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

More interesting titbits:
1: SEO negotiating the construction of 5 "micro-manufacturing" plants
2: $7m to build each mm plant
etc...

Apparently the hope is to cover costs by utilising existing funds and potential revenues.

Snippet of info gleaned from www.proactiveinvestors.com

Thanks garyble
Does it say who they will supply?

The evo note mentioned funding with senior debt

Lindos

What's "senior" debt? I am a senior citizen and hope that it does not apply to us funding the building program!

The oily one

Good afternoon all
my maiden post been in since 4p and watched board with interest
Thought this may be of intrest
CHICAGO (AFX) -- Shares of Wal-Mart Stores Inc. led the retail sector's main measure to the upside in the early going Monday. The S&P Retail Index inched up to 482.33. Wal-Mart shares enjoyed a relatively strong opening, rising 1.8%, or 84 cents, to $47.53 amid a report out of London that the world's largest retailer was looking to hire 150,000 people in China over the next five years.

Hello all three of you,

Busy here is it not ?

I have just read the note at www.proactiveinvestors.com and it contains some interesting information not found in the EVO note. Apparently the author had a chat with Howard, so the information is top notch. The website and all it's articles are free, just register and you're away :)

Senior debt is a loan that is considered 1st in line should the company go into administration, it can also be a large placing, but given that Stanelco have 25m borrowing facility, and Howard says they do not want to dilute the shares any more, then that will cover 8 micro-manufacturing facilities at 3m each, unless Stanelco can get to split 50/50 the cost with the factory.

Things are certainly looking very positive if you add the EVO and PAS notes together.

Lindos,

No direct statement with respect to supply, only mentions ASDA ref: GS glitches and SEO's expectation of having THREE GS machines on full commercial trials in the next FEW weeks.

WM tie-up with regard to SEO being one of fourteen suppliers working as part of the WM Sustainable Packaging Network.

Of course Perseco {and McD} were given a mention.

The item is dated March 2006, so could already be a couple of weeks old.

Garbyle, the number is three if you read the evo note "GS has been delayed by minor glitches. For instance the protective coating on the head suffered overheating, this has now been solved and two machines are being readied for Asda suppliers with another scheduled immediately thereafter a further period of bedding in seems likely and we predict 50 machines by Oct.."

So we can assume 3 now in suppliers or nearly there......

I like the bit one supplier is ready to install 40 as soon as they are ready

Thanks Barney.....THREE it is then.

"utilising existing funds and potential revenues"

It's also possible they will securitise the future revenue stream - i.e. borrow against a projection of potential revenues, a technique famously developed by Guy Hands at Nomura bank. So it could be 20/80 SEO's own equity/bank's debt. Does SEO have 20% of $7m X 5 @ $/1.75 = 8m?

sd

SD,

It will be a "co-investment" so depends on the split. If 50/50 SEO needs to fund $17.5m less 5 x $1.25 = $11.25 {6.4m}.

You see, the figure is going down all the time!

So, putting 2+2 together here, it would appear that SEO are definitely going after the WM tray that needs 75,000 tonnes of plastic.

How fast is a WM "fast track"?

About 3gsmpa, lol!

Thanks everyone
lindos

Hello garyble,

The proactiveinvestors note is new out today, it was complied this weekend.

"How fast is a WMT fast-track ?"

"Several years ago, growth in case-ready red-meat packaging surged to double-digit rates as processors scrambled to supply Wal-Mart SuperCenters chain-wide conversion while some retailers accelerated long-standing programs"

"Morgan Stanley Dean Witter singles out Wal-Mart as the single largest retail driving force"

"In early 2002, Wal-Mart had--by far--the leading position in case-ready meat retailing, selling more than half of all domestic case-ready meats--1 billion units"

"Historically, Wal-Mart has been tremendously influential in bringing new technology to the retail industry. The Arkansas-based retailer was behind barcodings success. It was only after Wal-Mart demanded that suppliers use the technology that other retailers started putting barcodes on their products."

WAL-MART spurs case-ready meat. unit-dose drugs
Wal-Mart does not set packaging policy for consumer packaged goods companies. But due to its sheer size and adoption of certain packaging systems, its a big driver of packaging trends.
Here are two examples of how Wal-Mart is influencing the direction of packaging.
Case-ready meat. Almost single-handedly, Wal-Mart has fueled the growth of case-ready red meat. This includes ground beef and cuts of beef, pork and veal.
Through its Supercenters and Neighborhood Markets, Wal-Mart distributes about 1.5 to 2 billion packages of case-ready red meat or about half of the total units of case-ready meat in the United States.
Wal-Marts case-ready meats are packed in modified-atmosphere trays with a high-oxygen content (80 percent oxygen/20 percent carbon dioxide), according to a report, How Wal-Mart is Reshaping Packaging, from PakIntell.
There are numerous competing technologies for case-ready. Wal-Marts selection of the high-oxygen environment, based largely on its experiences in Europe, recast the marketand fortunesfor numerous vendors, says the report.
Some observers believe that Wal-Mart is pushing for a standardized tray size for all its case-ready red meat to streamline its merchandising and display.
n Unit-dose drug packaging. Wal-Mart is taking the lead role in urging pharmaceutical suppliers to switch from amber plastic vials to unit-dose, blister packaging for prescription drugs, says the PakIntell report.
The retailer believes unit-dose blisters will help consumers with dosage compliance, provide more information on the packaging and establish brand loyalty.
As a result of Wal-Marts initiative, some drug companies are taking a hard look at unit-dose packaging for new products. They are focusing on new products because of regulatory hurdles to changing the packaging of an existing product, says Bill LeMaire, Managing Director of PakIntell and author of the report.

Lol sd,

I would say its was at least 4gsmpa!

JJs - there is something unmistakablke about the style of your last post - can't quite put my finger on it - it'll come to me, no doubt.

"Wal-Marts case-ready meats are packed in modified-atmosphere trays with a high-oxygen content (80 percent oxygen/20 percent carbon dioxide)" This may make the meat look red, but high nitrogen has to be better to preserve it in edible condition, surely?

"dosage compliance, provide more information on the packaging and establish brand loyalty." So WM are taking the lead in ecological values again I see!

SD, I had that feeling as well ...
Could it be our old friend?

Uncanny!

well you lot took your time !!