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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 |
Date | Subject | Author | Discuss |
---|---|---|---|
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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