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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
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 3.91 | 08:00:21 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3.91 |
| Industry Sector |
|---|
| INDUSTRIAL ENGINEERING |
| Top Posts |
|---|
Posted at 06/3/2019 16:48 by vauch Government Petition to Ban shorting of London AIM stocks.The AIM stock market is where smaller companies list their shares rather than using the prohibitively expensive main London Stock Market. This is an important market for the growth of smaller UK companies. In challenging times, shorters seek to borrow the company's shares from a holder for a consideration and to buy them at a later date. They immediately sell these shares which, due to the relative illiquid market, sends the price much lower and hence the shorters can buy them at that lower price - pocketing the difference. The only beneficiaries are the shorters and the market makers with the losers being the reputable company and it's bona fide investors. |
Posted at 13/7/2018 07:24 by grabster Well well well. The Snorkel holding is now considered to possibly justify a share price of only 12p - that's a whopping 47.6% downgrade from the 22.9p declared a mere 3 months ago.Any more downward adjustments to come? Staunch ramper Multiplural, who has previously rubbished my observations and shamelessly issued reassurances galore, has already conceded that the share price might drop into single digit pence. Anyone still clinging to a holding in the hope of some positive outcome and taking comfort from Multiplural's guidance is going to lose even more money - and is missing out on better investment growth elsewhere. Is there seriously anyone still holding?? Directors presumably will continue pocketing a monthly paycheque regardless - I haven't heard them volunteer to share investors' pain by suspending their remunerations till the Snorkel proceeds arrive. |
Posted at 21/6/2018 19:25 by grabster May I say - "told you so"?See my post 2266. None of multiplural's assurances have ever come true. Tanfield directors - who now squeal about how unfair Mr Ahern is being in doctoring the figures to suit himself, (like they couldn't see that coming? It was bloody obvious to some of us!) have meanwhile presumably continued to pocket their salaries at the expense of investors. And these same directors apparently wish to spend shareholders' cash on legal fees. Anyone here who has stubbornly refused to believe anything other than the rosy picture repeatedly and dishonestly painted by multiplural, will end up with at best, peanuts, and at worst, nothing. Tanfield I suspect will delist and cease trading, and will do so in a way that leaves any remaining investors having to accept whatever exit cost is involved. |
Posted at 20/11/2017 13:08 by grabster multi - the manner in which Tanfield have worded their statement today (and previous) suggests they don't share your optimism, and are making sure they have a backstop statement in place that allows them to excuse themselves from blame when Ahern does take the 49% at something less than Tanfield shareholders have been led to expect.There is certainly no reason for investors to regard Tanfield as having any longterm prospects. As a non-productive holdings company that is nursing just one holding, which will at some stage not be theirs any longer, they are likely to delist and fold as soon as any proceeds are available for distribution. (Unless of course they go back on the distribution promise and invest the proceeds in some other venture). Depending when the denouement actually takes place, it remains possible that, faced with a negative market reaction that damages the share price, they might take the company private before the Snorkel sale instead of after. Shareholders have been shafted before now by AIM companies taking dodgy exit routes. Including companies loosely related to Tanfield. |
Posted at 30/7/2017 12:03 by pcid eke I could not agree with you more.We`ve had a stream of announcements on electrification both by manufacturers (eg Volvo) and the French and UK Governments. The phasing out of ICE (Internal Combustion Engine). Tanfield and Smith as pioneers in this field appear to have lost their investors hundreds of millions... I have lost a fortune on this and Smith Electric. I do not understand how with the advantages of knowing what went wrong at Tanfield (Electric Trucks) Smith, with its first to market advantage and some $200 M private financing also appears to have failed both at its IPO and its subsequent marketing development. They had hundreds of orders back in 2010 - never mind the potential market now. It is a failure of management and they "will keep paying themselves until nothing is left" as you say eke If you look at the wiki entry there is a vast amount of information and over 100 references When you go to Smith Electric you get hxxp://www.smithelec "Account suspended" Someone is not even paying for the hosting service.... |
Posted at 15/5/2017 12:22 by donemyhomework2 I do find it rather worrying that for an investment of this size there is very little information for the investor to gauge its performance. |
Posted at 13/4/2017 15:45 by multiplural As long as you dont lose your patience, I think you will be well revarded. This thing is a double from here easily within the rest of the period agreed with Ahern. I can't see him not buy this co when Snorkel is still growing nicely and probably is profitable by now. Patience is all you need here, but I understand that many don't have that patience , and in frustration just moves on. That is why some investors have been able to collect large sized positions way below value in tha last year or so. |
Posted at 08/3/2017 00:13 by steveglobal4 adhern has a good name you can trust and its his motivation, so 100 percent yes trust him, he has also talked on film about the future purchase of tan fields percentage,as posted here.my guess is we have a big buyer, and maybe the investor at 14p on the placement wants out, so anyone saying we have a seller is being too negative, we also have a huge buyer. maybe the battle between the seller and the buyer will continue tomorrow, i think it will, both looked strong today in there intentions. the seller only has so many shares to sell and the buyer can buy a great deal more if they wish to do so. |
Posted at 02/3/2017 00:23 by steveglobal4 can't believe adhern still hasn't put his hand in his pocket here, a shrew investor could easily snap up tanfield in a flash and make very hard work for adhern |
Posted at 02/2/2017 16:44 by a2584728 The rumour is and I stress it's a rumour is that some senior board members and investors have approached Ahern about his intentions |
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