SunCom Wireless Holdings Inc. fka TPC

[whytestocks]

News: $TPC Tutor Perini (TPC) Q3 2019 Earnings Call Transcript

Image source: The Motley Fool. Tutor Perini   (NYSE: TPC) Q3 2019 Earnings Call Nov 06, 2019 , 5:00 p.m. ET Operator Continue reading

Find out more TPC - Tutor Perini (TPC) Q3 2019 Earnings Call Transcript

[whytestocks]

News: $TPC Tutor-Saliba Prevails in Westgate Planet Hollywood Case

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Tutor-Saliba Corporation, has received a favorable decision by the Nevada Supreme Court in the Westgate Planet Hollywood Las V...

In case you are interested TPC - Tutor-Saliba Prevails in Westgate Planet Hollywood Case

[whytestocks]

News: $TPC Black Construction Corporation Awarded $178 Million Andersen AFB Housing Project in Guam

Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Construction Corporation, has been awarded a contract valued at approximately $178 million by the U.S. Naval Facilities Engineering Command, Pacific, ...

In case you are interested TPC - Black Construction Corporation Awarded $178 Million Andersen AFB Housing Project in Guam

[eastunder]

Might be an excellent idea! ;)

[Penny Roger$]

Interesting.. I messed one up there.. Might make corrected board some day..

[eastunder]

SunCom Wireless Holdings, Inc. was a wireless carrier that operated in the Southeastern United States since 1999 and in parts of the Caribbean since 2004. From the "About Us" section of the company's website:

SunCom provides digital wireless communications services to more than 1 million subscribers in the markets with international, national and regional calling plans and access to the largest GSM network in the country.

As of the third quarter of 2007, SunCom was providing digital wireless communications services to approximately 1.1 million customers and employed more than 1,900 people. In February 2008, SunCom was acquired by T-Mobile USA, Inc., a subsidiary of Deutsche Telekom AG. The company traded (as in past tense) on the NYSE under the TPC ticker symbol.[1]

In September 2008, the SunCom brand was phased out and rebranded under the T-Mobile name.[2]


The TPC symbol is now affiliated with a different company, as can be seen by Mac's post (link back).

~ East

[Penny Roger$]

~ Monday! $TPC ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $TPC ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=TPC&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=TPC&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=TPC
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=TPC#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=TPC+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=TPC
Finviz: http://finviz.com/quote.ashx?t=TPC
~ BusyStock: http://busystock.com/i.php?s=TPC&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=TPC >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[yowhatup]

ITUI is launching 2cent per minute overseas voip call product
has caused the stock to pop repeatedly last month or so
Prominent Kuwaiti Businessman To Fund $9 Million Joint Venture For International Launch of i2Telecom's MyGlobalTalk(TM)Business Wire(7/21/08 8:00am)

i2Telecom International Enters Into Agreement with Leading Distributor to Expand Sales of MyGlobalTalk Business Wire(Mon, Jul 14)
i2Telecom International Expects Second Quarter Net Income to Exceed $4 MillionBusiness Wire(Mon, Jun 30)
i2Telecom International Expects 2008 Revenues To More Than Quintuple to Over $5 MillionBusiness Wire(Mon, Jun 23)
i2Telecom International Featured on Cover of Internet Telephony(R) Magazine's June IssueBusiness Wire(Wed, Jun 4)

[dl_bones]

I held this stock for a long time (around 2 years), not any more. :) Took my money and ran a very short time back. Just curious, does anyone know if there is still any talk of DT buying them out?

[was WALL STREET KID]

LOL last trade before the split was 1.71

[Tina]

lol woohooo


look at the pps now!

[was WALL STREET KID]

13:50 5/16/2007 SWSH Suncom Wireless Holdings, Inc. Common Stock, Class A SCWH Suncom Wireless Holdings, Inc. New Common Stock, Class A 1-10 R/S **

[Raglanroadie]

Should I assume that .39 is now out the window and that after 4/20 a price of $1.54 will be enough to convince yourself? BTW - I like the way you try and turn it back on mean with the showing off comment about being right or wrong while you ignore your rather smug original post.

[mthus]

I will stick to what I think is happening here. We shall see after April 20th whether the PPS will be above or below 1.55. Enough, no more showing off about who's right and who's wrong. I don't own it anymore and therefore will stay out of it. Thanks for your opinion though.

[Raglanroadie]

You are entitled to think whatever you may but the fact remains that you got it wrong with respect to revenue when you quoted annual revenue in your post. You also did not deal with the fact that wireless companies buy other companies for their subscribers and that they pay in the range I quoted. Please tell me of a buyout that was not in that range. Whether the capital is provided by debt or equity is pointless to the discussion as is goodwill since the aquiring company carries the burden of goodwill and not the one being aquired. Obviously you impress yourself a great deal but that does not change the fact that you were wrong in your post and are now trying to banter on in order to avoid your ignorance. Again I ask you why is it that you are the only one to read an SEC filing and see what other more educated people fail to see? Deal with it and accept the fact that you were and are wrong in your analysis.

[mthus]

You got it wrong mister. Companies are valued by the balance sheet, while incorporating the income statement, as well as the most recent cash-flow statements for the preceding 3 years. anyone who pays above what the financial statements show is considered to have paid for goodwill. $1,900 per subscriber is exclusively imputed goodwill. Rarely do underwriters impute goodwill when the debt equity ratio is above 1:1. This company has waaaay too much debt for any acquiring company to consider paying anything near what you are stating.
P.S. There is a good reason why the stock dropped from $7 to $0.60 three months ago. Just another indirect reason as to why your analysis is incorrect. Also, reducing the share structure with the high debt this company is carrying will be detrimental to the PPS. Watch how it will be shorted after the Reverse Split.9/10 times this stock will be back at 0.50 range after the split. I'd rather wait and watch from the sidelines. Maybe I'll get back in after the split but at 0.50 range IMO.

[Raglanroadie]

You're kidding right? When you read revenue are taking that to mean annual subscriber revenue? You need to think of it in terms of sales proceeds from the sale of the business which is what the document is addressing. Now so you can take another crack at it I will restate what I said before. Gennerally speaking when wireless companies are bought they go for between $1,900 to somewhere around $2,600 depending on the market. Assuming that they have 1,075,000 subscribers at the time of sale Suncom will go for between $2,042,500,000 and $2,795,000,000. After the debt for equity swap Suncom will have roughly one billion dollars of LT debt. Assuming the current assets only cover the current liabilities the share holders will net 1.042 to 1.795 billion. Therefore it seems that we are fairly valued at the low end of buyout ranges. I can't believe you took sales to mean annual revenue. This is not an executive compensation plan we are talking about here but the sale of a company. Maybe if you had stopped and thought about it you would have realized that what you thought you had read was unreasonable. Instead you instructed me to read carefully the black and white. Way to go.

[mthus]

Read the PR dated March 20TH. the Official notification of matters relating to a merger or acquisition - Form DEFM14A.
Read page 63 carefully. It is in black and white so you won't need any interpretation.

Total Distributable Proceeds To Common Stockholders Per Common Share = $0.39 If rev is $1.2Bil(min) or $1.59 if rev is $2Bil. Actual annual rev for the year ended were $852mil (meaning that the PPS could even be valued lower than the estimated the $0.39 IMO.

[mthus]

It's what is in the filings. The company said exactly as it is $0.39 is the value per PPS in case of any purchase. Read the filing and stop hyping. Do you want me to paste it here?

[Raglanroadie]

Read and take from it what you will. Nonetheless somebody has been buying significant amounts of Suncom and they can't be expecting to get only 39 cents. The numbers don't lie in asmuch that an 87.5 percent dillution combined with a ten for one reverse split on top of a per subscriber purchase price of $2,400 results in far higher than 39 cents. When did you sell and why do you think that you can glean more from a SEC filing than the people who bought millions of shares? If you did in fact sell I hope you watch from the sidelines and see yourself proven wrong. Have you run the numbers to see what I'm talking about? How long have you been following wireless in general or are you just a spoon fed momentum player who knows nothing other than what a certain stock has done while my fingernails have grown a hairs length?

[mthus]

I read the 10K report and found out that the sharehholders would only get 0.39 cents per share incase the company was purchased at the Fair market value. Therefore I got out.

[Raglanroadie]

Although that would be great if it happened I just don't see how it can when wireless companies are bought for between $1,900 to $2,600 per subscriber. Maybe if the debt for equity swap had been for a lower percentage but at 87.5% it is hard to imagine anything over $4. They only have roughly 1.05 million subs and will still have 1 billion in debt after the swap. Ignoring current assets and liabilities say we net 1.4 billion after a purchase. That leaves us current class A shareholders with 12.5 percent of that sum. Therefore we get roughly 175 million which compares to the current market cap how?

[mthus]

Hopefully to $7 where it was 5 months ago.

[Tina]

do you mean on ihub or anywhere?

only one board per stock allowed on ihub

[greenshark07]

are there any other messageboards for swsh???

[greenshark07]

Broke 1.50 barrier.....but where is the pps headed. We are trading above the bollinger band for the pastweek.

[ChrisJP]

Welll SWSH did nothing until about 2 weeks ago when it finally started to move.

Chris

[emulwa]

Anyone home?

[emulwa]

There are 3 purchases today that stand out. 175,000 shares @ 1.695 at 3:45 and 200,000 @ 1.69 at about 11:00. Keep an eye on this one IMO. $300K is just way too much money, but 3 different people coughed up some dough to acquire this one. Total of the 3 trades is $638,000. That's what I call confidence in a stock.

[Tina]

wish ya well!

good luck :)

[Tina]

Sure, and there's also a kid's board that has some useful information as well.

http://www.investorshub.com/boards/board.asp?board_id=6480

Note, Sharebuilder is not a good account for "trading" and you can't use it for otcbb/pinks

http://www.sharebuilder.com

[mthus]

I got in today after I read the proxy filing yesterday. Just the revenues themselves are good enough to make it a merger/purchase candidate.

[Tina]

It is looking very good right now!

However, I sold some time ago. I originally bought in when it went to .70+ and sold for almost double.

[mthus]

Can you post me a link to their Website?

[mthus]

I guess you're 60% up on your investment. I was reading all the post from post one just to find out more about this puzzling stock.

[Tina]

yes, a social security # is required to open an account.

[mthus]

How does their custodial account for kids work? Does one hace to provide SSN lke the banks require?

[mthus]

could have waited longer before sellig IMO. Closed at $1.68 today I'm hoping fro 50% return in 3 weeks time.

[mthus]

How long have you been in the telecom industry? You sound quite knowledgeable dude. Keep us informed as things unfold. I think this is the kind of company that gets then restructured for the better.

[mthus]

Au contraire my fellow investor. You should consider the effect of the Senior bonds too, plus is the 87% issue after or before the R/S. However, I agree that this is looking interesting. Look, it has Assets worth Billions, thus, fixing the liabilities by $770mil debt reduction would render this stock big-time value. P.S. all this is suppossed to begin in April 4th (next 3 weeks). Keep in mind that it was shorted 3 months ago from $7 to $0.60. Big-time play IMO. Remember TIE 3 years ago. They did 1:5 R/S then fixed their share structure and financials started looking good, then they rewarded their shareholders with a 10:1 F/S when the stock was $5 and later and a couple more 2:1 F/S. Look at TIE now( 1000 shares @ $5 would now be 16,000 @ $30. I hope SWSH will work the same way. SWSH is even better financially than TIE then.

[Raglanroadie]

The problem with the in and out mindset is you can get blindsided. Look at T-Mobiles coverage map. Looks to me like a big hole in the Carolina's. They being Suncom just finished their buildout of GSM and are shutting down the old TDMA network. Never mind that GSM really is TDMA based. T-Mobile which does not offer 3G services was recently the big winner of the AWS spectrum auction and are on record with the goal of increasing their subscriber base by 50% and deploying 3G services. So they use the same technology, fit nicely into TM's coverage gap, and contribute to the subscriber goal. Why run the risk of being outside due to day to day movements? TM or others will pay roughly $2,300 per subscriber. My only question is why Alltel bought Western Wireless's 850K subscribers for 6 billion. On that note Alltel bought Western two years ago and could be ready to buy up another regional CDMA provider anytime. Look to RCCC, DCEL, CYCL, and USM for targets of both GSM and CDMA camps. Ultimately Alltel goes to Verizon though. Forget the fact that cable companies also bid on the AWS auction and may want to consider buying a regional cellphone operator as a jumpstart.

[Raglanroadie]

Watch it get bought by the likes of T-Mobile or ATT/Cingular. Subscribers average $1,900 to $2,600 in a buyout. How many does Suncom have? Net out the debt and there you go. The bondholders are in it for a reason.

[Tina]

I guess I should be happy that I sold after all!

[ChrisJP]

looks like selling until the R/S sorts itself out.

Chris

[ChrisJP]

yup, the important thing is you got in real low and did well no matter what happens next.

Chris

[Tina]

Looks like we're going down again

good thing sold yesterday

[Wiseman68]

was a nice pr on suncom today and with goldman sachs advising really cant complain, they are pulling out all the stops for this one and thats adds so much credibilaty in this pinksheet market arena

[Tina]

must I not?

[griff100]

you mean " I don't must?"...LOL

[Tina]

No, I not must

(did that make sense?) lol