bosley
- 20 Feb 2004 09:34
tweenie
- 30 May 2006 12:49
- 17042 of 27111
Apologies if this has already been commented on, but with all the doom and gloom , needed something uplifting to look at.
http://www.prw.com/main/newsdetails.asp?id=5513
Stanelco in US talks on biodegradeable polymers
By Greg Pitcher 10/05/2006
The UK company is hoping for big sales into the US retail market.
10 May 2006 UK company Stanelco is holding talks about its Starpol biodegradeable materials with six extrusion and thermoforming companies in the US, which supply packaging to a major supermarket and a top fast-food manufacturer.
Stanelco is hoping to license its Starpol technology to the suppliers in return for a share of the profit.
Chief executive Martin Wagner told PRW.com: This supermarket alone could order hundreds of thousands of tonnes of material, and we do not have the capacity, so we are talking to its suppliers about licensing them our technology.
There is slower progress in Stanelcos Greenseal technology. Deals were signed for the radio frequency sealing technology in July 2005, but Stanelco admits it has still not made its first delivery.
Wagner said: We were slightly nae thinking it would be easy to retrofit machines. We had to buy replacement machines in the end which took three months but now we are up and running. We will be placing the first contracted machine in the next eight weeks.
barney12345
- 30 May 2006 13:45
- 17043 of 27111
Walmart AGM this Friday, not that it means much but an announcement would be v nice. Seriously doubt it though.
rpaco
- 30 May 2006 16:24
- 17044 of 27111
I only saw this this morning because my connection has been intermittent, (BT improving it!) but looked back in the thread and cant see it anywhere
Stanelco PLC
25 May 2006
25th May 2006
Stanelco plc ("Stanelco" or "the Company")
WRAP 100 receives US FDA approval
Stanelco is pleased to announce that FDA compliance for its new material, Wrap
100, has now been confirmed by Pira International (the UK approved testing house
for the FDA) for food contact approval.
This material's properties do not allow oil or moisture to pass through it,
whilst permitting moisture vapour to permeate out. It can be used for hot, fast
foods like burgers as it stops condensation occurring that can adversely affect
food quality. Unlike waxed paper, it is a fully biodegradable material with
obvious environmental benefits and can compete on a cost neutral basis with such
materials. Wrap 100 is significantly lighter than existing packing, which
presents potential cost savings and in addition will provide customers with
reduced transport costs and landfill taxes.
WRAP 100 is currently being trialled by a major quick service restaurant and has
passed preliminary testing. With this approval it can now undergo live trialling
in restaurants.
The material can be used in any application where waxed paper is used. In
addition due to its heat sealing qualities it is also possible to make bags out
of the material at a competitive cost relative to paper bags which have to be
glued. The approval allows the full range of applications to be live trialled in
the US by prospective customers, not just within the quick service restaurant
sector but across the retail sector in general.
Martin Wagner, CEO of Stanelco, commented:
"We are very excited about the opportunities for WRAP 100. It has properties
that will help significantly improve packaging quality in the fast food sector,
whilst at the same time providing benefits to the environment. FDA compliance
allows live trialling of the product and means that it can be sold for food
packaging applications within the USA.
"Stanelco continues to research and develop other new product ranges using our
IP to maintain our reputation as a market leader in new packaging materials and
systems across the globe.
"On another matter, I am pleased to update the position on Greenseal
communicated by our chairman at our recent AGM. We are continuing to make
significant strides with our Multivac conversions with trials into both a salad
and meat supplier to Asda going well. The Proseal AP60 currently being converted
for Hitchin Foods is consistently performing in our factory in Southampton
having run for 8 hours continuously for several days without any issues."
- Ends -
barney12345
- 30 May 2006 16:28
- 17045 of 27111
rpaco it is on pg 849 and commentary thereafter
rpaco
- 30 May 2006 16:42
- 17046 of 27111
Oops sorry I didn't look back that far!
G D Potts
- 30 May 2006 17:06
- 17047 of 27111
Another fantastic fall today! Although I am barely suprised anymore to pull up a quote and see Red.
oblomov
- 30 May 2006 20:05
- 17048 of 27111
EWRobson
- 30 May 2006 21:17
- 17049 of 27111
Not sure how a fall can be 'fantastic'. I suppose it is if you are a shorter, or short-sighted. Buys outweighed falls by more than 2 to 1 today yet the price falls 8%. Lots of buying and no movement, then a smaller number of sales and down goes the price. Hopefully a bounce back tomorrow.
Nice pic, oblo. What that he's flipping - looks like an olive or evil O in reverse!
Eric
oblomov
- 30 May 2006 22:11
- 17050 of 27111
He's 'yo-yoing' Eric (like the SP?) - thats the point of the pic! Its a yo-yo.
EWRobson
- 30 May 2006 22:54
- 17051 of 27111
Thanks, oblo - its awful when you have to explain your jokes, particularly to stupid old f***s. Never had a yo yo like that when I was young, which I can just about remember. Mind, the people who benefit from yo-yo'ing share prices are the MMs; can't think there is enough movement for the trader. In my next incarnation, I think I'll become an MM.
Eric
markusantonius
- 30 May 2006 23:14
- 17052 of 27111
Nah, better to reincarnate as a CFD provider or a placement broker, Eric - % for placing, % for buying and % for when one of their TA'd tips goes belly up and hits that tight stop-loss - they win WHATEVER happens to the rest of us - up, down or sideways - brokers/desk salesmen don't give a ****** t*$$ as long as they make their "cut"!
Sorry, just had to get this off my chest, long overdue pent-up frustration! :o(
oblomov
- 31 May 2006 08:12
- 17053 of 27111
Sorry Eric, I'm a stupid old f*** myself - which is why it it was a such weak joke (not unlike the SP at the moment)!
My yo-yo was made of stone or bronze, I think - cant really remember.
watcher
- 31 May 2006 13:05
- 17054 of 27111
if this gets much lower i am tempted to fill my shopping basket again
watcher
oblomov
- 31 May 2006 16:55
- 17055 of 27111
Whats the logic behind a share going down 5+% on a day with no adverse news and where there have been more buys than sells?
Is someone having a joke ?
G D Potts
- 31 May 2006 17:17
- 17056 of 27111
Just read the Shares Magazine most weeks, that question is usually sent and answered repeatedly in the Letters Section.
garyble
- 31 May 2006 17:40
- 17057 of 27111
Someone commented that buys have been greater than sells for a few days and yet each day the sp has reacted negatively.
In any event, if the sp had reacted positively, it would simply tread water untill meaningful news released.
At this point, there's no use pumping the price up as witth no news any rise would be short-lived.
4 more weeks in which SEO must confirm their first commercial GS installation , or else another misjudgement of timescale.
tweenie
- 31 May 2006 18:00
- 17058 of 27111
I'm quite happy to buy more shares at 5p or less.
I'm quite happy to hold at 5p or over for a good few years.
It's only money..
lol
G D Potts
- 31 May 2006 19:07
- 17059 of 27111
I'd love to get out even, but for know I have to hold and hope.
GOTYA
- 31 May 2006 22:33
- 17060 of 27111
7-12p trading zone is what I indicated when it last spiked. Those who thought I was mad selling near 10p, like our regular Russian, might want to reconsider.
Still no GS orders and non coming soon.
Only the results to come with a 4+ million loss.
90 mil cap way way too high. The market punishes non delivery, it's GS orders they want to see, the 200 asda conversions promised 12 months ago and not even 1 done yet. Deals were signed for the radio frequency sealing technology in July 2005, but Stanelco admits it has still not made its first delivery.
Lucky for you they have biotec. Good luck, you'll all need it in the next week.
I'll buy back but not with this risk profile in volatile markets.
Sharesure
- 01 Jun 2006 06:54
- 17061 of 27111
Page 10 of Shares Magazine 1/6/06 makes good reading. Article confirms a trial with a hamburger company for its new wrapping. Company has refused to name which hamburger company but Persico is also mentioned in the article. Let's hope this is the end of the news famine and perhaps a better sp from now on?