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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 slowmoveron Aug 29, 2012 12:06pm
136 Views
Post# 20274448

PP for working capital

PP for working capital

The NR stated that the PP was for working capital so they need the money to stay alive not to grow. 2.5 mil does not go far and the 12500000 shares plus warranties have further weakened share value. The price will drop to reflect that weaker value and the fact that the company can not sustain it self on sales.

Bullboard Posts