Agronomics Share Discussion Threads

[hiddendepths] 03/2/2022 09:05

Agreed, the results read well! The premium to NAV is possibly the brake on the share price but it doesn't seem too hard to raise funds in the market at a hefty premium so I don't think that's a downside risk. And as the NAV rises quickly, as I for one believe it will, it seems likely that the share price will anticipate further rapid growth and increase the premium.

Evilblues - I came from an oily background and post most on energy stocks as I am reasonably knowledgeable on the sector. But I've been running my own broadly based portfolio for twenty years now after a premature City burn-out. There have been phases of my having no energy shares at all. At present, though, my weighting there is around 40% as I see quite a bit of upside this year. But I intend to reduce it substantially by year end.

[dougy1] 03/2/2022 08:47

Good set of results. Feels heavily undervalued to me and I only see it rising. My gut is that as the industry gains traction over the next decade or so, this could become the SMT of meat alternatives.

[livewireplus] 03/2/2022 07:45

Interim Results out ...

[evilblues] 27/1/2022 22:23

Hi HD. Had to blink twice to make sure I wasn't on an oily thread!!Can't remember if I suggested you look ANIC at one point or another? Either way welcome!

[hiddendepths] 27/1/2022 20:51

China is taking it all very seriously.....

[thefartingcommie] 26/1/2022 10:39

FOOD & LIFE COMPANIES, Largest Sushi Restaurant Operator in Japan, Announces Partnership with BlueNalu, U.S. Cell-Cultured Seafood Leader
BlueNalu seafood identified as a critical supply chain solution for globally leading foodservice buyer of bluefin tuna

SAN DIEGO, Calif., January 25th, 2022 / Osaka, Japan, January 26th, 2022 -- BlueNalu, a leading innovative food company developing a variety of seafood products directly from fish cells, announced today a collaboration with leading, multinational sushi restaurant operator, FOOD & LIFE COMPANIES Ltd. (TYO: 3563). As a Japanese foodservice leader, FOOD & LIFE COMPANIES (F&LC) operates brands such as Sushiro and Kyotaru and over 1,000 restaurants across Japan, Korea, Taiwan, Hong Kong, Singapore, Thailand and Mainland China.

The agreement focuses on developing a supply-chain solution for bluefin tuna and other sushi-grade products for the multinational sushi restaurant operator in the Asia-Pacific region, where seafood consumption is highest. The companies plan to collaborate on product development and marketing as well as support of a regulatory framework to accelerate BlueNalu’s commercialization in Japan.

BlueNalu and F&LC will focus on the belly portion of bluefin tuna, called toro, as an initial commercial product. Bluefin tuna is a prized species in Japan, where an estimated 80% of the global supply is consumed, and commands premium pricing for its delicious flavor and unique sensory characteristics.

“FOOD & LIFE COMPANIES is a global leader in the sushi restaurant business, and BlueNalu is thrilled to partner with their team to continue the innovative legacy of their iconic brands,” said Lou Cooperhouse, president & CEO of BlueNalu. “Cell-cultured seafood is a supply-chain solution that will have the taste, texture and nutrition that consumers expect, and will not be susceptible to environmental contaminants like mercury and microplastics. By centering our initial efforts on the high-quality toro portion of bluefin tuna, we aim to demonstrate culinary excellence with the most prized portion of the most sought-after fish in the most iconic marketplace for seafood.”

“With the uncertainty of natural marine resources in the future, it is important that we secure a stable supply of seafood in a more sustainable manner,” said Koichi Mizutome, president and CEO of FOOD & LIFE COMPANIES. “We have already been promoting the use of farmed seafood as one of the ways to achieve this, but as seafood demand increases in the future, there will be increasing challenges with our global supply chain. Therefore, we are eager to incorporate BlueNalu’s cell-cultured seafood as we believe it is one of the most promising methods to help solve these issues. We look forward to the progress of this collaboration, and to the future when BlueNalu products can be used as sustainable, delicious, healthy, and reliable seafood on our menus.”

Global seafood consumption is at an all-time high and continues to increase, particularly in Asia. The United Nations projects global population and consumption growth will require 28 million metric tons of new seafood production by 2030. In addition to wild-caught and farm-raised seafood, cell-cultured seafood is seen as a third production method that can help meet that demand.

This announcement with F&LC follows additional collaborations announced earlier by BlueNalu, including agreements with Pulmuone Co. Ltd. in South Korea, Sumitomo Corporation and Mitsubishi Corporation in Japan, Thai Union in Thailand and Nomad Foods in Europe. BlueNalu’s business strategy is to partner with leading multinational companies on market research, regulatory affairs, product design and development, manufacturing, marketing, sales and distribution, with an aim to efficiently and effectively bring BlueNalu’s branded cell-cultured seafood products to consumers worldwide.

To learn more about BlueNalu Inc., please visit www.bluenalu.com.

To learn more about FOOD & LIFE COMPANIES Ltd., please visit www.food-and-life.co.jp/en/.

About BlueNalu
BlueNalu’s mission is to develop great-tasting, healthy, safe and trusted cell-cultured seafood products that support the sustainability and diversity of our ocean. BlueNalu is aligned with the United Nations’ Sustainable Development Goals, a blueprint to achieve a better and more sustainable future for our planet. BlueNalu began its operations in 2018 and is based in San Diego, California.

About FOOD & LIFE COMPANIES
FOOD & LIFE COMPANIES (F&LC) operates restaurant brands such as Sushiro and Kyotaru and is aiming to realize the vision of “Discovering new tastiness, Sharing moments of joy” together with our "COMPANIES" - the various multinational brands in our group. As a Japanese foodservice leader, F&LC operates over 1,000 restaurants across Japan, Korea, Taiwan, Hong Kong, Singapore, Thailand, and Mainland China. In order to deliver safe and delicious food to our customers, we have a responsibility to achieve a sustainable food supply that will last into the future.

[donald pond] 26/1/2022 10:09

I'd say this is pretty significant, the future arriving much faster than predicted https://twitter.com/bluenaluinc/status/1486144358504181764?s=21

[livewireplus] 14/1/2022 09:20

How to invest in the future of food and meat-free alternatives | Daily Mail Onlinehttps://www.thisismoney.co.uk/money/greeninvesting/article-10389889/How-invest-future-food-meat-free-alternatives.html

[livewireplus] 11/1/2022 07:18

Edison Investment Research Limited: Agronomics (ANIC) Initiation - At the forefront of a new agrarian revolutionhttps://uk.finance.yahoo.com/news/edison-investment-research-limited-agronomics-070025291.html

[livewireplus] 06/1/2022 12:22

That article is a bit old but ....Barclays argues that "there is a bigger market opportunity for plant-based (and maybe even lab-based) protein than perhaps was argued for electric vehicles ten years ago."

[livewireplus] 06/1/2022 12:14

Alternative meat to become $140 billion industry, Barclays sayshttps://www.cnbc.com/2019/05/23/alternative-meat-to-become-140-billion-industry-barclays-says.html

[williamcooper104] 06/1/2022 02:03

MeaTech rises after printing world's largest lab-grown steak https://seekingalpha.com/news/3778564-meatech-rises-after-printing-worlds-largest-lab-grown-steak?source=copyToPasteboardMITC - Israeli cellular meat company listed last year on Nasdaq - down c50 percent from listing price

[the big fella] 17/12/2021 15:54

The only advantage is you get a 2 year 30p warrant. I didn’t take up given I can buy the shares cheaper in the open market.

[lionheart79] 17/12/2021 15:51

Balls, I missed the corporate action here. If I'm honest I don't fully understand it anyhow - the cost is 23p but they are potentially worth 30p? What is there relative worth when the share price drops under 23p as per now? Is it foolish not to take up the offer?If anyone would care to school me in the matter I'd be most grateful.

[lennonsalive] 16/12/2021 23:54

I'm shocked and shaking at your response, I may need to down in a darkened room as I am unnerved.Right, what about ANIC?

[williamcooper104] 16/12/2021 20:08

You have to hang any value investing ideas at the door if you're going to ever invest in hyper growth/moonshoots

[septblues] 16/12/2021 17:38

LA - that's one value investing view - there are others

[williamcooper104] 10/12/2021 12:36

And 15 percent is quite low 20 is more normal and sometimes with a 35 kicker for IRRs in excess of 20-30 percent

[nickgrant2] 10/12/2021 12:30

Got round to reading the offer document:

"4. SHELLBAY AGREEMENT
Agronomics announced revised terms with its advisory consultant, Shellbay Limited (“2021 Shellbay
Agreement”) on 6 May 2021. Shellbay Limited is indirectly owned by Jim Mellon, a Director of the Company.
Under the terms of the 2021 Shellbay Agreement:
l Shellbay charges no ongoing management fee (whether fixed or relating to the net asset value of the
Company’s assets).
l Direct expenses incurred in performing the services (including the direct costs of remunerating
employees and/or consultants) reimbursed.
l Performance fee of 15 per cent. calculated on annual increase to net asset value (“NAV”) at 30 June
each year (“Closing Date”) with the highest Closing Date NAV per share for the previous reporting
periods establishing a rolling high-watermark.

.....and so on
"

I have not picked up on this. Does mellon take 15% of any NAV increase then? Looks like it from his fat payment and 3.5% dilution.
Begins to stink even more.

[888icb] 10/12/2021 11:45

Jim Bob 17 as the originator of this thread could you please turn on the rest of the information so we can see the market cap information and the RNS’s. Many thanks.