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

I got this of the Earthshell Web Site the plot thickens or the jigsaw is coming together.

"We see more than 100 million shoppers every week at Wal-Mart stores, and environmental products are important to a growing number of them. Wal-Mart is pleased to introduce EarthShell Packaging plates and bowls as an extension of our current line of traditional disposable dinnerware."

James Alden
Buyer for Wal-Mart Stores, Inc.

EVO note sounds good, and I bet Khashoggi wishes he had taken shares in SEO a year ago, when Stanelco made their first offer for Biotec .... they would be worth 100m now :))))

Here in my own words, is my summary of the notes main points ....

Placing next month to pay for Biotec

Biotec to apply for more Patents within weeks

Until those Patent applications are announced we won't be told what is in the Biotec pipeline, but any Greenseal benefits will become clear.

Stanelco can licence a complete sealing and packaging solution, of Greenseal plus trays and film, and Greenseal plus thermoforming sheet.

In the medium term Biotec may have a huge impact.Short term apart from a relatively small placing, not much impact

Cheers,
PM

Having 'lurked' for sometime I have followed this thread with interest - and bought in to SEO!

Although disappointed by today's slight fall, I agree with Sharesure. My view is that this company restructuring itself well to cover a perceived weakness.

I'm in for the ride!

Wal-Mart CIBC note out today, makes some good statements.

Potential acceleration of growth. The company sees the potential for another 3,900 Supercenters(1200 from converted discount centers) with 950 of them already internally processed.

35-40 new Sam's clubs set to open this year

ASDA facing difficult retailing trends in the UK, pressuring sales and profit near term, but is reacting to the trends by offering better value, new differentiated products, and improved customer service, while trimming costs. The main priority is now to drive sales through increasing value and reducing costs.

Possible expansion into India, Wal-Mart sees India as a $250Bn retail opportunity, with the largest educated, english speaking population in the world, with the fastest growing middle class.

Cheers,
PM

avsec
Welcome aboard have a look at the R/Page I might have to update it soon.

SEO RESEARCH PAGE:

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

PM,
India sounds very positive (love the place and people), lets just hope Walmart get in there. SEO will just go on and on once Walmart sign up.
Cheers,
Sambal

http://www.biotec.de/engl/index_engl.htm

BIOPLAST TPS is BIOTECs trademark for a pure thermoplastic starch material. BIOPLAST TPS has special properties compared to conventional plastics. BIOPLAST TPS has a very good permeability for water vapor and, at the same time, excellent barrier properties for oxygen and carbon dioxide.

BIOPLAST TPS is available as cylindrical granule and can be processed solely as well as being blended with other polymers.

BIOPLAST TPS is manufactured of pure food ingredients and can be produced according to the hygienic requirements for food production.

Due to its composition, BIOPLAST TPS is edible, digestible, water soluble and completely biodegradable.




2. Applications

- foamed trays and boxes for single use disposable fast food packaging

- foamed products

- water soluble products

- ingestible products


3. Packaging

BIOPLAST TPS is delivered in 20 kg PE-sacks. Packaging labeling includes product designation and lot number.



4. Delivery Format
BIOPLAST TPS is produced in the form of a granule. Unit pallet net weight is max. 600 kg.



5. Storage and Handling

During storage, BIOPLASTTPS can take up humidity. The yield of water uptake depends on temperature and relative humidity during storage. Therefore the granule should be stored cool and dry in the closed PE-sack.



6. Shelf Life
If stored correctly, the shelf life until processing is max. 6 months after delivery.


7. Safety data
BIOPLAST TPS is no dangerous product in the sense of directive 67/548/EEC and not subject to transport regulations. The product is not expected to create a decomposition of individual components at room temperature. General safety, protection and hygiene rules for the handling of the molten granule as for any other polymer should be observed. Also please note, that spilled granule can make floors slippery. Material Safety Data Sheets are available on request.

Sambal Hi,

Wal-Mart are just waiting for the government to open the market, and are in close talks with them to try and speed up the process.

IMVHO later this year they will get access and buy an existing suprmarket chain.

Cheers,
PM

PM
I am aware how the Indian government work, and how it worked in the past to outsiders, I worked there way back in the late 70's.
The project was Bombay High and the projest was partially funded by the World Bank. How times have changed.
India imo is a far better place for Walmart to invest in than China. It is a massive and mature market these days.
Cheers,
Sambal

unusual day. we get good news in the morning about a great aquisition and also news that yet another trial has passed with flying colours, buys and sells are pretty much equal and we have a drop in price. once again, it just doesn't make sense to me.......

Bosley Hi,

lemminginvestor suggest it is traders selling into strength, not sure myself as there was no gain to sell into.

I think it is more likely that selling, was by those thinking about a possible placing to raise the cash to buy Biotec, although IMVHO institutions will be hammering on the door to get such a big chunk of SEO, and there is always the option of borrowing, especially if management are expecting a USA deal soon, and that could pay the loan off in no time.

Cheers,
PM

14million pounds against a market capital of 222.54million,
just over 6% in my reakoning or 1.5p off sp.
For this we get biotec,with all it has to offer. That along side the news of trials 2 and 3, could be deal with ASDA will be confirmed in the very near future.
Seems a very positive RNS to me.
cyril

Cyril Hi,

They only need to find "A further US$11.27 million is due to be paid on completion of the acquisition which will be satisfied in cash"

They can rely on Greenseal and Frogpack revenues to pay the next two payments in 12 months and 24 months time.



$11.27m = 6.21m


Cheers,
PM

Only 6.21m .... I would borrow it and pay it off within the year, from the USA Greenseal and Frogpack revenue !

Then again at 25p a share it's only 24,840,000 shares.... 2.85% of the issued shares !

Cheers,

PM

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=74801

Stanelco buys green packaging supplier

Published: 15:20 Monday 06 June 2005
By: Graeme Davies, Investment Correspondent

Radio frequency specialist Stanelco is splashing out $25 million to buy supplier Biotec Holdings to add starch technology to its propriety packaging offering.

Biotec's technology includes thermoplastic starch, which will enable Stanelco (SEO) to use environmentally friendly starch-based materials in its packaging. Stanelco has combined radio frequency technology for use in packaging, particularly food.

The management of 225 million Stanelco must be pretty confident of the $25 million (13.7 million) deal it has agreed. It has already paid out $1.23 million in a non-refundable deposit and will pay out another $11.27 million in cash when the acquisition is completed. A further $6.25 million will be payable in 12 months and a further $6.25 million 12 months after that. None of these are subject to performance criteria.

However Stanelco's management is still not sure exactly how it is going to pay for the deal. It is considering either arranging debt facilities or raising cash through a share placing.

Stanelco is also locking in Biotec's managing director Harald Schmidt on a three-year contract, describing him as 'one of the world's leading experts on starch polymers'.

Biotec's starch technology should complement Stanelco's business, not least because the starch-based film comes cheaper than petro-plastics based films and should allow Stanelco to offer product ranges using starch products for up to 20% less than it is currently able to offer.

Stanelco reckons using the starch technology will also add another barrier to entry for its Greenseal food packaging system, which is commencing its third and final trial with Asda this week having passed the first two with flying colours. Greenseal uses radio frequency to seal packaging. The company has already received its first commercial order from an Asda supplier, and further deals will lend credibility.

Citywire Verdict:

The agreement to buy Biotec appears to make sense for Stanelco and brings one of its key suppliers in-house, allowing it to cut down on costs once the business is fully integrated. The main imponderable is how Stanelco will pay for the deal and whether a fund raising will hamper its share price. So far, 24.55% shareholder The Age of Reason Foundation has already given the deal its backing.

Stanelco's share price has risen sharply this year, from 5.75p to as high as 28.5p as news of its trials with Asda helped investors forget last year's unseemly spat with Biofocus over a patent dispute. Its shares are off 1p to 25p on news of the deal and investors should probably wait until management decides how it will pay for the deal before considering committing fresh money.

http://www.whatinvestment.co.uk/newsfeed/article.asp?article_id=490184

Company News ...more
Stanelco boosts starch knowledge base 6/6/05 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.

paulmasterson1 - 06 Jun'05 - 19:11 - 5391 of 5391 (Filtered)

bloody Hell-how much a post?

If I was going to raise the purchase price through a placing, I would also take the oppoprtunity to raise other working capital to roll-out the new products born of the acquisition at the same time.

However, even that would probably be no more than 10-15% dilution - nothing compared to the synergistic value of today's acquisition which is already supplying some of SEO's key future markets.

Together with news on 2nd trial, great day all round. Price marking time till funding details become clear IMHO.

sd

I feel we will see a knee-jerk reaction like the one when Reiser was announced. That really started moving a few days after the announcement, when people actually realised how big that news was.

Cheers,

PM

http://www.mirror99.com/20050524/stanelco_signs_first_commercial_agreement_for_greenseal_technology_with_asda_supplier_in_united_edi.jspx