I have today taken an initial position in another little known (to me anyway) microcap "High Flyer" whose niche and metrics intrigue me. My notes to date:

Symphony Environmental Technologies (LON:SYM) core business is a licence for a US patented additive made by EPI Inc to improve polythene biodegradability. The company has also developed other anti-microbial and fire-retardant additives. With Sir David Attenborough on the plastic offense I can envisage the environmentally aware supermarkets failing over themselves to be the 1st to launch a biodegradable plastic packaging range.

Mid-month Symphony results show a significant earnings uplift. Recurring sales revenue with good recent exports to Saudi. Excellent 3M RS with QM of 93 and F8. Moderate operating margin which should improve with operational gearing. Sexy environmental benefit story.

Overall an expensive for EPS penny story stock, that looks like its coming good. Does anyone know more for bull/bear case please?

Video http://www.proactiveinvestors.co.uk/companies/stocktube/8877/symphony-environmental-says-world-at-tipping-point-in-solving-plastic-problem-8877.html

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