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~ $TGH ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $TGH ~ Earnings expected on Monday * This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you! 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.
Hi Klak. Its IPO date is set for 10/10 which is tomorrow. that came up fast. The initial offering is said to be $16.50 per share. This one looks quite interesting. What's your thoughts on this one? Goodluck..
Any idea, date of when this ipo starts to trade? Looks like it could be a multi-bagger, re: to DRYS, EXM, etc. Not many people talking about it, could be undiscovered? I know Im keeping my best eye on it.
September 27, 2007
IPO FILING: Textainer Group Holdings Limited
Textainer Group Holdings Limited has filed to come public in the U.S. via an IPO. Textainer has listed that it wants to sell up to $207 million in common stock and lists 9 million shares as the offering from the company with another 1.35 million shares being listed as the overallotment for underwriters. Its price range has been set at $19.00 to $21.00 per share and it will take the proposed ticker of "TGH" on the NYSE.
Its principal shareholder, Halco Holdings Inc., which is owned by a trust in which Trencor Limited and certain of its affiliates are the sole discretionary beneficiaries, has indicated to the underwriters its interest in acquiring $30.0 million of common shares in this offering at the initial offering price and if these are purchased would be subject to a 180-day lock-up period.
Credit Suisse and Wachovia Securities are listed as the lead underwriters and co-managers are listed as Jefferies & Co., Piper Jaffray, and Fortis Securities. Trencor holds a significant interest and Trencor is publicly traded on the Johannesberg Stock Exchange in South Africa.
Operating since 1979, Textainer claims to be the world’s largest lessor of intermodal containers based on fleet size with a total fleet of more than 1.3 million containers. It leases containers to more than 300 shipping lines and other lessees, including each of the world’s top 20 container lines. It also provides services worldwide via a network of 14 regional and area offices and over 300 independent depots in more than 130 locations. The operations are broken into four core segments: Container Ownership (representing 52% of fleet as of June 30, 2007), Container Management (representing the remaining 48% of fleet as of June 30, 2007), Container Resale (owned and managed containers and as a trader) and Military Management (as the main supplier of containers to the U.S. military).
After the offering, this will have 47.604 million shares outstanding, and Halco will hold 29.178 million shares after the offering.
Jon C. Ogg
September 27, 2007
Jon Ogg produces the 24/7 Wall St. "Special Situation Investing Newsletter" and does not hold securities in the companies he covers.