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

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

Oily,
not sure how you would phrase it but I would like to know if the following quote from Ian Bowles at Asda is directly related to GS / Starpol;

Mr Bowles said that if the biodegradable materials, which
decompose rapidly under natural conditions, are successful,
parent company Wal-Mart, which is also testing biodegradable
packaging, will incorporate them into its US stores. "We share
our know-how with Wal-Mart and there is no reason why they
shouldn't use biodegradable packaging if it works," he said.

This quote is from an interview concerning the March 2007 launch of Asdas biodegradable packaging for its fresh food. It can be found in Private label magazine.

Alan

Why not try to get DHL appointed as Director?

They claim to be able to deliver anything.

Unfortunately(!?) I will be sunning myself in the Indian Ocean (not literally but on an Island) at the time of the EGM so will not be able to attend.

Oily, if you have the chance please ask questions about the LOI's, the contracts to which the LOI's related and whether the present plans to build plants and finance them from the placing/offer are the same plans that existed in the LOI's - if so why haven't the contracts been signed despite the RNS on the 8th Sept informing us they were in process of being finalised - extract from RNS below.

'Further to the trading update on 17 August 2006, the Company is continuing to
negotiate with the two parties with which it signed letters of intent to
compound Starpol resin for the US market, and contracts are in the process of
being finalised. '

I know I keep banging on about this and the explanation several have come up with is that the contracts were subject to fionance, but SEO knew their own financial situation at the time of that RNS and so, if the contract was dependent on finance, how could they say 'contracts are in the process of
being finalised '?

seen shares Mag today?
Now they seem to think SEO will get booted out of the FTSE all share index in December and that Index tracker funds will bail out.

Mornin All - 2 page write up in Shares Mag today.
The good bit - " Interest in Greenseal from ASDA and its wrappers from Peresco, a supplier of packaging to McDonalds suggest potentially huge sales".
Bad bit - " FTSE annual review in December - if SEO are dropped, fund managers will have to sell up"

Dave

Yes, they would have no option at the present market valuation ( That's always the drawback with a tracker fund ). It obviously depends on the AGM, and it's content/result. But, and it's still a big but, if things go as planned, when/if these funds have to step back in any negative effect will be neutralized. If things don't go as planned, I think the funds getting out will be the least of our worries.

Well the money for the 3-5 share offer has dissappeared from my share centre account. so i guess I'm in. Will try to make the EGM as i'm off, but I think the missus has re-decoration planned.
Glad to see the SHARES MAG is being an astute Investment TOOL.
Well it might make millions , on the other hand it could go bust........ thanks for the insight.

Sorry wrong thread.

So, for someone who has been looking at SEO for a few months but always managed to avoid actually investing his hard-earned cash in the company, when would be the best time to invest. Now / the day before the share offer is finalised / the week after / or later? All views most welcome.

OK, but probably wont help.
Not advising you when or if to invest, just being logical.

Invest now....Big risk as no one really knows whats happening. It looks like the offering will be taken up sufficiently, but nothings finalized yet, so could go bust.

Invest the day before finalisation.... Not quite such a risk as we will have more idea, how things are heading, but not much.

Invest the week after.... You will be on firmer ground as you will now know if the funding has been successful, but if it has the sp will obviously have gone up, so you could miss the initial swoop.

Invest later ( when/if the contracts come in).... You may well miss the big swoop up-wards but less likely to loose a big percentage of your dough.

As I said, not much help. It's a gamble whichever path you choose. Its the rate of risk you wish to take.