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here we go again!

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redline View Drop Down
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Joined: 11 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote redline Quote  Post ReplyReply Direct Link To This Post Topic: here we go again!
    Posted: 08 Dec 2010 at 12:34pm
If it weren't for the last minute, I wouldn't get anything done!
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nowversatile View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nowversatile Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 12:39pm
Great link redline, one piece of advice: Please contact your congressman and senators and DEMAND this not be allowed to go through!
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redline View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote redline Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 12:46pm

It shouldn't be allowed to happen, but I doubt that anyone has the spine to stop it. Everything is headed toward huge monopolies.

If it weren't for the last minute, I wouldn't get anything done!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Russ-neia Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 1:01pm
First line: "Agco Corp. (AGCO) is interested in buying CNH Global NV (CNH) from Fiat SpA (F.MI), the chairman and chief executive of the U.S. tractor maker said in an interview published Wednesday in Italian business daily MF."

Since when???
The innovators offer what others will imitate.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nowversatile Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 1:11pm
One more comment regarding this "distraction". It looks to me like Dickenhagen is putting this out is to distract the investment community from his mismanagement in NA. I find it nearly impossible for something this disastrous to happen with the major financial issues in Europe, and the fact that AGCO would need something like Billions in the teens to make this purchase, larger than all of their other acquistions combined! With the SA gravy train about to come to an end, NA sales tanking and Europe questionable, why not flood the media with new speculation?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jordan(OH) Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 1:29pm
I've got it!  JD is paying Dickenhagen under the table!  First to kill AGCO, now they want him to kill Case and New Holland next.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DougG Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 4:02pm
That would be a site to see only the BELOVED MASSEY FERGESON and JOHN DEERE tractors in the fields ; of coarse CASE IH + NEW HOLLAND tractor production would cease ; EVERYONE wants a MF they just havent realized it yet ; Dikenhagen will let you know
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DREAM Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 4:20pm
I have sneaking feeling that what Jordan is suggesting may have more truth in it than he knows. Only thing is Deere is not paying Richenhagen, he is just that ignorant. Or maybe he is just that anti-American. Seems like the perfect way to destroy another (former) American company. If that happens, there will only be green tractors in the fields. It's already that way in a lot of this state. Deere is the only manufacturer that most farmers here trust enough to believe they will still be around next year to get parts from. Just sad to see what they did to AC, Oliver, White, MM, and the rest.
I didn't do it! It was a short, fat, tall, skinny guy that looked like me!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Daehler Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 5:48pm
Looks like used tractors for me the rest of my life. I thought New Holland was going to buy up AGCO when Dikenhagen relized that massey wasn't selling and he was going broke?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote JoeO(CMO) Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 5:55pm
INTERESTING!  There has to be cash flow under the table to and from somewhere besides what is in the article.




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Post Options Post Options   Thanks (0) Thanks(0)   Quote Unit3 Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 5:59pm
This afternoon soap opera needs a title. Any ideas?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Daehler Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 6:07pm

How bout "THE MONOPOLY" and put dikenhagen as the fat little banker 

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Post Options Post Options   Thanks (0) Thanks(0)   Quote CTuckerNWIL Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 6:16pm
Anybody registered on that site? Please leave a comment about the US tractor maker.
http://www.ae-ta.com
Lena 1935 WC12xxx, Willie 1951 CA6xx Dad bought new, 1954WD45 PS, 1960 D17 NF
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Post Options Post Options   Thanks (0) Thanks(0)   Quote AllisFreak MN Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 6:19pm
The Dumb and the Rest Of Us.
'49 A-C WD, '51 A-C WD, '63 A-C D17 Series III, 1968 A-C One-Seventy, '82 A-C 6060, '75 A-C 7040, A-C #3 sickle mower, 2 A-C 701 wagons, '78 Gleaner M2
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ScottinSWIL Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 7:46pm
 As a owner of a NH tractor I hope this won't be the beginning of another screwed up mess like the whole Agco fiasco now.  The CNH customers should be very worried.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Daehler Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 7:59pm
I don't just think CNH customers should be worried. Everyone should be. The price on equipment will go out of site. 
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Byron WC in SW Wi View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Byron WC in SW Wi Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 8:20pm
We'll, I'll be going to Deere if that happens.  I was hoping for a New Holland bi-directional but will wait to see what folds out here.  I can't see this happening though.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Oldoug Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 8:39pm
I think the first time I heard this rumor was in the summer of 2009 even before AGCO annouced the end of the orange, it's been going around a while I know.  Never say never.
Matt Folkers

FOLKERS RESTORATION



Restoring vintage things to last so the future can enjoy our past.
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Byron WC in SW Wi View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Byron WC in SW Wi Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 8:44pm

Here's Righenhagen saying it's not in the cards on October 15.

CHICAGO, Oct 15 (Reuters) - The chief executive of farm equipment maker Agco Corp AGCO.N said on Friday the company is focused on improving margins, not mergers and acquisitions, as the best way to grow and increase its profitability over the next five years.

Martin Richenhagen told Reuters in an interview that Agco might buy some smaller makers of niche farm products, such as sprayers or harvesters, in specific markets, such as Latin America, "to round out our product offering."

But he said big deals -- such as the one he admitted last summer he was open to doing -- were not in the cards.

But wait, that was almost two month before he changed his mind and is now interested in buy CNH again.  Can anything he says be trusted?

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Post Options Post Options   Thanks (0) Thanks(0)   Quote bigal121892 Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 8:48pm
When the CEO says it, I think it"s more than a rumor.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Daehler Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 8:50pm
He might be worse than a politition is, can never keep a story straight.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acwdwcman Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 9:06pm
good post
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acwdwcman Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 9:09pm
who knows what the world is comming to..
right now all i care about is allis chalmers and my family.
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote EPALLIS Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 9:19pm
Dickhagen?  Good one.  I think the whole thing is positioned to pump up the stock of both companies and "put them in play".  My 2 cents.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote morton(pa) Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 9:39pm
Originally posted by Byron WC in SW Wi Byron WC in SW Wi wrote:

We'll, I'll be going to Deere if that happens.  I was hoping for a New Holland bi-directional but will wait to see what folds out here.  I can't see this happening though.


Here you go.

They've had one sitting out front of the New Holland plant in New Holland, PA for a few months. I don't know if its still there or not but it looked pretty good.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote morton(pa) Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 9:41pm
All I've to to say is this is bound to materialize even more in a few months....

One of my friends father is an engineer for CNH and my friend is studying to become one too...I'll see if I can do some digging and find out something from someone in the offices...
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Post Options Post Options   Thanks (0) Thanks(0)   Quote morton(pa) Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 9:47pm
Another idea...

Since AGCO's stock has had lackluster performance over the past month, and is auctally down today, maybe it was just a ploy to acclerate their stock again...

After doing some more internet digging....I came up with this...Different source, same info, different article...

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Post Options Post Options   Thanks (0) Thanks(0)   Quote bigal121892 Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 10:00pm
IF agco gets this done, then there will be no chance of an orange tractor again.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote JohnCO Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 10:05pm
If it's like most companies, the employees are the last ones to find out anything.
The bidirectional sure doesn't look much like my old Versatile 160.
How is AGCO going to get govenment permission to purchase CNH when Fiat had to sell that European combine line to buy CNH.  Plus Fiat had to sell Hesston so they could buy New Holland.  If the deal did go down, there is a good chance Buher and Kubota would ramp up NA sales.  You can bet JD won't let this happen with out a fight, I suspect they have a lot of politicians in their pockets.  If nothing else, this could be very interesting to watch.
"If at first you don't succeed, get a bigger hammer"
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Byron WC in SW Wi View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Byron WC in SW Wi Quote  Post ReplyReply Direct Link To This Post Posted: 08 Dec 2010 at 10:13pm
Yeah they couldn't get the hay line for sure.  They'd probably have to sell off the big tractor lines too so maybe IH will come back into existence like Versatile did?   Doubt AGCO would go through that much trouble and loose IH.  Maybe they'll sell off the MF side and AC will come back?  Too many parallel equipment lines.  

Yeah the bi-directional is cool and would work for just about everything I do.
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