bosley
- 20 Feb 2004 09:34
pinnacle
- 07 Jul 2006 09:20
- 17616 of 27111
Spoken to Stanelco asking for the date - they will let me know, however I get the feeling that they are waiting for something.
Will pursue it again this afternoon - let you all know then.
They seem to be keeping a lid on news this time - I feel it's got to be a decision from someone - just a feeling - because bad news would have leaked out by now it always does.
pinnacle
- 07 Jul 2006 09:27
- 17617 of 27111
Just spoken to Stanelco.
Can't say I am excited!
The interims MAY be released at the end of next week or the beginning of the following week, got the impression that no other news will be accompanying them - could be wrong.
Two of the Directors are on holiday next week so I think it will be the week after.
The web-site will state the date - so keep watching.
I won't be able to obtain any more as I have pushed as much as I can.
greekman
- 07 Jul 2006 09:43
- 17618 of 27111
The the results.
As previously reproduced, my E-Mail and reply from Robert Duggan, Company secretary.
"We are finalizing the interim results and intend to release them by mid July at the latest".
So if the above is correct they will have to release by the 16th, which is a Sunday.
That puts it more likely to be the Friday, as the last working day pre 16th.
As pinnacle states we have received replies so we are as up to date as possible.
Now if the 16th goes without the results release, and I have no reason to doubt Mr Duggan, well that is a different ball game.
nyleve
- 07 Jul 2006 09:44
- 17619 of 27111
Boldtrader
Yes Tom has still got them on hold, very cagey now. Recons they have enough raised cash for about a year which will cover admin etc. As he says " after that, who knows" ! Wish we did !!!!!
Dave
boldtrader
- 07 Jul 2006 12:09
- 17620 of 27111
Thanks for that info Dave,I've held SEO through thick and thin for 5 years,made afew bob here and there and was always very confident with the outcome,but now sadly becoming alittle twitchy,of course I would be now because my last purchases are showing a loss!!Heres hoping and good luck to all lth's.Cheers.
garyble
- 07 Jul 2006 12:25
- 17621 of 27111
I certainly hope the interims are worth the wait!!!!!!
Trying not to get too enthusiastic, but to date the anticipated news has been an anticlimax.
Now lets all chant: "GO, GO, SEO"........
pinnacle
- 07 Jul 2006 12:52
- 17622 of 27111
As with all companies the important part of the interims will be the MD and Chairmans statement plus the Outlook.
As long as Stanelco is financially sound then none of us will suffer - time is all that will be required to secure a bright future.
This is not a quick process - as with all businesses it takes time to build up and what is required from us is patience.
Twitching only occurs when there is doubt about the financial standing of the company invested in.
I believe Stanelco because of it's main shareholders, should be financially sound until the revenue streams are signed.
Do all agree?
blackdown
- 07 Jul 2006 13:53
- 17623 of 27111
If not, then a rights issue or placing
greekman
- 07 Jul 2006 14:58
- 17624 of 27111
I agree re the MD and Chairmans statements being important, also the bit about being financially sound. The main point re the results will be the matter of contracts. I appreciate these things take time, but (mainly due to their own making) SEO now need to deliver. It matters not, in the short to medium term how sound the finances are, or potential orders, they will be judged on the question CAN THEY PRODUCE. If they can't the market will judge them and the price. The results will either way have a very big impact on the currant SP. All IMHO of course.
bosley
- 07 Jul 2006 15:16
- 17625 of 27111
pinnacle, twitching tends to occur when the sp falls from 31p to 8p .
Nealo
- 07 Jul 2006 15:42
- 17626 of 27111
Hello all - much has happened since I last posted in November.
I still hold substantial shares (2m +) - must confess that I sold some, and confess again that with hindsight I should have sold a lot more.
I am still in profit - but obviously no where near as much as might have been. Strangely enough - I still have confidence in the products of this company, would like to see the management team strengthened, but still feel that they could be a world beater.
My view a while back was that they had started to reduce the risk attached to this company - but without solid sales coming through, this stock could tetter on the edge for a while.
Good Luck all, dont expect big surprises with the Interims.
ptholden
- 07 Jul 2006 15:48
- 17627 of 27111
Significant expectation is being placed on the Interims to help push the SP along. Without some good news (revenue / sales) I feel sure that the support level of 8p is going to be breached, so I don't believe that it will teeter for very long at all. Hopefully, there will be some good news; with hindsight it is easy to see that management have been the biggest rampers of SEO and expectations all along (well, with the exception of PM1 of course).
pth
garypat2
- 07 Jul 2006 15:57
- 17628 of 27111
Hi all
Do not post very often,but enjoy the banter and reasoning on SEO.I know from a lifetimes experience in the farming sector that supermarkets in general have no respect for those of us working at the coal face.I believe seo will come good,but the revenue we expect for the end product will be much less.At present seo are probably having the fight of their lives to negociate any sort of worthwhile deal.These big boys will be screwing seo for all they can.
Good luck to everyone holding longterm
Garypat2
Biscuit
- 07 Jul 2006 16:03
- 17629 of 27111
seems to be some definite shorter activity on the BB's at the moment. new names popping up everywhere. Guess they're squeeling with the price being up. Smacks of desperation.
ptholden
- 07 Jul 2006 16:15
- 17630 of 27111
SP up?? You looking at the chart upside down Biscuit? LoL
ptholden
- 07 Jul 2006 16:27
- 17632 of 27111
Driver :-)
bosley
- 07 Jul 2006 17:13
- 17633 of 27111
driver, lol !!!
pinnacle
- 07 Jul 2006 17:37
- 17634 of 27111
Hello bosley-ok but it depends where your average lies between 31 and 8!
I like nealo hold a substantial number of shares and it would not take much to reach my average, however agree with greekman that everyone is going to hang on every word they say and come out with different views!!
My own business has been going 65yrs - not me!! - and we have to run very fast to what it feels is standing still waiting for decisions from customers - no-one wants to make a decision on their own anymore - too frightened and insecure not like the old days.
Also nothing can be done without a secure contract in place - suppliers to M&S operate without one - always have MS won't sign anything, so once you have them saying yes - you have another long wait to sign the thing - so nothing is there until it's signed.
Running any business these days is no longer fun and enjoyable especially if you employ lot's of people and have to deal with large customers who think that you should be a charity-if you were at least you could get your vat back!!!!
So bear a thought for the poor lot at Stanelco - believe me they are feeling the pressure and it will be even more when they have a contract in place - then we will all be saying How are they going to cope!!!
Good Weekend to all.
bosley
- 07 Jul 2006 18:14
- 17635 of 27111
pinnacle, i tend to agree with what you say, about things being tough when dealing with supermarkets. i said the same thing last year. we've seen just how cold asda can be when they dropped ferndale. there is no loyalty.