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.

just asking if its more than sentiment for biodegradable connected companies that is creating this rise...?

Well SYM's recent history has seen it up one day and down the next. Its been rising over the last 3-4 days, including today when once again the general markets took a hammering. So it's got relative strength and whilst some of that may be down to "green" sentiment I feel this is a little different.

good

As ML inferred in the last trading statement- Demand for d2W will grow as countries develop their environmental stance on plastic pollution. The directors have shown their faith in the equity of the Co., and it would seem from the update that the distributors are doing well. The fundamentals are weak in that the financial position isn't clear, the chart needs to go a little further, to clear the long decline ( can the sp stay above the 200ma to create a golden X, or will it fade as in Jan) but the speculation on this little green share is very seductive, so much so that I'm in for the long haul, save any obvious warnings. GD I wouldn't want to predict a sp, I'm pretty much a novice but I like a small speculative punt. Now looking forward to a slow steady rise.

Good post Ddoc2, lets hope SYM can remain unscathed during the widely anitcipated Bear Run.

Who is widely anticipating a bear run G D? The editorial in Shares today suggested opinion was divided and their outlook was more bullish than bear. Not that I believe everything I read or hear of course but interested in your opinion.

Queen1, I don't think that any Interest rates will be lowered for a while as there is still inflationary pressure in the US and with Bernanke still fairly new to the post I believe their could be further market dips. The high R.O.I in the US also seems to have had a draining effect on Investment in emerging markets which will hamper their demand for goods, which is currently drving some of our growth.
The political turmoil involved in Iran and Nigeria could push oil prices higher if they decide to cut America off, and then no doubt America will Charge in Tomahawks at the ready and add another country to the Invsasion list, creating world unrest which will no doubt damage the financial markets.
I also see Commodity prices as ripe for a further fall and don't believe in the 25 year super cycle, therefore it is my anticipation that their may soon be a bear run.
However I still have not withdrawn any Investment in the market s and hope that I am wrong, GDP.

Thanks for that GDP. It's hard to argue with some of the logic in there. In terms of another conflict there would obviously be a dip but every recent conflict has seen a sharp rise follow any initial dip. And Markets tend to have a way of compensating for the loss of momentum in one area with a surge in another. Not sure where that may come from if commodities head south but "Green" shares seem a decent bet. Which brings us back nicely to SYM :-)

Ha yes, I do believe that SYM are well positioned to benefit from the 'Green' Phase, and the fundamentals are actually there to support a much higher price. I have for around two years now been investing primarily in Renewables, I held Ceres power at 99p and ITM at 130p, however I sold out at 180p and 210p respectively as I beleived their potential was then fully justified.
If you are looking for some other green plays that have great potential, I hold shares in each one, then have a look at Voller Energy Group - VLR, Renewable Energy Holdings - REH, and as a high risk play either Alkane Energy or Stanelco - ALK / SEO.

nice posts, it would be even better if we had more interest. hope the present slight dip is temporary. agree that the price of oil which looks to remain high, as I think will gold though not commodities in general, will have less of an impact now that SYM's main revenue is derived from the distribution of d2w. we need news flow to maintain the sentiment.

Yes and the price, in my experience un proven smaller companies tend to slide when there is no news flow. Are we expecting any news?

Thanks for that GDP. I hold SEO which is having issues itself at present. VLR has been on my watchlist for a while. I definately think Green is the way to go. I'm into MNE which is worth a look as it tracks the sector.

new distribution deal in Brazil though no RNS ! may explain the sudden increased interest. chart appears to be heading toward the 14p mark again.

where did you hear that ... On the 14 p Note the chart does certainly look good.

i think this one could go a lot higher though ... And it may sound ambitious but I believe 20p could be achievable in 2006.

Well it reached 24p last year so it's not that far fetched GDP.

from the sym website. no idea of the value of this contract for d2w via distributor- assume sym receives a percentage. it proves that there is a technology with growth potential!





















Nero aproximado de sacos plticos consumidos este ano no mundo:

216,393,974,076



Release Symphony Plastic Technologies plc Brazilian Sales Expansion Schincariol - Ingl














For Immediate Release
4th June 2006




Symphony Plastic Technologies plc

Brazilian Sales Expansion





Symphony Plastic Technologies Plc (Symphony), the degradable plastics company, is pleased to announce that through its exclusive distributor, RES Brasil (RES), that a new agreement has been signed with Schincariol the third largest beverage company in Brazil to start a program to convert all its plastics to d2w degradable plastic technology.



The first shipment of d2w additive will convert in excess of 500 tons of shrink film and will be delivered before the end of June in time for a major product launch of the technology.





Michael Laurier, Chief Executive, said:



We are delighted that Schincariol has decided to use d2w degradable additive technology in a range of plastic products for their beverage packaging products. This agreement makes Schincariol the very first beverage company in the world to embrace d2w degradable plastic technology and as a result they will be promoting this new environmental policy to their market and customers.



Gilberto Schincariol Junior, Chief Executive, said:



As the second largest beverage company in Brazil, Schincariol is very pleased to be the first to make a commitment to change where possible all our plastics to d2w degradable technology. Our team will be working with the RES and Symphony over the coming months to convert as many products as possible to this important environmentally responsible plastic technology. Schincariol is committed to adopt positive sound environmental practices in the continued development of the business.



For further information, please contact:



Symphony
Tel: 020 8207 5900

Michael Laurier, CEO

Ian Bristow, FD




Panmure Gordon & Co
Tel: 020 7614 8385

Andrew Godber





Citigate Dewe Rogerson
Tel: 020 7638 9571

Patrick Toyne-Sewell

Ged Brumby




Further information on Symphony Plastic Technologies plc:



Symphony develops and supplies environmentally responsible plastic packaging products and additives, which are distributed primarily to the retail, local authority and health related sectors. The Groups main technology, d2w, allows plastic to degrade, leaving only water, a minimal amount of carbon dioxide and trace amounts of non-toxic biomass over a short time period. The d2w product range now includes additives, carrier bags, refuse sacks, mailing wrap, stretch film, and packaging films.



Symphony has a diverse customer base in the UK and has successfully established itself as an international business after signing distribution agreements with companies in Brazil, Canada & USA, India, New Zealand, South Africa, the Caribbean, Saudi Arabia, Colombia and Qatar. d2w products can now be found in more than 40 countries.

Further information on Symphony can be found at www.symphonyplastics.com and www.degradable.net.





End

Sounds good, but they included no financial projections - although as you say it must be based on some sort of royalty.

Ive just added to my holding at 10.12p, I think we could see some positive news and therefore share price movements soon.

Is that a crystal ball I see in your hand GDP?

Symphony Plastic Technologies, the degradable plastics company, said sales are growing as household-name brands in various countries are increasingly using its products for environmentally friendly packaging.

The firm has shifted its strategy to focus on selling its d2w(R) additive, which assists degrading, rather than finished plastic products, and is also strengthening its international distribution.

Well-known brands using Symphony products include UK publisher IPC Media, Brazilian drinks group Schincariol, and hotel groups Marriott and Royal Caribbean International, the company noted.

Michael Laurier, CEO, underlined the 'increasing motivation of suppliers and manufacturers to take active steps towards adopting more environmentally friendly plastics.'