Glanbia Share Discussion Threads

[l2user] 04/1/2012 10:30

Davy on 2012
Stock-picking in defensive sectors will be key to outperforming market in uncertain environment
04 January 2012
Barry Dixon

[nellie1973] 27/8/2010 07:54

Tipped in press

[bmw30csl] 10/5/2010 18:26

Vote not passed 73% vs 75% needed.

[caveat_emptor] 15/3/2010 07:35

Farmers fall out over Glanbia sell-off
Monday, 15th March 2010 06.52am

A group of farmers who have concerns about the transfer of Glanbia's Irish operations to Glanbia Co-operative Society has contacted the Irish Stock Exchange claiming what they say is a conflict of interest at board level.

Fourteen of the group's 18 board members are nominated by the co-op.

But Glanbia has rejected any suggestions of a conflict of interest, saying an independent committee of the plc board - containing no co-op nominated directors - was formed to consider the proposal.

It said co-op board members would have no involvement in any plc discussions on the issue.

Glanbia said the independent committee, chaired by senior non-executive director John Callaghan, had appointed independent financial and legal advisors.

[caveat_emptor] 11/3/2010 10:08

A buy-out of Glanbia's Irish arm would be a 'win-win' situation for farmers, claims chief executive John Moloney....RTE News!!!

Guess who Moloney will be working for after the sell off?

[caveat_emptor] 11/3/2010 08:57

Self administered pension scheme for the farmers?

[caveat_emptor] 11/3/2010 02:26

Sheepdogs steering the sheep into a pen?

[caveat_emptor] 11/3/2010 02:25

Knickers2

You mentioned that the deficit is near to £100 million in the pension?

[caveat_emptor] 10/3/2010 08:12

Question now is....what premium(loss) are they prepared
to take(write down), on the sale terms to the Farmers Coop to be released
from a business they don't want any more.

If they want to be out of a LOSS making business, they are going to
have to take a helluva loss on it!!!!

With this uncertainty, the shares look expensive!!!

Shades of Greencore, divested of all the Agri business and now
operating outside Ireland making 200000 sandwiches every day!!!!

This share price could go either way!!!

When the dog sees the rabbit, Glanbia will then have no Irish
connections save procurement in Ireland.

Sad...it used to be a premium IRISH company....just like Hibernian
Insurance, now operating it's Aviva customer interface from Calcuta.

I pity small Irish shareholders...they have'nt any muscle....and they do
not understand Globalism.

[knickers2] 13/1/2010 18:13

Pension deficit is between 50-100m
So I'm told!!!

So calculate total liability in these regards of 520-575.

Is it fair to say that is E2 or thereabouts a share?

[knickers2] 07/1/2010 09:47

LBO......you here as well?
That 471m nett debt this morning held my right hand back from the execute button....
Just sent a message to my brokers asking as well if there is a pension fund deficit and how much?

[lbo] 18/11/2009 09:40

Glanbia lowers full year profit forecast

[lbo] 27/8/2009 13:59

Glanbia's profits fall 28pc as ingredients arm falters

[lbo] 18/8/2009 11:46

H1 EPS could fall by 25%

[lbo] 11/8/2009 23:48

Irish-owned firms fight to survive as demand plummets

[lbo] 15/7/2009 13:49

Loss-making ingredients division hits Glanbia profits

[lbo] 14/7/2009 09:54

Glanbia warns it is now 'loss-making'

[lbo] 02/7/2009 21:42

THE Competition Authority has confirmed that retailers are pressuring suppliers – including the top Irish food firms – for better deals.

[lbo] 30/6/2009 21:06

Milk prices fell by an average of 27pc in one year, revealed a European-wide survey.

[lbo] 29/6/2009 11:26

Irish dairy industry facing an unprecedented crisis

[lbo] 24/6/2009 15:41

Glanbia to close seven branches

[lbo] 22/6/2009 21:11

EU farmers' protest turns violent in Luxembourg


LUXEMBOURG (AFP) - European farmers protesting the fall of milk prices clashed with police outside the venue of an EU farm ministers meeting in Luxembourg Monday



Farmers say the price of milk per litre is now 20c, yet it costs 27c to produce

[lbo] 13/5/2009 22:56

Dairymen demand blockade of Tesco
Milk suppliers call for urgent action to halt supermarket price cuts