| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 583.1 | Any clue on why it is so low ? | NYOS02::SRINIVASAN | | Wed Nov 17 1993 17:20 | 4 |
| What is going on with this company ?
The stock is at 2 and change .
Sini
|
| 583.2 | TPH details | SCHOOL::DESAI | | Thu Nov 18 1993 09:03 | 2 |
| Yes, I am interested in getting more details too - anyone with newsservice
subscription or other means please post some gory details?
|
| 583.3 | some info I picked up.... | SUBURB::THOMASH | The Devon Dumpling | Fri Nov 19 1993 08:59 | 23 |
| rumours that "debtstrapped" Tiphook will sell off its container fleet.
Genstar (owned by GE) and Transamerica are thought to be in the running.
Rumours are the selling price will be "surprisingly good".
Prices of containers have slumped because China has entered the market
undercutting the Koreans. Rentals for basic containers have gone as low
as 50 cents a day.
The "surprisingly good price" could be forthcoming as the result would
be to knock out a major player in the market.
April year end accounts the rental assets appear at �1,065m. The
trailers are estimated to be worth around �250m
Tiphooks shareholders rank behind the �1bn-plus owed to the banks and
bondholders.
Heather
(disclaimers etc)
|
| 583.4 | finally the slide may have stopped? | SCHOOL::DESAI | | Fri Nov 19 1993 14:20 | 8 |
| Thanks Heather. Looks like some good news may have come out today and
so the stock is up from 1 3/4 to 3.
Pl. keep the info coming as and when you get it.
thanks,
- Rajesh
|
| 583.5 | TPH moving up again | SCHOOL::DESAI | | Mon Nov 22 1993 11:24 | 9 |
| TPH jumped from 1 3/4 to 3 on Friday. Transamerica is offering $1.2B
for their container business and so will take care of almost all of
TPH's debt.
Dow Jones Market Monitor service (as of the weekend) is firmly bullish
on the stock. Accrding to the service, the low (over sold) resistance
is at 2 59/64 and high (overbought) resistance is approx. 7 1/2.
I picked some up this am.
|
| 583.6 | | SUBURB::THOMASH | The Devon Dumpling | Tue Nov 23 1993 08:36 | 6 |
|
News not so good here, the bit they are selling off is where they are
getting the profit from, so they don't know how they will pay off the
rest of the commitments, when they have a loss making company.
Heather
|