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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 135.00 130.00 140.00 135.00 135.00 135.00 357 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Leisure Goods 38.8 2.5 40.5 3.3 7

Tandem Share Discussion Threads

Showing 3826 to 3850 of 4875 messages
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DateSubjectAuthorDiscuss
29/3/2013
16:11
I think loss of market share is doing the damage
castleford tiger
28/3/2013
21:20
The not so good weather is hurting the bike trade - and will continue to hurt for a further few weeks - need warm dry weather - and quick
mrshaungcm
28/3/2013
21:18
Bicycles and accessories Revenue in our bicycles and accessories businesses for the year ended 31 December 2012 of £16,979,000 compared to £18,235,000 in the 11 month period ended 31 December 2011. There was a further reduction during the year in revenue from national retailer promotional and FOB business. Despite the fall in revenue, the change in sales mix improved margin by 2 per cent. The operating profit before management charges was £797,000 compared to £946,000 in the 11 month period to 31 December 2011. Although there was a strong 'feelgood' factor following the British success at the London 2013 Olympic and Paralympic Games and in the Tour de France, anecdotal evidence suggests that the leisure cycling market actually contracted in 2012. The year was the wettest year on record for England and the second wettest on record for the United Kingdom overall. Following a promising March, the months of April, June and July experienced significantly more rainfall than the monthly average which adversely impacted on bicycle sales in our market. Notwithstanding these issues, revenue from our flagship brands of Claud Butler and Dawes increased. We have continued to provide a quality range of cycle products, offering great value to our customers supported by excellent customer service. We have also taken the step to restructure the bicycle division by separating the independent dealer business from the national retailer business. From 1 January 2013 all national account bicycle business was transferred to our sports, leisure and toys division in Birmingham. It is envisaged that this change will enable a greater focus on independent customers in the bicycle businesses. Bicycles revenue for the 12 weeks to 22 March 2013 was behind the same period last year. Although we reported successful January cycle shows and a significant increase in the order book, once again the poor weather has had a negative impact on consumer footfall.
mrshaungcm
28/3/2013
18:27
Looks like most is hedged. any views on today?
castleford tiger
14/3/2013
16:48
its passed on or the purchase price reduced. I am dealing in USD daily and huge amounts. Could fall to 1.40 or lower. tiger
castleford tiger
04/3/2013
07:46
I do not think they hedge as much as they might.....every statement for the last few years has blamed the dollar !
graham1ty
01/3/2013
15:28
how much though and dont you think that the hedge will run its course. they use a cap and collar hedge so it would have broken through the collar which will still be hurting them profitability wise
neverforget
01/3/2013
14:39
neverforget....You are assuming they did not hedge any of their forward committed dollar exposure ? I think the directors are pretty aware of the exchange rates and what they need to do within certain ranges.
davidosh
01/3/2013
12:53
this is really going to hurt tandem considering the amount of forex it is involved in free stock charts from uk.advfn.com that coupled with net debt at HY of £1.6m was free hold property really a good idea?
neverforget
07/2/2013
08:34
I do agree about a lack of ideas......... tiger
castleford tiger
07/2/2013
08:03
Halfords bike sales were down last quarter..... from what I gather top end bikes are fine. Lower level bikes, trading is still cutthroat. I do not think iot was a bumper year for bike manufacturers. I am suprised they did not make more of the turnaround. At the interims they gave an effective profit warning, saying profits would be down year on year. 2H must have been very good as they are now saying that profits overall were ahead. I know lots of sucking in on teeth about difficult times, but beating last year is better than it might have been. I agree re the property, .....however, if they save £300,000, even allowing for new interest cost of say £50-80,000, they shoudl still be making a couple of hundred thousand on the bottom line......not a bad investment
graham1ty
06/2/2013
22:02
Halfords latest quarters results are a useful barometer of the biketrade - moniter them. Other than that it is hard out there - cycle to work scheme making a comeback in our area - subject to the usual 10/12% discount to the scheme providers
mrshaungcm
06/2/2013
21:55
Buying the freehold is hilarious. If that is the best use this company can put its cash to, then that is very telling. I can't understand why you lot put up with this management.
effortless cool
06/2/2013
21:47
they appear to have unwound their stock which has released cash so fair play to them. I don't get why they have bought property. it says to me they have no idea how to grow the business. this shown in the best ever year for british cycling what happened to their sales? this is why the company is so cheap.
neverforget
06/2/2013
10:13
Valued at under 4 million and making 1..........the shares are undervalued. Co is spinning cash off and i like them buying the freehold. Its a non dep asset that saves us 300k a year. 1.6 million over 10 years means first year 160 k plus interest say 50k net saving of 100k straight to bottom line. With the cash they are throwing off they will soon pay it down. I must try and make the AGM this year because there are lots of trading questions i need to ask. tiger
castleford tiger
06/2/2013
09:43
That 300k net saving on rent will come in handy to pay for any pay rises the directors might fancy awarding themselves as a result of increased profitability from this move. What was quite amazing was the fact they managed to get funding for the purchase at such a low rate. There are many a listed property company that can't access funding costs as low as that.
horndean eagle
06/2/2013
08:27
These were well bid at 81p yesterday. That bid has gone.....
graham1ty
06/2/2013
08:17
If they were comparing 12 months with last "year's" 11 then they would be lying. No, they must be comparing equal periods. I would also have expected them to specify which profit they are referring to. I presume it is PBT but they should have been explicit.
puffintickler
06/2/2013
07:59
Must clarify with Jim what they actually mean by profit up on last year. At the last trading statement was forecast to be down.... Last year was only 11 months because of the change to the year end. So ? beating 13.4p ? Beating £820,000 PBT ? Or is the wording bad and they mean 2H was better than 1H ?
graham1ty
06/2/2013
07:54
At last year's AGM it was pretty much said that they would find it difficult to make much headway with existing businesses and an acquisition would be needed for any step change forward. ( despite the rather chequered history on acquisitions). Well, that is out the window !!
graham1ty
06/2/2013
07:40
Hi Graham, The impact on the P&L will be in next year's results. Although not exactly rocket science it will do more for profitability than anything else they have done, a net gain of 300k py is a 40% increase in profitability. Remember, only 1600k is increased debt so it will have self-financed in 6 years. That said the rest of the statement is very uninspiring in such a good year for cycling. At least it seems their premium cycles are starting to make some headway but as always this company seems to just drift overall. I reckon slightly positive on balance but share price will probably drift down slightly.
puffintickler
06/2/2013
07:29
Good.....bad....good....bad....
cwa1
06/2/2013
07:23
Typical TND statement......bit of this, bit of that. Bicycles not doing well in record Olympic year......but maybe more profitable.....both divisions behind.....but probably ahead..... I suppose the single statement that "Revenue for the year ended 31 December 2012 was similar to the prior period at approximately £29 million and profit was ahead of the previous period" has to be positive..... Buying the freehold.....why ??? I suppose it helps the p&l longer term and it may be a good offer. BUT, bang goes no net debt ( and not stated what the position will be now); reduced chance of divi increases; unlikely more buy backs; what about the acquisition they have been talking about ?; AND I want a profitable bicycle business, not a property holding company.... Overall, my guess would be opens fractionally down ???
graham1ty
31/1/2013
19:32
neverforget - I am stating current purchases implies they are very comfortable about cashflow which is a good sign nothing more than that.
amt
31/1/2013
17:24
Cash and cash equivalents £2,018 Financial liabilities £3,656 net debt 1638g that is more than what they have spent on shares which means they would have been in a net debt position anyway
neverforget
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