IPSU -Total ausgebombter Zuckerwert vor Turnaround
03.12.11 15:08
#1
thekey
IPSU -Total ausgebombter Zuckerwert vor Turnaround
Ticker: IPSU
Preis: $5.80
Webseite: http://www.imperialsugar.com
Mkt Cap (Mil) 71.01
Shares Out (Mil) 12.24
Float (Mil) 11.76
Charts:
Preis: $5.80
Webseite: http://www.imperialsugar.com
Mkt Cap (Mil) 71.01
Shares Out (Mil) 12.24
Float (Mil) 11.76
Charts:
04.12.11 03:45
#3
thekey
Imperial Sugar Co. has settled a suit
New York (December 02, 2011, 3:23 PM ET) -- Imperial Sugar Co. has settled a suit against Ironshore Specialty Insurance Co. over several million dollars in potential coverage for litigation and liability stemming from a widespread 2010 sugar recall, Ironshore told a Texas federal court Thursday.
Imperial launched the lawsuit in January, claiming that Ironshore had wrongly denied coverage under its $25 million umbrella liability policy for claims customers had asserted against the sugar company over the July recall.
Ironshore's notice of settlement did not elaborate on the terms of the agreement, and attorneys for...
Imperial launched the lawsuit in January, claiming that Ironshore had wrongly denied coverage under its $25 million umbrella liability policy for claims customers had asserted against the sugar company over the July recall.
Ironshore's notice of settlement did not elaborate on the terms of the agreement, and attorneys for...
04.12.11 23:58
#4
thekey
alle Widerstände
http://www.stockta.com/cgi-bin/...;num1=3&cobrand=&mode=stock
06.12.11 22:57
#5
thekey
$5.29
großer 352k trade bei $5.29 after hours - sieht mir sehr verdächtig nach Fondskauf aus!
06.01.12 12:43
#8
Joschi307
Q3 zahlen/2011
Higher raw sugar cost which along with lower volumes reduced gross margin was the primary reason for the loss in the current quarter.
"Our inability to increase prices in the face of higher raw sugar costs because of competitive pressures from domestic and Mexican sources was the principal driver of the quarter's disappointing results," commented John Sheptor, president and CEO of Imperial Sugar. "Raw sugar purchased during the quarter was priced largely against the March and May futures contracts, which peaked near $40 per hundredweight prior to the USDA import quota announcement in early April. The subsequent decline in the raw sugar futures market which occurred after the quota announcement was only temporary and the raw market has rallied back to near the same level. Our raw sugar costs in the fourth fiscal quarter should see little relief, while sales prices thus far in the fourth quarter have only improved modestly."
Gross margin as a percent of sales was a negative 6.1% for the third fiscal quarter, compared to 0.7% for the third quarter of fiscal 2010. The prior year's third quarter margins benefited from the recognition of raw sugar derivative gains intended to hedge subsequent periods; gross margin without such gain was a negative 3.4% of sales for the prior year's third quarter.
Raw sugar purchased during the third quarter averaged $38.08 per cwt (on a raw market basis), a 34% increase from the same period of the prior year and 12% higher than the immediately preceding quarter. Domestic sales prices for the third quarter averaged $47.77 per cwt, a 21% increase from the prior year's third quarter and 2.9% higher on a consecutive quarter basis.
Net sales for the third fiscal quarter were $197 million, compared to $261 million for the same period last year. The reduction in quarterly sales was principally due to the loss of direct sales volumes from the Gramercy refinery, which has been operated since January 2011 by Louisiana Sugar Refining LLC ("LSR"), a one-third owned joint venture, offset in part by higher sales prices.
Manufacturing costs for the quarter did not improve from the same period in the prior year. The Port Wentworth refinery's progress toward full production rates was hampered by raw sugar quality and mechanical reliability, including significant interruptions in the steam boilers providing power to the plant. The refinery operated at an average daily melt rate of 4.5 million pounds, approximately 75% of average rates prior to the 2008 industrial accident.
Commented Sheptor, "The Company is reviewing potential operating and capital improvements, particularly in the utilities, raw sugar melt and water management areas of the refinery, to begin addressing mechanical reliability in these operations. These areas, which were not part of the reconstruction efforts following the accident, have proved to be impediments to sustaining efficient operations at the production rates achieved prior to the accident."
Selling, general and administrative expenses for the third quarter decreased 7.0%, primarily due to lower compensation costs, offset in part by higher legal and professional costs.
Other income, which includes equity investment earnings, decreased $2.7 million in the third quarter as compared to the same period last year, primarily due to a loss from equity earnings in LSR in the current period, which offset gains in the Company's Wholesome Sweetener and Mexican marketing joint ventures.
Capital expenditures totaled $20.1 million during the nine months ended June 30, 2011. Cash and cash equivalents at June 30, 2011 were $0.3 million and the Company had $78.8 million of outstanding borrowings under its revolving line of credit. Available, unused borrowing capacity under the $140 million line, which was renewed and extended to December 31, 2015 during the quarter, was $53.5 million as of June 30, 2011.
Nine Months Ended June 30, 2011
For the nine-month period ended June 30, 2011 the Company reported a net loss of $20.8 million, or $1.75 per diluted share, compared to net income of $139.2 million, or $11.53 per diluted share, for the same period last year. The current period results include a $3.6 million pretax gain related to the contribution of the Gramercy refinery to LSR. Included in the prior year's nine-month results are $278.5 million of pre-tax gains ($178.2 million after tax) associated with the settlement of insurance claims related to the February 2008 Port Wentworth accident. Absent the insurance gains, results for the prior year's nine-month period would have been a net loss of $39.0 million. The narrower loss in the current nine-month period was primarily the result of higher sales prices which increased more than raw sugar costs.
Net sales for the current nine-month period were $616.5 million compared to $643.6 million during the same period last year primarily due to a reduction in sales volumes from the contribution of the Gramercy refinery on January 1, 2011 which was substantially offset by higher sales prices.
Gross margin as a percent of sales for the nine months ended June 30, 2011 was a negative 0.9% compared to a negative 4.1% for the same period last year primarily due to higher refined sugar prices which more than offset higher raw sugar costs. Selling, general and administrative expenses for the current nine months were $8.5 million lower than the same period of the prior year due in part to a $3.7 million workers compensation charge in the prior year, as well as lower legal and employee compensation costs.
Quelle: http://phx.corporate-ir.net/...sArticle&ID=1593666&highlight=
"Our inability to increase prices in the face of higher raw sugar costs because of competitive pressures from domestic and Mexican sources was the principal driver of the quarter's disappointing results," commented John Sheptor, president and CEO of Imperial Sugar. "Raw sugar purchased during the quarter was priced largely against the March and May futures contracts, which peaked near $40 per hundredweight prior to the USDA import quota announcement in early April. The subsequent decline in the raw sugar futures market which occurred after the quota announcement was only temporary and the raw market has rallied back to near the same level. Our raw sugar costs in the fourth fiscal quarter should see little relief, while sales prices thus far in the fourth quarter have only improved modestly."
Gross margin as a percent of sales was a negative 6.1% for the third fiscal quarter, compared to 0.7% for the third quarter of fiscal 2010. The prior year's third quarter margins benefited from the recognition of raw sugar derivative gains intended to hedge subsequent periods; gross margin without such gain was a negative 3.4% of sales for the prior year's third quarter.
Raw sugar purchased during the third quarter averaged $38.08 per cwt (on a raw market basis), a 34% increase from the same period of the prior year and 12% higher than the immediately preceding quarter. Domestic sales prices for the third quarter averaged $47.77 per cwt, a 21% increase from the prior year's third quarter and 2.9% higher on a consecutive quarter basis.
Net sales for the third fiscal quarter were $197 million, compared to $261 million for the same period last year. The reduction in quarterly sales was principally due to the loss of direct sales volumes from the Gramercy refinery, which has been operated since January 2011 by Louisiana Sugar Refining LLC ("LSR"), a one-third owned joint venture, offset in part by higher sales prices.
Manufacturing costs for the quarter did not improve from the same period in the prior year. The Port Wentworth refinery's progress toward full production rates was hampered by raw sugar quality and mechanical reliability, including significant interruptions in the steam boilers providing power to the plant. The refinery operated at an average daily melt rate of 4.5 million pounds, approximately 75% of average rates prior to the 2008 industrial accident.
Commented Sheptor, "The Company is reviewing potential operating and capital improvements, particularly in the utilities, raw sugar melt and water management areas of the refinery, to begin addressing mechanical reliability in these operations. These areas, which were not part of the reconstruction efforts following the accident, have proved to be impediments to sustaining efficient operations at the production rates achieved prior to the accident."
Selling, general and administrative expenses for the third quarter decreased 7.0%, primarily due to lower compensation costs, offset in part by higher legal and professional costs.
Other income, which includes equity investment earnings, decreased $2.7 million in the third quarter as compared to the same period last year, primarily due to a loss from equity earnings in LSR in the current period, which offset gains in the Company's Wholesome Sweetener and Mexican marketing joint ventures.
Capital expenditures totaled $20.1 million during the nine months ended June 30, 2011. Cash and cash equivalents at June 30, 2011 were $0.3 million and the Company had $78.8 million of outstanding borrowings under its revolving line of credit. Available, unused borrowing capacity under the $140 million line, which was renewed and extended to December 31, 2015 during the quarter, was $53.5 million as of June 30, 2011.
Nine Months Ended June 30, 2011
For the nine-month period ended June 30, 2011 the Company reported a net loss of $20.8 million, or $1.75 per diluted share, compared to net income of $139.2 million, or $11.53 per diluted share, for the same period last year. The current period results include a $3.6 million pretax gain related to the contribution of the Gramercy refinery to LSR. Included in the prior year's nine-month results are $278.5 million of pre-tax gains ($178.2 million after tax) associated with the settlement of insurance claims related to the February 2008 Port Wentworth accident. Absent the insurance gains, results for the prior year's nine-month period would have been a net loss of $39.0 million. The narrower loss in the current nine-month period was primarily the result of higher sales prices which increased more than raw sugar costs.
Net sales for the current nine-month period were $616.5 million compared to $643.6 million during the same period last year primarily due to a reduction in sales volumes from the contribution of the Gramercy refinery on January 1, 2011 which was substantially offset by higher sales prices.
Gross margin as a percent of sales for the nine months ended June 30, 2011 was a negative 0.9% compared to a negative 4.1% for the same period last year primarily due to higher refined sugar prices which more than offset higher raw sugar costs. Selling, general and administrative expenses for the current nine months were $8.5 million lower than the same period of the prior year due in part to a $3.7 million workers compensation charge in the prior year, as well as lower legal and employee compensation costs.
Quelle: http://phx.corporate-ir.net/...sArticle&ID=1593666&highlight=
09.01.12 10:08
#9
Joschi307
Q4/2011 Imperial Sugar
Imperial Sugar Company (NASDAQ:IPSU) today reported a net loss for the fiscal fourth quarter ended September 30, 2011 of $32.5 million, or $2.73 per share, compared to a net loss of $2.3 million, or $0.19 per share, for the same period in fiscal 2010. For the year, the Company reported a net loss of $53.4 million, or $4.49 per share, compared to net income of $136.9 million, or $11.33 per share, for fiscal 2010. Fiscal 2010 results include pretax gains resulting from the settlement of insurance claims totaling $278.5 million ($178.9 million or $14.81 per share after tax), while fiscal 2011 results include a tax charge of $18.9 million to establish a valuation allowance for tax loss carry forwards, as well as pre-tax impairment charges related to joint venture investments totaling $7.1 million.
"Imperial's results continue to be challenged by high raw sugar prices and competitive pricing dynamics," stated John Sheptor, president and CEO of Imperial Sugar. "Additionally, our progress on increasing production rates and reducing costs at the Port Wentworth refinery has been slower than we expected, adding to the unsatisfactory financial results. Studies completed by an outside refining consultant, as well as by our internal operating and engineering teams, identified potential improvements in processing and equipment reliability issues in the refinery. We are evaluating those findings and as part of our 2012 capital plan, have initiated projects to replace equipment in several key areas of the refinery. We continue to evaluate additional capital projects which may be required to be undertaken later in fiscal 2012 or in fiscal 2013.
Sheptor continued, "our operating results and the impact of high sugar prices on working capital have strained our financial resources and we are exploring opportunities to improve liquidity, including potential further asset sales. We continue to maintain compliance with the terms of our revolving credit agreement and have an open dialog with our lenders. We completed an amendment of our credit agreement in late December, which is designed to provide additional flexibility under the agreement over the next several months."
Net sales for the fourth quarter of fiscal 2011 decreased to $231.4 million compared to $264.4 million for the same period in fiscal 2010 as a result of 27% lower sales volumes, offset in part by 19% higher refined prices. The lower sales volumes were the result of the contribution of the Gramercy refinery to Louisiana Sugar Refining LLC ("LSR") in January 2011 in exchange for a one-third membership interest, which was reported on the equity method of accounting. As previously reported, in December 2011 the Company sold its membership interest in LSR. Gross margin as a percent of sales was a negative 3.5% in the current quarter compared to a positive 2.7% last year as higher reported raw sugar costs more than offset the higher sales prices.
Other income declined from a positive $1.0 million in the fourth quarter of fiscal 2010 to a negative $6.0 million as the Company's share of operating losses in LSR, as well as impairment charges, more than offset increased earnings from other investments. Impairment charges totaling $7.1 million were recorded during the fourth quarter of fiscal 2011, principally to reduce the carrying value of the LSR investment to the sales value realized subsequent to year end.
Fiscal Year Ended September 30, 2011
Net sales for fiscal 2011 were $848.0 million compared to $908.0 million in fiscal 2010, as lower sales volumes in the industrial and distributor channels more than offset higher sales prices. Gross margin as a percent of sales for fiscal 2011 improved slightly to a negative 1.6% from a negative 2.1% largely from higher sales prices.
The Company reported that it had available, undrawn revolving credit availability of $44 million, at September 30, 2011, after deducting $82 million of borrowings and $7 million of letters of credit outstanding under its revolving credit agreement. Undrawn availability was $36 million as of December 31, 2011.
Capital expenditures during fiscal 2011 were $24.8 million, principally for safety and normal equipment replacement projects.
Quelle: http://www.finanznachrichten.de/...d-fiscal-year-2011-results-004.htm
"Imperial's results continue to be challenged by high raw sugar prices and competitive pricing dynamics," stated John Sheptor, president and CEO of Imperial Sugar. "Additionally, our progress on increasing production rates and reducing costs at the Port Wentworth refinery has been slower than we expected, adding to the unsatisfactory financial results. Studies completed by an outside refining consultant, as well as by our internal operating and engineering teams, identified potential improvements in processing and equipment reliability issues in the refinery. We are evaluating those findings and as part of our 2012 capital plan, have initiated projects to replace equipment in several key areas of the refinery. We continue to evaluate additional capital projects which may be required to be undertaken later in fiscal 2012 or in fiscal 2013.
Sheptor continued, "our operating results and the impact of high sugar prices on working capital have strained our financial resources and we are exploring opportunities to improve liquidity, including potential further asset sales. We continue to maintain compliance with the terms of our revolving credit agreement and have an open dialog with our lenders. We completed an amendment of our credit agreement in late December, which is designed to provide additional flexibility under the agreement over the next several months."
Net sales for the fourth quarter of fiscal 2011 decreased to $231.4 million compared to $264.4 million for the same period in fiscal 2010 as a result of 27% lower sales volumes, offset in part by 19% higher refined prices. The lower sales volumes were the result of the contribution of the Gramercy refinery to Louisiana Sugar Refining LLC ("LSR") in January 2011 in exchange for a one-third membership interest, which was reported on the equity method of accounting. As previously reported, in December 2011 the Company sold its membership interest in LSR. Gross margin as a percent of sales was a negative 3.5% in the current quarter compared to a positive 2.7% last year as higher reported raw sugar costs more than offset the higher sales prices.
Other income declined from a positive $1.0 million in the fourth quarter of fiscal 2010 to a negative $6.0 million as the Company's share of operating losses in LSR, as well as impairment charges, more than offset increased earnings from other investments. Impairment charges totaling $7.1 million were recorded during the fourth quarter of fiscal 2011, principally to reduce the carrying value of the LSR investment to the sales value realized subsequent to year end.
Fiscal Year Ended September 30, 2011
Net sales for fiscal 2011 were $848.0 million compared to $908.0 million in fiscal 2010, as lower sales volumes in the industrial and distributor channels more than offset higher sales prices. Gross margin as a percent of sales for fiscal 2011 improved slightly to a negative 1.6% from a negative 2.1% largely from higher sales prices.
The Company reported that it had available, undrawn revolving credit availability of $44 million, at September 30, 2011, after deducting $82 million of borrowings and $7 million of letters of credit outstanding under its revolving credit agreement. Undrawn availability was $36 million as of December 31, 2011.
Capital expenditures during fiscal 2011 were $24.8 million, principally for safety and normal equipment replacement projects.
Quelle: http://www.finanznachrichten.de/...d-fiscal-year-2011-results-004.htm
13.01.12 19:24
#11
thekey
Imperial Sugar $IPSU: Diary Of A Mad investor
Imperial Sugar $IPSU: Diary Of A Mad investor
http://seekingalpha.com/article/...ary-of-a-mad-investor?source=yahoo
http://seekingalpha.com/article/...ary-of-a-mad-investor?source=yahoo
13.01.12 19:26
#12
thekey
Aktueller Kurs: $2.77
Sieht mir aktuell nach Bodenbildung aus.
Aktueller Kurs: $2.77
Aktueller Kurs: $2.77
18.01.12 19:00
#13
thekey
Aktie will wieder nach oben!
Aktie will wieder nach oben!
Aktueller Preis $2.91
Aktueller Preis $2.91
18.01.12 19:04
#14
thekey
key data
http://www.dailyfinance.com/quote/nasdaq/...mpany/ipsu/key-statistics
Book Value $13.21
Mkt Cap (Mil) $32.75 bei $2.90
Shares Out (Mil) 12.22
Float (Mil) 11.76
Book Value $13.21
Mkt Cap (Mil) $32.75 bei $2.90
Shares Out (Mil) 12.22
Float (Mil) 11.76
20.01.12 22:06
#16
thekey
Nächste Woche
Nächste Woche dürfte eine IPSU Woche werden.
Rechne mit $4 bis Ende der Woche.
Heutiger Schlußkurs $3.01
Boden bei $3.00
Rechne mit $4 bis Ende der Woche.
Heutiger Schlußkurs $3.01
Boden bei $3.00
31.01.12 20:21
#19
thekey
Aktueller Kurs $3.40
Aktie steht vor großer Bewegung nach oben! Aktueller Kurs $3.40
04.02.12 02:16
#20
thekey
Heutiger schlußkurs
Heutiger Schlußkurs $3.46
Weiterhin gilt es die $3.50 Marke zu durchbrechen.
Am Donnerstag , den 9.2. kommen vorbörslich die Quartalszahlen.
Bleibe hier weiterhin investiert und glaube nachwievor an einen starken Anstieg der Aktie innerhalb der nächsten Tage und Wochen.
Weiterhin gilt es die $3.50 Marke zu durchbrechen.
Am Donnerstag , den 9.2. kommen vorbörslich die Quartalszahlen.
Bleibe hier weiterhin investiert und glaube nachwievor an einen starken Anstieg der Aktie innerhalb der nächsten Tage und Wochen.
04.02.12 02:20
#21
Vollzeittrader
Was denkst du als Charttechniker,
wo bei Durchbruch von 3,50$ der Weg hinführt? Deine Einschätzung?
04.02.12 02:21
#22
thekey
first quarter financial results
Imperial Sugar Company (NASDAQ: IPSU), announced today that it will release fiscal 2012 first quarter financial results before the market opens on Thursday, February 9, 2012.
Company officials will conduct a conference call, starting at 11:00 a.m. Eastern, Thursday, February 9, 2012. Imperial Sugar President and CEO John Sheptor and Senior Vice President and CFO Hal Mechler, will discuss the company’s operating results for its fiscal first quarter ended December 31, 2011, its current financial position and its business strategies.
Participants wishing to listen and participate in a brief question-and-answer session after the presentation can dial 1-866-730-5769 and enter the Participant Passcode: 55940285. The conference call can also be accessed via live audio webcast by visiting Imperial Sugar’s web site at http://www.imperialsugarcompany.com/investor-relations and clicking on the “Q1 2012 Imperial Sugar Earnings Conference Call” icon under “Investor Relations”. For those who are unable to listen to the call during its live broadcast, a replay of the entire presentation will be available on the company’s web site beginning one hour following the conclusion of the call. In addition to the webcast replay, a telephone replay will also be available beginning one hour following the conclusion of the call that can be accessed by dialing 1-888-286-8010 and entering the Passcode: 87642007. Both replays will be available through March 9, 2012.
Please note: Participants planning to listen to the call via the Internet may need to download Windows Media Player® to hear the call if this feature has not been previously installed on their computers.
About Imperial Sugar
Imperial Sugar Company is one of the largest processors and marketers of refined sugar in the United States to food manufacturers, retail grocers and foodservice distributors. The Company markets products nationally under the Imperial®, Dixie Crystals® and Holly® brands. For more information about Imperial Sugar, visit www.imperialsugar.com.
Company officials will conduct a conference call, starting at 11:00 a.m. Eastern, Thursday, February 9, 2012. Imperial Sugar President and CEO John Sheptor and Senior Vice President and CFO Hal Mechler, will discuss the company’s operating results for its fiscal first quarter ended December 31, 2011, its current financial position and its business strategies.
Participants wishing to listen and participate in a brief question-and-answer session after the presentation can dial 1-866-730-5769 and enter the Participant Passcode: 55940285. The conference call can also be accessed via live audio webcast by visiting Imperial Sugar’s web site at http://www.imperialsugarcompany.com/investor-relations and clicking on the “Q1 2012 Imperial Sugar Earnings Conference Call” icon under “Investor Relations”. For those who are unable to listen to the call during its live broadcast, a replay of the entire presentation will be available on the company’s web site beginning one hour following the conclusion of the call. In addition to the webcast replay, a telephone replay will also be available beginning one hour following the conclusion of the call that can be accessed by dialing 1-888-286-8010 and entering the Passcode: 87642007. Both replays will be available through March 9, 2012.
Please note: Participants planning to listen to the call via the Internet may need to download Windows Media Player® to hear the call if this feature has not been previously installed on their computers.
About Imperial Sugar
Imperial Sugar Company is one of the largest processors and marketers of refined sugar in the United States to food manufacturers, retail grocers and foodservice distributors. The Company markets products nationally under the Imperial®, Dixie Crystals® and Holly® brands. For more information about Imperial Sugar, visit www.imperialsugar.com.
04.02.12 02:23
#23
thekey
@Vollzeittrader
Ich orientiere mich hier an den Gaps , welche als Staffelziele dienen.
Erste Ziel ist $4.31 dann $5.67 usw
Erste Ziel ist $4.31 dann $5.67 usw
Angehängte Grafik:
screenhunter_02_feb.gif (verkleinert auf 94%)
screenhunter_02_feb.gif (verkleinert auf 94%)
06.02.12 16:08
#25
thekey
Verdoppler ist hier locker drin imo
Ausbruch erfolgt! Tageshoch $3.67 , Tagestief $3.45.
Bruch der wichtigen $3.50 Marke somit erfolgt!
Verdoppler ist hier locker drin imo
Bruch der wichtigen $3.50 Marke somit erfolgt!
Verdoppler ist hier locker drin imo
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