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Tanfield Group - any info out there? (TAN)     

mr mike - 21 Jan 2004 13:49

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

cynic - 10 Jan 2008 16:52 - 441 of 1076

we shall see ..... i am (was!) overweight here, but also intend to continue to hold, for all sorts of good reasons, not least being their consistent delivery of promises and regular orders from quality clients ..... indeed, with oil seemingly rising inexorably (not true of course) and tax incentives for lowering sulphur dioxide emissions and the like, one could argue that there are now even stronger reasons for delivery vans and the like to be switched from petrol/diesel.

halifax - 10 Jan 2008 18:26 - 442 of 1076

Does anybody know how much it costs to run their vehicles. If the oil price drops to say $60 will it be worthwhile buying vehicles powered by electricity?

cynic - 10 Jan 2008 19:03 - 443 of 1076

TAN might well be able to tell you, but in any case, anti-pollution laws are bound to get tougher

almoore - 10 Jan 2008 21:13 - 444 of 1076

halifax

look on advfn site . free bb - excellent tanfield info

Iankn73 - 10 Jan 2008 21:19 - 445 of 1076

Halifax,

I don't think the price of oil will determine whether it will be worthwhile buying electric as this will be driven by governments to reduce carbon emissions on a global scale.

As for the running costs I'm not sure, although if Royal Mail, dhl and the likes are happy to purchase them then I dare say they have already done their homework on the running costs.

WOODIE - 11 Jan 2008 09:51 - 446 of 1076

where is the next support level

kimoldfield - 11 Jan 2008 10:08 - 447 of 1076

Will somebody re-charge this sp please!!

driver - 11 Jan 2008 11:14 - 448 of 1076

Kim
Dont do a SEO it might be time to get out as WOODIE says where is the next support level?

For me this is starting to look interesting and may come in at some point.

kimoldfield - 11 Jan 2008 12:41 - 449 of 1076

Too late for me to get out Driver, so another SEO for me ;o) Not really concerned as I am holding long term, maybe in this case long, long, long term!!

hangon - 11 Jan 2008 13:26 - 450 of 1076

Running costs are not the issue, IMHO ( if you mean fuel-cost per mile) - as the main benefit of Going-Green is the ability to get noticed (Publicity!). . . . This is at the same time as many Companies will jet their Execs to a meeting in some far-flung part of the World.( ie Waste).

As congestion-charges rise, to satisfy City-spending ( ie nothing to do with any notional pollution cost), then TAN will see good business in the regions surrounding London ( and other Cities also, as they find this easy tax-money).

Generally (in a downturn), Companies will conserve their Cash, and maybe that means keeping all vehicles a little longer.
I understand TAN sp rise is from the small/medium delivery vehicles, although they do have an "access" business also....which is likely to remain flat as companies can hire such equipment. It may be this that has caused them to expand into vehicles.... dunno.

Fred1new - 11 Jan 2008 14:08 - 451 of 1076

I think the issue is that it is being shorted.

I tried to place a share bet, but CMC don't cover AIM at the moment.

Any body know of any other company who do or who CFDS.

I am also a long term holder but woul like a few more at this price.

The Fuandamentals (If you can bekieve them) seem solid.

ptholden - 11 Jan 2008 14:19 - 452 of 1076

Any number of SB / CFD outfits Fred, IG springs to mind

halifax - 11 Jan 2008 15:19 - 453 of 1076

The market is trying to bring the price earnings ratio down to sensible levels, dont forget TAN is still only a vehicle manufacturer and has production constraints.

skinny - 11 Jan 2008 16:11 - 454 of 1076

Fred CMC do cover it for spread betting!

Fred1new - 11 Jan 2008 16:43 - 455 of 1076

Skinny, No they don't. There is a bid/sell screen, but it is a trial and they are not set up for trading, but along with some other AIM stock they may be introduced.
I tried on line and tel.


Nuisance!!

skinny - 11 Jan 2008 16:45 - 456 of 1076

Fred - ok - I must admit I hadn't tried using it :-)

almoore - 14 Jan 2008 07:58 - 457 of 1076

positive rns released

cynic - 14 Jan 2008 08:15 - 458 of 1076

very .... and if i was not already heavily enough into this stock, it would be tempting to buy more

steveo - 14 Jan 2008 08:31 - 459 of 1076

Have decided to join you guys, watched this for a long time, rns is spot on. Unlikely to dip below 100p again imo.

cynic - 14 Jan 2008 08:43 - 460 of 1076

unlike some flakey E&P oil/mining minnows, TAN is singularly unlikely to go belly-up!
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