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

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

Its only a UK binding contract 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

kong, i would accept what you say if this was a different company, but, this seo and no-one can deny that they are extremely trigger happy when it comes to making announcements.

Thanx Bugz. Now if other US (not necessarily Walmart) and maybe even European retailers adopted Greenseal then we could certainly see a much needed injection into the SP. What was the recent RNS update quoting about US and Europe? Yep, it could be......

Kong

greekman

With respect if you're after an unbiased opinion masterson is hardly the person to be asking, try bosley or driver.

kk, you know and I know that if SEO had conversion contracts signed and sealed they would rns that news, infact they'd probably rns the contract and when the conversion was completed; don't look for things that are not there as wishfull thinking in the stock market is an expensive game!

Amities / SS What do you mean when you say i must have lost out ? Lest it has unescaped your notice i have been short on SEO since it was 22p. l am not holding a long. @+

what a crappy day! personally i do see a bounce from here after the panic selling today... i maintain that the 20p days will take a long time to reemerge..

KBC Peel Hunt 06/09/2005

Stronger balance sheet. The recent fund raising and part sale of
Biotec has improved the groups cash position from the start of the
year with a current cash balance of around 7m.



EVO 04/10/2005

Mkt Cap 151m Net Cash 10m


Part of the difference is no doubt in the Biotec deal

Stanelco and SP Metal had initially agreed to increase Biotec's production
capacity of biodegradable pellets to at least 12,000 metric tonnes within nine
months via a joint investment programme of up to 4.5m. However due to further
recent improvements in both the production procedures and the ability to process
the materials, a capacity of 24,000 tonnes for an investment of 2m is now
envisaged within the same period.


Anyway, the bashers lose again, their lies are exposed yet again .... NEXT !!!!

shamona

I don't mind anyones views on my previous post, they are all welcome as long as they are sensible comments. I asked Paul as he has the best expertise for research on this thread. I don't always agree with his views and in the past he has not always agreed with me but we have never got personal. His research has done more to assist me and than most. I always dmor and dont take anything as gospel. Please anyone wishing to comment re the Ossid tray sealer do so.

Yet again still comments re RNS for every contracts signed. I suggest we close the argument. There are some that continue to state an announcement will be released at every contract ( for contract I keep reading every machine conversion ) and those like myself who don't expect an announcement in these circumstances. We can argue this forever, and it will mean nothing. Lets agree to differ and allow time to tell. If I am wrong I will admit same.

PM1

Surely you knew about the Ossid tray. It must have come up in your research. If it did, then you have only been informing people of what you personally consider positive about SEO to this board.

If it didn't, then you must have a very funny filter on your search engine which to excludes material "contrary to the future business prospects of SEO"

Any comments?

The oily one

Paul,

I assure you I am not baiting you, trying to trap you , being facetious etc. but you say:-

'Anyway, the bashers lose again, their lies are exposed yet again .... NEXT !!!! '

Just so we dont miss anything - what lies are you referring to, please? I'm sure I cant be the only one who misses your point.

As the sp has dropped to c12p, if the no of shares in issue is approx 800m - then the share capitalisation is less than 100m.

Is that likely to trigger a sell off from some of the institutions who buy small caps >100m?. It seemed to be a trigger on the way up when we broached the 100m fugure - so surely the reverse will happen on the way down.

Anyone know?