Email of the day on Monsanto
Comment of the Day

August 18 2017

Commentary by Eoin Treacy

Email of the day on Monsanto

Trust all’s well with you and your family. Thought you might be interested in the article below as reported on Bloomberg. 

Eoin Treacy's view

Thank you for this article which may be of interest to subscribers. There appears to a be a drumbeat of discontent rising against the products pioneered by Monsanto from a vocal and active environment lobby. The revelation that it unequivocally attempted to bias scientific findings is not positive news not least because of the pall it casts over investor sentiment. 

I wonder whether the price Bayer is prepared to pay for Monsanto fully discounts the cost of potential litigation that could arise from such revelations. Bayer has returned to test the region of the trend mean following a sharp pullback and will need to find support soon if recovery is to be given the benefit of the doubt. 

This article from science.slashdot.org carries some additional information. Intertek is listed in the UK and is one of the original cast of Autonomies, dominating the certification sector. The share has surged higher this year and is now looking susceptible to mean reversion as it tests the psychological 5000p level. 

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