Tavistock Investments Share Discussion Threads

[russman] 29/12/2023 06:54

6.5p at the start of the year. 1 year share price performance will be .........

[russman] 22/12/2023 09:50

The BoD should have said the LEBC stake valuation had been reviewed in light of the sale of their subsidiary.
Not we will review the £10mn valuation later.
The accounts are not a true and fair view.

[russman] 21/12/2023 06:55

There should have been a large impairment in respect of their LEBC stake in last years accounts. Publishing misleading financial statements is illegal.

[quepassa] 20/12/2023 19:32

Please see post 3301 for full details re dividend

[newbiejohnabc] 20/12/2023 18:27

Was the dividend 7p or 0.0007p

[davydoo] 20/12/2023 18:00

I think they need to decide who they are. Flogging insurance to mortgage holders, or HNW private wealth managers.

[quepassa] 20/12/2023 17:56

An understandably ebullient-looking and smiling Brian Raven pictured in an article yesterday by Mortgage Adviser headed

" TAVISTOCK DELIVERS STRONG HALF-YEAR PERFORMANCE "

link herewith:-

hXXps://www.mpamag.com/uk/news/general/tavistock-delivers-strong-half-year-performance/470794


A great performance by Tavistock to the half-year, with more to come as the key strategic acquisition of Precise Protect- now rebranded Tavistock Protect- will begin to add significantly to revenues and profitability.

all imo. dyor.
qp

[quepassa] 20/12/2023 17:55

An understandably ebullient-looking and smiling Brian Raven pictured in an article yesterday by Mortgage Adviser headed

" TAVISTOCK DELIVERS STRONG HALF-YEAR PERFORMANCE "

link herewith:-

hXXps://www.mpamag.com/uk/news/general/tavistock-delivers-strong-half-year-performance/470794



A great performance by Tavistock to the half-year, with more to come as the key strategic acquisition of Precise Protect- now rebranded Tavistock Protect- will begin to add significantly to revenues and profitability.

all imo. dyor.
qp

[davydoo] 20/12/2023 17:52

What's Cooke (68) and Raven (67) exit plan here? sell to Titan? someone else?

Internal (familial?) succession?

[mandarin4] 20/12/2023 17:23

So you post in exactly the same way as your mate. Dodged every question and call me a troll.

I'm now sure you are QP. Same MO and revert to posting articles rather than looking at and debating the facts. You sir are the troll.

My questions remain unanswered because you cant answer them or you are too thick to do so.

Merry Christmas QP

[z1co] 20/12/2023 15:37

Tavistock Investments PLC (AIM:TAVI) enjoyed robust growth and operational success in the first half of its financial year, with revenues climbing by 19% yearly to £20.6 million on top of a gross profit of £7.7 million.

Adjusted earnings rocketed twelvefold to £1.7 million and earnings per share flipped from an interim loss in the first half of 2022 to 0.04p this year.

Though cash resources fell 73% year on year to £2.6 million, Tavistock announced a post-period deferred consideration payment from Titan Wealth Services which increased the group's cash resources by around £5 million.

The company paid an interim dividend of 0.07p per share in December 2023, maintaining the same level as the dividend paid in July 2022.

During the period, Tavistock completed the integration and rebranding of Precise Protect into Tavistock Protect, a key strategic move poised to contribute to the group's future profitability.

Precise Protect is a profitable and fast-growing insurance and protection business based in Bangor, Northern Ireland.

Tavistock now boasts a network of over 400 advisers and services more than 110,000 clients in the UK. Additionally, the company has effectively managed British Steel Defined Benefit Pension Transfer cases, incurring minimal uninsured costs.

Chief executive Brian Raven commented: "I am pleased with the company's strong growth during the first half of this financial year and the successful integration and rebranding of Precise Protect, now Tavistock Protect, which is set to be a major contributor to future profitability of the group.

“The company's cash resources have been bolstered recently by receipt of the second of three deferred consideration payments from Titan Wealth."

[mandarin4] 20/12/2023 15:37

Weak effort that. I’ve asked you to answer my questions and re-educate me on why you think this share is so good. You can’t answer so go for the troll card. You are as clueless as the other one on here.

Just answer the questions and we can debate your answers !

[z1co] 20/12/2023 13:03

As the clueless troll madrin4 posts helplessly the share price will continue to rerate
after the very well received interim results yesterday.

Keep up the hard work troll.

Meanwhile i'm very relaxed holding these share.

[mandarin4] 20/12/2023 12:51

Because you cant answer these very basic questions eh QP you simply keep posting headline news. Little wonder you have no credibility on this forum with regard to this share.

[z1co] 20/12/2023 11:51

Strong buying again this morning

[quepassa] 20/12/2023 11:51

Great article in MarketScreener following Tavistock Investment's blowout results yesterday.

Link herewith

hXXps://uk.marketscreener.com/quote/stock/TAVISTOCK-INVESTMENTS-PLC-17185414/news/Tavistock-rise-as-swings-to-half-year-profit-amid-revenue-growth-45597785/

[quepassa] 20/12/2023 11:50

Great article in MarketScreener following Tavistock Investment's blowout results yesterday.

Link herewith

hXXps://uk.marketscreener.com/quote/stock/TAVISTOCK-INVESTMENTS-PLC-17185414/news/Tavistock-rise-as-swings-to-half-year-profit-amid-revenue-growth-45597785/

[mandarin4] 20/12/2023 11:33

Care to read and answer my questions posed to you and your alter ego yesterday?

This is your chance to put your side of the story to us, convince and prove we are wrong. If I was as certain as you, and had the evidence to back it up, I would be all over this board dispelling the negatives.

C'mon boys lets debate, I am happy to admit I am wrong, unlike you two.

[quepassa] 20/12/2023 07:40

" REVENUES, EARNINGS JUMP at TAVISTOCK INVESTMENTS"

see ShareCast article here, citing successful integration of Precise Protect and strong cash balances:-

hXXps://www.sharecast.com/news/news-and-announcements/revenue-earnings-jump-at-tavistock-investments--15646590.html

[quepassa] 20/12/2023 07:39

" REVENUES, EARNINGS JUMP at TAVISTOCK INVESTMENTS"

see ShareCast article here, citing successful integration of Precise Protect and strong cash balances:-

hXXps://www.sharecast.com/news/news-and-announcements/revenue-earnings-jump-at-tavistock-investments--15646590.html

[russman] 20/12/2023 07:14

Prior to the year end, the Board will give due consideration to the likely ultimate value of this transaction (after the impact of redress payments to be made in relation to poor past pension transfer advice) and review the carrying value of the Company's investment in LEBC.

Misstating Assets and Liabilities: A form of accounting fraud occurs when a company overstates its assets or understates its liabilities.

The BoD is required to put its best estimate of "fair value" in these accounts.

[alaskan2] 19/12/2023 18:57

The interesting aspect for me is that the share price has hardly moved.

[mandarin4] 19/12/2023 14:10

Nice swerve that boys, one way of answering the unanswerable is to stamp your feet and ignore. Tell you what answer 50% of what I asked and convince us we are all wrong. QP alluding to the fact we are all sacked employees is another way of dodging the question, friggin laughable to have to resort to that old chestnut as usual.

C'mon convince me about this share or is the truth of the matter that the facts show you cant?