Share Name Share Symbol Market Type Share ISIN Share Description
Tanfield Group LSE:TAN London Ordinary Share GB00B4QHFM95 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 14.375p 14.25p 14.50p - - - 0 06:30:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 0.0 -0.2 -0.2 - 22.10

Tanfield Share Discussion Threads

Showing 19901 to 19923 of 19925 messages
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DateSubjectAuthorDiscuss
15/9/2017
17:15
I love this interview piece from 2014 with Ahern : RM: If you look at Snorkel, it was on its own, then it was purchased by the Tanfield Group. Recently it seemed like the resources weren’t available to get the company to the next level. Ahern: Snorkel was nearly out of cash. We bought Snorkel by bringing in excess of $35 million in credit to the company. It was simply a trade of 51 percent of the company for bringing the capital to the business. In addition to the capital was a note for as much as $50 million. Tanfield Group will get its money for the other 49 percent of Snorkel when I buy it, plus the note. They are doing a fabulous job of supporting this organization to this day. They are doing everything they can to make this a winning proposition and they should be out of the company within three years.
multiplural
06/9/2017
08:43
Strange that - one would have thought that market would have been covered by "Extreme" Another sign that he is incorporating both names?
jam2day
06/9/2017
08:29
Snorkels first ever telehandler shortlisted for Product Innovation Award : https://www.facebook.com/snorkellifts/
multiplural
30/8/2017
14:22
hTTps://www.khl.com/news/bss-invests-in-snorkel-scissors/128796.article BSS is a subsidiary of UK nationwide builders merchant Travis Perkins. UK-based BSS Industrial has added to its fleet with 30 Snorkel S3010P push-around scissor lifts. The units deliver a working height of up to 5m, can lift up to 240kg and weigh 370kg. BSS Industrial is a specialist division of Travis Perkins and operates rental desks at each of its 60 branches across the UK. It became part of the contract merchanting division of Travis Perkins in 2010. Following the order, Steve Day, divisional hire director – contracting merchanting division, said, “Low level access is a new product line for BSS. It was Linda Betts at Snorkel UK who introduced us to the Snorkel S3010P. “The compact size and low weight of the Snorkel S3010P suits our customer base extremely well, and is very easy to operate and maintain. We were very impressed with the demonstration of the lift and it performed well during our trial.” Day added that the units were now deployed across its depots, and refused to rule out purchasing more models from Snorkel in the future. Meanwhile, Andrew Fishburn, managing director, Snorkel UK, said, “The Snorkel S3010P is particularly well-suited to businesses like BSS Industrial, who are hiring equipment to their trade customers from their depots. “The products are both easy to operate, and easy to service and maintain, ensuring a good return on investment.”
grabster
28/8/2017
22:03
It is a very sad background, but I feel confident that hurricane Harvey will lead to extreme demand for products like Snorkel's .
multiplural
24/8/2017
13:03
So if they made $1.5m in 6 mths ie $3m for the year what chance do they have to exceed $25m EBITDA for the year to September 2018?
donemyhomework2
24/8/2017
08:10
Another kick in the teeth re Smith electric vehicle missed opportunity. http://www.bbc.co.uk/news/technology-41025771
jam2day
23/8/2017
11:50
HSBC and Chase Nominees have 30% and 14% and Zoar and OTK 11% each making 66% by these four entities although the first two could have many underlying shareholders.I still wonder what will be the end of this if anything at all.
donemyhomework2
21/8/2017
07:54
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!
kibtf
21/8/2017
07:27
Not clear what they are reporting since most related to 1 June previously reported.
donemyhomework2
17/8/2017
18:28
SarahBudd, Still married to Uncle Arthur?
tradejunkie2
16/8/2017
15:17
When are they going to buy our shares?
sarahbudd
16/8/2017
11:14
Huge order in Turkey. I hope we are in for a good update soon on Snorkel. https://www.khl.com/news/fatih-vinc-invests-in-35-snorkel-units/128596.article
multiplural
03/8/2017
16:27
Stand by for the the holdings rns re OTK Holding A/S they mirror Zoar accumulation - so between them they will hold +20% of Tanfield I wonder who they hold for errrrm.
jam2day
03/8/2017
14:56
So pretty much what I said, see you increased your holding today Multi!
dave224
03/8/2017
14:27
Done, I beg to differ. If we pass the September 2018 date Ahern probably loses his option to buy. If he wishes to be 100% certain to own all of Snorkel, which he does with all other companies in the portfolio, he will buy before Sept 2018. He will obviously try to make a better deal then the minimum in the option arrangement, but hey, there is lots of room from the present price to 44p to negotiate in. Even if he should end up buying at the book value we are still looking at double todays price.
multiplural
03/8/2017
14:00
Ahern is content to pass the deal date which is fairly certain and then he can turn the screw and offer a deal attractive to him.
donemyhomework2
03/8/2017
13:34
long time since I looked in, nice to see some recovery in the share price but why the price drop so suddenly?
cool_hand
03/8/2017
13:28
Im still holding here (just about) the problem now is yes of course Ahern intends to buy the other half but not at the deal rate. Think we may be lucky to get double and might have to wait a couple of years for it!
dave224
03/8/2017
13:09
Yes, one should think people don't actually look at the value in the company. Seeing the various positive news around Snorkel I firmly believe Ahern will do what he publicly have stated many times and buy the remaining 49% of Snorkel. But obviously people seem to have lost patience here.
multiplural
03/8/2017
12:54
And in the meantime there are daily sales pushing the share price further south.
donemyhomework2
03/8/2017
08:57
I´ve been waiting for this news for years. Excellent stuff!
orange1
03/8/2017
08:51
Phil James of Banner said: “We recently opened the door to additional manufacturers, and I have been extremely impressed with Snorkel as they are very easy to work with. Linda Betts from Snorkel UK provides us with great service and always delivers on her promises. I have barely seen the new lifts in our fleet as they are all out on hire and our customers love them! I look forward to this being the start of a long and trustworthy relationship.” http://www.vertikal.net/en/news/story/28591/www.vertikal.net/en/news/story/28569/
multiplural
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