They lost a contract , not a big one but a contract is a contract.....Managment needs to be more carefull about the TOLL MANUFACTURING agreements in the future, i am sure that there were some clauses that would protect the damages incured due to the early cancelation of the contract again the legal aspect of the bussiness is as important as the process design...anyway ..they need to broden their product mix and expand the chemical research and engineering dept and MAKE COMPOUND THAT WHOLE WORLD TAKES. cant say more than that.....
EPA will have no choice but to support the sector . Global warming is real and it is here .
Emissions are the real" WEAPONS OF MASS DESTRUCTION GLOBALLY."
In china in some cities visibility is less than 500ft.you cant see the sky, things are getting better in usa it is because of these renewables, otherwise we cant see the blue sky either.
EPA is for innovation and protection of environment therefore i wouldnt worry about its support to the sector.
The chemical division has to get its act together.......
Yes earnings and revunues look good but the isssiue that i see is with the chemicals division.
It can easily be fixed and can make this company flourish beyond any expectations if the chemicals division diversify into other products( cant say it here but i think i know what group of chemicals that they can make on an on going contract basis that can be sold nationally as well as internationally) requires good chemical Know how and good size batch plant with good production scale lab. existing impaired equipment can be used , the only thing that must be bought is the Batch Reactor and a Stripping column .
Moreover since they have a water treatment plan at the site, it can be used to treat the effluent of the other companies, mercury and other heavy metal containig wastewater can be treated easily.
I wish i had seen the plant to know what they have and what can be made over there.
I DONT SEE ANY PROBLEM WITH THE COMPANY,BUT THE RESEARCHERS AND ENGINEERS SHOULD BE MORE INNOVATIVE AND GO AFTER THE NEW CONTRACTS WITH NEW PRODUCTS.
This doesnt make sense to me, if the old shares have nostalgic value of $1.25 than whole thing is screwed upThere must be a reasonable equlibrium price in between..
Something doesnt add up here..and olso somekind of rush to issiue is olso a concern, .....
Yes it will be a good thing to raise new capital but why to hurry ?unless the managment thought that the stock price has peaked.
Market cap will go up, that would make a takeover uneconomical.......
But in few months they need to raise cash......i cant see the reason to rush to offer more stock, they could have waited a year and sell the shares at 5$or 6$...unless something is happening that we dont know...
Of stock selection and recommendation? No they dont cater to short sellers...., and they dont work for money to promote stocks..... but it has been for months that their rating system was showing NQ as 98 out of 99 ..No 5 most outstanding stock NQ turned out to be the worst in the history of the Markets...down 60%within 2hours...the steepness and rapidness of the fall tells me that some people already knew the MW report ahead of time, and they all rushed to the exit a day before by placing stop orders,but the small investors who lacks the information got destroyed, i lost thousands of dollar but learned a great lesson .
NONOO NO , they dont.
NO PLAN CAN WORK.
make a comment on those labour activity but when Alu decides to fire 900 unmanaged,non productive expensive emplyees in order to sustain its existence, FRENCH GOVERNMENT STOPS ALL IT`S FUDICIARY DUTIES,DAILY ACTIVITIES AND JUST LIKE GOSSIPING WOMEN IN A HOT HAMAM IN A FRUSTRATED MANNER THEY ATTACK ALU~S DESICION...
INSTEAD OF SAYING VIVA FRANCE ,VIVA ALU, and support the decision they act as if Alu`s existence is irrelevant.THIS IS NO PRO LABOUR NOR PRO UNION , THEY ARE ONLY EXCUSE TO CAMUFLAGE THEIR TRUE WORRY.
I WONDER IF THE TRUE WORRY IS A BOUT THE SHUT OFF OF THE MONEY VALVE TO SOME SPECIAL INTEREST GROUPS
If he wants to down shift " THE SHIFT "plan than he must pay some or all the cost of the planned lay-off in france. Till now the shareholders suffered to pay the exhourbanant amount of money to mis managed and un-productive work force,it is time to either share the responsibility of the cost or let the company survive and strive than make your demands and threats.Sucess of ALU is good for the france but the failer of it would be quite painfull for the labour, customers, all the other stake holders, what is so difficult to see that.
Excellent decision. It is never easy to fire employees but hard times calls for hard decisions and this is one of those hardest thing that a leader must do .
I remember when I was 35yrs old I had to fire 850 employees and that same night at home I cried like a child , but to day I feel sorry about those lonely tear drops that I shad.