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

maestro

To put it very politely your posts are ridiculous rubbish without any foundation and pure extravagant and unrealistic figments of your over active imagination.

For the sake of reason and balance and fairness to all whether bullish or bearish on this stock, cut it out.

And don't reply with "I have a right to post my views" rubbish.

The oily one

maestro- stick to 9/11 being a conspiracy.
More people might believe you.

Placing of New Ordinary Shares: 2nd June 2006

The Board of Stanelco plc, the radio frequency (RF) applications group, is pleased to announce the conditional placing by Teather & Greenwood of 46,939,939 ordinary shares ("New Ordinary Shares") at a price of 8.1p per share to raise approximately GBP 3.8 million (approximately GBP 3.7 million after expenses).

I am not sure but does the article mean that some investor has invested 3.7 Mn?

No, Teather & Greenwood could have placed them with one or more investers,
its old news and any list would now be outdated.

Thanks ST.

Whoever bought the placement has probably sold the shares and this may explain the continued fall. Investors who buy into these placements often plan on unloading the stock pretty quickly.

Pension271, Aldwickk is right. The placement shares would in all likelihood have gone to a number of institutional investors following a roadshow or series of presentations to existing holders and possible newcomers.

The RNS should not be taken to mean that only one investor bought the whole lot.

The current major shareholders are as per list below, assuming my online broker has up-to-date records.

Stanelco PLC
Major Shareholders

Shares in issue: 996.3m 0.1p Ords
Major Shareholders Amount % Holding
Age of Reason Foundation 217,078,122 23.12
Richards & Appleby Ltd 73,371,681 7.82
Barclayshare Nominees Ltd 60,892,255 6.49
Waterhouse Nominees Ltd 35,969,831 3.83
L R Nominees Ltd 31,507,514 3.36
FMR CORP and Fidelity Int Ltd 29,348,700 3.11

Other Directors Amount % Holding
Philip Albert Lovegrove 4,577,083 0.488
Ian H Balchin 1,640,000 0.175

= Director


FWIW: Funnily enough, with the exception of Fidelity, who buy almost everything but usually make it pay handsomely, there are no names on the list that I would recognise as institutional custodians - i.e. those that look after the assets of pension funds. I take this to mean that most of SEO is in the hands of PI's and that institutional shareholdings are small and spread thinly, hence the representation of the "nominees" accounts.

Perhaps somebody could comment on this view and correct me if I'm wrong. In any case there are few holders of more than 3% of SEO's stock. If I was at work I'd see if my firm was carrying anybody's SEO shares, but I'm not so I can't.

Just a thought, don't take it too seriously.

robinhood

Could you please quote exactly what Shares Magazine said about Teather & Greenwood forecasting a profit of 1.3m for Stanelco for 2007.

Thanks

The oily one

Oilywag: quote Teather and Greenwood is forecasting a breakthrough to profit of 1.3 million next year for a PE of 37, assuming Greenseal's technical problems are finally solved and sales begin unquote

Oilywag, FWIW you should be able to access the whole article from the "Shares Magazine" button at the top of this webpage. You can then download whole pages of Shares mag in PDF format. Or do you for some reason not have access to this feature?

ST - You can only download articles from Shares Magazine if your subscription to MoneyAm allows you to do so.

RH - ' a PE of 37 ...' Are they serious? Most in the sector are trading on a PE of 13-15.

SF - thanks.

I too thought the PE was on the high side, but that must have been calculated when the SP was around 5p. The question is, when will 1.3 mil profit (or any profit, for that matter) become a reality? If SEO goes profitable, the PE and SP will take care of themselves.

Thanks robinhood.

soul traders I am not a subscriber to this part of MAM's service or to Shares Magazine directly so I can't download it.

The oily one

Oilywag

This was Shares readers favourite share when we carried out a survey a few months ago. We tipped it at 5p 2 years ago before telling readers to exit in May at just over 12p
The snails pace progress towards commercialisationof their Greenseal packaging , plus its cash burn and 3rd change of broker . were discouraging. but at current levels the shares look a much more attractive. T & G is forecasting a breakthrough to profit of 1.3 mil next year for a PE of 37, assuming Greenseal's tech probs are finally solved and sales begin.
Dave

nyleve

I assume from your post that you either work for or are in some way connected to Shares Magazine.

Where did you (or the magazine) get the information from in order to come up with a figure of 1.3m profit? Did anyone get specific information direct from the company on which they based their figures?

The oily one

whose still in and if its not too rude a quastion for how many shares.
Me- just under 1.5M

tweenie - I am about the same as you

Just a thought, is there any official time frame for the sale of the Cigarette filter, there could be a reasonable income from this sale which may just tide the company over until sales of Starpol etc kick in, it would possibly remove any need for a fundraising. just looking at possibilities.

Nick

Oily - my reading of Dave's post was the same as yours at first (i.e. employer at the mag), but on thinking about it, I believe that he has just written down exactly what the piece in the mag said. Quotes would have made it clearer.

.