Stanelco Share Discussion Threads

[dr jekyll] 12/5/2010 09:37

the_doctor,

Unfortunately, it is grax who lacks understanding of the stockmarket. Was it him who actually said he would rather lose his investment than support management here? As he has been on filter I have only seen others pasting what he has said on here but if that was true it would emphasise his emotional bias against management here. Incidentally, your last para in post 21244 sums it up nicely I thought. I at least appreciate your input here.

grax,

I have seen the_doctor posting on other threads for many months and his understanding of the stockmarket is better than most. The fact that you post incessantly on here trying to damage your own investment with your persistently negative and sometimes silly comments about Stanelco says it all. Moreover, Why you have to keep posting three or four posts consecutively I don't know. Can't you at least post your thoughts in one post? Better still, stop posting completely because you are putting off most reasonable folk from posting here. After all, why would anyone consider posting anything remotely positive here if they know that you will be attacking them before the day is out? Most people don't look for confrontation.

[grax] 12/5/2010 09:32

the_doctor - 12 May'10 - 09:30 - 21246 of 21247


wolterix
To be honest, I've not looked into SEO's outlook enough


Brilliant!!!!!!!!!!

[grax] 12/5/2010 09:31

doc'Revenue and performance was fine'!

No it wasn't otherwise they wouldn't be needing more money once again.If it was fine they would be generating sufficient revenue to cover the overheads etc

They are having to raise money because the chase for an acquisition felll apart at the 11th hour.

Your posts suggest you have 'an association' with the company yet you seem to deny any knowledge of the acquisition debacle.
Very strange - just like what the company is doing.
No matter how you try and spin this on behalf of the soon to be outgoing management, the markets and SEO's own shareholders don't buy it.That is why the share price is crashing - not because people were 'shocked' by fund raising as you try to imply.

[the_doctor] 12/5/2010 09:30

wolterix
To be honest, I've not looked into SEO's outlook enough
It may be that with this cash input, it has enough to get to breakeven
That could make the current price a good buy?
However, at present, the placing price isnt known, or the impact that placing stock will have on the share price afterwards.

Note that I was really just saying that the business has performed as expected over the last 6 months, NOT that I think that's necessarily great. Big difference.

[wolterix] 12/5/2010 09:20

so you'll be pitching in then, Doc?

[the_doctor] 12/5/2010 09:18

I could say 'dyor' grax, but I have an answer and I'm happy to help

The price crashed because either folk like you were shocked by the fund raising, or others perhaps just hoped positive news would come out first.

The RNS was fine. Why? because revenue and operating performance was fine. There were no nasty surprises there. Indeed, the business is coming along as expected. But businesses at that stage need cash. Not because they're frittering it away, but that's simply the model. The idea is that they get to sustainability and then start producing cash. Any acquisition plans were to facilitate that.

[grax] 12/5/2010 09:09

doc

I put 'you patently don't understand market guidance' because you patently don't understand market guidance!

You've completely ignored my query about the RNS and the share price crash since.

[the_doctor] 12/5/2010 09:03

Think what you want grax

You can make all the silly 'you dont understand' comments you like

'You patently don't understand market guidance etc'

really? Revenue, operating profit and cash burn were as I expected.
On that basis, I also expected a cash call
I'm not the one that was shocked, calling for the directors' heads.

You seem to struggle with the notion that even with the reasonable and in-line growth achieved, they were going to need more cash.
That doesnt mean they frittered it away - the growth suggests they're using it productively.

Your investment at the end of the day grax, not mine.
I guess you'll just carry on with silly comments such as 'shareholders shouldnt give them another penny'! Oh dear.

[barniebear] 12/5/2010 08:57

bulgarianpropertydoteudotcom

I only "Bottom Fish" when i am bored or sitting on a decent profit. I am both bored & sitting on a sizeible profit(PDL bought @ 52p)The other side of the coin is i am spending like money has gone out of fashion. Ah well must tighten my belt maby next year!

[bulgarianpropertydoteudotcom] 12/5/2010 08:47

barnie you win some loose some thats the game especially if like me you tend to bottom fish. Todays share price movement is critical we need to show a level of support or better still a small bounce. The share price has spiraled downwards since the dillution announcement and has to find a base if it continues much lower then its game over.

[grax] 12/5/2010 08:34

The share price is now 28% BELOW the point at which PM 'knew no reason' and put out an RNS to that effect.According to doc, he did know, because nothing has changed and it is all in-line with exectations.

Can't wait for the AGM/EGM to hear about shareholder value.

[porketh] 12/5/2010 08:21

Cool, my holdings are still worth 25pc of what I paid. Not a total loss then.

I hope Paul Mines enjoyed his tenure.

[the_doctor] 12/5/2010 07:30

'in-line with management expectations'

ie. there was no shock grax

'There has been no guidance [with the exception of the coverage that started in December'
well you cant exclude that?

They were in line with my expectations too
even you knew full well they had to raise funds

revenue was as most expected, so was op profit.
So why were you so shocked?

THAT is my point grax and I'm not the only one that's said you need to grow up.

I'm still waiting to hear what details you have on the 'aborted acquisition'. Cat seems to have got your tongue there??

[grax] 12/5/2010 07:23

doc
You don't seem to understand this basic problem.

There were/are no market expectations! There has been no guidance [with the exception of the coverage that started in December].

Read the words again - in-line with management expectations.What are those expectations doc?

No matter how you try and justify PM with your strange agenda you can't hold a valid argument.

What 'company guidance'? There hasn't been any doc

Are you sure you've got the right company?

[the_doctor] 12/5/2010 07:10

'What are the expectations that the performance was 'in-line' with?'

maket expectations grax - company guidance/broker forecasts
Looking at sales growth it probably was.

[thecrownsucks] 12/5/2010 06:59

Are occultists in charge of stanelco like they WERE in QXL now Tradus?

Maestro is always on the Ba'll...there is no hiding place for the ocultists

[thecrownsucks] 12/5/2010 05:42

wouldnt surprise me if they were waiting for Clegg to become deputy..we all know he's pro eco technology

[runnett] 12/5/2010 03:18

I think PM needs to pull his finger out and realise there is nothing to hide behind, the recent figures and funding statement has truly given an indication of management quality (lack of). I don't believe he is solely the fault of SEO faltering - turn over a few rocks and there are a few executives which need scrutiny imo. PM only fires the bullets, the others make lock and load.

PM can gloss, spin and pretty much use every ounce of his management technique for wrriggle room - but those days are long gone.

I'm appalled he is holding shareholders hostage to fortune by offering a 30% reduction in pay 'if' the funding is met. This should of happend at least 12 months ago, voted and agreed on grounds of sustaining a progressive cost cutting programme. Also management are buying in for 5% at discounted rate - no wonder there has been no large buying by directors!

The whole structure of the funding smacks of a government budget where they make outrageous proposals (30%, if they would vote for that lol) knowing they can't or won't deliver - roll on the AGM.

Finally, a phrase from me:

"When power corrupts, scandel erupts!"

Business as usual :)

[bulgarianpropertydoteudotcom] 11/5/2010 22:50

website still showing as on, i only got 830k shares so not that confident

[wolterix] 11/5/2010 22:50

Blunkett's dog's called Lucy btw, not stanelco

[wolterix] 11/5/2010 22:48

I dunno, I dunno - I'm not feeling as brave as y'self bulg, to take a punt just yet..

is the IMS still on for a week today, do we think?