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Stocktrader20  - posted
Charys Holding Company, Inc. Applies for Listing on The NASDAQ Capital Market

June 12, 2006 - 9:24 AM EDT

Charys Holding Company, Inc. ("Charys") (OTCBB:CHYS) announced today that it has filed an application to become listed on the NASDAQ Capital Market. It is anticipated that listing on the NASDAQ Capital Market will be initiated within six to eight weeks. Charys, with 19.4 million shares outstanding, has a market cap of approximately $194 million.

Charys' Chairman and Chief Executive Officer, Billy Ray, Jr., commented that the rapid growth of Charys over the past twelve months warrants the move to the NASDAQ Capital Market. "Charys has exhibited tremendous growth in nearly every measurable way, driving our fundamentals beyond NASDAQ listing requirements. This expansion, which today positions Charys as a complete solution provider to the business services segment of the greater infrastructure market, has been achieved through a strategy of disciplined organic development and strategic synergistic acquisitions. We believe listing on the NASDAQ Capital Market will provide greater visibility for Charys' stock and will improve the flow of information to our shareholders and potential investors as we pursue this strategy," Mr. Ray said.

About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC Bulletin Board: CHYS.OB) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment varies widely in scope, but is fundamentally focused on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc, Personnel Resources of Georgia, Inc., Method IQ, Inc., Charys Technology Group, Inc., CCI Telecom, Inc., and Ayin Holding Company, Inc. For more information about Charys visit http://www.charys.com.

NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Some statements in this release, including statements regarding management's expectations for future financial results and access to capital markets, are forward-looking statements. Investors are cautioned that these forward-looking statements regarding Charys Holding Company, Inc., its operations and its financial results involve risks and uncertainties, including without limitation risks of accessing capital markets on terms acceptable to Charys, downturns in economic conditions generally and in the telecommunications and data communications markets; risks in product development and market acceptance of and demand for Charys products; risks of failing to attract and retain key managerial and technical personnel; risks associated with competition and competitive pricing pressures; risks associated with investing in new businesses; risks related to intellectual property rights and litigation; risks in technology development and commercialization.


Charys Holding Company, Inc.
Morgan Ralph DeLucia, 678-443-2307
Fax, 678-443-2320
rdelucia*charys.com
or
Corporate Evolutions, Inc.
Investor Relations:
Fred Lande, 516-482-6565
Fax, 516-482-6099
info*corporateevolutions.com
 
Stocktrader20  - posted
Charys Holding Company, Inc. Closes Acquisition of C&B Services Inc.; Deal is Accretive to Earnings and Positions Charys as a Complete Solution Provider

June 6, 2006 - 9:20 AM EDT

Charys Holding Company, Inc. ("Charys") (OTCBB:CHYS) today announced the definitive closing of its acquisition of Crochet & Borel Services Inc. ("C&B") of Houston, TX.

Occurring less than 45 days after entering into a Letter of Intent, it is the largest of six strategic acquisitions that Charys has completed within the past two years. Based on last year's revenue numbers for C&B, the acquisition is expected to increase Charys' annual consolidated revenue run rate to approximately $350 million, and be immediately accretive to earnings.

C&B, one of the nations leading disaster remediation and service providers, reported in calendar year 2005 unaudited gross revenues of $244 million and pre-tax profit of $80 million. The company serves a blue-chip client base that includes Wal-Mart (NYSE: WMT), Chevron-Phillips Refinery, SunTrust (NYSE: STI), the US Department of Homeland Security, JC Penney (NYSE: JCP), the US Naval Hospital (Pensacola) and the Housing Authority of New Orleans ("HANO"), among others. As previously reported on May 8, 2006 HANO awarded C&B an additional contract for increased participation in the restoration and emergency services related to Hurricane Katrina, further validating C&B's reputation as a trusted force within the reconstruction segment of the Disaster Recovery Market. HANO is expected to be funded with up to $200 Million through 2007, and C&B anticipates capturing a large portion of the work.

C&B President and founder, Troy Crochet, said, "We're very pleased to be a part of the Charys family and are looking forward to the many new opportunities that will open to C&B as a result of the Charys organization. We expect that our new affiliation with Charys will enable us to further accelerate our organic growth that has already resulted in C&B being recognized by Inc. Magazine as one of the 500 fastest growing private companies in America. In addition, this will facilitate the implementation of an acquisition strategy for our expansion into the reconstruction segment of the disaster remediation industry." Mr. Crochet will retain the title of President of C&B.

Billy V. Ray, Jr., Chairman and CEO of Charys, emphasized the strategic importance of the C&B acquisition to the rapidly expanding Charys portfolio of Business Services capabilities. "C&B's expertise in Disaster Recovery Services is a significant addition to Charys' Infrastructure Technology Services and positions Charys as a total solutions provider for our customer needs ranging from single location urgent events to widespread disaster support. With C&B, Charys now provides our customers with a single source beginning with critical first response and continuing through reconstruction and ongoing service management. The Charys contingency planning model coordinates pre-event planning with our customers and suppliers to ensure the availability of human, technology, and equipment resources. With C&B, it now expands into the disaster remediation environment. Referring to the National Hurricane Center's predictions for a very active 2006 hurricane season, Mr. Ray said "C&B complements the hurricane relief services provided by our subsidiaries, Aeon/CCI-Telecom, Inc. and Viasys Services, Inc., and with Method IQ and Charys Technologies, Charys is able to offer its customers a very crucial service - recovery and restoration of their data/communications networks throughout a natural disaster."

Mr. Ray continues, "Having C&B under our umbrella also opens new avenues of revenue for each of our subsidiaries, linking each company's traditional business with a broad "end to end" customer services plan. This acquisition makes us a complete solutions provider in the business services segment of the greater infrastructure market - offering Integrated Infrastructure Development, Technology Implementation, Disaster Recovery, and Reconstruction Services to a much broader client base. Moreover, the company expects the imminent expansion into new markets, as well as lucrative cross-selling opportunities amongst the Charys subsidiary companies, thus providing the opportunity for the company to increase revenues, improve profitability, and further expand its loyal customer base."

Details regarding the acquisition will be forthcoming in the company's 8-K report.

About C&B Services

C&B is a leading national provider of recovery, restoration, and rebuilding services. Founded in 1994, C&B has grown into one of the largest restoration companies in Southeast Texas with offices in Houston and Port Neches. The company has played a leading role in providing restoration and recovery services in Hurricanes Rita, Wilma and Katrina. The company also provides emergency planning, coordination, and response to catastrophic losses. C&B is a network member of Disaster Kleenup International, a cooperative business network of the top independent restoration companies across North America. This network represents the most experienced, highly informed, and best equipped companies in the restoration industry.

About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC Bulletin Board: CHYS) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment varies widely in scope, but is fundamentally focused on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc, Personnel Resources of Georgia, Inc., Method IQ, Inc., Charys Technology Group, Inc., CCI Telecom, Inc., and Ayin Holding Company, Inc. For more information about Charys visit http://www.charys.com.

NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Some statements in this release, including statements regarding management's expectations for future financial results and access to capital markets, are forward-looking statements. Investors are cautioned that these forward-looking statements regarding Charys Holding Company, Inc., its operations and its financial results involve risks and uncertainties, including without limitation risks of accessing capital markets on terms acceptable to Charys, downturns in economic conditions generally and in the telecommunications and data communications markets; risks in product development and market acceptance of and demand for Charys products; risks of failing to attract and retain key managerial and technical personnel; risks associated with competition and competitive pricing pressures; risks associated with investing in new businesses; risks related to intellectual property rights and litigation; risks in technology development and commercialization.


Charys Holding Company, Inc.
Morgan Ralph DeLucia, 678-443-2307
Fax: 678-443-2320
rdelucia*charys.com
or
Investor Relations:
Corporate Evolutions, Inc.
Fred Lande, 516-482-6565
Fax: 516-482-6099
info*corporateevolutions.com
 
Stocktrader20  - posted
Charys Holding Company, Inc. Announces Acquisition of Digital Communications Services, Inc.

June 15, 2006 - 11:37 AM EDT

ATLANTA, June 15 /PRNewswire-FirstCall/ -- Charys Holding Company, Inc. ('Charys') (OTC Bulletin Board: CHYS) announced today that it executed a definitive agreement on June 12, 2006, whereby it has acquired all of the common stock of Digital Communications Services, Inc., ('Digital'). Digital, based in Tampa, Florida, will operate as a wholly owned subsidiary of Charys.

Digital offers a full package of telecommunications infrastructure services as well as network operations and maintenance solutions. It provides turnkey services under Master Service Contracts to customers such as SBC Communications, AT&T, BellSouth and Comcast. Specifically for SBC Communications, Digital is currently working on significant projects in large geographic areas of Texas and Oklahoma in connection with SBC's fiber to the home (FTTH) project, which is expected to continue over the next five years. In addition, Digital is working in affiliation with BellSouth to upgrade and restore the communication networks for the public and parochial school systems in New Orleans.

Billy Caudill, President of Digital, said, 'The acquisition by Charys is a great fit for both companies. We expect that our operations in Texas and Oklahoma will integrate perfectly with the already expansive operations of Charys in that geographic region, particularly with respect to the cross- utilization of project managers, facilities and equipment. I expect that such factors will contribute significantly to reducing operating costs and improving gross margins for both companies.'

Mike Oyster, Vice President for Charys, added, 'We look forward to the significant revenue growth that Digital is expected to provide over the next couple years. Digital is positioned well to take advantage of the opportunities provided by both the pending merger with BellSouth and the tremendous amount of capital being spent by SBC/AT&T on its FTTH project, particularly in the Texas area.'

Commented Billy V. Ray, Jr., Chairman and CEO of Charys, 'With the strategic acquisition of Digital, Charys has taken another step in becoming a complete service provider to its growing customer base and has further established its footprint in the Southeastern and Western United States.'

Details regarding the acquisition and purchase price may be found in the 8-K report to be filed by Charys.

About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC Bulletin Board: CHYS) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment varies widely in scope, but is fundamentally focused on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc, Personnel Resources of Georgia, Inc., Method IQ, Inc., Charys Technology Group, Inc., CCI Telecom, Inc., Ayin Holding Company, Inc. and most recently, Crochet & Borel Services, Inc. For more information about Charys visit http://www.charys.com.

NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Some statements in this release, including statements regarding management's expectations for future financial results and access to capital markets, are forward-looking statements. Investors are cautioned that these forward-looking statements regarding Charys Holding Company, Inc., its operations and its financial results involve risks and uncertainties, including without limitation risks of accessing capital markets on terms acceptable to Charys, downturns in economic conditions generally and in the telecommunications and data communications markets; risks in product development and market acceptance of and demand for Charys products; risks of failing to attract and retain key managerial and technical personnel; risks associated with competition and competitive pricing pressures; risks associated with investing in new businesses; risks related to intellectual property rights and litigation; risks in technology development and commercialization.

Contact:
Charys Holding Company, Inc.
M. Ralph DeLucia, 678-443-2307
Fax: 678-443-2320
rdelucia*charys.com

or

Investor Relations:
Corporate Evolutions, Inc.
Fred Lande, 516-482-6565
Fax: 516-482-6099
info*corporateevolutions.com
 
Stocktrader20  - posted
Charys Holding Company, Inc. Subsidiary Enters Into Agreements to Buy Two Companies and to Purchase 53 Newly Built Cell Towers

June 20, 2006 - 10:10 AM EDT

ATLANTA, June 20 /PRNewswire-FirstCall/ -- Charys Holding Company, Inc. ('Charys')(OTC Bulletin Board: CHYS) today announced that its wholly owned subsidiary, Ayin Holding Company, Inc. ('Ayin') has entered into definitive agreements for the purchase of 100% of the stock of Mitchell Site Acquisition, Inc. ('MSAI') and Complete Tower Sources, Inc. ('CTSI'). CTSI is a tower construction company and MSAI is a site acquisition and project management company. Both companies are located in Lafayette, Louisiana. In addition, Ayin has entered into definitive agreements for the purchase of 53 recently constructed cellular towers from Tower Company of Louisiana LLC ('TCLA'), plus a 3-year exclusive option to purchase all towers built by TCLA. These agreements are subject to funding and are expected to close prior to the end of the July.

Jimmy Taylor, President and CEO of Ayin said, 'We're very excited about the opportunity to work with TCLA and our exclusive option to purchase future towers. The assets are new and were designed for multiple carriers. With a solid national carrier as the anchor, they are already producing a positive cash flow. What's more, they are located in rural (tier 2) areas into which many carriers are clamoring to expand their coverage and capacity, giving each tower a very high probability for additional tenants.' Mr. Taylor brings with him, 20 years of executive business and development expertise in the industry, having worked in senior management positions within the wireless tower arena, including Crown Castle, Inc.

Charys' President and CEO, Billy Ray, Jr. commented that this opportunity is consistent with one of Charys' goals of increasing ownership of wireless cell towers. 'This represents an excellent opportunity to enhance shareholder value through acquisition of such properties that provide recurring revenues, strong cash flow and high growth potential,' Ray said. 'It fits our strategy and complements the activities of our other subsidiaries, CCI Telecom, Inc. and Viasys services, Inc, capitalizing on the opportunity to utilize the industry expertise of our management team.'

About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC Bulletin Board: CHYS.OB) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment is fundamentally focused on environmental remediation and on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc., Personnel Resources of Georgia, Inc., Method IQ, Inc., CCI Telecom, Inc., Ayin Holding Company, Inc. and Crochet & Borel Services, Inc.

For more information about Charys visit http://www.charys.com.

NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Some statements in this release, including statements regarding management's expectations for future financial results and access to capital markets, are forward-looking statements. Investors are cautioned that these forward-looking statements regarding Charys Holding Company, Inc., its operations and its financial results involve risks and uncertainties, including without limitation risks of accessing capital markets on terms acceptable to Charys, downturns in economic conditions generally and in the telecommunications and data communications markets; risks in product development and market acceptance of and demand for Charys products; risks of failing to attract and retain key managerial and technical personnel; risks associated with competition and competitive pricing pressures; risks associated with investing in new businesses; risks related to intellectual property rights and litigation; risks in technology development and commercialization.

Company Contact:
Morgan Ralph DeLucia
Vice President - Investor Relations
Charys Holding Company, Inc.
678-443-2307
Fax: 678-443-2320
rdelucia*charys.com

or

Corporate Evolutions, Inc.
Investor Relations:
Fred Lande, 516-482-6565
Fax: 516-482-6099
info*corporateevolutions.com
 
Stocktrader20  - posted
Currently only trading at $9.00 An excellent buy at the current PPS considering the company just acquired C&B Services, a $244 million disaster remediation company-

"C&B, one of the nations leading disaster remediation and service providers, reported in calendar year 2005 unaudited gross revenues of $244 million and pre-tax profit of $80 million."

This acquisition alone makes CHYS a $350 million company and thats not even including the recent acquisitions. Expect more acquisitions in the future. Nasdaq listing coming up here in the next 5-7 weeks along with the hurricane season coming up, CHYS is a steal at this price. CHYS only has 19.4 million O/S. This is a bargain.
 
stocktrader22  - posted
What makes this a steal, the $9 price factors in the move to nasdaq and the acquisition of C&B...thats why it went in a matter of months from $1-$10.
 
Stocktrader20  - posted
This is $20 stock minimum. Before the acquisition was announced CHYS was $8.70 and it ran to $10.87

Currently its only valued about 1/2 times earnings. The reason its down here is due to profit takers that bought in before the big run up, after the weak hands are shook loose, CHYS will run that much faster. Nasdaq listing will bring in a whole new group of buyers. This stock has a lot going for it compared to most other junk OTC stocks. This is the real deal, their management team is impressive. CHYS has a blue chip board of directors and the CEO is Billy Ray formerly of Able Telecom. CHYS is experiencing very rapid growth and are using the same business model Billy Ray used to build ABLE to a $1.5 billion company before it was sold. Its rare to find a OTC like this one before it makes the big move to the Nasdaq. This is quite an opportunity here. GLTY
 
stocktrader22  - posted
I'm going to do some more DD...I just don't know why you think this is a $20 stock in the short term.
 
stocktrader22  - posted
Look at the massive ammount of insider selling lmao!
 
Stocktrader20  - posted
In the next 60 days $20 is very reaslistic IMO. Next year after the 10K. Dont be surprised to see $30-$40 a share. An opportunity like this one doesnt come often. Im much more confident in this than a POS junk OTC play. This stock actually has the fundamentals and is growing rapidly with very little dilution. This is not your typical OTC.

"C&B, one of the nations leading disaster remediation and service providers, reported in calendar year 2005 unaudited gross revenues of $244 million and pre-tax profit of $80 million"
 
stocktrader22  - posted
Yes those things are going for it, but remember this is $9...not at the price of a trash OTC stock. Just because they acquired a $244 revenue company with $80 million in profit does not mean it is a $20-$40 company.
 
Stocktrader20  - posted
quote:
Originally posted by stocktrader22:
Look at the massive ammount of insider selling lmao!

I hardly call 85,000 shares a massive amount.
 
Stocktrader20  - posted
quote:
Originally posted by stocktrader22:
Yes those things are going for it, but remember this is $9...not at the price of a trash OTC stock. Just because they acquired a $244 revenue company with $80 million in profit does not mean it is a $20-$40 company.

With an O/S of only 19 million yeah it does, sooner than you think. It wont be tomorrow but, it will happen. Just depends if you are a trader or an investor. In this situation, this is an investment IMO. Last sale $9.25
 
stocktrader22  - posted
If they were all so confident in the future, insiders would be buying like crazy at this amount.
 
MCJA  - posted
I was getting confused, thought this was one person trying to talk himself into this stock.

I'm tapped out right now, but will be watching
 
Stocktrader20  - posted
From another board-


CHYS Q&A in answer to another investor's questions on CHYS board:

After C&B acquisition, what's next?

More details about C&B contracts, with whom and for how much. They probably would not divulge any of the work in the pipeline for C&B until after it is closed.

Key role in rebuilding New Orleans. More contracts for C&B and other CHYS subs like Method IQ & Viasys.

Building more cell phone towers by sub CCI.

Major growth for all subs above. I suspect C&B may be able to double its revenues rapidly to half a billion.

More and maybe even bigger acquisitions done at increasingly better less dilutive terms as share price soars. CHYS will be able to leverage themselves from current $400M revenues with C&B to billion dollar company rapidly. They are doing it with accretive power that adds to shareholder value each time they make an acquisition which some companies do not do well. CHYS does it the best I've seen. This will be very exciting.

Next Financials?

In the next month. Probably will not reflect C&B impact. That will be in quarterly filed in early Fall.

Realistic Share Price Targets?

$15, maybe more, in June with C&B acquisition closed soon.

$20, maybe more, during Summer or Early Fall at latest.

$25-40 by year's end is EPS is over $1.50 per share and remains steady or growing.

$40-80 next 18 months if acquisition strategy and/or growth of subs pushes EPS to $2 or more.

What are the Risks?

With C&B included, there are probably almost no longer term risks under $15 a share regardless of how the stock trades for the next few weeks.

Will CHYS Expand Outside the U.S.?

No one knows of course, but I think this is a very U.S.-centric company right now. I think C&B will necessarily make them want to focus on the very large rebuilding opportunities in the Southeastern U.S. for now. They will be building cell phone towers in the States. Their subs are already working for the defense department. I see this as a more U.S. based business for now.

Why Don't More People Know About This Stock? Are there already Institutional Investors in CHYS?

CHYS took the world by surprise. They've accomplished more in six months than most OTC companies ever achieve and they did it in record time. Most who trade with OTC companies are naturally skeptical and they rarely ride a stock to the top because they are always taking profits before somebody else dumps on them.

I told people to keep averaging UP into CHYS the past three months and that remains the correct investment strategy here. Most never listen. They don't spread the word because they go off looking for the next new piece of meat. But CHYS has gone up due to smart money buying and holding and that will only increase. CHYS may not be well known until it is $25 a share because it is going there quite fast in my opinion.

Are there already Institutional Investors in CHYS?

I don't know about pension or well known mutual funds, but there are Wall Street firms invested here. Go back reread the recent PR about the retirement of Highgate shares to see who is involved. They are big players. They bring in big buyers.
 
stocktrader22  - posted
I'm going to keep an eye on it. It looks interesting, I'm looking into the debt that the company has. It may be a good investment, can I have the link of that other messageboard PMed to me please.
 
stocktrader22  - posted
Without taking debt into account for these acquisitions, and without people knowing that able telecom which billy ray was the ceo of, was only a $10 stock, there's no reason to be talking so highly of this one.
 



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