Eastman Kodak Stock Discussion

新东 : Eastman Kodak Co Files for Mixed Shelf of up to $500 Mln . for what?

QMengColdJoke OP 新东 : Just looked closely at mixed shelf and eSOP. Common stock ESOP alone used 75% of the quota... and it was quite a dilution. The problem is, the company really has no shortage of money. The new Kodak has 401k and pension at the same time, and Rochester is cheap, and there is no incentive to raise salaries for ordinary employees... I think this group of executives is planning to take a hard look at the overall situation, similar to the high-end operation of donating 50 yuan of stocks in 2020. However, the average cost should be kept below 5 yuan, which is relatively safe. My last two purchases have raised my costs. Let's take a look at it step by step.

QMengColdJoke OP : pension surplus is still 1B at end of 2023.

QMengColdJoke OP : Q4 eps 0.06 (OK), FY 2023 0.93. Pretty decent. Still cheap here. But media had wrong speculation. Kodak is definitely doing something on pension. I will buy a lot below 4, but won’t add here. gold and silver prices were low in 2023, will be expensive in 2024 and become a small headwind for KODAK.