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

perhaps the trials are for another supermarket !!!!

Bhunt1910,

I agree with you. That is how I read it, although the article release was confusing.

And perhaps we were too harsh on SEO over being a tad optimistic. My Asda source (remember that imaginary friend) told me the goods would hit the shops in early September, and he really should know exactly when. Now Asda are saying over the next 2 months. So maybe it was Asda who were in too much of a rush and too optimistic all along!!
Anyway. It still looks good to me.

Everything about SEO is confusing. Why don't you all get together and send a joint email to SEO for some straight answers instead of spending all your time speculating amongst yourselves.

Who says we haven't???

aldwickk
I agree, Im still holding but the situation is so confusing I cant be bothered to post any more basically all we need is orders and plenty of them, until that happens I will concentrate my thoughts elsewhere to save myself a headache.

Just spoke to the journalist re the 1st paragraph of his article and he confirms this is what he was told by Stanelco on Wednesday.The para. reads"UK based Stanelco will begin testing the use of its radio frequency technology heat sealing method with a food packaging company within the next two months,according to a company spokesperson."He also said to me that for a PLC they were unusually tight with information .

Mad Pad,

Thanks for that. As to SEO being tight with info, I would sooner that than the continual badly worded, often misleading releases.
Good job they are not a PR company, they wouldn't last a week.

Perhaps because of the shit thrown at them over previous press releases.
With hindsight the picture has a different look to it (doesn't it always).
Asda wanted GS straight away and signed up to have it promising lots of conversions. They did this without realising the complexities involved in multi production and changing the machines. This led to delays for which SEO took the stick.
Asda tried to muscle the packagers into what they want but it was simply impossible. SEO adapted, changed and altered GS to try and fit with it all. Now it all works Asda have had to relinquish exclusivity to get what they wanted all along. SEO have had their fingers burned by making promises that depend on other companies delivering and are saying nowt now.
Thats my simplistic view, anyway.
Alan

' with a food packaging company within the next two months ' thats not going to help their cash burn problem, they have less then 3 months cash left.

time to top up again- and this time I do not want to get stopped out

Topped up with another 150,000.

Pad (not so mad!)
Good move - IMO

See what I mean?

Tony,
Can Oily and I book in for some smug lessons, please.
;-)
Alan

Early days. Early days.
Still a fair way to go before I see blue again - but I will!!

Sold the last lot at 10.25,not smug just lucky.Paid 4.1 this am,3.65 on Wed.Lets go for it!PSgood volume for this time of day,rumours or ramping?

Just come in from teaching to this surprise. Tony cut out the buying, I can't get an order in wedgeways with you rotten lot plundering and pillaging at will!

Alan his lessons are far too expensive.

You can a buy book off Amazon really cheap. Its called "How to learn SMUG in five easy lessons" Don't know whether you know the author; by somebody called "Oilywag"?

The oily one

On BBC breakfast, this am the big talk on the stock exchange appears to be the supermarket war thats on the way between the big players. It appears the new rules re waste disposal of packaging will be using the carrot and the stick to reduce said waste. Fines will be imposed on those who do not cut waste, and presumably the carrot will be financial incentives to those that do. The government is insisting that targets are met.
The main talk was the carrier bag issue, with both Tesco and Asda mentioned.
As well as the life carrier bag (Tesco) and the extra points system for those that re-use, Biodegradable was also mentioned a couple of times, although nothing specific.
IMHO I think the forthcoming green war between the supermarkets will be a far bigger issue that the many price wars we have experience over the last few years.
Green is the way forward. Bring it on.

OK can do smug as well ,10% in an hour wish the rest of my portfolio was on a roll as well.