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

Hi All,

Did anyone notice that the Packaging Innovation Show exhibitors list includes Cardinal Health ??

Much chatting about capsules with Stanelco, when the rep's meet up after the days work :)

http://www.packaginginnovationshow.com/ exhibitors list

SD Hi,

I irony my trousers, shirt and tie every day .... LOL !

Cheers,
PM

Shamona - Have you tried to contact SEO? - No I thought not

If you had - you would know that you will get put through to Ian Balchin or Howard more often than not.

They do seem quite happy to discuss things (that are discussable) with their shareholders and investors - as well as the press.

Interstingly - when I asked about Northern Foods - SEO were unable to discuss because o SEX regs - read into that what you might!

Baza

I think it's inconceivable that Northern Foods won't sign up to Greenseal in the next week or so. In my opinion, Northern Foods simply wouldn't have been awarded the contract without committing to Greenseal.

Perhaps Ferndale Foods were at a disadvantage because they didn't have ASDA dedicated lines which could be easily converted.

Dormar Hi,

Good thinking on the dedicated lines :)

No way would Tony Ruane accept signing a new deal, unless it included Greenseal (and probably Starpol too).

Northern are a huge company, they are the biggest ready meal supplier with over 80,000,000 per annum (before this contract that is !) so they are quite likely to have enough machines to give ASDA exclusive machines for this contract.

Announcement on Monday ? the day the contract goes live ?

Cheers,
PM

I suspect that Ferndale may have lost this particular contract - but they may still be in the running for others?

Baza

Paul - one of the things that Ian Balchin said when I asked him about the problem of using the same production lines for different retailers was that several (I think he said several) of ASDA'a suppliers would have dedicated product lines - indeed dedicated depots to supply ASDA.

Perhaps Northern Foods were able to committ to dedicated depots converting over to SEO products but Ferndale weren't (I dont know how big Ferndale are ?)

Baza

Perhaps rf was too costly and cost Ferndale the whole contract!

Perhaps one day masterson will go the whole day without ramping!






Then again, maybe not:-(

PM, Hi

Yes, I would be surprised if it didn't include Starpol.

I'm not sure how many ready meals, and therefore machines, a 30m contract implies, but if it's say 10 machines, the royalty to Stanelco would be 250k. Which as a percentage of 30m is naff all.
Northern Foods would be saving somewhere near 1m annualy, by adopting Greenseal.

So I can't imagine that ASDA had to do too much arm twisting!!!.

Dormar

Says Stanelco, show me some independant research?????????

Dormar,

Good point about the percentage. If that is the case, do you think SEO will have to issue an RNS about a tie up with Northern Foods? Let's face it, we only found out that five machines have already been converted when we initially thought that it was only 2/3.

I can't see SEO issuing an RNS on how many machines get converted each time as all we know that the original exclusive 12 month contract with ASDA mentioned several hundred. Maybe once all have been converted then we might get some substantive feedback.

IMHO

Kong

I tried to find out from SEO when the Mondini RF machine would be ready. No launch date has as yet been fixed/publicised. The impression is that the machine is virtually ready but needs testing. I still think that the availability of that machine will put a rocket under the number of RF machines being used around the world.

Bhunt
Hi, can you explain what o SEX regs are please
thanks.

lindos

Ask your partner. Probably means, not to night darling, I've got a head ache. To which there is a classic response which I cannot post on here.

If anyone tells you it is anything to do with Stock Exchange Regulations, they're lying.

The oily one

SEX regs - yes I did mean Stock Exchange Regs - only passing on what I was told by SEO

Baza

Baza

Oh no, not another one, believing everything that SEO tells you. You're worse than PM1!

LOLling about

The oily one

shamona,


"Retired engineer" sure you have the right man mate:-) He certainly did not start the website either.

BPRG inaugural coverage at 55p, its high was 165p within a year and before the bears got their claws in to it. Now the company has got shot of a over optimistic CEO.

SEO inaugural, 7.75p, high 31p

The site you are trying to discredit, has amassed gains of more than 1300%, (ASOS AT PEAK)

Ashtead @ 20p, now 139p

Airpartner @ 242p now 622p

Axis @ 155p now 630p

Dragon oil @ 45p now 172p

JKX @22p, now 220p

London clubs @55p now 124p

Petrel resources @36p now 72p

NETeller @ 197, now 855p

The list goes on. And there are many more companies that are well off their highs since inauguration. Given you are not a subscriber, I would suggest you are now qualified to state who is.

What makes the financial press qualified? Or the tipsheet editors/analysts? Have they all sat FSA exams? NO!!

TW has a young editor of just 22 year of age for his new site. He may be FSA regulated by association, but he has no formal qualifications, yet he tip shares.

Dormar hi,

Looking at the percentages, I think that ready meal prices are roughly between 1.20 and 2.80, so if we say the average is 2, ASDA will be making a very good profit, so lets say ASDA pay an average of 80p per meal, 30,000,000 divided by .80 equals 37,500,000 meals .... no wonder Northern wanted the contract, and no wonder Ferndale would be bitter if they knew Northern were the third Grenseal trialler, and were after their contract !!!!

Starpol saves 1p per tray, a saving of 375,000, to add to the 1,000,000 Greenseal saving, and it just makes so much sense, that the deal would include them both.

Cheers,
PM

KingKonggb

Good question. I think they will issue an RNS re Northern Foods, but whether or not they have to is another question. Some think that because ASDA have already
committed to the conversion of several hundred machines, announcing each machine conversion contract thereafter, is unecessary.

I'm not so sure about that. I think they probably will have to announce each conversion contract, because it's the conversion contracts that count, not ASDA's
committment to convert several hundred machines, which they may or may not deliver.

I would love to know what the ASDA agreement actually says. We know there is this committment for the conversion of several hundred machines, but surely this can't amount to more than a promise to use their best endevours to pursuade their ready meal ( ect ) suppliers to convert? Surely they can't make them?

But what encourages me now, is that we may well be seeing just what sort of 'best endevours' ASDA are prepared to use, if you know what I mean!!
After all, Ferndale were a Greenseal triallist, and they appear to have been unceremonially dumped in favour of Northern Foods, who were prepared ( or more likely able ) to move more quickly on Greenseal.

Cheers

Dormar