Tavistock Investments Share Discussion Threads

[mandarin4] 26/4/2021 20:50

Quiet after all the recent excitement.

Surprised but pleased that the share price hasn’t drifted down since Teams deal was booted out. It was a reason for the strong rise so I would have expected some pull back.

[mandarin4] 23/4/2021 21:01

Agree Chrisgb, massively undervalued in my opinion and has been for a few years now. I am surprised, considering the share price, that more approaches haven’t been disclosed. I find it hard to imagine that there is no interest in Tavistock in their sector.

[chrisdgb] 23/4/2021 16:21

I think it has highlighted a fundamentally undervalued business, we now need to see the evidence of this.......

[makeamillion3] 23/4/2021 13:37

There has been some good quantity buying going through.... although the TEAM offer (as low as it was) was considered a ‘distraction’, what is brewing? Not seen solid trades like this (other than pre TEAM news and increase in SP) before.

So,
more news?
More suitors?
Revalue?
Big investment partner?
Or
Random bigger buys following the recent news?

[mandarin4] 21/4/2021 13:15

QP whilst I agree with the vast majority of your usual 'multi posted comments' I don't agree that they have 'strong and Loyal support from their shareholders'.

These will be the same shareholders that voted against their incentive proposals so to call them loyal is over doing it somewhat.

I think it actually shows that the shareholders are not stupid and are no longer prepared to tolerate the BODS taking liberties OR a company like TEAM trying it on. This is the chance for the BODS to begin building their credibility back, and I hope they do, their fate is in their hands.

[quepassa] 21/4/2021 10:08

All they managed to get was a derisory 15% interest from shareholders, most of which was non-binding and including from a small grouping of former employees.

They fell embarrassingly short of their mark and totally misjudged market sentiment and woefully underestimated the strong and loyal support for Tavistock from its majority shareholders.

Furthermore, their unsuccessful actions confirm my opinion that the Team share price is greatly overvalued in the market place and the share price of Tavistock is greatly undervalued.



Well done to Tavistock, to their management and Board of Directors and to their advisers on putting up such a robust and professional defense and rebuttal of this unwelcome opportunistic potential bid.


The outcome serves but to highlight that there is a great deal of UNLOCKED VALUE inherent in Tavistock where a very bright future beckons.


It is now up to management and The Board to unlock that value and carry the business and the share price forward with reinvigorated confidence and timeliness.

One recalls that in Tavistock's latest Trading Update that management said they were precluded from giving certain detail as they were in an Offer Period.

Now that the Offer Period has lapsed, I am sure that the market would welcome further news.


ALL IMO. DYOR.
QP

[tomgold] 21/4/2021 10:06

The pressure is on for the management team who are very very close to getting a GM called on them on a vote of no confidence.

They have 6 months to deliver at best. QP lay off this forum and focus your energy on delivering shareholder value.

[makeamillion3] 21/4/2021 09:56

Interesting when you look at the names of the 15% and then the names of ‘rejection of a very low offer’. I don’t see many ex employees there.... Chris peel obviously, hence your constant attack about performance...

Then the list of ‘offer rejected’ and they are all either board members, family, employees or advisers within the group.

I’m sure what you claim as ‘support’; is more of the rejection of a paper trade at low levels....

The fact that 15% wanted to explore an awful offer must ring alarm bells for the management. 15% actually thought that a shockingly poor offer from a start up business with no history was a better situation than the current regime.... frightening.

Moving forward-
Yes QP, I agree the RNS discussed further positive news.
You stated a re-rating would also be due.
You also stated this is undervalued and should trade higher.

Based on your knowledge and confidence, perhaps a further top up would be beneficial?

I look forward eagerly to future news and seeing this take off as stated numerous times.

Certainly time to delivery

[quepassa] 21/4/2021 09:37

All they managed to get was a derisory 15% interest from shareholders, most of which was non-binding and including from a small grouping of former employees.

They fell embarrassingly short of their mark and totally misjudged market sentiment and woefully underestimated the strong and loyal support for Tavistock from its majority shareholders.

Furthermore, their unsuccessful actions confirm my opinion that the Team share price is greatly overvalued in the market place and the share price of Tavistock is greatly undervalued.



Well done to Tavistock, to their management and Board of Directors and to their advisers on putting up such a robust and professional defense and rebuttal of this unwelcome opportunistic potential bid.


The outcome serves but to highlight that there is a great deal of UNLOCKED VALUE inherent in Tavistock where a very bright future beckons.


It is now up to management and The Board to unlock that value and carry the business and the share price forward with reinvigorated confidence and timeliness.

One recalls that in Tavistock's latest Trading Update that management said they were precluded from giving certain detail as they were in an Offer Period.

Now that the Offer Period has lapsed, I am sure that the market would welcome further news.


ALL IMO. DYOR.

QP

[davydoo] 21/4/2021 09:14

Dont confuse rejecting a derisory offer with loyal support

[quepassa] 21/4/2021 09:07

All they managed to get was a derisory 15% interest from shareholders, most of which was non-binding and including from a small grouping of former employees.

They fell embarrassingly short of their mark and totally misjudged market sentiment and woefully underestimated the strong and loyal support for Tavistock from its majority shareholders.

Furthermore, their unsuccessful actions confirm my opinion that the Team share price is greatly overvalued in the market place and the share price of Tavistock is greatly undervalued.



Well done to Tavistock, to their management and Board of Directors and to their advisers on putting up such a robust and professional defense and rebuttal of this unwelcome opportunistic potential bid.


The outcome serves but to highlight that there is a great deal of UNLOCKED VALUE inherent in Tavistock where a very bright future beckons.


It is now up to management and The Board to unlock that value and carry the business and the share price forward with reinvigorated confidence and timeliness.

One recalls that in Tavistock's latest Trading Update that management said they were precluded from giving certain detail as they were in an Offer Period.

Now that the Offer Period has lapsed, I am sure that the market would welcome further news.


ALL IMO. DYOR.

QP

[makeamillion3] 20/4/2021 19:35

Right then QP and Raven.... here is your time to turn words into profits and back your previous words up. As you said this will re-rate higher quickly. Let’s not let this drift back to the 1.5p areas please...
Get control of that rudder and steer this ship forward please.

[mandarin4] 20/4/2021 18:02

Yes RNS now stating they have withdrawn. Not unexpected as it was a very cheeky bid at daylight robbery. It may hopefully flush out some other interested parties. Wonder where share price will head tomorrow?

[davydoo] 20/4/2021 16:45

Well that's that then

A big distraction but interesting to see who hold most of the shares in TAVI

Over to the board to deliver now

[mandarin4] 20/4/2021 16:26

Thanks I was being premature. Now 35 mins but probably have to wait until 7.00am tomorrow to find out. I am intrigued to see this play out as I stated earlier I see their bid as being done with now.

[quepassa] 20/4/2021 15:24

The rules of the game.



"This announcement commences an offer period in respect of Tavistock for the purposes of the Code. In accordance with Rule 2.6(a) of the Code, TEAM is required, by no later than 5.00 p.m. (London time) on 20 April 2021, to announce a firm intention to make an offer for Tavistock in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code."


100 minutes left and counting.


ALL IMO. DYOR.
QP

[mandarin4] 20/4/2021 07:25

No TEAM RNS as yet, surprising as expected news from them first thing. Interesting to see if there is anywhere they can go, which I doubt. A cash offer of double their initial offering may get them some backing but i feel they have lost all credibility.

[pepperspray01] 19/4/2021 11:20

This is the fastest I have seen the management team move in 7 years... a welcomed change!

Now take a reward!

[quepassa] 19/4/2021 10:54

51.12%

Bravo.

Well done to Tavistock management.

And there are still UNDOUBTEDLY many additional shareholders who would further support Tavistock's rejection of the low-ball potential bid but who have not formally notified Tavistock.

ALL IMO. DYOR.
QP

[makeamillion3] 18/4/2021 19:28

^^^^^^^^ rest my case....

Think I’m done with this nonsense. I’ll go and speak to my 8 year old and get some intelligent feedback.

My points are raised.

Origami- ‘If anyone has any specific allegations they can back up they should report them to the relevant authorities’.
Immediately after the release of the positive RNS after the share purchase 2 people on here said it was raised. Can’t remember who.

QP- 10/10 for consistency... 👏🏼👏🏼 Should work in politics...

[quepassa] 18/4/2021 19:17

I do hope that Tavistock will fully investigate the share-bashing campaign.

I also hope Tavistock will/has spoken to its lawyers about the appalling defamation, slander and libel (both personal and corporate)which has been aired on this bulletin board and bring to bear the full force of The Law on those involved.


ALL IMO. DYOR.
QP

[origami74] 18/4/2021 16:38

QP refers in the posts to defamation and liable. I agree with him/her on this point - If anyone has any specific allegations they can back up they should report them to the relevant authorities.

[origami74] 18/4/2021 16:33

I agree with you QP that there may be disgruntled ex employees out there and I'm sure this is the same for all shareholders in many many more companies. I do not think you should just dismiss them - Very few shareholders would want to perform an action which eroded the value of their shareholding. Cutting of nose to spite face comes to mind.

At face value the offer from TEAM is too low but why has this share been plumbing the depts on 1.4p?

QP mentions in a number of posts 'I would not be short from here' well a £15M capitalised company on AIM offer very little scope to be short. Retail investors can't get involved and institutions are probably making their money short central london office space at the moment as the fundamentals behind that are weal=ker. I do not agree there is a vendetta against the shares as the volume has been very poor for a couple of years at least.

I would be interested on QP thoughts as to why he is so positive - What initiative or driver from the BOD is going to re-rate the shares. AUM is known at that isn't working.

[origami74] 18/4/2021 16:26

I another concern for the board of Directors is that the Remuneration Package did not go through at 3rd time of asking. Quite clearly there is a flaw in the consultation process of the board of Directors. You should never be in a position where this happens and it reflects badly management when it does. It shows a inadequate level of engagement with all shareholders.

I would be interested in your thoughts on this QP? How was it not identified that it would not get through at 3rd time of asking.