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re: Rumor. Sasol US around LC to be acquired by Westlake Chemical.

Posted on 5/22/25 at 7:51 am to
Posted by CharleyLake
Member since Oct 2006
1450 posts
Posted on 5/22/25 at 7:51 am to
Maybe thejudge can tell us if it is more than a FEMA roof.
Posted by DiamondDog
Louisiana
Member since Nov 2019
12671 posts
Posted on 5/22/25 at 7:31 pm to
This is not true.

WLK is looking at tough times. Cutting cost. It's not acquiring anything else. It lost big on the Epoxy business. It's going to wait until any new acquisition bottoms out again.

New CEO is focusing on reliability of existing assets. It's a change in focus from the Chaos.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8840 posts
Posted on 5/22/25 at 7:49 pm to
Oh well. No buyout.

Made a modest gain riding SSL up. Sold half. Playing with house money with a stop order.
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
447 posts
Posted on 6/13/25 at 7:45 am to
Gapping up premarket. Anybody got a line on what’s happening?
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8840 posts
Posted on 6/13/25 at 10:00 am to
Probably Israel/Iran war-related
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8840 posts
Posted on 8/6/25 at 10:11 pm to
Any update on this?

Hovering at $5 / share. Riding the 50-day SMA. Dividend yield at 15%.

Earnings 2 weeks away.

I'm out as of a week ago after the run up. Just following for now.
Posted by Larry Gooseman
Houston
Member since Mar 2014
2754 posts
Posted on 8/7/25 at 7:24 am to
WLK earnings were this week. Consecutive quarterly losses.

He told the market we’re targeting additional cost cuts.
Posted by DiamondDog
Louisiana
Member since Nov 2019
12671 posts
Posted on 8/7/25 at 8:28 am to
quote:

He told the market we’re targeting additional cost cuts.


I don't see how they cut another verified $100MM from the PEM side. Their problems are tied to their LA locations. Unless you're investing more $$$ into their reliability, you're not getting better results.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8840 posts
Posted on 8/16/25 at 2:28 pm to
SSL still climbing. Up 20% for the week. Earnings a week away.
Posted by DiamondDog
Louisiana
Member since Nov 2019
12671 posts
Posted on 8/16/25 at 9:57 pm to
You can put your money on SSL. That's the worst of the lot of chemical companies.
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