Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

new fbd proposals

  • 02-10-2011 7:06am
    #1
    whelan1
    Closed Accounts Posts: 11,786 ✭✭✭✭


    does any one understand what they are doing? there is a letter in the journal about it:confused:


Comments

  • #2
    blue5000
    Moderators, Society & Culture Moderators Posts: 12,754 Mod ✭✭✭✭blue5000


    Driving a big green double decker bus round to marts?

    If the seat's wet, sit on yer hat, a cool head is better than a wet ar5e.



  • #3
    5live
    Closed Accounts Posts: 4,438 ✭✭✭5live


    whelan1 wrote: »
    does any one understand what they are doing? there is a letter in the journal about it:confused:
    I think they are trying to clean up the balance sheet by offloading most of the debt, from property/hotel buying/development into a separate company and then floating that with Farm Business Developments eventually owning upto 75% of the new company as a reward for facilitating the cleaning and management of the new company, if i understood what i was told by a shareholder


  • #4
    whelan1
    Closed Accounts Posts: 11,786 ✭✭✭✭whelan1


    ok so i have read the letters page in the journal last week and this week , i think john boylan had valid points but padraig walsh , now this is the same guy that promoted the glanbia deal that was awful , so what to do:confused: i am saying if in doubt vote no


  • #5
    whelan1
    Closed Accounts Posts: 11,786 ✭✭✭✭whelan1


    well my dad went to the meeting, something like 31 for 7 against , mr padraig walsh gave his spin on things , a good few people where afraid if they voted against the company would flop so they where voting yes...


Advertisement