| Author | Message | ||
     Jfh Moderator Username: Jfh Post Number: 195 Registered: 10-2003 |
The end, I guess. Saturday I received a pmt of $1,474.05 for my 2,333 shares Curiously I still have various warrants with a value of 7 cents on my account | ||
| Jfh Moderator Username: Jfh Post Number: 125 Registered: 10-2003 |
ABNTQ.OB 8-K: http://biz.yahoo.com/e/050414/abntq.ob8-k.html (Message edited by jfh on April 14, 2005) | ||
| Jfh Moderator Username: Jfh Post Number: 120 Registered: 10-2003 |
ABNTQ.OB 10-K http://biz.yahoo.com/e/050413/abntq.ob10-k.html | ||
| Jfh Moderator Username: Jfh Post Number: 117 Registered: 10-2003 |
American Banknote Corporation Recapitalizes Monday April 11, 11:57 am ET Emerges from Bankruptcy Effectively Debt-Free http://biz.yahoo.com/bw/050411/115769.html?.v=1 | ||
| Jfh Moderator Username: Jfh Post Number: 1653 Registered: 10-2003 |
As of today the symbol is ABNTQ.OB | ||
| Jfh Moderator Username: Jfh Post Number: 1651 Registered: 10-2003 |
slip: personally I'm sitting on my 2,333 + various (probably worthless) warrants and will wait for developments. It's an intriguing situation. Of course the prices quoted could be totally phony anyway as often happens with .ob stocks | ||
| Slip_60 Registered Member Username: Slip_60 Post Number: 330 Registered: 10-2003 |
I don't own any, but if any of you do, are you able to sell now?? What are your plans? | ||
| Jfh Moderator Username: Jfh Post Number: 1649 Registered: 10-2003 |
C2C, others: even better; it's up an other 60% so far today | ||
| See2see Registered Member Username: See2see Post Number: 35 Registered: 10-2003 |
Whenis the last time that a company files for bankruptcy and its stock triples? | ||
| Jfh Moderator Username: Jfh Post Number: 1647 Registered: 10-2003 |
ABNT.OB up 153% tonight in much higher volume !?!? What gives ? | ||
| Jfh Moderator Username: Jfh Post Number: 1646 Registered: 10-2003 |
ABNT.OB latest 8-K: http://biz.yahoo.com/e/050121/abnt.ob8-k.html | ||
| Rjo Registered Member Username: Rjo Post Number: 447 Registered: 10-2003 |
Gap, Thanks for sharing. So much for Paul Revere! RJ | ||
| Gap Registered Member Username: Gap Post Number: 560 Registered: 10-2003 |
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| See2see Registered Member Username: See2see Post Number: 27 Registered: 10-2003 |
A restructuring is in the cards. Does the fact that the company is buying back some debt at around 66 cents on the dollar give any clue on the value to common shareholders? I think there is a fifty fifty chance of having something at the end of this for common shareholders. I would think the debtholders would have more to get by working with the company instead of overpriced bankruptcy lawyers trimming the carcass that debtholders want to pick. I suspect similar to the last round you will get diluted about 10 to one, but if the debt is extinguished, that might be OK. Wish TC were here for this one. With the debt being bought in at 66 cents, that leads me to believe that the value the debtholders will recieve is more than that if they stick it out, but the time involved will erode that value if it has to go through a bankruptcy process. | ||
| Jfh Moderator Username: Jfh Post Number: 1518 Registered: 10-2003 |
ABNT.OB files 10-Q http://biz.yahoo.com/e/041115/abnt.ob10-q.html | ||
| Jfh Moderator Username: Jfh Post Number: 1170 Registered: 10-2003 |
10 Q filed: http://biz.yahoo.com/e/040813/abnt.ob10-q.html | ||
| Jfh Moderator Username: Jfh Post Number: 997 Registered: 10-2003 |
ABNT.OB: today's 8-K: http://biz.yahoo.com/e/040628/abnt.ob8-k.html | ||
| Jfh Moderator Username: Jfh Post Number: 898 Registered: 10-2003 |
see2see, sorry, hadn't read your post. What can I say ? I, like many others, own the stock and a bunch of warrants. Are there miracles ? (Message edited by jfh on May 27, 2004) | ||
| Jfh Moderator Username: Jfh Post Number: 859 Registered: 10-2003 |
ABNT.OB 10-Q: http://biz.yahoo.com/e/040517/abnt.ob10-q.html | ||
| See2see Registered Member Username: See2see Post Number: 15 Registered: 10-2003 |
jfh, Yes, I see , but of what interest is this information? I think the company is headed toward a second restructuring. The stock is almost worthless, 10 million shares at under .30 is 3 million stock market value and the debt is 100 Million, and matures soon. A voluntary restructuring or bankruptcy restructuring is in the cards. It might be interesting to see if there is some way to make a dime during the restructuring, but I don't think you'll see that until the debt matures. PS do you know where the debt trades? I would guess 50 cents on the dollar, making the enterprise value 53 million or so. And further, do you have any idea what the company would be worth if debt free, or if liquidated? So many questions and so few answers. Where is TC when you need him? I think he would know how to estimate these values. | ||
| Jfh Moderator Username: Jfh Post Number: 765 Registered: 10-2003 |
10 K/A for ABNT.OB http://biz.yahoo.com/e/040430/abnt.ob10-k_a.html | ||
| Jfh Moderator Username: Jfh Post Number: 661 Registered: 10-2003 |
8K: http://biz.yahoo.com/e/040420/abnt.ob8-k.html | ||
| Jfh Registered Member Username: Jfh Post Number: 542 Registered: 10-2003 |
sorry link missing: http://finance.yahoo.com/p?v&k=pf_78 | ||
| Jfh Registered Member Username: Jfh Post Number: 541 Registered: 10-2003 |
Symbol changed again. We're back where we were, it's ABNT.OB again http://finance.yahoo.com/p?v&k=pf_78 (Message edited by jfh on April 01, 2004) | ||
| Jfh Registered Member Username: Jfh Post Number: 536 Registered: 10-2003 |
ABNTE.OB March 30; 10-K; not so hot: http://biz.yahoo.com/e/040330/abnte.ob10-k.html | ||
| Super Moderator Username: Super Post Number: 409 Registered: 10-2003 |
Gee, I tried a search of SEC on "American Banknote" and came up with some pretty weird stuff! http://www.sec.gov/cgi-bin/browse-edgar?company=American+Banknote&CIK=&filenum=& State=&SIC=&owner=include&action=getcompany | ||
| Super Moderator Username: Super Post Number: 408 Registered: 10-2003 |
I think the "E" signifies a late required filing with the SEC. What is the company name? Sounds like that might a more permanent identifier than the symbol. | ||
| Jfh Registered Member Username: Jfh Post Number: 479 Registered: 10-2003 |
ABNK is the old old symbol. For the past few years it has been ABNT.OB Yesterday it was changed to ABNTE.OB | ||
| Jfh Registered Member Username: Jfh Post Number: 413 Registered: 10-2003 |
Super: the correct symbol here is ABNT.OB not ABNK | ||
| See2see Registered Member Username: See2see Post Number: 12 Registered: 10-2003 |
A beneficiary of the dropping dollar??? | ||
| Jfh Registered Member Username: Jfh Post Number: 41 Registered: 10-2003 |
ABNT.OB 10 Q: http://biz.yahoo.com/e/031113/abnt.ob10-q.html |
