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

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

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.

oblomov, is the TB targets before or after the interims?
many thanks

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.

sellsell

it was before - he was on holiday last week.

ok, should be interesting to see what he has to say in his next update.

How far does the SP have to go down before some of you lot wake up and see what is happening (has happened)?

'If you disregard the finanical situation' Jeez, how the f**k can you disregard the finanical situation? WIthout finanical backing or firm orders the company will not be able to bring their products to the market place, plain simple fact.

From a personal perspective I am very bearish short term, but do agree that if they can start shifting their products then they will be a very successful company. At the moment they are not.

pth

Ptholden,
I think Haystacks post 17792, I fairly acurate.
1st part. "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".
Can't see anything wrong with that statement.

2nd part. "It is difficult to see where any optimism could come from now. Market sentiment seems firmly against them now".
Agree with the bit re market sentiment but I still see an optomistic view. But before anyone states that I am blindly following the company, as said earlier, they will have to produce soon as we can't live on prospects forever, no matter how good the products look in the pipeline.