This AIM share has seen excellent growth during the past few weeks and has recently been recommended in the FT.
The company's investments, on the whole, do appear shrewd, well-timed and in the burgeoning market of alternative meat and fish foods,
Does anyone have a view? There are all sorts of seemingly wild forecasts on the usual share-chat platforms.
Hi Nigel. It has performed very well since October. It has quite a long history. Cant quite work out when it IPO'd but certainly been going since 2013.
I notice there was a discussion to delist towards the end of 2019 which they seem to have got over.
If you are a David Attenborough devotee then this is definitely a stock to be looking at.
Am Amazed Linda Mcartney brand still doing so strong. Finally got around to trying their sausages and pleasantly surprised although have not repeated the experiment.
I have to admit this mainly caught my attention due to James Mellon involvement. Pretty shrewed Ilse of Man based investor.
This has been quite a momentous 16 months with the pandemic lockdown, and thinking about the causes of these virus strains, it can't be coincidental that interest has picked up in ANIC. Coupled with Attenborough's stark forecasts about what will happen if we don't radically alter our future production of energy and food this is a sector very much in focus.
ANIC looks to be some kind of investment trust for alternative food production, which is a good way of spreading the risk. How far is it from becoming profitable or is it at least heading in that direction? According to Mellon still 18 months away from reaching parity with 'normal' food prices.
I have tried some of the plant based foods in supermarkets which Im not keen on. The Dutch are very keen on high protein insects. That has implications too.
I like it it but feel the sp is probably up with events having risen strongly in the last six months. A lot of wealthy individual investors. Maybe one to drip feed into on any further retrace.
Just some additional stuff on ANIC investments:
https://thefishsite.com/articles/bluenalu-lands-60-million-funding
https://www.bluenalu.com/photos-from-bluenalus-headquarters-in-san-diego
https://www.seafoodsource.com/news/foodservice-retail/seafood-alternatives-continue-to-gain-momentum-in-retail-foodservice-sectors
There was some kind of event (webinar) on this in London last week March 4th
Some fairly hefty management fees. Looking at recent trade some fairly large money off the table last week, which explains the slight drop.
Very interesting will watch closely
Market cap now stands at 4 times nav which is a little rich plus losses trebled last year. Really good podcast on on Food Tech with James Mellon. This undoubtedly has a very important future which will change food production for the good of man and animal kind. In the short term there seems to be an expectation of further fund raise. For now I have invested in a copy of Moos Law, Mellon's new book on investing and Agronomics.
