PDA

View Full Version : News today from Kodak



Pages : 1 2 3 4 5 6 [7] 8 9

hoffy
05-02-2013, 10:18 PM
For a little perspective: I'm looking at a B&H ad from November 1982.
Tri-X:
135-36, $2.19.
120, $1.75

From the US Consumer Price Index's inflation calculator:

$2.19 in 1982= $5.28 in 2013

$1.75 in 1982= $4.22 in 2013

Very curious - so, we really have nothing to complain about!

Photo Engineer
05-02-2013, 10:20 PM
Ahhh, Fred, my stock was bought high so here I am at about 30 cents / share. :D

Can anyone live with a loss like that?

PE

Prof_Pixel
05-02-2013, 10:22 PM
Ron,

Your 'old' Kodak stock (if you have any left) is about to be worth $0 per share - not even 30 cents

lxdude
05-02-2013, 11:23 PM
For a little perspective: I'm looking at a B&H ad from November 1982.
Tri-X:
135-36, $2.19.
120, $1.75

From the US Consumer Price Index's inflation calculator:

$2.19 in 1982= $5.28 in 2013

$1.75 in 1982= $4.22 in 2013

From B&H's website today:

TX 135-36, $4.29 ----equal to $1.78 in 1982.

TX 120, .....$4.95 ----equal to $2.06 in 1982.

Photo Engineer
05-02-2013, 11:34 PM
Yeah, yeah, yeah Fred. What an I do about it? :(

PE

alanrockwood
05-02-2013, 11:38 PM
Ron,

Your 'old' Kodak stock (if you have any left) is about to be worth $0 per share - not even 30 cents

Prof_Pixel is right. When the company emerges from bankruptcy the old shares will be cancelled and therefore be worthless, i.e. $0 per share. Better dump it now while you can get a few cents per share, or alternatively, request share certificates and save them as souvenirs to hang on the wall.

wblynch
05-03-2013, 12:41 AM
Been there done that. Take the thirty cents.

I had a $20 stock go bk. sold it at fifty cents. Then I bought a Ton at twenty-six cents and sold it for fifty cents again. Two days later it was zero.

Don't remember if it was Worldcom or UAL. We can still talk on the phone and we can still fly in planes.

And God willing we will still buy film.

Sal Santamaura
05-03-2013, 11:00 AM
Ahhh, Fred, my stock was bought high so here I am at about 30 cents / share...Too bad you hadn't adopted my philosophy. I'd never buy any stock in a company that would hire me. :D:D:D

Uncle Bill
05-03-2013, 04:14 PM
I know I'm late to the thread, this is great news. Properly run, the new buyers of Kodak's film and document business will have a decent income generator.

jnanian
05-03-2013, 04:17 PM
Harman's execs sure did...

Ken

!!!!!!!!

Rafal Lukawiecki
05-03-2013, 04:52 PM
I really liked it when Steven Ross, the Chairman of the United Kingdom Kodak Pension Plan, said in that quoted interview (http://www.democratandchronicle.com/article/20130501/BUSINESS/305010058/Kodak-pension-plan-Steven-Ross-scanners-film?nclick_check=1), that he was thinking in 20-year cycles. I hope this means focus on a long-term sustainable business, quality product, and, in my dreams, maybe even some cool, Kodak-clever innovation.

PKM-25
05-03-2013, 05:39 PM
I really liked it when Steven Ross, the Chairman of the United Kingdom Kodak Pension Plan, said in that quoted interview (http://www.democratandchronicle.com/article/20130501/BUSINESS/305010058/Kodak-pension-plan-Steven-Ross-scanners-film?nclick_check=1), that he was thinking in 20-year cycles. I hope this means focus on a long-term sustainable business, quality product, and, in my dreams, maybe even some cool, Kodak-clever innovation.

I think that what happens in the next 18-24 months will steer this course a lot. If both users of Kodak film and sellers Kodak film think out of the box, there is no telling where this can lead so I hope we can really work together on making sure enough people use the products.

I bet marketing has been doing a lot of homework as they wait for the day they actually have a budget to execute some new ideas....I am excited to see what they come up with!

PDH
05-03-2013, 07:00 PM
For a little perspective: I'm looking at a B&H ad from November 1982.
Tri-X:
135-36, $2.19.
120, $1.75

From the US Consumer Price Index's inflation calculator:

$2.19 in 1982= $5.28 in 2013

$1.75 in 1982= $4.22 in 2013

Wards Photographic Catalog 1952

35mm 36 ex Plus X $3.86 is now $32.54 a roll.

Photo Engineer
05-03-2013, 07:39 PM
No one bought the Kodak film business. The British retirement plan bought the paper business. They have the right to use the Kodak name and trademark.

Kodak operates its film coating business as usual and will continue to do so for the foreseeable future. Distribution of the film has been sold to a marketing company. So, Kodak film made at Kodak park > Marketing company > us.

Kodak paper ? large finishers in rolls.

PE

lxdude
05-03-2013, 11:45 PM
Wards Photographic Catalog 1952

35mm 36 ex Plus X $3.86 is now $32.54 a roll.

Wow.

In the 1982 B&H ad Plus-X was the same price as Tri-X. $2.19.

pbromaghin
05-04-2013, 01:25 AM
No one bought the Kodak film business. The British retirement plan bought the paper business. They have the right to use the Kodak name and trademark.

Kodak operates its film coating business as usual and will continue to do so for the foreseeable future. Distribution of the film has been sold to a marketing company. So, Kodak film made at Kodak park > Marketing company > us.

Kodak paper ? large finishers in rolls.

PE

Ron, are you sure about this? The public release sure reads like the UKPP bought the entire film business, including ownership of the emulsions, while old-Kodak retained ownership of the only place where the films cold be made.

shutterlight
05-04-2013, 03:50 AM
Sorry to come into this discussion a bit late (comparatively speaking).

During the past school year, which is just now ending, I came to depend on shooting Portra 400 with my Mamiya 7 to do most of my serious work. I shoot a certain way with my 7 that I don't with any other camera. I make images with it that I don't make with my digital cameras or even just film SLRs. How likely is it that Kodak C41 film is going to go away by the end of this year? I don't really care about B/W film from Kodak, because Ilford is committed to making B/W film and its future is secure for the time being. Color film, however, is super important to me.

To lose Portra would require me to change what and how I shoot, and I hope that doesn't happen.

AgX
05-04-2013, 04:50 AM
Ron, are you sure about this? The public release sure reads like the UKPP bought the entire film business, including ownership of the emulsions, while old-Kodak retained ownership of the only place where the films cold be made.


The statements from Kodak PR:

Hi Sal - You are correct. All film (still and motion picture) manufacturing will remain with Kodak in Rochester. I don't have any information on the 2nd part of the question - all I can say is what we've said previously (as that has not changed). The lifecycle of film will depend on consumer and professional demand for the products.


All of our paper manufacturing capability, IP and team around the world will move to the new company. Our consumer and professional film will continue to be made in Kodak’s film factories via a long-term supply agreement.

Ian Grant
05-04-2013, 04:54 AM
The statements from Kodak PR:

So it's not good news after all, Perez will sill be milking the film division to pay his salary and bonuses.

Ian

fotch
05-04-2013, 08:40 AM
So it's not good news after all, Perez will sill be milking the film division to pay his salary and bonuses.

Ian

This is sure negative news.