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.

Great post, Morgan - thanks!!

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

Good find morgan, if anyone can paste shares mag article would be good, this company should have a market cap of over 20million.
I think they recently released some more shares which too me is good news, bar the tiny dilution, but maybe a few more could be released to give Symhpony more room to manouvre in its negotiations and marketing. This could really be huge in 2007.

Shares mag also hinted at the release of news in the next 3 - 4 months.

GDP, 30p a share would be great.

Have sent you a mail.

Somebody was clearly reading the article - a slight tick-up:

SYM Bid: 12.75p Offer: 13.5p Change: 0.25

do you mean an email to my personal account or one via MoneyAm? as im not sure hwo to check those.

GDP, I sent via MoneyAM, but this should link over directly to whatever email address you specified in your profile and the mail should arrive in your normal inbox.

thanks, I'll check when i get home.

Symphony Plastics making the most of waste opportunity

Shareholders in Symphony Plastics (SYM:AIM)
have had to be patient since the firm was
floated in 2001 but it looks like they are about
to be rewarded.
Shares met chief executive Michael Laurier as
he was recovering from a visit to Hong Kong
and preparing for a trip to the West Indies. This
underlines the international appeal of the
groups d2w(R) technology, which allows
plastic to degrade and leave mainly water.
Although Symphony initially concentrated
on manufacturing biodegradable plastic bags,
it quickly realised that this was not the
most sensible way to utilise its technology.
However, there was a long hiatus until it had
defeated a legal challenge from EPI, a US
competitor. Now the group is now expanding
internationally.
Although Symphony is talking to a large
number of suppliers to UK supermarkets as
these behemoths seek to burnish their green
credentials, the greatest potential, at least in
the short term, is overseas. Its success in Brazil
with Schincariol, the second largest soft drinks
company there, has led to interest from rivals.
It is also talking with a large number of
Brazilian companies about the possible use of
its technology.
Symphony received orders worth $4 million
in the Caribbean this year and believes there is
scope for substantial growth there. In South
Africa, Astra Pack, the second largest packaging
group, is a significant customer. Hong
Kong and the UAE are other areas of potential
growth.
The company has already indicated that
it is moving into profit. That could be
accelerated if its new waste-to-energy
business starts to win orders. We believe that
there should be announcements in the next
3-4 months.
THE WRITER HOLDS SHARES IN THIS COMPANY
by: John Marshall

Courtesy of Soul , thanks.

I have seen tesco promoting the fact that more of its packaging is biodegradable recently. In the past their bags carried the epl label so i am not sure whether sym is involved, but clearly the market for such products is growing and is probably still larger than any alternative to plastic.

GN, I am fairly certain that SYM is not involved as a supplier to Tesco at present - we'd know about it. Someone on the SEO thread many moons ago mentioned Tesco's biodegradables, but I can't remember who the supplier was.

The market is definitely good for SYM's products (otherwise we wouldn't be interested in the co), but as recent newsflow confirms, the current customers are mostly overseas.

But still the U.K. market does provide huge potential, the recent wave of green publicity by the Supermarkets shows this. They need to put firm action behind thier words, Symphony offers that.

Would be nice to see if this can outpace SEO ;o)

yea i made a verbal bet with tweenie or someone like that a while back, and they've certainly pulled through. SEO also has to rise by around 1200% for any holders that bought in a few months back so I think SYM is well on its way to thoroughly thrashing them.
S.P. target price 30p

at 30p I would even be beyond the fabled triple bagger of this thread - after 3 and 1/2 years!!

its a long wait but i believe any holder for that long would be happy to wait for the S.P. to break 30 as it will surely do in the next 6-12 months.

Global Nomad, further to your post #196, I notice today while scanning the Interim Statement, that it is Co-Op which has already converted its entire plastic bag intake to SYM's d2w brand. SYM says that it is in talks with other major supermarket chains, but cannot give details at present.

Hope this helps.

cheers