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

not sure what that means for tan, if they can get the taxi order it would be great for the company and the shares. also the short sellers are not doing tan any favours,until the short sellers are off tans case there is little chance for the shares to break the 7p mark and stay there.

I don't believe it is anything to do with short sellers at all.

Rather MM's deliberately holding the sp back as they are with nearly all AIM stocks

Time to look in here again as 5p has again been broken so maybe another move to 10p like last time.

Seems to be on the up - just broke 6p - possibly in anticipation of release of positive news re ford/tanfield at U.S. trade fair this weekend ?
imho dyor

back in at 5.2p....bargain or what

Oh no! Just when I thought things might be looking up, maestro buys in. We're doomed!! ;o)

How are you doing maestro?

Maestro.good luck to you my sonnot a stock that rings my bell but I wish you a speedy rise in your fortunes..

cheers guys...still making the usual cock ups ...sold rio/xstrata too early but ok otherwise

A little mention of a collaboration with Ford, in the New York Times.

http://wheels.blogs.nytimes.com/2009/01/11/fords-electric-future/

This is surely good news for the future, why no RNS from Tanfield this morninn, I would have thought they would have wanted to get any good news out at the earliest opportunity. Also FORD wouldn't go with a company which could possibly go under would it, I hope not as I have a reasonable holding at prices of 11p, 9p and 3.8p.

Pumben

Beginning to look like a good shout moneyman (post 9).
2517

No RNS - I wonder if this is "no-news" - so be careful not to start buying TAN before the "off" . . . they still have the same Management as before so their skills will prevail - and frankly, I wonder who is going to buy their (added-value) when the electric vehicles are a "Feel-good" purchase (so little prospects for this year, eh?), - - - and I thought Ford already provided the basic van and ANOther provides the electric drive etc...TAN's input is fairly small, despite the Market blowing hot ( and City types paying 1.60 only recently for Access) . . . . such is their grip on the reality.
I hold from 15p and 8p, but that's enough!
I believe this is an "Access Business" - with their "EV" a sideshow - but who cares what I think?

would love this to recover but it does worry me that maestro is in!

Probably means we are all doooomed ..

http://www.mathaba.net/rss/?x=615489

Strong Rumour the Irish Post Office is about to place an order for a Fleet of electric Ford vans

Contenential landscapes invest in smith electric vehicles in Poole - see -
http://www.newspress.co.uk/DAILY_LINKS/arc_jan_2009/290109carill.htm

Tanfield Trading Update





TIDMTAN

RNS Number : 8988M
Tanfield Group PLC
06 February 2009

?
6 February 2009
Tanfield Group plc
Trading Update
Tanfield Group plc ("the Group") gives the following update on its trading
position.
As previously notified we experienced much poorer market conditions in the
second half of 2008. The Group had a number of loss-making months before the
impact of cost cutting restored us to a break-even position on a monthly basis,
before exceptional restructuring costs. We were however still able to grow the
Group year on year, with revenues of GBP146.5m. With many customers holding onto
their own cash, our year end position was GBP11.1m, with GBP8.0m being collected
in the weeks following the year end. Cash balances at the end of January 2009,
traditionally a low point, were GBP13.1m.
Trading conditions in all of our markets remain challenging, with little
visibility and reduced order intake. The swift and decisive steps taken last
year to downsize the business have substantially mitigated the risk of
overexposure. Because of this prompt action, we can maintain the business at a
much lower break-even level than historically was the case.
We continue to maintain tight control on overheads and to review our cost base.
Given the restricted horizon of our order book, our visibility for 2009, in line
with our peers, is limited, except to indicate that we expect to see a
contraction in 2009 compared to 2008.
Adverse trading conditions and the ongoing unavailability of credit for our
customers continue to impact all three divisions. The major OEM customers into
which our Engineering Division supplies sub-assemblies have either significantly
downsized or cancelled their orders. In agreement with our workforce, we have
implemented a three-day week at that facility, in order to reduce our cost base,
while retaining the core skills within the business unit.
Market conditions in the USA are particularly challenging. We are instigating
temporary production suspensions in North America, on an as-needed basis, to
continue to match output to demand. However, as always, customer service remains
our number one priority and all customer-facing operations will carry on as
normal.
We have already downsized the European-based Powered Access and Zero Emission
Vehicle divisions to accommodate a lower run rate. We will review this closely
and regularly, and if necessary, take further steps which may include the
implementation of shorter working week practices.
The Group is, however, debt-free without banking covenants or interest costs and
we do not anticipate this changing in the short to mid-term. The Group is
therefore well positioned to continue to ride out this downturn until eventual
market recovery.
ENDS

Tanfield set to launch new company in usa soon. see :-

http://www.autobloggreen.com/2009/02/08/tanfield-american-spinoff-to-begin-building-trucks-this-year/

Could some kind soul enter it again and underscore - dont know how.

Development Partnership with Ford Motor Co (Tanfield)

There you go al - to underscore
click on the icon that looks like the 'infinity sign' between U and the green thing just above this box.
In the window that opens up you put the address and click OK -
in the next popup window you type the name of the website e.g. Autobloggreen - easy once you've done it once

autobloggreen