Apache would be the best value around here. €14 for a fresh cod meal in local chipper, not that long ago it was 9 euro.
Ya it's so easy to spend 50 anyway depending on the takeaway. I see macdonalfs is bit cheaper but personally I wouldn't give it to the neighbours dog(and I really don't like the dog)
😬😬😬😬😳😳😳😳🤦♂️some mothers do have them maybe it was washings ....... or maybe its all just made up as they go along 🤔
Was in centra yesterday €5.70 for a whole chicken. Did a few spuds and veg and gravy. 5 of us fed for under a tenner .
There's 5 of us
what we're you getting for 50 in the take away sounds pricy alright
See ballyhaise saying in the journal they spread slurry in January. Closed period until February 1st in cavan
Used to go to a takeaway on way back from football, not anymore. Over 50 euro for a takeaway. Just have to make time to cook at home or get my family to get their finger out
Ya definitely whelan id say ye are delighted to be done from a cost point of view. Hope its running smoothly building costs are mental I don't think I'd tackle it now myself. Got dinner out the other day myself and the missius (just ordinary diner) was dear enough. ......but got a chipper takeaway two evenings ago for myself herself and one other child and it was nearly twice the price of the proper dinners.😬😬😬😬😳😳😳
I see on another forum it was posted there's 25 milk suppliers after exiting in Wexford in the last year. A fairly good guess a good proportion would have been straw bedding as traditional in Wexford with historical the lowest price paid for straw in the country as in a heartland of straw. But the changes in government incentives not to sell straw on price would have meant increases of thousands in euro over a farmer who set up cubicles years ago.
Now they don't have to spend on slurry storage or straw buying or spend time milking cows.
Everything is gone way up in price, even getting a takeaway is gone mad. Glad to have my building work done
So are the farmers/milk suppliers better off with the current setup for as long as it continues despite the findings from the recent survey which had a 55% response rate and overwhelming support for processing control especially among younger milk suppliers. Or if Kerry Coop doesn't buy the processing plant, will there be a 3rd party buyer out there for it, as we all know that Kerry PLC would love to be shot of it. Can't wait to see who it all spins out.
Ya I find the running costs just gone banana's here the last while
Thanks for the historical lessons.. and you're mostly correct. But I never mentioned the plc I don't care about the plc I'm just saying it would be completely mad for farmers to put their own money into buying a very low returns business.............an uncle was involved in the plc and was along for the ride when Kerry really got going. I wouldn't let a red cent of my money be involved in buying plants
Sorry but you are waffling. Kerry group are processing about a billion litres of milk a year. You are claiming that farmers supplying them are underpaid by 8-10c/L. Kerry's milk price is comparable to if not ahead of Tirlan and Dairygold which have comparable milk pools.
Large companies expect about a 20%+, ROI to cover costs. As for dry "B&C" shareholders trusting "A'' shareholders, if they had not revolted a few years ago the A shareholders would have overpaid for the processing part of the business by 400 million by some calculations here.
Kerry co-op is unique among Irish co-op as it created an entity Kerry Group that is worth many multiples of the Co-op its. The value Tirlan pales in comparison and that is with KG at probably a 5+ year low.
It BS to compare the value the milk business has added to the group compared to the growth of the group in the last 40 years. You have to look at tge history and creation of KG.
The 8 small co-op's that formed amalgamated into Kerrygroup. However at the same time many members of these coops ceased milk production for a variety of reasons, mainly because of land type many remained as active sheep and cattle farmers 10-20 years ago.
Farmer often made decisions to give the land one child and disperse the shareholding amount there other children. This lead to the creation of different types of shareholders along with grey market trading of shares.
There was an attempted power grab a few years ago by a cohort of A shareholders. However it had limited backing of even A shareholders especially with the age profile of dairy farmers.
The biggest problem for the remaining shareholders is if the shareholding drops below a certain amount it could trigger a capital gains event that wipes everybody out.
Technically there is no active shareholders in KCC. KCC trades nothing its a holding company who raisin de etre is it shareholding in Kerry Group.
The Co-op are in a very strong position imo... the PLC as u say want rid of it but are stuck with it..... the Co-op can take it or leave it... the longer it goes on the less the Dairy business is worth.... with a dwindling milk pool which could dwindle even more rapidly than expected if derogation is pulled... the Co-op should take their time over this one....
And not just in farming, we are completely out of kilter with most of Europe and further a field.. becoming a very 2 tiered society
I don't want to be negative but this country has let costs run away. It's the small stuff that adds up. Building is a one off that benefits you for forty years. But it's electricity, detergents, straw, and the run of mill stuff that takes the profit and moral out of farming
Lad here was meant to do 9 tanks that were cancelled
It has completely stalled around here know of nobody doing any investments one lad wants to do a concrete tank nobody wants to do it for him.....
Let them supply the others two big coops it's madness trying to buy out a business that nobody wants and either can't or won't pay a competitive price
I have a feeling on farm investment will collapse due to the uncertaintys with derogation, more incorporations, price and age demographics going forward.
What I’ve been told is that the shares will be cut to 5.7, the Co Op has a good bit of cash in the bank too and that’ll all be used also.
Apparently it’s €170 million the co-op will be putting towards the purchase but the purchase of the dairy business will not be by KCC and KCC will actually be getting wound up, there’ll be a whole new entity that’ll be buying the dairy business. That’s all facts now, it’s no pub talk
I think it’s clear as day now previous board members and chairmen stabbed the shareholders in the back and did everything they could to block the shares being spun out back when they were worth something
How will the Coop finance the purchase?
I've seen that just the once but not two together like that
The responsibility for processing should fall back on the coop.
That will be the responsibility of the sharhokders of the coop....not just the suppliers.
All coop shareholder agreements contain the rule that as a sharholder "The coop must collect all of the milk from all of the cows the shareholder grazes in the coop collection area, process and sell it and retur the market returns to the supplier"
Some very good comments here about Kerry Co Op. A few comments from ignorant people too though who know as much about Kerry shares as a pig knows about a holiday.
Just for full disclosure I offloaded the whole lot of my PLC & Co-op shares before they crashed so I’m just an interested observer in all this.
Apparently the buying of the dairy business will come with a 93.5% CGT spin out.
As for the Co-op rule book - it doesn’t matter if it was written 1,000 years ago. Kerry Co-op must abide by the laws of the land. They can write whatever they write in the rule book and it won’t stand up in court. As a matter of fact they were terrified in the finish up when they were cancelling guys shares who were swapping over to Golden Vale because they felt if any of the people who defected over to GV took a case against KCC that KCC would lose and that was from KCC’s own management and is a 100% fact.
Apparently there’s gonna be a big vote on all this at the AGM in the summer and I personally couldn’t care less if they all ate one another at it but my guess would be a deal will be done. The PLC need to get rid of the dairy business and the Co-op will be able to tie up all their loose ends by buying the dairy business. It’s probably the best outcome if everyone is to be reasonable about it
That survey had 55% response rate so I'd say it can be discarded. It's the ones that don't care less that didn't bother partaking. The whole survey was probably conducted as a propaganda exercise in the first place.
The recent survey of Kerry suppliers suggests that they really want control over milk processing and consider this to be extremely important to them. Well they can achieve this objective by purchasing the Listowel plant and facilities with their own funds.
Alot of suppliers like myself couldn't give a rats ass to be honest.
