Biome Technologies Share Discussion Threads

[heeley3] 30/6/2016 13:18

"inflexion point of significant revenue generation "

Management BS language like this seems to be a new phase. Have they employed someone new to write their stuff now?

A company as old as this is a LOooooooNG way past waiting for an "inflexion point of significant revenue generation "

I..POS..RG is the way forward.. All aboard!

[glyn10] 28/6/2016 13:26

mark, you can't help but be impressed by the level of incompetance of the BOD, I have never seen so much of such a high quality maintained for such a long period

[begorrah88] 27/6/2016 15:07

Insufficient funds to last to year end at current cash burn, directors not investing anything in it, RNS that sounds like they've given up on H2 and have been told orders won't be coming.

I'd say it is a safe bet this is dead

I'd imagine Mines & Standen are busy trying to find different companies to parachute into to take them to the floor but get a couple of years income out of.

[mudbath] 27/6/2016 14:39

In the event of BIOM revisiting 70 pence,then I will not be looking to re-re invest,for their is now an unmistakable whiff of dead parrot in the air.
I hope that I am wrong for the sake of any remaining term holders.

[begorrah88] 27/6/2016 13:10

No board member buying a single share.

They are presumably waiting for the cash call to say 'we are collectively putting nearly £800 of our own money as a sign of our commitment.....'

It is a laugh a minute this stock, especially if you are a board director, unless you own any of the shares having believed Mines whoppers in the past.

I wanted to get a price on Friday to sell 1000 shares but couldn't get a price - we know why now - the MM's must have known which is why they started taking it down last week.

[begorrah88] 27/6/2016 11:49

Rock & a hard place as no-one trusts Mines so I can't see he could raise any funds.

What's he going to say? 'we have products nearing end trial dates......again'

[heeley3] 27/6/2016 09:45

Whoa!


Trading Update

Total Group revenues for the first half are expected to be GBP2.2m (H1 2015 GBP2.1m). Whilst this revenue is marginally ahead of last year's performance, it is below that of the Board's expectations.

Is this the very first time that board expectations have not been met - despite us never knowing what they were.

More seriously, looks like another cash raising going to be needed.

[begorrah88] 27/6/2016 07:59

Worth noting that Mines has taken salary of more than the total Bioplastics revenue for H1

That is some astonishing arrogance and appalling greed.

[boldtrader] 27/6/2016 07:55

Morning beg, well that's all we need, I feel punch drunk! see we have been battered with lloy these last few days also, Not for the faint hearted this share job!! Good luck. Cheers.

[begorrah88] 27/6/2016 07:38

Dear oh dear oh dear

No mention of any reductions in board incomes.

Everyone's investments lose another third today as Mines tries to bury bad news and fails terribly.

Shameful, cynical announcement ahead of trailed trading update day.

Mines should walk and Standen should apologize for his negligence.

[jmf69] 27/6/2016 07:24

Surprise surprise

[begorrah88] 24/6/2016 13:05

Now £1.40 on the bid

Sub £1.50 to buy but still not a single director thinks that is a a good price to buy any

Tells you all you need to know

SP now below where it was this time last year, which was down on where it was the previous year.....and so it goes on.

Meanwhile Paul Mines takes a minimum of £10k per month, every month + perks for overseeing that decimation of shareholder value [and the chairman conveniently looks the other way]

[begorrah88] 24/6/2016 07:57

Better

£1.50 - £1.55

[begorrah88] 24/6/2016 07:51

BIOM £1.40 - £1.55 for a company that 'supposedly' exports and would be better off as a result of the £ falling?