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

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)

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.

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!

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.

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.

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

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.

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.

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.

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

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.

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."

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.

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)

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

Bos. Its interesting how we can read the same events and publicity through different eyes. Once bitten, twice shy, they say. Reckon I've twice bitten and have come back the third time! I think I have read SEO correctly though. Tremendously strong in terms of technical innovation and, I believe, also in understanding market potential; witness the homing in on food packaging and the acquisition of Biotech. The lead guys though tend to move on to ever larger pastures new without seeing the initial babies through their gestation. Its not that Greenseal is forgotten but responsibility is delegated to relatively junior staff whilst the top guys move onto the new opportunity. The ASDA deal is dwarfed by the WalMart potential - why stay in your own back yard when you can conquer the world. Is that all negative: yes if you would like to see conventional growth and the present sp justified; no if you consider the size of the enlarged opportunity and consider they might, sometime, deliver. Its like setting out to climb a little foothill to the Himalayas and not bothering about the first peak(s), continuing for the largest goal. I understand the mentality, I think, and perhaps see the plus points. But I wouldn't like to be away from the share when the breakthrough comes, which might be before long. I don't think its pie in the sky.

Eric

For Oilywag

Regarding your requests for questions to put to the directors of the company.

I don't think that my questions should "skewer them. That is, if they have genuine answers." If you had as much money tied up as I have, then you wouldn't have treated my email as you have done. I don't think you response to me has been seen as clever, rather as been patronising. Either you want to put forward questions on the behalf of members of the BB or you don't. You can't pick or choose, unless you are another time waster. As you can guess, I don't rate your response to me. I find it very telling that the board issued a statement via business wire rather than a RNS, which given the nature of the statement they should have issued a RNS. My question 1 vindicated. Either you are prepared to ask questions on behalf of this BB, or your not. Which is it? Man or mouse?

Remember, this is money involved, not ego.

The news today was released by Business wire, because it was not possible to offer any statements on the value of the news in pounds/dollars/why (I asked them)

The news today is great, but it's still early days for Starpol 3000. If they can get a few tray and film manufacturers to sign up for the licences, then we will get some idea of the scope.

Will there be more news leading up to, or on the day of the AGM ?

Bos tend to agree but think you have reached a tipping point that i have not yet.

Oblo we both forgot the 1.5 billion trays announced last year.

Have received PM1's email and sorry no offence Paul or JJS but it is in no way compelling. Just my opinion.

This management team cannot deliver they could not even deliver a pizza, a greensealed pizza at that.

PS A bottle of champagne to the first poster who spots and posts an RNS or news item for starpol 4000

For rmhyams

Lighten up will you. My remark was light hearted and ended with "lol(ling about)" which meant that I was not being serious and there certainly was not any intention of being patronising. The skewer remark was an indication that I thought your questions was "penetrating".

How would I know how much money you have invested? I have a fair amount tied up in SEO as well.

If you really have that amount invested perhaps you should make time to attend yourself.

Man or mouse? Try moose! - with big antlers.

Ego?! Mmmm I shall sleep on that.

The oily one (with horns)