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

On FT.com today:

Stanelco may scale down rescue rights
By Robert Orr

Published: October 6 2006 03:00 | Last updated: October 6 2006 03:00

Stanelco, the cash-strapped packaging group, is putting the finishing touches to a rescue rights issue that it hopes can see it through to profitability.

The group, which will run out of money next month, has been forced to scale down a plan to raise 15m and may have to settle for about 13m instead. A fundraising, priced at 0.8p, could be announced today.

Stanelco was forced to issue a statement yesterday to reassure the market that the fundraising was still on track.

The group produces a biodegradable plastic and also specialises in the use of radio frequency technology for packaging.

The shares dipped 0.22p to 0.96p. At their peak in May last year, they were worth 28p.

Robert Orr

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Really depends on the contract if it is a contract, Doubt you would get institutions willing to invest 13 million if there wasn't a significant contract in the wings... Could be a great chance to make some money, time will tell and this is only for the brave (not sure i'm that brave)...

Strange that FT.com does not say anything about, supposedly, the contract win

OB,

Re your last post (Geoff Hoe) and comment....... "IMO Mr Ho's posts fall far short of what I would consider professional".
I fully agree,and that one sentence sums his post up completely.

oh come on guys!! geoff ho has an opinion on a stock . that is his job, to give his opinion and his reasons. his opinion on seo management is pretty much the same as everyone else's on here; that they are incompetent and that they have fucked up a promising company. maybe a few of you need to take a look at yourselves and stop being so bloody sensitive. this is about making money, not about being nice. as andysmith says, the time to sell was 30p, when it was obvious to all that seo was being hyped/ramped up. some people saw it and got out . others, myself included, fell for it , fell for the hype, the spin, the bullshit and held on believing and waiting for that big rns that never came. thankfully, i got out at 18p and 15p. many others didn't and, whilst i have a certain amount of sympathy for those nursing large losses, nobody can say that they didn't see this coming, that warnings weren't given.

NEWS FLASH!!

Basil Fawlty has a gnome for us to give to Mr Ho!!!!!

Shares mag do not always get it right, just another to add to the list of mistakes!

Only time will tell.

they wouldn,t be journalists if they got it right more times than not would they

is that so difficult to understand?

anything they say should be subject to DYOR and the consequences are yours
and thats not to say i agree with the words of Geoff Ho , i thought they were disgraceful

bosley
Yes but bos since you came back in your 50% down already so you fell for the hype, the spin, the bullshit second time round most of us only did it the once.
By the way I topped up today so its definitely now doomed.

Robinhood,
That's what I was thinking. Why did they omit it this time?

I disagree, bos, for the reasons already given. Mr Ho has thus far failed to answer my question and substantiate his claims of 'much, much worse'.

PM1 has reported him to the FSA.

driver, not quite. this time it was about staking a small amount on a dcb. got it wrong. it was a small amount so no harm done. anyway, with all your top-ups you must be a bigger shareholder than the age of reason now !!!! ;)

oblo,

"PM1 has reported him to the FSA."

lol. i might stop laughing next week sometime .....

bos
Email sent.

bos, if you do stop next week it will be before I do! But just reporting what I've seen, pots, kettles and the colour black notwithstanding. lol

No suicides overnight I hope?
So much for news at 1pm re rescue and deals.
Ho-hum.
Guess I better earn some cash to keep the roof over my head.
the only saving grace of all this debacle is the missus can't say "I told you so"
as shes as stupid as I am.

THINGS WE DID IN 2006

We waited, and waited, and waited for that oh so important RNS!

Oblomov

You'll be the death of this board if you keep posting images like that!!

The oily one

not all trades are being reported shown yet, bought over 700k this morning and can't see my trade on the trades page.

admitedly this is a small speculative buy as apart from their financial mess, they still have some great technology, also liked the RNS and then subsquent reporting of the funding in the times, who are normally on the money in such cases, although hardly surprising as most directors are more than happy to give them the story when it is in their favour.

My fingers are crossed for a recovery for you long term holders

good luck all

Tokyo