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

suppose its a bit early yet, however little interest seems to have been sparked??

morning. how did you lot get through? i had a message mam server was down!!! anyway, what about that for a surprise!!! good news , i think. but i have to say i dont like this bit

"Stanelco is currently considering a number
of options for funding the acquisition, which may include the entering into
arrangements for debt facilities and/or a placing of ordinary shares for cash."

are we going to miss out again?
but i am happy. the original reason i invested in seo was the starch trays side of things. obviously since greenseal this has been pushed to one side and they have concentrated on technology that is market ready.

Oh dear - now an acquisiton - going to mean a shares issue perhaps and also the inevitable weakening of the buyers SP as it goes into uncertain times.

It now is apparent why the SP was requried to be so high in recent times ;-)

Look at the majority of SPs of the buyer - they go down - the one being bought goes up.

This will add too much uncertainty to the equation for most.

And still just one order.

Very much a weaker postion now and just how many shares will be issued if required - how much dilution ?

What was Ultra High Risk just become even more risky IMO.

A bit more dilution - which I guess will hit the share price short term - but excellent news anyway as another bit of the jig saw falls into place. It would be good now to see some more orders confirmd.

Baza

II

do i detect some humble pie as per your statement regarding no RNS this monday.

Got to disagree with ii. SEO has moved from being an engineering co to a patent and intellectual property owner and I see this move as a short way to increasing and spreading that portfolio. Sure it will cost in the short term, but this is not a traders thread, it is for investors and it is a rare invester indeed that considers a diversification of portfolio an increase in risk, quite the opposite applies.
I feel happy that this, in the medium term, takes the pressure off greenseal as a one hit wonder and a cash cow for the group, and allows for the odd hiccup along the way without destroying the business.
Alan

very hard share to call, however -as with BPRG-the Monday morning jostle for position by market-makers (especially between 8.00-9.30 a.m.)will need to settle.
Talking of BPRG the moron tendency on the ` other side` are getting carried away again I see " someone knows something", " somethings brewing " etc.
What on earth sort of jobs do those rampers have , to allow them all that time on line, or maybe who pays them to BE on line ramping all the time?

BIOPLAST - The biodegradable material

Applications: accessories for flower arrangementsbags, boxes, cups, cutlery, edge protectors, golf tees, horticultural films, mantling for candles, nets, packaging, packaging films, packaging material for mailing, planters, planting pots, sacks, shopping bags, straws, strings, tableware, tapes, technical films, trays, wrap film......

wilbs

Although I got out of SEO when the bb got trashed by uninvited pretentious posters, Im sure there are many investors like myself still here on the sidelines waiting for normality to return, ready to get on board again. We still read the threads, speed reading the dross but looking for viable comment. But I really like the RNS news this morning for one very important reason. No-one predicted this (the buyout) happening, not even remotely. This is important because its a poke in the eye (maybe two fingers) to those who demean the aspirations of others. If you poke a sleeping dog long enough, it will bite your finger. In the past, I have had occasion to question SEO, had the courage to talk to them and have been rewarded by talking direct to persons such as Howard White himself. Not an e-mail, not a letter, not a text but voice to voice. The malaise of this thread is unfounded supposition on both sides. Who in recent times has picked up a phone to talk and ask SEO what is going on or what is going to happen?? The bashers will not talk to SEO direct because they know that there is no company director in this land who is not out to make his company (and himself) richer by beating the competition and/or providing a first to the market. Some win and many are also-rans. Agreed, company directors will never tell you that the company is going down the pan but why would they? They are just as keen to keep their job (probably more enthusiastic) as any of us who are usefully employed. Frequent posters here are obviously not usefully employed (no disrespect intended, retirees excluded) otherwise they wouldnt have the time to keep posting so fervently (unless they are permanent night workers of course). So to all aspiring positive thinking investors, its your money, your gamble. But if you want to reduce the gamble and turn it into a calculated risk, talk to the bus driver and dont be steered by the passengers, especially those who should have got off at the last stop.

excellent post DC

Deancroft - what a good, common sense post - thank you

Baza

dc, i dont understand your post. have you sold or do you still hold seo?

I don`t understand it either- why on earth would you give up on a share- and presumably sell it- just because a freebb was being " trashed by pretentious posters".Surely the selling was helped along by these " pretentious posters",being deemed correct, or at least a hold would have been appropriate, or even a buy.?

My post at the weekend seems quite relevent given todays RNS ;-)



A few links on biodegradable packaging -

Want to know about Biodegradable plastics and thermoformed trays
http://www.deh.gov.au/industry/waste/biodegradable/chapter3.html

This company knows about making Eco-trays and the like
http://www.papercoaters.co.nz/trays.htm

Vertex know about this
http://www.vertex-pacific.co.nz/body.cfm?PageID=221&Parent=0

Sainsbury and their biodegradable trays since 2001
http://www.j-sainsbury.co.uk/index.asp?PageID=19&subsection=&Year=2001&NewsID=117

Plantic have been doing thermoformed biodegradable trays for a long time already
http://www.plantic.com.au/

Potato based food packaging ?
http://www.potatoplates.com/static.pasp?staticid=4

Biosphere
http://www.industrialnewsupdate.com/news/food-processing/archives/2005/01/biosphere_indus.php

Novamont seem pretty up to date on this
http://www.materbi.com/

Seems old hat this biodegradable thermoformed tray thing - perhaps why this is not mentioned so often as a jam tomorrow back up route.


I was not expecting them to go for this so soon - so yes wrong on the Monday RNS - however in hindsight - as an acquisition nearly always leads to downward SP - and given it now allows them to do the dilution I was talking about earlier - they can buy a company that will give them some real bottom line revenue - raise yet more money - so the recent hike in the SP serves its purpose - I think they are fully aware this will lead to a retraction in the SP - however being overvalued and hyped now allows them to place a smaller amount of shares - and it should now gradually fall back - if orders are as expected - in small amounts and not often and not amounting to the many thousands that are hyped into the price already.

Clever move by SEO - not good for shareholder value short to medium term though.

Bosley, not much to understand. Just that no-one asks the right people the right questions to get viable comment. I have bought and sold SEO three times now, my personal position is that I will not allow my investment to be manipulated by others so I am currently out until I deem it worthwhile to get back on board. I believe that investors get carried with the tide, only SEO can make the tide turn which will happen when they have the capability to do so.

DC I did call SEO about 2 weeks ago, Ian B was not available. I was told he would return my call. He did not. Probably to busy setting up the deal for buying Biotec.
I undertsood your post and totally agree with you.
GFTA
Sambal

Sequestor, you are quite correct, you do not understand. But why should you? You were not posting here in December/January when the sentiment was quite different. Many regulars then do not post now. And yet again, I did not say I had given up SEO as you wrongly imply, far from it, I now have a bigger pot ready to buy cheaper SEO shares when I decide the time is right.

A good post from elswhere -


"in the last financial year ended 31 December 2004 Biotec made a netloss of EUR1.3m. This loss was before charging interest of EUR 1m on loans from Biotec's parent which will no longer be a relevant item after the acquisition."

That figure does not inclued the interest of loans etc, that are needed to keep it running. So last years full loss was actually EUR2.3m (GBP1.55m). You cannot subtract it again!

Without interest charges, it was a loss of EUR1.3m (GBP880k).

As for your statement: "HOWARD's BET THE FAMILY JEWELS ON IT.LOL" well that appears far from the truth. Howard will effectively be paying his son $6.14m of Stanelco's funds for this loss making Company!

Stanelco - a loss making company - buys Biotech - a loss making company - someones son gets paid loads of money so it seems (is that other comment true?) - a dilution in the region of 50M to 75M shares with some fund raising for working capital (or put the company into debt) - to me it says they have just done the dirty on the shareholders - lets see what the press comment is on this - it could spark some serious debate and put into question many comments made on SE0.

My negative take is they know Walmart are not interested and potentially only the Asda agreement looking forward - so they are using the present situation to add something else in - very speculative and could push the risk factor over the top.

deancroft - 06 Jun'05 - 09:33 - 5343 of 5353

Although I got out of SEO when the bb got trashed by uninvited pretentious posters,
--------------
I still don`t understand- the clear implication is that you were influenced by negativity on a bb- thats your quote above "got out", "when " and " the bb got trashed", seems clear to me, anyway its your money- oh and I have been around since MAM started.

ps and I hold a few SEO