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

called this one right by selling at 168 and then buying back at 150 just a few weeks back ...... chart below is now interesting insofar as sp is again challenging the all time high of 168 ...... wilol it break through? ..... reasonable chance is my guess so shall keep holding

er yes!

Very nice.

I have to admit to holding and embarrassing mumber of TAN.

It will fit into a SIPP very nicely, but not ISAs.

With the below information I had a look at ENOVA, but for me to complicated to place in SIPP, because of listing and holding of American stock and therefore dealing costs.

I think it has a long way to ride and was looking at ENOVA and possibly a quicker growth than TAN




Enova can be traded as CFDs, but for me it is a bit to complicated.


Enova Systems, Inc.
20 June 2007





Enova Confirms Production Order from Tanfield's Smith Electric Vehicles Delivery of 90 and 120kW systems to Tanfield has begun



TORRANCE, CA June 20, 2007 - Enova Systems, (AMEX: ENA and AIM: ENV and ENVS), an early stage production company in an emerging industry and a leading developer of electric, hybrid and fuel cell digital power management systems, confirmed that it has received and begun delivering a production order for 300 systems from Smith Electric Vehicles, a division of The Tanfield Group Plc (TAN).



Enova has worked in partnership with Tanfield for almost a year now, developing high performance electric drive train components for Smith Electric Vehicles' zero emission electric vans and trucks. Under the production agreement, Enova will supply 90kW and 120kW electric drive units to Tanfield.



The order is scheduled for delivery throughout the remainder of 2007, as Smith Electric Vehicles continues to secure orders with major fleet owners in the UK and Europe and continue to penetrate the growing international market for commercial electric vehicles.


Mike Staran, Enova's Executive Vice President said:

'Smith Electric Vehicles is one of the world's leading developers and
manufacturers of road-going commercial electric vehicles. Choosing Enova as a key supplier really emphasises our belief that Enova is a world leader in electric drive train technology. We look forward to working closely with Tanfield in this fast-growing market.'


Darren Kell, Chief Executive of The Tanfield Group Plc, parent company of Smith Electric Vehicles, said:



'Enova has worked hard with Tanfield to develop the most efficient drive components possible for our Smith Electric Vehicles vans and trucks. The Enova units will be a key drive line component in the first fleets of new-technology electric vehicles from Smith.



Tanfield's work with Enova is in line with our strategy to develop and incorporate best-of-breed technology throughout our product portfolio.'



Smith Electric Vehicles, based in Tyne & Wear, United Kingdom,(
http://

www.smithelectricvehicles.com
) is both the world's oldest electric vehicle manufacturer and the world's largest producer of road-going commercial electric vehicles.



Established in 1920, it has been a market leader for more than seven decades. Smith vehicles are used for a wide range of industrial and commercial applications including urban delivery, healthcare, airport and municipal services. It has a worldwide customer base of more than 500 clients, including major supermarkets and global logistics companies.



A typical Smith Electric vehicle can achieve ranges of over 100 miles between battery charges and speeds of 50 mph. Because they are zero emission, Smith Electric Vehicles are exempt from the London Congestion Charge and also qualify for free parking in parts of central London. They also qualify for other tax breaks and costly license exemptions.







About Enova:

Enova Systems (http://www.enovasystems.com) is a leading supplier of efficient, environmentally friendly digital power components and systems products. The Company's core competencies are focused on the development and commercialization of power management and conversion systems for mobile applications. Enova applies 'enabling technologies' in the areas of alternative energy propulsion systems for light and heavy-duty vehicles as well as power conditioning and
management systems for distributed generation systems. The Company develops,
designs and produces non-invasive drive systems and related components for electric, hybrid-electric, and fuel cell powered vehicles in both the 'new' and 'retrofit' vehicle sales market. For further information, contact Enova Systems directly, or visit its Web site at http://www.enovasystems.com.





ENOVA SYSTEMS, Inc.
19850 South Magellan Drive
Torrance, CA 90502
310-527-2800
Contact: Mike Staran, Executive Vice President/Investor Relations

Tanfield Re: Press Speculation


RNS Number:1123Z
Tanfield Group PLC
27 June 2007

Tanfield Group Plc
("Tanfield" or the "Company")


Recent press speculation


The Company notes the recent press speculation regarding a fund raising. The
Company confirms that it has completed a placing to raise #115 million at 163p
per ordinary share to fund a substantial acquisition, which is expected to be
significantly earnings enhancing in the first full year of ownership. The
placing is conditional upon, inter alia, completion of the acquisition and the
Company expects to provide further information shortly.

Tanfield raises 115 mln stg in placing at 163p/shr for acquisition UPDATE


(adds expected timing of deal)
LONDON (Thomson Financial) - Electric vehicle developer Tanfield Group PLC
said it has raised 115 mln stg through a placing at 163 pence per share to fund
a substantial acquisition.
The company said it expects the acquisition to be significantly earnings
enhancing in the first full year of ownership.
Sources close to the deal said negotiations were well advanced, and it is
understood that an announcement will be made in the next 10-14 days.

Be bigger than Ford soon :-)

I need a new car.

Dil :-)

Tanfield to buy Snorkel Holdings; raise 115 mln stg via placing


LONDON (Thomson Financial) - Electric vehicle developer Tanfield Group PLC
said it plans to acquire Snorkel Holdings LLC for 50 mln stg in cash and shares
and will assume 12.5 mln stg in debt.
The company said it will raise 115 mln stg through a placing to fund the
acquisition.
Snorkel supplies industrial aerial work platforms and has manufacturing
capabilities along with strong sales and distribution in the US and Australasia,
Tanfield said.

New broker target 230p (St Helens Capital) - previously 150p

Tanfield Group (TAN.L)
Pro forma Mkt. Cap.: 642.5m*

Recommendation: BUY
Price/Target: 184p/230p
St Helens Capital



Event: Acquisition and placing

Tanfields acquisition, subject to EGM, of Snorkel creates the third largest Powered Access manufacturer with a global footprint and comprehensive product range. Tanfield has dramatically increased its US sales and manufacturing capability through the acquisition and gained a beach head into Asia. The 50m consideration represents 7x trailing 12-month EBIT with considerable scope to increase both Snorkels growth and profitability. In order to fund this acquisition, repay outstanding debt, purchase two Snorkel freeholds and launch SEV in the US, Tanfield has raised 110m (net) at 163p/share. The transaction is marginally earnings enhancing for FY07 (+3% to 3.8p) with a considerable increase in FY08 (+29% to 7.6p). We maintain our BUY rating and set a 230p price target (150p).

Snorkel supplies "industrial aerial work platforms" and has manufacturing capabilities along with strong sales and distribution in the US and Australasia, Tanfield said.

Interesting outfit this lot, but one question though

What does "strong industrial aeriel work platforms" mean please?

Tanfield Annual Report and Accounts


RNS Number:1947Z
Tanfield Group PLC
28 June 2007

Tanfield Group plc
(the "Company")

Annual Report & Accounts and Notice of Annual General Meeting

The Company's Annual Report and Accounts for 2006 together with notice of the
Annual General Meeting, which takes place at 10:00 on 28 September 2007 at Vigo
Centre, Birtley Road, Washington Tyne and Wear, NE38 9DA are available for
inspection from our website:

Northern Echo today:


DELIVERY group TNT has agreed a six-figure deal to ship consignments from engineering company The Tanfield Group to the rest of the UK and Europe.
The North-East branch of TNT has won the contract to transport parts used in Tanfield's zero-emission vehicles from its base in Washington, Wearside, to other manufacturing sites across the continent.

Under the deal, TNT is handling up to 200 consignments through its Durham depot a week. Eddie Calland, TNT business development manager, said: "We're delighted to have strengthened our relationship with Tanfield through this new contract."

Tanfield has recorded a series of European successes recently, with trial deals being struck with Sainsbury's Online, DHL, Starbucks, Marks & Spencer and Scottish and Southern Energy, and last week revealed it was gaining a strong foothold in the US with the 50m acquisition of leading industrial platform maker Snorkel.

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

Interesting that it talks of electric vehicles being manufactured at sites across Europe, and shipping up to 200 consignments per week. Has someone let the cat out of the bag about some imminent joint venture with a bigname vehicle maker that has not been announced yet?

just read the header post.... hell 3p, damn crystal ball, work you bloody thing....

Ted, I sold at 120 firmly convinced it was overpriced ;(

hugely bullish write-up in today's Telegraph Money (Questor) section ..... too long to post but BUY was the message loud and clear .... article finishes .....

"This is a stock with enormous growth potential and minimal competition. BUY"

I'll need to get a look at the article not that I would have thought any less even more so after their recent acquisition! I'm that confident is this co that I bought more at 1.94 only a week or so ago. I've already made a very healthy sum of money after buying in at 29p, still holding and no intention of selling. Not too concerned about market conditions etc.. as this is long termer for me. each to their own.

Good luck all holders.

Telegraph Questor Article

Strawbs

Thanks cynic/Strawbs

The shares are trading on a punchy 61 times forecast earnings,

The shares are trading on a punchy 61 times forecast earnings, dropping to a more manageable 26 times earnings in 2008.

But, as with so many growth stocks, that gauge becomes slightly irrelevant.

This is a stock with enormous growth potential and minimal competition. BUY