SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jurgis Bekepuris who wrote (54861)1/21/2015 12:41:29 PM
From: E_K_S1 Recommendation

Recommended By
Mattyice

   of 78774
 
Re: AGCO Corporation (AGCO) _ Started a small position

Decided to deploy some of my cash and start a small position in AGCO. GN says the stock is 41% undervalued and the fair value s/d be $61.65/share. My motivation for starting a position now, rather than waiting is the announcement of the ECB QE program. Hopefully all that money will find it's way into financing a few of their tractors and farm equipment.

The ECB QE program does not start until March 2015 so I expect this one will be a long term hold before something close to fair value is reached. I just wanted to have some exposure to EU and India and this one was high on my list. I also like TAL for the same reason but am waiting to add shares. TAL is around fair value when doing the GN calculation but they have a good dividend and it's ROC that makes it tax efficient.

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News