Anpario Share Discussion Threads

[cerrito] 29/8/2023 13:58

The FT had a big story yesterday on AMR and the dangers it posed. Emphasis more on human consumption but reference to fact that situation not helped with feed animals being pumped with antibiotics.

[cfro] 22/8/2023 12:36

Yes, it's looking like McDonalds and all the other chains are aware they need to change and change quickly..

If i was Mr Edwards i would knock on the door of MCD headquarters and say to them - when you are ready to go here we are..

(Of course in reality it would be the farms/suppliers that need to change. But change has to start from the top and if the likes of MCD only used certified products from certified farms then thats when the real change would happen).

[igoe104] 22/8/2023 11:02

Thanks for posting that Cfro. At the Agm it was mentioned by Mr Edwards, that they felt that marketplace for antibiotics will eventually change by regulation country by country and they have prepared themselves with upgrades in the factory machinery ready for the potential growth..

And funny enough the CFO Mark Wilson, also mentioned that if a company like McDonald's stopped the use of antibiotics, it could be a game changer for ANP..

[cfro] 22/8/2023 10:56

No, this story is very real and very happening..

So, as per the article, Dame Sally Davis - the UK's special envoy on Antimicrobial resistance - helped set-up the investor action group at the Davos economic forum. That includes the Fairr initiative that has the backing of 370 shareholders with $71tn in combined assets.

Other shareholder groups are now involved too like the shareholder commons group and organisations like Finance for Environmental and social systemic change centre.

So there clearly is a big push and moves are definitely afoot..

There is a massive opportunity for ANP with the door being forced wide open it's just up to them to step in...

[cerrito] 22/8/2023 10:35

Yes cfro I saw this and immediately thought of ANP.
To be honest this aspect of Anpario has been rather off my radar for the last few years. I heard more about it 4 years ago.
I went through the AR of Anpario just now and they seem to downplay it.They talk about the solar panels but their discussion on AMR is implicit rather than explicit.
Perhaps in the September 13 interims they will blow the trumpet on this.
If the world economy has been hit by £100tn I would have expected to have heard more on this.Perhaps I read the wrong papers and magazines.
The cynic in me wonders if this is a story to fill the FT on a slow August news day.

[cfro] 22/8/2023 06:31

This is a really good piece in todays online FT (behind a paywall):




Food companies face investors calls to curb antibiotic use on farms

- Awareness about the negative impact of antimicrobial resistance on shareholder returns is growing -

...McDonalds, Yum brands and Restaurant Brands International among others have all had resolutions put to shareholders to vote at AGM's this year. AMR (Anti-Microbial resistance) has cost the global economy £100tn in losses so far..

[cfro] 01/8/2023 06:29

New non-exec appointment. Comes with lot's of experience in the industry..

Just hope ii pay my dividend today..

(Edit - finally coughed up this afternoon.)

[triskelion] 01/8/2023 00:17

Arrived 28/7 at HL.

[keyno] 31/7/2023 17:13

Yes. Also with II.

[cfro] 31/7/2023 14:55

Im with ii and they are normally ok.

Anyone else missing theirs?

[cfro] 31/7/2023 14:48

Who are you with?

[igoe104] 31/7/2023 14:19

I received my on Friday..

[cfro] 31/7/2023 12:36

Tapping fingers....

[cfro] 28/7/2023 16:21

No dividend in my account today.

They are always late every year...

[igoe104] 10/7/2023 18:37

After speaking too the management, I'm very confident of ANP future.

Very impressive management team, for sure...

[bottomfisher] 10/7/2023 17:14

Now that Investec has bowed out, Unicorn AIM VCT has emerged as Anpario's biggest institutional shareholder, upping its stake from 7.82% to 9.30%. The following comment in its half yearly report, is mildly reassuring. "Anpario reported a weaker operational and financial performance in recent months, announcing a 25% decline in its gross profits due to supply chain disruption and significant inflation in the cost of raw materials. Sales growth across Asia, Middle East & Africa, and the Americas has been offset by a decrease in European revenues. Despite this recent setback, the business, remains profitable, maintains a strong balance sheet, offers a broad range of products and is geographically diverse. Your Investment Manager believes that the share price is likely to recover strongly once the current headwinds abate."

[cfro] 10/7/2023 15:05

Investec have sold almost their entire holding then...


(obvious all along it was the institutions using the tender offer to get out)

[keyno] 09/7/2023 16:07

Lord Lee has added to his holding. Mentioned in article in Weekend FT in "Money" supplement.

[triskelion] 29/6/2023 11:31

Processed seed oils and soya which I believe figure in at least some "meat substitutes" plus of course a wide range of other foods have been getting a very bad press as a suspected endothelium inflammatory etc for quite a while now including from qualified medical opinion e.g. Dr Steven Gundry (though he might be a bit too much for some on 'lectins'). So yes I agree there may be some resistance growing to the eat-the-bugs-and-reduce-cow-flatulence propaganda for a dystopian carbon-reduced (non-)future.
Also iirc one or more of ANP's products having oregano derivative is noteworthy: antimicrobial, antifungal and antiviral, and afaik, not subject to attenuation through bacterial, mycotoxin etc resistance building. But something that powerful is potentially not without its own side effects; which I assume the product composition/use recommendations cover.

[cfro] 29/6/2023 08:30

I am looking at sales of around £30m (hopefully slightly over) and they have said gross margins have improved after the one-off whack last year.

As they re-iterate in today's statement they are a well geographically diversified group with operations in many countries along with a range of top-selling products.

That plus the fact that we mustn't forget the industry they operate in - natural animal feeds - is one of both defensive and growth. Eating meat is not going away anytime soon and won't be replaced by vegan products (which thus far have not proved that popular in the West) nor synthetic meats (which if ever comes to pass is several decades away from fruition). And certainly in Asia you could argue that meat eating is on the rise if anything.

The trend is one of natural animal feeds becoming more "mandatory" as opposed to "optional"..

This share is also now become more "defensive" with a low value rating and high dividend yield of around 5% (likely to hiked next year too).

Just a pity that with cash now depleted making a strategic acquisition is going to be that much harder.

[cerrito] 29/6/2023 07:46

When they say market expectations, I am going on the basis that they are referring to the forecast of Shore as per their note this morning of 2023 sales of £30m and adjusted PBT of £2.
9m.
Too bad something has come up and I will not be able to make the AGM as I planned. Welcome feedback from people who can make it.

[igoe104] 23/6/2023 07:00

As a model alot of funds can't operate in bear markets, they are inundated with outflows, as most of their clients are clueless and panic sell when they get their portfolio statements, which forces funds to sell positions. The institutional model only really works in decent markets..

[cerrito] 23/6/2023 06:52

Yes well done to Shore and the BOD for measuring things so well with just a 7pc oversubscription.
Like cfro was not expecting to see such high demand.
If I make the AGM will hopefully have a better view of what investment opportunities they have foregone.

[cfro] 23/6/2023 06:31

Have to say i am very surprised that it was 107% over-subscribed.
However, well done to the management team for pulling this off...

Unfortunately i was a lone voice and i am sorry to see all this money wasted in this way when it could have been used more strategically for an acquisition.

As so many shares were tendered they can't all be private shareholders, there must be some institutions. I guess we will find out who's been reducing in due course.