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

driver: I am glad that it was laughter that you heard from that posterior! Testing the 14p support level again. Still we have evil knievil onside; is that a good thing I ask, given that he is postulating (not posteriorating) a new market crash in 2006.

Blinger will love that!! lol....

My nickname is "Graveyard".

So should this BB's be.

Anyone with any thought provoking or merely provoking statement to make to stir us all from our petrified slumbers?

As a kick off, I do think that SEO should split the company - Starpol and Greenseal - into two separate entities for at least the next two years. Lets get some significant cash flow and profits from each so that they can be floated with a decent share price. That is, of course, dependent on this action being strategically sound in the light of market conditions, performance and capable management for both divisions existing at the time.

Another thought, if they do split, it would mean representatives from two different companies co-ordinating their activities when trying to secure contracts where both Starpol and Greenseal is required. Surely, with the passage of time, as the products become more established and the recognised solution to alternative packaging and sealing, one person would be sufficient knowledgable and capable of handling both components of the deal?

The oily one

Disagree.
The companies financial position, while not even close to being perilous, does not need the drain of a seperation and the accompanying floats and all the costs associated with that.
With both Greenseal and Starpol, SEO look to me like they have come up with the idea, perfected (?) the technology, and are looking to quietly make a rake off while others do the hard work of selling, installing, manufacturing etc.
In effect, this means that SEO are an ideas company and to create a seperate division or company for every idea could be considered a bit ludicrous.
If Starpol and Greenseal were not aimed at very similar markets, I might agree. If Starpol were packaging and Greenseal were (ie) petrochemicals, then there would be an argument in favour of creating two different research companies, but there is a danger of conflicting requirements when both products are so intimately linked, even though they are not mutually dependant.
If any of that makes sense to you, I can recommend a very good chemist. it works for me.
Alan

Oily - I was enjoying my sleep. I work on the principle, with SEO anyway, that no news is good news - I would become very depressed otherwise! I am content to retain my position in SEO as it stands, don't have a massive holding (60k) with not much incentive to increase it at the moment but I don't envisage any huge fall in the sp, there would be no reason for it now. Having said that, if I have the odd penny or two left in my pocket money I will add as I see no excuse not to! There are a few possibilities with SEO, not least a takeover bid - I think they might be vulnerable to a predator. I don't think they will split the company into Starpol and Greenseal as separate entities so long as they are able to control things as they are but perhaps they might run the R&D department as a stand alone business. If they grow as rapidly as the industry now needs they may well need another partner, maybe BPRG??!!!!!! (Not really)
kim

Morning Alan

I did say "dependent on this action being strategically sound in the light of market conditions ........ at the time"

Otherwise I agree with what you say.

Enter stage left Eric

The oily one

Shall I be really provocative and say I fancy an RNS around about a week on Monday, given that next Friday is a significant date for shareholders everywhere to value their stocks and move 'em around a bit.
Nah. It'll only stir up passions and cries of ramping.
Alan ;-)

:-) We need a bit if stirring Alan!
kim

My pennyworth (for what its worth) - I feel the talk of splitting the company is silly in the extreme.

Would you expert, for example, B & Q to split into one company selling paint brushes, another selling the paint, another selling wallpaper, etc. etc.???....

Silly idea. It aint gonna happen, because Starpol and Greenseal go hand in hand, compliment each other, and a split would be detrimental to eithers success.

Now some of their other products, Frogpack being the prime example, I could understand being split - but not until such time as it becomes profitable, at which stage it would probably be better to sell it completely.

IMO, naturally, and in an attempt to wake up a sleeping BB!!

Oh dear what a faux pas?!!

My post at the top of this page should have read " I do NOT think that SEO should split the company ...."

Anyway, it has raised the dead and provoked comment.

The oily one

Another example of genious company splitting was when BT sold BT mobile to mmo2 now look at their share price!! Nightmare... And they thought there wasn't really going to be a future in cellular mobiles... LOL

Just out of curiosity, if SEO did split how would our shares split, would it go 50-50 and would we get any dividend or share price increase. In other words is there any benefit to the shareholders in splitting?

Hunty...

Speaking of Frogpack, does anyone know what they market it as in France?

I don't think it meant split as in two separate companies, I think it was more corporate structure. What would be the point in building a ful Turnkey packaging solution and then breaking it in two????

Biscuit

Have a look at www.metabolix.com.Serious bioplastics company ,great website,wake up Stanelco.

Cannot believe people are even thinking about splitting SEO let alone talking about it. They haven't made anything yet that is providing a substantial bottom line and to even consider splitting into 2 now is farcical. I think you should all stop talking about it as how many times have you seen stupid rumours become engrained as reality. I would much rather Howard White and co. got on with their negotiations and delivery and get some orders racked up for 2000+ US Greenseal conversions with some Starpol thrown in for good measure whilst keeping their costs to a minimum. Greenseal / Starpol could well be inseparable in future, ie packing companies have to take as a Greenseal/Starpol package not just the Greenseal.

Anyone remember the 150 US engineers signed up this time last year for rapid US roll out?

Dawall, chill out.
Oily made a bit of a slip on the first post on the subject and everyone since has ridiculed the idea.
Oily only did it to get a bit of life in the thread. No-one is suggesting it happens.
alan

But it could happen of course, and there could be an RNS about a week on Monday and I could be a millionaire by tonight or Howard might just read this BB and say to himself "I'd better give them the good news before they tear each other to pieces"!! ;-)
kim

I have it on very good authority that Howard posts on here under the screen-name blinger.
Just you watch for how super informed those posts are and you'll see what I mean.
Alan

Dawall

The reason why I raised the subject on this board is because EVO's latest broker's note on SEO mentioned the possibility of one division being floated separately and I thought it would be useful to fill some of the time while we wait for hopefully good news to discuss it.

The oily one

The next news will be good, Oily.
It's just how long are we prepared to wait?
12 months ago we were all saying how this one would be a good one to stick in the bottom drawer and forget about till we were old and needed the money. Now the board is full of people moaning that its not megabucks now.
I am more confident in the long term prospects for this than I have been since I bought the damn thing.
But you're right. Its fun to have a debate, even when there's nothing to debate.
Alan