DYPR: .035x.04, interesting company ...
Shrs Out 17.78 Mil
Float 10.70 Mil
I picked up some at .04 today, I would assume some
institutions are dumping. They filed Chapter 11 yesterday
but they have worked out a deal with Procter & Gamble and
Fleet Capital Corp. They are doing $200mil in revenues
annually.
NEWS: The company sought Chapter 11 bankruptcy protection
less than two weeks after disclosing that it owed millions
of dollars to its giant competitor Procter & Gamble for the
right to use key patents for diaper making. As part of the
deal, Drypers announced an agreement with the Cincinnati-
based consumer products company that gives it the
intellectual property licenses to continue making its
products. The court will have to approve that deal, as well
as a financing arrangement giving Drypers $25 million in
loans from Fleet Capital Corp.
Drypers Corporation Ticker: DYPR Page 1 of 10
Complete Financials: June 2000 Exchange NASD
FY END DEC
ISSUE DATA (10/06/00) PER SHARE DATA RATIOS
Price $ 0.16 EPS (TTM) $ -0.44 P/E (TTM) NM
52W High $ 3.50 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 0.13 Book Value $ 1.78 Price/Book 0.09
Shrs Out 17.78 Mil Cash $ 0.14 ROE (TTM) -19.82 %
Float 10.70 Mil Rev (TTM) $ 21.07 ROA (TTM) -2.35 %
Mon. Vol 2.08 Mil Curr. Ratio 1.29
Beta 0.59 LT Dbt/Eqty 5.76
BRIEF: DYPR is a manufacturer and marketer of premium
quality, value-priced disposable baby diapers and training
pants sold under the DRYPERS brand name, and private label
diapers & pre-moistened baby wipes. For the 6 months ended
6/30/00, net sales rose 8% to $189.2M. Net loss from
cont. ops fell 75% to $1M. Revenues reflect an increase
in sales in the branded and private label business. Lower
loss reflects an increase in gross margin.
Copyright (c) 2000, Market Guide Inc., All rights reserved (more)
Drypers Corporation QUARTERLY SUMMARY Page 2 of 10
HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars)
REVENUE 1997 1998 1999 2000
1st Qtr MAR 60,161 78,592 84,082 99,540
2nd Qtr JUN 72,551 80,302 91,536 89,708
3rd Qtr SEP 80,086 85,841 93,946
4th Qtr DEC 74,212 87,905 90,796
EPS (U.S. Dollars per share)
1st Qtr MAR 0.110 -0.460 -0.110 -0.050
2nd Qtr JUN 0.120 0.080 -0.120 -0.010
3rd Qtr SEP 0.150 0.080 -0.040
4th Qtr DEC 0.120 0.060 -0.340
Not a recommendation to buy or sell. |
