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

Sharesure: pm gave the explanation the other day that it was the first of the MMs clocking in; quoting a wide spread because they had no keenness to trade. If it was GSCO they are still quoting a spread of 19.75p to 22.75p so they are hardly going to be used! Could ease a tad more next week but the next major move is likely to be upwards and at least to the old trading range around 27.5p. I thought an Evolution report was due this week but see that they have posted nothing on anybody since 25/07. Tim Freeborn normally manages to dig out something positive and he may be sniffing around in the US as we speak! sd: proves you aren't the only sniffer!

Eric

Hi All,

Just checked back with Tim at EVO, and the monthly note has just gone to the printers, and he is hopefull it will be e-mailed out on monday.

Cheers,
PM

eric
That was the reason for the ? I like to get punters thinking and chatting.

eric, thanks. sort of allays my concerns re the mark down.

So there was an RNS today after all - so me water was right - again - although still not quite the news we are waiting for. This is getting uncanny - 4 out of 5 aint bad.

Baza

Now well invested. So hope those feelings about a dip do not come true. For what it's worth, I did get from the company the other day that they hoped to be in a positionn to update/announce progress re the USA soon. Perhaps we don't have to wait until September?

Sharesure
Blmmy sharesure your a big player then 355k shares at 1450, Well done Re US progress, and for what it's worth my last top up was 23.75 I think.

driver, just interested, and slightly worrying, that it didn't cause any difficulties; hope all the warnings re a large seller drifting out stock is not happening, or if it is, that they run out soon. I haven't ruled out buying more but that's enough for today and perhaps until there is a little more firm order evidence, even if it means paying more.

Thanks for the welcome, really enjoy your chat - well, from most of you !!!!!

There seems to have been very little reaction to the RNS.

Whilst not significant in its own right - this is again to my own mind demonstrating excellent planning and forethought from the directors of a well run company.

There could be something in the wind - but whether there is or not - it is good foreward planning that will ensure that they are able to respond quickly and efficiently with a cash deal should the right opportunity arise. I do not think this company squanders money - so I for one feel comfortable with the resolutions.
How do others feel - am I being too simplistic ?

Baza

Sharesure
I thought it had turned the other way over the last few days, there has been loads of sells and the sp has stayed green or a small nudge up indicating some one accumulating a large amount of stock.

driver, hope your take on this is right.
I agree with the the strategy of today's RNS. Far better to be well placed to move fast, particularly as there will be plenty of competitors now watching very carefully what SEO do; they could get left in the deep field if all the parts SEO are fitting together start moving forward together. They will have a formidable range of products for most packaging solutions.

baza: keep on drinking plenty; of water, that is! very intelligent, actually, and not simplistic. I like to see good forward planning; we have had plenty with appointment of commissioning teams, manufacturing supply, executive roles, opportunistic acquisition and now financing.

sharesure: good on yer! helpful to have the indication re US - even a state of play in relation to trials would be good. However, I suspext it will have to mention Wal-Mart and therefore could well mean a contract along the lines of ASDA but without exclusivity (unless of mega size!). You wonder why all these guys are selling the stock - heads need examining. ii's head is such mega-size that he needs a shrink; mind, I expect the industry has given up on him! (artistry needed, please).

Eric

Im with you on that baz, SEO have new people on board who are fresh and looking forward to a much bigger and more prosperous company for the good of themselves and SEOS share holders.

Well done, driver. Fine for a start. However, he looks almost pleasant and needs to be grimacing, as if with pain, but really because it is so obnoxious living with himself. The eyes are squiniting, which is OK, but it might be better if they bulged out sideways, so that he can see all his imaginary enemies stabbing him in the back. If his head was made of egg-shell, it would ensure an early demise as he falls off his wailing wall!

Eric

baza, well done, sir.your water is nigh on infallable.
i would like a few niggles cleared up by the more intelligent , please. firstly , it says that

"It was announced on 6 June 2005 that the Company had entered into a conditional
agreement to acquire the whole of the share capital of Biotec for a total
consideration of US$25 million."

"total consideration" is what i am focusing on.

but later it says,

"The Acquisition Agreement further provides for the assignment to Stanelco of
debts currently owed by Biotec to the Vendor amounting to approximately 16
million ('Vendor Indebtedness')."

does that mean seo pay 25millin euros and get the 16million euro debt as well, or is the debt included in the "total consideration" ?

also, i do like the idea of seo having the capacity to a)raise further funds quickly and b)to borrow more. their aquisitions have so far been excellent strategically and they seem to have a canny eye for spotting companies with great ip and technology, i.e. adept and aquasol. so far, seo have not let us down and have shown they can be trusted to deliver.

saying that , we could do with some more retro-fit orders, though.........

bos
Re "cleared up by the more intelligent" I won't bother then.

Christ bos. If you're after comments by the more intelligent you're gonna have to start a new thread!!