unterbewerteter US-Transportgigant!
...und würde es nicht Gier nennen, wenn bei $5 nicht verkauft wurde. In YRC steckt enormes Potenzial und davon gehen doch viele aus. Da will man bei $5 (MK von lächerlichen $ 240 Mio.) die Aktien nicht hergeben. Dass nun der Kurs seit letztem Freitag so enorm gefallen ist, erstaunt glaube ich jeden von uns. Davon konnte man wirklich nicht ausgehen, dass eine Woche später der Kurs von höchst $ 5.24 am 04.02.2011 nun auf $ 3.58 steht (das macht eine MK-Differenz von $ 79 Mio.). Ich bin auch der Meinung, dass hier ganz schön gesteuert wurde.
Wenn ich mir so meine Gedanken zum Unternehmen YRC mache, dann stelle ich den physischen Wert von Holland, Yellow, Roadway etc. mit dem aktuellen Aktienkurs gegenüber. Diese Truckers haben ein riesen Netzwerk und ich begegne diesen Trucks in den USA ständig auf den Strassen. Dieser Vergleich - physische LKWs mit berühmtbeliebten Labels vs. Aktienkurs YRC - dann staune ich nur, wie tief die Aktie gefallen war. Umgekehrt gesagt, besteht enormes Aufholpotenzial. Das lässt doch aufhorchen und daran glauben. Da ist nichts Falsches dabei.
Ich meine, der CEO sollte unbedingt ersetzt werden und die Restrukturierung in den nächsten Wochen beendet werden, dann kann es nur aufwärts gehen, ansonsten kommt irgendwann mal die Börsenaufsicht ins Spiel.
Da ist viel Wahres daran, was Du schreibst. Aber an dem Kurs wird ja nicht erst seit letzter Woche gedreht, sondern schon viel viel länger - erst Recht nach dem Absturz bis auf 10 US-cent vor R/S. Die rd. 170 Mio.$ Maktkapitalisierung, die yrcw aktuell hat, haben doch heutzutage sehr, sehr viele Big Player in der Portokasse und um den Kurs zu drehen, braucht man noch viel weniger flüssige Mittel als 170 Mio. Traurig, aber wahr und das gilt nicht nur für yrcw sondern für eine beachliche Vielzahl von börsennotierten Unternehmen - ist eben längst nicht mehr alles so, wie es früher war! Deshalb muß man diese Entwicklung bei seinen Überlegungen hier zu investieren miteinbeziehen.
Die Frage ist: Warum ist die MK so niedrig? Richtig - weil der Aktiekurs im Keller ist. Und warum? Richtig, weil keiner Vetrauen in die Geschäftspolitik von YRC hat, und hier fällt in den US-Foren immer der Name Zollars.
Und es ist auch immer das Gleiche, wenn Analystenreports veröffentlicht werden. Die guten werden sofort hochgelobt und in´s Forum gestellt, die negativen sofort in die Tonne.
Die letzten Quartalzahlen haben sich gegenüber den jeweiligen Vormonatszahlen zwar leicht(und nicht mehr) verbessert, aber um welchen Preis?
Aussetzung der Pensionszahlungen, erneute Lohnkürzungen, Asset-Verkäufe in Mio-Höhe und ein Restrukturierungsplan, bei dem die Teamsters mit im Boot sitzen.
Und das letzte Ergebnis: Ein leichtes Plus, zustandegekommen durch Steuererstattungen. Das soll Vertrauen schaffen?
Aber da sind ja noch die Shorter und die Marketmakers, die man bei fallenden Kursen immer noch verantwortlich machen kann - und die ach so bösen Rating Agenturen.
Schaut mal auf die Nasdaq-Seite von YRC(http://www.nasdaq.com/asp/...selected=YRCW&FormType=Institutional ), wer alles von den Instis abgesprungen ist.
Und die handeln meist nicht nach Vertrauen, sondern nach Fakten.
Ich hab auch immer wieder geschmissen, und dann wieder neu gekauft, wenn´s vermeintlich gute News gab. Alles daneben gegangen. Hier durchzuhalten bis zum zum "geht nicht mehr" mag ja des einen oder anderen Strategie sein - meine schon lange nicht mehr.
Optionen
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Wertpapier: Yellow Corp |
Wenn ich mir die Insobuden anschaue, wie die gezockt werden, ohne Fakten und Vertrauen, ist YRC noch eine Goldgrube.
Aber auch BOI,man soll es nicht glauben, ist ein Spielball von Zockern (0,32-0,40) Range.
Bei allen Ratingagenturen wird auf das hohe Risiko hingewiesen, aber auch das hohe Potential von YRC genannt.
Das hier auch eine Portion Glück zum Erfolg nicht fehlen darf, ist bekannt.
Blauwal
deine etwas andere Intelligenz, gepaart mit Naivität 
Ähem, das hab ich jetzt mal überlesen
, da sind andere wohl die passenderen Adressaten.
Resiganation? Bei BOI war ich nie drin, WaMu hab ich noch nicht vollständig abgeschrieben(Prefs) - bleibt YRC.
Schau Dir die Mitbewerber an(Werner, UPS, Con-Way), die mittlerweile fast aus dem Tal der Tränen wieder raus sind, und das ohne die Riesenzugeständnisse der Teamsters.
Ich hab schon häufiger bei vermeintlichen Tiefstständen gekauft und bin trotzdem immer grandios gescheitert. Nein - ich werde die Bodenbildung mit Geduld erwarten, und dann schaunwirmal.
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Wertpapier: Yellow Corp |
Posted on 11 February 2011. This article was written by: Sam Fallen
Current support rests at the $3.35 price level, and a trend line, drawn from the low of $2.53 which is now roughly 15 cents away from today’s close.
http://newsfuzion.com/2011/02/11/yrc-worldwide-inc-nasdaqyrcw-stock-closes-under-50-sma/
Trading Analysis for YRC Worldwide Inc. (YRCW) Shares of YRCW closed at $3.67 in the previous trading session and opened today at $3.67. YRC Worldwide Inc. settled the day down $0.09 to $3.58 in the trading session. The day's trading range is between $3.50 and $3.75 respectively. On the volume side, 3,048,943 shares were traded which is greater than the average volume of 1,996,400 shares. YRCW is trading below the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $2.50 and 52 week high is $20.00.
View Best Performing Stocks
Price Performance Metrics for YRC Worldwide Inc.:
-- Week: -20.09%
-- Month: 1.70%
-- Quarter: -7.49%
-- 6 Month: -50.62%
-- Year: -74.43%
http://finance.mpr.org/mpr/action/linkout?URL=http%3A%2F%2Fwww.marketintellisearch.com%2Farticles%2F1103361.html&Title=Trading+Analysis+for+YRC+Worldwide+Inc.+%28YRCW%29
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hoffen wir alle das an Ende so ist ...
YRC: Zollars' omission from internal memo "not significant"
Absence from recent YRC communiqués has fueled speculation of CEO's imminent departure.
The chairman and CEO of less-than-truckload (LTL) carrier YRC Worldwide Inc., William D. Zollars, was not included among the top YRC executives who circulated a Feb. 4 internal memo discussing the company's latest financial results, an omission that fuels speculation that Zollars is about to be eased out.
The memo, distributed by YRC's self-styled "senior leadership team," identified six top executives, among them Sheila Taylor, YRC's executive vice president, CFO, and treasurer; Mike Smid, president of YRC Inc. and COO of YRC Worldwide; and Greg Reid, executive vice president and chief marketing officer. Zollars' name was not among the group.
In addition, Zollars was absent from a Feb. 4 company press release announcing its fourth-quarter results. Instead, Taylor was the executive quoted in the statement. Until the Feb. 4 announcement, Zollars had provided the commentary that accompanies YRC's quarterly financial communications.
A YRC spokeswoman said "there is no significance" to either development, noting that Zollars has participated in a recent analyst call and a separate video to discuss the company's financial results. YRC is the nation's largest LTL carrier by sales.
Indeed, Zollars was present at a Feb. 7 town hall meeting where top management fielded questions from employees. According to internal notes from the meeting, Zollars said the fourth- quarter results were "in-line with what we expected to see." He also said overall volumes remain "stable" and that traffic at the company's three regional units "continues to grow." The claim was supported by Jeff Rogers, president of Holland, one of the regional units, who said strong volumes combined with a shortage of qualified drivers have forced the unit to turn away business from certain shippers to "avoid putting other business at risk."
Last September, YRC and the leadership of the Teamsters union, which represents about 25,000 YRC workers, struck a deal calling for union members to make additional wage and benefit concessions. In return, Zollars, who has run YRC since 1999, would retire once the company's financial restructuring, which was called for as part of the labor agreement, was completed and a new CEO was named. The rank and file ratified the agreement in late October.
Labor sources said Zollars' departure was a pre-condition to the union's accepting any contract proposals. The company eventually announced that Zollars would retire and that it was looking both within and outside the company for a successor. Zollars, whose contract was up for renewal at the end of 2010, was expected to stay until the restructuring was completed. However, there is no firm deadline for that to happen.
http://www.dcvelocity.com/articles/...ulation_over_yrc_ceo_departure/
Short Interest = 6,891,500
Days To Cover = 2.514408
http://www.nasdaq.com/aspxcontent/...amp;symbol=CIT&selected=YRCW
Kommt darauf an, in wie weit YRC davon profitiert hat...
Spot market truckload freight volume shot up 62 percent year-over-year in January, according to the TransCore North American Freight Index, setting a new record.
It was the highest volume on record for the month of January, and the seventh straight month when year-over-year volumes exceeded the record levels of 2005.
Load availability last month lagged December by only 2.8 percent, compared with an average 15 percent decline from December to January over the past decade.
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By The Numbers: Cass Freight Index
And while dry van, refrigerated and flatbed spot market rates fell slightly from December, truck pricing was significantly higher than a year ago, TransCore said.
Spot van rates increased 14 percent from a year ago in January, flatbed rates were 11 percent higher and spot rates for refrigerated trucks were up 6 percent.
The TransCore index is based on data from the company's DAT Network, which helps match more than 60 million loads and trucks a year in the U.S. and Canada.
Combined with the results of other indices, TransCore's data point to a more than usually resilient economy in the first months of 2011 despite record storms.
The Ceridian-UCLA Pulse of Commerce Index this week reported a slight dip in trucking activity in January but a 3.4 percent year-over-year improvement.
Other industrial indices show retail sales rose 4.8 percent in January and U.S. manufacturing activity increased for the seventh consecutive month.
-- Contact William B. Cassidy at wcassidy@joc.com.
http://www.joc.com/trucking/spot-freight-truck-rates-rise-january
diesen Key Test verlauf verfolgen würde...
Nach der Extreme Manipulation der letzten Tage..
YRC Worldwide Passes This Key Test
By Seth Jayson | More Articles
February 10, 2011
http://www.fool.com/investing/general/2011/02/10/...his-key-test.aspx
Mir ist aufgefallen das die Shorts angefangen haben zu Covern..
http://www.nasdaq.com/aspxcontent/...amp;symbol=CIT&selected=YRCW
Das scheint eine positive Entwicklung zu sein...
Abwarten...
Ist doch jedem klar das was die lezten tage abgelaufen ist, nicht mit rechten Dingen zugegangen ist...
Das ganze erinnert mich immer noch stark damals an AIG.. Ist aber nur meine Meinung....
The US trade deficit stood at $40.6 billion in December, up about 6% from $38.3 billion. Comparing the trade deficit data with Oil prices, we can see they moved in lockstep since Oil started its descent from its bubble days. This correlation continued all the way down to $30 Oil in late 2009, and on its way back up to the present. With a certain level of certainty, you can be sure that whichever way you see Oil prices headed determines your view of how the trade deficit will play out too.
This makes things a lot easier. Think about all the time you’ll save not having to listen to politicians and pundits rants about trade and protectionism. All the talk of opening up free trade with closed nations so we can increase exports, and unions trying to protect American workers – it’s kind of filler isn’t it? Even the notion of China unfairly keeping the Yuan undervalued to maintain an upper hand in trade becomes just an extra story. It is worrisome that the annual trade deficit with China is over $273 billion, an all time high, but in the aggregate, it’s all just Oil prices. At 11 billion barrels consumed a day, we send more than $30billion/month overseas for Oil. That’s easily more than the China deficit.
President Obama set a goal in his State of the Union of doubling American exports in the next 5 years. Perhaps he should just look for ways to break that correlation between Oil and the trade deficit. I can’t help but think that if we keep oil prices down, then the trade deficit problem takes care of itself. Now, there are a few ways to do this – get a stronger dollar by having the Fed put the brakes on the $600 billion debt-buying campaign. Or, focus on alternative energy and energy efficiency to lessen our demand for oil. The strength of the dollar is a double-edged sword. Too strong and we lose our new-found competitiveness on exports, too weak and Oil prices keep driving the trade gap higher. But energy efficiency is easily possible – in cars, in homes, etc.
Using the HiddenLevers macro-trend screener, I discovered a couple good ideas to play a downward tick in Oil prices: YRC Worldwide (YRCW), Green Plains Renewable Energy (GPRE).
Macro Profile for YRC WORLDWIDE INC (YRCW)
The economic levers below are correlated with YRCW, and may affect its performance.
YRCW Impact
Retail Sales 
Strong Positive
Purchasing Managers Index Strong Positive
S&P 500 Strong Positive
Oil 
Strong Negative
http://seekingalpha.com/article/...rd-tick-in-oil-prices?source=yahoo
*ATTN:YRCW AIRLINES/THIS IS YOUR CAPTAIN SPEAKING! 3-Feb-11 11:36 pm On behalf of myself and the rest longs crew.
We would like to welcome you aboard YRCW airlines flight to infinity and beyond.
With service from 4.40 to the high double digits.Our flight time is approx, we will be heading north @ an unbelievable speed. We have excellent visibility, some scattered shorts and the temp is 27.00-33.00$ degree$.
my navigator & staff assured me we have huge smooth flight ahead!!! Sit back relax enjoy your flight & Once Again Welcome Aboard..YRCW AIRLINES..
Sentiment : Strong Buy
http://messages.finance.yahoo.com/...p;mid=343793&tof=5&frt=2
Das ist einer der hirnlosensten Pusher überhaupt bei Yahoo!
vielleicht beispiele andere firmen anzuschauen,wie sie sich muehsam wieder auf gerappelt haben,immer wieder nahe des bankrottes waren,und heute dastehen,wie nichts gewesen waere,aber alles nach einer laengeren zeit der restruktuierung,vieln entlassunngen, firmenschliessungen usw...,,da erinnerte ich mich an SMURFIT STONE CONTAINER,eine firma ,die papier herstellt..war selbst investiert,,und habe diese aktie abgestossen, noch mit einem kleinen gewinn,nur weil ich verärgert war, ich will damit sagen,dass dies mir mit yrcw nicht passieren wird,, gebt dieser firma zeit,,,,ob jetzt manipuliert wird ,oder auch nicht,,ärgert zwar,,bringt uns auch nicht weiter,,wir als kleine aktionäre koennen sowiso nichts dagegen tun
YRC Wolrdwide Inc. (YRCW) was and still is one of the largest trucking companies in the world. The company specializes in logistics for customers who require less than a full load (LTL) to be delivered. For example, if you are a business that needs to transport one or two palettes of merchandise across the country, YRC will simply aggregate your shipment with other similar shipments and transport them together in a single truck. You know all those Yellow Roadway trucks you usually see on American and Canadian highways? That's YRC.
Due to some badly-timed acquisitions and taking on too much debt, the company almost went bankrupt last year. Almost. Management was able to do a large debt for equity swap (which diluted shareholders by 95%) and renegotiate labour deals with the Teamsters Brotherhood union. As such, the company narrowly avoided liquidation.
YRC is still losing money and is actively restructuring its balance sheet, but it seems to be making a comeback. It’s trading cheap at less than $5 per share, around a market cap of $200 million. The company is regaining many of the clients that it lost last year because of bankruptcy concerns, and from an EBITDA perspective is showing signs of profitability. This is a company with good hard assets and a strong brand. The stated enterprise value is $1.15 billion, which would translate to a share price of $24.
So, why are shares trading so cheaply?
Well, the union concessions it received are conditional to the company being able to raise an additional $300 million in liquidity by February 28, 2011. Management has not given many hints as to whether or not they will be able to do this. With a share price now in the mid-$3 range, it would have to issue over 80 million shares in order to raise that much equity. Currently the company has about 45 million shares outstanding, and an indicated maximum allowable limit of 80 million. The probable outcome will be that the company only issues 35 million shares (thereby not exceeding its allowable limit) and raises the remainder with a secured debt offering or with current debt holders taking a haircut. It's a complicated process, and there are no guarantees that it will actually get done. It is precisely because of this uncertainly that the shares are trading at these low levels.
Let's not kid ourselves, if the company fails to raise the extra liquidity by the end of the month, the stock will fall to zero and the company goes bankrupt. But in a bankruptcy situation, everybody, including the unions, and senior debt holders are heavily damaged. As such, it is in their best interest to keep the company as a going concern and to take the necessary steps to raise additional liquidity without triggering a Chapter 11 filing.
Should the company successfully restructure its balance sheet and raise the necessary liquidity, share price gains would likely be quick and substantial. In this kind of a scenario, given the company's strong brand and enterprise value, you could see shares at $20 within a year based purely on the company's hard asset value and free cash flow generating potential.
Also of note, shares have recently come under considerable selling pressure. This is likely because of strong institutional short selling as large investors looking to underwrite the equity offering are trying to lower the share price as much as possible in order to gain a larger proportion of the company at the time of the offering. From this perspective, we actually think that the intense selling pressure is a positive sign as it indicates that the underwriters are working on a deal and actively trying to lower the stock price in order to maximize their equity proportion of the offering.
This is the kind of speculative investment which is like a gamble: if you play it, only use a very small proportion of your portfolio. It's a risky bet, but it has a good chance of working out, and if it does, the payoff should be great.
While we never mention the composition of our partnership fund, we are actively following developments in the company, and believe that it offers a good risk to reward opportunity. Although this is not typically the type of company which we invest in, we take note of a good opportunity when it presents itself.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in YRCW over the next 72 hours.
http://seekingalpha.com/article/...ide-a-calculated-risk?source=yahoo