Agronomics Share Discussion Threads

[smackeraim] 31/7/2019 17:19

According to the report, one cell sample taken from a living animal could create tons of cultured beef. The progress in the field of Cultured Meat would prove to be significant as the demand for meat is going to rise by 2050 by approximately 70 per cent.Who are the Players of the Cultured Meat Industry?With the rise in demand of the cleaner version of meat, a lot of companies have stepped their foot into the business and are minting good business. A Few of these include Memphis Meat, Balletic Foods, Clean Meat, New Age Meats, Aleph Farms, Future Meat Technologies, Appleton Farms, SuperMeat, Higher Steaks and Mosa Meat.

[smackeraim] 31/7/2019 16:43

Haha we probably are when AI takes over ! ;-)

[smackeraim] 31/7/2019 14:23

Do you only post negative articles you find or is there some positivity hidden in you somewhere?

[thefartingcommie] 31/7/2019 13:54

fyi.

Beyond Meat Is Dead Meat, Also Other Stocks I Hate
Jul. 30, 2019 8:58 AM ET|


When insiders are selling in a secondary and it swamps the new shares, run!

Pay attention to business models, are they unsustainable? Are they too hard to understand? Avoid them.

The CEO is one of the most important factors not found on the balance sheet. Does that CEO have specific expertise in the business? Avoid the name if they don't.
Psst, hey, wanna buy BYND shares in a secondary? Um, no thanks

First of all, one should not "hate" a stock, nor "love" any stock. Beyond Meat (BYND) is a great product and the company is growing fantastically. It is placing the product at seemingly every burger and donut chain on the planet.

Last night, as BYND posted the expected fantastic revenue numbers, it also unexpectedly announced a secondary offering of 3 million 250 thousand shares. This makes sense since BYND probably needs the funds to power further growth. Surprisingly (not really), 3 million of those shares are from insiders. They are circumventing the traditional IPO lockup to get out. As a cod-piece, they are selling 250 thousand new shares that go to the company.

Normally, I ignore insider selling, loyal readers know I monitor insider activity but concentrate on share buying because people sell for a lot of reasons. Not in this case, insiders are getting out while the getting is good. They are telling us all that this is as good as it gets, so good that they can't wait for the IPO lock-up to expire. Don't let these people "top-tick" you, don't buy this secondary.

Look, I can't blame them really, the stock is selling at a huge multiple of revenue. BYND reported $67 million in revenue last night for Q2. Let's be generous and say that this quarter together with the next 3 quarters they pull in $500 million, their capitalization is $13.5 BILLION, that's more than 27 times revenue! This is not a tech stock which is about moving electronic blips around. This is a processed food company that has raw material costs, logistics, factories, and an unpatentable product with no discernable moat other than a brand. In the food world, BYND is a king with the valuation of a Conagra (CAG) pulling in $9 billion in revenue. Luckily for us, we aren't confined to the food products industry. Please don't be the noob that buys this stock and gets stuck.

Yes, I want you to be ready to buy as the market goes down (if it does). This name is not one of them, the valuation is unsustainable and the insiders are telling you that and they're rushing for the door. This is not the only problem, there is a technical issue; the insiders are putting out 3 million shares of additional float. This liquidity will make it easier for savvy traders to short the heck out of this name. Please JUST DON'T BUY BYND. If you were lucky enough to get in at a lower level, be like the smart money and get out now.

[smackeraim] 31/7/2019 09:03

Took some more. I think they'll sell off some of their historical investments

[mam fach] 30/7/2019 14:26

Even better buy today.

[smackeraim] 30/7/2019 11:39

chunky buying around 9p area here

[smackeraim] 29/7/2019 17:25

What does he say? Sell no doubt

[smackeraim] 29/7/2019 16:55

Post by InvestingGenius at LSE. Robbed for here.---Feeling very positiveToday 14:33Call with Anthony went well today. Really professional guy and extremely driven to make a bang in this sector as the only UK listed company involved in cultured meats and plant based proteins.Expect to see some TR1s start to appear and a new website short term, along with more investments as they look to deploy their cash in exciting companies.When they do any seed investments they will also update the market when another round goes in, which will often be at multiples of the previous seed investment round. So plenty to look forward to on that front as ANIC make more and more investments.PR has only just started and will pick up considerably in the weeks and months ahead. May even see a London Investor evening in the coming months as well which would be good.Jim Mellon and Richard Reed in partiuclar have a fantastic track record and we can be confident they are guiding the company in the right direction to exploit the best opportunities.They also have some legacy assets which they will be divesting to free up even more cash to the balance sheet and keep the business soley focused on this exciting sector.Sure some of the other guys on the call can add to my summary. But im personally very excited about the company and the direction it is going in

[smackeraim] 29/7/2019 10:55

https://twitter.com/lqdinvesting/status/1155773003902443523?s=21

[mam fach] 29/7/2019 09:52

Glad to see share price didn't go bonkers this morning.
Good entry price for anyone who doesn't hold.
Onward & Upward.Only MHO.

[smackeraim] 29/7/2019 08:21

Yep, putting plenty irons in the fire .. only takes one of these to IPO and ANICs market cap is dwarfed

[patientcapital] 29/7/2019 08:19

You can have some of my cattle for that kind of money if you like.

[scotty666] 29/7/2019 08:17

Nice investment I like it, not too far from production and low cash burn. Pretty sure any future rounds of funding will be much higher as commercialisation draws near.

[smackeraim] 29/7/2019 08:16

So, we still have £4 million to invest too ;-) I wonder what is next...

[smackeraim] 29/7/2019 08:01

Beyond meat used to burn a lot of cash as a start up. Guess what, it still does now - yet to make a profit - but has a 14 billion dollar market cap now its floated.

[cf456] 29/7/2019 07:55

"Agronomics ... remains the only UK quoted vehicle offering investors exposure to this rapidly growing sector."

[global nomad] 29/7/2019 07:54

I think if you took the real cost of a normal sausage including environmental costs the gap would be much smaller. This is likely to be the future of food ....but as with all new tech it will take time and money and then others will jump in too.

[global nomad] 29/7/2019 07:54

I think if you took the real cost of a normal sausage including environmental costs the gap would be much smaller. This is likely to be the future of food ....but as with all new tech it will take time and money and then others will jump in too.

[alexios1201] 29/7/2019 07:51

https://twitter.com/Alexios1201/status/1155731893217890304?s=1935p Target

[goodbloke1] 29/7/2019 07:48

Could be commercial by 2021 though!

[tidy 2] 29/7/2019 07:47

2 sausages 290 quid. Thats a very expensive sausage butty. 180k cash burn per month It was an eye watering 2.9k per sausage ..!

[tidy 2] 29/7/2019 07:42

The investment by Agronomics is worth $700,000 (£565,000) and values New Age at $10million (£8million).Agronomics, which is chaired by Innocent Drinks founder Richard Reed and backed by Brexit donor Jim Mellon, is investing alongside New York-based firm FF Venture Capital.New Age, which is raising a total of at least $2million (£1.6million), currently burns through around $200,000 (£160,000) every month for research and development.New Age's first lab-grown sausage cost around $3,000 (£2,400) to make because of the time and processes involved in production.It has since reduced the cost of production but it still stands at close to $180 (£145) for an amount of meat that will make a single sausage. It is not expected to become commercial until at least 2021 and the investment will be used to examine ways to shorten the process.