TontineCapital

Grant's is also short John Deere (DE). In part for the same reason as CAT, glut of equipment and no demand for new or used equipment. Grant's goes on to say DE will face a swath of credit losses and asset write-downs on its leased machinery if grain prices and agricultural incomes don't increase.

Wow KS to 0184:HK HK$6.67, great entry point. Fundamentals haven't changed. Still way under value.