Neuer Insolvenz-Zock
15.06.09 16:12
#1
butzerle
Neuer Insolvenz-Zock
Six Flags hat Chapter 11 angemeldet. Kurse tauchen ab.
CEO will erst mal keine Stellen streichen. Spricht nur davon, umzustrukturieren. Altaktionäre sollen 8% des neuen Stocks erhalten.
1 Milliarde Umsatz pro Jahr, also spannender Zocktitel.
Habe mal 3000 Stück zu knapp unter 17c in den USA gekauft
CEO will erst mal keine Stellen streichen. Spricht nur davon, umzustrukturieren. Altaktionäre sollen 8% des neuen Stocks erhalten.
1 Milliarde Umsatz pro Jahr, also spannender Zocktitel.
Habe mal 3000 Stück zu knapp unter 17c in den USA gekauft
15.06.09 16:29
#2
butzerle
Hier mal auf detusch eine aktuelle Meldung
Six Flags beantragt Gläubigerschutz
15.06.2009
aktiencheck.de
New York (aktiencheck.de AG) - Die Six Flags Inc. (ISIN US83001P1093 / WKN 866433), der zweitgrößte Themenparkbetreiber in den USA, meldete am Samstag, dass sie und bestimmte Tochtergesellschaften einen Antrag auf Gläubigerschutz nach Chapter 11 gestellt haben.
Den Angaben zufolge ersucht der Konzern in Zusammenhang mit dem jüngsten Antrag die erwartete Genehmigung des Bankruptcy Court für seinen zuvor ausgehandelten Sanierungsplan. Die Verbindlichkeiten belaufen sich auf 2,4 Mrd. Dollar, hieß es.
Laut dem Konzern, der 30.000 Mitarbeiter beschäftigt, hat der jüngste Schritt keine Auswirkungen auf das Tagesgeschäft. Six Flags betreibt 20 Themenparks in den USA, Mexiko und Kanada.
Die Aktie von Six Flags schloss am Freitag an der OTC bei 0,26 Dollar. (15.06.2009/ac/n/a)
15.06.2009
aktiencheck.de
New York (aktiencheck.de AG) - Die Six Flags Inc. (ISIN US83001P1093 / WKN 866433), der zweitgrößte Themenparkbetreiber in den USA, meldete am Samstag, dass sie und bestimmte Tochtergesellschaften einen Antrag auf Gläubigerschutz nach Chapter 11 gestellt haben.
Den Angaben zufolge ersucht der Konzern in Zusammenhang mit dem jüngsten Antrag die erwartete Genehmigung des Bankruptcy Court für seinen zuvor ausgehandelten Sanierungsplan. Die Verbindlichkeiten belaufen sich auf 2,4 Mrd. Dollar, hieß es.
Laut dem Konzern, der 30.000 Mitarbeiter beschäftigt, hat der jüngste Schritt keine Auswirkungen auf das Tagesgeschäft. Six Flags betreibt 20 Themenparks in den USA, Mexiko und Kanada.
Die Aktie von Six Flags schloss am Freitag an der OTC bei 0,26 Dollar. (15.06.2009/ac/n/a)
15.06.09 18:52
#3
butzerle
doch Stellenstreichungen....
aber erst mal bleiben alle Parks offen.
Bin schon wieder draußen, aber Kurs hält sich um die 17c im Moment
Bin schon wieder draußen, aber Kurs hält sich um die 17c im Moment
15.06.09 23:47
#4
butzerle
Bill Gates hat da 100 Millionen verbrannt....
auch Citigroup und Barclays können Millionen abschreiben
Big Investors Get Sick on Six Flags Bankruptcy
06/15/09 - 12:32 PM EDT
SIXF , DIS Scott Eden
Like riding a roller coaster on a stomach full of corn dogs, the bankruptcy of Six Flags(SIXF Quote) has no doubt nauseated a group of big-time investors.
More on SIXF Market Activity Six Flags Incorporated| SIXF DOWNThere's Dan Snyder, owner of the Washington Redskins, who won control of Six Flags back in 2005 and now serves as its chairman; and Bill Gates, who owns more than 11% of the company's stock through his personal investment vehicle, Cascade Investment. Then there's billionaire hedge-fund manager James Simons, whose famed Renaissance Technologies owns 5.5%. Soon enough, however, the past tense will likely be necessary: owned. After Six Flags emerges from Chapter 11, which it filed for on Saturday, creditors will likely seize ownership of the entire company.
Despite record revenue and attendance in 2008, Six Flags hasn't earned a profit in a decade, and the bankruptcy culminates a long-term bet that went sour for the duo of Snyder and Gates, especially.
Gates' Cascade first bought into Six Flags in the summer of 2002, acquiring about 8 million shares when the stock traded between about $12 and $18. (Even if Cascade bought at the low end of that range, the shares cost just shy of $100 million.) Cascade later increased its stake to 10.2 million shares.
Snyder didn't come in until 2004, when he reportedly spent about $34 million on 8.8 million shares. (Though his stake is now 5.6 million shares, or nearly 6%.)
Soon, both Snyder and Gates went from passive to active investors, filing SEC documents expressing their dissatisfaction and agitating for changes in the company's strategy, and in its boardroom.
They got what they wished for with Snyder's proxy victory in 2005. Snyder installed an ESPN executive named Mark Shapiro as chief executive. Under the new leadership, the company unloaded 10 under-performing parks, cut costs and made a concerted effort to clean up its properties in a bid to lure higher-spending families, much like rival Disney(DIS Quote).
More on SIXF Market Activity Six Flags Incorporated| SIXF DOWNBut the company had for years been laboring under a heavy debt load -- $2.4 billion worth when it filed for bankruptcy -- brought on mostly by prior management, Shapiro and Snyder have maintained, who engaged in an expensive game of thrill-ride one-upmanship with rival theme parks, each battling to have the tallest, fastest coasters in the land. For Snyder and Gates, the ride ends with senior-secured lenders getting 90% of the company and bondholders getting the rest. The reorganization, already negotiated but pending court approval, will dispatch with $1.8 billion in debt and a payment of $300 million owed to preferred stockholders. Six Flags, which only has about $200 million in cash, had been trying to convince those creditors to trade debt for equity, but ultimately failed to do so, leading to Saturday's bankruptcy.
Other large Six Flag holders include Citigroup, with 9%, the UK's Barclays, with 6.7% of the company's shares, Oz Management, with 2%, and State Street, with 1.3%.
http://www.thestreet.com/story/10515683/2/...ix-flags-bankruptcy.html
Big Investors Get Sick on Six Flags Bankruptcy
06/15/09 - 12:32 PM EDT
SIXF , DIS Scott Eden
Like riding a roller coaster on a stomach full of corn dogs, the bankruptcy of Six Flags(SIXF Quote) has no doubt nauseated a group of big-time investors.
More on SIXF Market Activity Six Flags Incorporated| SIXF DOWNThere's Dan Snyder, owner of the Washington Redskins, who won control of Six Flags back in 2005 and now serves as its chairman; and Bill Gates, who owns more than 11% of the company's stock through his personal investment vehicle, Cascade Investment. Then there's billionaire hedge-fund manager James Simons, whose famed Renaissance Technologies owns 5.5%. Soon enough, however, the past tense will likely be necessary: owned. After Six Flags emerges from Chapter 11, which it filed for on Saturday, creditors will likely seize ownership of the entire company.
Despite record revenue and attendance in 2008, Six Flags hasn't earned a profit in a decade, and the bankruptcy culminates a long-term bet that went sour for the duo of Snyder and Gates, especially.
Gates' Cascade first bought into Six Flags in the summer of 2002, acquiring about 8 million shares when the stock traded between about $12 and $18. (Even if Cascade bought at the low end of that range, the shares cost just shy of $100 million.) Cascade later increased its stake to 10.2 million shares.
Snyder didn't come in until 2004, when he reportedly spent about $34 million on 8.8 million shares. (Though his stake is now 5.6 million shares, or nearly 6%.)
Soon, both Snyder and Gates went from passive to active investors, filing SEC documents expressing their dissatisfaction and agitating for changes in the company's strategy, and in its boardroom.
They got what they wished for with Snyder's proxy victory in 2005. Snyder installed an ESPN executive named Mark Shapiro as chief executive. Under the new leadership, the company unloaded 10 under-performing parks, cut costs and made a concerted effort to clean up its properties in a bid to lure higher-spending families, much like rival Disney(DIS Quote).
More on SIXF Market Activity Six Flags Incorporated| SIXF DOWNBut the company had for years been laboring under a heavy debt load -- $2.4 billion worth when it filed for bankruptcy -- brought on mostly by prior management, Shapiro and Snyder have maintained, who engaged in an expensive game of thrill-ride one-upmanship with rival theme parks, each battling to have the tallest, fastest coasters in the land. For Snyder and Gates, the ride ends with senior-secured lenders getting 90% of the company and bondholders getting the rest. The reorganization, already negotiated but pending court approval, will dispatch with $1.8 billion in debt and a payment of $300 million owed to preferred stockholders. Six Flags, which only has about $200 million in cash, had been trying to convince those creditors to trade debt for equity, but ultimately failed to do so, leading to Saturday's bankruptcy.
Other large Six Flag holders include Citigroup, with 9%, the UK's Barclays, with 6.7% of the company's shares, Oz Management, with 2%, and State Street, with 1.3%.
http://www.thestreet.com/story/10515683/2/...ix-flags-bankruptcy.html
16.06.09 15:10
#6
butzerle
habe es ja gestern mal kurz gewagt
mit 500 Dollar. Nach einer Stunde per SL aber wieder draußen.
Immerhin 11 Euro Gewinn mitgenommen. Könnte mir vorstellen, dass nun nach der Insolvenzmeldung heute noch einige der institutionellen Anleger abladen werden.
Ab nächster Woche dürfte die Aktie dann ganz den Zockern überlassen werden :)
Immerhin 11 Euro Gewinn mitgenommen. Könnte mir vorstellen, dass nun nach der Insolvenzmeldung heute noch einige der institutionellen Anleger abladen werden.
Ab nächster Woche dürfte die Aktie dann ganz den Zockern überlassen werden :)
16.06.09 22:27
#7
butzerle
auf 20c heute gestiegen, nicht schlecht
und gerade zum Handelsschluss den Peak gesetzt, hätte damit nicht gerechnet...
17.06.09 16:29
#8
butzerle
Sixflags steigt wie blöde....
24c nun.
Mist, bei 18 raus, nach dem EK von 16,8. Aber wer kann es ahnen....
Mist, bei 18 raus, nach dem EK von 16,8. Aber wer kann es ahnen....
18.06.09 00:54
#9
butzerle
+25% Tagesgewinn heute
hmmmm..... will auch mal wieder schnelle 50% machen, schade, hier habe ich die Chance vertan