They continue to put out voiced over ppts instead of concalls.
In my understanding oil price rise is likely to raise GPC prices, which is already scarcely available. Advanced materials demand is robust but I foresee continued margin pressures over the next couple of quarters. They have called out possible disruption due to increased energy costs in Europe as well. The Germany plant and the Russia plant will struggle in the short term IMO.
Disclosure: Invested from lower levels. Given the likely volatility in margins over the next couple of quarters, thinking of exiting for now as risk-reward seems less favorable to me, specially with many other stocks having corrected so much and looking attractive.
Not a recommendation, I am not a financial advisor and may be completely wrong.
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