tag:blogger.com,1999:blog-2949218657849719987.post902029165824664217..comments2024-02-10T10:35:20.557+00:00Comments on My contrarian adventure: Analysis of Deere 2015Fredrik von Oberhausenhttp://www.blogger.com/profile/10924238593055161520noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2949218657849719987.post-72821437290720592062015-11-30T10:25:01.366+00:002015-11-30T10:25:01.366+00:00That is indeed true but in that case I would go di...That is indeed true but in that case I would go directly for a heavy mining company such as BHP Billiton and not a company with as little exposure as Deere towards the industry.<br /><br />Oh, and I am already invested into the mining industry with K+S.Fredrik von Oberhausenhttps://www.blogger.com/profile/10924238593055161520noreply@blogger.comtag:blogger.com,1999:blog-2949218657849719987.post-30947226342656166192015-11-30T09:31:45.250+00:002015-11-30T09:31:45.250+00:00The Problems in the mining sector are no problem f...The Problems in the mining sector are no problem for a contrarian Investor. It´s an opportunity.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2949218657849719987.post-27076907979615515482015-11-30T09:21:56.411+00:002015-11-30T09:21:56.411+00:00Hi hmmm,
Freely quoted from Bill Gates "The ...Hi hmmm,<br /><br />Freely quoted from Bill Gates "The product that stands for 80% of your sales should also receive AT LEAST 80% of your attention".<br /><br />I see no reason why I as an investor should think different in comparison to how managers should look upon their product portfolio, research allocation and the attention of their sales force. The mining and forestry equipment amounts, combined, to around 20%. The sales to the mining continent Australia amounts to 3% of the total. How much should I care if that drops to 1.5%?<br /><br />Additionally... the mining industry have been in trouble for many years now. In the start many of them cut their work-force and I am sure they stopped any investments into new equipment and they did everything they could to make sure that the equipment would be usable for as long as possible. <br /><br />They have been doing that for a couple of years already and they will probably go on for a couple of more... when things get really bad they will maybe use the financing services so that they are not forced to put all the money on the table at once. What is of importance to me however... is when they have money again what then? <br /><br />What will they then buy? If the answer is Deere then I have no problems with sales being pushed forward.<br /><br />Why are you so worried of the mining industry and why in your opinion should I be worried about it?Fredrik von Oberhausenhttps://www.blogger.com/profile/10924238593055161520noreply@blogger.comtag:blogger.com,1999:blog-2949218657849719987.post-47332974567682428542015-11-30T08:37:22.512+00:002015-11-30T08:37:22.512+00:00An analysis completely ignoring their mining expos...An analysis completely ignoring their mining exposure?...hmmmnoreply@blogger.com