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Huntsman Corporation (HUN)


NYSE - NYSE Delayed Price. Currency in USD
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25.74+0.81 (+3.25%)
At close: 4:04PM EDT
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CEEMNKROWLKOLN
  • Nice day!
  • Who says HUN isn't poised for potentially massive upward movement? have you guys heard of awesome_stocks. i started receiving their allerts and so far i am happy.
  • The trading setup for HUN looks very enticing. I started receiving notifications from AWEsome.STOCKS the other week and so far they have presented interesting new trade ideas.
  • If we are to go off the RSI then you could argue that a pull back next day or so could occur on HUN before rallying up. I started receiving notifications from awesome.stocks the other week and so far they have presented interesting new trade ideas.
  • Huntsman really hung an albatross around the necks of HUN shareholders with this merger. Huntsman stock is in a free fall because it is now tied to Clariant stock. When the merger is complete Huntsman stock will cease to exist and Huntsman shareholders will each get 1.21 shares of Huntsman/Clariant stock. This is basically a 20% premium over Clariant which means we should expect Huntsman to bottom around $24.00 , which is a 20% premium over what Clariant is trading for. Based on forward EBITDA Huntsman should valued at about a 40% premium over Clariant. This merger also should never have been nogotiated before the Venator spin. Huntsmans would have been much stronger after the Venator spin and now with the merger with Clarion, Hunstman will not get to see what value the spin gives and Huntsman shareholders will never see any benefit from it. At this point there is no point or benefit too HUN shareholders by spinning Venator. Instead Hunstman decides to get in bed with a dog with fleas (Clariant) and Huntsman shareholders gets to walk away with an STD.
  • Finally showing some life.
  • Slow mover. Ratings Very High. It'll get there.
  • I am having difficulty understanding why both HUN and Clariant are now below their respective levels at the time of the announcement and continuing to decline.

    The market is giving no credit for the $400mm of cost cuts on the $13bn combined equity market cap.
    it should be worth more than $3bn on a combined company basis.
    There do not seem to be any anti-trust issues.

    The sell side reports I was able to see did not cast substantial doubt on the ability to achieve the synergy target.

    Anybody have any ideas?
  • Next Earnings Call Mid-July. Should be a nice Spike up into 30's.
  • A little rough going right now. But still Strong Buy or Buy by Zacks,Fidelity , Jim Cramer and TDA. Some Hold ratings. I believe it'll be OK Long.
  • Consolidation. It takes some time.
  • Disappointing erosion from opening till now
  • The announcement says the combined company will assume Clariant's dividend policy. It's paying .45 chf (Swiss francs). The current exchange rate is $1 in Swiss francs equal $1.03 American. So it appears we can expect a sizable divvy jack.
  • Bloombergs Gladfly thinks Huntsman gave away the company on this and I have to agree. To be a company of equals Huntsman would have needed to be trading at $37, not $28 at the time of the deal based on forward Ebitda of 9.1 for Clariant and 7.3 for Huntsman. Also, Huntsman should have sup off Venator first, before inking a deal. This would have made Hunstman more valuable. As it is, Clariant is getting the benefit of the Venator spin when it should belong exclusively to Huntsman shareholders.

    Huntmans shareholders are getting screwed on this deal, that is why the stock tanked. We had better hope for a cash buyout fron another entity.

    https://www.bloomberg.com/gadfly/articles/2017-05-24/when-even-a-3-billion-promise-won-t-sell-your-big-deal

  • Profit taking this morning but I'm holding till it becomes clear Trump and the Republicans are not able to overcome the Swamp in Washington. The media should be ashamed of their collusion with the Leftest.
  • Perhaps a short-term pull back is more likely before the next rally on HUN? Not sure how aw-esomeSTOCKS finds all these incredible trade ideas but im happy.
  • If this deal actually concludes, then congrats.
  • Large investors apparently aren't too thrilled with the Clariant merger. Lot of shares sold since the news broke on the merge. Too much down pressure for the stock to rise.

    L2L
  • It'll settle in about 28.
  • New headquarters in Switzerland with the merged companies. USA corporate taxes dramatically reduced or eliminated. I think it is called an inversion merger.