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

Morning Bos - Looking forward to a better week than last in more respects than one

Baza

Some associated News
Tesco, Wal-Mart could face European expansion problems, warns report
AFX


LONDON (AFX) - Tesco PLC and Wal-Mart Stores Inc's ambitious billion pound expansion strategy into eastern Europe is in trouble, The Business reported citing data to be released by AT Kearny, the management consultants, tomorrow.

The report will show that markets in Poland, Russia and the Czech Republic -- key areas targeted for growth by Tesco for 2005 -- are saturated.

Kearney's report carries an index ranking 30 emerging countries based on more than 25 macroeconomic and retail-specific variables. Russia has been knocked off the top spot as retailers enter the market, increasing the level of competition.

'With new players entering this region and existing players expanding, market saturation is tugging many traditional eastern European countries down the index. The Czech Republic, for example, dropped and Poland fell out of the top 30 altogether...Poland is now saturated, the report says.

'Slovenia has fallen one place, Russia is levelling off and while it remains attractive, the steady stream of foreign players has caused its market saturation to increase,' the report adds.

The top five grocery retailers are foreign and control more than 60 pct of the market. Lidl, Tesco and the Schwarz Group joined the crowded marketplace in 2004 and Wal-Mart plans to follow.

Last month Lee Scott, chief executive of Wal-Mart, the world's largest retailer, said it was looking to expand in central and eastern Europe. Scott listed Poland and Hungry as well as Russia among countries that would be attractive.

Tesco also plans to build 20 more stores in Poland and six in Slovakia. Last month chief executive Sir Terry Leahy said international strategy is again his priority."

Baza


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interesting to see the new SETs trades going through, quite a few too, very sophisticated, they set the max. spread at 10% tho`, barstewards

Seq

I believe there are technical problems at the moment with the SETs for SEO. I can't see the Order Book on L2, so perhaps that might have something to do with the Spread?

pth

Edit

Seems to be up and running now, although still looks like there are a few glitches.

pth

I think its MAMs provider rather than the system

loving the new system. MM's were clueless in SEO and now at least we ca see the real mkt..

on the laser sealing issue they are YEARS to come to market. R&D is a long and slow process and if they are deemed to be efficient and safe (and viable and reliable) then maybe could be a threat in a few years time. in the meantime SEO can enhance their proven and accepyed product.

ptholden,

There was a problem at our providers this morning with the new stesmm stocks - they have now resolved it so the order book is showing, but there will be missing data on some books from the outage.

Apologies

Ian

S'ok Ian, no probs. Off to play golf, so it can do what it wants! Well, as long as it goes up!!

pth

well up goes the DOW as pth forecast, no doubt the SEO will follow, still I got out of oil spot on the mark, and MOI is moving up- after I sold a million last week,

you have to laugh.

offski

seq
We all ways laugh with you.

ahah, can we assume that the SET`s traders are more, shall we say, professional than the punters, seems so by the AT sells bombing through, much more clear now, its enough to give you PMT

lol!!!!!!

definitely offski.

ps thanks driver nice to know I spread a little happiness, hah!

i understand that at trades are automated trades. what is the significance of automated trades?

Can anyone explain what this SETs does please and how it will effect me. Totally new to all this and needing to learn

It enables traders with Level 2 access to place their orders directly in the market (either buy or sell side) and appear in the screen a bit like a MM (but with no name adjacent). Then other traders can "walk" their prices towards you, or you towards them until - BOOM! - there is an automated trade as one trader's sell price meets another's buy price. Or you can set you price well back from the front as a stop or limit for whent he market moves sudednly and you weren't watching.

You can see how far/near you are from the front of the "queue" of prices and duck inside the MM's prices to secure a quicker transaction at a slightly tighter (worse) price.

All trades basically are automated unless they go via an MM.

Anyway, that's what I understand, but please correct me if I'm wrong anyone.

sd

Unless you use a broker who is dealing SET`s (e.g. Killik &Co.) you won`t use the SET`s system, you will merely trade as an `O`,deal e.eg. Natwest Stockbrokers don`t use SET`s, it doesn`t matter if you do trade elecronically,or by `phone , you will merely get the mm`s price- AND there is now no guarantee now that you will get the price the mm shows,it its below NMS- if it isn`t matched in number you ` aint having it.

So for the basic punter the only diff. is you can see the board, and know the numbers- my advice is get a SET`s broker.

ok - my shares are held in a nominee account with BSL

The bit I dont understand is :

If I want to sell 100,000 seo shares - and I use sets to place my shares and manage to get a buyer on sets - how do we physically exchange shares and cash ?

How is BSL involved?

Ignorant Baza

firstly they will have to be sold through a SET`s broker,so you won`t necessarily be able to trade SETSMM anyway, but its not YOU who is doing the trading anyway, its not punter led, your broker will deal as the intermediary as usual, your a/c will be credited - as usual, basically for trading purposes for the small guy it doesn`t change a thing-EXCEPT -you can see the MARKET- BUT ONLY PART OF IT.
Most annoying, I thgt. this might be a breakthrough in clarity, not a chance.

In a nut shell its still mm led.

ps don`t be afraid to ring your broker for advice on the new system- they are obliged to tell you of the changes

cheers sd. cheers seq.

That seq, so much talent.