Replies to post #5233 on Hayes Lemmerz International Inc. (fka HAYZQ)

[vitaly]

ken, nobody cares how much the company has in sales. what people care about is how much the company has on the books. With hayz 2 billion in sales, there is still no good cash flow.

Which means many things to a company who wants to buy them, such as the equipment in the plants is outdated, bla bla bal

Dont forget half a billion or so in debt. Sides this company has no what one would call brand value. When you go get a new car, you ask what kind of tires are on it, you dont ask about those shiny metal things that hold the tire cause you simply dont give a shit about it. (unlike ford and GM)

So ya 1-2 range is about all this company is worth right about now. enough to pay off the bills, take over the plants and stick a new label on it. And give a bit to the managment and layers.

Oh and for those of you who think that well i will not take the deal, hehe, well if the board approves the deal, it will go through and your shares will just be a piece of paper.


Also, with a company with such a huge dept ratio, and poor cash flow, take a bad deal is in the best interest of the shareholders.

so all this ranting is summed up like this : hayz is not in a strong negotiating position.

[mikeyk]

Market cap is easy to figure out, float is around $100 million shares, so what ever the PPS is at that second is what the market cap is. When I made the post, the stock was at .16, so $16 million market cap, when you looked it may have been .17, so $17 million market cap. Still way undervalued, if there is a buyout, no one in their right mind would value the company at that low of a sale price. A year ago it was over $4 a share, so the market cap was $400 million. ISEG is being used by somebody to hold the PPS down, someone is trying to tire other people out to acquire a larger position for themselves. There's always a reason why the MM's get involved or another trader/hedge fund does this kind of crap. I still can't see the justification of this hitting under .03 a share, stock is still down 94% from a year ago. Someone stalled it at .29 and has walked it back down to where we are today.