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

Bosley

I think the reason for the share price not moving very much is because many investors are more cautious these days having watched the rise to around 30p when the ASDA exclusive period started.

There is also an element of "show me the money" - real turnover required before some will really believe that SEO are going to deliver.

When it does, I think that the sp will rise fairly steadily with few significant pull backs.

The next few months are going be really interesting.

The oily one

Serious potential is what it is, but as Oily says its now a case of "show me the money"!

SEO are big on promises and when, on the rare occasion they appear to be specific, they fail to achieve. The point in question is the more realistic timescale and cost of the Biotec expansion:

26/07/05
Stanelco, the RF (radio frequency) applications group is pleased to announce that it has received a conditional commitment from SP Metal its Joint Venture ("JV") partner in Biotec for an annual purchase of approximately 10,000 metric tonnes of Biotec's biodegradable pellet worth in excess of Euro20m per year.

As a result, Stanelco and SP Metal have agreed to increase Biotec's production capacity of biodegradable pellets to 12,000 metric tonnes by an investment programme in new processing equipment valued at Euro4.5m. Full production is anticipated within six months.

30/08/05
Biotec have received a conditional commitment from SP Metal for an annual purchase of approximately 10,000 metric tonnes of Biotec's biodegradable plastic pellet worth in excess of Euro20m per year.

Stanelco and SP Metal had initially agreed to increase Biotec's production capacity of biodegradable pellets to at least 12,000 metric tonnes within nine months via a joint investment programme of up to Euro4.5m. However due to further recent improvements in both the production procedures and the ability to process the materials, a capacity of 24,000 tonnes for an investment of Euro2m is now envisaged within the same period.

16/12/05
Sales of Biotec materials (Biodegradable, compostible and edible polymers based upon starch) are continuing to both SPhere (formerly SP Metal) and other customers. The relationship with SPhere is working well. We are on schedule to substantially increase in 2006 the production capacity of these materials - including Starpol to 20,000 tonnes by early 2007.

28/02/06
Sales of Biotec materials (Biodegradable, compostible and edible polymers based upon starch) are continuing to both SPhere (formerly SP Metal) and other customers enabling Biotec to concentrate further resource on R&D. The relationship with SPhere is working well. We are on schedule to substantially increase in 2006 the production capacity of these materials - including Starpol - and expect have a capacity of 20,000 tonnes in Germany by early 2007.

A further investment of EU1.5 million was made by each shareholder of Biotec in order to fund expansion of Biotec's research and production facilities.

Once again there are subtle differences, but the production went from 12ktpa, 24ktpa, 20ktpa and has held at 20k tonnes pa in the annual report.

The cost of the expansion: Euro4.5m, Euro2m, ? and Euro3m respectively.

The duration: 6 months, 6 months, early 2007 and early 2007.

So it would appear that the timescale has slipped, and if the Euro1.5m each is all it takes to achieve the ~20ktpa then they'd have come approx midway between their estimates.

You're right, Gary.
That is the history that makes investors think "here we go again".
I really do hope and think that this time is a bit different though, because the partners are not controlled by SEO and the terms of the press release make it sound imminent.
Time really does appear to be of the essence this time around.
It reminds me of those local authority job adverts, where the position has been taken by an internal applicant already, but the authority must be seen to go through the advertising and interview process, to satisfy their own rules.
I think SEO have already drawn up the agreements with WM and Persico, but must be seen to offer it out freely, in order to satisfy larger shareholders of due diligence and attract other big players to what is going on.
Could be totally misreading the situation, but the clue is there in the vertical integration bit and the ready to roll bit.
Just an opinion.
Alan

Thanks Alan,

Here's hoping.

Very positive all round and can't complain. We're in a very nice position in the mid teens, whcih seems to be where my stocks tend to hover for quite a while untill take-off, AHT was a prime example.

Off topic a moment - can anyone tell me how long you are allowed to hold cash subscribed to a stocks & shares ISA whilst deciding what shares to invest in? Anyone know a definitive website with the rules clearly set out on this aspect?

Thanks

sd

SD I believe there is no set time limit as long as your "intention" is to reinvest,certainly no problem with a few months.Confirm with your provider tomorrow.

So, what will tomorrow bring???
Anyone got crystal balls? (If so, please don't stand too near a singer with a really high voice. You may find the high voice catching)
Alan

Alan

There I was thinking that you were the king of double entendre but beat this is you can from the FYB board

"The SEO problem referred to "tooling problems", it appears that the said ` tool`, is not able to vertically integrate, thus causing a huge problem in the `horizontal integration` department.
The management are into deep intercourse on this one, and expect a climactic response soon.
Impotence is not a problem, erm, they think,

lol, and it makes about as much sense as the companies release-banal."

As to tomorrow, I think that the sp might move marginally in either direction in the absence of any hard news.

Fingers (those of you who have them) crossed.

The oily one

Too right, Oilywag, one can hardly condome such a state of affairs!

Post Removed!

Thanks for that johnny.
Last but one sentence is particularly good.
Alan

Re post 15498 and Ferrari analogy

Excuse me for being slightly sceptical, if this was a direct copy of what Howard White had sent, I would have thought that he would have been more meticulous in his use of Capital letters for his and Ferrari's name.

I would prefer to see the exact copy of the e-mails with the recipient's name deleted if he/she prefers showing the original question and date and time of the answer.

No reflection on the integrity of the original poster of this, but one must be careful not to suckered by manufactured posts.

The oily one

Always Careful. Have no reason to think this message might be 'manufactured' but the analogy does emphasise the point about patience. I think H/W said it would take '2/3 years' for the ball to start rolling.

jfg

Johnny

Do you know when he meant the 2/3 year period for the ball to start rolling commenced?

Does anyone here have any thoughts as to whether that meant from last year when the exclusive deal was signed with ASDA and/or the length of time that the 200 machines would take to install and be productive?

I ask this question in the light of the contradictory info outlined in post 15490 above about the production capacities for Starpol and in what periods of time.

The oily one

what a load of kak!!! a formula one engine doesn't see the car until it's been put through rigorous testing in the shop. teams of engineers sit there screwing the arse off the engine in factory controlled conditions, putting it through race conditions over many, many hours. only then does it go into the car. the actual drivers get called in to fine tune and prepare the car set-up. as an analogy it falls flat on its arse. maybe if seo had put greenseal through the same kind of testing they wouldn't be in this humiliating position of constant back-tracking, date re-arranging and releasing vague news to prop up the sp.

I don't recall when the 2/3 year period was first mentioned. Late '05 but I might be wrong.

This will all happen later rather than sooner and anyone who thinks otherwise is deluding himself.

Have held for two years so another 2/3 is of no consequence. I am in no hurry.

(Bos:- It was only an analogy! ie-a comparison between things, often used to help explain a principle or idea)

jtf

jtf, then they should have used a better analogy. maybe a sinclair c5 analogy would have worked better :)

bos
I guess you are not an engineer, or have ever worked on any mechanical development.
I have, many times have made parts or equipment, that worked great on the bench, but have to be altered or adjusted when they have been installed on a production machines.
Engineering takes time, days, weeks or months, each modifcation or simple adjustment, has to be tested before you can move on to the next.
Remember Engineering takes time.

jimward, correct in everything you have said. my point is that the analogy is kak. it doesn't work for me.
maybe it's time to stop making excuses for seo. we were promised so much last year. surely, " minor mechanical issues " should have been dealt with before dealing with a company like asda/ walmart? i'm not an engineer but that makes sense to me.

Agree with bos that letter is not going on the Research Page.