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  • Dow Chemical - Strong Upside Ahead  [View article]
    All that touted $3 billion in "Synergy" from stuffing two unwieldy conglomerates with abrasively differing cultures and values into the same box for a couple of years and then opening it up, and dividing up the contents into three portions will lead to, guess what?…DisSynergy:

    Triplication of CEOs, Vice Presidents, Administration, finance, legal, tax, dehumanized resources, research, marketing, PR, investor relations, Boards of Directors with fat fees, three sets of private luxury jets, undsoweiter.

    We believe the hyped savings of this clumsy conglomeration between unequals is largely phantom.

    Feb 6, 2016. 10:02 AM | Likes Like |Link to Comment
  • Dow Chemical - Strong Upside Ahead  [View article]
    Fellow Investors,

    What high-volume, high-profit new blockbuster product or breakthrough technology has come out of the run-down research and developmentally challenged DuPont Company in the past five years? In the last century, the 20th, great innovations came forth with dependable consistency.

    Incidentally, in the past five years, the bumbling bosses and pseudo scientists of DuPont produced the largest, most costly failed ag product and consumer scandal in 21st century corporate America:

    DuPont Imprelis, a falsely, if not fraudulently marketed "very environmentally friendly" dandelion herbicide for the lawn, which proved to be an extremely effectively serial killer of mature landscaping trees, hundreds of thousands across the country before being mercifully banned by the U. S. EPA. Cost to long-suffering DD shareholders: Over $1 billion.

    We believe the constructive acquisition of DuPont by the much larger Dow Chemical will degrade, not enhance Dow Chemical. Innovation will be stultified.

    Feb 6, 2016. 08:05 AM | Likes Like |Link to Comment
  • Dow Chemical - Strong Upside Ahead  [View article]
    In mid-December 2015, this touted "Merger of Equals" (which is more like a constructive takeover by twice-as-large Dow Chemical of the much shrunken and weakened DuPont) was being advertised by Messrs. Liveris and Breen, respective Chiefs of Dow and DuPont, and their PR handlers as "a $130 billion" combination.

    Flash forward to yesterday, Feb. 4, 2016. Dow's market cap was $54.9 billion; DuPont's, 51.8 billion. The total market value of the deal is now $106.7 billion, down$23.3 billion or a significant drop of 18%.

    The overall market slide aside, it would appear some investors may be having serious second thoughts about the prospects for this conglomeration.

    Feb 5, 2016. 07:17 AM | 1 Like Like |Link to Comment
  • Dow Chemical - Strong Upside Ahead  [View article]
    We believe strongly Dow Chemical on its own is running powerfully and profitably. But Dow is getting married this year to a bedraggled bride, half its size from the dwarf state of Delaware. In Q4, 2015, the dysfunctional DuPont reported a drop in sales in every one of its six sagging business segments. In this clumsy combination, DOW shareholders are shortchanged in this forced and fictional "rare Merger of Equals". DD shareholders are favoured.

    After the marriage ceremony, it is questionable whether or not DoDu, Inc. will be the global
    agricultural leader" much touted for PR purposes. Alone, for example Dow is fourth in ag chemicals/crop protection in the world; DuPont is a distant sixth. DoDu, Inc will still lag world-leader Syngenta, and likely, number two Bayer as well. Nor will Monsanto be dethroned from its supremacy in the innovation of GM seeds on the globe.

    Our take: The compounding of two America conglomerates with abrasively different values and clashing cultures carries huge risks for DOW shareholders.

    Feb 5, 2016. 06:58 AM | 2 Likes Like |Link to Comment
  • Bank Of America Crashes To $13: Now A Deep Value Play  [View article]
    On the other hand, we concur investors should not be misled by "mumbo jumbo", to wit:

    "[2014] BAC is a sure double by year-end!"

    "[2015] BAC is a sure double by year-end!"

    "[2016] BAC is a sure double by year-end!"

    Herr Funfundvierzig…funfun..
    Feb 4, 2016. 04:10 PM | 2 Likes Like |Link to Comment
  • Bank Of America Crashes To $13: Now A Deep Value Play  [View article]
    When Brian Moynihan took the helm as CEO of this perennially struggling financial institution on January 1, 2010, BAC opened the next trading day, January 4, 2010 at 15.24. Yesterday's close, Feb. 3, 2016 over six years later: 13.03.

    Under the superintending of the bumbling, mumbling Brian Moynihan and his tired, modestly talented team, long-suffering BAC shareholders have gotten a negative return, repeat negative return of 15%. In the meantime, prices of superior-managed financial corporations and banks soared with the overall bull market in global stock markets.

    Feb 4, 2016. 12:17 PM | 4 Likes Like |Link to Comment
  • Bank Of America Crashes To $13: Now A Deep Value Play  [View article]
    The author astutely puts "book" value in quotes.

    Just what is in the books of this intractably troubled mega-bank? What is the risk and value of those hundreds of $billions in arcane assets and complex derivatives that much of the senior leadership of this sprawling financial conglomerate may not comprehend?

    That said, we agree with Mr. Dion. A modest stake in BAC shares around 13 may be a good trade on the long side, as the stock appears vulnerable to a spark of favourable news.

    Feb 4, 2016. 09:37 AM | 8 Likes Like |Link to Comment
  • China approves Monsanto GMO soybean variety for import  [View news story]
    Your point is what? No intelligent and prudent investor can assess the prospects of a corporation without looking at the major competitors in the industry. …funfun..
    Feb 3, 2016. 07:12 PM | Likes Like |Link to Comment
  • Dow Chemical upgraded to Top Pick, LyondellBasell downgraded at RBC  [View news story]
    That appears to be a rather Pollyannaish projection for DOW shares, target of 60. We believe the decay and dysfunction in DuPont is so severe after two decades, the deterioration in this crumbling conglomerate in Delaware will degrade the greater Dow organisation and businesses after the expected conglomeration of the two companies later this year, 2016.

    Dow/DuPont could well end up as the PennCentral of the chemicals and materials industry.

    Feb 3, 2016. 05:21 PM | Likes Like |Link to Comment
  • China approves Monsanto GMO soybean variety for import  [View news story]
    Good news for MON shareholders.

    The clumsy conglomeration this year or 2017 of Dow AgroSciences with the plodding and lagging DuPont Pioneer and DuPont AG is not likely to knock Monsanto off its pedestal of being the supreme innovator in GM seeds around the globe. …funfun..
    Feb 3, 2016. 02:52 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: ChemChina Makes $43B Offer For Syngenta  [View article]
    OMG, sex can lead to the birth of future microcephalic CEOs…bad for business long-run. …funfun..
    Feb 3, 2016. 09:04 AM | Likes Like |Link to Comment
  • Dow Chemical beats by $0.23, beats on revenue  [View news story]
    The undersigned has been right on his detailed assessments on the misdirection and misfiring of DuPont Management for the past decade and a half. The trajectory for this now much shrunken and shrinking conglomerate based in Delaware has been decidedly down for years.

    These languishing shares, DD, have never regained their former peak of 84.44 set in May 1998, nearly 18 years ago.

    Feb 3, 2016. 07:09 AM | Likes Like |Link to Comment
  • Financials punished as markets drop, rates plunge  [View news story]
    Readers and Fellow Investors,

    The undersigned is a he, which we have disclosed numerous times. Herr Funfundvierzig. But prickly BAC fans who have lost big bucks on this dismal stock, along with the protectors and promoters of Bank of America Management think it's cute to play this puerile heckling game.

    Feb 2, 2016. 07:23 PM | Likes Like |Link to Comment
  • GM: What Will It Take To Rev Up This Stock's Engine?  [View article]
    The naked numbers simply don't tell the narrative, folks. Investors collectively around the globe don't have an abiding trust in and inspiration from the intractably corrupt and competency-deficient Management of this struggling motorcar-maker. …funfun..
    Feb 2, 2016. 07:17 PM | 1 Like Like |Link to Comment
  • Financials punished as markets drop, rates plunge  [View news story]
    Folks, we have to laugh at the frantic thumping and pumping for BAC shares. Bank of America is the most over-analysed, over-reviewed, over-followed, and over-touted financial enterprise in the country. If there is such great, undiscovered value lurking within, surely its shares should have rocketed skywards before today, Tuesday, Feb. 2, 2016.

    The collective judgement of investors and traders all over the planet is BAC is worth 13 and a few pennies today. Feverish bulls and fans of Bank of America Management are squirming and seething because all these investors and traders aren't immediately buying their Pollyannaish promises and projections. Amusing, indeed.

    Feb 2, 2016. 02:39 PM | 3 Likes Like |Link to Comment