$10.20 Special dividend for ASH

coolbloke · Oct 4th, 2006, 05:07 PM

The stock price has been around the 60's for a while, even before the divi was announced...if the PPS rise up more than what its now, there is a possibility that the rise in PPS will fall to where it is right now....CHECK THE CHART! so, worst case, you will get out with a 15-16% gain...ANY GAIN IS GOOD FOR ME!

coolbloke · Oct 4th, 2006, 05:31 PM

http://yahoo.smartmoney.com/barrons/...0728&afl=yahoo

ASH has been selling parts of their company recently. A buyout is not out of the quesion.

coolbloke · Oct 4th, 2006, 05:38 PM

Company has been constantly buying shares recently..

http://www.ashland.com/investors/sec...lid=14&yr=2006

Key people are retiring...
" (RTTNews) - Ashland Inc. (ASH) revealed the retirement of president and COO of Chemical Sector, Gary Cappeline, effective April 1, 2007. Cappeline was appointed president and COO of Ashland's Chemical Sector in January 2004. In 1996, Cappeline left Ashland for senior positions in the chemical industry and private equity, but rejoined the company in December 2002 as president of Ashland Specialty Chemical."

Note the month April 2007.

"Ashland Water Technologies, a division of Ashland Inc. (ASH), on Wednesday said Len Gelosa, senior vice president, would retire after 24 years of service, effective January 1, 2007. Gelosa served Ashland from 1971 to 1980. From 1980 through 1991 he held senior positions in other global chemical companies and returned to Ashland in 1991 as vice president of Marketing and Technology, Drew Industrial. In 1993, he was promoted to vice president/general manager of Drew Industrial. Gelosa was promoted to his current position in 2004."

Date: Jan 2007

I have a feeling a merger or a buyout is going to happen.

I am in!

**amohedas** · Oct 4th, 2006, 05:41 PM

coolbloke · Oct 4th, 2006, 05:42 PM

Ashland chemical sector head to retire
Wednesday September 20, 9:38 am ET

A longtime Ashland Inc. executive has announced his retirement.

Gary Cappeline, president and chief operating officer of Ashland's chemical sector, will leave April 1, 2007, the company said in a news release.

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Cappeline joined Ashland in 1974 and was group vice president of specialty chemical operations when he left the company in 1996. He returned in 2002 as president of Ashland Specialty Chemical, after holding several senior-level jobs in the chemical industry and private equity sector. He was promoted to his current position in 2004.

Chairman and Chief Executive James O'Brien praised Cappeline's leadership in the chemical business, especially his expansion of the company's China operations.

"While I plan to assume direct responsibility for company operations in October, I have asked Gary to continue his leadership of certain important initiatives to assure a smooth transition," O'Brien said.

A native of New York, Cappeline earned bachelor's and master's degrees in chemical engineering from City College of New York, along with an advanced management certificate from Harvard University and postgraduate studies at Indiana University.

Ashland (NYSE: ASH - News), headquartered in Covington, is a chemical and materials services company.

Published September 20, 2006 by the Cincinnati Business Courier

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I like this part
"While I plan to assume direct responsibility for company operations in October, I have asked Gary to continue his leadership of certain important initiatives to assure a smooth transition," O'Brien said.

coolbloke · Oct 4th, 2006, 05:43 PM

I like this part
"While I plan to assume direct responsibility for company operations in October, I have asked Gary to continue his leadership of certain important initiatives to assure a smooth transition," O'Brien said.

The more I read and investigate, sounds like a buyout or merger.