i hate to analyze this stock using the investment theories. Check the price of CSE, NH, DE (you already did that, i am assure), you may think this is reasonable price. Wall Street just does't like the agric machinery industry!! They think coco-cola, mcdonals will grow as population increase, but does't think the food are grown using the machines (or buffaloes, anyway). In fact, world population will grow even fast after Viagra goes to the market (of course, most buyers just want to have some good time, don't necessarily think about population).
So, what to do?
I have two suggestions. First, if got money, buy one/two fashionable business, suchas, computer, pharma, biotech companies, even chemicals. Like FMC, its stock (machines) will worth nothing if its agrochemicals division gone. In case of cash shortage, buy a trash seed company, give it a fancy namem such as Geneseed/Agtechseed/Biogeneseed. Or, Directly change AGCO to BiotechAgco if no money available for acquisition. Second, Stir up the Street, let them know (they already know that) the bias, or, merge, acquisition, any ways to get attentions for the street's big boys.
Anyway, don't expect this stock go up before this industry wake up.
This is a quality message board. It is refreshing to read a board that deals with the security. Keep the responses on track . At current levels - 23.00/24.00 per share it is difficult to pass on AG as a value investor. Analysts seem to be negative on the group, DE CSE AG? If AG reports .70 + per share earnings for second quarter, my 30,000 long position says we will see an upward move of 15/25%. If Ratliff and company can sustain 3.00+ per share annual earmings and give the investors a dividend cookie, maybe stock, we could see mid-30's per share in 12 to 18 months. Note substantial institutional holdings by firms involved in the original IPO....good or bad?