bosley
- 20 Feb 2004 09:34
Mad Pad
- 20 May 2006 14:05
- 16739 of 27111
Oblo,hi.What worries me is such statements as"to clarify the trial details"ie the trials have not even started yet ,how long will they take?6 months ,a year and will they be successful?The 2nd paragraph,for my taste, is far to general.I don't believe the share price will go anywhere fast now until we get news of deals with concrete +$$$ attached.Last year it may well have shot up on the mention of Wallmart but not anymore.Anyhow I sold last week along with 80% of my equities having had a cracking run in the last few years,maybe sell in May buy in Oct will be correct again this year.I certainly know more about SEO than any other share I own and as soon as I SEE THE RIGHT SIGNS will reinvest maybe even to the tune of 10% of holdings but for now feel happier in cash.Best of luck to those who still hold.
WOODIE
- 20 May 2006 14:38
- 16741 of 27111
oblomov are you looking at the chart at the top of the header the s/price has been in a downtrend since last may with a nice bounce in nov/dec my own view is without the sell off in all indicies ,this stock would still have gone down.
WOODIE
- 20 May 2006 14:38
- 16742 of 27111
sorry hit button twice
oblomov
- 20 May 2006 15:02
- 16743 of 27111
Mad Pad, Hi, you'd think we'd have better things to do on a weekend, but here I go rambling on again!
Regarding the timescale - given that we are talking about radical new technologies and considering SEO's size, It would be a little naive to have expected everything to go smoothly and within specific timescales, IMO. However, I think that's exactly what investors did expect, hence the dissappointment and decline in the SP.
The second paragraph is pretty specific - 'to finalise details with regard to vertical integration into their supply chain by establishing Micro Manufacturing Facilities'. To 'finalise details' suggests there are takers for the Micro plants and that they are close to signing deals. 'vertical integration into their supply chain' speaks for itself.
I believe once we see positive RNS's relating to these specific items the SP will rise, investors waiting for the deals to actually be signed will miss the boat. At the point the deals are signed the SP will rise dramatically and instantly. You wouldn't have a chance to get in at a reasonable price. A strong indication that deals very likely will be struck will do the trick, SP wise.
IMO. But then I'm long, you're short!
oblomov
- 20 May 2006 15:10
- 16744 of 27111
Agreed, Driver, but I do feel that AGM Statement to be crucially important, in the short term at least.
If the market doesn't receive clear news from SEO on the points made in that statement (particularly the two I've spoken about), and within a reasonable time, SEO will lose all credibility.
oblomov
- 20 May 2006 15:17
- 16746 of 27111
WOODIE
It was actually fairly stable from around last November till last week. The last week has seen a sudden drop, far more dramatic than the fall since last May.
It would have gone down after the AGM Statement if there were reasons other than the general market fall behind the drop.
I'm confident it has gone down with the rest of the market. Show me a small cap that didn't. (God, I bet you will now, but I haven't noticed any, lol.)
Mad Pad
- 20 May 2006 15:36
- 16749 of 27111
Oblo Its not that I don't believe in SEO ,but for reasons I stated earlier , I'm risk adverse at present and it had to go along with most of my shares.If there is A1*****news then there will may well be be a spike followed by a correction ,then I will buy back.
garyble
- 20 May 2006 16:26
- 16750 of 27111
Andy,
Taken from Interims last year:
"The initial focus will be on the North American market, where polypropylene is widely used for food trays and where there is increasing demand for biodegradable packaging. Starpol 2000(TM) additionally provides a stronger gas barrier for modified atmosphere packaging (MAP) which helps to lengthen shelf life. Sample product has been manufactured and discussions have commenced with major retailers"
It would appear that there is an improved gas barrier with Starpol.....unless SEO are simply wishing it to be so.
Comments made:
andysmith - 19 May 2006 22:30 - 16733 of 16752
.......Many materials currently used have gas barrier properties to maintain product shelf-life and I remain unconvinced that PLA based films will be able to achieve the requirements of many applications for fresh foods.
Reduced shelf-life would mean reduced profits with increased waste.
However it should be OK for applications such as burger cartons etc as a replacement for PS which is difficult to dispose/recycle and if approved here the potential sales are high, but what will the profit per tonne be?........
and:
andysmith - 19 May 2006 22:59 - 16736 of 16752
Eric, have to confess to not following all developments as closely as I did but a few days shelf-life can make significant differences to profits.
When SEO thought that Greenseal did this, RNS's were issued, if Starpol (PLA) does not match current barrier properties then it will need a really commited retailer to adopt it and manage the logistics and product stock control........
garyble
- 20 May 2006 16:49
- 16751 of 27111
I would presume that Starpol 3000 is an enhanced 2000, ie similar properties but clear.
I get the impression that the management is pretty switched on, so should not likely make the same mistake twice. They've been through the mangle with ASDA and I would expect them to be alot more specific with Walmart and that would include the actual value of the deal with milestones.
As Tyson was also involved, I'd expect a rapid trial and take-up, along with timely updates.
oblomov
- 20 May 2006 17:03
- 16752 of 27111
Thats put me in my rightful place!
cynic
- 20 May 2006 17:33
- 16753 of 27111
I know charts are not everything or even far from it, and I know a lot of you guys have done your bollocks on this stock. However, I have just had a look at the larger chart over the last 3 months, there really can be no reason to start buying this share now except in blind hope or panic over common sense. There are much much better stocks to play with that have also taken a hammering but with much better fundamentals.
garyble
- 20 May 2006 17:35
- 16754 of 27111
Great,
Thanks for your opinion cynic, much appreciated.
cynic
- 20 May 2006 17:38
- 16755 of 27111
Garbyle - not convinced of the sincerity of your posting, but it may come as a surprise to some that I generally try to post intelligently, even if I am not always successful. In this specific case, I can view the share totally objectively.
garyble
- 20 May 2006 17:41
- 16756 of 27111
Cynic,
Appreciated. Please give us your opinion again in a couple of weeks.
cynic
- 20 May 2006 17:42
- 16757 of 27111
Smart arse .... I'll watch and comment accordingly
oblomov
- 20 May 2006 19:26
- 16758 of 27111
Cynic,
Charts are great for showing us what has happened in the past - they are not a crystal ball, however!