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

Cynic - your comment in 16753 "...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..."

Forgive me if I misread/misinterpreted this but I see that as basing your present stance on the past performance or 'looking back' (which I generally consider most TA/charting to be). Of course investment and present criteria and circumstances change (see MadPad) but that is the present and furure and not within that statement.

No intention to cause offence or ridicule - just giving my own views on things, which we are all doing here, hopefully, for the benefit of anyone bothered to read us.
Tony :-)

Tony - I never take offense or I would be sulking for most of my life! My view was based on the fact that sp has been heading south for a long time and with no indication (or likelihood imo) of any change in the trend, I see no logic at all in putting new money here .... which is not the same as staying put if you are unlucky enough to be a holder.

I posted earlier that I needed to decide over the weekend whether to continue to run my remaining SEO position or dispose to satisfy a margin call (500 of these from City Index yesterday!). I have reread the AGM statement and Interims and the posts over the weekend. I have to say that there are a lot of very good posts - its so good not to have suffer the blatant ramping and deramping. Contributors have come to different conclusions. madpad has decided to cash in 80% of his overall holding having done very well thankyou on the run-up from the Iraq aftermath. He is saying, along with some leading commentators, that the overall market is due a retrenchment and some see the early signs of a market collapse. Its a risk averse approach which I respect. cynic sees the SEO chart as reflecting increasing disenchantment with a share which promised much and has so far failed to deliver. Wouldn't it be great to fast forward the SEO chart for three months, 6 months, a year. Is this a downward spike? andysmith understands the industry very well, was a great Greenseal enthusiast (probably still is when its fully commercialised) but is a sceptic on Starpol in relation to shelf life, primarily. Then I looked at the cap. of around 90m - is that just right, too high or too low? How on earth do you justify any price. Six months ago you could justify 125m (and I did) on relatively cautious Greenseal projections but we are back now, more or less, where we were over a year ago - well, sadder but wiser.

So my answer is - wait for it - HOLD! garyble has answered the gas barrier point; the US release on 25th April states: "(Starpol 3000) exhibits high gas properties and is produced from 100% sustainable materials, is entirely suitable for most packaging applications ..." Of course, although Starpol 3000 'is expected to be confirmed as fully complaint (under FDA and European equivalent)', the release of the product presumably supplants Starpol 2000 so causing a delay in the marketplace. I agree oblomov that the sp will move very rapidly on any positive announcement and there will not be an opportunity to get in at this sort of level. I think driver is right to call the 14-17p range on announcement of significant movement on any of the Walmart, Perseco or Macdonalds fronts. Movement from that range would need a firm revenue profile. I think overall my judgement is that, despite delays, Greenseal will come good based on the Walmart/Tyson visit to Grampian Foods ('commercial trials'), Perseco negotiations appear well advanced and Macdonalds is a no-brainer. We may not be at the bottom of the market but the lower the fall, the bigger the bounce - I can visualise the chart! So, folk, happy to tuck this review away for a quarter: lets come back to it then! The chances of recovery by then are certainly better that England to win the World Cup.

Eric

EWR good post.Just to correct you I have cashed in 80% of all my equities SEO is included.Mention in the FT yesterday article"investors succumb to fright and flight"---"biggest fallers small caps SEO down 23.1% May 11to 18".That is a far larger drop than the small cap average for the period ,which I dont have to hand but I would guess at about 7%.Anybody want to speculate why?

I speculate that maybe because of those small caps, SEO made the largest gains over last 17 months, ( from just below 6p in January 2005 to 27p in May of the same year ) so had further to fall. I wonder how many small cap shares are still 80% higher than 17 months ago. I also think that many punters threw caution to the wind and overstretch in SEO, I know I have been tempted many time to increase the percentage of my portfolio in this company. How many of us have SEO as our largest holding. I know they are by far mine.

greekman
You'd better get some GOO just in case.

can think of lots of better places for your money than SEO (unless you are already stuck there) ..... GOO has possibilities but very much like or prefer MRP, GTL, CHP, SEY and even MPH in the lower price range of shares

cynic
We are a bit sensitive on this thread just one ramp will do, it looks to me you are a bit over weight on oils perhaps you had better get into some packing.

Sorry guys, but I do not try to ramp or even have any need to ...... I have a reasonably balanced portfolio and merely picked out some lower priced stocks from it..... By the way, it was you who suggested GOO, not I and, for all it matters, MRP is more interesting for its gas, MPH is a fashion house and GTL is of course a fossil-fuel alternative; that leaves 2 oil stocks from 5

Eric, hold maybe a good call. The problem that I see for the sp is that the 12p support level from Feb 2005 placing has been broken and thats where a lot of the new buyers got in. Garyble's barrier quote seems OK if it can be verified but that is only comparing with OPP lids which is OK for products like chicken, however most other meats in Europe use higher barrier materials. I don't know what is used in USA, lets hope its all OPP though I doubt it. As before, best bet is the PS and PP tray replacement, no need for barrier and good volume potential that doesn't need Greenseal. PS is a major pain the arse as it can't be disposed of easily, some countries are already banning its use and thats why I personally would be happy to buy in on a deal with the likes of McDonalds for this application as other deals would follow.
The next week will see be a key indicator of market support for SEO IMO, yes the market went down last week but SEO was hit harder than most probably because the Greenseal potential was supposed to be realised by now with good profits so why should the market believe that Starpol story will be any different to Greenseal?
A deal with McDonalds (not trials) and I will be back in whether it be 6p or 12p. If the sp does fall back to the 6-7p mark then I'll be in anyway as SEO is in a much better position as a company with "potential products" and financially than they were 18 months ago.

Cynic ,


It all comes down to whether you are



Or



On this one now IMO.

Tough times.

But, the shares you mention offer



I'd rather be in with a chance of

and SEO could well be a bar of melting Toblerone! ..... But I put my money where i like, and you guys likewise .... I recollect being wrongly lambasted elsewhere re my opinion of ELP; I would happily be correctly lambasted for my opinion on SEO as I have no wish to see others lose out

Overblown pretentious rock band!

trust you to blow a fanfare for the common man !!!

oblomov, is it really a question of whether you're a man or a mouse? yes, the sp is higher than what it was 2 years ago, but, it is now 70ish% down from its peak last year. in truth , the "men" sold when it peaked.

Bos,

No not really, but I had a few spare pictures I wanted to use!

Less tolerance of waste gaining momentum.

Pocono Life
Zero waste movement takes hold
May 22, 2006

Exerts from article. See link for full article. http://www.poconorecord.com/apps/pbcs.dll/article?AID=/20060522/NEWS01/605220317/-1/NEWS#storyContinued

GrassRoots Recycling Network is calling on companies to take responsibility for the entire lifecycle of their products and packaging, and on governments to not subsidize non-recyclable waste processing.
Lombardi, a leading light in the fledgling U.S. zero waste movement, lays out four basic principles for achieving zero waste:

While the concept has been slow to catch on here, it has been standard practice in parts of Europe and elsewhere for more than a decade. In fact, some 25 countries require companies to take back their packaging, and some have gone so far as to mandate "extended producer responsibility" laws, whereby companies must pay for the waste generated in the production, packaging and distribution of their products. ( What a great idea. This would certainly focus companies minds ).

The less waste tide is continualy gathering monentum.

Does anyone know what price Fidelity paid for SEO shares and what their likely strategy would be now, to hold, add or sell off as stop losses are triggered?

I think Fidelity as most institution do will look at the long term prospects and hold.
Don't know what they bought at ( last purchase ), so can't help there.
The FTSE 100 is down again by 56 points, so with stop losses added to this it is not helping. The mm's are making a market as they do, and I expect plenty of bargain hunters at these prices.

This sell-off looks way over-done on stocks like SEO. With a product catalogue as good as theirs they must be looking appetisingly cheap to their competitors. Personally I would rather they get further down the road to commercialisation so that any bid process would start at a higher sp. Anyone any views on this thought?