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Posted by
Two Blokes Jun 27 -
Filed in
Stock
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4 views
Dow's valuation looks cheap, but tangible book value erosion signals real downside risk if stress persists or losses emerge. Dividend sustainability is in question, as current payouts are funded by debt or cash depletion, risking further equity erosion or a necessary dividend cut. Even with a 60% dividend cut, price support depends on investor sentiment and confidence in an earnings turnaround, which remains uncertain.
