Stanelco Share Discussion Threads

[vaneric] 01/7/2010 09:36

Well Jarvis I've been holding for a very long time, it would only take a small advance in the share price for me to be into a sizeable profit, I did in fact take a hefty profit from these way back around the time of the Bioprogress patent fiasco. v.

[jarvis4] 01/7/2010 09:30

Oh yes, a terrific opportunity......unless of course you have been holding for a number of years in which event you've been right royally shafted.

[sirmark] 01/7/2010 09:05

Stanelco (LON:SEO) (SEO 0.12p/ £7.06m)

Last week Stanelco issued a trading update to the market and most pleasingly, both the RF Technologies and the Bioplastics divisions are experiencing sales growth ahead of market expectations.

The Company expects to see continuing opportunities in the Biome Bioplastics division, with this area really driving growth in the future. The trials with a major American supplier to the food processing market have now been successfully completed and are currently moving to a commercial scale-up phase.

It is encouraging to see the Company making progress, and now that it is fully funded post the recent placing (raised £2.8m net) we see further growth coming through more quickly.

It is also testament to the management's belief in the business that the Chief Executive, Paul Mines, and the Finance Director, Sue Bygrave, both waived their 2009 bonus payments. We applaud management teams making such sacrifices, and this demonstrates the commitment of both to driving the growth in the business.

The share price is still around the level that institutional investors recently bought stock at and we think this presents a fantastic opportunity to buy into this attractive bioplastics business.



SirM

[lwaxf13] 30/6/2010 20:32

Same old crock. Business as usual. No news and I would not bank on any :-) This is SEO afterall. The cash will run out on salaries and bonuses.

[barf2] 30/6/2010 14:34

Yet none of those ISA sellers feels an itch to buy them back outside the ISA.

Yet another poor decision that is costing shareholders dear.

They could have done a dual listing [it would have cost a lot less than the saving they made on the directors bonuses]in which people could have maintained their ISA's but they chose not to.Quite happy to cut the smaller PI's adrift.Trouble is the bigger PI's will be small PI's soon based on all known history of this board.

Ain't no-one queuing up to pick up the stock even at these historic low levels.No wonder the FD didn't want to touch it.

[sirmark] 30/6/2010 11:11

I agree about it beeing a buying opp...just a case of timming...ISA sellers in control at the momment

SirM

IMO Wait a week

[barf2] 30/6/2010 10:15

Because everyone expected them to be releasing positive news by now.Got the fund raiser out of the way and then..........nothing.Just more of the same SEO.

Anyone in an ISA has got to get out so there will be more selling for the next 10 days or so.

SP at historic lows.Even taking the fund raiser into account the share price is the equivalent of .19 even after they've put their gloss on it for the AGM.

People don't believe them.What happened to the substantive product launch nearly a year ago? obviously wasn't substantive yet after years of silence those were the words they used and its turned out to be a crock!

[morgannn] 30/6/2010 10:15

People selling ISA holdings and not buying back maybe?Got to be a buying opportunity soon me thinks.

[dutch2] 30/6/2010 09:52

sirmark - with all these positive signs in the last couple of weeks, why is the share price ging backwards ? you can buy less than the share placing price now ? even at +T20 trade should be at least 10 / 15% up, by now ?
why not ?

[sirmark] 30/6/2010 09:50

I like yourself am really impressed with Paul Law.... he seems pretty much on the money when it comes to development and innovation

[boldtrader] 29/6/2010 11:58

That in itself is great news, they imtimated at the AGM this may happen,I believe with the buying of shares, the 30% reduction in salary and no bonus for 2009 proves 100% committment that the directors and management have the future of SEO foremost. Paul Laws our MD appeared to be well fired up on the future prospects of the Company also. Cheers.

[sirmark] 29/6/2010 09:47

29th June 2010
Statement re Directors Bonuses
The Remuneration Committee has been informed by Paul Mines, CEO and Sue Bygrave, Finance Director that they wished to waiver their bonuses for 2009.
This follows the recent announcement that in support of Stanelco's growth strategy, the Directors will reduce their remuneration packages by approximately 30 per cent.
John Standen, Chairman of Stanelco said:
"Paul and Sue informed us that they wished to not be awarded bonuses this year. The Remuneration Committee support this decision and are grateful for Paul and Sue's efforts on driving the growth of the business."

[wolterix] 28/6/2010 22:20

let no man say you're not a stayer, maestro

[lwaxf13] 28/6/2010 21:20

Share price looking very strong here. I think the mega deal with a global brand leader making plastic knives and forks (not spoons as they might disolve in your soup) etc this will sky rocket to .12p on the bid :-) Seriously though if they could make biodegradable knives out of potatoes and cardboard .... think how much safer our streets would be. If someone pulled one on you the worst thats going to happen is you get a paper cut. If it rains, even better, knife disolves!! You may mock my ideas but they are as good as anything that the highly paid boys and girls at SEO have come up with. Enjoy. It's nearly over .......

[2pearly] 28/6/2010 09:53

......and there goes the .12
Now .11

Lots more PI ISA sells to go before the AIM listing and sweet FA cming from the company.

Same old SEO [change of name won't change the company]

[2pearly] 28/6/2010 09:44

Don't hold your breath.

I'd imagine all pressure is off now at Marchwood and holidays etc will now be taken.

Not even any webiste updates after they said they would.What happened to the 'successfully complted trials' they referred to in the AGM trading statement? Has the potential customer said 'thanks,but we'll give you a ring if we want to take things further'?

Back where we've always been but with our investments halved again etc

[sirmark] 28/6/2010 09:22

Well things have certainly died here...

News required to put BIOM back on peoples radar.. !!!


SirM

[jarvis4] 25/6/2010 15:29

Thank you.

[jarvis4] 25/6/2010 13:19

and what were the replies to " you arrogant, grasping and incapable bunch of winkers, how DARE you burn through millions, give no projections, award yourselves bonuses for thoroughly p*ss poor financial performance and now hold out the begging bowl for further reward. What part of increase shareholder reward do you not understand FFS??"

[deanroberthunt] 25/6/2010 11:20

what like "Is this actually a viable business or just a begging bowl excercise"...........no need to answer

[2pearly] 25/6/2010 10:24

Likewise at the EGM.Without the quietly confident bit.