Wednesday 24 January 2018 ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


A Possible New Tax on Coffee Cups Should Put a Froth on this Company's Shares

By Malcolm Stacey | Monday 8 January 2018


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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.


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