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

Where on earth do people get the idea that this is going to go bust like tomorrow...total rubbish.....really....you would think that people would think....or.... or perhaps not in the UK now, otherwise we would not have the muppet government we have now !, but anyway let's be fair : Tanfield has its problems but they are not insurmountable....look at Marks and Spencer...if they can survive the USA downturn and come through the other side without having to sell off everything then they will recover.....which brings me to the point : big director buying (see after hours RNS)...that can't be bad...!.

BT, I hope you don't suffer another loss, as I am riding on the same horse. 8-)

As much as I would like to day trade this, the huge spread and more importantly the independent auditors worry the hell out of me. If everything is OK then these are well undervalued which will be reflected when the SM recovers. However, if the auditors uncover problems (remember WNG!) then they will tank 50%.

Stanley buying doesn't sooth my worries. Worthington (WNG) if I remember correctly purchased loads of shares at around 112p and look what happened to them! I hope TAN survives and recovers but tis a gamble and as I hold too many dodgy shares, this is one I'm not prepared to take atm.

I think for the good of the Aim market Tan needs to recover because you could argue amongst PI's it took over from SEO as the flagship company. Unlike many other companies, I have never lost money on Tan so have no axe to grind. When I came back of hols I was genuinely shocked at the share price crash and it sort of loses your faith in the SM.

So here's hoping it recovers and good luck to those who hold.

that reminds me i need to get some sun cream

Mismagement is not the sole right of AIM Stock, but it might be more often. Carter was a large FTSE company and cost me a packet.

Likewise I lost on Carter and Carter as well!

Got back in @ 6.86p as a longer term recovery play earlier this morning...

this just released
LONDON (Thomson Financial) - Recently hard-hit Tanfield Group rebounded 1.24 pence to 6.89 pence following news that chairman Roy Stanley has snapped up 4.42 million shares at a price of 5.6 pence apiece. Sentiment was also underpinned by the disclosure that Goldman Sachs sits on 7.83 percent of the equity and Deutsche Bank 6.67 percent.

Now top sliced for a free ride, waiting for market to take the pee again to top up. If this dosn't happen then I wont lose any sleep as it dosn't really matter.

Chairman Roy Stanley GETS 4.42 million shares at 5.6 p LUCKY MAN.

not if they drop to 3p!!!! lol

RNS Number : 7312Y
Tanfield Group PLC
09 July 2008



Tanfield Group Plc (the 'Company')
Director / PDMR shareholding

The Company announces that it has been informed that on 9 July 2008, Darren Kell purchased 1,000,000 ordinary shares at 5.85p. Following this Mr. Kell holds a total of 1,000,000 ordinary shares, representing 0.3 per cent. of the Company's issued share capital.


5.85p! How did he manage that?!

Baylis,
Roy Stanley also bought a further 3,700,000 ordinary shares at 6.69p yesterday, I wonder why he didn't buy the whole lot in one go, would have saved him a bit!

another 1,000,000 director buy..this will go over 10p tomoro...eassy money!

RNS Number : 7312Y
Tanfield Group PLC
09 July 2008



Tanfield Group Plc (the 'Company')

Director / PDMR shareholding



The Company announces that it has been informed that on 9 July 2008, Darren Kell purchased 1,000,000 ordinary shares at 5.85p. Following this Mr. Kell holds a total of 1,000,000 ordinary shares, representing 0.3 per cent. of the Company's issued share capital.

Keep up Maestro! For a second there I thought some more buying had been going on!

A conundrum: is Roy Stanley a genuine guy or a crook? Has he been hoodwinking the public at large by pretending to be an entrepreneur who thought he knew that things would work out fine or one who knew there was no chance but would take the money and run?

If it is the latter, then by buying bulk shares in Tanfield and Darwen Holdings he is merely hoping that the sp will take off and provide him with a much more profitable platform from which to jump ship.

If it is the former, then good for him for putting his money where his mouth is, so to speak!

I don't know the man, but recently have learned more about him from every source: the learning has been hard and, frankly, has given me no lucidity. I would like to think that he is genuine and really has his companies' and employees futures at heart. Call me a mug, but I am tempted to back the man!!

Having said a few days ago that I thought the figures looked too dodgy, I have today taken - well, not the plunge but a dip. Decided to take a small punt after all!

Squeezing of shorts in progress please stand clear!

This is a bit like a lift in freefall that's hit the springs at the bottom of the shaft....boiiiinnngg !,.....might stabilize between 10p and 18p or so !.

now 10.75p

at least i am recovering 1/4 crumb from the disaster - lol!