mercredi 19 novembre 2008

Go to private



TSCM.nasdaq

Le meilleur site internet d'information boursière est à son plus bas "à vie".
Pourquoi ? Pas de raisons particulières....seulement que le marché est "bearish" et que rien ne va plus.....nulle part !!

L'actionnaire et principal employé est Jim Cramer.

La compagnie à un market cap ( valeur boursière) de 92 Millions et 78 millions en "cash"; pas de dette en plus de payer 2.5 cents de dividendes par action par 3 mois.....qui vaut 10 cents par année par action.
3.2% not bad at all
Il font du profit...aussi!

Un p'tit bijou.......mais pas pour longtemps.

La rumeur dit que le management en a plein son "cass" et pense que si les investisseurs ne veulent plus rien savoir....eux il vont "virer" ça en compagnie privée......donc ils vont faire un rachat de tout les actions.

"TheStreet has some expenses that would disappear if it was private. The company has a dividend of $.10 a year. It has a float of almost 30 million shares. Its costs for being public are probably in the arena of $2 million. Jim Cramer makes $1.3 million a year, and that goes up each of the next two years. Aside from operating cost cuts, there may be $7 million in savings if TSCM were private. Take out 10% of operating expenses and the number could go as high as $14 million. That probably give TSCM enough cash-flow to support the cost of buying out its public shareholders.
The issue is what the management would have to pay to go private. At a 50% premium, the number would be $4.50 a share, making the total price $135 million. With all of the costs that could be cut, if the stock goes much lower, the case for going private gets attractive "


L' Offre serais de 4.50$ pour que ça passe chez les actionnaires......THESTREET.COM à fermé à 2.98$ en ce mercredi pm.


Aucun commentaire: