Tandem Share Discussion Threads

[actscap] 17/10/2024 12:11

Fantastic news

[davidosh] 17/10/2024 12:01

Interesting that it requires a Relationship Agreement....I wonder if the board are expecting conflicts of interest? Simon has a great background in the City and is very much dedicated to getting the company into a good place with his skin in the game....so should be good for the rest of us.

[cwa1] 17/10/2024 10:21

Simon Bragg inside the tent now...

[my retirement fund] 02/10/2024 08:12

I guess the blindfold and the dartboard method of stock picking can sometimes land a winner ;)

[castleford tiger] 02/10/2024 06:13

Mate my timing was awful and 155,000 shares was a million quid.
That said I have bigger disasters.
I had 580,000 jet 2 ( dart group)shares bought in 2008 when the price fell to below 16 p.
That just under £100 k would today be worth over £80 million
I sold all the way up taking out at 38p up to 100p and kept just over 25k from those days.
Hindsight is a wonderful thing.
Regards tiger

[my retirement fund] 01/10/2024 21:39

Well, patience of a saint springs to mind. Good on you for replying, too.

[castleford tiger] 01/10/2024 13:29

Tough times continue as expected. It will not last for ever and the company is clean and lean when the market picks up.
Headwinds are shipping / poor summer weather and the economy not being great as interest rates are slow to move down.
My stake remains the same but it’s pleasing to see our biggest shareholder increase his position.
So not much to say other than the huge discount to nav is a good reason to sit tight.

Pleased you are all still concerned.
Stay safe
Tiger

[my retirement fund] 01/10/2024 11:59

Still no CT comment, I guess as he claimed to be holding a whisker under 3% of the shares, he miraculously and stealthily sold them all. Quite a feat given the illiquidity here, no ?

[my retirement fund] 27/9/2024 11:04

he's on his bike

[maverick67] 25/9/2024 06:52

Is Castle still here?

[cwa1] 20/9/2024 06:59

I'd never heard of them either, but not my sort of circles I suppose :-)

[my retirement fund] 20/9/2024 06:52

Just awaiting a positive shining update from Castleford Tiger :) by the way, Van, who? Never heard of them !

[our haven] 20/9/2024 06:16

The Vanmoof distribution deal is a welcome piece of news. Should improve that rather static bottom line.

[actscap] 19/9/2024 09:18

Dog of a share this one. Suspect they'll miss FY market expectations which are modest. Hope I'm proven wrong but their words and performance don't match

[our haven] 19/9/2024 06:25

No shocks in the half year report, but also no upside surprises. Not a lot to get excited about really. A slight improvement in profitability, but debt is up.See there in intension is to reintroduce paying dividends when profits allow, bit of an obvious statement

[markatkinson] 01/9/2024 19:25

In the latest episode of the Desert Island Investor we are kindly joined by good friend and investing legend David Barry who talks us through his varied and colourful story.

David is a Significant Shareholder ( above 3% ) in several UK listed businesses including Tandem Group.

Watch on You Tube

[castleford tiger] 11/8/2024 14:28

Who was FD?

[davidosh] 10/8/2024 21:48

We completely missed this internal appointment and nice to see she already holds 2.1% of the company shares...

Tandem Group plc



(the 'Company' and together with its subsidiaries the 'Group')



Appointment of Chief Financial Officer



Tandem Group plc (AIM: TND), designers, developers, distributors and retailers of sports, leisure and mobility equipment, is pleased to announce that Gurvinder Kaur has been appointed as Chief Financial Officer and as a director of the Company with immediate effect.



Gurvinder is ACCA qualified and an established finance director who has been with the Company for more than 24 years. Most recently, she has served as Chief Commercial Officer for Tandem Group Trading Limited ("Tandem Trading"), the Group's main trading subsidiary.

[darrin1471] 10/8/2024 12:39

I have a bad feeling that one day Mike Ashley will fall off a boat and Frasers will implode.
Evans turnover "£45.8m vs £45.3m"
"£145m is owed to creditors within a year, up from £58m the year before"

[actscap] 09/8/2024 08:30

Ouch....In the previous year, Evans had posted a loss of £5.3m. According to the business's statement of financial position, £145m is owed to creditors within a year, up from £58m the year before. Overall, the company's total deficit was £43.6m at the end of April 2023, something a later note explains will be "funded by loans from other group companies which will not be called for repayment unless cash flow permits for a minimum period of 12 months".https://road.cc/content/news/evans-cycles-reports-ps228m-loss-309791Can't see Evans surviving for much longer

[actscap] 31/7/2024 19:36

Ebike take-up and escooter legislative changes were part of my original thesis on TND. Unfortunately they haven't played out quite as planned. I use rental e bikes a lot and can see their appeal. Totally agree re. price point being out of reach for most consumers right now. Hopefully they'll fall in price in the coming years. There'll be more consumer confidence returning in the shorter term. As for legislative changes - think that's in the long grass too. I can't see it on the legislative agenda anytime soon unfortunately.

[actscap] 31/7/2024 19:28

Property valued around 14m A valuation of the Castle Bromwich property, including the new warehouse, was carried out by JLL Ltd in February 2023 in accordance with the RICS Valuation – Global Standards (incorporating the International Valuation Standards) and the UK national supplement (the "Red Book"). This valuation was used to revalue the property as at 31 December 2022. The Directors are of the opinion that the value after costs to complete the property incurred during the year is correctly reflected in the accounts at £14,299,000.

[darrin1471] 31/7/2024 17:00

What value is put on the Birmingham unit? I live local to it.

I believe electric bikes and scooters will be massive at some point but the price needs to come down a lot. A starting price point similar to a games console is a good target. Fashion bikes could take off in a big way if the price were right.

A change in government may lead to a change in e-bike and e-scooter legislation. Likely to lead to a price spike in Tandem but competitors are also waiting at the borders leading to an influx of new bikes at low prices.

[arthur_lame_stocks] 31/7/2024 12:18

I bought a few of these recently but I don't expect a great year for them either.

On the ebike front I'm not sure they really have a great future, arguably the worst of two worlds, but I can't make up my mind.

I also note they may be looking at acquisitions, I guess it could be a good time to pick up competitors cheaply, but then why are they subletting some of their new warehouse?

If they do make an acquisition I hope they don't go overboard, if the worst comes to the worst they've got a lot of cash tied up in freehold property which one day they might need to sell to get them out of a bind.

By the way, if anyone's interested take a look at the value thread, ticker VALUE, it's aimed at similar sorts of investments.