bosley
- 20 Feb 2004 09:34
mickeyskint
- 12 Dec 2004 12:52
- 383 of 27111
That says it all. I got out last week thank goodness.
LOL
MS
AdieH
- 12 Dec 2004 15:06
- 384 of 27111
You also hold in BPRG... I hold both and will continue to do so because I believe both will prove winners in the long term, SEO bounced back well on Friday and think this will continue, they have to realise that this is over and they should walk away now pay compensation (which I personally dont believe will be substantial)... Both have long term potential...
andysmith
- 13 Dec 2004 08:43
- 385 of 27111
Another week, another wait and for what?
The CC to be completed asap please!!! and then the positive news flow from packaging trials that will drive this share forward.Q1 next year should be fun!!
To correct an earlier post, no future in packaging??? The whole point is this technology provides low cost solutions for reduced packaging.
Also interesting that BPRG folks start bantering again about loads of "Compo" and all funds from Cardinal being handed to BPRG and then Cardinal taking them over. "Clucking Bell"!!! Desperate for cash from SEO developed technology aren't they, some even think the packaging patent will be theirs!!! No chance.
Annoyed sp went down last week, just because I was out and couldn't top up at lower price, but will be waiting with my wallet for next exodus of headless chickens and buy again at low price.
Still holding and believe this has a good future regardless of cc.
Mickeyskint, if this does take off, I will change ny screenname to Andyloaded, if I'm wrong I will join you as Andyskint. Good Luck everyone.
Biscuit
- 13 Dec 2004 09:02
- 386 of 27111
I read the RNS from 16th July the other day and there are a couple of things in that that I think alot of people have missed and that is at the time they were already trialling with Anglo-Beef Processors and a "major retailer". You have to feel that something maybe very close on these if they were trialling the equipment 4 months ago! Here's hoping!
tipton11
- 13 Dec 2004 10:54
- 387 of 27111
I hate to think this is a jam tomorrow company but the fact that I hold a few even worries me.
EWRobson
- 13 Dec 2004 12:49
- 389 of 27111
Why do AdieH and others beleive that the compensation sum will be small. I suspect it will be less if they agree out of court. The suggestion injohngtudor's post is that the judge could make an example of SEO. Balanced opinion please!
Eric
sheny24
- 13 Dec 2004 12:57
- 390 of 27111
I have always held the belief that share buying should be investing, imho this share is a pure gamble whilst the court action with BPRG continues. This management continue to disregard the fact that they have lost this battle and will fritter away shareholders funds in vain attempts to keep their jobs. The shareholders need to make their feelings known to management that they are not prepared to stand by and watch the value of their company destroyed in futile attempts by these people to waste more of their money.
andysmith
- 13 Dec 2004 18:32
- 391 of 27111
Sheny24, I agree this could have been handled better, but if the packaging materialises no holder will care a jot.
Tipton11, I am no rich man, just trying to get richer with the few grand I can afford to risk and I am happy as the jam is on the knife ready for the bread!! I will buy again when the sell on panic inevitably happens.
I have always said to my friends, I could lose a few quid on this one or be a very happy man over the next few years. When the cc is finally over it will be the best buying opportunity ever if the sellers panic.
sheny24
- 13 Dec 2004 19:37
- 392 of 27111
hi ANDY,, i agree with your point the company has got the tray lidding technology to continue in a very profitable business. However the point i am trying to make is, that if they continue to fight this court case with BPRG they are putting your company in jeopardy. If the court were to award substantial damages to BPRG , SEO might find it difficult to find that amount of cash. They may be then forced to mortgage any future revenue or even part of SEO to meet those requirements. IMHO this judge is no fool and has i suspect a far better understanding of events than the stubborn and posturing MR BALCHIN , he, BALCHIN , that is, seems intent on continuing this ruinous strategy with little or no regard for where it is taking SEO and more importantly its shareholders. As a potential investor in SEO i would certainly want to see a completely NEW MANAGEMENT at the helm and so i suspect would the companies who are trialling the traylidding technology, after all they need to know that the company SEO will have adequate financial resources to continue in business. Also since the latest court ruling they SEO surely must have a legal duty to conserve what financial resources....if any or they may find themselves in contempt of court.They IMO have been sailing close to the wind ..of late and i don't believe this judge will allow them any more rope ....that is however unless they want to hang themselves....BEST OF LUCK S30
AdieH
- 13 Dec 2004 20:23
- 393 of 27111
Totally agree that the company should accept verdict and get on with other technology.
I said I thought the compensation would be small based on the revenue SEO have so far got from using this patent (minimal) as I understand it the case was based on the use of patents that BPRG claimed were wholly theirs to use and develop.
This is not a criminal case as far as I am aware so the compensation should based on revenues or future potential revenue (BPRG will have the advantage of taking these already signed contracts anyway). I stand to be corrected if I am wrong, I am no lawyer).
The general consensus here seems to be walk away now pay the compensation before the board does serious damage to the future of this potentially very profitable company... I am a share holder in both BPRG and SEO so I want to see both companies profitable.
Regards AdieH.
bosley
- 14 Dec 2004 00:30
- 394 of 27111
evening all. to start, there really isnt any point in trying to guess one way or the other how much bprg will claim in damages. nobody knows for sure. its just a case of lets wait and see. next point i wish to make is , back off the board . its this board that has developed seo into this point. this board that asda , reckitt beckinser, grampian and other companies wish to do deals with . are they really such imbecilles? sheny24,you wish to see new management BEFORE you invest? how much research have you done on seo? yes, this whole case with bprg could have been handled better, but this current board has done very well to develope the the technology to take seo into a very profitable future.companies like asda or reckitt would not do business unless they felt balchin and the rest could deliver . imo the judge has basically said he wants this sorted out quickly. bprg are going to submit a claim now that they have access to all material facts concerning the confidentiality claim. he also said seo can appeal.to me this says that bprg's claim has to be reasonable or seo will drag this thing on and on. that would suit nobody but i think bprg would be more affected by it than seo . i dont think an out of court settlement is likely as they had a chance before hte september court case and bprg declined then .
bosley
- 16 Dec 2004 20:11
- 395 of 27111
nice 10% rise today. is something brewing ? seems to be holding well and showing ocassional rises and strength , even when its bad news. would like to see what it does now when some good news is announced.
dibbles
- 18 Dec 2004 14:06
- 396 of 27111
bosley
also some regular 500k trades, looks like someone is accumalating.....imo
bosley
- 18 Dec 2004 17:29
- 397 of 27111
looking that way, dibbles, price is holding up well. looks like the bad news really is already in the share price.an announcement was promised in the near future ,so all we can do is sit and wait .........
bosley
- 23 Dec 2004 18:58
- 398 of 27111
hope this wasnt the promised announcement. its good news but i was hoping for something a little bigger than "trials are going ok"
Stanelco PLC
Tray-lidding Trial Update
Stanelco is pleased to announce that the first trial for Asda commenced last
week at a dedicated Asda packing site. This is the first of many trials for
Asda, the rest of which will be commencing early in the New Year.
Tony Ruane of Asda commented:
'The first trial is progressing satisfactorily and I anticipate encouraging
progress in the New Year on several fronts.'
In addition to this trial the other previously announced trials will be
commencing in early January 2005. These have been scheduled at this time so as
not to disrupt production during the busiest production period of the year.
still, its positive and at this time positive is better than nowt.price seems steady , another good thing.
wilbs
- 23 Dec 2004 22:08
- 399 of 27111
'The first trial is progressing satisfactorily and I anticipate encouraging
progress in the New Year on several fronts.'
Several fronts sounds like several trials with several(a few) companies to me?
Any thoughts?
wilbs
andysmith
- 23 Dec 2004 22:18
- 400 of 27111
In the packaging game you have to understand that the packers/retailers are more interested in sales TODAY in the weeks leading up to Christmas.
This is their busiest time of the year. Can't wait for 2005, come on SEO.
I guess this RNS was to keep us informed and not worry about what is going on.
wilbs
- 23 Dec 2004 22:28
- 401 of 27111
The xmas shopping period is more or less over and 2005 is in our sights. The new year will hopefully bring some good news to seo and to its shareholders. Once xmas is over, the supermarkets etc. will be over the busy period and will hopefully start thinking about what they can do to get one over their rivals. With Asda on trials it wouldnt suprise me (IMHO) that the giant tesco will follow suit.
wilbs
andysmith
- 23 Dec 2004 22:38
- 402 of 27111
Once Asda approve, Tesco will inevitably follow. SEO need to hook just one big fish and then get the nets ready for the cash. The good thing is that they are selling technology licences rather than the packaging itself and it is a technology that is wanted by its end market. Any dips in sp should be buying opportunities.