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

Lets hope this is at long last the beginning of a beautifully green and pleasant future.

There is a picture of the new man at www.reuk.co.uk/Windmine-Interview.htm together with a few more details.

Oblomov

Its looks as though the market has removed the nails from the coffin and has revived the corpse.

The oily one

Along as the new CEO doesn't resign in a week's time there may be a chance for SEO yet!

Is this new guy called Lazarus by any chance????
I hope so................

What a pity this never happened last Monday, Alan as the timing of your remark above would have been impeccable!

The oily one

Not sure about the haircut but look forward to meeting him and the new chairman at the AGM.

Market seems to like the idea - up 8.6% so far!

Up 8.6%? Let me know when it's gone up 1400% -thats when I go back into profit!

It wasn't long ago when the positive posters here(there still are some) were putting their hope in MW, saying how he'd made a clean sweep, got SEO back on track, etc. Then in March we heard no MPP's, no Greenseal, no progress.

So what happened to MW the saviour?

Eric - where are you I'd be interested in youe opinion now MW's gone - you in particular put much hope in him - what now, start all over again with a new CEO so none of the past mistakes matter?

I think we owe much to MW.

He implemented the 'Strategic Review' and got rid of all the old Board and senior personnel including the virtual owner.

He oversaw the refinancing and persuaded Institutions to stump up 11m initially and buy more shares to the point they now own about 30%.
Ironicly for him, MW's present demise probably comes from those same Institutions - I believe Shroders had a meeting with SEO two weeks ago and MW has been 'off, on leave' last week. Also, on looking into the new man's background he certainly had contact with "London Capital Markets" ie.Institutions while at Betts.

Martin - thanks and good luck.

Paul - welcome and good luck. And get on with it - but keep us informed please.

Back to SEO: (Re.11 April mikeylad...) - sorry I don't know about their products currently....like many of their potential customers I'm guessing. Just look at that sp - dead in the water for six months.
Grief!.. and now we learn Directors are snapping up just 10k's worth of shares - that shows confidence that this shambles will continue...at least until they are booted out..
Bring it on....

It has been mentioned on another site, that the removal of MW may herald a new horizon.
Is this another of SEO's horizons? There have been many (too many).
It was the major share holders that forced the issue, re MW. The only fault with MW going is that it should have come sooner.
He looked a bit like a certain football manager, bought in with promises of all good things, then!!! (Now who could I be thinking of)
As to the push/jump of MW being priced in, my own view is that this share will not noticeably move till we get those 'on the horizon contracts'.

A bit of useless info....The horizon on level plane (at sea) is 22 miles away.
The trouble is if SEO were a ship, they were under the old management the punt, full of water, sinking at both ends. With a new captain and crew at the helm will they make that horizon before they sink completely.
Its no good having a nice sleek boat/ship (the products) if you cant steer it (the management)? Look at the Titanic.

The new team at SEO better start proving themselves soon, or it won't just be MW thats asked to leave.

Did M W also tell the institutions that Wallmart were just around the corner? i'm beginning to think this is a no hoper if it was any good it would be selling itself, moan over and still holding

Hangon
John Standen and his wife now hold 34k shares between them, not a lot of money to some people, but I know how much earache I get from my wife when I buy a new Amy Winehouse (or Whinearse as my good lady so ungraciously calls her) CD....... "total waste of money" etc etc, so either JS is a really hard man or he knows his wife will have nothing to complain about in the near future!!

Guys I am REALLY panicking now.

We've sacked the one and only bright hope. The man that got rid of all the dead wood and was turning the ship around. The ex ASDA till operator plucked from obscurity cos "he'll sell Greenseal to ASDA"

Good ridence.

NEXT!!!!!!!!!

Q.

And the first REAL director deal that I can remember. Wow, all in one day. And Wagner did turn it around, a 10% increase the day he is shown the door!

Q (hi)
Agreed, about MW's achievements.

The question to ask ourselves is - was SEO potentially a brighter prospect yesterday than it was under Ian B and Howard W?
If the answer is yes we must thank MW.

Irrespective of his own failure to deliver contracts, he did sort out that lot out and cut costs for the future. And secured sufficient cash to see it through quite a long period.

To my mind, positive RNSs today.
The dreamers are gone, so now we can put an end to the nightmare........or am I dreaming?

If MW was as good as many of you have said over the past year
maybe it is the products are at fault. If so, no matter who tries to save the good ship Stanelco, it'll surely sink eventually. Has he left a sinking ship?

By the way, this is the last known photo of MW - make up your own minds:-

http://www.prw.com:80/homePBP_NADetail_UP.aspx?ID_Site=818&ID_Article=16694&mode=1&curpage=0

A welcome change in my view; he did some good things but has not translated Letters of Intent into orders. The new CEO looks to have a better track record on that front. In a world increasingly saying it wishes to be greener this company should be making much more progress.