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

Re Pinnacle post 24332.
FWIW
I have just had a serious investor tell me that SPhere are in the process of formulating an approach for SEO and it will come very soon.
I cannot substantiate this, and he gave me no real detail of what he expects, or the likely timescale other than to say it may be much sooner than I thought. (I thought possibly mid-late summer).
I will try and corroborate this, though I doubt very much that I can, so please do not hold me to ransom on it!!!
Alan

get out you fools. - LSE; setting you up (SEO)
roxcs2000 - 01 Jul 2005 12:27
mickeyskint - 01 Jul 2005 12:34 - 2 of 4

he had it right, and still does

Mmmm ..... interesting post Alan.

Against the background of stories that SPhere are consdering a flotation during July to provide capital for targets in India and China (possibly a smokescreen). If they have any real intentions towards SEO, it makes interesting reading and does cause a lot of people who attended the AGM to reflect on PL's attempts to downplay the production figures at Biotec the effect of which will keep the share price suppressed prior to a bid.

Shoot me down in flames if you wish, but it does have a ring of credible possiblity about it doesn't it??

The oily one

Alan I am also a serious investor in this share (normally posting on the devisland site) - I hold just under 3m shares.

May I hazard a guess as to who you heard the information from.... is it M.A. (a friend from Essex)? He's been right every time before...

Even if I'm not right please can you email me mjjwinter@hotmail.com

cheers (I went to the AGM and I believe SEO are holding something back also)

I'm not sure if this info has already been posted as I cant be bothered browsing through previous theads:

It may add some more fuel to the fire!

Groupe Sphere looking at IPO among options to finance further acquisitions, sources say

By Marion Bougeard (FT Times)

Published: April 30 2007 16:17 | Last updated: April 30 2007 16:17

--------------------------------------------------------------------------------------------------------

Groupe Sphere, the private French manufacturer of household wraps and waste collection packaging, is considering a float, two sources close to the situation have said.

One of the sources said that an initial public offer was one of the options to expand its business and finance further acquisitions. A spokesperson for the company said that an IPO is not on our calendar today, but didnt deny that IPO is a subject of discussion.

In April 2003, the Persenda family sold a minority interest to Barclays Private Equity, which leaves the current shareholder structure at 65% of the company being held by the Persenda family, 20% by Barclays PE and 15% by employees and management. It is understood that the company would be valued at about EUR 250m.

The French family-owned group would consider an IPO as soon as July 2007, one of the sources close to the situation said. It is understood that Oddo Finance has been appointed as the adviser for the listing, which however was played down by the second source.

Created in 1976, the group has revenues of EUR 300m and manufactures fruit and vegetable bags, food wrappings, films, baking parchment, food containers and has been quoted recently to be the last profitable company in the business following higher petroleum prices. Sphere has put an emphasis on biodegradable plastics with the acquisition of the German company Biotec in September 2005. John Persenda, chief executive officer of the company, has been reported by industry publications to be interest in buying companies in India or Brazil.

well so long at it's a buy out at 5p ish I can live with that.
Unfortunately I think IF it happens it'll be a lot less if it's a bit from the continent.
I also think SEO will flog bits off before any sale.......
The only upside of a potential bid would be to see who else pops out of the woodwork.
In the world of packaging theres plently of bigger players and I'm sure if the future is green , they'll want there share of biotec and the R&D and patents/ ip's owned and badly marketed by SEO.

Maybe there is a silver lineing to their incompentancy.

WHATS HAPPENING AT PLANET SEO THIS MORNING?

Would Sphere allow another competitor to buy SEO and with that SEOs share of Biotec, and that 'golden' share?

With regard to Sphere floatation.
What is the specified minimum time of 'notice' that they have to give?

If they could'nt compete against a biger bidder........... they would'nt have much choice.
Anyway it's all mindless but entertaining speculation and if it punps up the sp ,I'm not complaining. Maybe it'll buck up the ideas of the board and we'll get some real progress/updates.

Supposing yet another friend is right (this time from Essex LOL) - and say 50 %, no let's be generous, 100% upside to current sp - that gives us a buyout of what, 2.2p?

Not nearly good enough! But Insti's probably would go for it.

IF the potential deals {why do I hate that phrase} are achievable, surely the company is worth more than ~60m.

Agree, garyble. It is downright crap, compared to what we hoped for.
Value?? Like my opinion, it is worthless. The best one can say is that it will be more than the sp and less than we want, even if it does happen.
Lets be honest, time is not SEO's friend right now, and the longer things go on, the cheaper they will be to buy. If business is not forthcoming, then SEO will find itself hawking the streets like a tuppeny whore for a suitor who can take it on, regardless of price.
Depressed.
Essex??!! Never been and sincerely doubt I would want to.
There. I'll never have a friend in Essex now. I've alienated them all. ;-)
Alan

Does anyone know or care to hazard a guess at what Sphere are worth.
Then I can start a rumour that SEO are taking them over.
:-0

Of course, Sphere do note need to do an IPO, they can simply buy/reverse into SEO and take over it's listing, killing two birds with one stone.

Frankly, I'd be very happy for someone to make the decision for me and buy me out at almost any price north of 1.12p. One less share to track, one less thread to read.

Alan - I am tempted to ask if the cricket season has started again - lol!

why are such mickey mouse buys and sells .........especially sells having such an impact on the sp?

if mickey mouse is buying and selling, what does that tell you about the company?

It could be Disney world.

What we need is a mouse in a biodegradable carto(o)n!

I smell a roland rat

I had a trawl of the deviseland site and it would appear that even PM is resigning himself to a buyout.
Fat cigars and pats on the back for the NEW NEW directors, a job well done in lining their own pockets?
The future is GREEN(backs) for some.
Unfortunately not me.
I need 5p for evens.
Not very happy.