DYOR - - - - - - - - - Biom Technologies mid-July 2010 AIM
This is the new resting place for Stanelco, the wonder producer of starch-based food-trays...only they didn't catch on.Over the last 10 years to 2010 the 0.1p shares traded abour 2.5p then shot up to 24p during 2005 with promise of Tray-Trials I understand. Within a year or so, they fell to new depths and finished at 0.2p Of course they were full-list then and some were held in ISA's hoping there would be a big profit...only now these are distressed sales as the Company slunk off to AIM, presumably "...to provide better shareholder-value"
Perhaps someone closer to the Co. can explain why the new name is Biome
....rhymes with Home. Often it is done to remove the previous sp-history.
Could it be..so new investors can bask in ignorance, etc. I'm not aware of any "change" in fortune for SEO, rather the reverse.
In my limited experience, the longer the name of a company the longer you have to wait for any return...Huh . . . . . .
. SEO had been a terrible investment.
DYOR.
Can Biome be any worse...?
EDIT ( 24April2017)- "just woken up" -me not BIOME - sp is 154, but I note about June 2013 there was what looks like a CONsolidation . . do I recall many LT investors were sold-short?... as I believe the (new share) numbers were terrible! . . . Anyone?

baggerbiome- u working for lloyds ? seems you have been misleading mkt by suggesting " 0.37 p/s by 9.30 today-it is down 0.02 :d

:d should have been a "smiley face" - did not work

Nevertheless, the future looks bright, well, maybe a glimmer of hope anyway!

I don't think well will see any great movement until the court case is out of the way, despite todays good trading update! I am happy to sit and wait.

have you any other choice giggin.,. lol

Hi Balerboy,
Stanelco has been a sharp lesson for me in how not to trade as I have some from years ago, so yes I am having to sit and wait, but I also bought 2m at .19 a few weeks ago so I am looking forward to an increase which I think will come. The current management are totally different to the Stanelco shower, as todays update has shown. Anyway, you know what they say......BUY UGLY.....lol
good luck to all holders

Same lesson learnt for me too but reluctant to put anymore dosh into these, ave only .018p so live in hope.,.

Confidence or con......2 directors bought between them 2.5mill shares today.,.

Wow that is approx 5000.00 worth then

yes...big time lol

Well I hope that their shares are held electronically, otherwise they might biodegrade!

Bioplastics sector set for breakthrough says trade body
Staff, 16 May 2011
Be the first to comment on this article

Bioplastic production is set to break through the 1m tonne mark in 2011 and more than double between 2010 and 2015, according to industry association European Bioplastics.


The growth rate is being fuelled by the increasing use of bioplastics in applications like packaging, with recent examples including Pantene and PepsiCo (pictured).



European Bioplastics, which conducted the study in conjunction with the University of Applied Sciences and Arts of Hanover, said that the first half of 2011 has already seen bioplastics production reach 900,000 tonnes, compared with 700,000 in 2010, and added that production is expected to reach 1.7m tonnes by 2015.



The association revealed details of the study at this months Interpack trade fair in Dusseldorf (Hall 9, stand 9E02). Its managing director, Hasso von Pogrell, said: The encouraging trend in production capacity allows us to assume, that the figures presented today will even be exceeded in the coming years.



The study also showed that in 2010, biodegradable materials accounted for 400,000 tonnes of total bioplastic production, with bio-based commodity plastics accounting for the remaining 300,000 tonnes. However, that ratio is expected to reverse in the coming years.



Professor Hans-Josef Endres of the University of Applied Sciences and Arts of Hanover, added: Our market study shows that biobased commodity plastics, with a total of around 1m tonnes, will make up the majority of production capacity in 2015, he said. Biodegradable materials will, however, also grow substantially and will reach about 700,000 tonnes by then.



Aside from packaging, growing demand for bioplastics has been driven by other markets, such as car, toy, carpet and electronic component manufacture.



Earlier this month, bioplastics firm Biome Technologies posted better-than-expected results for the first three months of the year.

Shroders has recently decided to get out and has been dumping millions of shares;
are they finally out ? can anyone tell?

Thanks to Spikey


http://bit.ly/jBqG8z



Biome Technologies
www.biometechnologiesplc.com


Biome Technologies' primary activity is the development of its bioplastics business. It is a leading innovator and supplier of biodegradable natural polymers that replace and enhance products made from oil based materials.
.
Full Biome Technologies profile here





Biome Technologies not receiving the market recognition it deserves, says Daniel Stewart
Thu 5:00 pm by Ian LyallBiome is now focused on bioplastics and radio frequency (RF) equipment used in welding, heating and sealing.
The past year has been one of transformation for Biome Technologies (LON:BIOM).

The strategy put in place by chief executive Paul Mines appears to be a resounding success.

Revenues are predicted to rise by 47 per cent this year to 19.8 million and then a further 28 per cent in 2012.

By that time the biodegradable plastics firm should have recorded its first profit.

However the companys share price fails to reflect these stellar prospects, according to Richard Nolan of City broker Daniel Stewart.

The analyst rates the stock a buy all the way up to 0.41 pence a share, which is almost double the closing price of 0.21 pence.

And even then Biome is being valued at a bargain-basement 1.24 times 2011 sales. Our sales multiple is significantly below peers such as Symphony Environmental (LON:SYM) which trade at over two times and yet Biome Technologies has far superior growth rates, Nolan points out.

A change of name and a move to the AIM market were two initiatives last year designed to rehabilitate the company formerly known as Stanelco.

The Stanelco name itself dated back to the mid-1940s and originally stood for the Standard Electrical Company so it was definitely time for a change.

But the corporate makeover also ditched some baggage from the companys more recent history.

In the mid-noughties the business garnered a substantial and fervent private investor following impressed by the firms biodegradable plastics technology Greenseal and ground-breaking packaging tie-up with Asda.

Biome is now focused on bioplastics and radio frequency (RF) equipment used in welding, heating and sealing.

Neither are complementary other than they are highly innovative, research led businesses.

The group is a close second in the market to market leader Novamont in bioplastics, but the sector isnt exactly bubbling over with competition.

At the moment Biomes big products are in the horticultural sector, though the range is broadening with consumer electronics starting to figure.

It is a hallmark of the US in particular, that marketing of household gadgets is now increasingly focused on that products green credentials.

Mays trading update showed both arms of the Biome business were in rude health.

Overall, revenues grew 113 per cent to 5.6 million in the three months to March 31, with sales from the biolplastics business up 96 per cent and Stanelcos turnover ahead an impressive 179 per cent.

With 3.5 million cash and a 2 million debt facility to meet its working capital requirement, Biome seems primed for growth.

Biome Bioplastics is growing in to a growing market with significantly differentiated products, Daniel Stewarts Nolan points out.

Biotec appears no longer constrained by raw material supply issues and is growing strongly.

Many of Stanelco RF's markets are in the beginning or in the middle of an infrastructure build out and performing very well. In essence, all parts of Biome Technologies are growing at exceptional rates in strong markets.

Whilst I agree that if this goes all the way up to 0.41 pence a share it will be very good news for many, those of us that bought in at 10p up to 25p plus are still vastly out of pocket.
It is still hard to believe that a 'straight run' company, (sic) I am on about SEO as it was know, could have diluted its value to such a pathetic level that an sp of less than 1p is seen as an excellent rise.
This is still by far the biggest mistake I have ever made in investing, and I have learned a vast amount over the years since I bought Biome (SEO) at those dizzy prices.
Although I strongly feel that I was mislead by the previous management who in my opinion bent so many market rules they completed a circle, I have no truck against those who are making or have made money on this share.
For myself, I continue to hold as a hedge against any possible CGT.

Hi greek

We have all been there {17p, 19p, 3.4p, 2.7p........, but time to move on now.

That 'Daniel Stewart' report looks good, the most positive I have read.
I just hope he did not get his information from a friend at the cricket club.

Greek - could have written the book on that type of "investment" - along with many others during the tech boom days. FWIW I've got 500,000 of these - total cost a grand - so not too worried. Mind you if they ever do .......................

Patshere, Daniel Stewart are of course the Companys Nominated Adviser and Joint Broker so if they didn't make the right noises it would be a bit of a travesty as they get paid for doing so! I do happen to agree with their sentiment though!!

This may, or may not!, help BIOM:-

Biome Bioplastics and the UK Governments Zero Waste Strategy
Tuesday, 14th June 2011

Today the Environment Secretary, Caroline Spelman announced the results of the Governments review of waste policy in which it has been recognised that the UK lags the field in terms of waste management. Biome Bioplastics welcomes the direction set out in this review and believes it is well positioned to deliver the materials that can assist the Government in its pledge to make the UK a first-class zero-waste economy.
Speaking at the Chartered Institute of Waste Management conference, Caroline Spelman said for too long, weve lagged behind the rest of Europe, although we are catching up fast. Communities and businesses can help us become a first-class zero-waste economy and unlock the real value in the goods that people no longer want.
Of particular interest for Biome Bioplastics, the strategy announced includes the encouragement of waste disposal by both composting and anaerobic digestion (AD). These two material/energy recovery routes can both be facilitated by materials made by Biome Bioplastics and provide a natural end-of-life solution to bioplastic products.
Regarding AD a strategy and action plan has also been published today, of which it is said by DEFRA will enable a thriving industry to grow in England over the next few years, delivering new green jobs as well as new green energy.
On composting, at a micro level the review notes that home composting for just one year can save the equivalent to all the CO2 one kettle produces annually, or a washing machine produces in three months. At a national level the review recognises that the composting industry has grown rapidly in recent years and resolves that the government will support sustainable growth in this area.
Biome Bioplastics supplies an extensive range of highly functional bioplastics that replace existing oil based materials in a wide variety of applications. Naturally sourced these bioplastic polymers have a high sustainable content and are biodegradable and compostable. The products meet the national and international standards for composting such as DIN CERTCO and OK Compost.
Speaking about the Zero Waste strategy Paul Law, MD Biome Bioplastics said: "It is good to see that the government has recognized that a coordinated strategy is required in this area. Demand for Biome Bioplastics has been accelerating in continental Europe for some time, now we look forward to taking an active part in driving sustainable growth in the UK.

I still won't bet my house on BIOM but there is a little glimmer of hope here!

kimoldfield- u r lucky to still have your house........because of Stanelco i now live under "the Arches". lol

I'll drop off an extra large cardboard box on my way past. It isn't biodegradable! ;o)