Morrisons being bought out .

capfits

Member
£2.54 a share.
Personally will vote against for my modest holding.
Needs 75% to be a done deal.
May smoke out another party.
 

2wheels

Member
Location
aberdeenshire
no i wouldn’t agree, getting stock picked up at the farm is the easiest option and is absuotly the reason many do sell that way as that’s what they say , it’s easy and have no time to go to Mart .
all our lambs went deadweight. they went to the butcher and restaurant trade. killout usually 52+%. got fed up of the live ring as it was always the same buyers seemingly carving up the numbers between them and if a new buyer appeared the regulars would run up the price for 1 week to deter the new guys from coming back. got fed up with the auction system.
[/QUOTE]
i should point out (rather belatedly) that i'm speaking about 25+ yrs ago and we did continue to support the mart until circumstances changed.
 

robs1

Member
As a percentage of company value, it’s not terrible - how many of us are in business without a mortgage or overdraft?
Not really followed this story so might be wrong, dont morrisons own a lot of their stores instead of renting,you can bet the new owners will sell the land of and then sell off the rest of the business having made a nice profit.
The high street is dying because of that tactic, sell lunch to pay for breakfast, it put the end to Woolworths doing that.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 80 42.1%
  • Up to 25%

    Votes: 67 35.3%
  • 25-50%

    Votes: 30 15.8%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 7 3.7%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,294
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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