UNKNOWN INVESTOR HAS TAKEN A 7.1% STAKE IN STANELCO. Does anybody know who it is or for what reason apart from a very good investment. Comments invited.

broker upgrade with a strong buy recomendation also someone or institution has bought a lot of stock which represents 7% of the total stock which is yet to be announced.

Ok. thanks for your answer and it helps a lot.

There was also a newsletter 'tip' this weekend.

which newsletter

Red Hot Penny Shares I believe.

bid at 5p target 10p in 12 months forecast of 6m pre tax profits 2004.

it was also recommended that you dont buy above 5p

STANELCO AND AQUASOL SIGN PARTNERSHIP AGREEMENT





Stanelco plc, the RF (radio frequency) applications group announces that it has signed an agreement with Aquasol Ltd, an intellectual property based company, for the use of Stanelcos proprietary RF sealing technology.



Under the terms of the agreement, Aquasol and Stanelco will convert inefficient thermal sealing machines to work with RF sealing technology and the latest generation of water-soluble film materials, saving customers around 40% in unit production costs. Stanelco and Aquasol will reap a return on this through a share of the cost savings in the form of royalties.



Commenting on the agreement, Ian Balchin, Chief Executive of Stanelco, said: We are delighted to commence working with Aquasol, which is a well known IP company and a leader in the field of water-soluble packaging and delivery systems. Together we can enable detergent capsule manufacturers to become low-cost producers of detergent capsules for laundry and home care applications, whilst at the same time improving the quality of their products and speed of manufacture. Our partnership with Aquasol will also enable us to accelerate our development plans for RF technology.



Bruce Drew, Managing Director of Aquasol, said: We believe that this agreement with Stanelco will enable us to offer our customers the very best sealing technology for thermoformed packs, whether water-soluble or not. We are aware of the current dispute between Stanelco and BioProgress over certain RF welding patents, but we have, nevertheless, concluded this agreement as we have great confidence in Stanelco and in the future of this new technology.


This company looks as though its going to fly even with the current dispute.

I read the news today and they have a deal with ohter company. and it seemed a good project. anyone have any comment and it is good to buy?

laurencecope, tell that to the BPRG lads. I'm surprised really that we haven't seen a BPRG thread here yet!

They enjoy giving me h**l. Don't mind though, they wouldn't bother if they knew they had a winner (and if we have one here either, yet)!

Trouble is, I have some old pals from the E*Trade BB days holding BPRG's shares and they are more convinced than I am of where that company is going, that worries me no end. I just hope they spread the risk around!