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World Kinect Corp V.INT


Primary Symbol: WKC

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.


NYSE:WKC - Post by User

Bullboard Posts
Post by DaleBon Feb 08, 2011 8:45am
296 Views
Post# 18092511

Before YOU GO GREAT! AGM Q&A

Before YOU GO GREAT! AGM Q&AThis is a spinout of the "Ortsbo" entity.

That being said, what's brought this company this far is exactly what they are considering spinning out.

Additionally, in the statement quote: "In the event that a deal is concluded, subject to board and regulatory approval, Intertainment may consider providing the public shareholders of its Company (TSX VENTURE:INT) with a portion of the proposed Ortsbo equity through a special dividend. Given the recent market activity for Intertainment, and the accelerated growth of Ortsbo, the parties have agreed that they will continue to work towards a fair and equitable valuation in the interest of all stakeholders.

The players are former Merrill Lynch, Deutsche Bank etc players. All good but also all opportunists as social media moves forward.

AGM
Question: How will you protect our investment for the long term if this is spinout as the remainder of the company has been fundamentally changed. Yes AdTaffy etc, Ibitisi still exist but the enthusiasim isn't the same.
Question: Shareholders should retain shares in the new US listing via a % of he company?

Get your heads out of the clouds for a minute and be serious as it may be the only opportunity you have to get a straight answer before this goes behind closed doors. Comments as this is now less than 2 hours from the AGM. What you have after?
Bullboard Posts

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