bosley
- 20 Feb 2004 09:34
bhunt1910
- 09 Jun 2006 07:59
- 17190 of 27111
It does that every morning Oblo - until the MM's get their prices sorted out. Then miraculously - just before 8 am - the price usually goes back to within .25 of its closing price - unless of course there is big news to effect its sp.
oblomov
- 09 Jun 2006 08:03
- 17191 of 27111
I think I'll restrict myself to one look a day just before 8 in future - ignorance is bliss!
greekman
- 09 Jun 2006 08:06
- 17192 of 27111
Oblomov,
Don't worry, it's a nice sunny day, the Dow finished up, Seo at least opened level.
What can possibly go wrong in the markets today. Forever the optimist.
oblomov
- 09 Jun 2006 08:19
- 17193 of 27111
Yeah, think I sell my entire holding and buy a sun lounger - its a far cry from a new Bentley, but thats life! lol
Mad Pad
- 09 Jun 2006 09:41
- 17194 of 27111
Oblo B+G, have one on special for 14.99.Can you afford that!PS Mulsanne going great.
oblomov
- 09 Jun 2006 09:50
- 17195 of 27111
Thanks Mad Pad, that'll leave me with enough for a few G & T's, assuming the SP doesn't fall any further!
olivier
- 10 Jun 2006 05:31
- 17196 of 27111
does anybody know
if it is true that PERSICO came in London two days ago
to meet Stanelco ??
cynic
- 10 Jun 2006 16:27
- 17199 of 27111
Greekman .....nothingcould go wrong except Dow falling 50 points in the last 15 minutes of trades .... Let's hope F/E and London does not catch fright at that on Monday morning, albeit that that took Dow significantly back below the support/resistance level of 109640
hewittalan6
- 11 Jun 2006 19:56
- 17201 of 27111
Forgive me if I am a bit reluctant on my sources, but all he will allow me to say is that he is a senior buyer within an Asda department, who are particularly affected by the Starpol and Greenseal trials.
In discussion with him over the weekend he told me several key things.
1) Walmart looking over the trials and new packaging is absolute company policy. They would do that regardless of any interest in the product. It is as much about ensuring Asda are aware of big brother as much as anything. It is WM policy to be very overt on checking up on subsidiaries and suppliers.
2) They will only buy into the SEO products if there is a demonstrable cost saving to be made. They wish to appear as good neighbours but that is ultimately second to profit.
3) Asda, and WM have a concern over the "greeness" of Starpol. While they accept that the product itself is environmentally friendly, the production of it is not. Particularly they have calculated that the raw starch material travels an astonishing 19000 air miles on its way to becoming Starpol. They are worried that if they try to capitalise on a green image, this will become public and the environmentalists will make them look a bit stupid!!
4) Apparantly, SEO are unable to promise that the starch used in Starpol is GM free. Asda and WM feel this would also tarnish the environmental badge.
My friend would not be drawn on the success or otherwise of the trials, and would only smile knowingly when I broached the Wrap subject.
In summary, he feels that Asda, and WM will buy Starpol in huge quantities, but only if those last 3 question marks can be addressed.
I apologise for not bringing this to the boards attention sooner, but I have only known this man for 5 months and until Saturday, I had no idea what he did for a living!!
My confidence is knocked somewhat, but I am staying in and seeing it out.
As usual, DYOR etc. but this source is very reliable. Remember he heads up a world wide sourcing and buying team for ASDA, with a budget measured in 9 figures, on a product range that is very closely associated with Starpol / Greenseal.
Alan
cynic
- 11 Jun 2006 20:31
- 17202 of 27111
Sorry hewitt, but the above reads like the biggest load of hogwash i have ever seen in my very long life.
ptholden
- 11 Jun 2006 20:40
- 17203 of 27111
Perhaps you would like to elucidate Cynic, rather than your usual inane comment?
By the way, how exactly do you choose which stocks to invest in, considering that by your own admission you know nothing about either Technical Analysis or Fundamentals?
EWRobson
- 11 Jun 2006 21:29
- 17204 of 27111
Interested in your post Alan. Interested in comments. Given that Starpol is at an early production stage, the mileage and GM issues don't sound significant. If you want that product and set up a micro plant then materials would be sourced closer to home and you would ensure that they were GM free. The comment sounds more like knocking copy than serious evaluation.
Eric
cynic
- 11 Jun 2006 21:38
- 17206 of 27111
i choose stocks by giving the dog a pencil, blindfolding him and then sticking the share page in front of him .... he is surprisingly successful at picking winners.
ptholden
- 11 Jun 2006 21:49
- 17207 of 27111
Why blindfold the dog? You could blindfold yourself :-))
cynic
- 11 Jun 2006 21:54
- 17208 of 27111
tried that, but found the dog's a much better pundit .... clearly has some sort of 6th sense, whereas i have none
hewittalan6
- 11 Jun 2006 22:25
- 17209 of 27111
Fine.
I report, verbatim, a discussion between myself and a friend whom happens to work in a high profile role for Asda, and I get abused by an arse.
I shall very happily keep any further news to myself.
Those who have read these boards for any length of time will know that I have no axe to grind, and am a long term supporter of SEO.
Imbeciles will come up with ridiculous comments.
Eric, my friend was discussing the issues of sourcing cheap enough starch. This is coming from third world countries, to keep raw material costs low, and being transported to first world countries for production. This is where the high mileage comes in, not in transporting the finished product.
The GM issue is also covered by this as many GM trials are carried out in asian nations as their regulations are less rigorous.
Anyway. To the muppet. Take it or leave it. I really don't care.
To the rest of you, I will happily post news I may get hold of in the future.
Alan