Tandem Share Discussion Threads

[cwa1] 11/11/2022 14:05

And off we trot again. Maybe, just maybe, the lows are behind us?

[castleford tiger] 10/11/2022 17:54

tiswas post 5520

There will of been a hefty tax bill on those shares given as part of his package.

Whats far more important is that Peter gets to grips with the busy period coming up.
New shop ( thanks David )
New warehouse and closure of northants.
Reduction in external storage to the one site.

Lots going on and we need a strong hand on the wheel.

I think Peter is the man for this task

tiger

[davidosh] 10/11/2022 14:24

Almost there....

[darrin1471] 09/11/2022 14:00

"A wave of Chinese deflation will soon be coming our way.... China is slipping back into deflation. Factory gate prices rolled over in the spring and have been falling in absolute terms for the last three months."
"The workshop of the world will again be exporting goods disinflation to Europe and America within months."
"All circumstances are aligned for another long wave of cheap imports from China and East Asia. The supply chain disruptions following Covid have largely dissipated and oceanic shipping costs have returned to levels that restore the commercial arbitrage advantage to the Far East."
China’s tightly controlled currency basket (CFETS) has already fallen 7pc since March. “It is clear that the authorities are allowing the fix to gradually weaken,” said Khoon Goh, currency strategist at Australia’s ANZ.




My concern remains the £8.5m stock TND held at end of H1 and that new inventory will land at significantly lower prices. Long lead times were reported earlier this year. So is more stock arriving at agreed higher prices or have TND been able to cancel orders?

[castleford tiger] 09/11/2022 13:09

been impossible to buy for ages

[cwa1] 09/11/2022 12:29

OK, who caused that little upwards blip then??

[tiswas] 08/11/2022 16:53

No problem.

[castleford tiger] 08/11/2022 16:28

in connection with his appointment, Mr. Kimberley has today been awarded 37,500 options to subscribe for ordinary shares in the Company under the Company's 2019 Employee Share Option Scheme (the "Options"). Any future exercises of Options will be satisfied from existing ordinary shares held in treasury by the Company.

The Options are exercisable from 31 December 2024 at a price of 325 pence per ordinary share.

In addition, Mr Kimberley has been awarded 37,500 ordinary shares in the Company, These ordinary shares cannot be sold within 12 months and thereafter only with agreement from the Board. These shares will be satisfied by the transfer of ordinary shares held by the Company in treasury.

You are correct that slipped by me.
Tiger

[castleford tiger] 08/11/2022 15:08

Has he been given any yet?

tiger

[tiswas] 08/11/2022 14:16

Has the CEO put his hand in his pocket and bought any shares yet or just been given them?

[castleford tiger] 16/9/2022 17:32

Have we passed the lowest point?
Turnover seems to be coming back a little.

[cwa1] 15/9/2022 07:51

15 September 2022

Tandem Group plc

(the 'Company' or 'Group')

Interim results for the six months ended 30 June 2022

The Board of Tandem Group plc (AIM: TND), designers, developers, distributors and retailers of sports, leisure and mobility equipment, announces its unaudited interim results for the six months to 30 June 2022.

Summary

-- Peter Kimberley appointed as Chief Executive Officer in May 2022
-- New warehouse project remains on track to be completed before the year end
-- Continued investment in eMobility sector, with successful launch of eMobility website new Electric Life website ( www.electriclife.co.uk ).

-- Group revenue in the six months to 30 June 2022 of GBP12.9 million (H1 2021: GBP19.3 million)

-- Gross profit of GBP4.4 million (H1 2021: GBP6.1 million), with an increase in gross margin, to 34.0%, primarily as a result of foreign exchange movements

-- Profit before taxation of GBP0.3 million (H1 2021: GBP1.9 million)
-- Basic earnings per share of 5.8 pence (H1 2021: 31.2 pence per share)
-- Maintained proposed interim dividend of 3.43 pence per ordinary share
-- Cash and cash equivalents of GBP3.2 million as at 30 June 2022
-- Net debt after borrowings as at 30 June 2022 of GBP1.5 million
-- Despite prevailing economic challenges, there have been encouraging signs, not least from the securing of a significant number of new customer accounts, and recent targeted product promotions have yielded good results.

-- As a result of management actions taken, profit after tax for the full year ending 31 December 2022 remains in line with market expectations.

[actscap] 08/9/2022 07:31

On the motoring side https://www.retail-week.com/sports-and-leisure/halfords-sales-rise-driven-by-uptick-in-motoring-and-services/7042332.article?authent=1 but there may be some read across nonetheless.

[davidosh] 07/9/2022 18:17

£18 billion required to deliver cycling masterplan, says Boardman
Wednesday, 7 September 2022 by Laura Laker

Chris Boardman says England would need up to £18bn to grow cycling equitably between rural and urban areas, against a current pot of up to £3.8bn.

Active Travel England (ATE), of which Boardman is head, is tasked with meeting the target that half of all journeys in towns and cities are made by cycling and walking by 2030, and Boardman acknowledges to meet that target with the current budget they need to focus on high-yield urban routes.

While Boardman stresses his role is not as an advocate, he told a Transport Committee this morning while ATE will deliver some rural routes, he’d love to see a “more equitable approach”.

He said targeted increases in active travel to meet the 50% target would cost £9bn, while doing so equally across rural and urban areas would cost double that, adding “this is what it takes to deliver the product. And then it’s a political decision of how important you think it is”.

Boardman expressed hopes about the incumbent Prime Minister, Liz Truss, saying “continuity is the main thing that I would be looking for” from her, “and I’m very hopeful that will be the case”.

[castleford tiger] 23/8/2022 17:36

Simon a good strong holder

£2m plus in the game now.( clearly it was much higher)

Added to the holders who took out Jupiter and previous holdings there must be 30% ready and waiting.

Looks very cheap no matter the headwinds this next 12/18 months, and we even get out of jail on Electric bills with our own panels.

Tiger

todays fall i guess read from Halfords

[cwa1] 23/8/2022 16:31

Simon Bragg increasing his holding:-

[castleford tiger] 23/8/2022 14:44

bikes now moving to hard to get its reported!!

Tiger

[actscap] 22/8/2022 06:48

https://www.theguardian.com/society/2022/aug/22/gps-to-prescribe-walking-and-cycling-in-bid-to-ease-burden-on-nhs?CMP=Share_AndroidApp_Other

[castleford tiger] 05/8/2022 22:38

Banbury
I don’t think the rest of the business would work for HFD
This great weather I hope has kept sales ticking along.
I am happy to keep adding

[davidosh] 03/8/2022 15:36

Department for Transport data shows 2022 cycling rates rising sharply
Wednesday, 3 August 2022 Mark Sutton 0 Comments
Data published by the Department for Transport has shown a sharper than usual increase in cycling rates from the start of 2022 compared to prior winter to spring periods.

Though by many accounts the marketplace is slowing, aligning to a trend of dipping consumer buying power, cycling rates have flourished as other transport forms have become expensive and impractical when weighed against cost controls for families (though the data sadly does not confirm whether the cycling is leisure or transport cycling).

Put into the graph at the head of this article by bike business development specialist Mark Brown, English cycling rates got out of the blocks early this year and continued a steep trend into early summer; now shown to be north of 150% up against the first weeks pre lockdown in 2020.

The findings have been reaffirmed by Cycling UK today, who have trends against last year (not pre-pandemic) as 47% ahead on weekdays and 27% on weekends in the five months to the end of July. This arguably suggests greater commuter cycling increases, which would align to petrol price increases and rail disruption – from January to June the cost per litre on petrol has jumped by around 30%.

Cycling UK wrote on the subject today as fuel prices reached record highs in July, cycling levels were even higher than those seen at the same period in 2020, when quieter roads during the pandemic encouraged many more people out on their bikes.

Duncan Dollimore, head of campaigns at Cycling UK, said: “Rising fuel prices have triggered some people to think about their transport choices, switching some of their car journeys to cycling. But too many people don’t feel like they have that option because they don’t think our roads are safe enough to cycle on.

“The answer to that is more and better infrastructure for cycling and walking, giving more people the opportunity to do so safely rather than default to driving a short trip to work or the shops.

“With 71% of all journeys made in the UK under five miles, switching some of those to cycling is a simple way to help people make ends meet during the cost-of-living crisis, with additional health, wellbeing and environmental benefits. But to give people that choice we need local authorities to act now to make active travel a realistic option and help people keep moving.”

London cycling rates, including hiring

In London the trend has been reported to be up 24% on pre-Covid cycling rates, according to Transport for London’s own tracking from March through to June.

Giving some clues as to the transport versus leisure usage in the data, it is weekends that have led the greatest surge in usage, said to be up 82% versus 2019 rates. Meanwhile, weekday rates are likewise up, but by a shallower degree at 14%.

Analysis of London’s official bike hire data show that January, February and March were markedly ahead of the year prior at 82.6%, 46.7% and 41% up, respectively. The trend continued into spring with May up 30.3% and June up 8.6%. Hires lasted longer in the spring months for obvious reasons, though were only marginally different to the tune of two to three minutes, on average.

[banburyboy1] 03/8/2022 10:14

HI CT
My investment is far more modest and about 30% down. The balance sheet is really strong and the cost base in the main variable. I see very little risk in recession. Turnover down 30% profits might fall 40% but that's still £3m on a £15m market cap.
Tiger what's your view on a takeout. Just feels a great buy for HFD who are busy acquiring recently. Thanks

[castleford tiger] 03/8/2022 09:14

Eezy

I give my opinion and as I have over half a million quid invested here I am entitled to that.
I have given my reasons so I do not wish to waste my time again.

Maybe you should ask the biggest private investor why he has not sold any shares.

The market price is valid if you want to buy or sell today.

My opinion was /is the market reaction was far too severe but that afforded a chance to buy under the NAV.

I don't get them all right .
Hopefully investors make their own calls based on their DD .

tiger

[eezymunny] 03/8/2022 08:49

But Castleford Tiger on 29/11/2021 you said "Looks crazy cheap again", when it was c. £6.

Endless bullishness and optimism can cost you money. And costs other people a lot of money if they foolishly heed anything other people say.

How about a bit of risk/reward analysis?