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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.

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!!

queen1 - 16 Oct 2006 21:44 - 165 of 362

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

soul traders - 17 Oct 2006 11:12 - 166 of 362

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.

kimoldfield - 17 Oct 2006 11:22 - 167 of 362

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

soul traders - 17 Oct 2006 11:34 - 168 of 362

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.

soul traders - 17 Oct 2006 11:37 - 169 of 362

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 . . . .

G D Potts - 17 Oct 2006 11:39 - 170 of 362

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.

G D Potts - 17 Oct 2006 11:41 - 171 of 362

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.

soul traders - 17 Oct 2006 11:51 - 172 of 362

GDP, I'm amazed at the mentality of some. In love with the stock, unable to sort out the hype from the fundamentals.

Still, fortune favours those who do their homework and get in ahead of the pack.

On which note, here's the shareholder breakdown for SYM:

Symphony Plastic Technologies PLC
Major Shareholders

Shares in issue: 63.9m 1p Ords
Major Shareholders Amount % Holding
Michael Norman Laurier 9,703,142 15.18

Other Directors Amount % Holding
Keith Louis Frener 1,111,185 1.738
Ian Bristow 797,972 1.248
Nirj Joseph Deva 17,500 0.027


That means there is apparently an 80% free float - could be very good news when it comes to the institutions finally waking up to this one!

G D Potts - 17 Oct 2006 11:55 - 173 of 362

Luckily got in at 8 and 10.8p with two sizeable punts so Im sitting happy.
That will be interesting;

soul traders - 17 Oct 2006 11:57 - 174 of 362

And one more thought:

SYM had this to say regarding the French market in their Interims:

"The d2w(R) business in France as a result of these efforts has converted some
1500 tonnes of normal finished products to d2w(R) oxo-degradable ones as against
virtually zero sales last year. Our expectations, based on current negotiations,
and trials for France alone, and in the coming year are to achieve sales of
several times this volume in a plastics market that is larger than the UK."

I spent a year studying in France some ten years ago and even back then the will of the government and hypermarkets to reduce plastic waste was considerable. At the time, the hypermarket chain E. Leclerc offered a "bag for life" scheme, in which shoppers bought a plastic bag for 1 Franc and could replace it for free at any time with a new one as long as they brought the old one back. The old ones were then recycled.

As SYM point out, the market in France is huge and I can anticipate that the take-up of SYM's additives will be swift if the major retailers decide they like d2w technology. Watch this space . . . .

kimoldfield - 17 Oct 2006 12:07 - 175 of 362

Whilst I have not given up hope that something good may come of SEO, in fact I know that if they survive the next few weeks then there is some good news to come, I do feel that SYM are 101% more professional in their handling of the running of their company: fairly poor Interims quickly followed by a positive trading update to keep shareholders in the picture. SEO have a lesson to learn in keeping us informed. ST I have been backing out of oil shares recently, only have 4 left now; there are just too many out there at the moment, makes me a little uneasy!
kim

soul traders - 17 Oct 2006 12:11 - 176 of 362

Agreed, Kim.

queen1 - 17 Oct 2006 13:05 - 177 of 362

I'm also in SEO as well as these boys. Funny old world isn't it. Long term both could be huge. But probably no guesses for which one has the better chance.

G D Potts - 18 Oct 2006 11:31 - 178 of 362

1 Line in the Times for Syphony yesterday - Big Mover 'SYM up 2p - Further buying after a positive trading update'
At least Symphony;s getting on the radar.

soul traders - 18 Oct 2006 11:47 - 179 of 362

It's had a couple of small mentions in Shares Mag as well recently.

G D Potts - 13 Nov 2006 15:32 - 180 of 362

New board appointment - IMO it means they are taking the first steps to becoming a much bigger, more valuable business and secondly that when they previously went throught restructuring this new appointment wasn't considered a necessity but now D2w's back on track they'd like him back to help.
But it could look like a step backwards to some.
Only a matter of time before the S.P gets back on track.

soul traders - 13 Nov 2006 15:36 - 181 of 362

Thanks for the post, GDP.

Full text of RNS:

Symphony Plastic - Board Appointment
RNS Number:9875L
Symphony Plastic Technologies PLC
13 November 2006


Symphony Plastic Technologies plc
Board Appointment


Symphony Plastic Technologies Plc ('Symphony' or the 'Company'), the degradable
plastics company, is pleased to announce the appointment of Michael Stephens to
the Company Board, as Technical Director.

Michael previously resigned from the board on 20 January 2005 to allow him to
solely focus on technical aspects of the business. We welcome his re-appointment
following a review of our technical strategy.


Michael Laurier, Chief Executive commented; 'We are extremely pleased to welcome
Michael back to the Board where his experience and expertise will prove
invaluable to the future success of the business. With this strengthened Board
we look forward to the future with confidence.'

G D Potts - 13 Nov 2006 15:43 - 182 of 362

Hello soul, i remember that youre interested in small mining companies etc and that you mentioned something a while ago about Black rock etc etc, if not then dont worry, but looks like theyve come good for you.
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