DOW

Dow Chemical Co.

Event Driven/Special Sit, Industrial/Transportation


Presented:09/11/2014
Price:$52.67
Cap:$62.90B
Current Price:$52.57
Cap:$36.85B

Presented

Date09/11/2014
Price$52.67
Market Cap$62.90B
Ent Value$82.25B
P/E Ratio17.38x
Book Value$15.92
Div Yield3.4%
Shares O/S1,194.09M
Ave Daily Vol5,970,000
Short Int1.51%

Current

Price$52.57
Market Cap$36.85B
The Dow Chemical Company manufactures and supplies chemical products for use as raw materials in the manufacture of customer products and services worldwide. The Electronic and Functional Materials segment produces materials for chemical mechanical planarization; materials used in the production of electronic displays, including films and filters; metalorganic precursors for light-emitting diodes; organic light-emitting diode materials; materials used in the fabrication of printed circuit boards; integrated metallization processes for metal finishing and decorative applications; semiconductor design products; and materials for industrial applications. The Coatings and Infrastructure Solutions segment provides insulation, air sealing and weatherization products and systems, construction chemical solutions, building-integrated photovoltaics, water resistance and lower systems; purification and separation technologies; and acrylates, methacrylates, and vinyl acetate monomers. The Agricultural Sciences segment offers crop protection and plant biotechnology products, urban pest management solutions, seeds, traits, and oils. The Performance Materials segment produces amines; chlorinated organics; materials for automotive systems, formulated systems, and oil and gas, and mining industrial applications; plastic additives; epoxies; oxygenated solvents; polyglycols, surfactants, and fluids; polyurethanes; and propylene oxide/glycol. The Performance Plastics segment offers elastomers; wire and cable insulation, semiconductive and jacketing compound solutions, and bio-based plasticizers; and acrylics, polyethylene, polyethylene, polyolefin emulsions, and polyolefin plastomers. The Feedstocks and Energy segment provides ethylene, chlorine, caustic soda, and purified ethylene oxide. The Dow Chemical Company was founded in 1897 and is headquartered in Midland, Michigan.

Publicly traded companies mentioned herein: The Dow Chemical Company (DOW)

Highlights

The presenter sees the potential for straightforward restructuring efforts to boost numbers at Dow Chemical (DOW). In the presenter’s opinion, the global chemical company still has a bloated cost structure and has under earned for some time now. Management has been under pressure to perform due to activist Dan Loeb’s (Third Point’s) ownership of the stock, and the presenter is long as he sees upside potential to the $65-70 range over the next 12 months.

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Idea Discussion

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