bosley
- 20 Feb 2004 09:34
bhunt1910
- 18 Oct 2005 11:18
- 11778 of 27111
Cazash - no problem - I was asking the same question not so very lomg ago
2:4 at 17.5 : 18 and 200k to 400k
Yes you are correct - figures lifted from Level 2 shows that:
2:4 shows that there are currently 2 MM's or individuals who have Direct Market Access(DMA) on SETS willing to buy your shares at 17.5p (the bid price)and they have an order book of 200,000 shares to fill. Similarly there are 4 other MM's and PI's with DMA who are willing to sell you 400,000 shares at 17.5 (the offer price).
This does not show the entire order book as MM's are obliged to make a book. So although you may think that there are only 400,000 shares available for sale - it is often more.
However - this is a very good indicator normally of which way the market is moving.
If it id 6:1 - it is indicative thet the offer price is likely to rise.
Hope that helps a bit
Baza
IanT(MoneyAM)
- 18 Oct 2005 11:43
- 11779 of 27111
As you are all seem to be interested in Level 2 if you would like a free trial for a week, so that you can see for yourselves what is happening on SEO, please e mail me ian@moneyam.com and I will sort this out for you,
Ian
OFFER NOW CLOSED
Nealo
- 18 Oct 2005 11:45
- 11780 of 27111
Good Morning All - I see this thread has returned to its old self. I have just trawled through 2500 postings of mostly dross. A pleasure to read Erics summation and to read that he is enjoying himself in Thailand.
Good day to all of the other regulars, Bos, Andy, Driver and to a few newbies.
Just wanted to say that I have used the recent weakness to top up a little - I now have over 2.5 million shares in this company. I dont mean to say that in a big headed way or to put any one down - merely as a statement to show how much I believe in this company and am willing to back this management team - which seems to be doing a competent job of moving the company forward in a structured way.
I too think that StarPol will start to come to the forefront as its potential is recognised - although I am not expecting any ground breaking announcements from Philadelphia.
30p by Xmas? - maybe - but I would not bank on it - I think this will slowly grow over the next 12 - 18 months - but I really could not hazard a guess at where it will stop.
Good Luck to all - even the traders - Regards to Eric and Bos.
We all have different philosophies - its what makes the world go round.
Good day all
Nealo
bhunt1910
- 18 Oct 2005 11:49
- 11781 of 27111
Ian - does that include me - for doing all the advertising !!!!!
baza
Tonyrelaxes
- 18 Oct 2005 12:00
- 11782 of 27111
Ian
I would like a rain check on that please - am going travelling for a week or so but would love to follow it as a trial when I return. I will E-mail you then. Thanks.
Tony P
Dormar
- 18 Oct 2005 12:04
- 11783 of 27111
Unless I misunderstand, the potential market for Starpol is limited to those applications that Natureworks own biodegradable non-petro plastic ( PLA ) cannot be used in. PLA cannot be microwaved, but Starpol, which consists of PLA and certain other ( secret ) ingredients, can be. hence it's potential use with Greenseal.
Starpol could of course be used in other applications in competition with PLA, but PLA will always ( surely! ) be cheaper than Starpol.
Would welcome others thoughts.
D
bhunt1910
- 18 Oct 2005 12:07
- 11784 of 27111
1:4 @ 17.75: 18 and 100k : 400k
bosley
- 18 Oct 2005 12:13
- 11785 of 27111
dormar, i think you have brought back up an interesting point , in that, the supply agreement with natureworks rns is still unclear to me. are seo (starpol) supplying natureworks or the other way round? i got the impression that nw are supplying the pla for starpol in a way that helps reduce the cost of making starpol, bringing it closer to the cost of plastic. are seo then supplying nw with starpol as a finished product?
Dormar
- 18 Oct 2005 12:39
- 11786 of 27111
Hi Bos,
Yes, the Natureworks RNS was unclear, but I'm as sure as I can be that it relates to the supply of NW's Polylactic Acid ( PLA ) to SEO for use in the manufacture of
Starpol. PLA is a biodegradeable plastic in it's own right and is used in sandwich holders and salad containers already. I think they also supply it to Coca Cola, as well as many others ( Walmart? ).
What I don't know, is whether Biotec have always obtained their PLA for the manufacture of Starpol from NW, or whether the recent NW supply agreement was merely the re-negotiation of an existing arrangement. The T&G report certainly refers to re-negotiations that have brought down the cost of Starpol, so maybe that is the case.
As for whether SEO are supplying NW with Starpol in return, I would guess not. I can't see what the benefit of that would be to Stanelco. If Starpol and PLA are aimed at different but complimentary markets, than Stanelco would surley want to supply their market direct.
hewittalan6
- 18 Oct 2005 12:54
- 11787 of 27111
Hi all,
Gotta go to the dentist now (again). Look after it for me while I'm out!!LOL
Alan
bosley
- 18 Oct 2005 12:59
- 11788 of 27111
dormar, here is the rns in full.
Stanelco PLC
30 August 2005
30 August 2005
Stanelco PLC ('Stanelco' or 'the Company')
Supply Agreement with NatureWorks LLC
Stanelco, the radio frequency (RF) applications Group, is pleased to announce
that it has entered into a supply agreement with NatureWorks LLC, a wholly owned
subsidiary of Cargill Inc. The agreement covers the supply of NatureWorks PLA,
(Polylactide, a starch derivative), which is the largest component of Stanelco's
recently announced Starpol 2000TM range of biodegradable, compostable plastic
materials.
This relationship will materially assist commercialisation of Starpol 2000TM
into Stanelco's target application segments and it is planned that a minimum of
15,000 tonnes of Starpol 2000TM will be produced and sold within the next 12
months.
Starpol 2000TM is available in a range of blends that can be formed into sheet
material for products such as short shelf-life food trays, modified atmosphere
packaging (MAP) trays and blown films for a diverse range of products including
carrier bags, compost bags, waste bags and agricultural films
Howard White, president of Stanelco Inc and Stanelco PLC group managing director
said:
'This is a landmark agreement that further demonstrates the materials created by
Biotec are both ground breaking and commercial.. We have been actively carrying
out pre-production runs of the material with a number of major corporations in
both the Europe and North America. Starpol 2000TM has demonstrated a
functionality far beyond any other current biodegradable alternative and at an
overall cost that is competitive with the existing plastics used in our target
market, namely food packaging. We are also in trials with our partners for
several variations of the material to be used for a number of applications such
as shopping bags, waste bags and a variety of general packaging usages.
Just as importantly, the material is also easily sealable with our GREENSEALTM
technology project which continues, to progress well and which will enable us to
offer a complete biodegradable, environmentally responsible packaging solution
at a competitive cost'
Snehal Desai, NatureWorks LLC Commercial Vice President said:
'We are delighted with the diversity, functionality and competitiveness of the
Starpol 2000TM range of products and believe the marketplace will welcome this
broad extension of offerings of NatureWorks PLA based materials.'
-------------------------------------------------------------------------------
it seems quite clear and very encouraging all the way through until you get to the last paragraph. it's the quote from nw that causes the confusion for me.
bosley
- 18 Oct 2005 13:18
- 11789 of 27111
ian t, cheers.
stockdog
- 18 Oct 2005 14:00
- 11790 of 27111
Eric - I'm not so sure. All that time when PM1 was filling our lives with google-fodder, you claimed to be in Thailand (with jus the occasional post to keep you alive in our minds). Now PM1 is gone there suddenly seems a whole lot more coming from you.
I guess you though that your PM1 persona had achieved enough by ramping the SP down to 12p just so Baza (happy birthday to you!) could top up at a decent price. Now that there is no more work to be done, you've come back in your old form to claim the victory as it rises up to 30p-by-Xmas.
Makes you wonder doesn't it!
sd
markusantonius
- 18 Oct 2005 14:05
- 11791 of 27111
Hey, Stockdawg. I can vouch for Uncle Eric... I fine statesman of age-defying stamina, I have had the pleasure of his comapany on the M-AM Golf Day in June. There is only one Eric! Must admit though - his tips are costing me a small fortune, at the moment. Sorry, eric! :o(
bhunt1910
- 18 Oct 2005 14:05
- 11792 of 27111
Eric is PM in disguise !!!!
markusantonius
- 18 Oct 2005 14:07
- 11793 of 27111
I don't think so, guys (and no, yours truly is defo not PM1, before you ask!).
Dormar
- 18 Oct 2005 14:09
- 11794 of 27111
Bos
I see what you mean.
To make any sense of what precedes the last paragraph, I supppose you have to take it to mean that NW are delighted that Stanelco are putting their PLA to such good use, and that they are pleased that it adds to the general end uses of NW's PLA based materials ( that aren't necessarily all supplied by NW themselves ) !!
The one thing I do notice from re-reading the RNS, is that they are not just talking about Greenseal uses of Starpol. They also mention carrier bags as well as other types of bags. If i'm right about the main difference between Starpol and PLA being the formers RF compatability, then Starpols mention in relation to these bags implies that RF would be used in the bags manufacture.
We'll no doubt know more in the coming weeks and months.
Cheers
D
bhunt1910
- 18 Oct 2005 14:11
- 11795 of 27111
Only joking
I think there is a steady buyer behind the scenes at 17.5.
Every time a 25000 offer comes up at 17.5 - it quickly diappears - without showing up as an AT trade - this has happened 5 times that I have spotted in the last 30 minutes ??
hewittalan6
- 18 Oct 2005 14:23
- 11797 of 27111
Back from the dentist.
Gone 2'o'clock and no RNS. The day trippers are getting back on their coaches to go home and the price goes back to the start. To be expected I suppose. Tomorrow may well do the same.
Alan