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?

Don't be too disheartened Greek, the rate of cash burn would indicate that they have another 2 years to make claims of great things to come!

Hi Kimoldfield,

Personally nothing Biome does bothers me as I sold out a couple of years ago.

Biome is the only thread I have ever continued to post on after selling out for the pure reason that they have never been a company that has played straight with the invester.
My sole purpose on continuing to post is that I want to warn others who perhaps do not know the history of the company.

I lost about £6,000 which if it had been a company that played straight, I would have taken it on the chin as you do if you invest in shares, but a level playing field, even for the lighter regulated AIM is not a term I associate wth Biome.

I have reported them in the past to both the FSA and the LSE after compiling a dosier of evidence regarding what I perceived to be rule breaking.

If the only sensure is a none public one then the complainant is not notified of the outcome.

I am astounded that this company is still being allowed to trade on the markets.

With contract scarce as far as Biome are concerned (I put scarce instead of none existant as I'm in a generous mood) I wonder how narrow any margin will be if they do get a contract.

They are hardly in a position to negotiate strongly as there are many companies working in the same bio-degradable field as Biome, as Biome threw away any lead they have years ago.

Just put bio-degradable packaging into google and see what I mean, Biome do not feature on the first 5 pages, I couldn't be bothered to keep looking further.

I promised myself I'd never open this thread again...


Daniel Stewart Buy 162.50 170.00 437.00 437.00 Reiterates

437! Wow, that's fantastic! Good job BIOM have and independent company of such standing putting us straight! Hang on, they are BIOM's Nominated Adviser. Oh. :o(

437p great..... only £43/share to go then.....

Bb buy now while they are still cheap!

uummmmm let me think about that.......

I understand a correction is imminent as it should have read 43.7p, mind you the sp will struggle to reach that high by this time next year.

Pessimists all of you! The sp will be no less than 50p by Christmas!

How dare you call me a pessimist, I'm an atheist through and through.

Oh my God Greek! I am so sorry! :o)

Lol

Get a room you two.,.

We have.

Not sure about the curtains! :o)

oooo! get you .,.

Todays RNS shows that V A Pereira now holds 352,792 shares against 340,592 on October last.

The other 2 significant shareholders hold the same as they did last Oct.

Not much confidence in the future of Biome there then.

A Biome market maker at work.

http://alturl.com/y7ng5

Lol!