From earlier this year.



"The fund raise significantly strengthens Symphony's balance sheet and will
allow us to maintain the quantum growth we have enjoyed over the past few
months. We are now receiving significant interest from a variety of sectors in
our degradable solution to the problems associated with plastic waste and,
following this strengthening of our resources, we are in a much stronger
position to meet the considerable demand for our products."




This last statement shows that corporations are looking seriously at Symphonys products. Yesterdays announcement shows a real coup for the company, as they have walked away from a potential exclusivity contract with no penalties!. Rarely seen IMO.

Bio-degradeable products are appearing everywhere, especially in the consumer disposal market, and Symphony look to be taking a large chunk of this with their own brands.

I believe strongly in the management of the company. I see they have the technical ability and also the qualities required to deal with the financial markets. Too often we see an excellent company with strong technical management, only to see them fail as they have no idea how to deal with the stock market.


That is why I am nominating Symphony plastics as my "tip of the week". If you get in early enough, I believe you could see a potential treble bagger by the end of July.

I would welcome your comments on the above analysis.

Sometimes you get lucky Queen, 12% in 12 hours not too bad!

Trigger - I agree which is why I'm hanging in there. Not aware of significant competition but would be interested to know of any.

GDP - Just be sure to let me know the next time you're thinking of buying into a company!

clear break- out, next target 14p- if only general market sentiment was better

I think that could work in our favour. People in these situations tend to look for positive newsflow not specualtion and it seems that SYM is doing just that and so may attract more Investment that usual. However I am fairly new at this game and that is only a theory.

Investment than usual **** Correction

Further rises today, are there any Institutions Invested In SYM or do you think it is just private Investors catching on to SYM 's potential?

GDP- I have checked through the last accounts, for 2004 published Mar '05 and they don't list the instituitional holder's. also no mention on their corporate website. No doubt Hemscott will list but I don't subscribe. the website's are very good, esp the d2w site- well designed and informative.

thanks ddoc2, any predictions for monday?

GDP- I do not claim to be any great shakes with charting, however, there is a definite initial target of 14p, further than that will depend on further good newsflow- imho.
also the 50dma is about to cross the 200dma- a golden cross formation, bullish sign- though to be accurate it should bee followed by an ascending 200dma.
as you can guess I remain confident. anyone else interested?

Very much so ddoc2. As you say, more good news will be good for momentum but long-term I still believe that this type of "green" company is the only way to go.

ddoc2 Im not even an amateur on graphs and have no real idea how to use them so thanks for that.
Queen1 I am also stongly into green at the time but dont we have to think what could be the next 'Green'? Obviously it may not be for some time though, any ideas what sector or new sector it may be?

Hewittlaan or something along those lines seems to dislike SYM on the Stanelco thread, I will attempt to put him right.

GDP I suggest that you do! In terms of the next "green thing" I'm not sure. But any company that makes products which it knows won't be sitting in the earth decomposing for 1000 years has to be onto a good thing!

Of course. Dissapointing fall today.

Rapid recovery, good old SYM.

LONDON (AFX) - Degradable plastics company Symphony Plastic Technologies PLC said its change in strategy whereby it no longer competes with finished product suppliers but can work in harmony with them will have a positive impact on its second half results and beyond.

In an AGM statement chairman Nirj Deva said the company had started to turn the corner following its successful defence of the legal challenge to its core business and technology last year by Environmental Products Inc.

He said that with many of the major distractions and problems of the past few years over the company is in a position to develop all areas of the business, such as corporate governance, unhindered and looked forward to 'exciting times' in 2006 and 07.

Deva said: '2005 was a challenging year but also a year of evolution in which a new and more exciting strategy was implemented. We are becoming a more flexible business, operating on lower cost and higher operating margins.'

Symphony !!! What a class act.

good to see a more steady rise, looking more sustainable(no pun intended)

just looking at the trades.. a whole load of sells came in around eleven thirty till twelve which has pushed price back slightly from 8% plus.

GD if you loook at the timing most are buys. if the markets were strong i'm sure we'd have seen a larger rise. nice to hear that were expecting more news soon.