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?

http://www.microsofttranslator.com/bv.aspx?from=de&to=en&a=http%3A%2F%2Fwww.derwesten.de%2Fstaedte%2Femmerich%2FBiotec-reitet-auf-gruener-Welle-id4894633.html


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: Biotec rides on green wave
Emmerich, 21.07.2011, Marco Virgillito



Emmerich. The Emmericher company of Biotec expects sales growth of 70 percent to 35 million euros. Dr. Barbara Hendricks (SPD) was visiting.


Organic is worth it! The company Biotec from Emmerich will come in profits this year for the first time. The biodegradable plastics manufacturer expects a turnover of EUR 35 million. In the past year were it 21 million euros - an increase of 70 percent is therefore expected.

"We are considering whether we introduce the six or even the seven-day week", describes Managing Director Peter Brunk. Currently, Biotec has 29 employees; It could be 33 to 35.

EU plans could mean further upswing

The SPD Bundestag delegate and Treasurer, Dr. Barbara Hendricks, would have can choose so hardly a better moment for their visit at Biotec. With a broad chest, Peter Brunk could lead the Kleverin by the workshops.

If you now wonder why writes the company of the Werner Heisenberg road, which has already existed since 1992, only now the black, which can be reassured: the shareholders of the company, which once started as Melitta subsidiary, are the sphere group from Paris, as well as biomes of technologies from England. At the same time, the shareholders are the largest customers. In principle, they have can conduct research and produce for their concerns. Biotec was ahead of its time long.

Today, the Emmericher company to 90 percent on potato or granules for film-based corn starch manufactures. "Without any plasticizer." "Other companies do not have that," stresses Dr. Hendricks.

The granules are reflected in shopping bags are completely biodegradable. This features such as the special draw strength in a bag may not suffer. "We offer the alternative to petroleum-based products", says Peter Brunk.

The EU enforces its plans to ban plastic bags petroleum, another large upswing could be in store for Biotec.

Currently, the capacity is for the first time saturated: some 25 000 tonnes of granulate can produce Biotec in the year. But it depends also from raw material supply: "Potatoes are scarce," says Brunk. In good harvest a ton potato starch costs 400 euros in poor harvest of 1,000.

what is link biotec with biome technologies?

whoops just realised-old age i am afraid

There appears a link nevertheless, my friend,
see papa " If you now wonder why....."

It would be nice if Biome Tech could release a translated version
. . . otherwise we shall assume "...it slumbers still, - yet, it feins life!"

Biome roughly translated is something like:-
B****d Off, Gone home.
A disgraceful investment IMHO.
EDIT 19Aug2011):- massive sp rise (well, for Biome!), caused by someone spilling 2k onto the Market - and then doing the same again.....I wonder what they know that's only worth that amount of dosh? - DYOR -
I've often wanted to own a million shares in a Co . . . . but this isn't the one.

Hello, something happening

Heavens above it needs to!!

heard rumours they sold a biodegradable plastic bag!!!!!!!!

Interim results to be announced on 1st September 2011, followed by presentation at Mayfair Hotel on 7th September 2011 (wine and canapes will be served........things must be looking up!)

More likely its the last supper!

Don't suppose they will pay the long time suffering holders our expenses to get to the Mayfair Hotel and a room for the night? I noticed it is wine and canapes (not champagne and canapes)!!!!!! Anything would do to get something out of the company. Obviously I won't be attending haha!!

Logically they must think it's worthwhile - yet I guess Retail Shareholders are a small% of holders.
Two Questions:
1)- Is this a genuine get-rich at last? - NO, the Dirs would be buying and the sp would be up, up, up (I think it's down today- isn't it always!).
2), is this a prelude to a Rights Issue - much more likely IMHO. The only time Co's give Retail Shareholders "anything" is when they want money - and find the City a tad frosty.
(Otherwise they'd do a deal in the City, where we are taken as suckers).I -shan't be going, even if asked.
EDIT: (26Aug2011) Yes i see they did have a City deal for 2m - but that doesn't explain the "presentation do" - BTW where is this announcement? As I don't see any recent RNS.

They have already been to the City and done a deal. { 2.0m debt facility }


Highlights from 5th May Trading Statement.

Group revenues increased by 113% in the three months to 31 March 2011 compared with the same period last year, taking quarterly revenues to 5.6m

Trading performance ahead of the Board's expectations:

- Biome Bioplastics exhibits revenue growth of 96% in the first quarter of the year compared with the same period in 2010;

- Biotec's third party revenues grow at 110% - following easing of a raw material supply constraint;

- Stanelco RF Technologies shows growth of 179% on same period last year

2.0m debt facility announced today will help fund future working capital requirements as the bioplastics business continues to grow

Closing cash position at 31 March 2011 of 3.5m

Board confident in outlook

See post 156 :-)

I expect this to really get a move on next week ..results are going to show a massive upturn in sales and hopefully that has followed through to the bottom line.

RNS Number : 3923N

Biome Technologies PLC

01 September 2011

1 September 2011

Biome Technologies plc ("Biome", "the Company" or "the Group")

Interim Results for the six months ended 30 June 2011

Financial Highlights

-- Group revenue up 55% to GBP10.4m (2010: GBP6.7m)

-- Loss from operations reduced to GBP0.4m (2010: loss GBP1.2m)

-- Foreign exchange gain in period GBP0.4m (2010: loss GBP0.6m)

-- Profit before tax of GBP0.1m (2010: loss GBP1.7m)

-- Cash utilised by operations reduced to GBP0.3m (2010: GBP0.7m)

-- Closing Group cash position GBP3.6m (31 December 2010: GBP4.0m)

-- GBP2.0m debt facility put in place in May 2011 to help fund future working capital requirements as the bioplastics' business continues to grow

Operational Highlights

-- Both the Bioplastic and RF Technologies divisions profitable for the first time

-- 49% growth in Bioplastics Division sales

- 131% growth in sales made by Biome Bioplastics, the UK bioplastics business

-- Bioplastics Division revenues reach GBP8.6m in the half

-- 92% growth in sales for Stanelco RF Technologies (revenues of GBP1.9m)

Paul Mines, Chief Executive said:

"We are delighted to deliver our strongest half year of trading, with revenue up 55% and a step change in growth for Biome Bioplastics. It is especially pleasing that the revenue growth is being reflected in the bottom line and the Group's operating loss has reduced to GBP0.4m.

Looking ahead, we are very focused and excited about being at the forefront of both bringing the environmental benefits of bioplastics to a wider community and continuing to deliver value for shareholders through our improving financial performance".

John Standen, Non-Executive Chairman said:

"These Interim Results show clearly the benefits of the work Paul and his team have put into developing a pace-setting and robust business for the Group over the last four years. It is very exciting to see both of our businesses in profit for the first time; the excellent 131% growth in our wholly owned Biome Bioplastics business; and the Group operating loss reduced to GBP0.4m.

In the first six months of 2011 the Group's results are well ahead of the same period in 2010 and we feel confident that we can continue delivering on our strategy and build the business successfully."

I am very confused. I have read the report and it contains words like "growth", "sales", "profit". What is that all about? This is BIOM after all! ;o)

Well the share price is DOWN 6% :-)

What I would really like to see is the sentence "The board recommends the payment of a dividend of "!

I think I'd prefer a share price that contains 1

I think it is down because people are looking at the basic earnings per share of 0.003 and because of the obsessively stupid amount of shares in issue combined with the profit level divided by the number of shares at 5,884,866,333 (2010: 3,326,431,562).
I think now is the ideal time to go for a share consolidation of at least a 10 to 1 ratio, although I feel a ratio of 100 to 1 is more sensible, (I agree with Skinny on this).

Any company that as a share rice of 0.23p and a total shares in issue of nearly 6 billion can't expected the market to take it seriously.

As to the results, I can't knock them although I bought at an average of 15p plus.
To someone who got in at the bottom when the sp was 0.11 this is turning out to be a decent investment.