Deleted
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Post by Deleted on Aug 22, 2013 6:14:25 GMT -5
What is the supposed price of the new stock?? $11.94? K is the 11th letter of the alphabet...strange they picked that letter (number). I could never figure out where they pulled their number from.....am I right 11.94 If you look up the post emergence market cap [Assets-Liabilities] (from the Disclosure Statement) and divide by the number of shares issued (Disclosure/POR), you get $11.94. Its that simple.
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Post by Deleted on Aug 22, 2013 6:22:52 GMT -5
Jackson, for all the people that think Kodak current shareholders have value... the new company will have 8 dollars a share less debt (times 270 million shares). That is not counting the KPP deal, that is cutting another 1.5 billion and bringing 300 million in cash. The new company will also have about $20 a share in cash (820 million divided by 42 million shares) and that is if you do not count the last 200 million in financing that they received. Worst case scenario, new shares will double in a year (Sep 2014). Best case scenario over 60 a share in 2017 (even if they miss their target by 20%). Any hidden value for patents and real estate would just be icing on the cake. Golden, what is the cash net of debt? .........?....?.? Oh and I don't think your "worst case" scenario is the worst case scenario at all. Worst case scenario is that the ongoing business continues to decline. Your shares fall just enough in value that you are unwilling to sell then tred water for months. Cash flow drops, EBITDA falls. Any remaining asset value cannot be realized because they are encumbered. Then a couple of quarters of losses followed by restructuring charge. Then chapter 22 or chapter 7. Now that my friend is your worst case scenario. Worst case is a double? No, worst case is as Arctic described. I suspect the company will be further broken up and sold off. A continuation of the liquidation. I would think the creditors want their money soon and are not too interested in running a company. We shall see.
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Post by goldentouch on Aug 22, 2013 7:30:52 GMT -5
Golden, what is the cash net of debt? .........?....?.? Oh and I don't think your "worst case" scenario is the worst case scenario at all. Worst case scenario is that the ongoing business continues to decline. Your shares fall just enough in value that you are unwilling to sell then tred water for months. Cash flow drops, EBITDA falls. Any remaining asset value cannot be realized because they are encumbered. Then a couple of quarters of losses followed by restructuring charge. Then chapter 22 or chapter 7. Now that my friend is your worst case scenario. Worst case is a double? No, worst case is as Arctic described. I suspect the company will be further broken up and sold off. A continuation of the liquidation. I would think the creditors want their money soon and are not too interested in running a company. We shall see. I agree, and that is what I mean they monetizing the assets. Maybe they will sell EBP, maybe it will be the Kodak name as a whole or maybe a few more non essential patents... but the new owners will sell everything they can get their hands on and keep just the core business intact. I don't think there is nearly as much value as the people on this board believe, but there is enough value for the stock to go up substantially over the next 4 years And any thought of chapter 22 or 7 is at least 8-10 years away.
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Post by stockrider2001 on Aug 22, 2013 7:47:53 GMT -5
lol it is just ridicolous to read you posts , golden douch
now its not the time to discuss future value of new shares you moron.... its time to watch and learn....lol
do you really think 100 mil shares are based on a rumor.....?
kb is right about you. dumber than it is imaginable.... lol
lets talk when things are facts you moron.. lol
stockrided
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Post by johndeere on Aug 22, 2013 8:31:51 GMT -5
If it hits .08, I may buy again. Anybody else?
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Post by We Got Hosed!!! on Aug 22, 2013 8:39:19 GMT -5
didn't get there..
not trading this now.. let it ride...
did you get back in? nice dip... take out stops?
if we back to GREEN today... something smells really good behind the curtain...
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Post by johndeere on Aug 22, 2013 8:42:59 GMT -5
No, didnt make it in.
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Post by We Got Hosed!!! on Aug 22, 2013 8:45:14 GMT -5
no rush JD...
tough to pull a trigger...
tough call... it's crazy even watching...
can't imagine try to chase this down on the trun
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Post by johndeere on Aug 22, 2013 8:46:06 GMT -5
Have a feeling it could run all day though
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Post by rc1974 on Aug 22, 2013 8:48:15 GMT -5
Looking good!
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Post by We Got Hosed!!! on Aug 22, 2013 8:48:15 GMT -5
Have a feeling it could run all day though that's would be great.. would love to see that crazy buying frenzy again..
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