Quick Value #209 - Specialty Chem Special Situation
Today’s newsletter is for premium subscribers (sign up with the button below for all weekly newsletters and the monthly portfolio review!). Back next week with a free edition (likely going to covering the 3M spin situation).
This week we’re covering:
Special situation in the specialty chemical industry
Several upcoming catalysts in 2024 including a sale or spin of a major division
Stock trades at 9.5x EBITDA and stub implied at 6.5x EBITDA
SOTP math indicates >100% potential upside
Market Performance
