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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 suncatchgoldon Apr 13, 2011 9:51pm
563 Views
Post# 18428394

These deals take time

These deals take timeI dont want to overstate the obvious but this deal was likely drafted when the share price was in the high 70s.  This deal is for 6 million shares at 74 cents and probably a fair MARKET based price a few days ago at the time of the necessary analysis.  This was not a valuation.  We have traded over 45 million shares since the last time we saw 74 cents.  That is over 7 times the volume of the proposed transaction.  Smart money would be ridiculous to sell because of this release.  Why buy high - sell low, when you can buy and hold an already amazing purchase.  The boxing day sale is over, commobility is getting a great deal but a bulk discount nonetheless.  We are penny pushers compared to them .  I wouldn't kid myself into selling in hopes of a great deal like they have. 

Intertainment will not only acquire new knowledge from this firm but also integrates new opportunities.  Look at how how quickly Netflix for Xbox s taking off.  How does Ortsbo for XboxLive sound?  How about using your TV remote control to text people all over the world with your TV as an interface.  Don't uderestimate internet protocol technology and the experts that can apply it.  This is Huge and for these reasons I am long INT.
Bullboard Posts