Stanelco Share Discussion Threads

[qsmelly456] 02/5/2010 15:04

Simples

Back the company or lose your investment

Ensure conditions of backing

Performance targets and DR linked to performance delivery, profit and sharevalue metrics

Sack Mines, kin useless IMHO

Keep lower level expertise but parachute in decent FD and CEO all doable in these climes for £100k plus performance

Force DD on prospect pipeline etc and request sight of results conditional for funding vote.

Appoint 4 PI reps and make quarterly update meeting conditional of funding

Ask for skills and expertise summary from significant PI holders and see where free added value can be leveraged from that skills bank.

Conslidate shares at least 1 4 10

ABOVE ALL use the thread to get in contact, emails, get organised and prepared, it's your company and you appoint the management so get control! LOLsss

[boldtrader] 02/5/2010 08:34

Morning Tony,my view is maybe alittle simplisticit,all depends on personal investment and losses incurred.the products,we are lead to believe will be groundbreaking but I do agree the management could be doing much better,could it be they want rid of the many PI's they have aquired over the years.(conspiry theories!)OT sat in sunnier climes right now eating breakfast,regards.
wolt understand your thinking,my funds depleted also!regards.

[thecrownsucks] 01/5/2010 20:40

IF YOU VOTE X YOU ARE VOTING FOR SATURN... X=6 THE NUMBER OF SATURN

[wolterix] 01/5/2010 12:19

anyone been reading the SYM thread re 'renumeration'...?

yes, Boldtrader - my money's out for the minute - doesn't help them of course, and in effect I'm passing the buck in terms of picking up the latest 'passing the plate round', but I can't help that, and I don't have the funds to help them out anyways...

I do hope they get thru' this, maybe they take it on the chin that maybe you have to be generating income before lofty thoughts of acquisitions etc... and get on with clinching some juicy deals.. and then we're back on track and I'm re-invested..

[7575jon] 01/5/2010 12:12

good post bt and very true.

[tonyrelaxes] 01/5/2010 12:05

Generally I agree with you Boldtrader.

But in going with our investment in SEO does not mean acceptance that the Directors, appointed by us to act on our behalf, still have our confidence.

With successive placings over the years our voices are diminished. But after looking at my losses, and still believing in the products etc, I think a change is needed.

[boldtrader] 01/5/2010 09:14

Seems to me we have to go with this funding or the chances of loosing our investment in seo is a strong possibility. Biodegradable plastis are going to happen(are happening). The amount of waste petro plastic floating around the world in our waters is horrifying,massive Co's around the world know this.This is no longer pie in the sky dreamworld technology,it's going to happen.
If we dont back SEO now in what they claim to be the final hurdle before we get to market SEO may disappear,but one thing is for certain some Company somewhere will pick up all the patents and groundbreaking tech for a song and go onto big financial rewards.
Been here many years now expected to be richer long ago with this one,just have to be alittle patient alittle longer
Alot of deramping on this bb since the results,all i can say is if you dont believe,sell,simple as that,put it down to a bad investment,move on, life is great,your health is your wealth.Regards to the posters I have befriended over the years.God luck to all. Cheers.

[bulgarianpropertydoteudotcom] 30/4/2010 16:19

correct that you can buy at 0.27p now might close even lower

[wolterix] 30/4/2010 16:18

daffy question - but selling shares removes capital from the company?

[bulgarianpropertydoteudotcom] 30/4/2010 16:15

DOWN seo goes again my guess close at 0.27p

[brando69] 30/4/2010 15:01

230 POSTS WTF?

[wolterix] 30/4/2010 14:38

not that it's of any use to SEO natch..


Chinese potato starch firm ups production

By staff reporter, 30-Apr-2010

Chinese potato starch producer China Essence is ramping up capacity with the construction of two new facilities, expected to be completed this autumn.
The company, which was established in 2001 and listed in Singapore in 2006, specialises in starch and starch-based products like vermicelli and noodles, as well as potato protein and fibre. Its flagship product is a 5-grain noodle which is said to be smoother, stronger and more elastic than traditional noodles, a mainstay of the Chinese diet.

As well as the food sector, it produces some 18,000 tonnes of modified starch a year which is used by the textiles, paper, adhesive, oil, mining, pharmaceutical and personal care industries.

Northeast China and Inner Mongolia, where it has its facilities, are prime potato-growing regions. The two new facilities are being built in Nenjiang in Heilingjiang, and in Zhalantun, Inner Mongolia, and will have a combined capacity of 80,000 tonnes a year.

The news, announced today in an update of business operations, comes on the back of a scheme announced in 2008 to double potato protein production to 160,000 tonnes a year. Potato fibre production is also increasing to 160,000 tonnes a year.

In January, China Essence made it onto the Forbes list of China's fastest-growing companies. It achieved 25th place out of 200. Since 2004 it has boasted ISO-certification.

The company reported its Q3 financial results in February: Revenue was RMB314.0m, representing an 11 per cent decline on the prior year period but a 39.5 per cent quarter-on-quarter increase.

[wolterix] 30/4/2010 14:10

hmm, bit wrong about 30% pay cut not having an effect..

PM's take home pay salary wise would go down from £7.6k p/m to £5.6k p/m

the poor love...

[gnatschuff] 30/4/2010 14:08

Interesting employee mix.

All about management managing administrators ?


Management 11
Administration 11
Sales 4
Manufacturing and engineering 21


Surely if they worked fridays, did their own admin and realised in a recession employees are up for grafting harder for less ?

Management 5
Administration 5
Sales 5
Manufacturing and engineering 21

voila. 700k recurring administrative costs chopped !

[gnatschuff] 30/4/2010 13:51

calm down. they got the bonus for ensuring company performance was in line with their expectations!

on that front they are united and have consistently delivered and been rewarded with annual cash bonus and option grants accordingly.

two heads on a platter ?

remind me. who sits on the remnumeration committee?

[heeley3] 30/4/2010 13:32

My pork sandwich has just spluttered all over the keyboard over this revelation.

What sort of corporate governance approves this sort of thing??

Sirmark - comment please.........

[qsmelly456] 30/4/2010 13:19

DR Jekyl is clearly a "connected party" and consequently will always try to paint a less than honest picture.

Un believable and disgraceful!!!!

Heads MUST ROLL and NOW.......

Name Salary bonus car benefits Total

Paul R Mines £150,000 £38,250 £9,600 £1,341 £199,191

Susan J Bygrave £145,798 £37,613 £ 9,600 £490 £193,501

[wolterix] 30/4/2010 12:38

yep

thing is, what with the 50% tax increase for top rate earners, it's not much of a hit.....

Ms Bygraves has been awarded loads of share options, without er putting her hand in her pocket? nice work...?

[maple_leaf] 30/4/2010 12:38

Bygrave must be his bit on the side, there's no other reason to justify £208k a year.