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

And suddenly I read an old RNS from Tanfield....seems their 5% holding in Smith Electric vehicles ( rather a small holding, considering the Co blurb suggests they are heavily into vehicles as well as "Access" )...or did I overlook a really large holding-business in EV?..... Well it seems Smith is out of business . . . and TAN has written-off their(= our), investment. =Feb2017-DYOR.
Rather Odd apart from never hearing anything about TAN . . . that at a time when the World is converting to Electric vehicles ( even without enough "charging-points" - our old TAN Management manages to cut itself off from the action.
That's it really . . . . I shall continue to slumber, safely knowing TAN will do no wrong ( and no right either historically.).

Blimey!