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

gary/tweenie

It's a Biotec patent - details here:-

http://v3.espacenet.com/textdoc?DB=EPODOC&IDX=US2005182196&F=0

Thanks Oblo,

Was being lazy and simply went on the: "developed by Stanelco (Southampton / UK; www.stanelco.co.uk)" instead of looking it up.

So only 50% of profit then!

Something Barney didn't include in his post was the final sentence of the report, which I think is new - i.e.

'Stanelco says the material has passed preliminary testing at a major quick service restaurant. '

Full report here:-

http://www.plasteurope.com/pie-ticker/detail.asp?id=205550

thanks oblo that was not on my pda version of the report.

And another one joins the growing list. How long before there are more states, area's, then countries with these bans than without.

SANTA MONICA, Calif. The city of Santa Monica could soon ban the use of non-recyclable packaging for takeout food and beverages.
http://www.kesq.com/Global/story.asp?S=5074816&nav=9qrx

Can anyone accurately predict where the bottom/resistance level will be here?

I don't think anyone can with anything near accuracy. To my mind, using charts, on shares such as SEO are next to useless ( no insult to chartists ) as the sole movements up or down are due mainly to news, or lack of, with a bit of influence by the general mood of the market.

Markus: it is reasonable to view the placing price, 8.2p I think, as a support level. After all, there were a significant number of buyers at that level and they will have been party to a full briefing and, I expect, subjected the share to decent analysis. They are also unlikely to sell until a reasonable profit has been made. The big question is how robust the support level is. The previous support level of 13p was also a level at which significant funding had been obtained and it proved pretty resilient until eventually breached. My view would be that the level should hold unless news is so poor that it pushes projections of significant revenue too far into the future for most investors.

Eric

Eric,

I've been reading through the AGM statement and other, earlier RNS's and my thinking is that something must be very close by now. After all, Wal-Mart asked for certain lines to be "fast-tracked". Hopefully FDA approval for Starpol 3000 won't be long either which some projects could be waiting for. The Wrap 100 trial should be well on it's way also. Anyway, lets see what it says in the results. The EVO note from Feb said that they hoped to have MMF deals by the end of June, I would think discussions are pretty advanced by now. Any other thoughts?

Cheers,

Biscuit

Biscuit,

I fully agree with your comment ( "something must be very close by now" ), for exactly the same reasons you have given. Let's hope we don't have long to wait.

Hi Greekman,

Reading the AGM statement, everything still reads very positive. I think the MMF deals will have taken quite a while to negotiate, due to the complexity of funding etc. They seem pretty confident that Greenseal is almost there too. My own thought is that the FDA approval will be a key trigger. i doubt anything would be signed until they have that.

Biscuit

My main note of caution would be that SEO are dealing with the really big boys. They have gone for broke, you could say, and one only hopes that they have bitten off more than they can chew. Even the ASDA deal seems to have gone through various hurdles before it could be considered 'commercial', presumably actually paying for the services rather than everlasting trials. Strangely enough, Greenseal roll-out with ASDA suppliers from July (if 80 days was accurate forecast) and contracts with another supermarket(s) from September could be first significant cash.

Hi Eric,

I think that Starpol is the key really as it works on existing machines and isn't mechanical. It has to be remembered though, that it's the "really big boys" who appear to have beaten a path to SEO's door. ASDA must still be pretty happy otherwise Wal-Mart wouldn't have become involved. I personally think that Perseco could be the first movers on a deal for Starpol.

Cheers,

Biscuit

Eric, you just reminded me of a chat I had with a supermarket chain buyer, on a flight from the USA once. Can't remember the supermarket concerned or the circumstance of the conversation, but he was telling me what happens when a new consumer product is offered to the supermarket.
If it is not a household name that people will demand to see there and have available to buy the buying team will want to know the power of the product launch advertising, to see if it will be an in demand item.
If this is a "no", then the supermarket buyers will only purchase on one of two conditions. Either the product manufacturer / supplier will have to rent shelf space to stock the product, or they will have to supply a certain quantity at a massive discount or zero cost, for the shop to assess viability.
I am wondering if trials mean "seeing if it works" to SEO, but in the lexicon of Asda/WM mean "getting it for nowt and seeing if we want it". In this instance commercialisation would probably mean "paying for it", rather than the definition we have placed on it of "actually working - real time".
Don't know if any of that makes sense or supplies another part of the jigsaw, but its funny how age old conversations are suddenly remembered by something unrelated.
Not ramping - just a thought.
Alan

Alan, How many Supermarket buyers do you run into on your travels?? Remember, Martin Wagner is from ASDA, so he'll know exactly how the game is to be played! I dare say he'll be careful on the contracts too so that SEO don't get caught out!

Biscuit

LOL.
Just 2 biscuit.
One on a flight (years ago) and a shit cricketer.
Come to think of it, he may not have been a buyer! Might have been the bloke who tries to flog stuff to buyers!
Twas many aeons back.
Alan

Alan,
Your conversation has just caused me to remember something from when I worked at IBM. Used to do litigation for the accounts payable function and so dealt alot with buyers there...... Yes I know different market all together but I do remember them talking tactics or boasting you might call it.... Anyway the best price scenario was often used, where they tested hardware and then bought it very cheap and sold very dear creating increased revenue on new product lines etc.... The supplier gets market exposure in recognised testing and product sales proving it works for next to free and the seller gets to see if a hit with the punters. Very good for all round. Now Martin Wagner I'm sure recognises that Wallmart/Asda are far more repitable then the co-op so will be prepared to offer increased discounts for global exposure!! I suppose if the packaging saves enough money and the punters don't care how it comes we'll get roll-out anyway.... But if the punters like it and prefer the packing Martin Wagner has a larger say in how much the packaging costs. just a thougt or old memory should I say...

There is no doubt that WM will get a hefty discount due to their status, and also that they will be in control of events. SEO will have to be patient over this as well as investors. I am sure that wrap 100 will be the first product on board with perseco due to thier high level of interest of adoption. If Greenseal is not commercialsed now then seo management will be seriously weakened after stating that it would be witin 8 weeks. Hopefully things have been moving ahead behind the scenes and we will know this week...hopefully

Interims due on Thursday (I hope), those of a nervous disposition should hide behind the sofa. Surely the report will be packed with good news???
kim

Looks like 2 big trades at 8.5p last night after hours.