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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
  +0.00p +0.00% 9.00p 8.50p 9.50p 9.00p 9.00p 9.00p 5,893 07:36:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 8.8 0.0 0.0 300.0 14.00

Symphony Environmental T... Share Discussion Threads

Showing 5576 to 5599 of 5925 messages
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DateSubjectAuthorDiscuss
18/7/2018
13:26
Looks to have escaped the downtrend, on good volume too
mattjos
18/7/2018
13:24
Yes thnx Swiss
mattjos
18/7/2018
10:08
Still adding
mattjos
17/7/2018
21:34
free stock charts from uk.advfn.com
mattjos
16/7/2018
20:38
good start eh Matt?
swiss paul
13/7/2018
12:44
added today
mattjos
13/7/2018
09:42
Worth noting that since announcing its Trading Update on 4 January, there were 10 further trading RNS's until its AGM on 15 May. Since then, there has been not one additional RNS on trading activity. Global pollution is constantly in the news, so when there is no news from SYM, one assumes SYM has nothing worth announcing to maintain interest in its share price This could have led to shareholder boredom and subsequent share sales into more interesting investment scenarios. In a continued absence of positive news, I suspect this decline in the share price may continue. DYOR
breggsit
12/7/2018
21:02
Scrutable you said "There is far too much unjustified misery on this board. The technical data reflects otherwise. Despite the 44% fall in the share price since publication of the T/U on May 15, share trading data tells of an abrupt change in the story. The share price hit the bottom of the share price trading channel on Thursday July 5. The next day there were x12 times as many Buyers as Sellers, or by another measure x4 times the value of Purchases to Sales ie strongly indicating the start of a recovery in smaller purchases." You are having a laugh are you not? it has dropped 44% ffs. Next you will be waffling about inflection points. so help me out here show me this recovery is cos all am seeing is a downward trajectory. Woeful
swiss paul
12/7/2018
18:34
neilrr - you really do need to check your facts before you discredit an association about which you apparently have little, or no knowledge . According to the official OPA website, it havs 1,602 members in 96 countries. Unless SYM has an extraordinary number of extended family members across the globe, perhaps people should be somewhat wary of the accuracy of your future posts on this site. DYOR
breggsit
12/7/2018
16:16
IIRC isn't the Oxo-biodegradable Plastics Association (OPA) a SYM funded & controlled PR organisation with SYM as the main (maybe only) member? Hardly impartial. Https://www.symphonyenvironmental.com/investors/aim-26-rule/directors/ Https://www.presshalo.com/newsroom/oxo-biodegradable-plastics-association/dii9/oxo-bio-technology-reduces-plastic-waste-in-the-environment/
neilrr
12/7/2018
15:50
Anyone with doubts might like to look at the company website. Ref. the article " OPA reveals errors in EU Commission report on oxo-biodegradable plastics" For example,"Oxo-bio plastic has been degraded in real time in seawater at Bandol in France, and the scientists at Queen Mary University observed the resulting material being used as a food-source by bacteria commonly found on land and in the oceans. They even have photographs taken with an electron-microscope, of the microbes actually consuming the material, and in their view there is no reason why this process should stop in the natural environment until all the material has been consumed. How therefore can the Commission say that there is no evidence? "
handykart
12/7/2018
15:09
Indeed. I suspect the only way to decrease plastic pollution is to use less plastic & to impose a sufficiently high charge on producers, users (such as Coke, supermarkets etc) or end users (us) that it gets our attention & forces a complete change in attitude. What to do with the stuff already out there polluting the oceans & rest of the world is going to prove to be just about unsolvable. Or v. v. v. expensive to fix. SYM, essentially a get rich lifestyle co. for the mgmt & their families who have paid themselves about £10 million over the last decade, does not have even the beginning of an answer & will contribute nothing to solving what is a very serious worldwide problem.
neilrr
12/7/2018
14:31
Yes - it will be a starch based material, of which there are several makers in Europe - Novamont(Italy) being the best known. The are certified to DIN 13432. OXO degradable types are not - but never claim to be anyway, different mechanism. Composting is great - but you have to get the used/ waste bag to the composting site - and therein is the problem...identifying and collecting such waste. Very little support for composting anything other than garden waste in this country. Even if you do collect it, that it is arguably of little benefit - all a compost heap does is turn this starch plastic into CO2 - a greenhouse gas. The argument goes that at least this CO2 has come from a crop (Maize or potatoes) and so is new Carbon, part of a large loop as you grow Maize for the next batch. Whereas a degradable OXO bag (when / if it does degrade) would be putting old carbon (from oil or gas used to make the PolyEthylene) back into the air. But it has done a useful job (a bag) in the meantime. These are not simple arguments to resolve.
heeley3
12/7/2018
12:13
If the SYM webside is correct d2w-treated bags decay like a leaf. Leaves do not disappear into thin air, and when dry would I guess make excellent mouse nests, but in a year or two are assimilated as gas and organic ‘dust’ into soil or environment. Perhaps SYM are indeed being economical with the facts. I noticed recently that in French supermarkets the throw-away plastic bags for diy fruit and veg packing are labelled as compostible. They are made of very thin and soft, but quite strong, translucent plastic which is rather better than the equivalent U.K. offering. Does anyone know what this material is and where it comes from?
dozey3
12/7/2018
11:09
Heeley in 5574 is correct on what d2w treated bags degrade to. It doesn't just disappear into thin air, it breaks down into small pieces & what you are left with looks something like a mouse nest, arguably creating more of a mess than a single plastic bag. Not much of a worry now in the UK since the 5p charge on carrier bags was introduced & the roughly 95% drop off in their use. It doesn't work in water or when buried.
neilrr
12/7/2018
10:59
Heeley3 - worth looking at this challenge and rebuke to EU findings - https://www.plasticstoday.com/sustainability/oxo-biodegradable-plastics-federation-challenges-european-commission-report/28951447258282
breggsit
11/7/2018
11:26
On wrong bulletin board - see SOPHEON (SPE). Apologies!
breggsit
11/7/2018
10:20
Problem is - there is little evidence ever given for the eventual degradation and I have found nothing to back up that it ever would in seawater .... it is pointedly unlikely to degrade in cold and wet conditions. https://www.theguardian.com/environment/cif-green/2009/jun/18/greenwash-biodegradeable-plastic-bags The Wiki page on OXO degradables points out studies that show that it does degrade as claimed and also EU work that shows that it does not. Which all goes to my point - the product is controversial and as you can see the company has a record of getting product into places, only to be thrown out later as doubts are raised. This makes it hard for sales growth to stick. I am a realist -I think the product is great at what it does (potentially reduce a littering problem) but as I said earlier it is not in my view an answer to the world plastic problem. Recently I came across this: hxxps://www.european-bioplastics.org/eu-takes-action-against-oxo-degradable-plastics/
heeley3
10/7/2018
11:13
From SYM website: “... It [d2w] converts everyday plastic products (made from PE or PP)at the end of their useful life in the presence of oxygen into materials which degrade, and then biodegrade in the open environment in the same way as a leaf and leaving nothing behind - no toxic residues OR FRAGMENTS OF PLASTICS.” Shout is for the benefit of the deramper above.
dozey3
10/7/2018
11:08
Picked up more here. These aint for day trading dudes.Buy and hold till Sept/Oct.Hoping for 50/100%
maccamcd
10/7/2018
09:48
Sym have yet to make a case that their product has anything to contribute to the great plastics 'debate'. Making a product that is designed to and deliberately breaks down into microplastics is hard sell. Do some research and you will see that it is deeply controversial. So they make a product that might help with littering in western societies, but is not going to help the plastics in the ocean debate. The plastics fragments in the ocean has not come, in the main, from plastic bags. Nor has it come, in the main, from 1st world countries with good (or at least 1/2 functioning) waste collection and management practices. The few bags made from this material that I had in my cupboard (I think they had a Coop deal a while back) are breaking down, and a right mess they make too!
heeley3
09/7/2018
21:28
Was it about his bonus 💩
swiss paul
08/7/2018
17:17
Apparently Ian Bristow has been heard singing 'it's coming home' in the bath recently...
maccamcd
06/7/2018
22:18
what makes you so sure? They are all old and staid and happy to take whatever comes along, just look at the chart above - woeful
swiss paul
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