Tidewater Inc. (TDW)

[benfrankledger]

Doing deeper dive thank you. Happy holidays.

[uber darthium]

Word is they are buying HOSed and will be putting a good HOSing to the TDW shareholders. The new combined WATERHOSe company should be decently profitable once the turnaround takes place. Short TDW until the dust settles. Money to be made here.

[benfrankledger]

Any turn around prospects for 2020?

[uber darthium]

I think HOSed, even at 37 cents is so bad, but for maybe of their top 12-15 boats, the rest of the fleet going to the scrap yards. The parked fleet, representing the greater majority of their fleet, has in reality, already achieved junk or scrap status due to little or no maintenance.

Would be neat to have a company called WATERHOSe, but Todd is too toxic for Tidewater. Hopefully Tidewater sustains this dead period and comes back as the proud company I recall growing up.

[benfrankledger]

Makes you wonder.

[uber darthium]

Possible merger with Hornbeck.

new ticker - WATERHOSed

[uber darthium]

$14.69. HOS must be secretly running Tidewater. Only the brain trust at HOSed can do this to a company

Going to be under $10 by Christmas

[uber darthium]

$24 to $15 in 60 days Is Hornbeck running TDW now ? Sure looks like it.

TDW getting HOSED by HOSed

TDW to the pennies, time to short it

[benfrankledger]

Pretty wild ride so far. Seems to be following similar paths.

[uber darthium]

Growing up, I remember when Tidewater was a respectable company Tidewater then raped the bondholders, raped the shareholders in the RV/bankruptcy. Revalued their paper at $25/share. Did the Gulfmark deal and look where we are today.

Bad bad future. I predict another trip to the 6th and 7th floors of 501 Magazine street if they file in the EDLA.

Anyone surprised ?

[benfrankledger]

Haha likely

[uber darthium]

I remember when this stock was $25. We may never again see that valuation. Maybe the Gulfmark deal wasn’t so smart

[uber darthium]

Think of the damage Todd Hornbeck could do to Tidewater in just a matter of days.

The combined HOSedwater fleet be doomed !

Or change name to ToddWater, just as bad. I see lots of boats dark stacked away and rusting, if not sinking in harbor,

[benfrankledger]

LMAO yeah 2 years made it only worse. Merger would be interesting though.

[uber darthium]

Bosman, how did that line of investing turn out for you ?

TDW going the way of Hornbeck

They will merge one day to become HOSedwater.

Garbage penny stocks in the future

[uber darthium]

How’s that recovery coming ? LMAO

Tidewater tanking, again, check out their reverse split coming. It’s in their playbook.
Section 101

Maybe a merger with Hornbeck, given their similar DNA lineage and history.

HOSedwater, coming soon to pennystock exchange

[benfrankledger]

Moreover, using fresh-start accounting, the company has impaired the value of its industry-leading fleet of roughly 250 vessels by another $2 billion or 70% from previous levels to just $870 million, down from almost $5 billion at its peak in early 2015.

[benfrankledger]

After the recently completed financial restructuring, the company's balance sheet is among the strongest in the industry with zero net debt and cash of $460 million as of September 30. With the new debt not being due before 2022, Tidewater now has ample time to position itself for a potential industry recovery.

[benfrankledger]

Tidewater's first financial report after emerging from bankruptcy contained no real surprises, revenues continue to decrease as vessels roll off lucrative legacy contracts, either adding to an already heavily oversupplied spot market or getting stacked right away. While EBITDA was still slightly positive, operating activities consumed roughly $18 million in cash.

[VERITAS77]

Àlllllrightythen...

[ClayTrader]

* * $TDW Video Chart 05-15-17 * *

Link to Video - click here to watch the technical chart video

[Value_Investor]

Exactly like I predicted in March the pos scam finally filed the CH11 yesterday! Total 492,230 shares dumped at $0.4101 ~ $0.7124 from 8.00AM to 9:30AM and also hundreds of thousands of shares dumped at as low as $0.4000 before 8:00AM. We should see the Penny Land very soon...

[eFinanceMarkets]

Tidewater in pre-packaged bankruptcy deal; shares -20%

The company has inked a Restructuring Support Agreement with certain of its lenders, and expects to file for chapter 11 by next Wednesday.

Tidewater (NYSE:TDW) continues to negotiate with the NYSE about keeping its listing through the restructuring process.

Under the deal, existing common stockholders will be wiped out, and receive common stock in the reorganized Tidewater representing 5% of the company, along with two sets of warrants.

Shares -19.75% premarket to $0.712.

[eFinanceMarkets]

Tidewater +11% as it stops seeking more waiver extensions
Tidewater (TDW +11%) posts strong gains after saying it will not seek renewal of limited waivers from its lenders and noteholders following yesterday's expiration of the latest one.
TDW has been in talks since last year with its principal lenders and noteholders to amend its various debt arrangements to obtain relief from certain covenants.
TDW CEO Jeffrey Platt says work remains to resolve "a small number of issues" and to obtain board approval as well as final approval from the various financial institutions.

[Value_Investor]

TDW has bad news today! Wavers expired yesterday! Another new low $0.7xx will be hit very soon...

We might see the CH7 or CH11 bankruptcy within a few days/weeks...

[ClayTrader]

* * $TDW Video Chart 3-21-17 * *

Link to Video - click here to watch the technical chart video

[ROUGAROU]

Agree. Shorts are pummeling this thing when it wants to recover. I'll wait.

[onkel_axel]

As much as needed to figure out a solution.
This is a good sign. Lenders and noteholder are aware bancrupcy will only benefit tidewater and not them. Abd they don't see them not able to pay back the depts. Otherwise they would not negotiate.

To bad I bought in at $1.30
But yeah. No good news = easy to bring down


We have to ask our self if the whole offshore industry will go down. I doubt that

[ROUGAROU]

How many extensions will TDW get?

[bosman]

less than 1.00

[onkel_axel]

already hit 1.25 a couple days ago

[DrShocker]

A month or so down here? Maybe I can grab some 1.25s

[bosman]

time to buy TDW won't go any lower load up

[bosman]

extension on loan hope earnings are good what do you think?

[RISK-TAKER]

Been in a free fall for days..on no news..
Took a position..I missed the last push upwards..I see it coming back soon..
Low float stock and know the swings may be big..
Will average down if needed ...
G/L

[jumpingmullet]

not selling off.Maybe they will finally put out that PR thats going to take pirs to the 8.00 mark like some analist have predicted

[jumpingmullet]

Talk about being oversold here.A bargain now!

[jumpingmullet]

Talk about being oversold here.A bargain now!

[crudeoil24]

Good timing! Oil futures WTI may hit 55/barrel. Could be a good time to take profits then. That is what I am doing.

[running bull]

Got in all my oil stocks 2 weeks ago what a ride. The hardest part is when do you take profits? JMO

[crudeoil24]

Last three weeks here have been huge! Up over 100%.

[ClayTrader]

* * $TDW Video Chart 12-05-16 * *

Link to Video - click here to watch the technical chart video

[greedkillsdeal$]

"Somethings up on the low." Bullish...

[greedkillsdeal$]

Tic toc!

[greedkillsdeal$]

Tic toc!

[wiltonio]

Activist investor ROBOTTI ROBERT just increased their stake in TDW by 52% https://fintel.io/i13d/robotti-robert

[alchemytrader]

Still undervalued? Looks like BK

[girlfriend]

TDW…anybody? Anybody? Will TDW avoid filing for BK? Offshore slump to continue?

[stocktrademan]

TDW bearish 4.77

[ClayTrader]

* * $TDW Video Chart 05-26-16 * *

Link to Video - click here to watch the technical chart video