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

Bos Hi,

No getting over emultional now :))))

Cheers,
PM

Driver

Couldn't agree more. Charts reflect, they don't predict. If Walmart sign tomorrow where are the charts?!

It's all bollocks.

More to the point. Anyone tell me what's going on today? Strange chart for a Monday!

driver I look upon chart theory as self-fulfilling prophecy. If history says that a third bounce off a support level will take it through the resistance level, history will repeat itself because (a) the buyers will come in when the support level is reached just because the support level is reached; (b) the sellers will not return when the resistance level is tested because they expect it to be breached. Thus its worth taking notice of. Having said that, the break through the resistance level will inevitably occur, in my view, when there is a significant business development. The chartist will say, 'I told you so' and will then look ahead to see what happens when the next resistance level at 28p is tested and some will take profits and try to short the share. We know better - that resistance level will be broken depending on the strength of the news!

Thanks to those who commented on my summary of the Evolution update. It has got it wrong, referring to Cargill as a customer for Starpol 2000. The helpful statistic is that the supply of 15000 tonnes of Starpol in the next year will be at indicated prices of $5 to $8 suggesting first year sales of $75m. Natureworks are clearly both a supplier and a competitor; you wonder whether they could become a customer. Accepting that the end-user products of Stanelco and Natureworks are essentially compementary, the latter's link with Wal-Mart must be a significant plus in SEO's negotiations with them.

Looking again at last week's RNS, the following statement is clearly important: "the material is also easily sealable with our Greenseal technology project, which continues to progress well, and which will enable us to offer a complete biodegradable, environmentally responsible packaging solution at a competitive cost.'

Eric

Eric, have you contacted the responsible Evolution analyst and informed him?

Niels. good suggestion. I have just sent an e-mail for the attention of Tim Freeborn, suggesting that he updates the update!

I must say that I like the network approach that Stanelco are adopting; most of us like our backs being scratched (except for dogs like sd who like their tummies scratched!).

Eric

I'm sure Freeborn will agree he was wrong. He may also be partially right if rumours about an initial Starpol 2000 order from NW to SEO are true. Looks as if SEO buys raw material from NW, works it into Starpol and sells it back (eventually to end up in WM).

Niels: that seems to make sense in that Starpol would be good for NM's product range which includes trays etc. The key end-user market for SEO must be in the Greenseal turnkey context. Could be really sizeable business (Cargill are massive)and help to draw Wal-Mart into the act. One doubts that NW would be interested in fostering competition unless they are a beneficiary. It also makes more sense of the emphasis that SEO have given to the contract; you would hardly make much of a supply contract normally, would you? keep us posted about 'rumour development'!

Eric

Eric

Everyone keeps going on about Wal Mart but the fact remains that only 3 machines have been converted via Asda, hardly a resounding success!

What happened to Reiser(over a year ago), or Grampian? Seems they trialed rf but didn't need it, perhaps it's because the patents may belong to Bioprogress that is holding up more signatures on contracts,

I hesitate to respond to shamona's post because it is so transparent that he is a BPRG afficionado (like ii) - the points have been made before and effectively answered. The direction of the product launch was changed to go directly via the supermarkets. The ASDA trials have been successful: anyone experienced in business knows that the build-up of volume takes time; we have the commitment from ASDA to an annual volume and it is in their interests to make it happen through pricing action with their suppliers. The BPRG licencing issue did not relate to Greenseal. Enough said. Move on, shamona!

Eric

Does not Grampian supply Asda, and does the exclusive deal not mean that Grampian can only use the technology for stuff they supply to Asda? Read this

ewrobson

Judge Flyod stated in the SEO, BPRG court case summing up that a capsule could be classed as any type of small container, would Stanelco ever have thought of sealing a tray film if Bioprogress had not introduced them to this type of material?

Remember Bioprogress have already won the court case, all that is being appealed is a point of law. If as expected Stanelco lose all patents for the rf sealing of capsules I do indeed thinkgreenseal will be among the victims, add in damages and one begins to wonder why this company is valued at near on 200 million pounds.

NJ That Hardman report has missed one of the best low hanging fruits for SEO; the Mondini deal, whereby they manufacture a new RF tray lidding machine to tackle an annual market of some 6000-7000 machines has to be the one bit of the RF part of the business which will probably bring in revenues to more than match what 200-300 Asda suppliers will bring, and all for far less effort on the part of SEO's team. Does anyone know when that Mondini RF machine will be ready? It cannot have been too difficult to modify an existing product range and the deal was struck a few months ago.

eric, before you respond, don't waste your time. it's drivel and we all know it's drivel. the phrase "clutching at straws" springs to mind!!!

Looks like SEO are on borrowed time to me , or should I say "Borrwed Patents" from BPRG.
I suppose worst case scenario is that when damages are awarded to BPRG , it will go tits up .
Justice for the victims of theft .

Agree, bos. Ignore him with the ignorance he demonstrates!

oh dear. is advfn down or are schools not back 'til tomorrow?

bosly & ew

Bury your head in the sand if you wish but even you two must admit that come January their is a very good chance this company may be forced into bankruptcy.

Big difference between raising cash for acquisitions and raising for damages, who in their right mind would lend a loss making company 20 million pounds to bail it out?

Got it in one!!

Its a funny old world....takes all sorts really!!

Yep!....Gotta agree with that .

You can`t raise money for damages , and we know damages WILL be awarded .

..........So , where`s the cash comming from ?