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
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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