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
  +0.00p +0.00% 170.00p 160.00p 180.00p 170.00p 170.00p 170.00p 67 07:31:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Leisure Goods 32.5 1.9 32.3 5.3 8

Tandem Share Discussion Threads

Showing 4401 to 4425 of 4675 messages
Chat Pages: 187  186  185  184  183  182  181  180  179  178  177  176  Older
DateSubjectAuthorDiscuss
03/3/2018
10:52
Tiger, the Board do not have a big enough holding to get a buy out off the ground. And they would never be able to raise the finance p.a. I did worry in the past that their whinging about the cost of listing would lead to them proposing delisting. Price would drop to 50p......and then they could afford it........
graham1ty
03/3/2018
09:46
Not sure why they don't buy us all out and take it private? If they paid double current price 2.00 a share its under 10m. ( of course we know its worth more) 300p would be fairer. For a company making 1 to 2 million with assets of 8 million possibly 10 this year its a no brainer. Maybe no debt has gone it may be on their agenda tiger
castleford tiger
03/3/2018
08:48
Tiger, amt there IS a high payout ratio.....the trouble is it in Directors salaries. No wonder they are not accumulating assets and growing. It is all going out of the door to the Board. Total remuneration for the last few years: 2016 was £689,000 2015 was £665,000 2014 was £820,000 ( three Directors got over £200,000) 2013 was £566,000 That is over half the market cap paid out in four years. Or last year alone 13% of the market cap paid out !!!!!!!! This compares to the dividend cost of £185,000 last year and £171,000 the year before. So, Directors get almost FOUR times the payout to shareholders. Operating profit in the last four years has been pretty steady between £972,000 and £1.5m. That means the Board is getting between 50-70% of Operating Profit. Until the Board excess is challenged and changed, this will remain a gravy train for the Board. The share price is roughly the same level as it was 15 years ago. Why do the Board get paid up to £820,000 for that ???????
graham1ty
03/3/2018
07:51
amt I THINK you will find at last year end Net assets were well over 8 million so expected to be close to 10m now. That's double the market cap of 5m Furthermore they are real as the building will be 3m of that 10 figure. I certainly think there will be no chargeable debt by end of this year and from 5 m a couple of years ago. That saves 150/200k a year in interest and from this year there is 250k a month that we were paying for the building. That's 400k plus a year. Not sure what the plan is with all this cash as the dividend has only grown slowly in the last 5 years. Maybe a special dividend as the Directors hold a few shares. The biggest problem with TND is the lack of market in the shares. The day you buy you lose 10% so why bother? Now if the company agreed to pay out 1/3rd of its earnings the shares could be bought for income. 42k shares traded on the update and non yesterday. There is just not a market ( due to poor MM and lack of data from the company) Tiger
castleford tiger
03/3/2018
07:08
Another year like this one (assuming 1.5m profit) and should be debt free. Another couple of years and net assets should be in excess of current market cap so market is pricing the Company extraordinarily low.
amt
02/3/2018
18:23
Acquisition of freehold property In February 2013 we completed the acquisition of the freehold on our property in Castle Bromwich, Birmingham for cash consideration (before expenses) of GBP2,600,000. The Consideration was satisfied by means of a new 5 year term loan of GBP1,610,000 provided by the Company's bankers and the balance from existing cash resources. Following the acquisition, we expect to save approximately GBP300,000 per annum net of interest payments. HALF THE MARKET CAP......... finished paying in FEBRUARY 2018 Tiger
castleford tiger
02/3/2018
18:19
we got 1.30 from 1.25 at half time and 2.5 last year end so my guess is 2.7p final giving 4%. No market in the shares so I don't know how we get value there unless a bidder comes along. On fundamental's they are worth 250-300p as I expect 30p eps. Well asset backed -----the warehouse cost a few bob and that's paid for now. Tiger
castleford tiger
02/3/2018
18:12
MM want 10% profit on trades that's too much. Any forecasts on the Dividend for the year? Tiger
castleford tiger
01/3/2018
11:41
Depends what terms they leave on really. Till then barge pole required.
my retirement fund
01/3/2018
10:52
Whats the opposite of a profit warning. I think thats what we got today. Pity about Brexit which seems to be damaging confidence when the rest of the World is enjoying strong growth. However once everything is clearer in a few months perhaps consumer confidence will return.
amt
01/3/2018
08:47
I think at least 1.5 so 30p eps Savings were a million a year remember. May even make 2 million. Way too cheap but we all know that. Tiger
castleford tiger
01/3/2018
08:22
Looks like something around 3m of cash generated judging by the reduction in debt although cannot state that catagorically there has clearly been a lot of cash generated. Looks like current pe is less than 5 so hopefully plenty of upside. Its becoming a very lean and efficient business with a great range of products.
amt
01/3/2018
08:15
I think it's worth significantly more. They're almost always a little diffident about the outlook; who wouldn't be in this retail environment?
value hound
01/3/2018
07:58
Very tough markets so difficult year ahead but excellent management so I am confident of the longer term. Fabulous results though and large reduction in debt shows a lot of cash has been generated. Market cap less than 5m for a company with sales well over 30m. I should think the stronger pound vs USD will help in current year.
amt
01/3/2018
07:20
Significantly ahead at net profit level - presumably that means at east back to 2015 levels and possibly more, meaning EPS of 20p or more. Like the prudent management of the ToysRUs situation and cash generation. A much more detailed statement than usual, which s good. A mixture of prospects, but growing feeling of confidence in the management team.
18bt
25/1/2018
18:07
Trying to increase my position but to buy today 112.5p to sell 95p That's a 17% paper loss on day of purchase. Anyone want to sell and go in the middle I am a buyer tiger
castleford tiger
25/1/2018
16:17
David, I had no idea of the greed. Unbelievable, quite unbelievable. Total remuneration for the last few years: 2016 was £689,000 2015 was £665,000 2014 was £820,000 ( three Directors got over £200,000) 2013 was £566,000 That is over half the market cap paid out in four years. Or last year alone 13% of the market cap paid out !!!!!!!! Greed, greed, greed
graham1ty
25/1/2018
12:48
that's not good. sitting on about 2% plus a few in family names just the 4% remains. Its not fit for market to be fair. tiger
castleford tiger
25/1/2018
12:30
I had £1000 of them circa 2000. My holding is now worth around £30 hope that helps.
my retirement fund
25/1/2018
12:03
It would be interesting to show what returns shareholders have had and the returns to directors in that time as the directors were keen to pay out so much to buy the shares off that aggressive activist investor a few years ago. That suggested value in the company somewhere or for some reason !!
davidosh
25/1/2018
07:19
Tiger, it is a while ago, but they paid £4.3m for MV Sports, £1m for Ben Sayers, Pot Black and Two Wheel Trading for £1.6m, and Dawes for £0.7m. That is another £7.6m ( Ok since 2000). The only fundraisings I can think of are a Placing in 2000 ( £0.6m), an open offer in 2000 raising £3.4m, and a 2002 Placing for £2.2m. One could ask where it has all gone !!!!!
graham1ty
24/1/2018
06:39
Acquisition of freehold property Tandem Group plc (AIM: TND), designers, developers and distributors of sports and leisure equipment, announces that it has completed the acquisition ("Acquisition") of the freehold on its property in Castle Bromwich, Birmingham for cash consideration (before expenses) of GBP2.6 million ("Consideration"). The Consideration was satisfied by means of a new 5 year term loan of GBP1.6 million provided by the Company's bankers and the balance from existing cash resources. Interest on the term loan will be charged at a rate of 2.5 per cent above base rate. Following the Acquisition, the Company expects to save approximately GBP0.3 million per annum net of interest payments. AS THIS WILL BE PAID OFF in February this will allow another 350k a year to flow into the business that has been paying off the loan. Tiger
castleford tiger
24/1/2018
06:36
We paid out £5.5m to buy Pro Rider and ESC. What are they adding to the bottom line and if they are why is the whole company valued at less than that having also paid out for the freehold of the HQ and factory. davidosh answered my question. We keep making lumps of money only to have massive amounts written down. We are CAPPED at 5m. We make a million a year after all these items have been thrown at the accounts. We yield 4% We have a growing pile of cash and real assets DOUBLE the market cap. Strategy is lacking as I have no idea what direction we are going in. The second half will have been difficult because if anyone can think of an excuse or two this lot can. I wonder what Mr Bragg thinks? Tiger
castleford tiger
24/1/2018
06:26
Certainly not good for holders Graham. Remind me how much we have spent on companies since 2004/2010. Tiger
castleford tiger
24/1/2018
00:02
Over $1.40 should be good news as reduces the import costs Http://www.bbc.co.uk/news/business-42794549
davidosh
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