Future of first milk

[Married 2 The Mob]

I hear that FM are offering new recruits in the Midlands a years holiday on capital contributions . I think that might anger those who are still paying 0.5ppl .

Can't say I would be much upset really.
One years holiday isn't much.
So long as the eventual aim is for parity with existing members within a reasonable timeframe.
Reading threads about Arla, if I understood correctly. Capital levels can differ widely and they don't appear too fussed?

 

[O'Reilly]

I hear that FM are offering new recruits in the Midlands a years holiday on capital contributions . I think that might anger those who are still paying 0.5ppl .

If anyone in the Midlands is dumb enough to be recruited by FM at this stage, they'll need all the help they can get.

 

[O'Reilly]

I heard they've re - employed the old area manager to recruit new members in the midlands area.

Who was that?

 

[meekers]

If anyone in the Midlands is dumb enough to be recruited by FM at this stage, they'll need all the help they can get.

I would need paid an extra 0.5ppl!

 

[Cuckoo's nest]

Now FM are on the up what are the shares worth ?

Well if you read the Jackanory story book they sent out FM must have lost at least 400 million litres and all these shares could be for sale, who would want or need to pay more than 10p for them ?

 

[PREES]

We are paying more than 10p for C preference shares!

 

[Cuckoo's nest]

We are paying more than 10p for C preference shares!

They have to be sold within 2 years of leaving FM or they disappear, therefore have very limited value as there are a few hundred thousand floating about I would have thought.

 

[supercow]

Get back in your pen @meekers !!!! U will find since ur in the Lake District area ud be getting more than what ur getting currently!!

 

[PREES]

They have to be sold within 2 years of leaving FM or they disappear, therefore have very limited value as there are a few hundred thousand floating about I would have thought.

I think that applies to the "New" Preference shares only.

 

[meekers]

Get back in your pen @meekers !!!! U will find since ur in the Lake District area ud be getting more than what ur getting currently!!

That may be but one swallow does not make a summer! Whats your 12 month average?! Mine is over 21ppl. Give it a few months Supertwat and you'll be back begging Arla to sign you!

 

[supercow]

Ah @meekers uv gone and done it now!!!!!

 

[manfromhill]

Any notice on march pricing I've not had an email

 

[westwards]

I think that applies to the "New" Preference shares only.

I think you will find that the new prefernce shares are the capital you have put in over the last 2 years !! I think the C preference shares relate to the profit made on the sale of the Wiseman shares and these must be sold or will be lost with in 2 years of leaving FM.

 

[westwards]

Any notice on march pricing I've not had an email

There is a Board meeting tomorrow but don't think any increase comming !

 

[PREES]

I think you will find that the new prefernce shares are the capital you have put in over the last 2 years !! I think the C preference shares relate to the profit made on the sale of the Wiseman shares and these must be sold or will be lost with in 2 years of leaving FM.

The c shares represent members capital contribution and the "new" shares are derived from Wiseman's.

 

[Scholsey]

The c shares represent members capital contribution and the "new" shares are derived from Wiseman's.

We left in 2013 and 18 months we were waiting for a refund of our cap contribution, was then told it was delayed and there is nothing we can do about it and it could carry on being delayed for as long as FM need, awaiting a phone call from FM now to see how to go about selling this piece of paper we bought for £28000, anyone want it?

 

[supercow]

@Scholsey no offence but ur sounding like a broken record.

 

[Scholsey]

@Scholsey no offence but ur sounding like a broken record.

Could be worse I suppose, at least we're not still paying into it......

 

[supercow]

Amen to that brother, very, very well played. Who r u with now? I'm not paying into it either! Got preference shares for a few dollars!

 

[Scholsey]

Amen to that brother, very, very well played. Who r u with now? I'm not paying into it either! Got preference shares for a few dollars!

County Milk but converting to organic, supplying Omsco starting in November. Reckon we are around 100k better off than if we stayed with FM in 3 years on 1.2million litres/year.