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

Still long, but at a loss {pardon the pun} as to why. Enthusiasm for this has ebbed away and although I believe the potential will ventually be realised, mis-information and missed deadlines have significantly eroded the otherwise attainable heights.

Intersting point:

0.6m invested in R&D, 0.5m increase in stock, 1.2m capital expenditure = 2.3m = LOSS

PS: PBW, sorry to hear your bad news.

.edited.

SORRY,

Wrong interim. The SEO website has not as yet been updated so read 2005 interim by mistake.

TYPICAL!!

garyble

Was that statement you quoted in the Interim report? Excuse me asking, I dont have time to read the whole thing again as I have something urgent to attend to.

Will look at the BB tomorrow morning to see if you or anyone else has answered.

The oily one.

Oily,

I amended the previous post. I mistakenly read the 2005 interim thinking that the SEO website had been updated. Didn't read too far before posting in error, and on reading a few lines further, the penny dropped. You can porbably tell how desparate I am for some good news.

Apologies.

Paperbackwriter,

Wish you and your family all the very best. It does put investment matters into context and like I said on Friday to the guy who initially steered me into Stanelco: I am not in a warzone, an earthquake, a Tsunami or a food queue in Ethiopia...

Learned a lot about myself recently and just how lazy and totally undisciplined I actually am having broken all my own investment rules en route with this pile of ***p! So Life goes on.

Just back from trip overseas. Bloody hell!

Dont think this has been posted before - apologies if it has.

http://www.hemscott.com/news/comment-archive/item.do?id=10123

PPB - ditto the messages to you and your family. Be strong, I'm sure you'll all come through.

It has been stated..... Will Seo be putting out an RNS regarding the end of the Asda exclusivity on July 27th.
As this date statement was very important and could have strong influence on the sp, I feel under the LSE rules, they will have no option but to put out a release.

The sp must bottom out on the value of the patents if nothing else(less liabilities)?Anyone have any idea what this price might be?If stanelco are failing to bring these products to market maybe its time somebody else tried,or perhaps they are waitng to buy them(the patents) off the liquidator!

Mad Pad,

Very few granted patents - mainly applications only ( as I pointed out a while back to much abuse!). Pretty worthless unless they reach grant.

The real test now, IMO, is whether SEO can raise the extra cash needed to keep going!

Ssanebs said in an earlier post goldman sachs are looking at seo at these lower levels as a possible investment and may join fidelity with a stake.

If there is any truth in this and it comes off, it will bring confidence back to the market. SEO need a big credible investor right now - preferably from within the packaging industry. If the products are any good, I would expect them to be queueing up to buy in.

I note the sell-offs at present seem to be small investors. Thats encouraging - if the likes of Fidelity dump any stock itll be Will the last person to leave the factory please switch off the Greenseal machine!

This is just another over-ramped stock that has had to face reality. Gullible investors have been duped by ramping posters. There is little to support the share price now. The end looks not far off.

Ramping RNS's more like!

Yes. That as well.

How do we know that Fidelity have not sold? Can anyone confirm whether they would have to issue an RNS or not?

Does anyone know if Red Hot Penny Share's Tom Bullshit (who apparently has met with SEO management) is still buying upto 25p, has he changed his mind to sell now (for a 2nd time) or is he just refusing to comment given the fact he has got this so badly wrong a 2nd time.

well at least we now know why none of the directors bought any shares. they obviously knew the sp was way over-valued!! glad i got out when i did. keeping a close watch as it may be worth dipping a toe back in soon. or maybe not .......
haystack, do you really feel the end is near? historically, there is plenty of support at 4p.

The support comes from a time when there was optimism and prospects. It had been stagnant for a long time before that and a lot lower previous to then. It is difficult to see where any optimism could come from now. Market sentiment seems firmly against them now.

I am amazed at the extreme views being mentioned.

If you all examine the accounts carefully - the situation is not as grave as all would think.

eg. close relationship - not just a relationship

When the exclusivity agreement runs out, other retailers can use greenseal - it makes far more sense for the packers to supply all as opposed to just asda.

The logistics of packing for just one customer is a nightmare - far better for all.

The Goldman Sachs comment didn't have to be said - so if true who would they be buying on behalf of?

Finally, if the price can go from 4p to 30p on conceptual ideas then what can it do on deals.

Have faith and take the opportunity to average out.

What assets have they? Good will and other intangible assets come to around 20m. The net assets after liabilities (14m) are about 18m. So their net assets are effectively made up in reality of goodwill and intangible assets. They made a whopping loss of 2.3m in six months.

cheers, haystack, fair comment.

Actually Haystack, your comments at post 17792 demonstrate a pretty fair lack of knowledge of how the SP got to 30p and the timing. You really should do a little more research before making sweeping comments!

Whilst the SP was bumbling along at 3-4p the present product line was very much in its infant stages, the company having transformed from a completely different animal. What went before then with regard to the SP is irrelevant. With this fact in mind I should think that 3-4p will offer support, for how long remains to be seen.

However, you are right in some respects, the SP has been over-hyped, as much as by SEO as by anyone else and it will take some significant contract wins before investors trust them again. At the moment there is not much comfort to be had from the current state of business and I would advise anyone (FWIW) to watch and wait before trying to catch a falling knife. You might miss the initial recovery, but then you could save getting burnt.

pth