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

Where can we find out about Chaco?Is there an active BB?

predateur

Posting about 9.20 this morning.

Possible RNS this wek

Predateur

Chaco ,Sunday Telegraph business page 9.

Hi Pred
There's a possible RNS every week or even wek!
;-)

Stanelco plc ('Stanelco' or the 'Company')


Completion of Acquisition of Biotec Holdings GmbH and Joint Venture with SP
Metal S.A.


Stanelco, the RF (radio frequency) applications group, is pleased to announce
that the acquisition of Biotec Holdings GmbH and subsidiaries ('Biotec') from E.
Khashoggi Industries LLC ('EKI') has now been completed. Following the
acquisition, the Company has now completed the sale of a 50% stake in Biotec to
SP Metal S.A. ('SP Metal'), thereby creating a joint venture (the 'JV'). SP
Metal is the leading European manufacturer of household packaging products.
Details of the JV were included in the initial announcement made on 5th July
2005.


Further to the conditions of the JV set out in the initial announcement,
Stanelco and SP Metal have both agreed that in the event of: (1) one of the
parties defaulting on the payment of one or both of the deferred consideration
payments, the other party will have an option to acquire the proportion of the
other party's interest corresponding to that unpaid consideration; and (2)
certain triggering events, which include insolvency, the party subject to the
triggering event will redeem its shares, if required, for a pre-determined
consideration.


Except as disclosed above, no other significant change has been made to the
conditions of the JV, as set out in the initial announcement.


Ian Balchin, CEO of Stanelco said:


'We are delighted to formalise this joint venture with SP Metal. Our two
organisations have complementary strengths and work in complementary markets and
we believe our JV will provide greater opportunities for Biotec and a greater
return for shareholders. Our common goal is to commercialise Biotec's wealth of
intellectual property that primarily relates to starch based biodegradable
plastics. We will also benefit from SP Metal's considerable manufacturing
experience and scale. We look forward to working with SP Metal to derive
additional benefits from economies of scale at Biotec and to take advantage of
high oil prices to replace petroleum based plastics with our more sustainable
products.'


John Persenda, Chairman and CEO of SP Metal said:


'Now that this joint venture has been completed, we are really thrilled to be
working closely with Biotec and Stanelco to rapidly deliver a wide range of
biodegradable plastic products to the market place. We remain firmly committed
to increasing the use of natural renewable raw materials in providing
ecologically sound product solutions.'


- Ends -

morning.

Obviously now its official, SEO were required to put out todays RNS. I wonder how long it will be before the usual posts stating such comments as.....Why are SEO putting out such none event rubbish....Just because SEO have nothing re the conversion update they put out the usual ramp ect.....
Just thought I would get in first....

Morning all

I thought that the following post from another board was balanced, thought provoking and educational to the slightly lesser experienced investors here.

I am sure lots will be driven to respond to this post but I feel it my duty to place a post on here which is slagging no-one off and providing a little info on a small company I know called Stanelco. Something tells me this is the right place to post this.....

Just doing my Sunday night research on my portfolio and despite some people advising to sell (no matter how many times we HAVE BEEN WARNED! :-)), I wanted to ask everyone to look at the charts.

IMHO (and I have said this before) we are in a sideways trend, I said this a few weeks ago and the longer we go on the more the charts are telling me I am correct.

Look at the peak at 29p and then look at the downward retracement, this retracement clearly stopped when it hit 18p on 21/07. This is the first sign of support. The price then rose swiftly to 22p by the 29/07 this is our resistance. - Dont believe me? - Read On...

We hit 22p again on 08/08 (Resistance) steadily dropping to 18p (support) on the 24/08. Our highest peak since then is 21p (still below resistance level) on 31/08.

So 18p is our psycological support level (not the 14p which some are touting) and 22p is the resistance level, this gives us a 4p trading range (20%), which in anybodys book is a good return. Trading longs and shorts (if you get it right) its a 40% cycle.

Now tell me, where is the sense in holding a short position for 14p if you are "trading" this share. It makes as much sense as holding a long positoin for 30p if you are "trading".

Notice I am distiguishing trading from investing, this is so I do not offend the investors on this board who are happy to ride the peaks and troughs for what they see as a long term gain.

Now for my prediction (which will no doubt be raked back up in 2 months when I am wrong!)....

If we hit 18p again and bounce back from it (without breaking below) then we will have seen what is called a "tripple bottom. This has nothing to do with J LO but is a stronger buy signal in TA terms than a "Head and Shoulders" which many will be quoting at you. This means we should see the share start an upward trend. Taking that theory further the resistance should fall easily meaning the next resitance level would be 29p.

Downside....
If the stock falls below 18p, then there is NO obvious support until the old 2 - 4p range! - Still no sign of a 14p support in my book. - In otherwords its up to the markets where the bottom is formed.

The chart covering the last six months should be in here, but for some reason it will not "paste". But there a chart at the top of this page so it won't be too much of a chore to scroll up and see what "Markbhai" is referring to.

I hope this has been informative, useful and unoffensive.

I welcome any comments from anyone (including Ollie) so long as the insults stay off the page!

All in my opinion only.

Markbhai.

Hopefully it will help to put things into perspective for the more nervous investors on this board who are sometimes troubled by the negative posts, of which some to be fair, are reasonably well argued.

This was followed up by a comment that the two "bounces" from 18p were before expected of pre-notified announcements/meetings and so had little to do with a real bounce in purely technical terms.

Any comments?

The oily one

well either the market likes the confirmation rns or something is brewing ......

bos
Don't be stupid you are obviously uninformed its all to do with the stars sorry charts.

we should it 25p. in the next twoweeks

Oily re Markbhai

There is actually a 14p support level if you look back at Feb and April, albeit not enormously substantial. I thnk it would come into play if we got below 18p, 'cos 4p really does not make sense anymore.

However, more to the point, I do not think we are heading back to another bounce off the 18p support. I think more likely we will continue to struggle off that double-bottom, eventually up through the 22p resistance above which the share should run back up to 26p. If we don't breach the 22p resistance, we will trade sideways within the 18-22p range until some decisive news and thus, inevitably by virtue of proximity alone, be that much more at risk of breaking the 18p support.

Breach of 18p support would be a strong sell signal for many, including probably me. Breach of 22p support would confirm what most on this thread have faith in. Until either of these events, in the words of Bosley, boring (unless traylids and bio-plastic hold particular interest for you!). But don't forget, boring is usually good for investing .

sd

sd

driver, i take it you're not a chartist , then? i thought it was a good post from oily , the only thing really wrong is that the last significant trading range for seo was 4p-6p and not 2p-4p.

Bos
Not really a chartist the chart is only reflecting the movement in the sp, the sp moves on news, results or the lack of it. Flags triangles its all-coincidental, going through the 18p or 22p is not the chart but the sp, the chart comes after that move it does not predict it.

driver - charting is based upon empirical experience - you're quite right the SP creates the chart, but charts do sometimes demonstrate patterns that suggest historical behaviour will be repeated by the SP. Then there is the whole question of crowd behaviour which tends to enhance incipient behaviour patterns until they have gone too far, when they reverse. Charting, like all of science, is not true, merely a projection of predictably repeatable behaviour patterns.

Since there is nothing fundamental to say about SEO (all having been well said) I find it interesting to see whether chart analysis can tell us what might happen next short-mid term.

You will have the last laugh since 90% of traders, most of whom are slaves to the charts, I am told lose money!

sd

sd
I always have the last laugh even if I lose money, life is to short.

the last laugh is defined as you laughing whilst all around you are crying - then you find out why! llol (sic)

sd

Oilywag
Heres your chart you couldn't paste.

there's some nice paint drying over there............

Bos Hi,

No getting over emultional now :))))

Cheers,
PM