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

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.

Interesting connection here,the management buyout of Betts from Akzo Nobel led by Paul Mines in 1999 was funded by Schroder Ventures.Incidentally AFC energys first contract is with Akzo Nobel but can't find a further connection,but why do I keep seeing the ghost of HW.Must be my paranoia ,only time will tell.

http://www.telegraph.co.uk:80/money/main.jhtml?xml=/money/2007/04/13/cnbmove13.xml

MadPad
Unconvinced about the ghost of HW influencing things although I understand he has been quietly moving behind the scenes to oust MW - probably for vengance purposes rather than regaining his job. Where and when did AoR's 4.4% holding go? - no RNS about that Notifiable Interest ceasing yet it is not listed in the Annual Report.

What does look encouraging is Schroders are apparently pulling the strings. I am aware (from an unconfirmed report) they had a meeting with SEO Board two weeks ago. I surmise that it was at that meeting they demanded 'their' man PM replace MW. I knew PM had had good connections in the past with the London Capital Markets, but didn't know it was Schroders. They must have been working on this for some weeks prior and already lined up Paul for the position and allowed him to consider it (and dictate his own terms?) as people at that level do not move usually in a week.

I think it will be too early to quiz PM at the AGM on Friday week but at least we can hear and meet him.

Interestingly, who is left that we can effectivly question?
The bean counter will probably confine himself to the figures, the old Chairman is resigning, the new one not settled in either. Liz hardly made a name for having abilities of informed eloquence at the EGM. That leaves the dear old Bob, but he is only the scribe. A pretty lean and uninformed top table it seems.

Another connection? Our new man is PM. Now, why do those initials seem familiar? Ring any bells?

Post Mortem?

Todays FT reports the appointment of Paul Mines after "consultation with a significant group of shareholders",otherwise nothing in the article we don't allready know.Page 20 Companies section.

The Telegraph reported that on Friday, Pad. See link above. Anyone know who 'significant group of shareholders' was? Schroders?

Schroeders I would have thought ,see the connection in my post 24218 above .Also any coverage in the FT has to be better value than that in the Toriegraph!

So that's it now,funds sorted out(last chance?),management sorted out (last chance?)let the next announcement be of a deal for all of our sakes.Must get back to the day job now.

yep ....... it's all smoke and mirrors until several deals are delivered.

They've got lots of innovative products and potentially several niches in markets to fill.
But until they deliver contracts and profit it's all JAM TOMMORROW.
holding.....shares not breath.
:-)

Any talks of a takeover yet?















8-)