Member Info for idg69

Forgot to add, on reflection I do have one farming friend who is a little bit simple (but definitely not evil), he’s a sheep farmer and to be honest he’s as thick as chum. It costs him more money to rear his animals in food and vet bills than he gets for them in monetary terms at market and he keeps doing it year after year - now you have to agree that’s pretty simple. Definition of foolish I believe is doing the same thing over and over yet expecting a different result. Wishing you all well, including RWT2. Keep the debate coming, makes for a healthy board but let’s keep it cordial and respectful. As Brian once said ‘you’re all individuals, you’re all different’

Morning RWT2, My reasoning behind my investment here is 3 fold and equally weighted between environmental, human health and animal welfare concerns. I would never refer to farmers as either simple or evil and your paraphrasing for exaggeration is not particularly welcome or appreciated. I have many close friends in my local rural community in sheep, goat, dairy and beef farming and they are great people. They do acknowledge though that what they do is not good from either an environmental and an animal welfare perspective, though they question the human health aspects of eating meat. I do feel my ethical stance on animal cruelty is very black and white, I’ll give you that one. We live in a very grey world with far too many areas in the darker shades. As yet I haven’t any investment in RR and I may or may not when I due further due diligence. I also accept that I’m not here like all of us for purely altruistic reasons. I’m trying to secure a better financial future for myself and my family and if Agronomics gets me there and makes the world a better place in the future then it’s win win for us all. Wishing you well but please refrain from paraphrasing and exaggeration it doesn’t help this board isn’t required as my points are what they are and clear enough.

Good for you Gonsan and congrats on the bonus. I'm now waiting for the 7th April before any further ISA top ups. I'd like another 30k shares preferably under 20p and then I'm holding 150,000 shares for at least 3 - 8 years (age 55-60). My next accumulation I'm thinking will be Rolls Royce at anything between £1 to £1.20. I think their nuclear strategy and electric aviation will be transformational. Lloyds could be a good call for a little capital growth with dividends. There's always the New Zealand dairy industry but I think I'll leave that one for braver investors than me. (only joking)

Cheers TwoCents - I note you say a 'former' investor in a NZ dairy farm. Would you be prepared to don your brave pants and invest in the NZ dairy industry today?

Whilst I appreciate NZ has the worlds largest dairy industry, I was referring to the dairy industry in general and not specific to NZ. Americas 2 largest dairy companies I understand have both gone to the wall in the last few years and I'm pretty confident the UK dairy industry aren't laughing all the way to the bank. I'm sure MAZK231 will be able to enlighten us more on this topic.

PF milk will displace conventional milk on cost and quality quicker than we all anticipate I suspect.

Looked like a little flash crash on Google finance. I wish I'd been on the ball I'd have snaffled a few hundred thousand at that price. Just pleased I didn't have an auto sell price triggered at 4p, that would have hurt big time. These weird little market movements reinforce me to never set up auto sells on price dips, you could get badly burnt.

Precision fermentation only needs to disrupt a very small percentage of the industry and the whole thing will topple pretty quickly. Financially the dairy industry is precarious and on a knife edge now, often only propped up by government subsidies. I do feel for the farmers (a little) as they are intrinsically good people doing a bad thing and it’s all they’ve ever known. Good to see a few were diversifying into plant based agriculture but they must have government support as they did when producing dairy. It was an excellent documentary I thought, a good follow on from Cowspiracy, which is 8 years old I believe. Confirms we are definitely invested in the right sector. Would be keen to see ANIC invest in some bio reactor manufacturing in the coming year, there’ll be a lot of money to be made in the ‘picks and shovels’ side of this Agro revolution.

Ah ah - I'm liking the humour!

I thought you were joking and then I looked at the website - you're not!

https://vegconomist.com/food-and-beverage/egg-alternatives/animal-free-egg-white/?utm_medium=email&utm_source=rasa_io

Nice to see ANIC being tipped. Delighted to have caught the bottom and topped up at 13.54 back on the 7th March. 40% up in just two weeks and a lot of positive newsflow has turned around investor sentiment big time. Still 5p off my break even but happier nudging 20p than 13p. Just goes to show how quick things can change. I can envisage many ups and downs moving forward but suspect there will be more ups than downs. Happy to be invested and hoping to hoover a few more up in next years ISA entitlement. GLA all, onwards and upwards.

https://vegconomist.com/cultivated-cell-cultured-biotechnology/opalias-animal-free-milk/?utm_medium=email&utm_source=rasa_io

Stepping closer to commercialisation of animal free milk without FBS can only be a good thing. I still keep seeing articles about cell-ag and the need for FBS, there was one in the the daily rag ( I mean mail) this week kicking back against cell ag because of FBS and it’s wholly untrue. FBS was used in the early days but my understanding is that plant based growth mediums are rapidly becoming the norm. Meanwhile, scientists have found a way of growing stem cell lines without the need for any cell culture media whatsoever, which has the potential to slash the cost of cultivated products.

Would have liked this to stay down around the 5.8-6p mark until mid-April for selfish reasons so I could get a big top up with next years ISA allowance. I've only got £2.47 left to invest this year. The EML charts are pretty spiky to say the least, we could drop as fast as we rise. If the ESIA approval drops then we can kiss goodbye to these prices for good.

Very interesting narrative gents. Your talk does lead me to one conclusion (which I already knew) in that this technology and it's commercialisation is not going to happen overnight but will be a 5 to 10 year plus play. Definitely a share for the bottom drawer - come back in 5 years and see where we are at. On a positive note we appear to have bounced off the 13p mark, let's hope we don't revisit it any time soon.

I'm calling 13p the bottom (for today anyway) Scooped another 10,000 this morning at 13.35p which brought my average down a whole 1p - happy days indeed. That's my ISA allocation for this year spent, will have to wait until April now for fresh funds.

Google showing 14.65p closed after a big chunk of hefty late unknown trades, though I suspect they were selves. Maybe people think they can sell now and buy back later and cheaper who knows. I’m not prepared to risk trading with ANIC but just keep investing. I suspect we’ll open even lower tomorrow morning. This is a 5-10 year and beyond stock and not one for jittery short termers. When the current madness goes away and it will, normality will resume. Though I suspect it will be many months and not days or weeks. We must have hope that world situation will improve and good times will return.

ANIC is invested across 18 (& counting) individual businesses so unless all 18 go to the wall we will always have some value, 0p is not really on the cards. 10p is not out of the question in the current climate, now that really would be an opportunity to average down and top up.

My sentiments exactly Gonsan. Years ago I would have been having panic attacks at this stage but I'm not concerned at all for the longer term future of ANIC and the new industries coming down the pipes. This drop is on world troubles and general market sentiment and nothing to do with the fundamentals of the business. I'll buy another 10,000 before the month end and just be happy that I didn't pay 25p for them.

Does Tiger Woods know that he's featured front and centre on the Eroxon homepage?

I didn't know he had a problem in that dept.

Anybody out there want to predict a bottom for this share? I think 16p is on the cards in the coming days, possibly dropping to 14-15p next week with the continuing European troubles. I’m more concerned for the Ukrainian people than my shareholding right now. A drop in share price pales into insignificance in comparison to their troubles. A desperately sad situation and totally unnecessary. Doesn’t look like the west know how to best tackle Putin without escalating to a full on European war with Russia. Sanctions will hurt his people but not sure he has any compassion for the regular man on the street. A horror of a man to deal with. Coming off the back of a 2 year pandemic the world needed to recover and focus on improving health, commerce and global climate issues and not another war. We all need hope for a brighter future right now and this seems like a massive step in the opposite direction. Wishing you all well idg69

Well that's properly cheered me up, thanks for that RWT2. Though I do see where you're coming from.

Come on Dazzle345, now that's just showing off (only joking) I was envious of Mazk231's holding, I'm properly green with envy at yours and 6p, come on give us a break, that's a cracking entry price. Though it sounds like you deserve a break with your past investment losses. I too have lost some big chunks of cash in the past and also cashed out too early on 2 investments that went on to increase 5 & 10 fold. I won't be making that mistake with ANIC, I intend to hold for 5-10 years depending on prices and personal circumstances.