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My concern here is that the test results in recent days and months are not going to translate into revenue, time and time again great news has come out of this share and its failed to translate into revenue on each occasion. Not only historical performance, but also IMO this pandemic wont last for long!
Once again, I suspect we will see the SP drift down until the next news. the FDA approval some 6 months ago is the real game changer IMO, as it represents the companies best opportunity to grow long term recurring revenue. still waiting to hear an update on how sales have progressed on this front.... I wait patiently.
https://bioplasticsnews.com/2020/03/03/michael-stephen-plastic-protect-health-common-sense-plastic/
Finally, some sense.
@ganters - You are spot on. Everyone is very optimistic, but it will take time.
Some people feeling pretty silly around here today. Top up at 12p ... Then wait for the sales update.
@Rollingin*h*t - After a brief look through your history Ive formed quite the impression on you.
Night and day you roam the forums armed with your keyboard, dictionary and a distinct sense of self importance. When what is closer to reality is likely a fast receding hairline with a pension contracting even faster, a penchant for wearing women's underwear and the realisation that trying to sound smart on the internet is just about the best thing going for you.
Its going to be a good day today! :)
@Rollingin**** - Oh god, how predictable lol.
Holding an opinion you couldn't possibly back up?... thats amusing, now you're starting to sound a little like me.
@rollinginit - Clearly Im contradicting myself, but I do so knowingly, do you think me a Weasel?! (As Silver51 calls me)
I accept I don't have the gift of foresight, but I still have an opinion whether warranted or not, and my opinion is It still isn't going to happen.
Perhaps you should tell everyone on here and every speculator something that they don't already know..... nevertheless, they will still hold an opinion. Speculators speculate, after all. Resistance is futile.
Time will tell. Friday will come, I'll continue to speculate and you I both will be richer (but only slightly).
@RollingInIt - Look, Im here giving my opinion, the same as you. I cannot predict whats going to happen, the same as you and the same as anyone else. No point getting your knickers in a twist over it.
this is the best thing to happen to this company and in the long run its going to transform it into something special. But Rome wasnt built in a day, and it wont be built by Friday. Just be happy to catch the wave at the beginning. :)
@Mandio01 - Ive traded this a number of times, all at a tidy profit. Its a good ethical stock. :)
@RollingInIt - Agreed, plenty of examples. But it still isnt going to happen.
@mandi01 - lets hope they don't take too long to sign on the dotted line.
I just wish I had bought this share in my ISA.
For now the D2P products are going to be the moneyspinner, and for the foreseeable future. I orginially bought into SYM for D2W, looking forward to when that gets FDA approval.
@mandi01 - Stick around, its going to be fun! (In a few months time) :D
@sharedealer2019 - you are absolutely correct, its a huge advantage and they should really be delivering this time.
But if you believe as some do that we are going to reach an MCAP of £170m on £8m revenue, then i need to smoke some of what you're having! hah
@Silver51 - Ive been invested here since 8p and I wont be leaving anytime soon.
Im always amazed by some of the rampers on here. Not a snowflakes chance in hell this is going to £1 by Friday.
This will settle down and we are in for the wait until the next sales update. This company has time and again that it hasn't been able to capitalise on its advantages. Until they can deliver the sales this will trickle down, when/if they deliver (like they really should this time), then and only then will we see a price of 50p+.
"Mr. Laurier also told investors that he believes product sales will make a “significant contribution” to revenues in the medium term." - the CEO says it himself. DYOR.
Any idea what the cause of the rise is today? cant see any news
I spend a lot of my working life in a WeWork in London and they have just introduced so called Biodegradable cups that look and feel like normal plastic, pretty remarkable I thought. I asked around and apparently they are made from Corn, but there is no brand name on there.
A bit of research shows that its a scam at worst and false advertising at best, as it will only degrade in very very specific conditions. However, it shows how people can be mislead about these things and what people will take for granted... There are 1000 people in this office... most of them so-called "progressives" who don't appear to do research!
https://www.smithsonianmag.com/science-nature/corn-plastic-to-the-rescue-126404720/
7% organic growth, not enough...