Biome Technologies Share Discussion Threads

[begorrah88] 24/8/2015 10:58

China matters not a jot to BIOM [other than a new potential excuse for Mines]it is BIOM's own failure to close a single deal that is causing an absence of any buying.

Even Viv & Rushton have given up throwing good money after bad.

Mines, Standen,Kayser & Brown all gave up risking a penny of their own money a long, long time ago.

[vaneric] 24/8/2015 10:46

I'd be surprised if any share gets an 'uplift' beg until the China panic eases, blood all over the dealing floor this morning.

[begorrah88] 24/8/2015 10:04

The downward arrow continues as the silence from Mines carries on.

There is no rule stopping him informing the markets of any share price changing deals.

The absence of any RNS and the MM's continuing eagerness to lower the share price suggests the usual failure of BIOM to see any expected 'uplift' in H2.

I dare say they will fail to get any uplift and yet will still claim 'in line with management expectations'

[begorrah88] 20/8/2015 15:13

Mines might have to discount to below 70p to get anyone at all interested in the next 'Mines & Standen gravy train' fund raiser.

Specailly if Mines lamps some of the fast diminishing cash over to Standen for another unseen report about future viability.

I wonder if the last one wasn't shared with anyone as it only reflected whether BIOM had a viable future for them?

[glyn10] 20/8/2015 14:39

wait a bit longer and you will get an even better deal !

[mudbath] 20/8/2015 12:26

Agreed begorrah88.
I would buy BIOM again though should they return to 70(ish).

[begorrah88] 20/8/2015 12:06

Cheers for the STL nod Mud, I'll take a look.

You are quite right that I like a company where the Board align their interests with that of the shareholders.

Just highlights how greedy Mines & Standen are and how the mug off their investors.

[mudbath] 20/8/2015 12:00

begorrah88
Even I thought the T/U was below par.We had earlier been promised a break through to profitability in this trading period,yet there was no mention of such on this occasion.
STL btw continues to be a fascinating opportunity ,whilst the share price is demonstrating good relative strength.You would particularly like the BOD for they take little by way of remuneration (in fact the Chairman,who has bought 7% of the equity this year alone,takes no salary or expenses !)
Sorry for the O/T folks.

[begorrah88] 20/8/2015 11:49

Let's not forget August was the highest the share price got last year.

Already a third lower this year and not looking good.

The market doesn't believe a single word of Mines '2nd half of year should be good' garbage as they've heard it too many times before.

[begorrah88] 20/8/2015 11:47

Down again!

Extraoridnary that not a single trial, out of all of those that Mines has touted across the years, has turned into an order.

All that confidence and expectation from the board about 'final stages of trials' etc yet not a single one has ever been nailed.

Mines can't close - never has been able to.

Just a trials monkey for other, more professionally led companies, to walk in and take the business.

[andy38] 14/8/2015 12:50

How right you are I have been an investor for the past 11 years and lost a fortune but live in hope. But I am not going to hold my breath it just seams to be a gravy train for the directors.

[begorrah88] 13/8/2015 15:28

The dribble down continues.

Usual BIOM - board go missing for the summer

No deals closed [not even the ones he was touting a year ago as nearing completion] no trials having turned into orders.

No positive RNS of any sort.

Small sells taking the share price down again as there is absolutely no interest in buying whatsoever.

Start of September we will get the usual lame TU avoiding any real detail and then, in November we'll hear how the 'expected uplift' has been delayed for some completely spurious reason - just like most years.

Mines and Standen will continue to milk a massively disproportionate salary for their input and we will all be poorer on our investments.

The miserable life of being a BIOM investor V's the glorious life of being a BIOM milker.

[begorrah88] 28/7/2015 07:45

I was watching some daytime TV and there was an advert on for Vistaprint who will produce thousands of fliers for businesses for only £100 and that it is a great way to get your business known.

I'll text Mines the number for them as he has no idea how to attract business.

[begorrah88] 23/7/2015 07:50

Cash for 3 more quarters - after 1 more quarter at that cash burn they will have to raise funds again, like last time, to avoid monthly accounting.

Last time they sold of Biotec for buttons to get fast cash. They have no assets left and no credibility to raise funds from any institutions.

Even the law of averages doesn't apply with Mines in control

Not one genuine piece of good progress or a decent contract win in 8 years - beggars belief - any decent chairman would have identified that and made a change but would any new CEO give the chairman little payrise sweeteners mid term for doing a project that nobody sees? that is why Mines is still there. Mutual backscratching.

[temmujin] 23/7/2015 07:45

terrible cash burn..1.8m only now

[begorrah88] 23/7/2015 07:30

So the actual turnover is less that £100k per week and the staffing and wages are based on a FTSE 100 company.

No wonder the cash is ruuning out so quickly. Time for another fund raiser on the horizon to keep Mines & Standen in the lap of luxury.

[begorrah88] 23/7/2015 07:06

Usual Mines failure yet again.

Half a million burnt in cash in 3 months

Sales down on last year and Q1

....and, oh yes, expected better H2 because of...wait for it....a new line they've developed where initial orders are 'encouraging' FFS!

This is just a copy and paste update of the usual failures and lame hopes for the future.

I genuinely expected much better - no fool like an old fool I suppose.

Trading Update

Total Group Revenues for the first half were GBP2.1m (H1 2014 GBP2.3m), including revenues for the second quarter of 2015 of GBP0.9m (Q1 2015: GBP1.1m). The turnover for the second quarter maintains the significant progress made in the first quarter of 2015 albeit partly constrained by later phasing of shipments from the RF Technologies Division.

The Group's cash position at 30 June 2015 was GBP1.8m (31 March 2015: GBP2.3m), reflecting both an increase in working capital ahead of expected shipments in Q3, new product development costs and trading performance.

Bioplastics Division

Revenues generated by the Bioplastics Division in the first half of 2015 totalled GBP1.0m (H1 2014 GBP1.1m).

Order levels of the division's commercialised products have recovered substantially in the first half of this year, driven by an improvement in the US market which has seen demand return to levels broadly similar to those seen in the first half of 2014.

Additionally, the second half of this year should be favourably impacted by a new product line we have developed reaching its commercialisation phase; initial order rates are already encouraging.

Three grant supported research collaborations focused on bio-based materials, highlighted in previous statements, commenced in the first half.

Stanelco RF Technologies Division

Revenues for this division in the first half of 2015 were GBP1.0m (2014: GBP1.2m). A robust and significant order book for the remainder of the year should see the turnover weighting for the second half substantially above that of the first half of 2015.

The recently announced signing of a GBP1.1m contract to supply optic fibre furnaces in the second half of the year will add considerably to the division's existing pipeline. Additional enquiries indicate that the optic fibre furnace market is more buoyant than it has been for some time, with customers seeking upgrades as well as additional capacity. The contract with a customer from a regulated industry is progressing on time and to plan with the delivery of the first system anticipated in the second half.

Group Outlook

Group revenues at the mid-year point are in line with the Board's expectations with a reduced operating loss during the period relative to those expectations. The Board is confident that momentum in revenue growth should accelerate in the second half of the year.

[begorrah88] 23/7/2015 06:03

Well done Mud, one of the few to actually achieve a profit from Biom.

Good luck with STL

[mudbath] 22/7/2015 09:57

It might well show further strength begorrah88,for I have(reluctantly-but a profit is a profit) completed the disposal of the BIOM shares purchased at around 75 pence.
The share price seems more likely to reach your £5 than my re entry sub £1 level,but who knows with your friend Mines at the helm.
(All proceeds into STL,being a very exciting,for the best of reasons, investment opportunity.)

[begorrah88] 21/7/2015 15:36

That seemed to work quite well!

Let's try this:

Damn, the bid is only £1.43 - if only those MM's would make it £5 it would be a lot better

[begorrah88] 20/7/2015 08:35

3 days before the TU and the £1.43 is removed from the bid [now £1.40] having been there solidly for weeks.

MM's obviously know BIOM like the back of their hands - in readiness for Mines latest bag of excuses for no signed contracts still.

What'll this summers excuses be?

I think he'll blame Greece again - he got good mileage out of that last time and even blamed Greece for Andy Brough not advancing him the funds he thought were coming for his 'great plan'.

At best I see very little having happened but cash having been burnt.

Oh...and 'in line with management expectations'!

[vaneric] 30/6/2015 14:20

hxxp://circulatenews.org/2015/05/circulate-on-fridays-printing-with-potatoes-german-minister-using-e-diesel-and-more/