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

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.

From another site. The exclusivity period was extended by eight weeks from the first commercial implementation of greenseal...........
So anyone care to GUESS when it will end?

Still in for the long haul, best of luck to all those bailing.
No sympathy for anyone whose moaning.
it's your money and its your choice.
either you believe in this company or you don't.
wish I was more of a pessimist, but then again.....

angusrjy
I still have ASDA named on SEO's website under Greenseal, History of Product, as a PDF file, when I look at it this still appears at the end of the item:-

"ASDA, the UK supermarket company has seen the potential advantage for both
product quality and cost reductions for their customers and have negotiated a years
exclusivity on the technology for thermoform and tray lidding systems for Stanelco to
supply and where required, retrofit GreenSeal technology to their suppliers
equipment.

Every supermarket knows that a happy customer will return and well packed products
using environmentally responsible materials will assist in keeping customers happy.
ASDA have certainly recognised these facts and the ability of Stanelcos Greenseal
technology to assist them in their goal to Every Day Low Cost and Every Day Low
Prices.

Both Stanelco and ASDA Stores see GreenSeal technology as a revolutionarily step in
sealing technology for food packaging. Stanelco are putting a great deal of resources
into R&D to further improve what is being seen as the next step in food packaging
machinery."

Maybe all is not lost?!
kim

Re: Exclusivity extension.

Copy of my post from FYB

Oblomov
Posts: 581 Posted: 28-Jul-06 at 07:16 | IP Logged

--------------------------------------------------------------------------------

garyble wrote:
Managed to find this on MAM:

Wagner said: We were slightly nae thinking it would be easy to retrofit machines. We had to buy replacement machines in the end which took three months but now we are up and running. We will be placing the first contracted machine in the next eight weeks.


Thanks Gary,

Thats what I was thinking of in my post above, but couldn't find it. That was dated 10th may, so first contracted machine should have been placed by the 5th July.

I'm sure we would have heard about it if it had been, via an RNS, so presumably it hasn't been and the extended exclusivity hasn't yet even started.

Have they been 'slightly naive' yet again in thinking the first contracted machine would be placed within 8 weeks, or has something gone wrong?

Anyone also know any details about the Starpol / Greenseal trial with ASDA that started last December or any details about the 23 different projects they claimed to have been asked to look at by Walmart? On 28th Freb Howard White also said that "we believe that 2006 will be the year we commence full commercialisation of these technologies". Over half way now and nothing or no sign off.

I also recall something around MMF agreements being set up / signed by mid year but not sure if this was something SEO themselves issued or a BB poster, anyone know?

Dawall,mention of MMF'S in AGM statement of 2May but no dates mentioned.

"Start to commercialise" could mean absolutely anything....TRIALS comes to mind!