Cefetra in Trouble?

[Encal]

BayWa share plummets - restructuring consultant hired

The crisis at BayWa has worsened once again and sent the Munich-based agricultural group's share price plummeting. The share, which is listed on the small-cap index SDax, fell by a...

www.marketscreener.com

 

[Chae1]

Seems to be few threads about this. Started by people from the "Trade"

 

[Widgetone]

Seems to be few threads about this. Started by people from the "Trade"

I noticed that too.
Dog eat dog?

 

[Neddy flanders]

When they appeared on the UK scene their major publicity point was the strength of their parent company.

 

[Chae1]

There's no mention of Cefetra in both articles?

 

[PSQ]

There's no mention of Cefetra in both articles?

 

[Barleybob]

CEFETRA grain in the will make up such a small part of the Baywa group it won’t be worth mentioning

 

[Encal]

CEFETRA grain in the will make up such a small part of the Baywa group it won’t be worth mentioning

Cefetra UK doesn’t just cover grain though, the feedstuff side is a significantly larger part of their business.

Question is, if this is still hanging over them when it’s time for any contracts you have with them, will you supply with the possibility of not getting paid? There’s a section in the AIC contract that allows you to withhold supply if there is doubt.

 

[Barleybob]

Cefetra UK doesn’t just cover grain though, the feedstuff side is a significantly larger part of their business.

Question is, if this is still hanging over them when it’s time for any contracts you have with them, will you supply with the possibility of not getting paid? There’s a section in the AIC contract that allows you to withhold supply if there is doubt.

Yes I gather that they are a major feedstuff supplier however I think those that were asking are more concerned re cefetra grain.

 

[teslacoils]

Question is, if this is still hanging over them when it’s time for any contracts you have with them, will you supply with the possibility of not getting paid? There’s a section in the AIC contract that allows you to withhold supply if there is doubt.

Which section is this?

 

[farenheit]

Which section is this?

28

 

[Encal]

Yes I gather that they are a major feedstuff supplier however I think those that were asking are more concerned re cefetra grain.

All under the same accounts.

 

[Happy]

CEFETRA grain in the will make up such a small part of the Baywa group it won’t be worth mentioning

Maybe so but €5.5 Billion in debt at end of 2023 and a 52% drop in share price since then would still give me slight cause for concern if most of my malting barley was on contract there.
Pretty much all of it moves in a one month window with payment month following.
That an awful lot to potentially be sitting out on if it did all go pear shaped.

 

[teslacoils]

28

Does that include a doubt element now? I thought the criteria there were due to very clear actions having occured.

 

[Chae1]

Maybe so but €5.5 Billion in debt at end of 2023 and a 52% drop in share price since then would still give me slight cause for concern if most of my malting barley was on contract there.
Pretty much all of it moves in a one month window with payment month following.
That an awful lot to potentially be sitting out on if it did all go pear shaped.

Be a fair few in our area on Cefetra contracts.

We don't have any, but put a few loads to them last harvest.

 

[Encal]

 

[Brisel]

I assume you work for a competitor to Cefetra?

 

[Rnold]

I assume you work for a competitor to Cefetra?

You are right, Brisel. Somebody here needs to put their name to this post and declare an interest.

 

[Encal]

No one wants to anyone go under but it’s only fair to report when there are concerns so farmers and consumers can make educated choices.

None of the information on this thread is hearsay.

I hope whatever issue is resolved and it is business as usual because we need as many merchants as possible so folk have choice.

 

[Chae1]

No one wants to anyone go under but it’s only fair to report when there are concerns so farmers and consumers can make educated choices.

None of the information on this thread is hearsay.

I hope whatever issue is resolved and it is business as usual because we need as many merchants as possible so folk have choice.

Who do you work for?