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

Hmm.. interesting that. Three people from Daniel Stewart (Tanfield's current (now previous?) house broker) have this month moved to St Helens Capital. And there are suggestions that the April results may be brought forward by 5 weeks to mid-March. Definitely seems to be something significant happening - and all this prior to the launch of what could be its biggest-selling van range - the Transit-sized 'Edison', coming in April.

godd figures are always quicker to add up than bad ..... that is exactly why one needs to be very wary of companies that say their figures will be announced later than expected

Intriguing. We have Tanfield installing two brokers in place of one, results possibly being brought forward. We recently saw an investors' presentation roadshow in New York, followed by the 'Big Blue Is Back' splash in Atlanta, and new factory about to be built in California.

Are we about to see a US stockmarket listing for Tanfield?

Pointed out by posters elsewhere - ceo Darren Kell was a speaker at a fleet management conference in Miami last week. See the 12noon item in Feb 20 schedule at http://www.eyefortransport.com/fuel/agenda.shtml
Kevin Harkin, Sales Director at Smith Vehicles spoke in the 10:30am session on Feb 20, and 11am on Feb 21. Smith were top of the list of sponsors.

Tanfield.
The Tanfield Group will this year expand its range of zero emission vehicles to include an all-electric van; minibus; and two new trucks specifically designed for use in Europe and North America. The right products in the right place at the right time

Participation in that Miami conference was apparently part of an awareness-raising campaign to put Smith sales chief and products in front of some seriously important fleet-owning decisionmakers, and from what I hear went extremely well.

Must've been a good speech. :-)

With so many corporates wanting to demonstrate "green credentials" the market should be pretty large. Where one goes the rest tend to follow rather than be singled out as different. Does anyone know if they have any major competitors or have they cornered the market?

Do your own research, in my opinion, etc.

Strawbs

Spartan and Balqon in USA working together to supply Port of LA with contract for $85m to supply electric tow tractors over the next 5 years ..... i think you will find that is signed and sealed.

cynic, yes I think the US is quite well served with suppliers of its own for electric on-site utility vehicles. Difficult to imagine them bothering to go abroad, other than for the manufacture of stuff under their own badge. I don't know if Tanfield have previously sold any tugs/tractors/etc in the States, or whether they ever expect to. Or whether they are eying up any acquisition as a route to market there.

Looks like the hint in Post 86 was correct - results scheduled for 26/4 will be released several weeks early. Could be within days. What should we read into that?

good figures are always easier to publish! ...... cannot believe it is bad news

.

Guests meet the UpRight Girls..

65 other photos from their Atlanta party are included in last week's UpRight Newsletter 33


(There is a later Newsletter Issue 34 but not nearly so interesting)

PS: We now know that Tanfield's Annual Results must emerge on one of nine trading days from March 20-23, 26-30

And the chosen date is.. Monday 26 March

Tanfield Group Plc. The Company has been informed that Deutsche Bank AG has an interest in 9,001,015 ordinary shares in the Company which represents approximately 3.08% of the issued share capital of the Company. Last six months news report can be viewed at www.shareclubuk.co.uk Smiths is very much a green company, with the right product in the right place at the right time.. 19th March Tanfield gives notice that it will issue its Preliminary Results for the year ending 31 December 2006 on 26 March 2007.

Days ahead of the Annual Results, Prudential plc has now upped its Tanfield holding to 37.8m shares - nearly 13% of the company. Upwards of twenty funds are now onboard, and own more than half the company between them.

took profits here a couple of weeks back, merely to reduce general exposure ...... chart below shows just 25 and 50 dma as 200 dma has been left far behind ..... trading volume seems to have fallen away recently, but that could be argued as no bad thing - i.e. a zillion lemmings not leaping aboard just before the figures (due week today = 26th)

having seen a very tasty 8% clear profit overnight, have decided to take it ..... i still think the company is first class, but just feel that many of these "green" companies have shot up too far and too fast today ..... am certain that i shall be back in here in due course

Decent spread on this: TAN Bid: 100p Offer: 101.5p Change: 8

This one is doing well. Pity I didn't get on board at 45p when I was thinking about it!

The story still looks good. I was particularly interested by what one recent RNS said about the M&S order of Newton vehicles, i.e. that the retailer is buying the vehicles in order to meet carbon footprint targets. There could be a lot more of that sort of byying to come in the near future (makes my AXE holding look safe, too, but PDYOR).

Might watch and buy on a dip. Good luck to any holders out there.

thoroughly agree .... arguably took my profit too soon as sp has poppd up another 3p since i dealt, but a decent profit is a decent profit especially over such a short timescale