Kodak Stock Down to $5.45

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Bob Carnie

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learn how to coat glass plates, dig into Pt Pd and Gum - all your worry's will go away...
 

removedacct1

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learn how to coat glass plates, dig into Pt Pd and Gum - all your worry's will go away...

Precisely what I've been doing for the past 6 months. Collodion is so satisfying to work with, and it frees me from giving a sh*t whether Kodak survives or not.
 

Bob Carnie

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Its funny but if you think about it.. to craft an exhibition quality print in silver it takes me at least 7-8 sheets to become a happy camper.. multiply 8 x $7-$8 dollars a sheet plus chemistry vs making a digital negative and then coating at most two sheets of paper to get to the same point, I think we are at a tipping point where trying to satisfy a manufacturers product vs just doing it ourselves with simple materials and yes some skill... A young guy who does wet plates came by with a container full of good quality 5 x7 negatives on glass that he coated himself and it really drove home to me at least that times are changing...He coats his emulsions to print using various print processes and it just all made sense to me...
 

RattyMouse

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learn how to coat glass plates, dig into Pt Pd and Gum - all your worry's will go away...

None of my cameras take glass plates so such techniques have no interest to me. Ilford isn't going anywhere so I'm not worried about losing film.

Kodak +12% today so far! Whoa boy but someone could have made serious money today.
 

Sirius Glass

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Sirius Glass

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learn how to coat glass plates, dig into Pt Pd and Gum - all your worry's will go away...


None of my cameras take glass plates so such techniques have no interest to me. Ilford isn't going anywhere so I'm not worried about losing film.

Kodak +12% today so far! Whoa boy but someone could have made serious money today.

-1

Hand coated plates involve an entirely different aesthetic, which would be totally inappropriate for my photography, not to mention the process, which doesn't interest me at all. What I need are Kodak (or Ilford I guess) films. Honestly the notion hand coated plates can somehow replace Kodak/Ilford films is laughable to me. Totally different media as far as I'm concerned.

I do not choose to go back to glass plates especially wet plate. We need Kodak, Ilford, Fujifilm et al to live long and prosper.
 
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mshchem

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I'm sorry, but every time this headline pops up about "Kodak Stock Tanks" an image pops into my mind about large galvanized containers. Well -- could maybe be used for print washing, although non-metallic would no doubt be better.

I'm not sure hanging on every bump in a stock price is good for one's health!
Maybe Kodak could become the global leader in Stock Tanks??
 

removed account4

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-1

Hand coated plates involve an entirely different aesthetic, which would be totally inappropriate for my photography, not to mention the process, which doesn't interest me at all. What I need are Kodak (or Ilford I guess) films. Honestly the notion hand coated plates can somehow replace Kodak/Ilford films is laughable to me. Totally different media as far as I'm concerned.

oh well ...
the go juice isn't for everyone //
im gonna feel bad when celuloid is'nt
readily available ..
 

RattyMouse

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Another downgrade this week:

Eastman Kodak (NYSE:KODK) was downgraded by equities researchers at TheStreet from a “c-” rating to a “d” rating in a research report issued to clients and investors on Wednesday, November 29th. The company has a debt-to-equity ratio of -3.44.

Shares taking another leg lower, down 3 percent in today's trading.
 
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mshchem

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Another downgrade this week:

Eastman Kodak (NYSE:KODK) was downgraded by equities researchers at TheStreet from a “c-” rating to a “d” rating in a research report issued to clients and investors on Wednesday, November 29th. The company has a debt-to-equity ratio of -3.44.

Shares taking another leg lower, down 3 percent in today's trading.
Don't worry. I will be starting my own Ektachrome line early 2018. The only thing I can't figure is the DX codes on the 35mm cassettes. Can't be that hard ? Maybe I will just save old Ektar cassettes and write E100 on it with a Sharpie :smile:
 

alanrockwood

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Another downgrade this week:

Eastman Kodak (NYSE:KODK) was downgraded by equities researchers at TheStreet from a “c-” rating to a “d” rating in a research report issued to clients and investors on Wednesday, November 29th. The company has a debt-to-equity ratio of -3.44.

Shares taking another leg lower, down 3 percent in today's trading.
I hate to say it, but this does not bode well at all.
 

MattKing

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I hate to say it, but this does not bode well at all.
Well you may be right, it may actually be beneficial to film users to have Kodak be forced to go private.
 

iandvaag

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In that case, could APUGers form a collective, and buy the film division of Kodak? Along with some directors who want to shoot on film, etc. If the film division is break-even, wouldn't that be just fine if it was owned by people who wanted it to continue to produce film? The numbers seem so small in the scheme of things, maybe there are a few members with deep pockets? :wondering:
 

MattKing

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Kodak's film division is still considerably larger than Ilford/Harman. And the Building 38 and machinery is probably more valuable than Harman's leasehold interest in their premises.
It is the combination of Eastman Kodak's debt and the expectations imposed by being a publicly listed corporation that are most problematic for Eastman Kodak.
 

Ste_S

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In that case, could APUGers form a collective, and buy the film division of Kodak? Along with some directors who want to shoot on film, etc. If the film division is break-even, wouldn't that be just fine if it was owned by people who wanted it to continue to produce film? The numbers seem so small in the scheme of things, maybe there are a few members with deep pockets? :wondering:

If I remember rightly Kodak offered to sell it's film business to the studios and Nolan, Tarantino, Abrams et al ? They declined and worked out another deal to fund Kodak ?
 

RattyMouse

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If I remember rightly Kodak offered to sell it's film business to the studios and Nolan, Tarantino, Abrams et al ? They declined and worked out another deal to fund Kodak ?

Yes, they declined to buy Kodak's film operation, probably because the cash flow situation is horrific. Instead, they signed a 5 year contract to buy Kodak film. This has 2 ore years to go I think.
 

RattyMouse

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Well you may be right, it may actually be beneficial to film users to have Kodak be forced to go private.

A company that has nearly 4 times more debt than equity and loses millions per year and growing is not going to be a success going private.
 

cmacd123

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A company that has nearly 4 times more debt than equity and loses millions per year and growing is not going to be a success going private.

But the film division ALONE may have better numbers. Particularly if the Christopher Nolan factor is added in.
 
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