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.

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

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.

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.

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.

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

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

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'

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

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!

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.

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!

Agreed!

And here it goes!!

A good day. If it can stay above 14p we could be in for an enjoyable ride.

Pity it didn't - especially since I jumped in yesterday for a decent amount!

I have to say that if it is true that SYM is about to go profitable in Q4 as per the RNS (pleeeeze!!), then the current valuation (including new placing shares) of around 10 million has to be cheap - I mean, if they make 0.5 mil profit in 2007 increasing to 1.0 mil the year after then you have the company on a PE of 20 falling to 10.

If only people gave SYM the amount of attention that SEO is getting, this one would be on the ceiling already. However, after a swift 48% run-up and a spot of profit-taking, who knows where this could head by the time further contracts/trading updates, etc are announced.

All IMHO, PDYOR, etc.

Maybe SEO had just a bit TOO much attention ST, perhaps we should keep quiet about SYM and just let it slowly creep up without anyone noticing! Got in at 11.8p so am happy to hold long term, I've only got 10k at the moment so it is early days. Concentrating on SUN and ERX for the time being, oh and SEO of course!
kim

Kim, you may be right - a little steady growth never did anybody any harm. Agreed it's early days but decided to pile in for 15k yesterday, selling my VOG (which surprised even me a little), becuase I've got into too many oilies and am keen to get into a few stocks which are actually heading in the right direction (SOLA and VLK being my current success stories).

I figured if I bet bigger early on I'd make the most out of any rise - SYM doubling in the next few months may not be out of the question and I doubt VOG is going to set the world alight while it's still testing its current hole in the ground for the next 3 - 4 months. Time will tell.

On the other hand, if we could persuade all those on SEO to invest in SYM, on the logic that this business is a.) cheap and b.) profitable, we could get quite a nice rise. Spot of ramping, anybody?

A compromise: I'll stick a note on Dirver's Tips. Those contributors on the SEO thread who are more than one-stock wonders will read and digest . . . .

SEO are a joke and nothing like Symphony - a proper company who actually deliver what they say.
even short term I think Symphony is a great propsect, hopefully it can find a base around 14p and then build upwards towards 30.
Even so glad we've got two more holders and posters on this thread now.

soul ive tried several times to persuade the stubborn SEO holders to swap but I dont think they have any money left or the bottle to invest in another company with similar products/hopes that SEO HAD.