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Last post: Hardboy, 12 Jun 2024 18:07
I see he's buying the same shares as me.
Started: Troajan, 27 May 2024 14:21
Last post: turnkey17, 1 Jun 2024 20:18
I think we will get a meaty profit upgrade at the agm at the end of June and the stock could be on its way to 3.50
Well it just closed over the 2.80 upward resistance marker. If general markets reverse from the negative sentiments over the last few days momentum will take us over £3
One for "the watch list" For me it is still a Buy.
Started: george100, 20 Mar 2024 11:07
Last post: turnkey17, 2 Apr 2024 09:19
I have been buying too! Great momentum in the business going into this year, I can see it doing well and who doesn't like to help the animals :)
Yes it’s looking like there getting slowly back on track to growing the business again.Looking like this will be good long term investment so i added another 1000 at £2.35 today.
Interesting to see ANP have entered the Dog food sector and fish/ shrimp farm sector. Could be big upside in these markets...
Mastercube®, our 100% natural pellet binder, has been adopted by a European dog food manufacturer following extensive factory trials over a long period. Our sales team are cognisant that there are other similar opportunities in this sector and are actively pursuing these. We were also pleased to receive a European Union complementary feed license through our Irish subsidiary which now means we can market products such as Orego-Stim® liquid directly to vet practises in the region.
And...
Anpario's original technology was a novel chemosensory stimulant for fish and crustacea which enhanced palatability improving the uptake of aquafeed, reducing waste, and thereby helping to protect the aquatic environment. In addition to improving the productivity and financial returns for fish farmers it also has the benefit of allowing more sustainable forms of protein to be used thereby reducing the reliance on fishmeal sourced from wild fish stocks to support aquaculture production.
This technology was originally branded as Aquatice® but commercialisation was halted about ten years ago due to several factors, one being that at the time fish meal was still being included in formulations in high quantities and therefore palatability was not so much of an issue. Secondly, Aquatice® was only available in liquid form which means it needed to be applied at farm level rather than in the feed which is a much simpler method of delivery. In short, we believe the Aquatice® technology was before its time and now with the industry focused on using sustainable feeds such as vegetable or insect-based protein that there is a potential opportunity for Aquatice® to be commercialised. During the last year we therefore developed a powder version for use in feed and adjusted the formulation to suit current regulations. A shrimp trial is planned for later in the year with a global aquafeed producer.
Further to my previous message I note the house broker, Shore Capital, has issued an update today rating Anpario as a recovery play, trading at a 50% discount to their 5 year average EV/EBITDA and have upgraded their 2024 FC by +12% (EBITDA) and +17% (adjusted EBIT).
I suspect the "huge upgrade" to eps which "turnkey17" mentions is partly due to the 20% stock buy back which is only now, and slowly, starting to be recognised by the market, as well as the more favourable forecast trading environment going forward.
Finally, my last word here as I don't post often, I like Anpario as they significantly benefit for the UK's patent box on qualifying worldwide revenue. The benefit a fixed 10% Corporation Tax rate on sales of one of their biggest products, Orego-Stim, and is now extended to their toxin binders. They don't appear to give a breakdown of total global revenue from these products, but from a little research I estimate it probably falls between 30% and 40% and growing. Thus revenue uplift has an outsized bottom line impact.
Started: george100, 20 Mar 2024 10:07
Last post: george100, 20 Mar 2024 10:07
The 2023 results are no surprise, as guided and are the reason the stock price halved. However I am optimistic given the Q4 and forward commentary. It also appears that the buy back of 20% of the stock is not yet recognised by the market whilst I am positively surprised that despite the buy back their cash position is nearly recouped. Their trading outlook, cash position, and a 4%+ dividend, justifies my stock purchases over the last few months which I am happy to tuck away.
Last post: turnkey17, 20 Mar 2024 09:52
Huge upgrades. 2025 estimate is 19.6 pence. Only 12.1 times now and 12.8m GBP of net cash forecast.
Yes another positive statement today took advantage of the recent drop yesterday so bought another 1000 shares at £2.24 just below there tender offer.Good luck .
Me12345 "Think you will see steady return to revenue growth and profits going forward"
Just read the salient (hopefully I got them all) bits of the finals; and it appears you are spot on. The numbers are far from great but their comments about Q4 & the star of this year suggest good times are returning. I expect the market in its current negative mind set to send the sp down today in response to the numbers, but I hope things should slowly recover thereafter, and in 3 months when they update us again I'm optimistic that we'll start to see a real recovery.
Started: Hardboy, 23 Nov 2023 17:40
Last post: ironknut, 14 Feb 2024 17:05
Well that sp recovery did not last long . anyone know why the recent crash in the sp from an already low valuation.
Think you will see stead return to revenue growth and profits going forward taken longer for there markets to start to recover and get inflation costs under control.But have been happy with last 2 updates so back in today bottom draw not expecting fire works just stead progress.
Yes, when ever a company says profits will be ahead of expectations it's good news. I'm a bit concerned that turnover is not going up. The world's population is for ever increasing, therefore the amount of food consumed is going up. As nations get wealthier they eat more meat, so the amount of meat being eaten in going up. One would expect that normal trading for ANP should see sales going up. But it seems that profits are increasing through selling more profitable products, and tightening the belts.
Seems now as if they are on the long road to recovery !
The Chancellor announced lots of things, one was investing in and industrial hub in the East Midlands. I confess I've not researched it very much, but could this benefit Anpario?
If anyone wants to go to the AGM & stay overnight before hand - I have a room you can have, I got so excited about the AGM, tour and meet the directors that I wrote to ask if I could attend then found a hotel for the previous night (Best Western next to an M1 Junction) and booked it and paid for it with reduction for no cancellation, then I realised I had tickets for the Ashes Test at Lords the same day! So I won't be going to the AGM and there is a paid for hotel room perfect for anyone wanting to attend.
If anyone is interested, reply on this discussion board & I'll give you my email address.
Started: Hardboy, 15 Jun 2023 17:18
Last post: Hardboy, 15 Jun 2023 17:18
This sounds to me as if they are trying to get more shareholder friendly. If I can make it I'll be there.
Started: Hardboy, 2 Jun 2023 09:12
Last post: Hardboy, 2 Jun 2023 09:12
Looks interesting, and certainly a way of getting the share price back up a bit. As an existing holder (so not affected if the record date for the offer is already gone) with a guaranteed sell price of 225, and still able to buy under 215, I've just bought a few more. It may only lead to a 5% gain, but I'd be happy if a bank would give me 5% guaranteed for 3 months.
Started: nextdeal, 5 Apr 2023 16:51
Last post: Me12345, 30 May 2023 20:13
Seems to be a falling knife and hard to catch bottoms but this seemed good entry point to buy into and increase on up coming dividend time thinks longer term will come come good and be seen as a great buying opportunity.Good luck all
yes that director buy seems to have restored some confidence. But things are still going to be tough for a while - end users are struggling with rising costs, let's hope the next trading statement will be more positive about the future.
Nice to see Anp and Anic side by side amongst the top risers again
Lotta life left in this old cat! I suppose there will
Be some profit taking at some point, but I can’t see any reason not to get back to £4 if their market rebounds in the second half as forecast Edwards obviously abounds with confidence
Nice to see a good buy from a director
Started: oogleflugal, 21 Apr 2023 10:52
Last post: oogleflugal, 21 Apr 2023 10:52
Many congratulations to all the team at Anpario on this award for sustainable enterprise.
Started: jimbren, 22 Mar 2023 15:56
Last post: jimbren, 22 Mar 2023 15:56
Almost all the news today was flagged in the January update. Massive overreaction today. A weak start to the year but a diversified profitable business with a good cash balance, and dividend up. Incredible resilience demonstrated with sales value actually flat. Cash lower, as guided, but only due to prudent inventory build of key inputs.
Started: ironknut, 22 Mar 2023 09:08
Last post: 4kandles, 22 Mar 2023 12:36
Looks like some bottom-feeding here in the low-200's. Some big buys went through earlier and I'd expect at least a technical bounce. Not a bad bet for a punt at this level IMHO.
The results were pretty much what was expected. Raising the dividend by 5% (it's 7.35p oogle - if you don't want the 0.35p I'll gladly have yours.) shows they are confident that is is a blip rather than a prolonged problem. The commentary on the current year trading is a bit more of a worry, as the demand seems to be weaker for longer.
As long as there is a demand for meat around the world ANP should remain profitable. But rising costs and lower demand (as end users are facing the same rising costs) means it's likely to be tough for some while to come. At current price PE is under 13, yield is approaching 5%, so it looks cheap, but markets are probably pricing in lower earnings. So I agree with Oogle - one to watch.
The results were pretty much what was expected. Raising the dividend by 5% (it's 7.35p oogle - if you don't want the 0.35p I'll gladly have yours.) shows they are confident that is is a blip rather than a prolonged problem. The commentary on the current year trading is a bit more of a worry, as the demand seems to be weaker for longer.
As long as there is a demand for meat around the world ANP should remain profitable. But rising costs and lower demand (as end users are facing the same rising costs) means it's likely to be tough for some while to come. At current price PE is under 13, yield is approaching 5%, so it looks cheap, but markets are probably pricing in lower earnings. So I agree with Oogle - one to watch.
"Fairer price"? Maybe just less expensive but still expensive if growth has gone as the dividend yield can be matched with a term deposit without risk if you stay below the £85k bank guarantee.
Still paying 7p final dividend. Former fd transfers shares into ISA just a few weeks ago. Good example not to follow director share purchases. They are often more clueless about their own company than the punters. This has been rated as a biotech company which is probably unjustified, hence the premium and fall back to reality. The balance sheet looks ok and cash balance is reasonable. This looks like a fairer price but the outlook remains uncertain. One to watch for now
Started: Hardboy, 19 Aug 2022 18:21
Last post: Hardboy, 20 Mar 2023 17:19
"Is that synthetic meat the same as Bill Gates synthetic meat that causes cancer in humans?"
I've heard/read quite a lot about it - the main term seems to be "cellular culture" - I've not heard any mention of Bill Gates. Jim Mellon is behind an Investment Trust called Agronomics which invests in this area.
Someone on Ian King Live was predicting it could be a $500b market within 10 years.
On the other hand ! Think I might wait for results in next couple of days before climbing aboard again
I see Karen Prior took the to switch £35k of stock into her ISA last month . May wish she left a little time lapse between trades but hardly the actions of someone who doesnt expect to make a tax sheltered gain. She is or was the FD. Thought she retired
On the other hand I cant agree that Anp would be finished. Dont know why people get so extreme. There is a balance to everything, and new discoveries can benefit all.
Did you know that eating meat can cause cancer particularly fatty and processed meat? Lab meat could be a far safer option. Free from growth hormones, free from pollution , and free from disease and blood contamination.
Started: ironknut, 9 Jan 2023 16:58
Last post: nextdeal, 1 Feb 2023 20:33
Sadly (from my perspective), you may be right.
Nd
Catching the falling knife is seldom an optimal strategy. I'm waiting for a reversal before buying and even then I'd like some tangible good news first. I can see 330p being hit in the next few weeks. GLA
Inevitably shown as a sell.
Nd
Just added at 378.
Nd
Sub 400 and I'll be in for a few more.
Nd
Started: Hardboy, 26 Sep 2022 19:52
Last post: Hardboy, 26 Sep 2022 19:52
Should be helping
Last post: ironknut, 7 Oct 2021 18:06
Agree below 600p seems a bargain.
Not too bad considering various headwinds. Divi up which is a sign of confidence going forward. Might dip a further toe in tomorrow if sp remains below 600.
Nd
Started: nextdeal, 5 May 2021 18:05
Last post: nextdeal, 19 Aug 2021 12:57
He sold his last shares at 610.
Nd
Don't understand last comment??
What does[did] Chairman know. Seems he got his timing out !
I see our soon to be exChairman is not too optimistic about the future given the rate at which he is liquidating his shareholding.
Nd
Started: nextdeal, 21 Apr 2021 17:39
Last post: Stephen2, 22 Apr 2021 23:08
Yes I do feel that someone is buying every share that comes available
A bit more action today. Something brewing? At least the spread narrowed.
Nd
Started: TaltBong, 13 Apr 2021 21:47
Last post: TaltBong, 13 Apr 2021 21:47
Transfer of 11.87% of ANP's shares from Royal Bank Of Canada to JTC plc. May need to look into what JTC are about.
Started: turnkey17, 26 Jan 2021 22:18
Last post: Stephen2, 31 Mar 2021 17:30
This little unknown company is just starting to get noticed more, so I do expect it to carry on performing.
Me 2 stephen, Think neither of us is sorry.
Yes, I find this company as a good track record and a good dividend track record. I brought this in 2013 and have been sorry that I did.
what a cracking business.. and antibiotics usage will only go in one direction in animals in the long term imho
Started: TaltBong, 17 Mar 2021 07:43
Last post: TaltBong, 17 Mar 2021 07:43
Best operating performance to date! Dividend increased. This company has outperformed my expectations. Have a very happy retirement Peter.
Started: Stephen2, 25 Jan 2021 09:00
Last post: Stephen2, 25 Jan 2021 09:20
Thanks, just read, very good news??
Weekend press tip.
Can anyone please advise me about today sharp rise in this company.
Started: nomlungu, 16 Oct 2020 16:48
Last post: nomlungu, 16 Oct 2020 16:48
Interesting / amusing RNS but the price is too rich for me.
Started: oogleflugal, 24 Sep 2020 09:27
Last post: oogleflugal, 24 Sep 2020 09:27
FD sells, Auditor resigns. I think some kind of comment from the company would be reasonable, other than they are tendering for a new one.