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

Enova Systems Comments on Tanfield Group PLC







TORRANCE, CA, July 15, 2008 - Enova Systems, (AMEX: ENA and AIM: ENV and ENVS), a production company in an emerging industry and a leading developer of proprietary electric, hybrid and fuel cell digital power management systems, has announced that it has fulfilled, on time, all quantities of previously scheduled orders for drive systems delivered to The Tanfield Group PLC for their Smith Electric Vehicles division.




Enova supplies 100% of drive systems used in Smith Electric's Newton and Edison models. Enova does not supply battery container systems or any components impacting the supply chain issue referenced in Tanfield's interim results update released on July 1, 2008.




Among the items highlighted in its interim results update, Tanfield announced that although demand for electric vehicles has held up, it now expects lower forecast sales of electric vehicles. To date, Enova has delivered 450 drive systems to Tanfield, consisting of 306 units in 2007 and 144 units in 2008. Enova previously expected to supply Tanfield with in excess of 1,000 units in 2008 and as many as 3,000 in 2009. Due to Tanfield's realigned growth strategy, Enova now expects significantly fewer orders of drive systems from Tanfield in 2008 and 2009.




The Enova drive system design is suitable for different applications and vehicle producers. As a result, Enova believes it can mitigate any decline in Tanfield orders by redirecting inventory through sales and production with other customers. Enova customers also include FAW, IC Bus, Isuzu, Wrightbus, and Darwen.




"The market for electric vehicles is expansive," said Michael Staran, President and CEO. "Enova will continue to execute on its goal of becoming the premier clean vehicle solution in the medium and heavy truck and bus market."

Very good Fliper but is this good or bad!! Prx is bouncing a lot at the moment i would just sit back and watch

GOOD LITTLE REBOUND FROM THE EARLY DECLINE,HOPE OR WISH IT STAYS LIKE THIS.

180
Are you shouting, I agree with hangon when this settles down we could see a nice steady climb back to 50p+

Tan may finish even lower today at 7.75p as the dow jones is been battered and dropped to 10.906 points traders off loading stock for now.

Lets hope it does so i can buy another 50k at under 8p

Jub, with your information, why stop at 50K.

don't want to be gready! always leave enough for the next man!

j
do you mean pass it on quick?
sounds like that nice friendly family fun game of pass the parcel.
lets hope the music never stops.
it always does. and then restarts.
if it stops with me, at least i know i'm not out of the game.
i use money management.
the mm's must surely know where all the stops are.
anyone who can afford a zero stop wont be concerned.
be careful.
regards
jkd

another great bit of info by shadow 7.5p and in finished closer to 9!!!!

Shadow stop wasting all our time

RNS Number : 2409Z
Tanfield Group PLC
16 July 2008




Tanfield Group plc

(the 'Company')

Director/PDMR Shareholding


The Company has been informed that Dr John Neville Bridge, a non-executive Director of the Company, purchased 25,000 ordinary shares in the Company at a price of 14.75 pence per share on 14 July 2008. Following this transaction Dr Bridge holds 47,500 shares representing 0.01% of the Company's current issued share capital.

RNS Number : 2450Z
Tanfield Group PLC
16 July 2008




Tanfield Group plc (the 'Company')


Holding in Company


The Company was notified on 16 July 2008 that the Lehman Brother International (Europe) has voting interests in 11,335,634 ordinary shares in the Company which represents approximately 3.06% of the issued share capital of the Company.

Never been tempted in this stock or anything that competes with oil. They look in severe trouble and appear to be badly managedI feel sorry for those that have taken a big hit.but it smacks of a complete wipe-out to me!

aye tabby

cynic got a good kick in his balls on tan......if he's got any balls that is......i think he's one of your immigrant friends that u might bump into at M&S(as he runs out with mercandise under his arms, lol)

might do if M&S stocked anything worth nicking!

Sticky chocolate puddings nice!

The company is not looking to prospereous. In addition a RNS is due to be released that Mr Roy Stanfield is expected to resign, as the chief operator at Tanfield Plc. As the company is now classed as a high risk. the share price is due to be sold off today.

Shadow, Very perspective. On what do you base your opinion. The Mid price is up at 9.89, the B/S 40/15 the volumes of trades are up compared with recent few days. Are you B/s as per usual.

I think I would ignore advice given in your postings.

Shadow, Very perspective. On what do you base your opinion. The Mid price is up at 9.89, the B/S 40/15 the volumes of trades are up compared with recent few days. Are you B/s as per usual.

I think I would ignore advice given in your postings.

i would, it was being taken over on monday what a difference a few days.