Australian (ASX) Stock Market Forum

WOA - Wide Open Agriculture

Jump to new
System

System

Joined
27 June 2010
Posts
4,147
Reactions
309
Wide Open Agriculture Limited is a food and agricultural company seeking to regenerate ecosystems and communities in the Western Australian Wheatbelt by operating a vertically integrated, consumer driven business to maximise long-term, sustainable financial returns.

In implementing this strategy WOA intends to apply a "4 returns" framework on seeking measurable outcomes on each of financial returns, natural returns, social returns and inspirational returns.

The Company currently has and is developing three business streams being:
(a) protected cropping and associated open field operations to grow premium vegetables;
(b) a "Food for Reasons"™ food brand to market and distribute food produce; and
(c) a regenerative farmland management business.

It is anticipated that WOA will list on the ASX during June 2018.

http://www.wideopenagriculture.com.au
 
Wide Open Agriculture gains industrial hemp licence for pilot shade-house in WA

This is not the medical marijuana it is the industrial kind of hemp. We should be growing a lot more of it, it is a very useful product and makes lovely fabric as well as other things.

".......Traditionally industrial hemp has been used in items such as textiles, paper, rope, fuel, oil and stockfeed. Other more recent applications for industrial hemp fibre include composite building materials, oil and chemical absorption materials, animal bedding, kitty litter, and motor vehicle parts.

Hemp oil is extracted from the seed, and has been used for cosmetics, paints, printing inks, solvents and animal feed. In New Zealand, the cold pressed oil is permitted for human consumption....." More..

and a chart but there is not a lot to see, early days for this stock.

woa 28.2.19.png
 
Up 13.89% today and of note there are very few shares for sale at any price at present.

Looking at market depth, well you could buy everything that's for sale for a bit over $10K so basically nobody selling at the moment.:2twocents
 
WOA has ~70 million shares on issue, with the Top 20 holding approximately 80% of the company.

Current market cap is ~9 million AUD.

WOA is a vertically integrated food and agriculture business and the world’s only publicly listed company adhering to the ‘4 Returns’ mechanism pioneered by the Commonland foundation in the Netherlands.

In early June, initial domestic sales of regenerative, grass fed beef and lamb launched and were pulling in $9000/week.

The online sales portal is about to launch in mid-August. https://www.dirtycleanfood.com.au/

platform.png


Targeting Singapore next.

sales.png




There is a general trend towards more vegetarian protein production because meat production, and beef especially, is resource intensive. This is evidenced by the IPO of "Beyond Meat" in the US which now has a market cap valuation of 13 billion USD.

WOA will soon be introducing their own Australian plant-based burger.

plantburger.png

burger.png

The plant-based 'meat alternative' market is undoubtedly going to continue to grow rapidly over the next couple of decades, and will no longer be relegated to the domain of left-wing millennials.

Karen Formanski, an analyst at Mintel who authored a consumer research report on plant-based protein, said there were no signs of the meat alternatives market slowing, with 38% of U.S. consumers trying to add more plant-based protein to their diet.

Separate to the plant-based burger market, WOA has initiated plans for industrial hemp grown under a smart, protected cropping system in WA. After the trials, WOA intends to provide its own branded hemp-food products, for the healthy snack market, worth $17 billion globally.

hemp.png

For the low market cap of $9 million, this company will be easy on your wallet and easy on your conscience. You will be contributing to the revitalization of our natural environment.

Just my $0.02 - good to see @Ann here also.
 
Might have bolted out of the gate early, @verce ! Does WOA plan to make a profit like a social enterprise and plough it back into research and more farm assets?

Interesting it's dual listed in Frankfurt.
 
kenny said:
Might have bolted out of the gate early, @verce ! Does WOA plan to make a profit like a social enterprise and plough it back into research and more farm assets?

Interesting it's dual listed in Frankfurt.
Click to expand...

Hi Kenny

I had to make a post here so that I could enter WOA in the August comp. Ah well!

The next news catalyst will be the online storefront opening up in a couple of weeks, and scaling up into other export markets.

Curious to hear your thoughts on the Frankfurt listing. Is this a good or bad thing? It looks like about 40% of shareholders reside in Germany or the Netherlands.
 
Currently the lead collaborative partner in West Australia’s largest industrial hemp trial.

Considering Ecofibre (EOF) is one of Australia's largest growers of hemp foods with a market cap of 1 BILLION, I dare say at 12m WOA is grossly undervalued.
 
Hi @verce

Hard to say whether it's good or bad to be dual listed. A listing primarily serves a growing company as a means of accessing liquidity and exposure to the wider market for the brand.

I struggled to find any coverage for the FRA:2WO listed stock and would be interested to see the comparison in trading volume between the ASX and FRA stocks.
 
Finally a bit of recognition today.

For current reference

Beyond Meat Inc

NASDAQ: BYND

134.16 USD per share

Market Cap ~8.3 billion USD
______________

WOA Market Cap ~10 million AUD.

WOA already generating revenue via https://www.dirtycleanfood.com.au/
 
WOA has been all systems go

though the profit takers have pulled it back from 40c high to a still not shabby 30c. I wonder if the gains will be banked as a measurable outcome on each of
-financial returns,
-natural returns,
- social returns and
-inspirational returns?
 
Institutional and sophisticated investors have kicked in A$3million in a single tranche placement at an issue price of AUD$0.27 per share.

The Placement was strongly supported by a number of the Company’s existing shareholders and introduced a number of new, high net-worth investors to WOA’s share register. Demand for the placement was significant and provides strong validation of the Company’s growth strategy to increase revenue and launch additional products for its fast-growing conscious customer base.

WOA’s largest shareholder and fourth largest shareholder, both European impact-investment family offices, participated in the placement to maintain their percentage holdings.
 
lots of announcements...
oat milk
carbon neutral grains
plant based protein (with CSIRO)
online distribution

.. only WA focused, and any plans to expand must be limited by Covid restrictions
... a loyal client base willing to pay premium prices?
....no mention of hemp any more

upload_2020-8-9_10-48-10.png
 
and more on plant based protein .... looking at LUPINS for their food products.
... Lupin is one of the highest sources of plant proteins available (40%) combined with a high source of dietary fibre(37%).
... Non-GMO, low GI, easily digestible, high in essential amino acids and cholesterol free.
... Eco-friendly,low carbon foot-print, low water pollution and critical to regenerative farming systems.
Click to expand...
There is a lot of interest, but also along way to go (they are only doing a 200Kg production trial taking place). Mind you, CSIRO and Curtin U on board. The slides in the Investor Presentation are worth a look.

Mick , a contributor here and elsewhere, posted this a while ago
"I tried growing Lupins as a stock feed years ago on an outpaddock we had on some sandy loam. Cows seemed to like it , but it was s a bit finicky for my liking.
Its a bit fussy in its temperature range. Problem was, the frosts we used to get in the late 80's here made the flowers fall off, and any days above about 32 C also made the flowers fall off."
Click to expand...
All helping the SP surge ahead (and some irony with WOA initially into beef, now into this stuff)
upload_2020-8-12_16-4-33.png


 
Dona Ferentes said:
and more on plant based protein .... looking at LUPINS for their food products.
There is a lot of interest, but also along way to go (they are only doing a 200Kg production trial taking place). Mind you, CSIRO and Curtin U on board. The slides in the Investor Presentation are worth a look.

Mick , a contributor here and elsewhere, posted this a while ago
All helping the SP surge ahead (and some irony with WOA initially into beef, now into this stuff)
View attachment 107446
Click to expand...
This looks like another Buster Scruggs.

gg
 
Yep, I've been watching this. Quite the unsubstantiated rise.

The Warped Wall, perchance?
 
Top