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% 170.00 160.00 180.00 170.00 170.00 170.00 14 07:31:33
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 4626 to 4650 of 4675 messages
Chat Pages: 187  186  185  184  183  182  181  180  179  178  177  176  Older
DateSubjectAuthorDiscuss
27/9/2019
17:54
I think under reporting rules it HAS to be Monday ( last day of the month) I do think they will be good tiger
castleford tiger
27/9/2019
16:28
I think it is quite positive that results are out on Monday......good news tends to be at the start of a week and bad news buried on Fridays
davidosh
27/9/2019
14:31
Results are out 7.00 am Monday tiger
castleford tiger
27/9/2019
13:09
You can have mine for £3.75. No need to thank me :-)
cwa1
27/9/2019
12:44
Simso Cannot disagree much there except as you say you are being Prudent. Likewise my 1m was optimistic. Either way we should be around these numbers and deducting 3.2 from 9.5 leaves 6.3 value on the company. That's excluding what cash we have left after debts. To buy or to bid for the company one would find that 15% of the shares are lost. If we are making 2 m and you value it at 8x that's 16m plus the property and EXCLUDING net cash it still comes to £4.00 a share as a base value. Tiger
castleford tiger
27/9/2019
12:13
Hi Castleford, in answer to your posting above on 14th September about the results, I was modelling a 1st Half PBT of £0.7m...based on:- Sales +26% v LY (in line with AGM update for first 25 weeks), Gross Margin at 31.5% in line with LY and costs of £4.2m. I am probably being too prudent on Gross Margin being merely in line with LY FY when it is clearly on an uptrend, and my cost assumption is of 5% increase on LY is hopefully also too prudent. If the first half does deliver c£0.7m PBT..then the rolling last 12 months profit would be £3.1m. Any business making that level of profit, which had closing net cash of £4.9m (which could rise to c£7m by this year end based on £3m PBT being achieved), and a Freehold worth £3.2m...surely should be worth a lot, lot more than the current £9.5m Market Cap....shouldn't it??
simso
27/9/2019
10:38
RESULTS DAY MISSED????? been last Friday in sept last 2 years tiger
castleford tiger
14/9/2019
15:33
So with results due in 2 weeks what do we think? Last year we made a loss of approx 350k but ended the year making 2.2m So we made 2.5m in the second half. Am i being reasonable to expect a pbt of £1 m as a minimum in the first half? Tiger PS the share price looks likely to bounce if the results are good
castleford tiger
13/8/2019
14:58
Spreadex are not out....they are just below the 3% level now so have to notify that they are no longer notifiable lol. If one of their clients wants Tandem in their portfolio they may go back over the line and have to notify again...
davidosh
06/8/2019
19:05
Said Spreadex out? What were they in for Not seen any big trades and 50 k is 1%
castleford tiger
31/7/2019
16:37
It surely begs the question of why were we not selected in the first place...Was it put out to tender and Tandem did not get it or were the local council clueless and did not consider Tandem or we did not bid for it as margins not there at the price they wanted?
davidosh
31/7/2019
00:39
FX concerns
hatfullofsky
26/7/2019
21:17
Yup get them brought from China.
deanowls
26/7/2019
16:42
i have sent to Jim Shears
castleford tiger
26/7/2019
16:31
Article in Birmingham Mail. hxxps://www.birminghammail.co.uk/news/midlands-news/mayor-andy-streets-boris-bike-16645039 Birmingham ordered 5000 'Boris Bikes' from German firm nextbike but the company have only managed to deliver 25. Birmingham have cancelled the contract and are looking for a new supplier. I have written (below) to the Birmingham Mail, the local MP & the Mayor (who's idea this was) --------------------------------- Most readers will have been shocked to see that only 25 out of 5000 Boris bikes have been delivered. What is even more shocking is that this contract went to a German firm in the first place when Birmingham has its own bicycle manufacturer, The Tandem Group, in Castle Bromwich, just a few minutes walk from the Jaguar Land Rover site. Now that the German contract has been cancelled, surely this presents one of those serendipitous opportunities to do the right thing by all concerned. Like Britain building its own ships or using our own steel instead of sending our money and expertise abroad. It can't be beyond the owners of Tandem and Birmingham Council to sit around a table and do whatever it takes to hammer out a deal to have these bikes provided by a Birmingham firm ?
poco a poco
19/7/2019
10:09
The next results will be in September for the H1 to 30th June. Are any of you interested in attending a results presentation?
davidosh
05/7/2019
15:55
The irony is that even before this apparent change last year....the company never made a dividend payment that was anywhere near to matching the pension payment anyway !! If you have capacity from previous years can you then pay a higher dividend in future years until the matching hits capacity ?
davidosh
05/7/2019
15:34
Jim Shears Finance Director, has been in touch to explain the situation with the pension fund. I thought you might like to read the email (it seems the regulator tightened up the rules last year): There is a written agreement between Company and Trustees that the dividend payment will not exceed the deficit contribution payment. The Trustees took professional advice and based this on guidance from The Pension Regulator (tPR). Agreeing a schedule of contributions between Company and Trustees takes months of negotiation. The Trustees demand a short recovery period and the actuary is required to use prudent actuarial assumptions which would result in significantly larger deficit contributions. The Company however wants a longer recovery period with more realistic assumptions and therefore lower deficit contributions. Below is a link to a document that may be of interest, in particular page 19. Note our agreed recovery period was 13 years at the last valuation and by “short” tPR means less than the average of 7 years. https://www.thepensionsregulator.gov.uk/-/media/thepensionsregulator/files/import/pdf/db-annual-funding-statement-2019.ashx
profdoc
05/7/2019
06:20
JakNife Loads of articles but it is clear the regulator is clamping down on Dividends being paid when there is a pension deficit. hxxps://www.ashurst.com/en/news-and-insights/legal-updates/the-pensions-regulators-annual-funding-statement---a-firmer-stance-on-dividend-payments/ That's a really odd argument you make. It doesn't make sense to me. The amount of dividend and pension fund reduction are both limited by how much cash available a company has and future prospects. The regulator is simply stating that the reduction in pension deficit should be at least as much of a priority as dividend payments. Basically the pension regular guarantees up to a point a minimum level of pension should a scheme fail. Therefore they are effectively protecting public money.
amt
03/7/2019
21:25
Strange movement in price again today. Still no news on the 1.5% that were traded in one day last week Tiger
castleford tiger
02/7/2019
23:45
MRF.....We are investors and after nearly 15 years I think I deserve a return on my investment. Why should I sell at this point?? It has nothing to do with where I buy my bicycles either. Jaknife......A very good point and totally agree that a limit like that works counter intuitively. We need a proper explanation. The auditor was at the meeting but did not say anything on the issue. Profdoc.....If there is such a need for retaining cash why have the company been paying bonuses and salary increases far in excess of the total dividend paid to the owners each year? Also clearly far more into the pension pot too? It makes us, the shareholders, feel like we come right at the bottom of the pile
davidosh
02/7/2019
17:00
Like little birds pecking at the crumbs on the table. Shameful !! Vote with your feet and sell and buy your bicycles and other related stuff from someone else imo
my retirement fund
02/7/2019
14:31
amt, re your 3583: "I have just read a couple of articles by googling this issue and the articles confirm that such restrictions are in line with current practice. So I doubt its worth challenging the decision. Of course if the deficits were reduced then such restrictions would also be changed." Do you have a link please? My issue is that what's being described defies common sense, eg from profdoc's post above: "Chairman, Mervyn Keene, replied that while the pension scheme is in deficit the pension regulator will not permit annual dividends payments to be greater than the deficit reduction payments made to the pension scheme." Let's say that the deficit is £20m and it's being amortised over a period of 10 years with instalments of £2m per annum (ignoring interest to keep things simple). Based on Chairman, Mervyn Keene's words then "The pension regulator will not permit annual dividends payments to be greater than the deficit reduction payments ..." and hence dividends greater than £2m per annum cannot be paid. But if the deficit falls to £10m, and is amortised over the same period, then the instalments are now £1m but the dividends are also limited to £1m per annum, even though the pension scheme is in a better position than above. The dividend restriction mechanism that's proposed works counter intuitively. Perhaps the Chairman misunderstood something when he was describing it? The FD might be in a better position to explain the formula. JakNife
jaknife
02/7/2019
13:38
This pensions deficit "constraint" is clearly nonsense, in that the business has more than enough cash to pay a higher dividend and to fund higher deficit repayments. The regulator and the trustees would obviously have no issue with that approach.
effortless cool
02/7/2019
13:28
Thanks AMT. I've sent a copy to Chairman Mervyn Keene - it'll be good to get a discussion going. Glen
profdoc
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