The lad from Redhouse holsteins when he gave the presentation to the Kerry holstein breeders club said he doesn,t like to see a VG first calver, prefers them to mature and improve with age.
We are using a lot of Dutch and German bulls now. Stopped using US bulls.
Yellow crash barriers have water drinkers mounted on each one, one drinker does 2 pens, calves just pop their head through from other side
https://www.independent.ie/business/irish/kerry-group-boss-says-hes-open-to-inbound-inquiries-about-irish-dairy-arm/a2008648636.html
Mr Scanlon's nose is getting long. Didn't they claim last time when they were trying to sell the dairy business to Kerry CoOp that they had another bidder.
I d say the price will be too hot.would t be massive interest in West cork
For a moment I thought Wicklow calf company was trying to buy Kerrys milk business. A small moment of laughter
Ye had to look to see which thread I was on
Nice heifer
With the change in Kerry CoOp chairman and after the speech by Denis Brosnan in Killarney, Scanlon know he is screwed and wont be getting his hands on the CoOps millions. I think it would be just what the Irish dairy industry needs for an outside commercial company to buy it, would shake up the cartel among milk processors at the moment.
Are you not worse off with it
How are lads dealing with soiling in cubicles? Spending half an hour brushing them before liming and it feels like I'm only spreading the shite around if I'm being honest
Not a chance I'd say.what would be the price tag?.don't think any outsider is going to be any better than kerry was
Last time they were asking 800 million. But I think Scanlon is desperate to get rid of it. He believes rightly or wrongly it is holding back their share price.
Have you a brisket pipe /board to keep the cows back further on the cubicle bed? What are yiu using to clean them off? An aluminium concrete rake(flat blade) is the best tool for that job. After that ask Santy for a cubicle bedder, you'll start to enjoy the job then!
For a business turning 1.2 billion?
Good luck.i think sort it out amongst yerselves
800m is a crazy figure, at a 3% margin (standard in ireland), thats 36m it would take 22 years to pay back the investment...best of luck to scanlon finding an outside investor
the kerry processing is valueless unless they are selling it with guaranteed future supplies and they cant do that.....our tirlan directors were very weak in this area made us sign MSA prior to buyback and as a result tirlan coop over payed for assets back from plc....all your buying back in second hand stainless steel and we all know how little our parlors are worth after commissioning
icos should stand up and stop these MSA they are working to the disadvantage of coop members and the advantage of plcs
I think 600 million is the ballpark figure at present. Brosnan said in an article a few weeks ago that the milk suppliers had to find there own way to buy it.
His opinion that the present co-op structure is open to court challenge( a,b and c shareholders) as ''A'' shareholders with about 25% of the shares control 90% of the board as well as the impact on other shares if the share % falls below a certain threshold
You have to look at property value as well as ROI. Kerry processing and stores are situated on some very valuable sites if hired off and sold separately. Many of there commercial sites would run onto several million in vulue
The thing is what does it matter to farmers who owns it. Anybody that would buy it would still need milk supply. Perhaps they as you say could cash in some of the real estate but it still would't come anything close to 600 million.
present coop structures open to court challenge.....cant be done, people need to brush up on coop law
coops designed to protect us from outside manipulation and management teams ...coops are governed by rules of coop....ICOS is only recognised body for disputes of any discription....irish court system is irrelevant in coop they have no power or jurisdiction unless ICOS transfers to court for guidence due to lack of competency by members on board on an issue...reverts back to icos to finalise any decision
only active members have the say and thats how it should be if we want to have coops for our grandchildren, coops shouldn't have dry shareholders, dry shareholders had plenty of chances to sell coop shares....holding onto coop shares that cant be traded publicly and where you have no voting rights as your not active is a very risky stance to take......they high risk investors whos investment can go up or down and they have no say.....processing should be bought by coop if a reasonable price 200-350m can be achieved.....tirlan have 180m sitting waiting for investment, if they'll drop to that:)
how much are the property values? thats for a clean field site....your either buying the business based on property values or business as is....business as is to outside buyers cant gaurentee they will have supply to pay for business so property values less cost to clear site is fair price....
The CoOp should get you to negotiate a deal. You would put Scanlon in his box.
Anyway he is so desperate to get rid of it anything is possible.
Tbh only reason for any coop to buy it would be shoring up supply given the way things are going. Get plants running efficiently and close down / sell anything surplus but price would want to be right. Processing is lowest margin part of the business hence why kerrys/ glanbias want to offload it once turned into a plc. Plc gives initial boost to farmers in a the start but once outside shareholders come into play its game over for farmer suppliers
Can’t see any co ops buying Kerry’s milk arm, huge investment would be needed to even maintain current production. Listowel is supposed to be falling apart by all accounts that would need big investment alone to keep going. Even if an outside buyer was found which I highly doubt would happen farmers would be worse off then they are now they’d end up carrying the cost of the new buyers margin after acquisition and investment as the farmer always seems to do.
Well the thing is everything has a value, so it all depends on the price someone is willing to pay and how desperate Kerry Group are to get out.
Ya one of these gives a good clean
every hardware store has one.
Or go bigger
Well you’d imagine Kerry will slap a price on it as they did before that no outsider will pay but will be in ‘negotiations’ to try force the hands of co op in a bid to get co op to take it off their hands.
Anyone else here find that friesian calves will bleed for very little after disbudding? No matter when I disbud them one or 2 bleed. Continentals never do.
That was part of my poorly made point, facilities may not be what interest other coops but the milk pool to keep newly invested in plants running, may not be kerry plants.
There would always be a few. Alamycin spray or some use the aluminum spray post debudding. Fr horns would develop faster than beef breeds from what I've seen so perhaps more blood flow to the area.
So the perfect scenario is a white Knight give the plc its big money,spends big money on plants and pays top price for milk and all the while the cute kerry boys hold on to the kerry shares and even get boost of the sale of the milk division.
Don't see it happening and may not even require any purchase for milk supply to start diverting but milk pool is all that would be wanted by other coops is what I'm saying. Uncertainty in what we'll be allowed do as farmers is the as big a risk for coops as ourselves
