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  • DuPont sinks to 52-week low after Chemours spinoff, negative reaction [View news story]
    Phil, it's the grand tradition of accountability-evasion at work in Fortress Wilmington. For more than two decades it has been the custom of DuPont's bumbling bosses to ditch what they cannot manage, what they spoil and let rot. So they dump businesses that new owners and much smarter executives turn right around and put on a path of profitability and growth. Dumped by DuPont's marginal Management:

    * Medical Instruments.

    * Conoco, Inc and a wealth of oil and gas resources.

    * Fibres, fabrics.

    * Pharmaceuticals.

    * Auto paints and finishes.

    * And as of July 1, 2015, TIO2 and other chemical operations.

    What's next? DuPont AG and the hum-drum seed business? DuPont Corn Cob Gasoline and other Mickey Mouse bio-stuff? The ghost of Danisco and enzymes and food additives?

    Stay tooned to this cartoon strip written now in DuPont's new comically called World Headquarters of Sustainable Excellence in Chestnut Run, Delaware.

    …funfun..
    Jul 4, 2015. 10:44 AM | Likes Like |Link to Comment
  • DuPont leads Dow losers after dim assessment of Chemours spinoff [View news story]
    A lubricious DuPont Management from the get-go crushed Shamours with high debt, looting it (albeit with the presumption of legality) of $4 billion in vital cash via a dividend from Shamours to the DuPont Company.

    What to do with the $4 billion in cash? Why manipulate the share price of DD with DD stock buy-backs. Does any investor of CC or DD see real permanent value created here from this exercise of artificial financial engineering? Is this what Ms. Kullman and her PR tricksters mean in their proclamation of transforming to "Higher Value"?

    …funfun..
    Jul 4, 2015. 10:29 AM | Likes Like |Link to Comment
  • DuPont leads Dow losers after dim assessment of Chemours spinoff [View news story]
    The intractably troubled DuPont conglomerate has now been butchered into two parts, Shamours and the Non-Chemical DuPont, but nothing has really changed much. CC and DD shareholders are still stuck with the same inept and inbred DuPont Management, which has pummeled the once greatest chemicals and materials complex on the globe into a dramatic decline. And they are stuck with the same bunch of half-century old commodity products, and an increasingly dried-up shallow pool of research and scientific talent, demoralised and without imagination.

    The engine of innovation in Delaware and Iowa has long been sputtering. Imprelis, Tell Us! Can you think of a single new, high-volume, high profit blockbuster product or breakthrough technology developed and introduced by the Kullman TEAM in the past five years?

    …funfun..
    Jul 3, 2015. 03:16 PM | Likes Like |Link to Comment
  • DuPont sinks to 52-week low after Chemours spinoff, negative reaction [View news story]
    What is truly remarkable is all this devastation, the dramatic decline of DuPont has been accomplished under the Reign of Error of only two, repeat two CEOs aided and abetted by DuPont's Derelict Directors:

    * Chad O. Holliday, Jr, the stumbling, fumbling, bumbling, modestly educated glad-hander from Nashville, Tennessee, and his pet pupil and protege,

    * Ellen J. Kullman

    Each assembled a TEAM of "yes" men and "yes" women of outstanding mediocrity.

    And the result is business history.

    …funfun..
    Jul 3, 2015. 09:43 AM | 2 Likes Like |Link to Comment
  • Shale Revolution Accelerates Chemicals Industry [View article]
    "U.S. companies spending big to ramp up production include Du Pont…"?

    As of July 1, 2015, the dismantled DuPont is the Non-Chemical DuPont. Once the largest, most powerful and respected chemicals and materials enterprise on the planet for practically all of the 20th century, the degraded DuPont Company has shrunken into insignificance.

    Dow Chemical is the leading chemical company in the United States, second in the world only to Germany-based BASF.

    …funfun..
    Jul 3, 2015. 07:43 AM | 2 Likes Like |Link to Comment
  • DuPont sinks to 52-week low after Chemours spinoff, negative reaction [View news story]
    Double Dreary, DD, smashing to a new 52-week low is the not unexpected consequence of a contemptuous Ellen J. Kullman, DuPont Chieftess, kicking Nelson Peltz to the curb. With the defeat of Peltz and his Trian Fund fueled by gobs of DD shareholder money, the opportunity for critical reform and fresh business talent at DuPont vanished. Commercial reality set in this week, as investors realise heavily debt-burdened Chemours, or Shamours, is little more than a dumping ground for DuPont's fading commodity products and massive quantities of hazardous waste and $billions in potential litigation liabilities.

    The detritus that remains, the Non-Chemical DuPont hardly leads in any arena. Intensely-focussed Monsanto far surpasses the lumbering DuPont in the innovation and production of seeds; Syngenta and four other producers out-strip DuPont in ag chemicals/crop protection. In nutrition, superior-performing Novozymes is out-racing Danisco, which has disappeared, been fully subsumed into the suppressive DuPont bureaucracy. Talk about DuPont Corn Cob Gasoline (bad mileage ethanol manufactured at great cost from corn stover stripped from farmers' fields)…a commercial joke.

    No wonder the shares of CC and DD took a cliff dive this trading week just ended. And yet, Ms. Kullman took to the stage this week, bragging about transforming to "Higher Growth" and "Higher Value". How Orwellian.

    …funfun..
    Jul 2, 2015. 09:31 PM | 4 Likes Like |Link to Comment
  • Chemours poised to begin trading [View news story]
    DOLLAR$-&-SENSE,

    We believe both corporations, Shamours and the Non-Chemical DuPont will continue to flounder as long as the same inept and inbred DuPont Management is locked in the top executive suites and the same direction-less Directors are cemented in the Boardrooms. Derivatively, we believe the shares, CC and DD, will drift downward, near, immediate, and long-term.

    The business models for this DuPont-managed duo is largely a function of PR glitter and not business-sense-grounded strategy and vision. Slogans substitute for sales; political games trump profits, and "Innovation" fiction fills in for genuine new blockbuster products and high-profit breakthrough technologies. Imprelis, Tell Us!

    Merely our opinion as an individual investor at large…funfun..
    Jul 2, 2015. 12:45 PM | Likes Like |Link to Comment
  • Chemours poised to begin trading [View news story]
    Xu1620,

    Best of luck to you on what we believe is a leaking and sinking ship, heavily debt laden, burdened with fading commodity products, and facing staggering potential litigation costs and environmental remediation liabilities.

    How much respect has DuPont Management shown you as a Chemours employee in looting the bonuses of Chemours employees and Managers, and freezing their wages? We won't even mention the shoving out the door of hundreds of Chemours workers, many of them the most experienced of all.

    For the edification of investors here, can you tell us why we should invest in this cash-stripped spin-off or keep the CC shares?

    …funfun..
    Jul 1, 2015. 06:17 PM | 3 Likes Like |Link to Comment
  • Chemours poised to begin trading [View news story]
    Yes, this morning, July 1, 2015, the cash-stripped, junk bond-financed chemical spin-off, Chemours or Shamours, begins its problematic existence. DuPont executives brag Chemours will deliver a promised $100 million quarterly shareholder dividend beginning this fall. Wall Street analysts claim troubles lie ahead.

    “Chemours doesn’t generate enough cash flow to pay the level of dividend that DuPont has set,” said John Roberts, an analyst with UBS Global Research. “The dividend is just not sustainable.” DelawareOnline, June 26, 2015.

    Frankly and personally, we do not believe heavily debt-laden Shamours is sustainable, and to pitch it as a "strong independent company" as DuPont leaders and their PR tricksters are doing, is deceitful, if not fraudulent. No doubt, DuPont's Management is about to have its sleight of hand exposed, namely dumping staggering $billions in environmental remediation costs and potential litigation liabilities off the books of DuPont on to Shamours. And Shamours is about to be looted (albeit legally) of $4 billion in cash by DuPont Management as a dividend from Shamours to DuPont so the big bosses in Fortress Wilmington can manipulate the market price of DD shares by DD stock buybacks.

    Shamours is a big Red Flag waving wildly not only for investors, but customers looking for a long-term stable supplier.

    Merely the perspective by one individual investor at large and long-time student of the ethically crippled DuPont Company in decline...funfun
    Jul 1, 2015. 07:24 AM | 7 Likes Like |Link to Comment
  • GM directors shielded from ignition-switch cases [View news story]
    The dwarf state of Delaware is a notorious safe haven for CEOs and Directors. Delaware's case law and statutory laws coddle corporate bosses and Directors at the expense of corporate owners, shareholders. …funfun..
    Jun 30, 2015. 03:49 PM | 1 Like Like |Link to Comment
  • Judge throws out shareholder lawsuit over recall [View news story]
    The slippery political games and successful panhandling of $50 billion out of the pockets of hard-pressed American taxpayers to keep a long malmanaged and mismanaged General Motors breathing did not keep the entire car industry in America alive.

    Obviously as a promoter and protector of GM Management you are not only forgetting the millions of cars and trucks produced by superior-managed Ford, but the millions of cars manufactured largely within the United States by Daimler-Benz, BMW, VW, and Toyota.

    …funfun..
    Jun 30, 2015. 12:19 PM | Likes Like |Link to Comment
  • DuPont leads Dow losers after dim assessment of Chemours spinoff [View news story]
    phil,

    With comical irony, Ms. Kullman indeed and in fact is really ringing the bell on the ultimate closing of the long-mismanaged and dismantled DuPont Company!

    Always evasive of accountability, a grim-looking Ms. Kulllman in her CNBC interview yesterday afternoon, June 29, 2015, sprinkled with multiple "you-knows", blamed the global economy, which she protests, "keeps throwing things at us." And global unrest is impliedly causing her pointed sub-performance.

    …funfun..
    Jun 30, 2015. 08:43 AM | 1 Like Like |Link to Comment
  • Judge throws out shareholder lawsuit over recall [View news story]
    The dwarf state of Delaware is notorious in having statutory and case law hostile to corporate shareholders, and coddling CEOs and Directors.

    In the meantime, the dreary shares of this long malmanaged car-maker sell for less than their opening price of $35.00 at the time of the IPO, November 18, 2010, nearly five years ago. Never mind the soaring stock market in the interim!

    …funfun..
    Jun 30, 2015. 08:08 AM | Likes Like |Link to Comment
  • GM rolling along with Bolt development [View news story]
    GM marketing strategy:

    "A Bolt for Every Nut".

    …funfun..
    Jun 25, 2015. 07:43 AM | 1 Like Like |Link to Comment
  • Dow Chemical: An Old Dog Learning New Tricks [View article]
    It is hard to believe for most of the last century, Dow Chemical was the little sister in the United States to the prestigious E. I. du Pont de Nemours and Company. Flash forward to 2015: Dow is the largest chemical and materials enterprise in the U.S., and second in the world only to BASF. Dow is now twice the size by a number of financial metrics to the broken down and broken apart DuPont Company.

    Proud DOW shareholder…funfun..
    Jun 24, 2015. 05:00 PM | 1 Like Like |Link to Comment
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