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

Correct Tony I also was led to believe they would not be occupying these units,also Wales is not going ahead for those who don't allready know.

Do SEO put its brain into gear after its spent the money? leasing 2 new units to put retrofitting M/Cs at a cost of 230k lease, but now they are going to TRY and sublet them, what if they can't sublet? how long are the leases for? i shouldn't really worry about how long lease is for, IMO SEO won"t be here in 6 months without orders

soon to hit .0050p

look on ii ??????????????

It has been posted on another site that Ferndale Foods are just about to change their supplier of packaging. This was posted my someone who states they are a supplier of products to Ferndale.
I always look at these as total rumor and have never continued a copy post as I don't see any point in spreading a possible rumor, BUT I have done some digging and you never know.
On 30th August 2005, Ferndale Foods completed a 2.2m extension at its factory in Erith, Kent, to meet demand for its pre-packed, ready cooked meals.
At this time I believe ASDA were their main customer.

On 13th September 2005, only 2 weeks later Asda decided to switch to Northern Foods as its primary ready made meal supplier, which according to the press left Ferndale Foods fuming in the sidelines.

Ferndale submitted a complaint to the UK's Office of Fair Trading (OFT) claiming that the supermarket chain had not given the company enough warning and that the decision represents an abuse of market power. ( I have no idea what happened re this complaint).

The Asda decision also indicates what can happen when a food processor is not able to keep up with the market in the eyes of its clients. Asda says it is making the switch because it wants to re-launch its ready meals range this autumn with new recipes and new packaging.

So due to my records as above, I thought it worth posting on here.
It would make sense if Ferndale were dealing with SEO to recover the lost contract with ASDA. Ferndale would not in my opinion just sit back after extending their premises presumably to facilitate continuing dealings as ASDA supplier.

IF the contract with Northern foods was for 12 months it would have just ended, and no doubt up for negotiation.

As said, I can not substantiate the info re Ferndale and their proposed new packaging supplier, (it may be totally wrong or with a different supplier to SEO).

Interesting, if nothing else.

oooooooooooohhhhhhh more jam tomorrow.
I guess a lot of punters are off to other pastures with a quick profit.
It's long term or bust now.
It's GRIMM UP NORTH.

yes that one has been tried already, let me see, its been Macdonalds. takeover, cocacola and now as these have not worked to pump the price up you are trying a new rmour..

yes well we know where this is heading, schroders are dumping.. its been obvoius

.0050p soon!!!!

Potatohead,
I am not trying a new rumor.
I just thought it worth mentioning due to the previous tie up between ASDA and FERNDALE.
I do believe there will be a contract relatively soon, if I didn't I would have sold.
If/When such contract comes, I doubt it will be announced prior to some sort of news leak. With companies the size of the possible contenders, Asda/Walmart etc, it's very difficult to keep everything under wraps.
I am not ramping this share, just looking for any little snippet of info trying to detect any sort of clue where we are heading.

GM - Ignore PH. 'Pot calling the kettle black' springs to mind (see ERX thread).
'News tomorrow' is his warcry!

SF,

Cheers GM.

ACTUALLY THERE IS NEWS TOMORROW ON ERX.. RESULTS OUT TOMORROW ;-)

Wasn't there a story about Northern Foods dumping SEO unceremoniously last year some time?

Forgive me if this is totally wrong, but we've have an SEO / Northern Foods connection somewhere in our history I am sure.

Sorry, no time to research.

well i said this would go to 1.2p when these were 2p.. but you have had no news, schroders are offloading.. so sub 1p easy

spud enjoy your SHORT/

fear the coming of the great peeler

Logic dictates this is going to .8p same as last listing..... Alot of newbies and novices been caught out on this one, dangerous game, you cannot trust the board of SEO to deliver anything... they have products but cannot deliver contracts, if they were on the Dragons Den they would not have got the Dragons to part with their money...

Another 2 weeks for contracts imo

Whisper in the city contracts to be signed on the 25 of next month.

Must be coming down the chimney to do it

From time to time the SEO thread has suffered from either rampers or de-rampers. I still see the tendency from those who do not accept that we are in a new era, scenario, whatever. By this time next year SEO will be seen as a stable share, with a stable set of products, with stable contracts in stable markets. The sp will depend on the nature of those contracts and the analyst evaluation of the projections for the business. How would I know the value of the company then? What I am confident in is that Schroders do have sensible projections now or will have when they have completed their appraisal, reviewed the proposed contracts with the various Corporations and put the plans in place. I am confident that that value will be significantly more than the 0.8p paid for their 14% or so holding (including Pension Funds). I object to ph putting out disgraceful comments about Schroders selling off their holding - has he had any contact with Schroders or know how they operate? It devalues a thread like this when people shoot their mouths off with no foundation.

My comment about averaging down, as sd picked up, is no more sensible than reducing the cost of a rising share by taking profits. My point is, though, that it is easy to hold a share that is falling, hope that it recovers to its buy price and then sell out with relief when you break-even. My suggestion is that there can be opportunities to buy at lower prices that have the effect of averaging down but which are justified for their own sake. I am more likely to make money in that situation than switching my attention to a share that I do not know as well.

Eric