Tandem Share Discussion Threads

[davidosh] 10/10/2011 08:13

neverforget....You are being rather selective with your reporting. I had already stated that my family holdings were in more than one nominee account and you have only identified my personal holding at 81,000 shares. I am not going to spend time going through a 1000 posts but there is nothing I am aware of to suggest our family holdings are any different to those recorded. We still have over 2% as stipulated here last night.

Maybe you should tell us exactly what shareholdings you have had in Tandem at various points over the last three years and why we should be interested anyway ? Did you record your holding on that poll for example ?

[18bt] 10/10/2011 08:01

My shareholding still the same as for the shareholder poll: 0.22% of current share cap.

[neverforget] 10/10/2011 07:29

nobody needs to keep me informed I seem to be using the same math principles that you apply
davidosh - 10 Nov'09 - 10:47 - 1572 of 2548

supreme mo.....Excellent do you have an email ?

Just to keep a running tally...

CWA1....1%
treatmelike...1.5% ish
davidosh....2.2%
supreme mo...2%


Any more ?

then you posted this on the link 81/ shares

alunmorris - 18 Feb'10 - 11:43 - 1685 of 2548

Poll:
To express your opinion (anonymously if you wish) on Tandem's having one non-exec (the Chairman) who is also the remuneration committee:


in that time you posted that you were a net buyer yet 81/ was just 1.25% at the time. enough of this these are just examles of why you will never do anything here not a holder never plan to be a holder the company will get crucified with a falling £

[graham1ty] 09/10/2011 22:18

And to be clear, my current holding is 100,000 which is over 2%

[graham1ty] 09/10/2011 22:17

never, I did not say that I do not trade in and out. I did sell some when I wanted to. I bought it back when I wanted to. I hold more shares than I did a year ago, so over that period have been a net buyer.

I am not quite sure what yr point is anyway ?

[castleford tiger] 09/10/2011 17:08

Not over here much i am a iii man.

I have 105,000 share in two accounts. That may well be more tomorrow because at 90p i am having a few more.
The company has said it will make approx 580k (results out later this month).
So thats 10or 11p eps in the bag.
I think a 2p int dividend as well.
The NAV Is double share price...........

Going back to non-exc role.
i have 30 plus years in retail/importing/distribution.
i am Chair of a food comapany and one of 2 shareholders in a private company.
This has been built from 2.5 million t/o to 50 in 10 years. No debt just good solid growth.
We buy in China and the far east i have many contact in Indonesia, and other far east countries.
i understand importing/stock and forward sales. I understand getting the product right at that end.
I think this BOD needs support and help because we have a small company that has flat/falling sales.

best
tiger

[graham1ty] 07/10/2011 19:20

never, who was post 2540 aimed at ? If you look at the register, you can see my holding quite clearly: it is in my name, not a nominee. And, yes it remains above 2% where it has been all along

[neverforget] 07/10/2011 18:55

saw the register splitting out top 80% of nominee accounts. now did you say 2% or was it closer to 3%?

[davidosh] 07/10/2011 18:45

neverforget.....there are over 1000 entries on the shareholder register and many are in nominee accounts. You are still not making any sense. What is the vote or backing that did not come forward in support of gg that you refer to ? I doubt you even have a copy of the register and as you claimed you sold out on the same day as gg did then I am even more uncertain why you are seeking to cause a problem here ?

I do not know you so certainly have no intention to discuss my family shareholdings with you but the Board are certainly well aware of my holding and that of a number of us who attended the Agm. As you can imagine the Board watch the register like a hawk after gg built his stake so profitably !

Why not email me if you have genuine concerns or thoughts that can help shareholders here ?

[neverforget] 07/10/2011 18:29

how to explain that? let me ask you what your shareholding is and i will be able to check it to the shareholder register i have seen. what was it 2%? Thought not.

[graham1ty] 07/10/2011 17:39

PS, the 80p was a pretty rubbish price: there was no bid. I hope that the Company might have been alerted and picked them up.......to avoid this apparent collapse

[graham1ty] 07/10/2011 17:38

I agree with much of above. We all loved it when gg pushed the price far too far. We all got greedy. It never should have got up to 170p. This Company is sound, profitable, cash generative, but like everyone else, in a pretty rubbish market place. They will survive, they will be fine, but no great prospects for the moment. And few prospects as a private company of this size, for private investors.

I think they probably should be a private company now. I hope they might start buying back more shares in the market. Then one day, a backer will give them enough cash ( or debt) to buy out the rest of us. PS what I would not forgive is a delisting......I know it is costly being listed, but I have yet to see one of the ( many) Companies withdrawing doing a decent deal for private shareholders.

So, let us encourage them, encourage discourse, keep fingers crossed for some kind of Olympic dividend, and curse our greed for not selling to Andrew above 150p. I'd be buying back twice my original stake now......

[whoppy] 07/10/2011 16:56

I think GG saw a good company with cr*p management and tried to change it around but then was bought off because the BoD didn't want their party spoilt. I think he tried to spin it by saying the management are really passionate about the business to make shareholders feel he had had an affect. Unfortunately passion doesn't equal profit.

[davidosh] 07/10/2011 16:50

wont happen this could have been so different but people here bullshi@@ed about the level of their holdings when gg was trying to instigate change and now they are left with a company that is run for management not knowing where to grow and a failed strategy. (Neverforget)

neverforget...Maybe you could explain that one in more detail !

At what point did gg need a company vote on anything ?

Who exactly gave a false level of holding ?

I am fairly certain that gg knew exactly what he was doing and made sure he had an exit plan A and then plan B if that was not able to work. The rest of us were in his hands to a certain extent and carried along for the cycle ride !

I am a long term investor and do not have a private equity background. There are a few questions to be asked though but not sure what you are suggesting with yours ?

[whoppy] 07/10/2011 16:43

Management told GG if I remember correctly that he spoiled their little party because he kept sending the share price up eveytime he bought. Shows you they prefer to have a low share price Kinda makes you think. A non committed management whose only passion is to stick their noses in the trough while shareholders who own the company are treated with contempt. They have lost us so much money with all their buy backs which shows up there limited ambition in trying to create shareholder value.

What's the point of them even being listed on the market and how do they get away with it. I think they need investigating.

[graham1ty] 07/10/2011 16:38

There we go, 80p, halved in a year. Annoyingly Andrew was right.

And they paid him 140p for 821,000 shares, so at 80p, they have overpaid by £492,000. Add in another 80,000 shares at 111p, another c £25,000. Ouch.

Steve, encouraged to get more involved, told by us ( well actually, me) that he needed to be tied in by an equity exposure, that could make or break him, has lost nearly half his 140p.

Hey ho. Wait for the interims.

I really should get into greenmail.

[neverforget] 07/10/2011 16:36

wont happen this could have been so different but people here bullshi@@ed about the level of their holdings when gg was trying to instigate change and now they are left with a company that is run for management not knowing where to grow and a failed strategy. yes it has cash at the moment but can only see margins being decimated as the £ drops versus the $. yes they hedge but that has to be negotiated again at the end of november. too many people here looking after their own interests one which is likely to continue to to the illiquidity. if you want to seell you cant because any volume will have the effect like today 10k at 80p and the shareprice is decimated. daviddosh what about strategy presentations and broker forecasts? silence from the company.

[whoppy] 07/10/2011 16:23

So do we put today's share price level down to the failed BoD or do they have an excuse that the slow down in the econony is to blame.
Considering Halfords bike sales are up, as cash strapped motorists are getting on their bikes, I tend to believe we still have continuing problems with the management here. Why are they not able to move the business forward and create shareholder value. They are either incompetent or don't give a damn.

It's time they got on their bike.

[neverforget] 05/10/2011 15:23

the drop in £ to $ is going to crucify tnd's margins. those expecting 20p eps this year are going to be disappointed more like low teens and if the $ continues to weaken may even see this falling into a loss position after all sales are not increasing are they? then again the company need not warn because it of course has no forecasts out nice position for management to be in

[graham1ty] 12/9/2011 07:26

Very good article in the Times on Friday. Almost half a page, inc history on CB and Dawes. No idea how they placed that, but good coverage