bosley
- 20 Feb 2004 09:34
markusantonius
- 16 Jul 2006 22:46
- 17781 of 27111
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.
oblomov
- 17 Jul 2006 08:10
- 17782 of 27111
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.
greekman
- 17 Jul 2006 08:30
- 17783 of 27111
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.
Mad Pad
- 17 Jul 2006 11:23
- 17784 of 27111
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!
oblomov
- 17 Jul 2006 11:45
- 17785 of 27111
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!
Haystack
- 17 Jul 2006 11:48
- 17786 of 27111
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.
oblomov
- 17 Jul 2006 11:51
- 17787 of 27111
Ramping RNS's more like!
Haystack
- 17 Jul 2006 12:11
- 17788 of 27111
Yes. That as well.
dawall
- 17 Jul 2006 12:12
- 17789 of 27111
How do we know that Fidelity have not sold? Can anyone confirm whether they would have to issue an RNS or not?
dawall
- 17 Jul 2006 12:16
- 17790 of 27111
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.
bosley
- 17 Jul 2006 12:31
- 17791 of 27111
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.
pinnacle
- 17 Jul 2006 13:01
- 17793 of 27111
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.
Haystack
- 17 Jul 2006 13:24
- 17794 of 27111
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.
bosley
- 17 Jul 2006 14:21
- 17795 of 27111
cheers, haystack, fair comment.
ptholden
- 17 Jul 2006 14:43
- 17796 of 27111
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
oblomov
- 17 Jul 2006 15:54
- 17797 of 27111
dawall,
TB has SEO on hold, buy limit 16 target 50. An update shortly is promised.
I dont see how you can say he's got it wrong yet - a trading loss wasn't unexpected and was of the level that could well pale into insignificance if Greenseal, Starpol and Wrap 100 come good. The time to say he got it wrong is if the company goes belly up, which is a long way off.
SEO are a tiny company who have come up with some major globally important innovations. Throughout history whenever this has happened to an individual or small company there have been financial problems bringing the product to market. What we're seeing is nothing new.
If you disregard the current financial situation the future looks very rosy indeed. The necessity of more backing has been there for some time - TB had predicted it before the interims. It will come from somewhere and will be all the easier to find at current SP levels.
This share can still go somewhere, IMO.
sellsell
- 17 Jul 2006 16:01
- 17798 of 27111
oblomov, is the TB targets before or after the interims?
many thanks
pinnacle
- 17 Jul 2006 16:02
- 17799 of 27111
oblomov,
At last an opinion worth reading and correct.
Apart from anything else the current situation is not beneficial to any share on the market, and as a result presents opportunities not just for private investors but for predators and institutions who have foresight.
The whole world has a fixation about biodegradeable products - how can stanelco not benefit from this!
Do some think that the main shareholders want the company to fail - it will succeed and will take time - that's the problem with some of the very small shareholders - they haven't got time-they want it now!!!
Well you will just have to wait.
oblomov
- 17 Jul 2006 16:07
- 17800 of 27111
sellsell
it was before - he was on holiday last week.