World Acceptance - Kreditverleiher - 500 Beiträge pro Seite
eröffnet am 03.08.10 17:43:53 von
neuester Beitrag 02.08.19 09:54:45 von
neuester Beitrag 02.08.19 09:54:45 von
Beiträge: 29
ID: 1.159.141
ID: 1.159.141
Aufrufe heute: 0
Gesamt: 8.605
Gesamt: 8.605
Aktive User: 0
ISIN: US9814191048 · WKN: 892493 · Symbol: WRLD
137,72
USD
-1,06 %
-1,48 USD
Letzter Kurs 02:00:00 Nasdaq
Neuigkeiten
06.03.24 · Business Wire (engl.)  |
01.03.24 · Business Wire (engl.) |
01.03.24 · Business Wire (engl.) |
01.03.24 · Business Wire (engl.) |
29.02.24 · Business Wire (engl.) |
Werte aus der Branche Finanzdienstleistungen
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 325,00 | +13,24 | |
| 0,7900 | +11,27 | |
| 6,3850 | +7,98 | |
| 0,6625 | +6,85 | |
| 29,36 | +6,57 |
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 20,740 | -9,83 | |
| 6,8200 | -10,26 | |
| 4,5200 | -12,23 | |
| 1,5000 | -23,08 | |
| 0,7500 | -25,00 |
Feedback
World Acceptance Corporation Reports Record First Quarter
World Acceptance Corporation Reports Record First Quarter
Jul. 27, 2010 (PR Newswire) --
GREENVILLE, S.C., July 27 /PRNewswire-FirstCall/ -- World Acceptance Corporation (Nasdaq: WRLD) today reported record financial results for its first fiscal quarter ended June 30, 2010.
Net income for the first quarter rose 27.9% to $18.7 million compared with $14.6 million for the same quarter of the prior year. Net income per diluted share increased 26.7% to $1.14 in the first quarter of fiscal 2011 compared with $0.90 in the prior year quarter.
"World Acceptance's record first quarter benefited from continued strong loan demand, our focus on expense control and our close management of credit risks," stated Sandy McLean, CEO. "We also continued to use our strong cash flow to aggressively pursue our stock repurchase program and during the quarter the Company bought 899,621 shares of its stock."
Total revenues increased to $110.4 million in the first quarter of fiscal 2011, a 10.1% increase over the $100.2 million reported in the first quarter last year. The growth in revenues benefited from higher interest and fee income and insurance revenues, partially offset by a $2.4 million (pre-tax) gain arising from the Company's repurchase of $10 million face value of its 3% convertible subordinated debt in the first quarter of fiscal 2010.
Interest and fee income increased 12.9%, from $85.1 million to $96.1 million in the first quarter fiscal 2011 due to continued growth in loan volume. Insurance and other income was $14.3 million in the first quarter of fiscal 2011 compared with $15.2 million in the first quarter of fiscal 2010. The first quarter fiscal 2011 results included a $1.5 million, or 18.2%, increase in insurance revenues when comparing the two quarterly periods. The first quarter fiscal 2010 results included a $2.4 million (pre-tax) extinguishment of debt gain, while no comparable extinguishment of debt gain was booked in the first quarter of fiscal 2011.
Gross loans outstanding increased 13.6% to $824.9 million at June 30, 2010, up from $726.1 million at June 30, 2009. Average net loans rose 14.1% when comparing the two quarterly periods.
"We made solid progress in improving our credit performance ratios during the latest quarter," continued Mr. McLean. "Our provision for loan losses was down 3.6% to $19.7 million in the first quarter 2011 compared to $20.4 million in the first quarter of fiscal 2010. Annualized net charge-offs as a percentage of average net loans decreased from 13.8% in the first quarter of last year, to 12.5% in the first quarter of the current year, contributing to the decrease in provision expense. The 130 basis point reduction in charge offs is comparable to the decreases the Company has experienced over the past three quarters. We are pleased with these improved results over recent quarters; however, we remain cautious about future credit risks in light of current economic conditions."
Total general and administrative expenses improved to 51.9% of total revenues compared with 53.2% during the first quarter of the prior fiscal year. The improved results benefited from the Company's leverage of expenses as it expanded its office network by opening 18 additional offices and acquiring two new offices during the first quarter of fiscal 2011.
Key return ratios for the first quarter included a 13.0% return on average assets for a trailing 12 month period and a 22.3% return on average equity for a trailing 12 month period.
World Acceptance Corporation Reports Record First Quarter
Jul. 27, 2010 (PR Newswire) --
GREENVILLE, S.C., July 27 /PRNewswire-FirstCall/ -- World Acceptance Corporation (Nasdaq: WRLD) today reported record financial results for its first fiscal quarter ended June 30, 2010.
Net income for the first quarter rose 27.9% to $18.7 million compared with $14.6 million for the same quarter of the prior year. Net income per diluted share increased 26.7% to $1.14 in the first quarter of fiscal 2011 compared with $0.90 in the prior year quarter.
"World Acceptance's record first quarter benefited from continued strong loan demand, our focus on expense control and our close management of credit risks," stated Sandy McLean, CEO. "We also continued to use our strong cash flow to aggressively pursue our stock repurchase program and during the quarter the Company bought 899,621 shares of its stock."
Total revenues increased to $110.4 million in the first quarter of fiscal 2011, a 10.1% increase over the $100.2 million reported in the first quarter last year. The growth in revenues benefited from higher interest and fee income and insurance revenues, partially offset by a $2.4 million (pre-tax) gain arising from the Company's repurchase of $10 million face value of its 3% convertible subordinated debt in the first quarter of fiscal 2010.
Interest and fee income increased 12.9%, from $85.1 million to $96.1 million in the first quarter fiscal 2011 due to continued growth in loan volume. Insurance and other income was $14.3 million in the first quarter of fiscal 2011 compared with $15.2 million in the first quarter of fiscal 2010. The first quarter fiscal 2011 results included a $1.5 million, or 18.2%, increase in insurance revenues when comparing the two quarterly periods. The first quarter fiscal 2010 results included a $2.4 million (pre-tax) extinguishment of debt gain, while no comparable extinguishment of debt gain was booked in the first quarter of fiscal 2011.
Gross loans outstanding increased 13.6% to $824.9 million at June 30, 2010, up from $726.1 million at June 30, 2009. Average net loans rose 14.1% when comparing the two quarterly periods.
"We made solid progress in improving our credit performance ratios during the latest quarter," continued Mr. McLean. "Our provision for loan losses was down 3.6% to $19.7 million in the first quarter 2011 compared to $20.4 million in the first quarter of fiscal 2010. Annualized net charge-offs as a percentage of average net loans decreased from 13.8% in the first quarter of last year, to 12.5% in the first quarter of the current year, contributing to the decrease in provision expense. The 130 basis point reduction in charge offs is comparable to the decreases the Company has experienced over the past three quarters. We are pleased with these improved results over recent quarters; however, we remain cautious about future credit risks in light of current economic conditions."
Total general and administrative expenses improved to 51.9% of total revenues compared with 53.2% during the first quarter of the prior fiscal year. The improved results benefited from the Company's leverage of expenses as it expanded its office network by opening 18 additional offices and acquiring two new offices during the first quarter of fiscal 2011.
Key return ratios for the first quarter included a 13.0% return on average assets for a trailing 12 month period and a 22.3% return on average equity for a trailing 12 month period.
Antwort auf Beitrag Nr.: 39.921.462 von R-BgO am 03.08.10 17:43:53Vielleicht solltest du deine Vorstellungen mit ein paar Zahlen unterlegen.
http://financials.morningstar.com/income-statement/is.html?t…
WRLD ist ein solides Unternehmen mit einer ausgezeichneten Gewinnhistorie.
Und das ganze gibt es zu einen Spotpreis.
http://financials.morningstar.com/income-statement/is.html?t…
WRLD ist ein solides Unternehmen mit einer ausgezeichneten Gewinnhistorie.
Und das ganze gibt es zu einen Spotpreis.
GREENVILLE, S.C., Oct. 26 /PRNewswire-FirstCall/ -- World Acceptance Corporation today reported record financial results for its second fiscal quarter and six months ended September 30, 2010.
Net income for the second quarter rose 38.5% to $20.2 million compared to $14.6 million for the same quarter of the prior year. Net income per diluted share increased 41.6% to $1.26 in the second quarter of fiscal 2011 compared to $0.89 in the prior year quarter.
The Company's net income during the quarter benefited from an income tax settlement with the state of South Carolina for tax years March 31, 1997, through March 31, 2006, which resulted in the Company recognizing a tax benefit of approximately $900,000 (or $0.06 per diluted share).
Total revenues increased to $118.1 million in the second quarter of fiscal 2011, a 13.3% increase over the $104.2 million reported in the second quarter last year. The primary driver for the growth in revenue was a 14.2% increase in average net loans and the associated growth in interest and fees. Gross loans outstanding increased 15.0% to $868.2 million at September 30, 2010, up from $754.9 million at September 30, 2009. Interest and fees rose 13.3% to $103.7 million in the second quarter of fiscal 2011 compared to $91.5 million in the second quarter of fiscal 2010.
"I am very pleased that World Acceptance Corporation's excellent first quarter results have continued through the second fiscal quarter," stated Sandy McLean, CEO. "Several factors are driving the current improvement in the Company's financial performance including increased loan demand, our ongoing focus on expense control, and close management of credit risks. The Company's growth in earnings per share has also benefitted from the ongoing share repurchase program during the current fiscal year. We continue to use our excellent cash flow and strong financial position to fund our growth while repurchasing shares."
"Our credit loss ratios showed further improvement during the quarter, a continuation of the trend recognized during the first fiscal quarter," continued Mr. McLean. "Our net charge-offs as a percentage of average net loans returned to near historical levels of 14.8% on an annualized basis during the quarter compared to 16.2% in the second quarter of last year. Additionally, the Company's past due loans, as measured by those that are 61+ days delinquent, decreased from 4.6% to 4.2% on a contractual basis."
The provision for loan losses rose 8.4% to $27.3 million in the second quarter of fiscal 2011 compared to the second quarter of fiscal 2010. "We remain focused on monitoring our loan portfolio in light of the difficult economy and we believe that our allowance for loan losses is adequate based on the current outlook," noted Mr. McLean.
The Company's general and administrative expenses increased by 8.4% when comparing the two second quarterly periods primarily due to the increase in new office openings during fiscal 2011. During the first six-months of the fiscal year, the Company opened 41 and purchased four new offices and closed one office, resulting in a total of 1,034 offices at September 30, 2010. General and administrative expenses as a percent of total revenues decreased from 49.7% in the prior year quarter to 47.5% during the current fiscal quarter.
"Our earnings growth continued to benefit from the leverage we are achieving in our general and administrative expenses, which highlights our strategic goal of managing costs while expanding our base of offices in both domestic and international markets," noted Mr. McLean.
Other key return ratios for the second quarter included a 13.4% return on average assets and a return on average equity of 22.9% (both on a trailing 12 month basis).
Six-Month Results
For the first six-months of the fiscal year, net income rose 33.2% to $38.9 million compared to $29.2 million for the six-months ended September 30, 2009. Fully diluted net income per share rose 34.1% to $2.40 in fiscal 2011 compared to $1.79 for the first six months of fiscal 2010.
Total revenues for the first six-months of fiscal 2011 rose 11.8% to $228.5 million compared to $204.4 million during the corresponding period of the previous year. Net charge-offs increased $1.5 million, or 3.9%, compared to the prior year first six-months and annualized net charge-offs as a percent of average net loans were 13.7% for the first six months of fiscal 2011 compared to 15.1% during the prior year six-month period.
Net income for the second quarter rose 38.5% to $20.2 million compared to $14.6 million for the same quarter of the prior year. Net income per diluted share increased 41.6% to $1.26 in the second quarter of fiscal 2011 compared to $0.89 in the prior year quarter.
The Company's net income during the quarter benefited from an income tax settlement with the state of South Carolina for tax years March 31, 1997, through March 31, 2006, which resulted in the Company recognizing a tax benefit of approximately $900,000 (or $0.06 per diluted share).
Total revenues increased to $118.1 million in the second quarter of fiscal 2011, a 13.3% increase over the $104.2 million reported in the second quarter last year. The primary driver for the growth in revenue was a 14.2% increase in average net loans and the associated growth in interest and fees. Gross loans outstanding increased 15.0% to $868.2 million at September 30, 2010, up from $754.9 million at September 30, 2009. Interest and fees rose 13.3% to $103.7 million in the second quarter of fiscal 2011 compared to $91.5 million in the second quarter of fiscal 2010.
"I am very pleased that World Acceptance Corporation's excellent first quarter results have continued through the second fiscal quarter," stated Sandy McLean, CEO. "Several factors are driving the current improvement in the Company's financial performance including increased loan demand, our ongoing focus on expense control, and close management of credit risks. The Company's growth in earnings per share has also benefitted from the ongoing share repurchase program during the current fiscal year. We continue to use our excellent cash flow and strong financial position to fund our growth while repurchasing shares."
"Our credit loss ratios showed further improvement during the quarter, a continuation of the trend recognized during the first fiscal quarter," continued Mr. McLean. "Our net charge-offs as a percentage of average net loans returned to near historical levels of 14.8% on an annualized basis during the quarter compared to 16.2% in the second quarter of last year. Additionally, the Company's past due loans, as measured by those that are 61+ days delinquent, decreased from 4.6% to 4.2% on a contractual basis."
The provision for loan losses rose 8.4% to $27.3 million in the second quarter of fiscal 2011 compared to the second quarter of fiscal 2010. "We remain focused on monitoring our loan portfolio in light of the difficult economy and we believe that our allowance for loan losses is adequate based on the current outlook," noted Mr. McLean.
The Company's general and administrative expenses increased by 8.4% when comparing the two second quarterly periods primarily due to the increase in new office openings during fiscal 2011. During the first six-months of the fiscal year, the Company opened 41 and purchased four new offices and closed one office, resulting in a total of 1,034 offices at September 30, 2010. General and administrative expenses as a percent of total revenues decreased from 49.7% in the prior year quarter to 47.5% during the current fiscal quarter.
"Our earnings growth continued to benefit from the leverage we are achieving in our general and administrative expenses, which highlights our strategic goal of managing costs while expanding our base of offices in both domestic and international markets," noted Mr. McLean.
Other key return ratios for the second quarter included a 13.4% return on average assets and a return on average equity of 22.9% (both on a trailing 12 month basis).
Six-Month Results
For the first six-months of the fiscal year, net income rose 33.2% to $38.9 million compared to $29.2 million for the six-months ended September 30, 2009. Fully diluted net income per share rose 34.1% to $2.40 in fiscal 2011 compared to $1.79 for the first six months of fiscal 2010.
Total revenues for the first six-months of fiscal 2011 rose 11.8% to $228.5 million compared to $204.4 million during the corresponding period of the previous year. Net charge-offs increased $1.5 million, or 3.9%, compared to the prior year first six-months and annualized net charge-offs as a percent of average net loans were 13.7% for the first six months of fiscal 2011 compared to 15.1% during the prior year six-month period.
Kurs ist ja zuletzt nett ins Laufen gekommen ohne dass ich irgendwelche weiteren News finde...
Liegt's am Q-Bericht?
Liegt's am Q-Bericht?
Q1 EPS waren + >10%
Trading Spotlight
GREENVILLE, S.C., Jan. 25, 2012 /PRNewswire/ -- World Acceptance Corporation (NASDAQ: WRLD - News) today reported record financial results for its third fiscal quarter and nine months ended December 31, 2011.
Net income for the third quarter rose 8.4% to $19.6 million compared to $18.1 million for the same quarter of the prior year. Net income per diluted share increased 16.1% to $1.30 in the third quarter of fiscal 2012 compared to $1.12 in the prior year's third quarter. This was the Company's 44th consecutive year-over-year quarterly increase of net income and diluted earnings per share, excluding the September 2007 quarter which was restated by approximately $700,000 with the adoption of FASB ASC Topic 47020. The Company's record results highlight the strong demand for its loan product, its ongoing focus on expense control, its close management of credit risks and the contribution from new offices.
Total revenues increased to $135.9 million in the third quarter of fiscal 2012, a 7.9% increase over the $126.0 million reported in the third quarter last year. The primary driver for the growth in revenue was a 10.6% increase in average net loans and the associated growth in interest and fees. Gross loans outstanding increased 10.4% to $1.1 billion at December 31, 2011, up from $965.4 million at December 31, 2010. Interest and fees rose 7.0% to $117.1 million in the third quarter of fiscal 2012 compared to $109.5 million in the third quarter of fiscal 2011.
Sandy McLean, CEO, stated, "The Company's growth in earnings per share has also benefitted from our ongoing share repurchase program during the current fiscal year. We continue to use our excellent cash flow and strong financial position to fund our growth while repurchasing shares." Over the past nine months, the Company has repurchased 1,167,245 shares of World Acceptance's stock, representing a 6.1% decrease in diluted weighted average shares outstanding compared with the third quarter of last fiscal year.
"Our charge-off rate was consistent with the prior year as expected," continued Mr. McLean. "Our net charge-offs as a percentage of average net loans remained near historical levels at 15.9% on an annualized basis during the quarter compared to 16.3% in the third quarter of the prior year." The Company's past due loans, as measured by those that are 61+ days delinquent on a contractual basis, increased from 4.0% in the third quarter of last year to 4.3% in the third quarter of this fiscal year.
The provision for loan losses rose 13.0% to $36.1 million in the third quarter of fiscal 2012 compared to the third quarter of fiscal 2011. "We remain focused on monitoring our loan portfolio in light of the difficult economy and we believe that our allowance for loan losses is adequate based on the current outlook," noted Mr. McLean.
"We opened 53 new offices and purchased one office in the first nine months of fiscal 2012," continued Mr. McLean. "Our earnings growth continues to benefit from the increase in new offices and the leverage we are achieving in our general and administrative expenses as reflected by the improved ratio of G&A expenses to total revenues. We believe our success highlights our strategic goal of managing costs while expanding our base of offices in both domestic and international markets."
The Company's general and administrative expenses rose to $66.2 million in the third quarter of fiscal 2012 compared with $61.4 million in the third quarter of the prior fiscal year primarily due to the increase in new office openings during fiscal 2012. As a percent of total revenues, general and administrative expenses remained flat at 48.7% during both fiscal quarters. During the first nine-months of the fiscal year, the Company opened 53 new offices, purchased one office and one nonperforming office was closed, resulting in a total of 1,120 offices at December 31, 2011.
The Company's net income during the current quarter benefited from a tax benefit related to the reduction of its effective rate for state income taxes.
Other key return ratios for the third quarter included a 13.4% return on average assets and a return on average equity of 22.8% (both on a trailing 12 month basis).
Nine-Month Results
For the first nine-months of the fiscal year, net income rose 10.6% to $63.1 million compared to $57.0 million for the nine-months ended December 31, 2010. Fully diluted net income per share rose 15.9% to $4.08 in fiscal 2012 compared to $3.52 for the first nine-months of fiscal 2011. Diluted weighted average shares outstanding were down 4.6% to 15.5 million for the first nine months of fiscal 2012 compared with the same period in fiscal 2011, benefiting from the Company's stock repurchase program.
The Company's net income during the nine-months ended December 31, 2010, benefited from an income tax settlement with the state of South Carolina for tax years March 31, 1997, through March 31, 2006, which resulted in the Company recognizing a tax benefit of approximately $900,000 (or $0.06 per diluted share), which was recognized during the second quarter of fiscal 2011.
Total revenues for the first nine-months of fiscal 2012 rose 10.4% to $391.2 million compared to $354.5 million during the corresponding period of the previous year. Annualized net charge-offs as a percent of average net loans decreased from 14.6% during the prior year nine-month period to 14.4% for the first nine-months of fiscal 2012.
Net income for the third quarter rose 8.4% to $19.6 million compared to $18.1 million for the same quarter of the prior year. Net income per diluted share increased 16.1% to $1.30 in the third quarter of fiscal 2012 compared to $1.12 in the prior year's third quarter. This was the Company's 44th consecutive year-over-year quarterly increase of net income and diluted earnings per share, excluding the September 2007 quarter which was restated by approximately $700,000 with the adoption of FASB ASC Topic 47020. The Company's record results highlight the strong demand for its loan product, its ongoing focus on expense control, its close management of credit risks and the contribution from new offices.
Total revenues increased to $135.9 million in the third quarter of fiscal 2012, a 7.9% increase over the $126.0 million reported in the third quarter last year. The primary driver for the growth in revenue was a 10.6% increase in average net loans and the associated growth in interest and fees. Gross loans outstanding increased 10.4% to $1.1 billion at December 31, 2011, up from $965.4 million at December 31, 2010. Interest and fees rose 7.0% to $117.1 million in the third quarter of fiscal 2012 compared to $109.5 million in the third quarter of fiscal 2011.
Sandy McLean, CEO, stated, "The Company's growth in earnings per share has also benefitted from our ongoing share repurchase program during the current fiscal year. We continue to use our excellent cash flow and strong financial position to fund our growth while repurchasing shares." Over the past nine months, the Company has repurchased 1,167,245 shares of World Acceptance's stock, representing a 6.1% decrease in diluted weighted average shares outstanding compared with the third quarter of last fiscal year.
"Our charge-off rate was consistent with the prior year as expected," continued Mr. McLean. "Our net charge-offs as a percentage of average net loans remained near historical levels at 15.9% on an annualized basis during the quarter compared to 16.3% in the third quarter of the prior year." The Company's past due loans, as measured by those that are 61+ days delinquent on a contractual basis, increased from 4.0% in the third quarter of last year to 4.3% in the third quarter of this fiscal year.
The provision for loan losses rose 13.0% to $36.1 million in the third quarter of fiscal 2012 compared to the third quarter of fiscal 2011. "We remain focused on monitoring our loan portfolio in light of the difficult economy and we believe that our allowance for loan losses is adequate based on the current outlook," noted Mr. McLean.
"We opened 53 new offices and purchased one office in the first nine months of fiscal 2012," continued Mr. McLean. "Our earnings growth continues to benefit from the increase in new offices and the leverage we are achieving in our general and administrative expenses as reflected by the improved ratio of G&A expenses to total revenues. We believe our success highlights our strategic goal of managing costs while expanding our base of offices in both domestic and international markets."
The Company's general and administrative expenses rose to $66.2 million in the third quarter of fiscal 2012 compared with $61.4 million in the third quarter of the prior fiscal year primarily due to the increase in new office openings during fiscal 2012. As a percent of total revenues, general and administrative expenses remained flat at 48.7% during both fiscal quarters. During the first nine-months of the fiscal year, the Company opened 53 new offices, purchased one office and one nonperforming office was closed, resulting in a total of 1,120 offices at December 31, 2011.
The Company's net income during the current quarter benefited from a tax benefit related to the reduction of its effective rate for state income taxes.
Other key return ratios for the third quarter included a 13.4% return on average assets and a return on average equity of 22.8% (both on a trailing 12 month basis).
Nine-Month Results
For the first nine-months of the fiscal year, net income rose 10.6% to $63.1 million compared to $57.0 million for the nine-months ended December 31, 2010. Fully diluted net income per share rose 15.9% to $4.08 in fiscal 2012 compared to $3.52 for the first nine-months of fiscal 2011. Diluted weighted average shares outstanding were down 4.6% to 15.5 million for the first nine months of fiscal 2012 compared with the same period in fiscal 2011, benefiting from the Company's stock repurchase program.
The Company's net income during the nine-months ended December 31, 2010, benefited from an income tax settlement with the state of South Carolina for tax years March 31, 1997, through March 31, 2006, which resulted in the Company recognizing a tax benefit of approximately $900,000 (or $0.06 per diluted share), which was recognized during the second quarter of fiscal 2011.
Total revenues for the first nine-months of fiscal 2012 rose 10.4% to $391.2 million compared to $354.5 million during the corresponding period of the previous year. Annualized net charge-offs as a percent of average net loans decreased from 14.6% during the prior year nine-month period to 14.4% for the first nine-months of fiscal 2012.
Antwort auf Beitrag Nr.: 42.646.628 von R-BgO am 25.01.12 17:06:43Ich finde es nur schade, dass das Unternehmen keine Dividenden ausschüttet. Gerade in heutigen Zeiten legen viele Anleger wert auf laufende Einnahmen. Neben den Aktienrückkäufen könnten Dividendenzahlungen dem Kurs weiter auf die Sprünge helfen.
weiter wie ein Uhrwerk...
Antwort auf Beitrag Nr.: 42.651.432 von betterthantherest am 26.01.12 13:51:15in den USA ist eine Mords-Shortattacke (http://seekingalpha.com/article/2003711-world-acceptance-lik…)im Gange mit den Argumenten:
-untertriebene Zahlungsausfälle und
-predatory lending;
letzteres macht mir Mut, weil die erste These bisher nicht gereicht zu haben scheint...
andererseits scheint es tatsächlich so zu sein, dass sie in 85% der Fälle Darlehen an Bestandskunden geben und SEHR OFT deutlich vor Darlehensende neu finanzieren;
auf die Art kann man die receivables immer weiter aufblasen, Frage ist aber, ob sie am Ende tatsächlich bezahlt werden
gleichzeitig werden wie blöde Aktien zurückgekauft und EK durch FK ersetzt
Entweder ist das genial oder eben superblöd...
Halte im Moment noch die Füße still, aber meistens ist nicht wahr, was zu schön ist, um wahr zu sein.
-untertriebene Zahlungsausfälle und
-predatory lending;
letzteres macht mir Mut, weil die erste These bisher nicht gereicht zu haben scheint...
andererseits scheint es tatsächlich so zu sein, dass sie in 85% der Fälle Darlehen an Bestandskunden geben und SEHR OFT deutlich vor Darlehensende neu finanzieren;
auf die Art kann man die receivables immer weiter aufblasen, Frage ist aber, ob sie am Ende tatsächlich bezahlt werden
gleichzeitig werden wie blöde Aktien zurückgekauft und EK durch FK ersetzt
Entweder ist das genial oder eben superblöd...
Halte im Moment noch die Füße still, aber meistens ist nicht wahr, was zu schön ist, um wahr zu sein.
Antwort auf Beitrag Nr.: 46.562.079 von R-BgO am 04.03.14 15:55:59Ich würde auch lieber Leuten Geld leihen, die ich schon kenne und von denen ich weiß, dass sie zumindest schon mal ihre Zinsen bezahlt haben.
Meine ersten World habe ich mir in 2004 gekauft und seit dem läuft dieses Geschäftsmodell.
Lustig finde ich es auch, wenn man es als unmoralisch hinstellt, dass World den Armen Geld leiht. Was hält die Kritiker davon ab, diesen armen Menschen bessere Konditionen zu bieten und ihnen ihr eigenes Geld anzudienen?
Und von wegen die Darlehen werden nicht zurück gezahlt. Zahlt Deutschland, die USA und wie die Staaten alle heißen Schulden zurück?
Eigentlich müsste World noch viel mehr Aktien zurückkaufen, bis die Shortseller "gebraten" werden. Es gibt doch nichts schöneres, als die Shorties dazu zu zwingen ihre Positionen aufzulösen.
Meine ersten World habe ich mir in 2004 gekauft und seit dem läuft dieses Geschäftsmodell.
Lustig finde ich es auch, wenn man es als unmoralisch hinstellt, dass World den Armen Geld leiht. Was hält die Kritiker davon ab, diesen armen Menschen bessere Konditionen zu bieten und ihnen ihr eigenes Geld anzudienen?
Und von wegen die Darlehen werden nicht zurück gezahlt. Zahlt Deutschland, die USA und wie die Staaten alle heißen Schulden zurück?
Eigentlich müsste World noch viel mehr Aktien zurückkaufen, bis die Shortseller "gebraten" werden. Es gibt doch nichts schöneres, als die Shorties dazu zu zwingen ihre Positionen aufzulösen.
was ist
los?
los?
Antwort auf Beitrag Nr.: 46.624.785 von ElfenbeinelaufenschnellermitKo am 13.03.14 18:26:53Sub-Prime Lender World Acceptance Corp. Receives CID
by Michael IdeMarch 13, 2014, 2:59 pm
World Acceptance Corp has been accused of “sleazy” tactics for years
World Acceptance Corp. (NASDAQ:WRLD) received a civil investigative demand (CID) from the U.S. Consumer Financial Protection Bureau (CFPB) yesterday which contained “broad requests for production of documents, answers to interrogatories and written reports related to loans made by the Company and numerous other aspects of the Company’s business” to determine whether World Acceptance Corp has been violating the Consumer Financial Protection Act or the Truth in Lending Act.
The CID came to light today in a Securities and Exchange Commission filing, and World Acceptance Corp. (NASDAQ:WRLD) has seen its stock price drop almost 20% in less than two hours since then. World Acceptance had been building back towards its high of $107.98 in late 2013 before the news came out, but the risk of government action has always hung over the company.
World Acceptance Corp “egregious and downright sleazy”: Citron
Citron Research has been bearish on World Acceptance since 2009 when its stock was at $20, saying that it “systematically abuses the economically disadvantaged with its egregious and downright sleazy lending tactics” earlier this year, rating it as a “sub-sub-sub-prime investment.”
When an article on Pro Publica detailed the alleged abuses that pushed effective interest rates into triple digits, it got even more people’s attention. The CFPB had put payday lenders out of business for taking advantage of people, and it seemed inevitable that the installment loans that World Acceptance Corp. (NASDAQ:WRLD) has been making would eventually get their attention. Shortly after the article came out, Senator Ron Wyden (D, OR) grilled CFPB representatives over the alleged World Acceptance loan practices, saying that he felt they were skirting the law to regarding payday loans.
World Acceptance Corp stock had a rocky 2013
CFPB associate director David Silberman wouldn’t comment specifically on World Acceptance Corp. (NASDAQ:WRLD), but he did say that the CFPB had taken action against the use of add-ons that raised effective interest rates to unacceptable levels in the past. This pressure caused World Acceptance stock to fall from the mid $90s to the mid $70s, but the price recovered as the company left the headlines, with another drop in November after an earnings miss.
It’s not clear why the CID comes now, and the CFPB doesn’t usually discuss the details of their investigations, but anyone invested in World Acceptance Corp. (NASDAQ:WRLD) should have realized that there was high regulatory risk. Of course, investors who are confident that the CFPB CID will come back clear can increase their position while the stock price is depressed.
by Michael IdeMarch 13, 2014, 2:59 pm
World Acceptance Corp has been accused of “sleazy” tactics for years
World Acceptance Corp. (NASDAQ:WRLD) received a civil investigative demand (CID) from the U.S. Consumer Financial Protection Bureau (CFPB) yesterday which contained “broad requests for production of documents, answers to interrogatories and written reports related to loans made by the Company and numerous other aspects of the Company’s business” to determine whether World Acceptance Corp has been violating the Consumer Financial Protection Act or the Truth in Lending Act.
The CID came to light today in a Securities and Exchange Commission filing, and World Acceptance Corp. (NASDAQ:WRLD) has seen its stock price drop almost 20% in less than two hours since then. World Acceptance had been building back towards its high of $107.98 in late 2013 before the news came out, but the risk of government action has always hung over the company.
World Acceptance Corp “egregious and downright sleazy”: Citron
Citron Research has been bearish on World Acceptance since 2009 when its stock was at $20, saying that it “systematically abuses the economically disadvantaged with its egregious and downright sleazy lending tactics” earlier this year, rating it as a “sub-sub-sub-prime investment.”
When an article on Pro Publica detailed the alleged abuses that pushed effective interest rates into triple digits, it got even more people’s attention. The CFPB had put payday lenders out of business for taking advantage of people, and it seemed inevitable that the installment loans that World Acceptance Corp. (NASDAQ:WRLD) has been making would eventually get their attention. Shortly after the article came out, Senator Ron Wyden (D, OR) grilled CFPB representatives over the alleged World Acceptance loan practices, saying that he felt they were skirting the law to regarding payday loans.
World Acceptance Corp stock had a rocky 2013
CFPB associate director David Silberman wouldn’t comment specifically on World Acceptance Corp. (NASDAQ:WRLD), but he did say that the CFPB had taken action against the use of add-ons that raised effective interest rates to unacceptable levels in the past. This pressure caused World Acceptance stock to fall from the mid $90s to the mid $70s, but the price recovered as the company left the headlines, with another drop in November after an earnings miss.
It’s not clear why the CID comes now, and the CFPB doesn’t usually discuss the details of their investigations, but anyone invested in World Acceptance Corp. (NASDAQ:WRLD) should have realized that there was high regulatory risk. Of course, investors who are confident that the CFPB CID will come back clear can increase their position while the stock price is depressed.
Antwort auf Beitrag Nr.: 46.627.277 von R-BgO am 13.03.14 23:39:31Was für Heuchler.
Würden diese Gutmenschen den armen Schluckern Geld leihen, müssten diese nicht zum "Kredithai" gehen.
Die Mafia dürfte sich über neue Kunden freuen. Das Geschäft geht dann halt in die totale Illegalität. Geholfen ist damit niemandem.
Würden diese Gutmenschen den armen Schluckern Geld leihen, müssten diese nicht zum "Kredithai" gehen.
Die Mafia dürfte sich über neue Kunden freuen. Das Geschäft geht dann halt in die totale Illegalität. Geholfen ist damit niemandem.
World Acceptance Corporation Reports Fourth Quarter Results
World Acceptance Corporation (NASDAQ: WRLD) today reported financial results for its fourth fiscal quarter and twelve months ended March 31, 2014.
Net income for the fourth quarter increased 2.8% to $39.0 million compared with $37.9 million for the same quarter of the prior year. Net income per diluted share increased 16.9% to $3.52 in the fourth quarter of fiscal 2014 compared with $3.01 in the prior year quarter. Total revenues increased slightly to $161.9 million in the fourth quarter of fiscal 2014 over the $161.8 million reported in the fourth quarter last year.
The Company’s growth in earnings per share benefited from the ongoing share repurchase program during the past year. During the fourth quarter of fiscal 2014, the Company repurchased 740,000 shares at an aggregate cost of $68.5 million. During the fiscal year ended March 31, 2014, the Company repurchased 2,091,699 shares at an aggregate cost of $190.5 million. As of March 31, 2014, 10.3 million shares were outstanding.
Interest and fee income increased 0.6% to $139.0 million in the fourth quarter of fiscal 2014 from $138.1 million in the fourth quarter of fiscal 2013 due to continued growth in outstanding loans receivable and expansion of offices. Insurance and other income decreased by 3.4% to $23.0 million in the fourth quarter of fiscal 2014 compared with $23.8 million in the fourth quarter of fiscal 2013. Tax preparation revenue rose to $8.3 million during the fourth quarter of fiscal 2014 compared with $8.1 million during the fourth quarter of fiscal 2013.
Gross loans rose to $1.11 billion at March 31, 2014, a 4.2% increase over the $1.07 billion outstanding at March 31, 2013. Fourth quarter provision for loan losses decreased to $18.6 million in fiscal 2014 compared with $20.9 million in the fourth quarter of fiscal 2013. The fourth quarter charge-off ratio increased slightly on a year-over-year basis. Net charge-offs to average net loans on an annualized basis increased from 13.7% in the fourth quarter of fiscal 2013 to 13.9% in the current quarter. Accounts contractually delinquent 61+ days increased from 4.4% at March 31, 2013 to 5.3% at March 31, 2014. When excluding the impact of payroll deduct loans in Mexico, the accounts contractually delinquent 61+ days were 4.8% at March 31, 2014. Accounts that were 61+ days past due on a recency basis increased slightly from 2.7% to 3.0%.
The Company’s general and administrative expenses decreased by 0.6% compared with the fourth quarter of the prior year due primarily to a reduction in incentive based compensation partially offset by higher costs associated with new offices opened during fiscal 2014. General and administrative expenses as a percent of total revenues decreased from 46.7% in the prior year quarter to 46.4% during the current fiscal quarter. The Company’s fourth quarter effective income tax rate increased slightly to 37.7% compared with 37.2% in the prior year’s fourth quarter.
Full Year Results
For the year ended March 31, 2014, net income increased 2.4% to $106.6 million compared with $104.1 million for the year ended March 31, 2013. Fully diluted net income per share rose 15.3% to $9.08 for fiscal 2014 compared to $7.88 for fiscal 2013.
Total revenues for fiscal 2014 rose to $617.6 million, a 5.8% increase over the $583.7 million in fiscal 2013. Net charge-offs as a percent of average net loans increased to 14.7% in fiscal 2014 compared with 13.9% during the prior year. Total general and administrative expenses as a percent of revenue decreased from 48.9% in fiscal 2013 to 48.5% in fiscal 2014.
The Company opened 69 new offices, purchased one new office and merged two offices during the fiscal year, resulting in a total of 1,271 offices at March 31, 2014.
Other key return ratios for the fiscal year included a 12.3% return on average assets and a 31.2% return on average equity.
World Acceptance Corporation (NASDAQ: WRLD) today reported financial results for its fourth fiscal quarter and twelve months ended March 31, 2014.
Net income for the fourth quarter increased 2.8% to $39.0 million compared with $37.9 million for the same quarter of the prior year. Net income per diluted share increased 16.9% to $3.52 in the fourth quarter of fiscal 2014 compared with $3.01 in the prior year quarter. Total revenues increased slightly to $161.9 million in the fourth quarter of fiscal 2014 over the $161.8 million reported in the fourth quarter last year.
The Company’s growth in earnings per share benefited from the ongoing share repurchase program during the past year. During the fourth quarter of fiscal 2014, the Company repurchased 740,000 shares at an aggregate cost of $68.5 million. During the fiscal year ended March 31, 2014, the Company repurchased 2,091,699 shares at an aggregate cost of $190.5 million. As of March 31, 2014, 10.3 million shares were outstanding.
Interest and fee income increased 0.6% to $139.0 million in the fourth quarter of fiscal 2014 from $138.1 million in the fourth quarter of fiscal 2013 due to continued growth in outstanding loans receivable and expansion of offices. Insurance and other income decreased by 3.4% to $23.0 million in the fourth quarter of fiscal 2014 compared with $23.8 million in the fourth quarter of fiscal 2013. Tax preparation revenue rose to $8.3 million during the fourth quarter of fiscal 2014 compared with $8.1 million during the fourth quarter of fiscal 2013.
Gross loans rose to $1.11 billion at March 31, 2014, a 4.2% increase over the $1.07 billion outstanding at March 31, 2013. Fourth quarter provision for loan losses decreased to $18.6 million in fiscal 2014 compared with $20.9 million in the fourth quarter of fiscal 2013. The fourth quarter charge-off ratio increased slightly on a year-over-year basis. Net charge-offs to average net loans on an annualized basis increased from 13.7% in the fourth quarter of fiscal 2013 to 13.9% in the current quarter. Accounts contractually delinquent 61+ days increased from 4.4% at March 31, 2013 to 5.3% at March 31, 2014. When excluding the impact of payroll deduct loans in Mexico, the accounts contractually delinquent 61+ days were 4.8% at March 31, 2014. Accounts that were 61+ days past due on a recency basis increased slightly from 2.7% to 3.0%.
The Company’s general and administrative expenses decreased by 0.6% compared with the fourth quarter of the prior year due primarily to a reduction in incentive based compensation partially offset by higher costs associated with new offices opened during fiscal 2014. General and administrative expenses as a percent of total revenues decreased from 46.7% in the prior year quarter to 46.4% during the current fiscal quarter. The Company’s fourth quarter effective income tax rate increased slightly to 37.7% compared with 37.2% in the prior year’s fourth quarter.
Full Year Results
For the year ended March 31, 2014, net income increased 2.4% to $106.6 million compared with $104.1 million for the year ended March 31, 2013. Fully diluted net income per share rose 15.3% to $9.08 for fiscal 2014 compared to $7.88 for fiscal 2013.
Total revenues for fiscal 2014 rose to $617.6 million, a 5.8% increase over the $583.7 million in fiscal 2013. Net charge-offs as a percent of average net loans increased to 14.7% in fiscal 2014 compared with 13.9% during the prior year. Total general and administrative expenses as a percent of revenue decreased from 48.9% in fiscal 2013 to 48.5% in fiscal 2014.
The Company opened 69 new offices, purchased one new office and merged two offices during the fiscal year, resulting in a total of 1,271 offices at March 31, 2014.
Other key return ratios for the fiscal year included a 12.3% return on average assets and a 31.2% return on average equity.
die Anwälte stürzen sich wie ein Rudel Hyänen auf die Firma:
http://www.worldacceptance.com/quotes_filings.php?qm_page=48…
http://www.worldacceptance.com/quotes_filings.php?qm_page=48…
Antwort auf Beitrag Nr.: 46.902.568 von R-BgO am 30.04.14 18:06:25Ich habe es an anderer Stelle schon geschrieben. Ich bin vorerst raus aus der Aktie. Auch falls die Klagen unbegründet sein sollten, kann WRLD durch Kosten und Zeitaufwand stark belastet werden.
Sobald die Angelegenheit ausgestanden ist, plane ich bei entsprechender Bewertung einen Wiedereinstieg.
WRLD war für mich mit eine der rentabelsten Aktien.
Sobald die Angelegenheit ausgestanden ist, plane ich bei entsprechender Bewertung einen Wiedereinstieg.
WRLD war für mich mit eine der rentabelsten Aktien.
Antwort auf Beitrag Nr.: 46.906.260 von betterthantherest am 01.05.14 15:10:14ich konnte mich bisher immer noch nicht entscheiden;
share-count ging weiter runter, zuletzt nur noch 9,6 Mio. Akiten.
Diese Woche hat KPMG als Auditor hingeschmissen...
share-count ging weiter runter, zuletzt nur noch 9,6 Mio. Akiten.
Diese Woche hat KPMG als Auditor hingeschmissen...
Antwort auf Beitrag Nr.: 47.744.682 von R-BgO am 10.09.14 16:10:00Das hatte ich nun schon zu oft. Man denkt so schlimm wird es schon nicht kommen und dann kommt es noch viel schlimmer.
Ich schau mir die Sache lieber von der Seitenlinie aus an. Runter geht es in der Regel in sehr kurzer Zeit. Erholungen dauern dagegen meist viel länger. Da sollte noch genügend Zeit bleiben, um günstig wieder einsteigen zu können. Falls nicht hat man halt Pech gehabt, aber auch das Risiko Geld zu verlieren verringert.
Ich schau mir die Sache lieber von der Seitenlinie aus an. Runter geht es in der Regel in sehr kurzer Zeit. Erholungen dauern dagegen meist viel länger. Da sollte noch genügend Zeit bleiben, um günstig wieder einsteigen zu können. Falls nicht hat man halt Pech gehabt, aber auch das Risiko Geld zu verlieren verringert.
ok, habe mich von allen bis auf das übliche eine Erinnerungsstück getrennt...
jetzt kann der Kurs wieder anziehen
jetzt kann der Kurs wieder anziehen
Shortinterest variiert stark.
Entweder bekommen die Shorter Recht oder es steht gewaltig was nach oben an.
94% des Freefloat
http://www.gurufocus.com/ShortInterest/WRLD
Oder knapp 4Mio hier
http://www.nasdaq.com/symbol/wrld/short-interest
Entweder bekommen die Shorter Recht oder es steht gewaltig was nach oben an.
94% des Freefloat
http://www.gurufocus.com/ShortInterest/WRLD
Oder knapp 4Mio hier
http://www.nasdaq.com/symbol/wrld/short-interest
im 10k waren sie runter auf
unter 9 Mio. Aktien...something has to give
but when?
Die Shorts fahren ihre Gewinne ein.
20% Minus heute
4,3Mio waren am 15.6 short, 69% des Freefloats lt. einer 2. Qeulle
20% Minus heute
4,3Mio waren am 15.6 short, 69% des Freefloats lt. einer 2. Qeulle
Antwort auf Beitrag Nr.: 50.041.803 von R-BgO am 24.06.15 15:36:04
abgelaufenes KGV 5,5, KBV 1,2, EKR 29%,...
hat sich in Summe besser behauptet, als ich gedacht hätte...
im letzten 10k hat man endlich wieder etwas EK aufgebaut und nicht mehr ganz so viele shares zurückgekauft;abgelaufenes KGV 5,5, KBV 1,2, EKR 29%,...
Antwort auf Beitrag Nr.: 52.936.336 von R-BgO am 28.07.16 12:02:48KGV jetzt 9,1x
Kurs stark erholt
Antwort auf Beitrag Nr.: 57.763.876 von R-BgO am 15.05.18 15:24:27
jetzt teuer
drastisch
weiter gestiegen; jetzt teuer
schon seltsam:
Kurs rauf, Gewinne runter...
Kurs rauf, Gewinne runter...
DurchsuchenBeitrag zu dieser Diskussion schreiben
Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie eine neue Diskussion.
Investoren beobachten auch:
| Wertpapier | Perf. % |
|---|---|
| +0,51 | |
| -1,33 | |
| -0,45 | |
| -1,63 | |
| +2,21 | |
| -1,09 | |
| +0,05 | |
| +1,28 | |
| -1,16 | |
| -1,76 |
Meistdiskutiert
| Wertpapier | Beiträge | |
|---|---|---|
| 204 | ||
| 190 | ||
| 146 | ||
| 69 | ||
| 32 | ||
| 29 | ||
| 29 | ||
| 26 | ||
| 26 | ||
| 25 |
