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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 Triple13on Oct 20, 2011 11:44pm
307 Views
Post# 19169062

RE: Seems very expensive!

RE: Seems very expensive!Intervolved: We know DL paid a fighter jet price but do we know he wasn't buying a Cessna-150? I think he overpaid...and the question is WHY? How will the relationship between INT and SaaS be different after this deal? That's what we don't know so we can't say if DL paid a fair price. We don't know EXACTLY what INT is getting. We don't even know who owns the Translation Engine Algorithms Ortsbo is using...except we are pretty sure it's not anything Ortsbo developed. Nobody on this Board even thought to ask this stuff...................... ...............Also, what was the urgency to do the deal now? He had a deal with SaaS for the exclusive rights to use Ortsbo so what is the urgency to lay down all that cash...$4.5 million. Issuing the shares doesn't directly cost the company much..some dilution..and the investors don't care....BUT that cash outlay has to be at least 20% of cash-on-hand. I say it's a lot when ya don't have any income right now. They aren't even anywhere near cashflow-positive either...and ya gotta have at least that if ya wanna survive long-term. At the current burn-rate, DL will be doing another PP within 6 months. Maybe DL will turn out looking like a genius with this deal but right now we don't have enough info to know that....so I gotta go with what we know. ..............................................You guys say I can't predict anything...but I'm usually pretty close with my guesstimates. You know I'm right...or pretty close.. this time too. ..and yes I still own INT shares....and I still think INT's SP is heading higher. How can I be negative on INT and positive at the same time? The Fundamentals are telling me sell....but the Chart is telling me hold. That happens a lot with the Juniors. I'm going with the Chart for now. ....IMO.....TZ
Bullboard Posts