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Olin Corp. Message Board

  • twolanesgoingslow twolanesgoingslow Nov 21, 2013 7:38 AM Flag

    Still here...

    I want to thank everyone for commenting on my topic a month or so ago. It was nice to see others feeling my frustration, but better yet starting a discussion on Olin. After reading the transcript of the conference call, I walked away with the feeling that Olin management will not make big bold moves. They bought KA Steel to distribute more Olin product, and it really hasn't happened. Why? Winchester will continue steadily, but not more than that. The price of the chemicals is tied to the ups and downs of the general economy. Unless some bold move occurs, OLN is going to trudge along adding 10-15% in share price per year, and adding a 3 to 3.5% dividend kicker. I suppose you need a portfolio "anchor"', and OLN fills that bill.

 
OLN
25.09-0.42(-1.65%)Oct 22 4:02 PMEDT

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