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Feeding a growing world population
21 Feb 2021 (318 views)

Recently, I invested in two stocks that are involved in increasing food production to feed a glowing world population.

AquaBounty (AQB). 

This company produces genetically engineered (GE) salmons that can be grown on land farms in 18 months, which is half of the time that it takes for the salmon to grow in the wild. It also uses less feed. 

It was approved for sale in Canada several years ago. It recently received approval for sale in America. However, they faced a temporary setback. 

There is public pressure against the sale of GE salmon in America. They have started a farm in America to produce the first harvest in March. They now find it difficult to sell their salmon, due to the boycott.

I believe that this is a temporary setback. They are likely to find a solution.

https://www.youtube.com/watch?v=undAeA4uVGo

Urban Grow (UGRO)

This company produces equipment that are needed for vertical farming, especially in urban cities. The stock price went up a few times, but fell back due to a direct stock offering at a big discount. This led to existing shareholders selling their stock leading to a large decline.

https://www.youtube.com/watch?v=3Ww2TP_tU7o

YouTube Videos

There are several YouTube videos that explain the busness of these companies in detail. I watched them before I decided to buy the stocks.

So far, my investment in these two stock are showing a loss of about 15%. However, I will hold them for a few more weeks to see if they recover.

Tan Kin Lian

 

 



Feeding a growing world population
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Recently, I invested in two stocks that are involved in increasing food production to feed a glowing world population.

AquaBounty (AQB). 

This company produces genetically engineered (GE) salmons that can be grown on land farms in 18 months, which is half of the time that it takes for the salmon to grow in the wild. It also uses less feed. 

It was approved for sale in Canada several years ago. It recently received approval for sale in America. However, they faced a temporary setback. 

There is public pressure against the sale of GE salmon in America. They have started a farm in America to produce the first harvest in March. They now find it difficult to sell their salmon, due to the boycott.

I believe that this is a temporary setback. They are likely to find a solution.

https://www.youtube.com/watch?v=undAeA4uVGo

Urban Grow (UGRO)

This company produces equipment that are needed for vertical farming, especially in urban cities. The stock price went up a few times, but fell back due to a direct stock offering at a big discount. This led to existing shareholders selling their stock leading to a large decline.

https://www.youtube.com/watch?v=3Ww2TP_tU7o

YouTube Videos

There are several YouTube videos that explain the busness of these companies in detail. I watched them before I decided to buy the stocks.

So far, my investment in these two stock are showing a loss of about 15%. However, I will hold them for a few more weeks to see if they recover.

Tan Kin Lian