Member Info for BTFATH1

Yes bodes well and like I said this so should never have got below 35p.

A great short term trade here.

Well here we go 👍🏼😆👌🏼

Nice consolidation today and paddy boy the board don’t have to rush they’ve got until June 2027 😆

I like you expected this to push on this afternoon, but this is Enquest. The number of times a rise happens and it pulls back to the original levels are unbelievable.

I do think trading a portion is a good idea on the swings but the news flow is going to very positive over the next year or so l, hence the overall trend should be up up up.

I’d be closing that out now 🫣

I urge everyone to read the last trading statement a few times.

Yes indeed and I reckon we are on the verge of a very acute rise.

I reiterate the market cap is now 30 million with a turnover of billion, making good free cash flow and reducing debt. Plus this investment:

Have a good Sunday all.

18 Dec 2025 07:00

RNS Number : 0195M

Synthomer PLC

18 December 2025

Synthomer plcReceivables purchasing arrangement

Synthomer plc ('Synthomer' or the 'Company') today announces that it has entered into a trade receivables purchasing arrangement with Rainbow State Limited, a subsidiary of its largest shareholder Kuala Lumpur Kepong Berhad Group ('KLK'). The Company has put this temporary arrangement in place with the support of KLK to provide additional short-term financial flexibility and ensure a prudent level of banking covenant headroom at year end.

Under the arrangement, the Company and KLK have agreed that KLK will purchase c.£50m of Company trade receivables due on or before 28 February 2026, which are not eligible for inclusion in the Company's existing committed €200m non-recourse receivables financing facility. It is anticipated that receivables purchased under the arrangement and in the existing committed receivables financing facility together will not exceed €200m (c.£175m). The purchasing arrangement terms have been agreed on an arms-length basis and are consistent with terms available from third party market participants for an arrangement of this nature.

Related party transaction

By virtue of KLK and its connected parties' c.27 per cent shareholding in Synthomer, KLK is considered a related party of Synthomer under the UK Listing Rules. The board of Synthomer (excluding Dato' Lee Hau Hian and Uwe Halder by reason of their relationship with KLK) considers that the purchasing arrangement is fair and reasonable as far as Synthomer shareholders are concerned, and have been so advised by Rothschild & Co acting in its capacity as sponsor in relation to this related party transaction.

Yes Warrenb everyone needs to re-read the trading statement very interesting facilities arrangement with Kuala.

Agree usernames and existing shareholders should raise a case with the LSE as this leak is completely unacceptable.

I reckon a big rerate is just about to occur and let’s see what unfolds this week. 30 million is an obscene valuation and it should never have got below 50 million.

Yes it’s such an overreaction remember the refinancing is not due until H2 2027.

The important factor is as noted 12 days ago they are well well within their debt covenants.

Read the rns’s before you comment with utter piffle 😆

I’m think of a move to the mid 30’s is very much on the cards.

The market always overreacts. Have a good weekend all is that the sun 🤔😆

Yes they supply 6,000 businesses and it’s a niche set of products dyor all. 30 million market cap really????

12 days before synthomer posted a trading update I urge you all to read this a couple of times.

Refinance is due H2 2027 and the update was positive.

This will bounce at some point in the next few trading days and when it does it will be quite something.

In three days off the back of this rns, I think it’s been a tad overdone 😆

Synthomer plc ("Synthomer" or the "Company") notes the recent media speculation regarding the possibility of the Company undertaking a capital raise.

The Company confirms that it is in the process of working with lenders to refinance its existing debt facilities due in H2 2027. In support of this refinancing, the Company is giving consideration to a range of options to reduce the Company's leverage and underpin the sustained delivery of its speciality chemicals strategy, including the possibility of raising additional capital.

No decisions have been made as to whether, when or on what terms any such options may be undertaken, and further announcements will be made as appropriate.

The person responsible for making this announcement on behalf of Synthomer is Anant Prakash, General Counsel & Company Secretary.

And they are well established business with great products. A sale of part of this business and the so will be bs k up over 55p in an instance.

Bit of patience and this will be a good trade in the low to mid 20’s.

It’s just a natural rerate and long long long overdue for us suffering medium/long term holders.

As I’ve said all along I do not think a merger is in our interest as we can reach a level at many many many multiples of the current sp as a stand alone business.

At long last we are back on the radar and have a great weekend all.

Hi, assets of 1.1 billion though 😆

Yes agreed yalienow and the net asset value is 1.1 billion. Only a trade for me but talk about an overreaction.

Like an early poster mention the best idea would be to sell part of their business.

I note they did this in 2023 and sold it for 262 million dollars.

This sp is bonkers.

36 million now and they paid 1 billion for the resin division 3 years ago.

This has to turn very soon.