Tirlan share spin out

stanflt

time for voting again for another share spin out

Would I be right in saying that since 2013 the average co op share holder will have received from the spin out over 5000 plc shares over €80000 not including dividends

visatorro

as someone said to me in a former life, its all give give give, these bastards are up to something

kevthegaff

https://www.boards.ie/discussion/2058371368/tirlan-share-spin-out

Would that be from average sized herd?

older by the day

I often used to wonder, how all ye fellows up there had all the fine yards and machinery.

Don't tell me, ye are getting more free money.

jaymla627

https://www.boards.ie/discussion/comment/122669346#Comment_122669346

Somethings going on, just after getting a text from milk advisor wondering why i havent registered to vote, you'd imagen they shouldnt even have access to that information let alone be basically demanding you register

jaymla627

https://www.boards.ie/discussion/2058371368/tirlan-share-spin-out

Neighbour i rent my ground off has gotten 160k worth of shares from it, hasnt milked a cow in 30 odd years, their historical shares anyone milking in the 80's supplying them would have a ball of shares

GrasstoMilk

https://www.boards.ie/discussion/2058371368/tirlan-share-spin-out

we wouldn’t have got the colour of that here in share spin outs

whelan2

https://www.boards.ie/discussion/comment/122669515#Comment_122669515

I got a text on Saturday morning from milk advisor. . Sick of texts from them about it, so I registered Saturday night. Nothing since, just a text from fmp

tripperman

Same here calls every second day till registered to vote, there's something about the whole thing that's very off putting

Siamsa Sessions

I’ve no dog in this race (yet) but a Tirlan supplier sent the following to a WhatsApp group I’m in today

whelan2

Lads ye need to check you got 2 emails, i only got the zoom one still waiting on voting one

Siamsa Sessions

I see Jack Kennedy has come out against it, or at least said "Go aisy a minute lads" in the IFJ editorial this week. His argument seemed to be why would the co-op cash in PLC shares now when they're rising in value?

whelan2

Shares have nose dived since Tuesday

Siamsa Sessions

https://www.boards.ie/discussion/comment/122683056#Comment_122683056

On foot of a major shareholder selling a big lump of shares???

atlantic mist

https://www.boards.ie/discussion/comment/122683048#Comment_122683048

it doesnt really make sense…..we invested in glanbia for the value model…..now were doing a u turn and want a dividends, we had the opportunity at 51% shareholding to look for a higher dividends model but we chose the value model, plenty of value still in glanbia….once they sell of under performing slim fast brand…..the still have all our old coop premises to sell…e.g kilmeaden/snowcream

all our eggs in one basket……were dairy farmers we specialise…..the investment in glanbia is a good low risk investment, they are largest cheese manufacturers in US and are the value added aspect of dairy through whey

maybe i have to many eggs in one basket too, should i sell 10 cows and buy 5 pig and 5 sheep…..should i supply multiple coops is supplying one a risk….

the board and management opened up a can of worms linking coop shares to plc with no vision on where it ended, this is their attempt before they ride off into the sunset, expectation from dry shareholders is that it is a investment company not a coop from their perspective….

having to have a sgm is a good safety control on management on our largest investment, we have a history of both good and bad investments…..also provides stability to plc as 20% of shareholding is going nowhere, as a plc shareholder im happy with stability and value growth

whelan2

Supposedly going to resend links to zoom and voting at 1pm

stanflt

https://www.boards.ie/discussion/comment/122683056#Comment_122683056

I was on the Daviys site on Monday- the offer to buy was 16.81 and to sell was 14.90 which means that there were a lot of shares dumped to be sold

whelan2

Still no voting email for me....

JeffKenna

https://www.boards.ie/discussion/comment/122683615#Comment_122683615

I seem to have got a few different e-mails, not sure what's going on

whelan2

I still have none. They said voting will be open until 4.30 and they might come through by thrn

Say my name

https://www.boards.ie/discussion/comment/122684131#Comment_122684131

Think you may call the support helpline. 056 779 6099

whelan2

https://www.boards.ie/discussion/comment/122684270#Comment_122684270

I have been on to them 4 times. They don't know what's wrong. Got the zoom link but no voting one. By the sounds of things in the background I'm not the only one

Say my name

https://www.boards.ie/discussion/comment/122684284#Comment_122684284

Just after voting myself. They've gone through the whole alphabet of surnames in timed to vote in four groups. A to Z now. Got about three links reminders to vote. It was in the primary section emails on Gmail for me.

Say my name

https://www.boards.ie/discussion/comment/122684284#Comment_122684284

Hardly gone to your daughter's emails?

whelan2

No I got the zoom link, not the voting one.

ozil10

Look at the glanbia plc shate price the last 5 days

Price went to 16.60 then shares sold and drops

Continues on this pattern 4 more times

Then its 15.60 the last day

davidk1394

€15.02 close of business today. I got a text saying the proposal passed

whelan2

I had a few to sell earlier in the week. I told them to sell at 16, they haven't been near it since. I jinxed it.

wrangler

https://www.boards.ie/discussion/comment/122669621#Comment_122669621

I've never milked a cow and have got more than that

alps

How is this spin taxed for farmers?

stanflt

https://www.boards.ie/discussion/comment/122686496#Comment_122686496

capital gains tax if you sell them

tax at source on dividends

alps

https://www.boards.ie/discussion/comment/122686639#Comment_122686639

Ah...I misunderstood. I thought you were getting money from the spin out, you're getting shares.

wrangler

https://www.boards.ie/discussion/comment/122686675#Comment_122686675

It'd be taxed the same or more if we got money. Dividends from Glanbia are alright