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stanelco .......a new thread (SEO)     

bosley - 20 Feb 2004 09:34

Chart.aspx?Provider=EODIntra&Code=SEO&SiChart.aspx?Provider=EODIntra&Code=SEO&Si

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


qtheman - 13 Apr 2007 15:54 - 24212 of 27111

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!

Tonyrelaxes - 13 Apr 2007 16:36 - 24213 of 27111

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.

kimoldfield - 13 Apr 2007 16:40 - 24214 of 27111

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

oblomov - 13 Apr 2007 16:42 - 24215 of 27111

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:-

Sharesure - 13 Apr 2007 17:42 - 24217 of 27111

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.

Mad Pad - 14 Apr 2007 09:25 - 24218 of 27111

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.

Tonyrelaxes - 14 Apr 2007 18:35 - 24220 of 27111

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?

oblomov - 14 Apr 2007 23:04 - 24221 of 27111


Post Mortem?

Mad Pad - 16 Apr 2007 07:45 - 24222 of 27111

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.

oblomov - 16 Apr 2007 08:13 - 24223 of 27111


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

Mad Pad - 16 Apr 2007 08:23 - 24224 of 27111

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!

Mad Pad - 16 Apr 2007 09:19 - 24225 of 27111

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.

tweenie - 16 Apr 2007 10:41 - 24226 of 27111

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.
:-)

Fred1new - 16 Apr 2007 10:50 - 24227 of 27111

Any talks of a takeover yet?















8-)

hangon - 16 Apr 2007 15:10 - 24228 of 27111

They may have some good products with stacks of potential, but they have pretty inept management - witness the sp graph.

-and who told us about these exciting products?

-why it was the inept management.....now, you believe them when they say "this is great", and when they can't deliver, you think the products are still great -

-so it's the customers at fault, ah! that's the answer.
Grr!

hewittalan6 - 16 Apr 2007 16:01 - 24229 of 27111

Is something stirring in Stanelco towers??
Rises for a couple of days!!!
Is this just because we now know for certain who is pulling the strings (Schroders) and we have more faith in them than the previous puppeteers??
Interesting.

greekman - 16 Apr 2007 16:09 - 24230 of 27111

Products often have potential. As far as the investor is concerned, the greatness of a product can only in my opinion be measured by sales. I am sure some of you remember Leonard Rosita and his Grot Company Products. He invented products that were completely useless, but they sold, because the customers wanted them. OK a comedy, but in all seriousness, it is customers that define success, more than the product. If the customers don't want/buy it the product is useless.

Just a thought, Leonard Rosita, SEO CEO. Now theres a thought. Shame he's dead.

Just seen the above post....Stanelco Towers, Do you mean Fawty Towers, John Cleese as MD perhaps.

oblomov - 16 Apr 2007 16:29 - 24231 of 27111

'Is this just because we now know for certain who is pulling the strings (Schroders) and we have more faith in them than the previous puppeteers??
Interesting.'


No, Alan - it's because the stock market has risen generally and taken SEO up a little with it.

SEO's SP is stiil pathetic. An 8% rise of a pathetic SP(virtually nothing) still equals a pathetic SP in my book!

What has to happen with this share before certain shareholders realise the company is a dead donkey? The next cash call?



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