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SYM Symphony Environmental Technologies Plc

3.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Symphony Environmental Technologies Plc 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
  0.00 0.00% 3.50 3.00 4.00 3.50 3.50 3.50 428,211 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Plastics,resins,elastomers 6.15M -2.89M -0.0156 -2.24 6.47M
Symphony Environmental Technologies Plc is listed in the Plastics,resins,elastomers sector of the London Stock Exchange with ticker SYM. The last closing price for Symphony Environmental T... was 3.50p. Over the last year, Symphony Environmental T... shares have traded in a share price range of 2.10p to 10.00p.

Symphony Environmental T... currently has 184,806,833 shares in issue. The market capitalisation of Symphony Environmental T... is £6.47 million. Symphony Environmental T... has a price to earnings ratio (PE ratio) of -2.24.

Symphony Environmental T... Share Discussion Threads

Showing 4751 to 4770 of 7450 messages
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DateSubjectAuthorDiscuss
25/11/2015
19:42
At least in the right direction. Wonder how much more could be cut to fund marketing.
hutch_pod
25/11/2015
17:48
I wonder if this may at last mean reduced swill rations for the BoD trough. Presumably Somerston are getting fed up.
hounddog10
25/11/2015
16:48
Neil I sold out at a loss which I am glad about, had a hung on I would have lost the investment. The BoD should be ashamed of themselves for treating the company as their own ATM. Somerston cannot be happy with their investment as now doubt the Hong Kong mob are. Nothing changes more B-ll s--t and Jam tomorrow scenario.
robertnash2
25/11/2015
15:38
More and more jam tomorrow...
tsmith2
25/11/2015
14:29
I never did buy any.
They sent me a sample pack of their bags 10 or so years ago but at the time it seemed that the world was not ready to pay the price.

piedro
25/11/2015
14:15
It is certainly my belief that SYM claim their additive causes plastic to biodegrade in the sea, and I believe that even includes on the sea bed down to moderate depths. However, I suggest you email the company or perhaps look on their web site. They certainly used to have literature on there which described the product.

I was a shareholder from the initial flotation, but I sold out a couple of years ago, so I may be getting unreliable. I very much support the aim of making plastic biodegrade. I eventually decided that shareholders were not going to make money out of this company, but still keep an eye on the company, and hope biodegradable plastic does become the norm.

gnnmartin
25/11/2015
13:21
gnnmartin,

Thank you for your reply.

I should really have expressed myself better and asked ...

"Does this plastic degrade in the sea?"

... as if I understand it correctly, the biodegradability depends on oxygen using
microbes which may or may not be present in the sea {above or below}

piedro
25/11/2015
12:29
Piedro, yes. It degrades in the presence of oxygen (I believe).
gnnmartin
25/11/2015
12:19
Not as fast as SYM investor's money does.

SYM is a lifestyle company for ML & the Board, both are perennial under performers & purveyors of jam tomorrow. Been hawking the same line for 15 years, going no where.

ionlypostafterbbms
25/11/2015
12:11
Please,
Does this plastic degrade in seawater?

TIA

piedro
25/11/2015
11:29
Is there a whiff of a placing in the air? If they can't achieve the target cost savings this is very likely
audigger
09/11/2015
21:23
No problem
bbd2
09/11/2015
20:16
Ah !!!

Apologies.

I will remove the post.

eeza
09/11/2015
19:32
Different Company eeza. This thread is for Symphony Environmental and not Symphony International Holdings.
bbd2
05/10/2015
00:05
In English perhaps?
ionlypostafterbbms
04/10/2015
23:59
load of tosh .. if Cantor are so keen why, have the loaded the Offer ever since the last fundraising?
mattjos
01/10/2015
16:45
Interesting section from Proactive Investor from 2014.

Yet with a valuation of just £14mln, you sense this stock has some way further to go, particularly if chief executive Michael Laurier and his team can tap into the multi-billion dollar market for the company’s products.

New investor Somerston Environmental Technologies certainly seems to get the story. It recently acquired 15mln shares in Symphony at a then 22% premium to the prevailing stock price, and the CEO himself bought 750,000 new shares at the same price.

It was done as part of a fundraise that brought in almost £1.6mln that will repay all the high-cost debt and bankroll the commercial assault on three major markets.

“The only biodegradable alternative to our product is crop-based,” said Laurier(HELLO HAS FORGOTTEN WELLS PLASTICS OR EPI?)

While Symphony’s biodegradable product is the most advanced (IS IT?), its antimicrobial additiveis also gaining some traction.

Symphony developed it for plastics with Janssens Pharmaceutica and has a five-year supply and marketing agreement with the Johnson & Johnson unit. “You effectively have a multibillion pound company endorsing Symphony,” said Laurier.


And as Laurier pointed out: “When you start looking at an anti-fungal for washing machines, fridges and air conditioning and water pipes it becomes very interesting to imagine where it can be used.”

And as Laurier points out, Symphony is operationally geared, which means a significant slug of any new sales will fall straight to the bottom line.

“That’s the beauty of our business model. Once we have covered our overheads … 50% of the revenues fall to the bottom line.” ("HAS THIS ACTUALLY HAPPENED?)

robertnash2
25/9/2015
10:44
neilrr I am so glad I got out of this stock albeit at a loss. Would concur with your sentiments. Surely Somerston cannot be too happy with their investment.
robertnash2
03/9/2015
12:38
Still going backwards - nothing changes. I wonder how long Somerston will allow this to continue and if they have the wherewithal to make the sweeping top management changes that are so massively overdue.
poftie
18/7/2015
02:20
Neilrr you must joking, retire at 65! Look at the vice chairman born in 1942 and still going strong earning in excess of £150k per annum. Another investor found to prop up the ATM in the boardroom. It will only be a matter of time before the authorities will take an interest in this shabby lot imho. I have enjoyed your posts which I will follow with interest.
robertnash2
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