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

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."

It OK boys, now that Bush and Blair have sorted out Iraq and made the West flavour of the month, oil will flow like water.

Cheap as chips in a few months.

Long live USA's foreing policy and poodles.

Bomb Iran I say. That will sort the B...s out

bomb russia too off the map.....they have tortured and murdered so many of the slavic nations over the last 100 years.....and are still bullying some of them like ukraine....let alone poisoning their president.

They are talking about currency issues hyleo , if they were serious about increasing price as you suggest then they would limit supply ... this never happens as the Saudi's won't allow it and always or nearly always make up any shortfalls and thus bring stability to the market.

The imposed sanctions on Iraq for many years by the West not only caused a lot of human strife but has also permanently damaged the oil reserves of Iraq. Essential equipment required for pumping clean water into the wells to pressurise was not permitted through the censors and so dirty water was pumped in which according to the book mentioned reduces the potential recoverable oil. Not perhaps what the oil hungry USA would have wanted. Having said that prices seem to be currently driven by the eurodollar, Us inventories (currently building), supply constraints, ETF's and political tensions some of which seem manufactured e.g. a ham radio operator pretending to be an agressive Iranian!

I wonder if TAN is developing an electric hearse to take all the bodies away! At least there wouln't be any noise polution.

RNS Number : 2758U
Tanfield Group PLC
13 May 2008


13 May 2008

The Tanfield Group Plc
("Tanfield" or "the Group")

SMITH ELECTRIC VEHICLES - ORDER BOOK DETAILS

Tanfield, the leading manufacturer of zero emission electric vehicles, is today able to
release details of part of its existing order
book following an event held yesterday by one of its customers. TNT has publicly announced
that in addition to the 50 vehicles ordered last
year, it has ordered a further 100 vehicles from Smith, 50 of which will be destined for the
UK market and 50 of which will broaden the
roll-out of the Smith vehicles in mainland Europe.

This order constitutes the largest single order ever received by Smith to date, and was
included in the recent order book announcement
stated at the Group's preliminary results on 22 April.

TNT is a European market leader in global express, logistics and international mail
services and has a fleet of 45,000 vehicles across
Europe of which 3,500 is the UK vehicle fleet.

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

"We're delighted by the strength of our continuing relationship with TNT, who have been a
great customer and partner of Smith Electric
Vehicles. Following the clear operational success of our vehicles with the TNT fleet, we were
able to secure this very significant order
from a major operator. The continued roll-out of our vehicles into mainland Europe bodes
extremely well for further opportunities in these
markets"

ECV - mentioned in post 346 are on the rise - can't find any news/recommendations?

TAN could not maintain its act today

Created: 14 May 2008 Written by: Jonathan Eley
Tanfield is a company that, for a while, captured the imagination of investors like few others. Its electric vehicle business, which adapts standard van and truck bodies to run on electric power, seemed to have found a sweet spot in today's eco-conscious vehicle market. Its shares soared from around 20p at the start of 2006 to over 200p by the middle of last year. Then, things started to unravel.
The shares have now halved from those heady peaks and are bouncing about at 90p or so. Recent full-year results showed worse-than-expected cash generation, and the market is clearly worried about its exposure to a flagging US economy, especially in its powered access division, which makes 'cherry pickers' and other working-at-height equipment.

Looking at the share price chart, it's clear the rot set in with the group's acquisition of Snorkel, a privately-owned US powered-access equipment maker. This was a major deal requiring additional capital from equity markets, and Snorkel subsequently soaked up extra working capital too. A statement issued yesterday, providing more detail about the order book at Smith Electric Vehicles, has not done a great deal to reinvigorate the shares.


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IC VIEW:
FairlyPricedTanfield shares are modestly rated, and the company is making efforts to reassure investors that slower economic conditions have not impacted its order book - at least, not yet. But the market has moved onto the next big thing, and the shares have lost all momentum. Fairly priced.


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copied from advfn site

Dan Jenkins Tanfield

subject - re callback request - smiths
to .....................
date Thursday 22 may 2008 12.15pm

No you are not missing something, the fundementals underpinning business are even stronger than they were last year. There are some bears in the market who have succeded in driving down our shareprice but we are working extremely hard to combat this and remain committed to delivering shareholder value. This is not an empty statement, management is putting tremendous effort into tackling this issue. We do not believe the current sp reflects a fair valuatiion for the company and its growth prospects but we are convinced that by contuining to deliver a high level of profitable growth, as we have donefor the past three calendar years these bears will go and find a genuingly struggling company to attack instead of a sucessful and profitable one.

best wishes

dan