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14/1/2021
14:14 | michaelmouse: Yes they biodegrade in place if not collected. It really is worth researching this company in detail. Given the current focus on all things environmental, Biome are in a sweet spot for their Biodegradable solutions:-
https://uk.advfn.com/stock-market/london/biome-technologies-BIOM/share-news/Biome-Technologies-PLC-Biome-starts-biodegradable/83600180
"These shelters will be designed to provide protection to growing trees, not hinder growth as trees reach maturity and biodegrade if not collected."
Yesterday's announcement was more significant than meets the eye, and it's worth a look at this video which includes info about the next stage field trials (20,000 shelters) and the desire from their client, Suregreen, to leave a lasting environmental legacy.
hTTps://vimeo.com/455897470
Tree shelters alone would be a huge market for Biome, but it shouldn't distract from the accelerating penetration of their products into the USA.
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14/1/2021
07:08 | amt: Great work by Biom team, well done in producing such great products to help save the world.
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12/11/2020
10:08 | jmf69: Biome Technologies #BIOM @BiomePlastics is interesting, especially its Bioplastics division which is gaining good momentum with important new contracts signed, particularly with US-based customers, there is a growing interest globally in the substitution of conventional plastics. http://t.co/hK4ze5NOMD
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04/11/2020
07:11 | michaelmouse: hTTps://www.londonstockexchange.com/news-article/BIOM/biome-starts-biodegradable-tree-shelter-project/14742974
"This project is an exciting step towards supporting tree planting in a sustainable manner. Some 15 million tree shelters are already used in the UK each year and we are delighted to help Suregreen re-invent a product for this sector."
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29/10/2020
07:17 | michaelmouse: hTTps://www.londonstockexchange.com/news-article/BIOM/trading-update/14736045
Trading is in line with BioPlastics showing strong growth (the interesting bit).
"Revenues in the Bioplastics division in Q3 at £1.6m were 48% ahead of the previous quarter (Q2 2020: £1.1m) and 131% ahead of the prior year comparative (Q3 2019: £0.7m).
The division's revenues in the first nine months of the financial year stood at £3.8m, 93% ahead of the equivalent period last year (2019: £2.0m)."
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25/9/2020
08:05 | begorrah88: When hasn't biom had a wide open window of opportunity?It is Mine's inability (or reluctance) to take that opportunity.Much easier to just tap the shareholders on a regular basis and live on easy street.
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24/9/2020
07:05 | michaelmouse: Bioplastics is doing very nicely and the placing is to support growth albeit at a discounted price. Glad it's now out the way. The interim results are very encouraging for Bioplastics and in longer term the RF division will regain momentum. It's all about the Bioplastics division and the momentum in North America:-
"The Bioplastics division performed exceptionally well in the first half despite the upheaval caused by Covid-19, with a 71% increase in revenues compared with the same period in the prior year."
"Revenue in the second quarter was £1.2m and represented a new record for the division, despite the disruption caused by the pandemic."
"Packaging film - the Company is working on seven new customer projects that focus on the conversion of flexible packaging to compostable formats. Six of these projects are for the North American market"
hTTps://www.londonstockexchange.com/news-article/BIOM/interim-results/14696687
hTTps://www.londonstockexchange.com/news-article/BIOM/proposed-fundraise-of-ps1-1-million-notice-of-gm/14696820
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26/8/2020
06:29 | michaelmouse: hTTps://www.londonstockexchange.com/news-article/BIOM/grant-funding-from-innovate-uk/14665517
"Biome Technologies plc wins a new grant of £273k to support scale-up of its novel compostable bioplastic materials"
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19/8/2020
06:43 | michaelmouse: Largest single order at $550,000 to be delivered in the next 2 months against a measly market cap. of £5m.
Client is USA based and in fact (from recent trading statement), "(Biom) are working with an expanding list of potential new customers in the USA and developmental work in that context continues with some vigour. The business is well positioned to exploit further opportunities in this growing market."
Revenues in Bioplastics were up 53% at the interim stage.
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01/5/2020
09:09 | vaneric1: I took what remained of my money out and put it into Tesco when they had their financial scandal and their share price collapsed, it was my best investment decision,
I've more than trebled my money since then by popping in and out as the share gradually came good.
Looking forward now to the special dividend reported if the sale of their Thailand and Malaysia group is sold off.
Biome remains a bad taste in my mouth.
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PLUS1
