Biome Technologies Share Discussion Threads

[marmar80] 22/9/2022 06:51

All lower now but higher in H2 but still lower than expected. Mines is losing the plot here. This man needs to be replaced for someone who is proactive and who can sign one proper contract per year. I am officially annoyed after all those years od waiting. Big regrets haven't sold when it was over 300.

[iceagefarmer] 22/9/2022 06:46

disaster...justin waite the clown tipster

[marmar80] 22/9/2022 06:36

Jam tomorrow again

[markstevenkirby80] 05/9/2022 08:02

Bad news then :))

[marmar80] 01/9/2022 15:38

They have a good product but the speed of implementation and signing any contracts is just unreal. CEO needs to be changed.

[markstevenkirby80] 26/8/2022 11:49

I did buy a few not showing

[iceagefarmer] 02/8/2022 11:11

look on the brightside cash burn was only £300k during last 6 months..previous 6 months it was £400k...thats a result for biome

[sirmark] 02/8/2022 10:11

Dear o dear More off, this time next year Rodders !! Don't worry next year will be better.

[pugugly] 22/4/2022 14:25

Adven members should have a quick whip-round and buy the company.

Should be some members with great management and entrepreneurial ability to turn the company round and make it a great success - That is if and it is A BIG IF the technology performs as claimed and IF there is sufficient profitable consumer demand, at a profitable gross margin.

[sirmark] 04/4/2022 12:43

That's some spread

Bid: 170.00 Ask: 280.00

[marmar80] 30/3/2022 19:16

It feels like 10yrs ago here. Financial crisis didn't help bioplastics, then covid, now 'war' climate and inflation and maybe another stagnation on the cards.. The world is still using way too much traditional made plastics. Unsure when this will change, seems governments are not interested in banning oil made packaging.

[thordon] 30/3/2022 18:04

Need fresh blood from a BoD point of view.
Not asking for any Bod to be sacked but its stagnated and can see other opportunities within Biome not adapted.

[pugugly] 30/3/2022 13:39

Still well up on the December 2020 fund raise at 120p but virtually no change
in revenue from 2020 to 2021 - underlying LOSS however reduced according the Allenby note from £1.423K to £1,087K - but a LOSS is still a loss. Also Allenby still see as lossmaking out to 2003.

Now OK adoption of new technologies takes far more time than most estimates but have investors been too lenient with management?

[pugugly] 30/3/2022 08:38

Those who got sucked in at over £3.00 between April and December last year must be feeling very foolish (imo) So good chance if their gains are over the CGT limits this year Biome might be one on their tax selling list so current fall could gain downward momentum.

One for the Case History books (imo) Driven up above fair value by a strong ESG propositon and falling back when ambitious targets not met.

The BIG question - IS THERE ANY REAL VALUE IN THE TECHNOLOGY? Or is it just a laboratory pipe dream - Only time will tell and so far as I can tell a positive evaluation as to whether tree shelters meet their objectives could be up to 7 years away - Far to long to wait for many - The bad news timeline could be a lot shorter if they fail to have a 5 year life and fail early and therefore do not give protection.

Also market cap < £8 so well below many ESG fund mangers participation criteria.

Other thoughts?

Declaration - Used to hold but got out with minimal loss.

[dan_the_epic] 28/3/2022 06:39

in the mud. where is myles rampty?

[slicethepie] 24/3/2022 15:50

Bio plastics is the hottest party in town and mines is fast asleep in the corner. Still expect a placing at some stage with friends of the broker and pi excluded.

[begorrah88] 24/3/2022 08:50

Paul Mines, Chief Executive Officer said : "The Group has good opportunities for growth in 2022.You have to laugh at the guy.Year after year after year after ...............

[slicethepie] 22/2/2022 08:57

I am out now, I suspect we will see another fund raise and once again existing long-standing private investors will be ignored in favour of chums by their brokers.

[slicethepie] 27/1/2022 08:14

Can't believe the major shareholders put up with such woeful performance. The world is crying out for their products and there is money out there but mines is never at the party.

[sirmark] 27/1/2022 08:06

I was just going to post that and I love the way he states they have no bank borrowings like that's and achievement.