bosley
- 20 Feb 2004 09:34
bhunt1910
- 16 Sep 2005 14:27
- 9470 of 27111
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
shamona
- 16 Sep 2005 14:46
- 9471 of 27111
Perhaps rf was too costly and cost Ferndale the whole contract!
shamona
- 16 Sep 2005 14:47
- 9472 of 27111
Perhaps one day masterson will go the whole day without ramping!
Then again, maybe not:-(
Dormar
- 16 Sep 2005 14:50
- 9473 of 27111
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!!!.
shamona
- 16 Sep 2005 14:55
- 9474 of 27111
Dormar
Says Stanelco, show me some independant research?????????
KingKonggb
- 16 Sep 2005 14:56
- 9475 of 27111
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
Sharesure
- 16 Sep 2005 15:04
- 9476 of 27111
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.
lindos
- 16 Sep 2005 15:05
- 9477 of 27111
Bhunt
Hi, can you explain what o SEX regs are please
thanks.
Oilywag
- 16 Sep 2005 15:12
- 9478 of 27111
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
bhunt1910
- 16 Sep 2005 15:36
- 9479 of 27111
SEX regs - yes I did mean Stock Exchange Regs - only passing on what I was told by SEO
Baza
Oilywag
- 16 Sep 2005 15:39
- 9480 of 27111
Baza
Oh no, not another one, believing everything that SEO tells you. You're worse than PM1!
LOLling about
The oily one
elrico
- 16 Sep 2005 15:41
- 9481 of 27111
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.
paulmasterson1
- 16 Sep 2005 15:54
- 9482 of 27111
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
Dormar
- 16 Sep 2005 15:58
- 9483 of 27111
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
bhunt1910
- 16 Sep 2005 16:04
- 9484 of 27111
Oily - sorry - I am but a novice at these things so I tend to beleive most of what some people say if I think they are credible.
In my book - SEO's management team are a credible bunch trying their darndest to make a world beating company, shamoaner is not
If thats a bit black & white - put it down to my lack of experience in these matters.
baza
paulmasterson1
- 16 Sep 2005 16:08
- 9485 of 27111
Elrico Hi,
Here here !!!!
sham owner is just belend the bitter bprg lemon from advfn, been bashing SEO for years, and when I say years I mean years, right back to the start of the patent dispute he has posted all day, and quite often all night, bashing SEO, and does not have a life outside it !
sham (shm)
n.
1. Something false or empty that is purported to be genuine; a spurious imitation.
2. The quality of deceitfulness; empty pretense.
3. One who assumes a false character; an impostor:
Still ROTFLMAO at the sham losing out on 4.1p to 19p
Still proving the idiot wrong with every release of a Stanelco RNS
And still squelching the basher so I don't have to read the drivel any more
Cheers,
PM
Oilywag
- 16 Sep 2005 16:10
- 9486 of 27111
Baza
My post was made in jest. Hope no offence was taken.
The oily one
paulmasterson1
- 16 Sep 2005 16:11
- 9487 of 27111
Baza Hi,
Quality :))))
Cheers,
PM
bosley
- 16 Sep 2005 16:20
- 9488 of 27111
the speculation concerning northern and some of the numbers is getting ridiculous. if anyone actually believes asda give a shit about seo is deluded. asda are concerned with asda only. rf can make savings.tests have been done and these savings have been worked out. evo's note said that asda will be telling their suppliers that they want these savings reflected in the price. how the suppliers make the savings is up to the suppliers. they are under no obligation to switch to greenseal or starpol, however good and fantastic it appears to us. remember that asda only want to make profit for asda. until there is an rns telling us about more orders, the number of conversions is 5 and we are now in month 2 of the one year exclusivity deal.
bhunt1910
- 16 Sep 2005 16:27
- 9489 of 27111
Oily - I thought it was - but was not quite sure - no offence taken
Baza