WLK
Westlake Chemical Corporation
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Purchased hxoh at great price. Now its doing a split, no a sale.. no a split sale sale. Some public some private
Vinyls and Olefin (WLK) about to 🚀🚀🚀🚀🚀🚀🚀🚀 INPUT NEEDED...see crayon drawing...first DD so here it goes...WLK...Orelfins and Vinyls market booming and not being widely discussed. When the numbers hit it has HUGE potential. Not stock advice just like the stock
Hey WSB! I’m 14 and my mom gave me two grand to learn to invest. What the fuck do I do?
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WLK Westlake is a subprime auto loan provider as well
>Speech by Governor Bowman on the considerations for a central bank digital currency: [federalreserve.gov/newsevents/spe…](https://t.co/WLK1vp7hlb) \>Watch live: [youtube.com/watch?v=ZDnMXY…](https://t.co/nurl0Ods5G) ^Federal ^Reserve ^[@federalreserve](http://twitter.com/federalreserve) ^at ^2023-04-18 ^13:01:15 ^EDT-0400
All the steel plays, CLF, and WLK. These are undervalued and have high growth potential the rest are dog shit and you should just invest in SCHD
I appreciate your comments on CROX. I wasn't diligent enough with the Heydude deal debt implications and admit I was shocked by the margin erosion just reported in Q1. I am trying to work out how permanent that margin erosion is, hoping to speak to the company soon, because of implications for valuation, debt repayment and future buybacks. My buy thesis was based on low valuation, high margins and decent balance sheet. Two of those three now look to be at risk, although I hope the margin erosion is temporary. I am OK with waiting out transformations, as I did in HMHC and SLVM or cyclicality, like in SAFM, WLK and HCC. I like CROX valuation here and love that there was insider buying much higher up, in the $70 to $80 range, but I want to be sure I haven't underestimated the duration of any negative effects of Heydude. I don't have a lot of retail product investing experience, but my local store checks here in Western Canada were positive. Crocs were flying off the shelves despite the ridiculously high price point. None of the sub 30 year old sales staff here had heard of Heydude, even when they had them in stock, but my sample size was small. Has your view changed with the stock below $60? Street and Value Line both have targets around $110+ on low multiples. I think eps guidance was about $10 for this year, putting the PE below 6?
If I was gonna purchase any chemical stock it would be WLK, yea BASFY has a huge dividend but that stock has been performing abysmally, so I might look into why their dividend is so large
I just have WLK on the NYSE, currently trading at 108.71 right now...
WLK (in title) P/E ratio is 9.5, which I also like
Shout out to WLK, WRK, WAL, STT, and RJF, they're doing work for me today. Eh, you too EOG and LYB...
As far as I can tell it sounds like WLK deal is a cash deal. Doesn't seem to be too fancy. You should end up with $3,000 and a tax bill or a tax deduction depending on what you paid for your shares. Thank you.
That large plant in Louisiana caught fire after being hit by a hurricane last year and I don't think they had plans to rebuild it. Even before that plant went down there weren't many producers of chlorine in the US, and with the supply chain disruptions most chemicals, building materials, etc have only gotten more expensive. OLN and WLK are probably the best plays on chlorine that I'm aware of. OLN also owns Winchester, so you get some exposure to higher ammo prices with them as well. WLK has a better balance sheet and is less leveraged overall. Neither stock has done well since the beginning of June but maybe this quarter's earnings help turn the momentum around.
Buy LEAPS on CBT and WLK
News about Westlake Chemical (WLK) power outage exacerbating the chlorine shortage is starting to break. They are likely to be without power til the end of the month and are the main chlorine supplier for the west coast. Drinking water is impacted. Puts on WLK https://www.kgw.com/article/news/local/oregon-emergency-officials-discuss-chlorine-shortage/283-eda687e7-84a4-4ced-a8fb-866a3fc4e968
News about Westlake Chemical (WLK) power outage exacerbating the chlorine shortage is starting to break. They are likely to be without power til the end of the month and are the main chlorine supplier for the west coast. Drinking water is impacted. Puts on WLK https://www.kgw.com/article/news/local/oregon-emergency-officials-discuss-chlorine-shortage/283-eda687e7-84a4-4ced-a8fb-866a3fc4e968
WLK 7/16 $80p Chlorine shortage play
There is already a chlorine shortage and the main chlorine production facility (owned by Westlake Chemical) for the west coast has been without power for a few days. There was just a press conference about how this affects the drinking water supply. The plant is expected to be shut down for at least 2 weeks. TLDR July puts on WLK and best of luck in the water wars
Press conference on the chlorine shortage on the way coast. Puts on WLK https://www.kgw.com/article/news/local/oregon-emergency-officials-discuss-chlorine-shortage/283-eda687e7-84a4-4ced-a8fb-866a3fc4e968
WLK down 6% today. There is a chlorine shortage. Look into it
I had OLN and DOW as well. I think OLN could keep climbing but I closed my positions already. I like WLK and TSE right now
Idk about good, but COVT, and WLK are the biggest non privately owned ones. The issues is the biggest ones in the US are private.
This oil situation probably going to reverberate into plastics as well. It's not sexy but 2020 was for sexy its about commodities in 2021. WLK and AZEK both have exposure. Might re-up on some May AZEK calls because this might affect their guidance at earnings
I was up 14% this week. Mostly via LEAPS on MOS, CLF, MT, and RFP. Plus some good entries on WLK shares and AZEK May calls
Look at plastics. WLK specifically. They just crushed earnings
Azek please go play with your green friend WLK
WLK rocking that double bottom
WLK still on a moonshot for me. Love this thing.
WLK is a monster. Keeps getting upgrades
High conviction plays like WLK and WMT doing well but being dragged down by lower conviction darts that I threw.
Biden spoke about the huge infrastructure plan today. This plan is spread out over 8 years and will be paid for in new tax hikes. industrials will benefit from these: Westlake Chemical Corporation WLK, Trinseo S.A. TSE, JSR Corporation JSCPY, Covestro AG COVTY and Victrex plc VTXPF.
I can't tell if the crazy prices + what happened in Texas with the storms is gonna be bullish for plastics companies or bearish because their supply chains were down. Pricing is INSANE right now on olefins and vinyls. WLK and AZEK are the 2 tickers I think might be in play either way
I eat too many crayons. Rotation to value seems to continue tho and WLK is walking away...
West lake Chemical produces Olefins and Vinyls aka plastics. This process can start with oil or natural gas. WLK uses natural gas, which price happens to be dropping...that’s the feed for their “cracker” process where the plastic “monomers” come out the other end. It also happens that the main monomers are soaring in price with no signal of reduction. WLK is mainly selling the monomers but owns approx. 40% in WLPK who runs the cracker process for them. Huge saving there. Earnings come out in May and should blow minds 🤯🤯🤯🤯...🚀🚀🚀🚀🚀...
WLK looks interesting — it’s been considerably higher in the past
CLF, NUE, SXC, J, X An off the radar one I've been building up is WLK. Plastics company with a division that manufactures water piping
WLK is my chembae. Also loaded on MOS and CLF
We need plastic pipes from WLK
Gimme that boomer chemical company shit. WLK you're my friend now
Plastics are fucking skyrocketing in price with everything else. Probably buying WLK. It kinda got wrecked with the Texas storms and took a beating in price
About to do some of my own DD on the Plastics Industry. Honestly boring as shit but what happened in Texas is gonna have some major ramifications. Looking at WLK right now. If I feel like it's worth it I'll post it up
I was just filled on a call contract for March 19, $100 for WLK......no doubt the hedge funds are jumping on, this is heading above $100 soon, IMO!!!! Also accumulating REI, a so-called meme oil & gas, seems to be setting up for a big move soon, IMO!!!
Interesting. That makes a lot of sense, thanks! I've heard the chemical (i.e. $WLK) and energy sectors are also good ones to look at to mitigate similar risk, but have absolutely zero knowledge regarding specific companies that could be solid buys rn. Lol as someone who got into the market by doing a ton of research on growth and tech stocks, the inflation-driven volatility has been a disorienting shift
https://www.reddit.com/user/Secret_Pick8635/draft/a412c82e-76c6-11eb-831b-52a276f18065 Buying WLK...... involved in chlorine disinfectants and PVC for industrials.....
WLK has a trailing twelve month Price to Earnings (PE) ratio of 38.6 which places it above the histroical average of roughly 15. WLK is currently trading at a poor value due to investors paying more than what the stock is worth in relation to its earnings.
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