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Post by mikewestveer on Sept 8, 2012 8:44:40 GMT -5
Think of what's happened so far-
1. Kodak announces they are going to sell several divisions
2. They announce the layoff of 30% of their IT guys
3. The Kodak Retirement crew says "Prepare for anything"
4. Kodak releases statements weeks ago revealing their true financial position to "people who wanted to know"
5. Kodak invites anti-trust people to the party
Any other clues that anyone else has seen?
SOMETHING BIG is going to happen here, the facts seem to point towards a big deal that saw the bidders say, "Why buy 1,000 patents for 3B when I could have 10,000 patents, a sterling brand name, property all over the world, and licensing abilities all for say 10B? This is a Bain Capital divestiture dream!!!
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Post by mikewestveer on Sept 8, 2012 8:51:04 GMT -5
What I'm saying is maybe these events are being precipitated by the "invisible hand" of the new owners, moving things forward or directing actions so that they get to where they want to go when they want to get there. With a basic agreement in place I see this as quite possible. Next step, sadly, PENSION REDUCTION
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Post by Admin on Sept 8, 2012 10:02:04 GMT -5
Hi Mike,
You have no idea how badly I want to wake up one morning and hear of a tender offer for a company to buy Kodak @ $10 ps.
This would make my day, week, month, year, life!
SBG
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doji3333
Junior Member
Step Away From The Keyboard Slowly
Posts: 230
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Post by doji3333 on Sept 8, 2012 10:37:09 GMT -5
I believe there has been a substantial deal enacted that represents a new partnership or partnership venture with a firm that can provide direction and funding for Kodak.
The potential for a buy out would be interesting, but I don't believe it will happen. Even though there is a possibility if COULD happen.
I will add that these patents and the technology buried in the vaults at Kodak would make for a very interesting partnership for any number of firms. I'm confident Kodak has some technology stuffed into boxes that could easily be brought to market.
My guess is $4~6B for the patents and possibly 2~4B in additional funding through a joint venture/partnership.
Remember I suggested "personal motivation" as a key to understanding the results of the auction. This is a measure of "who wants what and how it will benefit them". Keeping this in mind, the complete sale of Kodak will benefit the acquiring company greatly, but will leave Kodak in limbo because of the amount of uncertainty. thus, I don't believe this option is being considered seriously (yet).
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Post by mike on Sept 8, 2012 10:41:14 GMT -5
What would you see the pps going to with a result like you mentioned (Which I think is also highly possible?)
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doji3333
Junior Member
Step Away From The Keyboard Slowly
Posts: 230
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Post by doji3333 on Sept 8, 2012 12:16:37 GMT -5
This is just a guess, but I would expect a move to about $2~6 a share once the news settles in.
Remember, the initial new will probably prop the PPS to over $2~3. But as the details emerge and the longer term potential continues to evolve and unfold, I could see the PPS breaching $5~6 before the end of Q1 2013.
What I expect to see is something along the lines of Samsung joining forces with Kodak with the intent to secure use rights for the patents as well as some type of potential joint venture for products/printing technology. This could result in Samsung investing in Kodak's commercial printing technology as well as possibly providing Kodak some type of marketing partnership (labeling) of Kodak technology into Asia and more.
Over the years, I could see this being a benefit for Samsung as they will have protected their assets and technology with the Kodak patents as well as secured additional revenue streams for their current and future business (selling specialized chips and other core components).
Additionally, it would be a great partnership for Kodak with regards to new product development and existing product marketing. Having a firm like Samsung step in and say "hell yeah, we want to get involved" means Kodak will have an Asian partner to promote and sell their products as well as to develop new technology.
Seeing this as a win/win for both sides means both parties can survive and prosper. When both parties feel great about their "deal", then it should be viewed as very positive.
This is kind of what I expect...
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Post by proforkodak on Sept 8, 2012 12:34:30 GMT -5
1)Kodak announced they were selling 2 divisions!
2) Kodak hired an attorney to advise on SALE of certain patent portfolios.
THERE is NO info about a buyout of Kodak at ALL!
For tax purposes Kodak should USE up their NOL, before even considering any sale of the remaining assets.
LONG term, the remaining assets could be acquired.
NOW, is NOT the time for that to happen.
YOU are spreading BS rumors!!!!
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Post by jacksonhole1965 on Sept 8, 2012 12:42:31 GMT -5
How about all those trips to Korea.
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Post by proforkodak on Sept 8, 2012 13:11:44 GMT -5
>>>"How about all those trips to Korea. "<<<
There are 2 large Korean companies that do NOT have a license for a Tablet.
Samsung announced a licensing deal with Kodak to sell consumer printers in Europe....
CLEARLY, Samsung and LG are consumer electronic powerhouses.
ANY deal for the DI patents is of GREAT interest to BOTH Samsung and LG.
NUFF said!!!
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