bosley
- 20 Feb 2004 09:34
greekman
- 27 Feb 2006 09:04
- 15170 of 27111
Ssanebs,
Thanks re the confirmation of the result date.
Oilywag
- 27 Feb 2006 09:05
- 15171 of 27111
ssanebs
Did they say whether they would be released at 7.00am of at 2.30pm?
The oily one
Bugz
- 27 Feb 2006 10:10
- 15172 of 27111
Oily,
I shall rephrase - I have been led to believe from an acquaintance that the 2.1M expected loss will be just that. As I'm sure you'll understand, that is an opinion of his and that no price sensitive information would leak from this trustworthy board that are in place at SEO. Of course, this could be complete crap and they lost 10 million!!!!! Nothing is ever sure until its announced.
As others have mentioned the share might slowly tick upwards over the next few weeks, but it seems that the city is going to be looking for actual cash entering the books-many feel it is only when orders are confirmed that we'll be out of the teens.
the manageress
- 27 Feb 2006 11:13
- 15173 of 27111
Where do we find info on what EK is upto.Does he have a website.
I'm a longtime holder of SEO.
driver
- 27 Feb 2006 12:17
- 15174 of 27111
manageress
Apparently you have to subscribe to this site to find out what the evil one is doing.
https://t1ps.com/default.asp
EWRobson
- 27 Feb 2006 12:30
- 15175 of 27111
Manageress: driver has given the reference. Costs 70 to 80 to subscribe. Editor is Tom Winnifrith who does his research well. You have probably come across Zak Mir who is a respected chartist. Tom chats to EK twice a week and the piece is quite entertaining. Helpful to know what Evil is up to as he gets a lot right but some wrong; loves to short but probably means at least as much when he goes long as with SEO on Friday.
Evolution forecast loss of 1.9m last month so 2.1m will be in line with market expectations. I saw the Wal-Mart annopuncement as both negative and positive: negative in the sense that one had hoped that they would be further along the line rather than just work being undertaken with an environmentally friendly group; positive in the sense that WM must be reading the ASDA work positively so that the longer term implications are very positive. I suspect that this stock needs to be played long and it seems that that is what EK is doing.
Eric
Bugz
- 27 Feb 2006 13:32
- 15176 of 27111
Eric, I think you're bang on it-thats why we're not moving out the 20s - movement on getting big boys like WM to put in firm orders is taking ages-much longer than pretty much everyone expected. Hence the sp has taken a pasting over the last four or five months.
Presuming the above however, I'm finding it hard to have a clear opinion of how the market will react to it. I was going to add to my long position first thing this morning, however i didnt as I'm simply stuck on the fence!!
Taking the announced loss within market expectiations as Evo forcasted, what are others thinking? Up or down post results? My gut says up, but I'm worried that the market are going to take it all with a pinch of salt if no figures of future contracts are mentioned.
stockdog
- 27 Feb 2006 13:52
- 15177 of 27111
Anyone know who's been buying / selling since the 28p peak - or even who currently hold sin any size? Don't recall (m)any RNS about institutions coming in, or for that matter reducing. So I assume those that were in have all sat tight. First big move north will likely come when one or more institutions decide to move in for the next phase.
Come to that, director's shareholding seem pretty meagre. Barrie Hozier has a large chunk and Ian Balchin 250k's worth - but what about all the others? Are they all catered for by the share scheme. There has been no new bui=ying anyway to my knowledge for over a year.
sd
greekman
- 27 Feb 2006 13:55
- 15178 of 27111
Bugz,
I think you have hit the nail on the head re your comment' stuck on the fence'.
I think that's where most punters are. It has to be a case of wait and see.
EWRobson
- 27 Feb 2006 14:31
- 15179 of 27111
We seem to have a concensus! All sitting on the fence - warbling our various songs, some more tuneful than others. Vultures hovering around but sfety in numbers. The fundamentals as I see them: (i) the cap is around 150m looking ahead to a Greenseal volume of around 500 plus contribution from Starpol, etc.; (ii) unlikely that this volume is in the bag so there will be caution until sales are achieved - this may need the ASDA contract completion and orders from competitors; (iii) The WM liaison is positive but can't be banked in the sp. I suspect that there is little reason to sell and too risky to short, particularly with EK going long. It also implies that there is no urgency to buy. All based on a neutral statement tomorrow, i.e. no surprises in the numbers, ASDA progress OK, no significant new orders. Best to be in but not overweight. Nice to see the sp is firm.
Eric
aldwickk
- 27 Feb 2006 14:37
- 15180 of 27111
Manageress,
If you want to phone him, Simon [ E K ] this is his number 020 7835 0868.
jameshunt1985
- 27 Feb 2006 14:58
- 15181 of 27111
I think it was you Alan, who said that traditionally the price always fell initially after the results were issued. Being inexperienced and wanting to maximise any meagre profit I could make, Does anyone think it would be wise to sell on a high today and reinvest at a lowish point tomorrow, its risky I know, but if traditionally it always falls on results day, is that a big risk to take?
Any ideas?
Hunty
Biscuit
- 27 Feb 2006 15:06
- 15182 of 27111
Why pay your broker twice? If you've done your homework and are a true investor, buy and hold, that's the real way to maximise your profits. If not speculate as much as you like but it will be your broker who's maximising his profit.
hewittalan6
- 27 Feb 2006 15:07
- 15183 of 27111
Never said traditional, Hunty. It just seems to happen an awful lot to most shares. I've never researched it but it seems to me that poor results or results at about expectation cause a small fall, and results better than expected cause a rise.
Most results are pretty well known in advance these days so most seem to be exactly what analysts have been forecasting.
Its a huge gamble to take and one I would counsel against, as the dealing costs and spread make it more necessary to have wild swings.
I also think alot of research has shown that on average, trying to time the market is a bad idea.
I goof around with my investments and often try to put a stop loss in place around 5% lower than closing price the night before results, to protect myself from very bad results, and allow me to buy back in, increasing my stock for the same money, but like all strategies, sometimes it works and sometimes it doesn't.
Much cleverer people than I get burnt trying that sort of thing, and for tomorrow, I am going to sit on my thumbs and wait for the dust to settle to make any kind of decision.
Up to you.
Alan
jameshunt1985
- 27 Feb 2006 15:07
- 15184 of 27111
yeh good point cheers for that, theres always that darn comission to account for!!
EWRobson
- 27 Feb 2006 15:40
- 15185 of 27111
Hunty. I think the argument applies primarily to share that has been on an up-trend prior to results. The results then tend to bring about profit-taking even if they are up to best expectations. In that case, not a bad approach to sell in advance and possibly buy back in. In this case, there is unlikely to be much hot money in the shares. The discussion above suggests that there are unlikely to be surprises which would appear to imply steady as she goes share price. The contra argument arises from the chart which is really looking for a break-out, either N or S. Which way? - you pays your money and takes your choice. I find it a difficult call to make, thus the rather painful, and unusual, fence-sitting exercise!
Eric
Fred1new
- 27 Feb 2006 17:02
- 15187 of 27111
The trouble with stop losses, especially when placed to close to the overnight price, is that the MMs can boost their trades by dropping the price on the results publication, triggering the stop loss and then raise the price after a short period of time before the market has evaluated the information.
I have been trying to work on stop losses and am finding it a lot more complicated to get them correct than I originally thought.
EWRobson
- 27 Feb 2006 17:16
- 15188 of 27111
Fred: an interesting observation. I have never done a stop loss, basically because you come across so many cases where someone has been shaken out: quite likely by deliberate MM action as you postulate. When I did enquire, in the CFD context, you could pay a double fee to have a 'guaranteed stop loss'. Given that a stop-loss does not otherwise protect you from a drastic fall its probably worth taking that course of action if any at all.
Eric
PapalPower
- 27 Feb 2006 17:17
- 15189 of 27111
If you take this earlier announcement on FDA approval and full commercial trials already happening, and then the recent Walmart announcement one saying certain excercises are being "fast tracked", very soon there could be some very good news which could have a big impact on H2 of the current financial year.
Posted on: Friday, 17 February 2006, 00:00 CST
Full U.S. FDA Approval Granted for Starpol 2000 Biodegradable Packaging Material
Stanelco (LSE:SEO), the RF (radio frequency) applications group, is pleased to announce full food contact approval has now been granted in the United States by the U.S. Food and Drug Administration (FDA) for all food categories for its Starpol 2000 biodegradeable packaging material.
This follows Stanelco's earlier announcement on October 12, 2005, regarding the food contact approval of its Starpol 2000 biodegradable packaging material, following extensive analysis and testing carried out by PIRA International (Packaging International Research Association).
Full commercial trials are now underway in the U.S. and further details of these will be announced in due course.
Howard White, Managing Director of Stanelco, commented: "This is a major step forward in taking our products and technology into the U.S. marketplace. We are excited about the prospects for Starpol 2000 as a global standard in packaging materials. We will update the market as our commercial trials take place."