Agronomics Share Discussion Threads

[nakedmolerat] 05/10/2023 16:07

what i posted above is in the original RNS they released

bit flaky

[1chrism] 05/10/2023 15:45

I assumed it is already happening. What is the assumption that it is not happening based on?

[nakedmolerat] 05/10/2023 14:49

There is no guarantee that the Buyback Programme will be implemented in full or that any purchases will be made.

[quepassa] 05/10/2023 10:18

Enjoy.

They recently did a DNA study of a batch of minced-meat produced by a certain industrial-scale slaughter-house in another country destined for the general hamburger trade.

They found that the mechanically-recovered minced meat contained DNA all mixed together from the carcasses of more than 150 slaughtered cows.

I enjoy eating meat but that thought is quite unappetising.

[benny shares] 05/10/2023 08:58

I'll think about it over at Burger King

[quepassa] 05/10/2023 07:40

An issue with plant-based meat substitutes is that they do a good job in attempting to mimic the taste of real meat but it is generally accepted that their flavour/texture is lacking the vital ingredient of naturally occurring fat found in all real meat.

A fast-expanding London based company, Hoxton Farms (non ANIC) has just opened a significant pilot plant to produce lab-grown animal fat which can be used, amongst other purposes, as an ingredient in plant-based meats.

An interesting bridge between the two types of 1) plant-based and 2) lab-grown meats/proteins/fats.


all imo. dyor.
qp

[1chrism] 04/10/2023 19:59

Great news for THIS and ITV. But, this is the opposite of what ANIC do. Companies like THIS, Beyond, etc., make meat substitutes. ANIC companies make meat. So for example , Blue Nalu's Blue Fin Tuna is bioidentical to Blue Fin Tuna.Not only that but unlike THIS, ANIC companies have proprietary tech and as such their products are recognised as novel foods. I can see why people might make the leap to draw comparisons as both create slaughter free products.

[davebowler] 04/10/2023 17:14

22 September 2023

ITV announces investment in THIS(TM)

London, 22/09/2023

ITV today announces its latest Media for Equity investment in plant-based meat business THIS(TM) , its first investment in a food company.

As part of ITV Adventures Invest, its Media for Equity investment fund, ITV has agreed to subscribe for GBP1.5 million of shares in Plant Meat Limited, with the option to subscribe for two additional tranches of GBP1.5 million each, in return for advertising inventory across ITV's channels and ITVX.

UK's fastest-growing food company*, THIS(TM) was founded in June 2019 by ex-meat fanatics Andy Shovel and Pete Sharman as a plant-based food brand for meat-lovers. Following two years of extensive research and development with a team of world-leading food scientists and flavourists, they created hyper-realistic meat alternatives. Its award-winning pork, beef and chicken products are available nationwide at major supermarkets, restaurants and cafes. The range is specifically designed to replicate the taste and texture of popular meat products, including pork sausages, beef burgers, chicken and bacon.

THIS(TM) is the fourth Media for Equity investment that ITV has made this year and it follows architectural design company Resi, pet health and wellness company PitPat, and pain relief brand Flarin.

Sheena Amin, Director of ITV AdVentures, said: "With four new ITV AdVentures investments so far this year, we're really seeing the benefit of using the power of TV to help supercharge brands at a scale-up stage. As the fastest growing plant-based brand in the UK over the last two years, with broad retail distribution and strong product innovation, THIS is very well positioned to continue its strong growth within the plant-based meat alternatives sector. We expect consumer demand for conscious consumption to continue to grow and with a broad set of products at attractive price points, THIS is the perfect brand to help make conscious eating accessible to all. With such a distinctive brand personality, I am confident that THIS' upcoming TV campaign will stand out from the crowd and help the brand become a worthy household name."

Andy Shovel, Co-founder and Co-CEO of THIS(TM) added: "ITV is a media powerhouse, and to have them as an investor, especially as their first food business investment, is super exciting. Not only did we get to make the porkiest plant-based TV ad ever, the scale of the investment means that we can reach audiences across the country and get closer to making meat-free the norm."

Launched in 2021, ITV AdVentures Invest is a Media for Equity programme which sees ITV take minority stakes in early stage digital and direct-to-consumer businesses, alongside venture capital investment, in return for advertising inventory across ITV's range of market-leading channels and ITVX. The initiative represents an innovative opportunity for consumer businesses seeking to build scale through TV advertising, alongside a strategic media partner. ITV's diverse portfolio of successful Media for Equity investments include location app what3words, online menswear brand Spoke, wellness brand Feel and Europe's biggest new car buying marketplace Carwow.

NOTES:

1. The investment will be held at its fair value on ITV's balance sheet and will not be consolidated.

2. In the audited accounts of Plant Meat Limited for the year ended December 2021, reported gross assets were GBP15.5m and the net loss was GBP6.0m. The Company is based in London, UK and has 60 employees.

3. This disclosure is being made in accordance with listing rule 10.4.1 as the parties have agreed to certain customary minority rights and obligations, including, but not limited to, drag obligations.

* hxxps://www.alantra.com/alantra-food-beverage-fast-50-2022/

For further enquiries please contact:

Investor Relations

Pippa Foulds [phone]

Sarah Comfort [phone]

[quepassa] 03/10/2023 16:33

Fair point.

You would have expected at least one token purchase so far under their new SBP.

But zippo.

Let's hope it was not just one of those hollow announcements of SBP's where they expected the announcement itself to stimulate the share price

Time to put their hands into their pockets if they are serious - or indeed to announce that they are revising the SBP along the lines of my earlier comments to make it more practicable.

all imo. dyor.
qp

[lennonsalive] 03/10/2023 16:08

So I take it they are going to sit on their hands with buybacks ? Not that I approve in them

[superiorshares] 03/10/2023 05:07

Beware I chrism
Nothing but a sicko vegan pusher

[1chrism] 02/10/2023 07:25

Yes it is. If you read the article carefully you will note that the company has created a synthetic protein to sell to companies to help speed up the process of making cell cultivated meat.

[outsizeclothes.com] 02/10/2023 00:18

1chrism
That Japanese Company isn't growing real meat. It's producing "Artificial meat" or "Synthetic meat protein"
Basically it's genetically engineering wheatgerm, NOT growing animal cell meat.

[1chrism] 30/9/2023 22:39

A company in Osaka (not ANIC), has discovered a process that reduces the cost of making cell cultured meat by 90%https://asia.nikkei.com/Business/Food-Beverage/Japanese-company-slashes-lab-grown-meat-protein-cost-by-90

[nakedmolerat] 29/9/2023 09:50

ANIC seem to have a scatter gun approach of lots of investments in companies and then hope one hits the big time. I wonder if this company will be wound up like ARIX and the money returned to investors.

[superiorshares] 28/9/2023 04:39

Chris has pointed out Bio better
I recall reading about Lab food about 3 years ago maybe?
It was an article stating that one if Europe's biggest food producers had tied up with an Israeli Technology company to research Lab food .
This is not addressed to Vegans but People who actually believe they are Investors?
If one of Europe's biggest food companies with all its resources and money, was investigating the possibility of mass produced Lab food at least 3 years ago . Do you honestly think your tiddly diddly start ups are going to take the world over in the next 12 months ??

Listen to Vegans at your peril .. I would have thought threir obsession is basically a mental health issue.
Regards
SS

[superiorshares] 28/9/2023 04:30

Yes thankyo Chris. Good post
ANIC holders be reminded the bigger story .
Lab food . Includes milk, cheese , yoghurt , meat, leather, products that use animal extract, any medicines that use animal products...
Have I missed any out Chris ?

[1chrism] 27/9/2023 08:00

I'd agree on this timescale also. It depends on scalability and expediency of production. But I also feel that is a necessarily conservative estimate.There are as yet no large scale factories in production. However, BioBetter are building a vast scale factory in Israel (non ANIC). This, from what I understand will be used as a licensing option for other companies.Also, worth noting recent tech breakthrough, Profuse technology (not ANIC) just discovered a process that will enable lab meat to be created at scale in 48 hours. This reduces the process by 80%. This news will be era defining for many companies. Worth noting that ANIC company Mosa Meat I think already have this covered. Effectively the scaffolding for this tech is nothing new, nuances, however are. It is about how to scale and how soon can companies scale.Also happy to remind that for ANIC holders lab meat, although the big news story is not the biggest portfolio story.

[quepassa] 26/9/2023 19:57

keep up the good posts , chris.



nakedmole 2-5 years in my view.

[superiorshares] 26/9/2023 17:42

Quepassa
For those sad enough to read my posts
😀 . They will realise I am very correct 90 per cent of the time .
Check out Stanley Gibbons , Non standard finance , Henderson Far East income , SOHO.
I have recently timed Natwest wrong but my call will be right on that also in due course.
No position here . You can't short it , not a lot to short .
Just giving you criminologist and Sports Scientists my expert knowledge.
Regards
Investors

[superiorshares] 26/9/2023 17:36

Lab grown food will be fed ultimately to the gullible masses.. The Maccie Muncher types and most of them won't know or won't care where it came from .
Regards
Investors

[septblues] 26/9/2023 16:45

Fine dining on one of Musks' space tourism cruises - a tiny fraction of the $250k ticket cost

[1chrism] 26/9/2023 13:18

Spot on. Added to that their will be regularity consideration, especially relating to meat. It is worth reminding ourselves that it is not just the meat. Less media attention worthy is the milk and eggs. That will be the first big hit in return on investment. But that is not until early 2025.Leather also is basically at price parity. And cotton as we know is already happened.

[nakedmolerat] 26/9/2023 11:12

there will be those who will not eat meat, those who will eat lab grown and those who eat meat from a slaughtered animal, and probably a mix of those who eat both

however this all comes down to viability and expense. lab grown meat will need to be cheap enough to roll out to the masses

when will this happen? 2, 5 or 10 years?

ANIC seem to be popular in the market when it was on the up, but now we are back to realism here of a speculative stock that makes no money and is relying on investments to take off.