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Tanfield Group - any info out there? (TAN)     

mr mike - 21 Jan 2004 13:49

Tanfield Group is the new company name of Comeleon. As I understand it, Comoleon was getting into trouble so TAN (paerent company?) took over. Since this has happened the share price has dropped by 0.25p each day for the last week or so (on average) and are now around the 3p mark with very little activity.

Does anyone know much about this company or previously held stock in Comeleon? There is virtually no info out there other than on the company website.

cheers

Mike

driver - 28 Aug 2008 13:02 - 1015 of 1076

Some one is buying a lot of 1000's

pumben - 03 Sep 2008 07:33 - 1016 of 1076

Any views on since last week the buys have out stripped the sells every day but the SP has been dropping most of the week, is it MM playing games or a big seller waiting for their order to fill or something else ?

skyhigh - 03 Sep 2008 09:43 - 1017 of 1076

Who Knows! but I'm holding on all the same... sp could go belly up with bad results etc... or it could suddenly go up..

pumben - 11 Sep 2008 07:30 - 1018 of 1076

Same old pattern regarding the sell & buys, yesterday 11m > 1.5m and yet the SP drops, I know the results are due on the 25th and investors are probably waiting to see the current situation but you would have thought that yesters B v S would have led to an increase in the SP, any thoughts ??

Falcothou - 11 Sep 2008 08:33 - 1019 of 1076

Buys and sells are not always as they seem. Thanks for the reminder about up coming results. I quite like the strategy of buying pre results and selling just before them on the basis that no one knows what they may be unless of course leaked, so shorts close and prospectors buy. Nice to know there is limited downside as well. Directors bought at around this level, so will take a small punt

Fred1new - 11 Sep 2008 10:18 - 1020 of 1076

PUM and FAl. I have been looking at the B/S over the last five days and although I recognise these figures are only estimates wondered why the SP is dropping. I am wondering if there has been a large undisclosed sell and the MMs are slowly dumping them. Don't know.

hangon - 11 Sep 2008 17:03 - 1021 of 1076

IN generall the MM's attempt to keep an empty or balanced book, so if there is a big seller they have to find Buyers for then, hence the price drops....
But as this is on-going it may be folk attempting to shake the tree, to find weak-holders who will drop out and their shares can be bought cheaply -
I suspect there are many in the City that bought at 1.60 a year ago (Placing), and would like to buy them at today's price, to average down.

I suspect there is a business here, but worry that the Execs are not up to the task in "difficult" times. If the Resultsa re to believed, maybe it will be a long haul. . . . .what else do we expect, I wonder. This level of incompetance does not come good overnight.
I hold from 9p-ish

Fred1new - 11 Sep 2008 18:34 - 1022 of 1076

Interesting, at the bell there was a 2 sells equal to about 61K and later buys to about 120k. I wonder if anybody who has level 2 can confirm these were buys or sells.

dealerdear - 11 Sep 2008 20:19 - 1023 of 1076

As far as I am aware, unless I have missed it, aren't their accounts being independently investigated? Dangerous to buy I would have thought until they give the all clear.

tipton11 - 12 Sep 2008 16:41 - 1024 of 1076

buys have exceeded sells for quite a long time and still they go down .. however bt a few more @ 6.09 yesterday might even think of averaging.

pumben - 16 Sep 2008 21:16 - 1025 of 1076

24M buys some very significant buys after the close, I know thw market in general is a nightmare but it is dramatic drop when B's out do S's, any thoughts ??

hangon - 17 Sep 2008 00:09 - 1026 of 1076

dealerdear - has a gd. point;
- I recall some expensive Auditors had been paid to investigate what was what, presumably on behalf of the owners of the business - the Shareholders....unless anyone knows different.
It is this sloppy demarcation that allows Directors to mismanage companies because they berlieve it's their company.
Maybe we'll get a report with the "results" expected late Sept, I read somewhere . . . . . . anyone?

pumben - 17 Sep 2008 01:20 - 1027 of 1076

Results 25th Sept but news is going to be bad then why so many buys, is it because they beliee it rose from 4.5p to 12p last time and they believe it maybe repeated ?

pumben - 17 Sep 2008 16:48 - 1028 of 1076

looks like this one is going down the plug hole, results must be horrrendus but I still can't understand the logic of why there are always greater buys than sells, this market will never be easy to understand.

Stan - 17 Sep 2008 17:30 - 1029 of 1076

When you look at the trades page PB have a look at the disclaimer at the bottom regarding buys and sells. Blue does not always mean a buy and vice versa.

amardev - 17 Sep 2008 18:31 - 1030 of 1076

Agreed Stan ............

I've often seen my purchases been recorded as a sell and visa versa.

ps. How are you ? and are you trading at the moment?

Regards
Amar

Stan - 17 Sep 2008 21:25 - 1031 of 1076

Hiya Amar,

I'm fine how are you, mainly fence sitting at the moment how about you?

BigTed - 17 Sep 2008 21:28 - 1032 of 1076

I'm waiting for 1p then i'm going long for 1000 a point - i really dont mind losing a grand - it would be just like any other day...!

maestro - 20 Sep 2008 09:45 - 1033 of 1076

why so quiet on here? city shorting vermin scum gone long? rot in hell you barstards

Fred1new - 20 Sep 2008 10:51 - 1034 of 1076

Maestro, Do you ever sell a share you hold?
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