Tandem Share Discussion Threads

[amt] 11/9/2013 06:24

If you watch the tv series about retail presented by Robert Preston you get an idea of how difficult that business is. In the very tough environment numerous businesses have gone to the wall. It was all about cash preservation over the period of the recession. Tandem have come through it in good shape with plenty of cash in the bank to fund what hopefully will be growth on the top line as the economy recovers. Looking forward to the results. It's also good to see a company where directors have been buying shares and not cashing in share options and thus working in the longterm interests of the company.

[greengiant] 10/9/2013 11:31

I haven't posted here for an awfully long time, Castle give up, this management will not change they are accountants. They have no idea how to grow a business as the last x number of years has shown. Frustrated me to death.

gg

[jeffian] 10/9/2013 10:47

I don't think it's an issue of online/retail. I've just been to Evans to buy a new bike - looked online then went down to the shop to try - and the place was absolutely humming with bikes flying out of the door. Frankly, if you can't sell bikes in this market, by whatever method, there's something more fundamentally wrong.

[castleford tiger] 10/9/2013 08:54

Shaun

Work out how many bikes we sell each year into how many shops?

Then work out the cost of servicing that supply chain.

Things change and we need to.
To start we develop a range exclusive to sell via the net.

Sorry but its the way forward.
We are seeing NO growth but its there, taken by others.
change now.

tiger

[graham1ty] 06/9/2013 12:16

OK, see the trades now at 100p and 98.7p............possibly not dead in the water. Presumably results later in the month

[davidosh] 06/9/2013 10:36

I suspect someone has seen the good weather through the Summer and all the bikes on the roads and is thinking where can I invest in that market !! There is certainly a buyer about but my broker says it is fairly small size so far.

[graham1ty] 06/9/2013 09:48

Why is this suddenly 95p bid ? not seen any trade and no announcements ??

[graham1ty] 28/8/2013 13:28

Close period so they cannot say anything. Suprised not been picked up somewhere as "the most pro-cycling exposure in the market" with all the cycling hype recently. Results must be a few weeks away. WDid the sun start shining pre June 30th ? I cannot remember. Would be lovely, heaven forbid, to get a positive statement.

[mrshaungcm] 13/8/2013 20:14

hxxp://www.bikebiz.com/news/read/turnover-and-sales-up-but-profits-down-as-evans-invests/015231
Weather and investment in online and stores takes toll on profits

Evans Cycles has revealed a rise in sales and turnover in the year till November.

According to City AM, sales rose 11 per cent with turnover up £94.3m to £104.9m. However, pre-tax profits down 70 per cent to £269,000 from £893,000.

According to Retail Week, the fall is down to investment in new stores, Evan's website, new IT systems - and weather.

Evans told RW: "We continued investing in stores and systems despite it being a tough year. We achieved sales growth and flat profits, which we are proud of."

There's more financial news from the cycle industry here.

[fugwit] 09/8/2013 12:25

Just back from Sweden where the family get around on bikes, two key differences with trying to cycle in the UK: 1) the bike infrastructure is fantastic, plenty of bike lanes, usually separated from traffic; and 2) bikes just don't get stolen very often: no need to carry locks around you just use the built in locking bolt on the back wheel. It is getting better here but still a long way to go, we just do not have the infrastructure or a real willingness to develop it......and the country seems to be full of thieving bstds....imho

Edit: just read the link above.....forgive the parroting rant...

[davidosh] 09/8/2013 07:32

I have just returned from a cruise that took me around the Baltics where cycling is far more popular than here in nearly every country we visited...



The UK has a long way to go.

[mrshaungcm] 04/8/2013 17:25

We need to be selling on line DIRECT

will loose their independent dealer network if they did that

Dawes and Claude butler not really premium brands any way

so no point price shagging on the net

[castleford tiger] 04/8/2013 17:00

We need to be selling on line DIRECT

[strollingmolby] 16/7/2013 16:54

True with overall classification winners Wiggins, and hopefully Froome this year, but we've had a number of good sprinters winning stages over the years - Cavendish now has 25 stage wins, Boardman winning prologues in the 90s, the two Millars, and Irish riders Sean Kelly and Stephen Roche in the 80s. We've not been without home nation heroes!

[amt] 16/7/2013 16:45

Yep but its only recently that the TDF has got British success and has created a cycling mania.

[davidosh] 16/7/2013 16:12

Yes forget the TdF...the weather is the key ingredient here and folks heading to bike shops to get kitted out rather than buying cheap and cheerful off the internet.

[strollingmolby] 16/7/2013 15:05

True - though the TdF happens every year (and Olympics every 4) but the TND Board seem unable to sell into the general interest created.

[amt] 16/7/2013 12:38

and the Tour de France

[davidosh] 10/7/2013 11:55

This fab weather should be doing wonderful things for outdoor sales and certainly bikes.

[graham1ty] 10/7/2013 07:48

Halfords showing cycling like for like revenue up 15.5%. Not enough narrative in the announcement to see how that is split sales/maintenance/parts but still pretty good numbers

[hastings] 03/7/2013 23:16

hxxp://www.cambridge-news.co.uk/Business/Private-Punter/Tandem-is-looking-to-move-up-a-gear-20130703090319.htm

[poco a poco] 22/6/2013 13:29

Birmingham Council is to invest £17,000,000 in a cycling revolution.
Possibly including a 'Boris Bikes' initiative.

Errm - Where is Tandem/Dawes Cycles based ?

As a Brummie, I've let the relevant council dept know they have a cycle company on their doorstep - In a high unemployment area that needs work.

Tandem should be all over this opportunity.
(But I wont hold my breath.)

[graham1ty] 07/6/2013 14:54

Jim showing faith.

Reasonable size seller at 85p......not that many holders of 25,000 and it was not me