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

Sequestor, you are quite correct, you do not understand. But why should you? You were not posting here in December/January when the sentiment was quite different. Many regulars then do not post now. And yet again, I did not say I had given up SEO as you wrongly imply, far from it, I now have a bigger pot ready to buy cheaper SEO shares when I decide the time is right.

A good post from elswhere -


"in the last financial year ended 31 December 2004 Biotec made a netloss 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."

That figure does not inclued the interest of loans etc, that are needed to keep it running. So last years full loss was actually EUR2.3m (GBP1.55m). You cannot subtract it again!

Without interest charges, it was a loss of EUR1.3m (GBP880k).

As for your statement: "HOWARD's BET THE FAMILY JEWELS ON IT.LOL" well that appears far from the truth. Howard will effectively be paying his son $6.14m of Stanelco's funds for this loss making Company!

Stanelco - a loss making company - buys Biotech - a loss making company - someones son gets paid loads of money so it seems (is that other comment true?) - a dilution in the region of 50M to 75M shares with some fund raising for working capital (or put the company into debt) - to me it says they have just done the dirty on the shareholders - lets see what the press comment is on this - it could spark some serious debate and put into question many comments made on SE0.

My negative take is they know Walmart are not interested and potentially only the Asda agreement looking forward - so they are using the present situation to add something else in - very speculative and could push the risk factor over the top.

deancroft - 06 Jun'05 - 09:33 - 5343 of 5353

Although I got out of SEO when the bb got trashed by uninvited pretentious posters,
--------------
I still don`t understand- the clear implication is that you were influenced by negativity on a bb- thats your quote above "got out", "when " and " the bb got trashed", seems clear to me, anyway its your money- oh and I have been around since MAM started.

ps and I hold a few SEO

Sequestor, yes you are correct again, you still do not understand. Sorry, I should have been more explicit. I meant you were not posting on this thread December/January. Correct it is my money. Perhaps you should hold a few more SEO and make others jealous.

i don't get the negativity.going off this mornings rns, buying this company looks like a good thing. their technology does fit with seo. it also provides an alternative if bprg do win the appeal.

"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."

looks like heads or tails, seo win....imo.

also, it seems only baza is pleased with this. i am with you , baza . great news.

"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"

blimey!!! how much good news do you lot want in a day??

Bosley, ref post 5356 you are quite right. If SEO wanted to hand over funds to family members as others have suggested, they could have done that with less publicity in many ways. We shouldn't forget that directors of a public company are responsible for anything that could be construed as financial irregularity. It's obvious to me that they have bought this tech with the intention to improve their commercial situation, not to purposely make a loss from from it.

Bos - I just feel that the SEO management seem to know what they are doing. I think they have a strategy and this purchase fits neatly into their jigsaw. I am not a financial analyst - but I do not think SEO would have committed to a purchase of this magnitude if there was not already an agreement in principle made with other suppliers ( or at least they were supremely confident of announcing more orders in the near future). Far from diluting in the longer term - wont this purchase start to bring revenue into the company and longer term start adding to the bottom line in its own right?.

I know I am biased as I want the company to succeed - but they do seem to be gettin their ducks in a row and moving forward at one hell of a pace. It would not surprise me to see another RNS later this week.

Anyway - what do I know - I am voting with my feet and holding onto my shares - if I was able - I would probably use this period of uncertaainty to top up again

Sorry but I cannot agree with you on this share. The price is badly down today and there's a very good reason for that. It has risen too sharply over the past few months and is experiencing a correction. The price will continue to drop until reaching, in my opinion, the 20 pence mark.
I'm selling my stock, cashing in now, and may consider returning after the price correction has completed its course.

Interesting - I think we have a gremlin called kivvver - with 3 v's seems to be posting randomly all over this board to destabilise it. He has posted similar doom & Gloom stories on other threads as well.

I found this guy posting on other threads and thought I would check him/her out. Likes to use names that are similar to others to make u think its them - somethimes he just changes a capital letter or adds another letter in the name.

Ian (Moneyam) - you might like to check this out i case I an wrong

baza

i think you got one too, baza, bhuntty, on the kmr thread!!!!!

Kiv, I think you are an optimist. the B/S ratio is 43/55 on very small volumes and i think with any info like which has been released there is generally a stand and stare period.

I have been away for 3-4 days sleeping in a field. I was horrified to see over 200 updates to this thread but was delighted to find that because I had already Squelched Jak, II, Pauline, Sequestration, Chichi it cut about 80% of the inane contributions.

Oh well - little things please little minds - but more importantly - if someone is deliberately trying to pretend to be someone else - it puts the whole board in question. Not sure if this is malicious by someone trying to undermine what used to be an execellent BB - but has recently fallen into decline - or just some kids having a bit of fun - but MAM need to start to get a grip on this before it undermines the whole board.

Baza

MOre of the same in a more digestible format

Stanelco boosts starch knowledge base 06/06/2005 11:20:00 AM

LONDON (ShareCast) - Stanelco is expanding its expertise in starch technology with the acqusition of Biotec from EKI for $25m, payable over the next two years.

Biotec is one of the world's leading exponents of starch technology and has a considerable intellectual property portfolio, including many patents, Stanelco said, which added it may issue shares through a placing to pay for deal.

Biotec's proprietary pharmaceutical grade film is suited for applications where it replaces conventional polymers such as gelatine in pharmaceutical and edible applications. It also has ranges of products that are ready for commercialisation within the food and beverage industries.

Stanelco shares have risen more than four-fold in the past six months as it has held trials with Asda over its new starch-based food packaging sealing technology.

Baza

Hi All,

Direct competition for bprg, but with decent management and honest directors, we could beat them to the big deals :)))))))))))))))

"Biotec's proprietary pharmaceutical grade film is suited for applications where it replaces conventional polymers such as gelatine in pharmaceutical and edible applications. It also has ranges of products that are ready for commercialisation within the food and beverage industries."

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I have read the RNS a few times now, and now think(99% sure) the Trays and Film which were the subject of trials since January, are the reason Stanelco has made this aquisition.

The last Buisiness Wire press release spoke heavily of MAP packaging, and also quoted Howard as saying, that he hopes to see Greenseal fitted to half of the 50,000 MAP packaging machines in USA, Europe and UK, within 3 years. The interesting bit today that goes with that, is at the end of the RNS ....



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.


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.



Bigger than we can imagine ? Stanelco Trays and Film to complement Greenseal, at a price to compete with Petro-films, another no-brainer !

In the USA 2.8 billion MAP packaged meat trays are used every year, and that is expected to grow to 70% of the 9 billion meat package market, by 2010.


From the Final Results for the Year ending 2004

Food containers We announced during the year that we were working on biodegradable food containers, made predominantly from starch materials. Work on the first product is now reaching an advanced stage and if successful we hope to license it during the next year.

Also worth noting is this bit from today's RNS ....

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.

Once the final trial is complete, I expect Wal-Mart to start moving.

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

Also another plus point for todays deal ....

From today "Biotec has a unique portfolio of products including Thermoplastic starch ('TPS'), which enables the use of environmentally responsible material in place of petro-plastics"

And the reason it is of benefit is in the RNS below ....

Stanelco plc develops new material format for use in tray manufacture and thermoform packaging

Stanelco PLC

26 November 2004

Stanelco plc Stanelco plc develops new material format for use in tray manufacture and thermoform packaging

Stanelco plc ("Stanelco" or "the Company"), the RF (radio frequency) applications group, is pleased to announce the development of a new biodegradable starch/PVA film product for use with its RF technology in tray manufacture and thermoform packaging. This progresses a patent application announcement on 14 May 2004, which has resulted in the development of a new range, low cost starch/PVA biodegradable film material which using RF can be processed like conventional thermoplastics.

The Company has now used this patented technology to develop a process to produce this product in a sheet format for the manufacture of thin wall food trays for specific use with organic and other foods. It can also be used with thermo-formers for packaging products such as bacon, cooked meats, etc. The film material has excellent qualities including a superb gas barrier in mono format and can be sealed using Stanelco's RF technology process. In addition it is cost competitive with other types of biodegradable products currently in use in the market.

Initially this product will be targeted at organic ranges which represents approximately 6% of Supermarket produce sales but future developments will endeavour to make the product cost competitive with general packaging materials. Trials will commence in the New Year and, if successful, commercialization will commence in the current financial year.

Stanelco is in discussions with a number of end users and manufacturers regarding the testing of the technology with a view to the adoption of this process into their product lines. Further announcements will be made in due course.

Ian Balchin, CEO of Stanelco, commented: "At the time of the original application for the patent we were excited about the opportunities it might present. With further development of the process we have opened up a new product line and the interest from end users has been very encouraging. We look forward to further developing this exciting new area for Stanelco and its shareholders."

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Greenseal again proves to be a no-brainer ....

From my website, the Beef USA report ....

Products with advanced discoloration are likely to be discarded. Each of these options contributes to losses in value and sales of beef at retail. U.S. retailers fail to capture at least one billion dollars of revenue annually from fresh beef sales, due to product discoloration.

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

Cheers,
PM

FYI

All references in my last post are taken from articles on my website

http://www.stanelco.devisland.net

Also Biotec are still going to supply Earthshell, who are suppliers to McDonalds, so maybe we will see a tie up with Earthshell for Stanelco's process of foaming starch trays 10x faster than the current heat based method :)

Cheers,
PM

http://www.prw.com/main/newsdetails.asp?id=4115

baza - there appears to be a relation of yours "bhuntty" doing a bit of bashing over on KMR thread - do you know him/her? suspect more closely related to informer, ii and wa157te???

lazarus

paul, just been on the earthshell site and can find no mention of supplying macdonalds. where did you get that information?