EK leitet den Turnaround durch Patentverkauf ein

Seht die Perspektive negativ ?
Klasse,
dann können wir ja jetzt steigen  ;-)  

Also ich bin mit meiner kleinen Investition in Kodak auch nicht mehr so zufrieden.

Ich habe inzwischen die Befürchtung, dass bei Kodak immer nur reagiert wird aber nicht strategisch geplant. Es hört sich kurzfristig immer toll an, wie das zukünftige Geschäftsmodell aussehen soll.

Aber inzwischen verfolge das Unternehmen ja schon länger, und alle paar Monate kommt eine neue oder veränderte Musterlösung auf dem Tisch. Bis halt nichts mehr bleibt.

Und ich habe beim Ch. 11 die Befürchtung, dass wir Aktionäre zugunsten der Gläubiger ausgebucht werden bzw. dass unsere Aktien stark verwässert werden.

 

_____________________________

www.kostolany-analyse.de (Langfristige Sicht, Monate/Jahre)

www.kostolany-analyse.de/daxtrendindikator  (Mittelfristige Sicht, Wochen/Monate)

 

 

Bin mal gespannt ob sich Kodak um den Entry Standard bemüht oder "delisted" wird:

http://www.boerse-frankfurt.de/arcmsdownload/...pdf/Aktien_121001.pdf  

Grund unbekannt. Kann keine entsprechende News finden. Sieht so was von gar nicht gut aus :-(

 

http://www.upi.com/Business_News/2012/10/10/...31/UPI-95511349919646/  

-15% sind ein "massiver Absturz"? :)

Die News wegen Aufgabe der Medicalsparte haben jedenfalls nichts damit zu tun.  

ROCHESTER, N.Y. - Eastman Kodak Co. said Wednesday it has asked a bankruptcy court judge to allow it to end retiree medical and some other benefits at the end of the year as part of its restructuring.

The company said it reached an agreement with the court-appointed committee of retirees to pay a total of $650 million in claims and $7.5 million in cash into a fund that could be used for future payments in exchange for eliminating its current $1.2 billion liability for medical, dental, life insurance and survivor income benefits.

A company spokesman said pensions would not be affected.

It said the other benefits cost about $10 million monthly and the change is essential to emerging successfully from Chapter 11 protection. A hearing on the agreement has been scheduled for Oct. 29.

An association that represents about 5,000 Kodak retirees said it was surprised and disappointed by the proposal, which would affect about 56,000 retirees, dependents and survivors.

Art Roberts, spokesman for the association EKRA, said it hasn't decided what step it might take to attempt to block the change, aside from arguing the official retiree committee named by the court doesn't fully represent the interests of all retirees.

Kodak said the agreement also has the support of the official committee of unsecured creditors.

The Rochester, N.Y.,-based company said more information about how they will be affected will be given to beneficiaries in coming weeks.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  

(Reuters) - Eastman Kodak Co said it will begin discussions with various creditor groups on a reorganization plan to emerge from bankruptcy protection.

The company said in a filing that it expects revenue of $833 million for 2013 from its commercial imaging digital printing business and $1.72 billion from its commercial imaging graphics, entertainment & commercial films. (http://r.reuters.com/dyq33t)

Kodak said there is interest from various parties in its commercial imaging business and interest among several potential lenders to finance the business.

"We are gratified that there appears to be interest among several potential lenders to finance this business and its emergence, and with this disclosure, we are now better positioned to explore these funding opportunities," Kodak Chief Executive Antonio Perez said.

The company had said last month that it would stop selling inkjet printers from next year as it winds down most of its consumer businesses.

The company which has already shuttered its digital camera business is continuing to explore options to sell its patents, estimated to be worth between $2.2 billion and $2.6 billion.

Kodak said the global August employee count will be reduced by 1,500.

Kodak filed for bankruptcy earlier this year after struggling to adapt to the digital age.

The case is In re: Eastman Kodak Co et al, U.S. Bankruptcy Court, Southern District of New York, No. 12-10202.

(Reporting by Tanya Agrawal in Bangalore; Editing by Roshni Menon)

(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp  

Na ja, ich glaube die News erst, wenn sie eine Tatsache sind. Kodak hat schon viel versprochen, passiert ist dann aber meistens nichts.

 

Es bleibt für mich eine Alles-Oder-Nichts-Wette. Die "Chance" auf eine Pleite steht nach wie vor sehr gut, wenn der Turnaround aber gelingt, sollten Kursvervielfachungen die Folge sein.

 

Im Nachhinein würde ich wahrscheinlich aber nicht mehr investieren, weil das Chance/Risiko-Verhältnis nicht so toll ist, wie es scheint. Man darf ja auch nicht vergessen, dass selbst der langweilige DAX seit Mitte 2011 fast 40 % gemacht hat.

 

_____________________________

www.kostolany-analyse.de (Langfristige Sicht, Monate/Jahre)

www.kostolany-analyse.de/daxtrendindikator  (Mittelfristige Sicht, Wochen/Monate)

 

 

http://derstandard.at/1348285993023/Kodak-sammelt-Geld-fuer-Neuanfang  

Der insolvente Fotopionier Kodak will bei Investoren laut einem Zeitungsbericht mehrere hundert Millionen Dollar für einen Neuanfang einsammeln. Kodak führe Gespräche mit Hedge-Fonds und anderen Investoren, berichtete das Wall Street Journal am Wochenende. Dabei gehe es um Kredite oder Beteiligungen, hieß es unter Berufung auf informierte Personen.

Kodak braucht unter anderem noch Geld, um die Finanzierung für die Zeit des Insolvenzverfahrens zurückzuzahlen. Die Hoffnung auf mehrere hundert Millionen Dollar aus der Versteigerung von mehr als 1100 Patenten erfüllte sich bisher nicht. Vor wenigen Tagen kappte Kodak die Gesundheitsleistungen für frühere Mitarbeiter und Hinterbliebene, die auf 1,2 Milliarden Dollar geschätzt werden.

Kodak war Anfang des Jahres in ein Insolvenzverfahren gegangen. Das Unternehmen hatte die klassische Fotografie entscheidend geprägt, kam mit dem Wechsel zu digitalen Bildern aber nicht mehr zurecht. Kodak will nach dem Insolvenzverfahren als Druck-Spezialist weitermachen. (dpa) / (ps)


http://www.heise.de/newsticker/meldung/...cht-Investoren-1729222.html  

http://wirtschaftsblatt.at/home/boerse/1301065/...ionen-fuer-Neustart  

 

sone kleine fast schon hypothetische Meldung, und schon schlagen sich alle um die Aktien...

 

 

auf.

Dann hat man einen Unternehmen mit 2.5 Mia - 3 Mia. Umsatz mit etwa 9000 Mitarbeitern und einem Gewinn von ca. 200 bis 300 Mio und 270 Mio. Aktien im Handel, und einen historischen Markennamen und einigen verbliebenen Patenten (?).

Eastman hat mit den Investoren Blackrock und FMR (Rothschilds) die reichsten/mächtigsten Familien der Welt mit im Boot (denen gehört die Fed, Bank of England, usw., ca. 10 - 20 % an allen börsennotierten Firmen der Welt). Deshalb fliessen die Millionen von Citigroup so locker. Dagegen sind die angeblich reichsten der Welt arme Schlucker!

Deshalb wird die Umschuldung dieser Firma auch relativ locker über die Bühne gehen.

Dann haben wir ca. 2016 locker einen Preis von 5 $ pro Aktie bei 270 Mio. Aktien die derzeit im Umlauf sind.

Sobald EK erstmals schwarze Zahlen schreibt liegt der Preis pro Aktie subito über 1 $.  

Hallo hätte da mal eine Frage

Würde auch gerne einsteigen und liegen lassen, aber woher weiß ich denn ob es mit dem Neustart nicht so verhält wie bei GM. Hier gingen alle Aktionäre leer aus und es wurde eine neue GM gelistet. Wie denkt ihr darüber?

Gruß
NiceTrader  

Der US-Fotokonzern Eastman Kodak Co. (ISIN US2774611097/ WKN 850937), der im Januar einen Antrag auf Gläubigerschutz nach Chapter 11 gestellt hat, kündigte am heutigen Freitag an, dass das Unternehmen nun bereit sei mit wichtigen Gläubigern über einen Plan für eine Umstrukturierung der Schulden zu verhandeln.

Laut Unternehmensangaben ist dies das Ergebnis der bedeutenden Fortschritte, die Kodak bisher bei seinem Umstrukturierungsprozess erreicht hat. Auf Unternehmensseite rechnet man damit, in der ersten Jahreshälfte 2013, aus dem Gläubigerschutz nach Chapter 11 austreten zu können.

http://www.abendblatt.de/newsticker/finanzen_nt/...ne-Chapter-11.html

 

http://www.greecepost.com/latestnews/x2051149649/...rganization-talks

 

Kodak Retiree Committee Secures Extended Coverage Of Benefits Despite Kodak's Termination Of Plans

Committee To Establish Trust To Fund Some Benefits

ROCHESTER, N.Y., Oct. 15, 2012 /PRNewswire via COMTEX/ -- The Official Committee of Retirees of the Eastman Kodak Company has reached an agreement in principle with Kodak that will provide for the continuation of all retiree benefits through the end of 2012. The settlement also provides for a cash payment of $7.5 million and bankruptcy claims totaling $650 million that will be used to fund the continuation of some benefits after December 31, 2012.

The Committee was formed in May 2012 to advocate for retirees after Kodak filed a motion with the bankruptcy court to terminate health benefits for its Medicare-eligible retirees, effective May 1, 2012. Soon thereafter, Kodak informed the Committee that it intended to terminate all benefits as of September 30, 2012. Kodak stated it could not continue retiree benefits and also reorganize, and provided the Committee with hundreds of thousands of pages of supporting documents. If Kodak does not successfully emerge from bankruptcy, the retirees have no chance of receiving any future benefits.

The Committee's advisors engaged in extensive and hard-fought negotiations with Kodak, which the company required be conducted under strict confidentiality. The Committee was ultimately able to strike an agreement with Kodak for all benefits to be continued through the end of 2012 - a value to the retiree community of approximately $30 million (in addition to about $8.5 million in savings to Medicare-eligible retirees that resulted from the withdrawal of the motion to terminate their health care benefits effective May 1, 2012). The Committee also concluded the agreement in a way that requires Kodak to make COBRA coverage available for life to all retirees so long as retirees pay premiums and Kodak continues to sponsor health plans for its active employees. This will allow all retirees to have health care coverage comparable to what they currently have, although premium costs may increase for many.

The bankruptcy claims include an administrative priority claim in the amount of $15 million, and a general unsecured claim in the amount of $635 million, which will be liquidated to add to the cash payment of $7.5 million.

The Committee will use the funds acquired in the settlement to set up a VEBA - a trust fund that will subsidize the cost of some benefits going forward. Based on input received from the retiree community and the experience of the Committee members, the Committee decided that the limited funds available should be used where they are most needed, to create a modest safety net for as many people as possible. Specifically, the VEBA will pay a limited portion of the Survivor Income Benefits to surviving spouses and dependents of retirees who depend on these payments for their living costs. In addition, the Committee intends to use the VEBA to subsidize some portion of the health care costs for retirees not yet eligible for Medicare. The Committee determined that health care benefits comparable to what Kodak has been providing for Medicare-eligible retirees are readily available in the marketplace at a reasonable cost. Retirees with life insurance benefits will have conversion rights under the terms of the Kodak plans.

Finally, communications to retirees, while not permitted during the negotiations, are now of paramount importance. The Committee thus secured Kodak's commitment to provide prompt and comprehensive communications to the retiree community, including written information as well as a series of town hall meetings.

The Committee recognizes that retirees are going to suffer as a result of Kodak's decision to terminate benefits. Unfortunately, however, the law does not favor the interests of retirees in this situation. The Committee ultimately concluded that the agreement it negotiated was better than it could reasonably expect to achieve if it engaged in risky, uncertain, and potentially harmful litigation.

The Committee urges all retirees to pay close attention to the information they will be receiving from Kodak, as well as from health insurance carriers, Medicare, and the Committee. Information regarding COBRA coverage, Medicare coverage, and conversion options will be disseminated over the coming weeks and months, as well as more information regarding the VEBA and the benefits it will provide.

http://www.marketwatch.com/story/...s-termination-of-plans-2012-10-15

Rochester's High Falls area sees more development

http://www.democratandchronicle.com/article/...ead&nclick_check=1

 

http://www.4-traders.com/...ing-Best-In-Class-Global-Servic-15384750/

Eastman Kodak Company : Kodak’s Mike Massey Shares Expertise on Building Best-In-Class Global Services Business at TSW Conference  

Kodak Seeks Several Hundred Million Dollars in Financing

Eastman Kodak Co. EKDKQ -5.49%is seeking several hundred million dollars in financing from hedge funds and other investors holding the company’s debt as it seeks to emerge from bankruptcy proceedings, said a person familiar with the deliberations.

Kodak disclosed Friday it will start negotiating with “key creditor groups” on a reorganization plan and explore financing options. Among the creditors involved in the discussions is a wide array of investors holding the company’s so-called second-lien bonds, said people familiar with the discussions.

Bondholders involved in the discussions with Kodak include Centerbridge Partners, GSO Capital Partners, Litespeed Partners and J.P. Morgan Securities JPM +1.04%, among others, the people said.

The amount of any financing, and whether it would be in the form of debt or equity, hasn’t yet been determined, the people said. But a person familiar with the matter said it would likely be several hundred million dollars. Kodak has had trouble fetching a high price during an auction of 1,100 digital patents and still must repay more than $600 million it owes on a bankruptcy loan provided by Citigroup Inc. C +0.83%and others.

Equity financing could potentially give the creditors big ownership stakes in Kodak and the ability to appoint directors to a new board, depending on how a deal is structured.

Kodak filed for Chapter 11 in January, blaming an inability to attract buyers for its patents, the burden of retiree benefits, a weak economy and moves by vendors to cut ties to the company. The Rochester, N.Y., company has said it will reduce its workforce and wind-down its desktop-printer business.

The company remains in discussions with an investor consortium of Silicon Valley giants and patent aggregators on a sale of 1,100 digital patents.  A person familiar with the process said Kodak hoped to reach a deal to sell the patents before the end of the year, and the company wouldn’t likely disclose results of the auction until a sale was finalized. Companies sometimes announce results of auctions after reaching agreements in principle that haven’t been finalized.

On Wednesday, the company said it will terminate its retiree health-care and survivor benefits program, resolving a $1.2 billion retiree-benefits liability.

Shares were recently trading 1.9% lower at 20 cents. The stock is down about 84% over the past year.

http://blogs.wsj.com/deals/2012/10/12/...illion-dollars-in-financing/

 

Kodak Provides Brand Owners with Powerful Defense at International AntiCounterfiting Coalition (IACC) Annual Fall Conference

International AntiCounterfeiting Coalition (IACC) Annual Fall Conference at The US Grant in San Diego, Oct. 17-19

http://www.kodak.com/ek/US/en/News_Media/...nnual_Fall_Conference.htm

New documents

http://files.shareholder.com/downloads/EK/...sclosure_October2012.PDF

 

Für alle die meine englischen Artikel nerven, hier ein paar links in deutsch ! Ich persönlich glaube hier an einen Rebound und sehe das Kursziel Langfristig bei 2,10 €

Kodak-Aktie: Licht am Ende des Tunnels?

Der US-Fotokonzern Eastman Kodak Co. (ISIN US2774611097 / WKN 850937), der im Januar einen Antrag auf Gläubigerschutz nach Chapter 11 gestellt hat, kündigte am heutigen Freitag an, dass das Unternehmen nun bereit sei mit wichtigen Gläubigern über einen Plan für eine Umstrukturierung der Schulden zu verhandeln.

Laut Unternehmensangaben ist dies das Ergebnis der bedeutenden Fortschritte, die Kodak bisher bei seinem Umstrukturierungsprozess erreicht hat. Auf Unternehmensseite rechnet man damit, in der ersten Jahreshälfte 2013, aus dem Gläubigerschutz nach Chapter 11 austreten zu können.

Demnach erwartet Kodak im ersten Halbjahr 2012 Umsatzerlöse von 1,2 Mrd. US-Dollar. In der zweiten Jahreshälfte sollen es dann schon 1,52 Mrd. US-Dollar sein.

Die Kodak-Aktie tendiert derzeit im US-Handel bei 0,2225 US-Dollar (+11,19 Prozent).

http://www.aktiencheck.de/exklusiv/Artikel-Kodak_Aktie_Licht_am_Ende_des_Tunnels-4637099

 

 

Der Fotopionier führt Gespräche mit Hedgefonds, nach dem Insolvenzverfahren will Kodak als Druck-Spezialist weitermachen

New York - Der insolvente Fotopionier Kodak will bei Investoren laut einem Zeitungsbericht mehrere hundert Millionen Dollar für einen Neuanfang einsammeln. Kodak führe Gespräche mit Hedgefonds und anderen Investoren, berichtete das "Wall Street Journal". Dabei gehe es um Kredite oder Beteiligungen, hieß es.

Gesundheitsleistungen gekappt

Kodak braucht unter anderem noch Geld, um die Finanzierung für die Zeit des Insolvenzverfahrens zurückzuzahlen. Die Hoffnung auf mehrere hundert Millionen Dollar aus der Versteigerung von mehr als 1.100 Patenten erfüllte sich bisher nicht. Vor wenigen Tagen kappte Kodak die Gesundheitsleistungen für frühere Mitarbeiter und Hinterbliebene, die auf 1,2 Milliarden Dollar (0,93 Milliarden Euro) geschätzt werden.

Kodak war Anfang des Jahres in ein Insolvenzverfahren gegangen. Das Unternehmen hatte die klassische Fotografie entscheidend geprägt, kam mit dem Wechsel zu digitalen Bildern aber nicht mehr zurecht. Kodak will nach dem Insolvenzverfahren als Druck-Spezialist weitermachen

http://derstandard.at/1348285993023/Kodak-sammelt-Geld-fuer-Neuanfang

http://www.heise.de/newsticker/meldung/...cht-Investoren-1729222.html

 

Eastman Kodak Company : Kodak Provides Brand Owners with Powerful Defense at International AntiCounterfiting Coalition (IACC) Annual Fall Conference

10/16/2012| 12:07pm US/Eastern

Kodak's brand protection technologies are helping brand owners establish more secure countermeasures to deter counterfeiters and diverters. Kodak will demonstrate these capabilities during the International AntiCounterfeiting Coalition (IACC) Annual Fall Conference at The US Grant in San Diego, Oct. 17-19. The event's attendees represent members of business and industry who are working on ways to combat threats related to product counterfeiting and piracy.

Kodak's experts will meet with attendees during the IACC Fall Conference to discuss the latest practices and share new technologies in use by brand owners and consumer packaged goods companies around the world. Businesses and enterprise organizations regularly work with Kodak to strengthen the security of business operations related to manufacturing, marketing, packaging, sales and product distribution.

"Counterfeiting and related criminal activities pose a major risk to the health and safety of consumers. Damages from these illicit activities can negatively impact multiple areas of a business including consumer safety, brand reputation and bottom-line profits," said Randy Young, Worldwide Director of Packaging & Brand Management Services. "Kodak's brand protection solutions source decades of expertise and experience. This enables us to develop technologies that meet current conditions and construct strategies that anticipate the next threat from a vastly sophisticated and rapidly evolving counterfeit and criminal market."

Kodak has a strong history of working with global companies to implement tailored brand protection security systems. Its applications include security features for use in packaging, inks, substrates, plastics, and directly in product materials. Kodak's brand protection solutions currently benefit customers in the pharmaceutical, health and beauty, consumer product and luxury goods industries.

Kodak arms customers with a broad portfolio of brand protection solutions. Technologies and applications include invisible product authentication, overt or visible artwork-based authentication, anti-diversion solutions and product serialization with track and trace system capabilities. The KODAK TRACELESS System also includes black and color inks with invisible markers to aid in anticounterfeiting efforts. The KODAK TRACELESS Color CIJ System can be printed in-house on an end-of-line continuous inkjet printer, eliminating the need to add an extra printer to an existing line. This visible ink authentication system provides brand owners with a variety of custom colors to match current branding and packaging design.

"Brand owners need proven technologies and a proactive partner to properly confront the threats related to counterfeiting, fraud and diversion," said Young. "Kodak's capabilities in imaging technology and material science continue to help us develop new ways to keep companies and their consumers safe from the harms of criminal activity."

http://www.4-traders.com/...ense-at-International-AntiCount-15388192/