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

ROTFLMFACH&BO

you couldn`t dream up such a cretin, yesterdays news, 2003 news- what a patronising old tart this old pro. is.

Asda reorganises as supermarket war heats up

13/07/2005 - There's more movement in the UK's supermarket battle for supremacy, as Asda announced yesterday it is cutting 200 management jobs and adding about 1,200 store positions as part of a reorganisation.

The shakeup, coupled with the strategies of Asda's competitors, makes the UK market unclear for grocery suppliers, who must cope with the buying power of the four dominant groups. Tesco, the market leader, is being aggressively pursued by Asda, Sainsburys and the Safeway/Morrison groups hold an 80 per cent share of the UK market.


Somerfield, the fifth largest chain, is currently considering offers in the 1bn range from a consortium of investment firms and from London & Regional, a property group. The Guardian news paper today speculated that Asda may join the consortium after the Baugur Group, a retailer in Iceland, was forced to drop out this week due to legal issues.

The supermarket chain Asda could be interested in replacing Baugur in the consortium, the Guardian reported, claiming that the chain had attempted to join the bid several months ago but was rebuffed.

Asda spokesperson Nick Agarwal told FoodProductionDaily.com that the Guardian story was "just speculation".

In Asda's latest announcement president and chief executive officer Andy Bond said the 200 management jobs will be phased out over "the coming days" at the company's Leeds and Lutterworth centers in northern England as roles are merged. The management structure at its 265 stores will be simplified, he said.

The strategy is designed to improve Asda's underlying performance in the market over the next 12 to 18 months. Bond said the company will also "bring back proven talent" and restructure its headquarters to "simplify the business". Each store in the chain will also recruit about eight staff for frontline customer service roles. The plan will create 1,200 jobs.

As part of the restructuring, Angela Spindler has been given a newly created role as customer and strategy director. She will maintain responsibility for marketing, format development and business strategy.

In May Asda said that its quarterly operating profits had been below expectations after a "challenging" period limited sales growth to the low single digits.

In 2005 Asda plans to open at least new stores throughout the UK, creating another 5,000 new jobs and adding one million sq ft net of new sales space. As reported earlier in FoodProductionDaily.com, ASDA is in the process of purchasing 12 Safeway stores in Northern Ireland.

In addition to its food stores, Asda has diversified into other merchandise business as part of its strategy. The chain was purchased by Wal-Mart Stores six years ago and is the US retail giant's main foothold to the European market.

The UK grocery market was worth 119.8bn in 2004, a growth of 4.2 per cent over the previous year according to IGD Research. The research firm forecasts that the market value will rise to 133.5bn by the end of 2009, with much of the growth attributable to inflation.

IGD predicts that development of the UK grocery retail market will continue to be restricted by a combination of slow population growth, price competition and growth in the foodservice sector as an alternative channel.

http://www.foodproductiondaily.com/news/news-ng.asp?id=61268-asda-reorganises-as

hahahahahahahahahahahahahahahahahahahah!!!!!!!!!!!!!!!!

http://www.packaginginnovationshow.com/page.cfm/action=Exhib /ExhibID=00055

KBC Peel Hunt issued a new research note on 6/7/05, anyone seen it ?

http://www.peelhunt.com/home.asp

Cheers,

PM

 

Another shareholder, from USA !

Portfolio Holdings of Dreyfus Founders Passport Fund

as of May 31, 2005

$283,482

0581419

600,000

Stanelco PLC

http://www.founders.com/library/funds/pdfs/fullHoldingsRepor ts/20050531-holdings-Passport.pdf

 

Cheers,

PM

boo- masterb%%$r!!!!!!!!

Seq
Pay attention to Paul !!!!!!

I think from memory St.Paul was crucified upside dowm , maybe history- purely polemically of course will be repeated, soon, make it soon.

Crikey! You are all mad. Can we get some meaningfullllll dialok ere' pluese?

Niels,, i knew you couldn't spell

From fillyourboots board, internal presentation of cradlewrap, frogpack,
soluable tape and labels by Aquasol a SEO PLC Group Co. to take place tomorrow.
cyril

Nice one cyril..

Two little dicky birds sitting on a wall
One named Peter the other named Paul
Fly away Peter fly away Paul
Come back Peter , F**k off Paul

Morning SD - dont mince your words - why not say what you really mean!!

Personally I find some of the research by Paul helpful - just wish he would not try and take over the site. Edited highlights would be fine.

Morning Bos, morning all - a hot and sticky night down south - temperatures already 23C - another fine day in prospect - I wonder what surprises SEO has in store for us?

Baza

morning baza. yes ,very hot and sticky last night. feeling like it's going to be a bit muggy today. i agree with you , baza, some of pm1's research is helpful. but only some. he is very similar in style to ii.
cyril, this presentation? who is it to?

also, can someone explain that line on the graph? it looks like the price dropped to zero..........

there goes the opening shot then, a sell, mark my words 20p is coming this week, get your shorts on now lads.and if that master$^%& comes back I give it 10p,
incipient bad news brings the crap to the top

Not sure I agree with you today seq - I think a small recovery on its way today -,least ways - I hope so.

Baza

hope springs etc. baza, I have a nasty feeling about the markets generally in the next few days, this terrorist thing is working itself up to a frenzy- those barstewards have scented blood and they love it, next move Paris? or back to the US,? they have the headlines now and want to stay there.