Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Russian hacker sentenced to 27 years
this means banks etc can breathe again
Ch11 filed. They would have sold whole company to Ameri100 incl. debt obligations of course, if they still would have been willing to buy.
Instead, they have a stalking horse bid at $50M for their remaining NA and India assets only.
Adding the DIP loan, $29M WF + $41M WF-DIP = $70M would need to be matched to pay off both. However, what would be left to common SH after even NA assets are sold?
Only value would be a complete buyout of company, i.e. paying SH cash or shares of buyer.
Further, NYSE may delist CBR now, since they usually don't hold BK companies. This would make them far less attractive to a buyout used for uplisting.
And yes, Ameri100 is highly likely out as stated above, otherwise BK would not have been utilized. Cheap asset sales ahead.
Patiently waiting!
Any time it could drop .75 a share was the offer
Im waiting on that news!
according to German BK law, parent cannot being drawn into this BK case, see https://content.next.westlaw.com/8-566-7187?__lrTS=20170401203024510&transitionType=Default&contextData=(sc.Default)&firstPage=true&bhcp=1
this explains Friday trade, no big plunge and even a very well volume supported rise at closing.
Booom!! Huge buying/Short Covering into the close. Maybe Monday brings something. I'm averaged at 0.325
GL All
German Ciber companies file for insolvency
http://www.reuters.com/article/idUSL5N1H80LP
Now I would love to know whether it is possible for CBR parent to stay out of BK while the German subsidies file for BK.
Since the parents to enjoy revenue from the subsidies and are on the common balance sheet, I would assume that the parent must pay for all liabilities first. This implies that the subsidies can only file for BK if CBR parent does.
Please help elucidating this issue, thank you.
Looks like I was right. Nice little spike. I see upwards tomorrow.
Me too , but the market makers wont let me
$CBR Strong Here This Morning!
$CBR .33 Wonder why the drop when they have a .75 Buyout offer.
Waiting to jump in under .30 cents
Shorts taking their 5-8cent profit
CBR wants green again. Merger is at .75
If this company is worth $0.75 a share then why is it trading at .57. I figured there would be a lot of buyers getting it because it's worth more than the price.
GBR .65 p/m and going for that $1 mark
watch them cry on this turnaround story
Gapping up p/m already. Hatters gonna hate
where is the delisting dummy
I love the fact that CBR has not jumped on the merger train and perhaps feel they can do just fine on their own...bring the squeeze!!
Oh yeah. Should be a nice gapper tomorrow
* * $CBR Video Chart 03-13-17 * *
Link to Video - click here to watch the technical chart video
CBR running hard before blizzard shuts down stock exchanges tomorrow.
Rebounding for new highs
PRINCETON, N.J., March 13, 2017 /PRNewswire/ -- AMERI Holdings, Inc. (AMRH) ("AMERI" or "Ameri100") announced today a merger proposal to CIBER, Inc. ("CIBER", "CBR", or the "Company") (CBR) valuing CBR at a price of $0.75 per share, which is a substantial premium to CBR's closing price of $0.28 on 3/10/17. In addition, AMERI has formed a stockholder group (the "AMERI Group", "we", or "us") with Lone Star Value Management, LLC (together with its affiliates "Lone Star Value") to nominate two highly-qualified candidates to CIBER's Board of Directors (the "Board") at the upcoming Annual Meeting of Stockholders ("2017 Annual Meeting"). The AMERI Group owns approximately 4.5 million shares of CBR, representing 5.5% of CBR's total shares outstanding.
I've got it on watch for the afternoon. Just gotta wait and see how the volume plays out.
any thoughts on where this is headed from .58 level? pop or crash?
I think can go $1+ on swing
CBR broke p/m high.
What's your entry?
CBR BOOM!!! ON MEREGER NEWS...BEEN LOADING THE DROP
Will they have to delist or will they get a extension to remain compliant?
Is it going to rebound at all now? Any thoughts?
I love the smell of a good turnaround story first thing in the morning
Followers
|
14
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
92
|
Created
|
11/11/08
|
Type
|
Free
|
Moderators |
About CIBER, Inc.
CIBER, Inc. (NYSE: CBR) is a pure-play international system integration consultancy with superior value-priced services and reliable delivery for both private and government sector clients. CIBER’s services are offered globally on a project- or strategic-staffing basis, in both custom and enterprise resource planning (ERP) package environments, and across all technology platforms, operating systems and infrastructures. Founded in 1974 and headquartered in Greenwood Village, Colo., CIBER now serves client businesses from over 60 U.S. offices, 25 European offices and seven offices in Asia/Pacific. Operating in 18 countries, with more than 8,500 employees and annual revenue of approximately $1.2 billion, CIBER and its IT specialists continuously build and upgrade clients’ systems to “competitive advantage status.” CIBER is included in the Russell 2000 Index and the S&P Small Cap 600 Index. CIBER, the Reliable Global IT Services Partner.
GREENWOOD VILLAGE, Colo. – Sept. 9, 2008 – CIBER, Inc. (NYSE: CBR) has been ranked among the top ten outsourcing vendors, according to The Black Book of Outsourcing, a customer experience survey analyzing more than 4,000 outsourcing vendors around the world.
The Black Book of Outsourcing survey, conducted annually by Brown-Wilson Group, a Clearwater, Fla.-based research firm and consultancy, aims to identify the 50 best-managed global outsourcing vendors as well as identify rankings for specific capabilities and within vertical industries.
The survey ranked outsourcing vendors according to responses by executives and others involved in outsourcing decision-making about their experience and satisfaction with current suppliers. The Brown-Wilson Group surveyed nearly 400,000 global outsourcing buyers to determine their attitudes toward and satisfaction with outsourcing providers. More than 24,000 responses were returned, audited and validated.
CIBER’s rankings include:
“CIBER’s ranking as a best-managed company puts it above many assumed industry leaders and above several leading Indian outsourcers,” said Doug Brown, co-founder of the Brown-Wilson Group and co-author, The Black Book of Outsourcing. “CIBER has built on its core business of providing application solutions and services, expanding its services to include infrastructure services. CIBER offers its clients services that cover the full solution lifecycle, from architecture, design and development through maintenance, hosting and support.”
In the Infrastructure Outsourcing rankings, buyers assessed CIBER’s capabilities in seven categories: applications monitoring, help desk services, data center services, desktop support, storage and servers, LAN WAN network management, and security and disaster services.
CIBER was ranked first among mid-tier infrastructure vendors in ten of the 18 attributes: vendor overall preference/vertical industry recommendations; client relationships and cultural fit; trust; breadth of offerings, client types and delivery excellence; deployment and outsourcing implementation; customization; reliability; marginal value adds; support and customer care; and best-of-breed technology and process improvement. No other mid-tier vendors were ranked first in more than one category.
“Expertise in help desk services and IT infrastructure across multiple verticals brought this mid-tier outsourcer again to the head of the services pack. Higher education and Government clients were most approving,” said Scott Wilson, co-founder of the Brown-Wilson Group and co-author, The Black Book of Outsourcing.
“This aspect of our go-to-market business model as a company has been vital to winning this new, larger, longer business, often with international delivery requirements,” said Mac Slingerlend, President and Chief Executive Officer of CIBER. “We see IT Outsourcing as potentially growing faster than any other portion of our model and bringing other business units along.”
“CIBER has embarked upon a strategy to offer mid-tier and enterprise customers another choice for their infrastructure and IT operations outsourcing needs. From data center hosting, to systems monitoring, to infrastructure support, to help desk services, we are delivering enterprise-class services that help our customers reduce costs and improve results. We are thrilled to see our work and achievements recognized in the industry,” said Mark Perlstein, President of IT Outsourcing at CIBER.
About CIBER, Inc.
CIBER, Inc. (NYSE: CBR) is a pure-play international system integration consultancy with superior value-priced services and reliable delivery for both private and government sector clients. CIBER's services are offered globally on a project- or strategic-staffing basis, in both custom and enterprise resource planning (ERP) package environments, and across all technology platforms, operating systems and infrastructures. Founded in 1974 and headquartered in Greenwood Village, Colo., CIBER now serves client businesses from over 60 U.S. offices, 25 European offices and seven offices in Asia/Pacific. Operating in 18 countries, with more than 8,500 employees and annual revenue of approximately $1.2 billion, CIBER and its IT specialists continuously build and upgrade clients' systems to "competitive advantage status." CIBER is included in the Russell 2000 Index and the S&P Small Cap 600 Index. CIBER, the Reliable Global IT Services Partner.
Forward-Looking and Cautionary Statements
Statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the company's filings with the Securities and Exchange Commission. CIBER undertakes neither intention nor obligation to publicly update or revise any forward-looking statements. CIBER and the CIBER logo are trademarks or registered trademarks of CIBER, Inc.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |