Tandem Share Discussion Threads

[judgement] 15/2/2011 00:27

Why does Burgess sell out at 131p, and the company buy at 140p?? Seems like someone's (Burgess & the shareholders) being ripped off big time!

[neverforget] 14/2/2011 17:55

well i never expected that. why the big drop surely everything else is in line even if the largest shareholder wanted out. guess others here will have to declare there 3% shareholdings daviddosh when are you doing yours

[snowman10] 14/2/2011 15:56

Not sure as well if we are in a closed period?

Snow

[snowman10] 14/2/2011 15:36

they do, but EPS WILL rise 20% to circa 23p this year.
They have put their own money in as well.

its just as i thought.

not sure about the lump at 110p?? maybe the market makers?

snow

[deswalker] 14/2/2011 15:24

Quite a good strategy. Buy a big stake in a cash rich company, make a nuissance of yourself with the management so that they are desperate to get rid of you, they then use the company's cash to buy you out at least partially because it solidifies their position on the Board and gets them back to how they like it. Clever !

Not so sure it's that great for those left behind though. Fewer shares is good news for the numbers, but the catalyst for change has gone and the management have a stronger grip than before.

[snowman10] 14/2/2011 14:04

my guess is the company.

Either to cancel or direct to management.

If they have it must be a good sign.
I followed tiger in here as it looks too cheap at 7.8 times.

snow

[grahamty] 14/2/2011 11:35

Not sure any price on any screen is real just now. Wait to see who the buyer is before any MM will make a price in any size...........

[amt] 14/2/2011 11:15

Well its back up to where it started. Must be something to do with the new system implemented by the stock exchange today I guess.

[balcony] 14/2/2011 11:05

I wonder who he sold to?

[balcony] 14/2/2011 11:02

Well GG said we would see action after his friday night meeting.

[amt] 14/2/2011 10:44

why the huge fall today. Cannot believe that after a quite good trading statement.

[cwa1] 14/2/2011 10:41

Some pretty chunky trades this morning.

[horridharry] 11/2/2011 10:28

In the trading statement there is alot of stuff about ranges etc exceeding our expectations. is this a good thing? after all the companys expectations for the year was 640/ do they normally set such low expectations. GG good luck with the current route you have my vote

[neverforget] 11/2/2011 09:59

Well things are certainly going to liven up this weekend i wonder if the board are going to try another sleight of hand to stop gg from making the necessary changes. anyway you cant say they havent been warned andrew was here 9 months ago saying that he wanted change and profit growth and in that time nothing. the trading statement whilst detailed was ordinary the norm that we have come to expect. anyway whatever happens gg you have my support

[asagi] 10/2/2011 21:15

Thanks for the updates greengiant, we await...

[alunmorris] 10/2/2011 19:16

I can see the headlines on the BBC now:
"Domineering leader forced from office after popular backlash"

[greengiant] 10/2/2011 17:18

grahamty,

Unfortunately the share price will only rise if you have buyers. Nobody is interested in buying. You have to ask yourself why, and the simple fact is that this business has had 5 years to develop and execute a strategy to enhance shareholder value and they just have not done it. Yes the balance sheet has been strengthened but only marginally considering the amount that has been taken out in the form of remuneration.

So why now the sudden rush to try to build this company. A cynic might say that it is primarily a self serving exercise in that in part their existing roles are at risk and certainly their remuneration package. 5 years an no profit or turnover growth. That is not acceptable and tomorrow evening, something will happen, although I imagine it will be Monday / Tuesday before you hear about it.

Have a good 24 hours folks

Andrew

[davidosh] 10/2/2011 15:39

There is a very good thread started over in the Pub if any of you want to add anything....

[grahamty] 10/2/2011 15:30

I am suprised at a 137p seller. The trading statement is dull, but no disaster. In fact another year of £1m profit, c 20p of eps, a first year of divis, it is fine. So mant companies trade at a 20% discount for the fear of a profit warning: the sigh of relief when all is OK should be enough to support the price.....

Anyhow, since Andrew stopped buying, there is no other buyer in town, so 137p for not a vast number of shares. As we were fairly steady at 154p bid for a few weeks, that is a 12% fall on the statement. I am suprised.

[greengiant] 10/2/2011 09:51

guys

thanks for the mails all in hand

Andrew

[neverforget] 09/2/2011 21:04

this has become oh so normal for tandem. what is it now? 5 years of static turnover and 5 years of static profits? this board have continually failed to deliver growth. I though jam tomorrow was the sole domain of technology companies. but i suppose if someone was looking to acquire say a 22% stake now would be a good time after all the directors would have restrictive covenants so would be hobbled for at least 12 months. maybe gg is thinking just that.

[campbed] 09/2/2011 19:05

The usual curate's egg of a trading statement isued today by Tandem -- good in parts, bad in parts. But only a company with "Micky Mouse" investor relations would choose to release a TS at 2pm that is not a profits warning!!! Why not spend all of £50 to issue an advisory of a future announcement to be made at 7am to show it trying to be a company with "normal" investor relations.

They say PBT for y/e ending Jan 2011 is expected to be marginally better than last year on slightly reduced revenues.

Marketing developments to get some growth into Tandem's revenues still look limited and laboured -- bicycles on resurrecting heritage names so as to, at best, preserve sales at previous levels when others have grown their sales and ranges in a fast growing market over the last 5 years; toys on attending the Toy Fair for the first time in 11 years -- whoppee!!.

The licencing agreement for 2012 Olympics does look to be good news if not exclusive- though Tandem will no doubt choose to find it difficult and challenging to do!!!

The UK consumer sector for 2011 does look difficult and challenging even for a company with more enthusiasm than the perennially downbeat writer of Tandem statements. Other distributors, such as Character (CCT), look to have more going for them IMO as a business but maybe Greengiant (Andrew) can create some excitement through the large shareholding he has built up.

[greengiant] 09/2/2011 17:06

Anyone want to contact me

[e-mail]

Andrew

[devymaster] 09/2/2011 14:16

Trading statement out. Positive in part:

[neverforget] 02/2/2011 20:08

New Dawes range is out,
Looks good