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

obo,

sorry to hear that :-(

As I am for anyone else with realised or potential losses (errr, including me!!)

But that's life :-) It's only money when all said and done.

pth

pth,

I'm not worried yet - its not over till the



sings - and I cant hear her singing yet!

Hey, Oblo, I can assure you that PTH has suffered big-time on Stanelco. But he took it gracefully and was hardly mentioned when we played golf the following day (in 2005). Sadly I did not learn from Peter's experience nor did I heed his advice. Hence my losses are mid-way between yours and his - which, like a complete t****r, I had not planned for. But life goes on...

Why do people average down on a stock that is falling so fast. It is very dangerous and somewhat pointless. Why not buy another stock that you think has more potential. The effect is the same except all your eggs are not in one basket so you have spread the risk.

The biggest thing that's worrying me is if they have to raise new finance via another placing, to raise any serious amount of money they would have to issue millions of shares at the current price, that's gonne dilute everyone's share holding to the point where if Stanelco do become profitable they are gonna have to sell S**t loads to bump the share price up to anything like the dizzy height of 30p. If they need more funds I only hope they think of us shareholders and go down the loan route or bonds. I've had major losses also on this share but am prepared to hold but if there's another placing I'm gonna dump ASAP.

Haystack
There is nothing dangerous about averaging down they are not real knives you are trying to ketch just money you might be throwing away on the other hand it could give you a heart attack at some point so are half right. Averaging down is a good way of getting your money back quicker as long as you get the bottom right.

Looks like nothings changed and SEO's management are still spurting the same old......

"Chief executive Martin Wagner said: 'The board is concentrating its efforts on converting opportunities into commercial contracts. It is confident that the strengthened management team will bring expertise, energy and commitment to meet these challenges.

'We have developed strong partnerships and key relationships with leading organisations'

The company said being selected by Wal Mart to be involved in its Sustainable Value Network provides it with an excellent platform from which to explore the future packaging requirements for retailers."

Lets hope the Sustainable Value Network isn't WalMarts take off of Tescos Value, if so you can be sure all profit has been squeezed from manufatures to make the product consumer cheap!!

i like many am now sitting on a loss re this share.
I'm a lazy/greedy investor and I have nobody to blame but myself for the predicament I find myself in.
Should I sell at a loss.
errrm NO , i still believe in the products , and believed it would be a long term investment...so although unhappy with sp am happy to hold and see what 'jam tomorrow' brings.
unless the company goes bust-which I can't see, I have'nt really lost anything until I sell, if i believe in the company's potential.

i think the company is due the share holders some true facts at the agm loads of jam tomorrow.now sorry no bread left come on bad news or good lets have it

some of the comments are not justified. I have lost over 150k in seo and feel the pain, but anyone who invests in companies that are bringing a new product to market must be dreaming if they expected no delays or hiccups. Asda are still 100% behind GS and will push the major suppliers to implement GS. And if they are demanding rigorous testing then i am not surprised, as they are paying for the machines. Mr Duggan states that there are no problems currently with GS and they are running perfectly in testing and all previous issues have been resolved, so i see that as a positive. When i mentioned WM,Perseco and macd's, he said they did not want to repeat old news which they could not update, so did not mention it. Yet a lot of investors are demanding to know why certain items were missed out. Yes the funding is definately an issue, and i would like the directors to buy stock, to show confidence to its shareholders. The Asda statement will have to be clarified next week as the exclusivity runs out on the 27th, and no doubt will be extended. By the way,rang seo to speak to mr Wagner, but he had returned from his holiday with food poisoning!

"...150k"!! Do you really mean GBSterling or Volume (above), Ssanebs?

Jeez, and I thought I was having a bad day - I don't feel too bad now!!!!!

yes

'Continued progress towards commercialisation of GREENSEAL technology with
successful trials completed with 3 major food packers'

Does anyone know how many machines these 3 suppliers are likely to have?

I know we were promised (?) 200 conversions via ASDA, but did we ever know how many packers those 200 machines were spread amongst?

I'm hoping someone will say '4 packers' rather than '200' !!!

Anyone remember all the problems james Dyson had getting his revolutionary vaccuum cleaner to market? The stupidly large amount of cash he had to borrow, the time it all took and the legal battles he had to fight?
Hands up all those with a dyson vac.
Thought so.
Just to balance the argument he also did a revolutionary washing machine that cost millions to develop and looks like a flop.
Alan

Aren't most washing machines 'revolutionary' Alan?

lol

Al
I havent got a dyson vac cant afford one.

i haven't got a dyson , either. i did buy something that works like a dyson but isn't a dyson and costs a fraction of a dyson . and it's purple...... just in case anyone was wondering what colour it was .......... not that it matters .......... but, you never know.

FTR, I haven't got a Dyson either.

I'm a little worried about Alan's analogy. Is he saying SEO are in/ going to end up in a vacuum!?!!

Joking apart, not only can I remember the trouble Dyson had, I'm so old I can remember the trouble J Edgar Hoover had, which is why they named a 'Dam(n)' after him.

How can that clean your floor anyway. Al must have big muscles lugging that up the stairs.

My actual loss is less than 100k, but the lost profit is in the region on 250k. Very disappointed, but see significant potential, just depends on whether the management are honest and have the ability to finally deliver.

Does anyone know if the likes of Grampian, Hitchen etc have a significant number of machines 100% dedicated to ASDA. If they haven't, could there by a double benefit: ASDA get green and reduced cost GS packaged goods, others see no cost benefit for a period of time, the packhouse sees increased margins to others for said period?????

PS: I own a Dyson.....Its very good and well worth it.