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

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.

wow 18584 postings

you lot can talk for England

Bos, 'there definately are two ways of viewing this news'

We agree on that (!) , which is where I came in -

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?

But, (and you know I love to disagree), the statement does say it is done so that rollout can be accelerated. I see no other way of reading this other than the exclusivity was proving a hinderence to rollout, and its removal benefits both Asda and SEO.
It says nothing about further trials or packagers not liking it!!
alan

oblo,

Reckon you could well be right,The management could well want to put a positive slant on the news, rarther than let it being seen only in a negitive way,which indeed there is a positive side,as the song goes ALL WAYS LOOK ON THE BRIGHT SIDE.

Peter

I'll consider myself outvoted, then.
But I still feel fairly bullish about this news.
Alan

I'm with you Alan, i see this as positive news.
But yet again a Stanelco statement leads to confusion!

Alan, I'd feel more bullish if the statement had gone on to say 'and contracts have been signed at the exclusive packhouses to convert 100 machines'. I cant see what there is in the way of a statement of that kind now.

As I said, maybe its imminent. If it doesn't come VERY soon we'll surely finally know which way all this is going to pan out.

Possibly, Oblo.
But what if the end of exclusivity has been brought about by something we don't even know about?
What if Perseco has said one of its international clients wants Greenseal, but only if they can have it worldwide, UK included, and SEO have had to say to Asda, put up or shut up?
Ridiculous and far fetched, I know, but we have never seen or read anything to hint that Asda are unhappy with Greenseal.
I heard they may have question marks over its environmental credentials, and there are the delays, but that is all.
i understand the negative connotations that go with any news from this company, as they have let us all down so badly in the past, but i am not going to give it up now, based on no news, and a statement that can be taken 2 ways.
Alan

There is no question in my mind at all about this-its good news! Rather than being utterly dependant on one customer for the entire revenue generation of GS, SEO can start looking for others.

These means there has been an increase of the chance that some money can start coming in so they can stay floating. Right now my major concern is them staying in business, not whether the sp is going to rocket into the 20's

Who would have preferred for the exclusivity to stay and who for it to go,funny feeling most would be happier seeing it end,but its not knowing what is happening in the back ground that gives cause for concern,if there is anything to be concerned about is something we will all just have to wait to see.

Listen up you "rotten lot"

Can't remember who it was on the previous page, can't be bothered to go back and check, but my comment that it might have been EK selling yesterday at the close. It was purely idle conjecture on my part without any whiff of evidence to support it.

And the other point, is that I think EK bought at above 12p or near that level. So, if it was EK, it should be a comfort to those nursing a loss that there are more astute people than us who make investment mistakes.

Still haven't received a reply from the SEO board to my e-mail sent last week on Friday. Now there's a surprise.!!

Will chase them tomorrow.

The oily one

Trials
IMHO, the problem with so-called trials is that they rarely have a defined end. It is natural that any sales Director will not want to jepodise his/her position by installing a faulty packing-line - or a cheaper food that doesn't sell. So along with the trial to ensure the packs stay fresh, handle well, look good there will be customer feedback and this can take a long time....because a few of the trial packs will have to be sent to most stores for evaluation....and it's holiday time, staff shortages etc. So I'd expect the trials to drag-on. - Meanwhile the sp drifts on No News.......and they can't issue any news as the supermarket that's first will want an exclusive for a few months (anyone know? -is it six?) so they can bask in the Publicity of Eco-friendly packing.
The snag is that because it's exclusive, ASDA will want to be certain there isn't a flaw in the system, either at the consumer-end, or the packing (machinery) end.
It is a mightmare, that's my guess - and expect the same thing all-over when another store tries to conduct their evaluation.
Woa! betide the sp if there is a gkitch, or even a real fault in production quantitiess. Things rarely scale-up without a hitch.
I have a small (now!) holding from about 25p.

Oily,

Re EK. I read your post as I am sure you intended it, IE purely idle conjecture and could see nothing wrong with it. We see many posts with conjecture all the time. There is no harm with such posts if as yours did, they do not pretend to be anything but.

Oblomov,

Could it be that for exclusive sites to go fully commercial, they may need more than the one machine on line. This (if they do have one machine commercial) would gel with their previous statement that the exclusive period would end when that 1 machine reached such a stage.
As said, once again SEO could do better on clarity. It is this none clarity that is the main cause of conjecture.

My take is that the end of the Asda exclusivity period is going to do SEO a lot of good in a much quicker timescale than had it been extended. I think that it was a dumb move to have had it in the first place, and that's not written with glorious hindsight.

Totally agree Sharesure.

I know there was an Israeli company who were VERY keen to buy GS at the same time as the Asda exclusive period started. Hopefully some people like them, who were interested prior but couldnt get involved, can now start looking at Greenseal as an option again.