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website link
http://www.stanelco.co.uk/index.htm

Eric, good post, number crunching always puts the meat on the bones.
Tesco and Sainsburys will soon be wishing they had this and will be chomping at the bit in a years time, in the meantime they could squeeze every possible ounce out of their current suppliers whom won't necessarily also supply Asda.
In turn these suppliers will be chomping at the bit to get this technology.
WHY so much interest? because it reduces their costs and has positive impact on their environmental obligations. The growth potential is outstanding, say 250-300 machines this year, royalties from these the following year plus 500 new machines, the year after that royalties from 750-800 plus 1000 more machines and so on and so on. Conservative figures here but just an example of growth.
I like the quote from the Asda chap about other ideas for this technology within packaging, there are now loads of other avenues to be explored and the fact that SEO are being backed by Asda will just drive it on. I bet BPRG wish they had this kind of backing. The other revenue lines like Frogpack, Water-Soluble, Bio-degradable and now Ingel are vitally important as it shows there is more to SEO than RF sealing of meat. SEO really could be the next Tetrapack.

Outside the UK many governments now do or soon will impose penalties for using too much (or any) non-biodegradable plastics. That is an enormous market for SEO too. As usual, for all Tony's talk, UK is ourselves more closely to the US and its gas-guzzling, sod the environment attitude. But even the UK will have to give in one day and embrace the need to stop using oil products to create damaging and/or indestructible waste.

andysmith

I see you have gone for 250-300 machines this year, 500 next year and 1000 the following making 1750-1800 or 3.5% of the machine market. That compares with my 200, 800 and 1750 respectively, a total of 2750 or 5.5% of the market. Both could be very conservative. At some stage you would expect competition to emerge together with patent battles; seeing the problems BPRG have had with SEO then SEO may well have similar problems. However, you would not expect the majors to want to take risks with litigation over their projects and tehy will be likely to stay faithful to SEO. It will be interesting to compare our views with the official analyst projections when they emerge. We may both be in right ballpark on current year and next year bit I suspect hopelessly cautious thereafter. Not just a matter of mid-cap but FT100 - here we come!

Eric

Morning all...hope you all had a good weekend. Here is a post from Bprg ....
'FWIW Evolution have just issued a broker note on SEO complete with financial bells and whistles recommending a target price of 30p.
This shows how it should be done.
Perhaps it will be done for BPRG soon by whoever.'
Di

di: Thanks for that. 30p will be OK for the moment. Buying those shares back?
Eric

Oh I did that a while ago Eric...I was a bit too overweight in SEO for my liking. Now I am happy to hold on waiting for the next ride.

:-)

Good news, Di

SEO is my share for this year - nearly all excess weight is in there. 30p will be a good level of comfort to reach.

SD

morning all. hope you had a good easter. good start to the week. volumes ok and we are nice and steady. also been having a read of evo's (tim freeborns) thoughts on seo. very detailed and interesting analysis.

morning all
Very good posts over the W/End not much I can add except its nice to relax on this stock and do other things.

Hi guys - SEO look good and stable for the moment - I expect them to rise over the next few months - hopefully to 30p. SEO always seem very resilient and hold up well price-wise. I think they also have excellent Market Makers in charge - they don't do silly things with the price or spread.

ULT are off on one again today if you fancy the day trading punt of the week!

bos - is there a link to evo's note?
SD

- Wish I'd kept me trap shut!!

Poverty - at least someone accepts the blame! Looking at the trades, it looks like a bear raid! Any comments?

bos: it would be helpful to have essence of EVO note if the link cannot be posted. Ta muchly!

Eric

A typical shake out then a trade buy come in at 1.1m after the close punters with this stock should just site on there hands.

evening all. link is

http://www.evbgresearch.com/

but you have to register first. if price holds at previous 17p support we will be ok , i think. lots of red today again!

thanks, bosley

red everywhere - some starting to hurt a good deal too.

sd: which paw is it? Just when euphoria is setting in, the hard knocks arrive. Keeps us humble and poor, I suppose, which is supposed to be a blessed state!

Movement today is within the convergent resistance/support spread which has narrowed and is broadly 18.5p to 17p. As a tyro on these things, I believe that the move will be up because of the direction of the flag and should not be too far distant as we are approaching 2/3rds to the apex of the triangle (OK, chartists?). If it was sd, I would say 'clever boy'! Mind, Evil has been prepared to take on NLR so I will be relieved if there is no mention of SEO in his next despatch.

Eric

Wise words indeed.

This morning's selling is looking a bit overdone - is this a buying opportunity ?

Overgrowth...If I had any spare cash I would certainly see it as a buying opportunity :-(