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

Meat on the bones;
The stores involved in the trial are offering either a bag for life, a cotton free trade bag or a "home compostible" bag.
I think they are trying to find out what the customer actually wants, but they refer to it as home compostible, which narrows it down a bit.
This was announced on 06/03, so the SP rising today makes it look like the first rise was rumour and this one is some people taking this as confirmation.
I would urge everyone (not that they need urging) to ignore rumours on SEO, because history teaches us they are usually unfounded.

GMTV shown the Co-op now using Bio-bags for their customers.
Since British company, SEO must be suppliering these bags.
We will find out this Friday at the Results

Jonk1,

I'd hazard a guess the supplier is Symphony Plastics

They have colaborated with the Co-Op in the past on a similar product - details here:-

http://www.guardian.co.uk/environment/2002/oct/17/waste.g2


Symphony's site here:-

http://www.degradable.co.uk/


SEO do have other competitors with products conforming to EN 13432 and the following company seem to be big players with distributors in the UK


http://www.materbi.com/

The Master,
Did the GMTV article specifically say they were supplied by a British company ?
And are you marrying this to the curious line in the recent RNS that stated SEO was the only british company supplying such products?
Or am I looking at it too closely with rose tinted magnifying glasses?
Alan

Alan,

'are you marrying this to the curious line in the recent RNS that stated SEO was the only british company supplying such products?'

I don't now believe that statement put out by SEO to be correct, having looked at what is available. Both Symphony and Novamont (Materbi) appear to have the same product and it is available in the UK.

Have we reverted to the SEO Ministry of Misinformation?

Confused of Berkshire.

Playing at semantics, Oblo.
A product available in the UK does not mean the same as either a UK company, or manufactures in the UK. After all, a Nissan made in Sunderland is hardly a UK company, and though it is arguably manufactured in the UK, one would never say it was a UK product.
This is why I was asking about what GMTV said exactly.

Alan,

I think you missed my point - I wasn't talking about what was said on GMTV but about the RNS which you quoted above. No semantics.

The RNS said SEO were the only British Company supplying the products - what I'm saying is that contrary to the RNS Symphony Plastics supply the same product, and heres another company - ecosac - also supplying them:-

http://www.ecosac.net/about.html

By the same product, I mean products conforming to EN 13432, the industry 'norm' - definition here:-

http://www.materbi.com/ing/html/prodotto/cosematerbi/pop_norma.html

Stanelco plc, the only bioplastics manufacturer headquartered in the UK, the RNS said.
Not the only supplier of bioplastics.

.?

Thanks jimward - Alan, you misquoted from the RNS. Shame on you!!!

Big difference between what you said and what was said - nothing to do with semantics. Rap over the knuckles!

At the present time, d2w, and any other oxo-biodegradable products, do not meet the requirements of EU Standards for degradable packaging. The significance of this and how this is likely to change are detailed below.

Standards
UK Standards are normalised with those of the EU. Domestic Standards are created by the British Standards Institute (BSi) who also administers those of the EU. The current Standard for degradable packaging is the European Standard, EN13432. A key feature of this Standard is the measurement (using the Sturm Test) of the speed of emission of CO2 in the course of degradation in compost. Although d2w products totally degrade, the speed at which they emit CO2 does not meet the current Standard - indeed, based on this definition even a leaf cannot be called 'degradable'.

http://www.thisisdevon.co.uk/displayNode.jsp?nodeId=141507&command=displayContent&sourceNode=141507&contentPK=20095856&folderPk=91672

11:00 - 08 March 2008

The UK's first fully accredited home compostable carrier bag will be launched at a supermarket in South East Cornwall on Monday.

The environmentally friendly bag will be launched at The Co-operative on Fore Street, Saltash, to encourage shoppers to cut down on using free plastic bags. Shoppers will also be able to choose a Fairtrade Cotton "Bag for a Better Life" or a plastic "Bag for Life", which The Co-operative replaces for free and recycles.

Plastic bag recycling bins are also being installed in the stores. Store manager Simon Ashley said: "The ultimate aim of this initiative is to see if we can help reduce the use of plastic bags.



"In order to do that, we need to show shoppers that there are alternatives to plastic bags and that, by using them, we can help reduce the impact on the environment. It's about winning over the hearts and minds of customers."

Today, Saltash shops will charge 5p per plastic bag in a Pay for the Bag Day organised by voluntary group Saltash Environmental Action.

The whole of Hebden Bridge town centre is doing the same.

A similar news release was posted on 28th of Feb, but for 11 stores in the Northampton area.......coincident with the sp upsurge...2+2...

Sold out at a profit, it was a punt.. very risky ..could go back above 1p but then again...might buy back in at some stage in the near future... but my idea is to make a profit on this.. if it dropped back to below .4p I,d be kicking myself...anyway I,ll be watching !

rf,

My idea is to make a profit on this as well. Thats why I've held it for several years and expect to hold for several more. It'll be 50p by 2099, IMO. I intend to live to be 144 just to prove the knockers wrong. My wife's none too happy about this as she wants the insurance. She says Stanelco have a lot to answer for.

Difficult one to predict... a few years ago I bought in around the 5p mark and then several other times all the way up to 27p when I sold out and then made the mistake of buying back in around 21p and then sold out at 15p...never bought back in until a couple of days ago... so it has been a bumpy old ride...I,m just trying to get it right now....though at the moment I'm taking a massive risk on FRR (oil stock) with huge potential...if that goes pearshaped....well I shall get my fingers really burnt...let's hope SEO recovers !

Is it difficult to predict when considering SEO's past performance?

Looks like it is going back down again !

rf
Good job you sold then.