Biome Technologies Share Discussion Threads

[jmf69] 19/2/2014 10:43

Mr V A Pereira added just over 12k shares.

[heeley3] 18/2/2014 12:23

Cereplast report a $34M LOSS on $2.1M sales.

Epic, easily eclipsing Biom and predecessors on scale.

Just WOW.

If a well known bio polymer maker in the US only sells $2.1m of stuff, what does that say about the true market.

but read this article:-

hxxp://basicsmedia.com/what-does-cereplast-inc-otcmktscerp-say-about-plastic-bag-legislation-8377

and you would think the market is about to really take off. Of course, on historical precedent, it won't.

(link is slightly mangled - I know not why. Replace hxxp with http)

[begorrah88] 18/2/2014 06:38

Buy them! follow them down the drain more likely.

That write up sounded just like BIOM and even the CEO sounds like Mines will when it happens to BIOM

CEO Frederic Scheer said: "We have taken a number of steps to improve our operations over the past few months and we were making great progress; however, the lack of traction of bioplastics demand in the United States, the repetitive delays in implementation of the bioplastic regulation in Europe and especially in Italy combined with the legal problems created by several of our lenders made clear to our board that reorganization was the proper path forward. We believe that this reorganization will enable us to reduce our debt and implement operational changes, while maintaining our commitment to the environment."

Last year the company moved its headquarters to Seymour - where the company operates a bioplastics plant - from El Segundo, Calif. At the time, the company said the move would save the firm at least $600,000 per year.

Reads just like all of Mines trading updates/results with cost cutting coming too late and blaming everyone else but himself - and he is still keeping his job. It is just the shareholders that will lose everything.


That is a stark omen if you ask me.

[sirmark] 18/2/2014 00:57

Just had a sickening thought, I hope we're not going to buy them...?....

[sirmark] 18/2/2014 00:54

It was always coming


Been following them for a while and the share price was about 0-002 the last time I checked a week or so ago

Things are tough in that market place, IF Paul can show good profits on these sales of the coffee pods and other HT products then he may be able to say I told you so but that is a big IF.

I'm hopefully and expecting the RF to really perform this year as well as the biom and feel a profit for the y/end could and should be targeted by the board and I'm hopefull of this being shown a route in the gala year figures, but I would like to see the figures of the last quarter as this will prove if we are going in the right direction or if we are just hiding behind stock but if the revenue isn't there then it's all lies ?!?we shall see

[jmf69] 17/2/2014 17:54

Good or bad? http://www.plasticsnews.com/article/20140217/NEWS/140219925/bioplastics-maker-cereplast-files-for-chapter-11-protectionThoughts?

[begorrah88] 10/2/2014 08:54

That post of yours effectively killed any buying [although I could't see the 'steady and significant' buying you mentioned].

Nope, same old BIOM - no RN, no articles in any journals, and an absence of any buying while the sells carry on as they always have.



On LSE there hasn't been a single share bought since your post

[mudbath] 04/2/2014 11:10

Steady and significant BIOM buy trades suggest to me that (a)the next RNS is going to be positive,and(b)the share price is about to increase rapidly.

Ready when you are !

[begorrah88] 30/1/2014 11:46

SM

Seen BLNX today?

send shivers through ya!

[mudbath] 25/1/2014 12:44

10c and balmy in W Yorks.

[vaneric] 25/1/2014 11:31

+8c and sunny here in West Gloucestershire.

[begorrah88] 25/1/2014 10:08

Birmingham?

[tonyrelaxes] 25/1/2014 10:02

Tks, Bold. All well here - but cold!

(-15c on a bright, sunny, afternoon)

[boldtrader] 24/1/2014 13:49

Happy New year Tony, Hope you and all are keeping well,

[sirmark] 24/1/2014 13:42

Couldn't agree more Tony.

The share price needs to be aligned to this bod, and I think progress would come.... don't forget PM gets paid more to run BIOME than the other PM gets for running our country. !!!!

[begorrah88] 24/1/2014 13:41

Good point.

Better to have these chancers working for you rather than against you.

At least old HW effectively wore a striped shirt,eye mask and had a bag marked swag whereas the current one smiles as he takes money off people.

A bit like HW was robin Hood and PM is Bernie Madoff

[tonyrelaxes] 24/1/2014 13:21

On bitter reflection, Howard White didn't seem that bad.

At least he had an interest in the SP, albeit for possible unworthy reasons.
And he certainly knew the benefits of providing some information - along with abundant hope.

Oh, well. Chin up. Next year ...

[begorrah88] 24/1/2014 12:27

Now that did make me laugh!

What a meritorius last 6 years we've had then!

over £11million burnt chasing dreams and then dropping them.

Forgive me Mud but you sound like someone that has spoken to Mines ,got the full ramp from him, and has swallowed it hook line and sinker.

Did you hear him chuckle, Vincent Price stylie, as he was putting down the phone?

[mudbath] 24/1/2014 12:20

Thanks sirmark for your "take" on BIOM.
My advice would be to seek out your lost confidence in the company.
Mark my words;the share price will show significant relative strength from today's quoted
£1.60 as we approach the release of the preliminary figures.
Cash burn,as I mentioned above, can be construed as meritorious.
imo.