Biome Technologies Share Discussion Threads

[jmf69] 28/11/2013 14:06

I must be crazy but just bought another 3k just after the rns. At least I'd have averaged down

[begorrah88] 28/11/2013 13:57

....its a token....bla bla bla ;-)

[sirmark] 28/11/2013 13:46

Here we go....directors now buying...and just valued at cash.....screaming buy from me regardless of the doom mongers who will no doubt say its a token...bla bla bla....heard it all before and too repetitive for me.


5Main holder all increasing along with directors )

[mudbath] 28/11/2013 10:42

Thanks boldtrader.
BIOM imo remains an interesting speculation despite what that collection of manic depressives make of it over on the iii board.
Once again,all recent sales have been mopped up,this time in a buy trade of 8850 at 151.5,mirroring the pattern seen over the past 6 weeks or so.
The MMs' will also take 5,000 shares,which to me indicates that the buyer remains active.
It may be that Biome fails to gain any worthwhile traction.
On the other hand,any notable success and the share could recoup a good proportion of term investors losses.
This would seem a good time to take a position in the company IF one had knowledge of any current positives.

[boldtrader] 27/11/2013 09:35

Mud, thanks, I did write more but then scrubbed it after reading the 3i board and realised this news is now 24hrs old!! Nonetheless I feel as if something must be afoot with the big 3 now holding over 29%, I will wait and see as I have done now for over 10 years.I owned afew million,now to own afew thousand,
Will now hang on as always for the result!! Hope this was an unsuccinct reply,lol. Cheers.

[mudbath] 27/11/2013 09:19

boldtrader

Succinct

[begorrah88] 15/11/2013 15:20

Why would he bother when he can just take it as salary without any risk?

At any stage over the last 6 years he could have taken your advice as above and he would still not be in a position to exercise any options because the share price has been on a one way street.

Yet Paul Mines has been paid about a Million pounds over that period

A board awarding themselves options pre-supposes that a share price will increase.

That also assumes the board would actively work towards getting that share price to rise which brings me back to the first point I made - why bother when you can take £10k per month for failure and then sell off some assets or tap shareholders as that cash runs out?

[mudbath] 15/11/2013 14:09

What Paul Mines needs to do is to re base his options at circa £5 and grant himself an extra 5% over BIOM whilst he is at it.
At least then he would be more amply rewarded once the company ship sails in.

[lwaxf13] 13/11/2013 18:20

If the board are not buying shares and they are not in a closed period its a bit obvious why they are not buying (not directed at you Beg). Do they ever buy shares? I know Mr Mines bought a handful a load of years ago but it was small change in comparison to his monthly take home. Let me put it another way if I was on the board of a plc and had good reason to believe the prospects were great for the companies shares and it was not illegal to do so I would load up with shares and tell my family to do the same. The opposite of that is ... ;-)

[begorrah88] 13/11/2013 15:58

....and what an impact it is having on the sp!

They can do as much vague PR as they like but nobody trusts them as everybody has heard it all before and guess what....? not a shred of detail in the PR just usual hot air and jam tomorrow.

I see the share price has fallen again today as yet another day of an absence of buyers but regular sellers.

Why won't any of the board even buy a single share at this price? is itbecause they know the PR is empty?

[sirmark] 13/11/2013 10:40

They are certainly getting the message and PR out there that they are doing coffee pods ....



Looking like they ready to sell and want the world to know about it.

Good signs from Biom, now lets see how they sell now they have a product the market clearly wants.

[lwaxf13] 12/11/2013 11:57

Indeed thanks JMF.

"but there are hopes to bring them to the UK." I love that word "but". Who on earth in marketing uses the word "but"? It's not exactly convincing. Anyway, hope won't pay the bills. Something like "we are working with one of the big 4 UK High Street coffee chains and we will introduce this product on such and such a date" would be better. No, it's all hope. I wonder is that an official job at BIOM - a Hoper?!! What sort of things would a Hoper do all day? Does a Hoper get paid a lot?

I have not yet won the lottery but I hope to win a lottery jackpot of £10M. Should I therefore be considered as an individual worth £10M? ;-)

[begorrah88] 12/11/2013 10:21

Mmmm, now what was missing in that latest bit of PR?

...oh yeah, a customers name! usual 'but there are hopes to bring them to the UK'

'hopes' indeed.

Thanks for digging out these snippets though JMF

[mudbath] 09/11/2013 11:13

begorrah88

[begorrah88] 09/11/2013 11:07

'our company is currently edging toward its goal and with a comforting amount of cash in the bank.'

Had he not sold BIOTEC for a third of its' book value the company would have gone bust £2million pounds ago.

Hoe many times must history repeat itself before people learn?

That is why companies like BIOM, run solely for the benfit of the board and employees, survive. They can always come back to the believers for more cash every time.

You can say as many positive things as you like and ignore as many facts as you like but that doesn't make the share price go up.

As I've said many times before - we see many new shouty positive sorts here every so often - they have all walked away poorer and, hopefully, wiser but they don't like being told. Oh no. They are sure they are right but there hasn't been one single one who was right throughout the carnage that the inept CEO has cursed this company with.

[mudbath] 09/11/2013 10:32

Well put vaneric.
Mines weakness was that,whilst he had the vision,he failed to grasp the scale and complexity of the problems that BIOME would face in bringing bio plastics to full commercialisation.
Possibly fortuitously,our company is currently edging toward its goal and with a comforting amount of cash in the bank.
Say ANYTHING positive in respect of BIOM and its like waiving a red rag to a bull,or bear in this case.
Whilst their is a growing case for optimism here,which is being backed up by facts gleaned from industry comment,the bear case is becoming ever more hackneyed, almost comical even.
begorrah88 et al profess to be vigilantes,warning the unsuspecting against investing in BIOM.
Possibly they will be proved correct.
Probably they wont.imo.

[vaneric] 09/11/2013 09:28

I have no relationship with Mines or anyone else in the company, I'm just an investor but nor have I a fixation with getting Mines out.

When I first took a punt here many years ago I had no expectation that the company would survive, it was just that, a punt, the former board had fingers in so many pies that it seemed just possible that one might succeed but that didn't happen and the whole thing all but went down the drain.

Poor decisions had been made, buying half of Biotec without knowing that their patents were dodgy, leasing a huge (for our needs)industrial site with a tie in contract that allowed no opportunity to back out without a heavy cost being just two.

That board was ousted by the biggest shareholders and Mines parachuted in, he's since managed to keep the company afloat and gradually removed those obstacles, took a long time and a heavy cost but much to my surprise we're still here.

We need to ALL do our best to promote OUR company not just sit back and expect the staff to do it, advertising pays and if you can advertise for free it pays even more. V

[begorrah88] 09/11/2013 09:03

vaneric
8 Nov'13 - 20:19 - 6485 of 6487 0 0

Their products lwaxf13 ? We own the company it's 'our' products if we can't be bothered to do our bit to spread the word why should we expect success? V.


No Van, it is not 'our' company - if it were we would be making decisions. We have chipped in with some funds expecting a much better level of stewardship of those funds. The opposite has happened and continued lazy and poor decisions have cost everyone [including you even with your .....'creative' accounting and maths]very dear.

I didn't realise you had such a poor grasp of how businesses work and your refusal to accept that the current board's shortcomings and desire to continually place the blame on other shareholders comments on websites is naive in the extreme.

Thank Goodness you are in such a minority.

I'll ask again - what is your relationship to Paul Mines?

[lwaxf13] 08/11/2013 22:41

>We own the company it's 'our' products if we can't be bothered to do our bit to spread the word why should we expect success? V.

Sorry V I am struggling with this just a bit. So it's retail investors job to do their bit for companies in which they hold shares otherwise why should they expect success? Right I think I got ya - so all successful companies (lets go wild here and think Microsoft, Apple, even the UK utilities raking in a fortune) are not successful because of any visionary leadership or astute business prowess it's all down to their shareholders doing their bit. That pretty much makes all CEOs and exec staff redundant. I am in the big city tomorrow. I will be stood on Oxford Street alongside the well meaning individuals warning against the fires of hell on their sandwich board except my board will say simply "Buy BIOM - All Competition Go to Hell!"

[pvazza] 08/11/2013 20:36

Seems a sad state of affairs, if PI's are having to do their bit to pull this back from the brink.

Why not offer to re-do their website too, Vaneric, rather than get those fly-boys in Silicon Roundabout to do it? Save them a few bob? Failing that, offer to work for them, in return for a bacon sandwich, the odd glass of tap water and your bus fare home?

[vaneric] 08/11/2013 20:19

Their products lwaxf13 ? We own the company it's 'our' products if we can't be bothered to do our bit to spread the word why should we expect success? V.

[lwaxf13] 08/11/2013 19:39

Actually so I am not accused of sitting on the sidelines and whinging I would just like to say what a terrific job Mr Mines has done since he arrived and what great products they have and that they sell by the shed load. Hip, Hip!!!

[lwaxf13] 08/11/2013 19:37

Hi Van, call me old fashioned but I would have thought it's up to BIOM to promote and sell their products (assuming they have any worth selling of course and that people want to buy).

I am curious are you out there touting BIOM and if so what on earth is there to tout about?

PS. It's not a retail investors responsibility to sell a companys products. That's what the BOD and employees are paid to do and well after 7 years in how would you rate the performance; excellent, good, average, below average, poor, shocking? ;-)