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Aandeel SBM Offshore AEX:SBMO.NL, NL0000360618

Laatste koers (eur) Verschil Volume
16,130   +0,030   (+0,19%) Dagrange 16,060 - 16,270 251.962   Gem. (3M) 355,6K

SBM offshore April Maand vd waarheid

620 Posts
Pagina: «« 1 ... 6 7 8 9 10 ... 31 »» | Laatste | Omlaag ↓
  1. [verwijderd] 1 april 2014 12:33
    Ook ING is van mening "iets" te moeten roepen. .Boete van 200-400 miljoen. Bij 800 miljoen aandelenemissie etc.etc. Dit is werkelijk nergens op gebaseerd, en kan iedereen roepen.
    Er is nog geen enkele echt onderbouwde visie. En toch koersdoelen afgeven van 19 euro....
    Welke termijn???? Binnen 10 of 20 jaar?? Natuurlijk krijg je ooit eens gelijk!!!
  2. [verwijderd] 1 april 2014 12:34
    Nog steeds onduidelijkheid over wat het derde land buiten Afrika is. De ING-analist zegt nu hieronder "waarschijnlijk Brazilie" terwijl SBM dat in een eerder stadium juist ontkende.

    AMSTERDAM (Dow Jones)--ING verwacht dat SBM Offshore (SBMO.AE) de komende dagen met belangrijk nieuws komt over de beslissing van het Nederlandse Openbaar Ministerie (OM) en het Amerikaanse ministerie van justitie (DoJ) aangaande de ongeoorloofde verkooppraktijken bij het bedrijf. Bewezen is dat die praktijken hebben plaatsgevonden in twee West-Afrikaanse landen, vermoedelijk Equatoriaal Guinea en Angola, zegt ING. In het derde land, waarschijnlijk Brazilie, is dat niet bewezen, verwacht de analist. Hij schat dat SBM een boete zal krijgen van $200 miljoen tot $400 miljoen in Nederland en de VS. Onzekerheden en risico's die blijven is dat het onderzoek van het OM en DoJ nog geen duidelijke uitkomsten heeft opgeleverd en dat de onderzoeken zijn uitgebreid na de mail van de klokkenluider in het vierde kwartaal. Ook bestaat de kans dat het OM een beslissing heeft gemaakt, maar de Amerikanen nog niet, en zou het kunnen dat de boete veel hoger wordt. Hoewel deze risico's klein zijn en SBM's compliance officer Hepkema zijn best doet het OM en DoJ op een lijn te krijgen, kunnen de risico's niet worden uitgesloten. Hoewel de donkere wolken niet volledig over zijn gewaaid, zijn de aandelen aantrekkelijk geprijsd, vindt de analist. Het advies blijft buy. Dinsdag omstreeks 10.40 uur noteert het aandeel 0,4% hoger op EUR13,27, terwijl de AEX met 0,3% stijgt. (BTZ)


    Dow Jones Nieuwsdienst: +31-20-5715200; amsterdam@dowjones.com


    (END) Dow Jones Newswires

    April 01, 2014 04:44 ET (08:44 GMT)
  3. [verwijderd] 1 april 2014 12:36
    Een overname zal niet snel gebeuren, geen enkel teken wat daar op wijst.

    Zelf op de dip vandaag turbo's gekocht op 13.10, heb al een positie in calls sept 14. Verwacht een sluit in de range van 13.25-13.40, niet lager en ook niet veel hoger.

    13.40 lijkt op een of andere manier uitzonderlijk veel weerstand te bieden. (zie gister middag)

    Ik lift met mijn turbo's mee tot de 15euro en kijk dan weer hoe het er voor staat.

    voor 15 april nog geen plannen, iemand suggesties?
  4. [verwijderd] 1 april 2014 12:36
    quote:

    Ger48 schreef op 1 april 2014 12:33:

    Ook ING is van mening "iets" te moeten roepen. .Boete van 200-400 miljoen. Bij 800 miljoen aandelenemissie etc.etc. Dit is werkelijk nergens op gebaseerd, en kan iedereen roepen.
    Er is nog geen enkele echt onderbouwde visie. En toch koersdoelen afgeven van 19 euro....
    Welke termijn???? Binnen 10 of 20 jaar?? Natuurlijk krijg je ooit eens gelijk!!!
    Koersdoelen worden, totdat er in een eerder stadium bijgesteld wordt, gewoonlijk afgegeven voor de termijn van 1 jaar.
  5. forum rang 4 guusje 1 april 2014 20:30
    quote:

    papanaki schreef op 1 april 2014 19:48:

    19 euro kan natuurlijk ook een 1 april grap zijn :)
    Denk niet dat de ING 1 april grappen verspreid, de €19 is zeker haalbaar op LT.
    Zit nog een groot gat in tussen de €13 en de €19 we kunnen nog wel even doorstijgen, dat is mijn mening.
  6. maartenr 2 april 2014 01:32
    quote:

    Bokie schreef op 1 april 2014 20:33:

    Op dit moment zijn er geen shortposities in SBMO.
    www.afm.nl/nl/professionals/registers...
    Althans niet met een grotere netto positie dan ,5% :)

    Het lijstje bevat wel nogsteeds veel Imtech..
    Aperam, Fugro, Gemalto, Heijmans, Imtech, TomTom, Vopak, Wereldhave.

    Het is opzich aardig dat SBM niet voorkomt op t lijstje, maar let wel; ING of Shell kunnen nooit op zo'n lijstje komen, er zijn geen Hedgefunds die de allergrootste bedrijven ter wereld voor ,5% short kunnen gaan.

    Weet iemand of er rond de SBM het afgelopen jaar wel op het beruchtte shortmeldingslijstje heeft gestaan?
  7. [verwijderd] 2 april 2014 06:45
    *SBM: heeft in periode 2007 - 2011 in Equatorial Guineau en Angola voor $41,5 mln betaald aan overheidsfunctionarissen
    *SBM: betaling van $138,1 mln in Brazilie geen bewijs van onrechtmatige betalingen
    *SBM: betalingen Angola en Equatoriaal Guineaenig bewijs van betalingen direct of indirect aan overheidsfunctionarissen
    *SBM: interne onderzoek wordt momenteel besproken met NL Openbaar Ministerie en VS ministerie van justitie
    *SBM: nog niet in staat consequenties van bevindingen onderzoek in te schatten
  8. [verwijderd] 2 april 2014 07:31
    Hier het complete bericht van investor relations SBM:

    SBM OFFSHORE FINDINGS OF INTERNAL INVESTIGATION April 2, 2014

    Today, SBM Offshore presents the findings of its internal investigation, which it started in the first quarter of 2012, as the investigators have completed their investigative activities. The investigation, which was carried out by independent external counsel and forensic accountants, focused on the use of agents over the period 2007 through 2011. In summary, the main findings are:

    • The Company paid approximately US$200 million in commissions to agents during that period of which the majority relate to three countries: US$18.8 million to Equatorial Guinea, US$22.7 million to Angola and US$139.1 million to Brazil;
    • In respect of Angola and Equatorial Guinea there is some evidence that payments may have been made directly or indirectly to government officials;
    • In respect of Brazil there were certain red flags but the investigation did not find any credible evidence that the Company or the Company's agent made improper payments to government officials (including state company employees). Rather, the agent provided substantial and legitimate services in a market which is by far the largest for the Company;
    • The Company voluntarily reported its internal investigation to the Dutch Openbaar Ministerie and the US Department of Justice in April 2012. It is presently discussing the disclosure of its definitive findings with the Openbaar Ministerie, whilst simultaneously continuing its engagement with the US Department of Justice. New information could surface in the context of the review by these authorities or otherwise which has not come up in the internal investigation to date;
    • At this time, the Company is still not in a position to estimate the ultimate consequences, financial or otherwise, if any, of that review;
    • Since its appointment in the course of 2012 the Company's new Management Board has taken extensive remedial measures in respect of people, procedures, compliance programs and organization in order to prevent any potential violations of applicable anti-corruption laws and regulations. Both it and the Company's Supervisory Board remain committed to the Company conducting its business activities in an honest, ethical, respectful and professional manner.

    Introduction

    On April 10, 2012 SBM Offshore announced that it had initiated an internal investigation into alleged improper payments to government officials. The Company engaged Paul Hastings LLP and De Brauw Blackstone Westbroek to act as independent counsel to conduct the investigation. Paul Hastings LLP in turn appointed PricewaterhouseCoopers LLP forensic accountants (PwC Forensics). The investigators report to Sietze Hepkema, who is the Company's Chief Governance & Compliance Officer, and to the Audit Committee of the Company's Supervisory Board.

    Over the course of the two years since the beginning of the investigation, the Company's Supervisory Board and its new Management Board have sought transparency in communicating on the internal investigation. In that spirit, the Company now wishes to share the findings of the internal investigation, as the investigators have completed their investigative activities.

    In its press release of March 28, 2013, the Company disclosed that the investigation focused on certain African countries in the period 2007 through 2011. At that time the Company also disclosed that there were indications that some payments were made to sales agents, which appeared to have been intended for government officials. The Company further disclosed that it also was investigating practices in a country outside of Africa. The Company now confirms that the countries concerned are Equatorial Guinea, Angola and Brazil.

    In the years 2007 through 2011, aggregate commissions to sales agents by Group companies totalled approximately US$200 million. Of those commissions, US$18.8 million related to Equatorial Guinea, US$22.7 million to Angola and US$139.1 million to Brazil, of which US$123.7 was paid to the primary agent in Brazil at the time. More detail on the findings in relation to each of these countries is set out below. As a general matter the use of agents serves legitimate business purposes.

    Since the start of the investigation, in early 2012, the Company has taken a large number of remedial actions, which included the suspension of payments to agents, reduced reliance on sales agents and the establishment of processes to improve possible vulnerabilities associated with the use of sales agents. These remedial measures are also described in more detail below.

    The Company voluntarily reported its internal investigation to the Dutch Public Prosecutor's Office (Openbaar Ministerie) and the US Department of Justice in April 2012, and has been in dialogue with these authorities ever since updating them on the status of the investigation. The Company is presently discussing the disclosure of its findings with the Openbaar Ministerie, whilst simultaneously continuing its engagement with the US Department of Justice. These authorities will form their own judgment on these issues. New information could surface in the context of the review by these authorities or otherwise which has not come up to date in the internal investigation. At this time, the Company is still not in a position to estimate the ultimate consequences, financial or otherwise, if any, of that review.

    Investigative Process

    The scope of the independent investigation was determined based on the information gathered and reviewed by the investigative team and by the Company's Compliance and Internal Audit Departments' global review of the Group's sales agents. The combined investigation and internal review has been global in nature, but evidence-based by focusing on issues that were identified through the course of the investigation and internal review. As a result, the investigators and the Company did not conduct a detailed review of the Group's activities in every country where the Group does business.

    Over the past two years, the Company has cooperated fully with the investigation, providing Paul Hastings LLP, De Brauw Blackstone Westbroek, and PwC Forensics complete access to its records, files, electronic data, and personnel. In their investigation, Paul Hastings LLP, De Brauw Blackstone Westbroek and PwC Forensics have been assisted by an internal team that was led, from the date of his appointment, by Sietze Hepkema and included members of the Company's Legal, Compliance, and Internal Audit Departments.

    Paul Hastings LLP and PwC Forensics, with the assistance of the Company, collected hard copy and electronic data, including imaging of hard drives and other electronic sources from certain current and former employees. Paul Hastings LLP has reviewed hundreds of thousands of documents that were identified as being potentially relevant to the issues being investigated.
    Paul Hastings LLP has interviewed numerous current and former employees in connection with the review into the Group's activities in Equatorial Guinea, Angola and Brazil. The interviewees included (former) members of the Company's Board of Management, and former and current employees in the Legal Department, Sales & Marketing Department, Accounting and Finance Departments and relevant project teams.
    (einde deel I)
  9. [verwijderd] 2 april 2014 07:34
    (vervolg; deel II)

    NB: 9:00 u CET conference call

    Hier het complete bericht van investor relations SBM:

    SBM OFFSHORE FINDINGS OF INTERNAL INVESTIGATION April 2, 2014

    Key Findings by Country

    Equatorial Guinea
    In early 2012, the Company learned from a third party that one of the Group's agents may have given certain items of value to certain government officials in Equatorial Guinea. Based on evidence identified during the course of the investigation, that agent may have made at least some payments to third parties. Those third parties may have shared all or part of the payments with certain Equatorial Guinean government officials. Aggregate payments by Group companies to the agent in relation to Equatorial Guinea in the years 2007 through 2011 totaled US$18.8 million, of which approximately US$10 million has now been repaid to the Group companies concerned after they requested the agent to return the money. The Company is unable to determine how much, if any, of the remaining amount was paid to government officials.
    Angola
    In the period 2007 through 2011, Group companies used multiple agents in Angola, including the agent used in Equatorial Guinea. The Group companies concerned made payments to these agents in connection with their projects in Angola. There is some evidence that persons affiliated with at least one of these agents were Angolan government officials or were associated with Angolan government officials. There is also some evidence that the agent used in Equatorial Guinea may have made payments to Angolan government officials and that other items of value were provided to Angolan government officials and/or their relatives. Aggregate payments to sales agents by Group companies in relation to Angola in the years 2007 through 2011 totaled US$22.7 million. The Company is unable to determine how much, if any, of that amount was paid to Angolan government officials.

    Brazil

    The investigation team further conducted a detailed investigation into the relationship between Group companies and their main agent in Brazil, and companies owned by that agent and the agent's family members and/or business partners. There were certain red flags but the investigators did not find any credible evidence that the agent made improper payments to government officials (including state company employees) in Brazil. Furthermore, evidence was found that the agent provided substantial and legitimate services to the Company, at a time when SBM's permanent non-operational presence in Brazil was very limited (4 people in 2007 compared to 220 today). Aggregate payments to sales agents by Group companies in relation to Brazil in the years 2007 through 2011 totalled US$139.1 million, of which US$123.7 million was paid to the primary agent.

    Other Countries

    At the outset of the investigation, the Company froze all payments to agents and conducted a review and due diligence on sales agents in all other countries. As a result of that review the Company decided to discontinue certain agents. Also, the Company decided to no longer use agents in countries where it has a presence. The investigation team also specifically looked at other countries covered by the agreements with the agent used in Equatorial Guinea and Angola but in its evidence-based approach did not perform a further detailed investigation into these countries.
    (einde deel II)

  10. [verwijderd] 2 april 2014 07:36
    (vervolg; deel III)

    NB: 9:00 u CET conference call

    Hier het complete bericht van investor relations SBM:

    SBM OFFSHORE FINDINGS OF INTERNAL INVESTIGATION April 2, 2014

    Remedial Measures Taken

    In order to prevent any potential violations by the Company of the applicable anti-corruption laws and regulations in the future, the Company has taken remedial action to enhance its compliance programme. The new Management Board, with the full backing of the Supervisory Board, has consistently emphasized the importance of compliance. The Company introduced new policies, processes and systems and established a Compliance department.

    In addition, the Company took a number of steps, which included the following:

    1. The Company's Compliance Task Force directed the Company's Internal Audit team to review all payments to all agents.
    2. The Company suspended payments to all agents and subsequently resumed payments only on a case by case basis after the review referred to in 4.a).
    3. The Company has made enhancements to its compliance organization.
    4. The Company has made enhancements to its compliance program:
    a. The Company enhanced its due diligence process and sales agent approval procedure via a Validation Committee which has resulted in a number of agents having been terminated.
    b. The Company has implemented a due diligence process for all other third parties providing services to the Company based on a risk assessment approach.
    c. The Company worked with PwC Forensics to enhance its internal financial controls.
    d. The Company worked with PwC Forensics to enhance its internal audit function.
    e. The Company implemented a new template sales agency agreement including robust anti-corruption warranties.
    f. The Company implemented a new payment system for sales agent payments requiring thorough bank account and invoicing checks and requiring the approval of four signatures from executives from the Company, including a Compliance representative.
    g. The Company implemented a hotline: SBM Offshore Integrity Line.
    h. The Company increased the annual training courses for the Company's staff.
    5. The Company has made changes to its organization in order to ensure implementation of the above steps.

    More information on the progress of our discussions with the relevant authorities will be reported in due course.

    The Company's Supervisory Board and Management Board remain committed to the Company conducting its business activities in an honest, ethical, respectful and professional manner.


    Investor Conference Call

    SBM Offshore has scheduled a conference call followed by a Q&A session at 09:00 Central European Time on Wednesday, April 2, 2014.

    The conference call will be hosted by Bruno Chabas (CEO), Peter van Rossum (CFO) and Sietze Hepkema (CGCO). Interested parties are invited to listen to the call by dialling +31 20 794 8485 in the Netherlands, +44 207 190 1595 in the UK or +1 480 629 9822 in the US. Conference ID#: 4677807.
  11. [verwijderd] 2 april 2014 07:44
    quote:

    100% buy schreef op 2 april 2014 07:38:

    Upupupupup. Is dit alles?
    ja,

    Probleem lijkt langzamerhand ingedamd te worden.
    We zijn er nog niet; echter de aantijging van omkoping van overheidspersonen in Brazilië lijkt in omvang veel kleinschaliger dan aanvankelijk werd geroepen; betaalde bedragen aan agent lijken legaal.

    Nu moeten we de reacties/maatregelen van officiële instanties afwachten. Hoe lang gaat dat duren?
620 Posts
Pagina: «« 1 ... 6 7 8 9 10 ... 31 »» | Laatste |Omhoog ↑

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