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TND Tandem Group Plc

167.50
0.00 (0.00%)
03 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tandem Group Plc LSE:TND London Ordinary Share GB00B460T373 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 167.50 5,005 08:00:00
Bid Price Offer Price High Price Low Price Open Price
160.00 175.00 167.50 167.50 167.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motorcycles,bicycles & Parts 22.24M -1.24M -0.2261 -7.41 9.16M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:24:28 O 2,500 164.51 GBX

Tandem (TND) Latest News

Tandem (TND) Discussions and Chat

Tandem Forums and Chat

Date Time Title Posts
17/10/202412:11Tandem Thread with Charts5,841
23/6/202212:32shocker - 2 years of pain to work through -
11/9/202010:01Tandem Group - 2
01/2/201218:28Tandem.....good times ahead !534
24/8/200516:46Tandem Group303

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Tandem (TND) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-03 16:24:28164.512,5004,112.75O
2024-12-03 16:19:46165.102,5004,127.50O
2024-12-03 14:38:23165.1058.26O

Tandem (TND) Top Chat Posts

Top Posts
Posted at 03/12/2024 08:20 by Tandem Daily Update
Tandem Group Plc is listed in the Motorcycles,bicycles & Parts sector of the London Stock Exchange with ticker TND. The last closing price for Tandem was 167.50p.
Tandem currently has 5,470,829 shares in issue. The market capitalisation of Tandem is £9,163,639.
Tandem has a price to earnings ratio (PE ratio) of -7.41.
This morning TND shares opened at 167.50p
Posted at 02/10/2024 06:13 by castleford tiger
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
Posted at 19/9/2024 09:18 by actscap
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
Posted at 10/8/2024 21:48 by davidosh
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.
Posted at 31/7/2024 19:36 by actscap
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.
Posted at 31/7/2024 17:00 by darrin1471
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.
Posted at 31/7/2024 10:06 by actscap
I note Simon Bragg increasing his holding. Great news. Makes perfect sense as NAV per share c.334p (excl. Intangibles). We may get another set of rocky results in 2024, but no doubt the worst of the post pandemic whiplash effects are subsiding into 2025. Anecdotally seeing many more e-bikes on the roads too, so hopefully see the trend in e mobility remain strong, whilst other channels recover.
Posted at 28/6/2024 08:28 by castleford tiger
a few key facts from the AGM presentation.

Headwinds
Increase in cost of freight ( we do charge more for this)
Poor/unseasonable weather.

current NAV is 444p a share most in the property.
margin back up to 30%
sales expected to be up 20% this year.

Current fixed cost base can handle a big increase in sales so the gross profit drops though.
If we get a further 30% increase then PBT should be over 1.5m and eps in the 20`s.

Exciting new range of products being well received by the retailers.

If all these new orders and contacts come off 2025 could see the share price moving up after its heavy falls from almost £7 to lows just above £1.

However i am fully invested here so its wise to DYOR as to the future here.

regards
Tiger
Posted at 25/3/2024 13:31 by darrin1471
The revenue figures pre covid were £39m for FY19.
Last year they were £26.6m which was 10% below the lowest revenue figures in a decade. Now they are down another 17%. Thats 43% down on the pre covid revenue and that does not take into account inflation.
It looks like something has fundamentally changed rather than destocking after a covid boom.


The share price appears well supported by current holders. Without that support the share price would be a lot lower and be of more interest to new shareholders.
I can understand bicycle and garden sales falling after the covid boom but I struggle to see why toy sales would fall from £16.4m to £14.7m to £10.1

I hold no position, long or short.
Posted at 16/11/2023 09:54 by moathunter
Just a few thoughts:
A one sentence summary of TND could be "the moons aligned for TND during a once in 100 year social experiment (lockdown) which caused toys, leisure goods, gardening equipment and bicycle sales to skyrocket; they greatly expanded warehousing and onshoring(!).... to now realise they'll be under-utilising warehousing and so renting out (and other indicators of struggle)."
Assets are only worth the cash flows they can generate (or their market resale value).

One third of TND's revenue- bike sales- is likely to remain very low for 4+ years:
## it's a narrative fallacy to think 'the survivors in the bike industry will do well.' The bike industry is very fragmented, especially at the distributor and retailer end with many competitors. This fragmentation means even if 30% of competitors go under, the survivors will at best have proportionate uplift in sales but it will still be a small uplift because of the fragmentation.
More likely, bike sales will be subdued for 5+ years and when they do pick up, low entry barriers (causing industry fragmentation) mean new rivals will quickly enter in 2028.

## Second reason bike sales (and extending to some other sport and leisure- so around 70% of TND revenue!!) will remain very low for 4+ years is down to consumers. Covid saw around 5-7 years of normal bike sales time-shifted squeezed into just 1-2 years, as masses of people got outdoors and stimulus handouts and forced saving enabled spending on hobbies.
But there is only so much space in the garage for bikes, the majority only have need for one bike, a majority never touch their bike now, most bike owners keep the bike for 5-15 yrs... so the whole bike ecosystem is now stuffed full of bikes (channel-stuffing manufacturers, distributors unable to offlosd stock to retailers who now don't want orders (or gone under), second hand markets awash with bikes, garages and flats full of bikes (and same with sport and leisure goods for TND).
I've 2 decades road & MTB cycling experience, so know a little about the market and consumer.

So it's staggering that TND and the cycle industry at large never thought "our industry has constrained supply and a massive surge in demand with Covid... let's *not* place orders as though this is the new normal, projecting it into the future.
Instead, lets counter-intuitively place orders and manufacture at slightly below pre-Covid levels, because the micro-economics of each individual consumer means we won't see normal sales levels for some years now. And instead, we have to find alternative revenue sources to fill this cycle (and sports leisure) void."

Instead, TND just like everyone else in 2020/21/22 expanded their cycle and sports product range, ramped up digital marketing and management systems and doubled warehouse capacity...and now cannot receive the manufactured goods and don't have the orders they hoped for and instead resorting to renting warehousing- well, that's the alternate revenue source to fill the cycle and sport void!!

TND have optimised their business for a demand 50% larger (50% higher sales than £27m), and so the previously touted cost savings from developments in 2020/21/22 will prove illusory, as they're now counteracted by under-utilisation (of staff, of systems, of storage, of cost per product line, of cost per retail and manufacturer relationships).
Cue 'rationalisation/ streamlining' of all these areas next "to align to the new market environment" in 2023/24.
Crazy.
Posted at 08/9/2021 08:16 by skwas1
Has the Halfords comment on supply chain issues caused the TND share price fall today? Hoping our Sept trading update start to change direction of this share price So far it’s not done much for me over the last 12 months.
Tandem share price data is direct from the London Stock Exchange

Tandem Frequently Asked Questions (FAQ)

How many Tandem shares are in issue?
Tandem has 5,470,829 shares in issue.
What is the market cap of Tandem?
The market capitalisation of Tandem is GBP 9.16 M.
What is the 1 year trading range for Tandem share price?
Tandem has traded in the range of 67.50p to 243.00p during the past year.
What is the PE ratio of Tandem?
The price to earnings ratio of Tandem is -7.41.
What is the cash to sales ratio of Tandem?
The cash to sales ratio of Tandem is 0.41.
What is the reporting currency for Tandem?
Tandem reports financial results in GBP.
What is the latest annual turnover for Tandem?
The latest annual turnover of Tandem is GBP 22.24M.
What is the latest annual profit for Tandem?
The latest annual profit of Tandem is GBP -1.24M.
What is the registered address of Tandem?
The registered address for Tandem is 35 TAMESIDE DRIVE, CASTLE BROMWICH, BIRMINGHAM, B35 7AG.
What is the Tandem website address?
The website address for Tandem is www.tandemgroupplc.co.uk.
Which industry sector does Tandem operate in?
Tandem operates in the FORESTRY sector.

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