bosley
- 20 Feb 2004 09:34
explosive
- 19 Oct 2006 19:07
- 21664 of 27111
GD - Shows of confidence or a carrot under the donkeys noise!!! I have to wonder, still I expect I'll take up my offer if not already holding plenty.
waveydavey
- 19 Oct 2006 19:45
- 21665 of 27111
Credit Agricole' makes me happy.
I'll see you by the pool 2008.
hewittalan6
- 19 Oct 2006 20:38
- 21666 of 27111
Huge amounts of confidence oozing out from here, and one or two others.
As I said, 5p by spring is very probable, and may be an underestimate, though I do not want to come across as an understudy to PM1.
Alan
zscrooge
- 19 Oct 2006 20:38
- 21667 of 27111
From the dark side:-
PM1/sirjc
I haven't read this thread for a while but see you're banging on about Calyon as if they are good news. Well, I don't know how they fit into SEO, but I do know about arranging corporate finance.
I was a corporate lawyer until 5 years ago. I did plenty of refinancing work. What happens is the financer lends money in different tranches. The preferred tranches will get significant interest (much more than a bank will charge). The subordinated tranches will get even more. If the borrower can't repay the subordinated tranches, it gets refinanced again: usually the company will have a choice between going bust or issuing enough new shares to give the lender about 90% of the share capital of the company.
In other words, there are 2 likely effects of Calyons involvement:
1) SEO will borrow money at far above the market rate
2) Calyon will end up owning SEO by virtue of SEO being unable to service its debt
But as you say, it must be good news because Calyon are good at making money for themselves. I wonder at whose expense they get rich?
garyble
- 19 Oct 2006 21:36
- 21668 of 27111
Have I missed something? I thouhgt the finance was in the form of share issue, so what relevance has post 21667 apart from Calyon possibly owning a big chunk of SEO by virtue of share acquisition?
aldwickk
- 19 Oct 2006 22:39
- 21669 of 27111
Just back from a naturist holiday on the costa Almeria, Spain.
bhunt1910
- 19 Oct 2006 23:56
- 21670 of 27111
Aldwick - I too have just arrived back from a holiday in Mojacar - flew out from almeria this morning on the easyjet flight - small world.
Tonyrelaxes
- 20 Oct 2006 07:53
- 21671 of 27111
LOL - just had a vision of the both of you having a discussion about your differing views of SEO - on the naturist beach, in the altogether !
hewittalan6
- 20 Oct 2006 07:56
- 21672 of 27111
Welcome home Baza.
Thankfully I do not have Tonys imagination.
Oilywag
- 20 Oct 2006 08:09
- 21673 of 27111
You two "buff" boys, all we would like you to do is to let it all hang out but only in the sense of baring your souls - and maybe your soles - on this board!
Nothing else, OK!
The oily one
bhunt1910
- 20 Oct 2006 08:12
- 21674 of 27111
Talk about jumping to conclusions !!!
Did I say I was on a naturists beach - no
No wonder the share price is slipping again !!
Tee Hee
hewittalan6
- 20 Oct 2006 08:19
- 21675 of 27111
Back to the on-line brokers bit.
While halifax have let me take up my offering, I have had no word from them about my voting intentions. Has anyone any idea how I can register my vote prior to the EGM? I hold no shares in certificate form and would not be able to attend the EGM anyway.
Alan
maestro
- 20 Oct 2006 10:19
- 21676 of 27111
told ya the city ***** would shaft the miners...
IanT(MoneyAM)
- 20 Oct 2006 10:49
- 21677 of 27111
maestro,
By all means comment, but please steer clear of language which may offend.
Ian
greekman
- 20 Oct 2006 12:20
- 21678 of 27111
Biodegradable peelable lidding film available
By staff reporter 9/10/2006
A biodegradable peelable lidding film made from corn starch is now available on the European market.
Rockwell Solutions in Scotland this week said its new BioPeel peelable lidding film can be used for trays and pots. The film is made from polylactic acid (PLA), a corn-based biodegradable polymer made by US-based NatureWorks. PLA is biodegradable and compostable. NatureWorks is part of Cargill and is one the main movers behind the biodegradable packaging trend.
BioPeel is a clear peelable PLA lidding or flow wrap film. Rockwell Solutions says it is suitable for use in chilled and frozen products such as fruit, vegetables, salads and sandwiches.
Brief Extract only re copyright. Full Article see link
http://www.meatprocess.com/news/ng.asp?n=71412&m=2MPEO20&c=gcjasaplopxltou
aldwickk
- 20 Oct 2006 13:06
- 21679 of 27111
bhunt1910 ,
I came back on Easyjet flight 5166, i was the one wearing a white Tee shirt , combat trousers and glasses. stayed at Vera Natura.
bosley
- 20 Oct 2006 13:17
- 21680 of 27111
we accidently wandered onto big banana beach in skiathos last year. thankfully it was clothing optional but we discovered that nudist beaches aint nowt like the brochures. i think people must get to a certain age, (over 60) and just think, " ah feck it!! let's wander around butt naked for a laugh". it certainly wasn't a pretty sight !!
aldwickk
- 20 Oct 2006 13:32
- 21681 of 27111
Bosley,
I arrived on a Spanish bank holiday, and the beach was full of young Spanish girls. Dark hair and olive skins showing off their little landing strips.
queen
- 20 Oct 2006 13:54
- 21682 of 27111
aaaahhhhh... I need a holiday!
blackdown
- 20 Oct 2006 14:07
- 21683 of 27111
Given that there will be 2 billion shares in issue, 5p/share = 100 million. Why will SEO be worth this much by the Spring?