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

But what else was there, Oily? Do we now take it the following is finally about to happen? If so, why a 12 month extension?

'the application of the Group's GREENSEAL tray lidding
and thermoforming RF technology in the UK and Ireland. ASDA anticipate that
several hundred machines will be adapted to utilise the technology due to the
significant benefits it delivers.'

Dunno, Oblo

The oily one

Oblo

I cant believe that we, the OWNERS, still havent been told how many of these machines are actually in place, or have any idea how many are being installed in the next few months. We're so far in the dark its beyond funny!!

'mithering' aside,
I think that this was exactly what was forecast, nothing more, nothing less.
I expect deals in the next few weeks to be announced.
I will be very dissapointed if this is'nt the case.
At present still happy to hold.
Stanelco now has all the supermarkets etc to sell to with no real restrictions other that their legendary inability to sell.
we live in hope of 'more jam tommorrow'
flags out for the .10p party.
lol

Still read it as good news. To me it looks like Seo have pushed Asda into this, although a small company pushing such a big company appears unlikely we do not know the ins and outs of this change. Could be Asda realize that it is the only way for both companies to go. If they hope to work together for the next 12 months and beyond, it may make sense. Still muddy waters, but it is clearing just a bit.

My take on this is:
Asda have had 15 months and are at a point where greenseal is now tested and works.
Other supermarkets are banging on the door and want to do business or at least get samples.
If Asda want to stay infront, get your cheque book out, first with the cash.
About time the CEO made a stand, well done that man.

Guys, apologies for posting again (now that I am out of Stanelco). But just learned today from a small food company who have tested Stanelco's technology earlier this year. They were not impressed: "not what it's all cracked up to be...!" was the response.

Take this whichever way you like, but my friend who told me has been holding SEO since 16p himself and only held on because of the hype and Asda/Walmart inferences. Wish he'd have told me this months ago!

I know a few posters/ex-holders were planning a re-entry but maybe I would take a step back now and just wait and see what happens IF they secure significant deals with ANY major plc? OK you may miss the bottom end but at least you will know exactly what's happening.

(IMO...)

markusantonius
thanks for that, any chance of name of company, i would like to e/mail them and ask them if its correct, they must be allowed to say
regards

markus
they must have had a early version of it, that did not work to well.
that's why it was modified, tell them to try it now, so they do not miss out.

I'll take that on face value, Markus.
The thing is, what is the advantage of Greenseal to packagers / suppliers?
None. The green effects are irrelevant to them. the supermarkets know about the cost savings and are unlikely to let the supplier hang on to the increased margin. The only other thing is reliability and speed. we already know that speed is similar, regardless of machine type, and reliability was suspect due to tooling issues.
if I were a supplier I wouldn't think much to it either!!
Alan

MMs really do not wan't the SP above 5p do they

Automatic/Jim,

I am reluctant to name the co. (they supply poultry) but my friend owns the company! I don't blame you for seeking clarification as the above is just 1 bb poster(my!)'s statement. But let's just say that I will not be punting on SEO. Just spectating henceforth. They have more than 1 product so good luck to them. But safer to sit on the fence and watch.

I genuinely wish you all well here. Not deramping - just posting.

see of blue,SP ?

As mentioned many times, its the Supermarkets who have the say, the suppliers either tow the line or lose the business.

The hard fought elimination of the exclusivity with ASDA still {I assume} maintains ASDA's commitment to "several hundred" GS conversions over a certain period {the detail's in the contract}.

IF GS is still of interest to ASDA and probably Walmart, they're obviously looking to reduce cost and improve seal quality etc, etc.....

The non-exclusive packhouses could for a certain time pass on savings to ASDA but maintain their price to others until pushed, after all, the others will benefit in every other respect apart from price.

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=779759

markus,
thanks for your good wishes.
Your tone sets you apart from the very obvious derampers, trouble makers and mischief merchants we seem to attract on here.
alan

Encouraging buys (blocks of 200k and 100k) and slight rise in SP. Is someone building a decent holding?

The Riders of the Storm emerge from the mists of SEO's news releases.

In my opinion supermarkets will clamber over each other to go greener than their competitors.
As to the margins being squeezed from supplier, to packer to end customer (the supermarkets) I would think that although the big 5 will have the main say over the said suppliers, packers, I would think that the packers will also benefit as many will be supplying to more than one end customer. We also read more every week of the added cost of disposing of waste.
Suppliers, packers need to keep their customers happy.
They may not be that bothered about the green issue, but their profit is the be all and end all of their existence.
If the supermarkets want them to go green they will have no choice but to comply.

Anyone hazard a guess as to whether the 3,850,000 trade after hours was a buy or sell?