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

Thanks Tony, No record of Ian Balchin as far as anyone aware?

Worrier ,with what they hopefully know that would be insider trading so in my opinion it would be unlikely that any directors would have bought recently ,also I have seen no reports of any selling.

That would make sense MP. I asked the question about directors and why they weren't buying a month ago when the price was at a "bargain" 4p or so.....they would have known then what was being touted around for the placing and at what price. Should have followed my instincts then, sold and repurchased

Worried

The ANOther may well have been Balchin. I just cannot remember and am currently about 4,000 miles from my papers and don''t propose returning home to look itup as I have a dinner date at Oblobov (!) tomorrow evening.
It is in the Prospectus - traceable through SEO website (again I don't intend looking it up as it is well past midnight here and I am about to crash out ;-))

I agree with MadPad - no directors dealings reported for months - possibly years.
There is just a chance that director(s) are among those who agreed to take up shares in the original 'firm' placing. Not reportable as yet as not completed - that will be after the EGM on Monday week. I'll be home for that firework party!!.

Anyone going to the EGM ?Maybe a little light lunch and de-brief after?Tony you must know a good watering hole nearby,please suggest a venue.Names please on a postcard,bring your own rotten tomatoes(compostable only please) and pertinant questions!

I'll get the motorbike out and have a look round next week for a suitable place.

No doubt there wll be a large contingent going. I suggest a list is prepared in advance and approximate numbers from this BB be forwarded to them so there will be enough chairs.

To save BHunt the task this time I'll do it. But perhaps he might print name labels as that is way beyond my quill pen. Name labels help us identify each other afterwards.

Names please if you expect to attend...

Tony,

приятного аппетита в прекрасном ресторане, названном в моей чести и помнит меня официанту Захару!

Tony - I plan to attend - yes will do labels for us & yes it was Balchin

Baza, I will not be able to make it........please find out whether I owe Oblo a pint, or vice versa ;-)
Alan

Alan - will do

Needless to say that I will be attending.

And am happy to collect and co-ordinate the questions to put to the board.

Make them as blunt as you like.

The oily one

Oily,
You could make suggestions to improve the quality of the board. My suggestions include;
Marketing and quality control - Gerald Ratner
Environment - Jeremy Clarkson
Finance - Norman Lamont
PR consultant - George W Bush
IT - My 98 year old maiden aunt
They would all improve SEO's performance in their respective fields.
Alan

We also have the option of trying to elect a shareholder to the board.

He would have to have credibility in the packaging industry and be a hard nosed buiness man with a reputation to ensure that we get support of the larger PI's and institutions.

Just a thought - but might be worth a mention at the EGM - it might just rattle a few cages.

Oily - I have a feeling that you already have most of the questions.

I do think that it is important to make sure that we ask no more than say half a dozen hard hitting questions - rather than ramble on about everything under the sun - as that will loose impact.

Suggest we try and prioritise those questions - then keep another 12 or so that we can use to hit them with during coffee.

It would be good if we all sang from the same hymn sheet and targetted all of the directors with the same questions over coffee. I guarantee that we will get different answers

Come to think of it we could organise a special SEO "I'm a tosser - get me out of here". Pack 'em all off to a remote jungle and give them impossible tasks to complete, like Writing a set of facts taht is understandable and not ambiguous, or getting a tray lidding machine to work in under 3 years.
We could then vote them off every week until we were left with someone who knows what they are doing. If no-one was left we at least would have Ant & Dec to run the company.
Alan

Lets start with "how to write an unambiguous RNS" or "How to meet my objectives"

On a serious note, Baza, is it not the sole function of the non-executives on the board to protect the interests of the investors? Perhaps questions should be asked of the non-execs what the hell they have been doing, and why have they not ensured better communication of events.
Alan

Baza

I have experience in the packaging industry insofar as I can pack a very powerful verbal punch when necessary, can also be very hard nosed (God, I received the best training in that department from the Chairman of the company I consulted for, for 20 years - a touch of the Robert Maxwell and Alan Sugar in one) but it is the support of PI where I shall regretably fail.

Airing idle thoughts is always good therapy.

Alan are you taking the proverbial in your post 21848?

The oily one

Who me?????
Just in a silly mood today, Oily.
I have a meeting with a bunch of stuffed shirts from a major bank and it always gets me in the mood for taking the mickey. Just getting my eye in for a bit of fun at their expense, but they are so far up their own arse, they never realise I am doing it!! Don't you just hate people who take themselves so seriously??
Alan

No Alan, I'd hate myself too much!

LOL

The oily one