Symphony Environmental T... Share Discussion Threads

[mattjos] 09/4/2018 21:09

13 year daily closing high today. Feb 10th 2005 was last time this traded and closed at or, above, 24.25p.
Would expect the 20p breakout level to now provide support into the future.

For reference, I have December 3rd 2001 as the all time daily closing high at 47p

[maccamcd] 09/4/2018 09:32

I guess businesses take/have taken the easy options..but now EVERY business would be questioning their plastic usage and how they can be better humans.
We are early in the journey..even though its 20 years later for SYM.. and some holders.

We just need to relax and let the momentum in sentiment bring in sales.

There is a commonwealth business forum next week in London.
SYM are there.. Teresa May speaking.

The awareness is about to explode for us.

[dozey3] 09/4/2018 08:30

Thank you, maccamcd, for that. Find it amazing that only eleven countries have signed up to this technology. Why is this? Is a crisp packet (for example) made using d2w plastic able to be as attractive visually? There must be some underlying reason why not one of our polititians have found it a bandwagon worth jumping on. Perhaps Mr Wigley has the answer.

[melody9999] 09/4/2018 08:29

looks like bob wigley is going to be a great ambassador for us

rtj - suspect scalability and the ability to work within existing poroduction processes whilst ensuring that we can get rid of plastic will be key here

[runthejoules] 09/4/2018 08:18

I know the attraction of SYM's products is that it doesn't disrupt the oil industry but Here are some non-plastic alternatives creeping in, anyway: I just don't know enough to know which is more energy-efficient or cost-effective.

PER of 52 & rising is a bit steep for me, of course with such growth I may be wrong.

[maccamcd] 09/4/2018 08:16

Remarks Delivered at 2018 ECOSOC Partnership Forum at United Nations Headquarters
 
Bob Wigley, a Non-Executive Director of Symphony Environmental Technologies Plc (AIM: SYM), a global specialist in products and technologies that "make plastic smarter" addressing the 2018 Economic and Social Council (ECOSOC) Partnership Forum held at the United Nations HQ in New York on 4 April 2018 said that 11 countries, most recently Saudi Arabia have now adopted oxo-biodegradable plastic technology which will help solve the world's plastic pollution problems.
 
Mr Wigley's remarks included:  
 
"Recently, some governments have moved on from encouraging the recycling and reuse of plastics to reducing the amount of plastic used in the first place, but we all know that it is going to take a very long time to persuade citizens not to use plastic to the extent that they do today.
 
There is another option, which is removing plastic from the environment. The problem is that more than half of waste plastic ends up in the environment and we are not doing anything about it. That in turn causes the problem in the oceans as well as problems for politicians, because litter is lying around and citizens, understandably get cross about it. 
 
There is a technology available today, called oxo-biodegradation, which has one, utterly unique, characteristic. Plastic is not water absorbent, it is water resistant. Oxo-biodegradation makes plastic water absorbent. When the plastic absorbs water, it basically absorbs organisms, which bio-assimilate that plastic back into the environment as harmless carbon molecules.
 
Now, for reasons I do not understand, this technology has not been adopted by the majority of governments. There are 11 governments that have now made it law that if you want to manufacture plastic in their country or import plastic to their country you have to incorporate an additive like d2w (i.e. an oxo-biodegradation technology) in it.
 
Saudi Arabia has some of the world's strictest enforcement systems and is not only the most recent to adopt this law, but they are enforcing it very aggressively. If you want to manufacture plastic in Saudi or if you want to bring plastic into the country, it has to be oxo-biodegradable. They recognise that whilst you can train and educate people to recycle, encourage people through the tax system to use less plastic, but for decades to come there is still going to be a huge amount of plastic in the environment and we are not doing anything effective to get rid of it in a way that takes it back to organic matter. 
 
This technology is available. It works. It is not expensive and does not interrupt the supply chain. Again, if any member state is interested to learn more, we will share the experiences and how you can adopt it and use it in your own member states."
 

[runthejoules] 08/4/2018 22:34

So who are the main competitors? Ta!

[maccamcd] 06/4/2018 07:02

Wow! This is excellent newsSymphony Environmental Technologies Plc (AIM: SYM), a global specialist in products and technologies that "make plastic smarter", is pleased to announce that Mr. Robert ("Bob") Wigley will join Symphony as a Non-Executive Director with immediate effect, having acted as an adviser to the Company over the last few years. Bob is an experienced City professional having enjoyed a successful career in banking, latterly as Chairman of Merrill Lynch for Europe, the Middle East & Africa, and now works with several growth companies.  Bob is also Chairman of UK Finance, which represents nearly 300 of the leading firms providing finance, banking, markets and payments-related services in or from the UK.

[maccamcd] 05/4/2018 16:46

Topped up down here today. Think the profit taking ahead of year end was too large.Should see some ISA cash tomorrow also

[john henry] 04/4/2018 09:06

Buy orders in for in for breakout retest.

[gersemi] 29/3/2018 13:57

Could SYM be a target for RPC or maybe licence their products to RPC?

[big7ime] 29/3/2018 12:35

Providing oil price stays low

[maccamcd] 28/3/2018 07:38

Big anti plastic news out this morning..all over the newswires.
Only one stock to own!

[rampair] 27/3/2018 10:20

It seems to be making Easter a happy event! So, lots of institutional presentations
is a good thing & im pleased to see its working.

[chillpill] 27/3/2018 10:14

Massive credit goes to Michael Laurier for keeping this company alive.

Looking a bit toppy right now but wdik?!

[mattjos] 27/3/2018 10:07

everything PI's are selling is being snapped up. & why not? This will start to pay a divi by end this year & I fully expect that divi to remain in place and grow over the years to come.
This has now morphed into a debt-free, strongly cash generative business with global reach supported by a strong brand, growing product development & awareness, high levels of recurring revenues etc etc.
Funds will absolutely want to be invested here

[mattjos] 27/3/2018 09:23

13 year high now

[mattjos] 26/3/2018 18:52

Nice 120k buy at 21p today ... someone is after a big position here

[maccamcd] 26/3/2018 14:49

HAZL. I honestly think it's going 30-50p. No huff and puff.So you should be back in.. In my opinion.The management met at least 6 UK institutional fund managers last week that do not own.No equity raise needed.Just awareness...= stock demand

[hazl] 26/3/2018 13:44

Oh and I saw your twitter-page..........like your style!

[hazl] 26/3/2018 13:41

Hi maccamcd!

Very well done here.

Was happy with my profit originally but very pleased you are continuing to do well.
You never know but I might be back,quite caught up with various stocks at present,though, but also on grandparent duties. )

[maccamcd] 26/3/2018 10:24

The stock really has found its retail fan club again.
On the basis ALL the previous (maybe unhappy)holders have sold from 6-20p. There is a greater chance of the stock staying steady on red days, and more importantly moving up with new buyers.
Still no sign of Hazl??