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

I'll tell you what this is.

Traders closing out their shorts at the year end or funds buying to make their portfolio look impressive going into the new year. This rise is happening to a few AIM stocks over the past hour and I suggest the reasons are linked.

More possibly a meeting in Kansas City today outlining SEV-US's plans and (rumoured) possible confirmation that the US postal services will be using SEV ev's. I won't believe the latter until I see it in writing but it may just happen. Taking my wife's petrol car for a service now :o)

kimoldfield - youre right - reason for rise is sev-us confirmng opening of factory in Kansas City due at 5.30 pm today (uk time ) Any proposed US Postal services purchases of sev-us vehicles would do wonders to sp.
imho

It'll be back to 6-7p monday

Quite possibly but I wouldn't bet on it!

Well that's the car serviced, 99.92, not bad but would cost that for 5 years servicing of an ev no doubt! Whilst sitting in the customer services area I watched TAN price with interest on my Pocket Surfer; don't know how I did it but I managed to press a wrong button and sold 60k of my top up holding :o( At least I ended up with 5k free shares and cash to take my missus away for a weekend or two :o) Made a mental not not to try drinking coffee with one hand and fiddle with a Pocket Surfer (mini computer that is, to you lot who have dirty minds!) with the other hand!

Balerboy, even if the 'show' in Kansas is not up to much, I can't see the sp coming back below 9p now. But then, I thought I knew what I was doing with a Pocket Surfer!!

Good end to the day.................................

A very good end. A good start on Monday would be even better!

Zero-Emission Trucks to Be Assembled in Kansas City 27/03/09

Tanfield Group plc ('Tanfield' or 'the Company')




27 March 2009




Re US Joint Venture partner announcement




Tanfield announces that its Joint Venture partner, Smith Electric Vehicles U.S. Corporation (SEV U.S. Corp), is today announcing plans to locate its new assembly plant for the manufacture of all-electric zero emission vehicles in Kansas City, US. Production of the first vehicles is scheduled to begin in quarter 3, 2009.

The decision to locate the plant in Kansas City would represent an initial investment of $10 million by SEV U.S. Corp. In addition SEV U.S. Corp expects to receive close to $3 million in job training funds and other incentives from the state of Missouri and Kansas City.

Tanfield Group plc announced on 6 February 2009 that it had signed Heads of Terms with SEV U.S. Corp to licence Intellectual Property Rights, brand and all existing sales and sales enquiries in North America, in exchange for a 49% equity stake in SEV US Corp and per-vehicle royalties.'

Re US Joint Venture partner announcement-27 March 2009 18:11

You were quick off the mark there BM!!

Just having a last minute look before I get on with other things.

I don't ramp any share, I sometimes get a little over-enthusiastic if given 'facts' ie SEO haha! (still think it will have it's day however) but for once I have to say that if you are not in iT(AN) to win it, you may miss the opportunity of a lifetime. The US can't get enough of it at the moment.

oh dear ko
please calm things and be patient. you know where i stand from my previous post.
either it will or it wont happen.
regards
jkd

jkd, you are absolutely right! I know you are long TAN, as am I. I am also looking forward to the start of the F1 season a few hours from now; I have this crazy vision of the future of F1 where the pit stops consist of a quick change of tyres, polish the visor, then a 5 minute break for a cup of tea while the car is plugged in and re-charged! Well, that might happen, or not!

For anyone who hasn't seen the SEV-US press release:-
http://www.sev-us.com/pdf/sev_us_kc_release.pdf

Should be a lively morning tomorrow.................

I hold a few of these, so watching keenly! the thought of a tea break in the F1 ... bring back the good old days LOL

A tea break followed by a sprint to the cars, yes that would be good SM!

Heading south,