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Frazz say someone had 10k of shares with glanbia 10 yrs ago, what are they worth today and what divident would they have received. Curious!

Panch18

kevthegaff wrote: »

Frazz say someone had 10k of shares with glanbia 10 yrs ago, what are they worth today and what divident would they have received. Curious!

Don't do it to yourself Kev!!!

milkprofit

kevthegaff wrote: »

Frazz say someone had 10k of shares with glanbia 10 yrs ago, what are they worth today and what divident would they have received. Curious!

10000 shares
2005 glanbia PLC 2.50 ,,,,,25000e. now 17 e ,,,,,170000e
1998 50cents?????

Greengrass1

milkprofit wrote: »

2005 glanbia PLC 2.50 ,,,,,2500e. now 17 e ,,,,,17000e
1998 50cents?????

Some very lucky farmers around

Deepsouthwest

Got a letter here the other day saying I need to spend another €14k on shares if I want to produce the same amount of milk as last yr. Have already spent €9.5k on shares two yrs ago. Feelin a bit hard done by, most of the shares were given out in my coop between 2002 and 2006, based on milk supplied in those yrs. Had a depopulation with BSE in 2002 here, and only went back milking cows at a reduced rate 2 yrs later, took me 3 yrs to get cow numbers back up to pre BSE levels, therefore missing out on most of the shares. Would I have case for force majeur?

Deepsouthwest wrote: »

Got a letter here the other day saying I need to spend another €14k on shares if I want to produce the same amount of milk as last yr. Have already spent €9.5k on shares two yrs ago. Feelin a bit hard done by, most of the shares were given out in my coop between 2002 and 2006, based on milk supplied in those yrs. Had a depopulation with BSE in 2002 here, and only went back milking cows at a reduced rate 2 yrs later, took me 3 yrs to get cow numbers back up to pre BSE levels, therefore missing out on most of the shares. Would I have case for force majeur?

Surely.

Can't be too many in your position. A longer period to achieve the required number would seem reasonable to me

Milked out

Deepsouthwest wrote: »

Got a letter here the other day saying I need to spend another €14k on shares if I want to produce the same amount of milk as last yr. Have already spent €9.5k on shares two yrs ago. Feelin a bit hard done by, most of the shares were given out in my coop between 2002 and 2006, based on milk supplied in those yrs. Had a depopulation with BSE in 2002 here, and only went back milking cows at a reduced rate 2 yrs later, took me 3 yrs to get cow numbers back up to pre BSE levels, therefore missing out on most of the shares. Would I have case for force majeur?

Surely, did your milk manager have any idea? Would you need it straight away? In dairygold they take 0.5c/l off you until your up to minimum shareholding

milkprofit wrote: »

10000 shares
2005 glanbia PLC 2.50 ,,,,,25000e. now 17 e ,,,,,170000e
1998 50cents?????

I take everything back i said about glanbia, where do i sign:$)

milkprofit wrote: »

10000 shares
2005 glanbia PLC 2.50 ,,,,,25000e. now 17 e ,,,,,170000e
1998 50cents?????

whats the story though if you go to sell, is it 40% cgt?

Brown Podzol

whelan2 wrote: »

whats the story though if you go to sell, is it 40% cgt?

33%. A lot less than income tax. Why would you sell unless you seriously needed the money now. By not selling now the cgt you don't pay now will still be there in shares gaining value into the future.

Brown Podzol wrote: »

33%. A lot less than income tax. Why would you sell unless you seriously needed the money now. By not selling now the cgt you don't pay now will still be there in shares gaining value into the future.

no not selling, they are to pay for kids college-hopefully- was just asking

keep going

milkprofit wrote: »

10000 shares
2005 glanbia PLC 2.50 ,,,,,25000e. now 17 e ,,,,,170000e
1998 50cents?????

I always say im right even when it appears im wrong, around 04 or 05 I suggested that carbery should buy glanbia at a coop board meeting and was laughed out of it.the reason I remember was that glanbia shares were 2.50 at the time.i must admit at the time the property values were part of my thinking but it sure looks like it would have been a good move

milkprofit wrote: »

10000 shares
2005 glanbia PLC 2.50 ,,,,,25000e. now 17 e ,,,,,170000e
1998 50cents?????

The value of your shares can go up and down look at fbd

leg wax

we sold our shares last time and it was the best move ever,we bought entitlements instead, we now get a payment every year and have them to sell if we want, share value you have to increase a dam lot to justify keeping them here. but then again some one here will tell me diff.

the money mentor's article in the farmers journal this week is about selling glanbia shares

farmerjj

I know more now about a co-op I,m not involved in (glanbia) than my own one, would it be worth while starting a new thread for those glanbia folk?

Panch18

whelan2 wrote: »

the money mentor's article in the farmers journal this week is about selling glanbia shares

Most of these idiots don't have a clue what they are talking about, paper never refused ink.

There was a story posted on here before the first Glanbia vote saying that the share was vastly overvalued (I think it was 7 something at the time) and that the real value of Glanbia was around 2.50. Thing is this was just a regular jackass behind a computer screen, answerable to nobody, yet giving his opinion like he was Warren bloody Buffett.

You've got to follow your own instincts, or Warren's!!

milkprofit

whelan2 wrote: »

The value of your shares can go up and down look at fbd

And what happened in the board room

jack o shea

so lads do you overall own less valus shares after the spin out? and why was all the headlines in papers and stuff saying glanbia farmers in big cash windfall and all that crap?

keep going wrote: »

I always say im right even when it appears im wrong, around 04 or 05 I suggested that carbery should buy glanbia at a coop board meeting and was laughed out of it.the reason I remember was that glanbia shares were 2.50 at the time.i must admit at the time the property values were part of my thinking but it sure looks like it would have been a good move

We'd be on the pigs back now with milk price

jack o shea wrote: »

so lads do you overall own less valus shares after the spin out? and why was all the headlines in papers and stuff saying glanbia farmers in big cash windfall and all that crap?

225 plc shares valued at c&4000 for every 1000 co op shares and only loosing 76 co op shares. Wouldn't be crap in my world.

frazzledhome wrote: »

225 plc shares valued at c&4000 for every 1000 co op shares and only loosing 76 co op shares. Wouldn't be crap in my world.

Jepers i was wondering why ye were so secretive! Donthey pay a divident also frazz? We wont see the colour of it unless a takeover happens, is it true one farmer has a million euros worth of shares?

kevthegaff wrote: »

Jepers i was wondering why ye were so secretive! Donthey pay a divident also frazz? We wont see the colour of it unless a takeover happens, is it true one farmer has a million euros worth of shares?

The spin out was very well publicised so no secret.

Regarding individual share holding I've no idea of people's holding. The underlying value of a co op share is €55 or so but that would involve a take over or complete sale. This is based on total value of plc divided by co op shares.

So yes some would be very wealthy

Yes Dividend paid, happens to be co ops income

Stratroy down to 29.5c now . Not good at all.

glanroy wrote: »

Stratroy down to 29.5c now . Not good at all.

Is that base?
Is that first drop?
We're all hoping for an end to this

Thats base plus vat plus whatever bonus on top. So you could get 31.5 then with scc bonus and tbc and fat and protein .E200 less in other levies as well compared to the last co-oop.

They dropped it 1c from march as well.

wats the craic

glanroy wrote: »

They dropped it 1c from march as well.

there was no drop in strathroy milk price in march .

there was no drop in strathroy milk price in march

I know that . I said from march , which means there was only a drop in April