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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 Schmidon Mar 16, 2014 4:20pm
145 Views
Post# 22329535

Gypsy Swap

Gypsy SwapPoynt defaulting on their 1.5 million dollar loan caused a lot of aggrevation and loss.

INT had to scramble and found a partner to acquire it in bankruptcy lest someone else get it cheap and INT lose the 1.5 million or a portion of it.

The Gypsy Swap financing came at a critical time and was a sacrifice by D.L. of his shares.

Just another basher preying on your ignorance IMO.  It was not a negative but a positive that INT could raise cash on short notice.  It's the difference between Poynt and INT.  INT is diversified and has a lot of money invested by insider stakeholders and other rich players who don't want to see it fail causing them to lose millions.  

Just remember the 115 million dollar contract the competition just signed and you'll be fine holding at these prices, IMO.


Bullboard Posts