bosley
- 20 Feb 2004 09:34
oblomov
- 18 May 2006 18:25
- 16667 of 27111
Dont panic, Mr Mainwaring!
TB basically says SEO caught in the crossfire of the market falling this week, dont panic.
Easier said than done!!!!
bosley
- 18 May 2006 18:41
- 16668 of 27111
driver, back to single figures and it might get a bit interesting.
Tonyrelaxes
- 18 May 2006 19:53
- 16670 of 27111
pinnacle
You are not seeing Directors buying at these levels for the simple reason, I believe, they are in a Closed Period - between Half year end 30 April and Interim results being announced and as such they cannot buy or sell shares.
At the last year end they already held some 6m shares and a further 38m shares within Share Option Schemes. The exercise prices vary between 2.25p and 10.25p. A further 25m share options exist for "benefit of all Directors and Employees" at 7.13p to 14p
I think they have enough incentive to see the Company succeed. At the AGM, the Chairman did make the point that they are not drawing huge salaries.
Tony
greekman
- 18 May 2006 21:39
- 16671 of 27111
Tonyrelaxes,
You are correct, as you say SEO are in the closed period.
bosley
- 18 May 2006 22:46
- 16672 of 27111
soultraders, i was thinking more along the lines of, sub 10p and it might be worth getting back in again.
tonyrelaxes, what's the reason for so few director buys when they are not in a closed period?
pinnacle
- 18 May 2006 23:32
- 16673 of 27111
tonyrelaxes - good point and thanks for the info - but bosley is right - why don't they buy when not in the closed period?
I am looking for the long term - it appears most of the above are trading shares daily to make a living - good luck to you all - I am hoping that over the next two years the gain will be worth the anguish of now - I firmly believe the company has ideas and concepts that are required for todays market - I know from experience that dealing with large companies for contracts takes time and patience and if it comes off while we are young enough to enjoy the gains then it has been worth it.
Tonyrelaxes
- 19 May 2006 00:23
- 16674 of 27111
bos/pin
Perhaps with their existing shares and share options they feel fully covered.
If they do not earn huge salaries (and they do not) they might not have the available cash. To take up options incurs a paye/benefits tax liability that generally requires selling half of the take-up to remain cash neutral.
The original question I tried to answer was about present prices. The present low prices only arose (dropped!) in the closed period.
WOODIE
- 19 May 2006 06:24
- 16675 of 27111
one of the reasons for the new down turn in the s/price is they are having trouble with several complexities that have delayed matters.the machine has not worked as well as expected .engineers are"fine tune the r&d elements" .also no profitis likely in 2007 but this might slip back until 2008 another negitive is if no profit until 2008 the company will have to go to the market to raise money.
greekman
- 19 May 2006 07:23
- 16676 of 27111
Taken from Hamptonroads.com, by Kerry Dougherty
My comments....This is the sort of comment Ross ( of friends fame ) would come out with. My chat up lines are about as good.
From the article.
Did you know that.....Cigarette butts are not only repulsive, they're a potent form of pollution. Environmentalists tell us that filters have a half-life only slightly shorter than plutonium. Even tobacco companies acknowledge that cigarette butts are a nuisance. According to the Ocean Conservancy, cigarette butts were the number one item collected during its 2004 annual International Coastal Clean-up.
tweenie
- 19 May 2006 09:16
- 16677 of 27111
cut and pasted for your amusement.
Goodevening - Captain Guide reporting
when its wet and windy out there, when the thunderstorms go haywire, the much
safer place is the SEO flight. Jump outside and you will get wet and will be soaked. Its not the time to be outside. The weather will be calming down soon and we will be the 1st to move out of bay. Patience will be rewarded soon. Have a drink and chill out on board.
We have been at this price long time back and we are there right now.
Nothing has changed. Passengers are boarding at this level. Air Traffic Control has just panicked over the surrounding thunderstorms that doesn't relate to the SEO flight.
Before i log off, someone wants to charter the SEO flight for a fixed period..terms and flight conditions are being negotiated and offcourse the weight of the so called green paper. This itself is enough for the initial SEO flight to fly as a 5bagger like the A380...and it will be soon.
Has he ever been 'on the money?'
greekman
- 19 May 2006 09:40
- 16678 of 27111
Tweenie,
I think he has been on something.
garyble
- 19 May 2006 09:50
- 16679 of 27111
I believe he's been on the money as far as the actual events within the company, but has saddly been way off with regard to market reaction.
So if he's really in the know, the above IMO alludes to the fact that an interested party is currently in negotiation with SEO for an exclusivity period and of course the value of the contract which will be in the region of 400m.
I took the "5 bagger" as being an sp of 50p, m/cap of ~500m etc, etc.....
I know, we've all been here before!
tweenie
- 19 May 2006 10:13
- 16680 of 27111
I guess it's time to put my money where my mouth is .....too tempting not to top up.
TANKER
- 19 May 2006 10:18
- 16681 of 27111
our do these muppets keep there jobs there are useless . a bloody monkey could dono worse.
garyble
- 19 May 2006 10:21
- 16682 of 27111
From another site:
"The bad news: small AT orders lowering the price followed by large fill orders = almost certain shorting activity
The good news: the shorters will have to stop somewhere between 10p and 1p, and when they do so, a buying frenzy will lift the price fast, maybe even faster then the that of the drop"
WOODIE
- 19 May 2006 10:26
- 16683 of 27111
how many of you will take part in a open offer for more shares if they run out of cash as i said earlier thats what the market is telling you?
greekman
- 19 May 2006 10:35
- 16684 of 27111
Woodie,
Where are the indications of any sort of a cash call.
ssanebs
- 19 May 2006 10:39
- 16685 of 27111
as far as i recall there was no cash call, maybe senior debt and 5 micro manufacturing plants which would pay up front for the licenses.
WOODIE
- 19 May 2006 10:47
- 16686 of 27111
there are no indications of a cash call i did put IF in the above post, but do your homework if no money is coming in due to a delay then how long will the cash last that they have?