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

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

jkd

Interesting post, BUT with Stanelco given the nature of the stock, charting and forecasting the future direction of the share price is far less precise than it would be for a FTSE 100 company.

SEO is essentially and will be for the foreseeable time a news driven stock which at any time can blow whatever the charts are indicating right out of the water.

The future for this stock, if the statement has a promising forward looking outlook and forecast is volatility with many sudden spikes.

I believe in studying charts myself but less so for a stock like SEO.

The oily one

Hi everyone

I never normally post on these boards but I wanted to make sure that my post from the stanelcodevisland site made it here as I think that it is only fair for all shareholders to have the following information, given all the rumours that are spreading at the moment.

'This is a quick e-mail to let you know that I have received some clarification from SEO about the current situation with respect to the rumours.

Basically, from what I have been told, the current board at the company is aware of the recent rumours, is not concerned about them and during recent meetings with shareholders strong support has been shown for MW.

Lets hope that this means that things are beginning to stabilise and that we will get the kind of good news that we have all been waiting for. At least the SP is showing signs of strengthening.'

Good luck and DYOR but my own plan for what it is worth is to wait for the results on 21st and then male my own mind up about the future potential of SEO

euanmebabe - squelched - got to be another incarnation of PM1

greekman
i refer to your earlier post about kevlar stopping bullets. as i work with the shit ( and believe me it is ), what is more impressive, believe it or not, is its ability to stop a knife. and while it MAY stop a bullet, depending on many factors, it still hurts, and will not prevent fractured ribs or very severe bruising, even death as the kinetic energy of the bullet has to be absorbed. whatever the weapon, you dont want to be the recipient.

nothing to do with SEO but its quiet

euanmebabe
What rumours are you going on about, is it the one that says there is a possibility of this company going under I have been thinking that for the past year. Well there is always a possibility of that; I have had a few stocks that have done just that. To top up or average down before we know what is going on is just greed driven IMO 1.2p a share is not cheap if SEO are not here next year. I hope I am wrong but I will wait for news before adding to this pig anymore.

Superod,

See The Talk to Yourself Thread (Kevlar).

Greek.

It is rumoured that Gordon Brown will announce tomorrow that he is to postpone his Budget until Thursday as the country will be too busy reading SEO's results to bother about his little item. It is also rumoured that he is to abolish all forms of tax for holders of SEO shares (record date 18.3.2007). My psychiatrist says I have hallucinatory thoughts, but what does he know? he only thinks that he exists, he's not real.

Rumours 18m loss,Howard White wants Martin Wagner out and might call an EGM.Read all about it on iii and Pauls site.sir m is behind a lot of it.Anyhow roll on Wed for hopefully some facts.

Rouge order?

The order book suddenly jumped to 1.17 for a buy order.
2 mill went at this price, then buy order top price dropped straight away. Strange sudden increase then drop. Although not much (2 mill) someone wanted some at a premium.

Greek, Doesn't that mean they are trying to lure buyers in ???

The order I referred to was on the buy side of the book, so this to me looked like tempting sellers. Someone was willing to pay (and did so) 1.17 for 2 million. It worked, as almost immediately it was matched with a seller.
As it has gone quiet since, any early indication withered away. I was hoping for several similar orders to get on the book. It never happened.

Hi all,
Having dug the car out of over a foot of fresh snow this lunchtime with my bare hands and then driven it over 700 miles home through many snow storms across France, I do not right now feel highly inclined to read the last 10 days posts.

I see little has changed in SP or news releases so presume the posts I am missing are the continuing going round in circles of 'informed' or more 'intelligent' posters responding to less informed posts of others !
Please correct me if the last 10 days here are of benefit to read (no offense intended to anyone).

Hi TR,

Nope, that's just about it.

Greek

Hi Tony no apart from the rumour mill going into overdrive ,see my post above,nothing of any substance all waiting for tomorrow.

Anyone following moves at the top (of SEO)...?
The way I see it is that Chaplethorpe has been a similar disaster to SEO, so they have got themselves a couple of new execs - one is an accountant (always a safe pair of hands if you don't want any fresh ideas)....and the other comes from a background in finance with - (-0h well, YOU read the RNS...). Now where do you think one of the deposed execs will be going?
Gardening, car-washing, shuffling about the corridors of power (let's hope not, eh?).....
And the other one........he's going to SEO = a real cutting edge company that is a magnet for high-flying execs with profits, turnover and shareholder-value at their hearts.....Grr it looks like SEO is a trial dump for worked-out ideas (these packaging promises)....and similarly with execs - so we SEO shareholders can expect a further delay of six months whilst the new Board gets its act together and then launches a full-out fundraising (more dilution!) so that the execs can share-out the remaing cash before business-needs (the purpose of SEO) overtakes the day-to-day management demands to be cossetted and provided with tasty sustenance, hey-noney freebies and a decent pension advisor.
I'm not sure whether to be glad for the shareholders of SEO or (more-likely) Chaplethorpe [CPL].
Note that both are full-list, have somewhat similar sp but CPL has an enormous turnover.....please DYOR.
- - - All IMHO - -

Its not surprising when disgruntled holders of SEO and former holders look on the negative side of any appointment; thus hangon's take regarding Standen as the new Chairman. But there is an obvious reason why Lovegrove is leaving and a complementary reason for Standen joining. Lovegrove was Chair over the company when it failed to deliver the promise of its trail-blazing products and is likely to have been eased out by Schroders (assumed as representative of the institutional holders), possibly after a period while they sussed out whether he would deliver. Similarly, Standen will be acceptable to Schroders and thus completes the changed team.

Tony - hope you had good hols. You missed nothing of note. The sp eased back with what appeared to be some shorting (repetetive sales) and has only recovered partially since last Wednesday, presumably with buying ahead of the results. The Times issued a piece indicating results around -5.5m, more or less on expectations. Its been generally accepted, I think, on the board that the RNS is a thing of the past; anything said with the results will be cautious; such comments will be directed at institutional holders (old and new) and will be aimed to show that the foudantions have been properly laid for future developments. Personal expectations are: (a) that the issues related to MMF plant(s) will be clarified and hopefully plans disclosed; (b) that confirmation of the final acceptance of GreenSeal trials will be linked with a new forecast of roll-out. Less than this and one will wonder how the 35m cap. is justified; more, e.g. firm orders, and the sp could start to show progress.

Eric