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% 167.50p 160.00p 175.00p 167.50p 167.50p 167.50p 2,936 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Leisure Goods 32.5 1.9 32.3 5.2 8

Tandem Share Discussion Threads

Showing 4426 to 4450 of 4675 messages
Chat Pages: 187  186  185  184  183  182  181  180  179  178  177  176  Older
DateSubjectAuthorDiscuss
12/4/2018
09:02
my point dave4545
castleford tiger
12/4/2018
08:58
ALS I thought the results were stunning. But due to wide spread and illiquidity it's just not worth playing imo.
dave4545
12/4/2018
08:53
Again after a quick look. NAV 221P. Last year 550k on finance costs should be less than 50k this year. That's a further 500k to bottom line. We were paying 400 k a year property loan, that's finished. That adds a further 900k in current year. The biggest problem is buying the shares. Its 140p-165. That's not a Market. The MM need to push it to 180/200p and flush out some sellers. They make money on a trade but not doing any. I want more but they are impossible to buy. Tiger
castleford tiger
12/4/2018
06:19
If they can turn in another performance like this one in 2018 and if pound stays about the same vs USD the GM should improve further adding perhaps another 500k to profits. Debt will have been eliminated. Perhaps the relaunch of pro rider will work out well. Demographics point to this being a growing market so seems a good area to be in to me. Bikes is the problem area due to extreme competition but it is now a profitable business with potential to do well and is no longer a drag on the very successful toys business.
amt
11/4/2018
23:06
I was just taking a closer look at these and in the first three years since acquisition for £2.5m Pro Rider has made a total contribution towards profits of £24k. The accounts for this year are not available yet so I don't know if things have improved. over the five years to 2016 the cycle business made a total loss of £1.088m. over the same period the uk arm of MV Sports has made a total profit of £3.654m It doesn't seem possible to get figures for the HK part of MV Sports but it seems to turnover about £10m. I make the cumulative profit of the other three over the last five years to be about £2.6m and the cumulative profit of the group as a whole to be about £4.9m it must be reasonable to assume it's fairly profitable. Personally I think they never should have bought Pro Rider, they would have £2.5m more cash now and they should have got rid of the bycicles business years ago. MV Sports seems like the only part of the business that is worth anything much. I don't know if ESC was worth buying because there are no real figures for the period of TND's ownership. My figures are a bit rough so feel free to criticise. Having taken a bit of a better look though I won't be buying at this price. I guess they're pretty cheap but not stonkingly so.
arthur_lame_stocks
11/4/2018
21:41
Great results this year but the outlook is uncertain and the five year record of profitability not that great. I think anyone thinking of buying these would be wise to wait rather than think that this years results are the norm.
arthur_lame_stocks
11/4/2018
21:21
Did you know one of their pension funds is called the casket group pension fund. As if you want to be reminded when you're getting on a bit.
arthur_lame_stocks
11/4/2018
19:57
Well I got my numbers close. Even called for a revaluation and got it. EPS was slightly higher ( not complaining) and cash an added bonus. Now we have finished paying for the building I can see this year being better. 140p looksvery mean just 4 x earnings!! I think 8x is fair. I await the full report Cannot do AGM as away but need to chew the numbers more as it looks very good. Any trades today? Tiger
castleford tiger
11/4/2018
13:47
Well, you did well at 65p. It has not been below 70p since 2009, so you certainly are a long term holder
graham1ty
11/4/2018
10:16
I bought at 65p according to my records. Might be mistaken. Anyway even at 1 quid its now 30% higher plus dividends better than many FTSE 100 countries where the index is barely above where it was in 1999. Its not a ZOO 1.000 % gain in a year admittedly (or a D4T4 shameless plug☺) but its a longterm investment in a very difficult sector. See what happened to Toysrus Anyway it looks like it is undervalued. 11m net assets and property alone over 3m vs market cap of 6.5m If a pe of ten were put on it the share price would be 3.50 so I think we can be happy with that.
amt
11/4/2018
09:31
Amt, ten years ago the price was 101p. If you had bought below 100p in c 2014, and sold into the rise in 2016, you might have doubled your money.....but that is only “low to high”. Any other holding period over the last ten years has brought virtually nothing. I held from about 2000-2010, waiting for “a doubling over ten years”. It did not happen. Good luck now
graham1ty
11/4/2018
08:44
I am very happy with doubling my money over ten years plus very healthy income. Credit where credit is due.
amt
11/4/2018
08:33
Graham I have followed for more than 10 years. There have been ups and downs but compared with most AIM companies it is doing well. Its a longterm story thats now looking very positive. It seems to me management are very proactive and have some excellent products particularly toys but all sectors look good.
amt
11/4/2018
08:09
Perhaps ant may wish to give them a pay rise?
my retirement fund
11/4/2018
07:48
Amt, if you had followed this for 10-15 years, you would know what I meant.......
graham1ty
11/4/2018
07:39
What do you mean "despite management" These are good results in tough markets where the economy is in a difficult post Brexit period including a significant fall in the pound although it has started to recover a little. Seems to me management have done a good job pulling off these results and put the company in a good position. They seem to be very proactive.
amt
11/4/2018
07:23
Tiger, those results look pretty good ( bonuses all round). The underlying cash and asset backing is now substantial. That should reset the share price to a new base level. However, as always, they are cautious about this year. Your patience should be rewarded, despite management !
graham1ty
06/3/2018
16:07
didn't bother todays buyers and pushed price up tiger
castleford tiger
05/3/2018
13:13
davidosh No I don't think he does. He and I were the only two at the last AGM. GRAHAM I agree with you paid far too much and not enough based/aligned to improving shareholder value. AMT Remember this debt came about buying the last two companies and the building. Less than a years profit is not highly geared. You will never get a fair valuation on these and 15x I cannot see happening. Just been quoted 2500 shares at 1.25 sell 10000 at 1.125. Looking to buy but that's a crazy spread. If I started selling it would be a pound in no time Tiger
castleford tiger
04/3/2018
07:52
Until the Board is changed, nothing will happen. Over the last ten years, the total remuneration of Mervyn ( non Exec Chairman since 2011) has been £1.18m and Steve Grant has been paid over £2,000,000, yes, repeat that £2.0m yes, million. Mervyn has been there 29 years. Steve joined MV 28 years ago. And in that period, they have built the Company up to £5.5m......er, surely some mistake. Surely it must be bigger than that ? Surely ? Er, NO, NO, NO. But they obviously. Think it is cheap and have been buying up every share they can ? Well, no actually. Mervyn, after 29 years, has built up a stake of 221,000. Steve, has £250,000 worth So, are shareholders and Directors interests aligned ?? Steve got a divi of £9000 and a salary of £231,000. I think I know which is more important to him......
graham1ty
04/3/2018
01:23
Does Simon Bragg read these boards ? Has he been to the last two Agms as I have missed them ? I think Tandem should do a presentation to investors and where better than the Mello2018 event in Derby ?
davidosh
03/3/2018
21:03
I would much rather take a prudent view. Once all the debt has been cleared the company will have been derisked and the share price might then be on a fairer pe of say 15 which will give shareholders a much better return than increasing dividends.
amt
03/3/2018
16:34
Tiger I excluded the intangible assets in my calculations. I dont think they should pay out too much in dividends its already high yielding. They need to pay off debt and the pension liability and build up say 3 or 4m of cash first in case there is a recession. No sign of a recession yet but if Brexit goes wrong there could be 2 or 3 very tough years ahead.
amt
03/3/2018
13:45
They had over 6m of debt so if they have just 10% of the shares they would need 9m Asset backing of about 9 m and a few PG even a stake with the bank should be enough. 9 million is only about 6 years profits possibly even less if Directors took a cut for a couple of years...........they could own it all debt free in 4 years. That's paying 10m for it. What's to stop a PE house stepping in and giving management 25% ? Tiger
castleford tiger
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
Chat Pages: 187  186  185  184  183  182  181  180  179  178  177  176  Older
Your Recent History
LSE
TND
Tandem
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191015 14:46:26