Symphony Env. Share Price (SYM)

At last! Has this sp just come out of it's winter hibernation? Can we expect a bit of a climb out of this low level now, I wonder? Certainly the BOD must be hoping so as they have invested money at higher levels than we have sen for some time.

Symphony Environmental Technologies has reported a strong start to 2013 with revenues for the first four months of this year having already exceeded revenues reported for the first half of 2012, which were £2.12 million. Nirj Deva, the chairman, told the company's AGM: "Symphony has successfully developed from a UK commodity type finished product reseller of items such as carrier and refuse sacks, to a niche innovative global technology supply and service company. "We are a high margin and operationally geared business, where the structure is in place to deliver strong profits as revenues increase. This global expansion is supported by a growing number of self-supporting distributors which promote our technologies in more than 96 countries. "Each one of these distributors is contracted to deliver improving sales results, and to drive and expand the core brands in their specific territories. Most of our revenues and opportunities are derived from overseas markets, and we are therefore less affected by the current volatility within European markets

Met a couple of the Symphony guys at the UK investors show today. Their stand was pretty active, but I think it made a change from the majority of stands which were mining explorers. I asked about cashflow and the delayed payments, but they kind of brushed it off and focussed on their new products.

you are definitely not alone :)

Glad I'm not alone! ATB

the only relevant part of the quote was "Increase in number of distributors from 67 to 72 Post year-end · Revenues for January and February 2013 are 100% higher than same period in 2012 · Legislation in UAE extended to cover 13 more products for oxo-biodegradable technology · Legislation in Pakistan makes oxo-biodegradable technology mandatory · Launch of SYM-Tyre S300 · Directors increased share holding from 14.3% to 19.6% look for leading not lagging indicators