Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
But did biome Tech make the material for the eco caps?
got up to 7quid last year didn't this.
When are we likely to see this share begin to move up? With the increasing sales from the new products I thought we would have had some increase in the share price by now. Any thoughts?
doesn't seem to be any interest in this company, yet it is at the cutting edge of technology and changing oil-based plastics into something compostable. There are other companies that appear to b3e focused on selling their products, but BIOM is more focused on research and development. I suggest that they start selling their plastic bags, cutlery, mugs, plates etc.
Perhaps they should organize two companies - one for bioplastics and the other for the fiber furnaces. Then have a CEO for each so that they can concentrate on their respective markets.
Hi Draft, nice article. It would be nice to think that Biome were represented in such a discussion/presentation
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/fe536926-ec73-11e9-a240-3b065ef5fc55
McDonald’s and Starbucks are pouring millions of dollars into developing eco-friendly alternatives to disposable coffee cups while struggling to find products that can be mass produced, as a global crackdown on plastic gathers pace.
Six sustainable packaging businesses pitched their products before the two chains as well as venture investors at an event last month in New York, held during the UN general assembly meetings where the environment was high on the agenda.
Styled after the popular television show Shark Tank, which involves entrepreneurs pitching their products to investors, the event was part of a broader project that McDonald’s and Starbucks have contributed $15m to in partnership with Closed Loop Partners, which pursues sustainable investments.
The sums spent are a tiny fraction of the profits of $5.9bn and $4.5bn that McDonald’s and Starbucks reported respectively last year. Both companies said they have made additional investments in eco-friendly packaging from their research and development budgets, but declined to give a specific amounts
Despite their name, conventional paper cups for coffee, soup and other hot liquids are not easily recyclable as their inside lining is made of plastic to prevent leaks. Polystyrene foam cups are also not recyclable.
As soon as we scale up we will be price competitive
Henrik Bjornberg, chairman of Colombier
Packaging has become a risk to the fast-food industry which is under pressure from consumers and shareholders to curb the use of plastic. Earlier this year, the European Parliament approved a law to ban a range of single-use plastic items, including straws and drink stirrers, while France is scheduled to ban single-use plastic coffee cups in 2020. The Californian city of Berkeley is also set to introduce a 25-cent fee tax on disposable coffee cups.
Those companies that have bet on new products which tap into the growing environmental awareness of consumers have been rewarded. Bunge, one of the world’s oldest agribusinesses, has seen the value of its stake in plant-based burger maker Beyond Meat soar. Bunge’s venture capital arm invested before Beyond Meat’s flotation on the Nasdaq this year.
Venture capitalists are also pushing into the sustainable packaging sector. Abe Minkara, director of business development at Mark Cuban Companies, a collection of businesses owned by the eponymous investor, said he was interested in compostable products. “The material-based solutions are definitely going to be more scalable,” Mr Minkara said. “The
I've just bought some under 300p
Basscadet, I also just picked up some this morning for £3. Hoping to get some strong upside once we get either further customer updates or updates on the revenues received to date. When it blows this share really goes so hoping to make a good profit on this!! Happy Days.
I got some for £3 yesterday. £2.96 to be precise.
Nearly at my target buy in price....was invested here along time ago and have been waiting for opportunity to get back in.....
Chances are it'll drop to £3 and you'll get a chance.
The sP on Jan 23 2019 was 680p. Less than half that now.
How many people here would like to have had the opportunity to purchase some additional shares at 300p?
This is the one thing that really annoys me when a company is raising cash, the people who are already invested as ordinary shareholders never get the same chance to participate in fund raising at a preferential share price.
I guess we should all be happy the shares are fully subscribed and at least on paper the fat cats are able to get a little fatter, bless them ;o)
Surprised at the fund raise when cash was 1.7m on 30th June :/ hopefully the raise adds shareholder value & the future projects are prosperous. Not convinced!
320 open, not bad. I think we can expect some ops news once this settles as somuch in pipeline now.
Trek
No surprises in results but growth in bioplastics looks very strong. Placing announced 15%ish at 300p, a good price imo. Hardly surprising given headcount, but what is important is the order book and demand for bioplastics. Got a real international reach and international companies are seeking out this sort of material. Not sure of market reaction today but if there is a drop it imo is a great buying opportunity or average down. AIM is used to raise money for high growth stocks which imo is why investors should build a stake over time. I am excited about the future of this co, it has good leadership and a production product that is in demand.
Trek, happy to hold.
Hi trek, ss they have new customers driving financial growth, then the marcap should increase. Trouble is that there doesn't seem to be any investor interest in the company. I thought that BIOM would be an outstanding company to invest in. I don't know what happened to the 3D printer filament sales but I can't buy it anywhere.
Interims n 12th September should be interesting, small loss expected in bioplastics but an update on customer orders will be key. In the trading update they said RF levels had normalised, I was surprised as I thought they would tail off so could be a surprise to upside there. Also I do expect cash to be less as they have increased headcount to drive growth. So September will be a key tee up for year end imo. Trek
Well their revenue is 20% down from H1 last year...
Why are these biom RNSs so negative?
They have good news - increased earnings and sales but always write a really boring and negative RNS. They could be trying to reduce the SP to buy back all the shares at a low cost now that they have positive revenue.
Oops meant for PDL, always wondered how people posted on wrong board! Trek.
Meant to add if I had a large short position I would close it now, why, coz the numbers are real and they may tempt investors back in and I would be exiting at lows. Be interesting to see. Trek
A small loss but due to pay costs as have recruited to drive growth. Plastics set to overtake RF revenues. Excellent order book and new customers. Note £1.3m order for RF, that alone pretty much covers guidance, that is a surprise to upside. I think next year will be transformational for Biome not they have a solid pipeline and production capacity in both EU and US. Trek