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

Suggest that before dumping TAN that one checks projected PEGS, Turnover and EPS etc.
I think you will see the share price going up. Unless the shorters are back in town.

RNS confirms reduction of Deutsce Bank shareholdig by 4million shares.

halifax

So?

Do you realise what DB paid for their first 4 mil shares?

THOUGHT FOR THE DAY .....
if the new bottom line for oil is $100, and that is not such a far fetched assumption, and the short(er) term potential is somewhere north of $150 (i don't buy the $200 suggestion), then proven electric vehicles such as those produced by TAN become an very interesting proposition to end users

2nd THOUGHT FOR THE DAY

cynic have you any thoughts on the weakness of the dollar pushing up the price, the Saudi's had thought of changing the currency to get away from the dollar!! SD

$ is now slowly strengthening ...... also, while some of the other UAE states now work in a basket of currencies (i think), Saudi seems to have no inclination to join that party.

3rd thought for the day.

If there is a recession and people cut back on building and maintainance work, presumably that impacts the platforms business. Likewise if capital is short, then companies may choose to stick with "gas guzzlers" rather than invest in greener alternatives. If you assume that at some point the economy will slow significantly, the supply/demand chain will also reduce. Fewer deliveries for companies, and perhaps more "redundant" vehicles. No doubt electricity prices will also rise in line with higher generation costs (gas/oil power stations).

Personally I'll wait until the price comes back to around the 75p level before I think about investing again. That also depends on what else is going on in the wider economy and Tanfield though.

In my opinion.

Strawbs.

strangely, our own biz (chemicals worldwide simplisticly) which should feel downturn first, is still running flat out, though i confess i watch in fear and trepidation lest it all falls off a cliff

Colleagues of mine in the motor trade industry are moaning that it has gone very quiet, that is surely first line, likewise friends wife - a manager of a travel agent is saying the same... sorry off topic, but i agree TAN has a fantastic future ahead, but i will only be tempted at a lower sp than present...

I suspect India/China etc. will continue to take up the slack for a while. My biggest concern is that China's massive expansion has a sudden collapse, triggered by rampant inflation and the West shuting up shop with less demand for all those Chinese goods. That of course leads to big inventory build ups, which always creates problems if demand slides. In fact if the plan (think I read it somewhere but could be wrong) is to shut down a lot of production during the olympics to avoid pollution, a lot of the current over production/demand may simply be due to inventory building.

Just a thought......in my opinion.

Strawbs.

Can't see many people drving around in delivery vans or giving up their luxury cars. Sooner or later somebody will issue a report showing how much carbon is produced by generating electricity needed to power electric vehicles never mind the cost. It occurs to me the benefits are eroded by the continuing need to burn fossil fuels to generate electicity, although polution in cities could be reduced, polution would still increase as more electicity would have to be generated by power stations.

Yep. Always been a little odd that. Just because you don't see the pollution (from the vehicle) it doesn't mean it's not being produced elsewhere. I believe electric drive is more efficient than combustion engines, and I suppose nuclear and renewables play a part somewhere in the equation to balance/reduce the carbon foot print. I wonder if Tanfield will get into wind turbines/solar for installation on site (at depots). Maybe that would go some way to being truely green (if that concept can ever really exist).

In my opinion.

Strawbs.

running costs not eco-nomics will provide the stimulus

3rd thought the next day if Oil does get to $200 (you should be in oil shares) then all commodities will be more expensive including Leky that runs the so called cheap to run Tan vehicle.

OPEC is not increasing output indicating that it wants oil price to go to $200 - this will prevent recovery in global economy

The Last Oil shock a survival guide to the imminent extinction of Petroleum Man is a good read regarding this topic. To summarise says that alternative energies will never be able to match the declining oil reserves and huge changes will therefore ensue...

Falcothou
Except Uranium the new dot com commodity will keep the lights on and the world running VMLs a good one and at a bargain price.

If OPEC wanted oil to go to $200 they would cut production , they are not doing so and your talking crap hyleo.

OPEC do not need to cut production, and it is also very naive to believe that Saudi are pumping oil as fast as they can .... trust me, they are not!

Ahmadinejab is clearing influencing OPEC, you are certainly not too bright, Dil.
Read below...

President Mahmoud Ahmadinejad says the Organization of Petroleum Exporting Countries (OPEC) should make use of all its capabilities to safeguard the member-states' rights.

According to the Secretariat of Government Information Council quoting from the Presidential website, at a meeting with OPEC's Secretary General Abdullah al-Badri on Sunday, Ahmadinejad pointed to the current circumstances in the world and said "The OPEC member-states should establish a common bank and use one currency."

He then stressed that the oil importing countries make much more profit than the exporting countries, saying "To serve their own interests, some oil importing countries have created conditions that does not allow the product to be offered based on its real price."

Al-Badri, for his part, confirmed that oil is being sold at much less than what it should be and said "Relying on other currencies than the U.S. dollar in oil trades is being finalized by the OPEC."

He then pointed to Iran's positive role in OPEC and stated "If we stand united, no third party can have influence on issues concerning oil."