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

Tanfield certainly seems to be getting itself noticed lately. Nowadays a producer of low-emission electric commercial vehicles - being trialled by Sainsburys, TNT Parcels, and in several cities via a government-funded campaign to publicise the benefits and practicalities.

They also bought themselves a company producing mobile platform hoists, which is thriving now. New factory in the north-east scheduled to be up and running at the end of this month. And they've picked up a lot of profitable ongoing maintenance contracts on electrical forklifts, factory tug vehicles, airport vehicles. etc. A real turnaround story.

Half-year results are scheduled for Monday 25 Sept. Chart looking strong - surged 75% since statement in April.
Company website is at http://www.tanfieldgroup.co.uk

And mentioned in Shares mag today, so I'm told. Not seen it myself. Does it say anything new?

Results statement is well worth a read. Position going forward in all divisions looks impressively strong. The next set of figures look like reflecting major growth which is kicking in now. Plus they have the upcoming launch of a new van range at the big Courier & Despatch exhibition in Amsterdam a couple of weeks from now.

To meet expected growth in demand for electric van fleets, the new van range will utilise body shells bought in from mass producers, to which Tanfield will install the electric drivetrain.

Share price already climbed 10p ahead of these results, so some of the good news is already factored in. But it looks good for the coming year or two.

For more on that Amsterdam Exhibition see http://www.cpd-expo.com/

at which Tanfield's Sales Director Kevin Harkin (speaking 13:55 Tuesday 11 Oct) will be among the speakers at the associated conference (see schedule
http://www.cpd-expo.com/programme.htm )

Last weeks investors Chronicle listed the Tanfield Group as a Buy The Upright business will according to broker Daniel Stewarts contribute sales of 26.2m in its fist full year.. Smiths Tanfields electric-vehicles division has a very good order book with more to come.. Take a look at the report its well worth reading

...Smith Electric Vehicles, Europes largest commercial electric vehicle (EV) manufacturer. ..has just produced what it says is the worlds first 7.5-tonne electric vehicle for TNT Express UK which was unveiled by TNT CEO Peter Bakker at the Courier & Parcel Despatch Expo 2006 in Amsterdam last week.
Smith buys in a regular chassis cab (in this case an Avia 75) and 'electrifies it'. The Smith Newton has a payload of 4,300kg, a top speed of 100km/h (60mph in old money) and a range between battery charges of up to 230km (about 130 miles or so). ..it's exempt in the UK from O-Licence, tachograph, Congestion Charge, MoT etc etc and also qualifies for free Road Fund Licence.
And as EVs have a flat torque, Smith says it should leave a diesel-powered 7.5 tonner for dead at the traffic lights! Being zero emission it's also ideal for stop-start delivery work in city centres, where the diesel engine is at its most inefficient. Cost-wise, it'll set you back about twice what you would pay for a diesel equivalent. But, its manufacturer insists: "Youll more than make this back in whole life costs (based over 5 years), through fuel and maintenance savings (electric motors have 4 moving parts, compared to over 1,000 in the drive train of an internal combustion engine). And if you operate in Central London, the Congestion Charge exemption is worth an extra 8 a day on top of these savings."


Source: http://www.tnn.co.uk/BigLorryBlog/plonearticle.2006-10-20.0542067639

Rumour of the day
The Times October 21, 2006

Tanfield Group, the AIM-listed maker of hybrid electric vehicles, perked up p to 44p on murmurs that it will announce a substantial contract win next week, possibly from North America. The Co Durham-based company, whose shares have risen 144 per cent over the past six months, has won work from BAA, TNT and Dairy Crest through its Smith Electric Vehicles business.

I have just found out that Brendan Campbell has been appointed to the board of the Tanfield Group.. I understand that Brendan has been working at TAN for the last four years.. as a Director of TANs subsidiary Tanfield Engineering Systems Ltd.,

Headline news is that TAN has conditionally placed up to 20m shares at 40p through an institutional placing of new ordinary shares The company has called for an EGM for the 15 November to ask shareholders to give authority to allot up to 50,000,000 new ordinary shares in a placing expected to be 16 November 2006.

Orders for Powered Access continues to exceed expectations, with orders coming in at a rate of 1m or more per week. So the funds will be used to accelerate the growth in output of TANs Powered Access Division.. To oil the wheels even more the company is also arranging with its bankers an extended debt facilities of 9m..

Tan had to take the move to find more working capital.. find out all the newsflow at www.shareclubuk.co.uk the company has a full to over fllowing order book the powered access part of the company has more oders than they ever through they would get... the new funds for the placment together with the banks funds will oil the wheel's and give more power to their elbow..

another case of "convenient" placing rather than offer to shareholders although to be fair the price does show that the company are very well thought of....

myway - I think that Brendan Campbell appointment was made public 4 weeks ago?
No matter.
The reasons behind yesterday's fundraising move are positive ones. The company is stepping up expenditure on facilities in order to meet rapidly expanding demand for its products. Regardless of the dip this placing created in the share price, the future looks strong. Nobody should be surprised if further contract news emerges very soon..

According to report in local press (The Journal, Newcastle) institutions were keen to offer 50m and were scaled back by the company to 20m. Nice to know the investment institutions are so keen to get into this stock! Bodes well - and presumably some of them will be competing to acquire existing shares now.

Good thinking, Juzzle. I like what I see with this one.

On Monday last week the total number of shares traded for TAN was 20,840,61... Among others Fidelity traded their position down to 7,058,261 shares to a holding of 2.92 per cent of the issued ordinary shares in the company Now that Fidelitys trade is out of the way and once the 20 million share placement and allot of 50,000,000 new shares have taken place then to my mind we should see the return of the upward trend of the SP

Well Im not the only one who has TAN in there vision this weeks shares report is very upbeat David Buxton, an analyst at house broker Daniel Stewart has upgraded his 2007 pre-tax profit forecast by 53% to 13.9 million on news of the expansion plans and his 55p price target suggests the shares could keep rising in spite of having already romped from 20p barely a year ago.

You can find all the background information on TAN at the OAP's web site www.shareclubuk.co.uk the company has a strong order book ... the new funding will open the door for the company to expand its sales... keep your eyes open on this one as I feel that the best is yeat to come...

Getting in on the act.. To top all the news on tan this last week Investors Chronicle have listed a strong report on TAN this indeed backs up what everyone is saying about the company..

Tan cheers greens last weeks Shares under headlines Stern talking cheers greens. more talk about TAN and other companies

Meanwhile at the OAPs Shareclubuk you will find that TAN is indeed listed as the number one share showing a 109 per-cent profit to date The forecast of 55p for the company SP was set by David Buxton an analyst at house broker Daniel Stewart. The company has first class products.. Funds are being set up, so that the company can execute the order flow which stands at just over 1m per week

Are you an investor in TAN..? Can you see the SP moving above the 55p mark..?. Have you got any news on Tan to add to the above..?

Michael our 70 year old was jumping up and down this morning at our shareclubuk coffee meeting.. All because of the positive news from TAN the placement of 50,000,000 has raised 20 million, thats before any expenses have been taken out.. Never the less the extra funds will help to keep up the despatch of the 1m plus orders that are being booked in each week

TAN is the best investment on the clubs books showing a 127% gain on investment of 2,148.41. Can anyone find out the new broker rating for TAN?

Tanfield (TAN) have two of the best divisions within their group.. Thats just what I was talking about at our shareclubuk coffee meeting this morning..

The Smiths Electric Vehicles, division is both the worlds oldest electric vehicle manufacturer and the worlds largest producer of road-going commercial electric vehicles..

The other division is Powered Access.. that encompass the operations of Aerial Access, along with Upright Powered Access, The lead brand will be Upright.. The two divisions are driving forward with strong orders book-in.. UpRight Powered Access has a new website, www.upright.com.

David Buxton, an analyst at house broker Daniel Stewart has upgraded his 2007 pre-tax profit forecast by 53% to 13.9 million, his 55p price target suggests the shares could keep rising in spite of having already romped from 20p barely a year ago.

10:52am today. We have lift-off ;o)


Trading Update

RNS Number:2580N
Tanfield Group PLC
05 December 2006


Tanfield Group plc

("Tanfield" or "the Company")

Trading Update

The Directors of The Tanfield Group Plc are pleased to announce a strategic
opportunity with two of the world's leading logistics and express operators, TNT
Express and TNT Logistics.

TNT today launches its trial of the first two Newton vehicles
from Smith Electric Vehicles. Both will be deployed in and around London.

Newton is the world's first high performance 7.5 tonne electric, zero
emission vehicle.

TNT Logistics will use one Newton as part of its contract with coffee retailer
Starbucks, based at a depot in Basildon, Essex. TNT Express Services UK &
Ireland will use the other Newton for business-to-business parcel delivery, on a
route into central London from Barking.

TNT Express has indicated that, following a successful limited trial period, its
requirement for a UK rollout would be at least 200 Smith vehicles and that it
will examine significant further deployment opportunities for its overseas
operations.

TNT Logistics will similarly further examine its requirements for Smith
vehicles, following the trial.

Darren Kell, Chief Executive of The Tanfield Group Plc, said: "We are delighted
to supply the first of our new technology vehicles to TNT.

"This further demonstrates the market interest in our products and provides
insight into the latent demand for zero emission commercial vehicles.

"Smith Electric Vehicles is the world's largest manufacturer of road-going
commercial electric vehicles, in what has the clear potential to be an
incredibly fast-growing industry."

Tom Bell, Managing Director of TNT Express Services UK & Ireland, said: "This is
a huge step forward for our fleet in London. Not only is this one of the most
environmentally friendly vehicles on the market, there are also potential
significant cost savings in the long-term.

"If we extended this to 10 per cent of our fleet in urban locations, the cost
savings to the company would run into millions of pounds."

Neil Crossthwaite, Managing Director of TNT Logistics, said: "We have allocated
our first zero-emissions vehicle to the fleet we operate for Starbucks, a client
which shares our commitment to minimising environmental impact wherever we can.
I am sure that other clients will be keen to become involved at the end of the
trial."


Enquiries:

Darren Kell, Chief Executive
Tanfield Group plc Tel. 0845 155 7755

Ruari McGirr
Daniel Stewart & Company plc Tel. 020 7776 6550

ENDS

In 5 - 10 years this could be a major company.