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

If that's true ssanebs (and I have no reason to doubt you) and it all sounds fairly reasonable, then I am a little more assured, but like everyone else, I dearly want to see proof of the promises.
I just wonder what our reaction today would have been to the report had we not ramped ourselves into a frenzy by speculating what goodies would be in it.
I have just tried an interesting experiment via Drivers research page (God bless him).
I read the research page as fully as i could without nodding off, then read the results statement.
Once we take out the hyperbole we have all added then it suddenly makes a very promising read. Yeah, sure, the conversion rate is still totally crap, and the numbers are still missing. Nothing will change that, but it did me good to read the story once again, without the what ifs and maybes we have all contributed.
Back to feeling quietly confident on this.
No offence meant to anyone here about the hyperbole. I am as guilty as anyone and a BB is designed for passing ideas and discussing possibilities. All I am saying is that a dose of reality now and again is a good thing!
Try it and see if you view the results a little differently.
Alan

Well done, ssanebs; the first informed quote! The scenario rings true. The logical answer had appeared to be that they would have to extend the ASDA period of exclusivity. If the news had been really bad from ASDA then you would hardly expect Wal-Mart to be doing business even if initially for a different product.

The important question then is whither th sp from here? Puzzled as to why the release was so negative when they could ahve painted a much more positive picture it would seem. It has cost some of us a deal of dosh - increasing the stake on the WM arrangement and then having to close a CFD today. Probably should have learnt the lesson that the SEO chart is too unpredictable. Where does it go tomorrow? Suspect heavy two way trading based on a mixed press.

zscrooge: thanks for your notes. I see that you are down on everyone except the small investor (even two foot long investors like Alan). I sometimes think we have a huge advantage; the market has a dreadful herd instinct. You mention a sell recommendation on ASC at 42p: I bought back in at 43p! Have had a really good run recently on AZM and ASC, both recovering because oversold when prospects are excellent. My other major holding is DGT which Shares refused to comment on because the share cap. was too low - bit its this early stage when a winning can be made.

Back to the question: 'whither sp from here?' I think the Evo comment is important as the Merrill Lynch one is. The fact that the latter is reporting is positive in itself. We are still awaiting the break-out from the 14p to 16p trading range. I reduced because I couldn't afford it to be down, but still suspect it will be up. What should the cap. be? Haven't a clue a lot less than it is or a lot more. You pays your money ... or you don't.

My other comment is a thankyou to Jim Ward for your relevant comments re the industry. Would like to hear too from AndySmith. Too many of the comments today have under-estimated the issue around new and innovative process plant. But I do share the concern at the failure of SEO to give objective statements about the situation.

Eric

ssanebs

I don't doubt that you actually spoke to someone, but did you get their name and title?

If what you were told is accurate then my rising doubts about how efficient SEO are in handling the dissemination of important information is confirmed, yes confirmed. Because it raises the question as to why what you were told was not put into the RNS today in as clear a manner as it was told to you.

The reaction of those who have commented on what you were told is proof of this.

Don't these people ever consider whether what they draft is clear to all and sundry. After reading the full text of today's RNS, I began to form the opinion that they were purposely trying to be vague and muddy the waters so that they can always use whatever interpretation of what they said to suit the circumstances in case of queries.

However, if what they told you is the real deal, then I must admit I am somewhat reassured.

The oily one

yes i did get a name, but i did not say that i would post their comments on a bb,quoting them. The last time i quoted the chairman of earthport he never spoke to me again,as EWRobson may remember.....or maybe he does not want to remember. I hold over a million shares in seo so have a real intrest and therefore would not post rubbish, i only post when i have heard facts. Yes, good question why was it not in the rns that there was a hiccup, or maybe they thought its resolved now why bring it up. i bought at 5p and could have sold at 30p, i have no doubt they will be 30p in 6 months.

ssanebs - Thankyou for your post above. Do you know what kind of problem required resolution thus causing the delay?

"80 to 100 by july and the exclusivity period will probably have to be extended for a few months until the full 200 are installed."

I am surprised by this statement. Either the exclusivity period will be extended or it won't. If it will then for how long? I can only gaugage by your post that who ever you've spoken to isn't of a senior position as this information would be known.

Finally I mean you no disrespect whats so ever by challenging your post and hope that none is taken. I too hold a significant value of shares and mearly wish to obtain as much truthful information as possible along with others on this BB.

ssanebs

How did you manage that?, I'm still waiting for my call from 'a director'! Maybe I will get one in the morning, if not I will write to SEO. I would normally email but my ISP cannot send them at the moment, they say that my computer OS has become too advanced for their system. Ha! a bit like SEO's Greenseal machines eh!

Thanks for the info, I hope that we will have quick clarification via an RNS regarding all concerns, I think SEO need a bit more pressure put on them!
kim

Well,

Thats one for II, bless him. He said GS was dead in the water a while back!

Ssanebs,

You saved me another read of the RNSs re: ASDA from March 2005 to date.

Hi,

www.lemminginvestor.com have just published a 5pp update on Stanelco`s prelims.

Stanelco, (SEO) Today's report full of technical progress during '05, and
marketing promise in several seminal markets for '06, could have driven the shares
sharply higher. However the unexplained delays to the acceptance of GreenSeal
technology on commercial test, the poor accounting figures, and the further
postponement of a long anticipated order build up for the first 200 machines, led
instead to widespread disappointment, and, progress notwithstanding , to an 8% fall.

A whole day of posts summed up in 6 lines!!!

kim

LOL Kim

Ssanebs - great post, sounds good.

Apologies to all for my disgruntled barrage this morning over Greenseal.
Got the better of me ;-)

Shows passion for the investing game Bugz!
kim

Whats a lovely woman like you posting so late Kim?.


Cheers GF.

Come on dont be shy,Im not going to bite.

cheers GF.

It's cos I aint no lady goldfinger! Real name is Steve, the kim thing started years ago as a joke/memorial to our dog, a border/Australian terrier cross who was an amazing character! Sort of became difficult to get out of using the kim name so stuck with it. I like the confusion it causes sometimes but that's as far as it goes!!!
kim/Steve

Always check the profile .

Aghhh..................... nothing personal and good luck.


cheers GF.

:0)
Sorry for the confusion!
Steve/kim

Kim is also a mans name so is Shirley up north, Big Dadys real name and not forgetting Marion, John Waynes christian name.

'Sright! I know of a local male vicar whose name is Beryl.

Reckoned ssanebs post rings true so topped up this morning. I do share the level of anger with SEO's reporting. I know these are results to October 2005 but there is plenty of comment on technical and marketing activity. So why not a comment on the ASDA situation. The likelihood that the exclusivitiy period is extended is not a major problem if they do deliver the 200. However, I have come off the fence and now beleive the break-out will be up, probably on the next encouraging news. Awaiting the Evo analysis with interest. They haven't got their forecasts right but they have been pretty sound on product information and potential volumes.

Had forgotten about Earthport, conveniently. Now, there's a load of charlatans for you. The SEO guys are straight but don't sech to understand the need for precision in their commentary. Whilst II was right to be sceptical about the shcedule for ASDA he had his own agenda which involved forcing the sp down. To me, GreenSeal remains the key product because of the revenue and bottom line flow - the resolution of the problems with first customers supports an sp at 15p (equivalent to annual volume of 600 machines) so sp can move ahead to reflect other opportunities.

Eric