CHLR, .37x.40, profitable, revenues >$50mil
Fully SEC reporting.
AQUIRES 15% stake in Afinta Motors & exclusive worldwide distribution rights
biz.yahoo.com
Chancellor Corporation Ticker: CHLR Page 1 of 10
Complete Financials: September 1999 Exchange OTC
FY END DEC
ISSUE DATA (12/31/99) PER SHARE DATA RATIOS
Price $ 0.28 EPS (TTM) $ 0.04 P/E (TTM) 8.03
52W High $ 1.03 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 0.22 Book Value $ 0.25 Price/Book 1.12
Shrs Out 58.52 Mil Cash $ 0.03 ROE (TTM) 21.15 %
Float 22.80 Mil Rev (TTM) $ 1.24 ROA (TTM) 5.80 %
Mon. Vol 0.52 Mil Curr. Ratio NM
Beta -3.87 LT Dbt/Eqty 0.69
BRIEF: CHLR is engaged in buying, selling, leasing and
remarketing new & used equipment, primarily transportation,
material handling and construction equipment, managing
equipment on and off-lease, and arranging equipment related
financing. For the nine months ended 9/30/99, revenues rose
from $15M to $47.1M. Net income totalled $1.2M, up from
$325K. Results reflect higher transportation equipment
revenues and cost containment efforts.
HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars)
REVENUE 1996 1997 1998 1999
1st Qtr MAR 1,340 659 1,005 13,390
2nd Qtr JUN 1,521 668 1,407 15,834
3rd Qtr SEP 1,131 1,059 12,569 17,856
4th Qtr DEC 1,521 2,047 21,454
EPS (U.S. Dollars per share)
1st Qtr MAR -0.080 -0.290 0.000 0.000
2nd Qtr JUN -0.050 -0.160 0.000 0.010
3rd Qtr SEP -0.110 0.000 0.000 0.010
4th Qtr DEC -1.080 0.010 0.010
BOSTON--(BUSINESS WIRE)--Nov. 17, 1999--Chancellor Corporation (OTC:CHLR - news)
announces today that it has made an investment in Afinta Motor Corporation (Pty.)
Ltd. (''AMC''). AMC is the one of the largest manufacturers/assemblers of light
commercial vehicles including trucks, tractor trailers, buses, automobiles and sport
utility vehicles in the Republic of South Africa. In addition to an approximate 15%
equity stake in AMC, Chancellor has also acquired the exclusive worldwide distribution
rights for AMC's products outside of Africa, England, Scotland and Wales. Chancellor
will also receive a seat on AMC's board of directors. Terms of the investment were not
disclosed.
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