Spansion - Milliardenfirma und Pennystock
Ist doch klar, dass das Volumen geringer wird, die Aktien werden ja auch teurer ;)
jetzt rechne mal wie viel das wert ist wenn die firma sich wieder erholt hat.
so sehe ich das.
für 10% gewinn lieber optionsscheine...
Das ist extrem volatil und die Gefahr immer da, dass der common stock entwertet werden soll. Muss nicht so kommen, ist aber auch ein mögliches Szenario.
Daher gehe ich da auch nur mit dem Kapital rein, das ich auch noch in der Spielbank vertreten kann. Klar, die Chancen sind gut, gibt es einen Rücksetzer auf, sagen wir 7-8 C, dann bin ich auch wieder mit dabei ;)
13-May-2009
Results of Operations and Financial Condition, Change in Directors or Principal Off
Item 2.02 Results of Operations and Financial Condition
On May 13, 2009, Spansion Inc. (the "Company") issued a press release containing information about the Company's financial results for the quarter ended March 29, 2009. A copy of the press release is furnished as Exhibit 99.1 to this report.
The information in this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liability of that Section, nor shall such information be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act of 1933 or the Exchange Act, except as otherwise stated in such filing.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
In a series of meetings beginning on May 7, 2009 and ending on May 12, 2009, the Board of Directors (the "Board") of the Company considered and approved a contingent bonus arrangement for John Kispert, the Company's President and Chief Executive Officer. In connection with the initial appointment of Mr. Kispert as President and Chief Executive Officer in February 2009, the Board previously approved a $1.75 million bonus (the "Bonus") payable to Mr. Kispert contingent upon the completion of a sale of the Company, subject to certain other conditions. Consistent with the Company's recent decision to pursue a standalone strategy focused on the embedded solutions market and intellectual property licensing, the Board has now approved payment of the Bonus upon United States Bankruptcy Court approval of the Company's plan of reorganization. Mr. Kispert will be entitled to the Bonus upon the first to occur of either the reorganization plan approval or the closing of a qualifying sale transaction. Mr. Kispert's employment offer letter dated February 12, 2009 is in the process of being amended to reflect the new bonus arrangement and is subject to the approval of the United States Bankruptcy Court.
Item 9.01 Financial Statements and Exhibits
(d)
Exhibit No. Description
99.1 Press Release dated May 13, 2009.
Der Kispert ist nur an seinen 1,75 Millionen Bonus interessiert, alles andere scheint dem ziemlich egal zu sein.
Hoffe mal, der BK-Richter wird auch diesem Treiben ein Ende setzen
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 28-Dec-08 28-Sep-08 29-Jun-08 30-Mar-08
Total Revenue 467,951 630,860 612,720 570,272
Cost of Revenue 669,691 544,273 503,571 475,810
Gross Profit (201,740) 86,587 109,149 94,462
§Operating Expenses
§Research Development 96,339 106,845 108,303 120,321
§Selling General and Administrative 56,756 64,094 68,264 64,764
§Non Recurring 1,652,484 1,377 9,922 10,800
Others§- - - -
§
§Total Operating Expenses - - - -
Operating Income or Loss (2,007,319) (85,729) (77,340) (101,423)
§Income from Continuing Operations
§Total Other Income/Expenses Net 12,371 (13,086) 2,536 3,379
§Earnings Before Interest And Taxes (1,994,948) (98,815) (74,804) (98,044)
§Interest Expense 24,336 24,853 27,663 20,991
§Income Before Tax (2,019,284) (123,668) (102,467) (119,035)
§Income Tax Expense 55,670 9,583 (1,824) (564)
§Minority Interest - - - -
§
§Net Income From Continuing Ops (2,074,954) (133,251) (100,643) (118,471)
§Non-recurring Events
§Discontinued Operations - - - -
§Extraordinary Items - - - -
§Effect Of Accounting Changes - - - -
§Other Items - - - -
Net Income (2,074,954) (133,251) (100,643) (118,471)
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares ($2,074,954) ($133,251) ($100,643) ($118,471
Habe auch im Amiforum gelesen, offenbar ist morgen wieder ein Hearing vor dem BK-Gericht angesetzt. ABer keine Ahnung, ob dann auch schon gleich Neuigkeiten nach außen dringen.
Dennoch, bald müsste ja mal eine Konsequenz aus dem gescheiterten Samsung-Deal und den Neuverhandlungen durchsickern. Spansions Free Cash wird immerhin weniger und daher stehen die auch unter Zeitdruck.
Andererseits, wird Spansion liquidiert und die Patente wandern zu den Gläubigern, wird es für Samsung bestimmt teurer. Spannende Angelegenheit....
Könnte zb. sein, dass ein Restrukturierungsplan besprochen werden soll mit dem Ziel, die Altaktionäre zu entmachten?! Wenn so was bekannt würde, dann rauscht der Kurs mal gleich 30% nach Süden...
Habe dennoch eine kleine Order drin, vielleicht kommt da ja auch was gutes dabei herum. Kurs ist zumindest gut abgeschmiert und könnte auf dem Niveau mal wieder eine kleine Rallye auf die 10 cent vornehmen :)
@FDSA 5% ?? Muss ich das verstehen? Bitte ein wenig mehr Info dazu....
gibt es übernahmekandidaten?wie lange reicht der cash noch?
@KostolanyFAN: Nach Angabe der Firma reicht der noch. Aber keine Ahnung, ob die Samsung-Millionen nun weh tun.
News erwarte ich bald:
1. gestriges Hearing
2. Neuer Samsung-Deal müsste mal bekannt gegeben werden
Am 3. Mai hatten sie zumindest noch genug Cash...
Spansion Restructuring Update
On March 1, 2009, Spansion and each of its U.S. subsidiaries filed voluntarily for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The decision to pursue this direction was not taken lightly. However the Chapter 11 reorganization process provides us with the most effective means to preserve our business, address our debt obligations and maintain customer confidence and continuity while we complete the restructuring of our company.
Since the filing, Spansion has made progress on its restructuring plans, and continues to operate its business throughout the world. The Company’s discussions with its creditors, including an ad hoc consortium of holders of Spansion’s $625 million Senior Secured Floating Rate Notes, continue to progress.
Our goal is to be able to seek both creditor and court approval of our restructuring plan by the fourth quarter 2009. If the restructuring plan is approved, Spansion expects to successfully emerge from Chapter 11 protection with a sustainable business model aimed at maximizing return on investment for creditors, and generating positive free cash flow and profitability.
As of May 3, 2009, Spansion had approximately $208 million in cash, of which approximately $132 million was held by Spansion LLC, the U.S. operating subsidiary of Spansion Inc. Based on our projections, we believe that will be sufficient working capital to continue our day-to-day business operations while we complete our restructuring.
Spansion has announced plans to focus its business on the embedded solutions market, and Intellectual Property (IP) licensing business while pursuing strategic alternatives for the wireless business. While we pursue these options, we plan to continue to support our wireless customers. We believe this strategy can provide Spansion with a promising future, leveraging our broad product portfolio, charge-trapping technology leadership and strong customer relationships in the embedded segment.
During our restructuring process, we are striving to maintain our high standards of excellence and the strong commitment to product quality and customer service that have made Spansion one of the most preferred suppliers in Flash memory.
Thank you for your continued support as we work toward a successful restructuring.
John Kispert
President and CEO Spansion