bosley
- 20 Feb 2004 09:34
paulmasterson1
- 15 Jun 2005 20:23
- 6025 of 27111
SD Hi,
Why would KBC place shares with EVO, 'the competition', when they could quite easily have sold them into the open market themselves, if they had any left, after all they are MM's and brokers too, and could have easily afforded to buy them ?
From KBC website ....
http://www.kbcpeelhunt.com/2/Anim/IndexSales_trd.asp
Trading
Our market making activity currently covers more than 1200 stocks, making us the second largest market maker in London. We consistently rank within the top two in small companies in the London market, including AIM, as measured by transaction value.
Our balance sheet strength give us the ability to facilitate transactions to the benefit of both our institutional and corporate clients.
Cheers,
PM
paulmasterson1
- 15 Jun 2005 20:31
- 6026 of 27111
Driver Hi,
I don't converse with **, squelched that one when I first arrived here.
Anyway, post removed.
Cheers,
PM
paulmasterson1
- 15 Jun 2005 20:39
- 6027 of 27111
Hi All,
Take a real good look at the deals on these two pages, and then try and convince yourself that KBC Peel Hunt could not place all 44m Stanelco shares and raise only 9m ....
http://www.kbcpeelhunt.com/2/Anim/Index_tombstone.asp
http://www.kbcpeelhunt.com/2/Anim/Index_deal.asp
Cheers,
PM
halfamil
- 15 Jun 2005 21:20
- 6028 of 27111
statesidestateside
"we shall see"
LOL
EWRobson
- 15 Jun 2005 21:36
- 6029 of 27111
Interesting stuff re the placing. Clearly, KBC Peel Hunt and Evolution -play multiple roles. It strikes me however that the roles need to be clear in each particular case. Thus KBC carry out the placing for SEO but I suspect that they do not take stock themselves; they may well be an MM for SEO - perhaps this can be clarified. Evolution could well have taken a slice of stock: they then offer that to their clients making a turn and/or sell it on as MMs. Liked pth's perspicacious explanation of the process in the market today: perhaps one begins to see the argument for Level 2. sd wouldn't understand these things although I suspect he is a fan of perspicacious dog bowls.
So where from here. Pretty clear that the next move is up as there is plenty of buying around which today easily outweighed selling. My own view is that KBC Peel Hunt will have placed most of the stock with longer term holders. This would be in SEO's interest and their own. Nor will they have had any real problem in doing so as is proved by PM's quotations of their recent track record with much less saleable clients. We may have cleared th eoverhang already or believe we will do so in the next day or so enabling the sp to move forward pending the next RNS.
Eric
stateside
- 15 Jun 2005 21:58
- 6030 of 27111
driver
Noted
Thank you!
stateside
bosley
- 15 Jun 2005 22:43
- 6031 of 27111
pth, ta very much. it makes more sense now. as eric says , you can see why level 2 is useful in understanding more clearly what is going on.
sambal
- 15 Jun 2005 23:20
- 6032 of 27111
ONE last bash at ii. ii go to the toilet, keep snorting the coke, I hope you get as fu!! as most users do. One a lighter note, stay in the toilet, best place for you.
Sambal
stockdog
- 16 Jun 2005 00:02
- 6033 of 27111
eric, I do understand level 2 which is why I have been able to offer answers to some of your questions.
paul m - please don't shout at me on these threads, I am not a moron. please moderate your style and volume (in both senses).
jimmy b
- 16 Jun 2005 00:03
- 6034 of 27111
bosley
- 16 Jun 2005 07:13
- 6035 of 27111
morning all. last day at work! no news , so here we go again!
wilbs
- 16 Jun 2005 07:20
- 6036 of 27111
In todays shares mag. Should send the price up.
STANELCO
(SEO) 23p
The shares fell back
from a recent peak of
29p following the purchase of the
Biotec Group for $25 million on
6 June and the well-supported
9 million share placing at 21p.
Biotec is a world leader in starch
technology, making high-grade
film for packaging which will be
cheaper than using oil-based film
if the oil price rises another 10%.
Stanelco aims to become a
leader in alternative technology
and is cementing its Greenseal
packaging technology as it
already uses Biotech starch
products.
After the third UK trial with
ASDA suppliers, the Greenseal
technology will be rolled out to
parent Wal-Mart suppliers in the
USA with several meetings and
trials already booked.
Cautious investors could lock in
some profits as the shares have
risen 500% since being tipped on
19 August 2004 at 4.5p.
wilbs
ptholden
- 16 Jun 2005 08:03
- 6037 of 27111
EVO still on the offer on their own! :-(
ptholden
- 16 Jun 2005 08:14
- 6038 of 27111
and EVO OFF the Offer and a tick up, overhang gone?
pth
paulmasterson1
- 16 Jun 2005 08:17
- 6039 of 27111
MM's are pushing the price up, mid and ask showing as the same price, ashk will tick up to 23p soon.
1m+ bought 36.5k sold, says it all really, big blue day ahead :)
Cheers,
PM
bhunt1910
- 16 Jun 2005 08:27
- 6040 of 27111
Must still be a bit of an overhang - 'cos the price is not moving and the volumer of buys is good!
Baza
treikiman
- 16 Jun 2005 08:39
- 6041 of 27111
SHARES MAG...
STANELCO
(SEO) 23p
The shares fell back
from a recent peak of
29p following the purchase of the
Biotec Group for $25 million on
6 June and the well-supported
9 million share placing at 21p.
Biotec is a world leader in starch
technology, making high-grade
film for packaging which will be
cheaper than using oil-based film
if the oil price rises another 10%.
Stanelco aims to become a
leader in alternative technology
and is cementing its Greenseal
packaging technology as it
already uses Biotech starch
products.
After the third UK trial with
ASDA suppliers, the Greenseal
technology will be rolled out to
parent Wal-Mart suppliers in the
USA with several meetings and
trials already booked.
Cautious investors could lock in
some profits as the shares have
risen 500% since being tipped on
19 August 2004 at 4.5p
EWRobson
- 16 Jun 2005 08:44
- 6042 of 27111
2 million buys and at last the mid moves to 23p with spread widening to a more normal 0.5p. Good day ahead, methinks (just as well for my CFD position!). Glad your enjoying Level 2, sd - you can look down on us mere humans from a lofty height; tail wagging furiously!
Eric
EWRobson
- 16 Jun 2005 08:47
- 6043 of 27111
Another 500K. Another 0.25p. That's more like it!
Eric
niceonecyril
- 16 Jun 2005 08:47
- 6044 of 27111
From another board regarding, 3rd Asda trial ends tomorrow.
If so? along with Walmart trials and meetings, set to take place,
is just the news needed to push the sp northwards.
cyril