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

Good morning ii.
Blonde and stupid time for me again.
You keep talking about "issue more shares or go into debt".
Never did read that in the RNS. I did read that the further instalments were to be paid in cash, but YOU put the spin on it that it will be a major dilution or a huge debt. You are making the assumption that SEO will not have made profits by then to pay hard cash. You may well be right, but if you are going to attack everyone elses opinion as spin, please don't employ spin yourself. For all you know there are major contracts at advanced stages of negotiations that will easily cover the acquisition costs. SEO may have insisted that the purchase was in cash as they want to keep their own shares value higher and not dilute. These are not likely but can just as easily be inferred from the RNS as your interpretation.
As I keep saying. You pay your money, you takes your choice. I've taken mine, as have many on here. There will be dark days ahead, when you will be able to gloat, but on balance this has the hallmarks of a major player of the future.
Alan

Hi All,

Placing DONE AND DUSTED !!!!

I said institutions would be hammering on the door, how quick was that completed !!!!

Time to move UP :)

Cheers,

PM





RNS Number:2842N
Stanelco PLC
08 June 2005


8th June 2005

Stanelco plc (the "Company"),

Placing of New Ordinary Shares


The Board of Stanelco plc the radio frequency (RF) applications group, is
pleased to announce the placing by KBC Peel Hunt of 44,000,000 ordinary shares
("New Ordinary Shares") at a price of 21.15p per share to raise approximately
#9.3 million (approximately #9.0 million after expenses). The proceeds of this
placing will be used primarily to fund the acquisition, conditional on
shareholder approval, of Biotech Holding Gmbh and subsidiaries as announced on 6
June 2005.


Application will be made to the UK Listing Authority for the New Ordinary Shares
to be admitted to the Official List and to the London Stock Exchange for such
shares to be admitted to trading on the London Stock Exchange's Market for
listed securities. Admission of the New Ordinary Shares is expected to become
effective on 13 June 2005.


The New Ordinary Shares will be issued credited as fully paid and will rank pari
passu in all respects with the existing Ordinary Shares, including the right to
receive all dividends and other distributions declared or paid thereon following
admission.


The Placing is conditional upon the Placing Agreement between KBC Peel Hunt and
the Company having become unconditional in all respects and not having been
terminated prior to Admission of the New Ordinary Shares, and admission of the
New Ordinary Shares becoming effective by 13 June 2005 or such later date (not
being later than 20 June 2005) as the Company and KBC Peel Hunt may agree.


Ian Balchin, CEO of Stanelco said:


"It is great that we have had such strong institutional support for this
acquisition and the Company's strategy. This exciting acquisition will
re-enforce our market leading position in the provision of viable, alternative,
environmentally responsible packaging methods."


- Ends -


For further information please contact:


Ian Balchin, Chief Executive

Stanelco PLC

Tel: +44 (0)2380 867100


Jonathon Brill/Billy Clegg

Financial Dynamics

Tel: +44 (0)20 7831 3113


Capel Irwin/Megan MacIntyre

KBC Peel Hunt Ltd

Tel: +44 (0)20 7418 8900

That sounds like excellent news - at least that removes the uncertainty about how the cash is going to be raised. Does that mean though that the share price will languish around the 22p mark until next Monday (question from the novice investor)- when the shares will come onto the market?

Baza

Not much dilution there. The placing price + a margin ( 2p/share?) should set a good floor for going forward. Personally I hope that is the last issue of shares before orders are received. Investors can only 'travel hopefully' for a limited time! I still rate this as one of the best opportunities around at the moment, along with GFM!

Will there be an announcement soon that ASDA will take 'Starpol 2000' .... I think so :)

Cheers,
PM

5% issued at 10% discount = 0.5% dilution - up we go!

sd

Sounds like the entire placement has been snapped up by Institutions, who have been able to jump onboard at only a very small discount to the current SP. The fact that it was filled so quickly is excellent news. Had the placement been at a much lower price, say 18p, today's SP would have tumbled, testament to the potential of SEO that they have been able to achieve a much higher price. Especially, when you take into consideration that we have been at these levels for such a short time.

pth

well that explains yesterday!! without news we will stay around this level for a week or so, give or take. i agree with sharesure and also hope that's the last of the placements.

Full dilution won`t be felt until the 13th June, appropriately enough for the
wary, until then I stick with my short.

This is the 25th RNS this year, averaging 4 a month.
To me, it portriat's a company which is gathering momentum.
Just a another brick in the wall.
cyril

Stanelco PLC
08 June 2005

8 June 2005



Stanelco plc ('Stanelco' or 'the Company')



Howard White appointed Group Managing Director of Stanelco plc



and President of Stanelco's US Operations



Stanelco plc, the radio frequency (RF) applications group is pleased to announce
that it has appointed Howard White as Managing Director of the Company. In
addition Howard has been appointed President of Stanelco's US operations. The
appointments take effect immediately.



Howard White began his career in 1973. From 1982 to 1993, Howard set up a
successful business buying distressed businesses, in ceramics, shoe repair and
printing equipment industries, and orchestrating their turnaround into a
profitable Group of businesses. In 1987, he reversed Taylor Tunnicliff Ltd, one
of the Group companies into a small, fully quoted engineering company, Christy
Hunt plc, and took a 14.5% share. Christy Hunt bought Deritend Stamping plc in a
32million deal. At the enlarged Christy Hunt Group, Howard was responsible for
Group operations, until it was bought out by Triplex Lloyd plc.



Howard joined Stanelco in 1991 as an executive director when it reversed
Stanelco Products Ltd., Merchants Manufactory Estates plc (MMEC) in return for a
40% stake and became an executive director. Howard has also been responsible for
the Chapter 11 reorganisation of Solitron Devices Inc. a NYSE listed company,and
transforming it to profitability.



Ian Balchin, Chief executive of Stanelco plc said:



'We have made this change in the management structure to more accurately reflect
the role that Howard has been fulfilling for Stanelco. Howard in particular has
been instrumental in directing the GREENSEAL(TM) project. We are now geared up
with partners to roll the technology out in the United States as soon as we have
completed the third trial with ASDA dedicated suppliers in the UK.'



- ends -

wilbs

the placing price of 21.15 must be very good news for all holders...but I always wonder why kind hearted posters put the entire wording of a company release on the board rather than a summary with their own assessment which might be helpful to other holders...after all the full release is readily available on many other sites such as uk-wire.

This sounds good !

'We are now geared up with partners to roll the (Greenseal) technology out in the US as soon as we have completed the third trial with ASDA dedicated suppliers in the UK,' he added

tipton11
Good point If I put the Research Page up it would fill the whole screen, so much news today I can't handle it all.

Hi Tipton - I am sure many would agree with you - but personally I dont as I would have missed this announcement. I use this board as my primary source and prefer to see the full text - perhaps I am lazy or just cant be bothered. But this morning - when there were 2 announcements I had only picked up the first and would have missed the second if wilbs had not posted. I accept that a siummary is nice and PaulMasterton is good at that - but I still like to see the full text for myself
regards
Baza

Putting the release on was very useful on a day like today when the news icon comes up by SEO on Moneyam with the first news release but there's no way of knowing that there's been a second later in the day.

wilbs - nice one. Specially like the last sentence from Ian Balchin - as soon as the (we assume) successful 3rd ASDA trial is completed, they start the US roll-out. This gives a well structured sense of purpose and time-scale.

Howard White clearly has an excellent track record in keeping comanies solvent whilst (re)building a business - very useful for such a crucial growth period for SEO (many rapidly expanding businesses fail by trying to grow to fast beyond their cashflow means).

SP holding well at 23+p bid in spite of consistent selling amongst which I detect someone playing the odds on being able to buy in again cheaper after 13th June (is that you Seq.?) - not sure the likelihood of significant fall is any where near high enough to risk being out of the market in this company whose first class management are on a total roll currently.

Very happy to have added on the dip yesterday.

sd

A lot of the sells at 23.05 are in fact buys - cos mine was one of them

Baza

offer price is 22.90 at the moment

On reflection it properly is a good idea to put the whole thing up because I would have missed it as well.

Research Page updated 8/06/2005

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=5042