Kodak's Fresh New Start May Be An Opportunity For Investors, But Caution Is The Buzzword
- Kodak has been a company with a long and extremely valuable history; now, its fresh new start is an opportunity to show its ability to innovate.
- The company filed for Chapter 11 protection in early 2012, and has emerged for a new life in September 3, 2013.
- Kodak is no longer producing cameras, has discontinued several businesses, and has sold the licenses of 20,000 patents.
- The company - reorganized and lean - is now in the competitive business of commercial printing technology; innovative new products are also being developed.
- Valuation has a few tricky assumptions, and medium-term projections are subject to relevant risks; it is essential to analyze the situation throughout this year. For now, I'm on the sidelines.