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

Strong smell of burning here.

automatic agree with you and can't think who in the right mind would now finance them with only 7 weeks cash left, no contracts, no Greenseal installations. I also think the fact that nothing comes back from investor relations speaks volumes, almost as if they have shut up shop and are now awaiting the inevitable. One thing for sure though and that is issuing an RNS saying that contracts are in the process of being finalised and then not delivering (if that tuns out to be what happens) should be considered a very serious offence!

it would not be an offense; merely that the parties failed to reach agreement; nothing signed = no contract

automatic/dawall

You're both talking out you backsides, as usual. We were actually told 7 days ago that the contracts 'are in the process of
being finalised.' I'm sorry if this offends the more sensitive posters amongst us, but you are a couple of right prats as far as I'm concerned, deliberately winding people up with misinformation.

See RNS of 8th. September.

http://production.investis.com/seo/regnews/rnsitem?id=1157695280nRNSH6695I

Oblo,

Beat me to it. Although I think some posters' frustration does occasionally tend to skew the facts a bit.

I bought some more this morning, realising about 12% on the tranche I sold a couple of weeks ago, I was hoping for 25% which I would have got had I held on till this evening.....never mind, at least I've made a gain {on number of shares}.

Time is very near to hear what the future has in store for SEO!

Oblomov
I used the word finealised instead of advanced, i do apologise for that, but i don't think i am a prat for putting my thoughts on this BB, i know you and others think the sun shines out of SEOs backside, i did once, i was quite confident, but not any more, i still hold SEO only because i have left it to late and not worth selling. I suggest if you think i am a prat (as always) then you best not read what i post, not trying to wind anyone up and i don't think name calling does any good at all,all you had to do was correct me
regards

Just thought I'd add my thoughts, for what they are worth.
Firstly when i read the word finalised in the same sentence as contracts, it always conjures in my head the vision of two fat cat decision makers shaking hands and saying, "My people will call your people to do the legal bit". Rightly or wrongly, its what I think probably applies here. SEO and client both want it and they have agreed. Its the quirky legal bits that are going backward and forward, not bad selling or management.
Remember we are talking about licensing agreements, not a one off capital purchase, so legally it is a minefield. Also if it is with our cousins across the pond then there will be negotiations on jurisdiction to contend with and they are always a barrel of laughs.
On the issue of somewhat heated debate (of which i am as guilty as anyone), I don't think a single genuine poster on here has any issue with any valid or reasoned comment, be it pro or anti. The real issue, and what has caused tempers to flare is the tone, and the self proclaimed taunting.
if the only post anyone can make is to say....Ooohh hasn't the sp dropped, then they deserve the robust replies. If people make posts that are designed to confuse The facts or simply bait others, then they become a valid target.
Please lets keep it real. I take no joy in seeing anyone other than the taxman lose money, I cannot understand why anyone would, but if you do, keep it to yourself, or be prepared for a lot of posters spending several decades reminding you how wrong you were, if SEO do fulfill their potential.
Alan

and if those who predict the apocalypse are proven to be correct, do all those who proclaim from the mountain top that SEO will not only survive but bring heaven on earth, propose to grovel and wear sackcloth and ashes for decades? ..... i would doubt it, and thank goodness for that

Thats what I mean about posting with intent to bait.
I do think SEO will survive and deliver to some degree.........but almost every post I make entreats people not to buy into this because of anything I write, and I also labour to admit the possibility that I am wrong. I do not claim to be as perfect as you and so I always provide for being wrong. having said that, my posts are based on my research (and that of others) rather than just an opportunistic taunt.
If I am wrong, I am ugly enough to admit it and move on. But there again, I have not devoted my time to baiting others. Yet.
Alan

Before I start. Please DYOR, don't believe a word i say. It's your money etc

Today, will result in me burning several bridges , but the result is i'm happy to hold.
Did some visiting, saw greenseal being fitted, spoke to Men in suits and no- one other than me was worried about seo's cash position.
I won't be buying more shares as 1. I have no spare cash, 2. I have a very substantial holding already. 3. Still believe money will be made LONG TERM- so have plenty more buying opportunity.

Off Now to dinner with My new best ex-friends.
DYOR-(in the north , the grass is greener)

For those cynics, All i can say is , you might know the price of everything, but you know the value of nothing. Please also see first line.
:-)

Glad to read it tweenie.
Looking ahead. ;-)
Alan

Gentlemen,

Having lost a HUGE amount of dosh on Stanelco this year, if I may add: Surely it is now time to call it a day here? Not intended as a sour-grapes deramp but merely an observation as I have watched from a neutral [now!] standpoint and seen the the sp drift lower and lower, week by week, even after I had closed myself. What is the point in holding a stock like this whos management have lead us all astray, have not done what they said they would do and who, if as it now seems, will almost certainly have to raise more funds just to survive for a while longer?

markus,
understand the observation clearly, but research that you will not find on this board gives quite a few people confidence that when the sp does move north, it will do so at a hell of a clip, and holding on now at this price is probably better than risk selling and then trying to get back in. Its a case of playing the hand you've got, and if I were in a neutral position, then I would certainly not buy at the moment.
On the subject of a management making promises and then not fulfilling them, perhaps they have had a change of heart as well as a change of management at the redundancy stage. The RNS we have had since then certainly suggest that.
Anyway, keep an eye on this. it may benefit you. But as with any stock in the world, there is always a risk.
regards,
Alan

tweenie

I am intrigued. The visiting you did and the greenseal you saw, was that at Stanelco's office in Southampton?

If so, how on earth did you manage to arrange that. Green with envy!!!

The oily one

OK, Alan. fair point. To be honest, I was half-expecting some abuse back from my post, above!
Anyway, yes it is still on my watch list. Wish you all well, of course.

....Ooohh hasn't the sp dropped

aldwickk

We can all see that. And your point or purpose of your post is ........ ???

The oily one

thank you Markus .... abuse from me you will not get, and nor for that matter will others who vehemently disagree with me, albeit that they hide behind "DYOR" and similar

For someone to post,

" We can all see that. And your point or purpose of your post is ........ ??? "

Childish!

The oily one