Recent buy – Archer-Daniels-Midland

Earlier this month I did my analysis of ADM (here). ADM passed 9 out of 10 from the Pollie-code. The Pollie-code only failed at the ROE. And it was a close finish. Considering all the data ADM is a great company.

The stock is down more than 30% YTD. At this moment ADM is attractively priced with a P/E of 12.64. That’s significantly lower than the broader market. All in all I think now’s a pretty good time to add ADM to my Vrijheid Fonds.

Today (December, 28th) I bought 41 shares of ADM at $36.56 per share (incl. fees).

With this buy, I do not add some passive income to my Vrijheid Fonds for this year. The projected dividend income for 2016 for this purchase of ADM is € 39.

I’m not the only one who is buying ADM. Some fellow DGI’s also bought ADM lately.

Again a small step in my journey. And one-step closer to my goal.

Has anyone else invested in this company recently? Any feedback is greatly appreciated!



One thought on “Recent buy – Archer-Daniels-Midland

  1. Team CF

    Congrats on the purchase!
    Subject to what is going to happen with our optional investment property (i.e. if we will be able to purchase or not), we may have some spare capital to invest as well.

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