Glanbia Share Discussion Threads

[hypocrite] 05/3/2004 02:49

Restructuring complete.....
will move towards rerating in due course....
Still only ADD with the 3 Dublin pundits!!!

[wipo1] 04/3/2004 10:01

Hi Hypocrite,

Results looked ok yesterday, think they beat Goodbody's forecasts. Any thoughts?

[wipo1] 02/3/2004 13:49

Hi Hypocrite -

Thanks for the info hopefully market makers will raise the NMS in London as trading 1000 shares is a bit of a waste considering you have to pay 1% stamp duty.

Any thoughts on results tomorrow?

Cheers

[wipo1] 16/2/2004 19:32

Hi Hypocrite,

How are you getting on?, sorry not been on this board of late, just leaving GLB tucked away for long-term. Noticed Market makers mucking this one about - I am holding for 180-200p.

[hypocrite] 24/1/2004 10:48

http://www.onbusiness.ie/iseq.html

[hypocrite] 24/1/2004 10:29

The ingredients biz and the UK negotiations together may restore this
soon to it's 3 euro plus mark.

[wipo1] 12/12/2003 17:09

Yeah some people taking note at long last. I can see another 10-20% for the patient investor, nice dividends to pick up along the way!

[hypocrite] 12/12/2003 07:59

A trade before open????
That's a first in a long time....
followed by little people's nibbles.....
sounds like worker ants in a uk company
are expecting a deal.....
no one buys in 1000 lots from Ireland....
these are uk pounds...albeit very small lots...
I think I hear a train comin......for sure
somethin's comin!!!
BUT
Caveat Emptor....which means
let the buyer beware!!!

[hypocrite] 11/12/2003 10:43

Goodbody's have gone 144-149
??????????????????????????????

[wipo1] 11/12/2003 09:41

Hypocrite,

Thanks again for the info, much apreciated. Ive not been trading much on the markets of late, being selling a few stocks recently. Still holding all of me GLB though, stock still looks good value to me and I think the company is worth nearer 500 million.

Chart looking like its breaking out!

[hypocrite] 10/12/2003 14:04

US dairy prices rise strongly in November
• The upward momentum in US dairy product prices continued in November. Casein prices (Kerry and Glanbia are exporters
to the US) in the month rose by 19.4%; for the three months to end-November prices rose by 16.8% yoy. Prices for
lactose and products derived from whey (WPC, produced in the US by Glanbia) rose by 28% and 10% yoy respectively;
the average yoy price rise over the past three months was 28.5% and 9.9% respectively.
• While the cheese price softened in the month compared to the highs of the August-October period, it still showed a yoy
rise of 9.6% in November.
• Over past six months prices have rebounded from the depressed levels of the first six months. Year to date the yoy
average price changes are: casein, +2.5%; lactose, +7%; WPC, -5.1%; and block cheddar, +7.5% (since March only).
John O’Reilly

[hypocrite] 10/12/2003 13:54

New year high........208...........
Cant see why.........probably to do with uK action

[wipo1] 01/12/2003 21:10

Looks like Bank of Ireland has increased their stake to 10% from 8%.

[hypocrite] 26/11/2003 08:22

Sometimes the Dub and Lon quotes are in sync,
sometimes not!

[wipo1] 25/11/2003 16:43

A big Broker to Broker trade at 139p today, price not moved!

[wipo1] 25/11/2003 10:05

Hi Hypocrite,

Thanks for the info mate, like you say GLB listing a bit pointless if MMs only want to trade 1000 shares!

It looks fairly quiet for the moment, when are the next results due?

[hypocrite] 25/11/2003 08:30

From ADVFN
Kerry's List of Brokers.
Brokers
Name Activity Type Mnemonic Code
Merrill Lynch Intl Committed Principal Broker/Dealer MLSB SNCSGB2LBIC
Abn Amro Bank Nv Committed Principal Broker/Dealer ABNV ABNAGB22
Citigroup Glbl Mkts Uk Eqty Ld Committed Principal Broker/Dealer CITI SBUKGB21
Winterflood Secs Ld Committed Principal Broker/Dealer WINS WNTSGB2LBIC
Credit Suisse 1st Boston Eq.Ld Committed Principal Broker/Dealer CSFB CSFBGB2L
Goodbody Stockbrokers Committed Principal Broker/Dealer GOOD GDBSIE2D002
Hsbc Bank Plc Committed Principal Broker/Dealer HSBC JCAPGB2L
J & E Davy Committed Principal Broker/Dealer DAVY DAVEIE21

[hypocrite] 24/11/2003 16:51

Level 2 shows that the most Glanbia's one and only UK broker wants to trade
is 1000 shares...proving the point that for any reasonable volume
you have to sell to the Dublin boys......who have 10 times that posted
for Bid and Ask........so you get the small company
action....if there's volume you'll get the price....in between times
you'll be sorely tried!!!!

[wipo1] 21/11/2003 18:29

Yeah I was a bit disapointed with the fall today, hopefully we will see a bounce next week - markets looking a bit flat today.

Have a good weekend .


Craig

[hypocrite] 21/11/2003 16:33

Have a good weekend.....
pity it turned out to be such a disappointment....
if Glanbia's shares were more liquid in london the price
would benefit appropriately......
Down 5p Sterling on foot of a sale for 362 shares to be precise...
at 16:20 pm.....no late reporting trade that I can see!!!......How much does the company pay for this London listing???

[wipo1] 21/11/2003 11:53

Hypocrite:-

Thanks for the info mate, can't blame you for wanting to take some profits. I sold some at 140p just before results then bought back for 129.75p. Market makers are very annoying, and its a disgrace that a company with a market cap as large as Glanbia's is as bad as trying to sell a small company that only worth £20million! Fyffes which has a similar maket value seems to be more liquid, probably 'cause there is more market makers trading the stock.

Share trading sometimes a catch 22, there is little value in the FTSE 100 so therefore you buy small/mid caps value stocks, then you get market makers mucking about with the price when you go to sell them!

I am happy to hold with GLB on a forward p/e of 7 and a decent yield. But it is nice to take a profit sometimes.

I also like DVO in this sector as well.

Thanks for the reply mate.

Craig

[hypocrite] 21/11/2003 10:45

Wipo1

I was not wanting out of Glanbia....I was taking a small profit
on 1/6th of my holding....that is not baling out......
Glanbia is a great company...but understands little about what it takes to have an attractive share price.....much less what it takes to have liquidity in
the most important share market.....of course the Dublin guys would love to keep
it to themselves...who would'nt I suppose.....that's probably why Kerry are valued SIX-EIGHT times more!!!