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

Are the two new factories in US finished? started? did i miss it, hope they spend the 5.million they raised for that purpose on building them and not just to pay the wages

Erm, factories not started yet, staff too busy playing golf.

KIM
i have sent them an e/mail, see what response i get?

Small chance!

I am still awaiting a response to a query I Emailed to Financial Dynamics on 26 Feb.

And that is despite 3 chasers to Sarah at SEO on 2nd and 8th March (I was away for 10 days) then 20th March. All of which produced replies saying they would get FD to reply to me. The one of 8th even stated Financial Dynamics would be discussing it with Clive Warner the next day.

Sarah now away but Andrea dealing with her stuff - OR NOT !

I have come to the conclusion that SEO think Financial Dynamics should reply to all emails and F D think it should be SEO, hence no real replies!

From the accounts:-
"There is considerable demand for Biotec's range of products. However, the pace at which we can deliver these products is currently being influenced by a shortage of one of its core ingredients, PLA (polylactic acid) resin. The Company is pursuing several options to obtain further material and is also trialling alternative materials. Until such alternatives are in place, there
will be some delay with investment in manufacturing facilities in the US."

Or put in another way:- "We are very grateful to shareholders for putting their hands in their pockets and giving us loads of their hard earned, which we had pretended would be spent on manufacturing facilities in the US. However we have been anticipating and awaiting the open skies accord which we realized would ease restrictions on travel between Europe and the US and so we could take advantage of the lower air fares to fly small quantities of our material (as we cannot get hold of large quantities) to and from the US, whilst taking advantage of their superior golf courses to test our bio golf tees."

One bright spotm They actually mentioned Wal-Mart. Cagey or what?

Had they mentioned Wal Mart in Howards day it would have been good for 5p on the share price,interesting how sentiment changes.

You're so right madPad!!!
Just the rumour that WM were interested was one of the great forces pushing it to 29p. 3 products on the shelves and it falls!!
New era, I suppose, but the one tiny flickering glimmer of hope in the most banal and meaningless results ever.
Alan

So we now know that Walmart have 2 SEO products (out of thousands) on their shelves.
A couple of years ago, I would have been very pleased re this and would have looked at this as a positive step.
After all the hype over the last 2 years, to find a drip feed of products finally making it to the shelves makes me feel more negative than positive. How long will Walmart wait for SEO to produce big time, or before a competitor takes the lead. There are plenty of companies who are coming up fast. If SEO continue as they are it wont be a case of the Hare and the Tortoise fable where the Tortoise doggedly keeps going and crosses the line first, it will be a real world ending where the Hare always wins.
But still in as SEO for me was a win or loose all investment (gamble).
I still have faith but it is wearing very, very thin.

woo news on seo

Another institution who obviously do not know what they are doing according to the pessimists!!

Stanelco are over the worst - the only way is up - the question is how long and how far.

Must be close to 50% of the shares held now by the institutions - not bad for a fledgling!!

Pinnacle- Totally agree i thought this share had bottomed out at 1.03. About time we started hearing more positive things on tis thread!

Don't wish to be the killjoy, but I read this RNS as simply a bit of FSA housekeeping. None bought or sold, just a slightly different way of stating the holding they already had.
Sorry.
I'll get my coat.
Alan

just... lol

Can you say that again in English?

Alan,

Agreed. I think we have all noticed over the last few months such items as all companies now releasing voting rights , further itemized details of holdings etc more regularly.
This is due to as you say the Market rules being tightened because of FSA reports,(about time to)
But saying that it does put SEO in a slightly brighter light in my eyes as it is easier to see at a glance who hold what and how much (institutionally).
I had not realized that these institutions held quite such a large percentage of the shares. Previously it got lost in all the bumf.

First Law of the FSA.
Any directive issued under the headings Clarity, Transparency or Simplicity has only one purpose.
Confuse the hell out of anyone not involved in designing the legislation.
off topic, but the FSA is too diverse for its own good. It is not possible for a body that large to CONSISTENTLY regulate such differing areas as retail credit, accounting policies, share dealing, company structure and retail investment products.
It desperately need to be broken up and replaced with bodies with specialisms. The idea that the bloke at your local 2nd hand car showroom jumping through the same hoops to sell a car insurance policy as the controller of a 10bn investment fund is ludicrous. There is a real need for regulation and restraint in areas of large finance, but for a 5 per month saving plan? I don't think so.
The time has come to apply common sense to the policy makers and re-introduce a bit of the old idea that people are grown up and can make their own choices. They do not need to be told what the salesmans commission is, or the brokers profits!!
Give me back a bit of the "caveat emptor" philosophy. In a free market, a cowboy company does not last two minutes, and the lowering of regulatory requirements saves the good guys a fortune. This gets passed on in lower prices and everyone benefits.
Rant over about the FSA's strangling beaurocracy. Back to SEO.

Back today from a week away....no great shakes then!

Might as well stay as lost too much already!

Alan/Pinnacle,

To clarify: Fidelity have reduced by 22,540,600 shares from 7.74% to 6.98%...by my reckoning.

Typically shortsighted of SEO to waste ms negotiating contracts for say 100,000 tonnes of Starpol without first ensuring there would be sufficient supply of PLA. A quick look at the Natureworks website will reveal that their annual capacity is 140k tonnes. SEO announced its supply aagreement with Natureworks 30th August 2005.

SHAREHOLDINGS
The forthcoming Report and Accounts which should be falling on our doormats within days will clarify things but it seems to me, from last known information and dates thereof, that 'Institution' holdings are:-

421,948,469 (14.17%) Shroders - 6 Dec
210,030,606 ( 7.05%) Barclays - 14 Mar
207,871,085 ( 6.98%) Fidelity -23 Mar
93,290,504 ( 3.13%) Credit Agricole - 15 Nov

This is 31.34%. There may well be others holding less than 3% - 89,329,405 shares. In fact there must be more out there with Institutions - the Closed Placing was for 1,375,000,000 shares (46.18%)

Additionally we know from the 12 Oct Prospectus that Richards and Appleby had 67,281,300 (2.26%) and on 30 Oct Age of Reason had 132,078,122 (4.44%). We have not been told of changed shareholdings/percentages from them which may have arisen if they took up their Open Offer entitlements.

This now accounts for 38.04%.

Just thought it might be of interest ;-)

I believe that T&G are forecasting a loss for this year of 1.1m and then a profit for 2008 of 4.2m

The oily one