Old Kerry Co-Op Shares Value

sobs

Would anyone here have any idea how much old Kerry Co-Op shares are worth at the moment? A friend of mine might be selling some soon and I would be interested in buying them
Thanks

networks

about 45euros each,obviously their value goes down every time the stake in kerry plc is shared out!

gledswood

Jan 2010 - Does anyone know how much kerry co op shares are worth now ? How does one go about selling these shares ?

scrowley

The demand has gone up for the shares over the past week or so. supply and demand , price has gone up as well, prob would get 50 euros or close. We trade them in our office. plenty demand.

grass

Anyone know what reox shares are worth ??

Sam Kade

grass wrote: »

Anyone know what reox shares are worth ??

They were worth around €2.25 each last spring. They are impossible to sell now as there is no interest in them.

sok11

Hi,

Looking for some info on co-op shares, price, liquidity etc?

Any advice welcome-

thnx

Shane

Sam Casey

hi would be interested in some kerry co-op shares pm if interested.

scrowley

we help farmers trade shares. They are making around 70 Euros.

Katz83

scrowley wrote: »

we help farmers trade shares. They are making around 70 Euros.

Just wondering do you have any idea what old kerry co op shares are worth at the moment going sell some

5live

Katz83 wrote: »

Just wondering do you have any idea what old kerry co op shares are worth at the moment going sell some

About 90 euro i heard. Would you not be better waiting as there is a vote on share conversion later in the year when 25% of the shares convert to plc shares(possibly with a cash sweetener) if the vote is carried. The last conversion was over 7 plc shares (now at 29 euro) for 1 co-op share iirc so you may be better off waiting

scrowley

Agm tomorrow so will be more known. I didn't here of any of them making 90 euro but did go to over 75.

Katz83

scrowley wrote: »

Agm tomorrow so will be more known. I didn't here of any of them making 90 euro but did go to over 75.

When would they announce that shares were going to be converted. Do you think it be in the next few weeks or would it be more likely next year. If i thought they would convrt them then i would wait. Do you know say we have 250 old shares. Can you split these or would you be better of keeping them all together. They are between me and my ssiter, she wants to sell but im not so sure.

scrowley

I would suspect that the trading in the shares will be suspended tomorrow so you won't be able to trade them anyway.then this proposal will have to be voted on by the suppliers. If they vote for it I would guess that the conversion would happen in maybe sept oct. After that u will be allowed to trade the old shares again

scrowley

If u like u can ring me on my mobile after tomorrow. I will prob know the score 0872689942

5live

Katz83 wrote: »

When would they announce that shares were going to be converted. Do you think it be in the next few weeks or would it be more likely next year. If i thought they would convrt them then i would wait. Do you know say we have 250 old shares. Can you split these or would you be better of keeping them all together. They are between me and my ssiter, she wants to sell but im not so sure.

With 250 shares, 62 would be converted giving (at a 7 to 1 conversion) 434 plc shares and 188 co-op shares. Splitting or keeping the 250 together will make no difference as only 25% will be converted. If the % rumoured is correct AND the two votes needed are carried in favour.

There is a bit of resistance building to the conversion from younger farmers but older farmers are more in favour so i would expect a bit of a cash sweetener as well, similar to the last conversion

Katz83

scrowley wrote: »

If u like u can ring me on my mobile after tomorrow. I will prob know the score 0872689942

It be great if you could just post an update here for me. Thanks for all the advise and info.

St. Finan

What is the current "going price" for Old Kerry Cooperative Shares...grateful for any available info on this.

tomo75

They are being listed on the Aertel page at ~é33. How are they valued at ~é70??

St. Finan

Tomo75 and all: Greetings.

As I understand it, Kerry Group PLC shares are traded/ available for purchase on the "open" (stock) market...that would be their current exchange price...a portion of the Old K. Coop. shares were converted to these "Group PLC" shares in the stock split a while back...that left the largest portion of Old Shares (not converted in the split) off the open stock trade market, but still of value, certainly of greater value per share than PLC, still accumlating dividends, and subject to another conversion in the future (some years off?)...after the conversion/ split, these shares now may only be sold/transfered privately, from one private buyer to another...hence the "floating" value...I guess they did go for Euro 70 and up last year...

Who knows the current score?

moy83

The father sold kerry shares last week and got E32 for the

scrowley

Old Kerry shares traded for the February meeting at 70 euro and that's when plc shares were 26.now they are 33.50. I have alot of shares going in thd paper this week. Will be interesting

St. Finan

Thats (now) 33.5 for PLC...70 last month for old shares...have I got that right? What do you think old shares could be worth now?

scrowley

I was just making the point that the last of them traded at 70 when the price of the plc were 26 in February. I'm not sure if it will affect the price for the next meeting. I have a good few to sell so I'll know how it's going in a few days. I would think it will affect the price. Was going to put them in the paper today for this week. Will try to get it in tommorow. It might be next week now.

St. Finan

Thanks S...you're the best...

Dozer1

Just wondering what Kerry shareholders are doing with the PLC shares now, with the plc shares up at 35 euro its tempting to sell some or do other shareholders think they'll go higher.

5live

Most are sitting on them. Some are selling to pay off bad tiger investments and others to buy land. Land round here is going for 12k an acre so it will take a lot of shares to buy a few acres. But most will sit on them and use them to fund retirement or smooth the farm transfer with children not getting the land

scrowley

Shares have traded for around 82 at the last meeting. Have demand at that money for the next transfer

ciotog8

Has anyone got any idea on the value of Kerry Co op shares as I may be looking to sell

scrowley

Shares at the last meeting traded at 83. Have purchasers at the moment at 82,83.

kerryjack

There good value at that price with the PLC shares heading for the 40 euro , any sign of them exchanging a few more of them