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Agrium Inc. Message Board

  • abbaman7 abbaman7 Jun 14, 2013 2:49 PM Flag

    Happy JANA Lost?

    If JANA had gotten its people on the BOD, this stock would be rocking towards $120. Instead, it remains in the crapper, dropping pretty much every day regardless of what the major market averages are doing. The current management has no clue how to right the ship although the tools to straighten things out are staring them in the face. JANA laid out the blueprint but the folks in charge have no inclination to react dynamically. My guess is that we won't see any action necessary to help achieve improved shareholder value until there is another board election when their jobs will be on the line. Of course they can once again resort to despicable tactics to keep their chairs.

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    • If Jana is so confident in their ability to manage agribusiness, why don't they simply buy Agrium?
      Reason: They do not have a clue.

      Sentiment: Strong Buy

      • 1 Reply to higherintegrity
      • My comment relates to what you had to say as well as another poster who wrote in response earlier than you did. Your comment shares the same characteristic as the earlier one; namely, that it was completely unresponsive to the point I made. I repeat: Had JANA prevailed in getting its people on the BOD, the share price of AGU would not have plummeted from $115 to $88.80 where it is now. Indeed, in my view, its share price would likely have gone higher. That JANA has a lot more than a "clue" as to what AGU needs to do to be a lot more successful, one only has to look at the feeble attempt AGU made to try to implement a number of their suggestions. Indeed, the 2% yield we currently have, for example, is a direct result of JANA's intercession in the process. I would have preferred that JANA had succeeded in getting its people on the BOD and have enjoyed a higher share price. Obviously, a number of folks on this board prefer that JANA lost and with that loss the share price dropped and has continued to drop. All I can say is: To each his own. AGU is an integral part of my AG stock field bet; because of its retail activities, it covers a part of the business I want. That the stock has been swirling in the bowl for months is something I don't like and wish were otherwise. One thing I do know. I am certainly not adding to my position as long as the current clowns are running the show. Oh yeah. One more thing. I have held my position since 2007, added to it in 2008-2010 and have never sold a share. So I not exactly an 'are we there yet' kind of investor.

    • 1. JANA knows virtually nothing about agriculture.
      2. AGU sure beats Jana investments long term.
      3. How is Jana doing with its Ashland stock?

115.53+1.14(+1.00%)Feb 27 4:02 PMEST

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