Biome Technologies Share Discussion Threads

[amt] 23/7/2018 08:00

The big difference is thats the World has woken up to the issue of plastic waste in the last year or so. Its been very obvious that there is a new market coming into existence over the next 5 years or so. I am very excited by the potential here.

[boldtrader] 23/7/2018 07:53

Its been causing the potential of excitement since 2001!! or the potential of a potential of excitement !! Biome is very successful in this field, potential.


I would rather call our begorrah a pragmatist realist truthful activist with regard to Biome. he's been here so long I almost feel we're friends!!

Like an old dog with a bone I will hold out now,my once considerabe stake (to an ordinary working lad as was in 2001) is now written off so any advance in the share price is all abit of bunce.


Regards Beg and all and any other old timers who still frequent this BB from time to time.
Are you still about and well Tony? Cheers.

[amt] 23/7/2018 07:52

Yes the RF business supports the market cap alone. Bioplastics then has potential even as early as a year from now of taking off.
I have pencilled in 9.5 m turnover for the year.
Market cap less than one years turnover and with very rapid growth in sales with possibility of truly transformational growth if Bioplastics takes off this looks very cheap to me.

[begorrah88] 23/7/2018 07:38

Hydrus

When Mines goes.

That last share award [in lieu of a £30k bonus FFS!] that he then sold half of 'to settle tax' was just a slap in the face to shareholders. Had he kept the shares he would have had no immediate tax liability

[someuwin] 23/7/2018 07:33

Good update. This is an exciting growth company based on their RF Technologies Division alone.

The Bioplastics Division provdes the potential for excitement due to current plastic concerns.

[hydrus] 23/7/2018 07:27

Lol you're most definitely a stale bull Begorrah. Good to have a pair of (very) sceptical eyes here mind you. Having said I wonder when you might begin to change your mind.

[begorrah88] 23/7/2018 07:23

Well, we were told this

'The Group continued to manage its cash position carefully, taking cash balances at 31 December 2017 to GBP2.3m (31 December 2016: GBP1.5m). This positive movement included the receipt of the one-off settlement agreement recorded in 2016 of GBP0.45m. The cash generated by operations, excluding the GBP0.45m settlement agreement mentioned above, was GBP0.2m (2016: cash generation GBP0.3m), which included a decrease of GBP0.2m in working capital, mainly the result of deposits on equipment orders in the RF division due for delivery in 2018. Capitalised investment in product development was GBP0.1m (2016: GBP0.5m).

Which is usual Minesspeak for 'Look into my eyes, look into my eyes, the eyes, the eyes, not around the eyes, don't look around my eyes, look into my eyes, you're under'

[hydrus] 23/7/2018 07:15

We were informed of that in the full year results for 2017

[begorrah88] 23/7/2018 07:13

This line made me laugh

' balanced by the unwinding of advance customer deposits previously received by the Company.'

I don't recall previously being informed that the cash position included customer deposits received'

[hydrus] 23/7/2018 07:10

Revenue for Bioplastics has actually started to increase though. £0.5m vs £0.4m in Q2 in prior year. Therefore a positive sign. 43% revenue growth overall is fairly spectacular. Tiny Mcap and high cash balance. A pleasing statement I thought.

[begorrah88] 23/7/2018 07:06

'Revenues in the Bioplastics division in H1 2018 were GBP0.9m compared to GBP1.2m in H1 2017'

Sums it up for me really. All the rest is just copy and paste from all the previous updates of jam tomorrow.

Thank Goodness for RF!

[jmf69] 18/7/2018 16:42

Decent rise on low volume. Not much stock around

[marmar80] 18/7/2018 14:11

Marketing works pretty well in the recent months. Hope there is some at least small new contract in the bio pipe.

[jmf69] 18/7/2018 14:03

Will settle for similar to q1 with good guidance

[marmar80] 18/7/2018 12:46

I hope this one will be big

[jmf69] 18/7/2018 12:39

Update on Monday.

[vaneric1] 07/7/2018 16:04

Well the CEO and the chairman are certainly well rewarded.

[hydrus] 07/7/2018 12:41

Stale bulls on here just like when I invested in ZOO. Having said that I have more sympathy with the stake bull argument here but there is still a good risk reward in my view.

[jmf69] 07/7/2018 12:27

Can see a gradual increase in bioplastic sales but the big jump should be when they industrial composting facilities are in place.Still sitting on a loss but happy to hold with the public sentiment turning against oil based plastics and the need for companies to find alternatives.

[begorrah88] 06/7/2018 14:02

'Within 5 years.....' That should just about be long enough for Mines to take a handsomely funded retirement and avoid any of that business of having to actually close any contracts.

[amt] 06/7/2018 07:37

Market Cap of only 8m so massive upside if this leads to its potential. Market is obviously enormous.
Over 100 billion £ and then another hundred billion for plastic containers globally by the way.
So it's clear that Biom is addressing a multi billion market locally.

[hydrus] 06/7/2018 06:48

Thanks JM - Biome name checked as the company involved in that second article so that's a real positive.