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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 TexProfessoron Jan 22, 2013 11:43am
199 Views
Post# 20872190

RE: RE: RE: RE: INTERESTING READ - Retired RCAF

RE: RE: RE: RE: INTERESTING READ - Retired RCAF

I haven't been reading or posting much lately. While Retired and I haven't agreed on much in the past, in this instance I tend to agree with you.

As a large shareholder I share your concerns. I mentioned right after AGM that we are in desperate need of the so called "revenue" announcements. Patrick mentioned the revenue to come before year end. I believe DL also spoke to the impending monetization when he talked. I understand delays ( lawyers / accountants ) but at the same time INT needs to ensure going forward that if they say an update is coming - that they give the update in a timely fashion. If these updates aren't coming, they would be better not to even broach the subject.

All that being said, I believe we are at the crossroads. I am expecting large revenue announcements to come post closing of the current financing. If this doesn't happen I am sure the market will treat INT accordingly.

These types of concerns/ questions are for sure on the table during this most recent raise of capital. I can't imagine that big money would come to the table if no revenue was on the horizon. Only time will tell

Bullboard Posts