For what its worth, and maybe this means nothing...I called the toll free number to inquire on the selling off of Valvoilne. The rep told me that no one as offered anything yet for their asking price and if it is not sold by this Friday, then Ashland may retain Valvoline. who knows. (shrug)
Ashland may not sell Valvoline
- Thread starter strombony
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Maybe no one wants to buy BIG OIL since they will be a target of the Obama admin tax policy.
Maybe the government should buy it. They will need an oil supplier for the two car companies they are going to own.
Originally Posted By: Johnny
Maybe the government should buy it. They will need an oil supplier for the two car companies they are going to own.
And we could get a tax rebate for every 5 quarts we buy.....
John
Maybe the government should buy it. They will need an oil supplier for the two car companies they are going to own.
And we could get a tax rebate for every 5 quarts we buy.....
John
Originally Posted By: Johnny
Maybe the government should buy it. They will need an oil supplier for the two car companies they are going to own.
They say that sometimes a good joke has to have a little bit of truth to it for it to be funny.
Your comment was funny!
Maybe the government should buy it. They will need an oil supplier for the two car companies they are going to own.
They say that sometimes a good joke has to have a little bit of truth to it for it to be funny.
Your comment was funny!
The new CEO's will be announced shortly!
Originally Posted By: Pablo
The new CEO's will be announced shortly!
CEO: Ronald MacDonald
CFO: Uncle Sam
The new CEO's will be announced shortly!
CEO: Ronald MacDonald
CFO: Uncle Sam
maybe BITOG should band together and buy it.
If all of us go in for $40,000 each we could do it.
I really don't think that Valvoline is for sale. The information given by the "unidentified source" in the NY Post article doesn't jive with the information given in Ashland's quarterly earnings report. According to that report, Ashland generated $220,000,000 in cash and paid down $208,000,000 in debt. Valvoline made a healthy contribution to their cash flow. May just be someone trying to manipulate the stock price.
Originally Posted By: Johnny
Maybe the government should buy it. They will need an oil supplier for the two car companies they are going to own.
It will prob happen seeing what is going on with these !#@$^....
Maybe the government should buy it. They will need an oil supplier for the two car companies they are going to own.
It will prob happen seeing what is going on with these !#@$^....
Originally Posted By: MGregoir
If all of us go in for $40,000 each we could do it.
I'm in
If all of us go in for $40,000 each we could do it.
I'm in
Originally Posted By: Johnny
Maybe the government should buy it. They will need an oil supplier for the two car companies they are going to own.
Second that!!
Maybe the government should buy it. They will need an oil supplier for the two car companies they are going to own.
Second that!!
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PLEASEEEEEEEEEEEEEEEEEEE Ashland DO NOT sell Valvoline!!!!!!!!
Originally Posted By: 77GrandPrix
I really don't think that Valvoline is for sale. The information given by the "unidentified source" in the NY Post article doesn't jive with the information given in Ashland's quarterly earnings report. According to that report, Ashland generated $220,000,000 in cash and paid down $208,000,000 in debt. Valvoline made a healthy contribution to their cash flow. May just be someone trying to manipulate the stock price.
Bingo.
I really don't think that Valvoline is for sale. The information given by the "unidentified source" in the NY Post article doesn't jive with the information given in Ashland's quarterly earnings report. According to that report, Ashland generated $220,000,000 in cash and paid down $208,000,000 in debt. Valvoline made a healthy contribution to their cash flow. May just be someone trying to manipulate the stock price.
Bingo.
Originally Posted By: 77GrandPrix
I really don't think that Valvoline is for sale. The information given by the "unidentified source" in the NY Post article doesn't jive with the information given in Ashland's quarterly earnings report. According to that report, Ashland generated $220,000,000 in cash and paid down $208,000,000 in debt. Valvoline made a healthy contribution to their cash flow. May just be someone trying to manipulate the stock price.
I am curious. How would that manipulate the stock price? Would the stock of Ashland go up or down if Valvoline was for sale?
I think the issue of the debt is one factor, but the deciding factor is probably that none of their other businesses are in the consumer retail space, and they may just feel it is non-strategic to their company.
I don't think it will matter who buys Valvoline, and I doubt there will be any major changes.
I really don't think that Valvoline is for sale. The information given by the "unidentified source" in the NY Post article doesn't jive with the information given in Ashland's quarterly earnings report. According to that report, Ashland generated $220,000,000 in cash and paid down $208,000,000 in debt. Valvoline made a healthy contribution to their cash flow. May just be someone trying to manipulate the stock price.
I am curious. How would that manipulate the stock price? Would the stock of Ashland go up or down if Valvoline was for sale?
I think the issue of the debt is one factor, but the deciding factor is probably that none of their other businesses are in the consumer retail space, and they may just feel it is non-strategic to their company.
I don't think it will matter who buys Valvoline, and I doubt there will be any major changes.
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