bosley
- 20 Feb 2004 09:34
G D Potts
- 13 Jul 2006 15:19
- 17671 of 27111
so make or break for the Sp or will it carry on as normal?
greekman
- 13 Jul 2006 15:22
- 17672 of 27111
McDonald's Expands its Meat Menu
USAgNet - 07/13/2006
McDonald's Corp., Oakbrook, Ill., will begin selling snack-size chicken wraps in late July in an attempt to spur U.S. sales.
McDonald's tested the wrap for six months and plans to start advertising it in late July.
I wonder if they will be using an SEO product.
http://www.wisconsinagconnection.com/story-national.cfm?Id=1340&yr=2006
hewittalan6
- 13 Jul 2006 15:50
- 17673 of 27111
Hi all,
I'm back from my hols, so SEO can release the interims now.
I'm what they have been waiting for!!
Alan
ssanebs
- 13 Jul 2006 16:12
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i can confirm seo results are tomorrow!
pinnacle
- 13 Jul 2006 16:15
- 17675 of 27111
Greekman,
It's the actual tortilla thay have been testing NOT the stanelco wrap which is for burgers!
Sorry about that!
Let's hope tomorrow signals a bright future
hewittalan6
- 13 Jul 2006 16:51
- 17677 of 27111
Gonna become a farmer, Driver.
I have that many pigs at the moment, an EU subsidy is my only chance of a profit!!
Anyway. At least SEO can release the results now I'm back. Sorry to have kept you all waiting.
Alan
greekman
- 13 Jul 2006 17:11
- 17678 of 27111
Pinnacle,
It does say "tested the wrap for six months". Have you anywhere I can find clarification, that the testing was for the contents, ie the tortilla's. Remember it is only just over 6 months that they announces the landmark co-operation deal with Perseco and their (Perseco's) most notable successes have resulted from their long-standing role as packaging and supply chain coordinator for the world's largest restaurant system, McDonald's.
Also on the 25th May last, WRAP 100 received US FDA approval.
What with these two indicators and the delay in the interims being released, it looks too much like a coincidence.
Obviously the above is conjecture on my part.
ptholden
- 13 Jul 2006 17:18
- 17679 of 27111
From a TA perspective 8p support has now been breached. Next support level is 6p. If the Interims do not contain some good news tomorrow, that's where it's going and probably 4p thereafter. If the Dow has another bad day today, the FTSE will probably follow suit tomorrow and any good SEO news may well be lost in bearish sentiment.
pth
pinnacle
- 13 Jul 2006 17:27
- 17680 of 27111
Greekman,
A tortilla wrap is a food item - the article states that this item has been on trial.
The word wrap is what is confusing - wrap for stanelco is the item used to wrap the burger - a tortilla wrap - the wrap here is a food item that wraps the product inside, nothing to do with stanelco I believe.
I like your reasoning but it's just coincidence.
Does anyone know why today there are more purchases than sales and yet the price goes down!!
greekman
- 13 Jul 2006 17:30
- 17681 of 27111
I agree that the market will be effected by the Dows close, but unless the world blows up (not beyond belief now days) the SEO price will rest on the results. At least the guess work will be over tomorrow. I think there will only be two outcomes. A good set of results showing real hard nosed progress (contracts) or a bad set. If it's neutral, I think we will all treat it as bad. So in my opinion, it is make or break time.
Pinnacle,
Re the sp drop, I think it's just following the bad slide on the day of the market, plus the currant price of the Dow.
Fred1new
- 13 Jul 2006 17:31
- 17682 of 27111
Perhaps, the directors are selling behind the scenes.
The amount maybe be announced later.
greekman
- 13 Jul 2006 17:33
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Fred1new,
I don't think they dare, re a closed period.
Biscuit
- 13 Jul 2006 17:36
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greekman
- 13 Jul 2006 18:32
- 17685 of 27111
Biscuit,
Yes a good point, re the late updating on the website.
G D Potts
- 13 Jul 2006 20:06
- 17686 of 27111
I think its quite obvious that they were not testing an actual wrap like SEO's greekman but a food item and trialing it to see if people liked the taste before comercially sending them out.
However, Tortilla wraps do need wraps like SEO's and so maybe...
greekman
- 14 Jul 2006 07:15
- 17687 of 27111
Results neutral on first look. Promising well for the future but nothing concrete. Still a believer in the products, but I feel the majority of private investors will loose heart. Disappointing.
Biscuit
- 14 Jul 2006 07:18
- 17688 of 27111
No mention of the trial with the major fast food restaurant
greekman
- 14 Jul 2006 07:22
- 17689 of 27111
At least if you look at the 'Holders in Company' releases yesterday, they obviously have faith, with 75,438,400 shares acquired.
But as you say no additional trials mentioned.
angusrjy
- 14 Jul 2006 07:29
- 17690 of 27111
Thats a frightening rate of cash burn for the six months! Looks like they will need another fund raising a this rate :-(