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

closed mine a bit early , but its dangerously overbgt.

just seen this . correction from yesterdays news

ORLANDO, Fla.--(BUSINESS WIRE)--May 18, 2005--Please replace the release dated May 17, 2005 with the following corrected version due to multiple revisions.


The corrected release reads:

STANELCO'S GREENSEAL PACKAGING TECHNOLOGY POISED TO REVOLUTIONIZE FOOD PACKAGING WORLDWIDE

Grocers and retailers accustomed to selling meat, vegetables and other perishable foods in familiar thermal heat-sealed packaging can now turn to an entirely new packaging technology that employs radio frequency to create the tightest, most efficient seal available in packaging anywhere in the world.

GREENSEAL, a revolutionary new packaging application that uses radio frequency (RF) technology, is already capturing the attention of retailers and grocers in the United Kingdom and North America. Created by Stanelco PLC (LSE:SEO.L), GREENSEAL has the potential to revolutionize how consumable products are packaged and sold in markets worldwide.

"We are thrilled at the quality and integrity of the RF weld on mono-plastics," explained Stanelco spokesperson and newly appointed Director of U.S. Operations Stephanie Morgan-Fisher.

"The seal integrity possesses less than a one-tenth of one percent leakage factor. Its return-to-manufacturer (RTM) rate is also less than one-tenth of one percent annually, realizing a savings of millions of dollars for retailers," said Morgan-Fisher.

Applied to the case-ready food industry, the implications for GREENSEAL are enormous. The sealing application can totally redefine how grocers package and present food to shoppers, while reducing the amount of faulty packages significantly.

Stanelco has recently signed an exclusive agreement in the United Kingdom with ASDA, a wholly-owned subsidiary of Wal-Mart. This agreement will facilitate the retrofit of 200 ASDA supplier heat-sealing machines to Stanelco's GREENSEAL technology.

Recent trials with ASDA's seafood supplier Young's Bluecrest exceeded expectations. Over a two-week trial period of the product packed and sold in the selected ASDA stores, sales grew by 21%. Stanelco has been informed by ASDA that this increase is as a direct result of a number of factors directly attributable to GREENSEAL 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 significantly.

To facilitate the retrofitting process in North America, Stanelco is working with Premier Technology, Pocatello, Idaho, whose engineers have trained in retrofit operations at Stanelco's new facility in Southampton, England. A team of Premier Technology engineers has already completed training and familiarization with the methodologies necessary to convert complex thermal heat-sealing packaging machinery to GREENSEAL RF sealing technology and are prepared to ramp up operations in the United States.

While vastly improved seal integrity is the top benefit offered by GREENSEAL, cost savings and environmental compatibility are two other important features that will attract grocers and retailers to GREENSEAL.

Pressured to increase revenues and profits, despite upwardly spiraling operating costs, retailers can reduce the cost of packaging materials by 20 percent using GREENSEAL. The application replaces laminated plastics with less expensive mono plastics, which can be easily recycled. Energy costs required to produce the tray lids and thermoformed packages can be reduced by nearly 70 percent annually by utilizing GREENSEAL.

Stanelco is already moving ahead to market GREENSEAL to leading U.S. grocers and retailers, including Wal-Mart, Albertson's, Midwestern retailing giant Kroger's, California-based Von's, Ralph's and Safeway, and others. Stanelco has opened a North American office in Orlando, Fla., to coordinate international sales and implementation efforts for Stanelco

this is the bit that's different to yesterday


"
"The seal integrity possesses less than a one-tenth of one percent leakage factor. Its return-to-manufacturer (RTM) rate is also less than one-tenth of one percent annually, realizing a savings of millions of dollars for retailers," said Morgan-Fisher.

Applied to the case-ready food industry, the implications for GREENSEAL are enormous. The sealing application can totally redefine how grocers package and present food to shoppers, while reducing the amount of faulty packages significantly.

Stanelco has recently signed an exclusive agreement in the United Kingdom with ASDA, a wholly-owned subsidiary of Wal-Mart. This agreement will facilitate the retrofit of 200 ASDA supplier heat-sealing machines to Stanelco's GREENSEAL technology. "


according to this asda are signing up for 200 machines.

sequester, why is it?

016622

Oops sorry I didn't think I was so enthralled by SEO's imitation of a NASA shuttle!

Ruthie

I can see that the Wal-Mart rumor being justified although at this stage just a rumor we wasn't expecting it so soon, the reason it could be true is the unusual contract set up SEO have got them selfs into, instead of going cap in hand to the packers convincing them to take on the new technology they have gone to the retailers first. The retailers do not have to put up any money they tell the packing companies to take the new SEO'S technology and then pay the packers less. It's a win; win situation, the retailers, packers, and most of all us, brilliant.

rumours from ADVFN are about the worst thing to base investment on, its full of dodgy rampers, many from brokers-I know 2 personally,

hope i`m wrong, nice to trade though

g`luck.

sequester , i agree. that's why we do try to keep bullshit rumours off this thread, good or bad. but when there's a rise like today , without news, you have to expect the rumour mill to go into overdrive.

True Sequestor you have to wade through a lot of dross to find anything substantial but something has to explain the leap - rampers aren't that influential. If there is any truth in the rumours we're staying up, if these rumours are false something very positive we don't know about is about to bless us with its presence. I can't wait.

I'll say again if you read the seo thread on advfn its like being in a lunatic asylem, all they do is slag each other off all day , so i take what i read with a pinch of salt.

Totaly agree jimmyb. Most of them claim to be at work but how the hell can they do any work cos they are constantly posting and slaging each other off.
The SP has gone up for a reason and I don't belive its anything to do with them idiots!!
Time will tell.

wilbs

oh totally agree lads, the price shot up- hope you all made from it.
I will dip in again if/when I see what the reason was

g`luck

this is wrong !!.....was not supposed to happen for at least a few more weeks.....(was hoping to get in for some more while it was closer to the 20p-mark)

anyone for a sweepstake on what might happen tomorrow? given todays events with more rumours than you can shake a stick at it could be anything on thursday!!

i have crossed swords with sequestor many times, but rarely because i disagree with his take on the market. ive had 2 goes at seo today and made nearly 600 quid to go with the other 3k ive made since 14.9p. i agree that its overbought unless REALLY good news is soon forthcoming.
a good sign in my experience is that it has maintained a very substantial rise at close.....i would have expected a lot more day traders closing than has been the case.
my ( small compared to you smart investors ) core holding remains.
i suppose its worth the punt on the basis of the rumour alone. as i said earlier, should the rumour be refuted by seo, there will be a bloodbath.
i will be buying again tomorrow i hope.

can't wait for tomorrow--I added a few today!

Right I'll play your game Alan, I'll go for a 1.75 point rise tomorrow. Naturally hoping for more.

I am going away for 6 days from tomorrow - and I haven't a clue what to do.

Reason suggests that I should sell half

Greed says I should hold

Decisions, decisions

Baza

Can't you just phone your broker 2 or 3 times a day for a quote, thats what i do if i can't get to a pc, don't come back and it's 35p

Rumour rumour rumour! There is a rumour going round that my knickers are blue - but until the RNS you lot can't be sure!!! Lovely to see such determined Blue for SEO today. If there is a big deal in the offing then these shares could really go fast fast fast!!!! There aren't a lot of shares around at the mo - SEO have been consistently bought for the last 5 months!!

Fingers crossed and hang on tight...!