| mib - Dienstag, 13. November 2001 - 05:28 |
| Kauf von 50 Stk. Tetra Tech (TTEK, WKN 902888) zu 30.70 Eu in Frankfurt (Anm.: der Kurs entspricht auch dem entsprechenden U$-Schlusskurs von TTEK in USA) TTEK liefert am Mittwoch Quartalszahlen. Die sollten nicht schlecht sein, aber was fuer mich den Ausschlag zum Einstieg gab, ist die Aussicht auf eine Erhoehung der Gewinnprognose durch die vielen Auftragseingaenge in den letzten Wochen. Der hohe Anteil an geshorteten Aktien koennte dann zu einem schoenen short-squeeze fuehren, den ich ausnutzen moechte. Weitere Infos im naechsten posting. Mib |
| mib - Dienstag, 13. November 2001 - 05:31 |
| TTEK sollte massivst! von der Anthrax-Problematik profitieren. Im folgenden mal ein Auszug aus einem Artikel, der TTEK sehr schon charakterisiert. Gruss - Mib " One company we believe is going to see its earnings estimates accelerate in the next 12 months is Tetra Tech (Nasdaq: TTEK - Quotes, News, Boards) . See all those people in the bubble-boy suits on the nightly news these days cleaning up the anthrax mess? There is a good chance they are Tetra Tech people. In the last few weeks the company has been called on to clean up the U.S. Capitol building, 10 congressional office buildings, the Supreme Court, the Department of Labor, and many other hot spots. In the last 5 weeks Tetra Tech has been called on to respond to at least 50 of these special task orders from Uncle Sam. Even more encouraging is the fact that Uncle Sam just gave Tetra-Tech an open-ended contract for a minimum of $11 million to fight bio-terrorism. This contract is called an "indefinite-delivery" contract, which means the contract is open-ended and very likely to expand. We are behind the curve in fighting this enemy, and catching up will be an expensive task, but a profitable one for Tetra Tech. Few companies know more about how to respond to bio-terrorism than Tetra Tech and that should be a good source of new business in the coming years. Right now about 45% of Tetra Tech's business comes from either Uncle Sam or state and local governments. To quote Li-San Hwang, the outstanding CEO of Tetra-Tech, "We are working 24 hours a day to assist Federal Agencies in their response. As one of the largest companies in the United States with counterterrorism expertise, we will make all of our resources available to assist the government, realize the importance of rapid response." It is worth noting that the two largest clients Tetra Tech has in the area of government work are the Department of Defense, and the Environmental Protection Agency. These should be busy places in the next few years, and that's good news for Tetra Tech's order book. Investors should be aware that Tetra Tech has the highest of reputation in working on government contracts. In the area of Water/production Tetra Tech is involved in all phases - design, construction, maintenance, and protection of water quality, and control of environments. In our local paper this weekend there was a story about a local water treatment that is badly outdated. It is now processing twice the amount of waste that the plant was designed for. This results in a discharge that fouls local rivers and is unacceptable. This story is being repeated all over the United States. The order book in the Water division at Tetra Tech should be very strong in the next few years as many communities have failed to keep up with population growth. Tetra Tech's other important division (telecom) looks like it has gained new life since 9/11. Tetra-Tech, through 100%-owned Whalen Engineering, is a top-notch builder of "in-building" communication/telecom systems. Whalen has two very important contracts underway right now. One in Las Vegas is for construction of in-building wireless communications systems for nine different casinos. Also important is a Southern California project just signed at three different hospitals doing the same thing. This could be the start of many new orders from non-telecom clients. The telecom revolution is not over and there is a lot of building yet to be done. One of the most encouraging things about Tetra Tech is its ability to successfully do acquisitions. We count six in year 2000 and five already this year. Zack's consensus /estimate for Tetra-Tech in 2002 (fiscal year-ending 9-1-02) is $1.33 a share. That means that right now the stock trades for about 21 times next year's earnings estimates. Given a very strong order book, combined with the excellent performance of the stock since 9/11 (up almost 30%), Tetra Tech could very well beat that number by $0.10 a share in 2002. And, we don't think it will be just a one-year blip. Zack's consensus estimates right now for 2003 are for $1.70 a share, and we think Tetra Tech can beat that number too. The technical action of late looks encouraging for Tetra Tech. The next 12 months could be a very rewarding time to own this stock. Tetra-Tech has been very good to our clients over the years and it appears there are more good times to come. |
| mib - Donnerstag, 15. November 2001 - 02:47 |
| gute Zahlen, Anhebung der Gewinnerwartung um 20% und 5/4 split ungefaehr zum Jahresende. Sieht gut aus... Wednesday November 14, 7:58 pm Eastern Time Press Release SOURCE: Tetra Tech Tetra Tech Reports Fourth Quarter 2001 Results and Announces Stock Split Net Revenue Increases 11.2%, Net Income Increases 25.6% and Earnings Per Share Increase 21.8% Over Fourth Quarter Last Fiscal Year PASADENA, Calif.--(BUSINESS WIRE)--Nov. 14, 2001-- Tetra Tech, Inc. (Nasdaq:TTEK - news) today announced results for the fourth quarter and fiscal year ended September 30, 2001 and that its board of directors has approved a 5-for-4 stock split (to be effected in the form of a 25% stock dividend). Gross revenue for the quarter ended September 30, 2001 was $260.2 million, up 7.6% over gross revenue of $241.7 million for the same quarter last year. Net revenue for the quarter was $191.7 million, increasing 11.2% from $172.4 million for the same quarter last year. Operating income for the fourth quarter of 2001 was $26.3 million, or 16.0% more than the $22.6 million for the same period last year. Net income rose 25.6% to $14.7 million from $11.7 million for the same period last year. Diluted earnings per share rose to 34 cents from 28 cents for the previous year. For comparative purposes, excluded from fourth quarter 2000 results were benefits from reserve reversals of $1.2 million, or $0.7 million on an after-tax basis, and $2.4 million in income tax credits. Gross revenue for fiscal year 2001 was $973.9 million, up 22.9% over gross revenue of $792.6 million for fiscal 2000. Net revenue for fiscal year 2001 was $730.1 million, up 22.5% over net revenue of $596.1 million for fiscal 2000. Operating income for fiscal year 2001 was $87.5 million, or 21.2% more than $72.2 million for fiscal 2000. Net income for fiscal year 2001 rose 24.7% to $47.2 million from $37.8 million for fiscal 2000. Diluted earnings per share for fiscal year 2001 were $1.09, compared to 91 cents for fiscal 2000. For comparative purposes, excluded from fiscal 2000 results were benefits from reserve reversals of $2.0 million, or $1.2 million on an after-tax basis, and $1.5 million in income tax credits. For comparative purposes, excluded from the fiscal year 2001 results was a special charge of $38.3 million relating to Metricom's filing for protection under Chapter 11 of the U.S. Bankruptcy Code and the favorable impact of $7.0 million in income tax credits for prior years, both of which were previously announced. The special charge and tax credits resulted in a net reduction in net income for the fiscal year of $16.3 million, or 38 cents per share on a diluted basis. Summary of Financial Results (excluding special charge, reserve reversals and tax credits) Fourth Quarter Ended Sept. 30, 2001 Oct. 1, 2000 -------------- ------------ Gross Revenue $260,175,000 $241,725,000 Net Revenue 191,720,000 172,400,000 Operating Income 26,251,000 22,622,000 Net Income 14,750,000 11,748,000 EPS - Basic 0.35 0.30 EPS - Diluted 0.34 0.28 Basic Shares Outstanding 41,639,000 39,721,000 Diluted Shares Outstanding 43,893,000 42,590,000 Fiscal Year Ended Sept. 30, 2001 Oct. 1, 2000 -------------- ------------ Gross Revenue $973,944,000 $792,578,000 Net Revenue 730,064,000 596,121,000 Operating Income 87,542,000 72,244,000 Net Income 47,160,000 37,825,000 EPS - Basic 1.16 0.97 EPS - Diluted 1.09 0.91 Basic Shares Outstanding 40,751,000 39,003,000 Diluted Shares Outstanding 43,333,000 41,602,000 Net income for the quarter ended September 30, 2001 including the special charge and tax credits was $14.8 million, or 34 cents on a diluted basis. Net income for the quarter ended October 1, 2001, including the reserve reversal and tax credits was $14.8 million or 35 cents per share on a diluted basis. The net income for the fiscal year ended September 30, 2001 including the special charge and tax credits was $30.8 million, or 71 cents per share on a diluted basis. The net income for the fiscal year ended October 1, 2000 including the reserve reversal and tax credits was $40.4 million, or 97 cents per share on a diluted basis. In addition, Tetra Tech's board of directors has approved a 5-for-4 stock split, to be effected in the form of a 25% stock dividend, wherein one additional share of stock will be issued for each four shares outstanding. The record date for the stock split will be November 28, 2001, and the distribution date will be December 17, 2001. On a pro forma basis, giving effect to this 5-for-4 stock split, earnings per share on a diluted basis for the quarter ended September 30, 2001 would have been 27 cents compared to 22 cents for the same period last year, before the consideration of the prior year reserve reversals and tax credits, or 28 cents for both periods after consideration of these items. Additionally, earnings per share on a diluted basis would have been 87 cents for fiscal 2001 compared to 73 cents for fiscal 2000, excluding the special charge, tax credits and reserve reversals. Including these items, earnings per share on a diluted basis for fiscal 2001 would have been 57 cents compared to 78 cents for the previous fiscal year. The purpose of the stock split is to increase the Company's float of available stock and provide an opportunity to attract broader investor interest. Business Outlook The following statements are based on current expectations. These statements are forward-looking and the actual results could differ materially. These statements do not include the potential impact of material corporate transactions which may be completed after the date of this release. The Business Outlook section should be read in conjunction with the information on ``Forward-Looking Statements'' at the end of this release. Tetra Tech expects diluted earnings per share for the first quarter of fiscal 2002 to be approximately 26 cents. Net revenue for the first quarter is expected to range from approximately $182 million to $190 million. For the fiscal year, Tetra Tech expects diluted earnings per share to range from approximately $1.30 to $1.35, and net revenue to range from approximately $920 million to $960 million. Tetra Tech (www.tetratech.com) is a leading provider of specialized management consulting and technical services in threeprincipal business areas: resource management, infrastructure and communications. The Company's clients include a diverse base of public and private sector organizations served by more than 7,000 employees located throughout the United States and internationally. Investors will have the opportunity to listen to Tetra Tech's conference call to discuss its financial results over the Internet through Vcall's Web site, located at http://www.vcall.com on November 15, 2001 at 8:00 a.m. (PST). This news release contains various ``Forward-Looking Statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements concerning Tetra Tech's fiscal 2002 financial and business prospects. The statements, which represent Tetra Tech's expectations or beliefs concerning various future events, are based on current expectations that involve a number of risks and uncertainties that could cause actual results to differ materially from those of such Forward-Looking Statements. These include risks associated with its acquisition strategy; fluctuations in its quarterly operating results and stock price; management of its growth strategy; loss of key personnel or its inability to attract and retain qualified personnel; changes in existing laws and regulations; concentration of revenues from agencies of the Federal government and reductions in spending by these agencies; audit of its contracts with governmental agencies; credit risks associated with commercial clients; losses under fixed-price contracts or termination of contracts at the client's discretion; inability to find qualified subcontractors; competition in its industry; risks of professional and other liabilities; conflict of interest issues; foreign currency fluctuations; and other uncertainties or risks reported from time to time in Tetra Tech's reports to the Securities and Exchange Commission, including those under the heading ``Risk Factors'' in its Form 10-K for the fiscal year ended October 1, 2000 and in its Form 10-Q's for the fiscal quarters ended December 31, 2000, April 1, 2001 and July 1, 2001. Tetra Tech undertakes no duty to update the Forward-Looking Statements. ------------------------------------------------------------------------ Contact: Tetra Tech, Pasadena Li-San Hwang/Mike Bieber, 626/351-4664 |
| mib - Dienstag, 18. Dezember 2001 - 18:51 |
| keine Angst - heute war der 5:4 split! |
| mib - Sonntag, 23. Dezember 2001 - 19:06 |
| durch den 5:4 split vom 18.12.01 wurden aus den 50 stk. TTEK im Auslandsdepot 62.5 Stk. Die 0.5 wurde verkauft und die 12 Eu dem cash zugeschlagen. Es sind nunmehr 62 Stk. TTEK im Auslandsdepot. Frohe Weihnachten - Mib |
| mib - Sonntag, 23. Dezember 2001 - 20:58 |
| ich sollte noch erwaehnen, dass sich dadurch der Einstandskurs auf 24.56 Eu verringet hat. |
| mib - Mittwoch, 16. Januar 2002 - 23:01 |
| good numbers from TTEK! Umsatz- und Gewinnwachstum im letzten Qurtal und so soll es auch weitergehen. sieht okay aus! Mib Wednesday January 16, 4:53 pm Eastern Time Press Release SOURCE: Tetra Tech, Inc. Tetra Tech Reports First Quarter 2002 Results Net Revenue Rises 11%, Net Income Increases 21% and Earnings Per Share Increases 24% Over First Quarter Last Fiscal Year PASADENA, Calif.--(BUSINESS WIRE)--Jan. 16, 2002--Tetra Tech, Inc. (Nasdaq:TTEK - news) today announced first quarter results for fiscal year 2002. Gross revenue for the quarter ended December 30, 2001 was $253.0 million, up 10.3% over gross revenue of $229.3 million for the same quarter last year. Net revenue for the quarter was $184.9 million, increasing 10.6% from $167.1 million a year ago. Operating income for the first quarter of 2002 was $20.8 million, or 14.6% more than the $18.2 million for last year's first quarter. Net income rose 21.1%, to $11.3 million, compared to $9.4 million a year ago. Giving effect to the Company's 5-for-4 stock split on December 17, 2001, diluted earnings per share increased 23.5% to 21 cents from 17 cents for the previous year. First Quarter Ended Dec. 30, 2001 Dec. 31, 2000 Gross Revenue $253,028,000 $229,330,000 Net Revenue 184,889,000 167,138,000 Operating Income 20,801,000 18,150,000 Net Income 11,343,000 9,370,000 EPS - Basic 0.22 0.19 EPS - Diluted 0.21 0.17 Basic Shares Outstanding 52,351,000 50,017,000 Diluted Shares Outstanding 55,233,000 53,855,000 Business Outlook The following statements are based on current expectations. These statements are forward-looking and the actual results could differ materially. These statements do not include the potential impact of material corporate transactions which may be completed after the date of this release. The Business Outlook section should be read in conjunction with the information on ``Forward-Looking Statements'' at the end of this release. Tetra Tech's fiscal year 2002 projections remain unchanged. Additionally, Tetra Tech expects earnings per share for the second quarter 2002 to be approximately 24 cents. Net revenue for that quarter is expected to range from approximately $198 million to $208 million. Tetra Tech (www.tetratech.com) is a leading provider of specialized management consulting and technical services in three principal business areas: resource management, infrastructure and communications. The Company's clients include a diverse base of public and private sector organizations located in the United States and internationally. Investors will have the opportunity to listen to Tetra Tech's conference call to discuss its financial results over the Internet through Vcall's Web site, located at http://www.vcall.com on January 17, 2002 at 8:00 a.m. (PST). This news release contains various ``Forward-Looking Statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements concerning Tetra Tech's fiscal 2002 financial and business prospects. The statements, which represent Tetra Tech's expectations or beliefs concerning various future events, are based on current expectations that involve a number of risks and uncertainties that could cause actual results to differ materially from those of such Forward-Looking Statements. These include risks associated with its acquisition strategy; fluctuations in its quarterly operating results and stock price; management of its growth strategy; loss of key personnel or its inability to attract and retain qualified personnel; changes in existing laws and regulations; concentration of revenues from agencies of the Federal government and reductions in spending by these agencies; audit of its contracts with governmental agencies; credit risks associated with commercial clients; losses under fixed-price contracts or termination of contracts at the client's discretion; inability to find qualified subcontractors; competition in its industry; risks of professional and other liabilities; conflict of interest issues; foreign currency fluctuations; and other uncertainties or risks reported from time to time in Tetra Tech's reports to the Securities and Exchange Commission, including those under the heading ``Risk Factors'' in its Form 10-K for the fiscal year ended September 30, 2001. Tetra Tech undertakes no duty to update the Forward-Looking Statements. ------------------------------------------------------------------------ Contact: Tetra Tech, Inc., Pasadena 626/351-4664 Li-San Hwang, CEO, or Mike Bieber, Investor Relations |