|
Post by forkodak on Nov 10, 2012 18:29:16 GMT -5
Why did they leave? What do people think?
It could be that they now have inside info and can't post.
It could be they sold out and gave up.
Thought? Thanks
|
|
|
Post by Marriott on Nov 10, 2012 18:49:59 GMT -5
forkodak:
pro and arctic's voices are irrelevant now !
Looking forward to next week.
|
|
|
Post by mikewestveer on Nov 10, 2012 18:54:33 GMT -5
Yes they are...
It is all up to the FACTS being revealed...
It is going to be fun to see this sucker shoot up as people finally GET IT!
|
|
|
Post by forkodak on Nov 10, 2012 19:04:18 GMT -5
I will hold till the end but I lost my confidence for the moment; I started to buy at $3.30 and have not sold any yet. Kodak will sell something but will it be for big money or not... Time will tell...
|
|
|
Post by tmarf on Nov 10, 2012 21:42:34 GMT -5
The biggest question is why did arctic jump ship?
Saving face? Saw the writing on the wall? Couldn't handle the chastising from the longs?
Pro left due to other circumstances I would wager.....
|
|
|
Post by forkodak on Nov 10, 2012 21:50:16 GMT -5
They have been here posting tons of good posts since I have been here in January. I would not be surprized if they work for the same firm. I also would not be surprized if other nicks on this board work for that same firm. I have trouble finding logic on why they work so hard and the bail out. The only thing I can come up with is that they now have inside info and can't post or now are able to trade since the news and numbers are public. -- Just not sure...
|
|
|
Post by tmarf on Nov 10, 2012 21:53:34 GMT -5
All of the probables are extremely unnerving....
|
|
|
Post by colonelkodak on Nov 11, 2012 2:50:00 GMT -5
IMO Arctic stopped pasting due to potential exposure to legal issues...paid basher. He did a good job for his big bosses and does not want further scrutiny at this time. He may appear again for a last ditch effort to shake the tree right before the news. We may see him exposed in the future for an investigation.
Pro posted the numbers and stands by them. He has nothing else to say except now he waits for real news of any sale and emergence. Hopefully by end of the year.
IMO you should hang tough and believe that your past decisions and the projections of many on this board are correct. A buyout may be too good to be true but we all would welcome that quick of a resolution and it is a very real possibility. Soon enough the exciting reveal will take place. Emergence is very real. I don't fall for the doom and gloom prediction for Kodak as too many subtle changes are taking place recently as we see by what appears as constant small news. Although the KPMG info was not so small. It is VERY interesting that the SJ has temporarily disappeared......btw the CEO said a deal was on the table. AP has bullshitted before but I think under Chapter 11 he has to be factual.
Kodak is a huge company and these type of deals and structure take serious negotiations before the final execution.....relax as I believe our patience will be rewarded with a very very good return for many and for those that bought in the last 6 months a huge huge return.
Peace to all on Veterans Day, say a prayer, make a donation to the Vets if you can and please put your American flags up. We are fortunate to have Freedom.
|
|
|
Post by arcticfox on Nov 12, 2012 12:42:59 GMT -5
IMO Arctic stopped pasting due to potential exposure to legal issues...paid basher. He did a good job for his big bosses and does not want further scrutiny at this time. He may appear again for a last ditch effort to shake the tree right before the news. We may see him exposed in the future for an investigation. Pro posted the numbers and stands by them. He has nothing else to say except now he waits for real news of any sale and emergence. Hopefully by end of the year. The problem with you guys is that you indulge in delusional thinking, lack basic analytical ability and rational thinking. Worst yet, you waste you time on ridiculous conjectures and fantasies. I have no inside information. I have no "legal exposure". I stopped posting primarily because .... I got busy. As I mentioned over a month ago, I've been recruited by a large, and extremely well run hospital system. They made me very attractive offer which I accepted in late September. The upshot is that it would require me to relocate. In the past few weeks, I've been traveling back and forth look at condos, getting estimates from moving companies, dealing with state licensing paperwork...etc. I've also had to pick out a car that would be more appropriate for surviving the winter months there. On top of all that, I went on a mini vacation in Vegas with my girlfriend. Furthermore, until today, there really hasn't been that much interesting news to comment on. People here are still preoccupying themselves with the stupid buyout fantasy. The 10Q did contain some juicy information. But most of the people here lack the ability to identify and analyze it. Logik is still posting a bunch of irrelevant garbage related to patents. Not to mention completely off the mark speculation that Personal Imaging and Document Imaging will bring $2 billion. Logik needs to spend more time reading the 10Q and less time masturbating to immaterial patents. Lastly, the fact that Pro remains in hiding also removes one of the reason I posted so much before. I can't stand the guy and the lies that he tells. The guy is a cheat and a fraud. Looks like SBG is still drinking Pro's Kool-Aid. I find it hilarious that you guys still pay attention to Kenny given how wrong he has been. His "latest numbers" is a perfect example. Loser Pro now says Kodak needs $3.76 billion to exit chapter 11. A few months ago he said it was just $1.7 billion and that OPEB can be completely eliminated unilaterally by Kodak. A few months before that he said all Kodak needed was to pay off a few hundred million of trade debt and everything else can be reinstated. "YES, smellyMOR ALL the OPEB can and will be eliminated....TOTAL of liabilities that must be paid to exit ch.11 is Appx. 1.75 billion!!!! "-pro4.kodak finance.yahoo.com/mbview/threadview/;_ylt=Av_lRS_fKu5GEJybTAf8vjcLH4hG;_ylu=X3oDMTFpc2ozZThwBG1pdANNZXNzYWdlIEJvYXJkcyB3aWRnZXQEcG9zAzYEc2VjA01lZGlhTXNnQm9hcmRz;_ylg=X3oDMTFlamZvM2ZlBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdAMEcHQDc2VjdGlvbnM-;_ylv=3?&bn=0b0d9f80-b903-3aff-a4ea-77eede16e619&tid=1330398618000-80cca9a1-f9d1-3efb-a4be-70b8945f41b2&mid=LMFAO, The guy just makes up numbers like he did with patent sale figures of $5 billion, $10 billion and you guys just swallow it whole. I suggest that those of you with same sanity still left go read up on exit financing. Believe it or not, today's news of potential exit financing means that the current common is essentially doomed. Kodak needs the financing to take out the DIP as part of the POR. This is why the proposed amount of $793 million is just over the $781 million in outstanding DIP. ($667 million DIP loan + $114 million DIP revolving credit ) Lazard will make several more million for arranging the deal. JPMorgan will also make a hefty amount for the deal. They will likely get most of the new equity. The unsecured creditors will get screwed. And of course.. the current common shareholders will get wiped out. Like I said.. watching Kodak is like watching a car crash in slow motion. The result is quite predictable but entertaining nonetheless... unless you are the crash test dummy sitting in the car. Good luck to all.
|
|
|
Post by cswift71 on Nov 12, 2012 12:47:24 GMT -5
About time you came out of your hole Foxy. We must really be getting near the end for one more last bash?
|
|
|
Post by plees on Nov 12, 2012 12:52:47 GMT -5
Arctic what does Kodak do with the NOLS?
|
|
|
Post by Marriott on Nov 12, 2012 12:53:46 GMT -5
" Believe it or not, today's news of potential exit financing means that the current common is essentially doomed. "
arctic:
Congratulations on your new job !
Now back to KODAK . If your statement above is true, why is the pps up almost 10 % at the moment and almost 4 million shares have traded ?
|
|
|
Post by plees on Nov 12, 2012 12:53:48 GMT -5
Arctic what does Kodak do with the asset sale divisions
|
|
|
Post by plees on Nov 12, 2012 12:55:23 GMT -5
Arctic what happens if the patents get bought ? What about a buyout ?
|
|
|
Post by arcticfox on Nov 12, 2012 12:56:28 GMT -5
About time you came out of your hole Foxy. We must really be getting near the end for one more last bash? Believe what you want cswift. You are getting very good at rejecting reality and substituting with your own. I wish you good luck. Just remember to keep your promise of writing me that apology letter when this is all over. After that, perhaps I'll buy you a drink next time I'm in Portland area and you will know who I am and that everything I've told you has been factual. That will complete your investment lesson/nightmare in Kodak. Heaven knows you and many other's here have paid for it in "tuition".
|
|
|
Post by cswift71 on Nov 12, 2012 13:02:14 GMT -5
About time you came out of your hole Foxy. We must really be getting near the end for one more last bash? Believe what you want cswift. You are getting very good at rejecting reality and substituting with your own. I wish you good luck. Just remember to keep your promise of writing me that apology letter when this is all over. After that, perhaps I'll buy you a drink next time I'm in Portland area and you will know who I am and that everything I've told you has been factual. That will complete your investment lesson/nightmare in Kodak. Heaven knows you and many other's here have paid for it in "tuition". Sounds good! We are getting close to the end game so one of us will have to 'pay up' so to say.
|
|
|
Post by arcticfox on Nov 12, 2012 13:04:26 GMT -5
" Believe it or not, today's news of potential exit financing means that the current common is essentially doomed. " arctic: Congratulations on your new job ! Now back to KODAK . If your statement above is true, why is the pps up almost 10 % at the moment and almost 4 million shares have traded ? That is because Kodak is a penny stock with tiny market cap and daily trading volume. It only takes a few retail investors who are clueless to push up the stock. The headlines that are hitting the wire sounds positive without providing the deeper financial detail and implications. The average investor reading it, will likely think to himself.. "great... Kodak is going to exit BK soon!". Wait until SEC or court documents to come out that spells out the details of exit financing terms. The negative implications to the common holders will become more obvious then. But those who are smart enough to understand how exit financing works do not need to wait until then to figure this out.
|
|
|
Post by arcticfox on Nov 12, 2012 13:05:59 GMT -5
Arctic what happens if the patents get bought ? What about a buyout ? The patents NEEDs to be sold for $500 mil or the exit financing is moot. As for the buyout... READ MY LIPS... NO BUYOUT.
|
|
|
Post by arcticfox on Nov 12, 2012 13:16:00 GMT -5
Arctic what does Kodak do with the asset sale divisions Please go read the 10Q. It tells you exactly what the revenue trend and earnings potential (or lack thereof) of Personal Imaging and Document Imaging division. Anyone who thinks PI and DI can bring in big money doesn't know how to read balance sheet. Not to mention that nearly all of the goodwill Kodak has on its book is assigned to the PI and DI division. Specifically $261 million out of $279 million in total goodwill is assigned to PI and DI. In other words, if hypothetically Kodak is able to sell the division for $261 million, what would be the net gain? That's right.... ZERO. The asset sale of that division is going to be far more difficult than many here would assume. The division barely squeezed out $10 million in EBIT this quarter. If you account for interest and charges it would have lost money. And for the year it still lost $57 million even on EBIT basis. Meanwhile revenue for the division is falling at an alarming rate of 18% per year. Who is going to buy this POS? Why do you think Kodak is trying to sell it?
|
|
|
Post by plees on Nov 12, 2012 13:25:04 GMT -5
And NOLS Arctic?
|
|
|
Post by plees on Nov 12, 2012 13:26:10 GMT -5
Somebody doesn't want a 4 billion dollar tax write off?
|
|
|
Post by arcticfox on Nov 12, 2012 13:32:26 GMT -5
You have to make money to use NOL. Kodak hasn't made any money since 2003. By Kodak's own account only about $400 mil of the NOL will likely ever be utilized. Even that projection would require Kodak to make about $1.2 billion in net profit to utilize it. NOL = real loss... not real money. Get over it.
|
|
|
Post by plees on Nov 12, 2012 13:34:01 GMT -5
Wrong the acquirer makes the money arctic!!!!! They take the write off but it has to be structured accordingly! Stop trying to put the wool over my eyes
|
|
|
Post by plees on Nov 12, 2012 13:35:19 GMT -5
The NOLS will be acquired by someone larger than Kodak who earns billions of mooola
|
|
|
Post by plees on Nov 12, 2012 13:38:08 GMT -5
Arctic I had a friend in the USA here who lost 10 mil in his corp! He was taken over by someone who was bigger than him still had an equity interest in the new company but that new company had a write down of losses to work with! The guy survived his losses and the bigger outfit gets the write offs! Stop denying the NOLs
|
|
|
Post by arcticfox on Nov 12, 2012 14:10:37 GMT -5
The NOLS will be acquired by someone larger than Kodak who earns billions of mooola You need to read up on IRS rules regarding NOL. Wake the fuck up.. No BUYOUT.
|
|
|
Post by plees on Nov 12, 2012 14:13:05 GMT -5
Disagree a 50% stake in a profitable Kodak will bring NOLS to full fruition
|
|
|
Post by joefarina on Nov 12, 2012 14:14:33 GMT -5
ARCTIC SHOVE YOUR FINGER UP YOUR CHICK ASS UNTIL SHE COUGHS UP AN APPLE...
|
|
|
Post by updated on Nov 12, 2012 14:21:57 GMT -5
lol JOE -
how did you like Arctic story?! Oh, by the way Arctic!! did your g/f move with you? The guy has a good imagination, let's see what he comes up with about his imaginary g/f
|
|
|
Post by busted1964 on Nov 12, 2012 20:54:30 GMT -5
You have to make money to use NOL. Kodak hasn't made any money since 2003. By Kodak's own account only about $400 mil of the NOL will likely ever be utilized. Even that projection would require Kodak to make about $1.2 billion in net profit to utilize it. NOL = real loss... not real money. Get over it. With any amount of profit the company makes you can put them toward the NOL.
|
|