Replies to post #35 on The Global Demographic Tailwind

[DewDiligence]

MON:

This statement [by Carl Casale] does not preclude your suggestion that MON can increase perceived shareholder value by accounting for Roundup as a discontinued operation under GAAP. However, if they made such a change just to increase perceived value, I would consider that as a negative with regard to my personal investment ... I’m not a big fan of fluff antics.

To account for a business as a discontinued operation under GAAP, there must be a bona fide plan to divest the business, so there are no antics involved in such a maneuver.

Carl Casale, explicitly stated that it is MON’s intention to keep the Roundup franchise in the Q&A when he made his presentation to the UBS Best of America Conference on 9/10/09.

I respectfully disagree. The key sentence uttered by Casale (which you posted) is this one:

So the second part of your question long term, if we can stabilize this business at $1 billion of GP…

That little two-letter word changes everything!