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% 230.00 220.00 240.00 230.00 215.00 230.00 25,583 14:46:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Leisure Goods 32.5 1.9 32.3 7.1 11

Tandem Share Discussion Threads

Showing 4576 to 4599 of 4750 messages
Chat Pages: 190  189  188  187  186  185  184  183  182  181  180  179  Older
DateSubjectAuthorDiscuss
20/6/2019
05:36
I don't thinks it's possible to forecast consumer demand more than a few months ahead. Nor the pound vs Usd. Frankly nobody knows how Brexit will turn out nor its impact. The bank of England have stated the potential for a total catastrophe under a no deal scenario for example. They might be wrong. Personally I think the Company is best to take prudent view and build up cash reserves in case there is merit in what the Bank of England has stated. In any event the indications are that things are getting worse. As I mentioned before there just isn't the room for manoeuvre if there is a recession. The country is up to its eyes in debt. Times could become very tough. In that event companies with plenty of cash will be the ones that will come through. Longer term Brexit might be beneficial but only on a five to ten year time scale. The economy will need reshaping like under Thatcher in the 1980s but it won't happen overnight.
amt
19/6/2019
09:29
amt....I am not buying Tandem for yield but without any forecasts in the market and no engagement etc I am afraid the dividend is the only thing that shows the management care about sharing the profitability with the shareholders and most certainly a metric that helps value the company properly. The lower the dividend and higher the cover merely serves to make investors wary that bad news must be coming and that cash cannot be paid out for some reason even though directors do not skimp on remuneration.
davidosh
18/6/2019
15:51
Castleford Tiger. The 40 billion so called saving would not happen in a no deal scenario. Perhaps half is due contractually and also its over many years. The saving (well money that might not have to be paid) is perhaps 3 billion per annum. The ongoing saving by not being a member is about 12 billion per annum. However that could easily be more than offset by lower revenues from companies due to additional operating costs. Its dubious if there would be any savings at all and could actually be the opposite. We don't know and until we do it would be reckless to make assumptions. So far since the out referendum the only thing that seems to have been correctly predicted was that the pound would fall. I suspect it could fall a lot further over the next few months. Great boost for exporters but very tough for importers and the UK consumer.
amt
18/6/2019
15:44
davidosh If you want yield then better to invest in larger mature companies. Only a third of Aim companies pay a dividend. The average yield is 1.5%. Tandems yield is 2% even after this year's big rise in share price.
amt
18/6/2019
10:32
If there is to be an increased dividend it would only be flagged as the 'intention to pay' and so the first time any extra payout would happen is in the interim results. Last year the announced dividend was... ...'We are declaring an interim dividend of 1.42p per share (2017 - 1.35p per share) payable on or about 12 November 2018 in line with our progressive dividend policy. The ex-dividend date will be 11 October 2018 and the record date 12 October 2018'. So this year if it was tripled it would still only be 4.3p and that is hardly going to be a distress to the balance sheet. Additionally by November there would be more info on Brexit and the other issues you are concerned about so they can adjust the final dividend accordingly next year when the final results are announced but all things being equal if the dividend looks like being close to 15p overall then the share price will not remain where it is and income seekers will spot the undervaluation even if nobody else does ! Anyway three times covered is standard for many companies and they all face similar uncertainties. We also have the freehold asset so outgoings are reasonably predictable.
davidosh
18/6/2019
08:21
There would be a saving of some 40b that we would not be paying the EU IF WE hard brexit. Plus the on going saving we pay them will more than cover the NHS. Tiger
castleford tiger
18/6/2019
07:33
By the way I don't think it will be possible to have big tax cuts to support the economy. The country has a collosal debt to finance. The NHS needs at least another 20 billion per annum to prevent the system from breaking down. The likelihood is that interest on government debt would increase considerably so how would tax cuts be financed.
amt
18/6/2019
07:28
"Simply we don't know" . Exactly so very difficult to make decisions so best to be prudent. I think it's best to be prepared for a Brexit without a proper deal agreement in place. So big fall in pound very likely. Some disruption to EU supply chains. That may be irrelevant to Tandem but it would be interesting to find out. How quickly can they react to a sudden fall in consumer demand. Is there a danger of over stocking. What if any is the risk of debtors going bad etc. Basically prepare for the worst until we know what the outcome is. We should have a better picture by the end of this year. Then it will be easier to make forecasts. At the moment it's impossible. At that point dividend policy could be reviewed. It would be very damaging to put a new generous policy in place now only to have to cut it back a year later. Why not wait 6 months? If things pan out well and the pound recovers then nothing lost by waiting 6 months.
amt
18/6/2019
06:21
What type of brexit? If its hard expect big tax cuts to support economy . Simply we just don't know and we import from the EU daily Tiger
castleford tiger
18/6/2019
05:44
Perhaps somebody could ask about the potential impact of Brexit at the AGM.Thanks in advance. I suppose there are 3 aspects. The fall in the pound vs USD which seems to be accelerating already. What would say a further 10% fall do to gross margin for example. The impact on the supply chain. Perhaps no impact at all as sourcing outside of EU? The impact on consumer spending. Toys and bikes are descretionary items and perhaps would be hit hard in a recession. The first two items can to some extent be mitigated but a fall in consumer spending would be difficult. This is why I think they need to build a strong balance sheet to give them flexibility for dealing with what could be a very difficult period ahead.
amt
17/6/2019
12:28
Yes I met Chris at an Agm in 2014 I think. How many of us are going to be there this year? Do Tandem provide any minutes of the Agms as I have missed the last three. I remember having a kidney removed on the day of one Agm so that was clearly a barrier to getting there.
davidosh
15/6/2019
16:21
I have met Simon and Chris works for Rb and I know him. He is unsure if he can attend but has been with me before. tiger
castleford tiger
15/6/2019
14:10
It may be a standard resolution but surely not appropriate for a small illiquid small cap like Tandem as it kills liquidity even more. I certainly think the dividend issue needs a full discussion at the Agm and for the board to accept the wishes of the majority or provide good reasons why it cannot be increased. The Bragg that you are thinking of is Chris not Simon. We do not know the way Simon Bragg would vote on dividend but as a 10% owner I cannot imagine he is happy receiving such a low yield on his investment. If either of the Braggs are attending on 27th June then they can put forward their views. I presume they are not related but both appear to be brokers. In fact with such useful links they would surely see the benefit of some research and forecasts in the market. Every shareholder I have spoken with agrees on having a significant dividend increase and more shareholder engagement.
davidosh
15/6/2019
08:02
point 5 is standard on almost all Company AGM notices. Point 2 you would need to call an EGM. Personally i think it should be raised and debated and a clear mandate given about future dividend policy. I think other areas such as communication with shareholders could be improved. Not sure what Mr Braggs position is on the dividend but clearly as he speaks for 10 of the 20% we collectively have its key to any decision. Major holders control about 45% is that right? lets see how it goes but i can see EPS north of 50p this year Tiger
castleford tiger
14/6/2019
10:34
Agm resolutions... 2. To declare a dividend of 2.89p per share If shareholders want a more meaningful dividend of say 12p (three times covered) and there is no reason to retain the earnings could an additional dividend be agreed by majority vote at the Agm ? Or do we need to call an EGM? 5. To authorise the Company to purchase its own shares. Do we really want to reduce liquidity even further? I have a small cap institutional investor that has asked me about the company and they would take an investment here but there are not the quantity of shares available that they would require to take a position.
davidosh
13/6/2019
13:38
That s the difficult bit to work out. 1% added is 50k shares approx. That s 5 holders of 10K that wanted out. I calculated that 20% of the shares here are lost so float is not big. Tiger trades on the 12th 3 210.0 10000 O 206.0 228.0 18:19:31 10,000 10,000 25,174 2 217.9 10000 O 206.0 228.0 17:15:00 10,000 25,174 1 210.0 15174 O 206.0 228.0 17:15:00 15,174 15,174
castleford tiger
13/6/2019
13:19
Where is the selling coming from?
davidosh
13/6/2019
12:18
We can spot when they are bidding for stock and who it is. These approx 50k were bought mon/wednesday Like him i think there is still huge upside here tiger
castleford tiger
13/6/2019
09:14
Simon Bragg increasing:- https://uk.advfn.com/stock-market/london/tandem-TND/share-news/Tandem-Group-PLC-Holdings-in-Company/80126592
cwa1
10/6/2019
17:03
I agree as I mentioned a presentation at the AGM is fine, good idea. Yes I recall the Burgess time and it was a distraction from the business. I think that was a one off. Anyway if we get a good update at the end of the month the share price should start to take care of itself. All this subject to nothing bad happening on the economy. That assumption is looking shakier by the day.
amt
10/6/2019
15:46
amt....All companies I invest in (except Tandem) do results presentations and offer a meeting to go through the results in more detail. What is wrong with that and it makes shareholders more aware of the market and strategy each company is involved in. We are the owners....not spectators or indeed speculators ! Why should we not want to know more detail around the hard figures every six months? It may encourage investors to take the company seriously. A presentation costs very little except the directors time and I have already offered a venue but the directors refused. That is why I take the stance I do. As an owner of 15 years I am treated like I am not worthy and I have emails to prove it. All I want is the same as offered by other companies and a sensible dividend. That would hopefully get the company to a good valuation and keep it there. You may not remember but look what happened nine years ago when the undervalued company shares were bought up by Andrew Burgess and then the directors had to effectively pay him off to go away ! That benefited nobody but Burgess and those who wanted rid of him. The share price collapsed afterwards but was still much higher than when Burgess entered the fray.
davidosh
10/6/2019
15:09
I am inclined to agree with 7 in that no more acquisitions required unless something exceptional comes up. Dividends should be increased gradually overtime to continue the trend. However they need to build cash reserves for potentially very tough times ahead. I am very much against getting Brokers involved. Such a waste of money and time and leads to short termism. Do more harm than good plus very expensive. A presentation at the AGM would be fine plus (as we already have) couple of trading updates per year.
amt
10/6/2019
14:50
Yes agree with all 7 David....with numbers 1 and 7 at the top of my list, and both clearly related points.
simso
10/6/2019
13:33
The majority
castleford tiger
Chat Pages: 190  189  188  187  186  185  184  183  182  181  180  179  Older
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