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

'the price has risen >20% from its lowest point today'

My blood pressure has risen 80%. I had normal blood pressure until I invested in SEO.

Driver-I'm furiously licking my wounds but the trouble is they've hardly recovered from pcm !! I'm staying put in seo though as pcm made a turnaround and I was out.

The good news just keeps rolling in

This RNS merely confirms what the Market has been saying - Lies, Darm Lies and SEO Annual reports - oops can I say that?
It seems to me that Management needs to walk the plank - this fiasco is like the rumblings at MArconi - when will shareholders get decent management ?-
I suppose we have to await the new Exec settling-in (and this "Revieww" is part of that, ) some good may come but with the second Patent Fiasco starting soon - are we to allow another supplier to develop non-plastic supermarket packing? - my guess is "Yes" - since SEO was never up to the mark and we were investing "against experience" there being no evidence that they knew anything about anything. Trial-Delays were merely a smokescreen, it might seem (ie now).
Bah and Humbug.

We need answers to the obvious question - when should well-paid Management have reacted to these situations, rather than let them run - were they hoping "something would turn up" - if so just what was it?
Sack the lot!

Until now, I never knew that sacking meant the same as hanging!

hangon
AGREED, sack the lot sell, and share the money, peanuts but that lot would be out of work, with not a penny pay off i may add, mind you i presume they have contracts that say if i am useless at my job and you wan't to sack me then i receive 1yrs salery thankyou very much

i sold my small holding over 2 years ago...........and cannot believe investors still want into this company..........they must be mad!

i sold my small holding over 2 years ago...........and cannot believe investors still want into this company..........they must be mad!

Good for you petralva, that was a really constructive and informative post. Well done.

Gaz

Yeah, get lost Petralva.
Smug bitch

cynic
No chance of falling out its only money.


Frank Sinatra & Groucho Marx - Its Only Money

I have s feeling some are feeling touchy about this share.

it must be hard knowing that they managed to pick a share that has lost about 99% of its value in one year fred.

I wouldn't touch SEO with a bargepole.

Where has the love gone?Yes there does seem to be a lot of smug posters saying 'I TOLD YOU SO' etc

Seo is still in business.....for how long is anybody's guess.
Will it be sold/stripped or go bust.......again anybody's guess.
YOU PAY YOUR MONEY AND TAKES YOUR CHOICE.
YOU HAVE NO-ONE TO BLAME BUT YOURSELF.
.........as my wife has pointed out to me.

Will be sleeping in the garage and drinking HOMEBREW for several months.
Await and see what the future brings.
SURELY, it cant get any worse........LOL (Hope).

There are questions to be answered re past board. how to you go from 'on the cusp of commercialisation' for greenseal to ' no commercial value'
NO MMF , NO STARPOL sales.

Filed away -as was my next shares and hoping for a (better) future.

More bad news for Stanelco...Greenseal is a FAILURE...


Biotec patent challenges hit Stanelco - MoneyAM


Stanelco said trading expectations for the full year will be 'adversely affected' by patent challenges lodged against its joint venture company Biotec.

Trials of its Greenseal product showed the application is unlikely to lead to commercial sales.

The company put its plans to manufacture Biotec products in the US on hold and its sales and product pipeline from the 50-50 joint venture with SPhere SA is currently nascent and is expected to be developed over the next 18 months.

Underlying trading at its radio frequency application division remains steady, the company said.

In a trading update, the company said it is reviewing its cost base and has 11m in cash balance as at end-April.

Been out all day expected this massive sell off.But where is it? 38 mil buys Against 35 mil sells. Who are the people buying all these shares and Why? (Serious Question). Replys grateful 8-)

How to you go from 'on the cusp of commercialisation' for greenseal to ' no commercial value'
NO MMF , NO STARPOL sales.

This means a whole load of crap and BS the management told its shareholders previously...YOU CAN'T TRUST THEM.

*goes to get knife*







aaaaaaaargh, i thought what i didn't know, wasn't worth knowing..............lol

Stanelco PLC
29 May 2007

Stanelco plc

('Stanelco' or the 'Company')

Disposal of assets


Further to the announcement in the trading statement released by the Company
this morning, that it has reached agreement to dispose of certain fixed assets
and stock of its wholly-owned subsidiary, Adept Polymers Limited ('Adept'), to
MonoSol AF Limited for cash consideration of 494,000, the Board of Stanelco
announces the following additional information.

Adept previously developed and manufactured a range of biodegradable plastics.
As announced in the Company's preliminary results statement on 21 March 2007,
Adept's manufacturing facilities were closed during the 14 month period ended 31
December 2006, and the sale of assets is therefore expected to have no impact on
the ongoing business of the Company. The book value of the assets now being
sold, following a write-off related to the closure of the manufacturing
facilities, is 239,000. During the 14 months ended 31 December 2006, Adept
made a loss before tax of 2.12 million.

The sale proceeds will be used to provide additional working capital for
Stanelco.


For further information please contact:

Financial Dynamics
Jonathon Brill/Caroline Stewart
Tel: 44 (0) 20 7831 3113




This information is provided by RNS