What's all that about 11 shares traded for £2.00 ????
Sales up 20%... Trading update for Snorkel not too bad, esp 20% increase in sales and no reason for growth not to continue.. Maybe we won't all lose our shirts after all. Snorkel NBV still 23p ps...
news Good news should be coming s
smith electric anybody got a link to any of their accounts, smiths that is
Staff Costs can anyone explain to me why staff costs of £618,000 are required for a holding company whos total valuation is £15,371.269. What staff are required and what do they do.
Re: FDG announcement? Found it... On 28 Feb. Looks like Smith defaulted on a loan from FDG who have therefore foreclosed on the relating collateral of 10m JV shares. That's good news then....[link]
FDG announcement? Anyone managed to find it yet? Nothing on 1 or 2 March via their link...!
Value of Snorkel 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.
info [link] investment of £4.8mln in Smith Electric, is in the books at around 3.3p per share and if the US firm were to go bust, its net asset value (NAV) would drop to 24.2p from 27.5p.
year end accounts Surely this company is close to breaching the CA2006 by not submitting accounts within 6 months, maybe end of June is the latest.
Re: going to 50p A few years back this was THE share on this forum.Where's all the tannies gone too?
going to 50p 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% upsideAsset backed and no need for a cash call as PLC costs are negligible
12 month highs this stock is seeing some great momentum at the moment....we are back at 12 month highs, which given the placing at 16.5p at the back end of last yr, is a great sign....onwards & upwards...
Director buying nice to see one of the Tanfield directors buying £30,000 worth of shares as part of the placing....