Agronomics Share Discussion Threads

[1chrism] 26/6/2024 10:32

Some salient points made. It really does make little sense to lean on poor share price performance considering: most if not all companies in the portfolio are not in revenue and have regulatory approval concerns. If the share price was thundering ahead it would be the sign of a pump and dump. And of course ANIC is living like all of us through a no growth period when it comes to fundraisingQue, I do think you have useful things to say on the structure of ANIC but of late you have become a bit circular in your criticism and awkwardly personal in your responses, especially for someone who has displayed the capacity to be rational. But as you note, ADVFN is foc and as such is maybe not the place critical verve.That said, the two new contributors (I think new) seem well focused on the individual challenges of the portfolio companies and their specific area of cellular agriculture. This is hugely useful when thinking about what to focus on re share price target, timelines and threats to growth.

[quepassa] 26/6/2024 10:07

1.

you don't make sense.

either it hit 35p or it didn't.


Well did it? Or didn't it?



I think that you do not understand the fundamental difference between PRICE and VALUE.


Remember the old saying " PRICE IS WHAT YOU PAY, VALUE IS WHAT YOU GET".


The share may, in my opinion, have been grossly overvalued at 35p by the market at that time but the price was then undeniably 35p .




2.

Let's hope the share price recovers significantly - maybe if management had kept their word and executed the Share BuyBack Program, the current price would now be much different.

By not carrying it through, they have in my view shot themselves in the foot and completely undermined investor confidence.

I hope the share price gets back to the January level of 12/13p quickly but I think there is an equal chance of it tumbling another 50% to 3p.

Hope it works out for everybody.

GOOD LUCK ALL.

ALL IMO. DYOR.
QP

[nanopayments] 26/6/2024 08:52

Huh? No, it clearly wasn't the truth as the share price didn't remain at that level.

[quepassa] 26/6/2024 08:25

yes, of course it was the truth.

down 83% since then.



That shouts its own story.

[nanopayments] 26/6/2024 08:19

When the share price was trading at 35p in May 2021, was that also the truth?

[quepassa] 26/6/2024 08:19

THE SHARE PRICE DOES NOT LIE.

[quepassa] 26/6/2024 07:39

Rather than Shakespeare, here's a quote from the aptly-named 70's book and film, The Six days of the CONDOR.


"In this business, you never know if the people you're dealing with are just playing their roles or actually believe what they're saying. That's the danger".


The share price however speaks the truth.


all imo. dyor.
qp

[peterrr3] 26/6/2024 07:00

I agree QuePassa that mutual backslapping can be a dangerous illusion so fully welcome anything concrete that stacks up against it. I see regulatory blocks and commercial risks, but a lot of bipartisan government financial support and now buy in from global food producers which I don't think can be ignored. I don't want to tie up capital but am comfortable adding on the way down. Made plenty by adding at the bottom, most recently in the equally misunderstood GROW and I expect to do the same here.

[nanopayments] 26/6/2024 06:07

Like everyone here, I'm disappointed by the performance of the stock, although it doesn't bother me too much as I don't need the money from this investment in the immediate future, so don't need to sell. What interests me more, is how the individual companies in the portfolio are executing. The ones that have reported recently seem to be executing well. There's a credible path to market and product sales and ultimately profitability. If that happens, and it probably only needs to happen for 2 or 3 of the holdings, the stock won't be trading around 7p a share. I would actually be a lot more concerned if the stock price was flying and I felt the individual companies were poorly managed or not making progress.

[quepassa] 25/6/2024 17:53

well I won't waste my time looking that up.


And you have to ask yourself just why talking about the disastrous share price performance on this bulletin board would be considered off-topic by anybody......

...you don't need to be a rocket-scientist to work that one out.

dearie, dearie me

[1chrism] 25/6/2024 17:39

As you have steered us off topic, I am reminded of a line spoken by Lady Gertrude in Act three Scene two of Hamlet

[quepassa] 25/6/2024 16:48

stepped up??

I don't think so.

what? some glib mutual back-patting on the ever-so-rosy outlook as the share price plunges into the 6p arena.

hardly credible... especially for someone who recently stated that their average purchase price was 12p

[halfpenny] 25/6/2024 15:58

Falling again this week so How Low when they declare its a LOST cause.

Wot a mess.

HOW LOW HOW SOON !! when they give-in!!!.

[1chrism] 25/6/2024 13:46

An overview of precision fermentation process with some great insight i to feedstock (the raw material used to help transform microbes in the fermentation process).https://worldbiomarketinsights.com/the-most-sustainable-feedstocks-for-precision-fermentation/Also Some great points in last two messages. I agree Liberation CEO Mark Warner is more than a safe pair of hands but I would be more surprised if once built there will remain noregularity burdens in the sector, especially for the Bs they 2B. Jim Mellon suggests businesses are already forming an orderly queue but I think we will have to wait till after the next funding round closes (September maybe at latest) before we know more about uptake.The conversation has stepped up in here of late. It used to be peppered with users talking about their local butchers. Nice to have some brainpower in the thread.

[peterrr3] 25/6/2024 09:09

Apart from the strong IP suite, one thing that I like about Onego is that they have gone lean on the capex which is impressive in Finland, retrofitting existing industrial space to be production ready.As for Liberation exposed to small caps, I thing the CEO is tough old school and won't be accepting any IOUs.

[halfpenny] 25/6/2024 08:36

Falling again this week so How Low when they declare its a LOST cause.

Wot a mess.

Fake meet will never succeed.

Juicy Stake and chips
Roast Beef and Yorkshire Pudding
Crispy Pork with apple sauce
Roast Leg of Lamb with mint sauce.

What is there not to like Yum Yum!

Bet All directors Love Meat!!!

HOW LOW HOW SOON !! when they give-in!!!.

[peterrr3] 24/6/2024 16:34

I had an earlier look at the job spec of somebody to take charge of the bioreactor and it is evident there are still challenges in going commercial, but definitely heading in the right direction. It is a real positive that they can service a segment of the palm oil market which doesn't required large scale supply.

[nanopayments] 24/6/2024 15:10

Good presentation by the CTO and CFO. As with Onego Bio, I like the fact Clean Food Group is a B2B company with established relationships with suppliers and potential customers. Most end customers will never know that the fat content of the cosmetics or food they are buying began life in a bioreactor. They have created partnerships all throughout the value chain, with some partners also coming in as investors. A sign of confidence.

Unlike most of the other precision fermentation companies that require purpose-built bioreactors, they have been able to repurpose existing facilities, which will cut down significantly on capex. They expect regulatory approval for cosmetic use of their oil before the end of this year, and in foodstuffs by H2 2026.

[1chrism] 24/6/2024 10:34

Clean food group (palm oil) presentation today at 3pm. Sign up herehttps://www.linkedin.com/posts/agronomics-limited_today-agronomics-will-be-hosting-the-third-activity-7210933824107556864-Sjdq?utm_source=share&utm_medium=member_android

[peterrr3] 22/6/2024 17:05

I am sure they do halfpenny. But if you believe you aren't already consuming the results of precision fermentation every day, you are wrong. Do you grow your own antibiotics on a mouldy lemon, I'm guessing not and these are just one class amongst many. It is actually the same thing as growing protein for food source and there is plenty of market space for both natural and engineered products. I'll eat both like I already do.

[halfpenny] 22/6/2024 16:27

Wot a mess.

Fake meet will never succeed.

Juicy Stake
Roast Beef
Crispy Pork

What is there not to like Yum Yum!

Bet All directors Love Meat!!!

[peterrr3] 22/6/2024 15:15

This is one of the new tech developments to reduce cost by speeding up fermentation time. Nano bubbles. https://insights.figlobal.com/foodtech/ultrafine-nano-bubbles-put-some-fizz-precision-fermentation-market