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

Bailboy, don't like admitting it, but I am in the same B. boat.

Thought it time to bring this forward, nice rise going on here with no news. any ideas??

Update on progress this week i think thurs.

Thanks capetown, lets all think positive thoughts from now on. :))

Its friday actually.

Looks like SEO actually sold a plastic bag to ASDA hence the 26% increase

just looked at a long term chart of this, looks like accumulation at a bottom to me by the pro's. seems no one wants to sell, i expect you all know why, and those that do eventually give up are being "mopped up". maybe its time to create a bit of interest?
what better than for us all to start to see the price start moving? and a bit of press speculation plus rumour etc. if this starts to become volatile beware buying more. they the "pros" are going to off load all their buys onto someone. it wont be me. will you be foolish enough to believe it and buy more? or be happy to sit tight and get out at break even? just my opinion.
regards and beware.
jkd
edit please dyor and make up your own minds.

Will be happy to hold, am well over weight with these (though you wouldn't think it if you saw me lol) Perhaps if hylow were to short it, it would cause a bit of a stir. Hello!!

We shouldn't forget that this Co (management) has been full of a considerable amount of hot air, not the useful type, that might power industry - oh no, this was shall we say like the nasty niffs cows are rumoured to make as they chew things over.
The company managed to convince the Market it had a novel product that would be eagerly sought by supermarkets - but no-one wanted it, something that could have been established by offering the trays at a Farmers' Market.
If the Management really has changed, they need to do a bit more than provide saplings for schools (News item) - something that squirrels do for free and have done for thousands of years.

50p by Christmas? ;o)

strange...SEO thread seems pretty quiet considering results out friday...maybe the j boys want it all to themselves like qxl

Hoped for better.

RNS Number : 1519Y
Stanelco PLC
28 August 2009




28 August 2009


Stanelco plc ('Stanelco', 'the Company' or 'the Group')


Interim Results for the six months ended 30 June 2009


Financial Highlights


*

Group revenue up 9% to 8.1m (2008: 7.4m)
*

Loss from operations reduced to 1.5m (2008: loss 1.6m)
*

Loss from operations before share option charges reduced to 1.4m (2008: loss 1.9m)
*

Loss before tax increased to 2.7m (2008: loss 1.1m) after partial reversal of foreign exchange gain on intercompany loan
*

Closing Group cash position 3.4m (2008: 6.2m)
*

Investment of 1.3m of cash into working capital to meet increased sales and seasonal stock build ahead of summer production holiday

Business Highlights


*

Continued levels of good growth:


o

29% growth in bioplastics sales made directly by the Company as focus on new products and growth continues; 29% growth in sales in RF Applications as business broadens into new market areas
o

Significant progress made in developing new bioplastics products with major customers

*

Benefitting from working closely with customers to develop products
*

Confident in full year outlook


John Standen, Non-Executive Chairman said:


'In the first six months of this year Stanelco has made further significant progress in the development and delivery of its product range for the plastics market which will meet the needs of the 'sustainable' agenda. This is being delivered both from the intellectual property (IP), cash and other resources in place in 2007, when a more professional and appropriate approach was adopted by the Company, and from the impetus brought by well qualified and experienced personnel.


In the BioPlastics division, the R&D team have begun the commercial testing of new products based on novel IP built over the last 18 months. We have also begun material shipment in advance of a substantive product launch in the second half for one of our target markets of personal care. In the Radio Frequency division, a widening of the technology base is also beginning to deliver growth in a variety of markets.


Your Board believes that the growing evidence of success in these endeavours is the key to proving Stanelco's ability to build a cash generating business for the future. We will continue to work closely with our customers to deliver further revenue growth, while we assess acquisition opportunities that we believe would provide us with the size and scale to improve shareholder value.'


- Ends -


For further information please contact:


Paul Mines, Chief Executive, Stanelco plc

Sue Bygrave, Group Finance Director, Stanelco plc




Tel: +44 (0) 2380 867100


Jonathon Brill/Caroline Stewart,

Financial Dynamics


Tel: +44 (0) 20 7831 3113

The next results have to be better.

It will be interesting to see what happens in the next 6 months. The following is taken from the above RNS:

"We have also begun material shipment in advance of a substantive product launch in the second half for one of our target markets of personal care."

Might just finally get there? - I don't hold these but have been reading with amusement. Still, PXS has stirred at last...

This is like the 1 penny club on "deal or no deal" except worse....

For "In the first six months of this year Stanelco has made further significant progress in the development and delivery of its product range for the plastics market" read "We have made a bag and have bought a new battery for the Reliant Robin"

50p by Christmas 2010? :o)

Me thinks your decimal point is in the wrong place ...

;-(

Lol! - thanks you guys

another cash call coming next year?

As already mentioned it will be interesting to see what the position will be in another 6 months. On one side is the positive (could be a bit of the old spin) re the substantive product launch in the second half for one of our target markets of personal care, whilst on the more negative side SEO is still not in profit, with a still fairly heavy cash burn.
So it is just a question of which side of the coin wins through.