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

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 !

morning all. good rns yesterday, nice to see starpol getting off the ground. the 30 day exclusive period sounds similar to the original 60 day period seo gave asda for greenseal. after 30 days do asda announce a deal or more trials like they did with greenseal?
still no mention of greenseal numbers so far which is very disappointing. i would have thought yesterday would have been a good time to update the market with some numbers if only to show that things are progressing.
sp has responded positively, let's hope that it continues to do so and that this wasn't just a dcb.

Now 1:3 @ 14.25 : 14.50 and 150k v 300k

up she goes - now 4:4 @ 14.25 : 14.75 and 300k v 325k

Baza Hi,

Another tick up soon ?

Cheers,
PM