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

18 months of cash I believe,even if nothing happens.

Maybe we could petition the LSE to ask SEO to produce a "no problem" explanation RNS?

I'm still happy but there are others that need it spelt out.....

qc,

Think you're right on this point. They have plenty of money in the bank, esp after the placing at 12p, back in the early part of the year. Although this was mostly used to fund the biotec acquisition. SEO haven't ruled out further acquisitions, if it fits into their portfolio. I have to say, that even the management are looking much longer term. Obviously this isn't what Short term profit takers want to hear but I'd rather have a small piece of a much larger cake (and that maybe 3-5 years).

Kong

"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"

Enough said

bos

Unfortuantly it is the voice of experience (i've been caught out a few times), in saying that i'm not selling my trade just yet as it may just be sentiment driving it down short term; we may see a relief rally as punters perceiving this to be cheap take a punt.

qc


I hope you're correct but they have been spreading themselves about of late.

At the AGM the Board stated that they did have sufficient cash for 18 months without any further orders - not that they were probably even contemplating that to be a possibility, and neither should anyone else believe that to be likely either. The bonus point at the present time will be to shake out all the weak holders and hopefully build back the sp with a greater number of shareholders who are in this for the medium term. From what I hear from the company there has been no material change in what they hope to achieve and all the babble about placings and hedge funds etc. is just that.

Amities SS ,,mms dont work to "build back the s/p with a greater number of shareholders who are in for the medium term ,, That is patent nonsense and certainly not the job of an mm ( unless he is acting as nominaetd broker as well ) For goodness sake man the s/p has fallen from 30p to 12p so dont tell me all is fine in the house of SEO.Because it is patently NOT .......@+ J

True Sharesure

Read in The Independent that Northern Foods say high energy costs are keeping margins down. What could help them with that I wonder??? It's all looking very promising.

TFC, I am not suggesting that anyone other than a shareholder can decide their strategy; unfortunately for SEO it did attract a large number of shareholders who obviously thought that this was going to be a steady ride to a much higher sp. This shakeout will have been of benefit if it has lost them.
As for whether the company is fine or not, you have your view; I trust mine and that is that this is a stock to tuck away for a couple of years and possibly add to en route. I guess you must feel sore that you have lost. Tough.

what exactly has changed in the fortunes or expections of this company?
the share price has dropped- so what.
If you believe in the long term future of this company you'll carry on as normal and posibly top up.
if you were in for the short haul, them ho-hum, put it down to experience.
if you've got nothing better to do than just moan and woa, about how hard done by your are and that its all the fault of rampers, then sadly you've got no one else to blame but yourself.
sell and leave.it's really is that simple.

Tweenie - amazing post!!! ;)

Must admit to baling out of my cfd's earlier this week - but I have been topping up at 12p today. Am hopping that this has been overdone now and will hold until next week when there will be some news of some sort that will help to reverse the sentiment.

With humble apologies to those that I thought were twats - even hinting that this might drop to 12p - I surely did not expect it to drop so low - and I guess it could still go lower still - but as QC alluded to earlier - I am happy to be in at this price - rather than trying to find the bottom and miss it,

Baza

Looks like another Food Summit.

Professional Development Opportunities Part of 2005 Fresh Summit Program

Produce Marketing Associations (PMA) 2005 Fresh Summit International Convention and Exposition to be held November 4- 8 in Atlanta, Georgia, USA, includes a Professional Development Track intended to address the key leadership and operational challenges facing industry professionals.

One of the presenters is Stephen Tursi, Produce Merchandise Manager, Wal-Mart Stores, Inc.
See link re full article

http://www.freshplaza.com/2005/11okt/2_us_pma2.htm

LOOKING VERY BAD TO.DAY LOTS OF SELLS BUT MANY BUYS
THIS GIVES US SOME HOPE HOLD TILL THE TIDE TURNS
GOOD LUCK EVERYONE

Starfrog,

I've got it down as 928.41m shares issued (from Barclays) - am I wrong?

Baza

Have to agree with you that I never expected for it to drop this low, even Paul might agree on this. It shouldnt be this low, but as you said, what a great price to top up with!!

Key Figures (As of 08/07/05)
Share Price p 22.00
Market Cap. m 172.62
Shares in Issue m 784.64
PE Ratio x -62.03
PEG f 0.00
Dividend Yield % 0.35
ROCE % -8.81
Net Gearing % -0.28
One Year Beta f 0.6

From MAM Research Page - Company Zone

Baza

PM1

Paul, Your views on the following please. I don't think its a threat to greenseal but whats your slant on it.

http://www.packagingessentials.com/eqnews.asp?id=2005-10-11-16.09.45.000000

Ossid unveils state of the art tray sealer at worldwide food expo Oct 26/29 2005 Booth S-447.

The read up does look good, I appreciate it probably would not seal none foam trays but could it be in competision with SEO re the sealing of such trays.

anything upto a 30% drop in the sp of a share like seo would not be too much to worry about, we all knew it was rising on news, hope and hype. but the fall is now 60% and rising daily. since the peak at 30p there have probably been two dozen announcements and not a single one has been negative and yet nothing has stopped the sp sliding. what will? news of a walmart deal or a starpol deal will have little credibility unless greenseal is a success. apparently seo have said to ssanebs that there have been conversions, yet they have chosen not to announce them. why? surely they are watching the m/c falling and surely they know the market is looking for reassurance that the conversions are happening. i don't see why they couldn't release an rns for every 5 or 10 conversions. unless.....?

it's not looking good at the moment, and , as each day passes with no news and the sp suffers further falls, the the greater the hopes and expectations become of the next rns. it now has a lot to live up to.

As I have stated many times before on this thread, SEO will not release RNS's for every conversion, even if it's for 10 (although like you Bos, it would be nice of them to provide some sort of feedback).

This exclusivity deal with ASDA, does thi preclude any further deals for greenseal conversions etc outside the UK?

Comments welcomed.

Ta

Kong