Archer Daniels Midland Company Message Board
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cargil posts earnings
I thought cargil was a private company and did not post earnings, but see today they posted big increase in earnings. Apparently commodity trading, food ingredients and fertillizer made them the big increased earnings. This could indicate the whole sector is starting to improve. long term I like adm, and still think there is a chance some wealthy group of investors try to take it private. I hope adm is not taken private as it has a strong future. jmho.
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take a look at vt.to chart it really shadows adm, although it is much smaller and simpler company. I also like vt.to but has no dividend. with adm one gets paid to wait for good news. Still both should do well in long term base on fundamental growth. One can make the argument that the smaller vt could grow faster than the larger adm, perhaps more risky. adm still my favorite.
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Too bad we cant see a plot of cargil vs adm. I wonder how much they would move together.
- 1 Reply to upsidetonograph
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why can't you? do a yahoo price chart, then choose option of showing vs. another stock.
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I would have thought adm would have continued to climb and be much higher by now, but it looks like the market is being cautious. If the next set of earnings are good again it could start to be bought with vigor. I think the danger of adm being taken private is low because of its size, but it is probably attractive because its in business that is always going to be needed and has growth fundamentals. I hope it does not go the way of cargil, because i think its long term potential is great. jmho
- 1 Reply to upsidetonograph
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The ethanol story on bloomberg should be good for ADM.
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