• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Wow what happened to CNH?

Collapse
X
Collapse
 
  • Time
  • Show
Clear All
new posts
  • kamichel
    Senior Member
    • Jan 2007
    • 631
    #1

    Wow what happened to CNH?

    Last trade 8.01
    Looking at the yearly chart I know stocks have taken a licking but this is getting ridiculous. Am I missing something?

    http://quotes.ino.com/chart/?s=NYSE_CNH&v=d12
    Tags: None
    • agstar77
      Senior Member
      • Jul 2001
      • 6168
      #2
      All the ag companies charts look like that. CNH was pretty much bankrupt a few years ago. Problems will arise now because of lack of production on high output plants.

        Comment

        • liberty
          Senior Member
          • Dec 2002
          • 345
          #3
          All the major ag manufacturers have large construction equipment divisions, which will be getting hit hard by the economic downturn.

            Comment

            • liberty
              Senior Member
              • Dec 2002
              • 345
              #4
              I talked to my investment advisor today about CNH. Apparently there are some concerns out there about Fiat's debt load. That is being factored into the price.

              Having said that, the P/E ratio on CNH looks downright attractive, with a yield of over 6%.

              Deere's numbers are not quite as good, but I'm going to keep an eye on it over the next while.

                Comment

                • Reply to this Thread
                • Return to Topic List
                Working...