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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
Comment by Dave1965on Apr 10, 2011 1:30am
793 Views
Post# 18410167

Valuing INT based on BABYLON.COM

Valuing INT based on BABYLON.COMIT is an intersting casual exercise to see if you can find another metric for placing a value on INT.

Babylon has an installed base of 71 million desktop users. (not necessarily all active)
They have 45 million outstanding shares.
Share price is north of $150.
Revenue is a combo of subscription/purchase and advertising.
I will leave the revenue metric out right now as there is no comparitor with INT and the business models are quite different.

INT has 150 million outstanding shares
Approx 7-8 million unique monthly users (these are active)


So divide the Babylon share price by 3 you get $50
Divide by 10 based on the number of unique users (Have to ignore for now that Babylon likely has a more stale base of users and therefor 71 million is generous) - so you get $5 pps

It is difficult to factor in the viral growth of Ortsbo, as well as the new streams from KNCTR (remember, INT is a much more diverse communications company than Babylon)

So it is not unreasonable to assume that INT could be valued at $5 EASILY.

With more time, interest, maturity of the consumer base, marketing strategy, and viral growth, it would not be out of the question that in the next few years (if INT does not get bought out) that INT could be worth north of $50 or even a $100 PPS.

JMHM (just my humble musings)

Dave1965
Bullboard Posts