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Track real-time Director Deals activity on the London Stock Exchange (LSE)
| 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 | 0.00% | 4.85 | 147,410 | 07:49:33 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 4.60 | 5.10 | 4.85 | 4.85 | 4.85 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 39.49M | -1.27M | -0.0028 | -17.32 | 21.81M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 14:19:51 | O | 9 | 5.10 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 08/4/2025 | 16:15 | UK RNS | Tavistock Investments PLC Director/PDMR Shareholding |
| 12/3/2025 | 07:00 | UK RNS | Tavistock Investments PLC Transaction in Own Shares |
| 28/2/2025 | 17:00 | UK RNS | Tavistock Investments PLC Total Voting Rights |
| 20/2/2025 | 07:00 | UK RNS | Tavistock Investments PLC Completion of acquisition of Alpha Beta Partners |
| 14/2/2025 | 12:08 | UK RNS | Tavistock Investments PLC Director/PDMR Shareholding |
| 11/2/2025 | 07:00 | UK RNS | Tavistock Investments PLC Transaction in Own Shares,Director Dealing and.. |
| 06/2/2025 | 14:16 | UK RNS | Tavistock Investments PLC Director/PDMR Shareholding |
| 30/1/2025 | 11:00 | UK RNS | Tavistock Investments PLC Holding(s) in Company |
| 30/1/2025 | 09:53 | UK RNS | Tavistock Investments PLC Holding(s) in Company |
| 06/1/2025 | 11:54 | UK RNS | Tavistock Investments PLC Holding(s) in Company |
Tavistock Investments (TAVI) Share Charts1 Year Tavistock Investments Chart |
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1 Month Tavistock Investments Chart |
Intraday Tavistock Investments Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 17/6/2025 | 06:55 | Welcome to the Tavistock Investments Plc | 4,032 |
| 13/3/2024 | 07:56 | Shares are significantly undervalued | 59 |
| 29/7/2018 | 04:35 | Tavistock (TAVI) One to Watch on Monday | - |
| 05/8/2015 | 07:04 | Tavistock get in before the open don't miss it like yesterday | - |
| 04/8/2015 | 13:38 | Tavistock still going up get in now | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 22/6/2025 09:20 by Tavistock Investments Daily Update Tavistock Investments Plc is listed in the Finance Services sector of the London Stock Exchange with ticker TAVI. The last closing price for Tavistock Investments was 4.85p.Tavistock Investments currently has 449,696,892 shares in issue. The market capitalisation of Tavistock Investments is £21,810,299. Tavistock Investments has a price to earnings ratio (PE ratio) of -17.32. This morning TAVI shares opened at 4.85p |
Posted at 13/6/2025 06:24 by russman LEBC is not independent; it is a BPM subsidiary.BPM could:- take an interco loan charge head office overhead and then in a couple of years (after the dust has settled) pay minority shareholders a divi. Large impairment for TAVI on this investment. |
Posted at 11/6/2025 05:56 by russman TAVI has a minority stake in LEBC; it is up to BPM whether LEBC pays out any cash to its shareholders.So valuation at Jan 25 was 16m; so TAVI stake worth circa 3.5mn. |
Posted at 11/5/2025 14:58 by simonsmith1 Great write up leedsu36. I've seen similar write ups in Investors Chronical, which made me buy Tavistock shares. Since then, the share price has only gone down.I'm a novice investor so would really like to learn more about my investment. Please can you explain why a company so rich in cash that has a tonne of potential as mentioned by experts, has never achieved anywhere near the 15p mark? Surely, people should be paying a premium above NAV for a company like this? What is it that the market doesn't like? |
Posted at 09/5/2025 19:26 by leedsu36 Included in non-current assets, the group holds a 21 per cent stake in IFA group LEBC. Last April, LEBC sold its wholly owned subsidiary Aspira Corporate Solutions to Titan Wealth for an initial cash consideration of £20mn and deferred consideration of up to £25mn. The deferred element is payable in several instalments, each of which is linked to certain agreed performance targets over the next three years. Although the investment in LEBC didn’t work out for Tavistock, management should be able to recycle its share of the cash proceeds (£4.2mn to £9.5mn) into further earnings-accretive acquisitions in due course.The cash pile could get a further boost of around £4mn, albeit things are complicated. That’s because having sold its multi-asset manager to Titan for £40mn in August 2021, Tavistock subsequently terminated the strategic partnership agreement between the two parties. Tavistock’s directors believe that “Titan disregarded its contractual obligations and failure to honour the undertakings that it gave regarding the management of the Acumen funds led to a collapse in the performance of those funds. At one stage, while under Titan’s management, they became the worst performing suite of funds in the UK over a 16-month period”. Tavistock has issued legal proceedings against Titan, although the board prudently made a provision of £2.1mn in its 2024 accounts for the difference between the amount being claimed from Titan and the outstanding deferred consideration it claims is owed by Titan. The latter has filed a claim against Tavistock for wrongful termination of the service agreement, so this matter will be settled in court. It’s an unwanted distraction that has made investors overly cautious, hence why Tavistock’s market capitalisation fails to recognise the intrinsic value embedded in the ongoing businesses even though they are profitable. In fact, Tavistock’s net cash could double to £20mn later this year when the first instalment of the contingent deferred consideration (£10.3mn) from Saltus is settled. That cash sum not only exceeds Tavistock’s market capitalisation of £17mn, but it means you are getting a free ride on other net assets worth more than £50mn. Importantly, chairman Oliver Cooke and chief executive Brian Raven hold 21.5 per cent of the 441mn shares in issue, so the insiders are well incentivised to narrow the 75 per cent share price discount to my pro-forma NAV estimate. Raven has also been adding to his holding, although Cooke sold some shares this month. For good measure, the shares offer a dividend yield of 2.3 per cent, too. |
Posted at 09/5/2025 19:24 by leedsu36 Cashed up for bolt-on acquisitions:Importantly, the disposal provides Tavistock with the funds to build a larger asset management services business, offering investment solutions to clients of third-party advice firms, and to the public directly on a non-advised basis. The directors have wasted no time in executing their new strategy, acquiring ABP, a London and Bath-based asset management business with nearly £3bn in assets under management. Founded in 2017, ABP’s strategic focus is on retail investors, providing a range of outsourced investment propositions to directly regulated advice businesses and appointed representative networks. The company’s offering includes a dynamic asset allocation process and a modular proposition that provides retail and wholesale investors with institutional techniques rarely found in this market segment. The success of its outcome-oriented investment solutions has been recognised with Defaqto 5 Star and 5 Diamond Ratings for the past five years. In the first nine months of 2024, ABP reported operating profit of more than £0.5mn on revenue of £4mn, so on a pro-forma basis the group is profitable. The initial cash consideration of £6mn equates to five times ABP’s net assets and there is a contingent deferred consideration of £12mn, subject to ABP hitting performance targets. Deep discount to sum-of-the-parts valuations Factoring in the £5.9mn spent buying back 119mn shares in December 2024 and February 2025 as part of a 180mn share buyback programme, I estimate pro-forma net cash of £10.1mn (2.3p) backs up 60 per cent of the group’s market capitalisation of £17mn (3.85p). I also estimate Tavistock has a pro-forma net asset value (NAV) of £67.6mn (15.3p), or four times its market capitalisation. |
Posted at 09/5/2025 19:23 by leedsu36 Aim-traded financial services group Tavistock Investments (TAVI:3.7p) transformed its finances last autumn by selling its financial advisory and estate planning businesses to private-equity-backeSaltus paid an initial cash consideration of £22mn and there is a contingent deferred consideration element of up to £15.8mn (3.5p). It is based on the additional revenue generated by the acquired businesses over the next two years under Saltus’ ownership. Up to £10.3mn (2.3p) of the contingent element falls due 12 months post completion (so before the end of 2025) and the balance a year later. The total consideration of £37.8mn (8.4p) equates to more than double Tavistock’s current market capitalisation of £17mn (3.85p). Moreover, the two businesses had gross assets of £3.8mn, so Tavistock has realised a profit of at least £34mn as well as achieving an exit multiple of 25 times the last reported pre-tax profit of the two entities. Tavistock is retaining ownership of its employed adviser business, Tavistock Private Client, its protection business, Tavistock Protect, as well as Tavistock Partners (UK) and Tavistock Asset Management. In addition, the group appointed Saltus to act as sub-manager of Tavistock Asset Management's model portfolio service following the termination of the relationship with Titan Investment Management (see below). In the six months to 30 September 2024, the retained businesses generated revenue of £19.6mn, cash profit of £0.7mn and a small reported loss of £0.2mn. |
Posted at 15/2/2025 22:22 by clive7878 simonsmith1 - true we have and of very late - to quote a few -TAVI ST has mentioned before - also along with TMG, TEC and HUW, none of which has taken off yet, but one could argue - give it time. now its CARR, ANIC, and TAVI. all do have its merits and possibilities, but there is some hot air, as some of the share prices over the last 18 months have been a bit bumpy, but going forward could now break out. |
Posted at 06/2/2025 15:58 by enough2021 The share price is reflecting the market's opinion of the leadership team. The conclusion of legal situation with Titan could be the catalyst for long overdue change. The entire board needs to step down for the share price to recover. |
Posted at 20/10/2024 20:57 by simonsmith1 Why isn't the share price a lot higher?The company sold a subsidiary 2 or 3 years ago for almost £40m and now another subsidiary for £38m. That's at least £70m and they've done share buybacks, etc. I can't figure out why the share price is anchored down to the low pennies when it should be higher with the vast amount of money it has received from the sale and another sale to come. At the very least, should the share price not be similar to its peers? What is holding its share price down? Will the outcome of AGM help improve the share price by much? |
Posted at 12/10/2024 09:10 by makeamillion3 I think we all see what’s on the table here.This is what I’ve seen and understood and what I think following the general reaction. Firstly, I enjoyed seeing the new usernames commenting on here talking about 5, 6 and 7p. It can’t stay above 4p still! The 7p! You mean less than where it all started years ago. The profitable arm of the business is sold (again) this time to Saltus. Saltus leave the rest behind for a reason(unprofitable stuff, management, whatever, Titan claims, DYOR). Obviously it’s not in salus’s interest to take the rest. There is obviously a reason. So Tavistock is left with a payment again, woohoo, finally shareholder will benefit…. Surely…. No, don’t be silly, No such dividend will go to shareholders and the company are eventually wanting to buy shares back. Obviously this is once they have bankrolled their salaries and pension contributions and expenses for little longer first. I understood from the RNS that they want to use that money to sweep up and buyback the shares. So would Tavi effectively become a private or family business? And I guess they will not be generous on the purchase of said shares. So where is the benefit of the share price jumping for the famous 2?? Keeping the share price low helps them buy them back. These are just my opinions from my experience and lack of trust in the leadership here. I hope I’m wrong. The fact the share price can’t maintain 4p on the back of that news. You always expect a spike initially, and after digesting all the information the rise is nothing as such, it’s just back to summer share price when all the rumour and press release were made. Speaks volumes on the markets position. DYOR |
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