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

Latest company newsletter is here
http://www.tanfieldgroup.co.uk/Newsletter_Upright_Issue30.html
- naming the prizewinner of that Shelby Mustang

And more news coming from the same division next week apparently ;o)

The future is green for UK's white van men

Terry Slavin
Sunday February 18, 2007
The Observer

A small Tyneside company that has manufactured milk floats for 80 years is aiming to turn 'white van man' green by producing what it claims are the world's largest zero-emissions commercial vehicles.
The first battery-powered delivery vans off the Smith Electric Vehicles production line in December were snapped up by logistics operator TNT, Starbucks, Sainsbury's and Marks & Spencer, but many other major retailers are in talks to buy the vans, the company says. They have a top speed of 50mph and a range of 130 miles between battery recharges.

On top of their green credentials, the vehicles are exempt from the London congestion charge and road tax.
M&S said the vans could replace its urban diesel fleet and potentially play a large role in helping it become carbon-neutral.

It is a stunning turnaround for Washington-based Smith Electric Vehicles, which has seen its milk-float business curdle over the last few years. Dan Jenkins, a spokesman for Aim-listed The Tanfield Group plc, which bought Smith's in 2005, described the electric vans as 'the supercharged son of the milk float'.

Later this month Smith's is to launch a nine-tonne version for Europe, followed by a 12-tonne model for the global market in March. In April it will launch an electric version of the 3.5 tonne Transit van.



From The Observer today

A write up on a site visit to Tanfield Group last week has been posted on a Motley Fool msg board. One or two points made about sales of access equipment sound to me incorrect - but a few useful observations in it.

Tanfield Visit Report

EDIT: Turnover in 2005 was 22.4m, and looks likely to have been about 43m in 2006. In that MF report, chairman Roy Stanley is quoted as being comfortable with a figure nearing 100m for 2007.. and is suggesting a whopping fourfold increase to 400m in two years time!!

Tanfield Group PLC
19 February 2007

Tanfield Group PLC



Change of Adviser



The Board of Tanfield Group PLC is pleased to announce the appointment of Cenkos
Securities plc as its Nominated Adviser and Broker and St. Helen's Capital plc
as Joint Broker with immediate effect.



Roy Stanley, Chairman of Tanfield Group PLC, has an interest in 5,052,493
shares, representing 18.5 per cent., of St. Helen's Capital plc.

Hmm.. interesting that. Three people from Daniel Stewart (Tanfield's current (now previous?) house broker) have this month moved to St Helens Capital. And there are suggestions that the April results may be brought forward by 5 weeks to mid-March. Definitely seems to be something significant happening - and all this prior to the launch of what could be its biggest-selling van range - the Transit-sized 'Edison', coming in April.

godd figures are always quicker to add up than bad ..... that is exactly why one needs to be very wary of companies that say their figures will be announced later than expected

Intriguing. We have Tanfield installing two brokers in place of one, results possibly being brought forward. We recently saw an investors' presentation roadshow in New York, followed by the 'Big Blue Is Back' splash in Atlanta, and new factory about to be built in California.

Are we about to see a US stockmarket listing for Tanfield?

Pointed out by posters elsewhere - ceo Darren Kell was a speaker at a fleet management conference in Miami last week. See the 12noon item in Feb 20 schedule at http://www.eyefortransport.com/fuel/agenda.shtml
Kevin Harkin, Sales Director at Smith Vehicles spoke in the 10:30am session on Feb 20, and 11am on Feb 21. Smith were top of the list of sponsors.

Tanfield.
The Tanfield Group will this year expand its range of zero emission vehicles to include an all-electric van; minibus; and two new trucks specifically designed for use in Europe and North America. The right products in the right place at the right time

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.