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PPG Industries, Inc. (0KEI.L)

LSE - LSE Delayed price. Currency in USD
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113.29+2.38 (+2.15%)
At close: 04:15PM BST

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  • C
    CrankIt
    No more paints to be used from now on. $0 stock DUH
  • M
    MAMIE
    MAMIE ETHEL GOLDWIRE
    IT'S OKAY 👌🙂
  • M
    MAMIE
    MAMIE GOLDWIRE JOHNSON SAID
    GOOD FOR THE PPG LOAN DON'T
    NEED IT.
  • T
    TomV
    There’s our dividend bump:

    a 3-cents-per-share increase in the company’s dividend to 62 cents. Payable Sept. 10. Record Aug. 10.
  • a
    allentownjsl
    Time for McGarry to address this collapse that’s well in excess of the overall market decline. If there’s going to be a Q1 miss he needs to say so and what steps he’s taking to address the stress facing the company.
  • M
    Michael
    Can anyone explain why this company has sales and administrative (SGA) expenses that are 24% of revenue? That is the highest percentage that I have seen in any manufacturing company. Most chemical/material firms have SGA expenses in the 10% range. What do these guys do that requires so much SGA expense. Just seems to me that this company isn't run very efficiently, but maybe I am missing something.
  • S
    Sidak
    There is serious selling pressure. Not sure if it’s due to russia exposure or low trading volume, but execs should come and defend it if the fundamentals are sound. Hopefully all news baked in, but will continue to average down.
  • a
    allentownjsl
    Hopefully today marks the quarter end and the relentless selling of this stock with the institutions that may be reducing / eliminating their positions finished.
    Also hoping McGarry can provide positive commentary at the company’s next public communication. It’s been a long while since his comments have been a net plus.
  • a
    allentownjsl
    Seems SHW is growing sales at a far faster rate than PPG. Has anybody asked McGarry why PPG lags SHW’s growth.
  • T
    TomV
    Nice 6% dividend increase. I won’t complain about that.
  • a
    allentownjsl
    Bad luck or bad management . Stock was just downgraded at Jeffries citing supply chain pricing squeeze and out of favor financial engineering per share growth tactics.
    IMHO Major issues since McGarry took over:
    Failed bid for Akzo Nobel; loss of Lowes distribution; and internal accounting issues.
    Why has he been given outsized compensation advancements could be an indication of an ineffective BOD. Time for leadership and the BOD to right the ship or find folks who can.
    Also IMHO If they fail to significantly raise the dividend next quarter McGarry and the management team should receive no bonuses this year and perhaps have their 2017 bonuses clawed back.
    Lastly perhaps all RSUs programs should be suspended until the stock performs in the top quintile relative to the S&P 500. Starting from the time McGarry became CEO!
  • D
    Don
    Think the rumor mill has it all wrong. As far as I know PPG has very little exposure in Russia. Also resources are not in jeopardy apparently. I am adding to my holdings. Agree that Company should issue press release on this.
  • a
    allentownjsl
    Thinking McGarry needs to speak to the collapse ( in excess of market declines) of the stock. Something could be terribly wrong or it could simply be an overreaction.
  • r
    rodney
    figure im safe buying ppg and it drop 4% in one day no buyers 53.5 to 47 straight
    down but i think it will go back up before earnings i watch people dump ppg and i wonder why why why
  • a
    allentownjsl
    Now down near 26% YTD! Hope all executive bonuses are cancelled .
  • j
    jay
    Due to a substantial surge in destruction of property(over $2B in Minneapolis alone) cause by George Floyd riots, PPG and other Restoration, Glass manufactures, hardware suppliers, Etc. will benefit greatly. I predict PPG to rise another 15 to 20 percent by the end of the month.
  • a
    allentownjsl
    A repeat:
    McGarry needs to comment on the recent stock collapse. Is it a broken stock or a broken company.
    Aren’t diversity and inclusion initiatives expected to yield superior financial performance .
  • a
    allentownjsl
    Looks like Liebert walked into a hornets nest at PPG automotive finishes. It will be interesting to see if she can fix the problems inherited from her predecessors at PPG. She’ll need to react much more quickly than the glacial pace of the past several years.
  • a
    allentownjsl
    Is something wrong with the company or just the stock. Wondering if the August closing was disappointing.
  • a
    allentownjsl
    Nice presentation published September. Unfortunately next to zero current or near term future financials. Path to commercialization and economic expectations sorely missing. Hope they present more future near term financial expectations at the earnings call.