Ok you watch. I have seen this sort of move so many times in the past.

Well i got to admit i did expect the details today.
Having read the rules of the LSE I definately interperit it that they must
announce them tomorrow to qualify for this financial year.
I think that if it does overflow to next year then the next accounts could be a little bare, but i can be surprised!

M

really getting brassed off getting up early. about time tad issued an rns. its like toothache. you suffer so long with a throbbing pain that you just want it to get better or worse.

Rod,

I can assure you that it isn't like toothache. Oil of Cloves would have no effect on it!

It has been said elsewhere that there is no reason why the matter has to be concluded in this FY. In fact, it might be better if it were not. That way, the comparison with previous reporting periods will be relatively clear. I assume the costs of setting up the deal etc will fall into the same period as that when the deal is ratified. Is this correct?

indieman
i think tad would like to fudge the full year results as this could possibly be a reason why they have done the deal.
If they were going to be open with shareholders they should release a trading update as the figures we have got aren't helpful currently.

It is up to shareholders to ensure there is no possible fudge and the results are made comparable to last half year and full year results. Surely that comparison is a given? If you believe Tad management want to fudge them, you must believe the outcomes without the merger are bad.

This raises several questions:-

1. Why you think the results will be bad.

2. Which parts will have underperformed and why.

3. When did you reach this conclusion.

4. Is this just nerves due to the long wait for the document.

5. Why you are still invested in the company, if you think the results are bad and the management likely to fudge the results.


FWIW: I suspect managements of most companies are creative with financial results to some extent. I know of a pharma company which used to deliver huge stocks of medicines to airport warehouses immediately prior to the end of the financial year. Medicines moved off-site were counted as goods shipped and could be included in P/L accounts, regardless of whether the client had received and paid for them or even ordered them yet. Once done, this had to be repeated each year to avoid a drop in profits/value of good shipped/TO etc. I doubt this was unusual at the time.

indieman
It's based on the fact that we have no facts on this deal yet and as tad have disappointed in the past I am assuming they might do so again.
The technology is the right technology at the right time and they have good traction but they are not being as open with shareholders as I would like and I want to be able to vote all my shares at the EGM.

www.geoplace.com/uploads/featurearticle/0409max.asp

Consumers Energy, Michigan's largest electric and natural gas utility, had a vision. The organization knew there had to be an automated way to take its GIS maps and data and get them into the hands of the field crews who perform the work.

Project managers would produce map books and pass out hundreds of copies, but they had no electronic way to deliver the information enterprisewide. Nor was there an automated way for field crews to update the maps when their facility records were in error.

In January 2002, the utility selected Tadpole-Cartesia, a software business unit of Tadpole Technology plc, as the prime contractor for its field-device graphical application system project. Now the organization has put task and spatial data into the hands of more than 1,800 field engineers

Indieman and yuff.
what is the point of second guessing? all will be revealed and we will be rich or bankrupt. the 600k sell was no help. i dont like trades that size ( unless they are buys and im long ). no-one sells that many unless they are peed off. or have insider info. IMHO

Rod,

Probably easier to say if you don't hold a lot than if you do. I hold none. A lot of the comment made recently calling for information is from people who know they won't get it. It's just displacement activity and is a sign of nerves from people used to being more in control than they are now.

Hope you've recovered from the hols.

Indie

indie
I don't think it is a sign of nerves from a lack of control of info, after all tad have been pretty bad at being up front for a very long time. One might say it is disappointment that the board have not taken the opportunity to be more open, they have not released as much meaningless pr since BH went which is a good thing, but they do like to hide behind the fact that a lot of their technology is based on downloads and hence difficult to quantify in $ terms, possibly true but very convenient.
I would like to see a trading update with this document as there is no real guidance for the next couple of years and with all the new contracts announced pre ST acquisition we deserve to know how these are doing!

Yuff'
I wasn't thinking of lack of control of info, just not knowing which way to jump. In other words, not having the info rather than not controlling it.

I can't comment on the download business, since I know less than nothing about it. I just let the price do the talking.

Just surfing in to find out if anyone's abusing my name on here....following reports on iii.
Doesn't look like it ;0)
Good luck all.
D.

Indieman

fully recovered thanks, hope to see you soon at a venue near me.

Hi Densil

Its quite civilised here now, drop in again sometime your always welcome.

M

Rather quiet on this BB. It does seem that our combined chart analysis was correct and that w/o sustained volume Tad will continue to languish in the 10/12p range - well done Indie.

yawn very dull on the tad front.
Going nowhere but down it seems.

I think the end of October before we here anything. goal.

And another week begins!
I am also fed up with this no news syndrome, but I am of the opinion
that it will be worth waiting for, when it finally arrives.
It has crossed my mind that the delay, if thats the right word, is because the details could not really be submitted to all the relevant bodyies untill the
Softbank deal had been announced and was in the public domain.
If this is the reason then I am afraid we have another couple of weeks of
waiting!!!!
I hope I am wrong on that score, but I know we will soon be joining the big league.

M

Cant see it moneylender - no news is bad news.