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HC2 Holdings Inc. (HCHC)

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Last Post: 11/26/2020 9:31:51 PM - Followers: 10 - Board type: Free - Posts Today: 0


Primus Telecommunications Group Inc.
7901 Jones Branch Road
Suite 900
Mclean, VA 22102
United States - Map
Phone: 703-902-2800
Fax: 703-902-2877

Stock Information

Stock Symbol:  PRTL (Currently trading on the OTCBB & Pink Sheets Quote Systems)


About Primus Telecommunications

Like other industry leaders, Primus delivers high-quality solutions for more than 2.4 million consumers, including small & medium enterprises and multinational businesses. Unlike the rest, Primus takes advantage of global telecommunications deregulation. This allows Primus to bring you facilities-based networks and facilities-based datacenters for a sophisticated line of services to manage your complete E-Business and data communication needs.

Primus has ownership interests in over 23 transoceanic fiber-optic cable systems in Europe, North and South America, and the Asia-Pacific region.

Primus also holds Internet assets including:

  • Second-largest alternative communications company in Canada
  • Third-largest Internet Service Provider (ISP) in Australia
  • Fourth-largest full service carrier in Australia
  • Fifth-largest ISP in Canada
  • Fifth-largest independent ISP in Brazil
  • A leading competitive entrant in Europe

Voice Services

Primus offers a rich set of residential and business voice services:

  • Domestic and international long distance
  • International toll-free service
  • Calling cards
  • Prepaid long distance

E-Business Solutions

Primus has E-Business solutions to address client's communications needs and ensure their ability to meet service and cost-control objectives. The Primus suite integrates global data and Internet services, which ride on Primus’ facilities-based assets.

Products in the Primus suite share features from product to product including security, reliability, and availability, regardless of customer locale. Companies have access to the same Web-hosting features in the US and the UK as they do in Germany or Brazil.

Additionally, Primus offers E-Business solutions to meet any bandwidth, security, and budget. The Primus suite also offers integrated billing with options for languages, currency, and media.

Primus suite services include:

  • ASP (Application Service Provider) Services
  • Dedicated T-1 and Dial-up Internet Access
  • DSL (Digital Subscriber Line)
  • Global IP Roaming

Primus presents proactive network monitoring up to and including CPE (Customer Premise Equipment) -- as long as it’s Primus-provided and -certified equipment. This allows Primus to offer industry-leading Service Level Agreements.


One reason why should you care about this company??
Steve Cohen of SAC Capital just purchased close to 8 million shares of this stock at .91 (see the July 9, 2007 filing here: http://www.sec.gov/Archives/edgar/data/1006837/000089914007001276/p070907a.txt ) In case you don't know who Steve Cohen is, he is a legend among hedge fund traders. His fund, SAC Capital manages nearly 15 Billion in Assets. Read about SAC Capital here: http://en.wikipedia.org/wiki/SAC_Capital_Partners And read up on Steve Cohen here: http://en.wikipedia.org/wiki/Steven_A._Cohen

Read this taken from the last 10K filed by PRTL (it may give you a better idea of what is to come here:
Transformation Strategy in 2007

With the substantial progress made in 2006, we are now positioned to embark on a two-year ‘Transformation Strategy’ to strengthen significantly our balance sheet, resume top line revenue growth before the end of 2008, and re-list on NASDAQ. While this is an admittedly aggressive set of goals, given the successful execution on multiple operational and financial initiatives over the past year with constrained resources, we have confidence that these are reasonable goals.

Key elements of our two-year Transformation Strategy are as follows:
• Strengthen the balance sheet opportunistically through potential de-levering transactions and equity capital infusions.
• Significantly improve our non-sales and marketing cost structure through increased outsourcing and/or off-shoring at lower cost locations globally; improve coordination among PRIMUS business units to deliver synergy savings; and maintain an aggressive cost management program. Re-deploying the resultant savings back into sales and marketing activities with attractive payback parameters should, in turn, increase margins.
• Focus on improving sales productivity and margin enhancements by leveraging our network assets and increasing the revenue mix in favor of higher margin growth services.
• Opportunistically sell non-strategic assets and businesses and use the proceeds either to accelerate growth of high-margin businesses or to strengthen the balance sheet.

Our strategy for 2007 and beyond is unchanged—maintain a narrow focus, invest wisely and tightly control costs. While revenue may decline year over year, as we continue to prune low-margin, unprofitable revenue streams, our objective is to improve cash flows by 10% or more over 2006, recognizing seasonal fluctuations in quarterly performance. At that level of cash flows (which assumes stable currency exchange rates throughout 2007 and excludes any material expenses related to further restructuring) and with our current cash position and our completed 2007 debt transactions, we believe our 2007 business plan is fully funded.



Share Structure
Shares Outstanding: 114.13M
Float: 96.57M

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
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  • 5Y
#91   Same activist MG Capital in Contura freddie me 11/26/20 09:31:51 PM
#90   I bought bunch, oversubscribed freddie me 11/26/20 09:30:51 PM
#89   HC2 Holdings Announces Closing of Rights Offering (11/25/20) Enterprising Investor 11/26/20 03:48:55 PM
#88   Just In: $HCHC HC2 Holdings to Announce Third whytestocks 10/26/20 11:30:21 PM
#87   Falcone is good; 1st HRG now HCHC... db7 02/10/20 05:53:01 PM
#86   * * $HCHC Video Chart 02-10-2020 * * ClayTrader 02/10/20 05:36:40 PM
#85   * * $HCHC Video Chart 11-13-18 * * ClayTrader 11/13/18 05:11:52 PM
#84   HCHC looking very good right now... Mokyo Toe 05/22/17 02:42:57 AM
#83   HCHC bullish 4.6 stocktrademan 08/19/16 04:55:44 PM
#82   Why is the post market buying of only IPO$ 05/18/16 07:07:23 PM
#81   Business not understood by Wall Street. Has around bell345 12/12/15 02:18:06 PM
#80   HCHC moved to the AMEX: Renee 12/29/14 05:31:11 PM
#79   $HCHC DD Notes ~ http://www.ddnotesmaker.com/HCHC stocktrademan 11/29/14 10:53:58 AM
#78   HCHC two nice candlesticks and over $5M dollar protagonist12 10/05/14 11:45:52 PM
#77   Primus Telecommunications Group Inc., PTGI changed to HC2 Renee 04/11/14 05:48:30 PM
#76   Will hit $4 in no time SOURCE= http://archive.fast-edgar.com//20140107/AN22K222Z HiJames 01/08/14 07:30:24 PM
#75   PTGI delisted from NYSE to OTC: Renee 11/27/13 06:04:43 PM
#74   $PTGI ~ Daily Par Sar Buy Signal ~ Penny Roger$ 08/28/13 07:35:49 PM
#73   A long time ago, I received some PMUG elleryqueen 11/21/12 04:02:36 PM
#72   Nice recovery PTGI Penny Roger$ 03/14/12 03:29:19 AM
#71   ~ Wednesday! $PTGI ~ Earnings posted, pending or Penny Roger$ 03/14/12 03:28:50 AM
#70   Primus Telecommunications Group, Incorporated (Primus) is an integrated Penny Roger$ 03/14/12 03:28:23 AM
#69   Jul 01, 2009 17:16 ET billgatesjr 07/02/09 10:04:57 AM
#68   As you can see Primus has a hard nWo 12/21/08 12:39:26 AM
#67   Primus, needs to come out with new technology nWo 12/20/08 11:56:04 PM
#66   No Offense that does not impress me at nWo 12/05/08 11:45:05 PM
#65   Seems like new stuff to me... ~ TRT ~ 12/05/08 12:03:24 AM
#64   This Stock is headed for the crapper, seriously nWo 12/04/08 05:01:15 PM
#63   Yeah it was really rough.imo mrs trader 11/12/08 07:27:55 PM
#62   what a major dump today The Night Stalker 11/11/08 02:32:49 PM
#61   I would like to see the company doing mrs trader 10/31/08 02:14:29 PM
#60   I feel if the company had a bit mrs trader 10/31/08 02:10:59 PM
#59   Expanding there networks will help the company broaden mrs trader 10/31/08 02:08:50 PM
#58   The company needs to find an acquisition to mrs trader 10/31/08 02:06:29 PM
#56   Nice, a golden cross is lookinng to happen ThePennyTrader 08/04/08 11:21:34 AM
#55   Looks like up about 3% this morning, slow ThePennyTrader 08/04/08 10:24:39 AM
#54   2nd Qtr Financials show some very interesting numbers ThePennyTrader 08/03/08 09:51:15 PM
#53   It seems unbelievable to me that there is ThePennyTrader 08/03/08 09:38:27 PM
#52   News out ThePennyTrader 08/03/08 09:35:51 PM
#51   sorry but,i have no idea at this point Poundthetable 05/22/08 08:20:16 AM
#50   I didn't know Primus was a publc company Cuppy 05/21/08 08:08:35 PM
#49   what the heck does this turd wanna do already? Poundthetable 03/19/08 08:43:32 PM
#48   PRTL broke the 50dma with news, anyone adding? pj McMulligan 02/28/08 01:20:12 PM
#47   PRTL latest update-October 12, 2007 - 9:46 AM EDT Poundthetable 10/18/07 09:59:01 PM
#46   maybe she is ready for a turnaround soon...how Poundthetable 08/25/07 09:25:35 PM
#45   wow,this one is really tanking here....lol. Poundthetable 08/07/07 04:10:00 PM
#44   Blue, You still in this one?? noluck_99 08/02/07 04:53:26 PM
#43   welcome aboard recolect... i added today and last Pennyland 07/23/07 08:38:29 PM
#42   PRTL-Annotated Chart.......... recolect 07/23/07 08:01:06 PM
#41   helped take down the ask today fwiw recolect 07/23/07 07:38:35 PM
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