bosley
- 20 Feb 2004 09:34
StarFrog
- 07 Sep 2006 16:18
- 19673 of 27111
driver - isn't the key word there 'Partner'
SEO have the technology, Mondini make the machines.
From SEO's last trading statement:
Since 2000, Stanelco's business model has transformed from a manufacturer and
supplier of capital goods into an intellectual property company with interests
in markets with significant growth potential, which include sustainable
packaging and environmentally responsible sealing solutions for the packaging
industry.
Worrier
- 07 Sep 2006 17:45
- 19674 of 27111
Any indications if the Carlco Capsules work is revenue producing and if so by when?
aldwickk
- 08 Sep 2006 07:18
- 19675 of 27111
So were is everbody when a RNS is issused?
Stanelco PLC
8 September 2006
Stanelco PLC ('Stanelco' or 'the Company')
8 September 2006
Trading update
Further to the trading update on 17 August 2006, the Company is continuing to
negotiate with the two parties with which it signed letters of intent to
compound Starpol resin for the US market, and contracts are in the process of
being finalised.
As the Company's portfolio of products moves closer to commercialisation, the
costs of this have increased relative to those in the first half of the
financial year. As a result, the Company now expects that the loss for the six
months to 31 October 2006 will moderately exceed that of the first half.
The Company is making good progress in discussions on the financing options
available to it and will update the market once any further information is
available.
Contact
Jonathon Brill
Financial Dynamics
020 7269 7170
hewittalan6
- 08 Sep 2006 07:32
- 19676 of 27111
Well I'm here.
What would you like??
Alan
Mad Pad
- 08 Sep 2006 07:49
- 19677 of 27111
Nothing new there then.
Tonyrelaxes
- 08 Sep 2006 07:59
- 19678 of 27111
MadPad, I don't fully agree.
August RNS said ".. believes that these will lead to contracts in the
short term."
Today the 'belief' has gone and they are saying ".. contracts are in the process of
being finalised."
Nothing from anyone within the Company within the RNS. Must be a first!
Mad Pad
- 08 Sep 2006 08:12
- 19679 of 27111
Tony,I stand corrected you are right.Tell me again the figures on a MMP.
hewittalan6
- 08 Sep 2006 08:19
- 19680 of 27111
Just to extrapolate on that imprtant point Tony made;
In the 17/8 RNS the letters of intent were to satisfy a demand expressed by supermarket chain(s) and fast food chain(s) in America. One can only assume then that the demand remains from these people, Starpol is wanted by them. Otherwise the letters of intent would have fizzled away. The contracts for production is only half the story.
Alan
Tonyrelaxes
- 08 Sep 2006 08:22
- 19681 of 27111
from 25 April 2006 -
"Each MMF will contribute approximately GBP 4 million per annum per 20,000 ton licence plus a small percentage of end product sale price"
Shall I do the sums?
2 x 4million = 8million.
Trust me, I was a Chartered Accountant in an earlier life.
hewittalan6
- 08 Sep 2006 08:24
- 19682 of 27111
Accountants are right up there with solicitors, estate agents and politicians as people not to trust ;-)
trust me, I was an IFA in a previous life.
Alan
Tonyrelaxes
- 08 Sep 2006 08:27
- 19683 of 27111
OK - just for Alan
2 x 4million = 7.6 million, after Intermediaries commission!
Oilywag
- 08 Sep 2006 08:29
- 19684 of 27111
And talking of IFAs, now I have some interesting tales to tell!
chortling quietly
The oily one
PS Oh, I forgot to mention, this news is what our research enearthed and I'm glad that it seems to be coming to fruition.
hewittalan6
- 08 Sep 2006 08:30
- 19685 of 27111
I'm not taking a pay cut for anyone!!!!
Anyway you forgot the accountants fees.
7.6 million - Accountants fees for working out 2x4= About enough for fish and chips on the way home, but don't forget the quizillion pound tax bill hes submitted.
;-)
alan
TheMaster
- 08 Sep 2006 08:59
- 19686 of 27111
Heard a report on SC radio station, on their news post, that Sainsburys has annouced they are to replace all thier packaging with degradable items this year. Does not one of SEO directors have contacts with Sainsburys, could this order finally happen, have just bought this stock this morning on the news
silvermede
- 08 Sep 2006 09:07
- 19687 of 27111
Sainsburys are primarily looking to replace their packaging on their quick turn over products such as Ready Meals, with compostable packaging material. Radio 4 interview on Today Programme.
hewittalan6
- 08 Sep 2006 09:09
- 19688 of 27111
Could this be the same Sainsburys who have expressed a desire to work with Asda on sustainability??? I think it might.
the plot thickens.
Alan
HD2005
- 08 Sep 2006 09:18
- 19689 of 27111
I'm sure a few have seen this(below). Is this SEO, if so why no details of an order? Any connection should be publicised surely. Who else would they be going with?
http://www.thisismoney.co.uk/news/article.html?in_article_id=412497&in_page_id=2&ct=5
driver
- 08 Sep 2006 09:18
- 19690 of 27111
TheMaster
Welcome aboard the same article was on breakfast tv this morning it showed the ceo showing the viewers the packaging he did go on to say it was made from maze and sugar?
Reposted HD2005 link from above.
http://www.thisismoney.co.uk/news/article.html?in_article_id=412497&in_page_id=2&ct=5
Tonyrelaxes
- 08 Sep 2006 09:27
- 19691 of 27111
That article of Sainsburys includes "It is calling on other retailers to follow suit ".
Is this not exactly what ASDA said two weeks ago when inviting other supermarket groups to join their own initiative?
Looks to me like they are in a PR war with each other in trying to be leader in this.
hewittalan6
- 08 Sep 2006 09:28
- 19692 of 27111
Oh good.
The real winners in any war is not either side fighting it, but the companys that make the bullets and bombs!!!