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

tweenie
Well said
meastro
FFS take Tweenies advice

Fresh tonight from the desk of Tom Bulford at Red Hot Penny Shares:


"In the case of Stanelco, they need cash from
financiers who are clearly sceptical. The falling share
price this week almost certainly means that the bankers
and City investors it must woo dont like what they see.

The lower the share price falls, of course, the worse
any new investment will hurt existing shareholders like
us. Our interests will come a distant second to those
big investors who might elect to put new money into the
company at this stage.

In short, Stanelco has turned from hero to almost zero.
I'm very sorry we didn't take the opportunity to exit
this share earlier. It is now heading for the fat
casebook of companies which failed to convert a terrific
technological breakthrough into shareholder profits. And
frankly, I cannot take the pain any longer.

I'm finally biting the bullet on this one. With my
humblest apologies, todays advice on STANELCO is to SELL."

whats the point in selling when its nearly zero...what a bufoon Bulford is...i'm buying big at rock bottom prices.. Tom needs to wise up

hold if you insist, but buy????? ..... Go see your analyst to sort out your compulsive S&M syndrome!

maestro - 21 Sep 2006 17:27 - 20151 of 20166

heard Ashley of advfn is buying big...no finer pointer

.............................................................

ROFLMAO

Guys, as I said months ago, I just dont get it and still dont get it. Take the loss and get your life back!

How many "I told you so's" can a person stomach??

According to the FT there is a rumour that an SEO cash call is imminent.

wow!...they must be pyschic...prats!

Alan - that at least has some logic and must surely be almost a no-brainer given the parlous state of the company and its admitted cash greed

meanwhile Times traders fill their boots before press article...seen it all before chaps

I heard talk also that yesterday was all about cash, but I cannot really confirm it.
Strangely this calms me a little.
If bda news is coming then please let it be about raising money. While ever the contracts I think are being discussed and the Asda stuff I know about is still going to happen, then, for me at any rate, its all just about time.
I have kept repeating not to buy in or buy more at the moment and that I am still in because selling makes no sense to me, given my own position, and this vindicates that. The really bad one would be that Asda had pulled out or the contracts had failed.
Thats the gamble for me, and I suspect many others. Still confident the medium term future is bright, even if there is a cash call.
Alan

surely a major cash call, which must be what is needed, could be almost as bad, diluting minuscule shareholders funds to effectively zero

We are presuming a major cash call, but that is not necessarily the case. SEO is using up cash, but we do not know for how long. T&G forecast profits for next year, and SEO claim pens poised over contracts. This could effectively mean a fairly small dilution for short term funding.
If the Asda - March thing is true, then they need 6 months cash without any further contracts, to see them earning. Thats about 2million.
Fairly insignificant. if however they need more, because things have stalled, then yes, we could be left with negligable holdings.
Alan

A dilution of say 50% with a 5 or 10 bagger shortly after is still far better than bailing, especially if the potential is still there and people believe it.

if such a small cash call for a very limited period, why call at all, when clearly it will need to be heavily discounted? ...... should be able to do such a thing through normal banking channels unless the banks have also had enough

Thats the point. We do not know any details, just that there is a rumour of a cash call.
For all I know (or the FT for that matter), the rumour is totally wrong, and SEO are about to announce a solution to world peace or a cure for cancer!!!
Yes the cash position is perilous and it is almost certainly right, but we do not know!!
Alan

The SP slumped 24% in one day. Should SEO release a RNS stating known/no known reason.

I think SEO is running out of cash soon...cash call will be next RNS

hyleo98

God, I think your powers of deduction are breathtakingly brilliant!!!!

Are you a member of MENSA?

The oily one