Tandem Share Discussion Threads

[castleford tiger] 29/9/2015 19:15

NO COMMENTS ON THE RESULTS???

[castleford tiger] 08/9/2015 19:13

tiger yes BUT please check dates

[mrshaungcm] 02/9/2015 20:31

feed back from numerous trade suppliers is that it is not great out there in bike land.
Is it time to open a short?
Time will tell

[ramridge] 02/9/2015 13:21

JakNife - yeah. I feel stupid when they are available free. Didn't know that. Doh!

[charo] 02/9/2015 13:08

Should this not be subject to disclosure vendirs are signigicant creditors as per 2014 accounts???

[davidosh] 02/9/2015 12:18

Why did Tandem not release the latest information on profit to shareholders in the RNS though ? Why should we be given outdated info if accounts to October 2014 were available and known ?
Does anyone know about ESC or bought products or seen their marketing info ?

Here is a you tube clip



This is their Amazon page with all the various offerings...

[davidosh] 02/9/2015 12:03

Why did Tandem not release the latest information on profit to shareholders in the RNS though ? Why should we be given outdated info if accounts to October 2014 were available and known ?
Does anyone know about ESC or bought products or seen their marketing info ?

[ramridge] 02/9/2015 10:42

Folks - I purchased their last accounts as at October 2014 from Companies House. They have taken advantage of the small companies rules not to disclose their profit & loss accounts. The only details disclosed are balance sheet data.

[charo] 02/9/2015 10:33

profit for 2014 only 84k ??????

[castleford tiger] 02/9/2015 09:17

Cash £91,903 £195,005 £172,253 £273,117 £894,778
Net Worth £195,142 £338,841 £674,274 £1,024,712 £1,107,649
Total Current Liabilities £115,814 £230,113 £329,336 £330,285 £535,252
Total Current Assets £547,237 £848,894 £1,558,119 £2,027,120 £2,381,146

YEAR END IS oct

LOOKS A very good and cheap buy to me.
Cash almost 1 million.
CA are 2.381

more detailed report later once I have their full accounts

tiger

[amt] 02/9/2015 08:50

Good sign having the confidence to make another acquisition not so long after the previous one and financing from bank loans and not diluting shareholders. Excellent news.

[ramridge] 02/9/2015 08:18

Hhhmmm. I am more suspicious. Why declare PTP fir YE13 , but not for YE14 or 2015? Even if indicative/ unaudited?
If the numbers are really good, they would have been very keen to say so.

[18bt] 02/9/2015 07:18

Interesting figures on new acquisition. PTP disclosed as £400k in ye 10/13, but Net assets £1.7m at completion, so £700k of net assets added in one 3/4 years. Assuming no share cap increase, it looks like PTP must have increased a bit from figure disclosed, say PTP of £450 in 2014 and £500 in 2015 to date, taxed at 22% or so. Of course, suspect that this will be a very seasonal business, strong in spring and summer. But looks a fair price and good use of cash.

[simon templar qc] 13/8/2015 21:01

Hi CT will be in touch now u are back from your break.

[castleford tiger] 13/8/2015 17:45

Everytime those Chinese knock 2% off the currency the costs go down!!
Tiger

[amt] 28/7/2015 14:55

I would have thought the fall or more like crash in commodity prices such as base metals and also energy costs will eventually help margins providing the US dollar doesn't appreciate too much. At the moment the trend looks promising. Also another Tour de France win should help the bike market.

[castleford tiger] 24/6/2015 09:40

BUYING WHAT I CAN.
TIGER

[castleford tiger] 23/6/2015 19:08

but growth is from pro rider !

Need to sell bikes direct to the punter.

Every bike shop I see is buzzing

tiger

[amt] 23/6/2015 07:53

Over 15m in turnover on the cards for h1. Last year was strong so done well to match it like for like. If second half is similar to last year then we are in very good shape.

[amt] 23/6/2015 07:39

Encouraging statement.

[supreme mo] 23/6/2015 07:39

Working david unfortunately.