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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Tanfield Group Plc | TAN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.15 | -4.16% | 3.46 | 09:56:14 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3.46 | 3.46 | 3.46 | 3.61 |
| Industry Sector |
|---|
| INDUSTRIAL ENGINEERING |
| Top Posts |
|---|
Posted at 24/8/2022 06:32 by dave4545 Almost $200 mil of sales it will have for full year at this rate and their stake valued at £3 mil+ debtLooks like Snorkel is still being run into the ground on purpose, cannot stand Americans when it comes to business, rather than make money here they seem to want to lose more and more because of Tan holding 49% Value will out in the end |
Posted at 26/5/2022 11:13 by dave4545 $41 mil sales in a quarter so looking at $150-200 mil sales in the year.I know it's loss making (maybe on purpose) but 49% is going to be worth a hell of a lot more than the current market cap. Tan just need to hold out and eventually they will get a settlement or maybe somebody connected with the company offer to buyout the 49% stake for a substantial amount. See double figures here at some point |
Posted at 18/2/2021 21:42 by sorksandnorks That is all OUR investments, that is, mine, yours (if you have any) and those of all the other unfortunate shareholders who are still holding TAN shares. |
Posted at 16/2/2021 12:24 by sorksandnorks Is anything ever going to happen with TAN? Or are they just drifting slowly into oblivion with all our investments? |
Posted at 20/12/2018 16:32 by buywell3 multiplural were duplicated mutations of multipratI never did rate them or TAN either buywell3 - 20 Jul 2015 - 08:43:53 - 1499 of 2336 OIL from Iran will soon be back on the market The OIL price will not be rising much with supply on the market being added to Electric based technology plays won't perform well in such circumstances I would have thought free stock charts from uk.advfn.com This is what the market thinks free stock charts from uk.advfn.com |
Posted at 22/11/2018 18:37 by buywell3 Sometimes negative views have positive outcomesbuywell3 - 13 Oct 2016 - 01:09:10 - 1980 of 2273 TANFIELD GROUP -- 2014 - TAN The chart suggest sub 10p coming again Needs to get back above 15p to stop that happening |
Posted at 20/9/2018 07:19 by vauch Most likely not and it looks like good night tan.Someone had not checked every line of the agreement it would seem. |
Posted at 20/9/2018 06:11 by grabster And now - as reality dawns - it turns nasty:"Charles Brooks, the former Chief Financial Officer of Tanfield Group Plc who had significant input in to the key documents pertaining to the joint venture between Tanfield and Xtreme and whose employment transferred following the joint venture and who is now the Chief Financial Officer at both Snorkel and Xtreme, has made assertions that directly contradict the Board's understanding and belief as to the intent and meaning of the agreements that were entered in to." "The assertions made by Mr Brooks, is that the preferred interest position, described in the excerpt from the circular below as being "$50,000,000 (which may be subject to adjustment)" is only applicable until 30 September 2018, after which date the value will be nil." |
Posted at 14/5/2018 15:03 by buywell3 buywell3 - 13 Oct 2016 - 01:09:10 - 1980 of 2273 TANFIELD GROUP -- 2014 - TANThe chart suggest sub 10p coming again Needs to get back above 15p to stop that happening |
Posted at 21/8/2017 06:54 by kibtf If as the RNS suggests, despite owning 49%, they don't have a board seat at the JV level or a contractual right under the shareholders agreement to information allowing a breakdown of production per plant then the board has been grossly negligent. If they cant tell that, then they almost certainly cant tell how the "joint" costs are allocated between Ahern and Tan to see if this is fair, or how the revenue and profit are being allocated between Ahern as buyer and Tan as seller of products manufactured by the JV and sold to Ahern. Essentially they are admitting that through Tan's board incompetence Ahern has Tan by the balls. If Ahern has that much control then since they consolidate the JV's figures into their group accounts as majority shareholder anyway, with a small expense item for Tans profit or loss share as the minority, why would he ever do anything than run the clock out and keep Tan locked in. A complete shambles in other words- although given their history why would shareholders think anything would change in that regard! |
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