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

Its not over yet!!
White and Balchin out.

Stanelco PLC
14 November 2006

Stanelco plc ('the Company')



Directorate Changes



Following a Board meeting held earlier today, Ian Balchin and Howard White have
ceased to be directors of the Company with immediate effect.


Intersting ??

Project Foil looking far more meaningful - now for the rest of it.

Well then, that's no surprise, Howard White departing!

I think about time too as well.

The oily one

How much influence does HW have in the USA?
kim

Tonyrelaxes,
Why more meaningful???
I'm starting to lose the plot here.
Alan

4 RNS's in one day, the most significant being the last one. IB and HW do not deserve to be on the Board; just a pity they did not get removed sooner before they lost so much of the Cap. Val. Whether Martin Wagner is the right person to take SEO further is also questionable but no doubt a few institutions are on the case.

And so much for the story that HW was meeting with an important US contact at Heathrow Airport whilst the EGM was taking place.

What load of bovine manure that was! And I think that most of the top table knew that we knew it was as well.

Although Ian Balchin has left, he has still taken up his full entitlement. Mmmmm.

It will be interesting to see who comes in to replace them. Still have nothing about the appointment of the new Sales & Marketing Director.

The oily one

Alan - on reflection I chose the wrong word and am not sure of the correct one here. 'Valid and being carried through' might be better.
This was what was presented to Institutions and reading between the lines suggested changes - some now for all to see.

Ahhh. Je comprend.
Bien

Alan - as I am ever the proofreading pedant - "Je comprends" would be more accurate.

However, I'm buggered if I do yet...

As I have said before - Schroders and now thankfully Fidelity run the show.

With these two on board make sure your average is as low as you can afford - because once news on new contracts is announced the company will be bought.

Forget 20p plus it is not going to happen - this company will be bought in my opinion - depending on the quality of the contracts announced for arround 10 - 13p.


There is no other scenario when you have these institiuions involved.


Selfishly, I would be delighted with 10p as this investment has been far from enjoyable!!

Alan I don't understand Froggie!

Allez vous!!

How do you say "lol" in Froggie?

The oily one

Thank you for the French Lessons.
They normally cost me about 200 down Soho and i still can't speak the lingo properly.

Alain, le bugger risible

Looks like all of us are at the computer at the same time!!

The night of the long (but late) knives! The institutions make their presence felt.

Must confess I don't even know who Bruce Drew is - when was he appointed? So much for DYOR!

Although Martin Wagner may be knowledgeable etc,, I wouldn't half mind a really top notch CEO coming in from outside - like the ex Hansons director taking over at Tomkins in the 80's(?)

This could be the sea-change that re-rates the stock in short order.

Bruce Drew is Aquasol not SEO.
kim

Oily, maybe HWs appointment last monday was really with Addeco.

Although IB is no longer a Director of SEO, he may still be there (he was working on/with BioTec).

IB had a 3 month termination notice Service Agreement. HW, no period.

Stockdog, drew is describes as a Senior Manager in the Prospectus

This is a case of getting the company ready for sale.

The current management are not up to the job as we are all aware - so the company will be sold and if private investors have a low enough average then all will make money.

After all that is why we all invested.

The future of the company really doesn't matter as long as our investment goals are achieved.

We don't run it - remember that!!!

Could be that the big boys out there who are looking at contracts gave the board an ultimatum. Get rid of the dead wood or we cant have confidence in your company or products. If you were Walmart, McDonalds, etc would you be happy to sign on the dotted line looking at White and Balchin record with SEO.
We have stated on this thread many times,"they just cant deliver".
Perhaps these companies think the company can, but White and Balchin cant.
Jump before you are pushed perhaps.
Golden handshake?
Maybe just maybe they will have a say in replacements,. When push comes to shove money talks, big money shouts.
All above obviously just an opinion.