Symphony Environmental T... Share Discussion Threads

[hounddog10] 04/6/2015 15:29

Litter bit on the Daily Politics today. Also quite a number of letters have being going into The Times on it in the last week.

[shrout] 04/6/2015 12:52

Growing litter problem highlighted in last Sunday's Observer. Not specifically about plastics, but (relatively) high profile people such as David Sedaris and Sir Andrew Motion adding their voice to the growing calls for action...



Also Alison Steadman raised the issue on last night's Springwatch Unsprung (about 13mins in)...



.. will the clamour eventually grow loud enough for the govt. to sit up and listen?

[shepc] 26/5/2015 13:44

That 10,923 was a buy not a sale, by meWhy are these wrong so often?

[robertnash2] 20/5/2015 15:17

Mattjos I would think it highly unlikely as insider dealing is against the law, besides I do not think this greedy board would sink so low.

[mattjos] 20/5/2015 14:40

Staff are buying, directors are buying and the main corporate investor is buying .. Leads one to ask whether there is something brewing on the commercial front that is yet to be revealed to the market

[mattjos] 19/5/2015 21:49

Somerton and the co. directors seem to believe, for whatever reason(s), that below the Somerton buy-in price is cheapskate, assume we are now in the process of building a floor in the share price at the 10p level for now.Somerton's track record does not lead one to conclude that they were born yesterday when it comes to money.Seems to suggest there will be some commercial developments of +ve note later this year

[bbd2] 19/5/2015 17:51

Now that is very encouraging indeed.

[hounddog10] 19/5/2015 17:12

Somerston have added to their stake (purchase in the market seemingly, no share issue by SYM) which seems to be the reason. 1.2 million shares bought.

[hounddog10] 19/5/2015 10:12

Yes they are certainly up to something. In the past I would have assumed puffing up the share price in advance of a fund raising. But now I would assume any new money will likely come from Somerston who are on the inside and wouldn't fall for that. So a bit of a mystery. They are out of a close period so they can buy if they think there is good news on the way unless the news is very immediate and specific. In any event having followed the QPP saga I am beginning to think anything goes nowadays on RNS announcements and director dealings.

[poftie] 19/5/2015 09:38

I still don't see how it can be any form of good news as these Board members would definitely be insiders - unless they have found a devious way to avoid breaching the law. More likely it is to do with some form of re-financing. Maybe Somerston are going to put up some kind of convertible debt and the investment now by the Board will a) reduce the amount they put in and b) maintain the Directors holding after dilution. All guess work of course but no doubt that they are up to something which is very unlikely indeed to be good for us.

[bbd2] 18/5/2015 19:28

I would have thought a placing highly unlikely given Somerstons recent involvement, unless he has been seriously misled or misguided. Something going on though which seems to have leaked.

[hounddog10] 18/5/2015 14:43

Funnily enough Poftie I was about to post something very similar to your post - esp that these guys esp Laurier don't risk their money, even limited amounts, for no good reason. The volume yesterday was quite high (about a million) - leaks as usual - and my sense is there is something good in the offering. I would normally expect this is the prelude to the bad news of a placing (certainly the usual explanation and a possibility) but I don't think they need the money.

[poftie] 18/5/2015 14:25

These guys do not put money in unless there is a very compelling reason to do so. It cant be a bid as they would be insiders. Does anyone have any thoughts why they might all be buying at the same time right now? I guess it could be the prelude to a dilution through a rights issue of some sort so that they can say that they have confidence in the future and they can save their jobs. Anyone else have any thoughts?

[hutch_pod] 18/5/2015 14:02

Yes.. the rise seemed to have taken place just before the RNS came out, though I guess shouldn't be too suprised by that.

[bbd2] 18/5/2015 13:37

Well that drop didn't last long. Always amazes me how Director Dealings valued at no more than a round of drinks (in the circles they are accustomed to)provides such positive support. Any decent news should send this flying based on todays market reaction. Will it though ?

[mattjos] 01/5/2015 20:21

An exclusion from the charge would be a hugely significant achievement for Symphony & likely make bags with their additive much in demand .... The recent additions to the board of politically oriented non-execs looks to be close to bearing fruit.Formal Acknowledgment & adoption of the technology by the EU will likely add significant merit to the other additives they offer and the other geographical regions that take it up.Would expect a significant re-appraisal of the company worth if they pull this off near-term

[mattjos] 01/5/2015 20:09

Interesting development today:http://www.letsrecycle.com/news/latest-news/eu-bag-laws-cast-doubt-over-bio-bag-exemption/

[mattjos] 22/4/2015 20:01

All you wanted to know about ...http://www.financialexpress.com/article/pharma/packaging-special/busting-the-myths-around-biodegradable-plastics/65983/

[tsmith2] 15/4/2015 23:25

6 directors...for a company this size...me and mates fleecing shareholders mentality...Whilst the company burns money year in year out..

[mattjos] 15/4/2015 18:46

Sold my traders recently but keep the long term stock. I see Cantor reiterated their buy note after the results but have remained glued to the Offer .. Best to do the opposite of them for now as they clearly have stock to ship out and are trying to lure in buyers.Whilst I remain persuaded that the company is making steps forward over the long term, on we several fronts, in the near term they have now twice demonstrated an ability to suck in new corporate investors at the high price immediately prior to a collapse in the price .. This I put down to the efforts of Cantor who are benefitting from each of these exercises as they punt the opportunity.However, the BOD is slowly being populated by external directors who are there to see their investment grow & cantor will now struggle to pull this stunt a third time, despite their highly dubious sales practices.

[neillp] 15/4/2015 17:01

There's comment from Investors Champion on SYM's results at

[bbd2] 14/4/2015 17:44

Not good. Does make you wonder what Bob Wigley and Somerston see in the company that we don't at the moment. One does have to wonder whether this is now an opportunity for Somerston to swoop and take this outfit over at this price. Interesting few months ahead although not for PI's I suspect.

[robertnash2] 14/4/2015 11:17

6 Directors’ emoluments totalled £874,000 in 2012 and £871,000 in 2013. If one assumes that the BoD knowing that the year end figures were not as expected despite continued hype and reduced salaries, benefits and pensions to say £500,000 (still overpaid)then a profit could have been established. The Remuneration Committee should be taken to task for allowing such gross mismanagement allowing directors to be rewarded for continued losses imho