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ConocoPhillips Message Board

funfundvierzig 266 posts  |  Last Activity: 6 hours ago Member since: Sep 6, 2002
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  • Massive Potential Legal Liability Ignored! Why?

    THE WEAK IN REVIEW

    Good Morning, Bonjour, Guten Tag,

    Readers, one of the most astounding items to tumble out of Shamours' first Conference Calls, Thursday, Aug. 6, 2015 was the bold admission of Mark Verguano, President of Shamours, that they have no reserves or accruals for a staggering 3,500 wrongful death and personal injury lawsuits pending in the U. S. District Court of Southern Ohio:

    "We believe that we have acted responsibly during every step of this process, and we will continue to defend ourselves vigorously over the coming years. We have not set a reserve for the personal injury lawsuits or the medical monitoring fund at this point. Although we regularly review the information available, we feel that our range of possible exposure cannot be estimated at this time."

    Amazing. Shamours/DuPont Management are flatly denying any accountability for the consequences of covertly polluting the drinking water supplies for 100,000 unsuspecting women, men and children in Ohio and West Virginia for more than two decades. The vile contaminant pouring from home taps: DuPont's extraordinarily toxic, cancer-causing Teflon chemical, C8 or PFOA.

    Mr. Verguano implies this insidiously toxic synthetic chemical is perfectly safe and has "no human health effects". A long history of medical science and research screams the exact opposite. With no reserves, Shamours truculent leaders are also implying they will win every case, and have no costs or settlement awards. Wow! Ellen in Blunderland thinking.

    Merely THE WEAK IN REVIEW penned by one individual investor and long-time student of the corrupt
    DuPont Company, and now Shamours...funfun..

  • funfundvierzig by funfundvierzig Aug 6, 2015 12:13 PM Flag

    So Much for the Bait & Switch 55 Cents Payable for This Quarter, Q3 2015

    Good Morning, Bonjour, Guten Tag,

    Investors, not at all unexpectedly, Shamours reported dismal Q2 results. That did not keep vivacious Mark Verguano, Shamours CEO, from comically claiming he and his DuPont leftover team in the 108-year old pigeon-stained DuPont Building in dreary downtown Wilmington, a couple of blocks where bullets fly day and night, are transforming this cash-stripped cast-off into "a higher value chemical company".

    Never mind the severe shrinkage in sales, EBITDA, profits, morale, market share, customers, and soon-to-be the dividend. We believe the quarterly dividend will be slashed by as much as 75% or possibly eliminated altogether.

    In quick summary, SHRINKAGE kills value. Mr. Verguano's hollow words on "higher value"sound to us to be downright batty. CC shares are not reflecting this PR-driven "higher value". CC has lost over half its value in six short weeks, diving from 22 to 9 yesterday.

    Merely the morning commentary and opinion of one individual investor at large...funfun..

  • So Much for the Bait & Switch 55 Cents Payable for This Quarter, Q3 2015

    Good Morning, Bonjour, Guten Tag,

    Investors, not at all unexpectedly, Shamours reported dismal Q2 results. That did not keep vivacious Mark Verguano, Shamours CEO, from claiming he and his DuPont leftover team in the 108-year old pigeon-stained DuPont Building in dreary downtown Wilmington, a couple of blocks where bullets fly day and night, are transforming this cash-stripped cast-off into "a higher value chemical company".

    Never mind the severe shrinkage in sales, EBITDA, morale, market share, customers, and soon-to-be the dividend. We believe the quarterly dividend will be slashed by as much as 75% or possibly eliminated altogether.

    In quick summary, SHRINKAGE kills value. Mr. Verguano's hollow words on "higher value"sound to us to be downright batty. CC shares are not reflecting this PR-driven "higher value". CC has lost over half its value in six short weeks, diving from 22 to 9.

    Merely the morning commentary and opinion of one individual investor at large...funfun..

  • DuPed Shamours & DuPont Shareholders Have Become Increasingly Agitated As Huge Share Losses Mount!

    Good Evening, Bonsoir, Guten Abend, Buona Sera,

    Investors, there is more than a whiff of mendacity in the air. More a powerful stench like a toxic chemical cloud overhanging Chestnut Ruin, DuPont's new Delaware World Headquarters of Sustainable Excellence and the old pigeon-stained DuPont Building downtown Wilmington, the new World Headquarters of Unsustainable Decadence of Shamours.

    Long-time students of DuPont will recall the DuPont BENLATE scandal, which cost DD shareholders over $2 billion. The dirty-dealing of DuPont Management involving a defective and harmful DuPont AG fungicide spawned a stockholders fraud class-action against the DuPont Company and its then CEO Edgar Woolard. The lawsuit was ultimately settled in favour of DD shareholders with a $77 million award.

    Will aggrieved DD & CC shareholders bring a similar action, contending DuPont Management made misleading statements or concealed...

    * The magnitude of potential litigation liabilities and cost to bring broken-down, severely cost-slashed plants into compliance with safety and environmental rules and regulations?

    * Remediation of numerous hazardous waste sites and toxic pollution?

    * The murky workings of DuPont's $4 billion DD stock buy-back from secretive "select" shareholders?

    * The erosion of market share and loss of customers?

    * The projected dividend stream of DuPont and Shamours?

    In our opinion, it's only a matter of time before the Management-damaged owners of the Non-Chemical DuPont and Shamours turn to the courts for redress. Stay tuned.

    Merely the evening commentary and perspective of one individual retail investor at large...funfun..

  • DuPed Shamours & DuPont Shareholders Have Become Increasingly Agitated As Huge Share Losses Mount!

    Good Evening, Bonsoir, Guten Abend, Buona Sera,

    Investors, there is more than a whiff of mendacity in the air. More a powerful stench like a toxic chemical cloud overhanging Chestnut Ruin, DuPont's new Delaware World Headquarters of Sustainable Excellence and the old pigeon-stained DuPont Building downtown Wilmington, the new World Headquarters of Unsustainable Decadence of Shamours.

    Long-time students of DuPont will recall the DuPont BENLATE scandal, which cost DD shareholders over $2 billion. The dirty-dealing of DuPont Management spawned a stockholders fraud class-action against the DuPont Company and its then CEO Edgar Woolard. The lawsuit was ultimately settled in favour of DD shareholders with a $77 million award.

    Will aggrieved DD & CC shareholders bring a similar action, contending DuPont Management made misleading statements or concealed...

    * The magnitude of potential litigation liabilities and cost to bring broken-down, severely cost-slashed plants into compliance with safety and environmental rules and regulations?

    * Remediation of numerous hazardous waste sites?

    * The murky workings of DuPont's $4 billion DD stock buy-back from secretive "select" shareholders?

    * The erosion of market share and loss of customers?

    * The projected dividend stream of DuPont and Shamours?

    In our opinion, it's only a matter of time before the Management-damaged owners of the Non-Chemical DuPont and Shamours turn to the courts for redress. Stay tuned.

    Merely the evening commentary and perspective of one individual retail investor at large...funfun..

  • Ms. Kullman's Disappearing DuPont Will Soon Be A Case Study at the Harvard Business School

    Good Morning, Bonjour, Guten Tag,

    Readers, it would be funny except for the misery caused for thousands of regular DuPont employees and investors losing their savings in the dwindling shares of this malmanaged conglomerate and its cash-crushed off-spring, Shamours. But we have no doubt in the not-too-distant future, the DuPont Company will be a full-fledged case study at the Harvard Business School. Future M.B.A. students will learn how the world's largest and most innovative chemical and materials complex in the 20th century was doomed by unalloyed bad Management in the 21st century, and soon disappeared altogether. Quite a monumental achievement of stupidity and arrogance on the part of just two bumbling über bosses sending the Company into an irreversible downward spiral:

    Chad O. Holliday, Jr, a lightly educated gladhander from Nashville, Tennessee and his apt and eager home-schooled student, Ellen J. Kullman.

    Merely, of course, the thoughts of one individual investor at large, and long-time student of DuPont in a defined decline...funfun..

  • funfundvierzig by funfundvierzig Aug 4, 2015 2:27 PM Flag

    Superior-Managed Monsanto Demonstrates Commitment To MON Shareholders With Cash Not PR Cant

    Good Evening, Bonsoir, Guten Abend,

    Readers, investors owning Monsanto shares are a bit happier and a bit richer today. Monsanto Directors and Monsanto leaders have put their words of dedication to their MON shareholders into action. Monsanto has hiked its quarterly dividend from $0.49 to $0.54 today, Aug. 4, 2015. That's a healthy 10.2% increase. In sharp, if not amusing contrast, the derelict Directors and bumbling bosses of the declining DuPont Company, Monsanto's chief rival, just chopped the DuPont dividend from $0.49 to $0.38, an eleven cents slash or down a whopping 22%.

    Since the end of fiscal 2010, superior-performing Monsanto has more than doubled its dividend to MON shareholders, raising the dividend six times.

    Big difference in world-leading Monsanto and world-lagging DuPont: One Management enriches its shareholders with real cash and growing dividends; the other rewards it shareholders with hollow PR hype (Call it Kullman Cant) and grabs the cash for booming executive compensation and for paying for their massive serial misfiring. DuPont Imprelis, Tell Us.

    Merely the perspective of one individual investor at large...funfun..

  • funfundvierzig by funfundvierzig Aug 4, 2015 12:47 PM Flag

    Superior-Managed Monsanto Demonstrates Commitment To MON Shareholders With Cash Not Cant from PR
    Hacks

    Good Afternoon, Bonsoir, Guten Abend, Buona Sera,

    Readers, investors owning Monsanto shares are bit happier and a bit richer today. Monsanto Directors and Monsanto leaders have put their words of dedication to their MON shareholders into action today. Monsanto has hiked its quarterly dividend from $0.49 to $0.54 today, Aug. 4, 2015. That's a healthy 10.2% increase. In sharp, if not amusing contrast, the Derelict Directors and bumbling bosses of the declining DuPont Company just chopped the DuPont dividend from $0.49 to $0.38, an eleven cents slash or down a whopping 22%.

    Since the end of fiscal 2010, superior-performing Monsanto has more than doubled its dividend to MON shareholders.

    Big difference in world-leading Monsanto and world-lagging DuPont: One Management enriches its shareholders with real cash and growing dividends; the other rewards it shareholders with hollow PR hype and grabs
    the cash for booming executive compensation and for paying for their massive misfiring. Imprelis, Tell Us.

    Merely the afternoon commentary of one individual investor and long-time student of the shareholder-hostle DuPont...funfun..

  • funfundvierzig funfundvierzig Aug 4, 2015 7:00 AM Flag

    Readers, the unrelenting CYBER-BULLYING and harassment and the use of look-alike I. D.s waged by the PR damage controllers protecting DuPont Management over the net is a dead giveaway this extensive litigation swamp swallowing DuPont and its debt-crushed spin-off Shamours is something investors must heed. Shills promoting DuPont Management and monitoring the internet will do anything unethical and sleazy to divert your attention and sabotage open and candid discussion amongst investors. Beware and be wary! funfundvierzig...funfun..

  • Motivation of Fearful Employees of Monsanto's Major Rival Evaporates

    Good Morning, Bonjour, Guten Tag,

    Readers, one of the factors glib Wall Street analysts never mention is the state of morale of this downward spirally conglomerate and its cash-stripped spin-off, Shamours. Years of severe cost-slashing and redundancies have taken their toll.

    While much fine talent remains at DuPont, the men and women toiling therein are fearful for their careers and the continuing erosion of benefits. They go through the motions and do not take risks to create and produce. Much of the Company's best talent has been bailing out for years, going to work for far more progressive competitors or lucrative consulting, or taking early retirement. DuPont conspicuously lacks a critical mass of scientific and research talent to innovate and commercialise cutting edge new technologies, in our estimation.

    In a continually shrinking organisation, opportunities for professional and financial advancement shrink. What opportunities which do exist go first to those enjoying the special preferences for gender and colour mandated by Management's merit-free DuPont Diversity Model. And how has that worked out for DD shareholders? Why, DuPont's own lacklustre leader with little business sense, Ms. Kullman, appears to be a product of this demoralising and divisive Diversity Model.

    In conclusion, the deep-down demoraliation of regular employees and middle-level Managers and researchers which has metastasised throughout this sick oranisation will sandbag invention and growth for the future for years to come. The outlook for the dwindling DuPont, not to mention debt-crushed Shamours, is undeniably dismal.

    Merely the opinion and morning commentary of one individual investor and long-time student of the degraded
    DuPont in decline...funfun..

  • Ms. Kullman's Disappearing DuPont Will Soon Be A Case Study at the Harvard Business School

    Good Morning, Bonjour, Guten Tag,

    Readers, it would be funny except for the misery caused for thousands of regular DuPont employees and investors losing their savings in the dwindling shares of this malmanaged conglomerate. But we have no doubt in the not-too-distant future, the DuPont Company will be a full-fledged case study at the Harvard Business School. Future M.B.A. students will learn how the world's largest and most innovative chemical and materials complex in the 20th century was doomed by unalloyed bad Management in the 21st century, and soon disappeared altogether. Quite a monumental achievement of stupidity and arrogance on the part of just two bumbling über bosses sending the Company into an irreversible downward spiral:

    Chad O. Holliday, Jr, a lightly educated gladhander from Nashville, Tennessee and his apt and eager home-schooled student, Ellen J. Kullman.

    Merely, of course, the thoughts of one individual investor at large, and long-time student of DuPont in a defined decline...funfun..

  • Ms. Kullman's Disappearing DuPont Will Soon Be A Case Study at the Harvard Business School

    Good Morning, Bonjour, Guten Tag,

    Readers, it would be funny except for the misery caused for thousands of regular DuPont employees and investors losing their saving in the dwindling shares of this malmanaged conglomerate. But we have no doubt in the not-too-distant future, the DuPont Company will be a full-fledged case study at the Harvard Business School. Future M.B.A. students will learn how the world's largest and most innovative chemical and materials complex in the 20th century was doomed by unalloyed bad Management in the 21st century, and soon disappeared altogether. Quite a monumental achievement of stupidity and arrogance on the part of just two bumbling über bosses sending the Company into an irreversible downward spiral:

    Chad O. Holliday, Jr, a lightly educated gladhander from Nashville, Tennessee and his apt and eager home-schooled student, Ellen J. Kullman.

    Merely, of course, the thoughts of one individual investor at large, and long-time student of DuPont in a defined decline...funfun..

  • Reply to

    When it's time!

    by lbi1000 Aug 3, 2015 4:11 PM
    funfundvierzig funfundvierzig Aug 3, 2015 4:45 PM Flag

    $8.00 a share could potentially prove extraordinarily expensive if Shamours ultimately succumbs to the crushing weight of toxic Teflon chemical litigation and the massive clean-up costs of a multitude of hazardous waste sites long swept under the rug. We won't even mention the ingrained culture of DuPont SHAM Safety and the cost of compliance to bring the severely cost-slashed and run-down plants of Shamours up to speed.

    We believe speculatively that one of the key forces driving DuPont's sneaky Management into dumping its chemical businesses was the spectre of huge legal and environmental liabilities.

    ...funfun..

  • funfundvierzig funfundvierzig Aug 3, 2015 1:58 PM Flag

    severe_violator,

    The Hawaiian litigation losses are simply a small prequel to the massive litigation ongoing in the U. S. District Court, Southern Ohio involving 3,500 wrongful death and personal injury cases generated by over two decades of polluting the drinking water supplies of 100,000 women, men, and children in West Virginia and Ohio with DuPont's vilely toxic, cancer-causing Teflon chemical C8, PFOA. ...funfun..

  • funfundvierzig funfundvierzig Jul 31, 2015 1:20 PM Flag

    The DuPont executive nursery continues to breed defective types, Kullman Klones, who offer absolutely no promise for the future. And they are the progeny or sired by the Über Bumbler of them all, Chad OMG Holliday, Jr.

    The du Pont Family collectively should be keenly embarrassed over the disgrace which has befallen their eponymous Company.

    ...funfun..

  • Motivation of Fearful Employees of Monsanto's Major Rival Evaporates

    Good Morning, Bonjour, Guten Tag,

    Readers, one of the factors glib Wall Street analysts never mention is the state of morale of this downward spirally conglomerate. Years of severe cost-slashing and redundancies have taken their toll.

    While much fine talent remains at DuPont, the men and women toiling therein are fearful for their careers and the continuing erosion of benefits. They go through the motions and do not take risks to create and produce. Much of the Company's best talent has been bailing out for years, going to work for far more progressive competitors or lucrative consulting, or taking early retirement. DuPont conspicuously lacks a critical mass of scientific and research talent to innovate and commercialise cutting edge new technologies, in our estimation.

    In a continually shrinking organisation, opportunities for professional and financial advancement shrink. What opportunities which do exist go first to those enjoying the special preferences for gender and colour mandated by Management's merit-free DuPont Diversity Model. And how has that worked out for DD shareholders? Why, DuPont's own lacklustre leader with little business sense, Ms. Kullman, appears to be a product of this demoralising and divisive Diversity Model.

    In conclusion, the deep-down demoraliation of regular employees and middle-level Managers and researchers which has metastasised throughout this sick oranisation will sandbag invention and growth for the future for years to come. The outlook for the dwindling DuPont is undeniably dismal.

    Merely the opinion and morning commentary of one individual investor and long-time student of the degraded DuPont in decline...funfun..

  • Motivation of Fearful Employees Evaporates

    Good Morning, Bonjour, Guten Tag,

    Readers, one of the factors glib Wall Street analysts never mention is the state of morale of this downward spirally conglomerate. Years of severe cost-slashing and redundancies have taken their toll.

    While much fine talent remains at DuPont, the men and women toiling therein are fearful for their careers and the continuing erosion of benefits. They go through the motions and do not take risks to create and produce. Much of the Company's best talent has been bailing out for years, going to work for far more progressive competitors or lucrative consulting, or taking early retirement. DuPont conspicuously lacks a critical mass of scientific and research talent to innovate and commercialise cutting edge new technologies, in our estimation.

    In a continually shrinking organisation, opportunities for professional and financial advancement shrink. What opportunities which do exist go first to those enjoying the special preferences for gender and colour mandated by Management's merit-free DuPont Diversity Model. And how has that worked out for DD shareholders? Why, DuPont's own lacklustre leader with little business sense, Ms. Kullman, appears to be a product of this demoralising and divisive Diversity Model.

    In conclusion, the deep-down demoraliation of regular employees and middle-level Managers and researchers which has metastasised throughout this sick oranisation will sandbag invention and growth for the future for years to come. The outlook for the dwindling DuPont is undeniably dismal.

    Merely the opinion and morning commentary of one individual investor and long-time student of the degraded DuPont in decline...funfun..

  • Reply to

    After 3 years of complaining

    by unposter76 Jul 30, 2015 7:09 AM
    funfundvierzig funfundvierzig Jul 30, 2015 7:35 AM Flag

    We just got a good laugh from this illiterate shilling for DuPont Management and yelling "STRONG BUY". All this perennial hostile heckler can accomplish over the internet is to rip off grade school insults. Such is the lower mental class with no education and no comprehension of the three-card monte his beloved DuPont bosses are playing.

    A good laugh, indeed...funfun..

  • The One the Timorous & Tied Down Analysts Around the Telephonic Table on the Earnings Conference Call Were Too Scared To Ask the Imperious Empress of Imprelis On July 28, 2015.

    Good Morning, Bonjour, Guten Tag, Buon Giorno,

    "Ms. Kullman, one more question, please, if you will.

    "Today and on several occasions earlier this year you have claimed, 'our ongoing transformation to a higher growth, higher value company' is in place.

    "But this morning, shares of Chemours hit another new low, single digits of 9.86, down from its June 19, 2015 price of 22.25. Similarly DD has plunged from its peak price this year of 76.59 to a low of 52.79 this morning. Investors seem to be having considerable difficulty in seeing this 'higher growth' and 'higher value', you confidently envision, as their shares are being dramatically devalued.

    "Would you care to comment…"

    …funfun..

  • The One the Timorous & Tied Down Analysts Around the Telephonic Table on the Earnings Conference Call Were Too Scared To Ask the Imperious Empress of Imprelis On July 28, 2015.

    Good Morning, Bonjour, Guten Tag, Buon Giorno,

    "Ms. Kullman, one more question, please, if you will.

    "Today and on several occasions earlier this year you have claimed, 'our ongoing transformation to a higher growth, higher value company' is in place.

    "But this morning, shares of Chemours hit another new low, single digits of 9.86, down from its June 19, 2015 price of 22.25. Similarly DD has plunged from its peak price this year of 76.59 to a low of 52.79 this morning. Investors seem to be having considerable difficulty in seeing this 'higher growth' and 'higher value', you confidently envision, as their shares are being dramatically devalued.

    "Would you care to comment…"

    …funfun..

COP
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