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

Thank you, I had them pasted up for yesterday!

RNS - tanfield to annnounce preliminary results for year to dec 31 2007 on 22 april.
Tanfield group plc said trading for 2007 was in line with its expectations and 2008 started strongly with production capicity and output ahead of plan. Looking good.

New product launch




RNS Number:3337S
Tanfield Group PLC
15 April 2008


THE TANFIELD GROUP PLC

LAUNCH OF NEW ZERO-EMISSION ELECTRIC VEHICLES IN COLLABORATION WITH FORD

Tanfield's trading division, Smith Electric Vehicles, today launches the Smith
Ampere, a new product aimed at the light van sector. Ampere, which utilises the
Ford Transit Connect chassis, and will be joint branded Ford and Smith, was
designed and developed by Tanfield in collaboration with Ford. Both Ford and
Smith Electric Vehicles will officially unveil Ampere on their respective stands
at the Commercial Vehicle Show in Birmingham, UK, today at 10am.

Ampere is a pioneering pure electric vehicle in its class. It is aimed at urban
operators using large fleets of light vans, in sectors such as postal and
courier, utilities and telecommunications. It has a gross vehicle weight of
2,340kg, with payload capacity of up to 800kg.

Ampere has a range in excess of 100 miles on one battery charge and a top speed
of up to 70mph. It is powered by a 50 kilowatt electric motor and an Iron
Phosphate lithium-ion battery pack. This is a new drive train and battery and
was developed specifically for Ampere.

Ford has already announced that it will launch the Transit Connect in North
America and recently unveiled a taxi cab variant. Tanfield will concurrently
launch the Ampere for sale in the USA. .

The Company today also launches the Faraday mark II, specifically aimed at North
America. Ford will supply a range of chassis for Faraday commercial vehicles
with a gross vehicle weight of up to 13,000kg. Tanfield will commence
manufacture of the first of these new products for North America in the second
half of 2008.

Tanfield has reached a broad agreement with Ford to collaborate on future zero
emission vehicle projects and is investigating further opportunities in sales,
marketing and product development both in Europe and North America.

Darren Kell, Chief Executive of The Tanfield Group Plc, said: "The launch of
Ampere brings leading edge zero-emission technology to the light van sector for
the first time.

"Our relationship with Ford in North America will provide Smith with high
quality chassis that will be recognisable to, and readily accepted by American
customers.

"Today's product launches will significantly increase the addressable market for
our electric vehicles and are a major step towards our goal of offering a full
global range of zero emission commercial vehicles, from light vans to medium
duty trucks."

Steve Kimber, Head of Commercial Vehicles for Ford of Britain, said: "As the UK
market leader in commercial vehicles, it makes sound business sense for us to
fully engage with the market leader in commercial electric vehicles.

"The Transit and Transit Connect are Europe-wide success stories for Ford.
Demand for zero emission vehicles is growing exponentially as the battery and
drive line technology improve their performance. Ford's collaboration with
Tanfield places us in pole position to fully exploit this opportunity."

Excellent news just before results on Monday as well!!

Good luck all holders

Yes excellent news - results due next tuesday 22nd april - not monday as above.

Yes, it's good news week! (for a change!) (MDC,NPE & EDD all doing well also.

I'm hanging on in there with TAN having bought at 90p a month or so ago,

Let's hope there's no nasty surprises in the results!

Quite possibly time to look at this one again, although may look for them to mirror an impending market sell off (imo) for a better entry point...

Nice rise the last couple of days so I've been a coward and taken my profit and run.

Some companies, particularly Aim have been hammered at result time and with results out next week, I'm not prepared to take the risk.

IMO if you've got a profit in this market you have to take it or possibly pay the consequences.

Good luck to those who are still in.

Tanfield's drop was partially due to shorters actions and profit takers after previous hikes in SP. I think the results will be good and longterm, even in present economic circumstances a good long term bet.

Agree fred - see post 545 re link up with ford - should benifit sp with shorters pulling out - electic is the future.

Has a great future of that there is no doubt.

Tis a stock I tend to trade though rather than hold for the long term

i dare say i have missed something (perhaps a bucketful of brain cells), but the figures and prospects look great to me ...... i reckon the sharp mark down is to pre-empt profit-takers, so have bought back in at 108.25 (i have been out for a few weeks)

I was going long on this....needless to say the stoploss did not work....really great.....can't make this out : good figures and prospects like cynic says...what happens it plunges...blast !

RF ..... if you mean you got stopped out but below the level at which you set, it is because you did not have a guaranteed stop ..... thus, if sp is marked down sharply, as happened here, then you get stopped out at that point .... hope that makes sense

Well yes cynic...did not have a guaranteed stop...did not expect a 14 to 15p drop on opening....the market's nuts nowadays !

Not really surprised by the fall.

Great cy, great prospects but in this mkt unless you are way above expectations you are going to get a pounding.

I've got HVN after results eps around 7.5 yet trades at 40p and didn't budge.

I want to buy in to TAN but feel it could drop further.

And look at it now minus 15.75p down...has the world gone mad ?

clearly more short-term money in there than i thought ..... perhaps a good chance to buy back in ..... POG were similarly a bit silly this morning, despite a firm BUY in Telegraph this morning .... have now done rather better than just recover!

TAN had been rising sharply in the lead-up to the results - it's not unusual for the sp to then drop on the actual day of the results.

It is possible that some holders have been disappointed by this:-

"Earnings per share increased by 194% to 3.59p (2006:1.22p). No dividend has been
declared (2006:nil). The retained profit of 10.4m has been added to reserves to
fund further business growth."

With expansion going on in the US, I would have been disappointed if a dividend had been declared at this stage.