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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

Juzzle - 04 Apr 2007 15:43 - 123 of 1076

Notice a pair of blue scissorlifts behind Britney Spears in the Austin Powers Goldmember movie? Spotted by someone in another forum.

They are in view for 60 seconds (from 5:45 to 6:45) in this (7:16) clip
http://www.youtube.com/watch?v=-ac6eMCLlpI

Asked Tanfield who say might be their UpRight brand but not sure.


Juzzle - 08 Apr 2007 18:18 - 124 of 1076

Today's Sunday Telegraph

Charge up on Tanfield

Shares in Tanfield, the Aim-listed manufacturer of electric vehicles, have been defying gravity for the past few months. One year ago the stock was changing hands at 18p, now the shares are trading at 123p. But there is no sign that the momentum that has carried it this far is losing pace.

Tanfield is the oldest electric vehicle manufacturer in the world, with its origins as a top producer of milk floats. These days its technology is used to drive vans and it has contracts with the likes of TNT, CEVA Logistics, Starbucks, M&S, Sainsbury's and DHL.

The London congestion charge is helping to drive sales, as electric vehicles are exempt.

At the end of the month, it will launch a new electric Ford Transit van at a commercial vehicle motor show in Birmingham, which is likely to produce fresh interest. Other new models will bring the group into the chilled food market.

It is also one of the biggest manufacturers of aerial work platforms, which are increasingly replacing scaffolding thanks to assorted EU health and safety directives. They have only just started to target the US, the biggest market for these platforms.

Tanfield doubled profits last year to 5.4m and analysts keep upgrading their forecasts for future earnings. Even at these prices, the shares are still worth a look. Buy.

Juzzle - 10 Apr 2007 13:38 - 125 of 1076

Telegraph readers always do as they are told. They enjoy being given orders.

;o)

skinny - 10 Apr 2007 17:14 - 126 of 1076

Thanks for the heads up on this one - closed half my holding +@70 today :-)

Juzzle - 12 Apr 2007 12:23 - 127 of 1076

DeutscheBank have upped their stake (again!)

Was 15,004,388 (5.14%) 28/3/07
Now 18,394,223 (6.30%) today

hlyeo98 - 17 Apr 2007 11:16 - 128 of 1076

Why is Tanfield going down for the past 2 days?

hlyeo98 - 17 Apr 2007 11:18 - 129 of 1076

Chart.aspx?Provider=EODIntra&Code=TAN&Si

cynic - 17 Apr 2007 11:37 - 130 of 1076

easy ..... straightforward profit taking ..... support likely at about 110 (rising 25 dma) or about 100 (rising 50 dma)

Fred1new - 17 Apr 2007 12:38 - 131 of 1076

Tanfield, interesting! Quite a few large buys yesterday at the bell. But down to-day on smallish volumes.

hlyeo98 - 17 Apr 2007 13:05 - 132 of 1076

mm's manipulating the market

Juzzle - 17 Apr 2007 13:16 - 133 of 1076

Meanwhile, across the channel..


The French state-run mail group La Poste plans to order 10,000 electric delivery vehicles in the next five years as part of a strategy to promote the battery-run car in France, the government announced Tuesday.

This week, La Poste is to invite manufacturers to submit bids to supply the first 500 vehicles for delivery in 2008.

"There has never been such a big order (for electric vehicles) in the world," said French Industry Minister Francois Loos in an interview with AFP, referring to the plans for 10,000 electric vehicles.

"This large-scale experiment will really launch the electric car in France, in a visible way for everyone, and will enable us to define the economic and technical conditions" needed for its deployment, he said.

The French post office has been testing eight electric vehicles in Paris and the city of Bordeaux since 2005 made by French group SVA, which is owned by defence group Dassault and specialist vehicle manufacturer Heulioz.

SVE and French transportation group Bollore as well as car manufacturers are expected to respond to the invitation to supply the vehicles.

La Poste already owns 60,000 vehicles, 30,000 push bikes, 25 aircraft and three trains.


-------------------------

It sounds like they are talking about car-sized small delivery vans mainly - which is not (so far) Tanfield territory. But with Tanfield already involved with TNT, and DHL - two of the very biggest delivery firms - this news does confirm theat things are moving in the direction of electric delivery fleets.

cynic - 17 Apr 2007 13:22 - 134 of 1076

but the odds will be every heavily weighted towards a French manufacturer, assuming there is one ..... that is French mentality

Juzzle - 17 Apr 2007 13:28 - 135 of 1076

- or French-Japanese - Renault being a partner of Nissan who this week announced a major jv with NEC to hasten the development of new battery technology.

cynic - 17 Apr 2007 13:30 - 136 of 1076

if you wish .... but NOT Tanfield

Juzzle - 18 Apr 2007 00:52 - 137 of 1076

True. Does help emphasise that this is the year in which real fleet orders will likely start to occur though. Until now everything has been ones and twos on trial.

cynic - 19 Apr 2007 15:58 - 138 of 1076

another good day for TAN in a soggy market .... shall be watching for a buying opportunity

Juzzle - 19 Apr 2007 16:33 - 139 of 1076

"...shall be watching for a buying opportunity .."

Were you not watching for the one we just had?

;o)

cynic - 19 Apr 2007 16:35 - 140 of 1076

sp did not get to the level i wanted, and was quite well invested anyway .... have now taken profits in VML and UMN so have spare cash again

Juzzle - 23 Apr 2007 00:42 - 141 of 1076

Monday - Bauma expo opens in Munich (23-29)
Tuesday - CV Show at NEC (24-26)

I wouldn't necessarily expect headline stories from the Munich expo. That is very much a business contacts, relationship-building event.

I do expect headlines from the CV Show ;o)
The launch of the Edison will guarantee that.
Any fleet order - for either the Edison or the Newton - will be a bonus headline.


It isn't going to be a quiet flat week!

skinny - 23 Apr 2007 08:14 - 142 of 1076

The Tanfield Group Plc

("Tanfield" or "the Group")



LAUNCH OF EDISON ELECTRIC ZERO EMISSION VAN &

NEW CONTRACT WINS



Tanfield, the leading manufacturer of zero emission electric vehicles and aerial
work platforms, is pleased to announce the successful launch of its Edison zero
emission electric van. Tanfield has today also secured its first contracts for
initial orders of Edison with Sainbury's, TNT, CEVA Logistics and Scottish &
Southern Energy.



J Sainsbury Plc ("Sainsbury's"), a leading UK retailer, has ordered an initial
eight Edison electric vans for its Sainsbury's Online home shopping delivery
fleet. Sainsbury's aims to switch 20% of its urban delivery fleet to electric
vehicles by September 2008 and its entire urban home shopping fleet by 2010.



The order follows a year-long trial by Sainsbury's of the Faraday zero emission
electric vehicle, a larger van based on a different chassis and also produced by
Tanfield's trading division, Smith Electric Vehicles. Sainsbury's Online
deployed the Faraday in home shopping delivery applications in Central London.



The Edison electric van utilises a Ford Transit Body shell, housing Tanfield's
higher function electric vehicle technology. It has a restricted top speed of
50mph and a range of up to 150 miles on one battery charge. Tanfield has signed
a supply agreement with Ford that will see Smith Electric Vehicles convert an
initial 100 Ford Transit Body shells to battery-powered Edison vans.



Tanfield has received further confirmed orders for Edison from parcel and
logistics companies TNT Express and CEVA Logistics (formerly TNT Logistics), who
have both already deployed Tanfield's Newton 7.5t electric vehicle.



Scottish & Southern Energy, one of the UK's largest energy companies, has also
ordered the Edison for use in its fleet of 6,000 commercial vehicles.



Simon Skeet, Operations Manager for Sainsbury's Online, said:



"Thorough testing during the trial has given us a unique insight into the
vehicle's capabilities and has demonstrated that we can potentially take
hundreds of conventional vans out of our urban delivery fleet.



Our fleet will start small but the long term plans mean that by 2010, all our
delivery vans operating in high areas of 'delivery density', such as towns and
cities, will be battery powered. We look forward to working closely with Smith
Electric Vehicles with a view to fulfilling this requirement."



Darren Kell, Chief Executive of The Tanfield Group Plc, said:



"Edison's urban performance capabilities have exceeded our own expectations and
those of our customers.



This initial order and further commitment by Sainsbury's demonstrates the level
of belief and confidence held by major fleet operators in our zero emission
vehicles.



The Ford Transit is the most popular and widely used van in its category,
further enhancing driver acceptability of our vehicles. Coupled with Edison's
unique performance capabilities, we are confident that the vehicle will generate
further volume orders."



Smith Electric Vehicles will officially unveil Edison at the Commercial Vehicle
Show, Europe's largest exhibition of commercial vehicles. The CV Show takes
place in Birmingham NEC from Tuesday 24th April to Thursday 26th April, 2007.


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