BOOTS & COOTS: SEHR GUTES 10Q - 500 Beiträge pro Seite
eröffnet am 16.05.03 11:57:34 von
neuester Beitrag 01.10.03 11:29:22 von
neuester Beitrag 01.10.03 11:29:22 von
Beiträge: 152
ID: 732.852
ID: 732.852
Aufrufe heute: 1
Gesamt: 10.254
Gesamt: 10.254
Aktive User: 0
Top-Diskussionen
Titel | letzter Beitrag | Aufrufe |
---|---|---|
vor 56 Minuten | 2509 | |
01.05.24, 18:36 | 1976 | |
vor 43 Minuten | 1729 | |
gestern 19:24 | 1294 | |
gestern 18:35 | 1085 | |
vor 1 Stunde | 1016 | |
vor 52 Minuten | 967 | |
vor 28 Minuten | 798 |
Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
---|---|---|---|---|---|---|---|
1. | 1. | 18.001,60 | +0,59 | 240 | |||
2. | 2. | 168,20 | +0,08 | 87 | |||
3. | 3. | 9,7000 | +12,27 | 75 | |||
4. | 14. | 6,1400 | -1,35 | 69 | |||
5. | 11. | 0,1865 | 0,00 | 52 | |||
6. | 7. | 0,8750 | -12,50 | 47 | |||
7. | 12. | 0,1561 | +2,97 | 38 | |||
8. | 6. | 2.302,50 | 0,00 | 36 |
Wie von mir versprochen kamen gestern die erwarteten News.
Sehr gutes 10Q, Schulden deutlich geringer und Cash Flow wächst signifikant, und die Einnahmen vom "Irak response" sind nicht einmal gelistet.
Und nicht vergessen: Prevention revenues +400%
Sehr gutes 10Q, Schulden deutlich geringer und Cash Flow wächst signifikant, und die Einnahmen vom "Irak response" sind nicht einmal gelistet.
Und nicht vergessen: Prevention revenues +400%
May 15, 2003
BOOTS & COOTS INTERNATIONAL WELL CONTROL INC (WEL)
Quarterly Report (SEC form 10-Q)
ITEM 2. MANAGEMENT`S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 provides save harbor provisions for forward-looking information. Forward-looking information is based on projections, assumptions and estimates, not historical information. Some statements in this Form 10 - Q are forward-looking and use words like "may," "may not," "believes," "do not believe," "expects," "do not expect," "do not anticipate," and other similar expressions. We may also provide oral or written forward-looking information on other materials we release to the public. Forward-looking information involves risks and uncertainties and reflects our best judgment based on current information. Our results of operations can be affected by inaccurate assumptions we make or by known or unknown risks and uncertainties. In addition, other factors may affect the accuracy of our forward-looking information. As a result, no forward-looking information can be guaranteed. Actual events and results of operations may vary materially.
While it is not possible to identify all factors, we face many risks and uncertainties that could cause actual results to differ from our forward-looking statements including those contained in this 10-Q, our press releases and our Forms 10-Q, 8-K and 10-K filed with to the United States Securities and Exchange Commission. We do not assume any responsibility to publicly update any of our forward-looking statements regardless of whether factors change as a result of new information, future events or for any other reason.
OVERVIEW
On January 1, 2001, the Company redefined the segments in which it operates as a result of the discontinued operations of ITS and Baylor business operations and further redefined the segments during 2002, as a result of the decision to discontinue its Abasco and Special Services business operations. The current segments are Prevention and Response. Intercompany transfers between segments were not material. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies. For purposes of this presentation, general and corporate expenses have been allocated between segments on a pro rata basis based on revenue. ITS, Baylor, Abasco and Special Services are presented as discontinued operations in the condensed consolidated financial statements and are therefore excluded from the segment information for all periods presented.
The Prevention segment consists of "non-event" services that are designed to reduce the number and severity of critical well events to oil and gas operators. The scope of these services include training, contingency planning, well plan reviews, services associated with the Company`s Safeguard programs and services in conjunction with the WELLSURE(R) risk management program. All of these services are designed to significantly reduce the risk of a well blowout or other critical response event.
The Response segment consists of personnel and equipment services provided during an emergency response such as a critical well event or a hazardous material response. These services are designed to minimize response time and damage while maximizing safety. Response revenues typically provide high gross profit margins.
AMERICAN STOCK EXCHANGE LISTING
The American Stock Exchange ("AMEX") by letter dated March 15, 2002, required the Company to submit a reasonable plan to regain compliance with AMEX`s continued listing standards by December 31, 2002. On April 15, 2002, the Company submitted a plan that included interim milestones that the Company would be required to meet to remain listed. AMEX subsequently notified the Company that its plan had been accepted; however, on June 28, 2002, the Company submitted an amendment to the plan to take into account, among other things, certain restructuring initiatives that the Company had undertaken. The Company has not been advised by AMEX whether or not it approved the June 28, 2002, amended plan. Since submitting the amended plan, the Company has been actively pursuing alternatives that would allow it to fulfill the objectives outline in the amended plan. However, the Company does not, at this time, have any prospects or commitments for new financing or the restructuring of its existing obligations that, if successfully completed, would result in compliance with AMEX`s continued listing standards.
AMEX may institute immediate delisting proceedings as a consequence of the Company`s failure to achieve compliance its continued listing standards. AMEX recently requested that the Company submit a letter requesting that the AMEX grant the company an additional two quarters to attain compliance as a consequence of recent business improvements. The Company is preparing such a request.
AMEX continued listing standards require that listed companies maintain stockholders` equity of $2,000,000 or more if the Company has sustained operating losses from continuing operations or net losses in two of its three most recent fiscal years or stockholders equity of $4,000,000 or more if it has sustained operating losses from continuing operations or net losses in three of its four most recent fiscal years. Further, the AMEX will normally consider delisting companies that have sustained losses from continuing operations or net losses in their five most recent fiscal years or that have sustained losses that are so substantial in relation to their operations or financial resources, or whose financial condition has become so impaired, that it appears questionable, in the opinion of AMEX, as to whether the company will be able to continue operations or meet its obligations as they mature.
CRITICAL ACCOUNTING POLICIES
In response to the SEC`s Release No. 33-8040, "Cautionary Advice Regarding Disclosure about Critical Accounting Policies," the Company has identified the accounting principles which it believes are most critical to the reported financial status by considering accounting policies that involve the most complex or subjective decisions or assessment. The Company identified its most critical accounting policies to be those related to revenue recognition, allowance for doubtful accounts and income taxes.
Revenue Recognition - Revenue is recognized on the Company`s service contracts primarily on the basis of contractual day rates as the work is completed. On a small number of turnkey contracts, revenue may be recognized on the percentage-of-completion method based upon costs incurred to date and estimated total contract costs. Revenue and cost from equipment sales is recognized upon customer acceptance and contract completion.
Contract costs include all direct material and labor costs and those indirect costs related to contract performance, such as indirect labor, supplies, tools, repairs and depreciation costs. General and administrative costs are charged to expense as incurred. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined.
The Company recognizes revenues under the WELLSURE(R) program as follows: (a) initial deposits for pre-event type services are recognized ratably over the life of the contract period, typically twelve months (b) revenues and billings for pre-event type services provided are recognized when the insurance carrier has billed the operator and the revenues become determinable and (c) revenues and billings for contracting and event services are recognized based upon predetermined day rates of the Company and sub-contracted work as incurred.
Allowance for Doubtful Accounts - The Company performs ongoing evaluations of its customers and generally does not require collateral. The Company assesses its credit risk and provides an allowance for doubtful accounts for any accounts which it deems doubtful of collection.
Income Taxes - The Company accounts for income taxes pursuant to the SFAS No. 109 "Accounting For Income Taxes," which requires recognition of deferred income tax liabilities and assets for the expected future tax consequences of events that have been recognized in the Company`s financial statements or tax returns. Deferred income tax liabilities and assets are determined based on the temporary differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities and available tax carry forwards.
RESULTS OF OPERATIONS
The following discussion and analysis should be read in conjunction with the unaudited condensed consolidated financial statements and notes thereto and the other financial information included in this report and contained in the Company`s periodic reports previously filed with the SEC.
Information concerning operations in different business segments for the three months ended March 31, 2002 and 2003 is presented below. Certain reclassifications have been made to the prior periods to conform to the current presentation.
THREE MONTHS ENDED
MARCH 31,
------------------------
2002 2003
----------- -----------
REVENUES
Prevention . . . . . . . . . . . . $1,729,000 $ 8,659,000
Response . . . . . . . . . . . . . 2,281,000 2,272,000
----------- -----------
$4,010,000 $10,931,000
----------- -----------
COST OF SALES
Prevention . . . . . . . . . . . . $ 416,000 $ 3,308,000
Response . . . . . . . . . . . . . 953,000 655,000
----------- -----------
$1,369,000 $ 3,963,000
----------- -----------
OPERATING EXPENSES(1)
Prevention . . . . . . . . . . . . $ 806,000 $ 1,516,000
Response . . . . . . . . . . . . . 820,000 343,000
----------- -----------
$1,626,000 $ 1,859,000
----------- -----------
SELLING, GENERAL AND ADMINISTRATIVE
EXPENSES (2)
Prevention . . . . . . . . . . . . $ 293,000 $ 663,000
Response . . . . . . . . . . . . . 386,000 174,000
----------- -----------
$ 679,000 $ 837,000
----------- -----------
DEPRECIATION AND AMORTIZATION (3)
Prevention . . . . . . . . . . . . $ 109,000 $ 194,000
Response . . . . . . . . . . . . . 177,000 51,000
----------- -----------
$ 286,000 $ 245,000
----------- -----------
OPERATING INCOME (LOSS)
Prevention . . . . . . . . . . . . $ 105,000 $ 2,978,000
Response . . . . . . . . . . . . . (55,000) 1,049,000
----------- -----------
$ 50,000 $ 4,027,000
----------- -----------
(1) Operating expenses have been allocated pro rata among segments based upon relative revenues. (2) Corporate selling, general and administrative expenses have been allocated pro rata among segments based upon relative revenues. (3) Corporate depreciation and amortization expenses have been allocated pro rata among segments based upon relative revenues.
COMPARISON OF THE THREE MONTHS ENDED MARCH 31, 2003 WITH THE THREE MONTHS ENDED
MARCH 31, 2002
Revenues
Prevention revenues were $8,659,000 for the three months ended March 31, 2003, compared to $1,729,000 for the three months ended March 31, 2002, representing an increase of $6,930,000 (400.8%) in the current year. Increases during the first quarter of 2003 were the result of proceeds from certain equipment sales.
Response revenues were $2,272,000 for the three months ended March 31, 2003, compared to $2,281,000 for the three months ended March 31, 2002, a decrease of $9,000 (0.4%). During the first quarter of 2003 the company acted as lead contractor in Iraq and billed for firefighters and engineers to be in Kuwait or Iraq as needed. The first quarter of 2002 included a large well control event also.
Cost of Sales
Prevention cost of sales were $3,308,000 for the three months ended March 31, 2003, compared to $416,000 for the three months ended March 31, 2002, an increase of $2,892,000 (695.1%) in the current quarter. The increase was a result of additional labor and travel costs and costs of equipment sales related to the previously mentioned increase in revenue.
Response cost of sales were $655,000 for the three months ended March 31, 2003, compared to $953,000 for the three months ended March 31, 2002, a decrease of $298,000 (31.3%) in the current year. The decrease in cost of sales is due to the use of the Company`s own workforce for the work in Kuwait and Iraq in 2003. The 2002 period include a less profitable large well control event that required higher than usual third party costs.
Operating Expenses
Consolidated operating expenses were $1,859,000 for the three months ended March 31, 2003, compared to $1,626,000 for the three months ended March 31, 2002, an increase of $233,000 (14.3%) in the current quarter. The increase was a result of additional labor, insurance and travel costs related to the previously mentioned increase in revenue. As previously footnoted on the segmented financial table, corporate selling, general and administrative expenses have been allocated pro rata among the segments on the basis of relative revenue.
Selling, General and Administrative Expenses
Consolidated selling, general and administrative expenses were $837,000 for the three months ended March 31, 2003, compared to $679,000 for the three months ended March 31, 2002, an increase of $158,000 (23%) from the prior year. These increases are due to the higher costs related to working in a war zone and to costs related to the Company`s restructuring initiatives. As previously footnoted on the segmented financial table, corporate selling, general and administrative expenses have been allocated pro rata among the segments on the basis of relative revenue.
Depreciation and Amortization
Consolidated depreciation and amortization expenses decreased primarily as a result of the reduction in the depreciable asset base between 2002 and 2003. As previously footnoted on the segmented financial table, depreciation and amortization expenses on related corporate assets have been allocated pro rata among the segments on the basis of relative revenue.
Interest Expense and Other, Including Finance Costs
The increase in interest and other expenses of $325,000 for the three months ended March 31, 2003, as compared to the prior year period is primarily a result of increasing the face value of the Prudential debt at December 31, 2002, per the loan agreement and was partially offset by the interest expense incurred in connection with the pledging of receivables in the prior year and financing fees related to the Prudential waiver discussed below as compared to nominal interest expense in the prior year period.
Income Tax Expense
Income taxes for the three months ended March 31, 2002 and 2003 are a result of taxable income in the Company`s foreign operations.
LIQUIDITY AND CAPITAL RESOURCES/INDUSTRY CONDITIONS
LIQUIDITY
At March 31, 2003, the Company had a working capital deficit of $13,500,000 and a total stockholders` deficit of $10,100,000. In addition, the Company is currently in default under its loan agreements with The Prudential Insurance Company of America and Specialty Finance Fund 1, LLC, and, as a consequence, these lenders and the participants in the Specialty Finance credit facility may accelerate the maturity of their obligations at any time. As of the date of this quarterly report on Form 10-Q, the Company has not received notice from any lender of acceleration nor any demand for repayment. All of these obligations have been classified as current liabilities at March 31, 2003 in the accompanying condensed consolidated balance sheet. See Note F for further discussion of the Company`s debt. The Company also had significant past due vendor payables at March 31, 2003.
During the quarter ended March 31, 2003, the Company`s short term liquidity improved as a consequence of certain asset sales, which resulted in net proceeds (after replacement costs) to the Company of approximately $2 million. A portion of these proceeds were used to pay $700,000 plus interest owing under the Company`s credit facility with Checkpoint Business, Inc. (See Note F for further discussion). The Company also applied a portion of the proceeds to pay $400,000 to settle the Calicutt lawsuit (See Note G for further discussion) and to reduce payables owing to certain of the Company`s significant vendors.
The Company generates its revenues from prevention services and emergency response activities. Response activities are generally associated with a specific emergency or "event" whereas prevention activities are generally "non-event" related services. Event related services typically produce higher
operating margins for the Company, but the frequency of occurrence varies widely and is inherently unpredictable. Non-event services typically have lower operating margins, but the volume and availability of work is more predictable. Historically the Company has relied on event driven revenues as the primary focus of its operating activity, but more recently the Company`s strategy has been to achieve greater balance between event and non-event service activities. While the Company has successfully improved this balance, event related services are still the major source of revenues and operating income for the Company.
The majority of the Company`s event related revenues are derived from well control events (i.e., blowouts) in the oil and gas industry. Demand for the Company`s well control services is impacted by the number and size of drilling and work over projects, which fluctuate as changes in oil and gas prices affect exploration and production activities, forecasts and budgets. The Company`s reliance on event driven revenues in general, and well control events in particular, impairs the Company`s ability to generate predictable operating cash flows.
During the first quarter of 2003, there was a significant increase in demand for the Company`s services and equipment, particularly internationally and specifically in the Middle East in connection with the war in Iraq. Such increase in activity resulted in the Company generating income from operations of $4,027,000 for the first quarter of 2003. While these developments have positively impacted the Company`s near-term liquidity, there can be no assurance that the cash flows generated from such activities will be sufficient to meet the Company`s near-term liquidity needs. In addition, while the Company has recently been able to pay its critical vendors for current services and materials, there remain significant overdue payables which the Company has been unable to satisfy.
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. However, the uncertainties surrounding the sufficiency and timing of its future cash flows, the current defaults of certain debt agreements with its lenders, and the lack of firm commitments for additional capital raises substantial doubt about the ability of the Company to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset carrying amounts or the amount and classification of liabilities that might result should the Company be unable to continue as a going concern.
Credit Facilities/Capital Resources
As of December 31, 2002, the Company was not in compliance with the ratio tests for the trailing twelve-month period under its loan agreement with the Prudential Insurance Company of America and the Company did not receive a waiver from Prudential for this period. Under the Prudential loan agreement, failure to comply with the ratio tests is an event of default and the note holder may, at its option, by notice in writing to the Company, declare all of the Notes to be immediately due and payable together with interest accrued thereon. Accordingly, the Company has classified this obligation as a current liability on its balance sheet. As of May 14, 2003, the Company has not received a written notice of default from Prudential and the Company is discussing with Prudential to secure a Forbearance agreement.
On June 18, 2001, the Company entered into an agreement with KBK Financial, Inc. ("KBK") pursuant to which the Company pledged certain of its accounts receivable to KBK for a cash advance against the pledged receivables. The agreement allows the Company to, from time to time, pledge additional accounts receivable to KBK in an aggregate amount not to exceed $5,000,000. The Company paid certain fees to KBK for the facility and will pay additional fees of one percent per annum on the unused portion of the facility and a termination fee of up to two percent of the maximum amount of the facility. The facility provides the Company an initial advance of eighty-five percent of the gross amount of each receivable pledged to KBK. Upon collection of the receivable, the Company receives an additional residual payment net of fixed and variable financing charges. The Company`s obligations for representations and warranties regarding the accounts receivable pledged to KBK are secured by a first lien on certain other accounts receivable of the Company. The facility also provides for financial reporting and other covenants similar to those in favor of the senior lender of the Company. The Company had $109,000 and $0 of its accounts receivable pledged to KBK that remained uncollected as of December 31, 2002 and March 31, 2003, respectively and, accordingly, these amounts have been classified as restricted asset, on the balance sheet as of both dates. Included in the December 31, 2002 and March 31, 2003 balance sheets is $38,000 and $0, respectively of restricted assets related to discontinued operations. In addition, as of December 31, 2002 and March 31, 2003 the Company`s cash balances include $9,000 and $0, respectively representing accounts receivable that had been collected by KBK and were in-transit to the Company but which were potentially subject to being held as collateral by KBK pending collection of uncollected pledged accounts receivable.
On April 9, 2002, the Company entered into a loan participation agreement under which it borrowed an additional $750,000 under its existing Senior Secured Loan Facility with Specialty Finance Fund I, LLC. The effective interest rate
of the participation is 11% after taking into account rate adjustment fees. The Company also paid 3% of the borrowed amount in origination fees, paid closing expenses and issued 100,000 shares of common stock to the participation lender at closing. The participation had an initial maturity of 90 days, which was extended for an additional 90 days at the Company`s option. The Company issued an additional 100,000 shares of common stock to the participation lender to extend the maturity date. On October 9, 2002, the loan extension period matured. As of May 14, 2003, none of the loan participation has been repaid nor has the Company received formal demand for payment from the loan participant. However, in the loan documentation the Company has waived the notices which might otherwise be required by law and, as a consequence, the loan participants have the current ability to post the collateral securing their notes for foreclosure.
On May 2, 2002, the Company borrowed $250,000 under the Senior Secured Loan Facility upon similar terms, except that the Company issued 33,334 shares of common stock to the participating lenders at closing and issued an additional 33,334 shares of common stock to extend the maturity of those notes for an additional 90 days. On October 25, 2002, the loan extension period matured. As of May 14, 2003, none of the loan participations have been repaid nor has the Company received formal demand for payment from the loan participants. However, in the loan documentation the Company has waived the notices which might otherwise be required by law and, as a consequence, the loan participants have the current ability to post the collateral securing their notes for foreclosure.
On July 5, 2002, the Company entered into a loan participation agreement under which it borrowed an additional $100,000 under its existing Senior Secured Loan Facility. The effective interest rate of the participation is 25% after taking into account rate adjustment fees. The Company also paid 3% of the borrowed amount in origination fees, paid closing expenses and issued 130,000 shares of common stock to the participation lender at closing. The participation had a maturity of 90 days. On September 28, 2002, the loan matured. As of May 14, 2003, none of the loan participation has been repaid nor has the Company received formal demand for payment from the loan participant. However, in the loan documentation the Company has waived the notices which might otherwise be required by law and, as a consequence, the loan participants have the current ability to post the collateral securing their notes for foreclosure.
On July 8, 2002, the Company entered into a loan participation agreement under which it borrowed an additional $200,000 under its existing Senior Secured Loan Facility. The effective interest rate of the participation is 16% after taking into account rate adjustment fees. The Company also paid 4% of the borrowed amount in origination fees, paid closing expenses and issued 150,000 shares of common stock to the participation lender at closing. The participation had a maturity of 90 days. On October 1, 2002, the loan matured. As of May 14, 2003, none of the loan participation has been repaid nor has the Company received formal demand for payment from the loan participant. However, in the loan documentation the Company has waived the notices which might otherwise be required by law and, as a consequence, the loan participants have the current ability to post the collateral securing their notes for foreclosure.
On December 4, 2002, the Company entered into a loan agreement with Checkpoint Business, Inc. ("Checkpoint") providing for short term working capital up to $1,000,000. The effective interest rate of under the loan agreement was 15% per annum. Checkpoint collateral included substantially all of the assets of the Company, including the stock of the Company`s Venezuelan subsidiary. As of December 31, 2002 and March 28, 2003, the Company had borrowed $500,000 and an additional $200,000, respectively, under this facility.
On March 28, 2003, the Company paid in full the principal balance of $700,000 and interest outstanding under its loan agreement with Checkpoint. On May 7, 2003, the Company settled Checkpoint`s option to purchase its Venezuelan subsidiary and terminated Checkpoint`s exclusivity rights. This settlement consisted of $300,000 of cash and $100,000 in notes maturing in six months.
FUTURE COMMITMENTS TO BE PAID IN THE YEAR ENDING DECEMBER 31,
-------------------------------------------------------------------------------------
DESCRIPTION 2003 2004 2005 2006 THEREAFTER
----------------------------- ----------- -------- -------- -------- -----------
Long term debt and notes payable including short term
debt (1) . . . . . . . . . . . $10,221,000 - - - -
----------------------------- ----------- -------- -------- -------- -----------
Future minimum lease
payments. . . . . . . . . . . $ 581,000 $640,000 $421,000 $208,000 $ 208,000
----------------------------- ----------- -------- -------- -------- -----------
Total commitments . . . . . . $10,802,000 $640,000 $421,000 $208,000 $ 208,000 - - -
(1) Accrued interest totaling $4,485,000 is included in the Company`s 12% Senior Subordinated Note at March 31, 2003, due to the accounting for a troubled debt restructuring during 2000, but has been excluded from the above presentation. Accrued interest calculated through December 31, 2002, will be deferred for payment until December 30, 2005. Payments on accrued interest after December 31, 2002, began on March 31, 2003, and will continue quarterly until December 30, 2005.
BOOTS & COOTS INTERNATIONAL WELL CONTROL INC (WEL)
Quarterly Report (SEC form 10-Q)
ITEM 2. MANAGEMENT`S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 provides save harbor provisions for forward-looking information. Forward-looking information is based on projections, assumptions and estimates, not historical information. Some statements in this Form 10 - Q are forward-looking and use words like "may," "may not," "believes," "do not believe," "expects," "do not expect," "do not anticipate," and other similar expressions. We may also provide oral or written forward-looking information on other materials we release to the public. Forward-looking information involves risks and uncertainties and reflects our best judgment based on current information. Our results of operations can be affected by inaccurate assumptions we make or by known or unknown risks and uncertainties. In addition, other factors may affect the accuracy of our forward-looking information. As a result, no forward-looking information can be guaranteed. Actual events and results of operations may vary materially.
While it is not possible to identify all factors, we face many risks and uncertainties that could cause actual results to differ from our forward-looking statements including those contained in this 10-Q, our press releases and our Forms 10-Q, 8-K and 10-K filed with to the United States Securities and Exchange Commission. We do not assume any responsibility to publicly update any of our forward-looking statements regardless of whether factors change as a result of new information, future events or for any other reason.
OVERVIEW
On January 1, 2001, the Company redefined the segments in which it operates as a result of the discontinued operations of ITS and Baylor business operations and further redefined the segments during 2002, as a result of the decision to discontinue its Abasco and Special Services business operations. The current segments are Prevention and Response. Intercompany transfers between segments were not material. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies. For purposes of this presentation, general and corporate expenses have been allocated between segments on a pro rata basis based on revenue. ITS, Baylor, Abasco and Special Services are presented as discontinued operations in the condensed consolidated financial statements and are therefore excluded from the segment information for all periods presented.
The Prevention segment consists of "non-event" services that are designed to reduce the number and severity of critical well events to oil and gas operators. The scope of these services include training, contingency planning, well plan reviews, services associated with the Company`s Safeguard programs and services in conjunction with the WELLSURE(R) risk management program. All of these services are designed to significantly reduce the risk of a well blowout or other critical response event.
The Response segment consists of personnel and equipment services provided during an emergency response such as a critical well event or a hazardous material response. These services are designed to minimize response time and damage while maximizing safety. Response revenues typically provide high gross profit margins.
AMERICAN STOCK EXCHANGE LISTING
The American Stock Exchange ("AMEX") by letter dated March 15, 2002, required the Company to submit a reasonable plan to regain compliance with AMEX`s continued listing standards by December 31, 2002. On April 15, 2002, the Company submitted a plan that included interim milestones that the Company would be required to meet to remain listed. AMEX subsequently notified the Company that its plan had been accepted; however, on June 28, 2002, the Company submitted an amendment to the plan to take into account, among other things, certain restructuring initiatives that the Company had undertaken. The Company has not been advised by AMEX whether or not it approved the June 28, 2002, amended plan. Since submitting the amended plan, the Company has been actively pursuing alternatives that would allow it to fulfill the objectives outline in the amended plan. However, the Company does not, at this time, have any prospects or commitments for new financing or the restructuring of its existing obligations that, if successfully completed, would result in compliance with AMEX`s continued listing standards.
AMEX may institute immediate delisting proceedings as a consequence of the Company`s failure to achieve compliance its continued listing standards. AMEX recently requested that the Company submit a letter requesting that the AMEX grant the company an additional two quarters to attain compliance as a consequence of recent business improvements. The Company is preparing such a request.
AMEX continued listing standards require that listed companies maintain stockholders` equity of $2,000,000 or more if the Company has sustained operating losses from continuing operations or net losses in two of its three most recent fiscal years or stockholders equity of $4,000,000 or more if it has sustained operating losses from continuing operations or net losses in three of its four most recent fiscal years. Further, the AMEX will normally consider delisting companies that have sustained losses from continuing operations or net losses in their five most recent fiscal years or that have sustained losses that are so substantial in relation to their operations or financial resources, or whose financial condition has become so impaired, that it appears questionable, in the opinion of AMEX, as to whether the company will be able to continue operations or meet its obligations as they mature.
CRITICAL ACCOUNTING POLICIES
In response to the SEC`s Release No. 33-8040, "Cautionary Advice Regarding Disclosure about Critical Accounting Policies," the Company has identified the accounting principles which it believes are most critical to the reported financial status by considering accounting policies that involve the most complex or subjective decisions or assessment. The Company identified its most critical accounting policies to be those related to revenue recognition, allowance for doubtful accounts and income taxes.
Revenue Recognition - Revenue is recognized on the Company`s service contracts primarily on the basis of contractual day rates as the work is completed. On a small number of turnkey contracts, revenue may be recognized on the percentage-of-completion method based upon costs incurred to date and estimated total contract costs. Revenue and cost from equipment sales is recognized upon customer acceptance and contract completion.
Contract costs include all direct material and labor costs and those indirect costs related to contract performance, such as indirect labor, supplies, tools, repairs and depreciation costs. General and administrative costs are charged to expense as incurred. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined.
The Company recognizes revenues under the WELLSURE(R) program as follows: (a) initial deposits for pre-event type services are recognized ratably over the life of the contract period, typically twelve months (b) revenues and billings for pre-event type services provided are recognized when the insurance carrier has billed the operator and the revenues become determinable and (c) revenues and billings for contracting and event services are recognized based upon predetermined day rates of the Company and sub-contracted work as incurred.
Allowance for Doubtful Accounts - The Company performs ongoing evaluations of its customers and generally does not require collateral. The Company assesses its credit risk and provides an allowance for doubtful accounts for any accounts which it deems doubtful of collection.
Income Taxes - The Company accounts for income taxes pursuant to the SFAS No. 109 "Accounting For Income Taxes," which requires recognition of deferred income tax liabilities and assets for the expected future tax consequences of events that have been recognized in the Company`s financial statements or tax returns. Deferred income tax liabilities and assets are determined based on the temporary differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities and available tax carry forwards.
RESULTS OF OPERATIONS
The following discussion and analysis should be read in conjunction with the unaudited condensed consolidated financial statements and notes thereto and the other financial information included in this report and contained in the Company`s periodic reports previously filed with the SEC.
Information concerning operations in different business segments for the three months ended March 31, 2002 and 2003 is presented below. Certain reclassifications have been made to the prior periods to conform to the current presentation.
THREE MONTHS ENDED
MARCH 31,
------------------------
2002 2003
----------- -----------
REVENUES
Prevention . . . . . . . . . . . . $1,729,000 $ 8,659,000
Response . . . . . . . . . . . . . 2,281,000 2,272,000
----------- -----------
$4,010,000 $10,931,000
----------- -----------
COST OF SALES
Prevention . . . . . . . . . . . . $ 416,000 $ 3,308,000
Response . . . . . . . . . . . . . 953,000 655,000
----------- -----------
$1,369,000 $ 3,963,000
----------- -----------
OPERATING EXPENSES(1)
Prevention . . . . . . . . . . . . $ 806,000 $ 1,516,000
Response . . . . . . . . . . . . . 820,000 343,000
----------- -----------
$1,626,000 $ 1,859,000
----------- -----------
SELLING, GENERAL AND ADMINISTRATIVE
EXPENSES (2)
Prevention . . . . . . . . . . . . $ 293,000 $ 663,000
Response . . . . . . . . . . . . . 386,000 174,000
----------- -----------
$ 679,000 $ 837,000
----------- -----------
DEPRECIATION AND AMORTIZATION (3)
Prevention . . . . . . . . . . . . $ 109,000 $ 194,000
Response . . . . . . . . . . . . . 177,000 51,000
----------- -----------
$ 286,000 $ 245,000
----------- -----------
OPERATING INCOME (LOSS)
Prevention . . . . . . . . . . . . $ 105,000 $ 2,978,000
Response . . . . . . . . . . . . . (55,000) 1,049,000
----------- -----------
$ 50,000 $ 4,027,000
----------- -----------
(1) Operating expenses have been allocated pro rata among segments based upon relative revenues. (2) Corporate selling, general and administrative expenses have been allocated pro rata among segments based upon relative revenues. (3) Corporate depreciation and amortization expenses have been allocated pro rata among segments based upon relative revenues.
COMPARISON OF THE THREE MONTHS ENDED MARCH 31, 2003 WITH THE THREE MONTHS ENDED
MARCH 31, 2002
Revenues
Prevention revenues were $8,659,000 for the three months ended March 31, 2003, compared to $1,729,000 for the three months ended March 31, 2002, representing an increase of $6,930,000 (400.8%) in the current year. Increases during the first quarter of 2003 were the result of proceeds from certain equipment sales.
Response revenues were $2,272,000 for the three months ended March 31, 2003, compared to $2,281,000 for the three months ended March 31, 2002, a decrease of $9,000 (0.4%). During the first quarter of 2003 the company acted as lead contractor in Iraq and billed for firefighters and engineers to be in Kuwait or Iraq as needed. The first quarter of 2002 included a large well control event also.
Cost of Sales
Prevention cost of sales were $3,308,000 for the three months ended March 31, 2003, compared to $416,000 for the three months ended March 31, 2002, an increase of $2,892,000 (695.1%) in the current quarter. The increase was a result of additional labor and travel costs and costs of equipment sales related to the previously mentioned increase in revenue.
Response cost of sales were $655,000 for the three months ended March 31, 2003, compared to $953,000 for the three months ended March 31, 2002, a decrease of $298,000 (31.3%) in the current year. The decrease in cost of sales is due to the use of the Company`s own workforce for the work in Kuwait and Iraq in 2003. The 2002 period include a less profitable large well control event that required higher than usual third party costs.
Operating Expenses
Consolidated operating expenses were $1,859,000 for the three months ended March 31, 2003, compared to $1,626,000 for the three months ended March 31, 2002, an increase of $233,000 (14.3%) in the current quarter. The increase was a result of additional labor, insurance and travel costs related to the previously mentioned increase in revenue. As previously footnoted on the segmented financial table, corporate selling, general and administrative expenses have been allocated pro rata among the segments on the basis of relative revenue.
Selling, General and Administrative Expenses
Consolidated selling, general and administrative expenses were $837,000 for the three months ended March 31, 2003, compared to $679,000 for the three months ended March 31, 2002, an increase of $158,000 (23%) from the prior year. These increases are due to the higher costs related to working in a war zone and to costs related to the Company`s restructuring initiatives. As previously footnoted on the segmented financial table, corporate selling, general and administrative expenses have been allocated pro rata among the segments on the basis of relative revenue.
Depreciation and Amortization
Consolidated depreciation and amortization expenses decreased primarily as a result of the reduction in the depreciable asset base between 2002 and 2003. As previously footnoted on the segmented financial table, depreciation and amortization expenses on related corporate assets have been allocated pro rata among the segments on the basis of relative revenue.
Interest Expense and Other, Including Finance Costs
The increase in interest and other expenses of $325,000 for the three months ended March 31, 2003, as compared to the prior year period is primarily a result of increasing the face value of the Prudential debt at December 31, 2002, per the loan agreement and was partially offset by the interest expense incurred in connection with the pledging of receivables in the prior year and financing fees related to the Prudential waiver discussed below as compared to nominal interest expense in the prior year period.
Income Tax Expense
Income taxes for the three months ended March 31, 2002 and 2003 are a result of taxable income in the Company`s foreign operations.
LIQUIDITY AND CAPITAL RESOURCES/INDUSTRY CONDITIONS
LIQUIDITY
At March 31, 2003, the Company had a working capital deficit of $13,500,000 and a total stockholders` deficit of $10,100,000. In addition, the Company is currently in default under its loan agreements with The Prudential Insurance Company of America and Specialty Finance Fund 1, LLC, and, as a consequence, these lenders and the participants in the Specialty Finance credit facility may accelerate the maturity of their obligations at any time. As of the date of this quarterly report on Form 10-Q, the Company has not received notice from any lender of acceleration nor any demand for repayment. All of these obligations have been classified as current liabilities at March 31, 2003 in the accompanying condensed consolidated balance sheet. See Note F for further discussion of the Company`s debt. The Company also had significant past due vendor payables at March 31, 2003.
During the quarter ended March 31, 2003, the Company`s short term liquidity improved as a consequence of certain asset sales, which resulted in net proceeds (after replacement costs) to the Company of approximately $2 million. A portion of these proceeds were used to pay $700,000 plus interest owing under the Company`s credit facility with Checkpoint Business, Inc. (See Note F for further discussion). The Company also applied a portion of the proceeds to pay $400,000 to settle the Calicutt lawsuit (See Note G for further discussion) and to reduce payables owing to certain of the Company`s significant vendors.
The Company generates its revenues from prevention services and emergency response activities. Response activities are generally associated with a specific emergency or "event" whereas prevention activities are generally "non-event" related services. Event related services typically produce higher
operating margins for the Company, but the frequency of occurrence varies widely and is inherently unpredictable. Non-event services typically have lower operating margins, but the volume and availability of work is more predictable. Historically the Company has relied on event driven revenues as the primary focus of its operating activity, but more recently the Company`s strategy has been to achieve greater balance between event and non-event service activities. While the Company has successfully improved this balance, event related services are still the major source of revenues and operating income for the Company.
The majority of the Company`s event related revenues are derived from well control events (i.e., blowouts) in the oil and gas industry. Demand for the Company`s well control services is impacted by the number and size of drilling and work over projects, which fluctuate as changes in oil and gas prices affect exploration and production activities, forecasts and budgets. The Company`s reliance on event driven revenues in general, and well control events in particular, impairs the Company`s ability to generate predictable operating cash flows.
During the first quarter of 2003, there was a significant increase in demand for the Company`s services and equipment, particularly internationally and specifically in the Middle East in connection with the war in Iraq. Such increase in activity resulted in the Company generating income from operations of $4,027,000 for the first quarter of 2003. While these developments have positively impacted the Company`s near-term liquidity, there can be no assurance that the cash flows generated from such activities will be sufficient to meet the Company`s near-term liquidity needs. In addition, while the Company has recently been able to pay its critical vendors for current services and materials, there remain significant overdue payables which the Company has been unable to satisfy.
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. However, the uncertainties surrounding the sufficiency and timing of its future cash flows, the current defaults of certain debt agreements with its lenders, and the lack of firm commitments for additional capital raises substantial doubt about the ability of the Company to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset carrying amounts or the amount and classification of liabilities that might result should the Company be unable to continue as a going concern.
Credit Facilities/Capital Resources
As of December 31, 2002, the Company was not in compliance with the ratio tests for the trailing twelve-month period under its loan agreement with the Prudential Insurance Company of America and the Company did not receive a waiver from Prudential for this period. Under the Prudential loan agreement, failure to comply with the ratio tests is an event of default and the note holder may, at its option, by notice in writing to the Company, declare all of the Notes to be immediately due and payable together with interest accrued thereon. Accordingly, the Company has classified this obligation as a current liability on its balance sheet. As of May 14, 2003, the Company has not received a written notice of default from Prudential and the Company is discussing with Prudential to secure a Forbearance agreement.
On June 18, 2001, the Company entered into an agreement with KBK Financial, Inc. ("KBK") pursuant to which the Company pledged certain of its accounts receivable to KBK for a cash advance against the pledged receivables. The agreement allows the Company to, from time to time, pledge additional accounts receivable to KBK in an aggregate amount not to exceed $5,000,000. The Company paid certain fees to KBK for the facility and will pay additional fees of one percent per annum on the unused portion of the facility and a termination fee of up to two percent of the maximum amount of the facility. The facility provides the Company an initial advance of eighty-five percent of the gross amount of each receivable pledged to KBK. Upon collection of the receivable, the Company receives an additional residual payment net of fixed and variable financing charges. The Company`s obligations for representations and warranties regarding the accounts receivable pledged to KBK are secured by a first lien on certain other accounts receivable of the Company. The facility also provides for financial reporting and other covenants similar to those in favor of the senior lender of the Company. The Company had $109,000 and $0 of its accounts receivable pledged to KBK that remained uncollected as of December 31, 2002 and March 31, 2003, respectively and, accordingly, these amounts have been classified as restricted asset, on the balance sheet as of both dates. Included in the December 31, 2002 and March 31, 2003 balance sheets is $38,000 and $0, respectively of restricted assets related to discontinued operations. In addition, as of December 31, 2002 and March 31, 2003 the Company`s cash balances include $9,000 and $0, respectively representing accounts receivable that had been collected by KBK and were in-transit to the Company but which were potentially subject to being held as collateral by KBK pending collection of uncollected pledged accounts receivable.
On April 9, 2002, the Company entered into a loan participation agreement under which it borrowed an additional $750,000 under its existing Senior Secured Loan Facility with Specialty Finance Fund I, LLC. The effective interest rate
of the participation is 11% after taking into account rate adjustment fees. The Company also paid 3% of the borrowed amount in origination fees, paid closing expenses and issued 100,000 shares of common stock to the participation lender at closing. The participation had an initial maturity of 90 days, which was extended for an additional 90 days at the Company`s option. The Company issued an additional 100,000 shares of common stock to the participation lender to extend the maturity date. On October 9, 2002, the loan extension period matured. As of May 14, 2003, none of the loan participation has been repaid nor has the Company received formal demand for payment from the loan participant. However, in the loan documentation the Company has waived the notices which might otherwise be required by law and, as a consequence, the loan participants have the current ability to post the collateral securing their notes for foreclosure.
On May 2, 2002, the Company borrowed $250,000 under the Senior Secured Loan Facility upon similar terms, except that the Company issued 33,334 shares of common stock to the participating lenders at closing and issued an additional 33,334 shares of common stock to extend the maturity of those notes for an additional 90 days. On October 25, 2002, the loan extension period matured. As of May 14, 2003, none of the loan participations have been repaid nor has the Company received formal demand for payment from the loan participants. However, in the loan documentation the Company has waived the notices which might otherwise be required by law and, as a consequence, the loan participants have the current ability to post the collateral securing their notes for foreclosure.
On July 5, 2002, the Company entered into a loan participation agreement under which it borrowed an additional $100,000 under its existing Senior Secured Loan Facility. The effective interest rate of the participation is 25% after taking into account rate adjustment fees. The Company also paid 3% of the borrowed amount in origination fees, paid closing expenses and issued 130,000 shares of common stock to the participation lender at closing. The participation had a maturity of 90 days. On September 28, 2002, the loan matured. As of May 14, 2003, none of the loan participation has been repaid nor has the Company received formal demand for payment from the loan participant. However, in the loan documentation the Company has waived the notices which might otherwise be required by law and, as a consequence, the loan participants have the current ability to post the collateral securing their notes for foreclosure.
On July 8, 2002, the Company entered into a loan participation agreement under which it borrowed an additional $200,000 under its existing Senior Secured Loan Facility. The effective interest rate of the participation is 16% after taking into account rate adjustment fees. The Company also paid 4% of the borrowed amount in origination fees, paid closing expenses and issued 150,000 shares of common stock to the participation lender at closing. The participation had a maturity of 90 days. On October 1, 2002, the loan matured. As of May 14, 2003, none of the loan participation has been repaid nor has the Company received formal demand for payment from the loan participant. However, in the loan documentation the Company has waived the notices which might otherwise be required by law and, as a consequence, the loan participants have the current ability to post the collateral securing their notes for foreclosure.
On December 4, 2002, the Company entered into a loan agreement with Checkpoint Business, Inc. ("Checkpoint") providing for short term working capital up to $1,000,000. The effective interest rate of under the loan agreement was 15% per annum. Checkpoint collateral included substantially all of the assets of the Company, including the stock of the Company`s Venezuelan subsidiary. As of December 31, 2002 and March 28, 2003, the Company had borrowed $500,000 and an additional $200,000, respectively, under this facility.
On March 28, 2003, the Company paid in full the principal balance of $700,000 and interest outstanding under its loan agreement with Checkpoint. On May 7, 2003, the Company settled Checkpoint`s option to purchase its Venezuelan subsidiary and terminated Checkpoint`s exclusivity rights. This settlement consisted of $300,000 of cash and $100,000 in notes maturing in six months.
FUTURE COMMITMENTS TO BE PAID IN THE YEAR ENDING DECEMBER 31,
-------------------------------------------------------------------------------------
DESCRIPTION 2003 2004 2005 2006 THEREAFTER
----------------------------- ----------- -------- -------- -------- -----------
Long term debt and notes payable including short term
debt (1) . . . . . . . . . . . $10,221,000 - - - -
----------------------------- ----------- -------- -------- -------- -----------
Future minimum lease
payments. . . . . . . . . . . $ 581,000 $640,000 $421,000 $208,000 $ 208,000
----------------------------- ----------- -------- -------- -------- -----------
Total commitments . . . . . . $10,802,000 $640,000 $421,000 $208,000 $ 208,000 - - -
(1) Accrued interest totaling $4,485,000 is included in the Company`s 12% Senior Subordinated Note at March 31, 2003, due to the accounting for a troubled debt restructuring during 2000, but has been excluded from the above presentation. Accrued interest calculated through December 31, 2002, will be deferred for payment until December 30, 2005. Payments on accrued interest after December 31, 2002, began on March 31, 2003, and will continue quarterly until December 30, 2005.
Kurs 0,35 Euro. seit Dienstag - 30 %.echt geil
was sagst du da, es gibt nur Mini-Stückzahlen zu 0,42 Euro
@zocker
Bin auch schon länger investiert. Ernsthafte Frage: Wo kann ich das mit den Prevention Revenues +400% nachlesen?
Bin auch schon länger investiert. Ernsthafte Frage: Wo kann ich das mit den Prevention Revenues +400% nachlesen?
NEW YORK, May 1 (New Ratings)- Analysts at Prudential-Bache reiterate their "buy" rating on Boots (BOOTS.L).
According to Prudential-Bache, Richard Baker has been appointed as the CEO of the company and Nigel Rudd has been promoted from Deputy Chairman to Chairman. The analysts add that although they have currently maintained their "buy" rating on the company, the rating is under review.
all articles on Boots | previous | next
05/01/03 Boots "buy" Merrill Lynch
04/03/03 Boots "buy" Prudential-Bache
According to Prudential-Bache, Richard Baker has been appointed as the CEO of the company and Nigel Rudd has been promoted from Deputy Chairman to Chairman. The analysts add that although they have currently maintained their "buy" rating on the company, the rating is under review.
all articles on Boots | previous | next
05/01/03 Boots "buy" Merrill Lynch
04/03/03 Boots "buy" Prudential-Bache
Boots & Coots International Well Control Inc. - Houston
1st Quar March 31:
2003 2002
Revenue $10,931,000$4,010,000
Inc cont op 3,298,000 (65,000)
Inc dis op 15,000 (1,765,000)
Net income 3,313,000 (1,830,000)
Avg shrs (diluted) 72,245,000 41,442,000
Shr earns
Inc cont op .04 (.02)
Inc dis op .... (.04)
Net income .04 (.06)
KGV 10...
Lächerlich ...und wenn das Übernahmegerücht nochmals aufkommt +
UND DAS IST WAS MICH INTERESSIERT...
DIE SHORTY´s sich eindecken....
dann ist das Potential...gigantisch...
Warte auf Vorbörse...
ORDER am besten in BERLIN...limit. 0,40....
1st Quar March 31:
2003 2002
Revenue $10,931,000$4,010,000
Inc cont op 3,298,000 (65,000)
Inc dis op 15,000 (1,765,000)
Net income 3,313,000 (1,830,000)
Avg shrs (diluted) 72,245,000 41,442,000
Shr earns
Inc cont op .04 (.02)
Inc dis op .... (.04)
Net income .04 (.06)
KGV 10...
Lächerlich ...und wenn das Übernahmegerücht nochmals aufkommt +
UND DAS IST WAS MICH INTERESSIERT...
DIE SHORTY´s sich eindecken....
dann ist das Potential...gigantisch...
Warte auf Vorbörse...
ORDER am besten in BERLIN...limit. 0,40....
die übernahmegerüchte sind meiner meinung nach von pru selbst gestreut worden. die kaufempfehlung diente nur dazu, die eigenen shares (pru) zu verkaufen. traurig aber wahrscheinlich.
Boots & Coots International Well Control Inc. (WEL) said response segment revenue was significantly higher than a year earlier due to service activity and associated equipment sales in Iraq. Prevention segment revenue fell slightly in the quarter as resources in Venezuela were shifted toward higher response activity in the region.
The company, which provides emergency response services to oil and gas well blowouts and well fires, said the response-related activity in Iraq and Venezuela led to the company`s best-ever quarter.
Boots & Coots reported that earnings before interest, taxes, depreciation and amortization, or Ebitda, totaled $4.3 million, reversing a year-earlier loss of $300,000.
The company said that although it will continue to perform work in Iraq during the second quarter, its focus remains on the continued growth of its prevention segment.
Company Web site: http://www.boots-coots-iwc.com
-Tim Paradis; Dow Jones Newswires; 201-938-5400
DAS ENTWICKELT SICH HERVORRAGEND!!!!!
The company, which provides emergency response services to oil and gas well blowouts and well fires, said the response-related activity in Iraq and Venezuela led to the company`s best-ever quarter.
Boots & Coots reported that earnings before interest, taxes, depreciation and amortization, or Ebitda, totaled $4.3 million, reversing a year-earlier loss of $300,000.
The company said that although it will continue to perform work in Iraq during the second quarter, its focus remains on the continued growth of its prevention segment.
Company Web site: http://www.boots-coots-iwc.com
-Tim Paradis; Dow Jones Newswires; 201-938-5400
DAS ENTWICKELT SICH HERVORRAGEND!!!!!
manches gerede sollte man doch glatt verbieten...die hunderte % avisierten Prozent der zockerei drückten kurs eher minusmäßig nach unten..hm..vielleicht bin ich ja auch nur der prozentrechnung nicht mächtig und zocker meine nicht 400 % sondern kurs 0,04...
Meine Meinung für die nächsten Tage:
NO BANRUPTCY + NET PROFIT = 2.50
NO BANRUPTCY + NET PROFIT = 2.50
z.zt. siehts anders aus...
kann mir auch nicht vorstellen wieso das besser werden soll..
das bid saust nach unten und bringst hier fantastische kursziele...
kann mir auch nicht vorstellen wieso das besser werden soll..
das bid saust nach unten und bringst hier fantastische kursziele...
"das bid saust nach unten und bringst hier fantastische kursziele..."
So ist das halt mit den Träumern. Die Aktie fällt, die Kursziele steigen
So ist das halt mit den Träumern. Die Aktie fällt, die Kursziele steigen
heute ist alles möglich, fact ist das wir sehr sehr bald bei 2,00USD stehen
Hallo @all
schaut mal bei Wapme 549550 rein da könnte noch was laufen
gute zahlen und Charttechnischer Ausbruch
da hat sich gestern jemand unlimitiert bis 1,79 Eingekauft
hat sicher einen Grund
man munkelt auch von übernahme und Aktienrückkauf ist
auch geplant.
mfg jojo
schaut mal bei Wapme 549550 rein da könnte noch was laufen
gute zahlen und Charttechnischer Ausbruch
da hat sich gestern jemand unlimitiert bis 1,79 Eingekauft
hat sicher einen Grund
man munkelt auch von übernahme und Aktienrückkauf ist
auch geplant.
mfg jojo
Hallo Zocker push doch mal Wapme
die sind kurz vor zwei Oiro
da könnte es mit Deinem Kursziel klappen
jojo
die sind kurz vor zwei Oiro
da könnte es mit Deinem Kursziel klappen
jojo
das sieht ja richtig böse aus mit wel
vielleicht sollte man schnell die kurve kratzen solange es bei uns noch Euro dafür gibt
jojo
vielleicht sollte man schnell die kurve kratzen solange es bei uns noch Euro dafür gibt
jojo
hallo jojo, ich bin raus.
bin jetzt in dnl.
bin jetzt in dnl.
Ich will ja nix sagen, aber bei B&C muss man einfach Geduld haben und auch mal 15-30% Verlust hinnehmen.
Mir ging das so in den letzten Wochen. Ich hatte 4x BCX und habe 4x im Low verkauft, als das Teil dann nur 2-3 Tage später wieder raufging.
Könnte gut sein, daß wir jetzt erstmal wieder die 0.3x sehen, jedoch ist B&C immer für eine Überraschung gut.
Ich würde sagen: Halten, bis die nächste News kommt. Überlege mir sogar ernsthaft, nochmal nachzukaufen.
Mir ging das so in den letzten Wochen. Ich hatte 4x BCX und habe 4x im Low verkauft, als das Teil dann nur 2-3 Tage später wieder raufging.
Könnte gut sein, daß wir jetzt erstmal wieder die 0.3x sehen, jedoch ist B&C immer für eine Überraschung gut.
Ich würde sagen: Halten, bis die nächste News kommt. Überlege mir sogar ernsthaft, nochmal nachzukaufen.
STEHT FOR UPMOVE!!!
und schluß kurs 0,475$ island boots&coots STRONG BUY
"Ich würde sagen: Halten, bis die nächste News kommt."
das kann bei Werten wie WEL auch ganz schnell in die Hose gehen
das kann bei Werten wie WEL auch ganz schnell in die Hose gehen
wenn ihr die chancen auf einen richtigen knaller haben wollt, geht zu donner minerals (910483)...
auch hohes risiko, 1000% oder totalverlust...so sagt man
auch hohes risiko, 1000% oder totalverlust...so sagt man
na zocker ...auf einmal so still ? alles nur heiße luft oder geht noch was ?
naja das kursziel von 1,75 - 2$ ende letzter woche gab es zumindestens schoneinmal nicht....
...den rest könnt ihr euch denken
...den rest könnt ihr euch denken
wir zeit, daß ihr zocker2003 mal virtuell in die fresse haut...
Time Price Volume Exchange Info
09:41:29 0.400 47300 AMEX
09:41:23 0.420 3000 AMEX at Ask
09:41:23 0.420 5000 AMEX at Ask
09:41:13 0.410 5000 AMEX at Bid
09:41:13 0.410 3500 AMEX at Bid
09:41:13 0.410 2000 AMEX at Bid
09:41:13 0.410 5000 AMEX at Bid
09:41:12 0.410 5000 AMEX at Bid
09:41:12 0.410 3500 AMEX at Bid
09:41:12 0.410 1000 AMEX at Bid
Bid: 0.400
Ask: 0.420
Bid/Ask Size: 5,600 / 22,000
Time Price Volume Exchange Info
09:41:29 0.400 47300 AMEX
09:41:23 0.420 3000 AMEX at Ask
09:41:23 0.420 5000 AMEX at Ask
09:41:13 0.410 5000 AMEX at Bid
09:41:13 0.410 3500 AMEX at Bid
09:41:13 0.410 2000 AMEX at Bid
09:41:13 0.410 5000 AMEX at Bid
09:41:12 0.410 5000 AMEX at Bid
09:41:12 0.410 3500 AMEX at Bid
09:41:12 0.410 1000 AMEX at Bid
Bid: 0.400
Ask: 0.420
Bid/Ask Size: 5,600 / 22,000
Leute raus solange Ihr könnt denn die Fantasie ist raus
steigt zur Not unten wieder ein
unten müsst Ihr aber selbst definieren !!
ich schätze mal wenn die 0,29 nicht halten dann 0,10
mfg jojo
steigt zur Not unten wieder ein
unten müsst Ihr aber selbst definieren !!
ich schätze mal wenn die 0,29 nicht halten dann 0,10
mfg jojo
jojo was für ein käs...erzählst du jetzt raus nie....... strong buy ich habe gekauft nochmal ich warte gruß ocra
Worauf denn, Ocra?
@ ocra
genau so denke ich auch wird noch ziemlich lustig werden mit etwas geduld (die man hier jetzt unbedingt haben sollte)
genau so denke ich auch wird noch ziemlich lustig werden mit etwas geduld (die man hier jetzt unbedingt haben sollte)
STRONG BUY HEUTE GRÜN
freitag 0,60-0,80
freitag 0,60-0,80 oder früher
Ocra,
Stimmt , heut wirst Du dich grün ärgern und morgen blau !
Zocker 2003 hat Euch ganz schön mit der Übernahmefantasie
vera...scht !
Das Ding läuft nicht mehr !!!
Muh , Muh , Muuuuaaaahhhh !!!!
Gruß Monsterkuh
Stimmt , heut wirst Du dich grün ärgern und morgen blau !
Zocker 2003 hat Euch ganz schön mit der Übernahmefantasie
vera...scht !
Das Ding läuft nicht mehr !!!
Muh , Muh , Muuuuaaaahhhh !!!!
Gruß Monsterkuh
du armer träumer wel q1 klasse q2 super und große nachrichten
wer braucht fantasie? lassen wir die zahlen reden....
"best quarter in company history"....hört sich sehr gut an
he nun schaud doch mall bei tgen oder896323 das wird auch bei wel bald seien
mein tipp: unter 0,30 vorsichtig wieder einsteigen...
glaube wir werden die 0,25 noch mall sehen bin erstmal raus mit 60% der rest warten wir warten bis august und dann up
ist wohl klüger ocra...
wo ist dieser bekloppte zocker2003???????????
schon ne neue ID zugelegt junge?
was ist denn mit deinen 1,75 - 2,00$?????????????
wo ist dieser bekloppte zocker2003???????????
schon ne neue ID zugelegt junge?
was ist denn mit deinen 1,75 - 2,00$?????????????
1,75$ soon!
zocker, du hast mut hier überhaupt noch aufzutauchen...
der wahrheitsgehalt deiner postings ist sehr sehr gering, es glaubt dir eh keiner mehr...
lege dir besser eine neue ID zu...
der wahrheitsgehalt deiner postings ist sehr sehr gering, es glaubt dir eh keiner mehr...
lege dir besser eine neue ID zu...
Das die bald explodiert das glaube ich aber mit....
DER SHORT RATIO ist gewaltig....
UND EINZELKAUFAUFTRÄGE in der Grössenordnung 50.000 sind auch genug vorhanden....
In Germany gingen gestern auch grosse Pakete rüber...
STILL WAIT...
DER SHORT RATIO ist gewaltig....
UND EINZELKAUFAUFTRÄGE in der Grössenordnung 50.000 sind auch genug vorhanden....
In Germany gingen gestern auch grosse Pakete rüber...
STILL WAIT...
@joelu
ich finde es wesentlich besser, auch zu seinen Fehlern zu stehen anstatt sich für jeden Push eine neue ID zu holen.
ich finde es wesentlich besser, auch zu seinen Fehlern zu stehen anstatt sich für jeden Push eine neue ID zu holen.
megapol - da gebe ich dir recht, aber er steht ja gar nicht zu seinen fehlern. er will doch immer noch pushen. zum fehler eingestehen hat er eine andere ID
achso: gehandelt wird auch noch, hoffe für alle beteiligten, daß der boden bald erreicht ist
11:19:43 0.380 5000 AMEX at Bid
11:19:28 0.380 10000 AMEX at Bid
11:19:27 0.380 24600 AMEX at Bid
11:19:18 0.380 2500 AMEX at Bid
11:19:08 0.380 5000 AMEX at Bid
11:19:07 0.380 1700 Cincinnati at Bid
11:18:32 0.380 1000 Chicago at Bid
11:18:24 0.380 5000 AMEX at Bid
11:17:27 0.380 5000 AMEX at Bid
11:14:45 0.380 5000 Chicago at Bid
achso: gehandelt wird auch noch, hoffe für alle beteiligten, daß der boden bald erreicht ist
11:19:43 0.380 5000 AMEX at Bid
11:19:28 0.380 10000 AMEX at Bid
11:19:27 0.380 24600 AMEX at Bid
11:19:18 0.380 2500 AMEX at Bid
11:19:08 0.380 5000 AMEX at Bid
11:19:07 0.380 1700 Cincinnati at Bid
11:18:32 0.380 1000 Chicago at Bid
11:18:24 0.380 5000 AMEX at Bid
11:17:27 0.380 5000 AMEX at Bid
11:14:45 0.380 5000 Chicago at Bid
ohje..die einzigste explosion die eintrat war die einer blase, nur nun bin ich tiefrot im verlust und harre mal der dinge ein weilchen
Schlußkurs 0,42$ am Tageshoch, nachbörslich auf 0,43$
Werde heute evtl. nachkaufen.
Gruss
Werde heute evtl. nachkaufen.
Gruss
So hab gerade nachgekauft. Jetzt kanns wegen mir losgehen.
Im Yahoo-Board wird über News spekuliert, wegen den steigenden Umsätzen zum Handelsende.
Mal sehen
Im Yahoo-Board wird über News spekuliert, wegen den steigenden Umsätzen zum Handelsende.
Mal sehen
Super Leute immer kaufen, kaufen und nochmal kaufen, was soll passieren , die Leute die über 0,5 gekauft haben tun mir trotzdem leid, hoffe Zocker..... ( ist unwürdig um seinen Namen auszuschreiben) hat schon verkauft, sein Gelaber kotzt mich tierisch an, naja aber man muss auch sagen jeder der darauf reinfällt ist selber schuld, sie wird steigen aber nicht auf 2 oder noch höhere Fantasie Beträge höchstens wenn pusher zur stelle sind, abwarten und Tee trinken
Das Orderbuch schaut richtig gut aus.
Ein Käufer hat gerade 15.000 in Berlin gekauft und
steht mit weiteren 15.000 im Bid
Vielleicht kommt ja wirklich was.
Best Bid
Umsatz Quote
5000 Euro 0.34
Kauf Orders
Überhang Limit
15000 0.34
27000 0.32
27200 0.24
31200 0.1
- -
Weitere: 0
Best Ask
Quote Umsatz
0.37 5000 Euro
Verkauf Orders
Limit Überhang
0.4 800
0.47 2810
0.6 4810
0.88 5510
0.9 8010
Ein Käufer hat gerade 15.000 in Berlin gekauft und
steht mit weiteren 15.000 im Bid
Vielleicht kommt ja wirklich was.
Best Bid
Umsatz Quote
5000 Euro 0.34
Kauf Orders
Überhang Limit
15000 0.34
27000 0.32
27200 0.24
31200 0.1
- -
Weitere: 0
Best Ask
Quote Umsatz
0.37 5000 Euro
Verkauf Orders
Limit Überhang
0.4 800
0.47 2810
0.6 4810
0.88 5510
0.9 8010
Wer das wohl war grins
isch net...
ICK HABE KEENE AHNUNG...
ICK HABE KEENE AHNUNG...
2 ct. zu Pari EUR immer noch...SK 0,43 USD
bleibt mal ruhig.
nachdem die aktie so zurückgekommen ist haben sie auch mal ein kleines plus verdient.
jetzt kommt nicht gleich wieder mit euerm news geschrei.
ich bin noch plus minus null raus. werde aber nicht über 30 cent kaufen.
die gibts bald noch preiswerter...
nachdem die aktie so zurückgekommen ist haben sie auch mal ein kleines plus verdient.
jetzt kommt nicht gleich wieder mit euerm news geschrei.
ich bin noch plus minus null raus. werde aber nicht über 30 cent kaufen.
die gibts bald noch preiswerter...
Falls ihr mich als käufer meint, dann muss ich euch enttäuschen, wäre froh wenn ich noch soviel geld hätte.
Eher der aller erste Umsatz heute geht auf meine kappe.
Eher der aller erste Umsatz heute geht auf meine kappe.
War ich das etwas, man hat meine Bank da Mist gebaut, wollte doch verkaufen oder doch kaufen man bin ich verwirrt, kann schon nicht mal mehr richtig schreiben, sollte ich etwa noch soviel geld haben............., das werden wir wohl nie erfahren.........
War ich das ebend schon wieder, muss wohl mal ein Wörtchen mit meiner Bank reden........
Eben 10.000 zu 0,37 in Berlin
Bin auf die vorbörse gespannt.
Bin auf die vorbörse gespannt.
JO...
UND SCHAU DIR MAL DEN SHORT RATIO IN US AN...
Sind vorhin eingestellt worden....
UND SCHAU DIR MAL DEN SHORT RATIO IN US AN...
Sind vorhin eingestellt worden....
Bid Orders Ask Orders
Price Total Order Size Institution Price Total Order Size Institution
0.42 3,725 Archipelago 0.44 7,000 Archipelago
0.37 1,000 Archipelago 0.57 100 Archipelago
0.36 10,000 Archipelago 1.65 20,000 Island
0.30 7,500 Archipelago 4.87 1,000 Island
0.20 25,000 Archipelago 10.00 9 Archipelago
0.01 100 Archipelago 32,000.00 1,000 Archipelago
Price Total Order Size Institution Price Total Order Size Institution
0.42 3,725 Archipelago 0.44 7,000 Archipelago
0.37 1,000 Archipelago 0.57 100 Archipelago
0.36 10,000 Archipelago 1.65 20,000 Island
0.30 7,500 Archipelago 4.87 1,000 Island
0.20 25,000 Archipelago 10.00 9 Archipelago
0.01 100 Archipelago 32,000.00 1,000 Archipelago
Bid Orders Ask Orders
Price Total Order Size Institution Price Total Order Size Institution
0.42 3,725 Archipelago 0.49 10,000 Archipelago
0.37 1,000 Archipelago 0.55 100 Archipelago
0.36 10,000 Archipelago 1.65 20,000 Island
0.30 7,500 Archipelago 4.87 1,000 Island
0.01 100 Archipelago 4.87 9 Archipelago
- - - 10.00 1,000 Archipelago
- - - 32,000.00 1,000 Archipelago
Price Total Order Size Institution Price Total Order Size Institution
0.42 3,725 Archipelago 0.49 10,000 Archipelago
0.37 1,000 Archipelago 0.55 100 Archipelago
0.36 10,000 Archipelago 1.65 20,000 Island
0.30 7,500 Archipelago 4.87 1,000 Island
0.01 100 Archipelago 4.87 9 Archipelago
- - - 10.00 1,000 Archipelago
- - - 32,000.00 1,000 Archipelago
push push push
wird doch gekauft....
Wenn der Rohölpreis steigt...steigt sie auch...+
ein solides Unternehmen + gute Zahlen....naja...
TAKE TIME...BOOT´I!
In ein paar Wochen stehen wir wieder über 1 USD....
Wenn der Rohölpreis steigt...steigt sie auch...+
ein solides Unternehmen + gute Zahlen....naja...
TAKE TIME...BOOT´I!
In ein paar Wochen stehen wir wieder über 1 USD....
hey zocker, wo sind die 2$?????????????
Die kommen, fragt sich bloß wann und ob unbedingt bei diesem Wert!
vom märz an runter auf 0,34 und 0 gegenreaktion...+ SI und grosse Pakete....
Bald gehts wieder aufwärts...
AUSGESETZT????
Für kurze Zeit!!!!
jetzt wieder Handel...
jetzt wieder Handel...
wo sind die versprochenen 2$!!!!!!!!!!!!!!!!!!
hallo, ihr pusher (zocker)!!!!!!!!!
natürlich seid ihr jetzt weg!!!
hallo, ihr pusher (zocker)!!!!!!!!!
natürlich seid ihr jetzt weg!!!
@joelu
wer wird den jetzt schon gehen wollen?
also ich bestimmt nicht!
warte mal die nächsten zahlen ab,das beste kommt noch!
gruss
blackjack
wer wird den jetzt schon gehen wollen?
also ich bestimmt nicht!
warte mal die nächsten zahlen ab,das beste kommt noch!
gruss
blackjack
Schön, dass die ganzen Idioten wieder weg sind. Die kommen erst wieder, wenn es zu spät ist. Wer diese Story interessant findet kauft jetzt... und verabschiedet sich, wenn Zocker5000 täglich drei neue Threads eröffnet.
Man muß nur mal die Fakten, also die Zahlen ansehen. Wie hoch ist dann noch das Risiko nach unten?
Gruß
Best
Man muß nur mal die Fakten, also die Zahlen ansehen. Wie hoch ist dann noch das Risiko nach unten?
Gruß
Best
ja, unter 30 überlege ich auch einen einstieg...
wann könnten die nächsten news kommen?
in etwa 2 Wochen....
und ab wann gerechnet ??? greyhound
ab heute 15:30 an gerechnet *gg*
YAP...
duti passt auf....
duti passt auf....
Was für eine beschissene, hirnverfickte, abgewichste, nach Sperma riechende, verhurte, schwule Aktie. Seit meinem Kauf ging es jeden Börsentag 1 cent runter. Hat das auch irgendwann mal ein Ende und wir sehen auch mal wieder höhere Kurse?
na? wo sind die 2$-pusher?
Ich nehme auch gerne USD 5,00
vorbörslich stark auf 0,4$
News, Spekulationen? Kurz vor Schluss nochmal richtig gen Norden unter hohen Umsätzen... Schluss 0,41
nachbörslich sogar bei 0,44$
liegt wohl auch ein wenig an dieser Nachricht:
WASHINGTON (AP) - Halliburton`s no-bid work to revive Iraq`s oil industry is likely to last longer than originally estimated, the Army has acknowledged, and the cost to the government has more than doubled in the past month.
The U.S. Army Corps of Engineers this week backed off estimates that a fully competitive replacement contract would be awarded by August.
There will be no second contract if the oil restoration mission is completed before another company can take over, or if the Iraqis make their own arrangements for additional help, the Corps said.
``We`re not going to try to discuss a specific timetable,`` a Corps spokesman, Lt. Col. Eugene Pawlik, said. Asked about the Corps` earlier August estimate, Pawlik said, ``I would be very surprised if that would be in the timetable, with all the requirements that are out there.``
While the Army delays its decision, the government cost of the noncompetitive work awarded to Vice President Dick Cheney`s former company is ballooning. The total as of last week was $184.7 million, up from $76.7 million a month ago, shortly after the assigned work expanded significantly.
Several members of Congress have invoked Cheney`s name to raise the hint of favoritism in a contract originally described as a bridge between emergency repair and longer-term assistance to restore full oil production.
Cheney`s office repeatedly has said he had no role in the award, which was given to Halliburton`s KBR subsidiary. Cheney left the company in August 2000.
Halliburton`s spokeswoman Wendy Hall said, ``KBR is proud to assist with the restoration of Iraq`s oil infrastructure, which is the fuel for the country`s economic recovery.``
The Houston firm`s oil industry assistance in Iraq is only part of the more than $600 million in military work received by Halliburton in connection with the wars in Iraq and Afghanistan.
As the Army`s sole provider of troop support services, KBR has received work orders totaling more than $500 million under a 10-year contract with no spending ceiling.
Rep. Henry Waxman, D-Calif., the chief House critic of the Halliburton oil contract, reminded the Corps in a letter last week that the Army expected to advertise for bids by the spring or early summer.
Writing to Lt. Gen. Robert B. Flowers, the Corps commander, Waxman asked whether the Corps ``has done an about-face and is poised to give additional benefits to Halliburton under its no-bid contract.``
Waxman cited a Dow Jones news story in which Gary Loew, planning director for the Corps oil restoration project, said there might not be time to award a second contract and still meet deadlines for restoring the industry.
Flowers responded that the Corps was moving ahead with plans for a replacement contract ``if needed.``
He also said the Iraqis had the choice of obtaining services elsewhere. ``The competitively awarded contracts will be one of the many sources available to the Iraqi management team; the Iraqis will not be required to make use of the contracts,`` Flowers said.
Flowers contended KBR was the only practical choice when, in February, the Corps was given the prewar contingency mission of keeping the Iraq oil industry afloat after fighting ended.
``With only weeks to be prepared to execute, full and open competition was not feasible,`` Flowers said.
U.S. Army Corps of Engineers: http://www.usace.army.mil
liegt wohl auch ein wenig an dieser Nachricht:
WASHINGTON (AP) - Halliburton`s no-bid work to revive Iraq`s oil industry is likely to last longer than originally estimated, the Army has acknowledged, and the cost to the government has more than doubled in the past month.
The U.S. Army Corps of Engineers this week backed off estimates that a fully competitive replacement contract would be awarded by August.
There will be no second contract if the oil restoration mission is completed before another company can take over, or if the Iraqis make their own arrangements for additional help, the Corps said.
``We`re not going to try to discuss a specific timetable,`` a Corps spokesman, Lt. Col. Eugene Pawlik, said. Asked about the Corps` earlier August estimate, Pawlik said, ``I would be very surprised if that would be in the timetable, with all the requirements that are out there.``
While the Army delays its decision, the government cost of the noncompetitive work awarded to Vice President Dick Cheney`s former company is ballooning. The total as of last week was $184.7 million, up from $76.7 million a month ago, shortly after the assigned work expanded significantly.
Several members of Congress have invoked Cheney`s name to raise the hint of favoritism in a contract originally described as a bridge between emergency repair and longer-term assistance to restore full oil production.
Cheney`s office repeatedly has said he had no role in the award, which was given to Halliburton`s KBR subsidiary. Cheney left the company in August 2000.
Halliburton`s spokeswoman Wendy Hall said, ``KBR is proud to assist with the restoration of Iraq`s oil infrastructure, which is the fuel for the country`s economic recovery.``
The Houston firm`s oil industry assistance in Iraq is only part of the more than $600 million in military work received by Halliburton in connection with the wars in Iraq and Afghanistan.
As the Army`s sole provider of troop support services, KBR has received work orders totaling more than $500 million under a 10-year contract with no spending ceiling.
Rep. Henry Waxman, D-Calif., the chief House critic of the Halliburton oil contract, reminded the Corps in a letter last week that the Army expected to advertise for bids by the spring or early summer.
Writing to Lt. Gen. Robert B. Flowers, the Corps commander, Waxman asked whether the Corps ``has done an about-face and is poised to give additional benefits to Halliburton under its no-bid contract.``
Waxman cited a Dow Jones news story in which Gary Loew, planning director for the Corps oil restoration project, said there might not be time to award a second contract and still meet deadlines for restoring the industry.
Flowers responded that the Corps was moving ahead with plans for a replacement contract ``if needed.``
He also said the Iraqis had the choice of obtaining services elsewhere. ``The competitively awarded contracts will be one of the many sources available to the Iraqi management team; the Iraqis will not be required to make use of the contracts,`` Flowers said.
Flowers contended KBR was the only practical choice when, in February, the Corps was given the prewar contingency mission of keeping the Iraq oil industry afloat after fighting ended.
``With only weeks to be prepared to execute, full and open competition was not feasible,`` Flowers said.
U.S. Army Corps of Engineers: http://www.usace.army.mil
Man muß anscheinend nur etwas beleidigend werden, dann geht jede Aktie nach oben.
Na,Na...NA!
Boot´s wird jetzt denke ich zu alten Höhen zurückfinden!
Boot´s wird jetzt denke ich zu alten Höhen zurückfinden!
NUN..kamen DIE NEWS DIE ICH ANGEKÜNDIGT HABE....
ETWAS ZU FRÜH!
UND???
TZTZ....
Es werden noch weitere NEWS ERWARTET!
ETWAS ZU FRÜH!
UND???
TZTZ....
Es werden noch weitere NEWS ERWARTET!
0,47 letzter Nachbörslich...
Seit meinen Anstieg habe ich leider auch nur die Südtangentene erwischt und anderes betrachte ich erst einmal skeptisch, aber wie heißt`s doch so schön...alles wird gut...
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
0,54$
Nicht schlecht, was so ein paar kleine Neuigkeiten bewirken
Nicht schlecht, was so ein paar kleine Neuigkeiten bewirken
Es brennt...
Guter Handel heute erwartet...
In Anbetracht der Tatsache das es in NIGERIA, IRAK usw. brennt...
dürfte heute ein gúter Tag für BOOTS werden..
In Anbetracht der Tatsache das es in NIGERIA, IRAK usw. brennt...
dürfte heute ein gúter Tag für BOOTS werden..
d´accord..
..bei 0,59 USD!!!
Vorbörse!
Vorbörse!
Das sind um die 50 € Cent!
ABER WAS FÜR POSITIONEN...
aktl. 0,54....
aber heftig so um um 20.000 - 30.000 er Blöcke...
aktl. 0,54....
aber heftig so um um 20.000 - 30.000 er Blöcke...
laßt euch nicht verarschen, sicherlich geht das teil hoch, aber so hoch?????????
vorbörse fällt schon wieder!!! achtung einsteiger!!!!
BOOTS & COOTS INTL WELL - American Stock Exchange: WEL
Consolidated Real-time Market Quote*
Last Change (%) After Hours Chg (%)** Bid Ask Trade Time
0.51 0.11 (27.50) 0.05 (8.93) 0.48 (20) 0.51 (50) 08:29
vorbörse fällt schon wieder!!! achtung einsteiger!!!!
BOOTS & COOTS INTL WELL - American Stock Exchange: WEL
Consolidated Real-time Market Quote*
Last Change (%) After Hours Chg (%)** Bid Ask Trade Time
0.51 0.11 (27.50) 0.05 (8.93) 0.48 (20) 0.51 (50) 08:29
BOOTS & COOTS INTL WELL - American Stock Exchange: WEL
Consolidated Real-time Market Quote*
Last Change (%) After Hours Chg (%)** Bid Ask Trade Time
0.51 0.11 (27.50) 0.05 (8.93) 0.49 (10) 0.50 (284.90) 08:30
Consolidated Real-time Market Quote*
Last Change (%) After Hours Chg (%)** Bid Ask Trade Time
0.51 0.11 (27.50) 0.05 (8.93) 0.49 (10) 0.50 (284.90) 08:30
...TZTZ!
Logisch fällt er....
Trotz allem....
STEHEN RUNTER ZU GIGANTISCHE POSITIONEN!!!
Konsolidierung....
Wartet bis die Börse um 15.30 anfängt...
Logisch fällt er....
Trotz allem....
STEHEN RUNTER ZU GIGANTISCHE POSITIONEN!!!
Konsolidierung....
Wartet bis die Börse um 15.30 anfängt...
na, haben sich alle ZOCKER03er wieder hier abgekühlt?
vorbörse:
BOOTS & COOTS INTL WELL - American Stock Exchange: WEL
Consolidated Real-time Market Quote*
Last Change (%) After Hours Chg (%)** Bid Ask Trade Time
0.46 0.06 (15.00) 0.1 (17.86) 0 (0) 0.49 (30) 09:11
wer bei 0,59 drauf reingefallen ist, ist selber schuld
vorbörse:
BOOTS & COOTS INTL WELL - American Stock Exchange: WEL
Consolidated Real-time Market Quote*
Last Change (%) After Hours Chg (%)** Bid Ask Trade Time
0.46 0.06 (15.00) 0.1 (17.86) 0 (0) 0.49 (30) 09:11
wer bei 0,59 drauf reingefallen ist, ist selber schuld
Das ist doch ein schönes Eröffnungsgap 0,46 zu 0,47.
Also ich bin zufrieden.
Alles weitere wird folgen
Also ich bin zufrieden.
Alles weitere wird folgen
ich denke auch, 20% sind da heute schon drin....sehr schön für trader.
nur direkt wieder 1$ ?
nur direkt wieder 1$ ?
kein handel heute?
doch aber der / die MM sind nicht in der lage zu eröffnen..
dürfte eben ein dickes GAP geben
dürfte eben ein dickes GAP geben
wahnsinnig dick
Last 10 trades
Time Price Volume Exchange Info
09:50:20 0.440 500 Chicago at Bid
09:50:17 0.440 500 Chicago at Bid
09:50:01 0.440 1000 Chicago at Bid
09:49:41 0.450 500 Cincinnati at Ask
09:49:38 0.450 4500 Cincinnati at Ask
09:49:25 0.440 2500 AMEX at Bid
09:49:15 0.450 200 Chicago at Ask
09:49:06 0.450 300 AMEX at Ask
09:48:50 0.450 4000 Chicago at Ask
09:48:37 0.450 1000 Chicago at Ask
#1 von ZOCKER2003 23.06.03 10:09:11 Beitrag Nr.: 9.850.390 9850390
Dieses Posting: versenden | melden | drucken | Antwort schreiben
NEWS NEWS NEWS
0.60 open
BOOTS ON CNBC // STRONG BUY
Last 10 trades
Time Price Volume Exchange Info
09:50:20 0.440 500 Chicago at Bid
09:50:17 0.440 500 Chicago at Bid
09:50:01 0.440 1000 Chicago at Bid
09:49:41 0.450 500 Cincinnati at Ask
09:49:38 0.450 4500 Cincinnati at Ask
09:49:25 0.440 2500 AMEX at Bid
09:49:15 0.450 200 Chicago at Ask
09:49:06 0.450 300 AMEX at Ask
09:48:50 0.450 4000 Chicago at Ask
09:48:37 0.450 1000 Chicago at Ask
#1 von ZOCKER2003 23.06.03 10:09:11 Beitrag Nr.: 9.850.390 9850390
Dieses Posting: versenden | melden | drucken | Antwort schreiben
NEWS NEWS NEWS
0.60 open
BOOTS ON CNBC // STRONG BUY
Bei der Nachbörse ists wahrscheinlich heute soweit...
18.27 $ 0.47 2600
18.27 $ 0.47 8000
18.20 $ 0.46 7500
18.17 $ 0.46 1000
18.14 $ 0.46 900
17.46 $ 0.46 100
17.29 $ 0.46 1000
16.57 $ 0.45 500
16.57 $ 0.45 4000
16.57 $ 0.45 3000
16.33 $ 0.45 2000
16.00 $ 0.45 2500
16.00 $ 0.45 30000
18.27 $ 0.47 2600
18.27 $ 0.47 8000
18.20 $ 0.46 7500
18.17 $ 0.46 1000
18.14 $ 0.46 900
17.46 $ 0.46 100
17.29 $ 0.46 1000
16.57 $ 0.45 500
16.57 $ 0.45 4000
16.57 $ 0.45 3000
16.33 $ 0.45 2000
16.00 $ 0.45 2500
16.00 $ 0.45 30000
Möchte folgendes auch in diesem Thread kundtun:
Gestern Abend verkündete der Teletext des ORF folgendes:
Es soll abends einen weiteren Anschlag auf eine Ölpipeline
nördlich von Bagdad gegeben haben. Als Quelle wurde der
arabische Sender Al Jazeera genannt. Leider konnte ich diese Nachricht noch nicht prüfen, da die englische Homepage von Al Jazeera (wie könnte es anders sein) nicht
funktioniert.
Kein Gepushe, soll nur eine Zusatzinfo für Interessierte sein.
Euer dutman!
PS: Weiß schon jemand mehr?
Gestern Abend verkündete der Teletext des ORF folgendes:
Es soll abends einen weiteren Anschlag auf eine Ölpipeline
nördlich von Bagdad gegeben haben. Als Quelle wurde der
arabische Sender Al Jazeera genannt. Leider konnte ich diese Nachricht noch nicht prüfen, da die englische Homepage von Al Jazeera (wie könnte es anders sein) nicht
funktioniert.
Kein Gepushe, soll nur eine Zusatzinfo für Interessierte sein.
Euer dutman!
PS: Weiß schon jemand mehr?
Hallo,
ich konnte nichts dazu finden, ausser, dass
Jazeera TV gestern abend von der Explosion am morgen berichtet hat.
"An explosion hit an oil pipeline in an area northwest of Baghdad early Tuesday morning, causing no fires, but destroying surrounding palm groves and farm land, Dubai-based al-Jazeera television said.
Jazeera said the blast took place on an oil pipeline in the Barwanah area, near 3K station, 155 miles northwest of the Iraqi capital Baghdad...."
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20030624/w…
ich konnte nichts dazu finden, ausser, dass
Jazeera TV gestern abend von der Explosion am morgen berichtet hat.
"An explosion hit an oil pipeline in an area northwest of Baghdad early Tuesday morning, causing no fires, but destroying surrounding palm groves and farm land, Dubai-based al-Jazeera television said.
Jazeera said the blast took place on an oil pipeline in the Barwanah area, near 3K station, 155 miles northwest of the Iraqi capital Baghdad...."
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20030624/w…
Diese New´s hab ich eben gefunden.
Natural Gas Well Blows Out in Taft, Calif., Area; None Injured
Jun 25, 2003 (The Bakersfield Californian - Knight Ridder/Tribune Business News via COMTEX) -- A natural gas well blew out Tuesday morning at Elk Hills near Taft, but was tamed by a breezy day that thinned out potentially explosive clouds of gas.
The incident at Occidental of Elk Hills required a trip from Houston-based Boots & Coots International Well Control.
No one was injured in the 10 a.m. accident, which released natural gas and water. No major equipment was damaged.
Still, such blowouts are potentially serious.
"When you`ve got a well that`s out of control, you don`t mess around," said John M. Allen, president and general manager of Oxy`s Elk Hills site.
Hopefully, Allen said, Boots & Coots could take care of the problem quickly. The firm responded to a similar gas-well blowout at Elk Hills earlier this year and fixed the problem in less than an hour, he said.
"With any luck, this will all be history by the time we go to bed tonight," Allen said.
Boots & Coots was scheduled to arrive at Elk Hills Tuesday evening.
In the meantime, two units from the Kern County Fire Department stood by as a safety precaution.
The well, which had been off line for about a year, was scheduled to get cleaned in order to reenter production when the incident occurred.
Workers were getting ready to enter the well to clean out sand when the master valve began leaking, Allen said.
When the workers heard gas and saw water leaking, they knew to evacuate.
At 2,500 feet, the well is relatively shallow and not under high pressure, Allen said.
The exact amount of leakage was not known Tuesday.
"We need to know the size of the hole and the pressure to estimate how much gas is escaping," he said.
Gas leaking from the site is potentially flammable.
One of the gas` elements, propane, is heavier than air and can cause gas clouds that hang on the ground.
Such clouds could be dangerous for nearby communities such as Tupman and Taft.
But Tuesday`s breezes pushed gases away from Taft and kept clouds from forming near Tupman.
Oxy monitored the situation with gas-sniffing equipment and wind-speed meters.
If clouds had formed near Tupman, the firm`s security workers would have gone to the community of 210 and told them about the situation, Allen said.
The Elk Hills site has about 1,800 producing wells. Most produce gas and oil. Less than 10 percent produce only natural gas.
Allen said the blowout is the third at Elk Hills since Oxy took over the site in 1998. Elk Hills is the largest natural gas field in the state.
Generally, blowouts are rare. Blowout prevention equipment was mandated on all wells drilled in California following some gushers in Los Angeles in the 1920s.
In November 2002, a well exploded in Castaic, killing one man and sending another, Delton Rosson, 35, a resident of Bakersfield, to Grossman Burn Center in Sherman Oaks with more than 12 percent of his body burned.
In 1998, a deep gas exploration well blew out in East Lost Hills, igniting flames that shot up as high as 300 feet. No one was killed.
Erin Waldner contributed to this story.
By Gretchen Wenner
To see more of The Bakersfield Californian, or to subscribe to the newspaper, go to www.bakersfield.com
(c) 2003, The Bakersfield Californian. Distributed by Knight Ridder/Tribune Business News.
Natural Gas Well Blows Out in Taft, Calif., Area; None Injured
Jun 25, 2003 (The Bakersfield Californian - Knight Ridder/Tribune Business News via COMTEX) -- A natural gas well blew out Tuesday morning at Elk Hills near Taft, but was tamed by a breezy day that thinned out potentially explosive clouds of gas.
The incident at Occidental of Elk Hills required a trip from Houston-based Boots & Coots International Well Control.
No one was injured in the 10 a.m. accident, which released natural gas and water. No major equipment was damaged.
Still, such blowouts are potentially serious.
"When you`ve got a well that`s out of control, you don`t mess around," said John M. Allen, president and general manager of Oxy`s Elk Hills site.
Hopefully, Allen said, Boots & Coots could take care of the problem quickly. The firm responded to a similar gas-well blowout at Elk Hills earlier this year and fixed the problem in less than an hour, he said.
"With any luck, this will all be history by the time we go to bed tonight," Allen said.
Boots & Coots was scheduled to arrive at Elk Hills Tuesday evening.
In the meantime, two units from the Kern County Fire Department stood by as a safety precaution.
The well, which had been off line for about a year, was scheduled to get cleaned in order to reenter production when the incident occurred.
Workers were getting ready to enter the well to clean out sand when the master valve began leaking, Allen said.
When the workers heard gas and saw water leaking, they knew to evacuate.
At 2,500 feet, the well is relatively shallow and not under high pressure, Allen said.
The exact amount of leakage was not known Tuesday.
"We need to know the size of the hole and the pressure to estimate how much gas is escaping," he said.
Gas leaking from the site is potentially flammable.
One of the gas` elements, propane, is heavier than air and can cause gas clouds that hang on the ground.
Such clouds could be dangerous for nearby communities such as Tupman and Taft.
But Tuesday`s breezes pushed gases away from Taft and kept clouds from forming near Tupman.
Oxy monitored the situation with gas-sniffing equipment and wind-speed meters.
If clouds had formed near Tupman, the firm`s security workers would have gone to the community of 210 and told them about the situation, Allen said.
The Elk Hills site has about 1,800 producing wells. Most produce gas and oil. Less than 10 percent produce only natural gas.
Allen said the blowout is the third at Elk Hills since Oxy took over the site in 1998. Elk Hills is the largest natural gas field in the state.
Generally, blowouts are rare. Blowout prevention equipment was mandated on all wells drilled in California following some gushers in Los Angeles in the 1920s.
In November 2002, a well exploded in Castaic, killing one man and sending another, Delton Rosson, 35, a resident of Bakersfield, to Grossman Burn Center in Sherman Oaks with more than 12 percent of his body burned.
In 1998, a deep gas exploration well blew out in East Lost Hills, igniting flames that shot up as high as 300 feet. No one was killed.
Erin Waldner contributed to this story.
By Gretchen Wenner
To see more of The Bakersfield Californian, or to subscribe to the newspaper, go to www.bakersfield.com
(c) 2003, The Bakersfield Californian. Distributed by Knight Ridder/Tribune Business News.
bid schon 0,46 USD ca. 39 Cent und in Berlin kann man noch für 38 Cent kaufen
so, jetzt wieder beruhigt?
Last 10 trades
Time Price Volume Exchange Info
11:13:24 0.430 5000 Cincinnati at Bid
11:12:00 0.440 10000 AMEX at Ask
11:09:20 0.430 15100 Cincinnati at Bid
11:09:18 0.430 900 Cincinnati at Bid
11:08:43 0.430 1900 AMEX at Bid
11:08:41 0.440 100 AMEX at Ask
11:07:20 0.430 10400 AMEX at Bid
11:07:14 0.440 4300 AMEX at Ask
11:07:06 0.440 3700 AMEX at Ask
11:06:53 0.440 9000 AMEX at Ask
Last 10 trades
Time Price Volume Exchange Info
11:13:24 0.430 5000 Cincinnati at Bid
11:12:00 0.440 10000 AMEX at Ask
11:09:20 0.430 15100 Cincinnati at Bid
11:09:18 0.430 900 Cincinnati at Bid
11:08:43 0.430 1900 AMEX at Bid
11:08:41 0.440 100 AMEX at Ask
11:07:20 0.430 10400 AMEX at Bid
11:07:14 0.440 4300 AMEX at Ask
11:07:06 0.440 3700 AMEX at Ask
11:06:53 0.440 9000 AMEX at Ask
@ joelu
hast wohl zocker und co. den kampf angesagt!
meine stimme hast du!
hast wohl zocker und co. den kampf angesagt!
meine stimme hast du!
Warum zog der Kurs nachbörslich noch mal so an?
Last: 0.470
Close: 0.430
High: 0.460
Low: 0.420
Open: 0.450
Change: +0.04
Volume: 1,523,100
Bid: 0.470
Ask: 0.490
Bid/Ask Size: 5,000 / 2,000
52 Wk High: 2.550
52 Wk Low: 0.060
%Change: 0.0%
Market Cap: 35M
Price/Sales: 1.0
EPS: $-0.07
P/E Ratio: N/A
Market Data Powered By ComStock
06/26/03 - 2:23 a.m. Eastern -- No Quote Delay.
Last 10 trades
Time Price Volume Exchange Info
19:50:17 0.470 5000 Pacific at Bid
16:15:30 0.450 500 AMEX
16:00:50 0.430 1000 AMEX at Bid
Last: 0.470
Close: 0.430
High: 0.460
Low: 0.420
Open: 0.450
Change: +0.04
Volume: 1,523,100
Bid: 0.470
Ask: 0.490
Bid/Ask Size: 5,000 / 2,000
52 Wk High: 2.550
52 Wk Low: 0.060
%Change: 0.0%
Market Cap: 35M
Price/Sales: 1.0
EPS: $-0.07
P/E Ratio: N/A
Market Data Powered By ComStock
06/26/03 - 2:23 a.m. Eastern -- No Quote Delay.
Last 10 trades
Time Price Volume Exchange Info
19:50:17 0.470 5000 Pacific at Bid
16:15:30 0.450 500 AMEX
16:00:50 0.430 1000 AMEX at Bid
weil da was kommt....
läuft seit Tagen so...nur das teilweise das Volumen wesentlich höher war...auf den ECN manchmal sogar TopVolumer...
Sie steht vor Ausbruch...
und dürfte dann dirket auf rd. 1 USD anziehen...
Indis sagen Kauf... nicht strong aber Kauf...
bestätigt sich das Signal in den nächsten Tagen springt sie auf Strong..
läuft seit Tagen so...nur das teilweise das Volumen wesentlich höher war...auf den ECN manchmal sogar TopVolumer...
Sie steht vor Ausbruch...
und dürfte dann dirket auf rd. 1 USD anziehen...
Indis sagen Kauf... nicht strong aber Kauf...
bestätigt sich das Signal in den nächsten Tagen springt sie auf Strong..
Im NTV Laufband stand gestern Abend das wieder eine Ölquelle im Irak gesprengt wurde, vielleicht deshalb?
phantasten...geht mit euren dummen labereinen ins caly-board, da seid ihr dann genauso fehl am platz!!!
letzter kurs 0,41$
letzter kurs 0,41$
Hey Joelu,
hast Du langeweile ,oder warum postest Du in diesem Thread ,der das letzte Mal am 26.06.03 bearbeitet wurde .
Vor August passiert hier sowieso nichts.
Gruß
MP
hast Du langeweile ,oder warum postest Du in diesem Thread ,der das letzte Mal am 26.06.03 bearbeitet wurde .
Vor August passiert hier sowieso nichts.
Gruß
MP
Bin seit gestern wieder dabei und es gibt news
Bid Seite deutlich stärker als Ask auf Island.com
Boots & Coots Reaches Agreement with Prudential to Cure Loan Defaults
Wednesday July 2, 9:00 am ET
HOUSTON, July 2 /PRNewswire-FirstCall/ -- Boots & Coots International Well Control, Inc. (Amex: WEL - News), announced today that it has concluded negotiations with Prudential Insurance Company of America ("Prudential") to restructure its obligations that will cure its current loan defaults. As previously disclosed, the Company has been in default under its subordinated note agreement with Prudential since March 31, 2002.As part of the agreement, Boots & Coots agreed to issue approximately $2.4 million of new subordinated notes to Prudential representing past due interest, with the option through December 31, 2003, to pay in kind the interest on the subordinated notes accruing through that period. The Company further agreed to accelerate the optional conversion date for approximately 33% of the Company`s outstanding Series E Preferred Stock, all of which are held by Prudential, to January 1, 2004, from the original optional conversion date of December 27, 2005.
In exchange, Prudential has agreed to waive the Company`s past covenant defaults that required it to maintain certain debt to earnings ratios, and to waive compliance with all such covenants through December 31, 2003. Prudential has also agreed to defer the requirement that the Company pay cash dividends on its Series E and G preferred stock until March 31, 2004.
As a result of this debt restructuring initiative, the Company is now current in its debt obligations to Prudential and is in full compliance with all loan covenants related to Prudential.
The Company`s Chief Executive Officer Jerry Winchester said, "Reaching this agreement with Prudential is a key accomplishment in Boots & Coots` objective to restructure its debt. We will continue our efforts toward simplifying the Company`s financial structure. The management team at Boots & Coots remains committed to this objective while improving our operating performance."
http://biz.yahoo.com/prnews/030702/nyw025_1.html
Bid Seite deutlich stärker als Ask auf Island.com
Boots & Coots Reaches Agreement with Prudential to Cure Loan Defaults
Wednesday July 2, 9:00 am ET
HOUSTON, July 2 /PRNewswire-FirstCall/ -- Boots & Coots International Well Control, Inc. (Amex: WEL - News), announced today that it has concluded negotiations with Prudential Insurance Company of America ("Prudential") to restructure its obligations that will cure its current loan defaults. As previously disclosed, the Company has been in default under its subordinated note agreement with Prudential since March 31, 2002.As part of the agreement, Boots & Coots agreed to issue approximately $2.4 million of new subordinated notes to Prudential representing past due interest, with the option through December 31, 2003, to pay in kind the interest on the subordinated notes accruing through that period. The Company further agreed to accelerate the optional conversion date for approximately 33% of the Company`s outstanding Series E Preferred Stock, all of which are held by Prudential, to January 1, 2004, from the original optional conversion date of December 27, 2005.
In exchange, Prudential has agreed to waive the Company`s past covenant defaults that required it to maintain certain debt to earnings ratios, and to waive compliance with all such covenants through December 31, 2003. Prudential has also agreed to defer the requirement that the Company pay cash dividends on its Series E and G preferred stock until March 31, 2004.
As a result of this debt restructuring initiative, the Company is now current in its debt obligations to Prudential and is in full compliance with all loan covenants related to Prudential.
The Company`s Chief Executive Officer Jerry Winchester said, "Reaching this agreement with Prudential is a key accomplishment in Boots & Coots` objective to restructure its debt. We will continue our efforts toward simplifying the Company`s financial structure. The management team at Boots & Coots remains committed to this objective while improving our operating performance."
http://biz.yahoo.com/prnews/030702/nyw025_1.html
C O R R E C T I O N -- Boots & Coots International Well Control, Inc./
Jul 02, 2003 /PRNewswire via COMTEX/ -- In the news release, Boots & Coots (Amex: WEL) Reaches Agreement with Prudential to Cure Loan Defaults, issued earlier today by Boots & Coots International Well Control, Inc. over PR Newswire, we are advised by a representative of the company that the second paragraph has changed and should now read as follows:
"As part of the agreement, Boots & Coots agreed to issue approximately $2.4 million of new subordinated notes to Prudential representing past due interest, with the option through December 31, 2003, to pay in kind the interest on the subordinated notes accruing through that period. The Company further agreed to accelerate the optional conversion date for the Company`s outstanding Series E Preferred Stock, all of which are held by Prudential, to become immediately convertible."
SOURCE Boots & Coots International Well Control, Inc.
Jul 02, 2003 /PRNewswire via COMTEX/ -- In the news release, Boots & Coots (Amex: WEL) Reaches Agreement with Prudential to Cure Loan Defaults, issued earlier today by Boots & Coots International Well Control, Inc. over PR Newswire, we are advised by a representative of the company that the second paragraph has changed and should now read as follows:
"As part of the agreement, Boots & Coots agreed to issue approximately $2.4 million of new subordinated notes to Prudential representing past due interest, with the option through December 31, 2003, to pay in kind the interest on the subordinated notes accruing through that period. The Company further agreed to accelerate the optional conversion date for the Company`s outstanding Series E Preferred Stock, all of which are held by Prudential, to become immediately convertible."
SOURCE Boots & Coots International Well Control, Inc.
Vor einer Woche gab es doch wieder einen Anschlag auf eine Ölpipeline im Irak.....aber die Reaktion beim Kurs war fast gleich null.........
http://www.nzzamsonntag.ch/2003/08/01/al/page-newzzDITYCNAS-…
http://www.nzzamsonntag.ch/2003/08/01/al/page-newzzDITYCNAS-…
da noch niemand die Zahlen für das zweite Quartal eingefügt hat werde ich dies mal nachholen, diese sind nämlich bombstisch gut , welches sich im Kurs leider nicht wiederspiegelt, das wird aber sicher noch kommen, ich lege am Montag nochmal nach.
Gruß Olli
Press Release Source: Boots & Coots International Well Control, Inc.
Boots & Coots Reports Second Consecutive Quarter of Positive Earnings
Friday August 8, 9:00 am ET
HOUSTON, Aug. 8 /PRNewswire-FirstCall/ -- Boots & Coots International Well Control, Inc. (Amex: WEL - News) reported today that revenues for the second quarter ending June 30, 2003, increased by 101% to $8.0 million as compared with revenue of $4.0 million for the same period of 2002. Revenues earned from Iraq related work were $4.4 million for the second quarter of 2003. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $2.9 million in the current period compared to a negative ($0.4 million) in the same period for the prior year. The Company`s income from continuing operations was $1.9 million for the current period (prior period $1.7 million loss) resulting in a net income for the current period of $1.9 million (prior period $7.2 million net loss). After deducting preferred stock dividends, net income attributable to Common Shareholders was $1.6 million for the current period compared to net loss of ($7.9 million) for 2002 three-month period. Basic and diluted earnings (loss) per share were $0.02 as compared to ($0.19) for the three-month comparable periods.
ADVERTISEMENT
For the six months ending June 30, 2003, revenue increased 137% to $19.0 million as compared with revenue of $8.0 million for the same period a year ago. Revenues earned from work in Iraq in the first two quarters of 2003 were $12.1 million (including a first quarter equipment sale of $6.6 million). In the current six-month period earnings before interest, taxes, depreciation and amortization (EBITDA) increased by $7.2 million to $7.1 million. The Company`s income from continuing operations was $5.2 million for the current six-month period (prior period $1.8 million loss) and its income from discontinued operations was $0.01 million (prior period $7.2 million loss) resulting in a net income for the current period of $5.2 million (prior period $9.0 million net loss). After deducting preferred stock dividends, net income attributable to Common Shareholders was $4.2 million for the six months ending June 30, 2003, versus a net loss of ($10.6 million) for the 2002 six-month period. Basic earnings (loss) per share were $0.06 as compared to ($0.25) for the six-month comparable periods. Diluted earnings (loss) per share were $0.05 as compared to ($0.25) for the six-month comparable periods.
Prevention revenues for 2003 second quarter and six months were significantly higher than the 2002 periods due to the service activity and associated first quarter equipment sale in Iraq. Response service revenues were dramatically higher than last year due to our continued involvement in Iraq.
Boots & Coots` CEO Jerry Winchester said, "We are very pleased with our second consecutive quarter of strong financial performance as we continue to drive growth opportunities and build shareholder value. We remain committed to taking advantage of any and all opportunities to contribute to the expansion and development of the prevention side of our business while sustaining our internationally proven response capabilities as we continue our work in Iraq and other areas around the globe."
Kirk Krist, Boots & Coots` Chairman of the Board, stated, "This is an exciting time for our Company as our initiatives and efforts materialize with another positive earnings report this year. It is gratifying to see the fruition of our hard work reflected in this earnings report. Management has stayed on course by focusing on the continued growth of the prevention segment of our business and remains committed to improving our balance sheet. We have confidence in our efforts and are proud of the strides we have made in these endeavors."
About Boots & Coots
Boots & Coots International Well Control, Inc., Houston, Texas, is a global emergency response company that specializes, through its Well Control unit, as an integrated, full-service, emergency-response company with the in- house ability to provide its expanded full-service prevention, response and restoration capabilities to the global needs of the oil and gas and petrochemical industries, including, but not limited to, oil and gas well blowouts and well fires as well as providing a complete menu of non-critical well control services.
Certain statements included in this news release are intended as "forward- looking statements" under the Private Securities Litigation Reform Act of 1995. Boots & Coots cautions that actual future results may vary materially from those expressed or implied in any forward-looking statements. More information about the risks and uncertainties relating to these forward- looking statements are found in Boots & Coots` SEC filings, which are available free of charge on the SEC`s web site at http://www.sec.gov .
Gruß Olli
Press Release Source: Boots & Coots International Well Control, Inc.
Boots & Coots Reports Second Consecutive Quarter of Positive Earnings
Friday August 8, 9:00 am ET
HOUSTON, Aug. 8 /PRNewswire-FirstCall/ -- Boots & Coots International Well Control, Inc. (Amex: WEL - News) reported today that revenues for the second quarter ending June 30, 2003, increased by 101% to $8.0 million as compared with revenue of $4.0 million for the same period of 2002. Revenues earned from Iraq related work were $4.4 million for the second quarter of 2003. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $2.9 million in the current period compared to a negative ($0.4 million) in the same period for the prior year. The Company`s income from continuing operations was $1.9 million for the current period (prior period $1.7 million loss) resulting in a net income for the current period of $1.9 million (prior period $7.2 million net loss). After deducting preferred stock dividends, net income attributable to Common Shareholders was $1.6 million for the current period compared to net loss of ($7.9 million) for 2002 three-month period. Basic and diluted earnings (loss) per share were $0.02 as compared to ($0.19) for the three-month comparable periods.
ADVERTISEMENT
For the six months ending June 30, 2003, revenue increased 137% to $19.0 million as compared with revenue of $8.0 million for the same period a year ago. Revenues earned from work in Iraq in the first two quarters of 2003 were $12.1 million (including a first quarter equipment sale of $6.6 million). In the current six-month period earnings before interest, taxes, depreciation and amortization (EBITDA) increased by $7.2 million to $7.1 million. The Company`s income from continuing operations was $5.2 million for the current six-month period (prior period $1.8 million loss) and its income from discontinued operations was $0.01 million (prior period $7.2 million loss) resulting in a net income for the current period of $5.2 million (prior period $9.0 million net loss). After deducting preferred stock dividends, net income attributable to Common Shareholders was $4.2 million for the six months ending June 30, 2003, versus a net loss of ($10.6 million) for the 2002 six-month period. Basic earnings (loss) per share were $0.06 as compared to ($0.25) for the six-month comparable periods. Diluted earnings (loss) per share were $0.05 as compared to ($0.25) for the six-month comparable periods.
Prevention revenues for 2003 second quarter and six months were significantly higher than the 2002 periods due to the service activity and associated first quarter equipment sale in Iraq. Response service revenues were dramatically higher than last year due to our continued involvement in Iraq.
Boots & Coots` CEO Jerry Winchester said, "We are very pleased with our second consecutive quarter of strong financial performance as we continue to drive growth opportunities and build shareholder value. We remain committed to taking advantage of any and all opportunities to contribute to the expansion and development of the prevention side of our business while sustaining our internationally proven response capabilities as we continue our work in Iraq and other areas around the globe."
Kirk Krist, Boots & Coots` Chairman of the Board, stated, "This is an exciting time for our Company as our initiatives and efforts materialize with another positive earnings report this year. It is gratifying to see the fruition of our hard work reflected in this earnings report. Management has stayed on course by focusing on the continued growth of the prevention segment of our business and remains committed to improving our balance sheet. We have confidence in our efforts and are proud of the strides we have made in these endeavors."
About Boots & Coots
Boots & Coots International Well Control, Inc., Houston, Texas, is a global emergency response company that specializes, through its Well Control unit, as an integrated, full-service, emergency-response company with the in- house ability to provide its expanded full-service prevention, response and restoration capabilities to the global needs of the oil and gas and petrochemical industries, including, but not limited to, oil and gas well blowouts and well fires as well as providing a complete menu of non-critical well control services.
Certain statements included in this news release are intended as "forward- looking statements" under the Private Securities Litigation Reform Act of 1995. Boots & Coots cautions that actual future results may vary materially from those expressed or implied in any forward-looking statements. More information about the risks and uncertainties relating to these forward- looking statements are found in Boots & Coots` SEC filings, which are available free of charge on the SEC`s web site at http://www.sec.gov .
Also ich finde die Zahlen auch eher enttäuschend! Klar, es ist ein Gewinn von 0,02 Dollar je Aktie erzielt worden. Im Gegensatz zum 1. Quartal ist das Ergebnis aber schlechter, denn da waren es 4 Cents. Auch der Umsatz ist gesunken.
Ich denke mal, dass dies der Grund für den Kursrückgang ist.
Alles in allem bestätigen diese Zahlen, dass die Träumerei ein Ende hat. Mir hat schon nicht gefallen, dass Schulden durch Ausgabe von Aktien getilgt wurden. Eigentlich sollte doch ein positiver Cash-Flow zur Schuldentilgung verwendet werden, oder?
Bleibe dennoch drin. Denn bei einem Gewinn aufs Jahr gerechnet von vielleicht 10 Cents sollten Kurse von über 0,50 USD nochmals drin sein. Mehr als 1 Dollar aber niemals.
Schönes WE
Best
Ich denke mal, dass dies der Grund für den Kursrückgang ist.
Alles in allem bestätigen diese Zahlen, dass die Träumerei ein Ende hat. Mir hat schon nicht gefallen, dass Schulden durch Ausgabe von Aktien getilgt wurden. Eigentlich sollte doch ein positiver Cash-Flow zur Schuldentilgung verwendet werden, oder?
Bleibe dennoch drin. Denn bei einem Gewinn aufs Jahr gerechnet von vielleicht 10 Cents sollten Kurse von über 0,50 USD nochmals drin sein. Mehr als 1 Dollar aber niemals.
Schönes WE
Best
@Best Topperformer
Die Zahlen wurden wirklich besser erwartet. Aber man muß auch folgendes sehen. Q1 Nettogewinn 1,9 Mio. Dollar mit 12 Mio. Dollar Umsatz. Q2 Nettogewinn 1,9 Mio. Dollar mit 8 Mio. Dollar Umsatz (also massive Kostensenkungsmaßnahmen haben zu dem Ergebnis geführt). Weiterhin wird heute ein Angebot für ein längerfristigen Irak-Vertrag mit der Regierung abgegeben, der die Zukunft von Boots and Coots sichern könnte.
Und dann gestern nach Börsenschluß die überraschende Meldung, daß Prudential 3,8 Mio. Dollar an Boots and Coots überwiesen hat. Der Kurs after hours stieg sofort auf 0,36 zu sehen unter nasdaq.com WEL after hours. Könnte dann doch heute zu einem Hype führen.
Die Zahlen wurden wirklich besser erwartet. Aber man muß auch folgendes sehen. Q1 Nettogewinn 1,9 Mio. Dollar mit 12 Mio. Dollar Umsatz. Q2 Nettogewinn 1,9 Mio. Dollar mit 8 Mio. Dollar Umsatz (also massive Kostensenkungsmaßnahmen haben zu dem Ergebnis geführt). Weiterhin wird heute ein Angebot für ein längerfristigen Irak-Vertrag mit der Regierung abgegeben, der die Zukunft von Boots and Coots sichern könnte.
Und dann gestern nach Börsenschluß die überraschende Meldung, daß Prudential 3,8 Mio. Dollar an Boots and Coots überwiesen hat. Der Kurs after hours stieg sofort auf 0,36 zu sehen unter nasdaq.com WEL after hours. Könnte dann doch heute zu einem Hype führen.
sehet und staunet, was den Kurs heute nach oben treiben wird.
Press Release Source: Boots & Coots International Well Control, Inc.
Boots & Coots International Well Control, Inc. Receives Cash Payment
Thursday August 14, 4:41 pm ET
HOUSTON, Aug. 14 /PRNewswire-FirstCall/ -- Boots & Coots International Well Control, Inc. (Amex: WEL - News) announced today that it received a payment of approximately $3.88 million from The Prudential Insurance Company of America on August 8, 2003, for short-swing liability under Section 16(b) of the Securities Exchange Act of 1934 that Prudential had inadvertently incurred in connection with certain sales of Boots & Coots` common stock and conversions of Boots & Coots` preferred stock effected by Prudential in March and July of this year. Prudential voluntarily notified Boots & Coots of the liability and simultaneously tendered payment in the full amount of the liability. Section 16(b) is a law that imposes strict liability for profits realized by, among others, 10% stockholders who purchase and sell, or sell and purchase the Company`s stock within any six-month period.
Jerry Winchester, the Company`s Chief Executive Officer stated: "While it is unfortunate that Prudential inadvertently incurred this liability, we are impressed with Prudential`s candor and prompt payment. Obviously, this is a significant unanticipated benefit to the Company."
Press Release Source: Boots & Coots International Well Control, Inc.
Boots & Coots International Well Control, Inc. Receives Cash Payment
Thursday August 14, 4:41 pm ET
HOUSTON, Aug. 14 /PRNewswire-FirstCall/ -- Boots & Coots International Well Control, Inc. (Amex: WEL - News) announced today that it received a payment of approximately $3.88 million from The Prudential Insurance Company of America on August 8, 2003, for short-swing liability under Section 16(b) of the Securities Exchange Act of 1934 that Prudential had inadvertently incurred in connection with certain sales of Boots & Coots` common stock and conversions of Boots & Coots` preferred stock effected by Prudential in March and July of this year. Prudential voluntarily notified Boots & Coots of the liability and simultaneously tendered payment in the full amount of the liability. Section 16(b) is a law that imposes strict liability for profits realized by, among others, 10% stockholders who purchase and sell, or sell and purchase the Company`s stock within any six-month period.
Jerry Winchester, the Company`s Chief Executive Officer stated: "While it is unfortunate that Prudential inadvertently incurred this liability, we are impressed with Prudential`s candor and prompt payment. Obviously, this is a significant unanticipated benefit to the Company."
versteh einer pru. ich nicht. nachbörslich wurden ca 780000 stücke gehandelt. nicht schlecht. noch jemand dabei?
auf Island 0,37 - keine verkäufer. noch jemand da? heute wirds vielleicht schon interessant.
Pre-Market
Last: $0.40 Pre-Market
Best Bid: N/A Pre-Market
High: $0.40
Pre-Market
Volume: 194,200 Pre-Market
Best Ask: N/A Pre-Market
Low: $0.35
Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
08.16 $ 0.40 1500
08.16 $ 0.40 1900
08.15 $ 0.40 3000
08.15 $ 0.40 2000
08.15 $ 0.40 2500
08.15 $ 0.40 2000
08.14 $ 0.40 300
08.14 $ 0.40 800
08.14 $ 0.40 1000
08.14 $ 0.40 700
08.13 $ 0.39 7400
08.13 $ 0.39 2200
08.13 $ 0.39 2700
08.13 $ 0.39 15000
08.13 $ 0.39 7200
08.11 $ 0.39 3000
08.11 $ 0.39 300
08.10 $ 0.39 1000
08.10 $ 0.39 2000
08.10 $ 0.38 5000
08.09 $ 0.39 3500
08.09 $ 0.39 900
08.09 $ 0.39 2000
08.08 $ 0.39 2500
08.07 $ 0.39 2500
08.07 $ 0.38 1000
08.07 $ 0.38 5000
08.07 $ 0.38 8900
08.07 $ 0.38 1000
08.07 $ 0.38 3900
08.07 $ 0.38 6000
08.06 $ 0.38 10000
08.05 $ 0.37 3000
08.05 $ 0.38 3900
08.05 $ 0.38 16500
08.05 $ 0.38 3000
08.05 $ 0.37 500
08.04 $ 0.38 5000
08.04 $ 0.38 500
08.04 $ 0.38 2500
08.04 $ 0.38 2500
08.04 $ 0.38 2500
08.04 $ 0.38 2500
08.04 $ 0.38 5000
08.03 $ 0.38 5000
08.03 $ 0.38 5000
08.03 $ 0.37 1000
08.03 $ 0.37 4000
08.02 $ 0.36 3200
08.02 $ 0.36 1800
wenn da mal nicht schon die shorties covern
Last: $0.40 Pre-Market
Best Bid: N/A Pre-Market
High: $0.40
Pre-Market
Volume: 194,200 Pre-Market
Best Ask: N/A Pre-Market
Low: $0.35
Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
08.16 $ 0.40 1500
08.16 $ 0.40 1900
08.15 $ 0.40 3000
08.15 $ 0.40 2000
08.15 $ 0.40 2500
08.15 $ 0.40 2000
08.14 $ 0.40 300
08.14 $ 0.40 800
08.14 $ 0.40 1000
08.14 $ 0.40 700
08.13 $ 0.39 7400
08.13 $ 0.39 2200
08.13 $ 0.39 2700
08.13 $ 0.39 15000
08.13 $ 0.39 7200
08.11 $ 0.39 3000
08.11 $ 0.39 300
08.10 $ 0.39 1000
08.10 $ 0.39 2000
08.10 $ 0.38 5000
08.09 $ 0.39 3500
08.09 $ 0.39 900
08.09 $ 0.39 2000
08.08 $ 0.39 2500
08.07 $ 0.39 2500
08.07 $ 0.38 1000
08.07 $ 0.38 5000
08.07 $ 0.38 8900
08.07 $ 0.38 1000
08.07 $ 0.38 3900
08.07 $ 0.38 6000
08.06 $ 0.38 10000
08.05 $ 0.37 3000
08.05 $ 0.38 3900
08.05 $ 0.38 16500
08.05 $ 0.38 3000
08.05 $ 0.37 500
08.04 $ 0.38 5000
08.04 $ 0.38 500
08.04 $ 0.38 2500
08.04 $ 0.38 2500
08.04 $ 0.38 2500
08.04 $ 0.38 2500
08.04 $ 0.38 5000
08.03 $ 0.38 5000
08.03 $ 0.38 5000
08.03 $ 0.37 1000
08.03 $ 0.37 4000
08.02 $ 0.36 3200
08.02 $ 0.36 1800
wenn da mal nicht schon die shorties covern
In Berlin schon 16.000 zu 0,35€
was geht den jetzt ab!!!
Hey tobito,
was geht denn jetzt ab? Ich habe immer noch kein Einblick im Amiland.(Bin im Büro)
Gruß
MP
was geht denn jetzt ab? Ich habe immer noch kein Einblick im Amiland.(Bin im Büro)
Gruß
MP
nachfrage steigend...
weiß jemand wann heute das meeting stattfindet?
akt. 0,37 us$
so - auch auf die gefahr hin hier den alleinunterhalter zu mimen : meeting vorbei - gute aussichten - neuer manager in sicht - reversesplit geplant
noch jemand ne meinung dazu?
noch jemand ne meinung dazu?
Hast Du auch Quellenangaben?
Gruß
MP
Gruß
MP
ja steht auf deren homepage
http://www.bncg.com unter news
http://www.bncg.com unter news
Aber Kurs fällt?????? wieso??
So lange Prudential so streut, wird der Kurs nicht steigen.
Bin auch investiert, aber die ganze Story stinkt zum Himmel...
Bin auch investiert, aber die ganze Story stinkt zum Himmel...
Wie das Wall Street Journal am Donnerstag berichtet, könnten die beiden amerikanischen Firmen Halliburton Co. und Bechtel Group Inc. im Irak mehr Aufträge erhalten als zunächst geplant.
Halliburton, der weltweit zweitgrößte Ölfeld-Dienstleister, soll den Angaben zufolge mehrere 100 Mio. Dollar mehr an Auftragsvolumen bekommen, als ursprünglich geplant. Es gehe dabei z.B. um die Wartung der irakischen Ölfelder.
Das Bauunternehmen Bechtel soll hingegen Aufträge in Höhe von 350 Mio. Dollar für Infrastruktur-Projekte erhalten haben. Dies seien 50 Prozent mehr als erwartet.
Die Halliburton-Aktie beendete den Handel am Mittwoch bei 23,14 Dollar
............könnte da nicht auch etwas für boots abfallen (Thema Sicherheit)?
Halliburton, der weltweit zweitgrößte Ölfeld-Dienstleister, soll den Angaben zufolge mehrere 100 Mio. Dollar mehr an Auftragsvolumen bekommen, als ursprünglich geplant. Es gehe dabei z.B. um die Wartung der irakischen Ölfelder.
Das Bauunternehmen Bechtel soll hingegen Aufträge in Höhe von 350 Mio. Dollar für Infrastruktur-Projekte erhalten haben. Dies seien 50 Prozent mehr als erwartet.
Die Halliburton-Aktie beendete den Handel am Mittwoch bei 23,14 Dollar
............könnte da nicht auch etwas für boots abfallen (Thema Sicherheit)?
kleine Wette,
ich sage, dass b&c am 31.12.2003 nicht unter 0,75$ steht und zwar ohne rs.
Ich warte auf Wetteinsätze.
Einer der an b&c glaubt und ne direkte Quelle aus dem Irag hat
ich sage, dass b&c am 31.12.2003 nicht unter 0,75$ steht und zwar ohne rs.
Ich warte auf Wetteinsätze.
Einer der an b&c glaubt und ne direkte Quelle aus dem Irag hat
@olliho Eine Quelle aus dem Irak? Hast Du auch noch eine für mich übrig?
Nix mehr los hier?
http://www.stockhouse.ca/news/news.asp?newsid=1883360&tick=
StockDiagnostics.com Has Issued a Cashless Earnings Warning For Boots & Coots
9/3/03
tockDiagnostics.com has issued a Cashless EPS Warning for Boots & Coots International Well Control, Inc. (AMEX:WEL) since it reported positive EPS (earnings per share) and negative OPS (operational-cashflow per share) for its most recent quarter ended June 30, 2003.
Boots & Coots reported EPS (Earnings Per Share) was $0.02 and its computed OPS TM (Operational-cashflow Per Share) for the quarter was $-0.01 per share. In the year earlier comparable quarter Boots & Coots generated EPS of $-0.18 and OPS of $-0.04. OPS for the most recent 12 months ended June 30, 2003 was $0.02 per share as compared to $-0.07 per share for the 12 months ended June 30, 2002.
The shares of Boots & Coots were recently trading at $0.32.
About Cashless EPS warnings u- StockDiagnostics.com issues Cashless EPSTM warnings for those companies that report positive EPS (Earnings Per Share) and negative OPS (Operational-cashflow Per Share). StockDiagnostics.com has found that a diagnosis of Cashless EPS may be a leading indicator of a change in the momentum of a company?s inherent or presumed financial health. During 2002, the shares of many companies including Sears (NYSE:S), General Dynamics (NYSE:GD), Winnebago (NYSE:WGO) subsequently declined by at least 50% after Cashless EPS warnings were issued.
About StockDiagnostics.com -- StockDiagnostics.com monitors 1,801 data points on over 10,000 publicly traded companies. It has a proprietary data refinery that automates the process of collecting, sorting and organizing large amounts of securities pricing and financial data into comparative financial ratios. These ratios are used to identify Financial Statement anomalies and securities pricing variances to monitor changes in the performance of public companies. Go to http://www.StockDiagnostics.com/marketnews for a description of StockDiagnostics.com`s patent-pending technical applications, such as OPS, OPS Ratings, The EPS Syndrome and more. Full details are available at http://www.StockDiagnostics.com/marketnews.
http://www.stockhouse.ca/news/news.asp?newsid=1883360&tick=
StockDiagnostics.com Has Issued a Cashless Earnings Warning For Boots & Coots
9/3/03
tockDiagnostics.com has issued a Cashless EPS Warning for Boots & Coots International Well Control, Inc. (AMEX:WEL) since it reported positive EPS (earnings per share) and negative OPS (operational-cashflow per share) for its most recent quarter ended June 30, 2003.
Boots & Coots reported EPS (Earnings Per Share) was $0.02 and its computed OPS TM (Operational-cashflow Per Share) for the quarter was $-0.01 per share. In the year earlier comparable quarter Boots & Coots generated EPS of $-0.18 and OPS of $-0.04. OPS for the most recent 12 months ended June 30, 2003 was $0.02 per share as compared to $-0.07 per share for the 12 months ended June 30, 2002.
The shares of Boots & Coots were recently trading at $0.32.
About Cashless EPS warnings u- StockDiagnostics.com issues Cashless EPSTM warnings for those companies that report positive EPS (Earnings Per Share) and negative OPS (Operational-cashflow Per Share). StockDiagnostics.com has found that a diagnosis of Cashless EPS may be a leading indicator of a change in the momentum of a company?s inherent or presumed financial health. During 2002, the shares of many companies including Sears (NYSE:S), General Dynamics (NYSE:GD), Winnebago (NYSE:WGO) subsequently declined by at least 50% after Cashless EPS warnings were issued.
About StockDiagnostics.com -- StockDiagnostics.com monitors 1,801 data points on over 10,000 publicly traded companies. It has a proprietary data refinery that automates the process of collecting, sorting and organizing large amounts of securities pricing and financial data into comparative financial ratios. These ratios are used to identify Financial Statement anomalies and securities pricing variances to monitor changes in the performance of public companies. Go to http://www.StockDiagnostics.com/marketnews for a description of StockDiagnostics.com`s patent-pending technical applications, such as OPS, OPS Ratings, The EPS Syndrome and more. Full details are available at http://www.StockDiagnostics.com/marketnews.
Boots & Coots discloses possibility of Chapter 11 filing
Boots & Coots International Well Control Inc. on Tuesday said the oilfield firefighting firm is considering the possibility of Chapter 11 bankruptcy protection.
The Houston company?s stock price tumbled after the announcement, falling by about a third to 32 cents per share as of midday Tuesday.
In a Tuesday morning press release disclosing the potential bankruptcy filing, the oilservice firm also announced an enhanced working capital position. Under a short-term working capital loan that had recently been in dispute, Checkpoint Business Inc. now has agreed to provide an advance to Boots & Coots, according to the news release.
On Jan. 31, Checkpoint alleged that Boots & Coots was in default under a loan agreement for up to $1 million in short-term working capital.
However, the Tuesday press release also discloses that Checkpoint has presented a proposal to restructure Boots & Coots via a voluntary Chapter 11 bankruptcy filing. The firefighting firm also said this new proposal envisions "the cancellation of Boots & Coots common equity as part of the bankruptcy process."
The board of directors of Boots & Coots is considering the Checkpoint proposal and possible alternatives to it, but a decision has not been reached, according to the press release.
Boots & Coots last November filed Securities & Exchange documents that acknowledged the possibility of bankruptcy.
From a closing price of 49 cents Monday, Boots & Coots shares plunged as low as 25 cents during the first half of the Tuesday trading session. Shares closed Tuesday`s session down 15 cents, or about 31 percent, at 34 cents.
Amid the mounting drumbeat of a potential war with Iraq, the stock had jumped tenfold from a 52-week low of 6 cents on Oct. 1 to a 52-week high of 60 cents earlier this year.
If Iraq torches oil wells, Boots & Coots is among few U.S. firms with extensive experience in dousing such a blaze. In the Gulf War during Desert Storm just over a decade ago, Iraq torched many Kuwaiti oil wells as Iraqi soldiers pulled out of Kuwait. Boots & Coots was among a handful of firms that were credited for extinguishing a majority of the fires
Boots & Coots International Well Control Inc. on Tuesday said the oilfield firefighting firm is considering the possibility of Chapter 11 bankruptcy protection.
The Houston company?s stock price tumbled after the announcement, falling by about a third to 32 cents per share as of midday Tuesday.
In a Tuesday morning press release disclosing the potential bankruptcy filing, the oilservice firm also announced an enhanced working capital position. Under a short-term working capital loan that had recently been in dispute, Checkpoint Business Inc. now has agreed to provide an advance to Boots & Coots, according to the news release.
On Jan. 31, Checkpoint alleged that Boots & Coots was in default under a loan agreement for up to $1 million in short-term working capital.
However, the Tuesday press release also discloses that Checkpoint has presented a proposal to restructure Boots & Coots via a voluntary Chapter 11 bankruptcy filing. The firefighting firm also said this new proposal envisions "the cancellation of Boots & Coots common equity as part of the bankruptcy process."
The board of directors of Boots & Coots is considering the Checkpoint proposal and possible alternatives to it, but a decision has not been reached, according to the press release.
Boots & Coots last November filed Securities & Exchange documents that acknowledged the possibility of bankruptcy.
From a closing price of 49 cents Monday, Boots & Coots shares plunged as low as 25 cents during the first half of the Tuesday trading session. Shares closed Tuesday`s session down 15 cents, or about 31 percent, at 34 cents.
Amid the mounting drumbeat of a potential war with Iraq, the stock had jumped tenfold from a 52-week low of 6 cents on Oct. 1 to a 52-week high of 60 cents earlier this year.
If Iraq torches oil wells, Boots & Coots is among few U.S. firms with extensive experience in dousing such a blaze. In the Gulf War during Desert Storm just over a decade ago, Iraq torched many Kuwaiti oil wells as Iraqi soldiers pulled out of Kuwait. Boots & Coots was among a handful of firms that were credited for extinguishing a majority of the fires
Beitrag 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.
Meistdiskutiert
Wertpapier | Beiträge | |
---|---|---|
104 | ||
74 | ||
71 | ||
52 | ||
42 | ||
30 | ||
23 | ||
22 | ||
21 | ||
19 |
Wertpapier | Beiträge | |
---|---|---|
18 | ||
15 | ||
15 | ||
13 | ||
13 | ||
13 | ||
13 | ||
13 | ||
12 | ||
12 |