A trading update from Biome Technologies (BIOM) includes “strong annual revenue growth of 65% in the Bioplastics”. So why are the shares in response, at around 210p, more than 4.5% lower?...
Hello, Share Bunnies. As I write, the Footsie is undergoing a correction. But all that vaccine news that invigorated our shares had to end in a retraction at some point. And as soon as the next big company announces a vaccine breakthrough we can expect our portfolios to bubble again. Meanwhile, let’s look at a share which should see some jumps, whether any vaccines are approved or not...
Biome Technologies (BIOM) has updated including “revenues in the Bioplastics division in Q3 at £1.6m were 48% ahead of the previous quarter (Q2 2020: £1.1m) and 131% ahead of the prior year comparative (Q3 2019: £0.7m). The division's revenues in the first nine months of the financial year stood at £3.8m, 93% ahead of the equivalent period last year”. The shares though have responded little changed at around 155p, and comparing to 240p as recently as last month...
Previously writing on bioplastics and radio frequency technology company Biome Technologies (BIOM), I concluded with the shares around 160p that the RF division position and overall cash burn continued to deter, but the bioplastics momentum continued to see it remain on the watchlist. The shares last closed at 240p, but are currently back down around 160p...
Hello, Share Bunnies, it’s some time since I’ve covered Southampton company Biome Technologies (BIOM). That’s because there’s been very little news of progress during the lockdown. However, that now changes as the company has announced its biggest order ever for its green coffee cups...
Previously writing on bioplastics and radio frequency technology company Biome Technologies (BIOM), I noted substantial bioplastics growth and there enough longer-term potential to see it still on the watchlist, but with the shares at 260p the bottom-line picture saw me continue to avoid. Today a “Trading Update”...
Previously writing on bioplastics and radio frequency technology company Biome Technologies (BIOM), I concluded on its third quarter trading update with the shares at 285p that it’s forget “being closer” to £4 million than £7 million, it’s just “in line” with £4 million – and even that requiring smooth delivery… for now certainly continue to avoid. That referred to radio frequency technology division revenue and now… “Trading statement and Board change”…
Previously writing on Biome Technologies (BIOM), in July I concluded with the market cap still above £9 million, this remains on the watchlist but currently still an avoid. The market cap is now sub £8 million – and that with, subsequent to my previous update, there also having been a 433,337 shares placing (at 300p per share, so £1.3 million). The shares are currently at 285p on the back of a third quarter trading update…
Previously writing on Biome Technologies (BIOM), with the shares at 380p in April I concluded the seeming Bioplastics potential interests, but the Stanelco deterioration potential concerns – and for now it’s a watching brief for me; still on the watchlist. The shares had recently reached 430p but are currently back down below 400p on the back of a trading update…
Hello, Share Crumblers. Anyone watching the TV Tory leadership debate will know how seriously the environment is being taken these days. Not only did the shower of contenders have to field questions about Brexit, but they all seemed even more uncomfortable when a fifteen-year-old critic sneered that the government wasn't do enough to clean the world.
Bioplastics and radio frequency technology business, Biome Technologies (BIOM) has updated including that “2019 has commenced in an encouraging manner, particularly for the Bioplastics division” – and the shares have currently responded higher to 380p, though still well down from their approaching 700p in January…
Hello, Share Chewers. Let’s take a gander at Biome (BIOM) again. The share price has been dribbling backwards recently, but now looks to be beginning a comeback - and I think a rally is well deserved...
Hello Share Mates. One of my favourite ‘this could happen big time’ shares rose by 8% yesterday on no news. This could mean that something is going on in the wings. Or it might be in anticipation of some better results in an update towards the end of the month. Or then again, it could be that more investors see a rosy future for its 'bioplastics'.
Hello, Share Monkeys. Writers like me take a big risk when they commend a share the day before a big trading update comes along. But in the case of Biome Technologies (BIOM) I was happily vindicated. The numbers are exciting and as a result the shares soared as high as 12.5%. That attracted some profit taking, but the share price is still up by 9% as I write.
Hello, Share Samplers. After a surge of excitement, the value of a company involved in the making of self-destructing coffee cups has declined. I refer to Biome Technologies (BIOM). But if ever a share was dependent on a growing future trend this is it.
Hello, Share Scrapers. Let’s air a few thoughts on the vexed question of the difference between selling or buying shares and the average price we see on our screens - the spread. The width of some spreads can put us off selling at a time we really want to sell - and that’s a dangerous choice to face.
Hello, Share Smashers. It is with some nervousness that I hold onto my Biome (BIOM) shares. They’re now worth quite a lot which is always a difficult stage with penny shares. Especially ones which have previously cost me a lot of dough.
I’m not really one for almost daily updates on stocks I’m interested in but with Biome Technologies (BIOM) putting its interims out this morning, I thought I should update on my top-slice advice from two weeks ago (HERE). In short, promising news on the bioplastics side makes me tempted to hold for gold.
I first tipped Biome Technologies (BIOM) last November at about 215p and tipped it again at 260p earlier this year (HERE). With it more than doubling up from my first tip, I’ve hit my initial target and although there could well be more to come, I suggest that some form of top-slicing before the results in a couple of weeks might make sense.
A share I’ve returned to a bit lately is Biome (BIOM). This has not been far from the news bulletins of late. Not directly, sadly, but because of what it does. And the head of steam supporting this activity lurched forward yet again yesterday.
Biome Technologies (BIOM) “is pleased to announce a trading update for the three months ended 31 March 2018. Group revenues achieved for the first three months of the year were £2.1m, 37% ahead of the same quarter last year”. The shares have responded, er, 8% lower to 345p…
Hello, Share Pranksters. Ever since my more astute colleague, Cynical Bear drew my attention to it, Biome (BIOM) has been in my bag. It was a few years earlier, too, but I sold out then at a big profit, heartened to see it dip soon afterwards.
Hello, Share Surfers. Ever since my fellow scribe, Cynical Bear recommended Biome (BIOM) I’ve kept a close eye on the share. I also had a punt after reading the article and am now sitting on a gain sneaking up on 40%.
At the end of November, Tom asked for a couple of short-term buy tips and I came up with Biome (BIOM) as one of them with a price at around 215p at the time. It has picked up a bit since then and following this week’s trading update, I thought I should provide an updated view and despite the price rise, this is still a BUY for me.
Hello, Share Samplers. Many years ago, I lost money on a company called Stanelco. It became Biome Technologies (BIOM) and I had another go. After a few moribund years, it suddenly took off and I sold to make a fair fist of dough. The reason the price spurted was that there was a hoo-hah in the media about takeaway coffee cups. The huge majority of them cannot be recycled, which means millions of the little beggars are cluttering up the environment. In Blighty alone, we get through two and a half billion disposable cups a year.
Writing on Biome Technologies (BIOM) following half-year results in September, I concluded with the shares at 230p that the apparent potential may see it considered worth a speculative punt from a £5.4 million market cap, but for me currently this remains on the watchlist. There is now a “Trading Update”…
On a July trading update from Biome Technologies (BIOM) I concluded it does now look to be becoming more interesting and, ahead of results, is now on the watchlist. The shares have subsequently approached 250p, but are currently more than 7% lower at 230p on the back of results for the first half of 2017…
Shares in Biome Technologies (BIOM) are currently approaching 12% higher, heading towards 200p, on the back of a “Trading Update” announcement...
Hello Share Monkeys. Quite a few of my more moribund penny shares are in revival mode at the mo. Which is unusual. Because when the Footsie rises, investors are more likely to get income from more reliable outlets. Why risk the huge volatility of the cheaps when you can make money investing in companies with big cash piles and ever growing profits, i.e: most of the Footsie members?
Shares in Biome Technologies (BIOM) have retained a slight recovery above 100p following a 2016 “Pre-close Trading Statement”, though “the board expects the loss before interest, tax, depreciation and amortisation… to be similar to the level achieved in 2015”…
Having commenced June at 177.5p, shares in bioplastics and advanced radio frequency systems technologies company Biome (BIOM) slumped towards 80p in early July on the back of a “significantly behind current market expectations” Trading Update announcement. The shares have recovered somewhat to commence this month at above 110p – though we now have another “Trading Update” announcement…
Hello Share Swappers. Biome Technology (BIOM) is one of those politically correct firms. It makes plasticky material other than from the usual smelly black stuff. The impact on the planet is obvious and its products are usually compostable.
Hello Share Smashers. If you’re looking for an ethical share, I’m not sure you can do much better than having a peek at Biome Technologies (BIOM). Let me begin straight away by saying I’ve lost money previously backing this lot. Quite some years ago now, the share went wrong . I seem to remember this lot was called Stanelco then. And they were big favourites among penny play armchair tycoons like you and me.
What can be seen on the daily chart of Biome Technologies is the way that we have been treated to a relatively clean break of the 200 day moving average currently falling at 128p.
Hello Share Pals: I recently bought some shares in Biome Technologies (BIOM). I already had some I discovered, but this earlier lot now tots up to a very small value.
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