If someone will be acquiring Kodak, now would be a good time

By PR admin | Published: January 26, 2011
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kodak stock price If someone will be acquiring Kodak, now would be a good timeKodak was already in a bad shape and it got even worse today (source: Marketwatch):

"Eastman Kodak Co. said Wednesday that its fourth-quarter profit dropped 95%, as revenue declined in both the company’s traditional film business and its digital segment."

There were some speculations last month that Kodak is for sale. The stock is currently down over 15%. If someone is interested in buying Kodak, there is a discount today.

Related posts:

  1. Kodak to increase the price of all its films by 15%
  2. Kodak to stop producing digital cameras and digital picture frames
  3. More Kodak film being discontinued *updated*
  4. Hoya & Kodak updates
  5. Kodak trying to sell its photo sharing service

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25 Comments

  1. Royalan
    Posted January 26, 2011 at 1:41 pm | Permalink

    I better stock up on 120 T-Max 400, or learn to use Chinese film. Fuji discontinued their 400 speed film, and Delta 400 doesn’t work so good for me.

    • Anonymous
      Posted January 26, 2011 at 8:56 pm | Permalink

      hp5

  2. Gene
    Posted January 26, 2011 at 4:07 pm | Permalink

    I hope Olympus buys Kodak.

    • Inge-M.
      Posted January 26, 2011 at 6:37 pm | Permalink

      Yes i to!

  3. broxibear
    Posted January 26, 2011 at 4:32 pm | Permalink

    Or if someone was thinking about acquiring kodak they could let it go into administration and pick up all the assets at a knock down price ?
    “fourth-quarter profit plunged 95% and revenue fell short of expectations as the company suffered steep declines related to traditional film and its digital segment ”
    http://online.wsj.com/article/BT-CO-20110126-709320.html

  4. Serpiente
    Posted January 26, 2011 at 5:52 pm | Permalink

    They make good sensors.. I hope someone can safe that part of the company.

  5. Just A Thought
    Posted January 26, 2011 at 6:54 pm | Permalink

    Never try and catch a falling knife. There is no reason for the stock price to stop falling. If she touches below $2 then there will be tidal wave of selling, as $2 is min requirement to buy on margin with most brokers.

    • Joel C
      Posted January 26, 2011 at 9:28 pm | Permalink

      I think the post was implying good time for other companies to buy kodak.. Not for indivivuals to buy shares..

      • Global
        Posted January 27, 2011 at 4:49 pm | Permalink

        Its irrelevant who is buying if one considers this a “correction” and not a “discount”. If its a correction you should wait for the bottom. If its irrational, then all bets are off, look at the fundamentals again.

  6. hi
    Posted January 26, 2011 at 8:52 pm | Permalink

    doesn’t Kodak develop sensors for Leica? I wonder how this will affect them.

    • Din
      Posted January 26, 2011 at 9:14 pm | Permalink

      They will find other supplier and probably change to CMOS sensors.

    • Serpiente
      Posted January 27, 2011 at 6:57 am | Permalink

      Also for the Pentax 645D and maybe some other medium format cameras..

  7. Din
    Posted January 26, 2011 at 9:13 pm | Permalink

    What could Kodak offer to other big company?
    The CCD is not a big business, the film are almost dead and the optical technology is well handled for many others.
    Patents? probably, but I think could be very dangerous for other company a big investment just to make sensors for Leica.

    • Adde
      Posted January 27, 2011 at 7:46 pm | Permalink

      The name (brand) to be used to do cheap cameras. Maybe som chinese company comes along.

  8. eyecee
    Posted January 26, 2011 at 11:27 pm | Permalink

    Time for Nikon to buy Kodak for their chip manufacturing facilities and IP…

    • Just A Thought
      Posted January 27, 2011 at 12:15 pm | Permalink

      And what about the boat loads of debt?

  9. asu
    Posted January 27, 2011 at 1:14 am | Permalink

    i hope nikon will buy kodak, so they can make own sensor..
    n nikon + leica could make super camera

    B-)

    • amien
      Posted January 27, 2011 at 3:15 am | Permalink

      Brint the Kodachrome sensor !!! this will solve the issue :)

  10. Igorek7
    Posted January 27, 2011 at 10:55 am | Permalink

    History repeats itself?
    http://www.slideshare.net/Christiansandstrom/kodak-disruptive-innovation-and-the-stock-market?src=related_normal&rel=1753498

  11. Fabio27
    Posted January 27, 2011 at 1:07 pm | Permalink

    They have been a ded company walking for a long time.

    • Global
      Posted January 27, 2011 at 4:56 pm | Permalink

      I wonder if Polaroid suing them for $1 Billion in 1986 triggered the downfall and its just been a long time coming.

      Anyway, ouch:
      “In December 2010, Standard & Poor’s removed Kodak from its S&P 500 index.”

  12. Huggs
    Posted January 27, 2011 at 7:45 pm | Permalink

    I got $3.50. I’ll take the whole thing.

  13. Axel
    Posted January 29, 2011 at 7:38 pm | Permalink

    Below a buck and they’ll get de-listed.

  14. fotograf nunta Iasi
    Posted January 31, 2011 at 7:12 am | Permalink

    I wish i see Kodak making real profesional stuff. It’s a great brand for me. :(