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

I'm still concerned that any RNS (if one comes, and I aint so sure) and the rumour mill of the conference, will be overtaken by technical selling on the back of the imminent dead cross. Many people trade on these technicalities and it makes what to do now an even tougher choice. I will keep my holding, and am tempted to top up on the chance of an announcement, but I am worried that a sell out will make topping up late next week a better option.
Thoughts anyone?
Alan

jcrawford
I agree that qc's ban was a bit harsh, as it looks to me that qc posted quite innocently like my self on the research page, I posted RHPS recommendation some months ago thinking it was OK because I took it from another B/B and it was now in the public domain, its a hard one to argue is the Teather & Greenwood note now in the public domain after all it is free to down load from the SEO Web Site.
A warning for qc would have been a OK imo.

FROM TODAYS FT

France votes for ban on non-biodegradable bags

By Fiona Harvey in London
Published: October 14 2005 03:00 | Last updated: October 14 2005 03:00

Plastic bags could soon be passin France, following a vote by the national assembly to ban the use of non-biodegradable plastics in bags and packaging by 2010.

The bags have already become a rarer sight in the country, as a government initiative to reduce their use prompted a 20 per cent reduction in the number distributed in 2004.

France is following the example set by countries such as Ireland, which imposed a 15 cent (10p) levy on the bags in 2002, as well as South Africa, Rwanda and some Indian states, which have banned certain forms of bags.

In all these places, the number of bags used and found as litter dropped markedly.

Though plastic bags are routinely given out by supermarkets and shops, they do not naturally break down in the environment and can stay intact in landfill for an estimated 400 years. They also pose a threat to marine life and birds, which may choke on the bags or become trapped or entangled in them.

In the UK alone, shoppers use about 8bn plastic bags a year, the vast majority of which end up in landfill.

Forms of plastic bag that do break down in the environment have been available for years, but are not widely used because they are more expensive than conventional bags. However, the rising price of oil has made most forms of plastic dearer.

Howard White, managing director of Stanelco, which makes a biodegradable form of bag, said: "This is a way of being responsible to the environment while also saving millions of barrels of oil, and now is the time for action. Only legislation can make this happen."

In France, the ban has an extra dimension. The national assembly voted through the ban earlier this week as part of a series of measures on agriculture.

One green alternative to plastic made from petrochemicals is to make the bags from starch, which French legislators believe could provide a boost to the farming sector.

More countries may institute controls on plastic bags in the near future. In Germany, some legislators have been considering such a move, while a levy on the bags has been mooted by the Scottish National Executive.

Received this from PM yuesterday at 9.20pm:

Brandname Hi,

Is MAM working, I can't get into BB's, no sign of being banned, can't think why I would be either ????

Cheers,
Paul

someuwin
Nice find I didn't know SEO made biodegradable bags I thought that was sp metal our other half?

Does harmony mean sheep to the slaughter?

Alan

My hunch is to hold fire .A lot of people are expecting news to be released next week.
What will happen if none is released?
IMO the show will further consolidate Stanelcos presence in the minds of potential purchasers.

Has anyone read the Teather & Greenwood report.

I thought it was a good report erring sensibly on the side of caution re uptake of machines & downplaying Walmart & Starpol potential.
However I was surprised that no mention was made of the Bioprogress Court case.Is this a good sign?
Also good to see that they have 4 million cash at year end.


Someuwin - good find - lets hope the UK & other EU countries follow suit.

Next week could be a good time to top up for the long term after the dust settles.

HEWITTALAN6.
re your last. I suspect an rns will follow Tues. I agree with you, I'm holding off buying until late next week. I suspect a lot of peeps will take a small profit over a serious potenial investment.
hopefully a small drop in sp will favour the brave.
We could always just dump carrier bags all over the city and then push for a green alternative.....environmental capitalism......i like it.

Agree totally with cantlose. I prefer to see what next week actually brings and then make a decision. Has sp recovered based on this weeks RNS or is it in anticipation of something next week? An announcement with Walmart before full approval of FDA? This weeks RNS offers encouragement that 200 machines will happen with a rapid scale-up next year but is has to happen as the sp is only justified by that happening followed by further expansion. I'd also like to see some profit projections for Starpol, there are a lot of packaging companies doing big volume with retailers and being busy-fools, lots of volume, minimal profits.
I like the idea if Walmart want large volume that SEO licence the IP.
Long-term this remains a fantastic company, next week we will see how the market has really reacted to this weeks very promising reports.
I still have the chance for back in below 20p so I'll wait and see.

News showing on Reuters out of Orlando about Stanelco and France's announcement.

Stanelco's starch-based packaging approved in EU

By Ahmed ElAmin
14/10/2005 - The use of polylactic acid (PLA), a natural, biodegradable food packaging alternative, took another step forward this week, as UK-based Stanelco said its application has been approved for use throughout the EU and the US.

Many analysts believe that biodegradable packaging has a bright future. Growing environmental awareness and consumer power coupled with the inexorable rise in pre-packaged disposable meals means that food manufacturers and packagers are increasingly being targeted to improve their environmental performances

continues:

http://www.foodproductiondaily.com/news/ng.asp?n=63214-stanleco-pla-biodegradable

I was asked to post this here by a poster on advfn, if anyone has any thoughts i'll let him know.

Hambi - 14 Oct'05 - 13:37 - 52842 of 52844


Hi. I'm an bprg investor but have a couple of questions of mutual interest. before people say anything, i don't subcribe to or agree with the petty rivalry between the two companies (as a couple of seo investors who ventured on the bprg thread can probably confirm).

anyway, i would like both companies to make success of their respective business. there is discussion of the court case (cc) on the bprg thread and i wondered whether it is discussed here. for me i think there is merit for both companies in a deal to resolve the case. for seo it would remove uncertainty, deal with a potential liability and would allow them to focus on there core activities including greenseal, frogpack, etc.

could people say what the view of ingel and the cardinal deal is? is anything happening? is it dead? is it on hold? does ingel really form part of seo's business now?

i am not trying to be antagonistic. bprg has had a major strategic review and the management are now focused on what is strategic important for revenue, growth and what is most important for the business. it seems to me that seo has huge potential in its technologies such as greenseal and that Ingel isn't now in the price and could be more of a diversion than an asset. is that you view or do you disagree? if seo and bprg settled the cc with the three patents going to bprg and ingel effectively closing but with reduced damages paid would this actually be a benefit to seo?

i have no reason to think that a deal can or will be done but i am very interested in the opinions of seo investors and also whether anybody talks to seo's management about these issues?

Gave what answer i could on ADVFN.

For what its worth, and from a business point of view, I am of the opinion that any court case is a gamble for both sides, and the longer it drags on and the more questionable the points of law and value of the patents become, the more likely it is that either or both parties will take a pragmatic view, and the whole thing will disappear without a trace, or be resolved amicably, with neither side losing too much and the lawyers booking more exotic holidays!!
Don't know if this is what you were referring to, but it is a tried and trusted method among businesses to start with litigation and end with mediation. Call it the equivalent of a trial of strength or a staring game, where no-one wants to blink but eventually become bored and their eyes start to hurt.
Not overly concerned about the legal wranglings.
Alan

Alan - best make sure you're not dumping Asda bags across the city!

With regard to next week, I'm not sure we are expecting concrete news. We may get a better idea on strategy and corporate responsibility going forward.

I only live 2 miles from Asda HQ. Now that place really does need recycling. What a dump!!!
Alan

I have always said that SEO should buy out bprg then that would be an end to it.

driver

A quid per share and they can buy my shares!

Al's house just up the road from Asda HQ

sham
May be a merge then, I wouldn't want to see you get too much out of it.