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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 hopeandaprayeron Oct 29, 2012 8:49pm
149 Views
Post# 20537413

Sale

Sale

could be that Ortsbo will be sold:

IN the recent goldman report: ""Intertainment Media's strategy of unlocking significant value through the public spin-out or sale of key holdings could result in hundreds of millions in market value to investors. Ortsbo, Intertainment Media's crown jewel, is likely the first spinout target. The Company's model is tried and true and should result in a series of successes. A investment in INT is akin to a rare opportunity for investors to participate in the ownership of valuable, undervalued companies before they go public, via a venture fund-class type of vehicle.""

inthe new Md&A: "With the estimated value of the online communications industry approaching $42 Trillion dollars globally according to reports, the Company believes that Ortsbo, as one of the first movers in the real-time language space, has a unique opportunity to stand alone as a separate and distinct entity apart from Intertainment and that the Company and its shareholders would benefit from this solution either by way of a spin-out by way of a public offering or sale of Ortsbo with part of the proceeds being returned to shareholders."

wonder what we'll be voting on on November 28?

Bullboard Posts