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

A placing to raise 4m at 7.5p. Not surprising but there are positive indications. First the institutions, or larger private investors, buy the story that that sp is justified, i.e. a cap. of 75m. Second, the placing is not larger and holdings are not siognificantly diluted. Third, it gives a support level at the placing price. Fourth, accompanying hard news, likely to be the Perseco live trialling with a major restaurant chain, presumably McDonalds. I think your projections are far too low, oblo, as the cost per wrapper must be much higher than your fag packet allows!

There is a gradual change in the tone of comment both from the company and commentators. We are at last getting the first 'commercial' installations of GreenSeal. It will be interesting how the market reacts to the placing news but itshould be reasonably positive - although a wave of selling this afternoon possibly on negative reactions to the placing.

Eric

Bloody hell, I've written a long reply to Eric's post and answered rmhyams post a few days ago as to which of his questions I asked at the AGM and tried to create some text in blue.

Right clicked on the word blue (to indicate the movement of the share price tomorrow) and got a page offering to seach the web which was not of any interest to me, closed it down and lost all the text keyed into the message box. Can't be bothered to do it all again

I'd throw myself under a tube train if I did not think that the share price should start heading strongly north very soon.

rmhyams the reports posted by Tonyrelaxes, Sharesure, Madpad and Bhunt I think, were all pretty accurate reports of what I heard at the AGM. I did not post for a few days after the AGM as I was stricken with my first dose of flu for three years and it was nasty.

Life's a bitch.

The oily one

Eric

Where did you get the info about the placing (of 53.3m) shares at 7.5p to raise 4m?

The oily one

Post just before 12 noon today from ssanebs in which he indicates Friday. I Haven't seen the 53.3m shares before or did you compute that from the quoted amount raised. I assume information comes from a client of the placing but I don't have direct information. Anyway, we should know tomorrow morning.

EWR,

There was no mention of the amount raised, unless it was quickly edited.

Well I did say this week would be fun for you chaps. 7p - 12p, what bigger clue did you need. I might buy back in when it drops. Nice easy money, buy at 8.5 ish sell near 10p and re buy to sell at a premium in a few months.

Oblomov, just a born fool and a bit of a control bb freak?

Eric

You mentioned 4m. Ssanebs said 7.5p; that's 53.3m shares or roughly .5% of the total shares in issue.

I hope they have a very good use for the cash, ie. they are going to spend it on financing a deal which is guaranteed to raise serious turnover and PROFITS.

The oily one

Oily,

5.7% of issued shares.

GOTYA
Do you think that you buying back in is going to make any difference to the sp or that we care if you do we would rather you just p**s off' or just go away which ever you prefer.

LOL.

GOTYA............OUR SAVIOUR

PM1, who seems to know these things, is expecting the announcement although at a somewhat higher price. This is a high cost stage of development with Greenseal machines in production and live trialling at Perseco (et al). Methinks the maiden frets unduly; all is progressing well!

Eric

yes i had a call to say the price is 8p for the placing, not 7.5. Also announcement is dependant on the shares being all placed thursday

In the current climate, it can be very difficult for SME's to raise cash ATM so there may be a further delay, in that case? Private (off-Market) placements are ALWAYS lower than the bid price (at the time of issue though!). So, providing the discount-to-the-Market is tempting enough to persuade private investors without totally underminding the bid price then the good news is that 8p should be the support/resistance level, yes.

Also, in my experience, such PP's are typically followed by some positive newsflow to back everything up. I do hope so! Better this way c.t. a rights issue which would have almost certainly diluted shareholder value. I've been through similar scenarios with OFEX companies, in the past, and if we can hold our nerve and ride the storm then I think we will be rewarded before too long.

something in FT

sem3

What?

Anyone know if TB had any mention of SEO last night.

The oily one

Walmart net sales increase, for May.

4 Weeks Ended 17 Weeks Ended
Percent Percent
5-26-2006 5-27-2005 Change 5-26-2006 5-27-2005 Change
Wal-Mart Stores $ 16.901 $ 15.697 7.7% $ 70.369 $ 64.343 9.4%
SAM'S CLUB 3.281 3.064 7.1% 13.224 12.393 6.7%
International 6.103 4.660 31.0% 24.216 19.331 25.3%
Total Company $ 26.285 $ 23.421 12.2% $ 107.809 $ 96.067 12.2%

Oilywag

No mention of SEO in TB's weekly update, however RHPS June issue is out tomorrow.

Ta muchly

This arrived from PM1

Hi All,

I have had several questions about a placing rumour, it's true, but the price is wrong, it's actually a wee bit higher.

Apparently it's not huge, the company just got caught out by the market drop, or it would have been at a much better price, such is life !

Cheers,
Paul

The oily one

Stanelco PLC
02 June 2006


Stanelco plc (the 'Company')

2 June 2006

Placing of New Ordinary Shares

The Board of Stanelco plc, the radio frequency (RF) applications group, is
pleased to announce the conditional placing by Teather & Greenwood of 46,939,939
ordinary shares ('New Ordinary Shares') at a price of 8.1p per share to raise
approximately GBP 3.8 million (approximately GBP 3.7 million after expenses

I feel this placing is not a bad sign. SEO were not desperate for cash so could have waited till the sp rose, even slightly.
A placing now, I feel indicates, some good news to follow. This placing puts them on a better footing should a deal be imminent.
Will be interesting to see how the market looks at it