Share Name Share Symbol Market Type Share ISIN Share Description
Symphony Environmental Technologies LSE:SYM London Ordinary Share GB0009589168 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 13.125p 13.00p 13.25p - - - 0 06:33:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 6.8 0.1 0.1 119.3 19.90

Symphony Environmental Share Discussion Threads

Showing 7951 to 7975 of 7975 messages
Chat Pages: 319  318  317  316  315  314  313  312  311  310  309  308  Older
DateSubjectAuthorDiscuss
15/11/2017
10:32
I am invested in SYM a small way as a test. Until now I could never understand the failure of SYM's ability to grow rapidly. We would all like to see plastic garbage rendered compostable - but it is not so, yet. Everyone invested should read the EU report on the subject of Oxo bio-degradation mandated by the EU commission to clear the subject of false claims. : https://publications.europa.eu/en/publication-detail/-/publication/bb3ec82e-9a9f-11e6-9bca-01aa75ed71a1/language-en. From this report, it is fundamentally clear that "PAC (Pro-oxidant Additive Containing) plastic is inhibited from biodegradation if not previously exposed to UV radiation (and to a certain extent heat)". The degradation, therefore, does not work in sea water, nor in compost stacks, but has some value in the open - - as Saudi Arabia is probably banking on. There is however still a snag, even in this category of application. That it works partially, under favourable conditions, encourages the throw away attitude, which may still mean a net accumulation of litter long term. More scientific research needs to be undertaken by governments second, perhaps, only to the problem of global warming, to begin to roll back global suffocation from waste plastic. We also have so called Frankenfoods, plus mercury and lead, and other poisons accumulating in the food chain, like, nico-cotenoids,etc, so perhaps again PAC is not the second greatest scourge to mankind. There is competition galore.
scrutable
13/11/2017
12:55
The fact is that Symphony's d2w product works; absolutely no question about that. Oxo is basically the only valid science that largely solves the litter problem caused by HDPE-LDPE-POLYPROP single use plastics, the main contributor to marine pollution. The compostable lobby is in denial that composting can only occur under specific environmental conditions, which just do not exist in the open environment.
masterbatch
08/11/2017
20:32
Certainly restricts the market in Europe with some big names supporting the study.
hatfullofsky
08/11/2017
11:20
hxxp://www.plasticsnewseurope.com/article/20171106/PNE/171109947/leading-players-back-call-for-ban-on-oxo-degradable-plastic-packaging#email_pneweekly Symphony still has it s detractors. It is hard to reconcile this negative view with the view form countries that Support OXO - degradables.
heeley3
07/11/2017
14:00
Somerston adding still more
mattjos
06/11/2017
16:04
making steady quiet progress in a virtually dead general market. 5 month closing high today
mattjos
01/11/2017
13:15
Fortunately I haven't been here for 15+ years, jam tomorrow shares seldom interest me (SYM are now a profit making company so interest me)and I'm not too much bothered about history (plastic pollution has taken center stage over the last 6 months), past performance and all that. Timing is one key element to successful investing those that got in sub 5p in January are sitting pretty (as are those that were in at sub 5p in 2013 well those that held). If you've been in this stock / any high risk junior stock for 15 years you should reassess your investment approach.
hatfullofsky
01/11/2017
09:29
neilrr has put all in perspective as has poftie. 15+ years of wonderful marketing which has lead no where except lining the pockets of the greedy BoDs. There are other companies such as Wells Plastics who manufacture and market their equivalent product with great success and profit. History will repeat itself here!
robertnash2
31/10/2017
23:55
BBsc do you have a holding here ? Value input not rhetoric
hatfullofsky
31/10/2017
20:48
If your business invents something TRULY inventive, not just borderline inventive but, genuinely inventive whereby Claim 1 of the patent will stand on its own feet without the supporting claims 2 -> onwards then, it warrants the expense of a patent. & remember that the filing costs & ongoing renewal costs pale into insignificance with the costs of a patent battle in court.Patent insurance is, imo & my experience, a total waste of money.The money is far, far better spent on commercialisation, branding and marketing of your product.I believe the management of SYM understand this very well & have chosen wisely to spend on development/iteration/diversification of the underlying tech in conjunction with branding/marketing & distribution deals. I firmly believe this is the way to go & will be rewarded
mattjos
31/10/2017
20:39
hat, LOL at "proven, respected and eco accredited"! It's a lifestyle company with many false dawns, many promises, many shareholder expectations, all of which came to exactly SFA. You're just the latest in a long line, a 15+ year long line, of mugs to believe the BS & buy the shares.
neilrr
31/10/2017
19:41
Unless you intend spending an absolute fortune on patents in this space .. & I would suggest that is a waste of money .. the space will eventually become dominated by the company with the best marketing & branding and the strongest distributor network.The branding & marketing thereof is IP.Symphony, imo, are winning this battle
mattjos
31/10/2017
19:10
So went direct to the source, Poftie you are correct, this is the response I got. "In respect to IP for d2w, we have registered trade marks, but the product itself is not patented. There is prior art preventing this BUT the key here is the particluar formulae that we use, 10 years+ of product credentials, and the brand itself, which is seen as the world leader in OXO technology" So the company seem positive enough but no IP but potentially a USP in established, proven, respected and eco accredited.
hatfullofsky
31/10/2017
13:33
Whatever anyone says, SYM have no degradable IP and, much more important, is that the technology is well known and in the public domain. In the unlikely event that it ever took off (and its been on the runway for over 15 years) it would be easy for anyone to copy it.
poftie
31/10/2017
09:40
Unsure whether Mattjos is LOLing at you, hat, for your scanty pre-purchase research or at me for claiming SYM have no patents & SYM own no IP. Perhaps he'll clarify.
bbmsionlypostafter
29/10/2017
23:05
Mattjos - from you comment I assume they have, can you confirm please.
hatfullofsky
29/10/2017
22:25
Lol .. no research
mattjos
29/10/2017
21:54
They have no patents & no IP. Nothing.
bbmsionlypostafter
29/10/2017
18:26
hatfullofsky 28 Oct '17 - 16:26 - 5103 of 5105 New investor here, great update, stubborn share price - 1.75m buys from 10am did not shift it. Q for the more knowledgeable, I see they have registered trade marks and the ECO accreditation but do the have any significant IP ? hat, Wouldn't that be a question best addressed BEFORE becoming a new investor here?
neilrr
29/10/2017
14:59
Legislation has changed and will hopefully be adopted elsewhere.BTW the term compostable is incorrect bio-degradable is the term. Subtle but significant difference.
hatfullofsky
29/10/2017
14:39
I have seen this company around at investor exhibitions for something like 10 years, and whilst always thinking that a compostable plastic was essential to modern society, could not understand why noone was using it. There seemed to be an insurmountable obstacle to getting the sales appropriate to a company who could rid the world economically of spent plastic bags. I even followed Biome, a spin off from Stanelco, which attempted to develop plastics based on starch, but they failed in that respect. Is it just that plastic processors and retailers are obdurate at introducing a tiny increase in costs? Now that the UK Government has forced them to charge 5p for a bag, that obstacle must have disappeared. Are there still impediments to the necessary take up, and what are they still? Their time may now have come , but why ? What has changed?
scrutable
28/10/2017
16:26
New investor here, great update, stubborn share price - 1.75m buys from 10am did not shift it. Q for the more knowledgeable, I see they have registered trade marks and the ECO accreditation but do the have any significant IP ?
hatfullofsky
27/10/2017
21:07
After dithering for ages today I joined the party. Big question is when does the UK start taking it seriously?
dozey3
27/10/2017
14:56
Thanks Mattjos. Finished researching SYM and like potential here very much. Feels like Saudi Arabia has been the catalyst that has driven growth and hence the ahead trading update, it will be interesting to watch developments and news of other countries that adopt their technology. If the technology is adopted by other countries then there will be one of two outcomes here, SYM will become a much larger company or they will be taken over before that is allowed to happen.
interceptor2
27/10/2017
12:48
Highest Daily Volume since Jan 16th 2013. - Trading ahead with good cash creating and ID in place to fund the growth. - Balance Sheet sorted in readiness for the start of dividend payments. - Largest corporate shareholder has been a recent buyer - Directors have all been squirelling their shares into ISA's a few months before this recent news flow. Let's see now if we can go on to crack the 17.5p & then the 21p level in the weeks ahead. Any continuing sales growth will quickly drop through to the bottom line as most of the cost base is fixed & covered by sales at lower level than now being reported. What's not to like?
mattjos
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