Tavistock Investments Share Discussion Threads

[mandarin4] 10/4/2021 18:50

It appears 5p is the magic number.

TEAM are you listening ?

I too wouldn’t back anything less. Based on BODS trading update consolidation figures even 5p is giving it away.

[davydoo] 10/4/2021 12:28

I’d sell for 5p that’s why I wasn’t bothered about options at 7p

[makeamillion3] 10/4/2021 08:24

Yes we agree again.....
I think the offer is low and wouldn’t want a share exchange or paper deal.

I’ve done that once before....... You live and learn with experience. You become sceptical of such deals. I was once given 7.5p a share with the promise of 21p....

I’d hate to do that again and lose what is left...

So TEAM need to get a cash offer of more than 5p on the table...

[quepassa] 10/4/2021 08:11

Taking shares in an overpriced, overvalued newly-floated Jersey-based company that no-body has ever heard of - A BIG NO THANK YOU.


ALL IMO. DYOR.
QP

[makeamillion3] 09/4/2021 22:26

Dementia setting in? Clearly can’t remember the previous post. Needs putting out to pasture

[quepassa] 09/4/2021 22:25

How desperate is that.

Earlier this week Team reported a truly underwhelming weekly increase in Letters of Intent of a mere 0.62% from 13.99% to 14.61%.

Two days later, Team have today reported an even more pathetic increase in LoI's of a negligible 0.42% from 14.61% to 15.03%.



Since the beginning of April, LoI's have gone up by just 1.04%.

That shouts its own story.



The clock is running out.

Team have got until 20th of April - just ten days- to put up or shut up.


One can but draw one's own conclusions about this lowly increase in LoI's.


Taking shares in an overpriced, overvalued newly-floated Jersey-based company that no-body has ever heard of - A BIG NO THANK YOU.


ALL IMO. DYOR.
QP

[mandarin4] 09/4/2021 22:18

QP chill out, no need to post it twice we get it.

Now the share price is above TEAMS approach price they have no alternative but to either withdraw OR make a better offer.

Any offer needs to be cash and over 5-6p IMO. Anything less will not get the required support. Next week will be interesting I reckon. If they pullout share price potentially back to low 2p.

[quepassa] 09/4/2021 15:50

How desperate is that.

Earlier this week Team reported a truly underwhelming weekly increase in Letters of Intent of a mere 0.62% from 13.99% to 14.61%.

Two days later, Team have today reported an even more pathetic increase in LoI's of a negligible 0.42% from 14.61% to 15.03%.



Since the beginning of April, LoI's have gone up by just 1.04%.

That shouts its own story.



The clock is running out.

Team have got until 20th of April - just ten days- to put up or shut up.


One can but draw one's own conclusions about this lowly increase in LoI's.


Taking shares in an overpriced, overvalued newly-floated Jersey-based company that no-body has ever heard of - A BIG NO THANK YOU.


ALL IMO. DYOR.
QP

[davydoo] 09/4/2021 15:35

Sense at last QP

[quepassa] 09/4/2021 15:22

How desperate is that.

Earlier this week Team reported a truly underwhelming weekly increase in Letters of Intent of a mere 0.62% from 13.99% to 14.61%.

Two days later, Team have today reported an even more pathetic increase in LoI's of a negligible 0.42% from 14.61% to 15.03%.



Since the beginning of April, LoI's have gone up by just 1.04%.

That shouts its own story.



The clock is running out.

Team have got until 20th of April - just ten days- to put up or shut up.


One can but draw one's own conclusions about this lowly increase in LoI's.


Taking shares in an overpriced, overvalued newly-floated Jersey-based company that no-body has ever heard of - A BIG NO THANK YOU.


ALL IMO. DYOR.
QP

[nicholasblake] 09/4/2021 13:20

Team needs to get real with indicative offer if they want access to books. They can always pull out if the are too many skeletons.

[makeamillion3] 09/4/2021 12:44

In hand....

[mandarin4] 09/4/2021 12:22

If you want Tavi to be ‘encouragedorced’ to open the books makeamill then you could join TEAM and show intent. See below from their latest RNS.

TEAM continues to engage with Tavistock shareholders and would encourage those who are supportive of TEAM being granted due diligence access by the Tavistock board, and who have not yet been contacted by TEAM, to contact TEAM or its financial advisers.

[makeamillion3] 09/4/2021 11:27

I agree Mandarin. The offer is embarrassingly low for the ‘potentialR17; value here.

I’d also reject the deal, but would certainly add my weight to opening the books. Perhaps then a more realistic offer can be made.

As previously said, a business who can strip the costs easily would see this as a fantastic opportunity to maximise the profit.

[mandarin4] 09/4/2021 11:10

Its gone quiet. TEAM must now decide if they wish to continue or give it up. The TEAM bid was/is nothing more than an attempted theft of Tavistock, as a shareholder I would never accept their current bid.

Will be interesting to see if they come back to the table but if they do they need to stop playing at it and throw in a bid that will get shareholders onside, not simply shareholders who have an axe to grind or a different agenda.

C'mon TEAM put up or shut up.

[quepassa] 09/4/2021 08:50

Tavistock mention that the opportunistic Team bid has been "supported by a small grouping of former employees and disaffected shareholders".


A not-uncommon story of disgruntled former employees who bear festering grudges and try to cause irritation to their former employer.

No-one is interested.

It is informing to read Team's RNS's detailing letter of intent commitments.


It is obvious which posters on this bulletin board fall into this bracket.


They are to be ignored.


ALL IMO. DYOR.
QP

[phillzy1] 09/4/2021 08:30

Just ask the shareholders of Card Clear Plc, Gladstone Plc and Transware Plc.

Raven and Cooke screwed shareholders every time and in the process lined their own pockets. Sound alarmingly familiar? It’s time for them to be booted out before it’s too late.

[graham1ty] 08/4/2021 22:32

Raven and Cooke “have a history”, which can easily be found on google. Clients, counterparties, intermediaries, investors will be very very careful, distrusting, worried it will all happen again.

The only way value will be realised is if those two are removed from this toxic situation

[nicholasblake] 08/4/2021 18:31

The trading update would have been a lot more useful with a net debt figure.

[makeamillion3] 08/4/2021 17:43

I can see the figures, and yes attractive with these equations. But the costs have held this back, plus dilutions. We have heard this argument year after year.

Now things appear to be happening on that front such as cost cutting and accounts being questioned, maybe the share price might begin its long climb back up.

This also illustrates the lack of need for incentives to lift the share price. What are they being rewarded for??? Looking at those figures it shouldn’t be too difficult to get the share price up. If anything, it appears they have held it back.

A sceptic could argue that was a long term plan. Get the funds under management, erode the share price with heavy costs and dilutions, failed ventures, then at a low share price put in place an attractive incentive scheme and then get it back up for a healthy reward?

I wouldn’t for a minute think that’s happened, but like I said, someone with little trust or little believe might..

Either way, a good day for the share price will it do the usual and crawl back down? We will see...

ALL IMO DYOR

[davydoo] 08/4/2021 16:42

Lets look behind the numbers they implied in the trading statement today

Even at the low end

A £24m financial advice business, at 3x recurring revenue of 80% (£19.2m) = £57.6m

A £1.1bn investment management business at 2% of assets = £22m

Total £79.6m Vs today's market cap of £16m


At least they are starting to separate out what I dont think a lot of people realise are 2 separate businesses. Even though most of that £1.1bn in the investment management business has come from their own advisers recommendations.

[nicholasblake] 08/4/2021 16:38

QP is useful, even if only as a barometer of the management's connection with the outside world.

Not sure they've grasped that the problem isn't going away, even if Team does.

[red army] 08/4/2021 16:19

Something else going on here pushing price higher.

[quepassa] 08/4/2021 15:19

FTADVISER.COM .Article headed:-


-Tavistock reports "strong close" amid "unwelcome distraction"



hXXps://www.ftadviser.com/investments/2021/04/08/tavistock-reports-strong-close-amid-unwelcome-distraction/


ALL IMO. DYOR.
QP