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

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

Tandem down to 19.75....

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..

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

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.

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

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

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

Today - if this momentum carries on

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)

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

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.

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

4 excellent tips at the mo:

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

3 should be a quick turnaround!!!

Keep smiling

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.

I don't know what anyone else thinks but I see no reason why Tandem would want to or need to consolidate shares now. Profits are good, eps good. mgmt good. The're looking to reduce costs further & squeeze out better margins over the next yr to maintain profit or improve profit a little as trading conditions are poor at the moment.

I lost alot money a couple of yrs ago when MV sports were aquired by Tandem. I don't expect to get it all back but if the sp were to double from here ( which i think is possible) I'd be happy.

Bella, i agree with skyhigh... i see no reason for consolidation, it has bags of cash and is generating plenty of cash. This is purely and simply a good value stock. If anything, I think it might get taken over if it keeps at this low level.

I am happy to let it run its course and tick up to a true and fair value. Not selling a single share for less than 30p

Thanks legend for those ideas,a very interesting group of companies.I am going to have a punt on all those except toad when funds become available.
Whats happening with Tandem ? just a bit of profit taking i presume.
DB66

Yes I would have thought so...

Not concerned one bit, the results speak for themselves although the chairman wasn't optimistic. They should get good write ups this week in the financial press one would think.

Keep Smiling

Legend

Can't believe the market hasn't picked up on these yet.. only a matter of time IMHO

DYOR