Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Symphony Environmental Technologies (SYM) has announced results for a 2015 year in which“revenues remained disappointingly static”, but that it “has sufficient working capital to execute its strategy and… as an operationally geared business, now running with a significantly lower cost base, the board looks forward to a financially more successful year in 2016”.
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Comments
wildrides
Its a piece of shite , jam tomorrow , director gravy train designed to transfer wealth from share holders to the directors via expensive loans , fees , etc .
Dig a whole in the back garden , chuck your money in it , set light to it and cut out the middle man.
Juicin Drumroll
Every fucking year it’s the same shite – the future’s bright, great things on the horizon, going forward we look forward to blah, blah, blah, blah, fucking blah.
Shareprophets should be excoriating the dismal, greedy, self serving, underperforming management, not supporting them. 15 years of jam tomorrow while the BoDs pay themselves like the winners they aren’t.
Two bad calls from you in a short period – Michael Laurier & Jason Drummond. Stick to exposing fraud, which you are very good at, and STOP RAMPING YOUR MATES SHIT COMPANIES!!
From ADVFN’s SYM thread where posters have the measure of Michael Laurier & SYM.
“robertnash2 21 Apr’16 – 08:37 – 4799 of 4801
Chief Executives reviews – Laurier’s famous last words…what has changed over the years?
2015 Sales for the first quarter of 2016 are 8% higher than for the same period last year, and on a conservative basis for the full year the Board expects to achieve moderate sales growth whilst maintaining gross margins.
2014 Our expectations for 2015 and beyond are to deliver positive and meaningful growth.
2013 With the improved trading position at the start of 2013, the Group is confident of a stronger financial performance going forward, and are encouraged by the growing positive sentiment towards our products and technologies.
2012 We are pleased with the positive progress made, and are optimistic for a substantial increase in our future growth prospects.
2011 The current year has started well and in line with management’s expectations. The Board is confident that further expansion will be achieved during this year and that long term debt will continue to reduce.”