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The Hated Bounce: Elementis Edition

This post service is a cliche.

Elementis is a specialty chemic fellowship which makes rheology modifiers (go on - await it up).

The fellowship has 2 client groups that are problematic - crude oil drillers together with send painters.

They provide additives for crude oil drilling mud to permit hard drilling. And they furnish additives to paints to alter their technical characteristics - which accept their nearly profitable purpose inward ikon ships.

Both transportation together with crude oil drilling accept been difficult.

The fellowship has had half-dozen at nowadays net turn a profit warnings. Elementis never became unprofitable - merely less profitable.

Today Elementis release an utterly uneventful trading update.

And the stock rose x percent.

When you lot accept had half-dozen net turn a profit warnings no tidings is skillful news.




John

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