Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Seems like this mornings announcement is the signal that things are finally happening.
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210602:nRSB5488Aa&default-theme=true
Its been a longer time than I hoped for but this will definitely do to start with.
Thought these snippets were telling
Major Danish meat producer will be 85% plant-based by 2030
After acquiring plant-based ready meal manufacturer Fairdig last year, meat company Hanegal announced that 85% of its portfolio will be plant-based by 2030.
France meat producer sells animal businesses to go all-in on plants
Agri-food company Avril has decided to sell its animal processing units to focus on acquisitions and investments in plant-based, saying “we want to concentrate all our resources on plant processing.”
Nestlé opens plant-based production facility in Malaysia
Chris Johnson, Nestlé’s CEO of Asia, Oceania, and sub-Saharan Africa said about Nestlé’s plant-based portfolio, “I’ve never seen the sort of speed of innovation, in other words, going from idea to launch...as quickly as we have on this.”
If I was ramping this company I would be doing a pretty poor job. My shares bought at 2.00p now trading at 1.5p. Rampers dont hang around for the long term. This sector is big and whilst I own Agronomics and Rise, both in the same sector and representing a basket of companies - this is the only listed UK pure play in the sector and it hasnt even started trading yet. Sure, the history of Management isnt good but if you put a monkey in front of a piano its bound to play a tune every now and then. This just might be the tune - right place, right time and very limited downside. 200,000 shares that could easily be 20p in 12 months and £1 in 2 years, or as you say 0p. Thatsa gamble in this new exciting sector worth taking in my eyes. In the meantime happy to share whatever else I find thats relevant in the sector for those on here. I thought thats what these places were. All in it together. My belief is that if i can cover 6-7 companies at this very early stage 1 will take off, 3 will be OK and 3 will fail . Thing is I dont know which is which, I just know this is the wild west days of the gold rush in meat substitutes and Im in.
And another one.
New data shows plant-based foods grew 27% in U.S. retail in 2020
New SPINS retail sales data released today by the Good Food Institute and the Plant-Based Foods Association shows that plant-based foods are a key driver of sales growth at grocery retailers nationwide, growing twice as fast as overall food sales.
The retail market for plant-based foods in the U.S. is now worth $7 billion, with household penetration reaching 57%.
Another story about significant funds raised for Plant Based meat products. It seems a new one every day.https://www.foodmanufacture.co.uk/Article/2021/03/19/Plant-based-meat-egg-and-dairy-investment-trebles?utm_source=EditorsSpotlight&utm_medium=email&utm_campaign=2021-04-06&c=%2F8tUJssu6qNN41rJ9QV1I%2BnYTgmSbcpV
Oatly - the plant based milk alternative are to open a factory in the Uk employing 200 people - such is th demand for their product in the UK? Their float is going to be massive. As i said - sector is really hotting up.
Livekindly, a US sustainable food company, just raised $335 million with Rise Fund and Agronomics both taking part in the raise. It is now completed and they have their money. There really is a lot of money going in to this sector right now. Got to augur well for Amala.
Well, I am thankful yesterdays fall here was significantly less than most of my other holdings in the US - all of whom were crucified. I guess this is where we will sit for a while now, awaiting the details of the roll-out. Whenever there is volatility I always like being in the right sector and this new direction feels right so still happy to ride it out and see.
I guess the answer MNiy as to why people invest, in my case is about the attraction of penny stocks, little downside and big possible upside, new markets that are fast expanding and a reasonably transparent entity. I have invested in start-ups pre listing and you never know whats going on with any certainty. I like this new direction (didnt like the previous one) and i think the Rodriguez guy could be a good match up. As someone said earlier, thats what makes a market.
Thats a lot of sales this morning. Not sure now is the time ot bail out when they are on the cusp of something new and exciting. Seems to me like these are still pretty cheap given its the only sole company listed play in this market.
Willandbrack - parity is when the substitute product, be it plant based meat or synthetic meat , looks, feels, tastes and costs the same as the real thing. In real terms the industry is probably 5 years away from that but they are a lot closer than they were 5 years ago. This is the goal of everyone in this sector.
I dont think this will happen fast but it is a much better play than the previous one, although that may find its place again when restaurants in the UK have been trading for some tiem and of course as a database to sell product to.
My guess is shortage of stock and just momentum in the sector after so many recent big articles about the plant based meat and synthetic meat market. Obviously that augurs well for BD if they can create the right product. The aim oif all these shares is "parity".
Best guess would be a product reveal fairly shortly, followed by a marketing plan. Given they have signed for a facility to produce stuff they must know what they are producing and what equipment it needs etc. They must also know how its going to get to market as well, which assumedly is down to Mr Rodriguez. The stock might just wander about a bit until there is more detail but hang in there. Its the start of a new journey.