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TANDEM.... NOT ONLY A BICYCLE MADE FOR 2 - A BRILLIANT INVESMENT OPPORTUNITY TOO (TND)     

legend290782 - 03 Feb 2005 13:30

The legend dipped his toe in the other week. This came from the tipper of ASC, DTG. Watch very very carefully. Potential 80% easily.

Very undervalued, plenty of cash, eps forecasts put company on a p/e of 3.

Although badly run, it looks like there is light at the end of the tunnel. DYOR

Legend

skyhigh - 20 Apr 2005 13:21 - 53 of 124

Sidtrix... extract from my posting in Feb this yr...
"I reckon that in the short-term the SP will be marked down and I aim to consider buying more at anything below 17p.. (same happened last year.. went down a long way before results, announced 6th April)"

Surprised this hasn't gone down more than it has at the moment.. Also, most small cap/AIM stocks have taken a battering recently despite good results in most cases..

Should be different once the results come out shortly, (unless there's an ugly surprise etc.)

But even if the results are good, sp could still go down/stay where it is! It's a funny old market at the moment..(imho)

sidtrix - 20 Apr 2005 13:46 - 54 of 124

Cheers Skyhigh... am a Newbie (just started playing the market in April) Getting my head around... the 18th of this month was an eye opener (everything RED)yeah market has been acting strange...portfolio: VML,SEO,PXC (all green!!!)
Looking to punt on a decent penny share now... CFP looks like a decent one but will wait for drop around .30 & will pick some TND around 17p

Great BB!

BTW what does MM stand for?

legend290782 - 20 Apr 2005 13:58 - 55 of 124

market maker!!

not sure if these will get any lower

skyhigh - 20 Apr 2005 14:18 - 56 of 124

Legend,
Yeh. tough one to call..may stay where they are until results..then which way they will go is anyones guess, even if the results are good.

Sidtrx. I have PXC also. this has gone down a little since results. was thinking about topping up into PXC or Tandem but... will go for SFX instead which is looking good for the medium term. Results are due shortly. There may be a cash call but the company is growing quickly and has good potential..(imho,dyor)

sidtrix - 20 Apr 2005 14:42 - 57 of 124

SFX: hmmm interesting (got OMG which I believe from the name kind of deal in the same area!)

No thread on SFX, would be interesting to have a topic on this and where it may be going... *hint hint*

sidtrix - 20 Apr 2005 14:56 - 58 of 124

Jumped the gun... SFX totally different to OMG!

Tandem down to 19.75....

skyhigh - 22 Apr 2005 08:38 - 59 of 124

Results although good.. it's not exceptional.. fell below boards expectations and trading has proved difficult in the current retail environment...what is now important is how they are doing right now, if their measures to improve are resulting in better revenues/margins/profits... the interims this autumn will be crunch time (and real sp lift-off) to see how successful things are going now..

Also, any hint of a divi to be paid will help big time.. will continue to hold..

legend290782 - 22 Apr 2005 08:50 - 60 of 124

Can you not see whats going on??

EPS up nearly 80pc
Pre tax profit nearly doubled

company playing down results.... it looks as though they may try to take this private.

Also, any predator paying 30p per share will get their money back in 5 years!!

I think these are very good and too cheap

skyhigh - 22 Apr 2005 08:55 - 61 of 124

Legend.. Hope your right. (but not about the going private bit!)
Agree that the results were good but there were a few concerns.
If they are cheap let's hope they rise to the right level soon.

skyhigh - 22 Apr 2005 09:05 - 62 of 124

Legend,
Interested to read you're comments that they may try to take Tandem private.

What in the announcement leads you to think this ? thanks

legend290782 - 22 Apr 2005 09:16 - 63 of 124

The fact that the company are

1 playing down the results

2 Did not tell anyone when the results were and

3 Waited to friday to deliver them - the quietest day on the market.

If you were a chairman and eps doubled and pretax profit doubled would you not be happy??

Because they played it down, they were trying to keep sp low

ramu - 22 Apr 2005 09:38 - 64 of 124

Legend,

Thanks for bringing TND to MoneyAM discussion board but I think we are deviating when we talk about TND going private. Most shareholders are just interested in a decent return on their investment. I got in a few months ago and just looking for a 25% to 30% return. When do you think the SP will touch 30p. Thanks.

Ramu

Barry Harris - 22 Apr 2005 10:03 - 65 of 124

Today - if this momentum carries on

skyhigh - 22 Apr 2005 10:31 - 66 of 124

share price is now only back to where it was a month or so ago.. so have seen no real benefit from the good results yet... if the shares are considered cheap I would expect to see these 50% up in the next few weeks, at least, from where we are at the moment.. (imho)

legend290782 - 22 Apr 2005 13:09 - 67 of 124

Absolutely right... these are dirt cheap.

Ramu,i would expect very very soon.

Peel hunt have issued a research note saying that in the next year cash will be expected to account for 80% mkt cap!!!!!

Given the current retail climate, i think that these results are very very good.

Plenty of value in these. Not selling a single share

legend290782 - 23 Apr 2005 10:22 - 68 of 124

Ramu...

If Tandem wanted to take this private then i think they would have to pay at least 30p per share so I am not bothered either way.

Even so, I think someone will look to buy this. Anyone that does take this over at around 30p will get their money back in 5 years!!!!

Even though this is a 'retail' stock, it has tons of cash in relation to mkt cap... it has eps too. It may even pay a dividend - we shall see.

One thing i do know is that this has been the weirdest stock i have held - look over the past few months at the sellers 10,20,100 and some times 500 shares sold - absolutely loads of them. Then a buyer of around 20-100k!!

I think mms have been deceived thinking that they are picking up more stock than they actually are.

What did make me laugh was mms calling em down 3-4p over the past few weeks on only 20k shares sold on some days, and that yesterday they opened thes up down half a penny. I think this will reach my target very soon.

Has anyone seen KBC's research note??!! - even though EPS forecasts have gone down, it is very Bullish.

More than happy to hold - I am more confident than ever before now.

doughboy66 - 23 Apr 2005 11:04 - 69 of 124

Good call Legend !I have watched with interest since you started this thread.I would have bought into this the other day at 19.5 but unable to release any sizable profit lately from my portfolio due to current state of markets.Will keep an eye on these and any future tips you get.
Thanks DB66

legend290782 - 23 Apr 2005 20:11 - 70 of 124

4 excellent tips at the mo:

1) XKO
2) BNH
3) UTF
4) TOA

3 should be a quick turnaround!!!

Keep smiling

bella - 25 Apr 2005 11:07 - 71 of 124

bella - 25 Apr 2005 11:09 - 72 of 124

Beware of this company. I bought 7000 shares back in 2000 and through consolidation (or day light robbery!) I now possess 32 shares. In my experience 'consolidation' = poor management.
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