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

er no driver,
a `penny share` is by definition defined by the VALUE at the time
of discussion NOT the underlying original "value" at issue, which continues to be shown ad-infinitum
As an example the new O2 plc shares issued in March this year show a value of 0.1p on the certificate, they opened from memory at 1.25.

Also a "penny share" really once was a around a penny, inflation has dictated that a share valued under a 1 is now one.

back to the hedging now the rain has stopped.

nothing like passing the time with a good bush trim

Sequestor
Thanks for the lesson
Unilever Ord 1. was defined by the VALUE at the time so it's a penny share in my book, I paid obout 3p when I bought Unilever years ago.

There seems to be a lot of bitching going on today,so come on guys lets look at the positives.First of all we have now established a new support level,which if anyone had said would be 27-28p only weeks ago surely everyone would have been happy.Secondly, todays deal will hopefully be the start of many for stanelco and even if the news is already in the shareprice, so what!Is everyone suddenly saying there`s no potential anymore because if you are in any doubt about this share don`t go near it.It`s going to be an exhilirating ride but we all knew that anyway. Keep the faith.

Sequestor
I think your definition of a penny share is wrong, what you are saying is because a penny share came in at a penny on the day of the float it has to remain there. So if an oil company discovers oil or a diamond mine discovers diamonds, Microsoft discovers Windows, the sp isnt in your definition not going to move much.

SEO have discovered a new technology, not one but many a Microsoft in the making.

I think any news regarding a WALMART deal will come from the U S A, via a leak to a news agency, which will be confirmed by WALMART/SEO.

driver
i think the generally accepted view of a penny share is a market cap less than 100milliom.

the ord price quoted bears absolutely no bearing on the market price. its a nominal figure.

just to nit pick......oil companies do indeed discover oil, diamond mines may or may not discover diamonds, but microsoft sure as hell didnt discover windows.

superrod
Sorry to disagree.
November:1983 Microsoft unveils Microsoft Windows, a variation of the MS-DOS operating system that lets users have multiple unrelated programs open at once by employing a window system. A user could also transfer data rom one application program to another.


http://wwwshs1.bham.wednet.edu/curric/socst/wa/tdhist.htm

superrod
At the end of the day the definition of a penny share is an interpretation of one punter, or many, what I was trying to get Sequestor head round was that the sp can go any where it wants to go if some one is willing to pay that price, even 25

superrodd ,
this is becoming embarassing- again we agree,well nearly
the end of the world is nigh-repent!!!!!


lol

driver, you must believe what you believe, you are mixing up nominal figures and THE REAL share price, I have to say I never saw Unilever in The Penny Share Guide,or BT, OR SHELL, OR BP ,etc. etc.

Home Subject index Bookshop Forum Tools Glossary Help I want to learn about Global-Investor.com > Incademy.com > Investing in smaller companiesInvesting in smaller companies
Introduction| Course| Q&As | Recommended reading| Quiz | 1 2 3 4 5 6 7 8 9 10 11 8. Penny shares and other speculative stocks
Penny shares, meaning companies whose share prices are below about 1, are not necessarily companies with small market caps, but often they are. They are worth mentioning briefly in this tutorial because:
investors often mistakenly equate penny shares with small caps
investors often mistakenly assume that because a share price is low, the shares are cheap
penny shares are often presented as high growth companies and treated by
penny shares are volatile
Richard Koch, author of Selecting Shares that Perform, says:
"Most penny shares are low quality, illiquid, expensive to buy or sell, and highly speculative. Many are in companies run by people of dubious repute. Some just represent the last resting place of once great companies before their formal burial."
Not a fan then.

driver
you are confused with discovery and invention.

any lucky bast... can find oil, gold or diamonds.. WINDOWS wasnt DISCOVERED IT WAS INVENTED

Windows was neither discovered nor invented, it was ripped off from Apple :-)

Sequestor
Just a boy then, they never had The Penny Share Guide when I started.

bos
I think I'm being bullied.

Driver - You made me laugh again! Sort em out Bos.

Sequestor
Like I said interpretation, you say less than a 1 they say 50p I say who care's. I got this from financeglossary.com

Penny Share

The term usually applied to companies whose shares have a very low price, normally under 50p per share. Companies whose shares have speculative appeal, represent greater risk and are often issued by former, high riding companies, now deemed to be on harder times.

Harder times, That cant be SEO then. So SEO isnt a penny share after all.

driver- they had it in 1970 odd,Penny Share Paper- I used it until I realised that Polly Peck,wasn`t a woman with a Crystal Ball making everyone millions, have to say it was more fun in those days without all the regulations, I reckon the boys in charge of Penny Shareds Mag. stuck a pin in the FT ,picked any penny share and bgt. loads Friday p.m.- sent out the letters and cashed in by Monday lunch, I know I did.
Not too many poeople outside The City had a/c `s in those days, a mate of mine worked as an accountant, his practise had the ` 70`s high tech. gear- ( called a telephone account-lol) and we used their broker.We cleaned up for a while `til Polly Peck floored us,

g`luck, this friggin` hedge needs work again

if it ends in p, then by my reckoning , it's a penny share!! if it starts with , then it's not!! how bleeding hard was that!!!? blimey , sequestor , you've been around the block a few times!! what's a guy your age doing playing with sharp instruments, trimming what must be a very big hedge considering how long you are spending on it? :)

batten down guys. looks like sh*t and fans about to collide.
i hold seo btw. but dont have the same blinkered view as some here.