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

whose still in and if its not too rude a quastion for how many shares.
Me- just under 1.5M

tweenie - I am about the same as you

Just a thought, is there any official time frame for the sale of the Cigarette filter, there could be a reasonable income from this sale which may just tide the company over until sales of Starpol etc kick in, it would possibly remove any need for a fundraising. just looking at possibilities.

Nick

Oily - my reading of Dave's post was the same as yours at first (i.e. employer at the mag), but on thinking about it, I believe that he has just written down exactly what the piece in the mag said. Quotes would have made it clearer.

.

I spoke with a person connected to a packager involved with the Greenseal rollout today. Stanelco were over-optomistic in their promise to move 200 machines - as they were saying this before full scale trials had been completed. Some machine failures due to low temperatures on site and then arcing problems had massively delayed rugged on-site trials. It is one thing to test your invention in your own factory. Quite another to field trial it out of the "lab".

However the GS machine in situ, this week now in full blown production in a manufacturing environment with no problems at present. "Leakers" -failed seals are hugely improved over traditional sealing methods. An order for a further small number of GS machines should follow shortly. Rugged testing at maximum to prove reliability and demonstrable cost saving will generate further sales from other packagers.

ASDA exclusivity hindered take-up and a wider (and quicker )trialling of the GS units. (A poor management decision I believe when the machine was not fully trialled.)

ASDA trays trialling now, using Starpol 2000 and we will soon see their organic range rolled out across the uk (look out for their mushroom trays apparently) ASDA debating how soon to roll out GS/Starpol combination across uk. No issue with sourcing volumes of Starpol if required.

Sorry if this is old news to some of you. Just repeating it as it was relayed to me. There is life in the old dog, a spark of hope, but can the city wait for the jam tomorrow? Certainly some naiivity shown by SEO management in their handling of GS rollout. Let's hope they have learnt and manage Starpol better.
Still holding, worried

Tweenie,

In for about 1m

Just a round half a million

half million for me as well.

robinhood

My research tells me that the figure of 1.3m profit for Stanelco in 2007 was put out in April 06.

Is that correct or do you know something different?

The oily one

Down 18.88% to 1.59p today. What a bummer!

Oilywag.

No, you asked what the article in Shares Mag said, so as I had it alongside me, I copied it for you.
I am just a long time holder of SEO up and down, waiting for some good news like the rest of the holders !!!!

Worrier, thanks for your update.

I seem to remember somebody producing a calculation of turnover expected to be realised by the GS machines. Any chance we could see those figures again (if they were reliable and not totally based on wishful thinking)?

too much concern over greenseal.

Starpol is the nugget.

Stanelco is NOT a one trick poney.

No, but its on its way to the knackers yard, LOL

Pinnacle. i hope you mean as in gold !! well bought some more today to average down (please dont all tell me about averaging down) to a more reasonable price.
The price at these levels, its stupid to cash in,basically it's shit or bust now. I still believe the LTH will recieve just reward.Ok, good luck to all SEO holders,cheers.

Nice try aldwickk - no knackers yard for this one!

The shorters are having their day!

Can't be bothered to go through all the why's as to their survival and beyond - you either have vision and information based on solid research or you don't.

This company will survive and I hope by the end of next week to see the end of all those who have the desire to see this company fail to disappear permanently.

We as genuine investors can then focus on the future and the benefits it will bring.

Well said pinnacle.
I can't wait to get rid of those ridiculous idiots who have got nothing better to do than rub our noses in it. They are thick, and have a mentality equivalent of school playground bullies.
Our time will come!

Small bit in the FT
http://www.ft.com/cms/s/fd234440-4a0b-11db-8738-0000779e2340.html
Stanelco continued to slide on talk of an imminent and deeply discounted fundraising. The packaging specialist is thought to be looking to raise 15m. Stanelco fell 18.9 per cent to a five-year low of 1.59p.

Before any plonkers retaliate to my quesion, now why would SEO want to raise 15m...I know the plonkers will say..to survive, but it seems a rather precise amount (according to the FT). Maybe they need this amount to generate the volumes of Starpol as required by these so called due diligent contracts!!!

IMHO

Kong

p.s Don't mess with the ape!!!