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

lively this afternoon in the absence of no rns...

possibly due to interims scheduled for 25th September !!

at long last, TAN has broken back quite decisively through a quite stubborn resistance at 160 = 50 dma ...... i wonder if it is too much to hope that the old high of 200 will soon be challenged>

Wait for interims tomorrow. Probably drop back for a day or two before advancing. Very little volume to recent rises.

I intend holding this longterm in SIPP. probably for 2-3 years. Longterm holding is a bit unusual for me generally, but in this case unless they do something "dumb" should be one of those companies with an ongoing uptrend.

Profit up 3x, share price up 5x and mkt cap ~625m. Hmm.

AL - the implied cynicism (lol!) is probably misplaced ...... if you read the whole statement, the forward growth projections are very bullish and the company is clearly a or even the market leader in its field ...... as sp movement is primarily based on sentiment, it is hard to see confidence in the company (sp!) being dented in the immediate future.

Just noticed the mkt cap as I was comparing the result. I don't care how good their growth is or might be, this is a hefty price for what they're managing to return.

I remain cynical and sceptical. ;-))

http://www.dccs.co.uk/shares/Tanfield/Morgan%20Stanley%20September%202007%20Post%20Results.pdf


target price upgrade to 220p from Morgan Stanley, Overweight stance, plenty of upside from here...

THE TANFIELD GROUP PLC
('TANFIELD' OR THE 'GROUP')

INTERIM RESULTS

FOR THE SIX MONTHS TO 30 JUNE 2007

The Tanfield Group Plc, the leading manufacturer of zero emission electric
vehicles and aerial work platforms, is pleased to announce its unaudited interim
results for the six month period to 30 June 2007.


Highlights


Strong financial performance across the Group:


Turnover increased 120% to 36.8m (2006: 16.5m)
Pre tax profit increased 209% to 5.4m (2006: 1.7m)
EBIT 14.3% of sales (2006: 13.3%)
Net cash at 30 June of 4.7m - supporting further growth
Post Snorkel deal cash balance of 42m


Production lines for electric vehicles now installed and fully
operational at Vigo, UK - on track to achieve a capacity of 30 new
technology electric vehicles per week at the beginning of Q1 2008


Volume order from major fleet operator for 50+ electric vehicles -
customer requirements for 2008 already exceeds 600 vehicles


Partnership with Ford for electric vehicles for US market - US
production to commence in December 2007


The Board expects US production curve for electric vehicles in 2009 to
be steeper than the UK


Completion of first stage of Snorkel integration - already achieved 20m
cross-selling to existing EMEA customers


Third crane line for UpRight installed at Vigo, UK, further increasing
output to 200 units per week capacity in September 2007


Shipped first production electric vehicle fitted with lithium-ion
phosphate battery pack - increasing addressable market


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


'Once again, Tanfield has delivered excellent results and achieved high growth
in both core divisions of Powered Access and Zero Emission Vehicles.


The integration of Snorkel International has progressed very smoothly and we can
now focus on growing global sales, while achieving significant cost savings
through supply chain synergies with our established powered access operation,
UpRight.


We have strengthened the management team, grown the forward order book and
worked extensively with our supply chain to gear up for increased volume, in
both Powered Access and Zero Emission Vehicles. The foundations are now in place
for further strong, organic growth in the second half of 2007 and beyond

i rather like the loom fo the chart, as shown below ..... sp twice bounced off 25 dma; it then just pierced 50 dma and paused for breath and has now shot away with considerable impetus and unusually heavy volume ...... next hurdle is the very obvious all-time high of 200/205

20-08-2007 Deutsche Bank + 2,339,816 29,882,638 8.0700
09-08-2007 Deutsche Bank + 3,181,672 27,542,822 7.4400
30-07-2007 Deutsche Bank + 3,720,680 24,361,150 6.5800
and they have some more , now 10.1%

Expecting news from California within a few weeks (8 at the very most) regarding commencement of US production of electric vehicles there - with some impressive headline-grabbing US publicity attached ;o)

And a few weeks into the new year, a publicity push with specific regard to zero emission airport vehicles.

Anyone know anything about these.

Eco City Vehicles First day of dealings




RNS Number:5346F
Eco City Vehicles PLC
11 October 2007



Eco City Vehicles plc ("the Company")
formerly Pannal plc ("Pannal")


FIRST DAY OF DEALINGS ON AIM


Eco City Vehicles plc is pleased to announce that following Pannal's
extraordinary general meeting held yesterday, where the shareholders approved
the reverse takeover of K.P.M. Autos Limited ("KPM") by Pannal, the Company's
name change and the application for admission to trading on AIM ("Admission"),
dealings in the Company's Ordinary Shares began at 8.00am today.

On the slide now . May fall back to 1.50 before moving north again .

Flip. i don't think so. There a number of heavy vol sales at about 12MD about 6.5 mil. I think the price stood up well.

But Pru has nice hold
Tanfield Group PLC
26 October 2007


Tanfield Group plc (the 'Company')

Holding in Company

The Company was notified on 24 October 2007 that Prudential plc has voting
interests in 48,277,222 ordinary shares in the Company which represents
approximately 13.03 % of the issued share capital of the Company.


This information is provided by RNS
The company news service from the London Stock Exchange

Talk about timing, sold entire holding at 177p this morning... wish i could do that all the time...!

Buy back at 1.50 ?

not sure, may just be some time for a bounce before the next big correction, but might be strict with myself and not purchase anything until the next big market sell off....

sold 1/3 of holding a day or two back, and shall look to buy that back prob Thursday after Dow has taken what i expect to be a battering - rate only reduced by 0.25% or not at all

Cynic, now you tell us after the event. Unclear was it 1 day ago or 2 or 3...? lol