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

The news was good - not what we expected - but another piece in the jig saw.

SEO is a bit like the swan - maintaining a serene outlook above the surface whilst paddling like hell beneath the surface.

There appears to be an awful lot going on at the moment - and I think our expectations are perhaps a bit optimistic. There is absolutely no doubt in my mind where this share is going - I just cannot fathom the timeframe. I have always said that I would be ecstatic with 30 by Xmas and over the moon with anything more - a view I still hold.

Baza

Baza Hi,

RE the Wal-Mart article, I think you have the right line there, I can only sumise the same, as the article was sent to me by e-mail, I din't know about it before then.

Cheers,
PM

automatic,i've just looked at trades and it looks pretty much even. quite a large 4 million wt trade. was that you , baza?

Hi Bos - yeah - but they only managed to work half the deal !!! - still cheap at twice the price imo

Baza

Baza & Paul

Whilst I sincerely hope that you are both right, I think that it is a little to simplistic to just assume that because Natureworks and WalMart are doing a presentation at the Exhibition in Philly that there will be an announcement about a tie up with SEO.

Can anybody confirm with a degree of certainty that the 4m trade after hours was a buy?

Hope so as that will bolster any flagging moral following a less than exhilirating RNS today in comparison to what we would hope it would be.

Having said that, I do believe that this share is going to move sharply north when that announcement comes.

The oily one

Looks like a second 4m buy after 5pm. That'll keep the price supported tomorrow.

Perhaps "that" big announcement is nearer than we all think!

The oily one

Hi Oily,

You mentioned last week that you would let us know the name of the supermarket trialing Starpol on Wednesday this week after the EGM. Still ok to do so ?

Hi All,

Those WT trades may not be buys, they could just as easily be sells.

It takes all day to fill the WT trade, and they are floating in the middle of the overall prices today ....

Tomorrow will tell ....

Cheers,
PM

Can anyone advise what a WT trade is?

From the Sustainable Packaging Forum, 2005 programme.


Wednesday, Oct. 19
7:00 - 8:00 am Continental Breakfast
8:00 am Driving Sustainable Packaging Through The Supply Chain:
Challenges To Innovation & Market Leadership
Snehal Desai, Global Commercial Director
NatureWorks LLC

Selling Sustainability Internally: Business Case
Retailer Co-presenter Comitted/TBA by NatureWorks
Key Learning Points:

What 'sustainablity' and 'sustainable packaging' means to the world's largest producer of annually renewable plant-based polymer resources
Supply and demand dynamics for sustainable packaging innovations
The challenges of sustainable market leadership
Best practice solutions and future approaches to sustainable packaging R&D, technologies, and applications across the supply chain
Key observations and insights on sustainable packaging from a retailer's perspective

The Future For Sustainable Packaging Development,


visit www.pakstrat.com, click on Conferences and then Sustainable Packaging Forum 2005

2006, I expect this company to become a blockbuster.
A good one for Buffet to hold and hold and see it grow and grow?

stateside

I sold the last of mine today, hope to buy back in if the price drifts on no news, will try anyway to get back in bye Oct 17th.

Sellsell

I think that you should change your name to buybuy!

Will hopefully touch base with my students and let you know if the news is positive, which I fully expect it to be.

The oily one

thanks Oily , i have bought loads since 6p and just waiting patiently for the big payoff !

thanks for your input

sharesure said he would be writing up his thoughts on todays egm later this evening. i can't wait......

or even "holdhold" might reflect actuality more acurately!?

I thought today's announcement and the EGM news was spot on. You get to the top of the mountain not so much by what you do as by the fact that no one stops you. When was the last piece of "stopping" news froom SEO? They move onwards and upwards - remember they are not trading the share, they are adding value to the business which is what I have invested in.

aldwick, I'm interested to see if you called it right - possibly, but I'm backing the incipient break through the 22p resistance, having just about conquered and sustained the 50dma today.

btw - I read both those 4m trades as buys going through at > 21.125 which was mid price at close of business today - what else supported the SP consistently above 21p in the face of all those other sells, do you think?

sd

the news was unexpected ( by me at least due to the real slalwarts attending the egm.......I MEAN.....what a kick in the goolies to release an RNS when peeps are on the train scoffing their marmite sarnies ). i took this opp to exit with a rather nice profit. if i cant buy back cheaper so be it......but BUY BACK i will when the conditions are right.

ok Bos, I think I have a good idea where the BBQ sauce should go!! Unforutnately the RNS wasn't a short term ripper, but I remain confident that all the building blocks are being assembled.

pth

My take on todays meeting:
Present: Ch. Philip Lovegrove, MD Ian Balchin, FD Robert Boardman, Co. Sec.Robert Duggan. The rest out there somewhere getting in the business.

Biotec resolution and other resolutions passed easily. Confirmed that SP Metal take half the debt of Biotec and that SEO retain a golden share, so control events.

RF sealing: 5 orders for retrofits; each new machine providing a reference site for future orders. ASDA committed to helping SEO secure 200+ conversions within the exclusivity period which ends on 27/8/06. SEO really pleased at the potential for the Mondini deal because they will be manufacturing an RF machine and selling into an annual marketplace of 6000-7000 new machines. With a winning technology I would have thought it reasonable to reckon they might get at least another 200 machines (approx. 3% of that new market). SEO confirmed that those new machines would all attract licence fees in the same way as retrofits. Others may think I am being too conservative; certainly SEO werent going to be drawn on that, perhaps because they genuinely do not know either.

SEO get paid 1/4ly in advance on retrofits so cashflow position for that work, as and when it speeds up, is good.

SEO confirmed that the company has sufficient cash for the next 18months without any further orders coming in. (Very unlikely to be tested on that front, I think )

Walmart: slow progress. Walmart have HR considerations to surmount in order to do what they want to do, ie move away from in-house butchery (!). SEO talking to many other supermarkets in the States, so pressure should build on Walmart to decide their position or risk losing out.

Bioprogress court case: not now taking mgt. time but still an irritation. I got the impression that it really is an unwelcome, but fairly insignificant, sideshow.

Where now??? My impression was one of a mgt. team really pulling out all the stops to capitalise fast on their technologies; possibly slightly disappointed at how long it is taking to get the message across to Asda suppliers, but very much expecting a snowball effect as and when other retrofits take place. The big unknown, but possibly easier money, may be made on the Mondini deal where they will be doing most of the work.

I hope that gives a fair account of the extras I got from attending the meeting but Baza can fill in the gaps or add to this as he was working the tea & biscuits time separately

Aldwickk, I think you sell is going to cost you.

The RNS was not a ripper because people do not understand the significance of this. Cargill have agreed to supply SEO a main component of Starpol at tonnage and price to allow a competitive advantage for Starpol versus conventional plastic packaging. Biodegradable has so far failed to take off due to non-competitve pricing and inertia amongst most retailers to grasp the nettle and change concepts where it is possible and appropriate to do so. Once a market has been created and established this will benefit, Cargill, SEO and the retailers who adopt it. We've all seen the oil price and felt the affects in our wallets and it won't get any easier, get used to $60 a barrel folks. With environmental issues getting stronger and stronger Starpol could make SEO the next Tetrapak. Tetrapak is well known because they added something different, Greenseal is good and will be a good earner but Starpol has real ability to change many aspects of packaging.

What will happen to the sp? Depends what peoples expectations were and on their position re:investment. Todays RNS saw many PI's take their profit due to 5 machines so far, what did they expect 200 already? Greenseal total 05/06 is worth the sp alone so IMO SEO is still relatively cheap although it could drift depending on the market reaction. No surprise to me to see large 4m BUYS at the end of the day, mopping up lots of sells at just above 21p. The people with deep pockets recognise this is a sound INVESTMENT for the years ahead.

All of the above is just my opinion and although the RNS didn't create the fireworks that Greenseal articles and potential profits did back in February, I honestly believe that Starpol will be what earns SEO its future in packaging.