Watch this interview. Dow (DOW) CEO Liveris has a calmness about him I have not seen in a while. Gone is the pre-Rohm deal urgency he always had on camera. Sometimes what you don’t see matters more than what you do.
Here is the video:
I think it is due to the Rohm & Hass (ROH) deal and his discussion with Chinese officials. Liveris had promised shareholder he would transform the company’s earnings profile and the Rohm deal allowed him to do that overnight.
Rather than impressing on people the value proposition Dow holds for investors due to the actions they are undertaking and going to take, Liveris seems almost content now to sit back (not literally), watch the inevitable happen and then bask in the glow of a job well done.
Disclosure (“none” means no position):Long Dow
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