bosley
- 20 Feb 2004 09:34
oblomov
- 26 Apr 2006 09:06
- 16192 of 27111
You didn't believe that, did you?!
No disrespect to ssanebs, whose posts I have no doubt are made with total honesty and are genuine, but JJS just because someone posts something on a BB beginning with 'I can confirm...' that doesn't necessarily mean it is fact. I'm pleased you enjoyed your meeting with PM1 - I've read accounts of people who met the Kray twins and apparently they were nice chaps too! (And before you accuse me I'm not putting PM1 in the same category as them!).
I'm sure it is a possibility that representatives from Tyson, Walmart and many other fine U.S. companies are in the UK at the moment - I expect they always are for one reason or another. But until some deals are signed and some cash comes in it doesn't mean any more than any of the other SEO PR we've become used to over the past few years.
And the SP so far today - well, after the Lord Mayors show!
Now I'm off for a break for a week or so. Nothing more from me for a while.
garyble
- 26 Apr 2006 09:53
- 16193 of 27111
Bos,
Wasn't knocking you and do respect your views, was simply a complete shock to see you so anti when you had be quite pro. I have certainly tried to see a significant downside to SEO and still can't as yet although I only entered in Feb 2005 and expect this to be at least a 3 year play.
That said, fro you entry point of ~3.5p 3 years ago you would still have made at least 300% profit, which is no bad thing.
In any event, good luck.
garyble
- 26 Apr 2006 09:55
- 16194 of 27111
Well there's your answer Oblo....interesting couple of trades!
ssanebs
- 26 Apr 2006 10:03
- 16195 of 27111
it is fact as it has been confirmed with evo's
robinhood
- 26 Apr 2006 11:25
- 16196 of 27111
This certainly not a share for the fainthearted but with Walmart saying to are going to use corn based packaging-with one US head of packaging saying SEO a worldleader in 3 out of 5 categories-with Walmart and Tyson visiting UK I can only be optimistic about this baby although I wish it stopped crawling and started to walk
JJS
- 26 Apr 2006 11:59
- 16197 of 27111
Three more days for the SP to get up a head of steam towards AGM time, things could get even more interesting.
Good to see EVO backing up the Wal*Mart+Tyson story, well done to ssanebs for taking the time to check, rather than hurl abuse and try and discredit the source like some (as usual), pity those that didn't listen when the story was Emailed by PM1 on Monday, will they ever learn ?
rmhyams
- 26 Apr 2006 12:26
- 16198 of 27111
For Oilywag
Will lighten up now. As for attending - good point. Unfortunately, I live up in the Highlands of Scotland presently, and my business can't afford me the time to attend. As a result I would be grateful if you would ask the qestions on my behalf. With your antlers (with horns) I'm sure that they daren't refuse you.
Regards
KEAYDIAN
- 26 Apr 2006 13:15
- 16199 of 27111
Em, the price seems to be going the wrong way today.
TheMaster
- 26 Apr 2006 13:31
- 16200 of 27111
Due to the MM's automatic trades droping the sp, duping punters to sell before the good news next week, in order to sell them back at a higher price.
KEAYDIAN
- 26 Apr 2006 13:33
- 16201 of 27111
One day I'll get the hang of this game, hell I might even make a profit.
Barry Harris
- 26 Apr 2006 13:40
- 16202 of 27111
Looks like mm`s getting stock to sell higher later imo
JJS
- 26 Apr 2006 15:27
- 16203 of 27111
And plenty of it !
Back up again by the close ?
barney12345
- 26 Apr 2006 17:46
- 16205 of 27111
BOS in answer to your question, I think 10p would be the tipping point for me. but do not see it going that low, esp if this news really does come, but v dubious.
May be i am worrying too much but the news that walmart are going to speak to Grampian and get it from the horses mouth scares the xxxx out of me, what are Grampian going to say, well it took 12mnths to get right it keeps breaking etc etc and we do not know for sure that it does work now, I mean why no news release i would have thought knowing SEO that it would have been shouted from the rooftops that they are now in full ramp, on the brighter side they may say well it seals 99.9999%, it lasts longer, its cheaper, etc etc and why take walmart there unless you know Grampian are 100% positive??
Heres hoping
garyble
- 26 Apr 2006 21:58
- 16206 of 27111
PET is expected to slip
Purchasing January 3, 2006
Analysts reckon prices of polyethylene terephthalate (PET) resins will slide and then stabilize far below the recent peak because of decreased prices and expanding supply for key raw materials.
Bottle-grade PET resins spot price shot up 18/lb to 95 in the wake of the two hurricanes that rocked the Gulf Coast in late summer. However, most feedstock ethylene glycol and paraxylene producers are back on line, their prices have been returning slowly to normal levels. Bottle-grade spot PET slipped back to 85 in December. Thats why PET averaged 85 price for all of 2005, up from 69 in 2004; Purchasingdata.com has a 2006 full-year forecast of 84. Analyst Jeffrey Zekauskas at J.P. Morgan Securities says the PET market could be turbulent in 2006 because of fluctuating raw materials pricing. He points out that benchmark PET contracts set in November and December declined by a total of 14/lb and suggests a first quarter spot-price decline of as much as 7/lb. He says supply growth is expected over the next two years is expected to surpass demand growth, which could become a pricing depressant. "Recent volatility and historically high prices for PET are leading consumers to look for alternative plastics sources," says Zekauskas. "Applications such as food containers and sheet wrapping could see substitution of polypropylene and polystyrene."
from:
http://www.purchasing.com/article/CA6296054.html
garyble
- 26 Apr 2006 22:06
- 16207 of 27111
2006 average PET price of 84/lb in my calculation equates to $1,848/tonne.
This gives a reasonable basis for comparing the cost of Starpol.
garyble
- 26 Apr 2006 22:21
- 16208 of 27111
The spot price for polypropylene is approximately half the PET price.
Oilywag
- 26 Apr 2006 23:46
- 16209 of 27111
barney
I can't imagine SEO playing Russian roulette with their future business prospects in the USA by taking WalMart to Grampian if they - Grampian and SEO - were not reasonably sure that the machine they showed them in a commercial environment was not working close to 100% efficiency can you?
The oily one
stockdog
- 27 Apr 2006 07:44
- 16210 of 27111
garyble - I think your maths may be a little off.
84c/lb divide by 1.75 = 48p/lb multiply by 2.2 = 105.6p/kg multiply by 1,000= 1,056/tonne ??
EDIT: I see now that you probably meant $1,848/tonne - correct maths, wrong symbolism!
sd
JohnScarrott
- 27 Apr 2006 08:36
- 16211 of 27111
Oilywag,
I agree, and I think the deal is almost done, the visit being just a way for Walmart and Tyson to confirm with Grampian staff, that everything is 100% OK now.