Member Info for DJB67

Norfolk you’ve proven you can list 2 companies that you bet on and lost. Both of which have nothing to do with Ananda, their board or the Med Cann industry. Well done you!

Cookoo, Super and Norfolk all singing the same hymn sheet as Gazzleberry! Hmmm..

They know nothing of the company and can only accuse the company of being a life-style company. They clearly have never seen a real lifestyle company if that is what they think Ananda is. All they do is squeal because they’ve lost a couple of quid by investing without researching. They all thought they could put a couple of quid on red and double their money in a few weeks. If they had researched properly they’d have understood that this was always a long term investment with no revenue for years. They claim there are constant raises. Well yes, of course the company needs to raise cash, because this is an early stage company in development.

My guess is the next raise will come later this year, if not sooner, to fund the next stage of the company development and growth.

What all 3 seem unable to recognise is that highly respected researchers, professors and executives are engaged with the company because they believe the company may have a product that is worthy of investigation. The govt via the NHS England, NHS Scotland, NIHR have now awarded over £11.5m for research into the efficacy of MRX1 and MRX2 with Great Ormand Street Hospital, University College London and University of Edinburgh all leading that research.

All this is evidence that Ananda is making great progress, yet all they can do is fire back that this is a life style company and those of us who post of here are members of the Ananda board. Frankly if wasn’t so absurd it would be laughable.

Maybe the 3 of them ought to gather their thoughts, approach the company either directly or via The Hub on the company website and ask the questions they really want answering. But they won’t do that because they know they are wrong and just come here to throw stones. Pathetic really.

If you have such a low opinion of the board, why don’t you just do yourself a favour and sell up. Just take the loss and move on instead of constantly putting yourself through the repeated pain. Meanwhile we’ll be laughing all the way to the bank in a couple of years!

Sporty and Norfolk are just wind up merchants who know nothing about the company. The evidence is there to be seen in everything they write.

2 on market buys in the last months totalling £113.5k for 25m shares. I take that as a very positive indicator of what is to come.

Add request sent. You should be able to accept.

Willowman - You probably can’t find the group as it’s a Private group as we’ve had loads of issues with bots and spam.

If you post in here with your Telegram username I’ll private message you on Telegram with a link to join the group. I’m owner of the group.

@Lolarose and @DAVID008 - Not sure if you use Telegram but if you do you might want to join the Ananda Investor Telegram Group. If you are interested either 60601971 or I can provide you with a link. There are over 50 us in the group currently and it’s far more active than LSE with chat and information.

I get the point that on the face of it £6m ‘loss’ doesn’t look great, but as you say, it’s a paper ‘loss’. It is none cash impacting, so for me personally it’s a non-issue.

As I said in my original explanation to TsAndCs, I’m not an accountant so don’t fully understand the UK Finance/Accounting standards but having worked in corporate business I am familiar with assets and depreciation. So my thinking, based on the way we dealt with redundant assets, is that there could be something in those standards that says if you have an asset that is no longer used/redundant, that you have to right it down immediately. Therefore, it may not have been a decision they could choose to take, more something they had to do to keep within the standards.

Only just had chance to listen. Really great and very insightful. Good to have something a bit more in-depth and wide ranging rather than the 5 minute Proactive type interview.

Your reaction says it all, so I’m not going to knock you any more and I really hope you make some of your money back.

I feel a little sorry for you and Cookoo. You have both clearly bought shares with little knowledge thinking you could make a quick few quid but now you are in deep and don’t know how to get out.

Wow, Cookoo and Norfolk, you really are showing how little you know about business, accounting and finance is general. So you really think the £6m is a payment to the company or to individuals . I suggest you go read up a little on assets, depreciation and right downs. Maybe then you’ll be able to talk with a least is little knowledge of the subject rather the complete none-sense you are both currently writing. In fact, to save your own skins I suggest you ditch all the shares in any company that you have because if this is the level of your understanding of business and finance then you are only on a hiding to nothing.

@cookoo - If I understood any in that post I might be minded to respond questioning your thinking. Unfortunately though, your grasp of the English language seems to have been left at the gates of the primary school so I can’t make any sense of your gibberish! When making an argument, try constructing sentences that others can understand otherwise we are all going to continue to think you are either a child still learning or just an illiterate idiot.

OK. So in fairly simple terms, the right down is associated with assets in the DJT Plants business that are not currently in use. This includes all the buildings, equipment etc and also the value attributed to the Intellectual Property developed during the 3 growing seasons when they were undertaking the plant genetics work.

The assets were defined to have a 7 year depreciation life but after 1 year they essentially became redundant with the pausing of the genetics and growing work. The £6m is the remaining 6 years of depreciation written off in one go.

Whilst on paper it looks a big number, it isn’t cash impacting as it’s essentially just a paper write down. OK, so they don’t have the same value of assets on their books but I suspect there may be an accounting reason for doing this (I’m not an accountant so don’t fully understand the requirements of accounting standards!)

They have stated that when growing restarts they could legitimately add the assets back onto the books and reverse the right down.

Hope that helps!

TaAndCs - Have you read the Annual Report? If so, you would understand the £6m right down.

Absolutely ISA. Melissa did try coming in here a few times to respond to comments but all she got from the same people was insults and accusations. I think at that point she decided she was wasting her time and she hasn’t been back since. And given the content of this thread, who can blame her.

Norfolk - Where I’m coming from is that I know who 60501971 is, and I know this poster is not a member of the board but a private investor. Like him, I’m sick of time wasters such as you and Cookoo who only come in here on the wind up.

Given the drivel that is posted in here by a few my instinct is to stick to the Ananda Telegram group but I’m loathed to driven out of here by idiots who have no care for the company.

Norfolk and Cookoo say ramping puts them off investing. I’d say Ananda does need or want people such as yourselves.

You either can’t or don’t want to see what the company is doing or you are throwing around false accusations to unnerve people into selling perhaps so you can buy in lower.

Thankfully we can all see what you doing!

Possibly some taking profit if they’ve bought in whilst the sp was 0.2x

2 buys, one for 3.7m and another for 370k shares at exactly the same time, so my guess is they are for the same buyer.

Steady buying over the last 2 weeks. Feels like a few folk are building a decent position.

One question, is todays buyer an institution rather than a PI? There aren’t too many PI’s prepared to throw £22k in a single chunk at 10% over the market price.