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Placing at 0.8p (SEO)     

hangon - 01 Nov 2006 15:35

November 2006 awaiting Placing stock ( at just 0.8pence ) where recently the sp was about 26p - That is 1/32 what investors paid.
/
Will SEO become the supplier of choice to Supermarkets?

That is the ONLY issue - and whilst I hold (and took some during the Placing), it would help ots if current management stepped-down and some Execs too over who were familiar with Supermarket politics.

I have no doubt the product works, although I have never seen any - which should be a worry, perhaps the Placing Documents were sent to me in a GreenSeal envelope - that wold have been a great Publicity Boost......but the company Execs aren't really Thinking-Types, are they - otherwise how does one explain the Market's retreat from 28p to a paltry 1.5p today?

Is it worth buying SEO today?
- Not when others are paying almost half the Market price.....let's see how SEO uses this new-found cash - new carpets for the Execs, deep matresses so they can slumber ............ or, appointing some fire-brand who will rip this business out of 20c complacancy and into the (Retail) solution-provider that makes Packaging a polite word?

By Xmas'06 we should hear what SEO is doing, other than having a good Party....and that will set the progress for 2007 - if they get moving then this will be a good investment, but if they continue as before, expect the dosh to be wasted and delay to occur and that will be that.
The ONLY good thing is that being full-market, a small punt in your ISA is tax-free, do you feel lucky? Whatever you do don't stretch your investment, just 10% of what you currently hold will be pain-free should SEO fail, but a nice boost if it comes good in say 4 years' time - assuming some changes in Management.
Grr!

hangon - 01 Dec 2006 14:55 - 3 of 5

14Nov06 Ann. "......Ian Balchin and Howard White have
ceased to be directors of the Company with immediate effect..."
I don't know these people but I'm hoping this is the inspiration SEO needs to get its act together....
It's now 1Dec06 and the Market has heard nothing, yet SEO is pop-poping about like a dingy with no rudder.
Is this a serious business (and I hope it is as there are implications for waste/recycling etc), then they need some able folk at the top who will drive the business to new levels.
What we have witnessed so far is a company that is self-satisfied with slow/no progress. That is bad for cash-flow, bad for investors and is only "good" for Director salaries, pensions, options and the Competition.
I'm holding, much in the vein described by sacdb - "hold in hope"
However, I'm not sure what anyone could have learnt from SEO - there are few businesses with a new technology..... that hold-back like this.....


Now, get a move-on SEO..!
No Xmas festivities, until you have done something worthy of the recent Placing.

hangon - 17 Apr 2007 11:41 - 4 of 5

Yawn, so SEO sp is on the rise after execs bought a handfull of shares - anything under 50k isn't worth noting as most execs will shell-out some cash to give the impression all is OK, just to receive their next bonus which is soon due.
In this case we have the spectre of the AGM - let's hope we can hear what they have to say this time (Last year the aircon was screeching, so execs (sans-mics) were inaudible) - not that there was anything useful to hear - since nothing has happened (excluding placings, options and other guff)....I wonder if SEO ever will sell their technology -
- Meanwhile, supermarkets switch to paper bags and cardboard - who would have thought of that?
It's worth attending, just bring your own drinks and biscuits.

hangon - 11 Jun 2007 10:35 - 5 of 5

Well, with the bad news Out - ( = this business hasn't a shread of credibility, some might say) - look at the sp! ...those Institutions that bought at 0.8p didn't get much, did they? For now, even after some sad folks have come back for more(Huh!), the Buy price is 0.6 pence; that's either 25% or 33% difference, depending whether you are a half-full OR half-empty type.
As far as SEO is concerned, I think it's obvious it IS empty... and worse, some bar-blighter has removed the glass, so all that's left is the "ring" on the beer-mat and a slight whiff of stale tales.

It also explains why the Execs only bought a minimal amount of Stock in April 2007....Oh dear.....Retail Shareholders are being shafted by inept Management. I pity the "new-Man" who jacked in a decent job on being told all the good SEO- things....like they were true!
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