Tdg Share Discussion Threads

[itsallaguessanyhow] 02/10/2005 08:01

Thought I`d report back after selling out last week.

My decision was based more around a market perspective than a
stock specific rational, and I`m looking to get out of the market
gradually over the next months, leaving a few remaining growth/blue sky
stocks remaining, that should be more news-led than market-sentiment led.

My reasoning behind this has little to do with TDG as a business model, which
seems to have turned the corner now, and is doing a good job in a tight market.
I see lots of consolidation coming in this area, and TDG are primed to be in
a good position to be a leader if any occurs.

I see a long (steady) downturn in UK stocks over the next 12-18 months,
due to a number of reasons, mainly UK high-street dropping off the chart,
high oil prices which although they have an instant effect on companies
like TDG (although they will rapidly pass on any costs to customers, they
cannot do so immediately) and also a double whammy when these high oil prices
get passed down the chain into everything we own and do, it will again have
a material effect on sentiment. Coupled with the growing realisation that
UK PLC isn`t anywhere near the good shape Mr G.Brown tries to hypnotise us
into thinking, and the slow realisation that either a cut in public spending or a raising of taxes (or, more probably, a little bit of both) will be
required to balance the books over the next 2 or 3 years, and I come to the
conclusion that a bird in the hand is worth two in the bush. Hence my
decision to start retreating back into cash, from companies such as TDG
and other `steady growers`.

Many people say `don`t sweat the macro stuff, and just keep on in there`,
but when the writing on the wall seems to be painted as big and bold as it is
today, then I`ll stick to the margin of safety, and sit and watch for a while.


Regards, and best wishes.

Itsallaguess

[itsallaguessanyhow] 17/8/2005 19:51

Flippin` heck, a poster!

hehe

hi broster, yeah I`m in these really for the divi and the long term
growth prospects. I see some consolidation in the sector, and am impressed
with the way TDG have centrallised, and cut back on loss making (ie French)
divisions.

Long term buy and hold for me.

Itsallaguess

[broster] 16/8/2005 11:42

nice to see improved figures after so many poor years - however it concerns me that they are cutting contract bid prices to obtain contracts(chemical sector) in these fuel price crisis times!!

[skyracer] 15/11/2004 08:27

I dont hold these shares but I am amazed that the market has allowed existing shareholders to exit at such a good price 225-230p. These pension provisions of £10m pa are catastrophic. In addition the last paragraph contains a profit warning for this year. IMO the shares should be down over 100p.

[brad44] 02/10/2004 14:42

Nobody here interested in the possible merger with svc?

[itsallaguessanyhow] 25/8/2004 13:23

Just thought I`d post here, seems a little quite, and I`ve been in these
for a few weeks now.

The last set of results were great as far as I`m concerned, and with a nice
juicy dividend, I`m happy to be LTBH.

The statement about the `company being net-debt free at the next set of
results will mean a re-think about the financial structuring of the company`
is what got my mouth watering. I can`t say for sure but I take this to mean
either a launch of a share buy-back scheme with any spare cash-flow going
around, or (hopefully) a special dividend on top of a good boost to the
current yield.

All speculation on my part, and to put the other side of the story, I suppose
there could be dodgy acquisitions in the offing, but I see the upside worth
the downside on this one.

A good, well run company, whose trucks I see more and more of on the roads,
and as Ben Grahame says, buy what you see everyday.

Regards,

Itsallaguess

[compscidude] 15/6/2004 14:18

ah, it's the tbg bid situation causing it.

[compscidude] 15/6/2004 10:51

what the hell is going on with tdg today?

[m.t.glass] 26/2/2003 10:43

"...TDG PLC, the logistics group, reported a 4 pct reduction in
full-year headline profit and cautioned that it does not expect a significant
improvement in trading conditions in 2003.."

"..Economic uncertainty persists, and many of our customers are maintaining a
cautious outlook, with a consequential delay in decision-making on investment
and outsourcing..."

[m.t.glass] 13/2/2003 09:23

Price surged 25% from mid-Dec but reversed short of 175p. A nice level to pocket those gains for anyone who bought on the Dec trading statement? Price now dropping ahead of results 2 weeks from now. After 151.5p, next support 137p.

[ydderf] 05/10/2002 15:59

gone right off this dog - from the interim report - opening net debt 52.3m closing net debt 60.4m dividends 5.8m..........how eloquent

[pommy] 02/8/2002 07:08

TDG PLC
02 August 2002

2 August 2002

TDG plc

FURTHER DIVESTMENT OF NON CORE ACTIVITIES

Disposal of Data Services

TDG plc today announces that it has sold its Data Services business to Iron
Mountain UK Limited ('IM') for a total cash consideration of £6.5 million on a
debt-free basis, of which £5.85 million is payable on completion, with the
balance payable no later than thirteen months after completion. The sale
proceeds will serve to reduce Group debt.

Data Services provides document and magnetic media storage and management
services from eight locations across the UK. TDG will provide use of these
facilities to IM for up to 17 months, during which period IM will transfer the
activity to its existing locations.

TDG plc announced on 18 July 2002 the agreement to dispose of the main site in
London to a Luxembourg subsidiary of the Prologis Trust group ('Prologis') for a
cash consideration of £7.2 million, of which £3.4 million will be received at
the end of 2002, with the balance to be received when TDG gives Prologis vacant
possession of the site, which can be no later than June 2004. In addition, TDG
is entitled to an additional payment if residential planning permission is
obtained by Prologis for part or all of their total site including additional
adjoining land, within ten years of completion of TDG's disposal.

In 2001, Data Services had turnover of £5.8 million and operating profit of £0.5
million, and in the first half of 2002 reported turnover of £3.1 million and
operating profit of £0.4 million. As at 30 June 2002, the Data Services
business, including capitalised goodwill of £3.9 million, but excluding the main
site in London, represented £5.9 million of the Group's net assets.

In combination, the Data Services business and the main site in London represent
£10.3 million of the Group's net assets, with proceeds from the transactions
totalling £13.7 million. The exceptional profit will be accounted for in the
second half.

David Garman, Chief Executive of TDG, commented:

'The base proceeds of £13.7m represent an excellent price for the Data Services
business and main property asset, and we believe our customers will be well
served by Iron Mountain. The disposal represents a further step in focusing
the Group on its core Contract Logistics operations.'


Enquiries:

TDG Financial Dynamics

David Garman, Chief Executive Ben Foster/Andrew Dowler
Paul Mainwaring, Finance Director Tel: [phone]
Tel: [phone]

[warranty] 01/8/2002 08:45

You're kidding yourself if you hold this. Sell it's a dog and getting eaten up by the competition.

Selling the family jewels to make the figures look half way decent.

You have been warned if you hold.

[ydderf] 06/12/2001 18:12

the hunt is on for yield and this has that - as well as cheap fundamentals, don't aee how it can stay at this level (6%+ yield)while the truffle hunt is in full cry!

[ydderf] 04/12/2001 21:08

still moving north...........and apparently without help from muppets, average deal is more than hundred's of squids

[ydderf] 29/11/2001 04:33

i do love this share - single figure p/e, fat (growing) yield, good balance sheet - its what investment is supposed to be about....

[ydderf] 27/11/2001 15:05

just bought 'em (188) reckon there's a reasonable chance of making 25% in a year on this boring but cheap (big seller drip feeding the market by the look of it)13p from the divi and move to 230 should be possible - everything else is in for nowt (including adverse and positive surprises )

[simonww13] 01/8/2001 11:42

Hence its name Terribly Dull Group.

[boram] 31/7/2001 20:50

TDG is a company that has done nothing recently, this is
a company that looks stable.
This is a company that could have bad or good interims.

[buybuybuybye] 04/3/2001 23:44

Is TDG going to be hit by foot & mouth i.e. do they do a lot of meat haulage ??

I was all set to buy on their results, but worries about the impact of foot & mouth made me hold back.

The share price doesn't seem worried by it at the minute ?!

[derek wild] 13/3/2000 10:39

ADVFN NewsWire (10:32) - Transport Development Group today acquired 100pc of the share capital of WH Holmes (Transport), trading as Safegard Storage, for £6,833,154. The figure consists of £3m in cash, plus £3,833,154 in guaranteed loan notes payable in equal instalments over three years.

The company operates a warehousing and distribution business from four sites in
Cumbria.


dw

[icerr] 03/12/1999 00:55

Well,they have made the re-structuring announcement public mid morning-so the first bit seems spot on!.Only 2p movement so i'm not tempted yet,but watching with interest. LONDON (AFX) - Transport Development Group PLC announced a 1.5 mln stg restructuring which will see the company halve the number of its operating division to five. The group, which said the move would cut overhead staff costs by 2 mln stg per year, will also seek acquisitions, joint ventures and alliances in Europe as part of a drive to become the market leader in solutions-based contract logistics. The overhaul follows a strategic review carried out by the recently-appointed chief executive David Garman, who joined the company in April. The company, which is also to change its name to TDG PLC, is to operate under five new operating divisions: UK & Ireland contract logistics, chemicals, UK storage and distribution, Benelux and France. The re-organisation will lead to the creation of three new key executive positions: group business development director, director of marketing and IT and managing director of storage and distribution. "I believe this restructuring will further enhance the group, add sharper customer focus to an already established and highly competent operational capability," Garman said. "Since coming to TDG, I have no reason to doubt that it is a basically sound business, but one which requires more boldly to exploit its exciting potential." On current trading the group said it is performing satisfactorily and that its full-year results remain in line with its own forecasts. vip

[icerr] 01/12/1999 19:06

.....stockwatch. Price has been hammered for the past 6 Months which is reflected in a rather poor looking chart.I don't know anything about the fundamentals except that 4 Directors have resigned(or had been asked to resign).Tomorrow the company are to make an announcement to their workforce regarding some major re-structuring plans.There is a rumour being leaked that there are 2 companies who have expressed an interest in TGD-Hays & Norbert.Personally i'd take all of this with a pinch of salt as any T/O rumour would probably already be shown in the price,but since this was only leaked today it would be worth adding to a watch list and keeping an eye on the price movement over the next few weeks. Just to put you in the picture on where this all came from-TDG are a big client of a well known national Employment Agency which I used to work for. rgds Tony