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

almost 2 days and no posts. Had'nt posted for a while, read last few pages and am utterly dis heartened that this share is practically dead.
I await the next gut wrenching update from SEO . Hopefully it will put us all out of our misery one way or another.
Oblomov- your pictures are disturbingly amusing/erotic.
just goes to prove how mentally unstable this share has made me.
Good luck to all.
Holding as to sell peanuts is 'nt worth the effort. It's a sad day when your 7 year old has more in her savings account than you do in your portfolio.

A thousand cuts springs to mind!

The agony will be prolonged, which would be true to form! Next RNS will simply be about the final payment for Biotec.

Then we'll have the long drag over summer with nothing happening news-wise untill September.

Go on SEO, make my day!

posted by THE OWL on ADV bb ( from T&G note)

Kathryn4,

you beat me to it ...lol.
No chance of you emailing me a copy of the note is there?

After the RNS, my expectations were for a 4-5m loss, and revenue estimates in the 7m-8m mark - no more. If you look back you'll see my post. Some have been a lot more negative - expecting less than 6m to Dec 2007, in view of the Adept news, Aquasol, and uncertainty surrounding Biotec in the US.

Trouble is no info on the website, T&G do not cover SEO in the way they did (as I confirmed today) which is why their forecasts are way out of date (Oct 05 I think). They are though still the closest to the figures, and this is recent and public as Kathryn has confirmed.

Ok, so the news...

1. Revenues (from that note which Kathryn has seen, but I have not - yet) are expected to be less than 13m previously, but nowehere near my figure of 7-8m. They have 11m.

2. Losses widen to 3m as per RNS. This is much less of a drop than I was expecting given the changes. I had something like 5m...I think likely less than
last year.

3. Be careful of Sphere estimates of Bioplast I was warned. Its in their interests to talk up the tonnage, and just because they can sell a certain amount does not mean Stanelco can!! We must wait for proper estimates is what I was told which should arrive as per RNS when Paul Mines determines, but certainly by end of September when Interims must be produced - so we have a max 3 month wait.

Lack of clarity on Biotec is why they haven't revised the 33m figure they had in for 2008, and are now providing no guidance.

Now either they are playing Biotec down for some reason (and us PI's do need to be a bit circumspect here!), or we really do need to wait. There's no way of knowing, Nevertheless it does seem the demand is there, so it still helps to watch Sphere ...

4. The question I've not had answered is where is this latest revenue coming from? In theory if correct, we should be seeing c4-5m sales at the interims, but their core RF furnaces etc don't account for a lot of this - less than 1m per year so I gather.

On this last point, all I can assume is the 2 Starpol 2000 products are doing ok in Wal-Mart, and the 3rd "...imminent..." (see RNS) has some projections against it which the broker is prepared to include in their figures, so perhaps it is more 'imminent' than we think. I am only guessing here though, and totally wrong. If anyone can shed light on where they think most revenues will come from this year...?

5. Re the NAV calculations, yes we are well below NAV - but we should be careful as to what is included in the NAV calc i.e. what is a physical asset and what is not.

I read yesterday across all the Stanelco range they have something like 340 patents. 60 on Aquasol alone! Can Paul Mines exploit these with the team? we wait to see. He has a better chance than most.

6. As Kathryn says, best to wait till next year for better info- Though September was what I was told i.e. in line with RNS. I'm relatively recently into SEO with an av of .68 so can take a longer view but if time-line is shorter, anyone not prepared to wait may be best to sell.

just for the interest of you guys ..... have just come back from S of France and it was interesting to note that the two supermarkets I ventured into (Champion and Leclerc), make you BUY your (relatively strong) plastic carrier bag at the exit (15 cents) ..... knowing how many of these damn things we accumulate at home, though they do get recycled for cat litter(!), the saving in plastic must be very considerable indeed.

as an aside, the quality and variety of fresh produce even in these small-town supers made one cringe at their UK counterpart ...... the greengrocers in the town(s) and even villages leave almost anything in UK for dead!

What ever happened to the sale of the patent for the Biodegradable Cigarette Filter, on the radio today five live they said there is 2b discarded filters just on the beaches alone every year that figure is increasing because of the smoking ban starting tomorrow it take ten to fifteen years for a butt to biodegrade because of there plastic content the patent must be worth a fortune.

Have SEO still got this patent?

does it matter? ..... SEO has even less life and value than BFC!

who turned the rock over?
:-)

tweenie .... don't be a cheeky boy or the bogey man will get you ... lol!

cynic
Dont you think the value of the butt patent is worth at least 100m what would that do to the sp.

http://www.packagingeurope.com/NewsDetails.aspx?nNewsID=14131

jimward9
Cheers good find

Biotec greatly increases Bioplastics capacity
Wednesday, 27 June 2007, 14:30 GMT

Biotec GmbH, the 50/50 subsidiary of Stanelco PLC (UK) and Groupe Sphere (France) has installed a new 5m Silo, and plans for producing bioplastics on a big scale commence at the end of July.

The Emmerich-based company "Biotec" is being visited by a range of celebrities, including the Walmart board of directors and a French film team. Even French president Nicolas Sarkozy is impressed by Biotec products. He looked at products such as bin bags and carrier bags at "Sphere" in Paris, that are being produced on the basis of granules manufactured by Biotec.

As of July, Biotec will manufacture granule for biodegradable plastics. This is of particular interest in France, since oil-based plastic bags will be banned from 2010. "Sphere", the French mother company recognised the signs and bought Biotec one and a half years ago and will now manufacture bin bags from the granules, with great future perspectives.

The company manufactures granules that serve as plastic raw material based on potato starch. The advantages: It is a renewable ressource. Experts fear that there will be no more oil in 30 years from now. The properties are similar to standard plastic bag, but is biodegradable within two weeks.

Nothing new - different version of the previous report, but at least it mentions SEO specifically.

"Biotec" is being visited by a range of celebrities, including the Walmart board of directors "
This bit alone, gives me new hope.

It is good to see a mention of SEO in connection with this but I hope that I am being pessimistic when I look at the RNS that referred to all this being 'nascent': an anagram of that in French is 'cent ans', SPhere is French so would it mean 100 years before profit, or SPhere saying "involve Stanelco?, non, not in a cent ans"?!

Snippet from the RNS;

the Stanelco sales and product
pipeline is currently nascent and is expected to be developed over the course of
the next 18 months or so. '

Just for fun, lets change the word nascent to the Oxford English Dictionary definition of the word;

the Stanelco sales and product pipeline is currently
just coming into existence and is expected to be developed over the course of the next 18 months or so. '

Add this to the news from Biotec and its American visitors and there is a faint glimmer of hope.
I read the RNS as stating that sales are just starting and will take 18 months to reach potential, rather than will not start for 18 months...........but I am used to getting it wrong with SEO.
Alan

Bloody stop it NOW!

We've all been on that merry-go-round, or should it be "Big Dipper" for some time now........this is the seed of 1 to 35 per share chit chat.

REAL NEWS OF DEFINITE REVENUE is required!

Al
I agree they must have started, they cant be sitting on their hands for the next 18 months they have been doing that for the last two years.

garyble,
Have you no ambition?? I was thinking more on the 70-80 line.......;-)
Seriously, with any other quoted stock, I would take the RNS as being very positive for the next year or so, but this being SEO, nascent could mean any bloody thing!!
As it is SEO, you are of course right, we must wait for hard news that is not open to strange definitions, but I doubt we will get that untill after the event and when the big boys have had their fill at the watering hole.
Alan

5p by xmas, and i'll be happy........ ish.
:-)

14p by Christmas and I'LL be happy.....ish.