Tesco plc for SFP

[ford4000]

I have been working on the tractor last few days, gives you time to think. I started wondering what the total value of the British SFP was, it must be a lot. I then started wondering how much it would be compared to other things like the nhs or even Tesco!
so I have just looked it u, and the value of sfp is at 84p to the euro £3,755,000,000 . That's a lot of noughts !! But Tesco's market capitalisation on 15/1/2012 was £24,400,000,000 a hell of a lot more!!
But non the less chaps, if everyone bought Tesco shares with half their SFP, instead of complaining about their power, farmers would own a large percentage of Tesco within 10 years!
I say 10 years because I don't know how much of the sfp is received by farmers and how much is swallowed up by administrating the scheme, and you have people like nestle who receive large amounts etc.
would it be better to own a large percentage of a large established company like Tesco, influencing it from the inside, rather than try to form co-operatives like we are told to do, which would have very limited powers against the large processors, and quite frankly, often go bust or if too successful like milk marque, will be broken up ???

 

[Deereone]

...and for those of us who do not receive a penny of SFP and loathe Tesco?

 

[roscoe erf]

you would need 51% of tesco so how many farmers would it take to own that amount then you need them to all agree good luck with that

 

[uztrac]

The way things currently appearI am sure that the bulk of any SFP will go to paying bills,leaving precious little for market speculation !

 

[ford4000]

you would need 51% of tesco so how many farmers would it take to own that amount then you need them to all agree good luck with that

something in the back of my mind tells me as soon as you own a certain percentage of a company's shares you have to buy the remainder, so you would not want to go over that limit !!! but you would have a large enough share to influence the direction Tesco would go!
And it would not be mandatory to join in

 

[snowhite]

think this one is dead before it started

 

[Robt]

All those farmers agreeing..... Would never happen, approx 4,000 on here and yet still one member is convinced he is right and the rest of us are wrong with our new fangled computers!!!! Ironic....

 

[roscoe erf]

recipe for disaster

 

[snowhite]

imagine getting farmers to spend money that the day it is paid out half the contractors of the country are knocking at the door for ,

 

[ford4000]

But I thought nobody wanted sfp anymore on other threadsnI have read in the past most people can't wait till it go so they must be profitable without it...are they??
.....
Us farmers better prey ukip don't do well in the next elections then because I doubt there will be much money coming our way from westminster, then you will beglad you have invested off farm....in tesco!!!!! LOL!
(this tablet is useless for typing on here)

 

[spanners]

Farmers allready have a 99% share in tesco, Just stop selling them stuff, they will go bust in 10mins

 

[snowhite]

Farmers allready have a 99% share in tesco, Just stop selling them stuff, they will go bust in 10mins

come to france and we can show to ask for a price increase

 

[Jim Bullock]

ford4000...not only will you find that most recipients of the SFP have a list of individals needing to be paid when the SFP eventually turns up...our friendly (b)*ankers are also usually waiting in the wings reducing overdrafts often by the level of SFP received....If I could have hived off our SFP into some non farming enterprise or pension scheme over the last decade I would be very well off... but the reality is that come two months after SFP payment ...and it has either gone on paying bills or has been taken by the bank to reduce the overdraft...
I would love to be able to farm without the SFP...everybody is after the SFP be it the bankers or the land owners (rent) or the input suppliers ....Turn back the clock twenty years and with the benefit of hindsight (a) I probably wouldn't be farming anymore and (b) if I was ...it would probably be on a much reduced scale as I would not have been sucked into this "mad-man" rent competition for land.... and (c) I would probably be farming in France because 20 years ago I had the spirit for adventure which I have recently lost...!

 

[Derrick Hughes]

If you hadn't had the spirit for adventure you would not be in the mess you say you are in, at least you have someone to blame, yourself !

 

[snowhite]

ford4000...not only will you find that most recipients of the SFP have a list of individals needing to be paid when the SFP eventually turns up...our friendly (b)*ankers are also usually waiting in the wings reducing overdrafts often by the level of SFP received....If I could have hived off our SFP into some non farming enterprise or pension scheme over the last decade I would be very well off... but the reality is that come two months after SFP payment ...and it has either gone on paying bills or has been taken by the bank to reduce the overdraft...
I would love to be able to farm without the SFP...everybody is after the SFP be it the bankers or the land owners (rent) or the input suppliers ....Turn back the clock twenty years and with the benefit of hindsight (a) I probably wouldn't be farming anymore and (b) if I was ...it would probably be on a much reduced scale as I would not have been sucked into this "mad-man" rent competition for land.... and (c) I would probably be farming in France because 20 years ago I had the spirit for adventure which I have recently lost...!

Farming is about keeping out an IMAGE , keeping the best side out , they will not want to let others know that if it was not for the pac making up for the short fall they would not be farming

 

[multi power]

i think the op has a very good point, but how farmers would ever agree i dont know

 

[whatnow]

But surely, in the OP's hypothetical scenario, if we all owned a large amount of Tesco shares we wouldn't need to all agree with a direction for them to to take? Tesco could continue as they are, and instead of making more £ at the farm gate, the share holders would make it at the till too?

 

[snowhite]

 

[exmoor dave]

I'm sure some one will correct me if I'm wrong but the supermarkets aren't the best dividend payers. So while in theory you might accept lower farm gate prices which in turn means bigger supermarket prices and thus a better dividend pay out. It only works with a decent dividend.

Of course you could argue that you would hope to see a share value increase over time but that's only any good if you sell them which then means back to square one with no control. Let's face it if times were tough, the first thing most would do would be sell the shares to pay bills. So another idea would hit the dirt.

The only way I could see it working would be for a just for farmers fund set up and managed to achieve the aims of getting a say in the running of a supermarket (s). The fund would need to pay a dividend to keep us all sweet and encourage EVERYONE to pay in. Also it would need to be tricky and laborious to withdrawal your capital to discourage farmers from cashing in at the first hurdle.
We could even get a existing organization like.....dare I say it.....the NFU......actually no scrap that ...to run it.

Didn't ASDA and maybe some of the others start as farmer organisation's?

Sounds like a good idea to me....everyone with me.....thought not!!

 

[multi power]

But surely, in the OP's hypothetical scenario, if we all owned a large amount of Tesco shares we wouldn't need to all agree with a direction for them to to take? Tesco could continue as they are, and instead of making more £ at the farm gate, the share holders would make it at the till too?

exactly , just look at the kiwis n fronterrea