bosley
- 20 Feb 2004 09:34
explosive
- 26 Aug 2005 14:05
- 8603 of 27111
SEO has been bouncing around the 18.75 to 22.00 for a while now. I bought this share back when it was 5.78 and have seen alot of movement. The question really is how far over how long this will go on for. Personaly I'm keeping Stanelco in my portfolio until Asda 12 trial of RF has expired. With a bit of luck frogpack will have gained major interest by then also which should help the shares considerably. I think this share could well top the 50p mark especially after the Asda exlusive trial deal ends and the technology is rolled out to other large supermarkets like Tesco, Sainsbury etc. Lets not also forget JLP & M&S, both these giants have been looking for some time on cost cutting which RF could provide a solution to....
seroxat
- 26 Aug 2005 14:13
- 8604 of 27111
I'm hoping not to have to wait until the end of ASDA's 12 month exclusivity deal before we see 50p.
explosive
- 26 Aug 2005 15:06
- 8605 of 27111
To be honest neither am I!!! Just can't see how this may happen before though. The share price will be pushed up by RF lisence fees.... As you would have seen Asda have been slowly getting suppliers to change... I think the big push will come when more businesses after the Asda 12 month exclusive rights period are able to adopt... Stanelco need this business to ensure there technology becomes the industry standard and generates multiple revenue streams.
EWRobson
- 26 Aug 2005 15:17
- 8606 of 27111
explosive: Your comments are fine for the UK only. Given that ASDA are owned by Wal-mart who clearly really need SEO's Greenseal and, I assume, Starpol then my comments above would lead to an expectation of 1 if there interest is global. Even if not, that should us up to 50p.
Paul: I can't see an easing back below 18p. That seems to be a support level; a break below 18p could move the share down from what I assume is a head and shoulders pattern (?).
sharesure: re the EGM, there can only be anything pertinent re the US if tehy are ready with an announcement and that would mean an RNS. Failing that, the key questions must relate to Greenseal take-up with ASDA suppliers and progress with Starpol and Frogseal. These questions relate to on-going order position and thus don't require an RNS and there is no reason why they shouldn't talk about them. Do we know whether there is an analyst briefing - no mention in 5th August RNS.
Eric
paulmasterson1
- 26 Aug 2005 15:33
- 8607 of 27111
Hi all,
20p !
Seen 20.25p, and I bet we see it again before the close.
Last chance saloon before Tuesday, SEO's favoured RNS DAY and EGM DAY.
1 hour left ....
Cheers,
PM
Sharesure
- 26 Aug 2005 15:34
- 8608 of 27111
Eric, Whether it's at the meeting or over coffee before or after I'll ask as much as I can before they bounce me out of the building! I take exception when directors try to limit shareholders in what they can ask, unless it would be commercially stupid to reveal that information.
Meanwhile, as I have said before on this thread, don't waste time watching the pot here, nip over to the thread on Chaco, CHP, for a bit of immediate action.
seroxat
- 26 Aug 2005 16:06
- 8609 of 27111
Something that's just occurred to me is that the directors probably know already whether the Biotec purchase has been approved. The age of reason foundation and several other big shareholders will have already 'cast their vote' and i can't believe that the shareholders turning up on Tuesday are going to influence the final outcome, when there's 800+ million shares held how on earth can you count up the votes at the EGM. Playing devils advocate it may mean that SEO are now able to sign a 'turnkey' agreement with Walmart and a significant RNS may be released straight after the Biotec purchase has been ratified ie Tuesday pm, i'll keep that thought over the weekend!
explosive
- 26 Aug 2005 16:08
- 8610 of 27111
Eric, I think that an expectation of 1 is a little far fetched at present. Yes there is global intrest in the technology however intrest is all it is. Lets see how much intrest actully turns into revenue and along the way how much competition enters the market.....
Sharesure, I like your attiude and fully agree with the concept of asking whatever you like at the EGM. Lets not forget who actully owns this company and who directors ultimatly report too!!
superrod
- 26 Aug 2005 16:53
- 8611 of 27111
lets also not get too carried away. just because the news has been good thus far, it doesnt mean it always will be.
btw i bought back in 5k ago :o)
EWRobson
- 26 Aug 2005 17:01
- 8612 of 27111
explosive: I thought you would like some explosive growth! Clearly, the sp future depends on deals signed and, in particular, on the US. That there will be US deals is probably a no-brainer. The option that I think is most likely is Wal-Mart. Now, WM will want to have it to themselves just like ASDA over here but SEO would not want that unless it were a special deal. So what would make a special deal to give them an exclusive? Answer: a worldwide deal covering all their suppliers. That must be worth 5x the ASDA deal. That's the argument for 1. How likely? I would put it at quite good, say one in three chance but that's the cautious side of me taking over!
Eric
explosive
- 26 Aug 2005 17:35
- 8613 of 27111
Eric, ah... I see your angle and line of thinking and like it!!! Europe however poses tougher environmental laws in comparrison to the US. Also I am of the belief that Europe also has woken up to issues surrounding 'being green' where the US has yet to follow. The recent G8 summit evidence of this.
So really your left with whos the cheaper packaging supplier (in the US anyway). Stanelco have played their cards, lets see what the conventional packaging companies come up with as I can't imagine their lose market share without a fight!!
Enjoy the long weekend, explosive - better known as John...
paulmasterson1
- 26 Aug 2005 18:52
- 8614 of 27111
Explosive John Hi,
You mention 'the conventional packaging companies', but there is no competition to Greenseal, it doesn't work that way, the 'conventional packaging companies' are the one's that want to put Greenseal on their machines, they cannot and will not be competing with it by reducing the cost of their machines, the cost is only a small part of the Greenseal equation, it's starch based mono plastics, lower electricity(see the recent US energy bill !), less labour needed, environmentally friendly packaging, better seal integrity, sealing through contamination, less returned goods, smaller lipped packages save space in transport and on shelves .... and the list goes on ....
Also Howard is not going into Europe, until Greenseal is rolled out in the USA.
Cheers,
PM
stockdog
- 26 Aug 2005 19:06
- 8615 of 27111
The downtrend from the May peak to the early August peak has just been broken today, suggesting the July and August 18.75p support troughs are taken as a double bottom with a 3.75p interim height to the end July peak of 22p. If this formation is confirmed next week by breaking up through the 22p interim resistance level, we should be able to add the 3.75p to this resistance turned support to get back to 25p + in the immediate future.
The EGM approving all proposals and favourable sentiment on current outlook on Tuesday may be just the ticket to get us back up through the crucial resitance level to where I think fair value lies currently for this share.
have a happy (patient) weekend everyone
sd
greekman
- 26 Aug 2005 19:55
- 8616 of 27111
Off thread, but must just say what a pleasure this weeks posts have been. Mostly healthy informative debate.
Thanks to all, have a good extended weekend.
greekman.
bosley
- 26 Aug 2005 20:13
- 8617 of 27111
i really hope the current excitement is rewarded. have a good weekend all.
if anybody is going to the haigh steam rally on sunday, i'll see you there!!!!!
EWRobson
- 26 Aug 2005 20:41
- 8618 of 27111
stockdog: I like your doube bottom reference; indeed I like double bottoms - not to exclude the shape as you rise up the body: sorry, the chart! Through the MA10 and the MA25 in sight. Pros back from hols on Tuesday too. I think we just need a positive trading report which is in their interest to give and then we can elave it to the speculators to talk it up pending a US deal. Lovely jubly! Have a great weekend all.
Eric
stockdog
- 26 Aug 2005 21:39
- 8619 of 27111
I'm more a double tops man myself - lol!
woof woof
sd
EWRobson
- 26 Aug 2005 22:37
- 8620 of 27111
We need an illustration - where is driver?
Eric
niceonecyril
- 26 Aug 2005 22:57
- 8621 of 27111
Agree with andysmith, EGM about Starpol. Perhaps the chance to ask other questions after the meeting, over a cup of tea. My question i would ask, when
exactly does the ASDA exclusivity deal end,is it early April as in the EGM document or the 1st Monday after the last trial?
One other point, Tesco operate in Europe, so could they take on Greenseal without
infringeing on the exclusiveity deal by applying it to those countries only?
cyril
insiderinside
- 27 Aug 2005 02:32
- 8622 of 27111
SE0 has been nicely ramped ahead of the EGM - lots of comments about CG always being right - he has bene wrong many times - and ramping of the big news - LOL - this will now present an excellent shorting opportunity on Tuesday should there be no news apart from them agreeing to buy Biotec - agreeing to be allowed to dilute by more shares issue - and agree to them being able to put the company into massive debt -
More jam tomorrow - hype or spin - and no confirmed news - will no doubt start a mass exodus and a quick price drop.
They should be able to announce 20 orders for Greenseal - if they cannot even manage this then its a gonner - so expect around 20 Greenseal orders - still massively short of the 1000 needed to support the price - they should also have been able to give away at least 1 free of charge trial in the USA - I mean its free - if they cannot announce this then its going seriously wrong.
Have CG and the ramping crew played their last short term ramp up and quick profit before shorting it back down later ??