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SYMPHONY PLASTICS - Recycle your way to a triple bagger! (SYM)     

the pink pound - 15 Jul 2003 01:10

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.

ddoc2 - 04 Sep 2006 11:59 - 145 of 362

agree, if it breaks the long term downtrend at 14p and the interims are positive, looking for profit next yr, then as a growth co. w a market leading technology, i am looking at 26- 30p, but it's still spec until we hear some more news.

G D Potts - 24 Sep 2006 17:36 - 146 of 362

BIG day tomorrow - ooo

HARRYCAT - 25 Sep 2006 08:41 - 147 of 362

I don't think the market was hugely impressed with SYM interim figures!
Sales are up, marginally, but losses are also up.
The total lack of reaction in the sp would suggest that the market wasn't expecting much more.

G D Potts - 25 Sep 2006 09:21 - 148 of 362

HMM - Not great

G D Potts - 25 Sep 2006 12:16 - 149 of 362

what a joke ! 12% drop! overraction considerably. its only a matter of time before the supermarkets get back involved with Symphony.

HARRYCAT - 25 Sep 2006 13:01 - 150 of 362

Apparently the market was expecting much more!!!
Down over 12%. If the year end figures are not better than these, the sp will fall again. SYM sales team need to pull their finger out.

queen1 - 25 Sep 2006 13:41 - 151 of 362

Disappointing - both in terms of results and sp fall. There had been quite a lot of positive noises coming from the company recently as well.

ddoc2 - 25 Sep 2006 14:18 - 152 of 362

also find disappointing. Very little optimism and the vibes are that any growth is a long haul away. I'm out from first thing this morning but will read the report in detail tonight and may be tempted back in at a lower price

queen1 - 25 Sep 2006 18:50 - 153 of 362

I'm still in as I see a big future for the company and technology as discussed before. The catch, as always, is that I don't know when that will be but my holding is modest so happy to hang in there.

HARRYCAT - 25 Sep 2006 22:20 - 154 of 362

Likewise, I only have 6000 shares, so not a big deal to hold until things get better, but this kind of performance is not going to attract new investors.

G D Potts - 26 Sep 2006 14:58 - 155 of 362

iVE got quite a few but didnt sell agaisnt my best insticts yesterday morning when the price was only 2% down. And then I would have bought back, but you still cant deny the potetnial of D2w.

ddoc2 - 26 Sep 2006 22:38 - 156 of 362

initial thoughts are still of huge potential, however the report is so full of promises and there's no meat, no proof yet that anything is achievable- the promises extend to the speculation that the new caribbean distribution agreement will attract more sales than that promised on 22 May of $4m.
Further the report on UK sales suggests that commercially sensitive information prevents detail!- is this a hint of imminent contracts?
France promises more next year.
Full of promise- will it deliver?
I am also sceptical of the rationale behind expansion into the thermal plastic waste recycling- does it inferr that the core d2w business model is dubious, or that management is full of confidence?
I am out unless promises show signs of fulfillment, at which time the sp will be above 14p I exect, tho' might also be tempted if it drops back to 8p

G D Potts - 27 Sep 2006 10:37 - 157 of 362

I think more contracts are on the way and I hope in the not to distant future, next month I reckon.

G D Potts - 13 Oct 2006 11:16 - 158 of 362

Symphony Plastic Technologies Plc ('Symphony' or the 'Group'), the degradable
plastics and waste-to-energy company, is pleased to announce that following the
recent interim results reported on Monday 25 September the Group is strongly
anticipating a move into profitability from quarter four of this year. This
confidence is driven by a sharp increase in received orders for the latter part
of the year.

The Group would also like to announce final settlement on the repayment of costs
in relation to the court case with EPI. The final cost agreed to be repaid to
Symphony is to be in excess of 300,000. This is in addition to the 600,000
already received earlier this year. All matters surrounding the litigation have
now been concluded.

The Group has also placed 6,300,000 ordinary 1 penny shares ('new ordinary
shares') at a price of 10 pence each in order to strengthen the balance sheet,
improve cash flow and start the initial investment phase on the waste-to-energy
project. Matthew Turner, managing director, has purchased 250,000 new ordinary
shares as part of the placing.

Following the placing, the directors have the following interest in the share
capital of the Company:

Michael Laurier 13.74%
Matthew Turner 0.36%
Ian Bristow 1.15%
Nirj Deva 0.03%

Application has been made for the new ordinary shares, which will rank pari
passu with the existing shares in issue, to be admitted to trading on AIM, and
admission is expected to become effective on 19 October 2006.

Michael Laurier, Chief Executive, said:

'The business is moving forward progressively and the increase in forward orders
resulting in the Group anticipating profitability in the near future is
encouraging.

We are also delighted to announce the conclusion of the litigation with EPI
allowing the business to move into 2007 free from the legal constraints that
have hindered the Group for so long.

We look forward to the future with confidence'

G D Potts - 13 Oct 2006 11:16 - 159 of 362

Super Symphony !!! Thought the interims had understated their progress considerably - back on the road to 30p!!

HARRYCAT - 13 Oct 2006 12:17 - 160 of 362

Lets hope so. Have sat on these for long enough without seeing any return.
Realistically, back on the road to 20p , but 30p is the triumph of hope over reason, imo!

queen1 - 13 Oct 2006 12:58 - 161 of 362

I've said it before and no doubt I'll say it again but Green is the way to go and SYM has the right credentials. IMO the internet boom, oil and commodities will have nothing on the market that Green shares will have over the coming years if global warming etc continues apace.

G D Potts - 15 Oct 2006 16:34 - 162 of 362

Yea I think that is becoming a more general consneus now and SYM has only to gain from that opinion. But these prices are still far too low!

queen1 - 15 Oct 2006 19:26 - 163 of 362

Agreed!

G D Potts - 16 Oct 2006 09:20 - 164 of 362

And here it goes!!
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