It's time for Huntsman to stop screwing around with this company and give it some credibility on the street. The ride was fun from the basement, but the honeymoon is over and I am tired of watching my position fluctuate sometimes upwards of 100k in a day. We get a of talk from Woodland Hills but no delivery. I am waiting for them to follow through and finish restructuring. This is like watching paint dry. If Jon Sr. would put more effort into strengthening the balance sheet and less time pushing his son for political office, e might get things done.
Now my next concern is Dunkin' Donuts pulling TiO2 from icing sugar. If these protesters get any traction and other companies follow suit, I am out of here as it could mean trouble for Huntsman.
If this is a stronger company, than the share price should reflect it. It should at least be higher than $28 like it was back in 2007.
You are right in that instead of following through on a restructuring plan it keeps acquiring companies. Is unbelievable that Hunstman acquires Rockwood and then starts shutting down capacity. Where is this Tio2 spinoff?
Until Hunstman starts being fiscally responsible and paying down debt, the high beta will continue to crush this company. Jon needs to stop being a maverick and stop running this company like a start-up.