Biome Technologies – grant funding, but still how’s the balance sheet?

Describing itself as “a leading bioplastics and radio frequency technology business”, Biome Technologies (BIOM) has issued a “Grant funding from Innovate UK” announcement including emphasising that it is “to support a collaborative development project with ANPOLY Inc of South Korea to improve shelf life performance of food packaging… could represent an important addition to the business's product range in due course and will bring benefits to manufacturers, consumers and the environment”. So what’s the detail?

It's Quicker by Tube when Growing a Forest and this Inventive Outfit Comes Up with a Disappearing Trick that could Grow the Share Price

Hello, Share Scratchers. It’s likely many green shares will be boosted in the glare of the imminent global warming shindig in Glasgow. So it’s a good time to review Biome Technologies' (BIOM) bioplastics division. This company makes plastic substitutes from plants, cutting out the carbon element. One of its promising products is throwaway coffee cups which biodegrade. But let’s look at another exciting avenue for the company.

Plant Plastic Pioneer Hits a Snag, but Should Eventually Catch Up and So I Keep My Shares

Hello, Share Scrapers. One of my babies has had an unforeseen set back. Biome Technologies (BIOM) had just shed about a third of its value on an admission that one of its main clients has fallen short of expectations. However, the reaction seems overdone and as I write the share price is now 20% down.

Biome Technologies – “trading update”, how “robust”?

Previously writing on bioplastics and radio frequency systems company Biome Technologies (BIOM), in April with the shares at 350p I concluded ‘assembling the drivers for growth’ and enquiries are very different to the delivery of profitable growth and the market cap here is still above £13 million. As such, at this juncture, still only on my watchlist. The shares last closed at 480p but are currently slumping back towards previous levels on the back of a trading update. So what’s happened?...

With the Government Set to Impose More Green Measures, Bouncy Biome Could Grow an Even Bigger Share Boost

Hello Share Takers. There’s hardly a day passes without news about the Big Green Wave. It’s a sure sign of change when governments are seen to be doing their best to clamber on the alternative energy bandwagon. Now, for example, Whitehall has announced that it will impose a legally-binding target for 2030 to drive action to halt the decline of nature.

Not Great Results from this Alternative Plastic Pioneer, but the Future's Green which should Give a Leg Up

Hello, Share Charmers. The City isn't sure what to make of the latest trading update from Biome Technologies (BIOM). At one stage the shares jumped on the day, then they fell by 7%. That’s often the problem with a company which seems to have better future prospects than its most up to date, but still historic, performance. It’s a situation where the least bit of RNS good news can galvanise the share price.

Biome Technologies – I having previously questioned share price rise, now trading update...

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?...

Biome Technologies (#BIOM) – Q1 revenue £1.4m (Q1 2020: £1.2m)

Sorry, Steve but I reckon Plant Plastic Company's Annual Report Portends a Promising Future

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.

Plant Plastic Purveyor Pulls Perky Order and the Share Price Puts On Another 25%

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 – coffee-pod filtration material contract, share price rise justified?

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?...

Baby Tree Protector Gets Extra Dosh From Government-Backed Agency and Its Future Looks Perky

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...

Biome Technologies – emphasises bioplastics “strong annual revenue growth”… so why share price decline?...

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?...

Down in the Wild, Wild Woods, A New Animal-Defeating Thing Begins to Stir

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 – Q3 bioplastics revenue +131% year-on-year… why a lack of share price response?

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...

Biome Technologies – interims & placing shame from management & broker Allenby...

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...

Biome Technologies (#BIOM) – conditional £1.1m placing at 120p per share

Biome Technologies (#BIOM) – on the Innovate UK bandwagon, £0.273m grant to support scale-up of compostable bioplastic materials

Wake Up and Smell the Coffee Cups as Big Order Comes in for Biome Technologies

Hello, Share Bunnies, it’s some time since I’ve covered Southampton company Biome Technologies (BIOM). That’s because there’s been very little news of progress during the lockdown. However, that now changes as the company has announced its biggest order ever for its green coffee cups...

Biome Technologies (#BIOM) – H1 revenue £2.6m (H1 2019: £3.6m), Stanelco RF division H2 expectations ‘revised downwards’