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

blinger

You are wrong about expecting a qualified Auditors Report because of outstanding litigation.

Look at Note 27 Contingent Liabilities (page 42) of SEO's Annual Report and Financial Statements for the year ended 31 October 2004. This refers to the Chief Executive's Statement dated 28 February 2005 where (page 7) the court case situation was summarised.

Having digested that look at the Independent Auditors' Report dated 28 February 2005 (pages 19 & 21). No 'coda' as you expect. No qualification. No mention ! A clean report.

This situation has not altered to this day (although this may change in the coming hours). The Apeal is still before the Courts. There is no reason an Auditors Report would be any different this time round.

If you are not an investor in SEO (if so what are you doing here?) you may not have a copy of the Accounts. If so, you can find links to them via PM1's excellent Stanelco Research website. Want a link to this?

I hope your post arises from lack of basic knowledge/research rather than a desire to scaremonger and deramp. In your post you tell everyone to DYOR - but do you?

Tony,

I read your reference to post 14280 on the FYB site and you'd never guess, but I predicted with absolute accuracy who the culprit was!

I also noticed that a person with a similar attitude is conspicuous by his absence of late!

Never a dull moment with SEO, things always seems to take a wee bit longer than one anticipates, but as they say, "All good things..." etc...

Oh dear seems that tomy isn`t relaxed about SEO any more then?
Its all supposition dearie, and you walked straight into your own little trap full of love of the share i.e. "This situation has not altered to this day (although this may change in the coming hours)", indeed it might change, that is the whole point, and the accounts aren`t out yet, see the problem?
As to the rest of your pompose patronising post ( no change on that one), I have read the last accounts, they certainly were NOT gleened from a ramping web site published by a loonie (banned from all bb`s with sense)who said the share price would be 50, what a silly boy?
I am at the moment short SEO, oh and your use of the non-word "deramp" reveals the paucity of your knowlege of sophisticated investment, as to " scaremongering", read the post again with open eyes, a settlement would help BOTH companies.
Relax Tony, relax.

The most interesting part of the SEO/BPRG ( to me anyway) is the mood swings between the two shares exhibited by punters, an opportunity which one could almost classify as an "arbitrage" situation between the two.
As BPRG gains cudos SEO often falls and vice versa, nipping in and out short or long, on both at once is good fun, the court case rumours only help this.
Hence at the moment I am long BPRG short SEO, it may well change as the court case unfolds.
Hey but what do I know, reasearch must be left to the " in crowd".

lol!!!!

Anyone know what's going on? Almost 3m shares traded today. mostly buys. & the sp is marked down!

Johnny the Fox,

All I can think of is that there are a lot of shares available, hence the sp staying on a low to last closing price. The buy/sell orders are almost level so that does not help much to see which way this is heading. There were several automatic buy's @ 14p then a slow down, so the buyers are out there but not it appears fancying at 14.25p.
L2 is looking like it will head a bit further down, but last time it looked similar it went up. So that's about as helpfull and as clear as mud.

Cheers for that. A lot of buys today. Some folks seem very confident. We shall see. Perhaps some news re cc is due?

johnny fox
As you say a lot of buyers today 3.5m buys and on such a bleak day for stocks cant be bad.

driver, hi.
Agree, trade seems a bit too brisk considering there has been no news. Perhaps there will be something later. Am hoping common sense prevails or the whole cc could roll on & on for years. Of no benefit to either party.

3.9m buys v 675ksells hmm!

The MM's are not that interested at the moment, the only one on the Bid is EVO. There are none on the ask. Appears everyone is awaiting news.

If you go back 5 weeks or so you will see that there was a ` spike` in the price up to 17.5p, many people saw that as a shorting opportunity, and T+25 approx. from that period ends today.Most of the vol. is in my opinion short closing, indeed they are buys, but the mm`s and SET`s guys know what they really are.
It`s on the way down.

blinger

'It`s on the way down.'

Bought @5p for the long term my friend. Not bothered about price fluctuations.

('If you are not prepared to hold for ten years don't consider holding for ten minutes'...Warren Buffet)

Now who's investment nous am I going to take notice of ? A difficult choice that one!

well done Johnny, excellent profit, pity you didn`t take it at 28p though, its never going that high again.
Warren Buffet hasn`t have held Marconi then, or British Energy or dozens of others which have crashed?, he is a dinosaur, it will take another generation, or at least 20 years before the heady days of his `team` will be re-incarnated, people have to forget the bad times, youth is a great forgetter.
Good luck anyway, but a 600+% profit would do me.

Blinger

Hi. Sorry to disappoint but sold half my seo holding (350k) @28.

The other half owes me nothing. Can sit tight for a while.

Good luck.

BOS,

Like the T25 scenario, wiating for you T30, T35, etc, etc...

I'm sure you'll come up with a P45 at some point!

Looks as though half the punters in the uk have shorted seo!!!!!! FDL

we are going to go up .

It would appear that todays 5.5mill buys are shorters closing their positions. Good job I can appreciate a laugh now & again.

Good luck to all.

A trolley load of bys just went through at 14.25 - something is a stirring ?

ah -I thought you were too foxy to miss 600+% Johny boy, excellent

regards.