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

Just bought another tranche at 14.62. Noticed they were refusing to drop the offer price. Seems to have gone up again. Think SEO like BPRG is one for bottom draw. Good technology, wide applications and huge possibilities. Also I think in modern day practical terms, fairly simple processing and other than for probably a few minor hiccups. Will come good. VGood. Besides it sits comfortably alongside BPRG.

shao
Just got in, sorry shao I didnt under stand any of that can you explain.

huge drop today...time to accumulate

I wouldn't call it a huge drop, a very good day to buy in.

Paulo: my view is that ASDA will want to get on with it. We don't know, I believe, how many machines and retrofits they will need, or commission with their suppliers. But let's suppose it is 100 at 30K or 3million, plus royalties; that's really small beer to them. So the main argument will be over exclusivity. As the others will be waiting in the wings, SEO will want to get it over with and may give a take it or leave it offer. Either way, likely to be sooner rather than later.

Discussed the situation with broker who sees a support level at 12.25p as that is the placing price for new shares. Any shorters would close out before that level resulting in a bounce, at least back to current level. I'm holding for the ride but it may be bumpy!

Eric

EW, of course Asda will want to get on with it, but why shouldn't SEO go in really high and if needs be string it out. If, at worst case scenario, the Asda deal didn't come off (and I think it will) there will always be someone else waiting in the wings for this technology.

I've just got back from Kenya, and boy, do those guys know how to strike a deal.

would agree that 12.5 would be a logical support price, am hoping for 12.5 to get back in...

Not a good day by any stretch of one's febrile imagination - Blue tomorrow or red red red?

blue blue blue!

Good Stuff!

Going just by the graph alone it should be blue tomorrow, am I right in saying that the placing is now out of the way.

Guys,

A friend of mine's broker told him that 12p. was the expected suuport level yesterday and he will only go in at that price now. Also after my re-entry yesterday [aaaaaargh!], I asked another mate to research the graphs for me. He does a lot of (successful) spread betting. The result - he tried to place a spread bet (going up) at 10.30 this morning only to be told that they have "closed the book [ie. no more bets being taken on.....] Stanelco until further notice.....". Having procrastinated all afternoon, I'm now hoping the implications are right here. What do you all think?????

Kus.

evening all. down 7%. was fairly expected after recent rise and then placing. but not really much to panic about. come on people , two weeks ago we were hop , skipping and jumping when the price got above 10p. hyleo and driver have got it right , i think, a good time to accumulate.

Being a gambling man, if they've closed the book on short positions then surely that means it's a certainty. The bookies don't want to lose money.


But then again it could also mean you're full of shit, with a huge short position yourself. Guess we'll find out tomorrow.

LOL

Paulo,

I doubt whether one individual's passing comments could significantly affect the outcome here when literally millions of are going through each week, do you? Perhaps I should clarify above? - My mate wanted to place a spread bet on SEO going up at 150 per point. This was refused. If you are, as you say, a gambling man yourself, then why don't you see what your firm will accept from you? Assuming you think it will move up (or down) yourself?

FYI I am no shorter. I bought after the recent drop (on advice) but if I'd had waited till first thing this morning then I would have got it a LOT cheaper but by mid-day it had recovered slightly. So who knows? Personally I've no idea what will happen tomorrow or the rest of the week but I'm in this one for the medium to long term because I think the rewards FAR outweight the downside over the same period.

I thing your closing paragraph above is a bit OOO, I have to say.

OOO = "Out of Order!"

Turnover 320K, loss 265K

Sure is a sentiment driven stock.

No position here but fascinated to see if deals come to reality and sp goes up.

OOO? Was that one of James Bonds's predecessors?

My apologies. I didn't see the (going up) bit.

I'm also in for the long term, but still trying to make a bit around the edges.

PS. I like a flutter on the horses, and don't consider SEO to be a gamble.

I didn't no that my graph comment would get so much response
I say again, am I right in saying that the placing is now out of the way.

Yes, but there's still the possibility that some holders might sell off tomorrow to make a quick buck given they got them at 12.85p. It's a wait and see morning for me tomorrow.