bosley
- 20 Feb 2004 09:34
insiderinside
- 19 Dec 2005 03:16
- 13830 of 27111
IMO some people are ill informed or making wrong conclusions let me help in the pre close update SEO could have given figures for revenue and loss they are allowed and can say in the region of but they chose to give no figures at all so it means its worse than people think bigger losses total bullsh*t for people to say they cannot give any figures - LOL
people wrongly think Greenseal is going well read the RNS again it says potential orders for 80 not confirmed potential does this mean that as we speak today SEO have just the 2 announced confirmed orders those other 3 were options potentials so is it today just 2 orders and 80 potential ones that may not happen
the recent grant is only 750K of the 3M so SEO are coughing up 2.25M and the grant is 750K so their 7M now is 4.75M with a court case coming where people think the total cost to SEO will be 5M and people say no cash call coming of course there will be sooner rather than later as they will want to do it at the highest price
IMO they will try to hype the price up before results lots of jam tomorrow then pull of a big dilution to raise money before final results and the court case - slam the price down
unless you are prepared to hold at a loss for a long time should people consider exiting their SE0 position to get back in when court case finishes results are out and forgotten and fund raising is complete ? later in 2006 think carefully and do not bitch after things happen
i have called Greenseal correct so far forget the ramping rags and brokers and ramping posters Greenseal was only ever IMO a tool to raise money to buy another business out of the RF field and now its ugly face is showing
IMO perhaps someone set up a ramping team? led by chief ramper whose purpose was to trick the tip rags and PIs into buying buckets of SE0 to ramp the price up to pull of a series of fund raisings to buy another business and what your left with now is the period where the ramp is shown to be ramp and the money raised spends a year to two getting the other business purchased to becoming profit making the price falls back and the people who set up the sting hope you all do not make the connection between the events that led to some hefty high price fund raising and the ramping that took the price up to allow those fund raisings to be pulled off a scam? well lots of BB punters know all about scams now
in 18 months from Perseco it will be a buy but now its a sell for me IMO a strong sell for me and some will make money on a short but that is just IMO -
All IMO DYOR !!!
fliper
- 19 Dec 2005 08:41
- 13831 of 27111
Price is going down. Will have to wait till feb for results.
shamona
- 19 Dec 2005 11:28
- 13832 of 27111
http://www.fool.co.uk/news/comment/2005/c051219b.htm?source=eooyhoit14050001
Stanelco Still Has More To Do
So why am I not wholly convinced?
It's partly the history of the company. This company has been operating for more than 50 years yet it hasn't had much success. Two years ago, it was convinced that its fortunes had changed thanks to a new technology for encasing pills. But then the company got mired in litigation with Bioprogress (LSE: BPRG) on patents.
Over the last two years, Stanelco has announced a flood of new initiatives which all appear to have great potential. But I can't help wondering whether the company should have concentrated on progressing Greenseal instead of all these new ideas.
shamona
- 19 Dec 2005 11:29
- 13833 of 27111
Switch to Bioprogress for a quick gain, buy back here next year.
Treblewide
- 19 Dec 2005 12:06
- 13834 of 27111
" manipiulated graphic" how can you manipulate a chart? sub 10p by the end of Jan by the looks of it
Fred1new
- 19 Dec 2005 13:46
- 13835 of 27111
Treble wide. what price are you hoping to buy SEO at?
blinger
- 19 Dec 2005 15:23
- 13836 of 27111
10p soon
lol.
nkirkup
- 19 Dec 2005 16:26
- 13837 of 27111
When BPRG news out will be 8p
Treblewide
- 19 Dec 2005 16:26
- 13838 of 27111
fred i aint hoping to buy SEO...i will close my short out somewhere below 10pence
Fred1new
- 19 Dec 2005 17:15
- 13839 of 27111
TW I will believe it, if or when, I see it.
Mega Bucks
- 19 Dec 2005 17:33
- 13840 of 27111
Treb,as you are short,you would have to buy it back to close out surely !!!! so you would be buying SEO :-)
Treblewide
- 19 Dec 2005 18:31
- 13841 of 27111
Mega i mere technicality old bean :-)
explosive
- 19 Dec 2005 19:12
- 13842 of 27111
Expecting a Xmas fall so Stop Loss set at 14.1....
blinger
- 19 Dec 2005 19:43
- 13843 of 27111
<14pbid tomorrow
bosley
- 19 Dec 2005 21:14
- 13844 of 27111
treblewide, sp has found good support at 12p/13p the last couple of times it dropped. why do you think it will drop lower to sub 10p this time?
( just so there is no misunderstanding, i'm not saying i disagree with you, i'm just interested in peoples' reasoning.)
Treblewide
- 19 Dec 2005 22:11
- 13845 of 27111
Bosley.....yes it has bounced at that level a few times however the downtrend is very much intact which has governed the chart since March. and if support at 13 breaks then it will move below 10p very quickly.....a downtrend by its very nature (which no one can argue about here) means the share price keeps getting lower...........
simple trading technique is to buy pullbacks on a rising share and sell rallies on a falling share......SEO is falling as even the most blinkered people on here must admit
explosive
- 19 Dec 2005 22:21
- 13846 of 27111
I agree I think the sp will fall but yet again I can't see it going <10p. I think 11 to 12 is more realistic as the sp has shown support here before. My stop loss is a simple safe guard to protect profit already made. I will rebuy into SEO at a lower price if my stop loss is triggered. I agree with Shamonas earlier post regarding Greenseal and SEO recovering later in the year. Lets see what happens with Asdas exclusive year deal which if I am correct has around another 3 months to run.
bosley
- 19 Dec 2005 23:24
- 13847 of 27111
treblewide, thanks for the reply.
explosive, asda deal has another 7/8 months to go yet.
insiderinside
- 20 Dec 2005 08:56
- 13848 of 27111
http://www.fool.co.uk/news/comment/2005/c051219b.htm
a writer with some sense - well done TMF - it shows some do not just get ramped in with the others -
Stanelco Still Has More To Do
By Ed Bowsher (TMFArkle)
December 19, 2005
Stanelco (LSE: SEO) has a huge following on share discussion boards, and it's easy to see why. The company has several eye-catching packaging technologies and a partnership with Asda too.
The problem is that Stanelco is valued at 137m (14.65p share price), yet it only generated revenue of 1.33m in 2004. Stanelco needs some decent growth to justify the current price, and I'm not wholly convinced it will deliver.
Stanelco's best-known technology is Greenseal, which is used for packaging meat and other foods. Normally when you buy some lamb chops in a cling-film container, the plastic wrapping has been sealed in place by heat. Greenseal, by contrast, uses radio frequency (RF). In other words, high frequency radio energy generates lots of molecular agitation so that two materials can weld together.
Stanelco claims that RF sealing is 20% cheaper than using heat and there are fewer leaks. What's more, RF-sealed plastic trays can be recycled, unlike heat-sealed trays.
The company's big deal with Asda was announced in March. Asda said then that it expected its suppliers would convert several hundred machines to RF.
House broker Evolution has estimated that Stanelco could receive an annual licence fee of 25- 30,000 for each machine. Apparently, there are around 50,000 sealing machines in Europe and North America.
If Stanelco persuaded supermarkets and food manufacturers to convert 5,000 of those machines to RF sealing, Stanelco would receive annual revenue of something like 125m a year, perhaps more. Not bad for a company with a 137m market cap.
On top of that, Stanelco is developing several other products and technologies. These include starch-based materials such as a biodegradable cork for a wine bottle.
The company also announced a partnership last week with a US packaging company, Perseco, which has McDonalds (NYSE: MCD) on its customer list.
So why am I not wholly convinced?
It's partly the history of the company. This company has been operating for more than 50 years yet it hasn't had much success. Two years ago, it was convinced that its fortunes had changed thanks to a new technology for encasing pills. But then the company got mired in litigation with Bioprogress (LSE: BPRG) on patents.
Over the last two years, Stanelco has announced a flood of new initiatives which all appear to have great potential. But I can't help wondering whether the company should have concentrated on progressing Greenseal instead of all these new ideas.
After all, the Asda deal has progressed, but not as fast as some had hoped. Even Evolution has cut its forecasts and now expects sales of only 18.2m in 2006.
What's more, Ian Balchin, Stanelco's vice chairman and former CEO, doesn't appear to have been wholly convinced by all the good news. He sold a shed load of shares in the summer of 2004.
Last month, another senior executive exercised his options to buy around 1.1m shares at just under 2p, and then promptly sold half at 14p. If he had real confidence in the business, why didn't he keep more shares?
There have also been lots of boardroom changes, which don't inspire confidence.
Don't get me wrong, I'm not saying that Stanelco will definitely fail. It may be a great success in the end. But I'm not tempted to buy now.
insiderinside
- 20 Dec 2005 08:57
- 13849 of 27111
yes - very true !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What's more, Ian Balchin, Stanelco's vice chairman and former CEO, doesn't appear to have been wholly convinced by all the good news. He sold a shed load of shares in the summer of 2004.
Last month, another senior executive exercised his options to buy around 1.1m shares at just under 2p, and then promptly sold half at 14p. If he had real confidence in the business, why didn't he keep more shares?
There have also been lots of boardroom changes, which don't inspire confidence.