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

Looks to me like it's dropped out of the channel to the downside. Hardly surprising I suppose with the run its had, and all the general market volatility. I guess time will tell if it has anymore legs......

Strawbs.

Summer corrections are always part of high growth stocks like this. Ive set money aside for another purchase.

ah well you have been 100% cash for ages, so you can run long/short models without fear of being punished by calling wrong! ..... having taken a while to buy into TAN, i am now a zealous convert, but shan't threaten you with the stake for heresy!

Strangely enough, most of my predictions (since being dispassionate) about various shares and indices have actually been pretty good. I guess that means I should've opened a CFD account and traded the market, but I suspect if I had I would've lost the lot....... As you say. Easier to let your predictions unfold when you have no stake at risk.

Strawbs.

indeed it is for one can afford to let positions run in either direction without fear for one's wallet

400,000 worth of orders for Tanfield's Jumbotugs division
(from the British Embassy website in Warsaw)

Jumbotugs Sells Zero Emission Airport Vehicles into Poland, Thanks to Embassy


Jumbotugs, the UKs leading manufacturer of zero emission airport tow tractors, is enjoying significant sales in Poland, following a successful trade mission.

The British Embassy in Poland played a key role in arranging meetings for Jumbotugs with airport operators and airside ground handling companies across the country. It has resulted in sales totalling approximately 400,000 of over 25 units to airports in Warsaw, Gdansk, Krakow, Poznan, Szczecin and Wroclaw.

Embassy support for Jumbotugs included help involving airports in the trade mission, plus marketing and translation support.

The Jumbotugs airport tow tractors, or tugs, are 100% battery powered, helping to reduce airport emissions, particularly carbon dioxide. They are used for a variety of ground handling and aircraft maintenance roles, but principally for towing baggage trains.

Roger James, Sales Manager for Jumbotugs, said: The British Embassy not only opened doors for us in Poland, but provided a high and extremely focused level of logistical and practical support.

The resulting sales we achieved speak volumes about the success of this mission for us.

I think the price drop is due more to the below due to its dilution factor.

I bought back TAN a little too early, but will continue to hold.

Tanfield Group PLC
26 July 2007

THE TANFIELD GROUP PLC

('Tanfield' or 'the Group')


ACQUISITION UPDATE

Further to the announcement on Monday 23 July 2007, following the completion of
both the acquisition of Snorkel Holdings LLC and the receipt of clearances from
the United States antitrust enforcement agencies under the United States
Hart-Scott-Rodino Improvements Act of 1976 on Wednesday 25 July 2007, admission
of 77,324,148 new ordinary shares will occur and dealings commence on AIM on 27
July 2007. These ordinary shares will rank pari passu in all respects with the
existing ordinary shares currently traded on AIM. Following admission there will
be 370,286,089 Ordinary Shares in issue.

Just over a million O shares gone through after the auction - obviously not a great deal in the grand scheme of things.

with sp now 143, there is an inclination to go out buy ...... however, sp has fallen sharply though 25+50 dma and i see no obvious support until perhaps 130

You where a lot more bullish last week......

"having taken a while to buy into TAN, i am now a zealous convert"

Strawbs.

bottom hadn't fallen out of the market then ...... am currently generally more inclined to take money out than put more in as there may still be more nastiness in the cupboard .... also, long w/e coming up and i shall be away cycling in Burgundy for the week so out of constant touch.

Sounds sensible. Was only winding you up. ;-)

Strawbs.

"may still be more nastiness in the cupboard ...."

You can say that again )-:

Not if you are drinking wine in Beaune.

Have a look at their market.

fyi, this morning sold my NAE holding at a modest profit, and topped up my holding in TAN to about 100% of norm

I take it you'll be using a stop loss while you're away......just in case.

Strawbs.

prob not .... TAN is not that volatile and reckon it's a good long term hold anyway, though that does not and will not stop me trading a portion every so often

.

In general shares like TAN are going to be hit hard when there is a major market correction as a lot of "hot money " is going to evaporate.