Tavistock Investments Share Discussion Threads

[makeamillion3] 31/8/2021 20:41

Mandarin, he is very busy now as the accounts are due soon. Once signed off he will have time to copy and paste a post from his ‘stock’ answers.

Disappointing to see no action today after the news this am. The lack of trust is unreal. Many have said it for months/years. Now it’s obvious for all

[mandarin4] 31/8/2021 20:06

Cmon QP I asked a question as in my opinion your statement was unfounded, Would have thought that for someone who has their finger on the pulse you would love to get your positive message across.

[mandarin4] 31/8/2021 14:41

Red Army, there will be many reasons why the share price doesn't reflect valuation. It was like this for years, as i understand, however a bid then produced real value. You may need to hold until the rest is sold off before you get 'full' value.

[doubledippers] 31/8/2021 13:58

Possibly the management and their car crash track record of acquisitions?

Just a thought, the price is the price and the market is not willing to pay more. We can complain why it’s “undervalued” until the sun goes down.

Positive news, no meaningful trades.

[red army] 31/8/2021 12:10

I too don't understand why the share price does not reflect the deal price.

You can buy at 4.65p - crazy price.

[makeamillion3] 31/8/2021 11:50

QP… now the 20 million is banked, where are all the investors fighting to get these shares at a discount. Still confused. According to you, once the 20 million was banked the shares will soar.
Clearly the confidence is lacking still…
Come on, I’ve booked my retirement

[mandarin4] 31/8/2021 09:16

QP you stated in one of your recent ramblings that, and I quote, TAVISTOCK IS NOW UNCHAINED FROM BURDENSOME PAST LEGACY. What past legacy? You really want to defend the atrocious performance of the share price, and subsequent rise on this statement so please elaborate on what you are alluding too.

[doubledippers] 31/8/2021 07:59

You say growing success when most long term shareholders are still underwater from 2015.

It’s only a success to you because you have given yourself 10pc of the company.

Put those accounts out and let’s see how you have skinned more money from the balance sheet this year.

This RNS is purely a front, accounts should be out shortly.

[makeamillion3] 31/8/2021 07:56

Yes also agree. Great to see the deal completing.

Now is the perfect opportunity to put all the doubters to bed and drive this forward with quality acquisitions.

Now is the time for the BOD’s and management team to finally deliver with an increase in share prices and a dividend stream.

I’ll be the first to congratulate them when I see what is deemed as success.

[quepassa] 31/8/2021 07:44

Fully concur. Agree. Good Post.

The Tavistock coffers have today swollen by the first £20 million

With another £20million ++ to come.

It pains others to see the growing success of burgeoning Tavistock.

ALL IMO. DYOR.
QP

[chrisdgb] 31/8/2021 07:38

Nice to see completion today, slow painful rise for the non believers to 10p……..

[makeamillion3] 31/8/2021 07:38

In a nutshell markgordon. Well put

[markgordon1] 31/8/2021 07:07

I think the root of the problem is one of trust. Many holders have lost money. The historic behaviour of management has repeatedly appeared to be self enriching and arrogant.Unfortunately the management performance track record is poor and now they have a larger bank balance to finance acquisitions. Acquisitions of the past have been disastrous. So there is no trust in future acquisitions.This complete lack of trust could be mitigated by changing the independent non executives. A couple of robust industry experienced individuals including hopefully a woman would help. This would challenge management decisions and provide independent oversight and audit.

[makeamillion3] 30/8/2021 13:25

I hope it continues to increase the share value.
I think it will increase despite OC and BR, not because of them.
I’m sure they will do their best to waste more money like they did with previous purchases. But surely the odds are, they will get one right

[quepassa] 30/8/2021 13:21

It pains certain parties to see Tavistock doing so well.

Sour grapes.

With a senior management restructuring in summer 2020, Tavistock is now unchained from burdensome past legacy and already showing impressive pace, momentum, ambition, activity, growth and new found direction.

A bright future beckons in a fast-consolidating sector.

Post 2261 refers.

ALL IMO. DYOR.
QP

[quepassa] 30/8/2021 13:07

It pains certain parties to see Tavistock doing so well.

Sour grapes.

With a senior management restructuring in summer 2020, Tavistock is now unchained from burdensome past legacy and already showing impressive pace, momentum, ambition, activity, growth and new found direction.

A bright future beckons in a fast-consolidating sector.

Post 2261 refers.

ALL IMO. DYOR.
QP

[markgordon1] 30/8/2021 12:59

But it is not doing well. It is doing appallingly badly. The shares are below where they were 5 years ago.In fact below. How is that an achievement.The simple fact if you do your own research DYOR you lost money.The accumulated losses are over £20 million and the shares are down.I don't think there's anything for the management to feel proud.By the way Cooke and Raven have earned in salaries circa £1.25 million each Come on it's a terrible performance

[quepassa] 30/8/2021 12:37

It pains certain parties to see Tavistock doing so well.

Sour grapes.

With a senior management restructuring in summer 2020, Tavistock is now unchained from burdensome past legacy and already showing impressive pace, momentum, ambition, activity, growth and new found direction.

A bright future beckons in a fast-consolidating sector.

Post 2261 refers.

ALL IMO. DYOR.
QP

[makeamillion3] 30/8/2021 12:33

Mark- past records say that is never going to happen. I’ve also been hurt numerous times with dilutions and seen the 7.5p days disappear to 1.3p and BR and OC have reward themselves or bought more straight after a dilution. It’s sickening in all honesty. Then the day after the Titan deal they award themselves share options at 5.25p indefinitely. They aren’t gonna go voluntary. Why would they. Milking this for years and will then eventually get they massive payout.
QP needs reporting and investigating. Leopards and spots.
AIMO, DYOR blah blah blah.

[markgordon1] 30/8/2021 12:22

By the way we should remind ourselves that the shares are still below the 5p of 5 years ago.31 August 2014 price was 5.75pIn the meantime the management has been rewarded with a very significant shareholding as we humble private holders have been deeply diluted.None of the historic acquisitions have been earnings enhancing. None. In fact they have been written down. So my fear is further dilutive acquisitions with no enhancement Why can't this management just sell what is left and distribute the cash. Maybe they can achieve the oft referred to 14p.They have their pay day we have ours.

[markgordon1] 30/8/2021 12:04

Really all very pathetic It QP is part of senior management then his behaviour is most inappropriate and should be sanctioned or disciplined by the company.Not withstanding the Titan deal I think the board needs an overhaul. Normally you get non executive directors changing after a period of say 5 years. I would like to see two new non executives. Actually there should be a numerical majority of independent non executives. That would mean replacing existing two with three new.That would be good corporate governance.IMO etc etc

[quepassa] 30/8/2021 11:58

The recent outperformance of Tavistock continues to impress mightily since a major restructuring as detailed in an important article in CityWire from July 2020:-

hXXps://citywire.co.uk/wealth-manager/news/tavistock-s-cio-exits-after-fund-performance-review


Since that time so much has been achieved:-

-Appointment of new CIO
-Corporate restructuring
-Stringent and effective cost-cutting measures
-Implementation of new corporate strategy
-Acquisitions - Chater Allan Finacial services
-Rebuff of derisory bid which was an abject failure attracting little support
-Sale of Asset management Unit to Titan for cash consideration of £40 million ++
-Share price increase since January by 300% to 5p
-Shareholder approval received for sale to Titan
-Full FCA approval for transfer of ownership to Titan
-Strategic partnership announced with Titan
-Successful launch of Tavistock online digital platform for retail and advisers.
-Allenby Capital give Sum of Parts valuation for Tavistock of 14p per share.
-Tavistock announces acquisition and growth strategy
-Change of Registered Office to Ascot Business park.


A very impressive series of successes dating from the turning point of summer 2020.

With a share price of 5p against a Sum of parts valuation of 14p and with a new corporate strategy, a bright outlook beckons for a very ambitious wealth management firm in a fast cosolidating hot sector.

The facts and recent achievements are impressive. A very impressive performance by the Board and Management of Tavistock.

The sale of the asset management unit for £40 million cash will provide Tavistock with the financial fire-power to grow the business significantly.


ALL IMO. DYOR.
QP

[makeamillion3] 30/8/2021 11:00

The tactics continue. Are you on overtime QP? Get those expenses in mate… or maybe another ‘reward’ of shares