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

Every time I'm tempted to buy more TAN, I resist as I feel the markets have even more to throw at us in the interim. Although anyone investing sub 100 in these turbulent times have made a wise choice.

AUSTIN, Texas--(BUSINESS WIRE)--February 07, 2008
Valence Technology, Inc. (NASDAQ: VLNC) today announced it has
entered into a contract with The Tanfield Group Plc (LSE: TAN) to
manufacture and supply safe, Lithium Phosphate energy storage systems
to power zero emission, all-electric commercial delivery vehicles. The
Valence battery systems will be installed in leading-edge vans and
trucks produced by Tanfield's UK-based trading division, Smith
Electric Vehicles, the world's largest manufacturer of electric vans
and trucks.

Under the agreement, Tanfield will purchase up to $70 million of
Valence products in the contract's first phase and Valence has already
received a firm purchase order for the first calendar quarter.



Valence management will discuss the Tanfield contract during its Fiscal 2008 Third Quarter Conference Call scheduled for 4:00 p.m. EST today, Thursday, February 7th. To access Valences conference call via the Internet, please visit http://www.valence.com. The conference is also available within the United States and Canada by dialing 888-820-9409 and entering the passcode 9064825. Callers dialing into the conference from abroad must dial 913-312-1417 and enter passcode 9064825


Click here for longer report

wheres the bottom?

Above the knees but below the waist.

would usually recommend buying shares on an uptrend or at least when they seem to have settled, however, TAN looked to have been happy at around the 100p level only last week, I bought more today, even though i predicted a fall to 80p area a couple of weeks ago, it was only a top up and i will be looking for more if they tumble further, but i dont mind buying into TAN as they appear a very strong company leading the way, in the right sector for the future, so i guess its more stake building. The point is how do you know when they've settled, you wait til they are back upto 1? higher? or til the graph levels out? well it looked like it had until two days ago, i'm going to keep buying...

Hmm - I'm glad I've kept out of this for some months now. It's not a happy sight at present

baylis thanks for chart looks like another down leg? glad i did not buy in a few weeks ago.

65p by april

Baylis..you might be reight !

I bought in (small time) at 90p this morning and the sp dropped ! serves me right!

Sorry to all the other guys..I should've stayed out and watched the price rocket !

Still, if it does go down to 65p I'll buy some more!

So would I.

Some large trades been coming in over last half hour or so, no RNS but looks like somethings afoot...

nice finish - some shorters being squeezed at last ?

12-Feb-0816:10:2390.005,000Buy* 89.7590.004,500Trade Type:
Unknown

12-Feb-0816:09:5190.0025,200Buy* 89.7590.0022.68kTrade Type:
Automatic execution

12-Feb-0816:09:4790.0010,210Buy* 89.7590.009,189Trade Type:
Automatic execution

12-Feb-0816:09:2990.0012,790Buy* 89.7590.0011.51kTrade Type:
Automatic execution

12-Feb-0816:09:2590.0015,000Buy* 89.7590.0013.50kTrade Type:
Automatic execution

12-Feb-0816:09:1790.0010,979Buy* 89.7590.009,881Trade Type:
Automatic execution

12-Feb-0816:09:1190.0012,294Buy* 89.7590.0011.06kTrade Type:
Automatic execution

12-Feb-0816:09:0890.0014,000Buy* 89.7590.0012.60kTrade Type:
Automatic execution

12-Feb-0816:09:0590.006,250Buy* 89.7590.005,625Trade Type:
Automatic execution

12-Feb-0816:09:0190.002,114Buy* 89.7590.001,903



As posted above, does somebody know or expect something, cos thats a lot of buys in a short space of time, Deutschebank have already increased recently, these look like seperate private trades, and not delayed, therefore probably called correctly as buys...
I will await some news...!

I bought some yesterday though hardly a notifiable interest!

I bought in (small time ) last week.. looks as though somethings' cooking!

don't get excited .... volume was only 2.5m against average of 3.5m ..... quite possibly some short closing pushing up sp

I think the market is so risk adverse that something with a PE of over 90 even if projected to be about 20, is open to be caned.

I can't remember if it is a German Listing as well as AIM, bu if so, has it also been shorted.

I bought Tan at at a much higher price having previously bought low and sold high and daftly re bought.

I intended it as a long hold in a SIPP and will do so. The contracts it has will reward long term holders, but I am cursing a little at the moment.

RSI just starting to show signs of increase in strength, trades mixed this morning although now showing string of buys (delayed 15mins), maybe time for retracement back towards the pound mark...

41.47m shares currently on loan in Crest. This will start going down when shorters start buying- so it's the one to watch!

...and I hope a few get caught short!