Symphony Environmental T... Share Discussion Threads

[spawny100] 22/5/2018 11:07

Program on R4 now about plastics. Wonder if this technology will get mentioned?

[mattjos] 22/5/2018 09:14

no .. maybe not jh .. too well bid down here.

let me know if you need anything re the pm ... loads on the thread already but, happy to share if it takes your fancy. You'll love the chart :-)

[john henry] 22/5/2018 08:46

LOL I dont see you getting 20-21p Matt

[john henry] 22/5/2018 08:39

Hi Matt, Thanks just seen your PM, will certainly do some research.

Great looking chart and congrats on the investment return.

[mattjos] 21/5/2018 20:31

Jh ... did you get pm I sent you couple of weeks ago?

[mattjos] 21/5/2018 20:31

Am greedy jh ... 21-20 would be better :-)

[john henry] 21/5/2018 16:25

top up time around 23p Matt imho

[mattjos] 17/5/2018 23:52

Great day .. added more on this mornings drop. Nice to see a few new posters

[nick_dunton] 17/5/2018 17:11

Hi Acamas,I'm not sure to be honest, I've never had a stop loss fail before, but I'm only seldom in illiquid stock and been fortunate never to be caught out on an overnight drop. In this case it's annoying as I got stopped out at 24p which seemed a sensible level when it was at 32p.. and it returned to 26-27p straight after leaving me out in the cold. I'll deffo consider a trailing stop for this kind of share in the future tho, cheers

[acamas] 17/5/2018 14:33

Nick,

What if the shares crashed to 15p and the broker could not find a buyer at 24p. Would you still be holding them at 15p because the broker could not find a buyer on the way down. Do stop losses always work I prefer a trailing stop loss of say 10% operated manually on volatile shares under £1 per share. What this amounts to is top slicing profits and looking for substitution shares to go to with my rescued capital when shares such as SYM go into free fall

[nick_dunton] 17/5/2018 13:45

Cheers Volsung, lesson learned about giving more latitude on stop losses for more volatile stocks... now waiting for a dip to get back in

[volsung] 17/5/2018 13:18

Bad luck Nick.

[nick_dunton] 17/5/2018 13:17

Argh, share price tickled 24p and triggered my stop loss!

[volsung] 17/5/2018 09:47

I have topped up for the third and last time. Back to 30p sharpish I hope

[acamas] 17/5/2018 09:07

I think he is referring to profit. I hope so otherwise it is nonsensical

[handykart] 17/5/2018 08:37

How can you have an investment of over 100% ?

[acamas] 17/5/2018 08:29

Does it suggest that we have very few buyers at this price so the stock is attempting to find the level which might tempt buyers back in?

[john henry] 17/5/2018 08:24

Wow market has certainly ripped into SYM. Im not sure what the market was expecting from the update. However it has risen recently on a bit of a bubble. so a sharp pullback should be expected.
Still a great long term hold.

[swiss paul] 16/5/2018 21:14

Matjoss / spawny - my investment with these muppets is now +88.86%, it was over a 100%. So put your money where your mouth is then. Are you happy at losing that amount.
So show me a company who purchases a distribution channel - it aint core business.

Another Muppet statement:
revenue from Saudi alone could - notice the word could? If Africa grew enough food it could feed itself - is that likely to happen?
Ah so you listened to them speaking - what do you expect - the truth - or spins? C'mon - think about it - every RNS you read is full of spin - get behind the headlines. Its more about what is not said.
Am not worried about summits - am worried about sales - and cash coming in - sending out RNS's (that cost money) only to say someone is on TV - that is my money they are wasting. AM sure you understand the difference and the pricing structure on the various types of RNS?
Finally - why do you think the share price has tanked since the T&O update?

[petewy] 16/5/2018 12:51

Melody "that revenue from Saudi alone could double SYM's current revenue."
very relevant to say the least

[luckymouse] 16/5/2018 12:17

Was a lovely chart

[melody9999] 16/5/2018 09:20

SP - 5504. Entitled to your view but I have to disagree.

1 Directors own 25% of the company - mainly Laurier and Robinson - so their interests are aligned with ours.

2 From a revenue perspective SYM is a long term play because d2w sales are dependent on govt legislation. So influencing 'the powers that be' is important. I got the impression from the RNS, the specific amount of £375K and the timing of the spend that our BOD had a very clear plan of what they intended to do. The European Summit next week is certainly on their agenda and there is clearly a lot of momentum on the plastic issue at present.

3 However the company is also developing other sales channels eg anti-microbial gloves, decontaminating water pipes.

4 I listened to the company speak recently at the UK Investor Show and noted a comment "that revenue from Saudi alone could double SYM's current revenue.

I consider the management team as very important when investing - and in that respect, far from being 'old style', I think the SYM management seem to have their 'finger on the pulse' .....aside from which we have the comfort that they will be very interested in seeing the share price rise too.

[spawny100] 15/5/2018 20:46

Management must be doing something right swisspaul as they have doubled the shareprice since your deramping efforts in January. Doubt you are a holder so must be sore missing out on that rise...

[mattjos] 15/5/2018 20:44

Swiss Paul .. I suggest you stick with bulletin boards because business and how to grow one does not appear to be a skill set you possess. Where do these people come from ?

[swiss paul] 15/5/2018 20:36

Maccamd and Matjos- are you reading the same statement as the one issues today? Its woeful!

Entered into a memorandum of understanding to acquire one of Symphony's existing European distributors. Whilst there can be no guarantee that the acquisition will happen, if it did proceed it would provide Symphony with €2.5 million of revenues primarily into the French major retail market. This investment would also be funded from existing resources. FFS - you don't start taking on distributors - unless your in the distribution game. Its not core business. That is old school thinking.

Wooly and I expected more revenues than this. Old style management - needs to be taken out and brought into the 21st century.

Am not impressed, especially with all the PR that has been surrounding the issue of plastics. If this is the best they can do with a fair wind and free PR - then gawd help us if competitors come in.
I hope this is not going to be one of those companies where Directors pat themselves on the back and give each other a bonus.

They are going to have to work hard to get reinforcement back into the price