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

SANTA BARBARA, Calif, March 4 (Reuters) - Ford Motor Co expects electric vehicles will represent a 'major portion' of its lineup a decade from now as the automaker breaks away from a recent reliance on pickup trucks and SUVs, Chief Executive Alan Mulally said on Wednesday.


'In 10 years, 12 years, you are going to see a major portion of our portfolio move to electric vehicles,' Mulally said at the Wall Street Journal ECO:nomics conference in Santa Barbara, California.


A futuristic look at the Ford Motor Co.!
The rest of the article is here, it may take a few seconds to get past the load page:-

http://www.forbes.com/feeds/afx/2009/03/05/afx6128120.html

Looks promising for Snorkel, a bit of a sales push:-

http://www.tanfieldgroup.co.uk/Newsletter_Upright_Issue134.html

SEV are getting a lot of media coverage now, this is one article out of many:-

http://www.hybridmile.com/news/smith-electric-vehicles/

Whilst it is too early for most to make any sort of informed decision, I keep adding snippets to remind people that a once star of the markets who got things wrong may now be on the road (no pun intended) to a remarkable recovery. EV's are the future whether we like it or not, substantial purchases of the vehicles will lead to an eventual drop in cost: new battery technology, which is imminent, will further reduce costs and also increase the number of road miles between charge.

I will continue to add to my holding when I am able to, purely because I am now confident that TAN will become a major player in the future of the world's transport. I do not advise anyone else to follow my instinct but I suggest you keep an eye on TAN, it might just become a star again!

Kim, I now know what your job is, your not an investor, your a RNS writer for RKH, full of promises but don't know when, just to keep Cynic and MM amused. lol

Darn, I've been sussed. All I'm trying to do is invoke a comment from cynic! ;o)

Smith Electric Vehicles (now in the U.S.!) took advantage of their appearance at The Work Truck Show to allow some industry professionals a chance to try out their all-electric Newton.

Luckily for us, several of them agreed to stand up in front of a camera and give their views about the vehicle.

The candid three included award-winning trucking industry journalist Paul Abelson, Larry Polas from the American Fleet Managers Buyers Guide and Ken Kalen, a fleet management consultant.

All seemed impressed with the vehicle's power as well as the way it handled and thought it could perfectly fulfill its depot-based delivery mission.

http://www.autobloggreen.com/2009/03/13/video-smith-electric-trucks-get-pro-reviews-at-work-truck-show/

The chart, over the last 8 months, looks a little like an ECG print. I hope the heart doesn't pack in: if TAN still have cash in the bank there should be no problems (unless the bank itself goes under!)

ko
i think you have a good investment here. just my opinion.
regards
jkd
declaration
i have a vested interest(long) in this share.

Debt free - 13 million in bank at end of Jan '09.
Annual results due end of this month when they could also release location of new sev-us factory in usa and perhaps some us orders. Good times ahead me thinks.
imho

I would prefer the 13million in my bank. It might be safer.

I'd prefer it too Fred but in my matress.

why the air car will make electric virtually obsolete http://www.theaircar.com

If they could make a really efficient non-polluting air car Maestro, it may stand a chance but the majority will be using petrol as well as compressed air. There are safety concerns with air cars and maintenance costs will be substantial compared with EVs. All in all I don't think air cars will ever outdo the EV.

WHAT MAINTENANCE COSTS? please expand

All the movings parts!

"The Prince of Darkness to visit Tanfield tomorrow"

Well, it's not the actual headline but here is the real one:-

http://www.sunderlandecho.com/news/Mandelson-to-visit-Nissan.5088443.jp

It may well produce another cog to the wheels of green motion (hmm, no don't think too hard about it!), hopefully not a spanner in the works though!

sp picking up a bit - mandelson visiting tanfield in northeast this afternoon.

I certainly hope he does visit Tan and instead of bailing out foreign companies to design electric vehicles why can't OUR money be used to BUY from British coys already making and selling them? or would that be considered charity?

Tipton

What? give "the good for nothing" British management more money..you must be joking.

SEV's view of the Mandelson visit:-

http://www.smithelectricvehicles.com/newsevents_news.asp?p=n&itemid=261