bosley
- 20 Feb 2004 09:34
hewittalan6
- 03 Jun 2005 09:10
- 5267 of 27111
Baza, It's always better "up north" than down there (LOL)
Bos, trust me, it's not a glorious day when you see whats happening to the rest of my portfolio. Trusting SEO to keep me away from the soup kitchens!
Alan
Sequestor
- 03 Jun 2005 09:14
- 5268 of 27111
is the dog going to bark today?
bosley
- 03 Jun 2005 09:57
- 5269 of 27111
baza, it's a lovely day here. as for seo... looking like a big yawn day! but, you never know. might be something later...... last time we said it was a big yawn day , it went all daft.
Sequestor
- 03 Jun 2005 11:30
- 5270 of 27111
LOOKS LIKE THE DOG IS GOING OUT WITH A WHIMPER THEN?
sambal
- 03 Jun 2005 13:49
- 5271 of 27111
Sequester, I think the dog is just resting.
driver
- 03 Jun 2005 15:03
- 5272 of 27111
kesmic
As well as bos's suggestions you can also read our research page.
http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=5042
wilbs
- 03 Jun 2005 15:08
- 5273 of 27111
Stanelco PLC
03 June 2005
3 June 2005 Issue of Equity
Stanelco Plc
Today announces the issue of 1,879,699 ordinary shares of 0.1p each representing
0.21% of the issued capital.
These shares have been issued to the vendors of Aquasol Limited as the second
payment due following completion of the acquisition which was announced on the
3 June 2004 at the 2004 Annual General Meeting. The shares represent a payment
of 500,000 at a price of 26.6p. Any future additional consideration payable
under the agreement will be based on financial performance criteria.
An application will be made to the London Stock Exchange and the UK Listing
Authority for these shares to be admitted to the official list.
Dealings are expected to commence on 9 June 2005.
Contact Details
Robert Duggan
Company Secretary , Stanelco Plc
Tel 02380 867100
This information is provided by RNS
The company news service from the London Stock Exchange
wilbs
insiderinside
- 03 Jun 2005 15:31
- 5274 of 27111
ISSUE MORE SHARES - MORE DILUTION - what the hell - another half a million pounds on the market cap - who cares ;-) LOL
The rampers ignore they must be in such a bad way they have to just issue shares all the time to pay their bills -
Given this constant stream of dilutions to raise money - you might get the feeling IMO that the 5M raised earlier this year is in a holding bank ready for any fines coming up ? or its been p'd down the drain on all these trials and marketing / PR bills ?
insiderinside
- 03 Jun 2005 15:35
- 5275 of 27111
What next - issued another 5M shares as they are short on toilet paper - A4 copy paper - pens and pencils - and need to pay the police for keeping that big queue of buyers in order outside the gate ? ;-) LOL
Its really lucky that the SP is high and hype - easy to pay bills in this scenario ;-)
jimmy b
- 03 Jun 2005 15:35
- 5276 of 27111
Welcome back Karen, i mean insider , sorry, this should get the price on it's way, we have missed you.
hewittalan6
- 03 Jun 2005 16:02
- 5277 of 27111
Forgive me if I am being blonde and stupid, but weren't these shares issued as part of an agreed acquisition dating back 12 months?
If that is the case then its not quite dilution to pay the bills or buy paper is it?
Alan
bosley
- 03 Jun 2005 16:15
- 5278 of 27111
it's the second instalment due and it has taken a fifth less shares to pay it, as last june the shares were about 5p!! not bad.
( btw, alan, blonde really suits you!!) :)
insiderinside
- 03 Jun 2005 16:29
- 5279 of 27111
02 June 2006
CAN SHOOTING STAR STANELCO LIVE UP TO ITS VALUATION ??
asks Tim Rothwell, City analyst.
The packaging sector rarely nurtures shooting stars, stocks which rise from obscurity to high-flying valuations and market capitalisations in only a space of months. the phenomen is particularily rare in the UK and in market conditions such as these. However, a recent exception has emerged in the form of Stanelco, the Southampton based business which recently reported successful first stage trials with ASDA and YOUNGS for its radio frequency GreenSeal tray lidding technology (Packaging News,May 2005). The company's share price rise, quadrupling in value since February to a market capitalisation of circa 251m has been even more phenominal and would place it in third position in the UK Packaging index, just ahead of RPC.
This is no mean feat for a business that in the year ending October 2004 achieved a turnover of 1.3m and sustained an operating loss of 2.85m, up 2.21m on the previousyear. Stanelco's rise to fame has not been without some controversy, including a Patent Court judgement on aspects of edible capsule making technology in favour of competitor company Bioprogress.
Stanelco now has a product profile which includes RF monoplastic sealing, Starpol water soluble and biodegradable films, Solutape soluble adhesive films, Frogpack high impact resistant transport packaging, Candlewrap biodegradable air cushioning and Ingel edible capsules. Some of these technologies, like RF welding & biodegradable films are not entirely new and in the latter case not yet been a profitable business for competitors like Symphony Plastics. However, the market appears to be placing great optimism behind Stanelco business model. Interestingly, Stanelco's largest shareholder at the time of its 2004 year-end was The Age of Reason Foundation. Some industry analysts might also suggest a name change to The Age of Hope over Reason could be appropriate.
paulmasterson1
- 03 Jun 2005 16:52
- 5280 of 27111
Still trying it on ?
insiderinside - 03 Jun'05 - 16:29 - 5278 of 5278 (Filtered)
Everyone knows your the joker in the pack :))))))))))))))))))))))))))))
sambal
- 03 Jun 2005 16:59
- 5281 of 27111
PM
Whats your opinion of the issue of more shares. Dilution or vendors of Aquasol see it as a good deal? IMO it good buisness practice.
belisce6
- 03 Jun 2005 17:02
- 5282 of 27111
a little about recent goings-on within Wal-Mart;
http://business.timesonline.co.uk/article/0,,9074-1639765,00.html
perhaps they will need to cut their costs (and therefore get their suppliers to implement GreenSeal) sooner rather than later.......
bring it on !!!!!!!!!!!!!!!!!!
panic
- 03 Jun 2005 17:04
- 5283 of 27111
Bos, Eric, Di, SD
Re the first post of the thread, in the agreement with Robert Reiser,do you know how many machines were converted? Was it to the lastest GREENSEAL spec? and if so, who were they for in the states?
paulmasterson1
- 03 Jun 2005 17:48
- 5285 of 27111
sambal Hi,
You can't really call it dilution, as the deal was done ages ago, and we have Aquasol in return for those shares, and it is a lot less shares than it would have been if the S.P was still at 5p :)
In return for the shares we have a huge amount of Aquasol's I.P and great ideas, they have helped make Stanelco what it is today, a 'Green Packaging' giant in the making, so that is 'Shareholder Value' too :)
Aquasol will definately see it as a good deal, because they are getting SEO stock, just before lift-off with Wal-Mart and other USA retailers doing deals on Greenseal, and just before FrogPack leaps into action :)
Cheers,
PM
paulmasterson1
- 03 Jun 2005 17:56
- 5286 of 27111
A bit more on how Wal-Mart should clean up(starting with Greenseal methinks!)
http://wireservice.wired.com/wired/story.asp?section=Breaking&storyId=1043674&tw=wn_wire_story
Cheers,
PM