TAVI6 Nov 2013 18:29
hey guys I just popped on here and saw its very quite.
here is an email I received from oliver last week
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Dear Frederick
thank you for supporting the Company.
There is a partially functional website available now at www.tavistockinvestments.com The site, which describes itself as ‘under construction’ with a fairly meaningless launch date of 1 January 2014, contains the basic AIM Rule 26 information, including a copy of the circular that was sent to the SocialGo shareholders in order to secure their consent for the tidy up of that business and the change of business focus. Clearly what is missing from the site as it currently stands, which we would hope to resolve in the next week or two, is all the ancillary information regarding our mission statement, strategy, the directors and corporate governance matters.
We would hope to have a fully functional site in the next few weeks.
With regard to timescales – you are I am sure aware that I cannot provide you with information that is not in the public domain. However, I can tell you that we are actively pursuing our investment strategy and are aiming to complete a meaningful acquisition just as soon as we are able.
Our aspiration is to acquire businesses in the asset management sector and in the complimentary retail distribution sector (IFA advisory businesses). The successful combination of such businesses enable more profit to be retained within the entity itself – and attract a higher market rating than the component businesses operating in their own sectors. By focusing on established, profitable businesses we would aim to move the Group into profitability as soon as possible and wish to enhance the profile of the Group by establishing at the outset a dividend policy of paying out up to 20% of distributable reserves as a dividend in each year.
I hope that we will have an opportunity to meet in person at some stage in the future.
Kind regards
Oliver
Oliver Cooke | Executive Chairman | Tavistock Investments Plc