bosley
- 20 Feb 2004 09:34
superrod
- 09 May 2005 15:59
- 3667 of 27111
getting 20.25p quote to sell :0)
bhunt1910
- 09 May 2005 16:58
- 3668 of 27111
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
bosley
- 09 May 2005 17:04
- 3669 of 27111
doesn't make sense to me either. buys virtually double sells! there does seem to be good support at 20p though.
bosley
- 09 May 2005 17:30
- 3671 of 27111
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!!
zscrooge
- 09 May 2005 17:34
- 3672 of 27111
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.
halfamil
- 09 May 2005 17:57
- 3673 of 27111
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.
bosley
- 09 May 2005 18:20
- 3674 of 27111
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.
bosley
- 09 May 2005 18:25
- 3676 of 27111
driver, shaddap and go and count your kingfisher booty!!! (not jealous at all, me):)
stockdog
- 09 May 2005 19:53
- 3678 of 27111
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
EWRobson
- 09 May 2005 22:01
- 3679 of 27111
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
ptholden
- 09 May 2005 22:56
- 3680 of 27111
Eric
Ships don't take off, they steam full ahead, well at least they used to!!
PTH
markusantonius
- 09 May 2005 23:05
- 3681 of 27111
1.7m buys c.t. 1m sells today yet the sp moves down by a 1/4p! Why is this?
bhunt1910
- 09 May 2005 23:10
- 3682 of 27111
pth - depends on whether it is an aircraft carrier or not !!! some sort of warped logic there somewhere.
Night night
Baza
iturama
- 10 May 2005 07:08
- 3683 of 27111
10 May 2005
Stanelco PLC ('Stanelco')
Update on Youngs Bluecrest Production Trials
Stanelco, the RF (radio frequency) applications group, is pleased to announce
that following its recently announced contract with ASDA, the first stage of
full-scale production trials with Youngs Bluecrest has now been completed. For a
two-week period fresh salmon has been sold using our GREENSEAL technology as the
sealing process. The results of these trials have been extremely encouraging.
Over the two-week period of the trials sales of the product packed and sold in
the selected ASDA stores have grown by 21%. Stanelco has been informed by ASDA
that this increase is as a direct result of a number of factors directly
attributable to our technology. Key amongst these is a more attractive looking
pack than the current product. In addition there were no reported leaking packs
and waste at store level was reduced.
Independent analysis carried out by Law Laboratories has also identified better
visual appearance and a fresher taste as the product reaches its end of shelf
life date. In addition microbiological analysis has also indicated that there is
strong evidence that an extra days' product life could be achieved.
Tony Ruane, Technical Manager at ASDA said:
'The benefits are now proving to be substantially beyond our original thinking
and as a result we will look to accelerate the introduction of this technology
to full scale commercial production.
'The second trial is commencing on Wednesday 11th May at Hitchens Foods, where
we will be trialling the process on layered salads and other items in the ASDA
own label range of Hitchens products.'
Ian Balchin, CEO of Stanelco commented:
'These trials are producing benefits well beyond our expectations and we look
forward to the imminent commercial discussions that are now being arranged.'
fortitude18
- 10 May 2005 07:15
- 3684 of 27111
'imminent commercial discussions' as a certain ring to it don't you think? Not sure what that means but it's plural and it's positive so lets all sit back and enjoy what should be an interesting days trading. Good luck all SEO holders. OC
Mr Mole
- 10 May 2005 07:34
- 3685 of 27111
Looking forward to the day - 1st trade at 7.30 (how do you manage to buy at that time then????) had the price up 6%.