The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
How can the SP be 8.5p, when approx. 3p is cash reserve. That would mean the other 5.5p is for the holdings, crazy!! Can it really be flying under the radar?
Being an eternal optimist and gambler I cant help buying more (small) at every piece of good news.
Surely the good news is only loading the spring and at some point it will not only unload but overshoot its NAV?
As Warren would say, if it looks good and the price is confusingly low. Just buy more!
I'm in for the long haul and the longer the price is low the more value I can pick up with my monthly small buys. Admittedly I want this to succeed for ethical reasons so maybe I'm blinkered OR just maybe!!!
This feels like a very real reason to play down. Every week there is positive news and steps forward to potentially start shifting momentum, last thing they want is a higher buyback price.
Are they really tied at the moment?
Has anybody else watched this on youtube yesterday?
It seems as though Anthony Chow was trying not to promote the industry, focused on problem areas rather than positives. Also overinflated negatives like Europe could be 10-20years away. He also stuttered a lot.
I have seen other presentations and he has been very smooth at selling his belief in the industry.
I maybe wrong here but it felt like he was trying to keep the price down for the moment.
As an optimist (who fully believes in the industry) I personally read this as a reason to buy, simply because these guys are master salesmen and they can guide you how they want. Long term they need you to buy but short term hmmm
Totally agree.
UK is phasing out Animal agriculture subsides and replacing with land regen subsidies. Europe i'm sure will follow (Netherlands already buying out 3000 farms due to emissions targets), all of this points to rising meat prices that will draw parity much quicker than the sceptics would have you believe
Hope this is the turning point.
Italy's ruling made me laugh, such a typical popularity stance from politicians. It will mean absolutely nothing as Europe wont support it (as should no politician). Emission's alone are enough to support this industry.
I am actually really sure that the very powerful Arab (cost irrelevant) world would buy into this quickly due to food security and as 1% of the world would be a huge demand on the industry this could be achieved without Europe's short term regularity millstone. Netherlands btw are trying to push this through.
I predict fast gains globally early next year. UK regulation mid next year, Euro regulation 2025.
With these timelines Agronomics stock will jump each time. Early retirement here I come
I'm no expert on these things but i feel the buyback will only strengthen our holdings. Including Jims btw.
It feels like the correct thing to do if you believe your portfolio is strong and if Jims holding is large, if you see weakness then use the cash to help the portfolio companies directly. The less shares in the market the more each share is worth (NAV), simple! Or am I clueless?
I think they have selected approx 10% of the companies in the market. Some they pick will fail and some they don't pick will succeed. I just think its about diverse products across diverse markets
Some Agronomics products are small level roll out, as in restaurants in Singapore.
There has been a good amount of movement with companies moving from seed to A and from A to B recently, also larger companies starting to get involved
IMO there is good progress at probably the expected rate, companies expecting cost down and profitability by the end of the decade.
Only surprise for me is the lack of interest from the market which is keeping the price down so i keep topping up in hope/belief.
Mass produced meat will be gone within 50 years and this industry will be the norm, acceptance from the public will be as the prices come down and real meat goes up (no subsidies and possible environmental tax) and as such is seems Agronomics is our only angle in at the moment