bosley
- 20 Feb 2004 09:34
oblomov
- 25 Aug 2006 10:59
- 19377 of 27111
On this question of finance, finance will be forthcoming if the prospects of deals is good. You either believe the prospects of deals is good or you dont. If you do, no problem - finance will be forthcoming and all will be hunky dory. If you dont, you may as well sell up now.
As it appears from the posts here that most are staying in, I would say most are optimistic that some good deals are in the offing.
stockdog
- 25 Aug 2006 11:06
- 19378 of 27111
It seems to me an appripriate funding solution would be an issue of convertible (redeemable) preference shares with a highish coupon (7.5-8.5%?) convertible at say 5p - or even 8p (the last issue price of shares). This should give all concerned (company, new investors and existing investors) what they want.
By the way, well done TFC - not so much "I told you so" as "I told you not to be so greedy". How like the French to kick men when they are down!
yours
chien d'actions
nyleve
- 25 Aug 2006 11:14
- 19379 of 27111
At least there is blue on the screen at last.
I bought SEO at 6/12/15 and 21p after reading about the company in Shares Mag.
Why have they waited till the price crashed from 30p to under 4p to tell us to "sell", does'nt give you a lot of faith does it?
Come on SEO, make em look silly and reward us faithful - or nutters lol
tweenie
- 25 Aug 2006 13:00
- 19380 of 27111
well , Call me stupid. (i've got a thick skin0.
i could'nt resist the price and dipped in, again, to average down price.
God I hope (for once) my timeings right.
i think a deal, a big promise, a rise and then possibly a placeing.
otherwise:
A kick up the arse from wife, a big sulk, depresssion and drink, lots of overtime and no holiday to disneyland for the kids.
lol
soul traders
- 25 Aug 2006 13:07
- 19381 of 27111
Al, I think your post 19343 talks a lot of sense - even if one can't predict exactly what's going to happen it has an air of level-headedness about it.
WaveyDavey, Your post 19342 on the other hand reminds me of all those people who lost a fortune in the dotcom boom and bust. "Even with all their problems, I can't see why they have dropped so drastically." ???!!!
Read the interim results - the company has net assets of 18 million and very little income, plus apparently endless problems getting its products to market. In spite of this it still commands a market cap of 35 mil, or twice its net asset value. It was heavily overbought, but has now lost credibility with investors, in spite of what I agree is a possibly bright future ahead of it if it can sort out its problems. The stock is now in the process of being sold off in a panic, hence the drop in value. You may think that the selling is now overdone, but there's no reason why it couldn't go further given the negative sentiment.
As The French Connection points out, you need to stay in touch with the fundamentals and have some idea of what the company is worth, otherwise a stock like this could cost you a lot of money.
I don't mean to give offence, and hope none has been taken - after all WDIK so please make up your own mind. Definitely agree with your wait-and-see policy.
tweenie
- 25 Aug 2006 13:15
- 19382 of 27111
st.
I think the major obstacles have been overcome- re-getting products to market. if everything that me and others are hearing comes to past (within next month) then all this will be forgotten.
As always DYOR. I've had plenty of practice wipeing egg off my face.
LOL
tweenie
- 25 Aug 2006 13:22
- 19385 of 27111
I think 10p would be a start.
LOL
(I would never dream of gloating) -- well not on this bb anyway :-)))))))))
Oilywag
- 25 Aug 2006 13:34
- 19386 of 27111
tweenie
There are some who would say that SEO is Disneyland!!
Lol(ling about)
The oily one
tweenie
- 25 Aug 2006 14:03
- 19387 of 27111
I think my kids would take a bit of persuading.
A wirlwind ride on the RF express or a walk through the STARPOL castle does'nt quite cut the mustard.
lets hope it does'nt become like DREAMLAND/area 51 and everyone denies knowledge or ownership!!!!
LOL
greekman
- 25 Aug 2006 14:16
- 19388 of 27111
Tweenie,
A brave man there, Gungerdin (if you don't know the saying, your too young).
Best of luck.
Mad Pad
- 25 Aug 2006 14:55
- 19389 of 27111
Zscrooge how did you manage to get todays IC yesterday?Time travel or bent newsagent?
Tonyrelaxes
- 25 Aug 2006 15:15
- 19390 of 27111
MadPad - He was confused between IC and Shares despite both mags printing their name on every page and very large on the front!
With that attention to detail, or quality of reporting, I remain circumspect as to his posts, both in content and motive.
Mad Pad
- 25 Aug 2006 15:24
- 19391 of 27111
Really, I havn't seen Shares but IC also has a buy recommendation for Party Gaming on the same page as its sell rec for SEO .Coincidence or what?
Mad Pad
- 25 Aug 2006 16:08
- 19393 of 27111
More to do with the fact of how all these mags feel obliged to follow the same "popular shares".
zscrooge
- 25 Aug 2006 16:12
- 19394 of 27111
LOLs gents! Notwithstanding, both mags have a sell recommendation (for whatever that's worth). My attention to detail occurred when this was being ramped in the 20s with a ridiculous market cap based on fundamentals.
Mad Pad
- 25 Aug 2006 16:33
- 19395 of 27111
Sell rec. in 2 mags and the price goes up.Time for a pint.
butane
- 25 Aug 2006 16:59
- 19396 of 27111
http://www.packagingnews.co.uk/newsproducts.php?category=Industry+News
Stanelco readies for restructure and revamps rolls
Stanelco is restructuring its business in preparation for the long-awaited roll-out of its Greenseal technology.
After 18 months as COO, former Sainsbury packaging executive Terry Robins is standing down. Robins is one of 10 departures, although the only one at board level.
Meanwhile, the firm has hired an interim sales director and an interim project director as it gears up for the UK and US launches of Greenseal.
According to Stanelcos CEO Martin Wagner, the changes mark a change of emphasis for the company. We are moving out of R&D and into commercialisation, he said.
Stanelco has also extended its exclusivity deal with Asda until the end of this year. The original deal was signed last May, however, during that period, further R&D was required as Asda requested the addition of a print station.
Wagner also confirmed that Stanelco is in talks with Asdas US owners Wal-Mart.
Robins will continue to work with Stanelco, but in a consultancy role.