Member Info for Thordon

just a thought , you can oust the director in a agm

Lol no investments needed just a pension for the last employer

Reminds me of the circus chat here , so reminded me of a album played over twenty years ago and thought of block Energy.
When we do strike a new well then remember this song and the part that son speaks to dad.
Circus of heaven by YES.
No matter what happens the son is disappointed

Bit of light humour

Thanks , checked data sheet no ITX product
Impressive gains for diesel engines , just a shame not invented 10 years ago

BiON plc, an investment holding company, operates in the renewable energy sector in Malaysia. It is involved in the research and development activities; provision of professional engineering consultancy and process design services in the areas of industrial biotechnology, pollution control, and renewable energy; engineering, procurement, and construction of waste water treatment plants/systems; and development, commercialization, operation, and maintenance of biogas power plants. The company also supplies power to national grid.
Increase in turn over up 310% to year end RM100 Million , Results due in June ; BION's debt to equity ratio has reduced from 86% to 29.6% over the past 5 years.
Bion has only just tap the Palm industry , converting Waste Palm water to methane to electricity direct to the grid. Has backing of the government by legislation. Has started to add more Bio units and two new plants coming on stream within the next few weeks. Director has agreements to purchase shares up-to 50% and stated no more.Also has solar panels on over 50 buildings .
Investment wants to to involve fund managers to invest in more bio generators in Pam waste water with over 500 locations within the country in a separate company in which Bion to hold a stake and also service the assets.
At a Market price of £12.3 Million low entry to a green product and massive growth over 10 years.
Have invested 188k shares and would not buy more as i target company's undervalued and high prospects

Date: 2021-04-20 15:10:39 - Views: 1953 - Clicks: 4893 ... Itaconix said it had signed an exclusive global supply agreement with Nouryon to use its ... In April, Nouryon entered into an agreement with SulNOx Group (London), ... Sironix wins development agreements with Nouryon and Unilever at startup

Having trouble getting past a bloody robot to open the link

Anyway if true major coup

Jim Gordon ; Director of Cleaning & Hygiene at Itaconix , Ulverston, England, United Kingdom interesting he worked for Unilever for 10 years

Need to look at as you say if the products have been improved and superseded , for now going to look for evidence on the Europe side for major launch.
In the USA seems the start to be dominating the market.
Unilever a good start , information tight when ever looking

reduction in exchange for shares

hamodeh82 to answer your question but this is 11 months out of date

Debt to equity ratio has reduced from 86% to 29.6% over the past 5 years
Debt stands at RM16.6 M
Assets RM74.9M

There was a ************** for loan but need to check if this happened after June 2020

Still researching so takes time

Im in no rush , John very good at giving the shareholders a little piece of cake but not enough that we forget.

Andrew glad you invested not going to be another ITX but does have strength in the long term , so bion mainly carried out service consutancy work this has changed and now what to become a player in the Green energy sector and by using dirty palm water which they convert to gas and then electricity. The product is free as the suppliers are now bound by government law on waste. Now for the reason why they joined aim , raise funds but what i understand is a desire not to dilute the share holding and the term from CEO was Fund Managers ( long term ).
So from the fund managers you raise funds and set a deal to sell or box in the funds from the generation sites , this accelerates the conversion of mills to power green energy.
Could be wrong but that's my take , which ever shows the company wants expansion.
Any way only just invested so more research and update , invested at 188k of shares so first day now in profit do not usually invest more as long term.

Think that STTSBUMBAG wants cake but at same time dislikes the taste as he/she a investor in Byotrol which sells also to the NHS.
Classic

Thanks jointhedots , in the old days on chat it was pay per minute and reaped the rewards in the early Covid times.
Since then a mayor shift to AVR and that has given strength to the company but same time pain due to high profit on pay per minute.
you just have to look at the jobs advertised 5 months ago 37 new jobs across the globe and only 2 left to fill as was 4 days ago ( not checked since )

This is a strange request in AGM
Notice period for general meetings (resolution 10):
It is proposed to allow a general meeting other than an annual general meeting to be called on not less than 14 clear days’
notice. The statutory notice period for general meetings is 21 days unless shareholders approve a shorter notice period,
which cannot, however, be less than 14 clear days. (AGMs must always be held on at least 21 clear days’ notice). The
authority granted by this resolution, if passed, would be effective until the Company’s next annual general meeting. The
flexibility offered by the resolution would be used where the directors consider this appropriate in relation to the
business to be considered at the meeting and in the interests of the Company and shareholders as a whole.
Resolution 10 is proposed as a special resolutio

when you take a breather , take a look at Bion another Green company and just do your research as i have invested.
Its not a tip and may not go anywhere , but you need to go on there website and view all videos and blogs.

https://coatings.specialchem.com/news/industry-news/green-bio-solvents-market-2026-000224603?

Just looking spread very tight not seen for a while , strong trading today.
Good point with Unilever connections this just better.

Some good information on Bion website including why they have listed on AIm , looks to be a massive growth area with a target of 500 Palm Mill generating sites

Hi Mick2020 just read the report , so bad that sold my investment
Good Luck , will join chat now and then and thanks all for the information.
You never know may be back