bosley
- 20 Feb 2004 09:34
pinnacle
- 16 Jan 2007 12:21
- 23246 of 27111
Dawall,
Fully agree - however Stanelco have put in place a self imposed curfue on news - this is not good for current investors or for new potential investors as they have nothing whatsoever to base an investment decision on.
The clock is ticking and soon something good or bad will emerge in the form of an up-date before results - the key will be the future outlook, but don't get too excited because the way that information is now so closely controlled I doubt it will contain anything to inspire us.
I think the way the private shareholders are being treated is shabby and totally unprofessional - but what is new and what can we do?
pinnacle
- 16 Jan 2007 12:25
- 23247 of 27111
Either Tanker has gone out or it was just another wind-up!
Positive news is what we all want and deserve after all the money we have HAD to put up.
EWRobson
- 16 Jan 2007 12:25
- 23248 of 27111
I am sure dawall's comment is right: Schroders will know exactly what is going on. Interesting piece on them in the Times today. They have been losing pension fund business but have opened a new fund to attract smaller pension stakes. The argument, which is relavent here, is that this allows pension funds to enter growth opportunities because there is the support staff to evaluate risks. So their evaluation of the SEO risk (at 0.8p) will have been positive. It may be that they will acquire additional SEO shares for the new fund - if so, this would be a very positive vote of confidence.
Eric
pinnacle
- 16 Jan 2007 12:30
- 23249 of 27111
Good Post EW however IF is such a powerful word!!
oblomov
- 16 Jan 2007 13:20
- 23250 of 27111
Eric,
You have great faith in Schroders, I know.
You may be right - but schroders are in this for themselves, not the longstanding shareholders who need to see a 10p+ SP before they go into profit.
ANy pension fund manager would be pleased with a 100% profit in a year, which Schroders may well achieve with this investment. They may make 200% or 300%.
Unfortunately a 100% or 200% increase doesn't do much for the rest of us. We need more like 1000% before we'll be happy. Its not going to happen.
I'm very happy for Schroders, though. They'll probably do well out of SEO - we wont!
zscrooge
- 16 Jan 2007 13:22
- 23251 of 27111
A t/o at 3-4p is a good return on 0.8p.
EWRobson
- 16 Jan 2007 13:38
- 23252 of 27111
I agree that IF is a big little word. Re oblo and pinnacle posts, I wonder whether these reflect an appropriate mindset. Obviously, the price paid does influence one's thinking, but if you really believe that the paper loss will be recouped, then you should invest in more shares. If you don't so believe, then its better to say: I have an investment currently values at 1.13p a share, (a) is it a good investment at that price, if not, sell; (b) yes, it is but I have enough shares, then ask the question, what is the target price at which I take 'profits' (notional, from today's price); (c) I don't know, but am waiting for news to assess value. This is hard logic and I don't claim to be good at applying it. But it does make sense.
pinnacle
- 16 Jan 2007 13:40
- 23253 of 27111
We have to remember that a share price of 10p is like 30p in the old days.
I am sorry for those who hold above 5p as I think that this will be the maximum level at which Stanelco will be bought out.
It is going to take AMAZING news for the price to reach 9/10p and I cannot see it no matter how much I want it to happen.
I quite frankly have had enough of this pathetic company and if by a miracle the price reaches my average of 3.75p I will be gone with an experience to remember for the rest of my life!!
EWRobson
- 16 Jan 2007 13:48
- 23254 of 27111
pinnacle. If SEO is a pathetic company it is still valued at something like 34M. If, hopefully WHEN, it goes to 3.75p, it will be worth 125M. The general view will be that it is not a pathetic company. You view may well have changed and you will be investing more in a potential shooting star. Probability of that? That's the 125M question!
Tonyrelaxes
- 16 Jan 2007 14:05
- 23255 of 27111
Oblo - "ANy pension fund manager would be pleased with a 100% profit in a year"
Actually Schroders could have realised up to 150% profit AND in only about 5 weeks. Even better!
They paid over 3m within 48 hours of the 'Institutions Presentation' on 3 October paying 0.008 per share. After the shares were admitted they touched 0.02 on 13 Nov.
BUT THEY DIDN'T TAKE THIS PROFIT. Instead of taking that profit they actually bought more. No fools these people so they must be expecting more. Just like me.
garyble
- 16 Jan 2007 14:06
- 23256 of 27111
Pinnacle,
A share price of 18.75p is equivalent to 30p in old money.
automatic
- 16 Jan 2007 14:15
- 23257 of 27111
I think it is disgusting that when u e/mail them asking for an update as to whats happening they just ignore you, mind you thats proberly better than being told a load of lies as in the past
hangon
- 16 Jan 2007 14:57
- 23258 of 27111
Automatic. The reason why they tell you nothing....is that....there is nothing to tell.
[[After their Xmas party (paid for by us shareholders and anyone daft enough to subscribe to recent begging-bowl)...they had a few weeks off and only now are the key-staff managing to get back in. They have reset the central heating (let's hope) and organised sandwiches to be delivered....but the exciting business is still locked away in filing cabinets and I doubt you'll hear anything at least until spring....such is the World of Big Business.....that SEO aspires to.
Meanwhile the sp twists and turns ...but does anyone really care?]]
If you wanted to select a wash-up, self-deluding, overpaid set of execs - - - why look further?
The hope is that one of their technologies has some value ...and someone buys the company before time destroy the potential. I understand Supermarkets are their target - sad that, for supermarkets are poor-payers and I cannot imagine the existing suppliers just lying-down; so there is bound to be some cost-cutting and wrenching of deals....all good for Supermarkets - and that's all they care about.
Maybe if this Going-green "picks up" we may find the likes of ASDA pushing SEO into action; so they can claim to be as green as M&S, Tesco and others who will soon have their publicity machines focussed on Energy Issues and "food-miles" but don't expect strawberries all year. The recycling aspect of SEO is really a silver-lining but one that needs to find its place in the Market before alternatives show how it should be done.
Back to sleep, for me.
pinnacle
- 16 Jan 2007 15:17
- 23259 of 27111
This company frustrates the hell out of me!!
No - I will not be investing anymore as I have an astonishing amount already invested!
Thanks for the correction on the price - original made in a fit of peek!!!
Now I have calmed down a bit, I still think my forecast of:
Trading statement & results
Share consolidation
Contract news
Company bought
will be the only way forward.
I do want some money for all the stress I have had over the last 18 months so:
I will guarantee that I will be gone at 5p - so much so I will be instructing my brokers to sell at that price - I really cannot stand them anymore - they do not have what it takes to go to the level they need to be at when dealing with the type of customers they hope to sign in the long term.
Never again will I deal with a company outside the 250 - this has been and continues to be a hard lesson learned.
134m is not a lot in todays stock market and will only get them back into the small cap index.
Pathetic is how the company fails to communicate with those who have put their hard earned money in a high tax country into what should be a money winner - but isn't as I feel others are moving ahead of them.
boldtrader
- 16 Jan 2007 16:09
- 23260 of 27111
Correct me if wrong but were SEO not topping over 250m when the shareprice was nudging 30p.if so could this not be achieved again with several good contracts signed.Fed up as the next man here but will hold until a conclusion one way or the other.
Good luck to all holders. Cheers.
stockdog
- 16 Jan 2007 16:36
- 23261 of 27111
Pinnacle - I appreciate your rage. I'm surprised that I still manage to contain mine, having invested more in SEO than almost any other share.
Funny thing is currently my best shares are the ones I invested least in and the worst ones most. But I'm starting to learn a few simple truths that suit me.
1) Only go for actually (or definitely incipiently) profitable companies with anything more than a half-weight allocation of funds.
2) Always act on stop losses on speculative shares. If you love 'em that much, sell and buy in lower. I use 15% trailing stop loss.
3) I know too little about oils and their share markets and as soon as my present plays are over, I will probably divert the funds to profitable trading companies.
4) Miners I've had more success with, but it's still only backing a horse to win. At least with a growth support services company you can back it for a place too.
5) The only analysis to rely on is my own which I can do quite competently with turnover, gross margin overheads and finance costs - not with RNS promises.
6) Most importantly of all, I've come to realise that it does not matter what you paid for a share and no decision to remain in it should be based on that fact. What matters is where most effectiively you can invest the current value of your holding - in the same share or by moving on to a new one.
I need 9.77p to break even on SEO, but it's irrelevant. Will my much humbled holding in SEO double within less than a year more likely than EBTM or MSR or DGT - that's the old question? Whilst having not much to lose by staying in, I am getting to the point where I do not have as much patience as Schroders either financially or emotionally.
I sold off half my overweight holding in a highly potential but loss making share yesterday and bought into MSR instead. I have to say the emotional well-being brought about by having done the right thing far outweighs the financial loss I've said good-bye to, not least because I'm saying hello to a more probable future potential profit. And I still have the other half to reward me with if/when if comes good. So, last point - far from original:-
7) Run your winners and cut your losses (however painful).
End of lesson. Sorry for the ramble off topic, but I have to admit on re-reading it, it's a lot more interesting than SEO is currently. I hope you think so too.
greekman
- 16 Jan 2007 17:03
- 23262 of 27111
There is NO record of Starpol 3000 being submitted to the FDA.
According to the archive records, only Starpol 2000 is recorded.
Make of this what you will.
EWRobson
- 16 Jan 2007 17:24
- 23263 of 27111
That really is an excellent post from sd. Surprised really that he is still in SEO, really - not only because of the lack of business but also the lessons from the charts. Trouble is he can not only be 'dogged', but also 'cussed' (not 'cursed' I trust). I would also look at the capitalisation - though how do you say what SEO is worth now without any contracts but with, evidently, some brilliant technology. I uspect their biggest mistake was to put all their eggs in the basket of the shooting star when they had a number of safer bets (at least in terms of markets). The other thing is probability. Bearing in mind that poker was ruled today a gambling game, what is the probability that, in a years time, the value of SEO will be (a) 35m, as now, (b) 0; (c) 350m. All are quite feasible. Can I afford (b)? sd mentions three shares which are, in my view, 2-3 baggers on an 18 month view, with low risk. Not 10-baggers, which SEO could just be. Better in the 2-3 baggers with perhaps a little flutter on SEO.
Tonyrelaxes
- 16 Jan 2007 18:18
- 23264 of 27111
I have refrained from posting much recently and this will generally continue.
The 'new order' and slimline SEO have said all they need in the Prospectus and at the EGM. I am happy to let them get on with things for the timebeing. We can expect an update in the Finals (April/May?) and AGM (August?) or, as we were promised at the EGM, via RNS which will be "clear, unambiguous and factual" when the occasion arises.
I confirm, as others have said above, Starpol 3000 has not yet been submitted for FDA approval. Every ingredient has already been fully passed in its own right. It is just the exact mixture of them that is to be submitted, not done only because the final formulation proportions has not been agreed upon and is still being experimented with to find the best mix for all purposes.
Don't ask how I know. I do.
Those who know me, either personally or here over the last 2 years, know I am not given to bullshit and, in this case, some can confirm the authenticity of the above.
tweenie
- 16 Jan 2007 18:41
- 23265 of 27111
Well .
I'd heard the rumour and dismissed it- given the spate of rns's referring to s'pol300 fta approval beimng imminant.
lol.
cheers TR, at least someones open and honest.