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

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

My hope (not expectation) is for a "come clean" commentary.
I would like it to address every single point from the last couple of years and state, very simply, where we are with each now. No crap about what to expect, or how revoluionary it is.
If things from previous management RNS were tosh, tell us. If the filters are not worth a tuppeny upright, the Perseco thing was no more than a chat over a Big Mac, Sphere have said see us in court, GS is doomed because the only model to work is clockwork and Starpol will not get FDA approval because its 98% potassium, then tell us. No more smokescreens. Give us the facts and let us decide.
Its my dream results, but I still doubt we will get that. More likely an update that all these things are "making progress" and no more detail than that.
Alan

Unfortunately Alan, I think they'll be plenty of 'jam tomorrow'
I just hope (as you and most others) that it's sandwiched between wholemeal as opposed to Thinnly disguised H WHITE L-oafs :-)
The only saving grace is that I'll be on my hol's as of Tuesday and I've promised myself that i won't look at the Sp until I return in a fortnight.
I just hope I've still got enough investment to pay for the counselling I'll require if it all goes tits up.

That's me done for the day just bought another 510,362@1.158p.Best of luck for next week and have a good w'end all.

Alan Maybe your memory isn't what it used to be or maybe you were lulled to sleep, but we did get a pretty thorough summary of the situation in the placing letter of 9th October. For instance, the situation with regard to MMFs was covered on pages 9 and 10 and the lowered expectations for GreenSeal were covered on page 10. Actually, I take this (clearly essential) honesty as very positive. Despite the negativity of this reporting, in complete contrast to the flow of RNSs that preceded that date, institutions and major investors camer up with 14m valuing the company at 24m. It presumably was already clear that a complete shake-out of management would be necessary. They evidently took the argument that the use of these funds would get the company into viable financial shape within a year or so. The starting point is a pretty low ebb; the expectation for this time next year is quite a high tide; we need to be advancing up the beach by now. The still quite large army of private investors are not the concern of management so I will be content with news which is taken by the analysts and institutions as significant progress.

Eric

hewitland
if you want to know the "truth" may i suggest you invest in a book of chart patterns and how they can make you money,( or save you money as the case may be) there are lots of sites available offering such books. an investment of say 30/40 or so each for a couple of good quality books and an investment of time in reading and studying what they have to say for say a couple of weeks and you can then decide for yourself.difference without having to rely on managenent rns announcements and such likem that is the wonder and splendour of it.( no,im not promoting woolies)
ts just a suggestion and recommendation, not obligatory. it works for me and i like to share.

jkd

Thanks for the suggestion jkd.
I admit to being no chartist at all and I am always very sceptical of charts. I always see them as an historical record rather than a prediction of the future.
The writing of investment strategy books is one that always leaves me with a question on my lips. If the strategy is so accurate and foolproof, what is the author doing writing a book about it. He would be better employed using the strategy and getting much richer much quicker!
It is interesting how and why people invest.
For my (very amateur) part I simply try to see what joe public in the workplace or playground is talking about or buying. Which shops are mega busy with which products selling well. What rubbish is the government foisting on us now. From all this which companies will benefit?
SEO fits the bill on all these, if the product ever gets to market.
Lastly I apply two bits of advice. One is very famous and it is the yank who said never buy a single share unless you would be happy to buy the entire company and never buy a share for even a minute unless you would be happy to own it for 10 years. The other one is from a very wealthy and succesful man I met at Jebel Ali immediately after 9/11. We were discussing the implications to the finanacial world of the atrocities and he said he was preparing his biggest ever buying spree in equities.
"Son, I got rich doing the opposite of the sheep. When they all sell, they will accept too low a price cos they want rid of it quickly. When they all buy, they will pay whatever I ask. So when they sell, I buy, when they buy, I sell."
In the end, there is no right or wrong strategy. Whatever works. I probably ignore charting cos I'm too stupid to understand it and too lazy to research properly!!
Eric, I meant a truthful warts and all report on the current situation. Not the one 5 months ago. I sincerely hope it has changed otherwise what have they been doing since October??
Good luck this week to all.
Alan