TEAM COMMUNICATIONS/ 917002: Strong Buy!!!
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| Eröffnet am: | 18.12.01 08:46 | von: Star Ikone | Anzahl Beiträge: | 16 |
| Neuester Beitrag: | 18.12.01 16:47 | von: Nowonder | Leser gesamt: | 2.265 |
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Nach der Einigung mit den Aktionären jetzt wieder Supergünstig zu haben, akt. 0,25E.
In USA bei 0,27$ = 0,3E.!!!
Es ist davon auszugehen, dass hier - auch aufgrund der BESSER als erwartet ausgefallenen Zahlen - bald eine richtige Aufwärtsbewegung einsetzt.
Jetzt wieder einsteigen bis 0,29E. - KZ 0,4-0,5E.
MfG
Star Ikone
Werde gleich noch mal die letzten News reinstellen!
Company's 3rd Quarter Net Loss Decreased 60% From 2nd Quarter Results
LOS ANGELES, Nov 26, 2001 (BUSINESS WIRE) -- TEAM Communications Group, Inc.
(Nasdaq: TMTV)(Neuer:TME), a leading multinational film production and
distribution company, announced operating results today for third quarter 2001.
The company reported a net loss of $880,200 or $0.06 per share for the quarter
ended September 30, 2001, as compared to a net loss of $2.2 million or $0.16 per
share for the same period last year.
Although TEAM's President Jay J. Shapiro was disappointed in the third quarter
loss, he indicated that the company's new management reorganization efforts have
resulted in a 60% decrease in cash loss, a significant improvement as compared
to the second quarter of 2001, and the preceding quarters. "We have launched our
reorganization plan for the Company and realized a profound decrease in
operating costs and change in EBITDA to an initial positive basis in 2001,"
stated Shapiro. "The Company is optimistic and believes the fourth quarter will
reflect the present trend. We look forward to increased productivity in the
fourth quarter and are committed to several actions which support our drive
toward corporate profitability," added Shapiro.
Revenue for the period ended September 30, 2001 included approximately $400,000
from Warner Chappel for music content sales and $113,000 in sales of film
library programming. Revenue for the period ended September 30, 2000 included
approximately $941,000 from "Mysterious Places," $900,000 from "Total Recall,"
and $338,000 from "Live Thru This." Gross profit margin for the three months
ended September 30, 2001 was 46% as compared to 8% for the three months ended
September 30, 2000.
The operations for the quarter ended September 30, 2001 included increased
professional and consulting costs of $248,700 (75% less than comparable period)
and interest expense of $544,100. This 25% increase in interest expense from the
third quarter 2000 is due to the additional debt financing secured by the
Company.
TEAM Communications Group, Inc. is a production and distribution company of
quality, commercial entertainment product. In addition to producing its own
programming content, the company acquires programming that others produce, as
well as film libraries for distribution worldwide. With a film library
consisting of a significant number of programming hours, TEAM distributes to
television networks, free of pay cable, satellite, and the home video market.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. Such forward-looking information involves
important risks and uncertainties that could significantly affect anticipated
results in the future and, accordingly, such actual results may differ
materially from those expressed. For a description of risks and uncertainties,
please refer to TEAM Communications Group, Inc. online filings with the
Securities & Exchange Commission (at http://www.sec.gov).
CONTACT: TEAM Communications Group, Inc., Los Angeles
Jay J. Shapiro, 310/312-4427
or
NPPR
Nikki Pesusich, 310/551-9984
URL: http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire. All rights reserved.
KEYWORD: CALIFORNIA GERMANY INTERNATIONAL EUROPE
INDUSTRY KEYWORD: ENTERTAINMENT
MOTION
PICTURES
EARNINGS
SOURCE:
TEAM
Communications
Group,
Inc.
Halte das Ergebnis für SEHR GUT - klare Verbesserung und GUTE Aussichten!
MfG
Star Ikone
Settlement Within Insurance Limits
LOS ANGELES, Dec 11, 2001 (BUSINESS WIRE) -- TEAM Communications Group, Inc.
(Nasdaq: TMTV) (Neuer:TME) ("TEAM") today announced that it has entered into a
Memorandum of Understanding (MOU) that settles all claims against the Company in
connection with the consolidated shareholder class action suits that have been
filed in Federal District Court.
The MOU, which is subject to final documentation, initial court approval, notice
to class members, and final court approval, provides that all claims against the
Company will be dismissed with prejudice and that all settlement costs will
funded by insurance carriers.
"The settlement of the shareholder class action suits against the Company
removes a major source of uncertainty surrounding TEAM and its future," said Jay
J. Shapiro, TEAM's president. "We are particularly pleased that the amount was
covered in its entirety by insurance and that the settlement was accomplished
with no significant out-of-pocket costs to the Company."
This settlement comes on the heels of a number of other positive developments
that have taken place at TEAM since the Board of Directors appointed current
senior management in September of this year.
Mr. Shapiro stated, "Over the past three months we have successfully negotiated
an investment from Murchison Media Group which has resulted in interim financing
and up to $5,000,000 by June 30, 2002. In addition, we also reached a settlement
of the dispute with Frankfurter Film Products, Inc., a German production entity.
This settlement, like today's announcement, was achieved with no cash outlay or
other financial burden to the Company," Mr. Shapiro continued.
"Based upon the results achieved in the third quarter, in which TEAM generated
$164,400 in earnings before interest, depreciation and taxes (EBITDA), together
with the accomplishments over the past three months, we believe that TEAM is now
headed in the right direction and are optimistic that we can begin to approach
profitability in the not too distant future," Mr. Shapiro added.
"Looking ahead, we intend to build upon TEAM's core strength to identify,
acquire and distribute specialty television and motion picture programming to
meet the growing needs of cable operators and independent broadcasters on a
global basis," Mr. Shapiro concluded.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. Certain information included in this news
release contain statements that are forward-looking, such as statements relating
to consummation of the transaction, anticipated future revenues and the success
of current product offerings. Such forward-looking information involves
important risks and uncertainties that could significantly affect anticipated
results in the future and, accordingly, such results may differ materially from
this expressed in any forward-looking statements made by or on behalf of TEAM
Communications Group, Inc. For a description of additional risks and
uncertainties, please refer to TEAM Communications Group, Inc., filings with the
Securities and Exchange Commission, including Form 10-K and Form 10-Qs available
at (http://www.sec.gov).
CONTACT: TEAM Communications Group, Inc.
Jay J. Shapiro, 310/312-4400
or
Sitrick and Company
Jeff Lloyd, 310/788-2850
URL: http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire. All rights reserved.
Spanne in Frankfurt ein WITZ!!!
MfG
Star Ikone
Hier 0,25E.???
Würde mal sagen, viele haben die letzten Nwews nicht gelesen.
Der Kursrückgang in USA bei niedrigsten Umsätzen - Anstieg aber bei starken Umsätzen: Es geht bald wieder hoch!
MfG
STAR IKONE
Aber hier scheissen sich alle die Hosen vóll...ich fasse es nicht!!!
TEAM ( WKN 917002 ) wird bald richtig abgehen, dann werden sich die, die jetzt rausgehen noch sehr ärgern...
MfG
Star Ikone
Du gehörst doch schon lange ins Altersheim,
Du moderner Raubritter
Arschloch
