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

http://theweekendchef.exit-23.net/20050528/cornbread-chicken-pot-pie/
by Cybrludite @ 09 Mar 2005 08:51 am
At Wal-Mart I recently found cubed chicken in a retort pouch (Like an MRE or the new packaging for Sunkist tuna) thatd be perfect for this. It was from one of the big name national brands of chicken, but I dont have any in the house right now.

Oh - so not in a tray but in a new retort pouch - interesting ;-)

Yea driver, I know know what you are saying. Look at these nutters!!

ii in a pouch, his quite hansom.

http://www.mreinfo.com/news/index.php?p=12

Then a number of months back, I saw that Wal-Mart Super Centers were carrying the Sweet Sue brand of retort-packaged meals. These things were honest-to-goodness entrees - things like Chicken Marinara and Chili. These things cost about $2.50 each which I considered low enough to try but a little to high to stock up on.


Did someone say Walmart - Retort Pouch - ;-)

No ii. They said ii is a

Right, I'm outta here.

In case anyone has forgotten the other benefits of Greenseal apart from cost-savings for Asda and its suppliers there is the obligations to the ISO standard for environment whereby end-users have responsibilities. The news last night featured a piece on this with new targets. Packaging currently accounts for 25% of all waste going to landfill, most of which is plastic that cannot be recycled. Well Greenseal can help out there. The piece also mentioned that Sainsbury's have experimented with bio-degradable, compostable packaging, this is also a string on SEO's bow. The story is unfolding and I for one am pleased to be heavily invested and prepared to wait for the pieces to come together.
Interims may not be brilliant, what would we expect, revenues have only just started to flow but this year should see the last lot of red on the books.

Retort Pouch seems to be greener than any tray solution - so thats why Walmart use it ;-)

"Catino says that many current products in the home meal replacement (HMR) market suffer from overpackaging. The product is typically in a tray with a cardboard sleeve and a film lidding, he says. Then inside is the roasted meat product inside a vacuum pouch. The packaging is way too much. He says that a single printed pouch can replace all the other packaging"

Come on Tesco, Sainsbury and all - get using these new wonderful material saving and super green retort pouches like Walmart do - trays are wasteful - retort pouches are the new in thing - just ask Walmart.

Retort pouches are not really competition to Greenseal - they replace the trays so you can say Retort Pouches replace Greenseal (not that its even selling well at all) - not compete with it.

The consequences are the potential for tray lidding machines is dropping all the time - in the USA you can quite clearly say the ready meal market is now Retort Pouch.

This may be another reason why suppliers are not rushing to change to Greenseal in the UK - yet another reason - perhaps they are planning to convert to new Retort Pouch machinery and do not plan on using most of the tray lidding machines much longer. Means there is not room for the proposed 5 year license - DYOR - if you do you will find many interesting things that counter the ramp.

I maintain - Greenseal is a limited potential product and will never produce the massive sales that the rampers have predicted - SE0 remains highly overhyped and overvalued.

morning all. had a great holiday , thanks. just read the tty thread. still crying. where do you get those pics?
ii , i'm sure last month you were saying that walmart wouldn't be interested in greenseal because laser sealing and ultra sealing were the lastest things and soooo much better than anything seo had to offer!! now it's retort pouch? the amount of work and effort you put in is commendable but completely unnecessary. it is a given that there is competition, that the retailers and packers have choices. seo have signed with no less a company than asda. that IS impressive. even you have to admit that. orders are slowly coming in. seo have said that they are/will be pitching to american retailers. overvalued? at present , yes. overhyped? at the moment , yes. the results will not be pleasant reading because, as andys said, the revenue is only now starting to come in. this we all know so please stop bleating repeatedly about it.

this bb is fun to look at, a bit like lunny tunes!

Bos
You missed all the hot weather 42c well thats what it felt like any way. A lot has happened in a week the Hitchen Foods deal more retrofitting being rolled out, as expected, but I think the revelation of the week was the thermoformer retrofit this is excellent news it opens up a huge new market for Greenseal. We did touch on this a while back but I forgot all about it, there is too much going on with SEO to take in; looks like the year ahead will be very interesting

driver - there is prior art on the thermoformer - Japanese - as they have retrofitted already there is more than likely another patent case coming - that will make 2 with the ongoing appeal against the ruling in favour of BPRG.

The retort pouch is interesting though especially as Walmart are using it on their own brands - this seriously reduces the amount of machines it would be "possible" to fit greenseal to should anyone actually want to apart from Asda. It also limits the potential should Asda suppliers ever get past a total of 20.

Hitchens - that reads bad news - they only want one - and conditionally perhaps another three - however they have left the door open to walk away with just the one - why ? Very strange goings on.

All in all a very bad week and in fact a worse week now awaits - will interims be produced on the 29th of will they be held back ? As you know my comments on interims are -

Get ready for interims if they are not delayed as they are so bad and will give the game away !! A nice comment from the US below do not worry US investors got burnt from pump and dump of the tech boom and will not be interested in this pumped up jam perhaps tomorrow Stanelco.


The spot to target on their Balance Sheet is their Shareholder's Interest (or Equity). If they've been selling shares to the public, it's likely they need more cash to avoid that Equity number hitting zero. When that happens, as you are no doubt aware, they're INSOLVENT. And the one thing that continually eats away at Share Capital + Reserves is Bottom Line LOSS. If a company makes profits, Reserves etc.. increase, but the opposite happens when they continually incur losses.
Another thing to remember is the fact that it's generally more expensive getting money from the public. It's cheaper getting a loan from the bank. So why go to the public ? Unfortunately for SEO, bank managers generally "know their onions", so they are not likely to continue to pour money down a black hole. Therefore SEO are possibly targeting "gullible investors". However, the numbers, as always, will give us the picture.

Roll on interims lets see those losses and how bad they are why is SE0 always doing share issues and dilutions and not a bank loan its more than likely that the Banks know whats happening and will not risk their money on such a company as Stanelco all these dilutions are raising money but what has been the cash burn rate ? and do the banks see a good chance SE0 will go down the pan and therefore not give any loan to them forcing them to go to the public all the time for more money ?

If there is no excellent news on Monday for SE0 I am expecting strong selling pressure - not just SE0 but all over the FTSE.

http://money.cnn.com/2005/06/24/markets/sun_lookahead/index.htm


Big week, big worries

The Fed's expected interest rate hike leads the list of key events for investors next week.
June 25, 2005: 8:37 AM EDT
By Alexandra Twin, CNN/Money Staff Writer


NEW YORK (CNN/Money) - Hold on tight, it's going to be a bumpy ride.

Investors still reeling from last week's bruising return Monday to the busiest week on Wall Street this month. No, you can't just slip out back and return after the Fourth of July. And really, why would you want to?

Many of the hot issues that have been bothering investors will be addressed starting Monday. Not resolved, mind you, but at least addressed.

The new week brings reports on inflation, personal income and spending, consumer confidence, manufacturing, and the biggest news of the week -- the Federal Reserve's meeting on interest rates.

Driver Hi, nice summing up, but I have to disagree on one point .... you said "it doesnt leave much left in the shop that needs sealing" .... but there is still loads for Greenseal to seal, including pot fill and seal, bags for chips, seafood, bulk MAP packaging for behind the scenes, etc, plus many other things that Tony Ruane has found, and we haven't, Cheers, PM

Retort packaging will not replace rigid trays/lids or vacuum pack for FRESH MAP (Modified Atmosphere Packaging) or CAP (Controlled Atmosphere Packaging) for meats and salads. It has its own niche markets and ii is trying to scaremonger folk yet again. Many retort packs are by their very construction non-recyclable and with the few that are,in many instances RF sealing could improve the quality and seal integrity of the packs. Yes folks retort is a growing market within packaging, but it will not prevent Greenseal from becoming successful.
Paul is also correct, technical folk in the packaging industry will soon see other areas that could benefit from RF sealing, just don't get carried away and expect it all to happen within 12 months cos it won't but SEO and their technologies (plural) over the next 3-5years have the potential to make a significant step change in the world of packaging. How long can you wait??

bos

Just to clarify a few issues that are getting distorted nobody has said Asda will order 200 machines this was a business wire report similar to the one where HW later had to deny he ever said 27,000 odd machines as in the FYB email reply from him and said it was a misquote from a telephone conversation. Stanelco have never officially said 200 and if you note that the original business wire said 100 and was then replaced saying 200 I would take from that that Asda suppliers will convert 100 RF tray lidding machines and 100 Thermoforming machines making a total of only 200 and thats it !!!!

Second the third trial has no bearing on Asda orders if you read the AGM statement Philip Lovegrove says We announced in March that ASDA Stores Ltd (ASDA) would be the first to adopt GREENSEAL in the UK, anticipating several hundred machines to be adapted to use the technology during the first year at the earlier of the completion of three further trials with ASDA suppliers or the signing of the first commercial order . The first of these trials nears completion at Youngs Bluecrest, a leading ASDA supplier.

If you refer to the later RNS 23rd of May they had their first commercial order with Asda Stanelco announces that following extensive trials it has now entered into a formal commercial agreement for its GREENSEAL(TM) technology with a dedicated
ASDA supplier, endorsed by ASDA themselves. This first commercial agreement will involve the conversion of a Mondini tray-lidding machine at the chosen supplier. Stanelco cannot reveal the name of the supplier for commercially sensitive reasons.

Therefore Lovegroves earlier of statement is concluded as the first order came and no need for the trials to be complete from the 23rd of May the 1 year commercial agreement has been in place resulting in so far 2 orders with Hitchens appearing very concerned placing just 1 order and conditionally 3 more with what looks like an escape route to not order.

The agreement with Asda covers RF sealing and Thermoforming (so the recent Thermoformer news is not new) it was in the original statement by Stanelco on the 24th March RNS and Sealing AND Thermoforming forms part of the anticipated (which means nothing as a forward looking word) several hundred machines Stanelco PLC, the RF (radio frequency) applications group, is pleased to announce that it has signed a binding contract with ASDA for a 12-month exclusive agreement for the application of the Group's GREENSEAL tray lidding and thermoforming RF technology in the UK and Ireland. ASDA anticipate that several hundred machines will be adapted to utilise the technology

The whole ramp on SE0 has come from one very meaningless and forward looking statement in the RNS on the 24th March It is expected that, according to plan, this agreement will generate a revenue stream for Stanelco significantly in excess of 5m in the first year alone. It was expected according to the plan that orders would flow in April - hundreds would be there by June and several hundred in the first year which started from the first commercial order on the 23rd May however as you see all that was said was anticipated according to the plan these mean nothing and are forward looking words and they are not accountable if nothing happens and its not achieved.

There is now 11 more months of that 1 year agreement left and order level is so far 2.

Do not forget in that 24th March RNS that it said quite clearly The agreement follows successful trials at a number of different ASDA suppliers and will mean that the suppliers involved in the programme will, where practical , convert from traditional heat-sealing to Stanelco's revolutionary RF technology.

where practical means there is no binding commitment and if the suppliers can find a reason not to convert they do not convert and save their money and not pass it on to SE0.

IMHO you will see only a maximum 200 Asda supplier orders and that will be a combination of RF tray lidding conversions and Thermoformers however it may be well below that 200 figure and nobody has officially said any sales figures its only what people ramp and wish it to be.

The company as I keep saying are very clever and not committing to anything people are getting sucked into the ramping of this and believe figures which have not in reality ever been committed to.

The SE0 share price presently equates to over 1000 confirmed orders of high margin RF sealing conversions with high margin 5 year licenses. IMVHO it will take SE0 over 5 years to ever achieve this if they ever achieve it. There may also be a severe erosion of those margins in sales as can be seen by the present hiding of contract values or license fee and terms which may mean that 5000 sales are required to support the price at 22.5p.

That the price is 2005 is equivalent to the potential price in 2010 or beyond is quite amazing and shows how well its been ramped and hyped IMO.

BOMBAY (AFX) - The government has decided to put the issue of allowing foreign direct investment (FDI) in the retail sector on the back burner, refusing to submit to pressures from multinational giants, including a direct plea from Walmart CEO John Menzer, Business Standard reported.

It said a section of the government is of the view that a decision to open up the retail sector to FDI should not be taken before the World Trade Organisations Hong Kong ministerial in December this year as it is an important bargaining chip in service sector negotiations.

'There is no proposal to open up the sector in the immediate future,' the paper quoted an official as saying.

'The European Union and US see a huge opportunity in the retail sector in India. We can use this as a bargaining chip at the WTO instead of opening it up beforehand,' the official said.

Top global retail chains like Walmart, Carrefour and Tesco have been urging the government to allow FDI in retailing

Baza

How do you spot pro bashers/rampers/de rampers ? by the amount of info they churn out day after day and have you noticed what times they post, no one person can churn out that amount of info at those times unless they are awake 24/7.

I think we should have listened to the BPRG rampers instead of this thread.