for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

fair point , alan. the problem i have is that nobody apart from seo knows what was "expected". what "as expected " means to seo and what " as expected " means to the market could be poles apart.

Point taken, Boz, and we will all put our own spin on it. That is what makes this fun. I read it in exactly the same way as you would read a trading update that said profits would be in line with expectations, and that usually refers to market expectations. My concern is about the patent sale. If I were thinking negatively, could I be persuaded that SEO were looking at their cash flow forecasts and seeing trouble ahead, and looking to sell some family silver to ease the issue? I don't think that is the case, but there are still one or two bears not yet hibernating who may wish to portray that.
Alan

I'm not sure this one was in the PM news torrent:

Very bullish news release from the US

Maybe a trivial point - but I specifically wrote down that IB said at the EGM was that there were "some" hundreds of machines to be converted. Now I dont know whether some means 1, 2 or 10 - but I thought it interesting at the time that he used the word some and not several or two. He also commented at the time that even if there was not another single order - that they had enough cash to operate for at least another 18 months.

OK that was nearly 2 months ago and there will have been some changes - but that was the info at the time

baza

Niels
Yes it was, twice yesterday.

Now. what do you make of this, from the above release: " Stanelco intends to divest the filter tow technology to focus on its starch businesses, including Starpol 2000(TM) and GREENSEAL(TM) biodegradable packaging, which are just being introduced across a wide range of product packaging in U.S. and British supermarkets."

What US supermarkets and what product are they talking about???

Now 1:3 @ 16.75: 17 and 78k to 268k

Alan, interestesting comments, however I do not think the sale of patents in this case represents a need for cashflow. Rather I think it is encouraging that they are focusing their attentions.

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=548301

Niels
blosdog picked that up earlier his post below well spotted though, interesting?

blossiedog - 03 Oct 2005 22:57 - 10520 of 10535
Does anyone else think it strange that this afternoons press release specifically said that starpol/greenseal packaging was "just being introduced into US and british supermarkets"

Not trivial at all, Baza. Expectations at the time were for some hundreds (note the plural) of conversions. There has been no RNS to inform the markets otherwise and so expectations remain at some hundreds. I may be oversimplifying but that says to me that SEO are on course to achieve exactly that.
Never for a moment thoght that the patent was being sold to ease cash flow, just pointing out that anything is susceptable to negative spin by the bears!!
Alan

Howard does say that he expects to update the market shortly!!

"Major steps are also being
made in both Europe and North America towards the commercialisation of a number
of projects, particularly those involving Biotec's materials and Stanelco
intends to update the market with these developments shortly. "

Patience - I think - define shortly

Baza

Could be a tick up coming soon now 1:3 @ 16.75:17 and 78k:92k

there it goes now:
1:6 @16.75:17.25 & 78k:493k

baza

Baza.

Try weeks. Mid November at the latest in my book.

Lots of resistance at 17.25 - now 592k

More likely to tick back down .25

Must confess Bugz I was hoping for some news in the week leading up to the Philadelphia showcase - where at least 3 senior SEO execs will be present including Ian, Howard and I assume Stephanie

Steady stream of buys coming through - mainly small investors like us though

baza

Baza.

All I can say is that I aint selling!! Its not a question of 'if Walmart sign up', its a question of when they announce. Patience shall be rewarded from what I hear......

Its just so frustrating.

Just managed to get a cfd @ 16.5 - so fingers crossed now