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

Is there a stalker about?

Leave the girl alone!!!

zcs
You appear to have missed the point too.

Discussion of research done, or reported, by others is what I thought BBs were about. Presenting one's own take on things if not in agreement. One does not have to seek to discredit the person to make a point about his opinion. I have had my own number of differences of view with posters (ask Oblo for one) - yet I never sought to discredit them either here or elsewhere, nor do I respect them or their views any the less for having a different view on a specific point.

As it happens PM1 recently reported several pieces of research of which I was fully aware many weeks or months earlier. I, and others, often mentioning them over time. Are you suggesting we should now not refer to them any more because PM1 has?

I believe people should keep their views of individuals to themselves or present them face to face with the source of their ill-feelings - in the appropriate meeting place. Not to sneak round to other forums elsewhere to moan to others, seeking support, like a recalcitrant schoolchild.

Tonyrelaxes - 17 Dec 2006 18:00 - 23022 of 23022
zcs

Are you suggesting we should now not refer to them any more because PM1 has?

Yes.

Tony 'I believe people should keep their views of individuals to themselves '

I couldn't agree more, I found it particularly hurtful when Alan recently called me a mushroom - see his post no 22962 'I was also being told to specifically watch for mushrooms (of the fungus variety - not the Oblo variety'


Oblomov out for his Sunday constitutional

I tried to do that but typed toads tool into the search, not toadstool. I cannot publish the resulting image.
FWIW, the bulk of the PM1 list sounds to me like good common sense rules for any BB, and I am happy to stick my head over the parapet and say (as I oft have done) that a lot of the PM1 stuff is solid research. No all of it, by any means. His problem always was allowing his mind to run off with ridiculous scenarios and silly multiples.
I am no big fan, though, and I am glad to see the back, as his enthusiasm encourages those with the opposite view to become insanely fixated with personal attacks, and neither case is good for the BB.
Of course, if anything is posted by PM1 that can be verified, or has a ring of truth then it should also be posted here. The anti PM1 brigade are very quick to post outrageous bashing from the other site. Of course the PM1 stuff is the stupid rantings of a buffoon and the other stuff is the end product of superior intellects mulling an issue over for weeks.

zcs
A strange restriction on news or opinion you are seeking. Get PM1 to say it then no-one else can ever mention it again.
What if he says it will be Christmas in a little over a week. No one to ever mention Christmas again?
Pah, humbug!!

His site if facts, not opinion, it's a research site quoting other organisations announcements. He expresses no opinion other than in the BB section. And BBs are for views, like them or not. Like it or not

Quite. My view is that PM1s "research" is worthless, ramping drivel.

My take on things, as I rarely post on forums nowadays due to still doing up a house(read destroy and rebuild!!)....

Oblo, we agree on many things and far from saying you are wrong, and as greekman will testify we disagreed on this several weeks ago. I honestly believe that FDA approval has been granted for Starpol 3000. IMO SEO has come to the conclusion that telling the market is not price sensitive as there are no orders(signed) for the product. As proved before, the FDA list is months behind what has been passed. On the other hand I believe that IF it had not been successfull then SEO would have had to tell the market as they have lead the market to believe previously that 3000 was a great product with great market potential.

My take on MW is very much different however. This is a guy that was brought in specifically at the time as he was a ASDA employee. His objective simple, sell Greenseal to ASDA and their suppliers. Result, abject failure and as such I think he was wrongly placed at the top of the tree and until I see vast improvements in the SP, deals, contracts, balance sheet etc etc then I do not see what he has to offer for what I am sure is a vastly improved salary compared to what he made on the till at ASDA ;-)

Tony,
Your post 23022.
Very well put.

Have to agree with qtheman. What credentials does MW have as a CEO, as a skill in itself regardless of what business he's in? That's what we need - a strategic leader and motivator that the city and large customers (Walmart, MacDonalds etc) believe in, followed by a salesman (unless the CEO is sales led) to secure some orders, then a COO for the actual product development and manufacture, which is where I've always seen MW's skill and experience suggesting he's best suited.

stockdog
"what we need -a strategic leader and motivator that the city and large customers believe in,"

MW seems to be shaping up into this and has shown most of this already.

He arrived, realised the entire executive Directorship and senior management were not getting anywhere - sacked the lot of them, including the 'owner' and technical front man whose names were synonymous with the company's new products. A fair strategic manoeuver and strong motivation to the remaining staff!

He and his new FD went to the city on the brink of financial failure with a funding restructure scheme and new strategy and got them to believe in it to the extent of 11m. Including getting Shroders on board who have since believed in him sufficiently to increase their holdings at a higher price than before. Fair belief by one of the largest Institutions around these parts.

With that in place he now is addressing the customer point. New Sales Director appointed. The next few days, weeks or months (even today) will show how he is getting on with this.

Looking back I am impressed in what he has achieved in dealing with the set-up and situation he went into.

Still more to be done I agree, but things have moved forward in difficult areas. Maybe others could do more but where would we be by now without MW? Who would have made that phone call to the Liquidators - HW? IB? RB? TR?

PS. Please excuse the aparent sycophantic look of this post - not intended, it's just the way things have taken place.

Fair comment Tony. I' still in watching and waiting.

Tony, Are you related to MW?

Tony,

In the first year of MW's 'reign' we saw a failure to deliver on Greenseal, then a failure to deliver the Starpol (MMF's) 'imminent' deals and then a situation where SEO were 3 weeks away from going bust.

Since the EGM we've heard absoulutely nothing, and yet you say stockdog
"what we need -a strategic leader and motivator that the city and large customers believe in,'...'MW seems to be shaping up into this and has shown most of this already'
You then say 'Looking back I am impressed in what he has achieved in dealing with the set-up and situation he went into' So am I, considering he went into a Stanelco who were supposedly in the progress of converting 200-300 GS machines!


ARE you related to MW?

Seems to be some differences of opinion on Wagner at present but what I would love to know is what is it that persuaded Schroders and others to invest 10m+ in a comapny with shite management but excellent products (or so we are told). What information could they have been subjected to that us other shareholders were not at the time of funding?

Also as regards the funding why should Schroders and others be party to more information than all other shareholders? Is this surely not against stock exchange rules and if so why wasn't more information made pubicly available?

Does anyone believe Shroders would have invested so heavily if there were only 2 MMFs on the table?

How much control do you think Schroders now have on day to day Operations and commercialisation?

Any thoughts anybody?

Surely with 5.6mil buys against 18.2mil sells and the continuance of bid-offer to rise, the signal to sellers would be to 'hold'.!!!

Tony
ARE you related to MW?

We all know about the expectations we had been led to expect by what you call a shite management based on hype and ramp.
MW came along, probably equally full of hopeful expectations. Look what he found. Look what he has done to attempt to turn it around. Any suggestions as to what more he and the Board (not the shite one, but an all new one he replaced it with) can do would no doubt be welcomed. Send them to SEO via Financial Dynamics - anything of merit will be considered I am sure.

I think it unfair to hold him responsible for the past attitudes which by now we all realise were not what we (yes, including myself) expected.

No. MW is no relative, nor even a friend, of mine. Never heard of the fellow until he joined SEO and only ever seen him at SEO meetings. Maybe others could have done as well or better - but, on balance, I am now mightily glad he came otherwise where would we be now?
Down the pan with no SP - apart from all the Clever Dicks who, knowing and seeing so much, got out at 30p. As you still post here, I assume, you do not fall into that category because if you do you are watching your investments elsewhere !

Tonyrelaxes IS MW's sister-in-law!?!?

Lets hope that that settles that argument once and for all.

The oily one

Time to change your name to Tonyrelated??