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

If EK only had 1.8 million shares, he is not the big time investor we think he is.

alan, lets hope its not wishful thinking.

If EK took until this week to dump his holding, he's not the smart investor some people think he is.

Al, surely it depends what he paid for them.

TheMaster - 07 Aug 2006 12:41 - 18550 of 18567
Lots of press reports covering the plastic bag environmental problem this weekend, SEO may at last prosper, good time to buy back now at these levels as the up side could be huge.

TheMaster - 08 Aug 2006 12:35 - 18561 of 18567
This seams to be bad news for SEO, now ASDA do not want exclusivity

Make your mind up
LOL

It would have been a good time to buy then, but now after today's news perhaps not, as ASDA have told their suppliers not to convert their machines yet. Where is SEO to get revenue now?

ST,
I was thinking of the quantity. Either he got them at their recent low levels which equates to about 90000 or he bought them much higher. Either way he is either not the shrewd investor he makes out or he does not play for the very high stakes he portrays.
Alan

One other thought.
Had Asda walked away, then this has a bearing on the sp and would require an RNS. If however it is simply opening it up as a free for all, then no RNS is required until any sort of contract is signed.
No RNS.
Alan

spoke to tony ruane last week and he said trials are onging and asda were keen to adopt GS

Just read it again and it makes 2 references to Asda wanting Greenseal. One speaks of working with Asda and the other talks about Asdas future plans involving Greenseal.
Doesn't strike me as Asda walking away.
Strikes me as a positive move.
Alan

Alan,

Re your take on the Greenseal update. I read it exactly the same as you.
I just hope we are both right.
It's a pity that SEO can't just come out with a plain clearly explained update that takes away all doubt.

To follow - editing probs!!

I think they will, Greek.
I am very looking forward to the weekend now, to ask my imaginary friend what exactly was discussed at the conference regarding packaging (if anything), cos the timings seem a little co-incidental.
I will of course, let you all know what is said (if anything). Those of you who believe it to be voices in an unhinged head may choose to ignore those posts.
Alan

Oblo,
The word accelerate is also used. Can't find a negative, but I will keep trying. i am sure a few out there will help me look!!
alan

'ASDA have agreed to waive the exclusivity, which will then offer GreenSeal to non exclusive sites.'

So, there are EXCLUSIVE sites. So what has been/is the problem with conversions at the exclusive sites - why can deals not be signed for the exclusive sites?

Badly worded and ambiguous again. DO they ever make a statement which doesn't result in endless debate over what exactly the statement means - do they do this on purpose?

Bit of conjecture again.
What if the Greenseal machines were already in the exclusive sites. that is how the trials were performed and why some people found Greenseal packaging in their local Asda.
The trials have progressed nicely, but the delay has been due to non-exclusive sites pointing out the problems we have postulated today?
Alan

oblo, if they did that, then they would have no get out clause. personally, i think it's make or break time for seo. now let's see if greenseal is all it's made out to be. it's now open to all. there should be no need for further trials and there should be new deals announced very soon ............ that's if greenseal is actually worth having ........

Alan,

Then what was to stop the exclusive sites going commercial?

Exclusive sites surely would have to do what ASDA told them to, within reason.

Dont forget, we were told at the time of the AGM that this would go commercial in 8 weeks - which wasn't up that long ago.

So, looking on the bright side, is a 'gone commercial at exclusive sites' announcement imminent?

Bos - 'there should be no need for further trials',

I'd love to say I agree, but don't you think the likes of Sainsbury's, Tesco's etc would want to do their own trials? What kind of confusion would that present to the packhouses - unless the other major supermarkets also have exclusive sites, which is likely I guess.

What really matters here, is how many machines are to be installed and when. Still no update on this. What does accelerate the roll out mean, accelerate if from what?

Also what trials are STILL ongoing after 18 months?

Can feel another e-mail to SEO coming on!

oblo, there has been 18+ months of extensive trials for asda. what more do they need to trial? the best hope is that seo go back to the original plan of dealing with packers, that they now sign up to greenseal. it simplifies everything. but then again, a giant like asda couldn't force it on the packers. there definately are two ways of viewing this news, (isn't there always with seo!!!). interesting to see what happens next.