Glanbia spinout 2021/2

Maybe their hoping with the ads that it will get dormant suppliers to vote

no the plc own that .....dont ask me how

Absolute madness if the coop will have its hands tied regarding where or to whom it can sell its product..

If the co-op suddenly finds itself saddled with financing the buyout from borrowings and then the aware palnt aswell, if it goes through, that's circa 300 odd million of fresh debt, that's going to be paid by the cow, another sidebar re fertiliser prices etc, would it not be prudent to keep any rainy day money to get suppliers over the spring, extend credit etc then financing this deal....

Cheap money is going to be a thing of the past very shortly if china implodes like is been flagged, if the co-op can lock in fixed rates well and good, but if its variable, the sh**t will hit the fan...

its udder madness

we cant sell whey protein in america (96%of ingredients is our whey they add in 4% minerals and charge a whopping premium) or we cant sell our own butter in america as the PLC owns the truley grass fed brand and we cant compete with a customer.....how our management team allowed this is beyond me..suppose to be a clean break but its like a divorse with a heap of conditions....there is a good reson we get paid such a poor milk price and its been dirty antics like this out of the PLC....hope the pension funds take note

jim doesnt seem to be able to stand up for us in these senarios....or doesnt have the vision to create the truley grass fed instead of giving the plc the huge margin and riding the suppliers, he is not the man who should be running both our coop and GI

its a bit of a dirty one siobhan and jim pulled on oranua......its not us the coop or GI selling the truley grass fed brand its the plc so nothing to do with us "they are a customer just like oranua", they think they are smarter than the rest....but they are peddling the bike backwards with annoncement the coop will buy GI without shares...now they will do share buyback.....chairman thinks time is right to sell.....not good for future prospect of plc if he thinks we should sell now....hope is time is up if this fails

White lies re not using shares for purchase on latest information meeting they'll either be sold next year our used as collateral for borrowings, he's lying through his teeth trying to get this over the line, just look at how they hoodwinked liquid milk suppliers who took up the scheme to exit, and didn't receive anything like what was talked about compensation wise, the share buy scheme is serious messing to, and now you realise they had this all mapped out years ago before they announced the split up

Nice little disclaimer, to have, so their telling us lies sorry "cautionary statements....

In reality the idea of a divorce isn't wrong but the timing is just crazy, these zoom meetings and information webinars are gaslighting, their needs to be in person discussion where the likes of Jim Bergin can be pinned down on issues and have to give guarantees/explain himself if he can't...

Their is just to much turmoil in the world now be it on money markets/inflationary pressures that haven't been witnessed since the 70's, along with uncertainties over the aware joint venture to be ramming this through, I'd rather put up with a few more years of the plc been on the scence, just for the fact of the precieved financial security it gives with access to finance etc