NASDAQ, AMEX, NYSE Stocks Discuss NUCO - NuCO2 Inc. in the Stock Market Forum forums; Credit to Evil-Eye for finding this. Proposed $7/sh dividend news....NOT OFFICIAL, just proposed: Shamrock Activist Value Fund Proposes that NuCo2, Inc. Declare a $7.00 Per Share ...

**BadThad** · #1 07-16-2007, 11:53 AM

Credit to Evil-Eye for finding this.

Proposed $7/sh dividend news....NOT OFFICIAL, just proposed:

Quote:

Shamrock Activist Value Fund Proposes that NuCo2, Inc. Declare a $7.00 Per Share Special Dividend
2:41p ET July 11, 2007 (Page Ranking NewsWire)
The following is a letter from Chris Kiper to Mr. Michael E. DeDomenico, Chairman and Chief Executive Officer.

Mr. Michael E. DeDomenico Chairman and Chief Executive Officer 2800 SE Market Place Stuart, Florida 34997 Dear Mike:

The Shamrock Activist Value Fund ("Shamrock") is a large shareholder of NuCo2, Inc. ((Nasdaq: NUCO) or the "Company"). We beneficially own 662,836 shares or approximately 4.3% of the outstanding shares of the Company's common stock.

We have invested in the Company because we believe that it holds a strong market share and defensible position in the bulk CO2 industry and appears poised to deliver increasing financial returns to shareholders. In January 2007, the Company announced a new strategic growth plan focused on optimizing customer profitability. We believe that this strategic shift should improve operating margins, return on invested capital and free cash flow.

We believe that the Company's capital structure is sub-optimal and could support a substantial increase in long-term debt without compromising the Company's ability to execute its business plan. Specifically, after considering a range of alternatives including, but not limited to, a further share repurchase, special dividend, and regular dividend, we recommend that the Company utilize the strength of its balance sheet and strong cash flows to pay a special dividend of $7.00 per share and institute an ongoing regular annual dividend of $0.25 per share. Achieving a debt financing package at attractive rates and terms should be achievable over the next 60 days.

We believe that the proposed special dividend would be well received and provides immediate liquidity for all shareholders. In addition to optimizing the Company's capital structure, after this proposed recapitalization the Company would still retain a strong and flexible balance sheet to support its working capital requirements, organic growth and appropriate opportunistic acquisitions. Importantly, under our proposal, return on equity increases by 70% to approximately 16%.

Enclosed for your review is a brief summary of the proposed transaction. A copy of this presentation can be found at our website at (http://www.shamrock.com/pages/activi...dend_Recap.pdf).

It is clear that if management believes it will achieve its business plan, we believe that shareholders will be significantly better off if the Company adopts our recapitalization proposal.

We would like the opportunity to discuss further with you and the other members of the Board ways to enhance shareholder value, including our proposal outlined above.

Respectfully, Chris Kiper CC: Board of Directors

SOURCE Shamrock Capital Advisors, Inc.

Yea, $7/sh divy?! Let's watch closely!

NUCO on Google finance

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**BadThad** · #2 08-04-2007, 11:42 AM

Missed this Page Ranking. Need to keep a watch on this company:

Quote:

STUART, Fla., July 19 /PRNewswire-FirstCall/ -- NuCO2 Inc. (NASDAQ: NUCO) announced today that its conference call to report operating results for the fourth quarter and fiscal 2007 will be held on Thursday, August 16, 2007 at 11:00 a.m. Eastern Time.

Investors can listen to the conference call over the Internet via NuCO2's website at http://www.nuco2.com/. To listen to the live call, please go to the web site at least fifteen minutes early to register, download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will be available shortly after the call.

About NuCO2

NuCO2 Inc. is the leading and only national provider of bulk CO2 products and services to the U.S. fountain beverage industry. With service locations within reach of virtually all of the fountain beverage users in the Continental U.S., NuCO2's experienced professionals comprise the largest network of sales and support specialists in the industry serving national restaurant chains, convenience stores, theme parks and sports and entertainment complexes, among others. NuCO2's revenues are largely derived from the installation, maintenance and rental of bulk CO2 systems and delivery of beverage grade CO2, which are increasingly replacing high pressure CO2, until now the traditional method for carbonating fountain beverages. The technology offers consistent quality, greater ease of operation, and heightened efficiency and safety utilizing permanently installed on-site cryogenic storage tanks. NuCO2 provides systems and services that allow its customers to spend more time serving their customers. Visit NuCO2's website at http://www.nuco2.com/.

Evil-Eye · #3 08-05-2007, 09:44 PM

I forgot about it.

**BadThad** · #4 08-06-2007, 10:55 AM

Well, if they follow that guys advice and announce a huge dividend, this stock is going to fly. We MUST keep a close watch on this!

**BadThad** · #5 09-12-2007, 03:07 PM

From Aug 15th:

Quote:

STUART, Fla. - NuCo2 Inc., which supplies systems for carbonating fountain drinks, said Wednesday fiscal fourth-quarter earnings rose 2 percent as both product sales and equipment rentals increased.

Net income for the quarter ended June 30 rose to $2.62 million, or 17 cents per share, from $2.57 million, or 16 cents per share in the prior-year quarter.

Revenue rose 12 percent to $33.9 million from $30.4 million last year. Product sales rose 10 percent to $22 million, while equipment rental revenue grew 15 percent to $11.9 million.

Analysts polled by Thomson Financial expected a profit of 15 cents per share on revenue of $33.1 million.

For the year, net income fell 26 percent to $7.6 million, or 48 cents per share, from $10.3 million, or 65 cents per share last year.

Revenue rose 12 percent to $130.1 million from $116.2 million last year.

Shares fell 4 cents to $26.37 during in aftermarket electronic trading, after closing up 32 cents at $26.41.

**BadThad** · #6 12-05-2007, 11:56 AM

I've been slacking, here's the last earnings report:

Quote:

NuCO2 Inc. Reports Gains in First Quarter Results
5:34p ET November 5, 2007 (Page Ranking NewsWire)
NuCO2 Inc. (Nasdaq: NUCO), the largest supplier in the U.S. of bulk CO2 systems and services for carbonating fountain beverages, today reported operating results for the fiscal first quarter ended September 30, 2007, in line with the Company's fiscal 2008 strategic growth plan.

-- Total revenues for the quarter amounted to $34.9 million, compared with $32.4 million in the corresponding year-ago period, an increase of 8.0%. -- Gross profit increased to $18.3 million from $17.6 million in the prior year's first quarter and, as a percentage of total revenues was 52.3% as compared to 54.3% in the year-ago same period. The percentage change represents increased expenses for accelerated equipment upgrades offset by productivity gains in delivery costs during the first quarter. -- Selling, general and administrative expenses (SG&A) amounted to $6.4 million, compared with $6.6 million in the prior year period, and as a percentage of total revenues improved to 18.2% from 20.3% reflecting increased efficiencies, particularly in selling and marketing expenses. -- EBITDA (earnings before interest, taxes, depreciation and amortization), which the Company regards as useful information as to liquidity, excluding non-cash stock option expense, totaled $11.7 million in the quarter, compared with $11.3 million a year ago. -- Fully diluted net income per share for the fiscal 2008 first quarter rose 25% to $0.20, from $0.16 a year ago. -- Operating cash flow for the quarter amounted to $13.0 million, up from $8.8 million in the corresponding year-ago period, an increase of 47%, reflecting gains in income and working capital, particularly reductions in accounts receivable. -- Free cash flow, defined as cash flow from operations less capital expenditures, amounted to $8.1 million for the quarter, compared to $0.5 million in the year ago period. -- Capital expenditures for the quarter amounted to $4.8 million, compared to $8.3 million a year ago, a reduction of 41.6%. The reduction in capex is in line with the Company's program to improve asset utilization and reduce tank purchases, in part by accelerated tank recoveries and tank refurbishing. -- A total of 274,195 common shares were repurchased by the Company at a cost of $7.1 million during the quarter as part of the Company's previously announced $50 million share repurchase plan. To date, a total of 1,180,304 common shares have been repurchased at a cost of approximately $29.6 million. The share repurchases were financed from free cash flow.

"The quarter's results were solidly on track with our plan and reflect gains in operational productivity, asset management and providing the highest quality customer service, while strengthening operating and free cash flow," said Michael E. DeDomenico, Chairman and CEO. "During the quarter, we continued to achieve targeted gains in adding to our customer roster while refining and strengthening our customer base in line with our strategic focus on higher quality accounts."

**BadThad** · #7 12-05-2007, 12:00 PM

Since the $7 divy seems to be nothing more than a pipe-dream at this point, I'm moving this over the big board section.