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

now i wonder why there is no mention of profits .... for rocket scientists and baboons only!

Baboon,

Some more information for you!
================
RNS Number : 0801C
Stanelco PLC
06 November 2009




6 November 2009


Stanelco plc ("the Company" or "the Group")


Interim Management Statement


Stanelco plc issues its interim management statement for the period from 1 January 2009 to 5 November 2009, as required by the UK Listing Authority's Disclosure and Transparency Rules.


Highlights


*

Sales to 30 September up 12% to 13.4m
*

Trading performance in line with Board's expectations:
*

Continued growth in bioplastics division driven by interest in adopting sustainable products; increasing applications in new sectors
*

Radio frequency applications division sales order pipeline continued to strengthen; growing overseas sales in China and India

*

Closing cash position at 30 September 3.7m, increased by working capital improvements
*

Board confident in full year outlook


Trading Update



Group revenues grew strongly during the nine months to 30 September 2009 and the Group's overall trading performance was in line with the Board's expectations.


Group revenues increased from 12.0m to 13.4m in the nine months to 30 September 2009, an increase of 12% compared with the same period last year. This reflected a 29% increase in bioplastic sales made directly by the Company, a 30% increase in sales in RF Applications division and an 8% increase in third party sales from our joint venture, Biotec.


Our cash position at 30 September 2009 was 3.7m, strengthened since the half year by working capital improvements, including a reduction in stock levels following the summer production holiday.


Bioplastics division


In the Bioplastics division, the sales team that was established last year has had a number of successes in growing sales of the Group's existing biodegradable products into the market, delivering a 29% increase in the Company's bioplastic sales in the nine months to 30 September 2009. The division has broadened its customer base with over 40 new customers in 2009 and widened the set of end-use applications by a further 17 in the same period. The management remain encouraged by the division's opportunities for growth.


The product development team continues to work closely with a number of blue chip customers and mainstream plastics convertors to develop a widening range of biodegradable products that can substitute oil-based plastics. Whilst some of these development paths are still at an early stage, others are poised to deliver further growth in the coming months. The development team continues to focus on those accounts which we consider could have the maximum growth potential.


We continue to see strong demand for bioplastic products in the market, driven not only by concerns about waste disposal but also by the desire of many large corporations to switch to using sustainable resources in key brands. This switch to the use of "renewable" materials in advance of legislation is seen as both a branding enhancement and a hedge against further oil based price rises. Sectors in which we are gaining traction include packaging, waste disposal, paper products, personal care, horticulture and electronics. The sales development work undertaken in the USA over the past year is now also gaining momentum.


Our joint venture, Biotec, delivered 8% growth in its third party sales for the 9 months to 30 September 2009 compared with the same period last year.


Radio Frequency (RF) applications division


In the RF Applications division, the team has been fulfilling a number of significant orders that have been won in the nine months to 30 September 2009, including the 0.3m order for RF furnaces disclosed in our interim results. Sales in the period increased by 30% compared with the same period last year including growth in both optical fibre furnaces and more general industrial equipment in which we are building a portfolio of customers making repeat orders. The sales order pipeline continues to strengthen with a particular emphasis on sales in India and China. As a result, a new sales consultant has now been appointed for Stanelco dedicated to the Indian market, as this territory shows signs of increasing growth in the next few years.



Outlook


The Board continues to be confident in the outlook for the full year. Our focus continues to be on working closely with customers with the potential to deliver increases in revenue, whilst considering acquisition opportunities and other paths that could significantly increase the scale of the business and deliver 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

what's the diff between turnover and the big P word? ....... clearly no one on this BB knows, nor the board of SEO!!

be thankful it's not dead in the water...at least we baboons have a chance....god knows when of getting a bit of cash back. At least they appear to be trying, cheers fred, and raspberry to cynic...:))

baboons have a chance of what? ..... chewing their nuts?

If they avoid chewing our nuts that will be a bonus!

where did you get yours from?

Tescos!

buy one, get one free?

Better than that - reduced cos at sell by date!

sounds like me!

think your well past that cynic.... your in the skip out back !!!lol

knew someone would pick up that trailed coat!

Cynic you really are bad
But,every little helps!!!!

just got in, thought i'd have a peak to see whats going on today. just looking at chart in header, nothing more, that sure looks like an up day on massive volume to me(volume being relative) thats usually bullish. a good rally from here wouldnt surprise me.
but can it get back above that blackline? wouldnt surprise me based on that volume.
dont forget, "if i can get out at such and such a level i'lll be happy" if it gets there and you dont, get out that is, then might i suggest you at least put in a sell stop so you wont end up unhappy yet again. follow it up, but dont let it rinse you once again, and please dont average down. just my opinion as always. please all dyor.
hmm! just noticed open price appears to be same as closing price so maybe not so bullish as i originally thought, pays to do homework.i'm off to check high volume on candles just to see what they have to say or suggest.maybe it's bearish price movement on good news? so i do hope no one averaged down on the good news. could be wrong of course.
anyway good luck to you all.
regards
jkd

delayed reaction...watch it go monday

Very rarely visit this thread now, due to Cynic (who I squelched months ago) and the fact that some posters still reply to him, meaning good relevant posts become buried in the dross.
Will try again in another few months, hoping everyone will ignore Cynic, but not holding my breath. Shame as Stanelco look to be finally (but very slowly) turning things round, and this thread could become interesting and worth reading yet again.

Regards to all, except of course !!!!!

Cynic over ripe and squelched.....hehheheheheh what ever next.

i'm so deeply hurt by that remark

I'm sure you are not, Cynic - for if you are already squelched, you won't feel the pain!