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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 TechExperton May 31, 2016 6:53am
55 Views
Post# 24918344

RE:RE:Financials coming tomorrow?

RE:RE:Financials coming tomorrow?No surprises here, this thing was run into the ground with a number of bad bad moves. Everyone has lost their intial investment as evidenced by the share price of a quarter of a penny from a high of $3.00.
That said, after the deb holders get the pound of flesh they are owed, can the new group wade through the wreckage and recover any funds? CapThat, the Audience, Lexi and Magnum ? Good lesson here, if you don't care about liquidity or control of an investment - invest in a private co with a minority position. Makes no sense then and no sense now. Would rather have $8 M in cash then this mess.
Other silver lining could be if Yapper is successful, but so far absolutely no indication that they are on the right track. Who knows? Have not heard from Yapper CEO for months.

Bullboard Posts