views

Biome Technologies – trading update and ‘looks forward to providing a further update with results in April’. Should it be?

Describing itself as “a leading bioplastics and radio frequency technology business”, Biome Technologies (BIOM) has issued a trading update for the 2022 calendar year including net cash ‘ahead of expectations’ and RF Technologies division revenue doubled to £1.8 million. So what of a current approaching 3% lower share price response to 85p?

views

Steve and Co could Be Wrong about BIOME as the Green Bandwagon Gathers Speed.

Hello Share Movers. Despite detractors among some of my colleagues on this mind-blowing site, including the fiendishly analystic Steve Moore, I renew my support for a company that makes plastic substitutes. Biome Technologies (BIOM) had a torrid time of late, plunging 170p to 46p last month. However, the shares rocketed by as much as 100% this week, later dropping back to about 60%. There aren't many shares that put on even 10% these days.

views

Biome Technologies – shares soar on Q3 trading update, but how’s the cash trajectory?

Bioplastics and radio frequency technology company Biome Technologies (BIOM) has issued a trading update commencing that “Group revenues for the quarter ended 30 September 2022 were in line with management expectations at £1.9m and were 77% ahead of the similar period last year” and including “encouraging signs from the uptick in demand from the large opportunity we have been pursuing for some time; growth from the broadened customer base and the portfolio of scale opportunities”. What though of a share price currently up approaching 50% on the announcement to 75p?

views

Biome Technologies – interims, financial stress indeed!

Previously writing on company which described itself as “a leading bioplastics and radio frequency technology business” Biome Technologies (BIOM), earlier this month with the shares at 175p I noted suggested financial stress – it will be interesting to review the 22nd September-scheduled half-year results detail and balance sheet and, ahead of that, avoid. The shares last closed at 170p and now the half-year results.

views

Biome Technologies – grant funding, but still how’s the balance sheet?

Describing itself as “a leading bioplastics and radio frequency technology business”, Biome Technologies (BIOM) has issued a “Grant funding from Innovate UK” announcement including emphasising that it is “to support a collaborative development project with ANPOLY Inc of South Korea to improve shelf life performance of food packaging… could represent an important addition to the business's product range in due course and will bring benefits to manufacturers, consumers and the environment”. So what’s the detail?

views

It's Quicker by Tube when Growing a Forest and this Inventive Outfit Comes Up with a Disappearing Trick that could Grow the Share Price

Hello, Share Scratchers. It’s likely many green shares will be boosted in the glare of the imminent global warming shindig in Glasgow. So it’s a good time to review Biome Technologies' (BIOM) bioplastics division. This company makes plastic substitutes from plants, cutting out the carbon element. One of its promising products is throwaway coffee cups which biodegrade. But let’s look at another exciting avenue for the company.

views

Plant Plastic Pioneer Hits a Snag, but Should Eventually Catch Up and So I Keep My Shares

Hello, Share Scrapers. One of my babies has had an unforeseen set back. Biome Technologies (BIOM) had just shed about a third of its value on an admission that one of its main clients has fallen short of expectations. However, the reaction seems overdone and as I write the share price is now 20% down.

views

Biome Technologies – “trading update”, how “robust”?

Previously writing on bioplastics and radio frequency systems company Biome Technologies (BIOM), in April with the shares at 350p I concluded ‘assembling the drivers for growth’ and enquiries are very different to the delivery of profitable growth and the market cap here is still above £13 million. As such, at this juncture, still only on my watchlist. The shares last closed at 480p but are currently slumping back towards previous levels on the back of a trading update. So what’s happened?...

views

With the Government Set to Impose More Green Measures, Bouncy Biome Could Grow an Even Bigger Share Boost

Hello Share Takers. There’s hardly a day passes without news about the Big Green Wave. It’s a sure sign of change when governments are seen to be doing their best to clamber on the alternative energy bandwagon. Now, for example, Whitehall has announced that it will impose a legally-binding target for 2030 to drive action to halt the decline of nature.

views

Not Great Results from this Alternative Plastic Pioneer, but the Future's Green which should Give a Leg Up

Hello, Share Charmers. The City isn't sure what to make of the latest trading update from Biome Technologies (BIOM). At one stage the shares jumped on the day, then they fell by 7%. That’s often the problem with a company which seems to have better future prospects than its most up to date, but still historic, performance. It’s a situation where the least bit of RNS good news can galvanise the share price.