Kerry Co Op Shares

Your all for being a Kerry plc shareholder....Kerry coop milk processing ltd will be a very important cog for Kerry plc as part of their ongoing success...you seem to want your bread buttered on both sides!!!

According to agriland ,a payment is forthcoming

There’s a payment coming… 5.4c/L

For starters any milk in the forward price schemes isn’t being paid out on. When you sign up to those scheme you forego any future top up payments

So as an example let’s say:

You’d a milk quota of 100,000 gallons

If you supplied 120,000 gallons in a given year you’d be paid the top up for every drop of milk

Let’s say thought you supplied 300,000 gallons of milk

You’d still only be getting paid the top up on 120% of whatever your quota was (in this case we’re gonna say the persons quota was 100,000 gallons)

So basically anyone that expanded a lot post quotas or tied themselves into the fixed price scheme is gonna lose out

Kerry plc price up €3.85 today... markets seem pleased anyway

The other thing is it would appear that the 50 million is to sort out the arbitration, but there are several more years of underpayment after that.

I've been supplying 120000 gallons per year for the past 8 years and I have no quota. I don't see what quota has to do with it. I've still been underpaid for my milk that I supplied in good faith and fulfilled all sides of my contract.

Hardly surprising that they would take the farmers for granted.

You will be paying 3 cents a litre for the next 5 years. And no sign of a new milk contract yet. God only knows what terms and conditions they will come up with.

What I would be seriously indread of is pension deficit and wages of current kerry agri employees .The wages of ordinary employees is eye watering and gone out of hand. Kerry agri while screewing dairy farmers reward themselves handsomely

Farmers were well paid for their product in the 70's. Big difference to now. Lads are asking why should they support this for no reward.

Looks to be as good a deal as will be got. B shareholders will vote in mass for it if the⁹y have any sense as Will any A shareholders with a 100 or more co-op shares. A shareholders will 200 co-op share is looking at nearly 100k being transferred totally to there control.

The top up on milk agreement will mean a lad milking 100 cows provided he has not expanded significantly will see a cheque for 25k+ and he will will be forking out about 5k/ year for the new venture. Kerry group is only getting about 60% of the last deal. They say farmers always drive a hard bargain when they have control.

Kerry Group are insisting on a 5% dividend on the remaining share/value they have in the dairy side. In 2023 Kerry Daries EBITA was 53.4 million but in 2022 it was 70 million. It was sold for 10 time EBITA.

Not Sure how the figures relate to Tirlan. 200ish million of the funding will come from Kerry Co-Op shareholders. Leaving 150 million to be paid for by farmers before the second tranche has to be bought out in 2030. On paper it look OK anyway

there is enough processing capacity without kerry farmers buying stainless steel ,

I don’t need to own the market where I sell my stock ,

Nor do I need to own the milk processing facilities that buy my milk

We don’t need to own the stores that sell over the price goods ,

this is 2025

Time moves on

and if the boys and girls on here , who want their shares converted , could get them liquidated as they have been requesting for years , then they would have no interest , high up or low down what happens to the kerry processing , because they would shop around to sell their product where the be return is .

That’s the truth

But because it has become a complex web of spin , it’s everyone for their own agenda ,

And the shares holders want the exit ,

Doesn’t matter about the milk supplier ,

but it’s in kerry plc interest to have a buyer ,

Why wouldn’t it ,

And what kind of clowns would agree to

1 . not getting pay on all milk produced , farmers have worked hard enough to milk them cows that kerry profited on that milk ,

2 . Every body gets paid before any vote ,

Typical carry on again , put hands on steering wheel

And take off the blind fold please .

So the 15 % haircut will be given out in shares for this new company and we will all own shares in this new company A,B and C

No...look like milk suppliers supplying milk to new coop only... reading the latest agriland article it does look like current ABC shareholders will still be shareholders in new company......

Ya reading that agriland article it said all share holders are going to be treated equally