Member Info for masterboffin

It may be the case that 7 million was raised (as opposed to the muted 20 million) because there wasn’t the opportunity to invest more into the unlisted companies ANIC wanted to invest in at the current time .I guess in the field of cellular agriculture , being a niche new industry , it’s important to invest in the companies with real potential for future growth . No point investing in any old rubbish . The companies now in ANIC’s portfolio really do look promising .

ANIC putting together an impressive portfolio now in a new industry which is destined to grow quickly in forthcoming years .

Indeed, the cultured meat/fish industry not light years from producing commercial products. ANIC has a number of exciting investments in companies with real potential of making it big. I also like the fact that a number of investments are in U.S. companies which I believe supports start-ups than some other countries.

Good RNS this morning . ANIC substantially increasing its investment in BlueNalu . Worth spending a few minutes reading BlueNalu’s website and googling BlueNalu to get a good indication of the companies potential . A likely leader in cellular aquaculture .

https://www.businesswire.com/news/home/20191217005280/en/BlueNalu-Highlights-Versatility-Cell-Based-Yellowtail-Product-Premier
Encouraging media release yesterday from BlueNalu (part of ANIC portfolio)

"With our recent product demonstration, BlueNalu has accomplished a major milestone,” said Lou Cooperhouse, president & CEO of BlueNalu. “Our team has successfully produced whole-muscle portions of yellowtail fish fillet, derived directly from fish cells, in which our product performs the same way as a conventional fish fillet in all cooking applications. Our medallions of yellowtail can be cooked via direct heat, steamed or even fried in oil; can be marinated in an acidified solution for applications like poke, ceviche, and kimchi, or can be prepared in the raw state. This is an enormous accomplishment, and we don’t believe that any other company worldwide has been able to demonstrate this level of product performance in a whole-muscle seafood product thus far.”

https://www.bbc.co.uk/programmes/articles/5STsK03qtJ30tH41vsSNp5y/meat-a-threat-to-our-planet

A small taster of tonights Panorama program

https://www.*************.com/views/45878/kefi-minerals-follows-positive-ethiopia-news-with-some-from-saudi-arabia

It's a subscribe to article . One poster from the "other channel" states the article today puts a strong buy recommendation on KEFI targeting 6p plus.

Joe,
in one of her previous articles published on Master Investor, Laura Turner made mention of the company Rebellyous Foods amongst others .Shortly afterwards , Agronomics had announced an investment in the company . That's why I found the mention of Richard Branson in yesterday's article quite interesting.

https://masterinvestor.co.uk/economics/cultivated-meat-meat-grown-in-space-and-the-50-chicken-nugget/

Laura Turner of Agronomics reports on the International Cultured Meat Conference in Maastricht, where industry insurgents are targeting a $7.3 trillion meat, poultry and seafood market by 2025.

Worth a read of yesterday's article by Agronomics plc analyst , Laura Turner . Mention is made of Richard Branson's investments in the Cultured meat industry . I wonder if any big hitting names will be involved in the upcoming placing round this month.

a couple of informative posts from both sides of the buy/sell discussion. I'm still bullish. Quite a few buys coming in this morning . Good luck whatever your position.

https://www.standard.co.uk/business/market-minnows-can-innocent-smoothies-founder-strike-it-rich-with-lab-meats-a4283931.html

Good publicity & nice quote by the author , "Millennials are going to be all over this stock, so beat them to it."

Good to see the share price holding firm with quite a few buys today. investosr realising the large fund raise will add to the long term value of Agronomics Plc

"The Company's intention is to price the new shares offered pursuant to the Fundraise at the unaudited net asset value per share of the Company's portfolio at 30 September 2019, being 5.5p. The Board reserves the right to increase or decrease the size of the Fundraise or alter the proposed price at which new shares are offered, depending on demand and the strategic value to the Company of proposed investors. The Fundraise is expected to close by 29 November 2019 at which time a further announcement will be made."

Interesting comment in the RNS regarding the strategic value of new investors likely to take part in the proposed placing. I wonder who could be wanting to get onboard . Also, note that Jim Mellon is in for up to £2 million of new shares plus Chairman Richard Reed will be partaking in the placing too ( amount yet to be disclosed). Interesting times.

I think it’s fair to say that the majority of Daily Mail readers tend to be rather conservative in outlook and probably would be skeptical about new food sources .....there again some may be a bit more forward thinking and invest a few quid . £20 million is a really large sum relative to the current market capitalisation .

forgot to add the link to the article published this weekend ......https://www.dailymail.co.uk/money/news/article-7668581/Innocent-smoothie-boss-seeks-20million-grow-meat-alternative-offering.html

https://www.lse.co.uk/ShareChat.asp?ShareTicker=ANIC&share=Agronomics
"Agronomics PLC, which is chaired by Innocent Drinks founder Richard Reed, is raising £20 million to take a major bite out of the lab-grown meat sector .
The Mail on Sunday understands the firm which invests in meat alternatives, plans to grow its portfolio from 6 firms to 15 in a year. Its market value is £6.4 miliion, so the fund raising is a big step."

I see this as a done deal and good news. The initial placing in the summer was at 5p. It may well be there is another placing at 5p which explained why the share price has dropped in recent months to just above that level. However , the fund raising may not necessarily be a placing alone . It could be and /or other fund raising instruments in this growing sector. Some really big financial hitters on the Board and the first placing was over subscribed.

https://www.lamag.com/citythinkblog/as-wild-caught-species-vanish-are-lab-grown-fish-the-future/

A comprehensive article published several days ago. One of Agronomics' investments ,BlueNalu, features heavily. Very informative and balanced for those looking to invest in this growing sector. IMHO BlueNalu has the potential to be a massive company and hopefully at some stage in future will float on the US stock market. Agronomics has done well to get it's foot in the door of companies such as BlueNalu.

BlueNalu CEO quoted ,
"Cofounder and CEO Lou Cooperhouse has ambitious plans for BlueNalu. So much so that he sounds puzzled when asked what pet project his research team is pursuing. While Finless has chosen bluefin as its signature fish and Wild Type is working on coho, Blue-Nalu’s business model is to culture all edible marine life. “We describe ourselves as species agnostic,” Cooperhouse says as if he’s trawling for fish instead of growing them from scratch. “Our approach is to have a platform technology that allows us to develop a wide variety of value-added seafood product, not just a single product.” He pauses to let the enormity of this mission statement sink in. “From fish to crustaceans,” he says, which is like a doctor saying “from podiatry to neurosurgery.”

To support this bold statement he begins to recite the inventory of all the cell lines in the BlueNalu vault: Chilean sea bass, orange roughy, mahi-mahi, sable fish… “We’re not talking about getting into a couple restaurants in five years,” says Cooperhouse. “We’re talking about getting into mass-volume products.” To do this he envisions a string of fish factories scattered across the globe, each one capable of supporting a population of 20 million people. The first one might be built in Asia, the EU, or the U.S. It all depends on where the money is. Wherever it ends up, Cooperhouse has assured investors that the company will break ground before 2025."

https://news.sky.com/story/foie-gras-to-be-banned-in-new-york-over-animal-cruelty-claims-11848931

No more foie gras in New York. I read somewhere recently that alt meat foie gras ( not from slaughter geese) may well be one of the first varieties of alt meat being dished out on a commercial scale . The alt meat sector is a rolling stone which continues to gather unstoppable momentum . Bodes well for ANIC .

it's good to see strong buying since midday continuing right up until close of play.....

applying the saying , " the darkest hour is just before the dawn" , Lord Alli must surely now realise that despite years investing big money and building a brand online in India it is now time to introduce management changes . The credibilty of KOOVS is running so low changes must now happen. The market must see something to re-inject investor confidence asap . There can still be a successful company with the right people in charge.

I don't know about the FLFL cash position but I suspect Koovs got wind of the funding issues when they announced on 3rd October a capital markets day to take place on 29th October and new joint broker .