Shrewd Timing in Purging Her Portfolio of the Company She Runs
Good Afternoon, Bonjour, Guten Abend,
Folks, it is wise to see what the ultimate boss of any corporation or bank is doing with her or his own money. In the case of DuPont, DuPont Chieftess, Ellen J. Kullman, might not have much business sense in leading this crumbling conglomerate (Imprelis, Tell Us!), but her timing and that of her Company-paid investment advisors in dumping her latest slug of DD shares could not have been better. A few day ago, on Sept. 24, 2014, the ageing doyen of DuPont dumped some $6 million of DD @ 72. Nice trade, indeed.
For investors to ponder: Who would know better about the prospects for this shrinking, sinking, soon-to-be-non chemical corporation than the über boss who has dumped a total of $37 million in DD shares in the month of September alone?
Merely the afternoon commentary of one individual retail investor and long-time student of DuPont in decline...funfun..
Correct. Ms. Kullman dumped another 86K of DD shares on Sept. 24, 2014 with a value of $6.2 million. Maybe she and her Company-paid financial advisors believe the top is in at around 72..
Bottom-line, Ms. Kullman and her former boss and mentor, Chad O. Holliday, Jr. over 16 years larded themselves with fantastic personal fortunes in pay and perks, while shrinking and sinking this one-time great chemical enterprise with devastating results for regular DuPont employees and DD shareholders.
At DuPont, it's compensation for no competence.
So BioLargo own the revolutionary new filtre, and gets the big license fees? The profits?
Speaking of invention, in the past five years what ground-breaking, high profit new technologies or new blockbuster products have come out of the shrunken and demoralised R & D labs of DuPont? We cannot think of a single thing, other than a pesticide with the forgettable and customer-hostile name, RYNAXZYPYR, which defies spelling and pronunciation. ...funfun..
A Vote of No Confidence in Herself & Bumbling TEAM?
Good Morning, Bonjour, Guten Tag,
Folks, we always watch to see what corporate leaders do with their own money. No surprise that DuPont "leaders" have been consistent heavy sellers in the stock of the Company they run. But we were indeed surprised at the huge size of Ellen Kullman's latest exit from DD: Some 450,000 shs of DD for a whooping $31,000,000.00 on Sept. 18, 2014.
Her price? $70.05.
Looks like her high-priced Company-supplied financial advisers had this price in mind for dumping a huge part of her portfolio, namely $70 a share.
What does Ms. Kullman and her advisers know that the great unwashed do not?
We'll find out soon.
Merely the observations of one individual retail investor and long-time student of DuPont in decay and liquidation...funfun..
The lumbering, over-managed, mismanaged, and malmanaged DuPont conglomerate is continually out-classed and out-run by smaller, superior-managed outfits. GEVO is one such competitor, leaving the buffoonish bio-fools in Fortress Wilmington in the dust. ...funfun..
Wow, folks, you can see the corrupt culture of this sleazy conglomerate under siege in the dwarf State of Delaware by the outright lies and trash talk put out by militant supporters and surrogates of DuPont Management attacking investors daring to express independent thoughts.
Such a disgusting operation, we hope Nelson Peltz will liquidate and re-position the assets, to be directed by outside talent, genuine business talent not faked PR "talent".
The dissolution of the ethically deteriorated DuPont cannot come too soon.
We agree with tliuall.
DuPont CEO Ellen J. Kullman renown for her tree-killing DuPont Imprelis, and her teacher and predecessor, Chad O. Holliday, Jr, have escaped accountability by dominating the Derelict Directors of the DuPont Board, rubber-stamping every wish. Ms. Kullman and Holliday as CEO reported to themselves as "Chair" and Chairman respectively of the very Board assessing performance and dishing out a huge fortune in pay and perks. Corrupt corporate governance, detrimental to the interests of DD shareholders. ...funfun..
Oh, one more thing, PSYCHO, the ultimate apologist and advocate for DuPont Management doesn't tell you, folks: The DuPont Manager in this tragic hit and run was ON THE WRONG SIDE OF THE ROAD at the moment he mowed down Phillip Bishop, a 27-year old aspiring teacher. Like it not, we have observed over the years this disreputable Company is chock full of ethically crippled Managers and executives embracing a sick corporate culture of law-breaking and accountability dodging.
Folks, we don't care whether or not this obvious shill for DuPont Management or PR operative for damage control believes we have credibility or not. We are not writing for the resentfully under-educated, trash-talking stooges for this corrupt conglomerate.
Hopefully, the Peltz Plan will be forced through, and this vile enterprise in the dwarf State of Delaware butchered into manageable parts under new leadership.
PSYCHO, as a loyal shill for DuPont Management whose father was a member of DuPont Management, you parrot the insidiously evasive DuPont executive mindset: BLAME the victim and completely ignore the charge of criminal negligence in fleeing the scene and leaving the bicyclist dying on the roadside! What a sick corporate culture, indeed.
How Low is the Quality of DuPont's Unethical Management? How Far Do They Sink in Fortress Wilmington?
Good Morning, Bonjour, Guten Tag,
According to the local Wilmington, Delaware newspaper this morning, Sept. 17, 2014,
"A 44-year-old DuPont Co. manager was charged Tuesday with criminally negligent homicide and leaving the scene of the crash near his Hockessin home that killed a bicyclist last week."
The vile actions of this DuPont Manager destroyed the life of a young 27-year old man who was making a solid contribution to the community. But what is outrageous is this DuPont Manager true to his corporate culture of evasion and escaping any responsibility (think of tree-killing DuPont Imprelis and poisoning the drinking water of 100,000 people for two decades with extraordinarily toxic, cancer-causing DuPont Teflon chemical, C8) sped away in his fancy Audi, leaving a dying body on the side of the road.
Hopefully, activist investor Nelson Peltz, will ultimately come in and clean up the unprincipled trash, and replace it with genuine business talent, not faked PR "talent" or Diversity-mandated quota selections.
The stock surged on healthy volume Friday, Sept. 12, 2014 to a new intra-day 52-week high of 15.48. But that price remains well below book value of 18.24. There is much room for further upside.
he Sunday Size-Up. BASF reigns as the Über Chemical Enterprise on the Globe
Good Morning, Bonjour, Guten Tag, Buon Giorno,
Fellow Investors, BASF's robust growth and incline to the number one position on the globe in chemicals is as remarkable as the deterioration and decline of the DuPont Company. E. I. du Pont de Nemours and Company was the most powerful and prestigious and largest chemical enterprise in the world for practically all of the 20th century. Then, under the weight of an outstandingly mediocre and misfiring Management, DuPont sank quickly to number 10 by the year 2008 amongst global chemical corporations in revenues.
While the executive leaders of DuPont proclaim they cannot make decent money in running chemical and material operations, dumping one product line and business segment after another, BASF's superior management has focussed intensely on chemicals, basic, intermediate, and specialty, and serving its growing ranks of customers. BASF's results are impressive.
In the meantime, DuPont's "Chair" & CEO, Ellen J. Kullman has literally bet the farm on the farm, concentrating on the agricultural arena. But even here, DuPont is a noticeable laggard, chasing futilely after Monsanto in the biotechnology and production of seeds, and running way behind Syngenta and BASF, as well as Dow Chemical in sales of crop protection/ag chemicals.
With a nod to Lee Iacocco,
"If you can find a better chemical company, buy it!"
Merely the perspective of one individual retail investor, long DOW, MON, SYT, and EMN, short DD, and antici
pating taking a position in BASFY in the near future…funfun..
Donkey, such is the arrogantly stupid and stupidly arrogant DuPont Management led by the Diversity-mandated Ms. Kullman! ...funfun..
Frankly and personally, we would prefer a position with a vigorously growing chemical enterprise such as Eastman Chemical or BASF, where the leaders have their heads screwed on tightly and consistently deliver for customers and shareholders, and importantly for employees.
Thank you for asking. ...funfun..
As you can see below, folks, the unethical trash in the GM Management camp cannot tolerate a differing viewpoint, even mild humour. Goes to show you how corrupt this disreputable car-maker really is, with tonnes to hide, when all they can do is launch systematic personal attacks to sabotage open discussion and cyber-bully independently-speaking commentators. What a sick operation, indeed.
GM's accountability-dodging bosses and their PR con artists are staging a major PR event to divert attention to their futuristic self-driven cars away from their deadly-driven cars. Call it counterfeiting SAFETY.
But really now, do we want our kid in the new family car roaring down the street, yelling,
"Look Ma, No Hands!!"
NAME THEFT and continuing harassment by the unethical trash in the DuPont Management camp, folks. They sure do fester in their inferiority in Fortress Wilmington in the face of the growth and performances of superior-managed Monsanto, Syngenta, BASF, Novozyme, and Dow Chemical, don't they?
Folks, this abusive heckler is apparently referring to a look-alike I.D. fabricated by PR operatives and vindictive supporters and surrogates of DuPont Management to harass the undersigned because we dared to question the quality and performance of DuPont leadership over the years.
For the record, we have never been "fired" from DuPont, much less "fired" as a Chemical Engineer, certainly a prestigious profession formerly respected by DuPont Senior Management before the chemical-hating purge of the chemicals and related materials businesses from the shrinking DuPont.
Folks, after writing the description of the not-so-smart heckler above, we realise we may have inadvertently given offence to a member of lower or middle or even upper Management of DuPont, active or erstwhile. But occasionally we toss back one of the hundreds of nasty grenades hurled our way by the sleazy camp followers of DuPont Management!