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Tanfield Share Discussion Threads
Showing 19701 to 19724 of 19725 messages
|Then we still own 49% of a great company, and can sell to anyone. But obviously there is only one buyer for this, and that is Ahern. Snorkel is the only company in his portfolio he doesn't own 100% yet.|
|Thank you for that explanation - I hope the board at Tanfield get them and do some due dilegence on our behalf.
I like you have checked with a friend in the industry and it seems that the access industry is doing well as rental firms buy new kit on cycular basis and the kit bought after the recession is being replaced again.
If Ahern doesn't buy the 49% 5 years after the sale - what happens then?|
|We cannot get hold of the Snorkel accounts. It is a private company, and the accounts are not publicised. The only loophole to get some idea is to get hold of Aherns accounts. That is equally hard as it is a private company as well. I found out that holders of the bonds Ahern have issued get the accounts. The only problem is I have not yet been able to buy any of the issued bonds, and that the bondholders are prevented from making the accounts public.
It is obviously a disgrace that Tanfield is not updated on Snorkels performance regularly. And it is similarly disgracefull that whatever small piece of info they might get is not conveyed to us asap.
From talking to various industry proffessionals it is my belief that Snorkel is doing very well, and it is my hope that we will see movement from Ahern soon.
But truly annoying that we have almost no direct info on our very major asset.|
|Does anyone know if and where we can get hold of accounts for Snorkel and if they are audited -
and how costs are allocated between Extreme and Snorkel and any other entities Ahern owns.
There is a worrying lack of information. Tanfield accounts tell me very little.
Thanks in advance for any help|
|Good point Steve. I think he already have bought the rest in his plans, and now just needs to pay up. See the below extract from the website:
Ahern Australia is a member of the Ahern Group, which is a privately owned global company with annual revenues in excess of US$650M, incorporating Snorkel, Xtreme Manufacturing and Ahern Rentals.|
|Ahern Australia is the new name for Snorkel Australia.
how can they change the snorkel name without paying up?
or have then just taken snorkel australia for free.|
|looking at the 'our history' section on snorkel site, tanfield don't exist,
|multi, i posted similar comments a few months or so ago here, so agree with you there.
steveglobal48 Sep '16 - 08:35 - 1953 of 2047 0 0 Edit
Surely they cannot mix and share staff between the company's while Tanfield still owns half of snorkel, this tells me it's coming every soon surely|
Interesting to see the 7-8 minutes long video from the opening of Ahern Chile. Seeing it I wonder how they are splitting the cost between Xstreme and Snorkel. To me it looks as if it is all mixed together, but as Ahern owns 100% of Xstreme and only 51% of Snorkel, it would be nice to know the cost structure for something like this Chile operation. My guess is still that it is probably impossible to split cost correctly , so only viable solution is for Ahern to take full ownership of Snorkel too. And I guess it will happen this year. As far as I recall he only has an option to secure the last 49% untill September 2018.|
|Exchange rate is back on for adhern|
|If Ahern is going to go public, he would use the money raised to buy Snorkel after and not before imho|
|Multi where did you hear that rumour?|
|To me the move today underlines my thoughts on the way this company's stock price is behaving.
I am sure the market maker have one of these strange orders to sell as little as possible at as low a price possible, and keep a lid on.
Just makes me more and more convinced that things will happen in the not too distant future.
If Ahern, as rumoured in the states, is going to get public in 2017 I am sure he will want to own all of Snorkel, and obviously have an interest to keep our dear company's price depressed.|
|The opening of Ahern Chile - ten images yesterday
- from a Latin American Facebook page:
See also Snorkel's own Facebook page:
|I just hope your right|
|I agree with you multi, it use to me be mopping up a few shares here but I haven't purchased any for sometime now, I waiting for it to start moving up this time before topping up more.|
|I doubt it. I guess Griffiths are reducing as he, like many of us, are tired of waiting. On top we don't get any updates from the company, and I understand that it could bring a certain frustration forward.
Actually I would rather see the positive of this. They have unloaded some 4 mill shares in the market without seeing the price drop, that would not have happened half a year ago. We are clerly geting nearer some action imo.|
|Multi no comment on the Recent RNS then, obviously not a good thing maybe they know something we dont!|
|Very interesting to see that most everyday some trade is reported after the close at a slightly lower price than what was traded in the auction at close.
I wonder if LSE ever take a look at manipulative reports. It is clear to me that someone somewhere is paying someone to keep a lid on this. I love it, although I find it strange that our company does't seem to have the slightest interest in the closing price, or do they ?|
|Who knows, maybe this could be the salvation for Smith:
|A purchaser or purchasers (from Denmark?) has or have bought 1.1 mio shares at 13p. This also means that a seller or sellers has or have sold 1.1 mio shares for 13p. Is this siginificant? Probably not.|
|WTF is going on? is it BS?|
|Don't see the need for it to be kept down its a third of what it should be|