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What i dont understand is after researching this share, why the sp has always been so low, even if tan when bankrupt the assests they have would be worth over 50p on their own.
Harsh but fair
You are so full of **** i have to spray my screen with air freshener.
This is drop is cause of market maker. we will see big rise on monday. if you got spare cash then buy it as this low price. don't give your shares cheap to market amker
12% down perhaps a leak of another extention
A funny old game ... yesterday on Advfn and elsewhere everyone was optimistic with posts like " ... it's a done ,,, deal ... etc etc . No RNS today and it's all doom and gloom and the SP's down but then I wasn't expecting one and I can't remember one being promised ..... Oh how fickle sentiment is ....
I expected a drop in the SP today, some people will be too nervous to stay in over the weekend. My understanding is that some news is due out later today or at latest on Monday. If it is good news, and I expect it to be, then this drop will soon be forgotten. IMHO
Hmmm I'm with you on that Raja gut feel tells me its a tree shake - I'm hanging in there!
The Yanks have a considerable shareholding in SEVUS.{51%} They would like to be awake when someone tells the world that they[yanks] are about to spend about $100million.
seball - 17 Dec'10 - 09:44 - 78661 Until a deal is signed off then it is not concluded. Terms can be agreed days before any deal is concluded, signatures matter. SEVUS have very little choice but to deal, or watch other EV companies overtake and take all their grade 1 contacts. Golden rule in company business; 'Do not fail to deliver'. {no excuses}
Are there any chartists on this board who can estimate the resistance in the mid 20s? I guess there are a lot of PIs like me who - having suffered the systematic SP drops over the last year - will be pleased to just get their money back, let alone get out at a profit. Hence the sales in the last 24 hours.
becuase MM's need our shares and scare us you know all time whenever deal done market maker drop the price and get your shares and sell you back in lot higher price. any experience trader can confirm it. I think deal done and market makers just want our shares. Please sit tight and don't give your shares cheap to market makers. Any other views
L2 looking good. Lot of buyer in the price of 26p to 30p with few seller as well. Hopefully we will see heavy buying pressure at the end of day
The see was calm before the Tsunami came.
NOTHING CHANGED Never had a job here all week!-- Still scraping around for spares.== SP almost =5P --Old money WOW, --///// Mickey Mouse still using the company blog, ----comes out on a rise in SP , AND PULLS THE DU- -IES On board.
Myo What is your considered opinion of how this merger will play out, the current deadline is Monday I believe therefore we are running up to the wire again. I somehow believe another extension will be granted and SEVUS will pay us another chunk of funding. The sp has had a fair run this week, unlike in the past when close to the announcement we get a sudden surge maybe over a couple of days, then bang indifferent news hits and the fall back begins. I would be very interested in your thoughts here.
And thats not including the lift business.
You are well informed and got up to date info. I really appreciate for correction. I really impressed with your info. When do think it will floated? Please keep up to date us with your views Many Thanks
We will see the buy pressure end of day. becuase no body wants to miss the big ride I reckon BUY BUY it is worth to buy today instead paying extra 20% tomorrow
Tanfield is the world's largest manufacturer of commercial electric vehicles, or vans and trucks, which are sold under the Smith Electric Vehicles brand. The Zero Emission Vehicles division produces a range of vehicles with Gross Vehicle Weights of 3,500-13,000kg. The vehicles, all 100% battery powered, deliver top speeds of up to 70mph and a range on one battery charge of 100 miles. The electric vehicles are designed for intra-urban applications where the electric vehicle can match or outdo its diesel equivalent on cost and performance, in sectors such as home shopping delivery, post and parcel delivery, third party logistics, construction, utilities, airports, highway maintenance and public sector operations. In 2009, Tanfield established an associate company in North America, Smith Electric Vehicles US Corp. Tanfield licenses its commercial electric vehicle technology to this company in exchange for a 1% per-vehicle royalty fee and also retains a 49% equity holding in SEV US Corp.
Alone the value of SEV US Corp. is more than £100million and they got share of 49%. Tan will get near about £49million that is the more than double of current market plus UK business. I think the true valuation of Tan is more than £80 million. That is 3 times more of current price. The true value of TAN is 85p+. 30p+ end of this week and we see 40p+ next week. Please DYOR before buying
Marines buy two Smith trucks 12:39pm Wednesday 15th December 2010 ELECTRIC Van Maker Smith is going into action with the US Marines. Smith Electric Vehicles US Corporation, the Wearside based Tanfield group’s American division, has sold two Smith Newton trucks to the US Marine Corps. It is the first military organisation to order Smith Newtons through the Government Services Administration (GSA) schedule, to which the electric vehicles were added in February. The schedule is a list of products approved for purchase by all Federal agencies, and the US military, which spends a combined $1bn (£630m) every year on GSA-approved vehicles and automotive services. Smith Electric will deliver the trucks to Camp Pendleton, California, the corps’ largest West Coast training facility, and home of the First Marine Expeditionary Force, in February. A report by the Center for a New American Security recommended that the US armed forces set a goal of operating all systems on non-petrol fuels by 2040. An expected merger of Tanfield’s Smith Electric Vehicles division with Smith Electric Vehicles US (Sevus), in which it owns a 49 per cent stake, is expected at any time. Tanfield also announced yesterday that its Smith Electric Vehicles division has appointed Clem as distributor in Spain for its battery-powered vans, minibuses and trucks. Valencia-based Clem has more than 25 years’ expertise in electric vehicles.
some body just bought 90k. that show confidence will see 30p+ by friday yesterday my broker told mean that deal is done
Been reading up on this one, got to be a done deal by now.
Business struggling to sell Snorkel's In Sharm el Shieke........Merry Xmas to All. and all that crap....