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

SD. I agree. However, some were getting nervous again and there was reference to a court appearance on 16th March. According to the Prelims the situation is less clear-cut than assumed. Quote: "The court founf that one of the families (making capsules from two water-soluble films using RF) belonged to BioProgress (except for some of the claims in the patent which were awarded jointly to Stanelco and BioProgress) and two of the families were found to beleong to Stanelco (....). For reasons which Stanelco does not accept, it was found to have breached its duty of confidence to BioProgress."

The court appearance could be assessing Stanelco's liability in respect of costs and damages, but it also appears likely that SEO will be seeking leave to appeal. In any case, SEO are downplaying its significance and I suspect that the worst that can happen for them is that they have to drop some of the InGel development. I suspect B**G fans have been overstating the significance of the whole deal.

Pretty good effort and as good as the originals revealed to me (Bark to Basics could be a contributor to Bos's Band!): Buried The Bone; Banished to Kennel; No Walkies Today. Obviously been a naughty dog!

Eric

Have you noticed that BPRG and SEO share prices are converging! - Maybe they will pass each other soon!

A note about StockDog - Not too many dogs are clever enough to do stock control!

Ah, poverty, you have revealed one of my many previous lives as a bar manager - I CAN do stock control. I'm not sure how good Eric is at dog control though - lol :)

tipton: SEO don't need the exclusivity deal but ASDA do. Therefore, ASDA will be prepared to pay for the privilege! The other point is that, if ASDA are paying a given amount for a 12-month exclusive deal, they might as well start it as late as possible; they are already behaving as if it is a done deal.

sd: I seem to remember you saying that you were one of only two doing the job in Europe. Seems that we may need 20 questions to work that out (harking again to the past as we old stagers tend to do!). First question - how many in the USA?

Eric

evening all. sd, do you still play as we are now short on solo euph. ours did what euph players normally do ,threw a major strop and has moved on. typical. prima donnas the lot of ya! :). if you ever did competitions you will understand how damned annoying it is to put that much effort in only for the adjudcator to dismiss it because he doesnt agree with your interpretation of the test piece regardless of how well you played. as for as laying down a beat, leave that to me being the "animal" impersonator at the back that i am. (no old and very tired drummer jokes , please).
moving on.....
strange day. what happened? when i left for work we were flying high, ( like a bird in the sky) . then again , this IS seo and the price moves up and down like a choir girls knickers,( we all know what you choristers are really like ruthie!!!!!!:))
my take on the cc hasnt changed. seo do not want to give up and as much as i want this behind us ,i do feel it isnt the worst thing in the world to do, to keep on appealing. bprg wont want this to drag on and on and the threat of further appeals may help them be reasonable in their compensation claim.

Bit of a down day everywhere today-it had to happen. suspect the market won't do much until the budget is out of the way, yawn yawn! Eric how about calling your new puppy-Profit? cheers MP

Share price volatility predicted by MOI at the weekend. Too many people trying to buy at the bottom and sell at the top, until next news SEO are caught up in a traders game and a tree-shake to get some shares for the big investors lark.
My powder is still dry, having not topped up yet, but Bosley, I'm now also into MOI this afternoon ahead of the results. Tipton, exclusivity will be good for SEO, extra revenue and chance to grow sensibly rather than too quickly with resultof end up pleasing nobody, look at the problems with ASC and their growth. Growth with Asda also provides entry to US and Germany which are large meat markets. SEO has time on its side, Tesco and Sainsburys will have to wait, UNLESS they get foods packed by someone with a new Ross Reiser. Ever wondered why Terry Robins no longer at Sainsburys?

bos - good to see you in better humour - not sure you'd rate my playing anymore, my lips a bit saggy these days - the recorder's about all I can manage. But thanks for asking.

eric - there are a number in the US - say 6, one for each competitoor and my parent company, although I did use a slightly restricted definition to keep the number in Europe down to 2, by limiting it to MD status, rather than all execs. However, I'm not sure the general readership is interested in what a musical dog does with his day - it's not really that exciting.

I'll email you my prelim thoughts on the three amigos, not sure my tired brian is fit for general release. If we think it's worth it, we can start a new thread for each one later.

SD

A bit disappointed that no one got back, on my last post over the W/End about the Tracker Funds I was looking for confirmation whether the T/Funds do run on Alto or not, or may be you all think it is not important if that is the case so be it. Also I am feeling a bit left out of the band the only instrument that I can play is my Jews Harp that I carry in my pocket at work and bring out now and again, and attempt to play If I Was A Rich Man just to annoy my colleges, if there is room in the band for a Jews Harp then Im your man.

the bosley doo dah dog band welcomes all with a musical bent, driver. now all we need is a spoons player and we can start gigging. i have no idea wether tracker funds run on auto, but i do agree with you that its an important step forward. more profile plus more buyers. fund buys also decrease volatilty as most are buy and hold. its all good news.
andys, its pretty much typical seo really. up..... down ...up down....shake it all about. mos is very quiet at the moment. i was hoping for a good run upto results. never mind. by the way, whats a ross reiser?
sd, i had to ask. as temperamental as euph players are, a good band needs a good solo euph.

driver

Sorry you're disappointed in your mates for not responding on tracker funds! Caught up in band and canine issues, I'm afraid! Just looked at an old copy of Money Management and there were (18 months ago!) 69 small company unit trusts with av. fund size of 98m or some 6.8bill in total. How many of these will be tracker funds? Its probably a relevant question to determine the average investment you would expect in SEO irrespective of whether the fund is a tracker or not. The overall sum is not that great: if SEO's share was 0.2%, that would be some 14m. In comparison, UK All Company funds had about 60bil invested and SEO could be better represented in some of the growth funds therein. I suspect the movement from active traders will probably outweigh the influence of tracker funds.

Eric

EWRobson
Thanks for that eric very interesting and well researched at incredible speed.

good morning all. a quiet, steady eddie start today.

driver, i dont know if this also applies to smaller company funds.

"Index Tracker Funds


So what exactly is an index tracker fund? Well, the idea was conceived because only a few 'actively managed' unit trusts beat indices over the long term. Index tracker funds work on the principle that, by tracking the performance of an index, they should therefore provide returns in line with the 'benchmarks' used by active managers.

Index tracker funds use a number of complex, computer-based systems to track the relevant index, such as the FTSE 100. Because the computer effectively tells the fund manager what to buy and sell, trackers are known as 'passive' rather than 'active' funds.

Trackers, like all unit trusts, can only invest up to 10% of their portfolio in one listed company's stock to ensure that the investor's risk remains adequately spread. "

EWR
thanks for helpful reply, still don't see advantage to seo of years exclusivity to any one customer

tipton11

a) They get a premium and/or help paying for all the development costs prior to and during the exclusive period

b) They can focus on developing one customer's needs very clearly with a limited supply of capital and without spreading their operational management too far as they set up production lines with suppliers who may well supply other food retailer chains as well already

c) During this time they can assess their future capital needs and arrange fund-raising for the expanded operation once the exclusive period is over

d) When they go wide they can demand a higer price from the wider market

e) They can more clearly establish their IP patents by limiting the distribution of specialiist knowledge at this early stage.

It's a very clever concept to get paid for avoiding what most small companies put themselves at risk from - too rapid expansion from prototype to main market.

SD

well said sd. we have to remember that this is new technology and that it need careful developement in order to fully capitalise the potential.too many small (and big) companies try too much too soon. this one year exclusivity deal suits both parties: asda get first dibs, seo get paid whilst developing. i also think its fair to say that 17p is giving us some resistance but the support level is creeping up . volume is good. i am trying hard not to giddy but i cant help feeling that this is really going to pop its cork.

5,162,000 trade , buy or sell ?

aldwick,

that's sell but price holding up.

ramu

why price holding up?