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

Eric--thank you kind Sir!! nice to see you back and hear your words of wisdom.

Blimmy its getting like the old days eric, mp whos next andysmith or even pm1 this must be a share worth holding.

driver, you forgot to mention Aldwickk, tfc and others of the same ilk as well.

Aaah, those were the days!

Mind if the sp keeps sliding, I'm sure that they will emerge from their hibernation.

The oily one

Oilywag
I never trusted tfc I could never understand him and he always talked in telephone numbers.

Eric,
Welcome back. Thought you had taken any profits and bought yourself a private island somewhere and gone native.
Good post, by the way.
Greek.

Eric - sounds about right. Institutions are not going to take a quick buck from here when they can get a slow few bucks. Although Fidelity does have a bit of an opportunistic trader mentality on occasions.

As ever, we are waiting on critical news about board, staff, orders, jv's and future earnings, all things that must be well analysed and discussed internally by now. So it's a pig in a poke for the PI just now. Have to say 1.50p is very tempting (could get my average down from 9.45p to 5p for a very modest sum at that price) , but better to take a smaller position at a higher price when there is a good deal more certainty in the air.

Still - at least it's creating genuine interest and thought on the BB for once.

23mill in buys after the bell.

they were sells from during the day.. tomorrow will open lower, stop losses will get triggered and the sp will drop further.. 1.2p is my predicition, but loads of room to go lower

With the balance of Buys to sells so heavily on the size of buys for quite a while, where are all the shares to buy coming from?


Perhaps SEO is printing them on biodegradable paper.

Just a thought.

8-)

Why are peeps selling? Do they imagine after putting all that money up the institutions have just made a bad couple of decisions?

Ask yourselves, after IB and HW leave the main board, is SEO a better or worse investment.

According to 98% of the posts above, it should be better.

Uncertainty may be a downer, but if you've been in as long as most holders at much higher prices, what is it in the latest news that finally decides you to sell?

So it must be short-termers who got in at 1p+ recently. There can't be that many of them and they will soon be washed through. Then which way will the SP go?

PI's getting what they deserve again because human psychology leads them to buy high and sell low!

What am I missing here?

Some of those who took up the placements have made over 100%, Very tempting to move on.
The growth rate will be slightly slower for the rest of us mortals.

Driver, you missed my post saying back in on Friday? However I set a 15% trailing stop on Monday when it almost reached 2p just in case like previous borsons, i.e. last week speculation was McD deal but when it didn't happen people have locked in profits driving sp lower. I can't blame them really, how many times can you double your dosh in a week. So my trailing stop means I'm out again with profit but have set a limit buy order as I think this will go lower again but is still worth a gamble as a recovery play with potential. I think that the company is being re-organised and being put in order to be in a position to manage any significant deal that can this time deliver revenue and profit and that may mean a few months before deals are announced. I still say forget Greenseal and focus on Starpol.

Newer posters may not be aware of the fabled andysmith. He is a packaging man who's opinions I have always respected. Have therefore gone back to the placing document to check how the money raised is being used. This is probably old hat to many of you but the intention seems to be:
- 2 manufacturing plants in US for starch resins / Starpol
- final stage payment of 1.6m for Biotec next June
- working capital 'to fund the next stage of deelopment of ..existing and new products and ... to back up negotiations with customers and partners.'

This leads with the Starpol plants which must be significant. GREENSEAL is clearly getting some funding but the first commercial machine involved at an ASDA site still doesn't appear imminent. The 12 month extension of the exclusivity deal was in August to be waived when the first machine is installed to 'allow roll out to non-exclusive ASDA sites.' But the question marks over GREENSEAL must be such that the recent funding would not have been achieved for that product alone. I am saying what andy has said with his industry perspective.

Volume is persistemtly around 100K shares a day but that is not high compared with the 2 million shares placed. If 1 million new shares are hot that is a significant overhang on the market, suggesting volatility for a while. The placing valued SEO at around 24m; cap is around 45m at 1.5p. I suspect Schroders (see my earlier post) will be looking for several hundred K but that, in the short term, they will want to see the foundation well and truly laid. I suspect any existing proposals, including MacDonalds, will be subject to financial review. They will want to see an effective support team in place before they commit to a given roll-out; you can almost hear them taking their cautious approach with MacDonalds, Perseco et al.

This suggests that this is a traders share for some time. Eventually there will be a positive RNS confirming the management team, the reorgansiation decisions made and, quite likely, the first client(s); a couple of months away? The really positive thing is that the 'going bust' option has gone away (a hostage to fortune!). Its for each to judge when (not whether) to get back in or how much (not whether) to average down! Oh, but that is just that Robson guy talking himself into buying back in!

Eric

Eric / Andy,
Back in August of this year I posted that my imaginary friend at Asda was telling me that they were more excited by Starpol than GS, but GS was necessary to get the full benefit of Starpol.
I believe the first commercial Asda machine is in, BTW, as the website now reads that the exclusivity has been waived, not will be.
We have been hearing rumours since September that 2 mmu contracts were on the cards, quite big ones as well, and this culminated in the announcement of LOI.
FWIW, I think that all is ready to roll, subject to final legal agreements, and that the institutions have made it a condition of their support that a couple of their big hitting business drivers are in the SEO mix for what may be a very exciting time.
No direct evidence for this, just between the lines reading and previous research, so no way to back it up. it just looks very much like it is now game on.
The position vis contracts and likely customers has not changed, but the management may be much stronger and the finances most definitely are, so bring it on!! Watch for Asda news, I guess, around early December and Walmart in the new year. Perseco could be any time according to the times, but I have no great thoughts on the timing of that one.
All IMHO, WTFDIK & DYOR as usual.
Alan

Thanks Alan. I like your take better than mine! Can't see, though, that anyone will get excited by the belated ASDA machine. I still think, also,that the new guys will want to fully evaluate the situation before giving a reading to the market. Can we compromise on January. Prefer that any way as awaiting funding.

Eric

andysmith
I did miss your post last Friday I was up in Bonny Scotland nice to see you back in Not I will welcome you back when you are, you may have noticed I havent much to say on this thread after three years it wares a bit thin only that I confident of braking even at 5.9p and going into profit sometime in 2007.

driver (and others) A huge amount has been said in those three years - 22,000 posts and the daily volume as high as ever. What strikes me is that we are in a completely new situation. My own comments are part of trying to get to grips with that situation. I think it is worth debating. OK, in the heady days let by the Evolution comment we were projecting huge revenues from Greenseal licence fees. That has almost gone to the back-burner with, not so much the efficacy of the basic technology but, the troublesome task of retrofitting to worn machines in a context of 24-hour factory operations. On the other hand the market must now be much more receptive to the green solution. I think by early next year we should start to get some sensible analyst projections - this time based on greater realism and without the technical problems. Another positive thought is that the current changes are taking place whilst still maintaining some investor value - that is something to be thankful for. So a few more months excitement and speculation, then, money in the bank, we can all move on to pastures new.

Eric

Andy,driver,eric - my goodness - welcome back all - good to see some fresh debate.

FWIW - I spoke to some of the guys at the EGM and they confirmed that the planned launch date for goods on the shelves at WM had gone back from 1st November to a more realistic Jan or Feb. Their words not mine. I did not press on what would be on the shelves - but I thought it good news that they confirmed positive progress with WM

Ditto - welcome back !
Even "Thought for the Day" on radio 4 this morning focused on bio rubbish. Suggested that if the packaging wasn't disposable, unwrap it at the supermarket pay desk and leave it with them. Seems a good idea !!!!!

Dave

RNS