bosley
- 20 Feb 2004 09:34
Sharesure
- 05 Aug 2005 14:15
- 8125 of 27111
eric, thanks. sort of allays my concerns re the mark down.
bhunt1910
- 05 Aug 2005 14:45
- 8126 of 27111
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
Sharesure
- 05 Aug 2005 14:56
- 8127 of 27111
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
- 05 Aug 2005 15:18
- 8129 of 27111
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.
nyleve
- 05 Aug 2005 15:35
- 8130 of 27111
Thanks for the welcome, really enjoy your chat - well, from most of you !!!!!
bhunt1910
- 05 Aug 2005 15:41
- 8131 of 27111
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
- 05 Aug 2005 15:52
- 8133 of 27111
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.
EWRobson
- 05 Aug 2005 15:55
- 8134 of 27111
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
driver
- 05 Aug 2005 16:08
- 8136 of 27111
EWRobson
- 05 Aug 2005 18:19
- 8137 of 27111
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
bosley
- 05 Aug 2005 19:21
- 8138 of 27111
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.
bosley
- 05 Aug 2005 19:22
- 8139 of 27111
saying that , we could do with some more retro-fit orders, though.........
hewittalan6
- 05 Aug 2005 20:33
- 8141 of 27111
Christ bos. If you're after comments by the more intelligent you're gonna have to start a new thread!!
EWRobson
- 05 Aug 2005 22:01
- 8142 of 27111
bos. I think ii is the guy you're looking for. ii stands for immensely (large head) intelligent. 'Woe unto them that are wise in their own eyes and prudent in their own sight!' - that's his own book. We simple folk stick to the plain facts without having to distort them. Reckon that's a good way to tackle it. Now I've forgotten what you asked and we are on a new page. Never mind, it was probably a rhetorical question - better than ii's rhetorical answers, not even he can remember the qustion.
By the way, have you opened a new CFD on SEO. Think its a good time to do it. May have a week or so left at this sp level and then its history.
Eric
driver
- 05 Aug 2005 22:28
- 8143 of 27111
paulmasterson1
- 05 Aug 2005 23:03
- 8144 of 27111
Hi All,
Lots of options, but I too am split between another aquistion, or Biotec big expansion, or Greenseal rapid rollout costs.
I think it's safe to say that the last two being the case, then Stanelco must have already received some massive interest in the products, for them to think they will NEED more money available at short notice :)
Borrowing cash is more like the second two options, as the revenue will quickly pay the money back. Placing sounds more like option one, as per Biotec and all the other aquisitions before it.
I said before, that someone had been discussing an idea with me, for a massive use of Biotec TPS, we chatted, he made a very good case up for the idea, and HQ and the prospective client are looking at it, and if it comes off, then a massive upgrade of TPS output will be needed to supply the end users requirements, that is a possiility for the cash too. Nothing guaranteed yet though !
Cheers,
PM