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

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!

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if stock on loan, then on recent performance prob short positions anyway

cynic - oops!

Anyone got an up to date current PE ratio fr TAN, TDW indicating 99 (obviously falling on prospectus)...

LONDON (Thomson Financial) - Enova Systems Inc confirmed it has received a 2008/09 production order for drive components for Tanfield Group PLC, thus extending its supply agreement with the electric vehicles manufacturer.

The digital power components supplier said it will continue to deliver its 90kW and 120kW electric drive components to Tanfield, adding it expects to supply Tanfield with over 1,000 units during 2008 and as many as 3,000 in 2009.

It said it has already started delivering its 2008 production orders to Smith Electric Vehicles, a unit of Tanfield.

Financial terms of the deal were not disclosed

BT. Current P/E 98, rolling PE1 21, PE2 11.46 . PEG .24 Rolling PEg1 .23 Forecasted eps O8/ = 7.53 09/ = 10.53 Net Cash 13.6million

If you have patience TAN will repay you. Prelim Results out 5/3/08.

TAN is looking dirt-cheap at 97p. BUY BUY BUY

looks like a support level has now been found.

The only way is up........... 10% increase at 12-00

cynic should be released by end of march.

Continue to BUY at 108p...still very cheap

Cheap or Cheep over what timescale?

Have a look at Darwen Holdings admitted to AIM yesterday, Chairman Roy Stanley of Tanfield fame. See article in Shares mag. Going to corner the market in low emission "green" buses.

Tanfield Group plc (the "Company")

Holding in Company

The Company was notified on 25 February 2008 that Deutsche Bank AG has voting interests in 36,976,810 ordinary shares in the Company which represents approximately 9.99% of the issued share capital of the Company.

The bounce is probably due to Shorters buying just before the results and hoping to short again afterwards.

strange logic .... many or even most who have shrted over the last month or so will therefore have lost money if they have now bought back ..... and why should they necessarily short again after the results? ..... sp is already a long way from its arguably over-inflated high, but TAN has certainly of late always come up with the goods and i would be surprised if they disappoint this time.

Try closing their postions for next few days.

The Company was notified on 28 February 2008 that the Prudential plc group of companies has voting interests in 55,515,720 ordinary shares in the Company which represents approximately 14.99% of the issued share capital of the Company.

Increased my position.

Prudential and Deutsche Bank...some serious folk in this...!