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

A well established company named Jarvis have put together a deal to take over Tanfield. They have formatted a package that will suit this Engineering company as there expertise suggests to turn around the company in a period of time. A 40p bid is set to declared later this afternoon or weekend announcement From Jarvis. Mondays opening will be significantly higher.

where did you get this info from??? just want to make sure you are correct befor I buy some more????

Hans Christian Anderson

Didn't he do the ugly duckling!!

Nice story, but where's yr evidence? - Many TAN shares are being sold at 11p-ish as punters and their Brokers take profits from recent Lows ( c.5p). Can't blame them for that - - - but Jarvis?
Is that [JRVS], the Rail company?- They might be big-enough - but, No! - their expertise is not in manufacture, it's (meant to be), in running large contracts as per Rail-Track....so I'm most surprised anyone ( esp. JRVS), would bid 40p when they could get away with far less..........how did you come across this?

Having said that, the [JRVS] work might make them a Buyer of said access equipment and any new-developments of the same - so as to reduce their contract-costs. At these low prices it might make sense, perhaps as part of a Consortium...
..= pure speculation...isn't it?

I don't believe it, sorry.....time will tell
- I hold a few from recent turmoil.

Yeah and that was a load of old b*llox too Jub :-)

not wrong Dil and i'm young enought to remember!!! I notice the shadow hasn't come back with a response shock horror... !!

The information is relevant regarding Tan a bid is to be announced as the Jarvis as long term experiance of transport. In addition as Mr stanley and golman sachs bought shares recently this was classed as to revitalise the company as no debt is occuring only profit. Therefore a take over bid is due for TAN details to follow .40p.

Jub, I think "story" a load of rubbish. At 40p there are too many punters out of pocket and that undervalues potential of company.

Have a look at the prx of JRVS they aren't exactly booming... I'm not sure about this one, i've asked two different mm and they haven't heard anything...

I do think this stock will bounce back to 16-20p but not because of a take over

if there was a bid comimg on monday the market would tell you, they would not be trading down.
at the current market price no company would pay over 200% premium to the current s/price, what they would do is build a stake at cheap levels first.

WHAT A DAY.

shadow ... Not overly bright.

Shadow - I know that shares are tightly held - so I will let you have 50% of my holding for 20p ps.

Let me know before the off on Monday

OK shadow .... how many you want for 30p , I'll fill your order and you make an easy 33% when the bid comes , wunderbar !!!!!

Let me know anytime in the next 3 days .... dickhead.

Shadow, goldman Sachs actually sold down there holding on there last transaction from about 9% to 7%.

Thomson financial put out a misleading note, I think it was wednesday.

The news of the take over has pushed these sky high!!!!! Like we all said no take over

shadow has been posting the same relentless drivel on advfn under the riptracker name and on iii under another. Instantly recognizable from the grammar and spelling :-O

RNS Number : 9524Y
Tanfield Group PLC
14 July 2008


Tanfield Group plc (the 'Company')

Holding in Company

The Company was notified today that Barclays plc holds 20,404,095 ordinary shares in the Company, representing 5.51 per cent. of the voting interests in the Company; Pictet Asset Management Limited holds 17,500,000 ordinary shares in the Company representing 4.73 per cent. of the voting interests in the Company; and that Deutsche Bank AG no longer holds a notifiable interest in the Company.


This information is provided by RNS
The company news service from the London Stock Exchange

END


HOLEANXDFAAPEEE
==================================================


Goldman Sach has also sold its total hold.(coulTd be due its own problems)

The above probably account for some of the price movement over the last few days.

Quite a fall today on 10/12 million trades, marginally more sells. 10/10.5 is getting tight, so some common-sense must be dawning....but not yet

Look, the City thought this Snorkel-deal was worth 1.60 - but they've found out - they overpaid to get their Xmas07 Bonus "in the Bag". Yet they must have looked at the figures - werer they "so-wrong" - I doubt it, maybe even half (=80p) wo8ld be underpaying...
Well now it's come undon and PI's aren't too happy - except of course the level of Dilution was far less. Goody!

SO, City, you got it wrong, but I suspect not "that wrong" - most of this fall is Market driven and fair-value must lie somewhere 50-80p - let's not forget they are opening new sales offices in the Middle East - and they have plenty of cash - if Snorkel can find a route in there ( with the UK expertise, etc.), then this will turn Snorkel hugely. Don't forget that the US in Iraq will prefer to use US-sourced gear...so again there is a plus.

What we need is the results from the Auditors to know what's what. Only then can collars be felt. I suspect this will go on and on, but hopefully there is a sound business with "future earnings" written large.
The current sp hardly covers the doors of the electric vehicles - this was always a small-part of the total, yet PI's here and elsewhere only looked at the elec.veh. but at these levels that has to be undervalued.....City types examined the Books only last August.