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  • funfundvierzig funfundvierzig Aug 8, 2013 9:29 AM Flag

    Amputation Sends DD Soaring To 60

    Dismembering DuPont Propels DD Shares Skyward

    Good Morning, Bonjour, Guten Tag,

    Readers, take the largest, most powerful chemical enterprise in the world for a century, and mismanage it so flagrantly that is plummets to number 10 amongst global chemical concerns by 2008, number 9 currently. That takes hard work and laser-like focus on appallingly stupid strategies. But DuPont's "leaders" and their under-bosses achieved that result in only 15 years.

    Flash forward to July 2013. A super-savvy investor announces he has taken a big stake in Double Dreary. Voila! The stock gains 10 points to its highest level in 13 years. Why is DD priced @ 60? Certainly...

    * Not because DuPont Senior Management is suddenly delivering a superb performance,

    * Nor the introduction of a high-profit innovation or blockbusting new product,

    * Nor the dividend is hiked by 25%.

    None of the above. DD is soaring because it is very likely to be chopped up, and its parts monetised for value. Way to go, Ms. Kullman. You have rammed the DuPont Company into a disappearing act after 211 years. E. I. du Pont must be proverbially rolling in his grave.

    Merely the morning observations of one individual investor and long-time student of the deteriorating,
    debilitated DuPont...funfun.

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    • Don't cry FF. DuPont will still be there LONG after you and your alias ilk are dust. Kullman is only amputating the cyclical and low growth businesses in the company. They'll be replaced by investments in higher growth-potential businesses. That Shrinkage-strategy you're always complaining about on the DD board is working well. DD's shedding or shrinking away their cyclical and no growth businesses like they've been saying for years. And let's not forget shrinking away unions either. When it's all done DD will be a pure Ag/bio/materials company. Gee, does that mean they won't be competing with MMM anymore? So, you won't have a feeble excuse to come here to the 3M board to post your irrelevant anti-DD tripe? 3M posters will at least be free to discuss real 3M issues here! Is that what really worries you? You'll lose another "audience" for your anti-DD rants?

179.77+0.70(+0.39%)Aug 23 4:01 PMEDT