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

well totally against my better judgement and common sense, i brought some more.
Am I a fool?

I don't think so Tweenie, I have a limit order placed for 1m; I may just go without limit by the end of the day, if only I could get my arm out of this straightjacket.

KIM - sorry - made me laugh

Baz, I don't know what it is about this share, all the good things I have heard from the company itself and from those associated with it, plus the learned ones on this BB make it a solid buy; the errant RNSs from SEO and the lack of any visible real progress make it a solid sell. Then again we have heavyweight institutions obviously very interested so that to me swings it back to hold/buy. My psychiatrist says he is going to charge me rent as well as his huge fee if I occupy his couch as much as I have been doing recently which is why I put a 1.06p limit on my order today. The way things were going it looked like it was going to be executed, it wasn't. Tomorrow I shall visit my psychiatrist again because the share will probably fly up by 10p before market open!
kim

If it does........I shall pay for your bloody visit as a thank you gift.

Cash only......no receipt.

Depressing show by 'howway the lads' this evening. Feeling cheered up by this thread and reckon that there are some canny lads and lasses - deserve better as do Newcassel supporters. Have been asking myself whether the management (of SEO that is) will bother to give any faintly encouraging news next Wednesday. They are worried about (a) their jobs, (b) telling the institutional investors what they want to hear. Now that is not necessariuly the same as we punters. They don't mind whether the price drops to 0.80p so long as they see some decent appreciation by end-2007 or by the time the money runs out. So it will probably be OK to repeat what they said at the presentations when they invested plus some indication that they are 'on track'. That could be enough for the market generally. But, in contrast to the Howard White era of hype, I suspect we are now in the era of anti-hype. 'We are good sound custodians of the investors funds; everything is being done properly in seemly fashion'. I am feeling as gloomy as Eeyore - would someone like to say something mildly encouraging? If nobody does, then I will probably do so myself tomorrow!
Eric

Eric

We don't live in Bagdad!!

Or is that not positive enough?

The oily one

PS On a serious note, I have a sneaking suspicion that the company is turning around and that whilst the results will be pretty awful, there will be some encouraging forward looking statements.

Miserable buggers.
Lets admit it. We know the results will be dire. we know the institutions will already know what the results are (more or less) and what the current situation vis progress is. If they were to sell out they would do it before all this became public knowledge, not after when the SP had fallen again. They appear not to be doing that.
I expect Wednesday to be factual, letting us read whatever we want into it. No sugar coatings, no billion dollar promises. I have given up trying to predict and forecast what they are doing and where they are going. I am just following the lead of those with more than my widows mite invested, who have probably even had a hand in writing up the "obiter dictum" part of the annual report.
Just waiting and hoping.
alan

Assumptions are making everyone think that the results will be dire.

My guess for what it is worth below 5.5m loss.

Then concentrate on the statements by the management.

They are working every hour and I believe their efforts will be rewarded along with our patience.

Pinnacle

You sound as though you are my 'man under the boardroom table'

lol

The oily one

Oh well, in for a penny in for a pound, or in my case 1.09 which I should have done yesterday! My psychiatrist confirms that I am completely mad and as it is 'Freaky Friday' I thought it appropriate.

Eric
Sorry Eric - looking for a repeat performance on Sunday - long suffering Charlton supporter, long suffering SEO supporter, blimey, I must be insane !!!!
Dave

You think you've got it bad???
Try Leeds Utd.
Now you know you are certifiable.
And Eric expects sympathy cos Newcastle went out of "The European Back door TV Rights Trophy"? No chance.
Alan

Never been described as that before!!!

The past has turned investors into pessimists who now believe no good news will ever appear!!

This may well be understandable - however this thought is now wrong.

Does anyone remember Next plc when their price went to below 3p - look at it now - shows what can be done by a new management who have the backing of those that matter.

Stanelco is really starting from scratch and will no doubt want to rid themselves of anything that will hold them back in the future when the results are announced.

The house broker is still stating a figure around 5.5m loss - well that is old news - the key is the outlook and future statements.

Try and put yourselves in the position of taking over the reponsibility of a company that has previously had very poor management but an excellent product range - how quickly do you think you could turn it around?

It's not an easy job - take it from one who knows - there is never enough time and those out there always want results as if you have a magic wand or something.

This new management are doing their level best to restore the company fortunes and are succeeding - they have not been there 5 minutes yet, so be patient and give them credit for taking on such a job - otherwise we would all have lost our investment.

The Institutions are not stupid and know that the potential is huge - they are prepared to give the new people time and so should we.

Next week in my opinion will not be as bad as most have talked themselves into thinking - so just a few days now and all will be revealed.

Have a good weekend.

Damn, had just managed to put the agony of our pathetic effort last night to the back of my mind, and then there it is on the bloody SEO page of all places, When will we (Newcastle) get a new Chairman and a decent manager...? aha bout the same time as an SEO deal with Mcdonalds i hear you say, wishful thinking indeed...

I think I may just have a good weekend Pinnacle, I had expected the sp to plummet after my deal but it hasn't, which goes against my usual run of luck. I might try the lottery or bring my new set of golf clubs out of hiding to show to my wife: or perhaps it is a little early in the day, there is still time for sub 1p!

While we are all waiting for SEO to turn round check out my Uranium special on Drivers Tips.

http://www.moneyam.com/InvestorsRoom/posts.php?tid=9585#lastread

Newcastle and Leeds have been in intensive training recently with the old SEO management, they have been taking lessons in how to disappoint their faithful followers.

Well, discussion of Leeds and Charlton underline how lucky we Newcastle supporters are. Not a bad run - was it 15 matches unbeaten? My new spirit of optimsim is even extending to SEO. Reckon all we need is 'cautious optimism' to change the attitude of smaller investors for the positive. Agree that the major players who supported the fund-raising just need to see the new management working to a plan, avoiding hype, negotiating longer term deals. In particular, clarity is needed for the way forward regarding the MMFs in the US: the offer letter indicated that the fund-raising would cover the first two MMFs, either built by Biotech or by Stanelco. However, in the latter case, the agreement of Sphere would be needed and this position looks cloudy. The best outcome is for Stanelco to take the commercial lead but for revenues to be dealt with through Biotech; only 50% comes to SEO but better to have one 50% than two lost in the bush.

Whilst the offer letter admitted the problems with GreenSeal implementation and accepted that roll-out would be slower than anticipated, I do expect to see sufficiently strong progress that a revenue projection can be made; if not in the report, then subsequently in analyst projections. Ideally we should be informed of the first operational installation and thus the freedom from the ASDA commitment.

OK, management have only been in place for 5 minutes but it is actually 5 months. Other expectations?

Eric