Biome Technologies Share Discussion Threads

[marmar80] 25/4/2018 12:43

Thanks morgan.

[jmf69] 25/4/2018 10:31

Thanks morgannn.Look forward to any update you can give us

[morgannn] 25/4/2018 10:26

Hi All,
The AGM was slightly bizzare to say the least.
I was the only shareholder to have turned up in 3 years,so ended up sitting around the table with the company and advisors!
Paul and John were surprized to see me and I was greeted like a long lost friend.
The formal proceedings having been completed , I was invited to ask questions and this really developed into more of an informal chat.
Of course there was no presentation.
After a while I left them to get on with the board meeting.
Will post a bit more when I have some time.
I see no reason to sell.

[hydrus] 25/4/2018 09:09

I've held my nose and bought a few despite concerns about lack of Director ownership. In theory it looks good value and the revenue growth is strong but I don't have quite the same confidence as when I bought ZOO at a similar market cap.

[boldtrader] 25/4/2018 08:37

Yeah amt, patience required, lots of it!! I and a few more on here have endured double digit years of patience and pound losses. With all the news on plastics recently Biome should be "making hay while the sun shines" so to speak!! regards to all.

[amt] 25/4/2018 08:06

I was encouraged by the trading statement. Turnover on target for at least 8m which would exceed market cap. Also cash generative so no risk of placing and dilution. So on basis of current trading the share is fairly cheap and there is always the prospect of a breakthrough in plastics 2 or 3 years down the road. I shall add if share price falls back. Patience required.

[temmujin] 24/4/2018 23:01

sold out today..very dissappointed with figures and no trading update for months now so piled into CLP and ANGS

[jmf69] 24/4/2018 22:34

I saw this on the BBC and thought you should see it:Record concentration of microplastics found in Arctic -

[jmf69] 24/4/2018 17:18

The UK has an opportunity to lead the way in tackling global plastic waste by becoming a world leader in bioplastics, according to a new report, Bio-based & Biodegradable Plastic in the UK.The report by bioeconomy consultants NNFCC concludes that recycling alone is insufficient, and bioplastics – plastics made from plants instead of oil, many of which are biodegradable – are crucial to addressing the waste problem. It also shows that solving this global problem represents a significant economic opportunity for the UK, which should act now to capitalise on anticipated demand for bioplastics.The plastics challengePlastics have many advantages – they are lightweight, durable and easy to shape – so are critical to industries from packaging to cars and planes. But they come at huge environmental cost: requiring 3.5 million tonnes of oil every year for production in the UK, taking centuries to decompose, creating landfill, polluting oceans and blighting landscapes.Recycling is widely advocated as the solution, but the report highlights the limits of this approach. Although most plastics can be recycled in theory, the majority are not. Some 50% of plastic packaging items don't have viable recycling pathways[1]. Food packaging needs to be cleaned before recycling which is often not possible (street food, music festivals, etc). Despite best efforts to promote recycling, plastic continues to enter and damage natural and marine environments.The report also rejects calls for an outright plastics ban, which would see them replaced with traditional materials such as glass. It cites calculations that replacing plastic with such materials would increase EU greenhouse gas emissions by 61%, largely due to costs of transporting more weight.It concludes that a shift to plastics produced from renewable materials and designed to be biodegradable, would address the environmental problems with plastics while retaining their benefits.A global solution driven by a UK economic opportunityThe report argues that the UK is well placed to lead the way in developing bioplastics to alleviate this pressing challenge. It also shows that it is strongly in its economic interests to do so. With the right support from government and industry, bioplastics could create 34,000 jobs and contribute £1.92 billion to the UK economy in the next decade[2].The UK has a captive market. It is the fourth largest consumer of plastics in Europe, and a major plastics exporter, with many of its customers already demanding alternatives.It also has the skills to innovate in bioplastics thanks to a decade of investment in its world leading universities and companies at the cutting edge of biotechnology. The plastics industry is a major UK employer – skills and capabilities that easily transfer to bioplastics production.Further, the report is clear that the UK has sufficient waste biomass from agriculture to sustain a thriving bioplastics industry.Adrian Higson, Lead Consultant Bio-based Products, at NNFCC says: "Bio-based plastics are far less carbon-intensive than oil-based plastics. Because they are produced from plants that have sequestered atmospheric carbon dioxide during their growth, they can help reduce CO2 emissions associated with oil-based plastics."With the right investment in scaleup facilities, the UK could be the world leader in plastics, only this time it would export sustainable, biodegradable plastics, that help alleviate plastic waste."Bio-based plastics are ripe for innovation. If the UK doesn't capitalise on the opportunity, UK manufacturers will become reliant on foreign imports for bioplastics."Seizing the opportunityThanks to investment in research, many bioplastics now have comparable functionality to oil-derived plastics. To turn innovative ideas into sustainable solutions, the report asserts that UK government support is needed for the transition of the UK's ground-breaking R&D into industrial scale production. This includes effective policy, new open access production scale-up facilities, and support to attract private investment in bioplastics. This makes bioplastics cost-competitive and therefore encourage the adoption of greener alternatives.This has many economic and environmental advantages: reducing plastic waste in oceans and the natural environment, reduction of CO2 emissions associated with oil- based plastics, growth of a globally important industry in the UK, and job creation in Britain's industrial heartland. The UK already aims to achieve zero avoidable plastic waste by the end of 2042, bioplastics are crucial in achieving this.Paul Mines, CEO of Biome Bioplastics, who was consulted in the development of the report, says: "Reducing plastic waste is a global imperative and it's encouraging that demand for cleaner alternatives is now being driven by the public, thanks to widespread publicity in popular media about the damaging impact of plastics on the environment. The UK is well placed to meet this demand given that it is a world leader in bioplastics research and early stage demonstrations. If government and industry collaborate effectively, this has the potential to scale to meet industrial level demand.".

[begorrah88] 24/4/2018 15:19

I see that poor bioplastics sales are still down to 'timing' yet when they are up it is due to 'success'Down 50% on last year with all the money they've thrown at it and all those years & years of trials?Mines still failing to deliver and only RF saving the day

[jmf69] 24/4/2018 14:25

I saw this on the BBC and thought you should see it:Coffee chain Boston Tea Party 'first' to ban disposable cups -

[jmf69] 24/4/2018 12:05

Surprised by the drop in share price New bioplastic products do not just go on sale straight away. They have to go through the various phases before commercialisation and as they say should see new product sales in H2. Revenue on target to hit £8m?

[marmar80] 24/4/2018 10:52

Anyone attended Agm?

[jmf69] 24/4/2018 07:30

Trading update... rf revenue up but bioplastics down due to standard issue of frequency and timing of production runs

[talk2dubya] 20/4/2018 11:21

Because it’s very difficult to buy in volume perhaps ?

[jmf69] 20/4/2018 11:02

That's because people are lazy. Bioplastic is the only realistic alternative

[marmar80] 20/4/2018 10:48

Costa said this week that their programme bring back the coffee cup to one of their shops doesn't work. Only 3% customers returns cups for recycling.

[jmf69] 20/4/2018 10:45

Anyone know there are so many small buys??

[jmf69] 20/4/2018 09:18

Agm and trading update on Tuesday

[talk2dubya] 20/4/2018 08:57

Added some more this morning, looks like it’s ready for a move north.

[marmar80] 19/4/2018 23:36

From the rivers to the sea. Rubbish in the sea has no owner. Easy way for them to get rid of the plastic and rubbish in general. Sad story for all the water creatures... and next generations.

[jmf69] 19/4/2018 22:52

I saw this on the BBC and thought you should see it:Giant plastic 'berg blocks Indonesian river -

[talk2dubya] 19/4/2018 10:13

hxxps://www.britishplastics.co.uk/Environment/bioplastics-better-than-total-recycling-for-uk-plastic-waste/

[talk2dubya] 19/4/2018 10:09

Thanks for sharing, I bought in today on a P/E ratio this is chronically undervalued. Notwithstanding sentiment has shifted in the market and they are well placed to take advantage.

The revised LTIP, whilst generous does provide a massive incentive to get the share price moving.