Tavistock Investments Share Discussion Threads

[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?

[mandarin4] 17/2/2021 17:53

And your point is ?

[phillzy1] 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!

[quepassa] 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

[paulixx1] 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!

[chrisdgb] 15/2/2021 14:37

If this doesn’t finally get a decent rating, I think the boys will seek a sale, no shortage of interest in the sector..

[tomgold] 10/2/2021 12:47

Rome is burning so why is management fiddling with the long-term incentive plan now? What is the REAL incentive behind this desperate move? Go fish!

[chrisdgb] 10/2/2021 12:25

Letter sent to shareholders.............

[mandarin4] 10/2/2021 08:48

It’s astonishing they, Raven and Cooke,think this is acceptable to the shareholders. Time for them to be voted OUT

[mandarin4] 10/2/2021 08:48

It’s astonishing they, Raven and Cooke,think this is acceptable to the shareholders. Time for them to be voted OUT

[tomgold] 09/2/2021 15:31

As promised as per my last post I have now engaged with the FCA on the basis of insider trading through the recent share purchases. Phil raises some good points.

Whatever my opinion is on Tavistock you cannot buy shares, disclose it to the market, then 10 days later put out a trading update. Especially when all other ordinary shareholders are waiting for an answer to the car crash long-term incentive plan proposed last year.

[phillzy1] 09/2/2021 11:14

Today’s trading update is ridiculous.

The so-called improvement in performance is entirely down to the government furlough scheme and interest rate relief from their £4 million of loans. The closure of several offices has also helped. The platform adds no revenue to the firm and will be as unprofitable as iStock.

This company needs to raise not less than £2 million of new capital. It’s normalised balance sheet is shot to bits. Without the Covid loan their regulatory capital would be challenged.

They need to issue more dilutive shares. £2 million worth.

As for buying shares ahead of this trading update, they are guilty of insider trading and I expect there to be a full investigation by the stock exchange and the FCA.

If they are found guilty the FCA will fine the company under breach of staff dealing procedures. Another hit to long suffering shareholders.

[chrisdgb] 09/2/2021 09:35

Good to see the fund performance coming through as well, agree with Cheshire an interesting recovery story.......

[makeamillion3] 09/2/2021 09:26

So, coats reduced and performance up since the change of chief investment manager. Pretty much what I tried to say last month but was hammered on here.

Cost down, FUM increasing through growth to enhance the ongoing income which all means bigger profit margins.

The new platform sounds interesting also.

[cheshire man] 09/2/2021 08:46

TAVI,,,,,,a recovery play ? looks interesting down here DYOR

[quepassa] 09/2/2021 08:43

"Consequently, the Board expects to report EBITDA for the financial year to 31 March 2021, that is significantly ahead of last year."


SIGNIFICANTLY AHEAD

[chrisdgb] 09/2/2021 08:03

Nice looking trading update...........

[tomgold] 06/2/2021 19:57

The Dynamic Duo are rotten to the core and it’s time for the FCA to investigate.

They knew exactly what they were doing and it’s a clear case of insider trading. How do you think the seller at 1.5p feels now? What a dreadful way to treat a long-suffering shareholder. The sooner Raven and Cooke are forced to resign the better.

Should a positive RNS come out within the next weeks I will not hesitate to personally contact the FCA on the purchases. We are all waiting to see what the revised long-term incentive plan is and these 2 are buying shares in off-market arrangements... Let this post serve as an open letter to Tavistock.

PS: If they can inside trade their way to 5p so I can get rid of these holdings at cost I would be grateful.

[mandarin4] 05/2/2021 19:37

You’d think they knew some news that would make this weeks purchase at 1.5p worth it. How do they get away with it?

[phillzy1] 05/2/2021 18:49

That's an excellently timed purchase there Mr.Raven and Mr.Cooke... Mazel tov!

[smcl] 05/2/2021 17:12

Any idea why the rise? Revenue holding up and they have good cash reserves.

Wonder if clients have more resources and time to invest because of pandemic. Maybe excess savings etc.

[makeamillion3] 05/2/2021 16:58

That was a good step up without any news out.... must be something due for all this activity today....

[chrisdgb] 05/2/2021 10:15

Well someone has had to pay 1.85p today, so not much stock around, this will move sharply on any whiff of good news...

[batham1] 04/2/2021 15:54

Up a little again today...must be some news coming soon?