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

Hi folk: a quick post as have to collect mary from the Thai dentist (and haven't gone through over 100 posts). If anyone has teeth problems, come over here. Her health problems weree traced to mercury and she ahs had 16 mercury fillings changed plus various other dentistry for 600 pounds. Quoted 10 times that in London.

But to the important RNS from Stanelco. Nothing earth shattering. Confirms the turnkey value of Starpol with Greenseal; confirms the 200 G/s orders from ASDA; announces regulatory approval for Starpol in Europe and part way in US. Does not give any projections for Starpol; does not give any news on US progress. So it is positive but not a breakthrough RNS. May just steady the ship but not turn it round. Cautionary slap on wrist to those shorting.

So I am sticking to a realistic cap. of 150M pounds with a downside of 100M, in other words a trading range of 11p to 16p. baza's buy at 12p looks sound. sd, that wily old dog, probably read it right - straight down through the 13.75 support so we are not really at a support level right now. However, I wouldn't be a seller at this price and would be looking to get back in around 12p if I had the funds - miseruum ego! Still in post-SEO retracement doldrums. But Thailand is a marvellous place and you gain a new positive perspective on life here!

Eric

The queue for Starpol 2000 will be huge ....


From Dawnay Day Quantum today ....

Global oil consumption is expected to increase by 1.75m barrels a day next year to total 85.2m b/d, suggesting that a recent fall-off in demand is temporary, the International Energy Agency, the industrialised countries' watchdog, said on Tuesday. This coincides with supplies from countries outside OPEC falling to a six year low following a drop in North Sea output and US production, and the potential problem of supply increasingly struggling to meet demand is touched upon elsewhere in a recent FT article which estimated that global oil demand could rise by about 50 per cent by 2020.


The FT article they are reffering to ....

World Is Heading for Oil Price Shock

George Magnus
The Financial Times, 16 August 2005

The price of crude oil is not only reaching new heights in nominal terms but approaching the record real levels seen in 1979. The significance of this latest "energy shock", however, is perceived generally to be quite minor.


Consensus oil price forecasts one year forward, for example, remained at about $25 per barrel from 2000 until the end of 2004, when spot prices were already around $50 a barrel. The gap between consensus and spot prices has narrowed recently but the world still seems reluctant to buy into high oil prices for anything but the immediate future. It behoves us to ask if there might be more on the oil price menu than the normal fare of Chinese demand, temporary shortages of refining capacity and the occasional hurricane. There are three main areas that are generating new concern about the outlook for oil prices: context, supply and the effects on the world economy.


The unique context in which oil prices have reached more than $60 a barrel has important implications for geopolitics and climate change issues. Sustained high oil prices might actually help, in the long run, to reduce dependency on crude oil. But the economic issue that confronts us more immediately is energy demand, which has been growing since 2003 at about 2.5 times the rate of the prior decade. As is well known, much of this extra demand has come from China and India, which have accounted for about 35 per cent of the world's incremental increase in oil consumption even though they account for just 15 per cent of world output. The oil consumption growth rates of these two emerging market behemoths and of many other countries in the developing world will continue to expand as growth in per capita incomes and the accompanying changes in consumption patterns towards more energy-intensive products evolve. It is estimated that global oil demand could rise by about 50 per cent by 2020. So, notwithstanding some recent evidence that suggests China's oil demand is actually slowing down at the moment, the prospect over the medium term is for sustained and significant growth in demand.


The problem is that there are increasing concerns about supply. Oil is an 83m-84m barrel-a-day distribution business with realisable capacity in the short term of no more than a few hundred thousand barrels. Tight supply-demand conditions, though, are not, per se, unusual. The new concerns arise from some quite contrarian perspectives, summarised as "peak oil".


Some think the peak in global oil production could be reached some time between now and 2008, others that it will come between 2010 and 2020, but most agree it is within the next decade or so. Concern about the depletion of conventional global reserves seems to have intensified for several reasons, including technological improvements in geological data gathering and analysis, the increasingly sparse reserves discovered by new drilling, and concerns that much of the world's conventional oil, especially in the Middle East, is coming from old and over-exploited mega-fields that are becoming less productive. There is no risk that we are running out of oil but the chances of being able to match the estimated growth in demand over the medium term with a rise in production is being seriously questioned. Higher prices might not herald substantially higher (conventional) supplies.


To date, high oil prices have not really put stress on the global economy for at least three reasons. High prices reflect mostly the strength of global demand, specifically in the US and China. The developed world uses about half as much oil per unit of gross domestic product as it did in the 1970s. And recycling of oil wealth by producers is alive and well, with oil-exporting countries' imports up by 32 per cent in 2004 and by a further 22 per cent in the first quarter of 2005. Countries with big external payments surpluses have invested in global, mainly US, capital markets and thereby helped to sustain low levels of long-term interest rates.


But there is no basis for complacency. The increased expenditure arising from the doubling in oil prices to $60 over the past two years amounts to about 2.7 per cent of GDP for the US. Amongst other net oil importers, the second heaviest burden has been on Africa at 2.3 per cent of GDP, or nearly $32bn. Consider that the Group of Eight's Gleneagles debt relief programme for 18 African countries would save these nations some $1.5bn per year. For Europe, Japan, Asia and Latin America, the doubling in oil prices has cost between 1.7 per cent and 2 per cent of GDP.


The overall net impact of this change in oil prices has been offset by other factors. But what if oil prices were to remain high over the medium-term? The impact one year ahead, for example, of a permanent change (from $45 this time last year) to today's levels above $60, with all things constant, would be to cause GDP to fall by 1-2 per cent in South Korea, Taiwan, Turkey and South Africa and by up to 1per cent in China, most of Europe, Japan and the US. The effect on already stressed current account positions would be to push the US deficit up by a further 1 per cent of GDP, with lesser deterioration in Europe, Japan and China which have the advantage of running surpluses, and sizeable ones in the case of Japan and China. The overall net transfers from oil consumers to oil producers by 2007 are estimated at about $1,500bn or nearly 3.5 per cent of world GDP. This would amount to a recycling problem of increasing complexity, from both an economic and a political point of view.


It is against this background that the concept of "peak oil" becomes more worrisome. High oil prices might not simply be a cyclical phenomenon brought about by peak demand in this three-year-old global economic recovery. And nor would a cyclical decline in oil prices brought about by a US or Chinese slowdown in the next year negate the argument for structurally higher prices over the medium term. Instead, high prices might be an early indication of a supply-demand imbalance that can only be reconciled by still higher prices (recession or global slowdown notwithstanding). In that case, a more comprehensive oil shock surely awaits and that is with conventional oil production holding steady. Sooner or later, production levels will start to decline but that could be some time off. In the meantime, we may have to live with more expensive energy and keep a wary eye out for economic side-effects when the current spate of economic momentum weakens, as it must.

The writer is senior economic advisor at UBS investment bank.



Source:
The Financial Times

Do me a favour, Paul. Leave the oil stuff off. It may be great for Stanelco, but I've just bought a new car and the bugger goes through petrol like turpentine through a sick donkey!!!!LOL
Alan

Alan Hi,

It will all balance out for you in the end, petrol at 10 a gallon, but your food from ASDA will be a bargain, and your SEO stock will be 's .... LOL !

Cheers,
PM

Another good, well balanced post EWR.
For my part, I have bought at so many prices over the months that it would take Stephen Hawking to work out my average cost, but I think now is as good a time as any to top up / get in. For my money, the risk / reward ratio is now as much in our favour as it has ever been. I take my hat off to those brave souls who took a major plunge at 4-6pps, when SEO's value was arguably nil. Now we have about 10pps value from confirmed commitments from Asda, and a whole raft of possibles, maybes and potentials. The downside is probably back at the 4pps level, but the upside is now compelling.
I would not argue with anyone saying the upside may never transpire, that is true. But I would point out that if the upside were certain, then these shares have a value closer to 40-50pps. For my part, I will be happy to see 25pps by xmas, and for anyone getting in now, that would be a very good return for little risk. No super RNS would be required for this, just the odd little one confirming interest in Starpol outside of WM and Asda, FDA approval, or severel potential bidders for the filters. Not earthshattering, just good solid foundations.
Alan

Edit; When I say the downside is back at the 4pps level, I mean that the most anyone should lose is 4pps, not that it may drop back to that.

Eric
Howard White has asked me to pass on his request that, since you are evidently happy in your new home and they have got Europe and US cov ered already, you may want to represent SEO in Asia- lol!

I did not read it right, btw, I just paniced like everyone - shut my eyes and sat on my trading finger, so I'm still in annd hoping, as you say, the ship is steadied.

sd

Reasons to be cheerful .... part three :)

S.P Metals territory ....

PLASTIC BAGS BANNED BY 2010
12.10.2005. 12:09:15


In a unanimous vote on Tuesday, the French government adopted measures to eliminate all non biodegradable plastic bags by January 2010.
The decision was part of the "Clean-up France? campaign launched by the government this week.

The campaign urges householders to improve their recycling habits and increasing their awareness of the effects of household waste on the environment.

France currently uses up to 15 billion plastic bags a year.

The bags, which take 20 seconds each to make, are generally used for no more than twenty minutes, then take up to 400 years to disappear from the environment.

Manufacturers are currently working on ways to make a biodegradable bag.

However they say this will mean the bags with cost up to ten times more to make.

http://www9.sbs.com.au/theworldnews/worldwatch.php?id=122860&wwtype=4

They'll need more than a plastic bag ban to clean up Paris!

The place is a dump.

There appears to be a big seller at 13.5. Every time an order is placed on level 2 with a bid of 13.5 - it is snapped up by someone

Currently 4:2 @ 13.25 : 13.75 and 205k v 75k

Re plastic bags.Ireland banned free bags over a year ago.If you want a bag the shop has to sell it to you by law.Result everyone takes their own shopping bags with them and cleaner hedgerows!!

From its inception in 1976, SP METAL founded its reputation on marketing and selling household packaging products through mass retailers. SP METAL offers a complete range of products carrying its own brands (Alfapac, EmbalFroid, EmbalAlu, etc.) and retailers' brands.

At present, major French and European retailing chains turn to SP METAL to order products for marketing under their own brands as well as budget priced brands for all product families: refuse bags, aluminium foil, freezer bags, stretch foil, etc.

http://www.spmetal.com/old/Va/Public_p2-va.html

It's a concern that Spmetal was still loss making after almost 30 years in business!

Given the joint venture with SP Metals, if countries like France adopted the bio bags from the likes of SP Metals, then will SEO gain any revenue from a deal of this magnitude and what sort of percentage?

Kong

I worry about exclusivity agreements...who gains certainly not seo...while this one is only 30 days what will it be followed by...there is a big world out there beyond asda/wallmart...reliance on a single customer is a proven no no particularily one with a very enterprising history.

50 - in answer to Kong's question - of any profiits made by Biotec on product sold via SP Metal
s

its only a concern if you hold shares in sp metal, or believe that stanelco won't deliver the goods.... in which case, sell your shares. I'll happily buy them.

Mad Pad Hi,

The difference is that France say that all bags MUST be biodegradable, big difference between that and banning bags altogether.

I expect SP Metals will be taking full advantage of this.

Cheers,
PM

KK Hi,

Stanelco will get 50% of Biotec's profit.

Cheers,
PM

ok - who bough 499,995 shares - I could have lent you 1 for the exra 5

Baza

Baza, maybe they already had 5 .... LOL !