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

Agreed, Driver, but I do feel that AGM Statement to be crucially important, in the short term at least.

If the market doesn't receive clear news from SEO on the points made in that statement (particularly the two I've spoken about), and within a reasonable time, SEO will lose all credibility.

oblomov
I never said the AGM Statement wasn't crucially important it's just the best place to read it.

WOODIE

It was actually fairly stable from around last November till last week. The last week has seen a sudden drop, far more dramatic than the fall since last May.

It would have gone down after the AGM Statement if there were reasons other than the general market fall behind the drop.

I'm confident it has gone down with the rest of the market. Show me a small cap that didn't. (God, I bet you will now, but I haven't noticed any, lol.)

Driver, thats the best place to read anything!

oblomov
Stop lowering the tone.

Oblo Its not that I don't believe in SEO ,but for reasons I stated earlier , I'm risk adverse at present and it had to go along with most of my shares.If there is A1*****news then there will may well be be a spike followed by a correction ,then I will buy back.

Andy,

Taken from Interims last year:
"The initial focus will be on the North American market, where polypropylene is widely used for food trays and where there is increasing demand for biodegradable packaging. Starpol 2000(TM) additionally provides a stronger gas barrier for modified atmosphere packaging (MAP) which helps to lengthen shelf life. Sample product has been manufactured and discussions have commenced with major retailers"

It would appear that there is an improved gas barrier with Starpol.....unless SEO are simply wishing it to be so.

Comments made:

andysmith - 19 May 2006 22:30 - 16733 of 16752
.......Many materials currently used have gas barrier properties to maintain product shelf-life and I remain unconvinced that PLA based films will be able to achieve the requirements of many applications for fresh foods.
Reduced shelf-life would mean reduced profits with increased waste.

However it should be OK for applications such as burger cartons etc as a replacement for PS which is difficult to dispose/recycle and if approved here the potential sales are high, but what will the profit per tonne be?........

and:

andysmith - 19 May 2006 22:59 - 16736 of 16752
Eric, have to confess to not following all developments as closely as I did but a few days shelf-life can make significant differences to profits.
When SEO thought that Greenseal did this, RNS's were issued, if Starpol (PLA) does not match current barrier properties then it will need a really commited retailer to adopt it and manage the logistics and product stock control........

I would presume that Starpol 3000 is an enhanced 2000, ie similar properties but clear.

I get the impression that the management is pretty switched on, so should not likely make the same mistake twice. They've been through the mangle with ASDA and I would expect them to be alot more specific with Walmart and that would include the actual value of the deal with milestones.

As Tyson was also involved, I'd expect a rapid trial and take-up, along with timely updates.

Thats put me in my rightful place!

I know charts are not everything or even far from it, and I know a lot of you guys have done your bollocks on this stock. However, I have just had a look at the larger chart over the last 3 months, there really can be no reason to start buying this share now except in blind hope or panic over common sense. There are much much better stocks to play with that have also taken a hammering but with much better fundamentals.

Great,

Thanks for your opinion cynic, much appreciated.

Garbyle - not convinced of the sincerity of your posting, but it may come as a surprise to some that I generally try to post intelligently, even if I am not always successful. In this specific case, I can view the share totally objectively.

Cynic,

Appreciated. Please give us your opinion again in a couple of weeks.

Smart arse .... I'll watch and comment accordingly

Cynic,

Charts are great for showing us what has happened in the past - they are not a crystal ball, however!

Quiet lol !

I go with the increasing optimism I read from Oblo & Gary. Sorry MadPad is not with us at this moment but appreciate he might have other needs/agendas.

I quoted WBuffet the other day, I repeat it now "The Stock Market is a wonderfully efficient place for transferring wealth from the impatient to the patient".

Sure the SP did not do as we hoped a year ago, even nearly 2 years ago for me, but looking back, as Cynic prefers, I see a larger game was going on than I saw originally, not without hiccups I grant you. But I feel SEO are getting there sufficiently well to keep my holding intact.
Tony

One or neither of us may be right .... sp may stay exactly where it is now (10p) ..... Tony - you will note that I mentioned (not) buying now, rather than selling up and moving elsewhere ...... Different criteria.

Everybody liked the story a year ago and chased it up on potential and frequent RNSs to 28p despite poor fundamentals.

Now, with fears of interest rises, money is coming off the table or being rerouted into safer plays. Blue sky plays suffer more and return to more likely market caps - until we all get confident again.

Oblo, the problem with any statement from SEO is that nobody believes them anymore.

Great buying opportunity though.

Good posts Andysmith and Eric.

Cynic - your comment in 16753 "...I have just had a look at the larger chart over the last 3 months, there really can be no reason to start buying this share now except in blind hope or panic..."

Forgive me if I misread/misinterpreted this but I see that as basing your present stance on the past performance or 'looking back' (which I generally consider most TA/charting to be). Of course investment and present criteria and circumstances change (see MadPad) but that is the present and furure and not within that statement.

No intention to cause offence or ridicule - just giving my own views on things, which we are all doing here, hopefully, for the benefit of anyone bothered to read us.
Tony :-)

Tony - I never take offense or I would be sulking for most of my life! My view was based on the fact that sp has been heading south for a long time and with no indication (or likelihood imo) of any change in the trend, I see no logic at all in putting new money here .... which is not the same as staying put if you are unlucky enough to be a holder.