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

I keep getting tips to invest in this stock but for the life of me can't see why it is so hotly tipped and attracts so much attention. Is this company on the verge of turning enormous losses into a profit? If so, it doesn't look that way from anything that I have read. Before I get called a p***k, I am not an expert and only asking!

lukeman,
The losses are not that big and the potential upside is truely huge!!!
Names like Walmart, McDonalds and Pepsi are linked to this company as potential customers. Wal mart are already in discussion, so yes, the company may be on the verge of profit.
As always, its a risk and DYOR, but a good place to start is Drivers research page (link in the header).
Alan

The trick is to get in early, higher risk but higher reward. With just 500 this gets you a lot of shares at the moment, you can add later if good progress is made.

Tech
Gets you even more PCM 384615 to be precise.

a colleague of mine sold 650,000 today which he bought ahead of the results, which has caused the slight drop. CEO back this week from the US so should bring news of the wal mart deal and further discussions with macdonalds.

did he make a profit ? are you still in ssanebs

Hi all,

I agree with all who say the website is important, so much so that I contacted SEO about it around October I think and offered to update the site for free. I was told thanks but they had two people working on it....

It would take someone just a few hours to tidy up the dead links, wrong info etc and that was what I offered to do.

I agree they do not have to spend tens of thousands as they are not an E-Commerce site but with all the PR they have had with a link back to SEO you would just think that all the information should be easily accessible and at least look semi professional. You have to make your website work for you.

hewittalan6, had a look at your website, it is not crap! it looks professional and does the job, the only thing I would say is that using Flash does have it's limitations when it comes to promoting the site via Search Engines.

Anyways, I am still confident in SEO but just get frustrated from time to time. I still topped up last week though :)

D@Z

Agree with DaZSEO and more important Bosley, think he sums the situation up perfectly, and it is a poor reflection on the company and is easy and quick to sort out, but bit like the converting the low hanging fruit that we talk about , both are easy but there seems to be a problem converting.

Here's hoping for a better day tomorrow, I followed the trades on global topic today and there seemed to be as many buyers as sellers, however may see more selling over the next few days, as financial year is coming to a close and people maybe trying to realise losses, hopefully buying back after the 6th

Biscuit I disagree, if they are going to have a website then they should get it right, working, polished and professional looking. Anything else just gives the impression of shabbiness, couldn't care less, it doesn't really matter attitude so how would a potential new customer view their products? It's all about marketing and projecting the right image. If they aint got the time then the should get someone hired PDQ, they are a 100m+ business (for now anyway), they should get it done.

on another subject does anyone know how much corn is req. to make 1t of Starpol and if SEO are going the way of 20t quantities who does the corn sourcing? Or is it all done in some other way with the Starpol manufacturer taking the finished raw materials from another company that does the "corn conversion"? For the quantities of Starpol potentially talked about in future is corn a potential bottleneck?

The USA alone produse a surplus to demand of approx 1 to 2 billion bushells of corn per annum. The raw material is'nt a problem. In fact using it instead of dumping it on the world market can only be a good thing.

no he did not make a profit but could not afford to hold, but i am still in. I am holding my breath for the US update, news on the carclo jv, and further asda/starpol trials, the problems with tooling on the greenseal have now been resolved and both machines will be fully commercialised. SEO are concentrating fully on the US at the moment as it will be significant to gain wal mart and macdonalds as first customers, and as we know from the rns that trials are underway.

Did anyone else see a news item the other day about poisons in plastic bottles leaching from the pla into the bottled water?
Wonder if this issue is reduced or eradicated by using starpol.
Might be another bonus to using it, or pla may suddenly be a packaging anti-christ. Starpol is pla based and that would be an instant death for the product, if a poison free alternative is available.
probably the usual scare mongering nonsense but we live in an era where consumers are very easily scared.
Alan

nice to see the big sell yesterday mopped up by a buyer.

Alan,

Yes, I also saw an article re this about 6 weeks ago. I think if my memory serves me right it was relating to liquids such as bleach and similar. No doubt there are many such examples. I don't think it is scare mongering as it's not the first time I recall such info. As to wether Starpol would prove positive or negative re this I have no idea. Perhaps someone out there has some further info.
Dave.

Does anybody have any views on SEO's current cash situation? Blinger (now on FYB as Stainco) is making claims that they are short of cash and about to make a cash-call.

Based on nothing, as far as I can tell - as per normal for his posts. I seem to remember a while back Howard White saying they has enough cash for 18 months even if no further income was received.

ssanebs,

Are you 100% certain that the tooling issue has been resolved?

garyble
Looks like the tooling issue has been resolved I saw this leaving the factory.

sd: agree that it is a somewhat nervous time with the sp testing the support level of 14p. I have reduced my exposure as a defensive measure, although I doubt that the level will be decisively breached. I have noted that ssanebs seems to call it right. If the tooling issue has gone from 95% to 100%, then that is important because we can then pick up delivery speed. I noted the IC comment re 50 installations this year: at one time the sp needed the 200 but I think confirmation of 50 is OK with the balance in first half of next financial year. The approach to concentrate on the US whilst fulfilling the ASDA commitment makes sense even if that involves extending the period of exclusivity. So we need the ASDA news to hold the sp; we can then move forward with good news on Starpol related contracts in the US with these 20m ton licensing deals at the forefront.

However, oblomov, I am concerned with the cash situation. A cash balance of 3.4m at end-October was insufficient then, must be down to around 2m now. Its not a major problem if they do need to raise more cash even on the market. 15m is only 10% of cap and will provide a support level, say at 13p (the last funding level). To me the major problem is that the cash shortage is holding back development. They need to put more support into GreenSeal; clearly the US thrust is going to be costly; whilst the website is indicative of the lack of resources. Do they still have a small company mentality? If bought out by a dynamic and profitable concern, the division would be funded at many times the current level and the breakthrough would arrive much quicker. No, I don't want that because the potential for shareholders is huge but I am getting fed up of defensive closure of investment positions; the point that the market could lose faith is real, though the share could become undervalued and the opportunities greater. I suspect this is why the FD has gone; a good FD would have been taking the lead in building up the balance sheet and providing investment funds for expansion. Just look at the opportunities, like InGel, going begging. Come on Stanelco, get your act together and go for it in a properly funded, professional way!

Eric

At present debt is cheaper than equity issue if revenue is not far away. Looking through they appear to have extended their debt abilities to cover for short term requirements at the time of the Biotec deal. Therefore I would not see any immediate need for any cash calls. With 50 Greenseal conversions done by October, they probably do not even need to call on debt, especially if the short term is news of Starpol deals (and why the need for the microsites unless demand was strong). Thats what I think.