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http://www.stanelco.co.uk/index.htm

Interims not as bad as i expected. There will always be start-up costs with any new products.Nice to see 'several hundred'machines mentioned. As the year goes on i am sure we will get a snowball effect from suppliers,then the profits will start to come in. This can only be good news for shareholders. Those of us in for the long term should see a big increase in the sp by next year,even more in the years to come.

bos - serious Q-why is the co. so secretive about the true amount of m/c`s around, I mean Ford motor co. would be boasting of increased sales, why do we all have to guess, read between the lines and generally be subjected to the old " mushroom management"?

cheers

Credentials from the start. I am a SEO holder and bullish about the stock.

Talk of snowballs and big increases in the sp bother me though. Firstly because it gives some members something to fire back at but more importantly, IMO, any business can only grow exponentially if it is fed hard cash. This comes from either profits or investors. I have no doubt at all that the idea is sound and that it will become an industry benchmark for food packaging (not as convinced by frogpack), but R&D and then marketing are expensive little bunnies, and that is why we are seeing a loss at the moment.
The trick now is to make Greenseal wash its own face, and more important than an RNS stating X number of machines sold to ASDA suppliers is one stating that the Greenseal project is one stating that it is profitable. This may be sometime coming, but I am in for the long haul, and so I am a little more cautious than some posters. My only real concern therefore is that profits from Greenseal (When they come, not if) are eaten up by R&D or marketing on a non starter.
There, cautious bit out of the way.
LETS MAKE SOME SERIOUS MONEY, SEO.
Alan

I don't think they are being secretive Seq, they're just taking a very level headed and measured approach. Rather leave some element of guess work then make any suggestive statements that are not 100% likely to come true.

hmmmm, maybe , I prefer upfront cos., if the board are share-holders, they would be happy to release info.to the public for obvious reasons, the guess work becomes silly when prats like PMT can come out with outlandish figures- and then pump and dump I note-to be followed by ii saying ` er no only one m/c.
Clarity is always helpful.

ROTFLMBOA ii

seq, i think what has become very clear from these interims is, that seo have made the leap from what they were , into what they are now; an ip company trying to sell their new technology . i think the company are as hopeful as we are as to how greenseal will sell, but , like the rest of us , they have to wait and see how many packers bite and for how many machines. at the moment it's a bit of a waiting game, and i have been waiting for two years now, so i don't mind waiting a bit longer. hopefully the biotec deal will go smoothly. the starch trays part of seo was my original reason for investing so i'm looking forward to seeing what happens next. greenseal , frogpack , ingel and the rest are just nice bonuses for me.

Anyone have level 2? Proptrade? Buys far outweighing sales at the moment. Would be a cheeky end to the day if we ended up.

Are we getting some MM games now?

Not much to read into L2 at the moment Chiva 5v6

pth

Thanks pt

hewittalan has come closest to what's important in these results IMHO - cashflow.

They spent roughly 600k on operating loss (net of depreciation, amortisation etc) and about 900k on research and development and fixed assets - cash used 1.5m. They have 3m cash on the B/S - so a years' worth at current rate.

ASDA roll out has on many occasions been linked with 5m turnover over next 12 months, let's say conservatively 1.75m the next 6 months and 3.25m 1st 6 months of 2006. So on curernt cash usage, they are cash break even the 2nd 6 months of this year and next year start to put serious cash back onto the B/S from trading not more share placing.

IMHO one of the great strengths of the management is the carefully integrated pace of their development with thorough market testing and steady roll out. The resulkt is actually a faster bringing to market than many more rapid approaches and, overridingly important an ability to stay solvent whilst it happens.

Meanwhile 1,618k buys to 674k sells tells us what the market thinks. What reason on earth can you think of to sell?

sd

Stockdog

You need to also include some revenue for the US rollout.

L2 well bid at 22.25 and equally well offered at 23. nought 'appening!

Tech - just taking a very basic view of established figures. US start up and operating costs may exceed initial US revenues over next 6 months, so prefer not to include any value there just yet.

If you:-

1) Have a fantastic range of products - tick
2) Have a means of bringing them to market - tick
3) Are not losing money - tick

then the chances are you have a solid business capable of growth only limited by the size of the market - in this case every food shop in every country in the world.

How long it takes on a week by week view is not very material.

Where will we be in 12 months' time? Firing on all products in UK and US, cash flowing in, Europe and Asia beckoning and we won't even have touched the sides of the potential market. I can wait till then.

Then I saw her face dah-dee dah-dee
Now I'm a believer
I couldn't leave her
If I tried!

sd

Right just a quick single post as busy decorating today - from what I see - and yes its my opinion thats all - you have seen staged buying on release of poor results - this is friends of friends buying in to give the impression that its good and no need to panic - I have seen it many times before and what follows is more gradual erosion of the SP - however to limit the effect there is staged buying at first to try to calm the market and PIs on the release of not good news. It is my perception that they are not expecting any large orders in the immediate short term and needed the staged buying to support now and let it erode slowely as time passes and no large orders come through.

Time will tell on this one - and as the above is my opinion which I stick by I will post less now as IMO the lack of large orders in itself in the coming period will say it all and requires no input from me.

which basically means.... "i wuz wrong!!"

LOL LOL LOL

II you have just made such a childish amateurish statement!!!!!!!!!!!

"friends of friends buying in to give the impression that its good and no need to panic"

are these the "they" people refers to. friends of friends! LOL

anyway, it is an 8 market maker stock and i think that these guys are a little smarter than that. you know they collaborate and said - oh, a few "friends" buying, lets back off, must be a big order there. oh no, lets not push these lower. LOL, LOL!!!!!!!

anyway, simple truth is that this MM driven stock may drift lower until real news comes out again. please stay off the "staged buying" comments, you really are just making yourself seem foolish and in danger of becoming a laughing stock.

LOL

rgds
PT

PT - ? "....in danger of .." - too late - already is

Baza

proptrade. I thought he already was a laughing stock.

ok, I apologise. ii IS a laughing stock....