Bayer was a EUR 100 billion market cap industrial conglomerate that has collapsed big time from a recent high of EUR 120 per share to EUR 73.5 today. There were two reasons. Firstly, the firm is being sued in the US for selling cancer causing fertilizers. Well, actually it’s Monsanto, the world’s largest GMO seed seller and pesticide and herbicide manufacturer that was selling bad products but hey, Bayer is going to buy Monsanto, so Bayer and its investors are on the hook! Next, Bayer announced disastrous results warning of lower full year sales and profit blaming higher integration cost with Monsanto.

The market sent the stock down 5% last week after it dropped 12% two weeks ago as a result of the Monsanto debacle. However, I believe this is where things are getting really interesting. Value investors like to fish in perfect storms. We are prepared to get …