Kodak Stock Down to $5.45

[AgX]

https://www.kerrisdalecap.com/wp-content/uploads/2018/02/Eastman-Kodak-Company-KODK.pdf

A obscure business address, as hinted at in that report, does not say much. I have seen much worse legal constructions even at CEO level at a alive major comany.

 

[Ai Print]

Since I am not in the know about Kodak products beyond some of their consumer offerings (low end, not competitive in the market) and film (excellent), I am curious about the quality and competitiveness of their commercial products. What are they selling and is it good?

My sister's husband is the GM of a large commercial printing operation in LA and they just got a new Kodak system last quarter due to rising demand for boutique printing products. He said it has been truly outstanding and the service second to none.

 

[Photo Engineer]

A local former Xerox employee founded a large printing company himself. It was completely furnished with Kodak equipment as he thought it was better than the Xerox products he worked on.

PE

 

[wyofilm]

My sister's husband is the GM of a large commercial printing operation in LA and they just got a new Kodak system last quarter due to rising demand for boutique printing products. He said it has been truly outstanding and the service second to none.

I looked at their website, but didn't come away with much understanding as I know nothing about commercial printing. The vague notion I got was that they were specializing in what could be understood as boutique printing. Interesting.

 

[RattyMouse]

I looked at their website, but didn't come away with much understanding as I know nothing about commercial printing. The vague notion I got was that they were specializing in what could be understood as boutique printing. Interesting.

Boutique printing is a good word, and it's getting more and more so as revenues are in continual decline. There are few customers that need printing in today's digital world.

 

[wyofilm]

Boutique printing is a good word, and it's getting more and more so as revenues are in continual decline. There are few customers that need printing in today's digital world.

Not around our house. We throw away more catalogues than ever. The man who promised a paperless society should be shot. The computer age has INCREASED the worlds paper load, and my wife feels compelled to properly file all of it!

 

[RattyMouse]

Not around our house. We throw away more catalogues than ever. The man who promised a paperless society should be shot. The computer age has INCREASED the worlds paper load, and my wife feels compelled to properly file all of it!

The fact is, Kodak's revenue is dropping very fast. Why? Less need for printing. That trend is not going away.

 

[Ai Print]

Not around our house. We throw away more catalogues than ever. The man who promised a paperless society should be shot. The computer age has INCREASED the worlds paper load, and my wife feels compelled to properly file all of it!

The printer in LA that I referred to is mostly books, coffee table, etc. Even several magazines are seeing good print run / readership numbers despite the ad revenues are not the same as they used to be. I just completed a 4 day shoot for a German magazine, the day rate was excellent and they seem to be doing well in terms of readership and put out a beautiful product with a copper spot varnished title.

While we will never see the glory days of Life magazine, print in high quality form is stabilizing into an artistic niche much like film use is, not everyone wants digital everything at every hour of the day in every form, many are tiring of it actually. I am currently working on three book projects my self and will likely use my LA contact for the final product.

Hopefully this does well for Kodak and they do more than stay afloat.

 

[wyofilm]

I can easily imagine 'personalized' catalogues (do they already exist) based on demographics and personal spending habits. Changeable content within a catalogue (much like web ads) could easily be linked to the mail address/postal code. If a printing system could handle that on the fly, then marketers would be giddy. Can this be done already? Maybe Kodak is ahead of the curve on this one.

 

[cmacd123]

I can easily imagine 'personalized' catalogues (do they already exist) based on demographics and personal spending habits. Changeable content within a catalogue (much like web ads) could easily be linked to the mail address/postal code. If a printing system could handle that on the fly, then marketers would be giddy. Can this be done already? Maybe Kodak is ahead of the curve on this one.

we do get a few mailing pieces with coupons connected with the "Air Miles" loyalty card, which are selected based on the items we have porchaed with the card. Our names are sometimes added to photos and the like, so each flyer is a unique item.

 

[wyofilm]

we do get a few mailing pieces with coupons connected with the "Air Miles" loyalty card, which are selected based on the items we have porchaed with the card. Our names are sometimes added to photos and the like, so each flyer is a unique item.

Yeah, I guess I've seen things like that (I try to throw that all away). Seems those are overprinted on the flyer. Could unique catalogues be printed on the fly? Anyway, it does seem that there is a place for nimble printing in industrial printing. We may not have as many newspapers, phonebooks, or magazines around these days, but I can attest to the fact that catalogue printing is WAY up.

 

[wyofilm]

we do get a few mailing pieces with coupons connected with the "Air Miles" loyalty card, which are selected based on the items we have porchaed with the card. Our names are sometimes added to photos and the like, so each flyer is a unique item.

Yeah, I guess I've seen things like that (I try to throw that all away). Seems those are overprinted on the flyer. Could unique catalogues be printed on the fly? Anyway, it does seem that there is a place for nimble printing in industrial printing. We may not have as many newspapers, phonebooks, or magazines around these days, but I can attest to the fact that catalogue printing is WAY up.

 

[Ai Print]

Without revealing propriety business model info, think of a mash-up between 3-D printing tech and traditional offset printing for "print" purposes. On the fly is a lot of the way many business build a total marketing package these days, nimble is key. There is a lot of room for innovation here and aside from being nimble, undeniable creativity is always well received.

There is a lot of new ground and resulting income to be had out there yet so following current trends too closely could blind one from setting their own.

 

[Sirius Glass]

Not around our house. We throw away more catalogues than ever. The man who promised a paperless society should be shot. The computer age has INCREASED the worlds paper load, and my wife feels compelled to properly file all of it!

The idea of paperless society is to force us to store everything on a computer so that all the data can disappear in one hard disk crash. Furthermore, it has provided a way that I receive one monthly retirement payment that I cannot trace back to the investment nor the source. Therefore when I have to do my taxes I do not have a way to retrieve the appropriate tax forms since I have not way to get a copy of it. Hence, I cannot report the income source and the IRS then charges me a penalty which is greater than that income and I end up losing more than that income. It is the only retirement account for which I do not get hard copies. That one account had automatically changed to paperless without my assent.

 

[RattyMouse]

Yeah, I guess I've seen things like that (I try to throw that all away). Seems those are overprinted on the flyer. Could unique catalogues be printed on the fly? Anyway, it does seem that there is a place for nimble printing in industrial printing. We may not have as many newspapers, phonebooks, or magazines around these days, but I can attest to the fact that catalogue printing is WAY up.

I havent seen a catalogue in years. Back in the day, our suppliers would always drop by on sales calls with all kinds of printed material on their recent products for us to try. Now they show up with Powerpoint slides and gift flash drives to distribute these files.

Also, we have a Ricoh professional grade copier at our company, the size of a large car, that is hardly used. It's crazy what we pay to lease that thing and it might be gone soon. Everything we used to print is now digital.

 

[Craig]

Investors continue to punish Kodak's stock, down -4% in early morning trading, now down -12.5% for the week.

The markets are in a major sell-off, so I think Kodak is simply being swept along with everything else. You've heard the phrase "a rising tide floats all boats"? Means that a market in upswing will drag along stocks that probably shouldn't be worth as much as they are, the same things happens in dropping markets.

If Kodak was dropping in a rising market, that's a different story; but it isn't moving in isolation to the broader market.

 

[wyofilm]

I havent seen a catalogue in years

If you miss them, I'll send some to you. As a family we receive approximately 12000 catalogues per day.

 

[Arklatexian]

Stocks that are propped up by fake cryptocurrency schemes are indeed penny stocks.

Today (2/8/18), the market went down $1,000.00 or so. Kodak went down $.30 a share, still closing over $5.00 a share. They are not dead yet folks!.......Regards!

 

[Arklatexian]

Not around our house. We throw away more catalogues than ever. The man who promised a paperless society should be shot. The computer age has INCREASED the worlds paper load, and my wife feels compelled to properly file all of it!

+1

 

[faberryman]

Fundamentals (or gravity) appear to be in play after the Kodakcoin run up.

 

[trendland]

The idea of paperless society is to force us to store everything on a computer so that all the data can disappear in one hard disk crash. Furthermore, it has provided a way that I receive one monthly retirement payment that I cannot trace back to the investment nor the source. Therefore when I have to do my taxes I do not have a way to retrieve the appropriate tax forms since I have not way to get a copy of it. Hence, I cannot report the income source and the IRS then charges me a penalty which is greater than that income and I end up losing more than that income. It is the only retirement account for which I do not get hard copies. That one account had automatically changed to paperless without my assent.

The risc to have a lost of photographs is at the beginning nearly the same. To open the camera with film inside/failure with sd-card from digital camera.Next failure from lab : film is missing/ storage from transmitting datas of sd-card on a computer : next datas are not stored.
If you have a developerd film back the next risc is from archival issues first after
20 - 35 years (lost of colors began to be noticable / datas in a computer max are save the first 1/2 year - 4 years than the risc is increasing more and more.
The risc with negatives is just if you house will burn......before that would happen computers are often not working long before.....
with regards

 

[trendland]

No back up strategy is total save.To prevent a house burning is also not 100% sure but you have factor 100 with best back up task. Just ask big companies.
They have departements of real Experte ask from missing datas

 

[alanrockwood]

For what the comment is worth (probably nothing) I tried to place an order to short 200 shares of KODK, today but my brokerage account says they are not allowing short sales on KODK at this time.

 

[FoidPoosening]

For what the comment is worth (probably nothing) I tried to place an order to short 200 shares of KODK, today but my brokerage account says they are not allowing short sales on KODK at this time.

Reason being is it's very difficult to get a borrow of KODK right now, no one has the shares to lend you. Stock loan lending costs on KODK are anywhere from 130-165% when I checked yesterday.

 

[Karl K]

Kodak is hurting while Fuji is Flourishing!

"Fujifilm Holdings has posted its financial results for the first three quarters of the 2017 fiscal year, and it's all good news for the Imaging Solutions division.
The segment recorded a revenue of 297.7 billion yen (approximately $2.77 billion USD), a bump of 15.6% year-on-year.
Imaging Solution operating income totaled 50.0 billion yen (approximately $465 million USD), up 76.1% over the same period during the previous year.

From the figures in its earnings presentation, it seems the bulk of the increase comes from the Photo Imaging business—read: Instax cameras—but strong sales in the Electronic Imaging business show the X-Series is starting to deliver.
Quarterly revenue for Electronic Imaging is up 39%, thanks to strong sales of the X-E3, X-T20 and X100F models, and the mirrorless medium-format camera GFX 50S and corresponding lenses.

Sales also increased in the Optical Devices business, largely due to strong sales of various industrial-use lenses, used for example in vehicle cameras or projectors.
And, finally, Fujifilm's presentation also mentions the launch of the new MK series of lenses, which are designed for cinema cameras and targeted at the growing area of video creation for online purposes.

If you want to dive into more detail, you can find all the report documents, including a video of the presentation, on the Fujifilm Holdings website.
But long story short: Fujifilm's Imaging Solutions division seems to be doing very well."