bosley
- 20 Feb 2004 09:34
aldwickk
- 27 Aug 2005 20:53
- 8632 of 27111
Lifeway gets into Wal-Mart; shares soar - UPDATE 2
AFX
CHICAGO (AFX) - News that it cracked into the aisles of the world's largest retailer sent shares of Lifeway Foods soaring as much as 20% Friday.
After Thursday's closing bell, Lifeway said that it has begun to distribute its milk and soy-based 'kefir' beverages to a limited test market of up to 17 Wal-Marts in the Chicago area
While the company doesn't expect nationwide distribution at Wal-Mart anytime soon, Lifeway said it is 'hopeful this limited store distribution is successful to a point where we can then move to supply a larger number of Wal-Mart stores nationwide.'
Shares of Lifeway climbed $2.09 to close at $16.18 after touching an intraday high of $17.69. The stock hit a 52-week high of $18 and change last week after starting the year in the $7 range.
This story was supplied by MarketWatch. For further information see www.marketwatch.com.
aldwickk
- 27 Aug 2005 21:00
- 8633 of 27111
What else does Lifeway supply ?
aldwickk
- 27 Aug 2005 21:05
- 8634 of 27111
Loads of action Monday then, EGM, other possible news, and star status in The Daily Telegraph .... cool ! Its a bank holiday on monday, LOL
someuwin
- 28 Aug 2005 00:04
- 8635 of 27111
Looking V. +V 4 the Wk a Hd!
stockdog
- 28 Aug 2005 03:40
- 8636 of 27111
Do try and keep it short, someuwin!
bosley
- 28 Aug 2005 09:11
- 8637 of 27111
sd, sum ppl r far 2 busy !!
jimmy b
- 28 Aug 2005 09:44
- 8638 of 27111
i 2 .
aldwickk
- 28 Aug 2005 10:00
- 8639 of 27111
u 2
BKK2
- 28 Aug 2005 10:48
- 8640 of 27111
?
bosley
- 28 Aug 2005 10:52
- 8641 of 27111
nxt wk!!!!!!!
superrod
- 28 Aug 2005 11:03
- 8642 of 27111
what action on monday? isnt it a bank holiday?
paulmasterson1
- 28 Aug 2005 17:39
- 8643 of 27111
Er .... tuesday .... LOL !
I'm awake now :)
Cheers,
PM
EWRobson
- 28 Aug 2005 21:21
- 8644 of 27111
Just been thinging again about the EGM. Taken as read that it is primarily to approve the takover of Biotec. Plenty of discussion about what might be said about current trading. Little said about the other motions to authorise the issue of additional shares and increase the borrowing facility. These are actually very significant motions because they indicate the company is going places. During the early roll-out and rapid expansion phase a company needs cash: so they have the authority to place shares to raise cash and to borrow funds. I take these as very positive moves. Happy to be with a company which is expanding aggressively and confidently.
Eric
superrod
- 28 Aug 2005 21:43
- 8645 of 27111
cant really see anything happening on tuesday ( other than rubber stamping ).
EWRobson
- 28 Aug 2005 22:07
- 8646 of 27111
superrod: You may be right as the agenda for the EGM is pre-determined. However, it would be surprising if the opportunity is not taken for some positive updates given that that there are positive things to talk about. It may be that an up-to-date picture emerges over coffee and biscuits after the meeting; I'm sure sharesure will eb digging previously. The key question is what is the market expecting. Whether it is right or wrong I suspect the market is looking for feedback at least on the ASDA contract and Starpol sales scenario. If this is not forthcoming then what is there to underpin the sp?
Eric
ptholden
- 29 Aug 2005 00:04
- 8647 of 27111
Bos
Nothing will be said at the EGM except Biotec. Got the BBQ sauce ready?
pth
ghengis101
- 29 Aug 2005 07:06
- 8648 of 27111
Daily Telegraph 29/08/05 page 26:
Leading sector:electricals: stanelco up 272 %
since the start of the year .Hopefully this may bring attention to this company and
its potential , have a great bank holiday !!!! but i think tomorrow could be better!!!
greekman
- 29 Aug 2005 09:05
- 8649 of 27111
ghengis..
Morning you beat me to it. Also the next in the Telegraph list is showing plus 99.8% up since start of the year, so it makes the Stanelco rise even more impressive. As to the EGM....Whilst agreeing that this meeting is primarily re the Biotec issue, as its to win the vote, it stands to reason that an update to sell the idea is the sensible thing to do. To sell the idea, they must sell the future.
A couple of press snippets
http://www.foodingredientsfirst.com/newsmaker_article.asp?idNewsMaker=8950&fSite=AO545&next=1
Aug 29,2005-Top packaging designers, researchers and marketers will come together at the 7th annual Market Research & Development for Package Design conference, September 21 - 23, 2005 at the W Chicago City Center.
This looks like yet another ( diff to the one mentioned about 10 days ago ) conference for Seo to aim at.
http://www.menafn.com/qn_news_story.asp?StoryId=CqXe2WeidyNjPDgfPBI13ywXTyxj0
BENTONVILLE, Ark., Aug. 28 (UPI) -- Lee Scott, president and CEO of Wal-Mart, called for the British government to look into supermarket giant Tesco's hold on the food market.
Store wars hot up Aug 29 2005
Western Mail
Things are moving.
bosley
- 29 Aug 2005 09:26
- 8650 of 27111
morning. pth, i haven't seen you in the betfair poker rooms yet!! i still feel that seo will say something other than blah , blah , resolutions passed. i think eric has called it correctly when he says
"The key question is what is the market expecting."
we haven't had any updates for a while and the sp has steadily dropped. it's pretty obvious that we would like some kind of update on how the retrofit is progressing and i think that would also apply to the market in general. truth be told, we are the bloody market .
btw, what a crap day!!
stockdog
- 29 Aug 2005 10:13
- 8651 of 27111
Since SEO won't own Starpol/Biotec until after the EGM has approved its purchase, there cannot be any binding deals in place for it yet. It is unlikely any part concluded deals will be discussed, since there terms will still be sensitive, but they might make a gneral statement that there are many deals under discussion. But we kind of know that would be the case anyway, I think.
But, aren't we still waiting for results ofthe third trial on Greenseal? There could be some news on this front which could perk things up a bit.
The SP has been supported entirely by Greenseal to date, without taking any value for Starpol. Assuming the EGM approves Starpol, the fund-raising to pay for it, and the new fund-raising powers, it would be appropriate for the market to include a reasonable value for this new (and potentially largest) division in the SP.
If we see the SP rise from 20p back through 22p, we will have proved a Benny Hill sized double bottom indicating a further rise back to the 25p level. That's what I'm still holding to (and hoping for).
Que sera sera, or perhaps that should be Oh! Calcutta (a corruption of Oh! quel cul t'as. EYHO BH)
sd