bosley
- 20 Feb 2004 09:34
Sharesure
- 20 May 2005 08:52
- 4424 of 27111
The Times reference to Tetra Pak is interesting; their T/O in 2004 was 7,525m Euros. If you were running Tetra Pak wouldn't an acquisition of some revolutionary technology, before the sales had been proved to the extent that the company couldn't seriously defend itself against an opportunistic bid, make sense? Just thinking aloud, and not backed up by anything other than that is what has happened to other companies at a similar stage of their roll out programme. At even treble the current price, SEO would be a 'steal.' I hope shareholders will recognise that and cling on tight for what really is likely to be a real roller of a ride.
Frampton
- 20 May 2005 08:52
- 4425 of 27111
I keep thinking I should top slice and take a bit a profit (I did that once before at 18p and wish I hadn't - the share it went into has gone down and doesn't look likely to do much in the near future) but the potential here is just mindboggling.
bosley
- 20 May 2005 08:59
- 4426 of 27111
just had a look at this mornings trades and there a quite a few small number trades. i remember someone saying that these could be bot trades or mm to mm codes. if it is a code , does anyone have a clue what they mean?
016622
- 20 May 2005 09:08
- 4427 of 27111
that was me but sorry, I havent got a clue what it all means!
As Framp posted, if this technology is going to be this inovative then Stanelco must appear to be a reasonable purchase target. tetra pak would make sense but how much would they pay?
wilbs
- 20 May 2005 09:08
- 4428 of 27111
Trade Types
The London Stock Exchange has several types of trade.
Each has a one or two letter code.This is a complete list of the codes.
'O' Ordinary Trade (System will delay if over 6 x NMS)
A standard trade made through the Market Makers and dealt at normal settlement date.
'B' Broker to Broker
A transaction between two member firms where neither firm is registered as a market maker in The security in question and neither is a designated fund manager.
'EU ' Euro Automated Trades
'ER ' Euro Trades
'K' Block Trade
A transaction using the block trade facility.
'L' Late Trade
Late trades, as the name implies, are trades that are reported to the Stock Exchange some time after the trade has been executed. There can be a number of reasons for this. Stocks have a market size, the size varying with each stock. If a trade is executed that is six times the Normal Market Size then the market makers, for stocks traded on the full list, do not have to report the trade for 1 hour after the trade was executed. Once reported, this would show as a late trade. A trade would also show as being late if the bargain had to be amended for any reason, like an alteration to the settlement date. Once the bargain was amended, the amended bargain would show up as a late trade.
'LC' Late Trade Correction
A correction submitted more than three days after the trade date or where deferred publication is permitted at any time after the trade report was submitted to the Exchange reporting system.
'M' Market Maker to Market Maker
A transaction between two market makers registered in the security in question including those executed through an inter dealer broker or a public display system.
'N' Non Protected Portfolio
A non-protected portfolio transaction or a fully disclosed portfolio transaction. Normally a transaction of a number of stocks dealt with by one market maker at an agreed discount to the market price.
'NM' Not to Mark
A transaction where the Exchange has granted permission for non-publication.
'NR' Non Risk (SEATS Based Segments only)
A non-risk transaction.
'P' Protected Portfolio
A protected portfolio transaction or, if reporting a trade resulting from a worked principal agreement for a portfolio transaction. Like a non-protected portfolio, but the price dealt at can be amended if the market maker manages to make a 'good' profit.
'R' Riskless Principal transaction at different Price
A riskless principal transaction with two non members, where the two transactions are executed at different prices or on different terms (this requires two separate trade reports). This happens often on a trade where commission is not charged. Instead of paying commission, the client will pay extra for their shares.
'RO' Result of Option
A transaction which resulted from the exercise of an option.
'RT' Risk Trade (SEATS Based Segments only)
A risk transaction.
'ST' SEAQ Trade
This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SEAQ auction.
'SW' Stock Swap
Transactions comprised in a stock swap or stock switch (one report is required for each line of stock swapped or switched).
'UT ' Uncrossing Trade
This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SETS auction.
'X' Cross at the Same Price
A transaction was effected as an agency cross or a riskless principal transaction at the same price and on the same terms (this requires one trade report).
'AT' An automatic trade generated by the SETS system through the order book.(Level 2)
'PA' A protected transaction at the time that protection is applied.
'PC' Post Contra. Used when reporting a Contra Trade when the contra date is not the trade date.
'T' If reporting a single protected transaction. A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock. With a protected transaction, the dealer will put the trade through in small quantities rather than knock the whole order out in one hit. The entire transaction is reported once the deal is completed. The LSE is notified at the start and at the end of the transaction. However, the market as a whole isn't told until the end, thus the order is protected.
'WN' Worked Principal Notification.
If notifying the Exchange that a member firm has entered into a worked principal agreement for a single security.
'TS' Test Security. If using a test security to test trade reporting.
'WT' Worked Principal Trade. If reporting the trade resulting from a worked principal agreement for a single security.
'CT' Contra Trade. Used to publish a contra trade in a previously automatically executed trade through the order book.
'AI' Automated Input facility. If reporting that a member firm has disabled its automated input facility in response to a request from the Exchange.
'PN' Worked Principal Portfolio Notification. If reporting that a Member firm has agreed to take on a worked principal agreement for a portfolio transaction.
'VW' Volume Weighted Average Price
A transaction that was effected at a price based on a volume weighted average price over a given period.
'RC ' Regulatory Conformance
This is a test segment for which no trade reports will be disseminated
wilbs
Sequestor
- 20 May 2005 09:11
- 4429 of 27111
very tempting if/when it drops back to 26p
g`luck
016622
- 20 May 2005 09:14
- 4430 of 27111
still trying to beat it down Seq??
wheres the "luck" come into it?
Sequestor
- 20 May 2005 09:19
- 4431 of 27111
I can`t beat it down, just wondering when the big profit taking will happen- and the good luck is for you , if it doesn`t fall.
I hold none at the moment,so not really bothered- but will be if it drops back
ride the waves!!!
016622
- 20 May 2005 09:53
- 4432 of 27111
big profit taking at 2
surf the waves...
jimmy b
- 20 May 2005 10:02
- 4433 of 27111
I might be tempted at that price 016622 !!
Frampton
- 20 May 2005 10:07
- 4434 of 27111
016622
Re post 4426, I would hope the company doesn't get taken over, surely there is much more value for shareholders in the long term if SEO stays independant?
016622
- 20 May 2005 10:08
- 4435 of 27111
Wouldnt be tempted to wait for 3 then jimmyb?? lol
aldwickk
- 20 May 2005 10:16
- 4436 of 27111
Frampton, R u one of the West Sussex Framptons, Chichester area?
jimmy b
- 20 May 2005 10:21
- 4437 of 27111
Yes i'll wait 016622 so long as it's by next week !!
Frampton
- 20 May 2005 10:45
- 4438 of 27111
Aldwickk - no, never heard of them, I come from Frampton on Severn in Gloucestershire.
EWRobson
- 20 May 2005 10:48
- 4439 of 27111
Comments on one or two posts above. Thanks to wilbs for the summary of the codes.
Re the posts quoting Howard White - ther was a subsequent correction to the number of machines to ASDA to 200 rather than 100. leakage was quoted down to 0.1% rather than 1%, against the current average figure of 2%. Quite some saving there!
Re White's figure of half the machines, i.e. 25,000 machines in three years. My starting point would be that each 100 machines is worth 2.5p on the sp. Thus 25,000 machines would be worth an sp of 6.25! Now, lets be cautious. White has also said that ,whilst, they believe they have good protection from patents, they would handle competition by price action. Lets then say pirce per annum is down to 20%; alternatively set a machine target of 5000 at full price. That gives an sp target of 1.25 and a cap around the 1 billion mark, enought for the FT100. I'm settling for a 1 target at the moment and will keep my base share holding until then although utilising the CFD margins.
Finally, I would dismiss out of court any discussion of a takeover by Tetrapak or anyone else. The Times comment related to a deal on Frogpack whcih could be lucrative in itself and allow SEO to focus on Greenseal and other products coming through. A few 100 million for the product with some on-going royalties would be quite acceptable, but what do others think given the size of the market.
016622
- 20 May 2005 10:54
- 4440 of 27111
there we go jimmyb!
lets hang on for 6!!!
glad somebodys doing some work here MrR...
EWRobson
- 20 May 2005 10:57
- 4441 of 27111
Sequestor: there always seems to be someone around who has sold too early and hangs around hoping the sp will come back to either where he sold it or at some intermediate price. For heaven's sake, buy back some and then top up if it does come back or top up if there is a positive announcement next week. Re-join the club. We are happy to have you on board and never wanted to expel you. This is a really seasoned guy speaking and hardened in the school of hard knocks!
Uncle Eric
jimmy b
- 20 May 2005 10:57
- 4442 of 27111
You 'd have to be mad to sell for 6 016622 !!
jimmy b
- 20 May 2005 11:04
- 4443 of 27111
I was tempted to sell yesterday when the bid was over 30p and try to get back in , but the problem is if there is an announcement then the train leaves without you. I am however on tender hooks until that comes and there is a done deal,then i will tuck my holding away and relax..JB..