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

stockdog - 05 Jun'05 - 12:27 - 5308 of 5325

Respect!!
Hope the sailing was good!!
I have finaly found out what SEO stands for... Sequestor Eff Off.
As for insiderinside? Well you should try getting outsideroutside more.

wilbs

Nice one wilbs..

I try my best!

AndySmith.
I like your posts here and on jlp bb, straight forward etc. Explorations I am into are gbp got in last week, up already and csh I have been holding this since Feb. A few others I won't metion at the moment. Both are worth a look imo.
Good luck to you.
Sambal

My poor old doggy friend, survives a week at sea but chokes on this thread! The extremes of some posts are hard to consume: particularly the unbalanced negative ones which twist every positive SEO, ASDA and industry comment; but also, for me, those of PM. Here is a plea for each of thee posters, and others, to try for some balance. After all, the current sp of 26p is a balance between bulls and bears, taking out the short-term trades.

It must therefore be difficult for a visiter to this bb to make sense of the situation. If you have access to Evolution's website www.evgbresearch.com then its worth reading tim freeborn. However, you need look no further than John Marshall's report in the Shares mag of 26th May. I rate John as the top analyst around in retail related shares. His conclusion is: 'The speed with which Stanelco has moved from enquiries to orders is testament to the company. Although the shares may tread water until some new orders are announced the potential is still huge.'

One reasonable point that II made is that there is unlikely to be further RNSs on the ASDA situation as the exclusivity period has been triggered and additional orders from ASDAs suppliers are assumed - thus the treading water. It is also assumed that there will be orders in the US and there need be no exclusivity period. Any major move in the sp in the short-term is probbaly only likely to happen if their is a major Wal-Mart contract; it could come from a competitor but Wal-Mart, knowing the very positive results of the ASDA trials, are unlikely to miss a significant business opportunity, particularly as their trading figures are under pressure.

I certainly wouldn't wait on the side-lines but nor would I expect anything dramatic in the short-term. However, I would have a stake in SEO at the current price as there appears to be good support at 25p and the upside:downside potential is a very large ratio. I have done well out of SEO and have spent some of the profits (shame! shame!) but remain heavily overweight in the share on a medium term view.

By the way, I don't think panic's query re Reiser was answered. I have assumed Reiser have not been in a postition to implement the agreement since SEO changed their strategy to direct marketing to the major supermarkets. andysmith or someone else may be able to clarify.

Eric

Stanelco PLC
06 June 2005

6 June 2005




Stanelco plc acquire BIOTEC Group For $25 million



Stanelco plc ('Stanelco'), the RF (radio frequency) applications group, is
pleased to announce that it has entered into an agreement, subject to
shareholder approval, for the acquisition of the entire issued share capital of
Biotec Holding GMBH and subsidiaries (the 'Biotec Group' or 'Biotec') from EKI
(E. Khashoggi Industries LLC) for a total of US$25 million payable over a 24
month period.



Of the total consideration, US$1.23 million has already been paid in cash to EKI
as a non-refundable deposit. A further US$11.27 million is due to be paid on
completion of the acquisition which will be satisfied in cash. A further
US$6.25 million in cash is due to be paid in 12 months and a final payment of
US$6.25 million in cash is due 12 months thereafter. The deferred elements are
not subject to performance criteria. Stanelco is currently considering a number
of options for funding the acquisition, which may include the entering into
arrangements for debt facilities and/or a placing of ordinary shares for cash.



Biotec is one of the world's leading exponents of starch technology and has a
considerable intellectual property portfolio, including many patents, extending
to uses in pharmaceutical and edible applications. It also has ranges of
products that are ready for commercialisation within the food and beverage
industries.



Biotec's proprietary pharmaceutical grade film is suited for applications where
it replaces conventional polymers such as gelatine. Depending upon the
specification the film has a cost base of between US$5 to US$8 per kilogramme,
offering customers significant cost savings when compared to gelatine and other
materials which it may replace. In addition, being a mono material, waste
generated during manufacture can often be immediately re-used.



The starch products from Biotec are currently used by Stanelco in the following
projects: Starpol starch blend films used in CradleWrap packaging; sheet for
making food trays; starch film for air pillows; starch pellets for food trays;
and starch film for edible packaging. Biotec will also be a supplier of film to
the InGel capsule project.



Natural starch is one of the lowest cost biodegradable, compostable,
replenishable materials and Biotec has a unique portfolio of products including
Thermoplastic starch ('TPS'), which enables the use of environmentally
responsible material in place of petro-plastics. TPS is also free from
genetically modified starch. Stanelco's RF Sealing and Welding technology can be
used to process starch polymers without the degradation or cross-linking caused
by other methods such as thermal processing which can render the material
unsuitable for food and pharmaceutical applications.



Biotec's managing director Harald Schmidt, who is one of the world's leading
experts on starch polymers, will be taking a three year service contract with
Stanelco and will remain as managing director of Biotec. His experience and
skill base will add significantly to the Stanelco businesses.



At the last accounting reference date 31 December 2004 Biotec's Net Assets were
EUR 6.1m and in the last financial year ended 31 December 2004 Biotec made a net
loss of EUR1.3m. This loss was before charging interest of EUR 1m on loans from
Biotec's parent which will no longer be a relevant item after the acquisition.



A circular will be posted to shareholders in due course seeking, inter alia,
approval for the transaction. The Age of Reason Foundation, representing 24.55%
of the issued share capital has agreed to give irrevocable undertakings in
support of the transaction.



Ian Balchin, CEO of Stanelco said:

'This exciting acquisition is the next piece in the jigsaw that will enable
Stanelco to become one of the world's leading exponents of viable, alternative,
environmentally responsible packaging methods. It has become apparent that with
the rise in oil prices, the cost of petroleum based packaging materials is
inevitably increasing faster than our alternatives - making them increasingly
attractive. In particular APET/PE sheet for making food trays is currently in
the order of 1.70 per kilo and the target price of the Biotec material will be
in the region of 1.80 per kilo. There are also a large number of environmental
benefits that are driving the shift from petro-plastics to sustainable
alternatives. I believe the acquisition positions the Stanelco Group to take
advantage of this rapidly expanding market place and specifically it will enable
Stanelco to offer its product ranges that contain starch product at up to 20%
less than is currently available. This acquisition also creates a further
barrier to entry for potential competition in the GREENSEAL project as we will
be able to provide a turnkey, ecologically, environmentally responsible solution
to MAP food packaging requirements.



Scott Houston of EKI said:

'We are extremely impressed with the speed and the professionalism in which
Stanelco and their advisors worked during the week to close the transaction.
Stanelco had previously performed their due diligence and an offer to purchase
was submitted only on Monday.



We are delighted with the outcome and as Biotec will remain a key supplier to
its former sister company, Earthshell Inc, we wish both parties enormous success
in the future in this enormously exciting, emerging market.'



Ian Balchin continued, 'Biotec dovetails with our RF technology, our
water-soluble and biodegradable technology at Adept Polymers and the packaging
design and development skills of Aquasol, all subsidiaries of Stanelco, and
gives greater access to world markets for the whole Group. We are particularly
relishing the prospect of unlocking Biotec's potential in conjunction with
leading supermarkets to supply mass-markets.



I am also pleased to report that the second trial for GREENSEAL with ASDA has
moved into the retail phase, having passed the stability (shelf-life) test with
flying colours. The third and final trial is commencing this week. As announced
on 23 May, Stanelco has taken its first formal commercial order from a dedicated
ASDA supplier and is preparing itself for negotiations for further orders.'


Baza

Stanelco PLC
06 June 2005

6 June 2005




Stanelco plc acquire BIOTEC Group For $25 million



Stanelco plc ('Stanelco'), the RF (radio frequency) applications group, is
pleased to announce that it has entered into an agreement, subject to
shareholder approval, for the acquisition of the entire issued share capital of
Biotec Holding GMBH and subsidiaries (the 'Biotec Group' or 'Biotec') from EKI
(E. Khashoggi Industries LLC) for a total of US$25 million payable over a 24
month period.



Of the total consideration, US$1.23 million has already been paid in cash to EKI
as a non-refundable deposit. A further US$11.27 million is due to be paid on
completion of the acquisition which will be satisfied in cash. A further
US$6.25 million in cash is due to be paid in 12 months and a final payment of
US$6.25 million in cash is due 12 months thereafter. The deferred elements are
not subject to performance criteria. Stanelco is currently considering a number
of options for funding the acquisition, which may include the entering into
arrangements for debt facilities and/or a placing of ordinary shares for cash.



Biotec is one of the world's leading exponents of starch technology and has a
considerable intellectual property portfolio, including many patents, extending
to uses in pharmaceutical and edible applications. It also has ranges of
products that are ready for commercialisation within the food and beverage
industries.



Biotec's proprietary pharmaceutical grade film is suited for applications where
it replaces conventional polymers such as gelatine. Depending upon the
specification the film has a cost base of between US$5 to US$8 per kilogramme,
offering customers significant cost savings when compared to gelatine and other
materials which it may replace. In addition, being a mono material, waste
generated during manufacture can often be immediately re-used.



The starch products from Biotec are currently used by Stanelco in the following
projects: Starpol starch blend films used in CradleWrap packaging; sheet for
making food trays; starch film for air pillows; starch pellets for food trays;
and starch film for edible packaging. Biotec will also be a supplier of film to
the InGel capsule project.



Natural starch is one of the lowest cost biodegradable, compostable,
replenishable materials and Biotec has a unique portfolio of products including
Thermoplastic starch ('TPS'), which enables the use of environmentally
responsible material in place of petro-plastics. TPS is also free from
genetically modified starch. Stanelco's RF Sealing and Welding technology can be
used to process starch polymers without the degradation or cross-linking caused
by other methods such as thermal processing which can render the material
unsuitable for food and pharmaceutical applications.



Biotec's managing director Harald Schmidt, who is one of the world's leading
experts on starch polymers, will be taking a three year service contract with
Stanelco and will remain as managing director of Biotec. His experience and
skill base will add significantly to the Stanelco businesses.



At the last accounting reference date 31 December 2004 Biotec's Net Assets were
EUR 6.1m and in the last financial year ended 31 December 2004 Biotec made a net
loss of EUR1.3m. This loss was before charging interest of EUR 1m on loans from
Biotec's parent which will no longer be a relevant item after the acquisition.



A circular will be posted to shareholders in due course seeking, inter alia,
approval for the transaction. The Age of Reason Foundation, representing 24.55%
of the issued share capital has agreed to give irrevocable undertakings in
support of the transaction.



Ian Balchin, CEO of Stanelco said:

'This exciting acquisition is the next piece in the jigsaw that will enable
Stanelco to become one of the world's leading exponents of viable, alternative,
environmentally responsible packaging methods. It has become apparent that with
the rise in oil prices, the cost of petroleum based packaging materials is
inevitably increasing faster than our alternatives - making them increasingly
attractive. In particular APET/PE sheet for making food trays is currently in
the order of 1.70 per kilo and the target price of the Biotec material will be
in the region of 1.80 per kilo. There are also a large number of environmental
benefits that are driving the shift from petro-plastics to sustainable
alternatives. I believe the acquisition positions the Stanelco Group to take
advantage of this rapidly expanding market place and specifically it will enable
Stanelco to offer its product ranges that contain starch product at up to 20%
less than is currently available. This acquisition also creates a further
barrier to entry for potential competition in the GREENSEAL project as we will
be able to provide a turnkey, ecologically, environmentally responsible solution
to MAP food packaging requirements.



Scott Houston of EKI said:

'We are extremely impressed with the speed and the professionalism in which
Stanelco and their advisors worked during the week to close the transaction.
Stanelco had previously performed their due diligence and an offer to purchase
was submitted only on Monday.



We are delighted with the outcome and as Biotec will remain a key supplier to
its former sister company, Earthshell Inc, we wish both parties enormous success
in the future in this enormously exciting, emerging market.'



Ian Balchin continued, 'Biotec dovetails with our RF technology, our
water-soluble and biodegradable technology at Adept Polymers and the packaging
design and development skills of Aquasol, all subsidiaries of Stanelco, and
gives greater access to world markets for the whole Group. We are particularly
relishing the prospect of unlocking Biotec's potential in conjunction with
leading supermarkets to supply mass-markets.



I am also pleased to report that the second trial for GREENSEAL with ASDA has
moved into the retail phase, having passed the stability (shelf-life) test with
flying colours. The third and final trial is commencing this week. As announced
on 23 May, Stanelco has taken its first formal commercial order from a dedicated
ASDA supplier and is preparing itself for negotiations for further orders.'

wilbs

All a bit quiet this morning, but confirmation of the second trial and some unexpected news (well to me anyway!)

LONDON (AFX) - Stanelco PLC, the radio frequency applications group, has bought the Biotec Group from EKI for 25 mln usd, payable over a 24 month period.

Stanelco also said its second trial for GREENSEAL for ASDA has been successfully completed, with the final trial commencing this week.

newsdesk@afxnews.com

I particularly like the last para

baza

suppose its a bit early yet, however little interest seems to have been sparked??

morning. how did you lot get through? i had a message mam server was down!!! anyway, what about that for a surprise!!! good news , i think. but i have to say i dont like this bit

"Stanelco is currently considering a number
of options for funding the acquisition, which may include the entering into
arrangements for debt facilities and/or a placing of ordinary shares for cash."

are we going to miss out again?
but i am happy. the original reason i invested in seo was the starch trays side of things. obviously since greenseal this has been pushed to one side and they have concentrated on technology that is market ready.

Oh dear - now an acquisiton - going to mean a shares issue perhaps and also the inevitable weakening of the buyers SP as it goes into uncertain times.

It now is apparent why the SP was requried to be so high in recent times ;-)

Look at the majority of SPs of the buyer - they go down - the one being bought goes up.

This will add too much uncertainty to the equation for most.

And still just one order.

Very much a weaker postion now and just how many shares will be issued if required - how much dilution ?

What was Ultra High Risk just become even more risky IMO.

A bit more dilution - which I guess will hit the share price short term - but excellent news anyway as another bit of the jig saw falls into place. It would be good now to see some more orders confirmd.

Baza

II

do i detect some humble pie as per your statement regarding no RNS this monday.

Got to disagree with ii. SEO has moved from being an engineering co to a patent and intellectual property owner and I see this move as a short way to increasing and spreading that portfolio. Sure it will cost in the short term, but this is not a traders thread, it is for investors and it is a rare invester indeed that considers a diversification of portfolio an increase in risk, quite the opposite applies.
I feel happy that this, in the medium term, takes the pressure off greenseal as a one hit wonder and a cash cow for the group, and allows for the odd hiccup along the way without destroying the business.
Alan

very hard share to call, however -as with BPRG-the Monday morning jostle for position by market-makers (especially between 8.00-9.30 a.m.)will need to settle.
Talking of BPRG the moron tendency on the ` other side` are getting carried away again I see " someone knows something", " somethings brewing " etc.
What on earth sort of jobs do those rampers have , to allow them all that time on line, or maybe who pays them to BE on line ramping all the time?

BIOPLAST - The biodegradable material

Applications: accessories for flower arrangementsbags, boxes, cups, cutlery, edge protectors, golf tees, horticultural films, mantling for candles, nets, packaging, packaging films, packaging material for mailing, planters, planting pots, sacks, shopping bags, straws, strings, tableware, tapes, technical films, trays, wrap film......

wilbs

Although I got out of SEO when the bb got trashed by uninvited pretentious posters, Im sure there are many investors like myself still here on the sidelines waiting for normality to return, ready to get on board again. We still read the threads, speed reading the dross but looking for viable comment. But I really like the RNS news this morning for one very important reason. No-one predicted this (the buyout) happening, not even remotely. This is important because its a poke in the eye (maybe two fingers) to those who demean the aspirations of others. If you poke a sleeping dog long enough, it will bite your finger. In the past, I have had occasion to question SEO, had the courage to talk to them and have been rewarded by talking direct to persons such as Howard White himself. Not an e-mail, not a letter, not a text but voice to voice. The malaise of this thread is unfounded supposition on both sides. Who in recent times has picked up a phone to talk and ask SEO what is going on or what is going to happen?? The bashers will not talk to SEO direct because they know that there is no company director in this land who is not out to make his company (and himself) richer by beating the competition and/or providing a first to the market. Some win and many are also-rans. Agreed, company directors will never tell you that the company is going down the pan but why would they? They are just as keen to keep their job (probably more enthusiastic) as any of us who are usefully employed. Frequent posters here are obviously not usefully employed (no disrespect intended, retirees excluded) otherwise they wouldnt have the time to keep posting so fervently (unless they are permanent night workers of course). So to all aspiring positive thinking investors, its your money, your gamble. But if you want to reduce the gamble and turn it into a calculated risk, talk to the bus driver and dont be steered by the passengers, especially those who should have got off at the last stop.

excellent post DC

Deancroft - what a good, common sense post - thank you

Baza