bosley
- 20 Feb 2004 09:34
garyble
- 07 Jun 2006 21:02
- 17167 of 27111
Nokia (Finland), electronics company, has been developing biodegradable plastics for telecommunications in co-operation with plastics producers for several years.
The project is aimed at the safe and sound treatment of the plastic parts of discarded mobile phones, which should degrade into water, carbon dioxide and compost. Biodegradable plastics will not influence products' quality or look and will be as durable as the materials used so far.
oblomov
- 07 Jun 2006 22:40
- 17168 of 27111
Take your point. gary, but BASF are more likely to be able to deliver than SEO seem able to at present - they have a proven marketing record and are used to dealing with large companies. This could outweigh the downside you mention and make it more attractive to some.
greekman
- 08 Jun 2006 07:34
- 17169 of 27111
I also thought the same re Garyble ie...BASF is using 45% PLA and the remainder a petro-plastic {ecoflex} to produce Ecovio so not as eco-friendly as 100% starch-based plastic IMO and probably not as cost competitive. Also how far are BASF behind in the race to get a 100% none petro based product up to the testing / approval line and then full production, contracts and sales. But as said a few days ago the race is definitely on, with Seo a fair bit in the lead. Lets hope companies, who as Oblomov state have a proven track record don't overtake Seo on the last bend so to speak.
greekman
- 08 Jun 2006 08:01
- 17170 of 27111
Sorry wrong thread
oblomov
- 08 Jun 2006 08:39
- 17171 of 27111
Further thoughts on this, I wonder whether the 'common' consumer would care or even know that their carrier bags used 55% ecoflex. It would be enough for Tesco (for example) to announce they are using biodegradable bags - they are not going to go into the exact composition of the bags. The consumer would be none the wiser - there will be no difference between SEO bags and BASF bags as far as they are concerned.
Lets face it, the likes of Tesco are only going to move in the direction of BD as a PR job, to keep the customers happy and not be 'out-greened' by the opposition. They are not going to do this because they are concerned about the environment!
I wouldn't think cost would be an issue - a company the size of BASF can make this cost effective for a year or two to see off competition like SEO. SEO need to turn a profit quickly, BASF can wait.
Thats why I see BASF as a threat - hope I'm wrong.
greekman
- 08 Jun 2006 08:51
- 17172 of 27111
I agree that the likes of Tesco are only going green to keep the customer happy ( happy customer, more profit ) but as with all things competition is the key. When it comes down to the nitty gritty no doubt the company who is more green, IE 100% none petroleum based product, can advertise as such against a competitor. Companies as we know are always looking for an edge over a rival.
But yes all companies such as BASF are a real threat. The positive side is that with competition, SEO will have to pull out all the stops, if not as you rightly say companies such as the size of BASF can wait to turn a profit, SEO can't.
dawall
- 08 Jun 2006 08:54
- 17173 of 27111
From the 2nd May AGM statement:
"GREENSEAL permits large scale recyclability of oil based plastics and is energy
efficient, whilst Starpol is the world's leading product in sustainable
packaging materials that gives, in the case of Starpol 3000, a 100% sustainable,
biodegradable, low cost, functional alternative to conventional plastic. These
technologies appear to be without parallel in their respective markets."
I am presuming that for Phillip Lovegrove to state that last sentence he will be aware of all like competition and that they are all some way behind in terms of their reduction in environmental impact. I take this to include BASF, Symbphony, Natureworks etc. Maybe the way SEO might go will be to do a deal with a major like BASF who would then have the manufacturing & supply capacity together with the marketing muscle to push large scale uptake through quickly.
Any thoughts?
greekman
- 08 Jun 2006 09:06
- 17174 of 27111
Dawall,
Re a deal with the likes of BASF. Yes a good point. I think that if SEO products take off as we all hope there may be many licencing deals to follow. Either way, SEO on their own in the future or tie-ins with others, the future looks rosy. As they say time will tell.
kimoldfield
- 08 Jun 2006 12:31
- 17175 of 27111
So, who is going to work out what those 3x6,394,464 trades were? It would be nice to think that something positive is about to happen!
kim
boldtrader
- 08 Jun 2006 12:49
- 17176 of 27111
Could be something to do with the placing.the dates correspond with the rns of the 2nd. cheers.
kimoldfield
- 08 Jun 2006 13:26
- 17177 of 27111
Yes, thanks Boldtrader but I can't work out why 6,394,394 x 3 @ 9p when 46,939,939 @ 8.1p was the deal? There may be more deals during the day of course.
kim
greekman
- 08 Jun 2006 14:07
- 17178 of 27111
Does not look like anything to do with the placing. Although it's a BC trade, as Kimoldfield states it comes in at a different price to the placing price, IE ( 9p against 8.1p ) unless the remainder are looking at less than the 8.1p price to make the average of the whole placing 8.1p ) but to me that does not make sense. Perhaps someone out there with a far better knowledge than me can explain. Out now till 5 ish.
oblomov
- 08 Jun 2006 14:13
- 17179 of 27111
Would the placing even show up as a trade? I'd have thought the shares would just be issued direct, not as a trade as such.
greekman
- 08 Jun 2006 14:15
- 17180 of 27111
Agreed, can't see any point. As I understand it, the only time these shares would show is on a selling of the said shares. But even with the whole market down, I would have thought a buy of this size would have well upped the sp, so who knows.
oblomov
- 08 Jun 2006 14:55
- 17181 of 27111
Yes, but I'd have thought a sell of this size would have sent the SP lower!
explosive
- 08 Jun 2006 15:43
- 17182 of 27111
Its listed as unknown otherwise it would have sent the sp lower.
greekman
- 08 Jun 2006 17:22
- 17183 of 27111
Explosive,
As obvious as it sounds, I must admit ( I will go stand in the corner ) of accepting it as a buy, but as you say it shows unknown. This though does not help us as I presume the market makers/brokers through the market know if buy or sell and as the sp did not move much we are none the wiser.
Sharesure
- 08 Jun 2006 17:52
- 17184 of 27111
Just a suggestion. An inter fund deal, maybe even within the same company?
tweenie
- 08 Jun 2006 20:10
- 17185 of 27111
RHPS, tom bulford says HOLD and hints at further share dilution.
I think this shares still got a bit of a bumpy ride ahead after all the
unrealistic promises made. ho hum.
well at least there's the football to keep my mind busy for the next month..
There's a few members of SEO's BOARD that I'd quite happily substitute for the ball.
ptholden
- 09 Jun 2006 01:54
- 17186 of 27111
They are listed as unknown, because the software that MAM uses to determine sells / buys places the trade dependant on which side of the mid price it is reported. On this occasion the price was at the mid so the software puts it in the unknown category. You have no way of knowing if they were buys or sells, and just because the SP did not fall, do not assume that they were not sells, conversley the opposite applies. Following a significant sized placing there is always a possibility that one of the institutions who took up the offer may have turned their position around for a quick 180k, nice work if you can get it. The whole point being that you can work up any story to explain those trades, good or bad.
pth