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

Garyble - interesting analogy as our Chairman is also a Director of Ashtead.

Tony & Garyable, Good points. However, I would reckon that in the current market any would be predator could get a holding large enough to give them a very good negotiating position at well below 50p. I agree that that could represent a 'steal' but even current large holders like Howard White's family foundation might decide that certainty is worth considering; don't forget he has had a long time trying to pull off a major US deal and so far has not finalised anything.I know these things take a long time but if, as we think, the product range is as good as is said to be, it should be flying out of the door.

DAN BROWN SHOULD TAKE A LONG LOOK AT THESE BOARDS BEFORE WRITING HIS NEXT NOVEL......
nothing re this share has changed in past month other than the SP.
more than happy to continue holding.

Yeah every single fact he claims is true has since been disproved! Baldrick did a splendid program on it all last week.

I have hung on to my SEO stock for 2 years, but I now have serious doubts as to the management ability of those in charge. Undoubtedly they have the scientists engineers chemists etc, but the ability to plan their way out of a paper bag is beyond them. No further proof is needed than the Greenseal fiasco. Will they cock up Starpol 3 in the same manner? Very likely unless there is a distinct change in management ablities. We need some organisers and doers in there instead of bulshitters.

Get real would you. This stock has been over-inflated due to the over-excited. The management have thus far done very little wrong in my eyes, but will agree that we all have differing expectations. SEO were somewhat naive as they have admitted, but nothing has been abandoned or failed, so the game is very much still on.

Its laughable and predictable that at times such as these the whingers and prophets of doom come out in force.

This stock will remain volatile untill there is solid news with attached.

yip, all the way up and all the way back down again.

Guten Tag everybody.

Interesting posts by a lot of people, particularly Andysmith - thank you!

I'm interested too by Driver's point (post # 16470) that the SP "will go higher on rumour", however I'm not yet convinced. Technical troubles with the products may mean a slower take-up by the market, while potential shareholders are surely going to demand more proof of the company's performance before being as trusting with their cash as they were 18 months ago. Recovery could be a slower process than last year's spike, IMO.

Not sure quite what to think, to be honest. I still see further downside for the SP though. I seem to remember I said about a week ago that it might hit 9p by the end of the summer; I'm a little surprised we're there already, as it happens on one of the bigger one-day falls for a while, and remain convinced that this still has further to go towards around 6p. I'm thinking about buying, but only when it's gone past "cheap" and well into "dirt cheap" territory.

All IMO, WDIK, etc.

I'm afraid to say that I've sold up.

KD.

When you look at todays trades there more buys than sells yet the sp still falls, clearly indicating a overhang.

maybe it's that ex employee getting rid of his. he has certainly collected enough of the buggers over the last few years !!!!

Either that or PM1 has decided to call it a day and move on!!

PM1 was still around as of last evening as I came back to his usual mound of SEO emails. You have to admire his tenacity, if not his grasp of what is relevant info. Guess it is too much to hope that this mgt. can seal an order in the next few days?

The key question to ask re management is how they would be assessed if it were not to the backdrop of investment comment. Greenseal is clearly a major technological advance so that a one year hiatus in the product launch cycle would not normally be seen as a major problem. OK, I suspect they believed their own hype, but they have taken a product proven in the laboratory onto the factory floor, adding the problems associated with retro-fitting and 24/7 processing and you are in a different world from that they have previously occupied. The continued confidence of ASDA, prepared to demonstrate to their masters, suggests that the major problem has been timescale. The Starpol story is more positive with FSA approval for Starpol 2000 and Starpol 3000 clearly well received and approaching approval. The share price is one thing, the growing value of the company and its products another

One conclusion is that the value of the company to a buyer has been going up as products come closer to market, not down. While the sp has fallen with a resultant drop in market cap. from 300m to 85m, the intrinsic value of the company will have been rising (probably for half the former to a multiple of the latter). If there are multiple bidders then the current market cap. is irrelevant.

Another worry has been the possibility of a cash call. But you can be quite sure that any cash call would follow good news: e.g. Walmart sign up trials with a predicted cash flow underwritten by their commitment. SEO are not going to come to the market with the sp in the present region.

Again, strangely, the short term future of the sp has nothing to do with any perceived value of the company. The only important question is whether there are more sellers shaken out plus shorters than there are bulls buying in. So my own review at the weekend, when I decided to hold, was driven by the key question as to whether management would deliver. andy was the nearest to shaking me out when he expressed concern re the gas barrier properties of Starpol. The April 26th release stated that the final technical hurdles in the development of STARPOL 3000 have been overcome and that the product exhibits high gas barrier properties, key to shelf life considerations. The cynic (with apologies to his namesake) will make various pessimistic comments such as 'heard it all before'. I'm not interested in comments which are not factually based - andy has since softened his position. We have a company in a unique position in a major market with a strong hand of cards - enough said!

Eric

All my stocks are RED bar two unless you need the money I see no problem the world isnt going to come to an end Fidel Castro isnt about to take over, they will all bounce back take my word for it.

Driver - I have 3 in profit but am red in all against the day... Can't imagine the FTSE falling below 5500 so I reckon were nearly at the end of this fall. Eight days now and abit of a record for this down trend.

explosive
Did you have to mention the FTSE it was 800 once.

When was the last time it was 800 though?

I think I'd best cancel my order for the new Bentley! Do they still make Citroen 2 cv's?

Oblomov - yes, but they are now called Vespas. Same top speed and degree of comfort though.