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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 shintzolaon Mar 22, 2012 11:41am
176 Views
Post# 19705145

RE: newbie with newbie question

RE: newbie with newbie question

pingpong, consider it this way and you should have no concerns about the post-spinout value to current INT shareholders.

If you hold onto your INT shares plus the Ortsbo shares you receive as dividend... as INT is retaining 57.8% of Ortsbo and INT shareholders are receiving 28.4%, having a share in INT now is having a share in 86.2% of the eventual value of Ortsbo.

This spinout deal works out to the same as us paying a 13.8% commission (**minus the cash received for the private placement) for having the accelerated exceptional value of Ortsbo on a major exchange and on our books.

Bullboard Posts