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

Thanks chaps ,but i didnt take offence at being called naive, ive been called a lot worst on here by sequestor,,,however if sitting on a 80% profit, in a company that looks like it may have much further to go is naive then i wish i made such stupid decisions on all my dealings, i'd be very rich by now (i'm not),like you say bos i,m sure if the tide turns ,the general feeling on this thread will also. I still enjoy reading the posts from all the regulars who were established here when i first found this bb...JB..

A few research links

Biogredable trays try Sharp Interpack

http://www.sharpak.co.uk/news.html


try Paper Coaters

http://www.papercoaters.co.nz/trays.htm



Biodegradable and compostable films try Innovia

http://www.innoviafilms.com/tools/whatsnew.htm

try Ecofilm

http://www.ecofilm.com/

try NatureWorks

http://www.natureworksllc.com/corporate/nw_pack_food.asp



This link below may shock a few people but Walmart and the likes have been working with many other companies since early 2004 this update of 1st August 2004 shows where things were moving then and if you research the companies mentioned you will find they have moved on much further and doing well this was about the same time that Stanelco launched their ambitions in this field however come June 2005 SEO are still struggling to find a market and still far behind the others people still dream but the world has moved on. DYOR.

http://www.modplas.com/inc/mparticle.php?section=worldtour&thefilename=worldtour08012004_01

People like to associate with whats already happening in the industry however its already happening (Walmart doing it for a long time already) not waiting to happen too late maybe for Greenseal ? If Biotec has a decent product they would not be a loss making company perhaps they know they cannot catch up so why not sell it off to SEO ??

The trials so far have been RF welded Cut To Open lidding (consumer unfriendly IMO) - and compared to standard consumer friendly peel off lidding - there will be an increase in shelf life - did they forget to say that ? ;-)

jaysus lads get out a bit more.

The Investors Chronicle says in summary - the price is high enough - all talk and no substantial orders or revenue for the fundamentals of making a profit and not a loss all the time.

Have a read - its on their free stuff - just register and read the IC Comment for 10th June 2005.


http://www.investorschronicle.co.uk to register for free and then -

http://www.investorschronicle.co.uk/content/free/2005/News/news_20050610_9.html

re 5780: without wanting to encourage you by countering your comments the IC did not say they were too high; my view of their comments is that they do err on the side of caution so I think their comment, given where SEO has come from, is one I think investors for the medium term can count as an endorsement for holding the stock at current levels. At what sp level does someone like you hang up your boots and admit that you have misread this one? On reflection don't bother to answer because I'm not that interested.

andysmith: appreciate it if you would comment on ii's post 5778.
ii: it would help with any references if you used the link facility below the article posting box.
bos: good post; agree completely.
driver: I read the IC piece and your comments are apposite but I thought it worth a bit more of a look.

IC refers to the acquisition of 'a key supplier', Biotec. 'Analysts believe the deal will unable Stanelco to increase profitalility on its existing starch-based products'. A key aspect is probably pricing rather than profitability - I take the key statement to be (see RNS): "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". Putting this together, the key word appears to be 'turnkey', i.e. the ability to present a total solution helped by the pricing of the Biotech-sourced products. "Using R/F, Biotech's products remain biodegradable, whereas after conventional heat sealing they are cooked solid and will not decay. Stanelco will be able to licence a complete sealing and packaging solution. Being able to tailor-design products for RF should give it an edge over any other company attemting to get round the Greenseal patents". (Tim Freeborn, Evolution)

The IC View is: "Stanelco is now worth over 200m, but there are few hard-and-fast fundamentals upon which to hang this lofty valuation. High enough."

Its certainly reasonable to ask the question: "why 200M+" when, so far as we know, the existing order book is one Greenseal retrofit. The most recent statement re the order expectations from ASDA suppliers is 200 machines and the intial statment on the signing of the ASDA contract was for a revenue of 5m (KBC Peel Hunt figures are for 300+ machines) This is a good start for a new product but in itself doesn't justify the market cap. The best source in my view regarding projections is KBC Peel Hunt, the house brokers, rather than Evolution. Their forecast on 22nd April assumed a roll-out of 1000 conversions by 2007 and some 2750 by 2009. The most helpful statement was: "..the group needs to have 1000 licences to justify the current market cap - ignoring all the other parts of the group. This equates to 2% of the world market and only 3 times the ASDA contract".

There is a very reasonable view, held by many contributors to this thread, including myself, that the roll-out, whilst it may and probably should start slowly, will accelerate and these projections of KBC Peel Hunt will be proved extremely cautious. andysmith, a lifetime packaging man who understands the industry from the inside, takes this view. His expectation of an sp of 250p is based on only 10,000 conversions or less than 20% of the market. We will be able to take a much better view if, and when, a Wal-Mart contract emerges or another US major. The KBC Peel Hunt figure says three times ASDA for penetration by 2007. This is so clearly cautious that it gives confidence in the current sp. The clear conclusion is that it is worth buying SEO as an investment reviewing it as market penetration expectations are clarified; shirt-term traders need to take their own view. The IC conclusion is under-researched (some say 'good old Shares'): if by 'hard and fast fundamentals' they mean current pe and oreder books, then that must apply to any emerging company, including in the energy field.

Eric

Sharesure: I read your post after completing mine. I wonder whether you are interested and, if not, why not? My answer to your question is that I would change my view if the order expectations for Greenseal over a three year period were reduced to 1000 or less.

Eric

This post is for the newbies and some of the oldies, if you hold SEO you are very lucky you must know about stocks and shares, investment etc, or you know some one that does and has put you on to it. 100 years ago you wouldnt have had any shares, it was for the rich and famous, they used to have share clubs and share groups and trade amongst them selfs, you would not have got a look in. You are not rich, but you are trying to be, most of you need reassuring your hand holding, every bit of information on the movement of the sp is taken in and analysed. You are in the company of some very serious heavy weight investors on this board and I dont mean their trousers size, do you think that they would be hanging around if they doubted the massive potential of the future of SEO.

This company has moved so fast it has left the sp behind.

FrogPack was announced on the 31 Jan this year 2005 it has been developed, is being sold in this country, and is being marketed in the US.

GreenSeal was announced (we didnt know its name then) on the 8 Feb this year 2005

On 9 Feb SEO has a successful placing raising 4.7m

24 March this year 2005 SEO signs a binding contract with ASDA (GreenSeal)

7 April this year SEO announces that it has entered into a binding agreement with Premier Technology which will enable rapid roll out and adoption of Stanelco's GREENSEAL tray-lidding technology in a number of markets in North America.

11 April this year SEO has entered into a binding agreement with Advanced Energy Industries Inc that will enable the rapid adoption of its GREENSEAL tray-lidding technology GLOBALLY.

25 May this year signs 1st commercial deal with Asda supplier for Greenseal packaging.

6 June this year SEO buys Biotec from EKI for 25 mln usd (Biotec is one of the world's leading exponents of starch technology) another product?

Where were we, o yes SEO is going to have another successful placing rasing 9m, well thats it to date, do I have to go on or even explain the future of SEO.
What happens Monday who cares a shit as andy puts it, if it dips top up if it doesnt hard luck you will have to top up higher up, never mind I have.

Finely punters should not get so worked up by our beloved two eyes, Bashers only bash good stocks, he gives SEO credibility, do you think for one minute that his rantings affect the sp, most investors dont even read B/Boards. One of my stocks Postman Pat (ERT) is being bought by dozens of investors, yet on the thread theres only me and jimmy, we like it like that, its very exclusive.

This time next year the sp is not going to be in the 20p to 30p range, the contracts will have been signed, the orders filled and filling, the revenues coming in, and us waiting at home for Postman Pat to deliver our DIVIS.

Eric, I have decided that other than operating a stop loss at a sufficient maegin to allow for the inevitable fluctuations caused by bad mkt. days and/or the actions of shorters this stock is a longer term holding where I would rather rely on the RNS feed from the company and my own chats with the directors or where others have done the same. I have little patience with folk who try to manipulate prices by going short and then bashing; although in the longer term a good company will in my view always win through, in the short term it can be tiresome because it can damage, albeit temporarily, the price of an otherwise good stock. I accept that the actions of bashers can give topping up opportunities, but when you've finished doing that it would be preferable to be able to relax and watch events unfold in a commercial way.
I like to read your posts as they seam balanced, pointing up the obvious potential pitfalls without getting negative.

Eric, I am not rising to anymore bait and reading his comments.
As I said on an earlier post, bashers etc CAN write their opinion as to why it won't work, people who do have an insight on what is happening CANNOT for reasons of confidentiality etc. Walls have ears in my industry which means you can get to know "information" but that supply line can get cut off. I am relaxed about SEO from what I do know and from what I read on their other business ambitions via the RNS's and this thread.
I am in this to make money for myself and my friends, just so happens that SEO has been my most profitable by a long way and should go much further.
I will sell some next year for my trip to Australia, thats the whole point of investing for me, make dosh for things I otherwise might not have been able to do. If I hear something negative in the industry about SEO and RF I will re-assess and review my position and make decisions from there.
In 2004, SEO was struggling big-time with limited potential revenue streams and a potentially company destroying court case BUT now it is poised to make real impact in my industry with several world-class products IF the management plays this one right.

I am a lurker and have read this thread with much interest since January.

I do not post and but I do have over 500k invested in SEO - it is one of my major holdings - but I am not an expert investor.

I just wanted to say how much I appreciate the input of Eric with his balanced views and Andy with his inside knowwledge of the packaging industry, as well as other constuctive contributers.

I do not care a shit what II says - I do not think he is a constructive contributor - he has no shares and seems only interested in playing mind games. I do read some of his posts - but they do become increasingly tiresome.

I have absolute faith in this management team and I beleive this company has an excellent future. It will not be without its traumers (is that how you spell it) along the way, the share price will pull back from time to time , but I have a 3 year view and I expect to make some serious money out of my investment in SEO. However - I do recognise that this is a high risk share, that the results will not make pretty reading and that there are still some hurdles to jump - but in my view (remember , not an expert view) I think this company has great potential.

I will now disappear and watch the future with interest

Nealo

RESEARCH PAGE Updated 11/06/2005
The rapid advance of SEO to date:

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

Nealo: thanks for that! I suspect there are a lot who read threads as part of their research into a company as I do. I sometimes end up posting and then get to know the guys and gals. I suspect the number of people following SEO as serious investors runs into thousands, judging the compelte blue pages which follow a drop in price. But do come abck occasionally and give your opinion, please. Also, your comments on ii will represent, I am sure, the reaction of most visitors as hsi approach is so obviously biased for whatever reason. PM can be over-enthusiastic but you can see reasons for his posts whereas ii picks up on the jot and tittle (he would understand that) and makes a courtcase out of it! By the way - did you mean 500K? if so, you've arrived where most of us are setting as a goal!

driver: very worthwhile post. There are so many posts on this thread that the valuable ones get left behind - your research page is very helpful in this respect (will leave you to post the reference!). My question in general terms is how does Greenseal weigh with the other product initiatives in the market, for instance the ability to peel off the cover of a tray? If we take a typical supplier who delivers to ASDA but probably other supermarkets - what% of his machines should he retrofit? Is there a numerate way of defining the potential out of the 50K minimum machines operating?

Eric

Eric - yes I did mean 500k - and I am very comfortable with that level of investment.

Nealo

Nealo Lend me a bob for a drink. Haven't had one for a week!!

Any write ups in the weekend papers?

Andysmith your enthusisam for this stock with your inside knowledge is
comforting for those of us, outside of the industry. Would you say it is the generally held view inside the trade?
Why i ask is that i know of one other with the same belief in seo's system.
cyril

anyone who invests the majority of his investment in one share is asking for trouble, big trouble, and I think he may get it tomorrow, we`ll see.

Nealo, nice description of your position, ref the thread and the work done by the few to keep the many upto date with the progress made by SEO. I am sure there are others out here in admiration land who keep watching and appreciating the time investment value of this BB.

watcher Long term holder and still collecting

morning.there do seem to be quite a few lurkers and watchers out there, posting very occassionally to "hello". so "hello" back. IF there is no news tomorrow, i think we will be in bear country. also,the gloaters will be out in force telling investors how seo is over-hyped, over-valued and is now going to crash and burn. don't panic. the reasons why we have invested in seo haven't changed and if the pattern of trading follows the last placing in feb , then it will all settle down within days.