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

Fred,

I agree, its a joke thread. '' my contact at ASDA, no his at Sainsbury or Tesco, maybe the Co op.''

If you feel this thread is a joke why bother to participate?

Why do people, such as Fred1new and aldwickk, post on aboards? They do not contribute any factual information and appear to hate, yes hate the poster's they constantly attack. I have learn't a lot from this board, obviously, you have to accept some information may not be totaly accurate, but the poster generally will admit there may be possibility of this. What I find annoying is the fact that these boards provide information gleaned, often by constant research by dedicated people, only to have their efforts ridiculed and maligned. I have not posted before but felt compelled to do so. My concern is that the informative and genuine posters such as Alan will just get fed up with these attacks and move away, if they do what will then be the standard of this board?, it will be dominated by the likes of Fred1new and aldwickk. Is that what members' want?

Regards to all genuine and appreciative members


knol

Thanks Knol.
Bit more info for you all.
Several weeks ago I posted that Asda were concerned over transportation issues. This I gained from my contact at Asda. I believed (wrongly) that the issue was the transportation of Starpol and its ingredients.
Today Asda have reported their latest pilot scheme to be one where local farmers collect their produce at one farm, package it and deliver it to local stores, reducing road mileage by 6000 miles a month. That was obviously where the issue lay.
That fits with my mention of Yorkshire Fresh produce, whom I have never heard of and mistakenly guessed as being a left over from the Associated Fresh Foods days. I am now of the opinion that it is more likely to be a local collection of farmers preparing to do exactly what is being launched in Cornwall.
Could still be wrong of course, but it seems to fit nicely if you read the Asda news.
Alan

For you doubters I am told my potential source works in Holborn,do Sainsburys have an office there? and she deals with many packhouses.

Sainsburys HQ is in Holborn, I believe Mad PAd.

P.S.

http://www.luxmoore.co.uk/commercial/sainsburys.html

knol,

I frequent three BBs and this is by far the most informative and mature. A year or so ago, the likes of Alldick and Fred1view would have simply been ignored or got short shrift.

In short, those elements if entertained would turn this BB into a mirror image of ADVFN's.....I know which I prefer.

I am willing to look at both sides, but admit to still being optimistic re: SEO's prospects or else I would have bailed a while back.

REG-Stanelco PLC Additional Listing
Released: 14/08/2006



RNS Number:6197H
Stanelco PLC
14 August 2006

Stanelco plc (the "Company")



14 August 2006



Additional Listing



The Company will make application to the UK Listing Authority and to the London
Stock Exchange for 10,313,067 new ordinary shares of 0.1p each ("Ordinary Shares
") to be admitted to the Official list and to trading on the London Stock
Exchange ("Admission"). It is expected that Admission will occur on 18 August
2006. The new Ordinary Shares are being issued pursuant to the exercise of
options under the Company's EMI Option Scheme by a number of employees in
respect of 2,306,662 new Ordinary Shares. The remaining 8,006,405 new Ordinary
Shares are being issued in respect of subsequent consideration shares as
specified in the Sale and Purchase agreement dated 3 June 2004 for the
acquisition by the Company of Aquasol Limited.

I have been looking back through SEOs announcements, RNSs, and Accounts Statements and noticed more about Terry Robins's departure that had not been picked up on until someone read Packaging News last week.

Comparing the list of Directors from the Y/e 31Oct05 report and the Interims to 30April06 I see his name has indeed gone. Those Interims, dated13July06, includes the following on page 4 :-

"Board Changes
The Board has been further restructured and strengthened. Clive Warner has been
appointed as our Finance Director, bringing considerable commercial experience
to the management team."

Funny they report that, but not that their Chief Operating Officer had ceased to be a Director which had clearly happened by that date. Is his departure part of the "strengthening" they mention?

This is, I believe, the first Board Change not to have been subject of an RNS.

A sceptic could be forgiven for thinking SEO wanted to keep it as unnoticable as possible. Either because it could cause investor disquiet in itself or possibly TR had brought nothing to our company?

Hmmm............

Robins was also the only Director not to attend the AGM on 2 May. No mention or explanation was given for his absence.
So maybe his departure was even before then.

TonyR,

This is an extract from the Annual results:

"An Executive Management Board has been established to manage and supervise the day-to-day activities of the Group and as a result Terry Robins, Robert Duggan and Graham Whitchurch have been appointed to this body"

Were the other two mentioned above present at the AGM?

Maybe, as a director, he was on a fixed term contract, and his appointment term was in the original RNS when he was appointed, but I aint going back that far!!
;-)
Alan

Garyble.
Ahh, got it! thanks.
You quoted from just above where the Chairman said (on 27 February06) the 3 directors had resigned the Board.

Sorry folks - I am just getting too suspicious and seeing shadows that are not there!

I really hate afternoon RNS's.
i always feel they've got something to hide and us poor muppets have been led up the garden path in AM.
Anyone got any views re the timeing of this share dilution?

No,especially as its only about 1%.I feel there are far more important issues to be addressed at present such as those being discussed by the more mature members of this board.

The share dilution is interesting in one respect. We knew all about the issue for the purchase of Aquasol, but 2.3 million shares (approximately) are the exercise of options, for the benefit of staff.
It would be very interesting to know when these options expire and what is the exercise price. If they are dated for expiry very soon, then that is not interesting. If they are dated for expiry long into the future, why exercise them now? what is the price on them? At this sp then there is nothing to be made on turning them straight around. Even if they were issued at 2p then the most that could be made is about 60000 before taxes and costs.
if the one exercising them expects bad news, that may be all they would hope to make.
I would love to know that exercise price and date.
Alan

alan

the options, could they be part of the redundency packages.

Very possibly, Jim. Its a good point you make.
I would still like to know who has exercised them, for whom and at what price, as I feel it odd that options are exercised when the sp is at its lowest ebb and the future looks very unclear.
I can make a case for exercising them and flogging them on quick if there is a major problem and the future is bleak. I can't make a case for exercising them if good news is around the corner, unless they are about to lapse.
Infuriating that we do not know.
Alan

I think it's, we giving you a generous number of share options as part of your redundency package, but cannot cash them in for a year. (Keeps cash in the bank).