bosley
- 20 Feb 2004 09:34
dawall
- 18 Jun 2007 09:47
- 24772 of 27111
I think it is incredibly fishy that Paul Mines has not said anything re. Biotec manufacturing output, targets and capacity particularly given what was reoported in one of the French journals and the apparent silo installation at Biotec. If all that has been reported is true then it would be fantastic news for SEO, certainly share price sensitive and certainly worthy of inclusion in a "trading update". Now why would they NOT include it in a trading update?
Sadly the only conclusion I can come to is that there is something in the contractual detail that previous management, as with everything else, have f----d up and means that SEO are not entitled to profits from the Sphere revenue stream. No one from the "new SEO management" has categorically confirmed that it is a 50 / 50 split on ALL profits. What has been said in early RNS's re. the Biotec deal and JV means nothing as we all know now what a pack of lies previous RN's were!
dawall
- 18 Jun 2007 10:34
- 24774 of 27111
yea just enough sections in each cylinder to put a letter on each S.P.H.E.R.E
Mad Pad
- 18 Jun 2007 17:45
- 24775 of 27111
dawall I'm with you on this one I think there must be "a rat in the woodpile".PM is convinced it is a 50/50 split( see his site and his post at 14.01 on iii)but with the recent track record it would be hard to see how they havn't screwed this up as well.Certainly the market is not impressed,but as allways time will tell.Down to last 1/2 mill.and hope I'm proved wrong.
greekman
- 19 Jun 2007 08:48
- 24776 of 27111
There are a few rumors doing the rounds, re Sphere, Biotec,etc.
Also heard on the grapevine that Stanelco are to concentrate on the RF side of the business and they are bidding for the contract to RF weld the new radio active containers for all those nuclear power stations the government propose to build.
OK last one in the shelter!
garyble
- 19 Jun 2007 11:36
- 24777 of 27111
We should have another thrilling RNS in a week or two........A few mil of our hard-earned gone to complete the purchase of a company that will mostly likely yield some serious profit, but sadly not for SEO!
tweenie
- 20 Jun 2007 12:35
- 24778 of 27111
http://www.packagingeurope.com/NewsDetails.aspx?nNewsID=14131
well the silo news is there in technicolour.
lets hope it makes some difference.
oblomov
- 20 Jun 2007 12:52
- 24779 of 27111
Thanks for that, Tweenie. It has to make a difference if half the profit is SEO's.
But is it? Seems to good to be true - and why no rise in the SP?
This is interesting - 'The Emmerich-based company "Biotec" is being visited by a range of celebrities, including the Walmart board of directors'
Could it be a case of 'Demonstrate the European setup works, then Walmart will sign up' and it will be time to build the MMP's in the US?
tweenie
- 20 Jun 2007 12:57
- 24780 of 27111
Ob.........
It's gone up .001p, what more do you want.
:-)
oblomov
- 20 Jun 2007 13:05
- 24781 of 27111
A lot more, Tweenie, a lot more!
boldtrader
- 20 Jun 2007 13:42
- 24782 of 27111
we must now recieve some comment from SEO regarding this latest development stated clearly in print.
garyble
- 20 Jun 2007 13:57
- 24783 of 27111
Oblo,
Stop with hypothesising and get your head back in the sand with the rest of us.
I don't think anyone in their right mind will take a serious punt on this untill either a deal is announced or absolute, unequivocal proof of success in the near future.
Too many have been slapped in the face, bitten on the arse and generally buggered all the way down from 30p.
garyble
- 20 Jun 2007 14:07
- 24784 of 27111
"the Emmerich-based company "Biotec" is being visited by........a French film team."
I can see it now: STANELCO the movie!
dawall
- 20 Jun 2007 15:01
- 24785 of 27111
more like "Cliffhanger!"
garyble
- 20 Jun 2007 15:21
- 24786 of 27111
"The Sting"
jimward9
- 20 Jun 2007 15:27
- 24787 of 27111
garyble
Is their a big explosion at the end, can just imagine those towers falling, THE END !
garyble
- 20 Jun 2007 15:35
- 24788 of 27111
Jim,
Highly likely with powdered starch in a confined space!...... Hope the system is Atex compliant!!
Fred1new
- 20 Jun 2007 15:42
- 24789 of 27111
I know a lot of piffle is written on this thread, but perhaps one of you is able to commentate on what is happening on the daily tradings.
Volumes are low, sales seem to outnumber buys (I know the problems and don't have level 2), but the price is going up against that which I would expect.
Why? Who or what is mopping them up the small volumes. The volumes appear small, but is this like a duck, calm on the surface with legs paddling furiously?
I don't know but puzzled
hewittalan6
- 20 Jun 2007 16:03
- 24790 of 27111
I haven't a clue who is doing what, but as an experiment I have just re-read the trading statement from last month in the light of what is happening at Biotec, the news that WM are having a look and assuming that SEO do indeed get 50% of profits.
It was disappointing in the extreme when it was first released. Now it is merely disappointing.
See if you lot draw the same sentiment.
Alan
tweenie
- 20 Jun 2007 16:08
- 24791 of 27111
Alan.
Stop it, STOP IT NOW.
STOP TRYING TO GET MY HOPES UP.
It's taken me months and 's to get to this dark depressing state of mind all thanks to SEO, and now you want me to believe that there might be light at the end of the tunnel, when all I really want is a dark place to curl up and hide.
Fingers firmly in ears and repeat after me. lalalalalalallala i'm not listening..........