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Stanelco 7% stake (SEO)     

sagem1 - 01 Oct 2003 19:54

UNKNOWN INVESTOR HAS TAKEN A 7.1% STAKE IN STANELCO. Does anybody know who it is or for what reason apart from a very good investment. Comments invited.

Argy2 - 04 Oct 2003 13:08 - 2 of 25

I believe this is an Institutional investor who went on a recent company visit and was presumably impressed.I'm surprised there has been no confirmation of this though.

superrod - 04 Oct 2003 13:33 - 3 of 25

Cardinal Health holds 3% and i am led to believe the 6.7% was acquired by Richards and Appleby

Argy2 - 04 Oct 2003 14:27 - 4 of 25

I understood Richards and Appleby acquired a 6.55% stake in the earlier placing at 1.1p.I believe they have subsequently added to that but remain below 7% still.
The recent sale of 50m (7%+) was at a higher price albeit from the same distressed seller who has now sold out completely.

superrod - 04 Oct 2003 16:54 - 5 of 25

i dont wish to contradict anyone but that info is from a very well known source. obviously i dont wish to jeapordise my subscription or post anything that others have paid for. lets just say monday might be interesting.

sagem1 - 04 Oct 2003 20:26 - 6 of 25

I certainly hope so......this company has huge potential and most investors dont seem to be aware of this potential.Others in the City understand this company with high profile City big guns taking a very keen interest. Dont underestimate this company.

Argy2 - 06 Oct 2003 08:15 - 7 of 25

Good start to the week...........RHPS tip?

Argy2 - 06 Oct 2003 09:14 - 8 of 25

Still climbing!

ckmtang - 06 Oct 2003 09:39 - 9 of 25

I want to know why SEO rise a lot today?

petralva - 06 Oct 2003 09:45 - 10 of 25

broker i think giving strong buy recomendation rns announcement coming soon
perhaps towards end of week.

ckmtang - 06 Oct 2003 09:51 - 11 of 25

it trading 5.5 seemed quite hard to buy

petralva - 06 Oct 2003 09:57 - 12 of 25

mms might be running out of stock?

ckmtang - 06 Oct 2003 10:00 - 13 of 25

I am saying 5.5p seemed quite high to buy it sorry,

petralva - 06 Oct 2003 10:04 - 14 of 25

depends on how much your buying,you should hsve taken 5.5 some are paying 5.7

ckmtang - 06 Oct 2003 10:07 - 15 of 25

yes. paying 5.7p and what news is comming?

petralva - 06 Oct 2003 10:11 - 16 of 25

broker upgrade with a strong buy recomendation also someone or institution has bought a lot of stock which represents 7% of the total stock which is yet to be announced.

ckmtang - 06 Oct 2003 10:13 - 17 of 25

Ok. thanks for your answer and it helps a lot.

Argy2 - 06 Oct 2003 10:41 - 18 of 25

There was also a newsletter 'tip' this weekend.

ckmtang - 06 Oct 2003 10:47 - 19 of 25

which newsletter

Argy2 - 06 Oct 2003 17:46 - 20 of 25

Red Hot Penny Shares I believe.

petralva - 07 Oct 2003 08:10 - 21 of 25

bid at 5p target 10p in 12 months forecast of 6m pre tax profits 2004.
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