Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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TANFIELD GROUP PLC ("Tanfield" or the "Company") Pre-Close Trading Update Tanfield Group Plc, the leading manufacturer of aerial work platforms, is providing the following trading update prior to entering the close period ahead of its preliminary results for the financial year ending 31 December 2011, which Tanfield expects to announce in April 2012. As anticipated in the Interim Results, trading for the second half of 2011 was similar to that of the first half. The Company's order book continued to grow as order intake significantly outstripped monthly shipment revenues. Equipment lead times extended as the growth rate was managed to ensure the company optimised the use of its working capital. Net cash at 31 December 2011 was £3.4 million (31 December 2010: £3.6m). Darren Kell, CEO of The Tanfield Group Plc, said: "Global demand for aerial work platforms continues to build, driven by fleet replacement at major rental operators. The Company is examining ways that will allow it to respond to that increased global demand and to reduce its lead times accordingly."
Go on Leo, stop being cryptic. A comment like 'were doomed' is not going to make us all take flight, just annoy. P.S The World ends on Friday.
This is excellent news. It effectively drops the price of a new truck by thousands of pounds with no loss for SEV. I personally hope the IPO is put of as SEV is too good to lose.
half at 45p expect large rise monday lol
Looks like we are in for another jump up this week. Its like watching the early fall of a couple of snow flakes. Off course we have seen it all before back in November, September, May , March etc but they are fun whilst they last.
hovering over the sell, will thou at 45p as i said. here to be traded at that price and thats what i intend to do.. remember its 300% ABOVE ITS 52 WEEK LOW SO ITS VOLATILE
still with us? News soon regarding IPO and results ...
need it and posotive, touches 44 again and i think i will bail
Never asked for your advice I know better than that! Merry Xmas to all! Cheers!
AND MUCH BETTER 2012...................
No need to get personal son - you don't know me from Adam so don't know what you're talking about!
If you can't help in answeing the actual question please don't come back to me mate. Appreciated!
Assumptions assumptions! I'm just asking for someone's opnion - I hold this share and believe it is a good buy but just trying to understand where other people see this potentially going.
Guys, anybody able to provide some minimum maximum price movements for this share once the IPO is announced? Cheers
Been out the loop for sometime so excuse my ignorance. I see Optare got hammered today, is there still any connection between the two? Tan & OPE Cheers in advance.
Does anyone else get the feeling that at around the 28th of each month for the last seven months this SP has been around the 39-41p mark.. strange very strange.
HOw much of this is already priced into Tan's share price if anything?
Smith Electric Vehicles US (SEVUS) filed the S-1 form for an initial public offering of Smith's common stock on The NASDAQ Global Market; subject to the SEC's review. The shares of common stock to be sold in the offering are proposed to be sold by Smith and by certain of its stockholders, including Tanfield. Subject to market conditions, the IPO may include a partial sale by Tanfield of its current shareholding in Smith. Tanfield have retained a 27 per cent stake in SEVUS, which has an estimated value of around £75m.