bosley
- 20 Feb 2004 09:34
roma
- 07 Apr 2005 09:51
- 2531 of 27111
Excellent news today.I think the profit takers, will be well sick in a years time, glad to see SEO are expanding and not just sitting back,buyers coming back in, not that day to day worries me to much,i'm in for the longer term.
Good luck to all.
mancharry1
- 07 Apr 2005 09:59
- 2532 of 27111
Bosley,is this preparation for a deal with Wallmart do you think?
andysmith
- 07 Apr 2005 10:05
- 2533 of 27111
Just imagine what will happen when US deals are announced. This is a fantastic decision by SEO management, put things in place before going after the deals.
They are still at the moment a small company and better to have agreements with US engineering company than employ their own people out there.
Expect sp to fall again in next few days but the more people that buy high the higher the support price. Some profit taking will be computer generated, shame!!
Keep those shares locked up for the long-term but if EK does his tricks again, no harm in selling a chunk (20%) high and buying back later with an increased holding. I will never short but if you can predict when it is happening like Tuesday you might as well play the game to increase your holding. In the space of 6 hours I let them increase my holding, thanks EK!!!!
dawsinho
- 07 Apr 2005 10:11
- 2534 of 27111
If this is anything to do with a deal in the US with wal-mart, the potential is massive.
As of February 28, 2005, the Company had 1,353 Wal-Mart stores, 1,713 Supercenters, 552 SAMS CLUBS and 85 Neighborhood Markets in the United States. Internationally, the Company operated units in Argentina (11), Brazil (149), Canada (262), China (44), Germany (91), South Korea (16), Mexico (697), Puerto Rico (54) and the United Kingdom (283)
http://investor.walmartstores.com/phoenix.zhtml?c=112761&p=irol-irhome
robinhood
- 07 Apr 2005 10:41
- 2536 of 27111
Driver here is your answer:
RNS Number:1658K
Stanelco PLC
24 March 2005
24 March 2005
Stanelco PLC ('Stanelco' or the 'Group')
ASDA adopt Stanelco's GREENSEAL technology
Stanelco PLC, the RF (radio frequency) applications group, is pleased to
announce that it has signed a binding contract with ASDA for a 12-month
exclusive agreement for the application of the Group's GREENSEAL tray lidding
and thermoforming RF technology in the UK and Ireland. ASDA anticipate that
several hundred machines will be adapted to utilise the technology due to the
significant benefits it delivers.
The agreement follows successful trials at a number of different ASDA suppliers
and will mean that the suppliers involved in the programme will, where
practical, convert from traditional heat-sealing to Stanelco's revolutionary RF
technology.
bhunt1910
- 07 Apr 2005 10:56
- 2537 of 27111
Buys now outnumbering sells - just
kshammas
- 07 Apr 2005 10:58
- 2538 of 27111
andysmith
- 07 Apr 2005 11:09
- 2539 of 27111
Driver, the 12 month agreement with Asda is for UK and Ireland.
Outside of here they can roll-out this technology but have a major advantage in US with Wal-mart being Asda'a owners who are bound to be aware of this.
Watch the sp, it will drift back as this RNS is just alerting of an agreement with an engineering company, which is great for us SEO followers but is not a deal to supply RF retrofits. Expect sp drift-back and I may buy again as now even more confident of SEO expansion plans. Makes the 1 year deal with Asda look even better as it allows SEO to concentrate on this and probably US which will be bigger than Tesco/Sainsburys.
bhunt1910
- 07 Apr 2005 11:21
- 2540 of 27111
.......and lets not forget the new packaging that they announced
b
A Ruthies Fund
- 07 Apr 2005 11:48
- 2541 of 27111
All
Well it's a cold,wet miserable day down here in south London...but do I care? No I do not! If my little pension pot grows in the way SEO plan I'll be able to retire earlier than I thought. ; }
Isn't life just wonderfull...can't match bos for the singing so I'll just have a drink!
Best of luck to you all.
Regards Ruthie
andysmith
- 07 Apr 2005 12:22
- 2543 of 27111
I read it that they can't make a deal with anyone else in UK & Ireland for 1 year. Outside of that the worlds their oyster. After 1 year its up to SEO/Asda what happens in UK and Ireland but the worlds a big place.
bhunt1910
- 07 Apr 2005 12:38
- 2544 of 27111
I am sure that earlier discussion recognised the fact that the ASDA deal was UK and Ireland only - but I think the main concern was whether SEO could grow quickly enough to service ASDA and others elsewhere in the world (primarily USA). Well I think SEO are demonstrating that they can think outside f the box - and I do not think that it will end there. They know that they have a world beating technology - but it wont be long patent or not - that others will start to try and copy them - so thay must take advantage of the lead that they have. They have already said that they are spending a fortune to protect their patent - but we all know that that will not stop others trying.
Baza
bosley
- 07 Apr 2005 13:02
- 2545 of 27111
so, seo are going to train these american engineers how to retrofit their greenseal technology. when this is done they can then start to roll out in america, canada and mexico. so thats uk , ireland, and now america, canada and mexico taken care of. so , that leaves the rest of the world to move into . i mean, the next rns may be that some chinese packaging engineers will be coming to seo to learn how to retofit greenseal. after that there is east asia, australia, ....... you get my drift. it seems we may have been looking at this all wrong. maybe seo dont have to recruit, maybe this is the fastest way to get in first before others try to copy the technology, as bhunt suggested; seo can teach others how to use the technology and cut them in a slice of the license fee. seo are full of surprises!! four months ago the deal with asda was just a pipe dream , now its real!! todays rns came right out of the blue. it could be preparation for walmart. we all thought they had lost the cc but it now looks like seo may get something out of it. not really a company you want to be out of .......who knows what you may miss!!!!!
nickrichards
- 07 Apr 2005 13:27
- 2546 of 27111
Andy / Driver
This is very good news for SEO,
I must confess to being confused about Reisers. the RNS dated 17th August 04 states that "Stanelco had entered into an exclusive, non-binding heads of terms(?)with Reeisers concerning the use of Reisers tray lidding machines in the USA and Canada" Yet in todays RNS it states that (para 5) "Whilst Stanelco is yet to sign licence agreement for its Greenseal technology in North America"
I had thought originally that there was a Exclusivity deal with Reisers as with ASDA and i assumed that this would expire in August(ish, 12 months from original RNS) When i first read this mornings RNS i thought that the three months setting up time coincided quite nicely with the expiry with Reisers, this appears to not be correct (with no licenses having been issued in America). However it does mean that (If I read things correctly) America NOW offers unrestricted potential to Stanelco. I would assume that the issuing of licences will take a period of time to initiate, With this in mind, I would hope to see a number of licenses being issued over the next couple of months with commencement of modernisation of machines starting as soon as Premier are ready.
It all looks quite exciting for the future.
Best wishes to all
Nick
andysmith
- 07 Apr 2005 13:29
- 2548 of 27111
When SEO do tie up a deal in the US it will be another first - the yanks taking some responsibility for the environment!!! Holding these shares could really be a life-changer if you hold for 2-5years. Bye-Bye mortgage is my target and if being overweight in SEO is how I do it then so beit.