Tavistock Investments Share Discussion Threads

[countup] 04/10/2024 14:01

Given the terrible performance of the Acumen funds since the Titan take over i think Tavistock had little choice but to take action an protect clients. The Titan board have no choice but to have a go an say that it was not down to their performance but Tavistock up to something or they will surely lose their careers after that loss.

[quepassa] 04/10/2024 13:17

Highly unlikely and highly improbable in my view. This is what the Company says in their recent results RNS:-

"This claim has been reviewed by Tavistock's legal team, including legal Counsel. Much of the claim has been characterised as being misconceived, based on inference and assumption and failing not only in terms of legal tests but also for a complete lack of evidence. The entirety of the claim will be robustly defended by Tavistock."


ALL IMO. DYOR.
QP

[enough2021] 04/10/2024 13:13

The Investors' Chronicle article downplays the Titan legal issue. I fully expect that Titan will pursue Tavistock for breach of contract and a return of a large portion of the £32 million paid out into thin air. Yes, performance was poor but it has far more to do with LEBC and advisor poaching. Raven and Crook will lose this one.

[russman] 04/10/2024 06:19

Retirement looms.
The cheap but not crisp solution:
Cash up your share options.
Delist.
Change from plc to ltd.
Consolidate the minority shareholders out - 10,000,000 to 1.
Pay yourself a large capital dividend
Leave your son in charge of the rump.
Sail into the sunset.

[makeamillion3] 03/10/2024 19:43

It’s that compelling you repeat the post over and over.
Well done on another deal for you and your mate.

[quepassa] 03/10/2024 18:06

See Investors' Chronicle online article headed:-

"This unloved Company is on a 70% Discount"

noting that

" The £37.75mn (6.75p) consideration is more than double Tavistock's current market capitalisation of £17.4m."

and that

" Net cash now exceeds share price"


A very compelling article and situation.


All IMO. DYOR.
QP

[makeamillion3] 03/10/2024 16:33

Are u new here Kingston?
These two have been caught in the cookie jar many times.
Unaligned with shareholders, incredible costs to the business and now to me looks like the cash will continue the gravy train.
How QP hang been pulled on his comments is beyond me.
Long suffering share holders continued to be treated with utter contempt.

[makeamillion3] 03/10/2024 07:34

The plan is keep cash on the books to fund cook and ravens salaries, expenses and pension contributions.
Why would they change their long alternative strategy?
Got away with pure greed throughout their tenure here. Why would they change?

[simonsmith1] 03/10/2024 07:08

Maybe that is the plan?

[russman] 03/10/2024 06:29

The solution:
BoD buy out the minority shareholders.
Cash up their share options & use the net cash on the balance sheet to fund the deal.
TAVI does not need a share listing.

[countup] 02/10/2024 20:58

Under priced for sure just based on the cash value

[m w] 02/10/2024 17:40

It's a waiting game would expect over 6p in the next few weeks

[quepassa] 02/10/2024 11:40

Strong sign of confidence by management.


CEO purchases today a further 830,000 shares at 3.55p.

Now holding 71.64m shares in the Company representing 12.78%.



Director Buying is the ultimate signal. Skin in the game.


all imo. dyor.
qp

[quepassa] 02/10/2024 10:20

Kingston,

Fully concur.
Very perceptive post and comments.

Additionally, Tavistock Protect has repeatedly been highlighted by management as a strong current and future contributor since its acquisition.

Tavistock's burgeoning insurance division and its great potential are not yet fully appreciated by the market.


all imo. dyor.
qp

[kingston78] 02/10/2024 09:57

Whichever way you look at it the company is way undervalued. The transaction to sell its two businesses to Saltus will go through. The intercompany debt of £11 m is payable immediately on completion. This is not taxable.

Titan will probably bite the bullet and settle out of court. They are pursuing this case because they are losing face and reputation. But the statistics of poor performance is not debatable. There are "get out" clauses in most contracts.

[davydoo] 02/10/2024 09:35

They will never receive the full £37m

These are networked advisers, not employed, some will go elsewhere, and if they do, Saltus wont have to pay for them

[kingston78] 02/10/2024 09:20

The market is cautious about this company because there is litigation with Titan. However, given the proposed transaction to sell two its businesses the company will be cash rich. Rather than squandering the cash the company should return it to shareholders, which will instantly boost its share price.

[quepassa] 02/10/2024 07:04

See Investors' Chronicle online article headed:-

"This unloved Company is on a 70% Discount"

noting that

" The £37.75mn (6.75p) consideration is more than double Tavistock's current market capitalisation of £17.4m."

and that

" Net cash now exceeds share price"


A very compelling article and situation.


All IMO. DYOR.
QP

[russman] 02/10/2024 06:51

A vain attempt to boost their share options.
minority shareholders have never seen any value from previous deals; over the years the value has been squandered on excessive "executive" overheads.
SP performance over the long term defines their problem.
The solution seems obvious.

[makeamillion3] 02/10/2024 06:06

Net cash will disappear to pockets of the famous two as they continue to take salary dividends pension contributions and expenses.
It’s that simple.
They have once more protected their own interests as share holders receive nothing.
You can’t make this sh1t up.
And investor chronicles has proved numerous times to be a puppet master and says whatever raven and Cooke tell him to say!

[enough2021] 01/10/2024 17:30

The long shadow of the busted deal will Titan needs to run its legal course before it's safe to enter the water. Could Titan expect to claw back upwards of £20 million?

[quepassa] 01/10/2024 17:18

See Investors' Chronicle online article today headed:-

"This unloved Company is on a 70% Discount"

noting that

" The £37.75mn (6.75p) consideration is more than double Tavistock's current market capitalisation of £17.4m."

and that

" Net cash now exceeds share price"



A very compelling article and situation.


All IMO. DYOR.
QP

[countup] 01/10/2024 16:15

Any idea what the value of the remaining parts may be for protection firm and employed advisers etc?