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

17th February 2010

Stanelco Plc



Biome Bioplastics launches a new class of high temperature bioplastic

RF Applications secures further export order worth 0.5m

Forgot the paste! 8-)

Perhaps I am past it.




Stanelco is pleased to announce the following in respect of its two divisions:



Biome Bioplastics creates new high temperature bioplastic 'BiomeHT'



Biome Bioplastics Limited (the recently re-branded bioplastics division) is pleased to announce the launch of an exciting development in the field of bioplastics. BiomeHT is a new class of high temperature bioplastic that provides significant benefits over existing alternatives within the market.



This new product offers the ability for bioplastics to be used in higher temperature applications as a result of its superior temperature performance and greater rigidity. This breakthrough in the bioplastics sector opens the market to a multitude of applications that have not been able to benefit from the environmental properties of bioplastics in the past. With a softening point of greater than 90OC, in both dry and wet conditions, Biome HT exceeds the performance of existing bioplastic products by 20-30OC.



The BiomeHT range has been tested in injection mouldings and sheet/thermoforming applications with excellent results, offering wide and varied opportunities for use in many sectors and products, whilst also retaining the environmental credentials associated with Biome Bioplastics. BiomeHT is made from predominantly renewable resources, and is fully recyclable, providing for lower lifecycle costs and excellent end of life credentials. In addition, the mechanical properties have also been improved to provide stiffer and stronger mouldings than existing products.



This pioneering innovation changes the face of the bioplastics sector, providing opportunities for the use of environmentally friendly plastic products in a wide range of new applications. BiomeHT is ideal for use in cutlery and plates for hot food applications, thermoformed cups and lids, casings for consumer electronics that are exposed to higher temperatures and some automotive components.



Paul Law, Managing Director of Biome Bioplastics Limited commented:



"This is a major breakthrough in the development of bioplastics and I thank my dedicated research team for their work in developing this outstanding product that will change the face of bioplastics.



"This has considerably expanded the possible applications for bioplastics and opens new markets and products to the opportunity of using a product with exceptional environmental credentials.'





RF Applications division signs 0.5m order for Fibre Optics systems



Stanelco is pleased to announce its RF Applications division has signed an order for over 0.5m to supply its innovative induction furnace systems and associated equipment to a leading overseas customer. This follows the 0.75m order announced in December 2009 and underpins the continued growth of the division.



The order will be delivered over the next seven months and is further evidence of both the strength of the fibre optic cable market and Stanelco's industry leading capability in this area.



The RF Applications division reported annual sales for the year ended 31 December 2008 of 1.1m; which contributed to total Group sales of 14.8m. For the six months ended 30 June 2009, the Group reported 29% growth in sales in RF Applications as the business broadened into new market areas.



Neil Martin, General Manager of the RF Applications Division commented:



"We are delighted that our efforts in providing applications in relevant product areas for our customers is paying dividends, particularly with customers in overseas markets; and these contracts provide good revenue visibility for the division."



Ends

sounds like more bubble wrap to us!

What is the profit margin on bubble wrap?

0.5p per 100 mtrs???????????

On the surface this new high temp BioPlastic looks excellent, but so did the news years ago re tray moulding and Asda, and we all know what happened there.
So like required field, I 'need to be convinced', so although very dubious because of many false dawns, I wont knock it either.
One thing I am certain about, I won't be rushing to buy any more shares. Too risky.

They could make plastic truncheon with the plastic.

Greek, you must have some contacts to help them.

Fred,

Never thought of that use. Trouble is it might biodegrade whilst you are just about to use it.
But on a serious note....In the past whenever such innovations come into the market, the possible uses often are multiplied many times over. Lets just hope the product gets the market effect that previous Stanelco innovations never got.
As someone else pointed out, the main problem with SEO has never been the product, (although they never have appeared to turn out as good as promised) it has always been promotion of sales.

Agreed, it is getting an initial market.

Massive rise in seo today, if it carries on like this I will be able to retire in 274 years 5 months and 26 days, give or take a century.

;-)

Apologise in advance, but I am a bit like Dr. John "J.D." Dorian (for those who are Scrubs fans) he who has very weird thoughts just pop into his head.

Usually I make fairly sensible comments on this thread but have to say that I am now a pensioner who still gets more risers than SEO, and guess who stays up longer.

If there was anything worthwhile posting re SEO I would do honest.

glad to see your keeping the faith here G....nothing on the horizon to boost confidence that the 'risers' will persist....unlike your pension

be glad they're still trading, least we got a chance that way... wonder if i have more faith in these than DES sometimes..

I was just thinking......not much going on here...but what would happen if there was a second positive rns update in a row ?...would the sp double to over half a penny ?....quite possibly !.....just spotted that this is blog number 27000...phew !...

27001 now.......;-)......keeping the faith......still collecting in small amounts at this price

Watcher,

I do hope you are right.

well it seems the bad news is grinding to a halt....and if they get through this year...my positive thinking is creeping up will occur in the spring....2011...after england have won the world cup.....rooney the golden boot and i am in a bigger house....and my final wish is my golf handicap is in single figures.....loads to cheer me up hey....

I'm thinking more in the terms that a second good update will revive the sp...not sure about long term prospects for this, but short term : an upsurge to three quarters of a penny could be very much on the cards.

Results.

Excellent group revenues up, Biome Bioplastics increased its revenues by 30%, Biotec by 23% and RF Applications by 23%.
YET, Loss from operations reduced to 2.6m (2008: loss 2.8m). So only a reduction of .2 million. OK as we know there was a 0.7m of additional legal costs, but this must go to show that the management are not managing very well and are not controlling cash flow as they should. With the increased revenue, the operating figures should be much better. And yet again another fund raising in the offing. I have no problem with such fund raising 'if' the reasons are quantified, but who is going to trust this management with more of their cash.
Until the operating figures show that more of the increase in revenue are retained and show in the results, I will not be throwing good money after bad.

you already have by not selling out many moons/years ago

Another fund raising : you have to be joking, .....thought they would have done better than this.