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driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Take it you'll all be rushing off to see Wal-Mart: The High Cost of Low Price at your local arthouse.

AGM tomorrow.

I have no chance of getting across to it.

Who is going?

Please report back.

stateside

stateside
I will be there from the start and 2 others will be there but probably arriving later. We will report back here during the evening.
Tony

Greekman. What breaks plastics down the most is ultraviolet radiation ie being out in the sun. That and ESC (environmantal stress cracking) which can be caused by the most unlikely chemicals. EG a flexible storage bin which turns brittle after a label is stuck on it. A Plastic Kettle which was allergic to a common flyspray. Im not a chemist but I dont think seawater would harm most plastics. Being kept out of sunlight at the bottom of the sea would help preserve it.
(In my last job I was involved in designing roof aerials for cars and was frightened to death by the ESC course I went on at RAPRA ).

I was under the impression that if there were anything significant to announce at an AGM, there had to be an RNS release of the AGM statement, simultaneously to the AGM.
I may be wrong, but if I am right then no RNS = No significant news to emerge and we will be relying on probing questioning from our Paxman type posters and nudge nudge chats after the event.
Alan

I doubt there will be any major news today. BUT, in the event there is, the release will be timed to coincide with the commencement of the AGM...thats purely my guess.

Alan,

I suppose they'll do the AGM statement as they did last year once the AGM has started. I think is was half year end last week also so the statement should give a nice update.

We'll see.

So there is the RNS.
A quick scan is full of promise, but timescales and figures are in short supply again.
Alan

rpaco,

Cheers for that, interesting.

The RNS promises much, with comments such as on the cusp. Talks at the highest level of negotiations, the opportunity to demonstrate to a senior contingent of the Wal Mart meat team a commercial installation of GREENSEAL currently being trialled at Grampian Foods. The update on interests in frogpack ,the challenge re RF sealing been met and overcome, and so on.
Without a positive statement such as contract to be signed, roll out of certain number of machines etc, this won't push the sp up wards. My comments may be taken as negative, but they are not meant to be as I am even more confident in the now not to distant future. Will be nice to see the write ups from AGM attendees late today.

Tomorrow's jam will be Greensealed, Starpolled, CradleWrapped and dropped from a helicopter into supermarkets, in a FrogPack. Yes more promises and expecations but there is a certain air of confidence that has not been quite so apparent before. We'll get there!
kim

Yep,

Greekman, agreed. Just need patience, but expect the sp to retrace a tad on no significant news....all very, very promising but does not yet pay the bills!!

We seem to have a new product, and what is Frog Mat.

Starpol Wrap
Which is an ideal product to replace waxed paper for burger wrap
and other deli counter applications.

Having read it properly, it is very encouraging, and I can't think of any other share where a statement like that would not ignite the sp. But this is SEO, with a history of promises and no fulfillment, yet.
I am still a very happy holder, and get very excited when I read of senior level negotiations with some of the worlds biggest companies, and of SEO having the opportunity to present, on WM's behalf, to WM suppliers.
But, on a note of caution, I read that the vertical filling packaging was not as complex and full of problems as the tray lidding. This is the first time, to my knowledge that SEO have acknowledged tray lidding to have any problems other than tooling. Or am I being picky?
Also, why no update on the filter tow? Is it being quietly forgotten? I would have thought that if cradlewrap, frogpack and other obscure sidelines were worthy of update, then surely the filters were.
An (on balance) happy Alan

I think the initial responses here are on the ball. I find the statements made credible and the difficulty of the process is not understated. JJS (/PM) is justified in the claim regarding the WalMart meat visit and the Perseco potential is spect out. A couple of references could be the continuance of over-optimism but support the air of activity and negotiation. Should support the current sp and attract some institutional support on a longer term basis.

Eric

Alan: tooling is a pretty all-embracing term; the fact that they were demonstrating to WalMart at Gardiners is positive though and demonstates that ASDA are confident enough to join in the marketing effort to their parent. As I recall, they gave themselves 6 months to negotiate the filter business; not of the same order of importance as Greenseal and Starpol so not the time to comment. presumably will come up in questions.

Eric

I seldom disagree with you Eric, but on this occasion I will!!!
If the statement is read as full steam ahead, big things around the corner, then we should also read it as big investment of time and resources to create a worldwide product that is lucrative and long term.
Investment in the future requires lots of cash and there is no mention anywhere of the auction process or Quantum. These are the 2 income streams that might help finance what looks like exponential growth.
I'm not unduly concerned, but I would have thought that the financing of such growth was as much a major consideration in the business plan as finding the customers and getting the technology right.
perhaps I'm being overly pessimistic.
Alan

SEO are certainly busy with thirteen products on the go and now Starpol Wrap and Frog Mat what ever that is with all this surly some thing must happen over the coming months happy to hold.

Research Page is updated

54) AGM Statement 2/05/2006

http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread

Bits I like and potential for lots of short term news I think :

"Both are on the cusp of full commercialisation and our major task now is the
fulfilment of the commercial potential that these technologies both offer"

"However the challenges that have been met and overcome set us in good stead to roll out this technology both in the UK and in the US. Over the long run we have the ability to make up any shortfall within our roll out program. We continue to work with and be supported by ASDA in establishing this technology. We have amended our strategy to assist the end user with a combination of temporary machinery and by having dedicated teams available to fine tune the R&D elements. Importantly the technology is now also being applied to the area of vertical-form-fill-seal packaging, for example with salad bags, which opens up our technology to another food packaging market which is less complex than tray lidders and thermoformers"

"We are working with some of the world's leading organisations with a
view to establishing micro manufacturing plants that will share the investment
in plant and facilities while ensuring that we can expand our production
capability to keep pace with customers' increasing supply needs for the Starpol
range of materials."

"The meat area at Wal Mart has been identified as the first area to trial Starpol 2000,3000 and Wrap products. Further discussions will take place during this week to clarify trial details."

"On 14 December 2005 we announced our agreement with Perseco, the international
leader in packaging and supply chain services to the food service and beverage
industries. We have a number of meetings in the US next week in order to move our exciting project in the fast food sector forward, in particular to endeavour to finalise details with regard to vertical integration into their supply chain by establishing Micro Manufacturing Facilities."


The last one about the Fast Food and Micro Manufacturing, should be the first revenue making deal I think !!

PapalPower
All well and fine but none of us on here no what cusp is except eric of cause.