Kolame Posted October 3, 2011 Share #61  Posted October 3, 2011 Advertisement (gone after registration) Let's do a whiparound on the forum and buy it  Once again, pleas let us buy the film sector! Digital is around enough! Link to post Share on other sites More sharing options...
Advertisement Posted October 3, 2011 Posted October 3, 2011 Hi Kolame, Take a look here Kodak's troubles [Merged]. I'm sure you'll find what you were looking for!
adan Posted October 3, 2011 Share #62 Â Posted October 3, 2011 As alluded to in previous posts, bankruptcy, even if it comes to that, is NOT equivalent to "going out of business". Â Often, it is simply a way of getting out from under unsustainable obligations - loans, pension-funding requirements, union contracts, and other baggage acquired in better days. Â Ilford did it a few years ago - and is still making film and paper. Â An analyst was quoted this morning in CNBC as saying that Kodak's inherent value per share - in patents and other possesions - is around $9 per share, even though the market value of the stock is around $1.50 and went as low as $0.54 last week. Link to post Share on other sites More sharing options...
Peter H Posted October 3, 2011 Share #63  Posted October 3, 2011 Let's do a whiparound on the forum and buy it  I'll put up half if you'll put up the other half.   Link to post Share on other sites More sharing options...
earleygallery Posted October 3, 2011 Share #64 Â Posted October 3, 2011 The strategy of moving into the consumer inkjet Market is most alarming. What will Kodak offer which Canon, Epson, HP and others can't? As Andy pointed out it's hardly a growing Market either. Doesn't inspire confidence. Â It's not the decline in film that's hit Kodak, it's their failure to innovate and compete in the digital sector. Ironic really. Â They'll probably go into chapter 11 whilst they try to restructure. Link to post Share on other sites More sharing options...
AlanG Posted October 3, 2011 Share #65 Â Posted October 3, 2011 An analyst was quoted this morning in CNBC as saying that Kodak's inherent value per share - in patents and other possesions - is around $9 per share, even though the market value of the stock is around $1.50 and went as low as $0.54 last week. Â If this is true then what alternative do they have to liquidating the assets? I can't see stock holders being so tolerant and patient that they expect Kodak's announced plans to cause the shares to rebound above $9.00 any time soon. Link to post Share on other sites More sharing options...
photolandscape Posted October 3, 2011 Share #66 Â Posted October 3, 2011 If Kodak were to go bust, which it hasn't, then the viable parts of the business as well as any other assets that can raise cash will be sold off. They won't just disappear. Â That's correct. If and when it gets ugly, assets will be sold off. If there is money to be made from Kodak's camera sensor business and it's a solid investment opportunity, someone will swoop in and buy it when the time comes. I wouldn't write off Kodak entirely as some have. This has been going on for years. Kodak is fighting a losing battle in the inkjet printer world. It's "our printers consume less ink" hasn't resonated to the extent they'd hoped. Link to post Share on other sites More sharing options...
biglouis Posted October 3, 2011 Share #67 Â Posted October 3, 2011 Advertisement (gone after registration) "Kodak is now continuing to explore a sale of its digital imaging patents, worth an estimated $2bn. Â The company currently has a market value of $210m. This compares with $31bn at its height in February 1997." Â If its intellectual property really is 9x the value of its market value I am surprised a private equity firm has not bought it to milk the assets. They could make a massive killing on their investment. And that is before they sell off selected parts of the company to other competitors (I'm thinking the film business). Â LouisB Link to post Share on other sites More sharing options...
AlanG Posted October 3, 2011 Share #68  Posted October 3, 2011 "Kodak is now continuing to explore a sale of its digital imaging patents, worth an estimated $2bn. The company currently has a market value of $210m. This compares with $31bn at its height in February 1997."  If its intellectual property really is 9x the value of its market value I am surprised a private equity firm has not bought it to milk the assets. They could make a massive killing on their investment. And that is before they sell off selected parts of the company to other competitors (I'm thinking the film business).  LouisB  I've done some research and it seems that Kodak has a "poison pill" that may prevent this. One analyst's on-line report places the value at about $6.69 per share after liquidation. That is not for the intellectual property but after the sale of all assets and payoff of all liabilities. Consider that Kodak spent $3.4 billion to "restructure" its film division fairly recently. Link to post Share on other sites More sharing options...
reddawn Posted October 3, 2011 Share #69  Posted October 3, 2011 Please, please, please, let's buy the film sector, sensors are also produced bei Canon, Sony and so on…  The strategy of moving into the consumer inkjet Market is most alarming. What will Kodak offer which Canon, Epson, HP and others can't? As Andy pointed out it's hardly a growing Market either. Doesn't inspire confidence. It's not the decline in film that's hit Kodak, it's their failure to innovate and compete in the digital sector. Ironic really.  They'll probably go into chapter 11 whilst they try to restructure.  Seriously I am not even aware of any Kodak printers... I can't name any models but I know quite a few Epson and Canon ones.... I don't remember seeing Kodak printers on store shelves where I live.... Link to post Share on other sites More sharing options...
AlanG Posted October 3, 2011 Share #70 Â Posted October 3, 2011 Â It's not the decline in film that's hit Kodak, it's their failure to innovate and compete in the digital sector. Ironic really. Â Consider that the decline in film has really hurt Kodak catastrophically and ponder how a company like that could really be expected to quickly remake itself as a very large consumer electronic company that would be competitive against all of the other players in this field. Let alone dominant, as they were with film. Link to post Share on other sites More sharing options...
adan Posted October 3, 2011 Share #71  Posted October 3, 2011 Just to be clear - for Kodak, inkjet is far more than "consumer" desktop printers. They are really aiming at "commercial" printing as well. Brochures, posters, small-run or on-demand books, etc. On-demand publishers like Blurb come to mind.  5000XL Press - Kodak Graphic Communications Group  Basically replacing traditional offset presses for some kinds of work. I have no idea what kind of volume or growth potential that market has. Link to post Share on other sites More sharing options...
delander †Posted October 3, 2011 Share #72  Posted October 3, 2011 As someone who has been involved in using digital presses for short run book production, I have heard of Xerox,HP and Canon digital presses but the fact that Kodak was in this market was news to me.  As for the future of this market it is surely tied up with the future of printing on paper. The digital press is yet to produce quality equal to offset litho, so there are development opportunities to replace offset litho but who will fund that development, Xerox, HP, Canon or Kodak?  Jeff  PS, I think that early on AGFA made digital presses but dont know what happened to them. Link to post Share on other sites More sharing options...
algrove Posted October 4, 2011 Share #73 Â Posted October 4, 2011 True but in the present economic climate it would be hard to rule out such a possibility. Maybe we should buy shares to keep them afloat seeing they dropped in value by 25% yesterday!!! Â I bought their shares when I bought my M9. Link to post Share on other sites More sharing options...
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