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

sha-mona(aka belend from advfn) you got no chance .... basher .... I guess that means you really are banned forever from ADVFN, as someone on Fillyaboots announced last week ....

About time they got your sorry a*** of the SEO BB ....

Well my original guess (yes twas only a guess) was that we might get an RNS next Tuesday - but I am wondering whether we might get someting tomorrow - just a hunch - nothing to substantiate it - and I know how much we all hate this sort of thing - but it has been a very boring day.
Baza

ZZZZZZZZ zzzzzzz

From my squelch page ....

Users you currently have squelched
Haystack
Dil
Scripophilist
Sequestor
insiderinside
shamona

I had belend filtered on ADV-FN, and I ain't putting up with his personal attacks, or SEO bashing, on here either ....

After all the ramping about tomorrow elsewhere - if its bad news - nothing special news - or no news - this is going to drop away very quickly as everyone gets out fast.

II, why do you think it will "drop away very quickly......"?

Stanelco PLC
26 July 2005


26th July 2005

Stanelco plc ('Stanelco' or 'the Company')

Biotec Joint Venture wins 20m annual order from SP Metal S.A. ('SP Metal')


Stanelco, the RF (radio frequency) applications group is pleased to announce
that it has received a conditional commitment from SP Metal its Joint Venture ('
JV') partner in Biotec for an annual purchase of approximately 10,000 metric
tonnes of Biotec's biodegradable pellet worth in excess of 20m per year.

As a result, Stanelco and SP Metal have agreed to increase Biotec's production
capacity of biodegradable pellets to 12,000 metric tonnes by an investment
programme in new processing equipment valued at 4.5m. Full production is
anticipated within six months.

The purchase of Biotec Holdings and the JV with SP Metal is subject to
shareholder approval.

Ian Balchin, CEO of Stanelco plc commented:

'We are delighted to receive this commitment from SP Metal which demonstrates
that the market for starch based polymers is set for significant growth. We look
forward to the prospect of completing the acquisition and JV agreement in the
next few weeks.'

A fuller announcement will follow when specific details of the order are
finalised.

Ends

morning all. good announcement . could someone explain it to me ,please.

Morning all - Looks like me waters were right again! 3 out of 3 - better stop whilst I am ahead.

Baza

Amazing Baza, really you should set up your own tip sheet.

No idea how to interpret the effect of the announcement Bos, other than thank god its posiitve, the market should like it, another stepping stone with moderate effect i would guess.

Well I think it is good news - anything that brings in revenue - I guess someone will be able to do the calculation as to how manygreenseal machines this is the equivalent of.

However - I guess because it is NOT the big order that everyone is anticipating - it will probably have little effect on the market. Only my guess - .

I suspect once an order is placed , then the snowball effect will start to happen as people start to realise exactly what has been acheived - but I think we are going to have to wait awhile until that order is published. I for one do not necessarily expect it to be WalMart - but another US retailer.

Baza

Good morning all

Another good news morning which I think will help to consolidate the sp.

Basa Great bit of predicting you are getting to good at this

Regards

PT

Hi All,

I don't know what the gross margin is on TPS, but I do know that Biotec uses 140,000 tons of plastic a year, so they could increase their usage by over 11x todays figure, over the next few years, so work that one out :)

Also TPS becomes more profitable, the bigger the quantity you manufacture.

I say it shows that Stanelco were right to go JV on Biotec with S.P Metal, as the reduced cost to S.P Metal shows that Biotec CAN undercut the cost of petro-plastics, when also distributed by Stanelco to food packaging companies, so expect deals on that front with ASDA, after trials are completed.

I agree it is not the deal everyone is looking for at this particular time, but it's still a good one, maybe worth 1p to 1.5p on the price from an investing point of view.

Cheers,

PM

mmmmmmm, 12,000 metric tonnes, how many yards is that?

About the equivalent (guess) of ordering 300 greenseal machines !!!
Baza

so even though biotec is jointly owned, sp metal have to pay to get the pellets because this part of the company is owned by seo?

I wonder if they have to pay for the bog roll if they wander into the SEO half.

driver , thats a daft question. of course they do!!

Bet it's a fun place to be when its time to buy the coffee and biscuits for the staff tea room!!!

1/ Biotec is a JV - Biotec turnover does not count towards SEO turnover - only the Profit or Loss it generates goes on to the SE0 books.

2/ 20M Euro was the value of turnover - (not the profit) Biotec is still loss making and SP Metal was buying this before from Biotec.

3/ Profit lets say 10% as its a JV partner ordering from the JV - so profit is 2M Euro per year - adding in to the debt owed by Biotec and its losses - it may now even make Biotec break even in a year (shame Biotec is still in debt though).

4/ Any profit from Biotec is split 50/50 with SP Metal.

5/ SE0 have to half pay for the works needed !


Do you see the reason now that SE0 HAD TO sell half of Biotec to SP Metal - they were had by the balls

Carry on in the downtrend and probably more quickly later this week - all IMO.

This was smoke and mirrors - a nothing announcement designed to confuse - and still no more Greenseal orders or news - its looking dire is it not ?