Tavistock Investments Share Discussion Threads

[aimfinder] 21/1/2014 20:32

Still learning with building threads, but others with more experience have been very helpful. So with the thread sorted & website launched all we need now is that first purchase.

[kennyruss] 21/1/2014 15:59

good to see your volume chart sorted aimfinder:)

[aimfinder] 21/1/2014 12:48

KennySums it up nicely

[kennyruss] 21/1/2014 07:17

and from Mr_D in October...

Dear Frederick

thank you for supporting the Company.

There is a partially functional website available now at www.tavistockinvestments.com The site, which describes itself as 'under construction' with a fairly meaningless launch date of 1 January 2014, contains the basic AIM Rule 26 information, including a copy of the circular that was sent to the SocialGo shareholders in order to secure their consent for the tidy up of that business and the change of business focus. Clearly what is missing from the site as it currently stands, which we would hope to resolve in the next week or two, is all the ancillary information regarding our mission statement, strategy, the directors and corporate governance matters.

We would hope to have a fully functional site in the next few weeks.

With regard to timescales – you are I am sure aware that I cannot provide you with information that is not in the public domain. However, I can tell you that we are actively pursuing our investment strategy and are aiming to complete a meaningful acquisition just as soon as we are able.

Our aspiration is to acquire businesses in the asset management sector and in the complimentary retail distribution sector (IFA advisory businesses). The successful combination of such businesses enable more profit to be retained within the entity itself – and attract a higher market rating than the component businesses operating in their own sectors. By focusing on established, profitable businesses we would aim to move the Group into profitability as soon as possible and wish to enhance the profile of the Group by establishing at the outset a dividend policy of paying out up to 20% of distributable reserves as a dividend in each year.


I hope that we will have an opportunity to meet in person at some stage in the future.


Kind regards

Oliver

Oliver Cooke | Executive Chairman | Tavistock Investments Plc

[kennyruss] 21/1/2014 07:15

Just a reminder why we are here.. from end of Sep 2013

kennyruss
19 Sep'13 - 06:58 - 707 of 850 3 0


Ok, let's expand a bit now that I have time to gather my thoughts


Summary:

Tax losses not all tax losses allocated to SocialGo/DWAV, Tavistock "potentially" availability of £6m-£7m - Hopes to utilise. Due Diligence on these tax losses, not completed as currently running business on absolute shoestring budget to preserve cash reserves.

Actively seeking profitable businesses - identified - reading between the lines I got the feeling that they were looking for a business that offered multiple financial services rather than one financial product. Such a business like that would be more highly rated than a single service business. I also got the impression that there was more than one "business"

Website - under construction - available soon - he commented that PR is absolutely critical is these market conditions, and communications will be plentiful

New director's identified and certified by Nomad will be appointed when transaction is concluded - again reading between the lines, possibly some of the current BOD are holding director's and will move on when the new business is RTO'd

Intention to pay 25% dividend a year to shareholders He quoted figures but can't exactly remember - something like only 100 AIM companies have paid dividend's year on year. He wanted to pay 25% dividend year on year and create value for shareholders.

Using the same blueprint here as with 3DR clean up the shell, remove unprofitable businesses and create value with RTO. I asked how he appeared to have almost been handed the shell on the plate. His reply was that he had this venture planned for some time, he approached SocialGo, explained what he had in mind and they welcomed him on board. Stated several times, this is what he does, comes in cleans up, raises finance and creates value

timescales obviously he wouldn't answer that question, just said they were very active and looking at several opportunities, watch this space comment mentioned several times and that they were been very proactive. Stated that current market conditions ideal for his roadmap for TAVI

key points for me:
Actively seeking multiple profitable businesses

Tax losses, potentially to TAVI of £6-7m - split between holding/subsiduary company (he explained but pretty complicated)

New Director's approached, and certified by NOMAD - suggest to me that a deal is close

Website - due any time

Communications - PR will be King

"This is what I do" - Look at 3DR/AFRIAG transaction

Dividend - 25% year on year

Running business on shoestring

Man with a plan - "roadmap" was very much evident and mapped out in our chat


Very confident individual, easy going, not stuck up his own backside, encouraged further conversations if anymore questions..

[moreforus] 20/1/2014 08:51

1st nibble at 0.09

[aimfinder] 20/1/2014 08:23

pranchalee,

I think a big update is on the cards, charts look good, share price is holding up well with volume this could easily surpass the last rise.

[pranchalee] 20/1/2014 07:35

OAW happy to wait also but a little update would be nice

[moreforus] 20/1/2014 07:33

Pranchalee ..as they are working on a deal and don't want to let the cat out of the bag as either way it might be deemed naughty by regulators ....

[olderandwiserone] 20/1/2014 07:31

The PR machine will swing into action full speed when his first deal is announced. Happy to wait until the rns comes. But you know how these things emerge. Someone ALWAYS knows before hand.

[pranchalee] 20/1/2014 07:25

lets hope so

[kennyruss] 20/1/2014 07:24

I think the spike when the placing was announced probably turned a few heads. I had no idea it was coming.

It may just be convenient for him to use that to bat off PI's for the time being. I am sure when the transaction kick's off he will be keen to speak again imho

[pranchalee] 20/1/2014 07:21

kenny whats your view on the appliance team stopping OC communicating with shareholders

[moreforus] 20/1/2014 07:21

Lol it'll come out the blue... When least expected when everyone is looking elsewhere...

[kennyruss] 20/1/2014 07:15

Now that the After Eights and Quality Street have been finished from XMAS OC, lets get the deal done:)

Agree Divmad, volume is always a key of some sort of corporate activity

[divmad] 18/1/2014 21:06

Needs a step up in volume.

[aimfinder] 18/1/2014 05:19

I reckon with a bit more volume this could really move chart looks good

[aimfinder] 18/1/2014 04:43

thanks to someuwin
have now been able to post 6 month live chart with volume

[divmad] 17/1/2014 05:58

Is this hrambo character for real? Clogging up the tavi bb big time.

[aimfinder] 16/1/2014 13:02

The quiet before the storm at least it's holding up, so much red around

[moreforus] 16/1/2014 07:37

good low volume day yesterday....today could be the day!

[aimfinder] 15/1/2014 14:55

0.094 buy at least now we can see the buys

[aimfinder] 15/1/2014 08:11

M4 agree with that. The actual spread has been very tight Lately