RSM Tenon Share Discussion Threads

[wonder boy] 10/5/2006 13:09

TNO are down BUT look at the volumes traded the last 2/3 weeks. The drop today appears to be scare tactics.... maybe the MMs have picked up Scumdog's TNO shares on the cheap but they're not getting mine.

[scumdog] 10/5/2006 10:39

TNO down again today - FDP up 8%. Sometimes you have to cut losses, admit you were wrong and find a better opportunity - and don't fight the market.

[23wizard] 10/5/2006 08:14

The law
The Directors announced their interest citing one of their reasons as being unhappy with the share price level so I find it hard to believe they could justify saying 15p is fair value. I think if this was their valuation the Company would chase them and continue with the rebuild which in itself imo
will restore the price to an acceptable level circa 30-35p

[scumdog] 09/5/2006 16:32

Reinvested proceeds from TNO in First Derivatives (FDP) which released a cracking set of results today.

[the law] 09/5/2006 15:44

Not if the Directors want to buy at the bottom and they consider 15p is fair value !

[wonder boy] 09/5/2006 15:32

Patience is irrelevant. You should only sell if the story changes, you need the cash or a better opportunity comes along. This is a recovery story where the directors / third party may or may not buy in at the bottom. Which ever way you cut the cake this is close to a dead cert for those with a 6 month view.

[23wizard] 09/5/2006 15:21

I think that is what's happening with a lot of people hence the price edging down. Come on Tenon get the finger out and let us know what is happening

[scumdog] 09/5/2006 15:15

Lost patience with this one and sold out today.

[wonder boy] 05/5/2006 11:50

Here you go...

For Immediate Release 5 May 2006


VANTIS plc
('Vantis' or the 'Group')

Pre-Close Trading Update

Vantis, the AIM listed accountancy and professional services group is reporting
on its trading progress, prior to entering the close period in respect of the
financial year ended 30 April 2006.

Preliminary results for the financial year ended 30 April 2006 are due to be
announced on Wednesday 19 July, 2006 in accordance with the Group's usual
timetable and are expected to be in line with market expectations.

The integration of Numerica, acquired in May 2005 and Booth Anderson Chester,
acquired in November 2005, is complete with expected synergies now being
realised from cost savings in IT, HR, marketing and finance. Cross referral of
business has been at encouraging levels, particularly in the areas of taxation
and consultancy.

The Group's core business of accountancy, tax, business recovery and consultancy
continues to grow in a stable market, with good recurring revenues and the
higher margin specialist services continue to be developed.

The Vantis brand continues to gain recognition with strengthening market
perception assisting in the recruitment of high calibre key personnel to enhance
service excellence.

The recently announced acquisition of Rouse & Co on 24 April continues to
strengthen our core business of accountancy, tax and consultancy services and
provides a good geographical fit with existing operations in the South East.

[arfi] 05/5/2006 11:29

Wonder Boy, I can't fine the trading statement you refer to - could you post it please. thank you.

[wonder boy] 05/5/2006 09:02

Trading statement from Vantis today. Seems like the market is fairly buoyant.

[wonder boy] 27/4/2006 08:04

How long's a piece of string? I would expect an announcement that some progress has been made next month. If not then you can expect one of the "bidders" to get frustrated and go to the papers in an effort to move things along.

Still I'm happy to hold while good news continues to trickle out of the co.

[23wizard] 26/4/2006 20:49

Wonder
Any idea how long this is likely to take before a decision is made. It seems to be dragging on, other takeovers Ive been in on seemed to progress quite quickly once the initial statement was made
Regards Gary

[wonder boy] 26/4/2006 15:24

More good news about expanding in Scotland. I guess no one's listening, or at least they're waiting to hear the MBO update.

[wonder boy] 24/4/2006 08:09

HO=Hugh Osmond.

See Vantis made another acquisition today.

[23wizard] 19/4/2006 19:56

No but I would like to hear it

[wonder boy] 19/4/2006 16:02

Anyone else hear the HO rumour today?

[23wizard] 19/4/2006 08:05

Wonder
Thanks for that Just re assures everyone that take over or not this company is turning the corner and deserves to be at a higher price

[wonder boy] 19/4/2006 07:55

Don't know the reason for the movement but I did see this reassuring article the other day...

[23wizard] 19/4/2006 07:44

Does someone know something we dont, onward and upward 30p by friday?

[23wizard] 19/4/2006 07:31

Cant see any newspaper reports or announcements any idea whats kick started this

[keybox] 19/4/2006 07:27

Looks like we have some movement starting

[23wizard] 09/4/2006 12:48

The law
Sorry did you mean you wanted to buy one tenon share for 17p or are you just down on your luck looking for the price of a cuppa at the Sally army refuge. Either way I dont mind helping you out. Its just the kind of guy I am!

[wiganer] 08/4/2006 15:23

Unlucky then.

[the law] 08/4/2006 14:14

I still want something like 17p or below !