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

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

Tan growth rate for its last 3/12 is at over 900% pa.

Gee.

It looks like alot of investors missed the boat on this one early on due to the lack of posts on Tanfield considering it was one of the success stories on 2006 and most possibly 2007 the way things are going. I would love to hear some positive news on monday re: TNT pilot for Smith 7.5 tonner!

Annual Results due Monday morning.
Contract news? Fundraising share issue? US factory go-ahead? Vehicle launch?
Sure to be something.

Highlights:

Turnover increased to 40.9m, from 22.4m
Significant growth in profit
Robust balance sheet; 44m net assets
Built & delivered world's first high performance 7.5t electric truck
Confirmed orders for new range of electric vehicles
Fully integrated UpRight acquisition
Strengthened global distribution network
Continued significant growth in order book
Substantially increased levels of enquiry
Significant working capital to fund strong growth in 2007

Not much more to say.

TAN is undoubtedly a damn good compnay, but suspect sp will fall or at best consolidate for a while ..... imo, it has got rather heavily ahead of itself