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stanelco .......a new thread (SEO)     

bosley - 20 Feb 2004 09:34

Chart.aspx?Provider=EODIntra&Code=SEO&SiChart.aspx?Provider=EODIntra&Code=SEO&Si

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


EWRobson - 12 Feb 2007 14:29 - 23582 of 27111

KIm Thanks very much. I think we have hit on a key point. We are talking about a matter of fact so hopefully we will be able to find out just what the trays per minute picture is. Sounds pretty fast - a tray per second - particularly if sequential rather than parallel. Does anyone else have the info? I'll ask Paul Masterson who seems to have the contacts.
Eric

parrisf - 12 Feb 2007 16:32 - 23583 of 27111

I have SEO in my C.I. COMP.. I see Bosley is a few higher than me.
Last C.I. comp. SEO got me up to 3rd position, bet it won't happen this year.

kimoldfield - 12 Feb 2007 16:39 - 23584 of 27111

FWIW I re-purchased the 200k that I sold last week, no reason other than I feel that I should have stuck with my thoughts that Starpol products will be the main winner for SEO whilst income from their other products will eventually provide all funding for R&D. Wait for the RNS tomorrow:- "We regret...................."!

EWRobson - 12 Feb 2007 17:33 - 23585 of 27111

Kim PM doesn't think that the speed is a problem. Your point anyway is that SEO would work with the manufacturers to solve the problem. Maybe the RF could slow down a converted machine whereas you wouldn't expect any problems with a new machine given that the spec would define the throughput required.

kimoldfield - 12 Feb 2007 21:48 - 23586 of 27111

Eric,
I really hope that SEO have been able to address the speed problem, when it comes down to making a profit the 'big guys', for all their spouting about going green, will not accept a machine that turns out 60 trays a minute against one that will turn out 200 a minute (Ishida Europe) no matter what method is used; it makes a difference of 8400 sealed trays per hour which you will agree, is not an insignificant number. The 'green' pros were outnumbered by the 'profit' cons at the time. Naivety was one of managements biggest failings in the past, I am hoping that it IS now in the past.
kim

garyble - 12 Feb 2007 22:27 - 23587 of 27111

It is inconceivable that SEO would retro-fit GS to a machine without first defining key performance measures, of which pack rate would certainly be one.

qtheman - 12 Feb 2007 23:06 - 23588 of 27111

EWRobson, I always value your posts as they are sensible and level headed but I am not convinced on your arguments regarding Schroders involvement with SEO. Yes they perhaps see SEO as a nice investment but I don't buy into the idea that having put a few million into the placing they have much say whatsoever in the SEO boardroom. A few million to them is the equivalent to me sticking 100 on a 3 legged donkey.

I'd like to agree with you but on this occasion I don't and will wait and see what comes down the line.

Q.

EWRobson - 12 Feb 2007 23:43 - 23589 of 27111

Kim Some helpful feedback on throughput which comes primarily from the GreenSeal video from Stenalco. The low volume machine shows a dwell time of 1.5 secs per weld, giving 40 cycles per minute; 4 packs per cycle would give 160 packs per minute. The Proseal, Multivac and Mondini large scale machines have 8 packs per cycle putting the (theoretical?) speed at 320 packs per minute. The manufacturer quotes a lower rate without GreenSeal because heat sealing is slower and needs longer for the heat to penetrate and melt the plastic to create the bond. Looks as if you have heard misinformation. I think all this info is in the public domain.

I am not sure whether we have any technical wizzkid on the board at the moment. In addition to Paul Masterson, Andy Smith always knew his stuff. What is coming over is that the Technical guys at Stenalco are doing their stuff - a new patent, too complex for me, published today (Patent No. EP1749641). The feeling is that, if the problems have been technical, they have been or will be overcome.

Re the point from Q (wasn't that a souce fro the new Testament?) I have had direct knowledge of Schroders though in the rather distant past. Their style is to get involved, perhaps by an an associate consultant, to influence the company in which they are investing. Their involvement in leveraged buy-outs will only follow a due diligence process. They are putting pension fund monies in here and I would be most surprised if they were not keeping a close eye on progress. It seems highly likely that the departure of White and Balchin was part of the price of their backing. Given the dreadful performance last year (thoroughly naive about funding needs for instance), for the issue to have been successful, City investors must have gained confidence from somewhere and Schroders is most likely.

What do they say, Q Ed! Are you called Ed?
Q Eric

kimoldfield - 13 Feb 2007 00:44 - 23590 of 27111

Eric,
No not misinformation, historic fact however, as I said. SEO readily admitted at the time that they could not match the speed of Ishida and other machines, irrespective of the number of lanes, 2, 3,4 or 8. I repeat that I hope that they have been able to overcome the speed deficiency: they did have tooling issues last year but they said that they had overcome them. I do not know what those problems were.
kim

greekman - 13 Feb 2007 07:27 - 23591 of 27111

Kim/Eric,

Two excellent structured posts (both giving differing slants, and not sure which view to go with. Time will tell).
Posts such as these make this thread a great read.

Cheers Greek.

boldtrader - 13 Feb 2007 07:58 - 23592 of 27111

Here,Here.

EWRobson - 13 Feb 2007 09:50 - 23593 of 27111

Just to clarify the patent posted yesterday. Gobbledygook to me. But I understand that it relates to the sealing heads and the layer of plastic that is put over them to make them work properly. I am taking the view (5 engineers are named on the patent application) that this will remove the stopper on Greenseal progress. Decent demand this morning. So, wait for it, I am back in! Tell zscrooge someone.
Eric

Tonyrelaxes - 13 Feb 2007 10:12 - 23594 of 27111

The video is a demonstration (look at the hand filled salad trays and trays on the line containing differing products). I suspect the machine was purposely running slowly for purposes of the filming and better demonstrating GS in operation.

I saw a GS demonstration 6 or 7 months ago which included filling trays (with blocks of wood!), covering with film from a roll, sealing and trimming the film.

Although I didn't time the throughput it certainly appeared faster than the video. Or at least it did to my failing memory and rose coloured glasses!

garyble - 13 Feb 2007 10:32 - 23595 of 27111

I think this post re-lit the GS speed issue:

Sharesure - 11 Feb 2007 10:43 - 23566 of 23594

Bosley, totally agree with your comment. Too many, including me, have been prepared to trust/believe in the past, and some of the present, mgt. They and we have been naive for different reasons. If this stock ever becomes more than a useful CGT loss to offset against profits elsewhere I shall be more than amazed.
The RF machine they demo'd to me at the factory late last year was slow.


Would be good if sharesure could add relevant detail: Machine Make & Model, pack rate pre-GS conversion, pack rate post GS conversion, and particularly, was the demo a live run at full speed.

As has been said, pack rate and seal integrity are two key factors in this arena.

Tonyrelaxes - 13 Feb 2007 10:38 - 23596 of 27111

I was with Sharesure.
Funny how memories and perceptions differ.

bhunt1910 - 13 Feb 2007 10:53 - 23597 of 27111

Picked this of another site - worth a look (Courtesy of PSLeon)

Notice near the end ( Looking forward) Salad Bags

SEO are one of the 50 Members


http://walmart.feedroom.com/ifr_main.jsp?nsid=a-4cd3c5d8:110ba4f17ac:5634&rf=sitemap&fr_story=bcd39c5166dcf0997a294eaf9ea793cd7297516b&st=1171361321890

bhunt1910 - 13 Feb 2007 11:22 - 23598 of 27111

SEO are producing salad bags for ASDA using Greenseal, the SALAD Bags are on the Walmart video at the end with a slide saying futures

http://www.wrap.org.uk/retail/index.html
see slide 3 for Asda salad bags

garyble - 13 Feb 2007 11:30 - 23599 of 27111

Bhunt,

I see no direct mention of SEO, but recall Alan's comment that his source mentioned ASDA's plan for salads to be GS'd and on the shelves in March...is it a case of 2+2?

hewittalan6 - 13 Feb 2007 11:31 - 23600 of 27111

Baza,
Are you certain these are SEO? I have seen them many times in our local Asda, but they have nothing on them to distinguish them from all the other packaging.
Are they GS or Starpol or both?
Sorry to press you on this.
Alan

bhunt1910 - 13 Feb 2007 12:26 - 23601 of 27111

am acting as a bit of a middle man here - because I dont know - but here is the response from the chap of whom I asked the same question

"No I don't think they are there yet, as the video stated futures

But if the asda bags have reduced packaging by 10- 15% as in the Wrap slides then Walmart will probably follow, hopefully with alot more products "

So I guess a case of 2+2 at this stage
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