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

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

Bos I agree, it is time we stop making excuses for SEO management. But apparenly Greenseal is dead longlive Starpol, this week.

I think the time for promises has past.
I can't see the sp shifting one way or the other until there is are DONE DEALS.
When contracts exchange hands and revenue is forthcoming then we'll see a takeoff.
Until then happy to cross all my intact appendages , sit tight and wait.
The future does look bright , but without money on bottom line and deals in the bag this share will continue to fester.

Post Removed.

I read it as 'This will take a while' which we already know.

bos
Could it be that ASDA came to SEO before they were ready after hearing about the ideas SEO had and worked with each other to develop the equipment hence the exclucive agreement.

from onone2 on another thread:

**STANELCO (SEO)
Stanelco is to be included in Wal-mart's "Packaging Sustainable Value Network"
Specifically Wal-Mart is interested in Stanelco's Greenseal Radio -Frequency sealing technologies and also its Starpol Biodegradable Packaging.
Stanelco gave a long statement alongside its 2005 annual results. There was some diappointment in relation to Asda, Where Stanelco seems to be struggling to meet the target of installing 200 Radio-frequency sealing machines at Asda suppliers before the end of J|uly. But the story has now moved on, As Stanelco is seeing serious interest from major companies around the world.
The challenge now is to commercialise the technology, and as a start stanelco plans to offer a number os manufactoring licences in the US for the production of its range of biodegradable packaging materials. It is also working with manufacturers og packaging machinery, such as Reiser of the USA and mondini of Italy, to offer Greenseal technology in new machines. This will comliment the retrofit programme now under way

has anyone got the evo note and could they email it to me

ssanebs
Have they done an update yet?

I don't think they have as yet.

ok thanks

latest evo note 9/2/06 is that the latest one expected???

Of course if they were sensible there would be a copy/link on seo website direct to note anyway will not start that now.............

anyway if it is will post

Nice post jimward.
Since Stanelco have an agreement with REISER re greenseal going back to 2004 (hardman report), we can only hope that they've done the training and are ready to refit/supply the appropriate machinery ASAP.
Still waiting And hopeing re solid contracts. SOON!!!!!
Anyone care to put a bet on a contract release this week?
LOL
well you live in hope

i was referring to the the note to accompany the results, which i assume has been done, but for some reason not released by evolution.

Maybe somebody has already raised this, but I was away last week when the 'only 2 Greenseal tray lidding machines converted' shock hit the newstands, and what I cant understand is that from the RNS of 10th. May (partly copied below) it was evident that two machines were already in existence for the trials to take place.

In fact, if you look at the RNS of the 28th. July, also printed in part below, it would appear that 3 machines were in existence.

Am I right in thinking that these are possibly the same machines that make up the two machines in the latest count, and that therefore no further machines have been converted succesfully since May or July of last year (and one possibly seems to have been 'lost')?



I'll post this on FYB and MAM.

----------------



10 May 2005


Stanelco PLC ("Stanelco")


Update on Youngs Bluecrest Production Trials


Stanelco, the RF (radio frequency) applications group, is pleased to announce
that following its recently announced contract with ASDA, the first stage of
full-scale production trials with Youngs Bluecrest has now been completed. For a
two-week period fresh salmon has been sold using our GREENSEAL technology as the
sealing process. The results of these trials have been extremely encouraging.

Over the two-week period of the trials sales of the product packed and sold in
the selected ASDA stores have grown by 21%. Stanelco has been informed by ASDA
that this increase is as a direct result of a number of factors directly
attributable to our technology. Key amongst these is a more attractive looking
pack than the current product. In addition there were no reported leaking packs
and waste at store level was reduced.

Independent analysis carried out by Law Laboratories has also identified better
visual appearance and a fresher taste as the product reaches its end of shelf
life date. In addition microbiological analysis has also indicated that there is
strong evidence that an extra days' product life could be achieved.

Tony Ruane, Technical Manager at ASDA said:

"The benefits are now proving to be substantially beyond our original thinking
and as a result we will look to accelerate the introduction of this technology
to full scale commercial production.

"The second trial is commencing on Wednesday 11th May at Hitchens Foods, where
we will be trialling the process on layered salads and other items in the ASDA
own label range of Hitchens products."



=======



28 July 2005


Stanelco Plc ("Stanelco")

ASDA contract goes live


Stanelco, the radio frequency (RF) company, is pleased to announce the stability
results of the third and final commercial trial with a third supplier to ASDA
have been received.

I find it a little disconcerting that almost 12 months ago we had statements such as:-

'Stanelco, the RF (radio frequency) applications group, is pleased to announce
that following its recently announced contract with ASDA, the first stage of
full-scale production trials with Youngs Bluecrest has now been completed'.

Plus various posts about the increasing volume of greensealed product on ASDA's shelves

This led me, & a lot of other investors to believe that the trials were completed with equipment that had been tried & tested and was up & running. Now it would appear that this was not the case & the equipment was never 'up & running' at the time of the RNS.

I find it worrying that seo has not clarified the situation rather than issue vague RNS's & finals statements.

jtf

jtf, you're free to sell your shares then if you're worried.

just called seo HQ to speak to ceo but he has gone to the us, his pa read out his statement of 5th march saying the tooling problem was 95% resolved and then rollout will gather full pace.

A comment re the sp and the difficulty of getting it motoring the second time round (particularly for Bos, to whom I give credit for introducing me to SEO).

I have a cfd fund invested in AZM, ASC and SEO. AZM and ASC hav both been motoring this year but both went through the phase of having to re-convince the market after a bear market period. ASC were share of the year in 2004, then ran into warehousing and stock management problems resulting from their inability to cope with growth; they are passed that now but it took the market six months to recognise it. AZM story was different in that the sp was looking for licensing deals for their blockbuster obesity drug; instead they had used the sp to raise funding to take the drug further down the line; they have now gone public on seeking a partner for the expensive phase 3 stage. SEo are much like ASC in a very different market. The market was rightly disappointed with the GreenSeal problems with the ASDA commisioning and won't believe in a hurry this time. So bos has it right; he is reflecting a market attitude. 'Doubting Thomas', ok, but 'faith' is a commodity that rightly seeks rational evidence. For those of us who have come to 'belief', it is an opportunity to stock up. For those of us who follow Paul (masterson. not Saul!), of course he was right on most things and still is. We are witnessing the transformation of a market-place so why not make money out of it.

Eric

i'n for a penny in for several 's.
Was going to wait and see , but given the share price and readily available cash have topped up.
I think Eric is right, the level of selling and buying has slowed remarkably and I can't see any real progress until DEALS are done and contracts exchanged.
Now MEDIUM term.
Hopefully I'll be on a beach in a years time toasting to all your healths.
Hopefully as shorters exit and contracts arrive the sp will reflect it's full potential with little pullback.

well said tweenie