MESA - JO Lost Control? March SEC filings?
03-29-2009, 07:21 AM
#1
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Joined APC: Apr 2007
Position: Furloughed
Posts: 32
MESA - JO Lost Control? March SEC filings?
This is not intended as a Mesa bash thread (rather than saying Mesa sucks, I think it's more courteous to most of the people at Mesa to limiting sucking to JO - e.g. "JO is an egg-sucking jackal" ) - just curious if any Mesa folks have seen any changes in behavior of Mesa's management. It looks like from SEC filings this month, that the bondholders who got stock in Feb now control the company. The following filed (with % of shares owned):
Lampe, Conway & Co., LLC – 19%
Deutsche Bank – 9.6%
Goldman Sachs – 10%
BNP Paribas Arbitrage – 5%
Donald Smith & Co. owned about 9% of the company at year-end '08 - I didn't see any filing disclosing a drop below the threshold requirement of 5%, so presumably they still own at least 5%.
It looks like JO now has a bunch of institutional owner-bosses. Has anyone noticed any changes in his or management's behavior?
Lampe, Conway & Co., LLC – 19%
Deutsche Bank – 9.6%
Goldman Sachs – 10%
BNP Paribas Arbitrage – 5%
Donald Smith & Co. owned about 9% of the company at year-end '08 - I didn't see any filing disclosing a drop below the threshold requirement of 5%, so presumably they still own at least 5%.
It looks like JO now has a bunch of institutional owner-bosses. Has anyone noticed any changes in his or management's behavior?
03-29-2009, 08:02 AM
#4
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Joined APC: Feb 2009
Position: I like seeing everything :)
Posts: 149
believe it or not..
Word on street is that things are getting better @ Mesa with Paul Foley running the show. JO and Lotz are not as involved in the day-to-day business as they used to.
03-29-2009, 08:10 AM
#5
Banned
Joined APC: Feb 2006
Posts: 781
This is not intended as a Mesa bash thread (rather than saying Mesa sucks, I think it's more courteous to most of the people at Mesa to limiting sucking to JO - e.g. "JO is an egg-sucking jackal" ) - just curious if any Mesa folks have seen any changes in behavior of Mesa's management. It looks like from SEC filings this month, that the bondholders who got stock in Feb now control the company. The following filed (with % of shares owned):
Lampe, Conway & Co., LLC – 19%
Deutsche Bank – 9.6%
Goldman Sachs – 10%
BNP Paribas Arbitrage – 5%
Donald Smith & Co. owned about 9% of the company at year-end '08 - I didn't see any filing disclosing a drop below the threshold requirement of 5%, so presumably they still own at least 5%.
It looks like JO now has a bunch of institutional owner-bosses. Has anyone noticed any changes in his or management's behavior?
Lampe, Conway & Co., LLC – 19%
Deutsche Bank – 9.6%
Goldman Sachs – 10%
BNP Paribas Arbitrage – 5%
Donald Smith & Co. owned about 9% of the company at year-end '08 - I didn't see any filing disclosing a drop below the threshold requirement of 5%, so presumably they still own at least 5%.
It looks like JO now has a bunch of institutional owner-bosses. Has anyone noticed any changes in his or management's behavior?
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