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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 twebcaon Jun 12, 2012 9:35am
243 Views
Post# 20002807

RE: RE: RE: RE: Special meeting cancellation expec

RE: RE: RE: RE: Special meeting cancellation expec

I expect a news release today because, YES, we are in the dark.

The last set of financials show we are almost out of cash and certainly may be much closer to zero if REVENUE hasn't started or the IPO doesn't get complete.

If we have a beat on a US listing.... why was that not just done the first time around because to me it sounded like we were but it all fell through, including the canadian listing. Then the RTO was introduced as a way to enter the exchange a cheaper way. In my eyes, it seemed like the other ways failed so this was the next viable option and commended management for doing it. But now i'm second guessing everything because the CAD exchange entrance seems impossible and the US option doesn't seemed to be getting pushed.

I don't like what is going on and i just added to my position yesterday.

I just don't like it but will hold for a bit longer.... me being a long was anticipating the meeting last month and then this month. I know other longs will be disappointed but they may not be as open about it because of the basher parade that goes on here daily.

 

 

Bullboard Posts