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Still wondering with the way they closed all the Biolab warehouses { handed logistics over to a third party}and shut down the Ashley Indiana Biolab Plant; what the chances are that Biolab is for sale? p.s. It also seems strange that there is hardly any court action lately.
I beleive Pilgrims Pride had multiple asset sales.
Looks like Operating profit of 5 Million, and Net Earnings of 1 Million, three consecutive months positive earnings!{1/4}
see ya
EXCELLENT !!!!
+++MOR should vault us into $1 land!
Just pondering, with all of the warehouses/operations being consolidated and handed over to outside interest, and shut down of Ashley Indiana plant, and combining of office spaces, if Biolab isn't actually up for grabs. Post # of 36313
Besides closing the Ashley, Indiana manufacturing and warehousing facilities and consilidating operations in Conyers, Georgia; Chemtura will be transferring operations of all warehouses in Conyers, Georgia; NewCastle,Delaware;Pickering,Ontario,California to external logisticss providers. As well as consolidating the Lawrenceville offices into the Technology and Innovation building. "these changes are consistant with our ongoing strategy to improve our competativeness in the market and continue to provide our customers with the best products and support available in our industry". Any thoughts?
Besides closing the Ashley, Indiana manufacturing and warehousing facilities and consilidating operations in Conyers, Georgia; Chemtura will be transferring operations of all warehouses in Conyers, Georgia; NewCastle,Delaware;Pickering,Ontario,California to external logisticss providers. As well as consolidating the Lawrenceville offices into the Technology and Innovation building. "these changes are consistant with our ongoing strategy to improve our competativeness in the market and continue to provide our customers with the best products and support available in our industry."
Besides closing the Ashley, Indiana manufacturing and warehousing facilities and consilidating operations in Conyers, Georgia; Chemtura will be transferring operations of all warehouses in Conyers, Georgia; NewCastle,Delaware;Pickering,Ontario,California to external logisticss providers. As well as consolidating the Lawrenceville offices into the Technology and Innovation building. "these changes are consistant with our ongoing strategy to improve our competativeness in the market and continue to provide our customers with the best products and support available in our industry."
no problem, my paste broke up my last sentance for some reason. I guess about 63 employees unfortunately will lose their jobs, thoughts and prayers with them.
Hear that the Ashley Indiana Plant slated to close by end of 1st Q next year, and some consolidation of warehouses/warehouse space going on also; to what degree not sue but think it has to do wIn 2003, the Lime-O-Sol Company was purchased by BioLab Inc., which continues to operate its manufacturing and distribution facility in northeastern Indiana, in the community of Ashley.
Plant Statistics:
The Ashely site consists of one production building and one distribution building.
Products:
The facility manufactures household cleaners, mainly the Works® brand cleaners, including drain opener, fabric refresher, toilet bowl cleaner, kitchen cleaner, bath cleaner, lime/rust remover and Greased Lightning® antibacterial cleaner.
ith a lease in conyers they would like to get out of.
We bit of Irish Luck, retained A&L Goodbody,solicitors as Irish counsel; Dockets 1054,1054. Hope they find us a pot o' gold !
MC; ever do any reseach or what happened to Hercules shareholders during Rogerson's' tenure?
Docket1045: Application for an order expanding the ordinary coarse retention of Baker & McKenzie as special counsel for the debtors, etc. http://www.kccllc.net/chemtura ,Basis for relief, Under C. Services To Be Provided, Page 3.(d). certain potential sales and purchases of assets of the Debtors, including drafting documents,effectuating due diligence,participating in negotiations and providing other services in support of possible transactions; and ...etc. GLTAL
I wasn't talking about assets
rejection of the $9.00 was way before the down turn, and BK, don't think you can hold that up as a legitamate reason the commons won't get canceled
You made a comment about; Posted by: estimator Date: Sunday, August 30, 2009 1:28:34 PM
In reply to: Chemic76spirit who wrote msg# 34508 Post # of 34682
Sounds like someone that doesn't under stand how to read a chart to me. and then your freind jokingly said:Posted by: RoboTrader Date: Sunday, August 30, 2009 1:31:08 PM
In reply to: estimator who wrote msg# 34509 Post # of 34684
And I bet he goes and tells his family/friends what a great investor he is too. ;) and then you replied:Posted by: estimator Date: Sunday, August 30, 2009 1:40:55 PM
In reply to: RoboTrader who wrote msg# 34510 Post # of 34684
yep. Amazing how the charts have worked so well on this chart yet none of us know what we are talking about. Nice guy!
what about all that chart talk earlier?
I guess you are right, I don't know how to read charts.
MM's have hook in water , nothing biting!
Safe port in stormy waters, it seems; holding steady. {that's postive neurons}!
Any thoughts on pps, chinese market, oil down , with futures lower?
I'm not closed off to charts, I tend to look at them also; I was just saying in the case of Chem, even if the charts showed different, we could refute them. It is a bonus that the chart confirms our previous conclusions.
I don't agree with all this chart talk, resistance at this point or another point. Charts are written after the fact , I think people just pull numbers out of their ______, like magicians pull a rabbit out of the hat some times. Granted one might draw conclusions and speculations, because some one told me a candlestick is forming a dangleing participle or some other nonsence. I say it is going up because it is way undervalue and the writing is on the wall that Chemtura is poised for success by all the intense actions that have been taken on the part of upper management and other employees. The biggest obsticle now is the economy in general;not withstanding politics,or some natural disaster like another Katrina, or terrorist etc. etc. Enough said, and I'm not saying any one is totally wrong, or I'm totally right; well, yes I think I am totally right !! lol
This is from Yahoo Message board:Asset Sale 25 minutes ago I met with a senior officer with Amfine Chemical yesterday. He mentioned that they intend to make a serious offer to Chemtura for their PVC business, because it suites their company.
We’ll see what happens.
Sentiment : Strong Buy
Rating :
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sbeck32
37/Male
John Candy ?
Not sure of the status of the family issue; it may a thing of the past. I know that CR addressed the company at the last town hall meeting. You can bet that as the interview stated, they have planned their work, all that is left is to work the plan. Contingencies are also lined up, to use if and when they might be needed. CR has been down this road before, and has been quite successful. GLTA
non-core assets, could be a core asset that they don't feel is the way they want to go with the company{any more}, or it could mean an insignificant / non vital part,that doesn't fit the business plan. The definition of core asset is what I'm questioning
Looking through some courts,8/17/09 Docket:0972.http://www.kccllc.net/chemtura, noted in exibit A. when describing reasons for employment of {Deloitte AG} as European financial advisor, noting that it is pursuant to the title11{Bankruptcy Code},Rules 2014(a) and 6003 of the Federal Rules Banruptcy Procedure.http://www.law.cornell.edu/rules/frbp/ this is a description of rule 6003
Rule 6003. Interim and Final Relief Immediately Following the Commencement of the Case - Applications for Employment; Motions for Use, Sale, or Lease of Property; and Motions for Assumption or Assignment of Executory Contracts. Just thought it might be something to keep an eye on.
whatever, take it for what it's worth
American bulls posted a BUY-IF today for Chem.http://www.americanbulls.com/Default.asp
Chem hires a new Lawyer. Docket 0973. Seoul Korea. Ordinary coarse professional.http://www.kccllc.net/chemtura
1. It is Rogerson's M.O. 2. He knows what works. 3. Time to get down to business with this thing. 4. The company is capable of profit; get rid of debt. 5. All creditors,secured/unsecured deserve to compensated. 6.Retirement plans involved. 7. 1/2 Corporation not in filing; yet being supported funds dip etc. 8. The right thing to do. 9. IMO sale is a done deal; with very few details that need to be ironed out. 10. Gitter done!
New court ddata has been released.http://www.kccllc.net/Docket/SearchResults.asp
Docket 0017: All causes of action Biolab against Occidental have been volunarily dismissed without prejudice. Adversary Proceeding 09-01266. 8-14-2009. Occidental has neither filed an answer to the complaint, nor a motion for summery judgement as to these calinms.
non core could mean a few different things; like parts that don't fit into where the company wants to go from here, or simply non- essential/costly operations. the biggest one i've seen sold so far was for 5 million. I would have to believe taht in order to fetch 1 billion ,Chem would have to sell a core asset.
They have released the July MOR, just haven't downloaded everything yet evidently. http://www.kccllc.net/chemtura
Malaysia; Docket 0923 Wong Sai Fong{ordinary coarse professional}, notice of disinteresdness. Just wondering if Chemtura has a plant in Malaysia?
how many of the same people have said, I'll buy a lotto ticket when it gets to 100 million, guess it makes sense, but I'd be happy with 1 million that's on sale every week!
I wrote a little more on the topic, but they havn't posted it yet. Is ok, it will come out any way sooner or later.