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

So here was coment from a 3rd party on previous results and happenings - I will add comment on the latest results shortly for your information -


"I haven't gone into the latest News and "goings-on" of SEO, but if they're trying to "pump up" the price, there's a good chance they want to buy something using their stock and not too much cash.
On the other hand, if their Equity is getting dangerously low and they're trying to avoid Insolvency, they'll need to sell more stock to the public or borrow from the banks. If you look at their latest Financials you'd see the following :-
Bottom Line Loss for 2004 was -2.790mil. This is up from a Loss in 2003 of -0.535mil. If you look at their Balance Sheet you will see that their Total Shareholder's Funds, i.e. Equity, for 2003 was 2.647mil. Now if they had added their 2004 Loss to that figure they would have had a Negative Equity, i.e. INSOLVENCY. However, during the 2004 Financial Year they were forced to improve their Equity situation so you will see that they added 5.209mil. to their Share account. I see they also included a "Shares to be issued" amount of 2.500mil. I wonder how "kosher" that is ?!
Either way, in my opinion, it doesn't say that much for SEO. If you sell your own stock to someone else you sell a certain amount of "ownership" of your company to a third party. I'd prefer to use the cash that my business plan generates, on an ongoing basis, to fund my purchases. What SEO may be doing tells me that they are not that good, at present, in making ongoing profits. They may see their future as being improved by incorporating another business into their existing structure. If that's the case, the question is, "how well will they do with that new structure ?" And once again, one will have to wait and see how that pans out by studying the future numbers in their Financial Reports. To make a move before one can analyse those future numbers is, by the very nature of things, SPECULATING."

Now then IMO the results statement is worded very openly which allows it to be misinterpreted (perfect material for rampers) if you notice the 24th March RNS it says 24 March 2005 Stanelco PLC, the RF (radio frequency) applications group, is pleased to announce that it has signed a binding contract with ASDA for a 12-month exclusive agreement for the application of the Group's GREENSEAL tray lidding and thermoforming RF technology in the UK and Ireland. ASDA anticipate that several hundred machines will be adapted to utilise the technology due to the significant benefits it delivers.

Now as they are reporting on the first half year they have cleverly IMO in the results added the word "following" and then made reference to this statement again 29 June 2005 following successful trials, on the 24th March 2005, Stanelco announced that it has signed a binding contract with ASDA for a 12-month exclusive agreement for the application of the group's GREENSEAL(TM)tray lidding and thermoforming RF technology in the UK and Ireland. ASDA anticipate that several hundred machines will be adapted in the next 12 months to utilise the technology due to the significant benefits it delivers.

The following refers to previous news and anticipate is a forward looking word with no meaning or commitment - very misleading IMO ! You can see already certain rampers using this loose wording to start ramping again.

For the record IN the event that there is not in place several hundred orders in the first year which has 11 months more to go now after the 1st commercial order (yes the 1 of 2 they have) then I shall be writing to the Chairman of Asda direct to complain over why their lower levels of management have allowed the use of Asdas name in such circumstances.

It is enough to make you LOL the play on words going on IMO.

This is catching, why

What did Share maq say today ?

Welcome back Eric - missed your commentaries

Baza

From Shares mag today:

Stanelco (SEO)
Stanelco is valued at 225 million high
expectations for a company that made sales of
only 1.3 million and lost 770,000 last year.
Shares have rocketed because of its Greenseal
packaging technology. UK supermarket chain
ASDA is very impressed after trialling
Greenseal and it has recommended it to all its
suppliers. Last week, Hitchen Foods became
the second supplier to order the 50,000 per
machine conversion kit. Stanelco collects
royalties of some 30,000 per machine per year.
Broker Evolution expects Stanelco to win
massive orders in the US as ASDAs parent
company Wal-Mart is taking a keen interest.
Stanelco can also make sealing out of
biodegradeable plastics, which could be a big
revenue source if the oil price keeps on soaring.
Evolution forecasts 1.2 million losses this year
but nearly 12 million profit in 2006. Profits
could treble in 2007. This is why the shares
could still be cheap if Stanelco fulfils its
promise of becoming the next Tetrapak. (TD)

morning all. i echo baza. welcome back , eric. nomine ipso recreor. good follow up in shares mag, keeps seo on the radar.

Wow. Latin. Is you a gentleman bos and use that because its nobilies obligay or are you just a sensa nobilis????
Alanus

Stanelco in sharus papyrus est,sharus libra mortus est.

per ardua ad Asda

Holy shit!!! I understand ii better than I understand these postings now. It's all greek to me.

sic transit Gloria Hunniford

Now, you'd think with money Gloria Hunniford earned she'd drive something better than a knackered Ford van.

alan, me ? a gent? nah.... i read a book on me hols that had some latin phrases , so i thought i would be a pretentious twat and throw them in here!! reminds me of skool...........

lol

SEO- intercursus illegitimi est

So whos gonna monitor that Seq isn't ripping the piss out of us all? AND qui custodis custodian?
Go on Seq. Tell me I got it wrong. Its a hell of a long time since I did Latin and I never paid that much attention anyway!!
Alan

shame about that Alan-you couldn`t make the Judiciary without the Latin you know?
pax

lol

The only thing that attracts me about the judiciary is the opportunity to dress funny and wear dodgy wigs. I do that anyway on a Friday night at our secretive soirees. I refer Your Worship to the NOWT thread for evidence and call on Wilbs as my next witness!!!!
Alan

enough of the nice guy, enough of sophistication, has anyone really got a clue what this fcukin` dog is up to, God its like watching paint dry.

To be honest Seq. I don't think we will see much of the large swing days now.
IMO, more likely to see very flat trading, moving slightly downward, interspersed with regular RNS reports and rumour that push it up to new highs each time. Overall trend will be up, over longer periods than we are used to, but the excitement will be down.
Go on now, SEO, prove me wrong!(Please)
Alan

beginning to think that ii bloke is right- down it goes some more