Sahm Adrangi is an entrepreneur located in New York City. He holds a Bachelor of Art in Economics from the Yale University. From a lot of experience gained, he has been able to work with lots of companies by conducting investment analysis and research on credit fund and equity fund. At the moment, Sahm is the founder and Chief Investment Officer of Kerri Dale Capital. The contained skills he got has enabled him to evaluate the credibility of companies and even in the reformation and restructuring.
EASTMAN KODAK COMPANY
Eastman Kodak was founded by George Eastman and Henry Strong in 1888. It is a photographic filming company whose headquarters are in New York. Over the years, the company tries to improve on digital photography and digital printing as a mode to enhance the credibility of the company.
Just like any other company, analysts have different views on each company. Sahm Adrangi has his perspective on the growth value of Kodak Company which happens to be mostly negative. His main criticism includes the view that the company creation of KODAK Coin and KashMiner are acts of desperation. This is because the revenue segments of the company have over the years dropped with more than 10% resulting in poor visibility and poor execution on the managerial sector.
Secondly, the gross leverage of the company is staggering at a high rate of ten times the original state. Therefore, liquidity is far tighter than the face value of cash as the company as evident on balance sheet. According to Sahm Adrangi, the eventual result would be a total restructuring of the whole company.
Sahm Adrangi also sees the Kodak Company as a sham. This is because of technologies like Blockchain can interfere with many companies, yet Kodak company is not in any way prepared to curb disruptions or find effective permanent solutions to solve emerging issues. Since Kodak has registered blockchain to act as the solution, it does not prove clear ownership of the company. Streamlining the process of copyright enforcement and payment is under scrutiny. This, in the end, affects the photographers whose credit is improperly awarded due to the sham in the company present.