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

Where's me RNS for breakfast ???.
Damned milk gone sour.
Bath, and then off to shops. When I return, I want that RNS for brecki.

tonyrelaxes

Have you just found some loose change down the back of the sofa again?

The RNS may come around 10.30am today or hopefully not later than tomorrow 7am.

The oily one

Oblomov,
Re post 20990, I have read your post again, you say, "TB, Shares Mag, RHPS, and others have a big following. Might we not now be looking at funding nearer 2p or even higher if not for their sudden negativity?" and I stand by what I say - do you really think journalists have such an influence on the share price? Yes they might cause a short term blip, but not a long term trend. Don't forget, for much of this fall in price TB was calling it a buy, and then a hold - that didn't hold up the share price at all, so why do you think now he's calling it a sell he and his ilk have added to the drop?

I have Oily.
I was also amazed at how quickly my average price has fallen with the larger quantities i was buying over the last week or so.
Break even will not take too much for me now. Hope you can say the same.
Alan

rumours that news could be released today...good source

surely not from one of your friends in "high places"?.....

Oilywag
Around 10:30 will do. Will digest it with breakfast.

You'll only get part of it then. The rest will come in stages. It's a serial.
Apologies for that very weak joke.
i will go and lie down for a while.

it could be a long breakfast?

Re the power of Tip Sheets,publications.
Whilst I agree that the effect these tip sheets can have on many shares is negative due to shares that are in the FSTE 100 being more or less in the control of the institutions, and big private holders, I do feel that shares similar to SEO are often bought and sold on the say so of these publications.
Many penny share type companies have thousands of small shareholders and many of them treat the buy,sell,hold comments as Gospel.
I know a few followers of RHPS, Share Mag who do no research whatsoever, but go along with the said mags advice. You can see the effect, as well over 90% of shares tipped by the mags go up first day of trading following publication. They also go down as soon as the sell tip comes along.
I am signed up to one of these sheets, and have been for several years.
I usually get my ideas from this publication and then do as much research as possible, often spending many hours of time and effort. DYOR is the best advice we see on these sites, and I fully agree.
In the last 2 years I have dabbled in a total of 3 shares that were recommended. Having bought and sold 1 of these shares a total of 5 times,I am in profit by about 10%, including my Mag costs. About 7 years ago, I double my money in less than 3 days,completing 3 buys and 3 sells (Ratners) this was from a tip sheet, but I also spent several hours DMOR.
OK also some big losses Torotrak for 1.( Must have spent a couple of days on this one).
You have to look at the long average of these mags to make a judgment. You can't just say due to a complete mis judgment of 1 share, that they are a waste of time and money.
I do agree that the Share Mag articles and comments made by Geoff Ho when taken in the short space of time, contradictory, and if I was a subscriber I would be very angry, and a subscriber no longer.
Punters who have their own brokers (advice type accounts) also often buy,sell hold on their advisers advice, and as we know from the publication of tables, many of these so called experts are no better or worse than the tip sheets.
As to SEO's big slide over the last few weeks, this must be down to many cutting their losses, due to share sentiment, with a small percentage of the slide down to the mag followers.
All of course IMHO.

WOODIE
A lot of funding/contracts to digest???.

patisear nice one enjoy

seo prices bouncing all over the place - just for a brief moment you could buy at .89

greekman - good post. I agree with you entirely.

As for myself, I do sometimes buy share magazines but don't follow the herd with the tips. I've noticed a particular trend over the last few years. When a share is tipped as a buy there is usually a significant increase in the sp over the next two days as PIs pile in. But this is generally followed by a downward correction in days 3 or 4. So (sometimes) I will short that particular stock on the morning of day 3 and usually make a small profit. These small profits all add up over time.

In general, like greekman, I use the tips just as a flag on my radar screen. I will read what the journalist has to say about the particular tipped stock and if I like what I read, start a process of more in-depth research with the objective of (perhaps) buying in to the stock. There is no need to rush in. If the fundamentals are sound the sp will rise with time. OK, you might miss the lowest sp entry point whilst doing your research, but if the 10 bagger is only a 9 bagger for you, so what! You are still in the money.

Frampton - 09 Oct 2006 08:51 - 21019 of 21028

Oblomov,
'........ do you really think journalists have such an influence on the share price?'

We can never know for sure, but yes I do think they may have been a contributory factor in this case, for the reasons I've already given - and greekman in his post above gives his reasons for thinking the same so I dont think I'm alone in this view.

RNS Out share placing

.

Whoops - just beaten to it so I'll delete mine.

Stanelco PLC
09 October 2006



Stanelco plc



9 October 2006



NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR
JAPAN.


Stanelco plc

('Stanelco' or the 'Company')



Proposed Firm Placing of 1,375,000,000 New Ordinary Shares and

Open Offer of 600,992,559 New Ordinary Shares at 0.8 pence per New Ordinary
Share, of which 148,278,000 New Ordinary Shares are being placed subject to
clawback to satisfy valid acceptances under the Open Offer



Notice of Extraordinary General Meeting



Change of accounting reference date to 31 December





The Board of Stanelco announces that, in order to enable the Group to move into
the next phase of the commercialisation of its intellectual property portfolio
and to meet its working capital requirements, it is proposing to raise up to
15.8m (before expenses) by way of a Firm Placing, Placing and Open Offer at 0.8
pence per New Ordinary Share (the 'Issue').



Key Highlights



Firm Placing of 1,375,000,000 New Ordinary Shares at 0.8 pence each;



Placing of 148,278,000 New Ordinary Shares at 0.8 pence each;



Open Offer of 600,992,559 New Ordinary Shares at 0.8 pence each, of which
148,278,000 New Ordinary Shares are being placed subject to clawback to
satisfy valid acceptances under the Open Offer; and



Issue not underwritten.



Principal terms and timing of the issue



The Company is proposing to raise up to 14.4m (net of expenses) by way of the
Issue.



Under the Open Offer, Qualifying Shareholders may subscribe at a price of 0.8
pence per New Ordinary Share for:



3 Open Offer Shares for every 5 Existing Ordinary Shares



held on the Record Date and so in proportion for any other number of Existing
Ordinary Shares then held by them. Fractional entitlements will not be allotted
to Qualifying Shareholders but will be aggregated with the Open Offer Shares
attributable to certain Overseas Shareholders not eligible to participate in the
Open Offer and included in the Placing, with the proceeds being retained for the
benefit of the Company.



The New Ordinary Shares will rank pari passu in all respects with Existing
Ordinary Shares.



Applications will be made to the FSA and to the London Stock Exchange for the
New Ordinary Shares to be admitted to the Official List and to trading on the
London Stock Exchange and Admission is expected to occur and dealings to
commence in the New Ordinary Shares on 7 November 2006. The latest time and date
for payment in full under the Open Offer is 11.00 am on 1 November 2006.



Use of Proceeds



The proceeds from the Issue will be used to move the business on from its
development and acquisition phases into the commercialisation phase of the
intellectual property portfolio. The proceeds will provide the Group with the
working capital to enable management to convert opportunities into commercial
contracts whilst allowing the Group to meet its existing financial obligations.
Specifically, funds raised will be used for the following:



- to ensure successful completion by either Biotec, or in accordance with
the provisions of the Joint Venture Agreement, Stanelco of at least the first
two manufacturing facilities in the USA, which will cost approximately 2.8m
each, for the production of starch-based resins, including Starpol materials,
developed by Biotec;



- to meet the final stage payment of 1.6m due in June 2007 to EKI for
the Biotec Acquisition; and



- to provide further working capital for the Group to fund the next stage
of commercial development of the Group's existing and new products and to
provide the Company with funds to back up any negotiations with customers and
partners.



The Issue is conditional, inter alia, upon the approval of shareholders which is
to be sought at the EGM.



Teather & Greenwood is Sponsor, Financial Adviser and Stockbroker to the
Company.



Commenting on the announcement today, Philip Lovegrove, Chairman of Stanelco,
said:



'The Board is delighted to announce the proposed fundraising and recommend that
Shareholders vote in favour of the Resolutions.'



Teather & Greenwood Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively for the
Company as sponsor, financial adviser and stockbroker in relation to the Issue
and no-one else in connection with the arrangements described in this
announcement and will not be responsible to anyone other than the Company for
providing the protections afforded to customers of Teather & Greenwood or for
advising any other person in connection with the arrangements described in this
announcement.



For further information please contact:



Stanelco

Martin Wagner, Chief Executive

Sylvia Leavey, Investor Relations

Tel: 44 (0) 2380 867 100

Hmmmm. Not underwritten! It's down to you chaps to bail them out.....