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.

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.

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!

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

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 . . . .

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

Agreed, Kim.

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.

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.

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

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.

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.'

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.

Hello there - yes, I am still in BLR and have just broken even at 1.5p! :o) Keeping the faith is definitely working with this one (pending those flow-test results!!).

Found this write up about Symphony Plastic

Biodegradable plastics a solution to overflowing landfills - The Barbados Advocate, 23/11/2006

The Barbados Advocate

Thursday, 23/11/2006



Biodegradable plastics a solution to overflowing landfills
Web Posted - Thu Nov 23 2006
A NEW range of biodegradable plastic products is being described as the solution to the problem of overflowing landfills across the world.

Chief Executive Officer of Symphony Environmental, Michael Laurier, said that for small developing island states, the problem of disposing of plastics was serious, but his products could offer a solution.

The solution is not to ban plastics, the solution is not to incinerate plastics, because it creates poisonous gases and the process is rather expensive. The solution to this problem is to make plastic vanish.

The range of products was introduced to officials attending the ACP/EU Joint Parliamentary Assembly during a ceremony hosted by Symphony Environmental and Brydens Limited on Tuesday evening at the Barbados Hilton.

The new technology that makes it possible for plastic to vanish is called OXO-degradation. Oxo-biodegradable plastics can be programmed at the time of manufacture to degrade in as little as few months or as much as a few years. This is possible due to the addition of a small amount of a pro-degradant additive in the manufacturing process, which changes the behaviour of plastics, Laurier said.

The plastic degrades to become carbon dioxide, water, and humus, and does not leave fragments of petro-polymers in the soil. It is also safe for long-term contact with any food type at temperatures up to 40 degrees Celsius, and is ideal for frozen food packaging. Most flexible and semi-rigid products can be made from oxo-biodegradable plastics, including shopping and garbage bags, films for packaging, bottles, among others.

Director of the Environmental Protection Department, Jeffrey Headley, said that plastics were one of the waste streams of concern in Barbados because of the length of time they take to degrade and their wide use. However, he said, that the introduction of a wide range biodegradable plastics would provide a solution to this problem and have a positive effect of conserving land space, and on Barbados environment. Headley said that the Ministry of Environment looked forward to working with any organisation offering products to help Barbados fragile environment.

Group Chairman of ANSA MCAL (Barbados) Limited, of which Brydens Limited is a subsidiary, John Bellamy, noted the frightening impact of humans on the environment, but said the excellent and affordable bio-degradable plastics could help reduce this stress if the products and principle behind them become widely accepted.

Great post, Morgan - thanks!!

bolstered by recent article in shares mag - target price 30p up