6Mês·

Small additional purchase. Position now actually full for the time being. Should it fall another 8%, another tranche will be bought.

12.12

FMC

Comprado x40 em € 53,58

€ 2.143,20

27 Comentários

Memo0606@Memo0606

6Mês

but why did the share price plummet do you know that?

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Memo0606@Memo0606

6Mês

interesting value
what is the reason for the purchase?

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Ver todas as 8 restantes respostas

Tenbagger2024@Tenbagger2024

6Mês

I think there will be huge potential in the future due to global warming.
The population continues to grow and wants to be fed.
That's why I'm not writing Bayer off completely.

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Ver todas as 6 restantes respostas

Dont_be_greedy@Dont_be_greedy

6Mês

Hi Patrick,
Have you compared FMC with $CTVA Corteva? I think they hold by far the most patents in the field of genetic engineering for plants and food and are a good deal bigger

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Dont_be_greedy@Dont_be_greedy

6Mês

Here is an article on the subject:

https://www.global2000.at/publikationen/neue-gentechnik-patente

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Patrick Schäfer@Hotte1909

6Mês

@Dont_be_greedy Yes, I have. But kgv 4 versus kgv 60, so I opted for $FMC.
I agree that your patents last much longer. However, some of these will also expire in the next 6 years.

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Dont_be_greedy@Dont_be_greedy

6Mês

Yes, that actually speaks in favor of FMC. The dividend yield and low payout ratio are also really exciting.
I'm surprised that they slumped so much after 2022 and Corteva didn't. Do you know why that is?

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Dont_be_greedy@Dont_be_greedy

6Mês

@Hotte1909

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Patrick Schäfer@Hotte1909

6Mês

@Dont_be_greedy In 2023, sales collapsed and so did profits. There were studies on the actual effectiveness of a product and, in some cases, on long-term risks. But the product was removed. It was only approved in America anyway. I think that cost them a lot of trust. But they are one of the 6 largest manufacturers of crop protection products in Germany and I believe they are in 10th place worldwide.

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Dont_be_greedy@Dont_be_greedy

6Mês

@Hotte1909 okay, thank you! 👍🏼

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Memo0606@Memo0606

4Mês

after your purchase, the value continued to plummet... are you buying more?

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Patrick Schäfer@Hotte1909

4Mês

@Memo0606 Yes, it's on the to-do list. I'll put in another 8k or so. Maybe I'll wait until the next figures, but I haven't come up with an exact plan yet

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Memo0606@Memo0606

4Mês

@Hotte1909 the crash looks exaggerated
do you know more

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