Can anyone explain to me why if the value of the holding in snorkel is worth 26p per share and the value of Tanfield shares are 15.68 the share price has gone down. All the indications are for growth and the shares in Smiths must be worth something.
Chart looks sensational on this now....my analysis suggests 50p, short-term.
Snorkel worth 42p on pre agreed EBITDA take out from largest shareholder, Ahern Rentals, the largest privately owned rental co. in the US.
Smiths holding still at 5%, plus same again in warrants...this could easily be worth a further 40-50p/share to Tanfield holders....
Total TAN value = 92p....= 370% upside
Asset backed and no need for a cash call as PLC costs are negligible
"TANFIELDÂ (LSE:TAN) proved that having green potentials does not guarantee growth. The share price is in a curious position currently and hints that near term growth exceeding 18.75 should lift the price to an astounding 19.75p, sparking ..."
* Bookmark the links if you wish to 'pass the LINK/s on'.... or read later?
* The Campaign is specialized among the investing fraternity only. The population as a whole would hardly vote for a ban on shorting...most people have never heard of it, have they?
Whereas, the other Govt epetitions command votes from the *general population..and if you check, NONE are doing better than a handful of votes !
Deramping SHORTERS !
Shorting a rising stock....is much worse when it is done by your resident posters that seemingly are your buddies and convince 'long' holders to give up!
What many pi's fail to grasp is the extent that shorting is taking place. Often we tend to think that the 'shorter' is gone, 'he' is out of the way? You'd be wrong in most cases, for ( he ), the shorter, is often joined by others that keep the stock down !
Some stocks fall after GOOD NEWS!
The main reason for many pi's selling, is they are afraid they'll be left in losses AND because they FEAR shorters !
Consolidating shares often sees the sp fall as the *multi-bagger potential is greatly reduced. Shorters know this and will take full advantage to get 'longs' to give up and sell !
BUT, where does that leave the genuine investor that has put stocks into their pension funds?...holding losses again!
* Once pi's know the stock is being shorted...they'll SELL UP IN THEIR DROVES !
We can't both WIN !
The 'shorts' therefore 'win' their bets, whereas the 'longs' lose the best part of their investment, possibly for some time to come......and just when you thought this couldn't go any lower, THEY'LL SHORT THE STOCK AGAIN !
* Thanks for all your support. We are now heading towards 5,000 votes!
* Investors are saying something? They are voting in their hundreds !
# The big problem with shorting is that THEY (the shorters) WOULD most likely lose most of their money IF they just 'bet' on the price going down without trying to 'help' it down?
'Catch 22' .... No one would know of an RNS to be released that will contain BAD NEWS, if they did and then 'shorted' the stock, then they are guilty of 'insider trading'.
The only sure way to short a stock and WIN is to spread dis-information to defame the company with help from other posters that are in concert with them. To ENSURE that they don't lose the biggest part of their 'short', ironically, then, they must deramp with (seemingly) believable posts.
* When the pro's do it, they simply get the media or well known 'crooked' tipsters, analysts or brokers to do it for them. (say no more).
# The campaign against shorting is for the benefit of the 'cheated' investors that cannot control their investments due to the dirty tricks played out by co-ordinated shorting !
The results will be reviewed by Govt legislators for further action! The FCA will be asked by Davide Serra to conduct an investigation into short selling practices, with the view to either ban short selling, or to be better regulated !
what you have to remember is stocks get overbought and oversold......this is a classic case of an oversold situation. Yes i know the history of this stock, but even stripping out the vale of Smiths (which is the far riskier of the 2 invesments Tanfield has) you have Snorkel valued at 26p / Tanfield share. I suspect this is a v conservative value and as Snorkel gets more traction as a combined business with Xtreme....the value of this will rise significantly higher than the stated 26p / share that is currently being quoted....
At current levels, I suspect you are buying £1 for 50p.....it is all there in front of us.....yet some would rather follow the herd and buy a share on a racy valuation than do the work and seek out value....
Tanfield Group (TAN) has presented its first results since becoming a passive investment company after selling off its operating interest in powered access business Snorkel during the past year. Its remaining investment in Snorkel is worth 26p a share and its interest in US-focused electric vehicle business Smiths is expected to be worth 5.3p a share following completion of its proposed merger.
I was in TAN some years back when it spiked to 162p....i was in at 21p but sold at 74p. Feeling chuffed i watched it double again. I believe there is strong value still to be had....the Glory Days can still be achieved again, maybe at around 25% of TAN's high = 42p.
BUY and HOLD for a smart recovery, imo
However, We should bear in mind that most stocks are heavily traded on spikes, especially after a big retrace over many months. Investors are selling out at any chance they get, for fear of losing after waiting so long. Ultimately, the sp drags on and on, or actually goes in reverse.......TAN may take longer to achieve full potential(sp) as it is heavily traded off on the spikes...there is some evidence of shorters(traders) forming groups to deramp the sp down....they may be some of your 'regulars'........However, i still believe this is a BUY at current levels
...What's going on ?
Many stocks have good fundamentals and bags of potential, yet they are going down, even on good news ........but i think something more sinister is going on, along with hundreds of other stocks?
.Update: Campaign to make short selling illegal:
# Thanks to all those that have supported this campaign #
IT is estimated that over 90% of AIM stocks are INFECTED by short-sellers !
Many highly popular stocks are going down even on GOOD NEWS !
# IF you were a short-seller, BLUFFING, (basically manipulating a shares' price) about a company's overvalued share price, you might not want to *draw attention to yourself since you could get accused of stock manipulation. So you would hope (OR PLAN FOR) others to get involved and to present SEEMINGLY GOOD REASONS to short the stock.
You would want to put AS MUCH FEAR INTO 'LONGS' as possible and would use high volume short trading as well as buying to drive the share price down as low as you can and as long as you can. You really want the longs to fold and to get out of the game. If you are consistently seeing sellers overwhelming buyers driving a share price down as a stock seems to be going up, I can assure you it's probably shorts' selling, since longs are totally motivated to sell their shares at the highest possible selling price. #
has anyone done the work on this looking at the value of the Snorkel biz? It appears to me that there is huge value here, with Ahern putting all the working capital in to return this business to profitability.....if Ahern were to buy this out....including the $50m pref.....this is worth 43p/share to Tanfield holders.
any value in Smiths would just be a bonus....
If anyone is going to the AGM next month can they ask why a certain board member who received 230k plus 80k bonus ( according to the tanfield financial statement and report for 2012) still has an outstanding loan for 31k from tanfield dating back to 2010 report.
Since the company seems to be losing money at an alarming rate I am sure this amount could have been repaid by now,either in the form of a smaller bonus or salary sacrifice.
Still here's hoping for 2013!
Tanfield Group terminates three directors
By StockMarketWire | Tue, 5th November 2013 - 08:47
Tanfield said as an investing company it will have minimal running costs and the employment of executive directors in accordance with a condition of the sale of the Powered Access business. They have also resigned as directors.
Meantime, as stated on Sept. 10, two directors provided a debt facility of £500,000 to bolster Tanfield's cash position through the sale process - this debt being repayable upon completion of a disposal - and therefore now being due.
Both directors have agreed to defer the principal and interest now due at a revised interest rate of 12% a year - with repayment 12 months from now, or earlier if free cash is available.
The security and Debenture that these Directors hold over the assets of the Company will survive until this debt is fully repaid.
Very interesting. I don't know if I am missing something but if Xstreme Manufacturing are investing $50 million dollars for 51% of the new company then Tanfields share should be $48 million or approximately £30 million. As the market capitalisation of Tanfield is currently £27.9 million then its stake in Smiths is less than worthless.
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