Beyond Meat - BYND - Share Chat

But beans don’t taste like meat. Meat tastes much better, but I don’t want to eat animals. What’s the solution? Exactly. Your argument is not working here. I, personally, like it very much and haven’t had a meat burger since they launched.

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More like I don’t eat enough burgers to be able to distinguish between one I’ve eaten today vs one I ate a month ago.

I hear your point eating the vegetables as they are instead of processing them into something else and I do agree with it. However I think the ‘fake’ meat industry is coming at it from a point where they are saying to the consumer look you don’t need to change your habits but you can ‘make the world a better place’ (that’s marketing not me saying that of course😅).
It’s basically the same as saying have an electric car instead of an internal combustion engine when the best alternative in reality is to walk if you get me?

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I’ve tried pretty much every meat-free burger readily available in the UK and the Beyond burger was the most expensive and tasted worse than almost all the others. Just as one example Co-op’s GRO burgers are £1 each and were better, so I don’t really see how they can compete. There is essentially no moat around this market regardless of what their PR machine says (actually its worse than that because you already have “all natural” brands like Meatless that can sell over the more processed ones). What might become more differentiated products are the high end heme-based patties like Impossible’s and lab-grown meat

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I’m afraid I couldn’t disagree more @dk1 . I believe we can’t judge it only by our taste, cause in this case, I’ve also tried almost all plant-based burguer available in the UK market and Beyond Burguer is by far the best among them all for me. So for me it justifies paying more for what I believe is the best product in the category.

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Any clever people know why BYND is rallying?

Wall Street bets seem to be pumping it thinking they can produce a short squeeze.

The McPlant has a Beyond Meat Patty. Feels like an exciting deal with Beyond and a long awaited plant based burger option. BBC News - McDonald’s plant burger launch late to vegan party

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Holly shoot dose any one know what is happening with beyond meat plz?

They said Q4 will be worse than expected.

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FT News briefing podcast covered the beyond meat short positions today. Time stamp 08:33

Around 42% of the stock has now been declared short.

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I find that quite odd tbh. Products in McDonald’s and Starbucks throughout the UK. KFC trials in US (YUM! brand also say they want the plant based alternative I all there restaurants). Seems to be quite a lot of deals being made :thinking:

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Today has been great I’m up £6.88 from when I got them :smiley: keep eating your vegetables!

This feels like a short squeeze in the making. I’ve dipped my toe in the water with a smaller entry amount than I ordinarily would and a bit less research than usual on the basis that I anticipate it will happen at some stage so I may as well give myself a chance to get into the action.

In terms of the longer term Beyond Meat seem well positioned in a market which should continue to soar, so I’ll look into them more closely in the coming months to decide if I’ll leave it at a punt or if I’m going to build up my holding.

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Does anyone have some good veggie burger news? I’m beginning to think I should just cut my losses with this one.

I hear the McPlant is very good :man_shrugging:t4: only a matter of time time before beyond meat are in every fast food restaurant in the UK

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Share price has risen $7 in the past couple of days. They’ve blamed Covid for reducing their point of sale opportunities - which does make a lot of sense given that they’re partnered with KFC, Pizza Hut and McDonalds to name just three - and in terms of physical retail (the packs of meat), people who order online tend to stick to what they know.

Additionally as it’s one of the most heavily shorted stocks, there is always the potential for a short squeeze as shorters sense the tide turning and wish to maximise their profits, sparking a rush.

Break-even price for me is $50 and if it dips below $40 I’ll be open to averaging down a little more. I think the 2020-2021 peaks of nearly $200 a share were premature and poor 2021 financials won’t help the price rise to those heights quickly, but IMO this will be hovering between two and three figures before too long.

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It’s just my opinion but I’ve got to say I was really disappointed by the McPlant and, on the flip side, blown away by how good Burger King’s plant based whopper is and how indistinguishable from chicken their plant based ‘chicken Royale’ is.

Obviously I don’t eat beef burgers because I’m not a cannibal but I have been eating veggie burgers for a long time and the McPlant was so so SO underwhelming.

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So just like a maccies beef burger then :joy:

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I thought it was alright, not worse than all the normal burgers. Would definitely go for it again if I need to eat at MCD.
Beyond Meat is still a great product and good company. The valuation was just extreme before it started falling.

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Market Too competitive, I doubt the share price will ever bounce back.

There would need to be a big technology break through where the cost is a fraction of meat

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