Vivian Lewis Recommends Yankee Bonds of Sea Containers Ltd.Business Editors CHICAGO--(BUSINESS WIRE)--May 12, 2003 There are pools of potential profits waiting for investors in international companies, but are rarely ever exploited. Vivian Lewis can open a new world of possibilities, starting with bonds of a Bermuda-based company that you should know about. Learn about Sea Containers Ltd Sea Containers Ltd. is a Bermuda-registered company which operates two main business areas: transport and container leasing. In March 2006 the company sold its share of Orient-Express Hotels Ltd. . (NYSE-SCRA and SCRB SCRB Separable Costs Remaining Benefits SCRB State Crime Record Bureau SCRB Software Change Review Board SCRB Software Configuration Review Board SCRB Santa Cruz River Band SCRB Stem Cell and Regenerative Biology ). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: Refinanced 2003-2004 Yankee bonds Yankee bonds Foreign bonds denominated in U.S. dollars and issued in the United States by foreign banks and corporations. These bonds are usually registered with the SEC. Such as, bonds issued by originators with roots in Japan are called Samurai bonds. of Bermuda-based Sea Containers Ltd. (NYSE-SCRA and SCRB), a marine container lessor, passenger and freight transport operator, and leisure industry investor, are a screaming bargain, paying 12 1/2% and 13% respectively. Following the share price fall after SCR (Sequence Control Register) See program counter. filed with the SEC to refinance Refinance 1. When a business or person revises their payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. Notes: When a business refinances they typically extend the maturity date. its bonds, prexy prex·y n. pl. prex·ies Slang A president, especially of a college or university. [Shortening and alteration ofpresident.] Noun 1. James B. Sherwood said that he was "mystified mys·ti·fy tr.v. mys·ti·fied, mys·ti·fy·ing, mys·ti·fies 1. To confuse or puzzle mentally. See Synonyms at puzzle. 2. To make obscure or mysterious. ". He noted that "SCR had an excellent Q4." Value Line wrote at about the same time: "This stock was never an investment vehicle for conservative investors, but for those searching for a potential home run, we think it deserves a good look at the recent quotation." Vivian Lewis thinks the debt load explains most of this drop. After publishing its 2002 earnings, SCR held a conference call. They made tons of money for 2002. Containers will be good for them this year. For the quarter net earnings were $14 million (67 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. ) on revenue of $410 million, compared with a loss of $9 million (49 cents per share) on revenue of $239 million in the prior year period. For the year 2002 net earnings were $41.9 million ($2.08 per share) on revenue of $1.434 billion, compared with net earnings of $4.5 million (24 cents per share) on revenue of $1 billion in 2001. Net earnings in 2001 were achieved through gains on asset sales while such gains were minimal in 2002. Expand the breadth of your portfolio by letting Vivian Lewis introduce you to all the opportunities in international companies, and get a lot more information on the above-mentioned bonds for Sea Containers Sea Containers may refer to:
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