Previously writing on bioplastics and radio frequency technologies company Biome (BIOM) I questioned coffee-pod filtration material contract, share price rise justified?. That was to 375p. The shares last closed at 380p but are currently down to 350p on the back of a trading update. What’s this latest then?...
Hello, Share Fanciers. A short time ago, I reported on a new order from an American customer for alternative mobile coffee cups from British green pioneer Biome Technologies (BIOM). The firm’s full year figures are now out and at first blush they’re not that encouraging. But this is a company producing futuristic products which are likely to become more fashionable. So with a small dip on the share price, I think we’re looking at a buying opportunity.
Hello, Share Collectors. Just as I was thinking of top-slicing after a sizzling week for today’s choice, the AIM-listed company announces another big order. And this caused the share to leap again. I refer to Biome Technologies (BIOM). This is an outfit which deals in radio waves and, probably more promisingly, green substitutes for oil-based plastics.
Biome Technologies (BIOM) has announced a “contractual commitment with a second US end-customer to accelerate the commercialisation of its proprietary compostable filtration material”. Is though a current more than 40% share price leap to 375p, an approaching £14 million market cap, justified?...
Hello, Share Bunnies. This old punter has a nervous relationship with Biome Technologies (BIOM). After all, when it used to be called Stanelco yonks ago, I lost money. But it now seems this is a company waiting in the wings of the green revolution. And, as we know, that’s a fast-growing market which will become much vaster as the years roll on...
A trading update from Biome Technologies (BIOM) includes “strong annual revenue growth of 65% in the Bioplastics”. So why are the shares in response, at around 210p, more than 4.5% lower?...
Hello, Share Bunnies. As I write, the Footsie is undergoing a correction. But all that vaccine news that invigorated our shares had to end in a retraction at some point. And as soon as the next big company announces a vaccine breakthrough we can expect our portfolios to bubble again. Meanwhile, let’s look at a share which should see some jumps, whether any vaccines are approved or not...
Biome Technologies (BIOM) has updated including “revenues in the Bioplastics division in Q3 at £1.6m were 48% ahead of the previous quarter (Q2 2020: £1.1m) and 131% ahead of the prior year comparative (Q3 2019: £0.7m). The division's revenues in the first nine months of the financial year stood at £3.8m, 93% ahead of the equivalent period last year”. The shares though have responded little changed at around 155p, and comparing to 240p as recently as last month...
Previously writing on bioplastics and radio frequency technology company Biome Technologies (BIOM), I concluded with the shares around 160p that the RF division position and overall cash burn continued to deter, but the bioplastics momentum continued to see it remain on the watchlist. The shares last closed at 240p, but are currently back down around 160p...
