Market's view on Symphony Env.
Published on April 2024
- A stock watcher mentioned increasing stock for Somerston.
- There’s optimism about buying more stocks below placing, with anticipation for news from India and Saudi.
- Positive sentiment towards more director purchasing, indicating insider confidence in future developments.
- Some skepticism exists regarding the genuineness and impact of company directors buying stocks, with suggestions that it is a strategy for positive publicity.
- There’s mention of a new enzyme technology developed by engineers that can break down plastic waste much faster than current methods, but it’s noted that this technology is still in the lab stage and expensive.
- Discussion includes expectations of a significant re-rate of the company’s value, noting it’s currently undervalued.
- Optimism about future revenue spikes once necessary certifications from India are received and once Saudi Arabia passes relevant legislation.
- There are mixed feelings about the company’s recent premium placing, with some expressing confusion about the benefits to private investors, hinting at scepticism over management’s intentions.