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Share Name Share Symbol Market Type Share ISIN Share Description
Tavistock Investments Plc LSE:TAVI London Ordinary Share GB00BLNMLS43 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1.85 1.70 2.00 1.85 1.85 1.85 27,106 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 28.8 -5.7 -1.0 - 11

Tavistock Investments Share Discussion Threads

Showing 1551 to 1574 of 1575 messages
Chat Pages: 63  62  61  60  59  58  57  56  55  54  53  52  Older
DateSubjectAuthorDiscuss
04/3/2021
18:38
I am enjoying the sword fight below however I will side with Mandarin4 here bringing up a very valid point on past results. On that note, it is impossible to ignore the gruesome track record of shareholder value destruction at prior public companies that Cooke and Raven have been involved in. Namely, XL Communications Group PLC, Card Clear PLC, Gladstone PLC and Transware PLC. History suggests that investors stand to lose a significant percentage, if not all of their capital. Sadly, Tavistock Investments PLC is following on the same trajectory. This can only end one way (very badly) with Raven and Cooke at the helm. It’s time for a new management team. Very sad to see and shameful that these two individuals have dedicated the best part of their careers taking advantage of shareholders, protecting themselves whilst having the sole mission of lining their own pockets.
tomgold
04/3/2021
12:54
Well I looked at the first one on your list and the appointment of a new ceo doesn’t appear, from what I can see, to have made the price increase by 100% ON NEWS THAT THEY WERE DEPARTING (those were your exact words). The increase looks like it was a month or two later and based on results. The main point you still fail to answer is this ‘long list’ of suitable candidates you have to replace them. Don’t for one minute think that I believe they have done a good job BUT I am looking at what the alternatives are and who is going to achieve value for me, yet you haven’t given one credibly candidate despite a long list of names you have. A large Tavistock shareholder doesn’t count either, what’s their name ? Are they available? are they capable? do they want too? If they are a large shareholder why haven’t they challenged the current leadership and sought to remove them? As for dilution it appears you and I are looking at two different scenario’s. You the dilution of value due to A shares and me further dilution on ordinary shares.
mandarin4
03/3/2021
19:56
Dearest mandarin4, Ask and you shall receive. I am not a headhunter but rather a shareholder, would not take long to find a more competent board in the IFA space in the UK, one happens to be a large Tavistock shareholder. As for your comment on CEO departures where the price has increased over 100% here is a couple from the UK and US: T-1 Month - World high Life (111%), Code Chain New (164%), Riot Blockchain (128%), ConnectyYX Techno (164%) T-3 Months - Elys Game Technologies (139%), M&C Saatchi PLC (155%), Galenfeha inc (584%), ESP Resources (572%), Sunworks inc (241%), Ameritek Ventures (167%), Amplify Energy (172%), First Choice health (182%), Life on Earth inc (205%), Caduceus (442%), Appharvest inc (139%) T-6 months - Xpediator PLC (119%), Intricon Corp (116%), Fact Inc (924%), Weatherford international (281%), Yubo international biotech (170%), Terra Tech Group (342%), Wetouch technology inc (142%), Winchester holding group (562%), Applied minerals inc (655%). As for the dilution comment, given that there is a miss-understanding from one of us. Can you possibly justify why after 7 years of almost running the share price into the ground do OLIVER COOKE and Brian Raven see fit to align their interests via the subscription of a new share class (exclusive to them) which acts as a dilution/tax to ordinary shareholders on a change of control... Over to you captain!
phillzy1
03/3/2021
18:38
If the list is 'long and distinguished' why have you not been able to post at least one of these remarkably capable candidates names in your response ? Can you point to previous departures of CEO's and Chairman that have giving the share price a 100% increase on news they were departing, again just one will do. As for the dilution this just shows you really don't have much of a clue, but crack on.
mandarin4
02/3/2021
10:36
Given the abysmal 7-year track record of Raven and Cooke, the list of suitable replacements is long and distinguished. The share price will likely double on their departure. As for dilution, any value attributed to the proposed “A” shares can only come from the pockets of the Ordinary shareholders. Where else can it come from? This latest proposal is doomed to fail....AGAIN!
phillzy1
01/3/2021
15:05
Whom would you have them replaced with? Please don't say 'anyone' as that's a cop out. Name who should take over who is available and has the track record needed. As a shareholder you have the ability, provided you get enough support, to oust them so what plans do you have to do that? Can they get the share back to 7p or more, I don't know, however its been languishing here for as long as I can remember and they only get the benefit based on share price increasing to at least 4p, unlike the last effort where they could have shafted us all as it wasn't linked to shareholder value at all. Unless I am missing something why would dilution not affect them? If the share price is the barometer for the triggering of the incentive scheme and they dilute then it further the share price has to recover for them to benefit?
mandarin4
01/3/2021
14:48
What makes you lot think they can get it to 7p in the first place when up to now, they have done nothing but destroy shareholder value and confidence. Also, why should they get more of a reward than current ordinary shareholders? Raven/Cooke interests are aligned, they remain the top shareholders in the business, they tried to build value and failed year on year. Get them out. Sanity check needed for a number of you. The share price will never get to 7p with the current greed going around. AUM is stale, it's been circa 1B for years. The only way the price can get to 7p is via buybacks (which are out of the question because the company has no liquidity for this) or acquisitions (which again poses the question of ordinary shareholder dilutions whilst the 'new' share class reward remains unaffected). It took them 3 months to revise the figures and come up with the same nonsense structure.
phillzy1
01/3/2021
14:18
I agree with Quepassa in that something needs to happen to get this share recovering and reaching its potential. If the BODS get it back to 7p or more that would be a nice profit for most shareholders and if they get a cut then so be it. I also agree with a few others in that a deal will happen to change ownership way before 2025 IMO. Its certainly more palatable than their last effort.
mandarin4
01/3/2021
13:49
hxxps://citywireasia.com/news/tavistock-targets-1-8bn-aum-as-it-dishes-out-incentives/a1102105?section=wealth-manager The share price was at 3.1p 3 years ago and they awarded themselves options at 6p and 6.5p. Now they want to rest at a minimum of 4p with the share price at 1.85....
phillzy1
01/3/2021
12:53
In most UK companies, option based incentive schemes entitlement is linked to continued employment. Another way to release the historic share-based payment charges is simply to remove the current option holders. Anyone care to make a guess who owns the majority of the existing options? It’s unethical to reset the strike price of the existing options to a lower level. Shares are only trading here because management has driven the company into the ground!
tomgold
01/3/2021
10:33
I don't think the market has yet fully taken into account these important details from today's RNS:- "The impact of this surrender will be to reverse the historic share-based payment charges relating to these options and to enhance the level of pre-tax profit reported by the Company in the current financial year by approximately GBP400,000." That's a big hike in pre-tax profits. ALL IMO. DYOR. QP
quepassa
01/3/2021
10:15
Must agree Quepassa. If they get us back to 7p and above they have a nice bonus. Saying you want it to be worth zero is ridiculous. Share holders all loose out for your desire for Raven and Cooke to fail? Have they shared your Mrs or something?
makeamillion3
01/3/2021
09:33
This has turned into a Greek tragedy. It’s ridiculous that the Leadership Team thinks it should be incentivised to recoup the losses that have occurred under their stewardship. I have a better idea, why not bin the lot of them? It’s time for shareholders to revolt!
peterdavids01
01/3/2021
09:04
I'm certainly in this camp............
chrisdgb
01/3/2021
08:29
Absolutely agree. This is clearly not enough, they want more to exit. Greedy given the titanic-like share price performance. These guys are close to retirement so there is some urgency however, I am still fully behind the idea that Raven and Cooke have sold the company on a future date (perhaps Canada Life if they get X amount of assets into their platform). That would explain the urgency but it is just a theory.. They can't dilute everyone, deliver poor performance then deploy a halo new share class that will save them. No lifejackets here !
pepperspray01
01/3/2021
08:22
What is so absurd is that the Board’s interests are ALREADY aligned with shareholders. Raven owns 67m shares, and Cooke 29m. So, if the price rises by 5.5p, to the 7p in the “worked example”, then Raven makes £4m and Cooke £2m. Shouldn’t that be enough ? Why should they get £10m on top of that ?
graham1ty
01/3/2021
08:04
Amen to Graham's comment. The "leadership team' have done nothing but lead the company into the ground and now need a revised incentive plan because they have screwed themselves down here too. Also, the absolute act of desperation to get this through leads me to think they have already sold the company forward and want to milk it before the change of control that is so heavily mentioned. I have lost enough cash with this I don't care if it goes to zero, but I sure want the Tavistock team to go down with me. PS: I get your covid 19 excuses but why no zoom link, why no transparency Tavistock?
pepperspray01
01/3/2021
07:26
So, now they give a worked example: “Were the number of shares in issue at 30 June 2025 to be 1,000,000,000 and the applicable share price to be 7p; the market capitalisation of the Company would be £70 million. Shareholders would have benefited from a significant increase in the value of an Ordinary Share, and the A Ordinary Shareholders would collectively have voting, dividend and distribution rights equivalent to those of an equity holding of 149,000,000 shares, being 13% of the enlarged share capital. This number would not vary thereafter, regardless of any subsequent increase in the number of shares in issue or increase in the share price.” The problem with this is that in 2016, they bought Abacus, and paid partly with shares issued at 7.5p. So, in the this new scheme if Cooke/Raven JUST GET THE SHARE PRICE BACK TO WHERE IT WAS they make £10m !!!! The reason the old share option was worthless is because they have destroyed value and the share price has collapsed. They now want to get paid to get it back to where it was. GREED! GREED! GREED !
graham1ty
23/2/2021
18:49
The silence is deafening! Clearly, everyone must agree with me. I guess it’s over to Raven and Cooke to resign or for shareholders to get out the bazooka. Either way, it’s time....
peterdavids01
19/2/2021
12:58
I have lost more than half of my investment in this company and it’s clear from reading the blogs over the past several months that many shareholders have had more than enough of this incompetent and corrupt management team. It is vulgar in the extreme for Raven and Cooke to think they are entitled to be rewarded for having lost more than 80% of the company’s share price in the last 5 years. It’s more than time for a change! Does anyone disagree?
peterdavids01
17/2/2021
17:53
And your point is ?
mandarin4
16/2/2021
13:56
I joined after management first tried to steal 25% of the company in November. Note, my cost price is over 4.5p a share so this closed forum allows me to vent my frustrations! Also I completely agree with fellow newcomer Paul and these two crooks need to be shown the door ASAP. How much more suffering can shareholders endure? Not much is the answer. And let’s not forget about the little matter of front running a positively opaque trading update. It’s a case of insider trading all day long. It’s good to TalkTalk!
phillzy1
16/2/2021
11:38
Hi PauliXX1 Hi PhillZY1 welcome and what a conincidence that you both joined advfn on the same date of 23/11/20 and that you have both only posted on this thread. And welcome manadrin who joined three days earlier and only posting on this bulletin board. :) Enjoy. ALL IMO.DYOR. QP
quepassa
16/2/2021
10:53
The only way Tavistock is re-rated to the upside is when Raven and Cooke are gone. They have wasted millions of shareholder capital and lined their pockets handsomely along the way. They represent everything that stinks at the bottom of UK financial services. Attempting to bribe shareholders to support another ill fated LTIP is the final straw. They are on borrowed time!
paulixx1
Chat Pages: 63  62  61  60  59  58  57  56  55  54  53  52  Older
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