Tandem Share Discussion Threads

[my retirement fund] 17/4/2020 23:00

So I'm guessing the board and co. have stopped drawing their salaries which make up 80% of the profits before distribution here then ?

[s34icknote] 17/4/2020 14:34

Think some of the small stocksWith small amount of shares are starting to move .Nexus also moving Topped up again Sicknote

[s34icknote] 08/4/2020 15:51

Spread getting wide 20pSicknote

[s34icknote] 07/4/2020 08:56

Problem with this share it doesn't move with the market !Sicknote

[s34icknote] 31/3/2020 15:37

Have managed to pick a few up today .Happy for the longer term hold.Sicknote

[amt] 31/3/2020 15:01

I think it's going to be a long haul before we get out of this current predicament. I can't see a V shaped recovery in the economy. I suspect more people will be staying in the UK for holidays if we are lucky to get any. So perhaps more domestic expenditure will help companies keep their heads above water.
We have to wait for a vaccine probably before normality resumes. So 18 months probably.
With Government debt at a huge level there may well be a few years of austerity ahead.

[maddox] 31/3/2020 12:13

amt,

You can miss interpret my statements if you so wish.

However, if you require a black swan event to occur in order to prove your wisdom and sagacity I think that puts you on the same level of contorted logic as Jeremy Corbyn.

Regards Maddox

[amt] 31/3/2020 08:22

Maddox Glad you agree best not to pay the dividend. As I said I don't particularly want a dividend paid but if it is going to be paid then why not buy back shares at this reduced price instead.
I made a point many months ago best to build up cash in case of a downturn in the economy. I stated that while many were pressing for a big payout, so not with the benefit of hindsight. Glad the Directors took a prudent view and didn't bow to pressure from shareholders. As I say best to let those at the sharp end make the decisions.

[norbert colon] 30/3/2020 13:04

https://www.bbc.com/news/business-52066454Bikes on the list....

[maddox] 30/3/2020 12:20

In this period of Covid19 lock down there is likely to be increased demand for Tandem's products, specifically bicycles and outdoor products. I'm more interested to know that they will have the working capital, i.e. the cash, to scale-up to meet this demand should orders materialise.

I'm happy to see the dividend deferred - for this reason or to fix any disruption arising - funding the pension isn't exactly top-priority atm.

[amt] 30/3/2020 09:24

Alternative is to buy back shares and gain from recovery that way

[amt] 29/3/2020 13:49

While the markets are in a state of collapse its a good time to invest in its own shares. I don't want a dividend, I am interested in long term capital gain.

[maddox] 27/3/2020 19:26

Hmmm, cutting the dividend to preserve cash and then sticking it in the pension fund - you two are having a laugh arn't you?

[amt] 27/3/2020 16:23

Given the circumstances perhaps there is time to cancel the dividend. I doubt anyone would complain. Cash is king in this situation.

[indonews] 27/3/2020 16:18

Maddox, I agree don't think the dividend payment was a good idea, I'd pile into paying off the pension deficit- good opportunity to get a huge surplus once corona is out the way and normality returns.
Corona WILL heavily effect everything for tandem this year, all big box stores are shut currently and its easter sales kick off time! Though there could be an upside on the last quarter, however this will never make up for lost spring/summer sales.

[maddox] 26/3/2020 12:02

amt,

My concern is that they haven't given such a reassuring comment and quite frankly in the face of such uncertainty I not sure that they could.

I'm amused by the idea that I'm in anyway running the business.

[s34icknote] 26/3/2020 10:56

Ok thanksSicknote

[18bt] 26/3/2020 10:27

Sicknote - didn't apply to AIM - just fully listed. AIM already had a 6-month rule.

[s34icknote] 26/3/2020 10:08

Thought results weren't allowed out till end of month ?Sicknote

[maddox] 26/3/2020 10:07

I'm unclear as whether Covid19 presents a threat or an opportunity for Tandem?

Either way, and changing my view, I'm now not sure suspending payment of the dividend wouldn't be a good idea until things become more clear.

[my retirement fund] 26/3/2020 08:17

Pretty simple a big warning about this year including also stock carry forward and the pension situation.

[amt] 26/3/2020 08:14

Excellent results and big increase in dividend giving confidence in the year ahead despite the impact of the Coronavirus. Current low share price seems ridiculous.
Don't know how anyone can say jam tomorrow, they have had a great year. 20% increase in turnover, 35% increase in op profit.

[my retirement fund] 26/3/2020 08:14

So more jam tomorrow then me but a special dividend of 2 pence to help put a sock in David and Tigers mouth prehaps?