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

Actually bhunt1910 i paid 19.90p same as you,oh well whats a tenth of a penny..

Fred - must confess - I do have a fair few

B

Fred1new
I own the company, well I have topped up ten times.

Shit ,,driver i thought i owned SEO..JB..

That reminds me of an article I read in one of the finance papers a couple of months ago, it said that a group of private investors cashed in there shares at the same time raising about 33m the sale did not affect the sp, I cant remember what stock it was but it looks like that will be us lot in a couple of years time.

getting 20.25p quote to sell :0)

Yet another day when buys outnumber the sells - and still the shareprice drifts slowly - oh so slowly south. This seems to be a pattern developing

Baza

doesn't make sense to me either. buys virtually double sells! there does seem to be good support at 20p though.

bos
I wouldn't mind just a little bit of sympathy just now and again I don't get it from any one else.
Whos a clever boy then, I bought Kingfisher last week.

1910
I think its just the mood of the market over the last couple of weeks I have got only two blues on my watch list out of a total of 30.

driver,you definately ain't getting any sympathy now!!! ( well done). baza, i was going to congratulate you on your engagement, but , it looks like it's all off now. shame! was looking forward to the stag do!!

Yep - afraid markets likely to remain static for some time and thus you might have to suffer II some more. Still, it could be worse, it could be Haystack.

I see Warren B. has shifted to cash entirely.

IMO

The "trials" are not to see if the machines work. We've already established that.I think they are exploring all the possibilities for usage; and when the've decided on the detail, they'll sign a detailed contract.
Then we'll get "news".
No doubt ASDA are looking over the shoulder.
It will all happen thick and fast.
Just my humble opinion of course; but all the clues are there.

i feel the same way, halfamil. just going off the agm statement and what asda have said , it does almost feel like asda keep moving the goal posts and keep adding different uses to the trials.

"22 April 2005

Stanelco plc (the 'Group')

AGM Statement

At today's AGM, Philip Lovegrove, Chairman made the following comments:


'In the last year, the Group has made substantial advances towards its goal of
becoming an intellectual property business, exploiting the Group's core
technologies. At the forefront of this is our revolutionary GREENSEAL technology
where we continue to move towards full commercialisation.


We announced in March that ASDA Stores Ltd (ASDA) would be the first to adopt
GREENSEAL in the UK, anticipating several hundred machines to be adapted to use
the technology during the first year at the earlier of the completion of three
further trials with ASDA suppliers or the signing of the first commercial order.
The first of these trials nears completion at Youngs Bluecrest, a leading ASDA
supplier.


Feedback from ASDA continues to be very encouraging. As a result of previous
successful ASDA trials using the GREENSEAL technology to seal lids on ready meal
trays, ASDA have extended the trial work to other product areas. Youngs
Bluecrest Seafood Ltd who are an ASDA own label supplier and major brand in
their own right have successfully completed additional trials across a wide
range of products producing results exceeding expectations and in turn leading
to other products in ASDA brand packs on the shelves today. These results
further demonstrate the growing number of benefits to ASDA, its suppliers and
consumers alike.


Following our recent agreements with both Premier Technology Inc. and Advanced
Energy Industries in the US, we are positioning ourselves to roll out the
technology in a number of markets including North America.


I am also pleased to report additional progress with Frogpack - our
impact-resistant packaging solution, which has recently successfully come
through rigorous third-party testing and is being made available to customers
via our licensed distributors.


With these new products and a number of others in development the Board looks to
the future with increasing confidence.'"

a few phrases stand out...

"ASDA have extended the trial work to other product areas."

and
"have successfully completed additional trials across a wide
range of products producing results exceeding expectations and in turn leading
to other products in ASDA brand packs on the shelves today."

asda did say
"Every visit to both stores and suppliers identifies new areas and ways in
which the technology can be used."
the sad thing for seo , ( and us), is that the buggers are getting all this for free!!!
someone called called gromore , i think , said, " the facts are there, it's how you interpret them that matters." i thought that was very wise.

halfamil
I agree this would be the best way forward detailed contracts, then if they come up with more usage in the future, we get more contracts, lets hope management are on the ball on this one they have been up to now.

bos you beat me to it again you always do that.

driver, shaddap and go and count your kingfisher booty!!! (not jealous at all, me):)

bos
I'm going to have me dinner.

What I think has happened is that ASDA have moved from proven technology trials to production trials with real live suppliers - a slightly different set of issues to monitor and possibly solve. So it's not just more trials being strung out, but a logical progression to full scale commitment.

If you had as much riding on it as ASDA (and Walmart) you'd want to test run not just the prototype, but see how mass production stands up statistically in terms of seal quailty, product protection//preservation, spoil rate etc.

I have no doubt they will encounter some problems and not much doubt that they will solve them, but all to ASDA's satisfaction before moving forward into the 12 month exclusive period. That's what purchasing power enables you to do - be extremely picky.

Only wish I could test drive my portfolio a bit, on an exclusive fixed price option basis, before having to pay for it!

SD

I do occasionally need to qualify what my friend stockdog is saying. ASDA have signed a contract on satisfactory completion of their trials. However, orders are signed by ASDA suppliers, not ASDA. ASDA have computed the savings using GREENSEAL and are splitting the proceeds with their suppliers. What that means is that they actually pay the supplier LESS for the product because fo the lower cost of production, so effectively the savings are shared. It is the suppleirs decision. Clearly the suppliers are a community so ASDA persuaded SEO to conduct three further trials during April with the suppliers. By 22nd April, one was nearing completion. A post last week confirmed that trials had been completed with two suppliers and the retrofitting was being done for a third. The clock ticks on the existing agreement on the completion of this third trial or a firm order from one fo the first two. There is no real problem in this except that ASDA have, I suggest, outmanoevred SEO in defining the process even if just for two of three weeks. There is no problem unless a particular observer decides to try and distort the facts for his own end.

Another strong day overall with the price easing a tad. Glad some of you guys were able to take the opportunity to buy in at ridiculous prices. Some of us are already up to the gunnels, though far from the ship sinking it is about to take off!

Eric

Eric

Ships don't take off, they steam full ahead, well at least they used to!!

PTH

1.7m buys c.t. 1m sells today yet the sp moves down by a 1/4p! Why is this?