bosley
- 20 Feb 2004 09:34
JJS
- 25 Apr 2006 15:20
- 16150 of 27111
Johnny,
As far as I know PM1 got the info, and sent it round to his contacts.
hewittalan6
- 25 Apr 2006 15:25
- 16151 of 27111
So there is a question for you at the AGM next week, Oblo.
Were Tyson and Walmart in the UK this week talking to SEO?
If they were, then PM1's info is better than many of us give him credit for. If they were not, he is a ramping t*** who can be safely ignored!!
Alan
johnny the fox
- 25 Apr 2006 15:27
- 16152 of 27111
JJS
I have the PM1 emails. But I always treat unsubstantiated 'rumours' with caution as should everyone, this share was ramped up on unfounded gossip last year.
EWRobson
- 25 Apr 2006 15:52
- 16153 of 27111
foxy: whilst we should probably be cautious about the WM and Tyson visit until it is confirmed, the Starpol 3 Business Wire should be taken at face value. There is nothing sinister about the use of phrases such as 'can be produced at a discount to...' and 'envisioned that this material will soon... The key sentence is 'Biotec has successfully overcome the final technical hurdles to full commercialisation in the development of its STARPOL 3000 biodegradable, rigid material.' Technical hurdles overcome allowing commercial negotiations, manufacturing planning and approval cycle initiation. The potential numbers are becoming mind-boggling. Not surprisingly, a number of cynics around. The cautious approach is to wait until later in the product development process, but no doubt the big winners 'will be' the risk-takers. {see business wire on driver's column}.
Eric
oblomov
- 25 Apr 2006 16:20
- 16154 of 27111
Thanks for the advice on investing, JJS, but as I'm showing a profit of some 130% on SEO in two years I dont think I really need any lessons! On those kind of profits I'm happy to sit this out for a while in the hope that some of the enourmous potential can be converted into cash.
You seem to imagine that anything either Stanelco or PM1 says can be taken as gospel. If you haven't already done so, may I suggest you read the RNS's over the past 18 months or so and then look at the reality of what followed.
As for PM1 - it is clear now you are not him as he would have become abusive by now, so apologies for suggesting you might be! Ask yourself why he has needed to retreat to the safety of his own website (after being banned everywhere else) before you trust his wild claims.
Nice gain today but still based on expectations - lets hope we can see some concrete deals soon, which will lead to income, which will lead to a sustainable SP and possibly further rise to add to my 130% profit!
Another good example of 'Stanelcospeak', Tony. I rest my case.
rpaco
- 25 Apr 2006 16:21
- 16155 of 27111
I've been in for 2 years now and bought at every price from 4p to 19p.
Anyone know why the Asda Greenseal conversions have not been carried out? Could it be that SEO did not invest in a number of sealing machines themselves to act as bank stock so that each Asda machine could be replaced with a ready converted one? (Obviously one of each type would be needed and could possibly be sold after the conversions were finished) If they wait for each machine to be taken out of service they will never finish. They surely should have been doing at least 2 per week. This worries me in as far as if their organisational skills are really not up to it, I cant have much faith in full exploitation. Is the method of operation of the new machnes so different that complete operator re-training is necessary?
If all the company potential rests in a few brilliant engineers and chemists and a fast talking mouth at the top, it will never flourish unless it is taken over. It needs to have well managed motivated people actually doing the grafting, no matter how big the MD's or CEO's mouth is. That applies both to the service engineers doing the converstions and the sales and marketing people.
If Starpol is successful might there not be a reason for the oil industry to buy them out. Or to copy the process, this can easily be done in countries who are not particular about patents. (Look at the pharmecutical industry)
Another thought, this (Starpol) is starch based, where does the starch come from? I suspect that sugar has a large part in it. (no doubt I will be proved wrong) Sugar has risen hugely in price due the biofuel industry starting to kick off. Renova RVA have climbed from 80 to 260 in a year making Ethanol based fuel. Sugar cane plantations are failing because of the climate change so SEO will eventually be subject to raw material cost increases.
Any thoughts on the above ramblings? (My average buying price is 17.18p)
johnny the fox
- 25 Apr 2006 16:23
- 16156 of 27111
EW
I didn't 'anticipate' or 'might be' investing in seo. I have a big invest in seo. All I am saying is don't get caught out by unsubstantiated hype & rumours from certain quarters that may or may not be true.
oblomov
- 25 Apr 2006 16:30
- 16157 of 27111
Shown as a big sell (1,095,000) at 16:24, but the price has ticked up. Was that a buy, maybe?
Edited at 16:37 with:- The tick up has now gone back, so probably a sell!
oblomov
- 25 Apr 2006 16:35
- 16158 of 27111
rpaco,
We do not have an up to date number of machine conversions, to my knowledge. The 2 conversions were prior to technical problems which I believe we have been told were overcome (though, in view of some of the above posts, I cant remember by whom - hopefully not PM1!).
No sugar involved in starpoL to my knowledge. The starch is (or can be) taken from corn, rice, potatoes etc. Rice and corn presumably easy to produce, sustainable and cheap.
garyble
- 25 Apr 2006 16:40
- 16159 of 27111
Rpaco,
I believe {from pre-close update etc} that SEO have purchased substitute sealers to increase conversion turnaround. I think that was the case since last September.
The main problem they had with the conversion rollout was the tooling issue, which we're led to believe they have overcome with the help of Birmingham Uni.
A buyout is always posible, but ~25% of shares are held in a trust for HW's son, and I'm sure most see the potential of this company so they'd have to go some to gain the shares! Not sure if the oil industry itself produces the plastics, most likeley their customers. The micro-manufacturing plants are targeted at the existing petro-plastics producers.{edit: probably the manufacturers further down the chain....memory fails me!}
The raw material for starpol is primarily PLA, this is a starch based material coming from "corn" not sugar cane.
As an aside: The price of sugar in Europe is to be reduced by ~40% over the next 4 years. This is part of the reforms imposed by the WTO against the "Sugar Regime" cartel. Of course other factors such as fuel costs will muddy the waters. But currently the sugar producers in the UK are taking the hit, which is a pretty big one, as there is stiff comptetion etc.
barney12345
- 25 Apr 2006 17:02
- 16160 of 27111
OBLO JJS
JJS I agree buy before the news. Which is why i bought 4yrs ago at 3p.
The actual quotation from the press release is The company is engaged in substantive commercial negotiations with a number of large end users including some of the world's biggest companies and with several converters who will be considering Micro Manufacturing Facility contracts around STARPOL 3000
Will be considering, I am considering buying a lottery ticket but I do not claim I am a millionaire
If you did not like my earlier quotation try these.....
'This is a major step forward in taking our products and technology into the US marketplace. We are excited about the prospects for Starpol 2000 as a global standard in packaging materials. We will update the market as our commercial trials take place.'
umm scrap that buy starpol 3000.
Stanelco PLC (LSE:SEO) introduces PulsLine(R), the latest intelligent, anti-counterfeit label on the market. Designed to protect against fraud and product tampering, PulsLine is currently available in the United States and United Kingdom.
Anyone heard of this again july 05
ORLANDO, Fla., Jul 26, 2005 (BUSINESS WIRE) -- Stanelco Inc., the American subsidiary of British-based Stanelco Group (UK:SEO) , has received a conditional commitment from joint venture partner SP Metal to buy 10,000 metric tons of its new biodegradable resin material, Starpol 2000(TM), for $25 million a year.
Nearly a year ago did the order get placed is the 25 million bucks in the bank???????????????
Stanelco PLC
30 September 2003
Stanelco plc
Edible food sachets
This announcement is made in response to a recent press article about the
Company.
Stanelco the RF (radio frequency) applications group confirms that the Company
has invented an RF process for sealing edible food sachets and is in discussions
with a number of organisations, including Sainsbury's, about developing
applications and licensing this technology to food manufacturers and brands.
Remind me JJS how we much we earned from Sainsburys this year. This announcement was 3 yrs ago.
I could on and on and on
barney12345
- 25 Apr 2006 17:06
- 16161 of 27111
JJS re above I do not mean to be negative i have been here 4 yrs and really really beleive in SEO but pls pls pls do not think because they issue some press release in the us that we are all going to be rich.
JJS
- 25 Apr 2006 17:25
- 16162 of 27111
A nice afternoon, and a finish on the high of the day :)
Plenty of questions for you all to ask at the AGM if you really want the answers, as the company has the ability to divulge information that should satisfy 99% of investors inquisitiveness, facts like the one's SEO hold that allow them to make the bullish statements like those in todays BW release.
I asked PM1 where he got the info on WMT+Tyson and I am happy with his reply, if you wish to check personally, I suggest you email him before the deal rolls in.
JJS
- 25 Apr 2006 17:30
- 16163 of 27111
Barney,
We are though.
Just ask them at the AGM how many MML's they are planning, and if Tyson and Wal*Mart are looking at Greenseal+Starpol for one line of trays, utilising 75,000 ton of Starpol and 500 sealers. Ask them if Coca Cola want Starpol 3000.
oblomov
- 25 Apr 2006 17:39
- 16164 of 27111
Barney,
You've got the job of the thread's Chief Archivist!
I'm surprised you didn't come up with the Reisner deal - cant find it myself, but I seem to remember from the RNS that the deal was as good as done and dusted, prior to Walmart becoming involved. Can you put your hands on that one?
JJS,
When you speak to PM1 next ask him what happened to the 25 SP he was promising a year or so back. See if you're happy with his reply to that one ! lol
barney12345
- 25 Apr 2006 17:44
- 16165 of 27111
JJS
Have emailed Paul and will ask SEO at AGM, the trouble is will we believe their reply.
I still comeback to the fact they told me in 2003 they had a deal with Sainsburys for edible sachets, i am still waiting for that.
But agree eneded on a high note and we are heading north so alls well, and i do believe it will happen just get sceptical.
oblomov
- 25 Apr 2006 17:45
- 16166 of 27111
I've found it - RNS of 17th. August 2004 - makes interesting reading.
.....
Re Agreement
Stanelco PLC
17 August 2004
17 August 2004
Stanelco PLC signs Exclusive Tray Lidding Deal with Reiser in the US
Stanelco PLC, the RF (radio frequency) applications group, is pleased to
announce that it has entered into an exclusive, non-binding heads of terms with
Robert Reiser & Co., Inc. ("Reiser") concerning the use of RF sealing technology
in Reiser's tray lidding machines in the USA and Canada. This arrangement also
includes a non-exclusive licence covering the use of Stanelco's RF technology in
thermoforming and other packaging technologies.
Reiser has been selling and servicing high-quality food processing and packaging
equipment since 1959.
In accordance with the heads of terms Reiser are targeting a minimum of 120 new
or converted machines using Stanelco's technology during the first 12 months of
the full agreement. An annual licence fee will be agreed for each machine. In
addition, Stanelco and Reiser will be working together to develop this
technology into newly designed equipment.
Ian Balchin, Chief Executive of Stanelco, said:
"We announced our technology breakthrough on 16 July, and we are particularly
pleased that Reiser has moved so quickly and positively to take the technology
forward. Our world leading sealing system will help Reiser stay at the forefront
of the packaging industry and we are excited about the potential of this
relationship going forward. We look forward to working with Reiser on the
incorporation of our technology into their tray lidding and other equipment and
helping them deliver the benefits to their customers. We continue to have active
negotiations with a number of machine manufacturers, end users and large retail
multiples concerning other territories."
bosley
- 25 Apr 2006 18:11
- 16167 of 27111
here's a coincidence for you. the asda/starpol trials have failed . ( how do i know? because there has been no rns to say they were successful. this is the seo way. when it comes to nothing ....say nowt!!) there have been no further announcements re greenseal. d'ya think that's because they have been busy converting or is it because there have been no further conversions? the seo sp is dying on its arse. then ..... wanker pm1 reappears in new disguises with privy information. (do you really want to be an investor in such a leaky company?) super, wonderful starpol 2000 has been binned and replaced by magnifcent starpol 3000. the agm is coming up.
sold out last month and happy to have done so. seo is a different company when you look at it dispassionately. (try it.) it is a company that promised much, that lied to its shareholders, and it is one that has failed spectacularly to deliver.
if i'm wrong, then i'm wrong and good luck to all holders. it's just the way i see things now.
zscrooge
- 25 Apr 2006 18:12
- 16168 of 27111
Barney, Oblo, Bos
Scepticism fully deserved but if the herd chases it up, it is possible to ride the wave (and then down again LOL)
stockdog
- 25 Apr 2006 18:29
- 16169 of 27111
Speaking as an ex-chemist, sugar is not starch technically, so Starpol unlikely to be made from sugar which would need to be taken "back" a chemical stage to starch before it could be used for Starpol. Better to use corn etc.
WDIK
sd