TX2
16 Mar 2016
Re: Update Tandem have a couple of well known bike brands Dawes & Claud Butler but are in my opinion are squeezed as mainly suppliers to smaller independent retailers between the big retailers Evans,Halfords & online suppliers like Chain Reaction & Wiggle who are increasingly sourcing & branding their own product & are also up against the big International brands Specialized,GT,Scott etc.These latter brands have perhaps more appeal in a highly fashion/publicity oriented market.We also have a number of direct selling up market but value orientated suppliers like Canyon who are taking market share.The company is doing the right thing in increasing its product range & moving online to direct selling but as always it has to be careful about competing with its dealer customers who could move elsewhere.The electric bike business in UK is tiny compared to the rest of Europe and must have potential for direct sales.The pension deficit is a worry & could put off takeover as a buy out of the scheme(ie sale to an insurance company) would cost at least twice the indicated short fall,based on pension buyouts I have seen elsewhere.I have been a shareholder here for some years.
robbie_rooms
16 Mar 2016
Update The update says bicycles and mobility will be 'challenging' and leisure will be a year for investment with margin pressures. Quite downbeat. I thought Telletubbies were extinct!
KEEPING CALM MIKE
14 Mar 2016
Thinley traded stock Very thinly traded, no ones seems to be jumping ship, severely marked down does not follow supply and demand.Worth a punt too, I reckon, buy and long term hold .Struggled to Buy on Friday and Today K.C.M.
CASTLEFORD TIGER
10 Mar 2016
buying what i can Again I think the market is wrong.Bought yesterdayBought todaywill keep buying every day.Tiger
CASTLEFORD TIGER
09 Mar 2016
update Firstly can I say I still think the market has this wrong.What they are saying I bicycles and mobility will be up .Last year this was 874 k so lets take a modest increase to 900k.Sports and leisure will be a touch down. it was 1452000 so lets take 1250000I am still getting over 2 million and EPS ahead of last year.If EPS comes in at the same 34p the shares are on 4 x on my re calculated 40p they are on about 3.5 times.As usual a note of caution going forward but that's bull ( be interesting to see if options are granted).........as they have a full year from the new business.The only headwind is USD v CABLE ..........but that can be covered by vastly reduced shipping costs and devaluation of the local currency.I can see some money is being spent on developing the on line direct marketing part of the business which is wise and will reap rewards going forward.I reduce my full year forecast from 60p eps to 50p eps ( this current trading year)I shall therefore be buying on any further weakness.That is once the market settles down as it was 105/145p 30 mins ago which is unacceptable.Any views tiger?
CASTLEFORD TIGER
22 Feb 2016
Re: Update this week well Tuesday or Thursday are the favoured days.17th last year and 4 th year before.fingers crossed.tiger
CASTLEFORD TIGER
15 Feb 2016
Update this week It was the 17th last year.They should have the accounts for last year pretty much sorted.I am guessing there may well be a cautious slant as is normal.I remain of the opinion the shares are far too cheaptiger
CASTLEFORD TIGER
25 Jan 2016
the 1600 was a private purchase by me from another holder. hence the strange price.tiger
skidog
22 Jan 2016
False price Could they perhaps be treasury movements for the exec PSP?? There seems to be a lot of that where I am working (I sit by the legal dept.) during the closed period. Guessing really... Time will out
CASTLEFORD TIGER
21 Jan 2016
Re: false price you did well KCM...........my guys could not find any!Tiger
KEEPING CALM MIKE
20 Jan 2016
Re: false price I managed to get 5K @£1.78 , whos are the 10,000 bought earlier yours Mr Tiger ??
CASTLEFORD TIGER
20 Jan 2016
false price today at 175p I was getting giddy.........but only 500 shares available.Its all false in my opinion.Tiger
CASTLEFORD TIGER
05 Jan 2016
Re: News... any news.... yes mid February I guess.They took a 420k cost off pre tax that may unwind in second half.It will come back in at some point.taking the 700k announced and a flat 1.2 same as second half last year we get to 2 million.Massive undervaluation here as EPS 60p plus should be on the cards in the current year just started.Shares at 8 x earnings need to be 2 and half times what is currently is.With a bit of growth forecast we could be as high as 600p.Tiger
TX2
05 Jan 2016
Re: News... any news.... Tandem normally makes a trading update in the first couple of weeks of February.
skidog
05 Jan 2016
News... any news.... It would be nice to have some sort of trading update or am I really missing the point.....A bit of activity at last......
