bosley
- 20 Feb 2004 09:34
greekman
- 24 Feb 2006 17:20
- 15106 of 27111
Jimward9,
Thanks for that.
Bugz
- 24 Feb 2006 17:43
- 15107 of 27111
Evening all.
Ok I'm confused-after being very gun-ho this morning from this release, I simply have NO idea why on earth this announcement has been released like it has. Why not just do it on monday? Why hasnt it come via the normal RNS root? Its all a bit strange. Not that I'm overly worried, but I think thats why we're trading lower than the level I was expecting this morning-was hoping for closing in the 17 region.
With regards to the ASDA trials-of course they're going well!!!! I dont think however we're going to see any movement upwards from the original 200, if that is they are on time, which is touch and go considering T&G's report from the end of last year.
This annoucement just formalises meetings and informal agreements which stretch back over a year, the rumours and mumourings of which stirred the sp into the 30p's-the details hopefully will arrive early next week. Lets all just hope that the AGM will be void of any statements like 'we will update the market in due course.......'!
For once Howard, lets have some substance!!!!
Biscuit
- 24 Feb 2006 17:56
- 15110 of 27111
Big trades at the end today.
hewittalan6
- 24 Feb 2006 17:59
- 15111 of 27111
Take your point, Bugz, and I would like to see some substance, but........
To my knowledge, WalMart were never mentioned in any official release from SEO til now. The heady days of 30p+ were based on Asda and guesswork, whispers and rumours. So the news of a definite tie up with WM is substantive.
And it is a tie up. We may not have news of a contract but WM are fast tracking SEO products in certain areas. This is not the talk of negotiations, this is the talk of a contract being in place and WM wanting certain things to happen quickly, even if other areas of the contract remain to be finalised.
If anyone is expecting results that include phrases like 50 squillion tons of Starpol per year, then i fear they will be disappointed. It is more likely to read that "an agreement" has been reached for WM to take some SEO product and it is envisaged this will be the start of much larger supplies.
After all, that is probably closer to the truth. My reading of todays release is that the two are working together to commercialise Starpol and Greenseal on WMs terms.
Having had a look at the WM website they are proud of acting as a kind of mentor to suppliers and I think this is more likely the relationship, rather than the simple contract to buy quantity we would prefer.
On Greenseal and Asda I think we will be shy of 200 conversions by the end of the exclusivity period. That is why I think the trials have been succesful enough to warrant Asda reporting to WM and WM mentoring SEO with a view to maximising the technology so that WM can use it broadly and succesfully.
After all SEO could hardly take on the whole of WM if 200 Asda conversions in a year are beyond them.
Monday will tell, but I don't expect a crackerjack statement.
Having said that I have a history of being woefully wrong.
Anyone else have thoughts and prepared to look as big a tit as me on Monday?
Alan
oblomov
- 24 Feb 2006 18:08
- 15112 of 27111
More than 3m buys after hours.
Oilywag
- 24 Feb 2006 18:12
- 15113 of 27111
Me Alan
I agree with most of what you said.
I'll be wearing a 48D cup. And what fits you?
Oilywag
hewittalan6
- 24 Feb 2006 18:30
- 15114 of 27111
This (results) season, I shall be wearing mainly pink taffeta and tutus.
Oilywag
- 24 Feb 2006 19:02
- 15115 of 27111
Alan
Methinks I'm a little bigger than you Alan - I shall be wearing a threethree!
The oily one
sellsell
- 24 Feb 2006 19:10
- 15116 of 27111
hope everyone has a relaxed weekend. good luck for mon/tues
explosive
- 24 Feb 2006 20:39
- 15117 of 27111
Nice RNS and confidence booster....
The below link sums up Wal-Marts commitment to the environment and waste. Its easy to see how SEO fits into the picture after reading and on many different levels.... Maybe next year Wal-Mart will be publishing how many barrels of natural oil Greenseal saved the company along with power savings for its partners and suppliers.
http://walmartstores.com/GlobalWMStoresWeb/navigate.do?catg=352
explosive
- 24 Feb 2006 20:41
- 15118 of 27111
Alan, looks like someone dubbed your moneyam ID
hewitalan6
hevvittalan6
Coinsidence, I don't think so!!
andysmith
- 24 Feb 2006 20:44
- 15119 of 27111
Good news today if it can be turned into orders. Just the results to come but more importantly the updates on progress which is why the sp was subdued today IMO.
Last year we all knew results would be crap yet there was an initial 20%ish drop in sp which recovered during the day. If the progress is reasonable, even if not all that was expected and there is a real chance of business with Walmart then any drop will be a buying opportunity.
explosive
- 24 Feb 2006 20:47
- 15120 of 27111
hevvittalan6 - Keep the insults coming, I've got broad shoulders!! You on the other hand shorted and lost!!! Hahahahahahahahahaha!! Get over it, move on.
garyble
- 24 Feb 2006 20:48
- 15121 of 27111
Guess who's back?????
explosive
- 24 Feb 2006 20:53
- 15122 of 27111
hevvitalan6 - No problem mate, take right hand, grap the bishop then bash away... All the help you need sucker!!
garyble
- 24 Feb 2006 21:01
- 15123 of 27111
Explosive,
I believe the news, sp movement and the probability of better than expect results has all been a bit too much for him.
Anyway, only one more hurdle and its a clear track.
garyble
- 24 Feb 2006 21:03
- 15124 of 27111
Blingquester, is that you?
explosive
- 24 Feb 2006 21:03
- 15125 of 27111
I have no doubt your bishop has shrunk to a meare pawn, you must remember a pawn is unable to move backwards just like Stanelcos sp!!