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

One of my favorite financial saying is attributed to Peter Lynch (Fidelity Magellan Fund 1977 to 1990). "The simpler the company is the better I like it. When someone says, 'Any idiot could run this joint' that's a plus as far as I'm concerned, because sooner or later any idiot probably is going to be running it".

Strange how when I was thinking about the saying the other day, Stanelco's old management sprung to mind. If they had bought the golden goose, they would probably have killed it to eat just as it squatted down to lay.
Just how did they cock it up so badly.

Its a long time since anyone has suggested theres any kind of situation (SEOwise) that could be taken advantage of......its more likely thay've spent the dosh!

They have'nt spent all of it just yet.
I bet theres plenty for the bubbly at the next 2 xmas do's and the fire sale promo.
:-)
Shame GORDON BROWN won't bail us out for a few billion.
Bunch of MERchant Bankers.

Tried to logon PM's site as ltholder, where I've been airing my fustrations yesterday. Seems he's banned me.
whats the point of having a discussion forum when there ain't no discussion.
Good look ,still holding and hopeing.
not relying on blind faith.

How long does it take to strike a deal of any significance???

I know they had to get their house in order first but one year on and nothing of note!

waveydovey,

Try again - he hasn't removed your posts. He's answered them with a post starting

'Hi ltholder,

"SEO have had 3-5 years already"
Since when ?????????????
The company was 'reborn' in April, with new direction and new directors, bye-bye 2.1m lossmaking Adept Polymers, bye-bye not needed staff, costs cut to the minimum and preservation of cash in the bank via increased sales being the No.1 priority. '

Unfortunately,Oblomov
He may have replied to them, but I still can't logon to his site.
So i guess he obviously was a tad put out by my negative comments.
Still. I appreciate all the hard work he does re research, but the blind faith is a bit cultish.
Why don't you ask him why i've been locked out?
Then again, maybe better not.
LOL

I would ask him, wavey, but at present he doesn't know my identity on his site. He'd ban me if he did as we had a few 'falling outs' which led to him being banned from this board and FYB!

We're no fans of each other, thats for sure.

P.S.

I'll copy the whole 'exchange' here as there are some good points in it and it may open up some interesting debate. These posts, naturally, followed the usual PM1 ramping.

Let me know if you'd rather I didn't post it, wavey, and I'll take it off.


----


ltholder


Joined: 24 Aug 2006
Posts: 45



I appreciate what you're saying Paul.
However, SEO have had 3-5 years already, promises have been made and broken. There is now serious competion on the horizon. SEO have to deliver and soon. Given their previous history and incompetence, only the foolhardy would continue to plough more cash into this company. I am sitting on a very large paper loss. I am happy to sit on this loss. I am not happy to continually be told how hard they are working and seeing no end results. The LOI's have come to nothing. FROGPAK,FROGMAT etal is nowhere. S'pol can't be given away, Just where are the sales?
The management do need to get a grasp of the current situation and update the shareholders as faith alone will not support the sp. No matter who your preferred Diety is or how hard you pray or cross your fingers.


Tue Nov 20, 2007 4:22 pm

stanelco
Site Admin

Joined: 31 Mar 2006
Posts: 2901
Location: Jersey, Channel Islands


Hi ltholder,

"SEO have had 3-5 years already"
Since when ?????????????
The company was 'reborn' in April, with new direction and new directors, bye-bye 2.1m lossmaking Adept Polymers, bye-bye not needed staff, costs cut to the minimum and preservation of cash in the bank via increased sales being the No.1 priority.
A 5 year plan is certainly not shown yet in my books, I only came into SEO in late 2003, and I don't know of more than a handful that have been in SEO for 5 years or more, have you ?
I am in for 2010, by which time a goodly chunk of Stanelco's markets will have laws that support the Stanelco products, just like the new San Francisco ban on petro-plastic bags.

"Given their previous history and incompetence"
You mean the EX-Directors I presume ?

"There is now serious competion on the horizon"
Do you mean Metabolix with their factory coming online in late 2008, like about a year away ?
Or Cereplast about to build a new factory, yet they are selling less than Stanelco ?
Or Plantic with soluble plastics that are difficult to work with, and they sell less than Cereplast ?
Maybe the new factory being built in Hungary, a whopping 5,000 tonnes of PLA coming online there, in 2009 ?
Or did you not know that Stanelco are selling lots already, like maybe 7,500+ tonnes and growing ?

As for 'competition' you missed the statement from Metabolix, that demand for Bioplastics is so high that there is "room for everyone", so you see we may ALL be at full capacity soon and for many years duration, just trying to keep up with demand. According to the Bioplastics industry reports I have posted here, there is scope for Bioplastic to take a good 20,000,000 tonnes market share of the plastics market by 2012, suppose you tell me where its all going to appear from with the total nameplate capacity of all the other Bioplastics manufacturers adding up to about 300,000 tonnes ??

"SEO have to deliver and soon"
They are, they just aren't telling anyone yet.

"The LOI's have come to nothing."
A plan by the EX-Directors, not part of the new directors plans yet.

FROGPAK,FROGMAT etal is nowhere.
Frogpack last we heard was selling well ?
FrogMat machines are under development, Monosol's new factory will be finished soon

S'pol can't be given away, Just where are the sales?"
5.1m worth sold last year, nearly double what they sold the year before. Yes Sphere are taking a big chunk but SEO are selling it too. Try Biopak, Isracaps, Indaco, and the various other names I have mentioned here before.

"The management do need to get a grasp of the current situation and update the shareholders"
They already have a very good grasp, but it is not the job of the directors to change the share price just to keep us happy, sales are growing, costs are dropping, wait for the news or results and then if you still have cause to complain about the share price, you will have some up-to-date facts to base it on.

Cheers,
Paul

I particularly like PM1's 'it is not the job of the directors to change the share price just to keep us happy'.

'Us' being the shareholders, I'd have thought that was a major part of their job!

Oblomov.
The MESSIAH has spoken, heed his words and his actions.
STANELCO is the new religion and the Phrophet Masterson has spoken and caste out the unbelievers.(-sorry wavey)

Yay though I walk through the valley of landfill , I shall fear no tax on plastic bags as the son of recycling walks beside me.
:-)

Paul Masterson - the prophet with no profit!

His a paid ramper , were does he get all that info he keeps churning out ?

You may call PM1, but I for one found more uptodate info on SEO in one day on his site, than on all the other BBs I have visited in the last 3 months.

Check if the info. is accurate. I don't trust my own information or that out of the companies.

Hi Jimward,

PM1 did a huge amount of factual research into Stanelco and even allowing for any ulterior motives I do give him credit for his hard work.
His biggest problem was he gave the opinion that everything was rosy when it obviously wasn't. If you were not wearing the same rose tinted glasses, he became quite upset.
I stopped looking at any of his posts when he became abusive (I must admit to some provocation) to anyone who had a dig at his prophesies, mainly, "This will be 35 by Xmas".
He would never admit that no matter how good a product may be, if it don't sell it's worth nowt.
My own opinion is that his intentions were good, as if he had posted just to ramp and for no other reason, long before the SP level of today he would have given up and gone to new (ramping) pastures.

That sounds about right to me greekman.
If I could invest in Biotec i would have, and same with Sphere, but we cannot so i will stick with these infact i have topped up or averaged down this week, now below 2p. Can wait for upto 5 years by then age not SEO will be against me.

The problem with PM1's research is that for every 90% of fact theres 10% fiction thrown in. If you can spot that 10%, fine. The 35 isn't made up - he was adamant at one time that it would happen, and produced some fine research to support his prediction. Doesn't say much for his research really, does it?

I think PM did, on the whole, a lot of hard graft and produces some great research.
That said- OB's quite right this is interprersed with utter bollocks.
As WAVEY has found to his cost- to question his omnipotency, faith and utter belief in SEO is to be belittled and chastised as a small foolish child.
There is no half beliefs only total devotism to the one true saviour of the planet-SEO.
:-)

I

isn't it time this company just shut up shop and put you all out your misery?
i remain totally flabbergasted that so many of you find so much to write about a company that seemingly produces an unending stream of pig slurry that you all think is ambrosia