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

I thought life had been peaceful: then noginsidernoggin comes back from holiday. I wonder who he drove crazy then. Incidentally, Evolution forecast is 1000 units in 2006 which they accept is cautious given that ASDA will probably account for half that via their suppliers. He also witters on about the old business of R/F furnaces. If he took the trouble to read the report then he would get an update on reesidual activity with that product, now wholly out-sourced. Interesting that SEO is the best supported company in the Champion Investor competition: actually a couple of shorts! Guess whom?

Good close on the Dow again, adding to Friday's rise. So hopefully a good start in the morning.

Eric

As people are posting potentially misleading information - the 1000 machine = 22.5p detail can be read in the official attached KBC Peel 22nd April 2005 research.

And always DYOR

http://www.kbcpeelhunt.com/pdfs/Stanelco22Apr05.pdf


Presently - now 2nd half of the SEO financial year = 0 orders on the RF sealing front.

morning all. i am guessing that the tit is back. read him or squelch him, listen to him or ignore him, it's your money. looking at drivers post i am guessing he isn't saying anything new so i don't think anybody who squelched him is missing anything that might be interesting.

Morning Bos - If he is back then I take great exception to your comment. I think you are maligning a wonderful species of bird by comparing them to II. I beleive you owe the Tits an apology.

Baza

morning baza. yes you are absolutely right and i cannot believe how insensitive i have been to tits! i apolologise to each and everyone one, left and right! :)

good steady start this morning.

ii

from what i can analyse on what you have posted..... u r either making massive loss in shorting the shares or trying to get into the investment dirt cheap but refuse to admit to it. if you were to read the article posted by you no. 3523 with a positive mind the may smallcap magazine, you will think otherwise of the shares..... by the way, i am not squelching you because i just want to read the article you posted for a LAUGH.

I thought it would be worthwhile putting the KBC Peel link on here - can bring some reality back to the calculations when you have the house broker report in front of you.

One reason that the number of machine conversions is small in the forecst and not reaching 1000 by 2009 is that with the cost of a retrofit kit - it could be worthwhile some suppliers simply buying the newest and fastest machines - therefore replacing 10 old with 1 new for example - meaning of course the number of machines (actual) in years to come is much less than now - this is one of the flaws in some peoples "unofficial" research. Every year brings a newer and faster model - and therefore who is to say how many machines will be in the field in the coming years - as they get faster their number becomes less - if you have to upgrade 20 old slow models - why not buy a single new fast one and pay only 1 licence.

And of course - it all depends if it is to be accepted by Asda - still pending trials - and how many suppliers convert and also if something new happens along the way to make RF sealing old technology too.

I thought it strange nobody put the KBC Peel link on here - must be because they do not like the report.


Interesting so DYOR and read the Optimistic House Broker report.


http://www.kbcpeelhunt.com/pdfs/Stanelco22Apr05.pdf

I like it, bos. What's better than a tit - two tits! What's worse than an insider twit - an insiderinside twit! The man (?) is an almight twit and has been at it again. He has the absoluted amazing disablity - read a positive article and extract a detail that can be turned into a negative! Lets look at the Peel Hunt report.

"The global market size is 50,000 machines. If we assume 20k per licence and work backwards from the group's market cap. of 200m, assume a 14x multiple and 30% tax rate, then the group needs to have 1000 licences to justify the present amrket cap - ignoring all the other parts of the group. This equates to 2% of the world market and only 3x the ASDA contract."

II states that 1000 machines are only achieved in 2009. The Peel Hunt projections have 1000 machines achieved by 2007 when the gross margin is given as 18.1m. Their 2009 figure is a gross margin of 50.5m or a pe of under 4.

So lets take the report at face value, without Campbell-like spin. "To put it simply, looking merely at the GREENSEAL technology, then each order for 100 coversions equates to roughly 2.5p of share price." "The ASDA deal is expected to result in several hundred conversions".

"Expected shortly. Confirmed contracts with the apckaging houses for the conversion to RF technology. This will provide increased visibility of the income stram from the ASDA contract."

KPC Peel Hunt are broker and nominated advisor to Stanelco.

Eric

Does anybody know?, can anybody remember? - what was said at the AGM re presentations to Wal Mart. Did they actually give a date - or was it just a vague comment about presentations in the future. Can we verify ?

Baza

1910
This is from our roving reporter when he visited the AGM.

Walmart presentation in USA and Germany will take place shortly.

Walmart also has 1000 stores in Mexico.
A big selling point for Walmart is that they could reorganise their in-house butchery business using the longer shelf life that RF packaging would give them. In common with all other users, not only would they get the cost and environmental advantages but also cut the waste/carcase (reckoned to be as high as 20% with normal packaging).Meat apparently changes colour after 5 days, making it unattractive for sale, even though it is still edible. 3 of those 5 days are lost in the distribution chain, so shops have only a limited period to sell it. RF extends the 5 days to 15 days.

Chairman's son was setting up office in US. The known fact is that the infrastructure is now being set up to support roll out in US. No doubt, Walmart are following ASDA supplier progress closely. Price should firm on announcement of ASDA supplier firm orders: trials are probably now completed (KBC Peel Hunt). The momentum is there so its just a matter of letting events take their course. sp would be signifcantly higher now if not for the weakness of the AIM market (down 14% since 1st April), equivalent to 2.5p on SEO price.

Eric

Thanks Bos & Eric - I thought I had read it somewhere - but could not find the info

Baza

evening all. steady eddie start to the week. not much volume and it is obvious everyone is waiting for the next bit of news. i guess this is the tranquil bit before the action begins.
baza, it was driver who found what you wanted , not me. credit where credit's due, lad.

Quotes from the AGM. "Howard White has set up an office in Florida."
"We will be presenting to Wal-mart through ASDA."
"We expect an outcome of these negotiations in months rather than years."

Hope this is useful.

Bos & Bosum - with apologies to Driver - thanks

Baza

Bos & Dosum - with apologies to Driver - thanks.

Baza

Ps Its been a long time since I was called a lad -

morning. it all feels a bit flat , doesn't it? but then again,i'm happy to stay at this level for a bit.

Morning Bos and all, staedy flow of buys starting to percolate through. Probably the same could be said for me later as my wife and daughter are dragging me off to Bluewater for a spot of shopping - not my favourite pastime

Look after these for me whilst I am out

Cheers
baza

morning baza. have a marvellous day out!!! :)
ticking up slightly now.