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funfundvierzig 251 posts  |  Last Activity: 3 hours ago Member since: Sep 6, 2002
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  • Reply to

    buy on weakness

    by savesomeenergy 14 hours ago
    funfundvierzig funfundvierzig 3 hours ago Flag

    Nelson Peltz and his research wonks at Trian must surely know a lot more about this decaying and secretive conglomerate today, August 2015, than they did two years ago, August 2013. If Mr. Petlz, likely drenched in red ink on his pig-in-a poke investment in DuPont and Shamours, decides to bail out of all or part of his position, the announcement will shake things up. Look for the cliff-dive to deepen, down, d o w n, Down, DOWN, D O W N..

    The business-senseless DuPont Chieftess, Ellen J. Kullman and her obedient home-schooled student Shamours President and CEO, Mark Verguano, and their tired marginal TEAM of equally business-senseless under-bosses, seem to have nothing going on to spark a serious reversal of DD and CC shares. Not even $4 billion in cash looted from Shamours to manipulate DD share price via buybacks is likely to make a sustainable difference.

    ...funfun..

  • funfundvierzig funfundvierzig 23 hours ago Flag

    Ah...yes...remember not too many months ago, all that bombast from the buffoonish bosses of DuPont about major DuPont capex for TIO2? This French-style bureaucracy is always behind the times in their isolation, holed up on the other side of the thick walls of Fortress Wilmington in the dwarf state of Delaware.

    ...funfun..

  • Reply to

    Issues at DuPont LaPorte Again!

    by severe_violator Aug 26, 2015 11:22 AM
    funfundvierzig funfundvierzig Aug 26, 2015 11:46 AM Flag

    Readers, if a couple of members of the criminal class had donned hoodies and invaded a local convenience store and gas station at gun-point for robbery, and shot and killed four employees, they would have been arrested and likely sent to the slammer for decades, if not put on death row in Texas. Convicted criminals.

    If DuPont Managers and executives run a dangerous deathtrap factory, and knowingly ignore lethal dangers screaming for remediation, they get off scot-free with a few paltry fines paid by the Company. And DuPont Management whines they are "disappointed" and challenge the fines??

    How are these consummately arrogant and abusive DuPont Managers and executives different from the murderers at the convenience store? Oh, DuPont bosses pay themselves fat bonuses on all the profits they make by deferring critical maintenance and running a SHAM Safety racket to save money.

    In our opinion, they should be investigated for possible criminal negligence!

    funfundvierzig...funfun..

  • In Less than Two Months! Total Market Cap Is a Puny $1.5 Billion

    Good Evening, Bonsoir, Guten Abend,

    Readers, we believe the hapless owners of Shamours should be royally ticked off at the leftover DuPont Management running the place. Shamours' doubly titular Mark Verguano, President & CEO, was home-schooled by DuPont's bumbling über boss, Ellen J. Kullman, who in turn was home-schooled by her bumbling ex-über DuPont boss, Chad OMG Holliday, Jr.

    But perhaps CC shareholders should be even more ticked off at the consummate corporate raider, Ms. Kullman. After all its was Ms. Kullman and her sneaky team in Fortress Wilmington who raided Shamours even before its dubious debut on July 1, 2015. They larded Shamours with crushing debt and massive litigation and environmental liabilities, and the icing on the bitter cake...stripping Shamours of $4 billion in cash to manipulate DD share price via buybacks of DD shares from secretive "selective departing shareholders."

    Frankly and personally we would not be surprised to see down the road a stockholders class action for fraud, given the brazen misrepresentations about Shamours being "a strong independent company" and the deceitful downplaying of its massive liabilities, current and potential.

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

  • In Less than Two Months! Total Market Cap Is a Puny $1.5 Billion

    Good Evening, Bonsoir, Guten Abend,

    Readers, we believe the hapless owners of Shamours should be royally ticked off at the leftover DuPont Management running the place. Shamours' doubly titular Mark Verguano, President & CEO, was home-schooled by DuPont's bumbling über boss, Ellen J. Kullman, who in turn was home-schooled by her bumbling ex-über DuPont boss, Chad OMG Holliday, Jr.

    But perhaps CC shareholders should be even more ticked off at the consummate corporate raider, Ms. Kullman. After all its was Ms. Kullman and her sneaky team in Fortress Wilmington who raided Shamours even before its dubious debut on July 1, 2015. They larded Shamours with crushing debt and massive litigation and environmental liabilities, and the icing on the bitter cake...stripping Shamours of $4 billion in cash to manipulate DD share price via buybacks of DD shares from secretive "selective departing shareholders."

    Frankly and personally we would not be surprised to see down the road a stockholders class action for fraud, given the brazen misrepresentations about Shamours being "a strong independent company" and the downplaying of its massive liabilities, current and potential.

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

  • funfundvierzig funfundvierzig Aug 24, 2015 8:28 AM Flag

    Oh, one more point:

    Ms. Kullman's corporate raiding doesn't stop with Shamours. Recall how she engineered a $50 million platinum parachute from her submissive derelict Directors on the DuPont Board she whips and dominates as "Chair". If stripping $50 million out of the diminished DuPont she notoriously has mismanaged for years isn't raiding, we don't know what is! What remarkable hostility to DD shareholders.

    ...funfun..

  • Ms. Kullman Fits the Raider Label With Which She Slammed Nelson Peltz

    Good Morning, Bonjour, Guten Tag,

    Investors, in her prolonged smear campaign DuPont Chieftess Ellen Kullman and her nasty team including admitted DuPont employee/agents planted on the net accused Nelson Peltz of being an outside raider out for a quick buck. But the commercial reality is it is Ms. Kullman who has done the raiding:

    With the ample help of her CFO Nicholas FeignandFakeUs, Ms. Kullman raided Chemours, or is it Shamours? before it even set forth as an independent corporation on July 1, 2015.. DuPont Management financed Shamours with junk bonds, crushing debt, and stripped out $4 billion of cash. How to use the cash? Manipulate the price of DD shares with buybacks from "selective departing shareholders".

    Nelson Peltz certainly cannot be happy with the whopping loss in value of his DD position, can he? The shares have taken a five-month cliff-dive, from 77 to 52, losing a whopping third of value, with more losses set for this morning, Aug. 24, 2015.

    Query, will DuPont's Chief Engineer, Ms. Kullman, engineer a buyback of all or some of Mr. Peltz's DD shares? This truculently hostile Empress of Imprelis would love to get rid of Mr. Peltz and lower the scrutiny of her sick, six-year long sub-performance. Stay tuned.

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

  • funfundvierzig funfundvierzig Aug 24, 2015 7:22 AM Flag

    Oh, one more point:

    Ms. Kullman's corporate raiding doesn't stop with Shamours. Recall how she engineered a $50 million platinum parachute from her submissive derelict Directors on the DuPont Board she whips and dominates as "Chair". If stripping $50 million out of the diminished DuPont she notoriously has mismanaged for years isn't raiding, we don't know what is! What remarkable hostility to DD shareholders.

    ...funfun..

  • Ms. Kullman Fits the Raider Label With Which She Slammed Nelson Peltz

    Good Morning, Bonjour, Guten Tag,

    Investors, in her prolonged smear campaign DuPont Chieftess Ellen Kullman and her nasty team including admitted employee/agents planted on the net accused Nelson Peltz of being an outside raider out for a quick buck. But the commercial reality is it is Ms. Kullman who has done the raiding:

    With the ample help of her CFO Nicholas FeignandFakeUs, Ms. Kullman raided Chemours, or is it Shamours? before it even set forth as an independent corporation on July 1, 2015.. DuPont Management financed Shamours with junk bonds, crushing debt, and stripped out $4 billion of cash. How to use the cash? Manipulate the price of DD shares with buybacks from "selective departing shareholders".

    Nelson Peltz certainly cannot be happy with the whopping loss in value of his DD position, can he? The shares have taken a five-month cliff-dive, losing a whopping third of value from 77 to 52, with more losses set for this morning, Aug. 24, 2015.

    Query, will DuPont's Chief Engineer, Ms. Kullman, engineer a buyback of all or some of Mr. Peltz's DD shares? This truculently bitter Empress of Imprelis would love to get rid of Mr. Peltz and lower the scrutiny of her sick, six-year long performance. Stay tuned.

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

  • funfundvierzig funfundvierzig Aug 23, 2015 12:21 PM Flag

    CENSORED! Readers, our earlier remarks from 2006 referenced above appeared and then within minutes were deleted, CENSORED for unknown reasons, or by unknown operatives. Someone is determined to cover up and keep you in the dark about this growing DuPont Teflon Toxin Scandal as much as possible!

    You may catch our earlier remarks on the Yahoo! DD Message Board, which have not yet been CENSORED, at least as of 12:19 PM.

    ...funfun..

  • funfundvierzig funfundvierzig Aug 23, 2015 12:12 PM Flag

    Expanded SOURCE: Paul D. Thacker, The Weinberg Proposal, Environmental Science & Technology, Feb. 22, 2006.

    Ah...yes, for years the cry of DuPont's DuPlicitous Management and their PR con artists has been our cancer-causing Teflon toxin is "perfectly safe", "has no human health effects".

    About as "SAFE" as those four DuPont workers fatally gassed in DuPont's negligently run, severely dangerous deathtrap La Porte chemical factory last November, 2014!

    funfundvierzig...funfun..

  • CC Shareholders, and Investors,

    We believe you should be as informed as possible about this growing DuPont C8 scandal and massive potential litigation risk involving the decades' long contamination of circa 100,000 unsuspecting women, men and children in the Mid-Ohio Valley with DuPont's cancer-causing Teflon toxin, C8 or PFOA. To that end, we are republishing our remarks on the subject from February 2006 pertaining to a cynical proposal made to DuPont Management by a Washington D. C. consulting group.

    SOURCE: Paul D Thacker, The Weinberg Proposal, Environmental Science & Technology, Feb. 22,. 2006.

    The Weinberg Proposal to DuPont officials has been mentioned currently in documents for one of the first of 3,500 toxic Teflon chemical lawsuits to be tried in coming months, Bartlett v. E. I. du Pont de Nemours and Company. The proposal recommended approaches for DuPont Management to take to discredit independent scientists and medical researchers, regulatory and environmental groups and the media, and to disconnect this Teflon toxin from any illness and disease. "Perfectly safe, no human health effects" was the cry for years by DuPont's DuPlicitous bosses and their PR con artists. What an ethically sick operation, now the burden of Shamours shareholders.

    funfundvierzig...funfun..

  • funfundvierzig funfundvierzig Aug 23, 2015 8:58 AM Flag

    REFERENCE: Environmental Science & Technology, (ES &T) 2006.

    ...funfun

  • Readers,

    "Tucked away inside the U. S. EPA's docket on PFOA , a chemical manufactured by DuPont is a 5-page letter written in April 2003 by the Weinberg Group, an international scientific consulting firm based in Washington, D. C.. The letter is addressed to DuPont's Vice President of Special Intitiatives Jane Brooks and lays out a proposal for how the Weinberg Group can help the company deal with a growing regulatory and legal crisis over PFOA(perfluorooctanoic acid)..."

    "'The constant theme which permeates our recommendations on the issues faced by DuPont is that DuPont MUST SHAPE THE DEBATE AT ALL LEVELS' states the letter (emphasis in original)."

    "...Some preliminary suggestions of tasks for managing issue related PFOA include...

    reshape the debate by identifying the likely known health benefits of PFOA by analyzing existing data and/or constructing a study to establish not only PFOA is safe over a range of serum concentrations but that it offers real health benefits (oxygen carrying and prevention of CAD" [Cardio-arterial disease]

    Ah, yes...DuPont's likely cancer-causing PFOA is not only perfectly "SAFE" and "humanly harmless", it is actually good for the heart! Have another glass of wholesome heart-healthy PFOA water!

    "ES & T confirmed the letter's authenticity with Matthew Weinberg, CEO of the Weinberg Group, and a spokesperson for DuPont told ES & T that the Weinberg Group did work for the company several years ago: 'They assisted us in identifying scientific third party experts on an issue involving the company.'

    "However, when asked to describe the work, the spokesperson would only say, 'Probably PFOA'."

    "Probably PFOA"?? Maybe our Miss Brooks has a better memory, eh??

    DuPont: IMAGE �ber alles!...funfun..

  • funfundvierzig funfundvierzig Aug 23, 2015 5:38 AM Flag

    Scientific testing many years ago has revealed at a certain temperature around 400F or above a pre-heated empty Teflon-coated fry pan can begin to give off certain toxic gasses, including the cancer-causing Teflon toxin, C8 or PFOA.

    Conservatively estimating and speculating out loud: If each of the 3500 toxic Teflon chemical lawsuits has an average settlement or award value of $1.5 million, including punitive damages, Shamours could face a staggering potential liability of $5 billion. Shamours President, Mark Verguano has admitted publicly Shamours has ZERO reserves or accruals for toxic Teflon chemical legal charges and litigation costs.

    Remember to date, the defective DuPont BENLATE scandal has cost DD shareholders more than $2 billion. But this negligently manufactured and marketed DuPont AG fungicide (think DuPont Imprelis) harmed primarily plants, yellowing, withering, and killing plants, not people.

    ...funfun..

  • Reply to

    THE WEINBERG PROPOSAL

    by funfundvierzig Feb 23, 2006 8:16 AM
    funfundvierzig funfundvierzig Aug 23, 2015 5:12 AM Flag

    Readers, the Weinberg Group has surfaced in documents in the toxic Teflon chemical lawsuit, Bartlett v. E. I. du Pont de Nemours and Company, to be heard this fall, 2015. Nearly a decade ago, we penned the above commentary in this forum. Feb. 23, 2006.

    Almost astounding is the recommendation, that DuPont Management peddle this extraordinarily toxic, cancer-causing Teflon chemical C8 or PFOA as something good and healthy for ya!

    "You coulda had a glass of C8...Hmmm...Hmmm..Good!"

    But nothing is beyond belief when it comes to the dirty business of DuPont Management and their Orwellian operations to deceive and cheat.

    ...funfun..

  • funfundvierzig funfundvierzig Aug 22, 2015 3:08 PM Flag

    We believe there is a high likelihood punitive damages can and will be awarded to gravely sick plaintiffs in the judgement of the jury. Any intelligent man or woman, the jurist, will facilely see abundant documented evidence adduced demonstrating that DuPont's evasive and secretive bosses acted on behalf of DuPont with depraved indifference to human life and health in covertly contaminating the water in the taps of unsuspecting residents in Ohio and West Virginia for decades.

    Don't forget in 2005, the U. S. EPA slammed DuPont with the then highest civil fine and penalty for its egregious misconduct in handling C8 and covering up critical studies and information.

    This denial of summary motion on punitive damages by Judge Sargus is a big blow to DuPont's overbearing bosses and their in-house little known lawyers from little known schools.

    Stay tuned to WWC8 broadcast live from the courthouse, folks.

    ...funfun..

  • funfundvierzig funfundvierzig Aug 22, 2015 11:56 AM Flag

    What? And where does that $4 billion in cash stripped from junk bond-financed Shamours "definately" (sic) going to go? Why, it will disappear out the back door to buy back DD shares from so far secretive "selective departing shareholders".

    To claim DuPont will be "a debt-free company" in four months, by Dec. 31, 2015 is patently false and misleading. Not even PR-driven DuPont executives are putting out that sort of harebrained financial fiction.

    You may want to visit the DuPont balance sheet at the end of June 30, 2015, the latest:

    * Current Liabilities: $9 billion.

    * Long Term Debt: $12 billion.

    * Other Liabilities: $13 billion.

    Marginally managed and severely degraded DuPont has not "out-performed" its competitors for nearly a quarter of a century.

    ...funfun..

  • funfundvierzig funfundvierzig Aug 22, 2015 9:54 AM Flag

    And remember, folks, Chemours stands for..."SHAM OURS".

    We believe the mendacious Managements of both Shamours and DuPont may have critically downplayed and misrepresented the potential and real costs of environmental remediation for a multiplicity of hazardous sites as well as the massive potential liability for 3,500 toxic Teflon chemical lawsuits cogently claiming wrongful deaths and personal injury in the federal court system. Stay tuned to this station.

    ...funfun..

  • funfundvierzig by funfundvierzig Aug 22, 2015 7:03 AM Flag

    Exiting Bullet-Blazing Downtown Wilmington & Pigeon-Stained DuPont Building?

    THE WEAK IN REVIEW

    Good Morning, Bonjour, Guten Tag,

    Readers, the ink was hardly dry on the severance cheques of circa 7% of the global Shamours workforce prior to the touted spin-off on July 1, 2015, when the big bosses announced the shuttering of Shamours' huge TIO2 plant on the banks of the Delaware River at Edge Moor. That will effectively can the careers of some 200 hapless Shamours workers and 130 contract employees.

    Query, in the midst of much rumour, will Shamours be turning off the lights in Delaware and moving from the temporary headquarters in the 108-year old dreary grey DuPont Building in crime-infested downtown Wilmington? Shamours executives have been reported to be eyeing Chester County, Pennsylvania and even Salem, New Jersey or faraway spots like Texas.

    Such a move would be beneficial for Shamours employees, given the daily scene of carnage in the gun shot-ringing streets surrounding Shamours' drab headquarters. Get the women and men who work for Shamours safely away from the murder and mayhem in lawless Wilmington, not to mention the onerous City Wage Tax on their earnings.

    As for the ancient building with its pollution patina, the DuPont Building is now terribly obsolete, costly to maintain, and has long been stripped of its former glories. Old-timers can probably recall when the stupid vandals in DuPont Management ripped out all the beautiful marble in the hallways and rooms and replaced it with cheap-looking DuPont fabric wall coverings, which soon faded and peeled.

    Management is making a good move if Shamours departs the dwarf state of Delaware altogether.

    Merely THE WEAK IN REVIEW penned by one individual investor at large...funfun..

TM
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