Splitting Itself in Two, DuPont Has No New $Billions For Reinvestment.
Good Morning, Bonjour, Guten Tag,
Readers, you heard it for months from Fortress Wilmington under siege: Selling off chemicals will give Ms. Kullman and her bumbling TEAM extra cash, maybe as much as $8 to $10 billion to invest in DuPont AG & NUT "growth" areas. But it is not going to happen because apparently no buyers stepped forth to buy DuPont's broken-down chemical factories steeped in a legacy of environmental and litigation liabilities. See the headlines this weekend about the growing number of individual lawsuits from DuPont Management's secret pollution of drinking water supplies and the callous contamination of 100,000 women, men, and children in West VA and Ohio with DuPont's extraordinarily toxic, cancer-causing Teflon chemical, PFOA or C8. Who wants to buy an endless number of toxic Teflon chemical lawsuits, or tens of thousands of DuPont AG chemical Imprelis legal claims in court? $billions in litigation exposure? Acquiring fraud like Bilk of America Corp did with Countrywide?
Segregating chemicals in a separate entity run by the same tired inbred DuPont Management strips away 20% of DuPont's revenues and 29% of earnings. In short, no fat cash for investing in all that touted "growth". Looks like Ms. Kullman, DuPont Chieftess, is hoist on her own PR petard.
Dismembered, DuPont is even weaker, has less cash flow, more confused, less competitive.
Merely the morning commentary of one individual investor and long-time student of the disintegrating
Wow, the unethical trash in the DuPont Management camp are frantic to divert your attention from the disintegration of this once mighty and most respected chemical enterprise.
They repeat the outright LIE and LIBEL the undersigned was "fired" from DuPont. Absolutely false, of course. But it goes to show you what a creepy culture of unalloyed dishonesty infects this dirty Company and its sleazy DuPont Management supporters and surrogates. ...funfun..
Zig where is that comparison of SYT vs. MON seed products you were asked for many weeks ago? SYT investors are anxious to know how their seed products stack up against MON's. Which are better and why? Since you say you're a long time shareholder of both companies you should surely know the products of both companies well. Why are you constantly babbling about DD, a company you say is a laggard? Instead of focusing on superior-managed SYT competitors like MON. Are you trying to lull SYT shareholders into a sense of complacency about MON by not reporting about them here? Are you a MON agent? Inquiring SYT readers here want to know.
Tell us funfundvierzig, tell us!