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

Up Dated
Research Page

38 Questions to SEO 27/10/2005
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread

I am going shoping later and will look out for finish Quantum and report back

Lindos

Been out all day, so Thanks to Bema/Someuwin and others for excellent informative posts.

Carlosmac,

Re the lack of RNS for Reckitts, Finish Quantum, as Recketts have hundreds of products i would think due to SEO stateing that they would not release news for every deal, they were/are expecting more from Reckitts, ( this is just a guess for what its worth ). As to the Electrosol Gel Pack, its manufactured by two large companies that I know of , Proctor and Gamble, who's product contains a powder and a liquid whilst that produced by Reckitt Benckiser and marketed in Canada, is a water-soluble capsule enclosing liquid detergent. Can't find if Reckitts market this product in the UK yet. Hope this assists.

greekman

Yet another food packaging scare, but this one has persuaded a supermarket ( OK may be a Chinese company but it makes you think ) to re-think its packaging to the point of refusing to use PVC type food wrapping films.

MOST local supermarkets say they are switching from PVC cling film packing raw meat, vegetables and cooked food to PE material, which is considered safe.

But customers still worry about the possible harm of cling films used in supermarkets.

The General Administration of Quality Supervision, Inspection and Quarantine said on Tuesday after a spot check that PVC cling film can be dangerous if directly packing meat, cooked food and fatty food. Cling films are made of three materials: PVDC (polyvinylindene chloride), PE (polytene) and PVC (polyvinyl chloride).

For full article see link......

http://www.shanghaidaily.com/art/2005/10/29/208605/Supermarkets_quit_PVC_packaging_as_poison_fears_scare_food_buyer.htm

I have a copy of the presentation given by SEO at the Philadelphia conference if anyone is interested ? It is a Freelance presentation - perhaps Driver could find some way of adding it to the research pages ??

Baza

I was in sainsburys looking for the new dish washer tablet, I did not see anything new, ( maybe at asda? ). I did notice that the washing gel satchets in sainsburys own brand were no longer available. maybe the trial period is over!!!!!! They are still available in ariel and bold!!! I always buy thses as I feel I am helping in a small way!!!!

Sorry nothing useful to add
Lindos

baz
Where is it?

Driver - I have sent u email - I dont know how to attach it via MAM If u send me your email address - I can attach it and send to you

Cheers

Baza

lindos - a) it's not a tablet, it's a soluble three compartment sachet and b) when you find some can you pop round, we had a bit of a party last night and the kitchen's a wreck, we could use a hand with the all new singing dancing whistling dishwasher gismo. Thanks

sd

sd, party??? what happened to our invites?

lindos,

FINISH QUANTUM is a dishwasher detergent that has three compartments separating three highly active cleaning ingredients. It also has a revolutionary release system ensuring ingredients are released separately when needed, and a powerball Technology with a unique formulation that delivers unrivalled performance on bleachable stains

The Electrosol Gel Pack is a water-soluble capsule enclosing liquid detergent

No I don't work for either SEO or Reckitts, and am not in advertising.

Sorry bos, it was a nice party for nice people, let you know when it's open house! lol!

RF RF

sd

greekman - timeo Danaos et dona ferentes!

Anyone making any dosh, apartfrom sneaking around washing macines, come on chaps!

sd, was it a party-party, or a sit-down-posh-dinner-party type thing, with real plates and glasses instead of paper/plastic ones? big brass band contest coming up this sunday in prestatyn, at pontins. should be a good do.

sd, timote fructus loreal Vidal tu inone.

Driver - I have asked seo if they will put the presentation on their website as well

Baza

Bos, I guess even the Romans had lave et ite
Give'em some stick at Pontins!

Has anyone seen this from SEO's website looks promising
Electronics
Stanelco 12p BUY
Reuters: SEO.L Index: FTSE Small Cap Listing: FULL
Mark Paddon 020 7426 3232 mark.paddon@teathers.com 12 October 2005
Packaging sciences
We believe both the RF sealing and biodegradable packaging
technologies have significant potential and in our view the recent price
weakness of the stock provides a good opportunity to invest at a realistic
level. We initiate coverage with a Buy recommendation.

2005 E 1.4
2006 E 22.5
2007 E 43.1
2008 E 65.8
Market cap: 111.4m Debt/Equity: 4.0m 12m High/Low: 28p/4p
Shares in issue: 928.7m Interest cover: Na Next results: Final Jan 06
Stanelco comprises a group of companies with specialist technologies for use in various
areas of the packaging industry. These include RF (radio frequency) technology and
biodegradable material sciences. The groups philosophy is to develop technologies that deliver to the end-user both economic and environmental benefit and which are capable of intellectual property protection. In general the group pursues a licensing business model. At present the forecast profile primarily reflects the prospects of two business areas, Greensealand Biotec.

Greenseal is an RF-based technology that provides significant performance and economic advantages for the hermetic sealing of MAP (Modified Atmosphere Packaging) food products. Commercialisation is via a conversion fee for the retrofit of the existing machine base and a license fee for its use spread over five years. Asda has been granted a 12 month exclusive contract for their supplier base and talks are underway with Wal-Mart.
Other UK food retailers have already assessed the technology and are expected to
commence conversion of their supply base once the exclusivity period expires. We also expect OEMs to develop and launch new machines incorporating the technology.

Biotec, a recent acquisition, has considerable expertise in starch-based technologies including material for the manufacture of biodegradable plastic bags and biodegradable trays for MAP applications, the latter being highly complementary to the Greenseal technology and customer base. A JV has been set up which guarantees a minimum volume,and a programme of capacity expansion is underway to cope with predicted demand. The forecast volume profile for Greenseal increases to an installed machine base in the UK
of c.1,300 over the next five years implying a market penetration of 25% and an installed base globally of 2,300, implying a penetration approaching 5%. Our forecasts exclude any Wal-Mart volume until formal agreements are in place. Our forecasts for Biotec include the 10,000 tonne JV order recently announced for biodegradable pellet but exclude anything for potential orders for MAP applications.
Analysing the valuation metrics and based on our low-end of consensus forecasts, it appears much of the short-term financial potential has already been built into the price.However, in 2007 once the licensing model has been underway for two full years, the fundamental valuation begins to look much more attractive giving a 2.5x EV/Sales multiple,
7.9x EV/Ebitda multiple and a PER of 12.0x (compared to the market average of 13.5x). Our DCF analysis implies a valuation potential closer to a 200m valuation, (21p per share),
which we would view as an achievable medium-term target. In terms of short-term price performance, the catalyst for any upside is likely to come from profit upgrades with the most likely source for these the announcement of an agreement in the US with Wal-Mart (which after recent price weakness the price now looks to be almost ignoring) or possibly further news on OEM agreements.
TEATHER &
GREENWOOD LIMITED
Beaufort House
15 St. Botolph Street
London EC3A 7QR
Tel (020) 7426 9000
Fax (020) 7247 0209
DX 132300
Finsbury Square, London
e-mail
tg@teathers.com

collyt
Yes we have seen it; pm1 was banned from this site just for talking about it.