Was ist den PACIFIC CENTURY CYBER LOOOSSSS????? o.T.

 

Gerätst Du in Panik oder was ? Bleib locker und mach Dich nich immer verrückt, wenn der Kurs mal fällt. Schau einfach nur einmal im monat rein, spart Nerven. In paar Wochen wirste wieder lachen, weil der Kurs dann über 4E liegt.  

 

Liest Du keine Zeitung??
Nachdem Chen Shui-bian mit seiner Demokratischen Volkspartei in Taiwan
die Wahlen gewonnen hat (Er ist ein Verfechter der Unabhängigkeit Taiwan's
von China) hat es an der Börse Taiwan's einen 'kleinen Kursrutsch' gegeben
und hat auch zu einer kleinen 'Magenverstimmung' der Blue Chips an der Börse
von Hongkong geführt.  Mein Tipp: Gelegenheit zum Nachkaufen.    

Die Quartalszahlen sind los und sind halt sehr schwammig. Das weiß man aber, wenn man in diese Firma investiert. Ihr müsst den Wert als mittelfristige Anlage (2-3 Jahre) sehen. Die müssen halt erst noch eine ganze Menge an Infrastruktur aufbauen. Die momentan und sehr wahrscheinlich die nächsten Tage auch noch niedrigen Kurse kann man zum nachkaufen nutzen.

Hier der news-link: http://informer2.comdirect.de:9004/de/news/_pages/...=0&sArchive=std&  

 

Nach anfänglichen Kursschwächen sollte man Positionen in PCCW aufbauen. Meiner Meinung nach ist die Aktie gut gelaufen, betrachtet man aber sich den heutigen Bericht von PCCW an ,so liegen die geschätzten Gewinne bei um die 3 Mio$, erreicht wurden 60Mio$. Das liegt um das 80 fache über den Erwartungen. Das ist erstens kein Tippfehler. Die Zahl stimmt wirklich. Warum der Kurs nicht explodiert??? Ganz klar:1. Schlechtes Umfeld--> Oppositionspartei in Taipeh hat gewonnen und 2. Die Gewinne von PCCW sind nicht realisierte sondern stille Beteiligungen an über 2000 Internetfirmen wie auch Cisco, SoftBank...., deren Wert unwahrscheinlich gestiegen ist.
Fazit: Jetzt einsteigen und in einem Monat freuen.....

Bis bald. Und gute Kurse.  

Deine Rechenkünste Dich vorhin nicht im Stich gelassen haben. (Rechne noch mal 80x3! Und was die Anzahle der Beteiligungen angeht hatte ich bisher auch andere Infos als 2000 Stück.
Trotzdem: Kaufen oder Halten!  

bin am ueberlegen ob ich nicht die calls kaufen soll  

                 By Chris Kraeuter, CBS MarketWatch
                 Last Update: 7:44 PM ET Mar 20, 2000
                                                               NewsWatch


                HONG KONG (CBS.MW) -- Pacific Century CyberWorks posted a
                net profit for 1999, reversing a 1998 net loss.

                Pacific Century (PCCLF: news, msgs) earned 346.8 million Hong Kong
                dollars ($44.6 million), or 9.99 Hong Kong cents a share, in 1999. This
                compares to 1998's net loss of 62 million dollars, or a loss of 13.44 cents
                a share.

                The Wall Street Journal online edition reported that the Internet-access
                provider had revenue of 131.4 million dollars, an increase of 15 percent
                from revenue of 114.7 million dollars in 1998.

                The company, Asia's third-largest Internet investment company by market
                value, said it will roll out its Internet portal and a satellite broadcast
                television service by July 1, and will upgrade both to enable two-way
                interactive services.

                Chris Kraeuter is an online reporter for CBS MarketWatch.

                 




                               

Wenn ich Dich hier gerade mal erwische, wollte ich mich mal nebenbei für die regelmäßigen und ausführlichen Infos zu PCCW bedanken, die Du immer ins Ariva-Board postest. Das erspart mir immer eine Menge Sucherei.
Ich hoffe, ich kann mich beizeiten mal revanchieren!

Gruß,
kalahari  

                      PCCW (1186) Losses Mount, $280 Million Down, Accounting
                      Magicians Come to Aid








                                                              2000-03-21

                      Thank you PCCW! Thank you for doing as most of us
                      expected you to do. You played with the books -- all entirely
                      legally and above-board -- to book a profit when you knew the
                      numbers were going to otherwise be pretty embarrassing

                      Pacific Century CyberWorks' top line turnover decreased 47%
                      from HK$285 million to just $152 million. The bottom line, if
                      taken without the rest of the story, would show them turning
                      their operations around and posting a $347 million profit instead
                      of last year's $62 million loss inherited from the previous bosses
                      at Tricom. Diluted EPS was 7.05 cents (1998: 13.44 cents
                      loss).

                      PCCW dumped a large part of the previous operations, so that
                      explains why turnover was down. Continuing operations actually
                      increased in turnover by 14% to $131 million. On the other
                      hand, expenses directly related to these continuing operations
                      increased by 63% to $50 million. Simply put, expenses
                      increased at a much faster pace than sales. Continuing
                      operations, after relevant expenses, earned 3.5% less than last
                      year, dropping $3 million to $80.8 million.

                      Administrative expenses, which we haven't counted yet, were
                      and still are the bulk of PCCW's costs. The new management
                      managed to significantly more than double them, a 153% rise,
                      from $149 million to $377 million.

                      If one totally ignores the unrealized investment income, which
                      most would consider an accounting gimmick since PCCW
                      hasn't sold the securities and therefore has not received the
                      money, the company would have posted an operating loss of
                      $280 million.

                      The "continuing business" that showed an increase in revenue is
                      none other than property, the same business that someone's
                      daddy does. For the next fiscal year, PCCW will again resort to
                      "old economy" businesses with the purchase of a local telecom
                      company that happens to have a lock on most of the phone lines
                      in the city. The Li family will then own two of the city's major
                      telecoms. The next property project, of course, is the
                      construction of the Cyberport, the government project handed
                      to Richard Li with no other bidders invited in one of Hong
                      Kong's most questionable deals that to many people seems
                      possibly a little tainted.

                      PCCW said "the business plan is well developed: the focus on
                      all fronts, including technology, content and marketing is now on
                      execution of this plan." Plans include using SoftNet systems to
                      "market high speed Internet services...to cable operators and
                      their subscribers in more than 50 countries within the PCC
                      service footprint." The "broadband service platform" has cost
                      them $110 million so far.

                      PCCW also says that by the middle of the year, they will roll out
                      "NOW," a "branded service" which will provide entertainment,
                      apparently mostly sports, programming. Initially in English,
                      "NOW's branded portal and associated vertical
                      applications/content areas, or 'vortals', will subsequently be
                      produced in Chinese and Japanese." "Vortals"? The marketers
                      over there must have spent hours on that one.

                      The company also says it's working with Legend (992) to
                      cultivate the PRC broadband market and get online through
                      Legend computers bundled with "NOW" services.

                      The real business of PCCW, or the one that gets the most
                      press, is investment. That's the only thing that gave them a profit,
                      even if it was a flimsy rice-paper one.

                      As mentioned yesterday, the extra half billion Hong Kong
                      dollars which they don't actually have yet but which counted as
                      a contribution to the bottom line is not totally unreasonable. The
                      investment value of securities held by a company is of great
                      interest to an investor. However, since PCCW has to rely on
                      these investments to prop up earnings, one must not be carried
                      away by its pseudo cyber nature. PCCW is more of an
                      investment company, a high technology mutual fund, and its
                      profit potential and risk profile should be appraised with that in
                      mind. Repeating yesterday, "the future value of PC
                      CyberWorks, then, may be less in its promises of broadband
                      satellite internet...and more in its ability to choose good
                      investments and sell when the time is right."

                      With 9.845 billion shares outstanding at yesterday's $20.40 per
                      share, the company's market cap is HK$201 billion. Even
                      pretending that the accounting joke is serious, PCCW's paper
                      bottom line would give them a P/E of 579 times. For an ailing
                      telecom company with a property sideline, this seems rather
                      expensive.  

nichts neues was da steht. wir wissen alle das das ganze auf investments aufgebaut ist, hier wird nichts produziert sondern ein netzwerk aufgebaut welches in 2-5 jahren erste fruechte tragen kann. keiner erwartet das HK oder indien geschweige denn China in den naechsten jahren zig bil $ umsatz fuer pcc erbringt.
natuerlich ist alles riskio behaftet, wars aber immer. das einzige as sich geaednert hat ist der zeithorizont. mittlerweile wird doch mit planzahlen aufgrund von theoretischen busniess plaenen auf 20 jahr oder mehr gearbeitet.
also; liegen lassen und ein bisschen geduld haben und nicht immer auf den quam kommentar hoeren.  

20.03.2000
                                                 09:59

                                                 Pacific Century CyberWorks bucht 73,9 Mio. USD Beteiligungsgewinne in
                                                 Bilanz

                                                 HONGKONG (dpa-AFX) - Die Hongkonger Internetholding Pacific Century
                                                 CyberWorks Ltd will 73,8 Mio. USD aus Beteiligungsgewinnen in ihre Bilanz des
                                                 Jahres 1999 buchen. Davon stammten 4,8 Mio. USD aus realisierten Gewinnen
                                                 und 69 Mio. USD unrealisierten Positionen, teilte die Firma am Montag mit.
                                                 Das Unternehmen reagierte damit auf Presseberichte, denen zufolge in die
                                                 Bilanz 1999 ein Gewinn von 1 Mrd. USD aus Investmentgewinnen gebucht
                                                 werden sollte. Den Angaben zufolge hält Cyberworks 40 Beteiligungen an
                                                 Internetunternehmen. Davon seien 14 an anerkannten Börsenplätzen notiert.
                                                 Die vier größten Beteiligungen seien CMGI Inc. , SoftNet Systems Inc , Golden
                                                 Power International Holdings Ltd und tom.com , die insgesamt 522,2 Mio. USD
                                                 gekostet hätten. Mit Stand 16. März 2000 hätten diese Anlagen einen Wert von
                                                 1,54 Mrd. USD erreicht. Alle vier Beteiligungen seien zuvor öffentlich
                                                 angekündigt worden, erklärte die Firma. Ihr aktueller Marktwert und der
                                                 Einstandskurs seien damit bekannte Informationen und stellten keine
                                                 Gewinnprognose nach Paragraph 10 der Hongkonger Regeln für Übernahmen
                                                 und Fusionen dar. Die vier Beteiligungen seien langfristig ausgerichtet. Die
                                                 übrigen börsennotierten Anlagen des Cyberworls-Portefeuilles hätten und 12,6
                                                 Mio. USD gekostet. Ihr derzeitiger Marktwert betrage 29,8 Mio. USD. Es
                                                 entspräche nicht der Unternehmenspolitik unrealisierte Gewinne aus
                                                 Börsengeschäften in die Bilanz einzustellen, sagte ein Firmensprecher./cs/xs  

aus wallstreet-onlne e-mail

Obgleich ING Baring die Aktie von
PCCW kaufte, konnten die starken Verkäufe von Morgan Stanley
und Goldmann Sachs in Hong Kong nicht aufgefangen werden.
Die Aktie notiert zur Zeit an deutschen Börsen bei
2,50 Euro mit einem Minus von über 10 Prozent.

gruss vom sofa  

3/19/00 9:18:00 PM
Source: Bloomberg News
Hong Kong, March 20 (Bloomberg) -- Pacific Century CyberWorks Ltd., Asia's third-largest Internet investment company by market value, said it will book a $73.8 million gain from its Internet- related investments for 1999, lifting analysts' estimates on its full-year results due to be released later today.  








 

CyberWorks posted a net loss of HK$40.7 million ($5.2 million) in the six months through June, reflecting mainly the businesses it inherited from unprofitable mobile handset distributor Tricom Holdings Ltd., which it took over last May. The full-year results aren't expected to be released until about midnight local time.

CyberWorks was originally expected to post a net profit of HK$24.2 million ($3.1 million) for 1999, according to the online edition of the Estimate Directory, which polled four analysts before the company released the statement on its one-time gain today. Now, with the one-time gain, CyberWorks could report a net income of $60 million, analysts said.

''It's the biggest Internet startup I have ever seen,'' said Gregory Feldberg, an analyst with Indosuez W.I. Carr Securities in Hong Kong, who has a ''buy'' recommendation on the stock. ''What we are interested in is how the company is going to roll out its network over the next 12 months. Its share price hasn't been moving with historical earnings.''

Though CyberWorks has yet to start its first Internet service, its market value of $26 billion is already more than that of Amazon.com Inc., which began business five years ago and now runs the largest store on the Internet.

The profit CyberWorks is likely to post for 1999 will also include interest earned on its cash hoard. The company sold shares four times to institutional investors last year, raising gross proceeds of about HK$7 billion.

Sell-off

Still, analysts expect CyberWorks to report more losses over the next few years as it invests heavily to build what it intends to be the world's biggest broadband Internet business.

While the company's shares lost 10 percent last week in a global sell-off in technology shares, the stock is still up about 30-fold since Richard Li, the younger of the two sons of Hong Kong tycoon Li Ka-shing, agreed to take the company over last year. Today, CyberWorks shares gained 0.25 percent to HK$20 during the morning session.

Unlike many U.S. Internet companies, which attract investors with their revenue and customer bases, CyberWorks has been attracting a lot of interest partly because it's one of the few Asian Internet companies with a market value big enough to draw attention, and partly because it's embarked on a wave of asset purchases.

To date, the company has spent $535 million in cash and shares to buy stakes in more than 40 Internet companies, about a quarter of which are now publicly traded. While technology stocks globally have pared some of their gains recently, CyberWorks said it still has a paper profit of $1 billion from those listed investments.

Still, that won't be enough to keep investor interest.

''This year will be a year of execution,'' said Juliette Chow, an analyst with Lehman Brothers in Hong Kong. CyberWorks, as well as other Internet start-ups, must prove to investors the concepts they formulated in the past year will materialize, she said.

CyberWorks seems prepared.

The company said it will start in the next three months an Internet portal and a satellite broadcast television service, upgrading both next year to enable two-way interactive activities.

Distribution

The company, having spent most of its energy so far on developing content, has also moved to strengthen its distribution channels.

In Hong Kong, CyberWorks offered to buy control of Cable & Wireless HKT Ltd., the city's dominant telephone company, to ensure its planned online products and services will have a way to be distributed. HKT owns a broadband fixed-line network that covers 80 percent of Hong Kong households.

In China, whose Internet user numbers are expected to exceed that of the U.S. by 2005, CyberWorks has teamed with Legend Holdings Ltd., the nation's No. 1 computer maker, to develop computers that give users instant access to the CyberWorks service.

In India, which is expected to become the second-biggest Internet market in Asia after China, the company recently agreed to buy 49 percent of Data Access India Pvt. Ltd., which owns a license for a nationwide Internet service.

''The focus (on Internet companies) has changed,'' said Matei Mihalca, an analyst with Merrill Lynch Asia. ''People don't want to take big bets. They want something that is more solid.''