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

@ 10 apples to a pint, thats a lot of hangovers, Alan.

1.38 billion pints, 5 pints per hangover = 276 million hangovers or approx. 6.13 hangovers for everyone over 18 in the UK!

Personally, I'd rather we continued to throw the food away - I dont think I could cope with the extra hangovers, current levels being high enough.

OB,
Re your 'delivering biodegradable packaging to customers to reduce the effect on land-fill sites'?
There have been several articles re ASDA and their green policies over the last couple of days. Some of them have gone along the lines of biodegradable packaging, although the main theme was relating to all aspects of Green Issues.
I just hope the end date for the extended exclusivity, brings some news (obviously hopefully good) otherwise the familiar posts re SEO's PR dept will no doubt take over the thread, with some justification.
No news is good news, in this case, will not give that impression.

Hi All
N.Ireland news this morning- West Belfast firm Delta packaging has completed a deal worth 50m over the next five years to supply McDonald with folding paper cartons .This company has already been connected with McDonalds in the past and this product will be distributed to Scandinavia,France, Germany and China.
Just imagine we may well have an announcement like that very soon,re Wrap 100,
certainly makes you realise how big a global player McD is for Stanelco.

MMs manipulating ,the SP going down on buys

The MMs aren't manipulating the price. The price is based on actual trades as this is a SETS/MM stock.The order book dictates the price. You also can't tell which is a SELL or BUY anyway with a SETS stock as they are matched bargains.

all prices are higher than the bid, i always thought this was one way of telling that it was a buy, and if price was based on actual trades then the SP should be going up

SEO is as you say a SETS/MM stock so yes it may be order driven, but the mm's can also influence the price through the order books. They can manipulate the sp.
If the buy order book looks heavier than the sell book it does indicate that the shares are in demand. The indications re sells buys are still there but as you say it is not as easy or clear cut to be sure.
As we all know each seller must equate to a buyer, but on most days one outweighs the other, showing that there are either orders out there that can't be filled or spare stock being held in the system. Level 2 gives very good indications (as long as you are watching the screen as the deals come in) as to if the trades are buys or sells.

Haystack can you explain then why then, when a few months ago I sold about 60,000 shares my broker had to go to the market to get a price?After all 60k shares even @10.25p isn't a lot of money,or does SETS only work up to the NMS whatever amount that is for SEO.Ideas on a postcard .

Because the stock is a SETS/MM stock. The MMs can still deal within the spread set by the order book. The basic spread is set by trades on the order book and not theoretical prices set by the MMs. MMs can put orders on the order book, but they are real trades.

its mm and sets
put your order in with TDW eg and you will get a quote or asked to send your order. this will then join the queue.

whether or not you can trade online depends on the order book.
if 50000 peeps are tyring to sell at 4p put YOUR order in at 3.99p. top of the queue

Exactly. The MMS cannot just set a price to cause buying or selling without an actual trade existing. They can quote outside the current spread and put an order on the orderbook thereby moving the price, but it has to be a real order and not just an attempt to influence the price.

Does that mean then if the SEO price is for example 5.55p and several people request a limit or Fill/Kill orders on for 5.35p then that will move the price down?

likewise if several people put a limit sell at 5.85p that will move the price up then?

It does move the price and those trades appear on the order book with the MMs name beside them. Of course if the trades are killed (removed from the order book) then the price will change back to what it was as well, if no other trades have appeared.

It is theopposite way round though on the order book. A spread of 5.4 - 5.5 is one or more people wanting to buy at 5.4 and one or more wanting to sell at 5.5

Cheers haystack, there's certainly more to trading shares than you think.

The next time there is a FREE trial of Level 2 on offer from MoneyAm then try it out. Look at SEO, EEN etc which are SETS/MM stocks and look at VOD, MKS which are just SETS stocks.

is that a pin dropping I can hear !

Oh dear, no mention of ASDA now anywhere on Stanelco's website :-(
What's everyone's take on that then?

Maybe news tomorrow, as I take it that today was the final day of the extension period.
Once the period has finished, I can't think of anything that could legitimately delay the published results.
With very low volume today, everyone appears to be waiting for the news.
Although I stick to my opinion that if the trials had not gone well we would have already been informed, I don't think we can take anything for granted.
I am not counting my chickens till I can either buy one greensealed, or from a takeaway wrapped in Starpol.

And what if ASDA don't want SEO? (which is what I suspect).

Me too and if the 1 year agreement started on 27th July 2005, surely it ran out on the 26th which = 1 year? Also if ASDA have broken all talks with Stanelco they might be legally bound to remove all mention of ASDA from their website?

I've sold most of my holding today as I've just lost confidence now in this stock and should have along time ago.