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

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.

The Directors are irrelevant!!!

The Institutions run the company - I have more shares than the Directors.

I am only saying this so everyone concentrates on the real issue.

The company will be sold - the question is at what price?

This will be decided by the Institutions NOT the private shareholder.

The RNS does not say "Ian and Howard have left the building", maybe they will be used in some other guise!
kim

I agree with Greekman.

It has always been in my mind that a deal was done behind the scenes for the money.

My scenario fits - They have been offered a fait accompli.

I will be astonished if this company is independent by June 2007 after announcing contracts.

The institutions may equally have "place men" they want on the board, who are capable of getting things going properly. This is not unusual and would signify what the institutions want. Operationally good placements would signify the company has a future to look forward to. Accountant types would signify a for sale sign.
Any way you look at it, this appears to be a good news RNS.
Alan

Does anyone know how many shares are held by institutions? There are 2977.65m issued.
kim

Kim
According to latest RNSs-
Schroder 14.1%
Fidelity 7.74%
UBS 3.97%

.