YRCW vor charttechnischem Turnaround

http://investors.yrcw.com/secfiling.cfm?filingID=716006-13-3  

Trucking Industry's Resurgence Continues in 2013 as ATA's SA For-Hire Truck Tonnage Index Posts Best January on Record

Five Star Equities Provides Stock Research on Arkansas Best and YRC Worldwide

NEW YORK, NY--(Marketwire - Feb 21, 2013) -  The Trucking Industry has experienced a resurgence over the past few months. The American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.9 percent to 125.2 in January, the highest on record. Five Star Equities examines the outlook for companies in the Trucking Industry and provides equity research on Arkansas Best Corporation ( NASDAQ : ABFS ) and YRC Worldwide, Inc. ( NASDAQ : YRCW ).

 

http://finance.yahoo.com/news/...rgence-continues-2013-132000249.html

 

Seit dem 12/31/2012

18 Increased Institutional Holders
348,764 Increased Total Shares Held

 

YRC Worldwide Story Continues To Gain Legs

 

http://seekingalpha.com/article/...continues-to-gain-legs?source=feed

 

Ignore The Noise, Buy These Beaten Down Stocks

 

(2) Operational turnaround stories. Examples include:

a. YRC Worldwide (YRCW) has turned annual operating income around from over -$800 million to +$25 million in the past 3 years and their momentum appears to be gaining steam.  YRCW managed to post an operating profit of $21.1 million in Q4 2012,  only slightly worse than the $25 million posted in the seasonally strong  Q3 (both of which I have adjusted for one-time items). YRCW owns 3  regional trucking businesses that they consolidate as their regional  division and a national less than truckload or LTL division known as YRC  Freight. YRC Freight was the main driver for these numbers, generating a  $18.3 million increase in operating income over the prior quarter and a  $48 million increase year on year.

b. Vonage (VG)  has turned around its net equity from -$130 million to over $300  million in just the past 3 years. It trades at 7 times free cash flow  and 0.7 times sales, while its main competitor, 8x8 (EGHT),  trades at 70 times free cash flow and 4 times sales. Vonage is not  growing nearly as fast as EGHT but it does have a significant potential  to grow in Brazil, where it recently partnered with Datora Telecom to deliver communication services to customers in Brazil.

http://seekingalpha.com/article/1226941-ignore-the-noise-buy-these-beaten-down-stocks?source=yahoo

 

 

Feb 19, 2013    WARE SCOTT D.Officer    923    Direct    Disposition (Non Open Market) at $6.33 per share.    5,842
Feb 19, 2013    O'CONNOR THOMAS JOSEPH IIIOfficer    2,083    Direct    Disposition (Non Open Market) at $6.33 per share.    13,185
Feb 19, 2013    KELLEY J. MICHAELOfficer    627    Direct    Disposition (Non Open Market) at $6.33 per share.    3,968
Feb 19, 2013    GAST STEVEN D.Officer    1,611    Direct    Disposition (Non Open Market) at $6.33 per share.    10,197
Feb 19, 2013    DAY WAYNE L JROfficer    279    Direct    Disposition (Non Open Market) at $6.33 per share.    1,766
Feb 19, 2013    ROGERS JEFFOfficer    5,943    Direct    Disposition (Non Open Market) at $6.33 per share.    37,619
Feb 19, 2013    RUSSELL MICHELLE AOfficer    3,726    Direct    Disposition (Non Open Market) at $6.33 per share.    23,585
Feb 19, 2013    WELCH JAMES LOfficer    22,949    Direct    Disposition (Non Open Market) at $6.33 per share.    145,267
Jan 1, 2013    PIERSON JAMIE G.Officer    5,455    Direct    Disposition (Non Open Market) at $6.76 per share.    36,875
Jan 1, 2013    WELCH JAMES LOfficer    11,442    Direct    Disposition (Non Open Market) at $6.76 per share.    77,347

http://finance.yahoo.com/q/it?s=YRCW+Insider+Transactions

 

klare Tendenz seit Veröffentlichung der Zahlen  am 21.02. Richtung Süden . Minihype und das wars dann wieder.  

 

Es Können noch ein paar Turbulenzen Kommen durch die anleihen umwandlung vermutlich wir die geselchafft am Ende 20 Millionen aktien haben.

Wir können hoffen das die weitere Umstrukturierungspläne  des Vertriebs nicht an Ende noch mehr kosten verursachen..Noch bleibt abzuarten ob ie strategie aufgeht das gaze steh noch auf zu wackeligen beinen.. Abwaten.

2/15/2013 796,033
1/31/2013 730,255
http://www.nasdaq.com/symbol/yrcw/short-interest

 

Mar 4, 2013, 11:42am CST Updated: Mar 4, 2013, 4:07pm CST
YRC shakes up national management, leaked internal memo says

http://www.bizjournals.com/kansascity/news/2013/...ent.html?ana=yfcpc

 

Würde auch Zeit... Abwarten ;-))

 

Sollte man nicht zu lange warten.. 6.83 0.75(12.34%) 

keine kauf oder verkaufsempfehlung.. Nur meine Meinung..

 

Mar 11, 2013, 5:48pm CDT

YRC Worldwide plans consolidations, closings

Austin AlonzoReporter- Kansas City Business JournalEmail  | Twitter  | Construction coverage  | Engineering coverage
YRC Worldwide Inc. is looking to shake things up at YRC Freight again, according to a document leaked on industry message board site truckingboards.com.
 
The change will require the approval of YRC’s labor union, the International Brotherhood of Teamsters. Although YRC said the changes would bring 46 new jobs to Kansas City, a union estimate said the moves would result in a net loss of 230 jobs.
 
The change of operations request was sent to the Teamsters on March 11. It’s the second big reorganization for the Overland Park-based less-than-truckload carrier (Nasdaq: YRCW) in the past two weeks.
 
The document, dated Feb. 11 and signed by Lamar Beinhower, YRC’s director of labor, aims to consolidate 29 terminals into existing terminal locations and close three distribution centers, in addition to other changes to YRC’s network and work practices.
 
Beinhower said in the document that the change of operations would improve efficiency and cut costs.
 
“This change of operations request continues the restructuring of the (c)ompany’s terminal network to further strengthen the (c)ompany’s financial position to provide better job security to its employees, while at the same time, growing the business and increasing employment opportunities,” the document said.
 
In the document, which was addressed to Teamsters General President James Hoffa, Beinhower said the company is requesting a change of operations hearing with the union around March 20.
 
The document says YRC will provide moving assistance to relocated employees. Relocated employees, depending on the distance of the move, will be offered $2,500 to $4,000 to help cover costs.
 
Teamsters for a Democratic Union, a reform movement within the labor union, calculated that the proposal would result in a net loss of 230 jobs.
 
By TDU’s math, the move will cut 760 dock, cartage, shop and office jobs, along with 452 road jobs at locations that will be closed or reduced, while adding 639 cartage and 343 road jobs at other terminals.
 
In Kansas City, the proposed move would add 46 jobs, the YRC document said.
 
The Teamsters blocked YRC’s last change of operations request, which would have sent 123 jobs from around the country to Springfield, Mo.
 
Representatives of YRC and the Teamsters were not immediately available to comment.
 

http://www.bizjournals.com/kansascity/news/2013/...ons.html?ana=yfcpc

 

OVERLAND PARK, Kan., March 12, 2013 /PRNewswire/ -- YRC Freight, a subsidiary of YRC Worldwide Inc. (YRCW), has mailed to union leadership a proposal for a new set of network improvements.

Once implemented, the network improvements will be another step in YRC Freight's efforts to continuously improve customer service, optimize linehaul density and load average, reduce empty miles and reduce shipment handling.

"By realigning our network, YRC Freight will reduce the number of handling and relay locations in order to build network density," said Jeff Rogers, president of YRC Freight. "These network improvements will be seamless to our customers and when implemented will improve our service. The ongoing effort to optimize our network is also a key part of our sustainability efforts as we reduce mileage and emissions. Better density means fewer empty miles and less emissions."

A committee composed of union and company leadership will convene a formal hearing - expected to take place in April 2013 - to consider the network improvements which are expected to begin in May 2013.

"This is all about improving customer service and taking another step to regain a lead position in the North American LTL market," added Rogers. "This change also moves us closer to sustained profitability."

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words "will," "expected" and similar expressions are intended to identify forward-looking statements. The company's expectations regarding the realignment of our network are only its current expectations. Actual timing and benefits of implementing these improvements will be determined by a number of factors, including (without limitation) the accuracy of the company's estimates regarding the expected benefits of the network improvements, the timing of the network realignment and the risk factors that are from time to time included in the company's reports on Forms 10-K and 10-Q filed with the SEC.

About YRC Freight
YRC Freight, a leading transporter of industrial, commercial and retail goods, specializes in less-than-truckload (LTL) shipping solutions for businesses. Based in Overland Park, Kan., YRC Freight provides comprehensive North American coverage and offers a broad portfolio of LTL services to bring flexibility and reliability to customers' supply chains. For more information, visit www.yrcfreight.com.

http://finance.yahoo.com/news/...-network-improvements-140000220.html

 

Auszug aus Meldung...

Buy YRC Worldwide Based On Improving  Fundamentals

Improving fundamentals? On the surface this title sounds ludicrous. YRC  Worldwide (YRCW) has $1.3 billion in long-term debt, it pays $151  million in annual interest expense, and it has significant pension obligations.  However, the facts don't lie and the facts are that trends in operating income  and gross margins are improving dramatically.

While YRCW hasn't really participated in the rally this year, I stand by my  belief that this could potentially be one of the best performers in the market  over the next couple of years as the economy continues to gradually improve and  as management maintains its focus on improving ontime deliveries and removing  unnecessary expenses from its network. The turnaround going on with YRCW is  similar in many ways to recent turnarounds at Sirius (SIRI), Nexstar  Broadcasting (NXST),  Hovnanian (HOV) as well as  the turnaround at Foster Wheeler (FWLT) back in 2004, all of which provided investors with  astronomical returns. Every one of these companies had huge debt loads and  negative equity right when the stock began rallying hard.

As you can see above, assuming a 3.0% revenue growth rate and 66.6% margins,  net income would be $44 million. If margins stayed at the upper range of 2012  numbers then it would yield $91.4 million in net income. Assuming fully diluted  shares of 8 million would result in EPS of $5.50 on the low end and $11.43 on  the high end.

 

This gives you a sense of just how much operating leverage this company has.  An improvement of just 0.6% in sales increases EPS by over 60%. The above also  gives you an idea of just how close this company is to experiencing exploding  net income and EPS numbers.

Ahhh…but what about Share Dilution?

As always with any potential turnaround company, you have to consider any  potential share dilutions going forward. Most turnaround companies have some  sort of convertible bond issuance from their dark past that scares investors  away. This is no different with YRCW.

YRCW currently has a share count of roughly 7.8 million shares. There are two  convertible notes: (1) the series B notes are convertible at $14.5 (roughly 7  million shares), and (2) the series A notes are convertible at $34 (roughly 6  million shares).

Assuming the stock does manage to get to $14.50 per share, the diluted share  count would grow to 14.8 million shares. This would roughly cut in half the  projections above. So on the low end with 2.4% growth and 66.6% gross margins,  you would see EPS of about $1.60. If revenues grew 3.0% and margins averaged  67.5%, then diluted EPS would be $6.20.

Now let's assume the stock gets as high as $34 and the series A notes are  converted. This would bring total share count to 19.8 million and would drop EPS  down to $1.24 on the low end and $4.62 on the high end. The company's stock  currently trades at 5.4 times the low end and 1.45 times the higher end (i.e.,  3% growth and 67.5% margins).

One thing that is not included in this calculation, though, under the  assumption that both share conversions kick in, is the reduced interest expense  as a result of the debt associated with those convertible notes going away. If  both notes convert, then this would reduce annual interest expense by roughly  $24 million (or $1.21 EPS fully based on fully diluted shares of 19.8 million).  If you add those to the above estimates, you would get a range of $2.45 to $5.83  EPS.

And keep in mind that if the company can hit these levels of profitability,  they will be in a very good position to renegotiate their loans and  significantly reduce the interest expense they pay on their remaining debt,  which would again help EPS figures. For example, a 10% reduction in the  remaining annual interest expense (excluding interest on convertible notes)  would yield $13 million in cost savings which on a fully diluted share count  would result in another $0.67 in EPS.

 http://seekingalpha.com/article/...mproving-fundamentals?source=yahoo

 

Steil nach oben, und wo landen wir am ende des jahres?  

in drei Jahre wenn alles gut geht über 1000$.
Wenn die US Wirtschaft weiter Steil nach oben geht..
Nur meine Meinung...  

wird es mit der Wandelanleihe.. Hier ist noch verdammt viel Potenzial drin..
Abwarten..  

 

Vielleicht wird das lange Warten und die Zeit des Leidens doch noch belohnt und entschädigt.....  

 

nachgekauft...
http://www.nasdaq.com/symbol/yrcw/after-hours#.UUOs-74wfrI

Tages Volumen 506.072 ;-))
http://finance.yahoo.com/q?s=YRCW  

Break Out!!!  :-)))  

 

schnelle +20% wow!  

heißt für erst mal good bye - thanks und bis zum nächsten Mal :-)

sieht aber gut aus! allen gute Gewinne!