does tanfield have 2 good businesses ( smith electrics and upright)which are good value for the medium to long term hold ?

Battery orders from TAN & SEV US

Valence have received orders from both sides of the pond for batteries to power the Smith Newton and Eddison vehicles.

Don't get too despondent cynic, Tanfield/Smith are still in business!

A bit of action, nothing announced by TAN yet though.

Proton Power Systems sign MoU with SEV

I think the news is good for TAN. and I need some good news at the moment.

Let us hope it is reflected in the price.

These have a had a bit of a run up of late - I can't find any news - anyone?

There is a lot going on at the moment skinny. Just to give you a "taster", take a look at these:-

http://www.sev-us.com/

http://bdaily.info/news/business/03-03-2010/france-plugs-into-tanfield/?utm_source=bdaily-bulletin&utm_medium=email&utm_content=stories&utm_campaign=bulletin-click-throughs

http://www.transportengineer.org.uk/article/22854/Bunzls-green-distribution-drive-leads-to-Smith-electric-truck-hire.aspx

Thanks Kim.

Still a long way to go yet though skinny!

a lot going on but funnily enough it never seems to affect the price positively.

I think that will be the way it is with TAN until we see a really positive RNS quoting large volume sales either in the UK or other parts of the world, the US in particular. That could be some time away but there is no denying the slow increase in momentum is being maintained.

You must be a happy boy Kim!

Sort of skinny! I had expected an offer from SEV US but as far as I'm concerned it has come too soon and significantly undervalues TAN's EV division (potential wise). As I said though, there is a long way to go! :o)

that was bad timing wasnt it ..... any one with idea of worth of Tan after off load of Smiths electric?

That is a tough one tipton! The offer seems to value what is left as nil. In a recession free world however, TAN would have a lucrative Powered Access business and though things are picking up, I think it could be some time before that section produce meaningful profits.

Kim - there's a bit on here about Tanfield which might be of interest to you.

Thanks skinny. A good article, couldn't have put it better myself!

very helpful .... thanks

Somebody has faith in Tanfield.

Subject:
Date: Thu 1st Apr 2010 7:56:25
Region:
Market sector:
Company: Tanfield Group PLC


DJ Tanfield Group US Associate Company Gets More Grant Funding




LONDON (Dow Jones)--Tanfield Group PLC (TAN.LN) said Thursday its U.S. associate company, Smith Electric Vehicles U.S. Corporation, or SEVUS, has been awarded an additional $22 million funding grant from the U.S. Department of Energy, or DoE.

MAIN FACTS:

-The funding will be used towards the production of its Smith Newton electric truck.

-This funding is in addition to the $10 million DoE grant announced in August 2009 and is the result of SEVUS working closely with the DoE for several months.

-The DoE funding incentivises major fleet operators to participate in a nationwide demonstration program.

-Qualifying companies will receive a subsidy towards the cost of electric trucks, in return for providing operational data back to the DoE.

-The additional grant means SEVUS can now produce more than 500 of its Smith Newton all-electric commercial trucks for the program.

-Some of the funding will also help SEVUS to offset the cost of future product development.

-Tanfield owns 49% of SEVUS, with the remainder owned by private investors and SEVUS's senior management team.

-On March 10, SEVUS made a conditional, non-binding offer to buy Tanfield's Smith Electric Vehicles Division Assets, conditional, inter alia, on SEVU.S. financing.

-Shares closed Wednesday at 32.0 pence.



-By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com

Wouldnt it be nice if the Uk govt was prepared to support Tan with orders rather words .... US seems to understand the difference between cash and words.

TANFIELD GROUP PLC ("Tanfield")


Notice of Results


Tanfield announces that it expects to publish its results for the year
ended 31 December 2009 on 7 May 2010.

sorry - duplicated below