bosley
- 20 Feb 2004 09:34
bhunt1910
- 01 Mar 2005 07:28
- 1859 of 27111
What excellent news - this should give the share price a bit of impetus
B
iturama
- 01 Mar 2005 07:30
- 1860 of 27111
Since Asda is clearly happy with the technology, the remaining discussions will be around commercial terms.
The one year exclusivity sounds restrictive but Stanelco's ability to grow is limited in any case by its weak financial base. A one year deal will set it up nicely for future expansion.
stockdog
- 01 Mar 2005 07:51
- 1861 of 27111
Very nice . . .
RNS Number:1517J
Stanelco PLC
01 March 2005
1 March 2005
Stanelco PLC
Asda trials move in-store
Stanelco PLC, the RF (radio frequency) applications group, is pleased to
announce that the trial with ASDA for its high integrity sealing of
Microwaveable Food Trays (CPET) has now successfully proceeded towards actual
use in product at a manufacturing site, through distribution and onto the
supermarket's store shelves.
The shelf life trials, which were conducted at Ferndale Foods on behalf of Asda,
have now concluded. Both microbiological and organoleptic tests produced
encouraging results. This has led to an ASDA product being packaged using Radio
Frequency Technology that will appear on the supermarket's shelves from today
(Tuesday).
Ian Balchin, Chief Executive of Stanelco commented:
"The results of the continuing trials with ASDA remain very encouraging.
Following the recent agreement of a 60-day option period with ASDA concerning
its access to our sealing technology for food retail in the UK and Ireland, we
look forward to progressing the relationship towards a long term commercial
agreement as soon as possible."
Tony Ruane, Technical Manager, Meal Solutions category at ASDA said:
"This is a first to market for ASDA and a significant milestone in our
partnership with Stanelco. ASDA is delighted with the progress of the trials so
far. The environmental benefits of the technology are immense and we are looking
forward to working with Stanelco to widen the reach of RF packaging in the
coming months to other parts of our business. "
- Ends -
Should see some positive action today in light of above.
SD
bosley
- 01 Mar 2005 08:03
- 1862 of 27111
good morning . good rns.very encouraging. wow!!!! we are off and its a lovely blue view . hope its like this all day. fantastic. offer took two minutes to hit 17p. are we going to break through today?
accord
- 01 Mar 2005 08:05
- 1863 of 27111
WOW: 20% at start of session. that soon woke me up. bring it on.
bhunt1910
- 01 Mar 2005 08:13
- 1864 of 27111
I suspect we have seen the rise for the day - may just drift I think for the remainder of the day and drop a little as profit takers take their lolly.
BYW - what does LOL mean ?
B
andysmith
- 01 Mar 2005 08:14
- 1865 of 27111
Nice start to the day folks, Bosley and usual crew, well done!! It HAD gone very quiet, I have to go out later visiting a customer in the world of packaging. Wonder how many posts I'll come back to!!!!!!! Have a good day safe in the knowledge that we have invested in a cracking company.
bosley
- 01 Mar 2005 08:15
- 1866 of 27111
laugh out loud. like i am now.
bhunt1910
- 01 Mar 2005 08:20
- 1867 of 27111
Thanks Bos - I was getting worried that it meant Lots of Love !!!!
B
stockdog
- 01 Mar 2005 08:31
- 1868 of 27111
Or loads o' lolly!
woof woof
SD
TheFrenchConnection
- 01 Mar 2005 08:35
- 1869 of 27111
Amities !! d'accord completement !!! Comment vas tu Bos/Eric /Di/Andy/bhunt/driver ? lol ..Each rns sounds more lucrative than the last ! .ln all liklihood but not today this news makes EVO s prediction of 20p appear quite breachable: and as a consequence, quite conservative ,My favourite variable -volume -almost 7 million and yet market inception was but an hour ago. ....Waiting in anticipation for the big players to get thier respective desks at around 10 .....Let the Fun begin . .Bonne chance ! . Almost time to crack open a first growth Chateau des Rothchild or Haut Brion 2002 .But definately time for a quick glass of chateau Latour before work ... . a'bientot , bien amicalment @+ J
iturama
- 01 Mar 2005 09:41
- 1870 of 27111
Buys at 15.85 being shown as sells. Very tight trading range 15.78/15.85.
bhunt1910
- 01 Mar 2005 10:08
- 1872 of 27111
Hi Di - did you manage to top up yesterday before the price hike ??
B