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.
black bird
- 20 Aug 2018 12:11
- 360 of 362
trump, coin a phrase' fake news, tesco deal coming, On RT. you tube.. so i am told have not seen myself. R N S needed from sym to stop s/p fall BB
black bird
- 14 Sep 2018 08:37
- 361 of 362
bbc tv mon 17 sept, talks about plastics & how to dispose of it, no mention of
SYM ? BB
hangon
- 03 Dec 2018 16:20
- 362 of 362
IF SYM really has the World-answer to making plastic degradeable (whilst retaining its usefulness, after being moulded).... Surely, the World would like to know. However, this Co. has been struggling for years (to get their tech recognised where it matters), so I suspect it either has massive "usability" downsides - or incompetent Management, maybe both. Even if their additive is seriously expensive, once the original Patent expires -it will be near-worthless. Wake-up Management!