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

time will tell,still a little nervous but..........the low price just reeled me in.PS my intuition is my biggest strength....................and weakness!Guess like everyone else just work on getting more right than wrong?

Greetings fellow sufferers,
Just goes to show the power of the 4th estate. One 'buy' tip from Shares mag and the thing sinks like a stone!
Over reaction? You would be forgiven for thinking that the company was going bust rather than sitting on a revolutionary tray lidding process that could make millions. (tray lidding? millions? Why is it that I can't even type the words without smiling?)

Its certainly active today.Mixed trading is starting to bounce back from its lowest though. Could still be a good day.

I think I have posted this before, but as someone who has an interest in both companies, I am not particularly biased either way. Personally, I believe BPRG have a great future. Currently, I don't have the same warm feeling about SEO. Although the 'tray lidding process' is apparently clear of the patent issue, the matter of compensation which may be awarded to BPGR may be quite significant. BPRG put aside 4mill of exceptionals and I would assume that quite a bit of that was required to fight the case brought on by SEO. I don't expect for one moment that the compensation amount will be any where near that figure, but any amount will make a significant dent in SEO's balance sheet. Their ability to raise additional finance may also be affected by the ruling, whom, afterall, would want to deal with a management team proved to be guilty of patent misuse. The RNS released following the case was also very misleading. From what I can understand, SEO did not win two patents outright, they are both dependant on Patent One. How many people bought into the company on that erroneous information? The other unknown is the possibility of an appeal. Considering that most commentators thought that BPRG would win the case, who would give SEO any possibility of success if they were to adopt this course of action?

I consider that SEO have a great process, most others would also seem to agree. The big question in my mind is can they survive, (financially), the fall-out from the BPRG case?

As I say I have no axe to grind either way, the current low SEO SP may be a great opportunity, but personally I will wait until the dust has settled before dipping in again. In the meantime, this will be a MM's dream as it yo-yos up and down on rumour, counter rumour and any other rumour!! All IMHO of course.

Regards

PTH

Down to 3.88p

Glad I sold out months ago

But day ended with

1 Million trade @ 3.99p
1 Million trade @ 4p

Wonder who that was?

ptholden , if tim freeborns predictions are even a quarter correct then the matter of compensation is small fish for seo.the packaging business is the thing.to be honest , its all i am interested in as far as seo go.the rest was just a bonus which is no longer. no biggy .good buying price right now as far as i am concerned and apple , it wasnt me . wish i could have but alas......

Bosley, despite being nervous about it I have to say I totally agree with you about the packaging side and as you know I work in this area. I have previously been conservative and said if 10% right no need to worry so 25% and we will eventually end up laughing and wondering what to do with our profits!!
I also agree with some of the other guys in that SEO must question the managements repsonsibility in this, do they have decent patent research people or did they expect BPRG to go bust?
A good buying opportunity now, I have no funds left, bugger!! but once court case is more clear I will make funds available, ok not having too much is this just now, just in case!! I have covered with other risky potentials MMG/DEMG and a good run with GLD/HNR/IDS is compensating so my portfolio is actually up. All I need now is for PXC/MANA to start upwards and SEO bounce back and I will be very happy.
I know some people question the packaging side but this really should be big and I for one would contribute to financing if required. Sometimes people do this to keep their investments going in the hope of survival and not losing everything but in this case survival would bring good rewards.
The 1mil buyers at 4p recognise a bargain, hopefully unless they are mad!

well well well. a bit of good news and a good sign for the future .

Stanelco PLC
13 October 2004

13 October 2004

Stanelco in Trials with Oscar Mayer Ltd for use of RF Technology

Stanelco PLC, the RF (radio frequency) applications group, is pleased to
announce that Oscar Mayer Ltd ('Oscar Mayer'), has agreed to trial Stanelco's RF
sealing technology for use in tray-lidding machines in its food packaging
operations.

The technology will be retrofitted into one of Oscar Mayer's Proseal Machines.
This will undergo tests, and subject to its success, it will enter into
full-scale production across its entire range of tray-lidding machines in the
UK.

Oscar Mayer is one of the country's leading producers of ready prepared meals,
supplying over 3 million meals a week in the UK. The company has 30 tray-lidding
machines in 3 locations in the UK.

The use of RF technology in tray-lidding is now the core revenue driver for
Stanelco, representing the most significant element of future projected
revenues.

Ian Balchin, CEO of Stanelco, commented:

'We look forward to demonstrating the benefits of our RF technology to Oscar
Mayer. We have made considerable strides in developing our RF technology for
tray-lidding and there has been massive interest amongst food producers and
packagers alike.'

this now seems to be the way forward for seo. looks like the company has decided to steam ahead in this direction . for an idea of future potential revenues poeple should take another look at tim frreeborns article in shares a few weeks ago when he tipped seo. astronomical!!!!

Be careful the compensation has not been sorted out yet, hope SEO come out of this alright but I would be cautious at present... DOYR.

i agree that a certain amount of caution is needed. but also , everybody knows about the court case, and yet people still want to do business with seo. i am fairly certain these companies will have checked out all the legalities and and they are still pressing ahead. the whole patent action with bprg is , for me , a separate issue which has held these shares back . now we can move forward . if a rights issue is needed, then so be it . i will be there. add this to the reckitt beckinser one , the robert reaiser deal , grampian foods and now oscar mayer this is a company going places .i feel the whole thing with bprg has distracted people from seeing the potential.

ps not ramping , i just like this one a lot.

also i wish i could copy and paste tim freeborns article on seo . but since shares have gone all pdf its not impossible . if i can find it in my old issue box i will try to type it up.

u can copy and paste pdf files...just create a box around the article and copy and paste...bosley

try this . see if it works.



I have never been waterskiing but I reckon buying `shares in Stanelco will provide a similar experience. There may be a few bumps along the way but the experience should be exhilarating.
This company has been around for years. It uses radio waves (RF) to make optical fibres but it has lately focused on RF for molecular bonding of plastics without using heat. Controversially this has led it into a legal battle with BioProgress (BPRG), which accuses the company of abusing confidentiality to launch a rival system for making soluble capsules.The rights and wrongs of this matter went before the courts last month and a
decision is imminent. This used to look important but now it seems irrelevant. The reason for this change is a patent announcement made by Stanelco on 16 July. It filed an application for a new system for sealing the plastic packaging on cooked and raw meat without having to use special laminates or coatings. The statement estimated it would cost 40,000 to retrofit packaging machines and then the company would charge a royalty of 35,000 per year.
Savings on plastic are reckoned to be worth 100,000 per year.
There would also be a saving in the UK of 10,000 tonnes of plastic which currently goes into landfill.
There are at least 20,000 machines across Europe and several thousand more in the US.
This suggests that royalties would be a mindboggling 875 million per year if all of them were retrofitted. That equates to 110p for every Stanelco share per
year. For comparison, think of the fortune made by Tetrapak. Just a meaty pipedream?
Hardly. On Tuesday the company announced a deal with Robert Reiser, a US equipment maker. Reiser aims to convert at least 120 machines in the first 12
months of the agreement. This alone will be worth over 400,000 in royalties.
The key point is that Reiser was not even involved in the prepatent trials. It has concluded the deal in the month since the patent announcement. Given the
glacial speed of most US corporation lawyers, this is a fantastic endorsement.
Before the announcement, sponsored research house Hardman forecasts sales of 4
million for the year to October and 12 million to October 2005. Impressive as these are, they have probably been far overtaken by events.
The shares have taken a tumble recently, dropping from a 2004 peak of 6.25p. Theimpending BioProgress verdict may be factor, along with the malaise affecting anything tech-related. Even if Stanelco loses, any weakness should present a further buying opportunity.
.
BUSINESS: Use of radio
frequency in manufacturing
processes
VITAL STATS:
Market value: 39.5 million
Historic PE for Oct 03: -100
Prospective PE for Oct 04: 55
Prospective PE for Oct 05: 9
Dividend yield: 0.8%
Spread: 10%
NMS: 25,000
1Sealing patent heralds fantastic boom time for Stanelco
2Contract with Robert Reiser should be just first of many
3Verdict on BioProgress case imminent but no longer important
STANELCO
HIGH 6.30 17/11/03
LOW 3.39 15/8/03
LAST 4.50
Source: Thomson Financial/Datastream
Shares Summary
by: Tim Freeborn
STANELCO (SEO) 4.5p BUY

a bit of a sh*t job but its there now.

It all sounds good to me, just bought me some more SEO. I think it is going to go the way of NOP and PDX up, up, up ;-)

"from another site" 7Oct04 is most enlightening as to the LAW and explains in part, the pickle SEO would appear to be in......
However, I'm still not understanding the full facts (doh!)- can anyone explain?
1) If BPRG had invented something why didn't BPRG Patent it (just provisional, etc), before blabing to SEO?
1a) Why wasn't there a IP agreement between the companies, surely that is commonplace?
2) Even after blabing and discussion took place, why didn't BPRG patent whatever it was?
3) Why did BPRG need to visit SEO if they had invented something which was all their own work?
4)It seemed to me that the sequence of events might yet tell the truth - only from what I read, sadly lacking detail - is it the fact that BPRG needed SEO's expertise, that being the case how could BPRG have invented something if they didn't know how to make it - - - to the extent they didn't attempt to patent it?
5) I cannot understand why SEO didn't invite BPRG to create a Patent that they could both own, maybe this is the fatal flaw in SEO's case. But equally it seems to me that if BPRG needed SEO expertise, then the inventive stroke was unlikely to be BPRG's, even if the original idea was theirs - BPRG couldn't patent an idea (you can't) only the particular embodiment and as events have shown BPRG lacked this ability (that's why they went to SEO whon they recognoised as RF sealing experts) for, why else would they involve SEO?.
If SEO were the experts then thir understanding of the process would enable them to make that inventive stroke (so they Patented it) sadly they should have involved the other party as without BPRG the inventive stroke would have been dormant.
It's a bit of a mess, isn't it? - but it gets worse, as I see it.

6) SEO had securred the Patent without BPRG assistance (as to the drafting) so why did SEO take BPRG to Court in the first place? Was SEO mindful that BPRG was "about to embark" on a new profit stream which would use this SEO patent - perhaps using the services of another company to do the production and thereby cut SEO out of the loop? Why didn't SEO wait.... until there was profit to grab? Since both companies are close to loss-making neither is exactly attractive to large damages.
7) Why didn't SEO's lawyers warn SEO to keep clear of Courts - especially as the "with clean hands" is well-known in Legal Circles? What measure of Up-side was SEO imagining; when there was only certain cost and maybe the opening of an equitable problem?....with a company that was er, short of wealth!
8) SEO announced several deals arround the time of the Case and these pointed to business that would not involve this Patent - Now, since these deals are not the work of an idle moment; - it would seem that SEO was already distancing itself from Turnover (from said patent). SEO was already on a course that would be profitable without this line of work........... makes me wonder what posessed them to continue with the case at all. From posters here it seemed things were bad, pretty much from the start - as it appeared BPRG had securred a Legal Eagle that actually understood the underlying process.

I suppose from the above I should wait even further before investing in either of these fabulous companies - bargepoles spring to mind.
All IMHO and I don't have close contact with either Co. = only what I read.
Perhaps we'll never know the full facts. Make a good Book/film

I note the CEO has taken up his options at 2.4445p then sold straight away for 4p Nice work but shows little confidence in his company!

janus , going off some comments om this board and on other boards , hes probably getting ready for gardening leave.!!!!!{ only joking). fabulous post from hangon. shows that this is far from cut and dried and over.also shows the confusion surrounding all of this. but like i keep saying , we should treat it as a separate issue and not the core of what seo is about.

Even so, it would be nice for Balchin to keep some shares and show some confidence to the market, he keeps getting rich on the waves that SEO rides and has not yet delivered. I still believe in SEO's future due to the packaging concept, there are now so many interested parties it's looking good and as I keep saying once one adopts the process the rest will have to follow!
Maybe then Balchin might piss off after continuing to feather his own nest and keep diluting shareholder value, when we eventually get some!!!

where is the evidence that shareholders in this and similar companies receive any value. The current yield is not far short of miserly.
Futhermore I'm surprised that the management that got the company into its present position is allowed to pofit from Options that were (in all probability) required "....to meet certain performance targets and align pay and shareholder returns...." - that;'s supposed to be the idea, n'est pas?
PAH!
(13Oct04)andysmith's final sentiments are spot-on IMHO.