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

Hi Bos, interesting point ..

Do you think Youngs would really be reluctant incase they upset their other clients though? Do you think they would be regarded that way? IMO They aren't going to withold progress of one client at any level because their other clients don't have the same competitive edge. And I can't see the other supermarkets cutting down their business with Youngs to spite them. Just can't see that happening in the real world. The Supermarkets will have different areas where they are strong compared to their competition and although the competition is intense other Supermarkets will need to maintain a healthy relationship with their packaging companies, works both ways.

would have thought that the other supermarkets will simply start crunching numbers and analysing their own potential cost reductions and increased sales due to Greenseal, from perhaps the start of May2006 (when ASDA exclusivity ends)......

you are right though - they may try to stagnate ASDA's lead; as i am sure that an increase in ASDA's sales is potentially a decrease in another supermarkets sales.....

(although it will actually be easier for the other supermarkets to have Greenseal implemented; as they will, by then, be using a proven technology, without the need of going thru all of the trials etcetc......ASDA's lead will have cost reductions and improved sales that will amount to less than a year, because only one machine is being changed for the moment, and the second trial is still on the go....)

either way - am waiting for the explosion; come spring/summer of 2006 !!!!

nice steady movement, mm`s keeping control of the mix, I like it.

If the exclusivity deal with Asda begins to look like a blocker to introducing the technology faster in the UK, it should be possible for SEO to negotiate a change in that deal to reflect new circumstances. I was told that the exclusivity was agreed because SEO did't think they could handle the extra conversions in the first year if there was a more widespread roll out. Maybe if the out sourced approach planned for the US works well that could be used elsewhere including in the UK.

Andy - being as you're our on the front line packaging guru, I'd be interested in your opinion on Bosley's last point.

just found this on another board......comments please

http://newspad.prweb.com/pr/20055/pr238786.html

Hi All,

I did notice that Mondini's claim to fame is Ready Meal packaging, so maybe the first machine didn't go to Young's Bluecrest after all. Could be one of those listed on this page though, and IB said they were 'substantial', so Northern foods maybe, that would get the other retailers going if they found out !

http://www.readymealsinfo.com/webpages/planetflowline/

My other option for machine number one, based on Mondini being more 'Ready Meals' than fresh fish, is Ferndale Foods.

"The technology, currently being tested on an Asda pasta and chicken microwaveable ready meal from Ferndale Foods"

Cheers,
PM

Hi All,

Feel free to visit my Stanelco Research Website, now linked from the Stanelco Official Website ....

http://www.stanelco.devisland.net/

All the news is updated, including the Buisiness Wire press releases.

Loadsainfo !

Cheers,

PM

Hi All,

EK closed hi short yesterday, after recieving EVO brokers notes, I sent them !

Here is my post from early yesterday, from the FYB BB, well before his announcement ....

Cheers,
PM

----------------------------------------------
paulmasterson1
Silver Contributor



Joined: 04-Mar-05
Location: United Kingdom
Posts: 210 Posted: 25-May-05 at 08:02 | IP Logged

--------------------------------------------------------------------------------




Infoseeker Hi,

I hope that brings out the anti-ek brigade :)

Anyway I sent him the facts last night, via UK- Analyst, as per the e-mail below, with all evo, KBC, RHPS and trendwatch notes, and the lemminginvestor bits that Scrutable posted on the BB's !!!!

If he has any sense he will switch to long very quickly !

Cheers,

PM

======================

Hi,

I notice Simon is now short of SEO(again?), and I am here to correct
him on his sums :)

----------------------------------------------------
The Evil Knievil Diaries


I am paying rather more attention to Stanelco (SEO) where I am short.
It has today signed its first deal with a manufacturer of packaging
for Asda. What I am not sure about is the numbers. How much does Asda
pay its manufacturer per tray? 1p? 2p? I don't know. And what would
the Stanelco royalty be? 10% of that 1p. Well Stanelco is, at 27.25p,
valued at 248 million. To justify that sort of value I'd be hoping
for pre-tax profits of perhaps 35 million within three or four years.
On my rather crude sums that would need it to be picking up 20-35
billion royalty payments a year. It all seems a touch generous to me
but perhaps my numbers are wrong?
-----------------------------------------------------

Ok, here we go ....

Stanelco revenue has nothing to do with the cost of trays.

Revenue is based on 45,000 fitting charge per machine, and 30,000
per machine on a recurring annual IP licence. They will get this,
because the product is hugely better than the existing heat sealing,
and the savings are circa 100,000 P.A for each machine. The profit is
estimated(EVO) at 5,000 from the fitting, and 90-95% of the licence
revenue.

ASDA have said they will convert 'several hundred machines' in the first year.

ASDA suppliers are only converting dedicated ASDA machines, a small
fraction of the total available in the UK.

Howard White hopes to convert 25,000 machines in 3 years.

Wal-Mart need around 10,000 machines to cover their throughput, and
they are currently target number one for Stanelco.

When ASDA exclusivity runs out, the rollout will really move into top
gear, with a queue of retailers (Tesco, Sainsbury's, Morrisons, M&S,
Etc Etc) all wanting Stanelco's RF fitted ASAP. Plus all the existing
ASDA suppliers will want to convert their non-ASDA lines, plus all
<> other suppliers wanting to supply the major retailers, will need RF to
compete.

Well before that Stanelco will rollout RF in the USA, then northern
Europe, and elsewhere. I recieved an e-mail today, from a visitor to
my website, and this was an Australian meat packing company that is
interested in Greenseal !!!!

My website http://www.stanelco.devisland.net

More info follows and is attached ....

Kind regards
Paul. (the under appreciated Stanelco guru !)

And EK diaries later yesterday ....

from EK - just posted on t1ps board.

"I have closed my shorts in IP2IPO (IPO) and in Stanelco (SEO) as housekeeping measures. I received a lengthy set of notes from the fine establishment that is Evolution Securities on Stanelco and I can concede that there might just be a bull case although I still regard the valuation as fanciful. The truth is that I have traded Stanelco half a dozen times, up and down, and made money each time. Given that I do not really understand how the valuation stacks up I think this just goes to show that I am rather clever. Or perhaps, as the diarist suggests, just lucky. So it is perhaps better to retire to the touchlines"

We got some of this yesterday Paul but thanks, EK's self priase was promptly undermined. Welcome to the board, more common sense here than ADVFN.

treikiman
Thanks for that link but it is already on the R/Page

as 4 FrogPack (BUSINESS WIRE)

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=5042

paulmasterson1
Hi paul
I see you have popped across to visit us, thanks for the EK stuff but we are pissed off with talk of him, and we don't think that he affects SEO's sp any way.

Also thanks for the very well put together Web Site you have made for investors, and your permission you gave me, for me to nick info from now and again, for our R/Page.

Is this new? - I did not nkow that Frogpack was "live" in the UK already

"FrogPack utilizes a unique technology called shock-absorbing arcuate panel technology (SAAP) for its added strength and protective qualifies. The technology, designed by Aquasol, a subsidiary of Stanelco, is already in use in the United Kingdom by a packager of lighting supplies and a packager of electronic components".

Baza

Good old EK, a man after my own heart, no messing with emotion there.

thanks driver......i am still learning:))

1910
You go away for a week, look how much you missed, by the way do you like my R/Page.

getting a bit boring this, closed my FTSE short, looks like the DOW may well drag it up over 5000, lets hope it moves this on the sentiment that would engender

Sequestor - 26 May'05 - 09:05 - 4903 of 4928


Unexpected turn round in the markets today, FTSE well up, stopped my short out @4990, it`ll fall back again soooon!!
g`luck

Driver - not sure I understand the question - what is R/Page?

Sorry
Baza