORP's earnings per share declined by 10.0% in the most recent quarter compared to the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. During the past fiscal year, EMERSON RADIO CORP reported lower earnings of $0.39 versus $0.59 in the prior year.

* The company, on the basis of change in net income from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and greatly underperformed compared to the Household Durables industry average. The net income has decreased by 10.2% when compared to the same quarter one year ago, dropping from $2.63 million to $2.36 million.

Emerson Radio Corp., together with its subsidiaries, engages in designing, sourcing, importing, marketing, selling, and licensing various house ware and consumer electronic products in the United States and internationally. The company has a P/E ratio of 4.9, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Emerson Radio has a market cap of $54.3 million and is part of the consumer goods sector and consumer durables industry. Shares are up 25.9% year to date as of the close of trading on Tuesday.

You can view the full Emerson Radio Ratings Report or get investment ideas from our investment research center.

-- Written by a member of TheStreet Ratings Staff

[teecee1]

Antwort auf Beitrag Nr.: 43.561.020 von teecee1 am 02.09.12 18:19:27

Emerson Radio tanks after Wal-Mart snub

Emerson sinks after Wal-Mart says it won't sell microwaves that account for 31 pct. of revenue

Associated Press – Mon, Oct 22, 2012 3:41 PM EDT

NEW YORK (AP) -- Shares of Emerson Radio Corp. took a hit on Monday after the consumer electronics seller disclosed that Wal-Mart Stores Inc., the world's biggest retailer, will stop selling two of its microwave ovens that account 31 percent of Emerson's revenue.

THE SPARK: Emerson said in a regulatory filing Monday that it was informed by Wal-Mart that the company will stop selling the microwaves in the spring. The company said they accounted for about $48.4 million of its revenue. It expects to see the full effect of Wal-Mart's decision in its fiscal 2014, which begins on April 1. Emerson said the reduction in business with a key customer like Wal-Mart will have a "material adverse effect" on its operations.

Emerson added that it is reviewing its options, including "a complete analysis of its current and prospective product lines."

BACKGROUND: Emerson sells and licenses housewares and consumer electronics. Its products include microwave ovens, refrigerators and wine coolers. It also sells digital clock radios, portable stereos and other items.

SHARE ACTION: Shares of Moonachie, N.J.-based Emerson Radio fell 42 cents, or 19.7 percent, to $1.71 in afternoon trading. The stock has traded between $1.54 and $2.17 in the past 52 weeks.

............................................................................

Shares Owned by Insitutions
85.30%



Number of Institutions 27

[teecee1]

Antwort auf Beitrag Nr.: 43.757.597 von teecee1 am 27.10.12 08:12:48

Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of Emerson Radio Corp.

Business Wire
Law Offices of Howard G. Smith February 19, 2014 4:16 PM

BENSALEM, Pa.--(BUSINESS WIRE)--

Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Emerson Radio Corp. (“Emerson” or the “Company”) (NYSE MKT:MSN) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by the Company concerning Emerson’s business, operations and financial condition.

Emerson, together with its subsidiaries, designs, imports, markets, sells and licenses housewares and consumer electronic products under the Emerson and HH Scott brand names, in the United States and internationally. On July 16, 2013, the Company filed with the Securities and Exchange Commission an annual report on Form 10-K for the Company’s fiscal year ended March 31, 2013. According to the Form 10-K, on May 31, 2011, the High Court of Hong Kong appointed Fok Hei Yu (also known as Vincent Fok), a current director of Emerson, and Roderick John Sutton, both of FTI Consulting (Hong Kong) Limited, as Joint and Several Provisional Liquidators over The Grande Holdings Limited (“Grande”). Grande is a Bermuda corporation and Emerson’s controlling shareholder, which purportedly controls 15,243,283 shares – approximately 56% of the Company’s outstanding common stock.

The investigation is related to certain statements in the Form 10-K, and whether the Form 10-K was materially misleading or failed to disclose material information. Specifically, the investigation concerns whether, as stated in the Form 10-K, the Provisional Liquidators are “obligated” to liquidate the 15,243,283 shares beneficially owned by Grande.

If you purchased Emerson shares, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at 888-638-4847, or by email to [e-mail], or visit our website at www.howardsmithlaw.com.

Contact:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[e-mail]
www.howardsmithlaw.com


............................................................................

Shares Owned by Insitutions
73.80%



Number of Institutions
27


............................................................................

... ... gekauft ohne nachzudenken ... keine Sonderdividende ... ... Miller I LLoyd III ...

[teecee1]

Käufer gefunden
Philips steigt aus Unterhaltungselektronik aus
28.04.2014, 17:49 Uhr

Philips hat endlich einen Käufer für sein Geschäft mit Unterhaltungselektronik gefunden. Der neue Besitzer für die Sparte sitzt in Nordamerika. Jetzt fehlt nur noch die Zustimmung der Wettbewerbshüter.

Philips braucht nur noch grünes Licht, damit der Deal in der zweiten Jahreshälfte über die Bühne gehen. Quelle: Reuters

Amsterdam. Philips hat für sein Geschäft mit Unterhaltungselektronik bei einem neuen Anlauf endlich einen Käufer gefunden. Nachdem ein erster Versuch einer Veräußerung nach Japan gescheitert war, präsentieren die Niederländer nun in Nordamerika einen neuen Besitzer für die Sparte. Wie der Konzern am Montag mitteilte, zahlt das US-Unternehmen Gibson Brands 135 Millionen US-Dollar (knapp 98 Mio Euro) sowie eine nicht genannte Lizenzgebühr über zunächst sieben Jahre, um etwa Kopfhörer, Lautsprecher oder MP3-Spieler der Marke Philips zu verkaufen.

Allerdings steht die Zustimmung der Wettbewerbshüter noch aus. Geben sie grünes Licht, soll der Deal in der zweiten Jahreshälfte über die Bühne gehen.

Philips-Chef Frans van Houten hatte schon vor einer Woche gesagt, dass der Konzern eine Reihe neuer Interessenten an der Hand habe und mit einem Abschluss noch in diesem Jahr rechne. Im Herbst 2013 war ein Verkauf der Sparte, die unter dem Namen Woox Innovations rund 1900 Mitarbeiter beschäftigt, an den japanischen Funai-Konzern gescheitert. Funai sei vertragsbrüchig geworden, hieß es damals. Mit dem Geschäft hatte Philips 150 Millionen Euro zuzüglich Lizenzgebühren einspielen wollen.

dpa

http://www.handelsblatt.com/unternehmen/it-medien/kaeufer-ge…

[teecee1]

... ...


Apr 07 2014

(1) FURTHER DELAY IN PUBLICATION OF 2012 FINAL RESULTS & DESPATCH OF 2012 ANNUAL REPORT
(2) DELAY IN PUBLICATION OF 2013 INTERIM RESULTS & DESPATCH OF 2013 INTERIM REPORT &
(3) DELAY IN PUBLICATION OF 2013 FINAL RESULTS & DESPATCH OF 2013 ANNUAL REPORT

............................................................................

May 12 2014

CHANGE OF AUDITORS; ENTERING INTO THE RESTRUCTURING AGREEMENT INVOLVING, INTER ALIA, PROPOSED CAPITAL REORGANISATION, CREDITORS¡¦ SCHEMES OF ARRANGEMENT IN ACCORDANCE WITH SECTION 99 OF THE COMPANIES ACT AND SECTION 670 OF THE COMPANIES ORDINANCE; AND CONNECTED TRANSACTION INVOLVING ISSUE OF CREDITORS SHARES UNDER SPECIFIC MANDATE

............................................................................

THE GRANDE HOLDINGS LIMITED
嘉域集團有限公司
(In Liquidation)
(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)

CHANGE OF AUDITORS;
ENTERING INTO THE RESTRUCTURING AGREEMENT INVOLVING, INTER ALIA, PROPOSED CAPITAL REORGANISATION, CREDITORS’ SCHEMES OF ARRANGEMENT IN ACCORDANCE WITH SECTION 99 OF THE COMPANIES ACT AND SECTION 670 OF THE COMPANIES ORDINANCE;
AND
CONNECTED TRANSACTION INVOLVING ISSUE OF CREDITORS SHARES UNDER SPECIFIC MANDATE

Financial adviser to the Company

CHANGE OF AUDITORS

On 16 April 2014, the Provisional Liquidators were informed by Moore Stephens that they decided to tender their resignation as the auditors of the Company. In order to fill the casual vacancy arising from the resignation of Moore Stephens, the Provisional Liquidators have appointed Jonten Hopkins CPA Limited as the new auditors of the Company on 7 May 2014 to hold office until the conclusion of the next annual general meeting of the Company.

2

RESTRUCTURING AGREEMENT

On 2 May 2014, the Company, the Provisional Liquidators and Sino Bright entered into the Restructuring Agreement to implement the Restructuring Proposal which contemplates, among others, the Capital Reorganisation and the Schemes.

CAPITAL REORGANISATION

Under the Restructuring Agreement, it is proposed that the Company will undergo Capital Reorganisation which will involve the Capital Cancellation, the Capital Reduction, the Share Premium Reduction and the Authorised Share Capital Increase. The credit arising from the Capital Reduction and the Share Premium Reduction will be applied to set off part of the accumulated losses of the Company. Further announcement(s) will be made in respect of the expected timetable for the implementation of the Capital Reorganisation as and when appropriate.

SCHEMES

Pursuant to the terms of the Restructuring Agreement, it is proposed that the Bermuda Scheme and Hong Kong Scheme will be implemented. Upon the Schemes having become effective, (i) the Company shall issue Creditors Shares to the Scheme Creditors in proportionate to their respective admitted claim disregarding fractions credited as fully paid, with the result that the Scheme Creditors in totality will receive up to a maximum of 90% of the Enlarged Issued Share Capital; (ii) Sino Bright will provide to the Independent Creditors (i.e. Creditors other than Sino Bright, McVitie Group Holdings Limited and Gain Alpha Finance Limited or affiliates and persons acting in concert with any of them) a Cash Alternative to the Creditors Shares in the amount of 60 cents in the dollar on admitted Creditors’ claims, to be funded by Sino Bright by direct contribution to the Schemes; and (iii) intercompany liabilities within the Group will not be treated as claims qualified for the offer of any Creditors Shares under the Schemes (including but not limited to the Cash Alternatives).

Upon completion of the Schemes, all the claims of the Creditors against the Company, and liabilities of the Company will be discharged and released in full.

3

GENERAL

The SGM will be held at which resolutions will be proposed to consider, and if thought fit, to approve, among other things, the Capital Reorganisation, the grant of the specific mandate for the allotment and issue of the Creditors Shares and any other matters as required by law, the Listing Rules, the Stock Exchange and/or the SFC, which are necessary to give effect to the Restructuring Proposal and any transactions contemplated under the Restructuring Agreement at the SGM.

To the best knowledge of the Provisional Liquidators and based on available books and records, as at the date of this announcement, no Shareholder has a material interest in the Capital Reorganisation. As such, no Shareholders will be required to abstain from voting in respect of the resolutions to approve the Capital Reorganisation.

Mr. Christopher W. Ho and his associates, being connected persons of the Company and having material interests in the Restructuring Agreement and the Schemes under which Creditors Shares may be issued and allotted to the Scheme Creditors who are associates of Mr. Christopher W. Ho (subject to adjudication of claims), shall abstain from voting in respect of the resolutions to approve the Restructuring Agreement and the transactions contemplated thereunder in which they have material interests, including the grant of the specific mandate for the allotment and issue of Creditors Shares.

To the best knowledge of the Director and the Provisional Liquidators and having made all reasonable enquiries, the Director and the Provisional Liquidators are not aware of any other Shareholders who are required to abstain from voting on the relevant resolutions at the SGM, apart from Mr. Christopher W. Ho and his associates.

As the Board currently comprises only one executive Director and has no independent non-executive Director, no independent board committee will be established at this stage to advise the Independent Shareholders on the Restructuring Agreement and the issue of Creditors Shares. The Company may appoint sufficient number of independent non- executive Directors to the Board in compliance with the Listing Rules in the future. Further announcement(s) will be made by the Company as and when appropriate in this regard. An independent financial adviser will be appointed by the Company to advise the Independent Shareholders and the independent board committee (if established) on the terms of the Restructuring Agreement and the transactions contemplated thereunder, including the grant of the specific mandate for the allotment and issue of Creditors Shares, and the Company will issue a further announcement regarding such appointment in due course.

4

A Circular containing, among other things, further details of the Restructuring Proposal, the Restructuring Agreement and the transactions contemplated thereunder, the recommendation of the independent board committee (if established), the advice of the independent financial adviser and a notice convening the SGM will be despatched to the Shareholders as soon as practicable. Since (i) the Resumption Proposal is still being reviewed and considered by the Stock Exchange whilst the Company has been addressing queries raised by the Listing Division and submitting documents to comply with the documentary requirements for the resumption proposal in accordance with the Stock Exchange’s guidance letter of September 2013 (HKEx-GL66-13); (ii) the new auditors have been engaged on 7 May 2014 to commence audit of the consolidated financial statements of the Group for the years ended 31 December 2012 and 2013; and (iii) the Provisional Liquidators are in the process of adjudicating the claims which will determine the shareholding structure of the Company at Completion, it is expected that more time will be required for the preparation of the Circular which will contain, among others, the financial information of the Group, the unaudited pro forma statement of financial information of the Group and information regarding the latest business operations of the Group. The Circular is expected to be despatched to the Shareholders on or before 31 August 2014.

Trading in the shares of the Company has been suspended since 9:00 a.m. on 30 May 2011 at the request of the Company and will remain suspended until further notice. The release of this announcement does not necessarily indicate that trading in the shares of the Company will be resumed. Accordingly, Shareholders and potential investors of the Company should exercise caution when dealing in the Shares.

5

In order to fill the casual vacancy arising from the resignation of Moore Stephens, the Provisional Liquidators have appointed Jonten Hopkins CPA Limited as the new auditors of the Company on 7 May 2014 to hold office until the conclusion of the next annual general meeting of the Company.

Save as disclosed above, the Company is not aware of any other matters in respect of the change of auditors that need to be brought to the attention of the shareholders of the Company.

RESTRUCTURING AGREEMENT

References are made to the announcements of the Company dated 12 February 2014 and 31 March 2014 in relation to the Restructuring Proposal. On 2 May 2014, the Company, the Provisional Liquidators and Sino Bright entered into the Restructuring Agreement to implement the Restructuring Proposal which contemplates, among others, the Capital Reorganisation and the Schemes.

CAPITAL REORGANISATION

As at the date of this announcement, the authorised share capital of the Company is HK$100,000,000 comprising 1,000,000,000 Shares of HK$0.10 each, of which 460,227,320 Shares have been issued and fully paid. The issued share capital of the Company is HK$46,022,732.

Under the Restructuring Agreement, it is proposed that the Capital Reorganisation will be put forward to the Shareholders for their approval at the SGM. The Capital Reorganisation will comprise:

(i) Capital Cancellation

The existing authorised but unissued share capital of HK$53,977,268 shall be cancelled in its entirety.

6

(ii) Capital Reduction

The par value of each of the issued Share shall be reduced from HK$0.10 to HK$0.01. The credit balance arising from the Capital Reduction of HK$41,420,458.80 will be applied in a manner as permitted by the Companies Act, other applicable laws and the Bye-Laws to, including but not limited to, setting off part of the accumulated losses of the Company, resulting in the authorised and issued share capital of the Company being reduced to HK$4,602,273.20.

(iii) Share Premium Reduction

The entire amount standing to the credit of the share premium account of the Company shall be cancelled. The credit arising from the Share Premium Reduction will be applied to set off part of the accumulated losses of the Company or otherwise in a manner permitted by the Companies Act, applicable laws and the Bye-Laws.

(iv) Authorised Share Capital Increase The Company ’s authorised share capital shall be increased from HK$4,602,273.20 to HK$200,000,000 by creating 19,539,772,680 New Shares of HK$0.01 each.

Conditions precedent of the Capital Reorganisation

The Capital Reorganisation will become effective conditional upon:

(a) the passing of the necessary resolutions by the Shareholders approving (i) the Capital Cancellation; (ii) the Capital Reduction; (iii) the Share Premium Reduction; and (iv) the Authorised Share Capital Increase at the SGM;

(b) compliance with the relevant procedures and applicable statutory requirements under the Companies Act to effect the Capital Reduction and Share Premium Reduction;

(c) the approval or waiver from the Bermuda Court in relation to the Capital Reorganisation, if required; and

7

(d) the Listing Committee granting the listing of, and permission to deal in, the New Shares in issue upon the Capital Reorganisation becoming effective. Further announcement(s) will be made in respect of the expected timetable for the implementation of the Capital Reorganisation as and when appropriate.

Effects of the Capital Reorganisation

The following table sets out the effect of the Capital Reorganisation on the share capital of the Company before and after completion of the Capital Reorganisation:

Before the Capital Reorganisation

Immediately after the Capital Reorganisation

Par value HK$0.10 per Share HK$0.01 per New Share
Authorised share capital HK$100,000,000 HK$200,000,000
Number of authorised shares 1,000,000,000 Shares 20,000,000,000 New Shares
Issued and paid-up share capital HK$46,022,732 HK$4,602,273
Number of issued and paid-up shares 460,227,320 Shares 460,227,320 New Shares

Upon the Capital Reorganisation becoming effective, the resulting New Shares shall rank pari passu in all respects with each other. The Capital Reorganisation will not result in any change in the relative rights of the Shareholders.

Reasons for the Capital Reorganisation

The Capital Reduction is necessary in order to ensure that the Company’s share capital more accurately reflects the Company’s available assets. The net assets of the Company have been substantially depleted by the accumulated losses of approximately HK$2,874 million as at 30 June 2012 and possibly subsequent losses. The Capital Reorganisation will enable the re-capitalisation of the share capital of the Company through issue of New Shares. Upon the issuance of the Creditors Shares to the Scheme Creditors pursuant to the Schemes, all the claims of Creditors against the Company will be settled in full and released.

8

SCHEMES

As at the date of this announcement, to the best knowledge of the Provisional Liquidators and based on the available books and records of the Company or by claims made by Creditors (if the amounts do not match with the records of the Company), the Company has 22 Creditors (excluding intercompany liabilities) with the estimated total amount of claims against, and the liabilities of, the Company and the estimated Costs and Expenses in a total sum of approximately HK$3,177 million. The indebtedness figure stated above is indicative only and the claims of the Creditors will be subject to adjudication under the Schemes.Pursuant to the terms of the Restructuring Agreement, it is proposed that:

http://www.grandeholdings.com/english/investor_announ/201405…

[Lautmaler]

Antwort auf Beitrag Nr.: 47.041.428 von teecee1 am 24.05.14 22:28:53

Mal schaun ob die "Kayne Creditors" standhaft bleiben und die Abwicklung vorantreiben.

Ohne einen dauerhaften Abgang von Mr. Christopher W. Ho dürfte der Aufschwung von kurzer Natur gewesen sein.

[Lautmaler]

Die Zahlen zu Q4 und Gesamtjahr sind raus:
http://www.nasdaq.com/press-release/emerson-radio-corp-repor…
......................Q4 2014....Q4 2013....GJ 2014.....GJ 2013
Net product sales 11,075...21,845...70,257...121,628
Licensing revenue 2,907...1,171...7,572...6,768

Net income (loss) 941...(1,481)...1,317...5,999
per share 0.04...(0.06)...0.05...0.22

(In thousands, except earnings per share data)

Die gestiegenen Lizenzeinnahmen gleichen die sinkenden Erträge aus Produktverkäufen teilweise aus.
In Anbetracht der 4 Mio Vergleichszahlungen unterm Strich wieder ein ordentliches Ergebnis.

[Lautmaler]

Emerson Radio Corp. Declares Extraordinary Cash Dividend of $0.70 per Common Share

HACKENSACK, NJ -- (Marketwired) -- 08/22/14 -- Emerson Radio Corp. (NYSE MKT:MSN) today reported that the Special Committee of its Board of Directors declared an extraordinary cash dividend of $0.70 per common share payable on September 30, 2014 to shareholders of record of the Company at the close of trading on September 12, 2014.

http://www.nasdaq.com/press-release/emerson-radio-corp-decla…

Na bitte es geht doch...

[teecee1]

Antwort auf Beitrag Nr.: 47.041.428 von teecee1 am 24.05.14 22:28:53

Märkte
Ultrasonic ruiniert das Image von China-Aktien endgültig

Von ISABEL GOMEZ
Mittwoch, 17. September 2014, 17:49 Uhr

Bisher 25 chinesische Unternehmen haben den Weg in den Prime Standard der Frankfurter Börse gefunden. Bloomberg News

FRANKFURT. —Ob Qingyong und Minghong Wu Modelle aus der Urban-Footwear-Reihe oder eher Slipper trugen, als sie mit dem Geld des chinesischen Schuhherstellers Ultrasonic US5.XE -44,63% davonrannten, ist leider nicht überliefert. Es ist aber bekannt, dass der Vorstandschef, der operative Chef und die liquiden Mittel der Firma in China und Hongkong weg sind. Basierend auf dem Halbjahresbericht der Firma und angesichts eines Kredits der Bank Nomura dürften zwischen 130 und 160 Millionen Euro fehlen. Die deutsche Holding kann ihren Verbindlichkeiten immerhin nachkommen – Vater und Sohn Wu haben einen sechsstelligen Betrag auf den deutschen Konten hinterlassen.

Zum dritten Mal seit Jahresbeginn ist damit der Chef eines an der Frankfurter Börse gelisteten chinesischen Unternehmens mit der Firmenkasse verschwunden. Im Juli war der Vorstandschef des Verpackungsherstellers Youbisheng Green Paper YB1.XE +4,17% wochenlang verschollen. Mittlerweile leitet ein Insolvenzverwalter die Geschicke der deutschen Holding mit Sitz in Köln. Eine Holding in Deutschland ist eine rechtliche Voraussetzung für den Börsengang eines ausländischen Unternehmens.

Bereits im Januar teilte die Bekleidungsfirma Kinghero mit, dass der im Oktober 2013 abgesetzte Vorstandschef Zhang Yu das Vermögen der Firmengruppe teilweise als Sicherheit für private Geschäfte verwendet haben soll. Yu war als Vorstandschef abgesetzt worden, weil Wirtschaftsprüfer dem Unternehmen das Testat für den Jahresabschluss 2012 verweigert hatten. Der Grund: Fehlende Dokumente und eine intransparente Finanz- und Liquiditätslage des Unternehmens in China. Die Aktie ist seit Februar nicht mehr gelistet.

Die Reihe ließe sich problemlos fortsetzen. ...

http://www.wsj.de/nachrichten/SB1259549978522320346960458015…


... ... es gibt auch das Gegenteil, das Wirtschaftsprüfer die schwierige Lage eines Unternehmens mit dem Chef des Unternehmens verschleiern, also Finanzbetrug ... oder der Vorstand bekommt es mit und die Prüfungsgesellschaft wird ausgewechselt etc. ... einer betrügt den anderen ...


...................................................................................

Unternehmen
Ultrasonic droht nach Flucht der Vorstände die Insolvenz

Von MATTHIAS GOLDSHCMIDT
Donnerstag, 18. September 2014, 14:05 Uhr

Für den chinesischen Schuhhersteller Ultrasonic wird es eng. Nachdem der Vorstandschef und der für Tagesgeschäft zuständige COO mitsamt der liquiden Mittel der Firma in China und Hongkong getürmt sind, wollen die Gläubiger nun ihr Geld wiederhaben.

Die jüngst eingetretenen Ereignisse verletzten Verpflichtungen aus einer im August geschlossenen Kreditvereinbarung mit Nomura International, teilte die deutsche Tochter Ultrasonic AG mit. Eine Kreditlinie der japanischen Bank über 60 Millionen Dollar sowie ausstehende Zinszahlungen in Höhe von 180.000 Dollar seien damit unerwartet jetzt schon ...

http://www.wsj.de/nachrichten/SB1182838321178423387650458016…

[teecee1]

Antwort auf Beitrag Nr.: 47.041.428 von teecee1 am 24.05.14 22:28:53

... ... Bilanzfälschung nennt man auch Schreibfehler ... chinesisch - englisch ...


THE GRANDE HOLDINGS LIMITED
嘉域集團有限公司
(In Liquidation)
(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)

CLARIFICATION ANNOUNCEMENT
RELATING TO THE INTERIM RESULTS
FOR THE SIX MONTHS ENDED 30 JUNE 2015

The Provisional Liquidators of The Grande Holdings Limited (In Liquidation) (the “Company”) refers to the Company’s announcement dated 31 August 2015 (the “Results Announcement”) in relation to the interim results of the Company and its subsidiaries for the six months ended 30 June 2015. Unless otherwise defined, capitalized terms used in this announcement shall have the same meanings as those defined in the Results Announcement.

The purposes of this clarification announcement are to rectify four inadvertent typographical errors in the Results Announcement.

IN NOTE 7 (“TAX”) ON PAGE 14

On page 14 of the Results Announcement, it was stated in the table that: “The tax charges for the current period provision and the under/(over) provision in prior period for the six months ended 30 June 2015 were HK$8 million and HK$5 million respectively.”. The Company wishes to clarify that this table contains two inadvertent typographical errors in the figures of the current period provision and the under/(over) provision in prior period, which should be HK$0 million and HK$13 million respectively.

IN NOTE 8 (“(LOSS)/PROFIT FOR THE PERIOD”) ON PAGE 15

On page 15 of the Results Announcement, it was stated in the table that: “Auditor’s remuneration charged for the six months ended 30 June 2015 was HK$0 million.”. The Company wishes to clarify that this table contains an inadvertent typographical error in the figure of auditor’s remuneration, which should be HK$6 million.

ON PAGE 23

On page 23 of the Results Announcement, it was stated that: “The provisional liquidators do not recommend the payment of an interim dividend for the six months ended 30 June 2105 (2014: nil).”. The Company wishes to clarify that this sentence contains an inadvertent typographical error in the period end date, which should be 30 June 2015.

Save for the information disclosed above, all the details contained in the Results Announcement remain unchanged.

For and on behalf of
The Grande Holdings Limited
(In Liquidation)
Roderick John Sutton
and
Fok Hei Yu
Joint and Several Provisional Liquidators
acting as agents without personal liabilities

Hong Kong, 30 September 2015

On the basis of the information available from the previous announcements made by the Company, the Board comprises Mr. Ho Wing On, Christopher as the sole executive director.

http://www.grandeholdings.com/english/investor_announ/LTN201…

[teecee1]

Antwort auf Beitrag Nr.: 50.803.323 von teecee1 am 08.10.15 13:48:45

POLL RESULTS OF THE ANNUAL GENERAL MEETING
HELD ON 24 JUNE 2010

At the annual general meeting (the “AGM”) of The Grande Holdings Limited (the “Company”) held on 24 June 2010, all the proposed resolutions as set out in the notice of the AGM were duly passed by way of poll. The poll results are as follows

1. To receive and consider the Audited Financial Statements and the Reports of the Directors and Auditors for the year ended 31 December 2009.

2. A. To re-elect the following retiring Directors:
(a) Mr. Christopher W. Ho
(b) Mrs. Christine L. S. Aspr
(c) Mr. Michael A. B. Binne

B. To authorise the Board of Directors to fix the
Directors’ remuneration.

3. To appoint Auditors for the ensuing year and authorise the Board of Directors to fix their remuneration.

4. Special business:
Ordinary Resolution – to give a general mandate to the Directors to issue, allot and deal with additional shares not exceeding 20% of the existing issued share capital.

As at the date of the AGM, the number of issued shares of the Company was 460,227,320 shares, which was the total number of shares entitling the holders to attend and vote for or against the resolutions at the AGM. There were no restrictions on any shareholder to cast votes on any of the proposed resolutions at the AGM.


The Company’s Branch Registrar, Tricor Tengis Limited, acted as the scrutineer for the poll at the AGM.

By Order of the Board
The Grande Holdings Limited
Christopher T. O. Chiang
Company Secretary

Hong Kong, 24 June 2010

http://www.grandeholdings.com/english/investor_announ/Announ…


.............................................................................

THE GRANDE HOLDINGS LIMITED
嘉域集團有限公司
(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that an Annual General Meeting (“AGM”) of The Grande Holdings Limited (the “Company”) will be held at 11th Floor, The Grande Building, 398 Kwun Tong Road, Kowloon, Hong Kong on 24 June 2010 at 8:30 a.m. for the following purposes:

1. To receive and consider the Audited Financial Statements and the Reports of the Directors and Auditors for the year ended 31 December 2009;

2. To re-elect retiring Directors and authorise the ...


Rights Issue” means an offer of shares open for a period fixed by the Directors to holders of shares of the Company or any class thereof on the register on a fixed record date in proportion to their then holdings of such shares or class thereof (subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to fractional entitlements or having regard to any restrictions or obligations under the laws of any relevant jurisdiction or the requirements of any recognised regulatory body or any stock exchange).”

By order of the Board
Christopher T. O. Chiang
Company Secretary

Hong Kong, 30 April 2010

http://www.grandeholdings.com/english/investor_announ/Announ…

2012
2011
2009

http://www.grandeholdings.com/english/investor_announ.php?ye…

[teecee1]

Antwort auf Beitrag Nr.: 47.041.428 von teecee1 am 24.05.14 22:28:53

... THE GRANDE HOLDINGS LIMITED

ENTERING INTO THE REVISED RESTRUCTURING AGREEMENT

Financial Adviser to the Company

References are made to the announcements of the Company dated 12 May 2014 and 1 June 2015 (the “Announcements”). Capitalized terms used in this announcement shall have the same meanings as those defined in the Announcements unless otherwise defined herein.

ENTERING INTO THE REVISED RESTRUCTURING AGREEMENT

On 14 December 2015, the Company, the Provisional Liquidators, Sino Bright and McVitie Group Holdings Limited (“McVitie”) entered into an amended and restated restructuring agreement (the “Revised Restructuring Agreement”) to amend and formalise certain terms of the Restructuring Agreement, pursuant to which, the parties agree to, inter alia, (i) set the number of Creditor Shares to 4,142,045,880 Shares (assuming no Creditors accept the Cash Alternative) to be allocated to the Scheme Creditors in proportionate to their respective admitted claims; (ii) formalise the terms of an open offer of New Shares on the basis of five (5) offer Shares for every two (2) New Share held on the open offer record date by the qualifying Shareholders (the “Open Offer”); and (iii) formalise the arrangement in relation to the related restructuring costs and expenses.

AMENDMENTS TO THE SCHEMES

Following amendments to the terms of the Restructuring Agreement, it is now proposed that upon the Schemes having become effective, the Company shall issue Creditors Shares to the Scheme Creditors in proportionate to their respective admitted claims disregarding fractions credited as fully paid, with the result that the Scheme Creditors in totality will receive a fixed pool of 4,142,045,880 Creditor Shares (assuming no Creditors accept the Cash Alternative).

OPEN OFFER

Pursuant to the terms of the Revised Restructuring Agreement, subject to the Capital Reorganisation becoming effective, the Company formalised the terms of the Open Offer of New Shares on the basis of five (5) offer Shares for every two (2) New Share held on the open offer record date by the qualifying Shareholders. A total of 1,150,568,300 offer Shares will be allotted and issued by the Company at the offer price of HK$0.087 for each offer Share and the gross proceeds raised via the issuance of the offer Shares will be approximately HK$100 million which will be used to fund the Cash Alternative.Sino Bright has undertaken to underwrite, or procure that one of its affiliates to underwrite, any offer Shares not subscribed by the qualifying Shareholders on a fully underwritten basis, being not more than 1,150,568,300 offer Shares. Further details of the Open Offer and the underwriting arrangements will be published by the Company in due course.

RESTRUCTURING COSTS

Pursuant to the Revised Restructuring Agreement, the Provisional Liquidators agree that the Costs and Expenses shall be capped at HK$45 million. Subject to taxation (if not agreed), Sino Bright is responsible for up to HK$20 million for the Costs and Expenses in connection with the Restructuring Proposal. If the Restructuring Proposal is successful, such payment by by Sino Bright shall be deemed to be part of the debts due from the Company to Sino Bright and shall be treated as such claims qualified for the offer of Creditors Shares under the Schemes. The remaining balance of the Cost and Expenses shall be borne by the Company. McVitie covenants to reimburse the Company for the Cost and Expenses (subject to taxation) should the restructuring proposal be unsuccessful.

DECISION LETTER AND CONTINUED SUSPENSION OF TRADING IN
SHARES

Trading in the Shares on the Stock Exchange has been suspended since 9:00 a.m. on 30 May 2011. On 29 May 2015, the Listing Committee issued the Decision Letter to the Company to allow the Company to proceed with the Updated Resumption Proposal subject to satisfying the Resumption Conditions by 21 December 2015.

Further announcements will be made by the Company when and as appropriate to update the Shareholders and potential investors on any material development of the Company. Trading in the Shares will continue to be suspended until further notice. The release of this announcement does not necessarily indicate that trading in the shares of the Company will be resumed. Accordingly, Shareholders and potential investors of the Company should exercise caution when dealing in the Shares. ...

For and on behalf of
The Grande Holdings Limited
(In Liquidation)
Roderick John Sutton
and
Fok Hei Yu

Hong Kong, 18 December 2015

http://www.grandeholdings.com/english/investor_announ/ew_001…

------------------------------------------------------------------------------------------------------

... THE GRANDE HOLDINGS LIMITED

EXTENSION OF TIME FOR SATISFACTION OF THE RESUMPTION CONDITIONS

Financial Adviser to the Company

References are made to the Company dated 12 May 2014, 31 August 2014, 31 October 2014, 31 December 2014, 27 February 2015, 30 April 2015 and 1 June 2015 (collectively the Announcements”). Capitalized terms used in this announcement shall have the same meanings as those defined in the Announcements unless otherwise defined herein.

As the Company expected that it would not be able to fully satisfy the resumption conditions as disclosed in the announcement of the Company dated 1 June 2015 (the “Resumption Conditions”) within the deadline imposed by the Stock Exchange by 21 December 2015, the Company made an extension application to the Listing Division on 14 December 2015 to seek an additional six months for the Company to fully satisfy the Resumption Conditions.

The Provisional Liquidators and the Company are pleased to announce that by a letter dated 22 December 2015, the Listing Division agreed to extend the deadline for the Company to fully satisfy the Resumption Conditions to 11 May 2016.

Trading in the Shares on the Stock Exchange has been suspended since 9:00 a.m. on 30 May 2011. Further announcements will be made by the Company when and as appropriate to update the Shareholders and potential investors on any development of the Company.

Trading in the Shares will continue to be suspended until further notice. The release of this announcement does not necessarily indicate that trading in the shares of the Company will be resumed. Accordingly, Shareholders and potential investors of the Company should exercise caution when dealing in the Shares.

For and on behalf of
The Grande Holdings Limited
(In Liquidation)
Roderick John Sutton
and
Fok Hei Yu
Joint and Several Provisional Liquidators
acting as agents without personal liability

Hong Kong, 22 December 2015

http://www.grandeholdings.com/english/investor_announ/ew_001…

[teecee1]

... ... Emerson geht bankrott ... absichtlich in den Dreck gefahren ... ???


Mar 01 2016
FURTHER DELAY IN DESPATCH OF CIRCULAR

Feb 22 2016
OVERSEAS REGULATORY ANNOUNCEMENT

Feb 22 2016
ANNOUNCEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE NINE MONTHS ENDED 31 DECEMBER 2015 BY A LISTED SUBSIDIARY- EMERSON RADIO CORP.

Feb 21 2016
UPDATE ON THE RESUMPTION PROGRESS

Feb 21 2016
CHANGE OF DIRECTORS

Resignation of executive director
The Grande Holdings Limited (In Liquidation) (the “Company”, together with its
subsidiaries, the “Group”) announces that Mr. Ho Wing On Christopher has resigned as executive director of the Company with effect from 19 February 2016 in order to devote more of his time to his other business endeavours. ...

http://www.grandeholdings.com/english/investor_announ/ew_001…

Jan 29 2016
FURTHER DELAY IN DESPATCH OF CIRCULAR

Jan 21 2016
CHANGE OF AUDITOR

... ... schon wieder ... aller 2 Jahre ... ??? ... Betrug oder nicht ...

[teecee1]

Antwort auf Beitrag Nr.: 51.512.496 von teecee1 am 17.01.16 13:34:22

THE GRANDE HOLDINGS LIMITED
嘉域集團有限公司
(In Liquidation in Hong Kong)
(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)
(1) PROPOSED OPEN OFFER
ON THE BASIS OF FIVE OFFER SHARES
FOR EVERY TWO NEW SHARES
HELD ON THE OPEN OFFER RECORD DATE;
(2) CONNECTED TRANSACTION IN RELATION TO
THE UNDERWRITING ARRANGEMENT;
AND
(3) CHANGE OF BOARD LOT SIZE
AFTER PROPOSED RESTRUCTURING

Financial Adviser to the Company
Reference is made to the announcements of the Company dated 12 May 2014, 1 June 2015,
18 December 2015 and 22 December 2015.

UNDERWRITING ARRANGEMENT

The Company and the Underwriter entered into the Underwriting Agreement on 4 March
2016. Pursuant to which the Underwriter conditionally undertakes to the Company, among other things, to underwrite the Offer Shares not subscribed by the Qualifying Shareholders on a fully underwritten basis, being not more than 1,150,568,300 Offer Shares. Pursuant to the Underwriting Agreement, the Underwriter is permitted to sub-underwrite part or all of its underwriting commitment.

Given that the Underwriter is an associate of Mr. Christopher W. Ho, a former Director,
and Barrican, the Underwriter is deemed to be a connected person of the Company. The
entering into of the Underwriting Agreement between the Company and the Underwriter
therefore constitutes a connected transaction for the Company under the Listing Rules. The
allotment and issuance of the Untaken Shares to the Underwriter in accordance with the
Underwriting Agreement is, pursuant to Rule 14A.92(2)(b) of the Listing Rules, exempt
from the reporting, announcement and independent shareholders’ approval requirements.
The Open Offer will be conducted in compliance with Rule 7.26A of the Listing Rules.
As no underwriting commission is to be paid by the Company to the Underwriter for
its underwriting commitment, the entering into of the Underwriting Agreement by the
Company with the Underwriter is therefore exempt from reporting, announcement and
independent shareholders’ approval requirements under Rule 14A.76(1) of the Listing
Rules.

CHANGE OF BOARD LOT SIZE AFTER PROPOSED
RESTRUCTURING

Upon the Capital Reorganisation becoming effective, the theoretical trading amount of
each board lot shall become approximately HK$174 each based on the Offer Price being
HK$0.087 per Offer Share. Accordingly, the Company proposes that the board lot size for
trading in the New Shares shall become 20,000 New Shares per lot upon Resumption.

GENERAL

The SGM will be convened by the Company for the purposes of considering, and if
thought fit, approving, among other things, the Capital Reorganisation, the Open Offer, the
Underwriting Agreement, the grant of the specific mandate for the allotment and issuance of the Creditors Shares under the Schemes and any other matters as required by law, the Listing Rules, the Stock Exchange and/or the SFC, which are necessary to give effect to the Restructuring Proposal and any transactions contemplated under the Restructuring Agreement at the SGM by way of poll.

A Circular containing, among other things, details of (i) the Restructuring Proposal,
including the terms of the Restructuring Agreement and the further elements of the
proposal subsequently agreed with Sino Bright, which entails, among others, the Capital
Reorganisation, the Open Offer, the Underwriting Agreement, and the Schemes; (ii) a
letter of advice from the Independent Financial Adviser to the Independent Shareholders
in relation to the transactions contemplated under the Restructuring Agreement, the
Open Offer, the Underwriting Agreement, and the Schemes; and (iii) a notice of the
SGM will be despatched to the Shareholders in accordance with the requirements of the
relevant provisions of the Companies Ordinance, the Companies Act, the Listing Rules
and the Takeovers Code. Further announcement will be made by the Company as soon as practicable.
4
DECISION LETTER AND CONTINUED SUSPENSION OF TRADING
IN SHARES

... the Listing Division agreed to extend the deadline for the Company to fully satisfy the Resumption Conditions to 11 May 2016.
Further announcements will be made by the Company when and as appropriate to update the
Shareholders and potential investors on any development of the Company.
The Open Offer is conditional, inter alia, upon the fulfilment of the conditions set
out under the section headed “Conditions precedent to the Open Offer” in this
announcement. Accordingly, the Open Offer may or may not proceed. Trading in
the Shares will continue to be suspended until further notice. The release of this
announcement does not necessarily indicate that trading in the shares of the Company
will be resumed. Accordingly, Shareholders and potential investors of the Company
should exercise caution when dealing in the Shares.
Reference is made to the announcements of the Company dated 12 May 2014, 1 June 2015, ...

5
OPEN OFFER
Subject to the Capital Reorganisation becoming effective, the Company will implement the
Open Offer of New Shares on the basis of five (5) Offer Shares for every two (2) New Shares
held on the Open Offer Record Date by the Qualifying Shareholders. A total of 1,150,568,300
Offer Shares will be allotted and issued by the Company at the Offer Price of HK$0.087 cash
for each Offer Share and the gross proceeds raised via the issuance of the Offer Shares will be
approximately HK$100,099,442.

Issue Statistics of the Open Offer
Basis of the Open Offer:
:
Five (5) Offer Shares for every two (2) New Shares to
be held on the Open Offer Record Date
Number of Shares in issue
as at the date of this
announcement:
:
460,227,320 Shares
Number of New Shares in
issue upon the Capital
Reorganisation becoming
effective
:
460,227,320 New Shares
Excluded Shareholders
:
As at the date of this announcement, the Company is
not aware of any Shareholders who might be excluded
from being Qualifying Shareholders as a result of legal
restrictions in their place of domicile
Number of Offer Shares to be
issued
:
1,150,568,300 Offer Shares, representing:
(a)
approximately
250.00% of the e
xisting issued
share capital of the Company;
(b)
approximately 250
.00% of the
issued share
capital of the Company upon completion of the
Capital Reorganisation;
6
(c) approximately 71.43% of the issued share capital
of the Company upon completion of the Capital
Reorganisation as enlarged by the issuance of
Offer Shares; and
(d) approximately 20.81% of the issued share capital
of the Company upon completion of the Capital
Reorganisation as enlarged by the issuance of
Offer Shares and Creditors Shares (assuming
all Cash Alternative Creditors have accepted the
Cash Alternative); and
(e) approximately 20.00% of the issued share capital
of the Company upon completion of the Capital
Reorganisation as enlarged by the issuance of
Offer Shares and Creditors Shares (assuming
none of the Cash Alternative Creditors accept the
Cash Alternative)
Total number of New Shares
in issue as enlarged upon
completion of the Open
Offer
:
1,610,795,620 New Shares
Offer Price
:
HK$0.
087 per Offer
Share payable in full on
acceptance
Number of underwritten
Shares fully underwritten
by the Underwriter
:
1,150,568,300 Offer Sh
ares. As at the date of this
announcement, the Company has not received any
information from any substantial Shareholders of their
intention to take up the Offer Shares under the Open
Offer.


http://www.grandeholdings.com/english/investor_announ/ew_001…

[teecee1]

Antwort auf Beitrag Nr.: 51.512.496 von teecee1 am 17.01.16 13:34:22

THE GRANDE HOLDINGS LIMITED
嘉域集團有限公司
(In Liquidation in Hong Kong)
(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)

DELAY IN PUBLICATION OF 2015 ANNUAL RESULTS

This announcement is made by The Grande Holdings Limited (In Liquidation in Hong Kong)
(the “Company”, together with its subsidiaries, the “Group”) pursuant to Rule 13.09(2) of
the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited
(the “Listing Rules”) and the Inside Information Provisions under Part XIVA of the Securities
and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

DELAY IN PUBLICATION OF 2015 ANNUAL RESULTS

The Provisional Liquidators and the Company wish to announce that as additional time will be required for the auditor of the Group to perform and complete certain audit procedures on
Emerson Radio Corp., a subsidiary of the Company, the publication of the Company’s annual results (the “2015 Annual Results”) for the year ended 31 December 2015 will be delayed until late April 2016.

Pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”), the Company is required to publish the 2015 Annual Results on a date not more than three months after the end of the financial year, that is, by 31 March 2016 (Rule 13.49(1) of the Listing Rules). The delay in the publication of the 2015

Annual Results constitutes a breach of the Listing Rules.

Further announcement(s) will be made by the Provisional Liquidators and the Company to inform its shareholders of any material developments in connection with the 2015 Annual Results as and when appropriate.

Rule 13.49(3) of the Listing Rules provides that where an issuer is unable to issue its preliminary results, it must announce its results based on the financial results which have yet to be agreed with the auditor (so far as the information is available). The Provisional Liquidators and the Company have decided, after due and careful consideration, that it would not be appropriate for the Company to publish the unaudited management accounts of the Group for the year ended 31 December 2015 as it may be misleading and confusing to the shareholders and potential investors.

CONTINUED SUSPENSION OF TRADING

Trading in the shares of the Company has been suspended since 9:00 a.m. on 30 May 2011. Further announcements will be made by the Company when and as appropriate to update the Shareholders and potential investors on any development of the Company.
For and on behalf of

The Grande Holdings Limited ...

http://www.grandeholdings.com/english/investor_announ/E18601…

[teecee1]

THE GRANDE HOLDINGS LIMITED
嘉域集團有限公司
(In Liquidation in Hong Kong)
(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)
POLL RESULTS OF THE SPECIAL GENERAL MEETING
HELD ON 1 APRIL 2016

Financial adviser to the Company

The Provisional Liquidators and the Company are pleased to announce that at the SGM
held on 1 April 2016, the (i) Ordinary Resolutions No. 1 and 2 as set out in the Notice
of SGM were duly passed by the Independent Shareholders by way of poll; and (ii)
Special Resolutions No. 1 and 2 and Ordinary Resolution No. 3 were duly passed by the
Shareholders by way of poll.

Reference is made to the circular in relation to, among others, the Proposed Restructuring (the “
Circular”) and the notice of the SGM (“Notice of SGM”) of The Grande Holdings Limited (In Liquidation in Hong Kong) (the “Company”) both dated 9 March 2016. Capitalized terms
used in this announcement shall have the same meanings as those defined in the Circular unless otherwise defined herein.

POLL RESULTS OF THE SGM

The Provisional Liquidators and the Company are pleased to announce that at the SGM held on 1 April 2016, the (i) Ordinary Resolutions No. 1 and 2 as set out in the Notice of SGM were duly passed by the Independent Shareholders by way of poll; and (ii) Special Resolutions No. 1 and 2 and Ordinary Resolution No. 3 were duly passed by the Shareholders by way of poll.

The Company’s Hong Kong branch share registrar, Tricor Tengis Limited, was appointed as the scrutineer at the SGM for the purpose of vote-taking.

As at the date of the SGM, the total number of issued Shares was 460,227,320 Shares.

As stated in the Circular, to the best knowledge of the Provisional Liquidators and the Directors, having made all reasonable enquiries, the controlling Shareholder, Barrican Investments Corporation and its associates, indirectly owns 328,497,822 Shares, representing approximately 71.38% of the issued share capital of the Company.

Given that Sino Bright is an associate of Barrican Investments Corporation, (i) the allotment and issuance of Creditor Shares to Sino Bright and its associates in their capacity as Scheme Creditors or pursuant to their funding of any part of the Cash Alternative, and the execution of the deed of top up undertaking by Sino Bright; and (ii) the entering into of the Underwriting Agreement between the Company and Sino Bright, who acts as the Underwriter, constitute connected transactions of the Company under Chapter 14A of the Listing Rules.

Accordingly, Barrican Investments Corporation and its associates are required to abstain from voting in respect of, and have abstained from voting in favour of, Ordinary Resolution No. 1 relating to the Creditor Schemes of Arrangement and Ordinary Resolution No. 2 relating to the Open Offer respectively set out in the Notice of SGM. The total number of Shares entitling the holders to attend and vote on Ordinary Resolutions No.1 and 2 at the SGM was 131,729,498 Shares.

Save as disclosed above, to the best knowledge of the Provisional Liquidators and the Directors, having made all reasonable enquiries, and based on available books and records, no Shareholder was required to abstain from voting on the remaining resolutions proposed at the SGM. Accordingly, the total number of Shares held by the Shareholders who were entitled to attend and vote on Special Resolutions No. 1 and 2 and Ordinary Resolution No. 3 were 460,227,320 Shares.

The poll results in respect of the resolutions were as follows:

http://www.grandeholdings.com/english/investor_announ/ew_001…

[teecee1]

Antwort auf Beitrag Nr.: 52.110.059 von teecee1 am 03.04.16 18:45:04

Form 8-K for EMERSON RADIO CORP

29-Mar-2016

Regulation FD Disclosure


Item 7.01. Regulation FD.

Emerson Radio Corp., or the Company, has previously disclosed that (a) one of its key customers decided to discontinue retailing in its stores the Emerson-branded microwave oven and compact refrigeration products and (b) Funai Corporation, Inc. provided written notice to terminate its License Agreement with the Company effective December 31, 2016. As previously disclosed, the Company is analyzing the impacts of these events to its business and is identifying strategic courses of action for consideration, including seeking new licensing relationships. To this end, the Company has entered into a short-term consulting agreement with a company that focuses on strategic brand extensions to assist the Company in development of a business plan to enhance its licensing and brand strategy. The Board of Directors also authorized its Special Committee to analyze other strategic alternatives, including a potential transition in the Company's business model and potential strategic acquisitions related to such transition, and to retain a financial advisor to assist the Special Committee in its evaluation.

In addition, after considering the impact to the Company's revenue of the aforementioned events, and in an effort to align its cost structure to anticipated future revenue levels, on March 28, 2016, the Board of Directors approved a workforce reduction plan pursuant to which the Company will eliminate six positions in the Company's U.S. offices, which together with the elimination of four positions in the Company's Hong Kong office, will result in a reduction of approximately 23% of the Company's worldwide workforce. The reduction is expected to be completed on or around April 1, 2016. The affected employees in the U.S. are being offered a severance package, which the Company estimates will result in a charge to its fourth quarter of fiscal 2016 SG&A expense of approximately $130,000.

Also, as previously disclosed, on May 31, 2011, the High Court of Hong Kong appointed Fok Hei Yu (who is also known by the anglicized name Vincent Fok), formerly a director and Chairman of the Board of the Company, and Roderick John Sutton, both of FTI Consulting (Hong Kong) Limited ("FTI"), as Joint and Several Provisional Liquidators over Grande Holdings Limited (In Liquidation) ("Grande"), which, based on its latest 13D/A filed on July 9, 2014, indirectly has the power to vote and direct the disposition of 15,243,283 shares, or approximately 56.2%, of the outstanding common stock of Emerson. Based on public announcements by Grande, the Company understands that Grande is implementing a resumption plan pursuant to which Mr. Christopher Ho, who served as the Company's Chairman of the Board until November 2013, and his associates would continue to have a majority interest in Grande and would regain the power to direct the voting and disposition of the 15,243,283 shares beneficially owned by Grande. On March 9, 2016, Grande issued a notice of a special meeting of its stockholders to be held on April 1, 2016, to among other things, approve the resumption proposal and elect directors, including Duncan Hon, who is currently chief executive officer of Emerson and is proposed to be appointed as an executive director of Grande. According to the circular dated March 9, 2016 published by Grande, if all the requisite approvals are obtained in a timely fashion, the resumption plan is expected to be completed on or before May 11, 2016.

The Company cannot predict nor provide any assurances regarding the possible effects on the Company, its shareholders, the trading price of its common stock or any other consequences that could result if the Grande resumption proposal is approved by Grande's stockholders and implemented such that Grande again has the power to control Emerson.

https://biz.yahoo.com/e/160329/msn8-k.html

.............................................................................................................................

Form 8-K for EMERSON RADIO CORP

4-Apr-2016

Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders

Emerson Radio Corp. (the "Company") held its annual meeting of stockholders on March 30, 2016 (the "Annual Meeting"). At the Annual Meeting, 25,016,598 shares of our common stock were represented either in person or by proxy, which is equal to 92.2% of our issued and outstanding common stock. At the Annual Meeting, the Company's stockholders voted to (i) elect the seven nominees named below to the Company's Board of Directors (the "Board") until the next annual meeting of the stockholders or until their successors are duly elected and qualified, and (ii) ratify the appointment of MSPC Certified Public Accountants and Advisors, A Professional Corporation as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2016,

Proposal 1: Election of Directors - The number of votes for, withheld and abstained and all shares as to which brokers indicated that they did not have authority to vote with respect to each director nominee were as follows: ...

https://biz.yahoo.com/e/160404/msn8-k.html

MILLER LLOYD I III - 4,9%

[teecee1]

Antwort auf Beitrag Nr.: 52.110.215 von teecee1 am 03.04.16 19:33:22

... ... Assets to Assets & Dust to Dust ...


THE GRANDE HOLDINGS LIMITED
嘉域集團有限公司

(In Liquidation in Hong Kong)

(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)

REVISED EXPECTED TIMETABLE
FOR
THE PROPOSED RESTRUCTURING

Financial adviser to the Company

Reference is made to the circular of The Grande Holdings Limited (In Liquidation in Hong
Kong) (the “Company”) dated 9 March 2016 in relation to, among others, the Proposed
Restructuring (the “Circular”) and the announcement of the Company dated 1 April 2016 in relation to the Company’s resumption progress. Capitalized terms used in this announcement
shall have the same meanings as those defined in the Circular unless otherwise defined herein.

The Provisional Liquidators and the Company hereby announce that the expected timetable for implementation of the Proposed Restructuring involving, inter alia, the proposed Capital Reorganisation and Open Offer has been revised as follows:

Event . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Expected date/time
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. (Note 1)

Hong Kong Court hearing to sanction the Scheme . . . . . . . . . . . . . . . . . 11:30 a.m. on 15 April 2016

Bermuda Court hearing to sanction the Scheme . . . . . . . . . . . . . . . . . . . . 9:30 a.m. on 15 April 2016
(Bermuda Time)

Effective date of the Capital Reorganisation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 April 2016

Effective date of the Schemes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 April 2016

Last day of dealing in New Shares on a cum-entitlement basis . . . . . . . . . . . . . . 19 April 2016

First day of dealing in New Shares on an ex-entitlement basis . . . . . . . . . . . . . . 20 April 2016

Latest time to lodge transfer documents for registration . . . . . . . . . . . . 4:30 p.m. on 21 April 2016

Closure of register of members to determine the eligibility
for the Open Offer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 April 2016

Open Offer Record Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 April 2016

Despatch of the Prospectus Documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 April 2016

Orders granted by the Hong Kong Court regarding
the permanent stay of the winding up proceeding
of the Company and discharge the Provisional Liquidators
to take effect from issuance of Creditors Shares and
Open Offer Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10:00 a.m. on
3 May 2016

Latest time for acceptance and payment of the Offer Shares . . . . . . . . . . . . . 4:00 p.m. on 9 May 2016

Latest time for termination of the Underwriting Agreement . . . . . . . . . . . . . 4:00 p.m. on 10 May 2016

Announcement of the allotment results of the Open Offer . . . . . . . . . . . . . . . . . 11 May 2016

Last date for striking off or commence liquidation of
Excluded Companies under the Group Reorganisation . . . . . . . . . . . . . . . . . On or before 11 May 2016

Completion of all the Resumption Conditions. . . . . . . . . . . . . . . . . . . . . . . . . . . 11 May 2016

Despatch of certificates for the New Shares
(including the New Shares then in issue and
the Offer Shares) or refund cheques for the Open Offer,
if the Open Offer is terminated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 May 2016

Issuance of Creditors Shares to the Scheme Creditors. . . . . . . . . . . . . . . . . . . . . 12 May 2016

Publication of an announcement relating to the Resumption . . . . . . . . . . . . . . . . 12 May 2016

Expected date of the Resumption and dealing of
Offer Shares, New Shares and Creditors Shares . . . . . . . . . . . . . . . . . . 9:00 a.m. on 13 May 2016

Note: (1)

All reference to time in this timetable are references to Hong Kong time unless otherwise stated.

http://www.grandeholdings.com/english/investor_announ/ew_001…

[teecee1]

Antwort auf Beitrag Nr.: 52.207.741 von teecee1 am 17.04.16 16:00:26

... ... ... das Angebot komplett falsch verstanden 5 : 2 / 2 : 5 + die alten Anteile - google translate ... stupid Shareholders ... idiot ... Trottel ... ...

ARRANGEMENT FOR MATCHNG SERVICE FOR ODD LOTS

As set out in the announcement of the Company dated 20 April 2016, the Company has
procured Phillip Securities (Hong Kong) Limited as an agent to provide matching services to
those Shareholders who wish to top-up or sell their shareholdings of odd lots on a best effort
basis during the period from 30 May 2016 to 29 July 2016 (both days inclusive).

http://www.hkexnews.hk/listedco/listconews/SEHK/2016/0526/LT…

[teecee1]

Antwort auf Beitrag Nr.: 52.647.188 von teecee1 am 19.06.16 09:20:52

... ... was hat man mit der Kapitalerhöhung vor ... Hong Kong Dong's ... HKD ...


THE GRANDE HOLDINGS LIMITED
嘉域集團有限公司
(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)

CHANGE OF PRINCIPAL PLACE OF BUSINESS
IN HONG KONG

The board of directors of The Grande Holdings Limited (the “Company”) hereby announces that the principal place of business of the Company in Hong Kong has been changed from Unit 9E, Joint Venture Factory Building, 76 Hung To Road, Kowloon, Hong Kong to 11th Floor, The Grande Building, 398 Kwun Tong Road, Kowloon, Hong Kong with effect from 20 June 2016.

By order of the Board
The Grande Holdings Limited
Tang Hoi Nam

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19. Jun. 2016 20:52:44 MESZ
HONG KONG: 1903-1938 Examples - Ex-Old Time Collection - Album Page (1398)

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Mi.Nr. 1398

[teecee1]

... ... Finanzmathematik ... ähhh ... Finanzmathemagie

minus x minus = plus


THE GRANDE HOLDINGS LIMITED
嘉域集團有限公司
(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)

PROFIT ALERT ANNOUNCEMENT

This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The Board wishes to inform the Shareholders and potential investors that it is expected that the results of the Group for the six months ended 30 June 2016 will turnaround from a net loss attributable to the Shareholders for the corresponding period in 2015 to a net profit attributable to the Shareholders.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

This announcement is made by The Grande Holdings Limited (the “Company”, and together with its subsidiaries, the “Group”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors (the “Board”) of the Company wishes to inform the shareholders of the Company (the “Shareholders”) and potential investors that, based on the preliminary review of the latest unaudited consolidated management accounts of the Group and other information currently available, the Group’s results for the six months ended 30 June 2016 are expected to turnaround from a net loss attributable to the Shareholders for the corresponding period in 2015 to a net profit attributable to the Shareholders.

The net profit attributable to the Shareholders mainly results from a gain of approximately HK$2,636 million arising from the settlement of the Company’s scheme creditors through the schemes of arrangement and offset partially by an impairment loss of approximately HK$192 million in respect of the trademark of Emerson Radio Corp. (“Emerson”), a 56.2% owned subsidiary of the Company, having its shares listed on the NYSE Alternext of United States of America (formerly the American Stock Exchange of United States of America), during the first half of 2016.

Gain Arising from Settlement of Scheme Creditors

The gain of approximately HK$2,636 million is as a result of the settlement of the Company’s scheme creditors amounting to a book value of HK$3,080 million who were fully settled by cash of HK$106 million together with the issue of 3,881 million ordinary shares of the Company. It was fully disclosed in the Shareholders’ circular dated 9 March 2016 that such a gain would arise, although the specific amount could not be determined at that point in time.

Impairment against Emerson Trademark

In light of the loss of a major licensee in the coming year and the significant decrease in the distribution of household appliances and products of Emerson during the six-month period ended on 30 June 2016, the management of the Company had decided to perform an independent professional valuation of the Emerson trademark as of 30 June 2016. Based on the finalised valuation report dated 10 August 2016, this results in a write-down in the value of the trademark carried in the consolidated accounts of the Group of approximately HK$192 million as at 30 June 2016.

As the interim results of the Group for the six months ended 30 June 2016 have not yet been finalized, the information contained in this announcement represents only a preliminary assessment by the Board with reference to the latest unaudited consolidated management accounts of the Group and other information currently available, and is not based on any figures or information that have been reviewed by the audit committee of the Company. Should any accounting issues which may cause significant impact on the interim results of the Group for the six months ended 30 June 2016 be further identified and confirmed by the management of the Company and the Board, the Company will make further announcement if there is any updated development. The unaudited interim results of the Group may be different from what is disclosed in this announcement. Shareholders and potential investors are advised to read carefully the unaudited consolidated interim results announcement of the Group for the six months ended 30 June 2016, which is expected to be released before the end of August 2016.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

http://www.hkexnews.hk/listedco/listconews/sehk/2016/0810/LT…

[Lautmaler]

Item 5.01 Changes in Control of Registrant.

A change in control of Emerson Radio Corp. (the “Company”) occurred effective September 26, 2017, as a result of the closing of the Grande Acquisition described below.

On September 26, 2017, Wealth Warrior Global Limited (“Wealth Warrior”) acquired 3,616,495,378 shares of The Grande Holdings Limited (“Grande”), representing approximately 65.85% of the outstanding share capital of Grande, from Sino Bright Enterprises Co., Ltd. (“Sino Bright”) pursuant to a sale and purchase agreement dated September 22, 2017, for consideration of HK$0.180 per share (the “Grande Acquisition”). Wealth Warrior financed the Grande Acquisition through a combination of debt forgiveness of HK$63,117,255 and the balance to be paid on or prior to the second anniversary of the closing, which payment has been secured by a pledge of 1,000,000,000 of the acquired Grande shares.

S&T International Distribution Limited, which is a wholly owned subsidiary of Grande N.A.K.S. Ltd., which is a wholly owned subsidiary of Grande, collectively have the shared power to vote and direct the disposition of 15,243,283 shares of the Company’s common stock, or approximately 61.6% of the Company’s outstanding common stock as of August 31, 2017.

Effective at the closing of the Grande Acquisition, Wealth Warrior became the indirect beneficial owner of all of such shares.

Sino Bright is an indirect subsidiary of the Ho Family Trust. Following the Grande Acquisition, Accolade (PTC) Inc., the trustee of the Ho Family Trust, indirectly held in the aggregate approximately 7.8% of the outstanding share capital of Grande and no longer beneficially controlled the voting and disposition of the shares of the Company beneficially owned by Grande. The Company’s Chairman of the Board, Mr. Christopher Ho, is a discretionary beneficiary of the Ho Family Trust.

After giving effect to the Grande Acquisition, the Company continues to qualify as a “controlled company” under Section 801(a) of the NYSE American Company Guide.

There are no other arrangements known to the Company, including any pledge by any person of securities of the Company, the operation of which may at a subsequent date result in a change in control of the Company.
https://www.sec.gov/Archives/edgar/data/32621/00011931251730…


Wealth Warrior Global Limited, hat jetzt wohl das Sagen bei Emerson, aber...

who the fuck ist Wealth Warrior Global Limited?