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Share Name Share Symbol Market Type Share ISIN Share Description
Tavistock Investments Plc LSE:TAVI London Ordinary Share GB00BLNMLS43 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 4.25 29,042,895 08:00:25
Bid Price Offer Price High Price Low Price Open Price
4.00 4.50 4.25 4.08 4.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 28.71 0.95 0.13 32.7 26
Last Trade Time Trade Type Trade Size Trade Price Currency
16:11:03 O 600,000 4.0124 GBX

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Tavistock Investments (TAVI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-09-17 16:15:004.01600,00024,074.40O
2021-09-17 15:11:044.052409.72O
2021-09-17 12:52:564.2129,4981,241.87O
2021-09-17 11:30:304.39113,7984,990.04O
2021-09-17 10:08:134.7028,898,3781,358,223.77O
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Tavistock Investments (TAVI) Top Chat Posts

DateSubject
17/9/2021
09:20
Tavistock Investments Daily Update: Tavistock Investments Plc is listed in the General Financial sector of the London Stock Exchange with ticker TAVI. The last closing price for Tavistock Investments was 4.25p.
Tavistock Investments Plc has a 4 week average price of 4.08p and a 12 week average price of 4.08p.
The 1 year high share price is 5.50p while the 1 year low share price is currently 1.32p.
There are currently 607,795,801 shares in issue and the average daily traded volume is 303,483 shares. The market capitalisation of Tavistock Investments Plc is £25,831,321.54.
13/9/2021
11:42
mandarin4: Those that want change see below todays RNS. Resolutions 1,2 & 3 will get some responses I imagine. Company Number: 05066489 NOTICE OF ANNUAL GENERAL MEETING 2021 TAVISTOCK INVESTMENTS PLC (the “Company”;) NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at the Company’s offices at 1 Queens Square, Ascot Business Park, Lyndhurst Road, Ascot, Berkshire SL5 9FE at 11:00 a.m. on Thursday 7 October 2021, in order to consider and, if thought fit, pass resolutions 1 to 6 as Ordinary Resolutions and Resolutions 7 & 8 as Special Resolutions: - Ordinary Resolutions 1 To re-elect Brian Raven as a Director in accordance with Article 26 of the Company’s Articles of Association. 2 To re-elect Roderic Rennison as a Director in accordance with Article 26 of the Company’s Articles of Association. 3 To re-elect Peter Dornan as a Director in accordance with Article 26 of the Company’s Articles of Association. 4 To receive, consider and adopt the Directors’ report and accounts of the Company for the year ended 31 March 2021, together with the report of the auditors. 5 To reappoint Crowe U.K. LLP of 55 Ludgate Hill, London, EC4M 7JW, as auditors and to authorise the Directors to determine their remuneration. 6 That, in accordance with section 551 of the Companies Act 2006 (the "Act") the Directors be generally and unconditionally authorised to allot ordinary shares of £0.01 each in the capital of the Company (“Shares”;) up to an aggregate nominal amount of £1,500,000, provided that this authority shall, unless renewed, varied or revoked by the Company, expire on the date which is 18 months after the date on which this resolution is passed or, if earlier, the conclusion of the next annual general meeting of the Company save that the Company may, before such expiry, make offers or agreements which would or might require Shares to be allotted and the Directors may allot Shares in pursuance of such offers or agreements notwithstanding that the authority conferred by this resolution has expired. This resolution revokes and replaces all unexercised authorities previously granted to the Directors to allot Shares but without prejudice to any allotment of Shares or grant of rights already made, offered or agreed to be made pursuant to such authorities. Special Resolution 7 That, subject to the passing of resolution 6, the Directors be and are hereby empowered, pursuant to section 570 of the Act, to allot equity securities, as defined by section 560 of the Act, for cash, either pursuant to the authority conferred by resolution 6 or by way of a sale of treasury shares, as if section 561(1) of the Act did not apply to any such allotment, provided that this power shall be limited to the allotment of equity securities up to an aggregate nominal amount of £1,500,000. The power granted by this resolution will expire on the date which is 18 months after the date on which this resolution is passed or, if earlier, the conclusion of the Company's next annual general meeting (unless renewed, varied or revoked by the Company prior to or on such date) save that the Company may, before such expiry make offers or agreements which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of any such offer or agreement notwithstanding that the power conferred by this resolution has expired. This resolution revokes and replaces all unexercised powers previously granted to the Directors to allot equity securities as if section 561(1) of the Act did not apply but without prejudice to any allotment of equity securities already made, offered or agreed to be made pursuant to such authorities. 8 To authorise the Company generally and unconditionally to make market purchases (within the meaning of section 693(4) of the Companies Act 2006) of its ordinary shares of £0.01 each provided that: 1. the maximum aggregate number of ordinary shares which may be purchased shall be such number as represents 10% of the aggregate nominal amount of the Company’s issued ordinary share capital as at the date of the passing of this resolution; 2. the minimum price (exclusive of expenses) which may be paid for any such share is its nominal value and the maximum price (exclusive of expenses) shall not be more than 5% above the average of the middle market quotations for an ordinary share (as derived from the London Stock Exchange’s Daily Official List) for the five business days immediately preceding the date on which the contract for the purchase is made; and 3. the authority will expire on the earlier of the date that is 18 months from the date on which this resolution is passed and the conclusion of the next annual general meeting, provided that before such expiry the Company may enter into any contract for the purchase of ordinary shares that would or might require a purchase to be completed after such expiry and the Company may purchase shares pursuant to any such contract as if the authority had not expired. SHAREHOLDERS WISHING TO VOTE ON ANY OF THE MATTERS OF BUSINESS ARE STRONGLY URGED TO DO SO THROUGH COMPLETION OF A FORM OF PROXY which must be completed and submitted in accordance with the instructions thereon. If Shareholders have any questions or comments relating to the business of the meeting that they would like to ask the Board then they are asked to submit those questions in writing via email to AGM2021@tavistockinvestments.com no later than 11.00am on 5 October 2021. The Board will publish a summary of any questions received which are of common interest, together with a written response on the Company’s website as soon as practicable after the conclusion of the meeting. BY ORDER OF THE BOARD Registered Office: 1 Queens Square Oliver Cooke Ascot Business Park COMPANY SECRETARY Lyndhurst Road Ascot, Berkshire SL5 9FE Dated 13 September 2021 Notes : 1. A member who is entitled to vote at the meeting is entitled to appoint a proxy or proxies to vote instead of them. Members are urged to appoint the Chairman as the proxy, as any other appointed person may not be able to attend or participate in the meeting. 2. A form of proxy is attached. 3. To be effective, the form of proxy must be received at the offices of Share Registrars Limited, The Courtyard, 17 West Street, Farnham, Surrey GU9 7DR, not later than 2 business days before the time of the meeting or any adjournment thereof, together, if appropriate, with the power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power or, where the proxy form has been signed by an officer on behalf of a corporation, a notarially certified copy of the authority under which it is signed. 4. In the case of a joint holding, a proxy need only be signed by one joint holder. If more than one such joint holder lodges a proxy only that of the holder first on the register of members will be counted. Any alternations made to this proxy should be initialled. 5. If you submit more than one valid proxy appointment, the appointment received last before the latest time for the receipt of proxies will take precedence. 6. In the case of a corporation this proxy must be given under its common seal or be signed on its behalf by an attorney or officer duly authorised. 7. Any power of attorney or any other authority under which this proxy form is signed (or a duly certified copy of such power or authority) must be included with the proxy form. 8. Pursuant to Regulation 41 of the Uncertificated Securities Regulations 2001, the time by which a person must be entered on the register of members in order to have the right to vote at the Annual General Meeting is 11:00 pm on 5 October 2021, (being not more than 2 business days prior to the time fixed for the Meeting) or, if the Meeting is adjourned, such time being not more than 2 business days prior to the time fixed for the adjourned meeting. Changes to entries on the register of members after that time will be disregarded in determining the right of any person to attend or vote at the Meeting. 9. As at 10 September 2021 (being the latest practicable date prior to the publication of this document), the Company’s issued share capital consists of 607,795,801 Ordinary Shares of £0.01 each which each carry one vote. Therefore, the total voting rights in the Company as at 10 September 2021 are 607,795,801.
31/8/2021
22:48
markgordon1: AFH is not good comparison The appeal and value was the 6 billion of assets under management in AFH Wealth the asset management business.Tavistock have sold the Wealth management business Tavistock is now solely an advisory business. Further a larger number of the advisers are self employed You can not sell a business you don't own.Tavistock have sold the jewels Advice businesses sell for 8 times profit or ebitda.Tavistock currently has market cap of gbp28 million so needs to declare a profit of gbp3.5 million.For the share price to reach 14p you need gbp10 million of profit without further issue of shares.Assuming what is left can make gbp2 million profit.On 8 times I estimate that they need to spend circa gbp64 millions to buy that additional gbp8 of profit.The answer is sell the business with the cash.I wonder why Titan didn't buy the whole company.I guess they really didn't want the Adviser business.
30/8/2021
11:58
quepassa: 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
16/7/2021
07:59
origami74: @chrisdgb - With the last announcement indicating the cash the business will receive for the deal with Titan the market is fully aware of this 6.5p per share value but no one is willing to buy up to this. So it is not a cash of being undervalued as there a financial tangible valuation which underpins the price. There seems to be little bleating and moaning currently going on about the share price so I feel that many have exited on what looks a break even price for most. If you bought at 6p+ just face the fact you had a high entrance point. It is better to look at it this way - WHY is the market discounting the share price, consider these factors discounting it and reflect on whether they are fair or not. 1.. Management history on trying to put through incentives, share options etc. will this cash received add value 2.. The value of the remaining business (is this positive or negative) 3.. Management use of the received cash and the price and value they have achieved with previous acquisitions 4.. History of restructuring and the success of iStock 5.. The Bartlett fraud and provisions against it 6.. The financial books and their opaqueness (TEAM could not make head nor tail of them) Are these points positive or negative and do they play on future investors mind.
21/4/2021
10:08
quepassa: 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
21/4/2021
09:07
quepassa: 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
15/4/2021
22:27
makeamillion3: Well, what happened IMO. The share price went from 7.5p to under 2p and many people questioned why. So now QP wishes to blame the questions and ‘bashing’; as a reason for the fact the share price dropped over 80% under the current BODs before they both bought in at the lowest price. That’s how I see it anyway... I did ask QP to check the date of the initial concerns (bashing) against the share price but as usual the copy and paste rubbish reappears. QP Wants to promote any positive stuff, (some fair play) but can’t accept anything negative, and then calls foul play! Bizarre, Tiresome, boring
15/4/2021
15:05
pepperspray01: Does that include you for promoting a share price increase and subsequently the share price going up? Asking for a friend. Lawyers don't stand a chance if you're using this public forum as evidence. QP did you lose your dummies again? Speaking of Law enforcement, the FCA would like to speak to you on them purchases at 1.5p, especially now with the share price where it is. Cute posts as always, you're no.1 Fan! Tavi til I die Xoxo
08/4/2021
17:43
makeamillion3: 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
08/4/2021
10:26
quepassa: A very robust and positive Trading Update this morning from Tavistock Investments plc against the difficult year of covid. Very encouraging metrics and performance indeed. And a strong outlook which will reassure and cheer all bona fide shareholders. Excellent to see the outstanding performance of Tavistock's Acumen funds under the aegis of the new Chief Investment Officer who has achieved astonishing results in such a short space of time and put all six of these funds into TOP QUARTILE. This outstanding performance will undoubtedly attract a strong growth in new funds. Tavistock are right to highlight the significantly higher valuation multiples of other quoted wealth management firms. This clearly points the way forward for a much overdue and significant re-rating of Tavistock's share price to bring it more in line with average sector multiples. Today's Trading Update marks an important turning point for the fortunes of Tavistock where the new corporate strategy, new product initiatives, cost-cutting and stream-lining measures are starting to produce encouraging early results, strong performance and growth. Congratulations to the management of Tavistock on such a strong and positive Trading Update. ALL IMO. DYOR. QP
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