Tavistock Investments Share Discussion Threads

[countup] 21/11/2023 19:48

A very round number !

[russman] 21/11/2023 09:54

LEBC sold Aspira to Titan.
TAVI still have 21% of LEBC but what is it worth now?

[quepassa] 21/11/2023 08:52

1.
Share now yielding a handsome 1.75% which for AIM is very good.

The interim dividend is 0.07p and share goes XD in less than ten days on 30th November with Pay-date a fortnight later on 15th. December.


Recent Dividend History is solid:-

2021 0.05p
2022 0.07p
2023 0.07p.


2.

The recent October Trading Update detailed out-performance and contained the magic words " SIGNIFICANTLY AHEAD" compared to prior year. At the same time, Tavistock declared their latest dividend and re-confirmed their commitment to deliver shareholder value through growth.



The latest dividend was declared just last month on 5th. October 2023.

The LEBC sale of Aspira Corporate to Titan was agreed 10/11/23.

It can be assumed that details and consideration for the LEBC sale were already known by Tavistock when they declared their dividend a month prior.

It seems highly unlikely in my view that Tavistock would have gone ahead with the dividend declaration if they had not achieved a satisfactory price in relation to their 20% LEBC stake.


Against a maintained dividend and extremely buoyant Trading Update, the share looks compelling at this depressed level.


ALL IMO. DYOR.
QP

[davydoo] 19/11/2023 15:34

What use is a SOP valuation if they're losing some of the parts (geddit?) by making bad investments

[markgordon1] 18/11/2023 14:37

9.75p in August 20224.1p November 2023Unbelievably cheap SOP 16pAwait further compelling announcements on the strategic advances made. Our deep pocketed partners continue to make acquisitions that add significant value to the Tavistock proposition.DYOR

[makeamillion3] 17/11/2023 09:23

As I stated previously.
Kids in a sweet shop on pocket money day. Yet they are voted in continuously to make bad calls and line their pockets in the meantime

[countup] 17/11/2023 08:05

First call on the proceeds will go to FSCS, the FCA will have made sure of that to protect consumers and the only way they will have agreed to the Aspira deal. There will be very little left for shareholders but big investors cannot admit this because their own share price will fall, they hope to write off the loss over time,this is the only game they can play. Investing in a firm with large complaint liabilities was an easy way to lose millions imo

[russman] 16/11/2023 06:58

that would be inequitable & contrary to CA. i.e illegal.

[alaskan2] 15/11/2023 07:01

Tried to post, but unsuccessful. Try again;

According to the latest Articles, BPM are entitled to the first 25m on disposal, plus outstanding debt. This could mean that Tavistock’s shares are worth £nil.

IMO, DYOR

[russman] 15/11/2023 06:55

BPM valuation is for their majority stake; the minority stake would be valued at a discount.

[russman] 14/11/2023 19:01

if TAVI confirmed a deal; the loss would be clearer.

[mandarin4] 14/11/2023 18:27

16p a share, sum of all parts, Titan are buying them QP says. Friggin delusional idiots and Z1co the mongrel is off his lead QP, hope you’ve muzzled him

[z1co] 14/11/2023 08:58

Shares are significantly undervalued

Waiting patiently for further news from the company when they announce their interim results.

Meanwhile the non holders like mandarin4 continue to make fool of themselves on the other thread.

[quepassa] 14/11/2023 08:18

Tavistock's deep-pocketed Strategic Partner, Titan Wealth continue to be HIGHLY acquisitive.

Just what will they go for next.......

[alaskan2] 14/11/2023 07:43

Morning! What have you based your valuation on?

BPM 59% = 15m or so, so Tavs 21% = 5m?

That is highly likely, having paid 8m for it. They purchased A shares, which could be of greater value.

There is also a possibility that they are of no value.

[quepassa] 14/11/2023 07:37

for the record

hxxps://www.aspirafp.co.uk/aspira-inform/titan-wealth-acquires-aspira-corporate-solutions

[quepassa] 14/11/2023 07:31

interesting times.

a silence which is pregnant with .........

[russman] 14/11/2023 07:05

LEBC 21% = 5.65mn. Does not appear to have been a good investment.
Auditors did not query the valuation in the last Annual Report?

[davydoo] 13/11/2023 14:52

Not quite, Tavistock mkt cap £26.62m

Still owed about £17.5m

[davydoo] 13/11/2023 12:06

Surely its only a matter of time before Titan buy Tavistock.

Think they could buy it for less than their future liability

[alaskan2] 13/11/2023 08:55

Aspira sold to Titan. Details to come

[russman] 04/11/2023 07:14

Oliver Cooke and Brian Raven. Raven were previously chief executive of Card Clear, and Cooke was the company's finance director. They were both forced to leave Card Clear following allegations that they misled the other board members over a payment.