SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Madharry who wrote (24469)7/27/2006 11:44:33 PM
From: Spekulatius  Read Replies (1) of 78753
 
Dow - I own a small position too -ouch! i think that rising energy prices are the problem not necessarily high ones. Note that demand was Ok despite high prices (4% volume growth) but margin were compressed because prices rose slower than input costs.

Also looking at DOW cash flow statement it looks like Capex has been consistently equal or lower than depreciation - which means that free cash flow is very strong. the problem is that quite a bit of the FCF goes into boosting the underfunded pension plan. Dividend is OK and should provide a floor to the stock. I think I'll add to my small position. Energy prices may stay high but they can't rise forever.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News