Wednesday 24 January 2018 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
The December 2017 edition of the UK Investor Magazine is now live: What will Father Christmas be putting in the stockings of the writers of ShareProphets, nine share tips , plus sexism at the BBC
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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