Member Info for investor1977

Copied and pasted here … I can’t find any reference to this anywhere however……

Tavistock continues to expand through acquisition.

Another recent strategic acquisition this year of highly regarded Independent Financial Solutions (IFS).

Further adding weight and reach as Tavistock continues to grow, utilising the strength of its balance-sheet and strong cash reserves to implement its clearly stated growth strategy.

all imo. dyor.

qp

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I see on a couple of notice boards that Tavi have purchased Independant financial solutions (IFS)

I can’t see any RNS or announcement. Any ideas?

So I jumped on the under zoetic, tried the gummies, thought it was a winning brand. Got in at 6p, sold at 60p. Unreal. Watched this drop over the last few months like a lead balloon. Hoping for something positive to lift this again. No idea where the bottom is but surely worth a punt again.

Seem to be later than usual getting the annual results figures out. Hopefully that’s positive and the profits are so high they are still counting……..

I’m assuming the trading update will be posted anytime. Looking forward to a positive update and hopefully push this up to 7p+

I’m not convince and don’t share your optimism. I hope it does, but it got to 6.5p a month ago and hit a wall and slowly retreated back to 5.5p.
16p would be lovely, but I’m not sure how it gets there?

Yet they still trade at this level. You have to question why?
Surely if they are ‘worth’ that money people would be hoovering them up. One article has done more for this share price in a month than the BOD’s have done since inception. We just need a few more influential people to mention Tavi. It might be make it back to 7.5p before all the dilutions. Obviously that’s all it takes. May as well ditch those two with the huge salaries/dividends/pension contributions and expenses.

Great to see so many trades coming through, but what are the grey ones? Some are huge? Yet down as unknown…. ??

Good morning.
Well the news from the week hasn’t gone down well with the amount of sells again.
BODs talk about 6.7p/8.4p yet people are jumping ship at 4/4.4p?
I think long term holders have seen it all before. They feel there is no point voting on anything as Raven and Cooke has so much power to continue doing whatever they wish. Reward themselves massive salaries, bonuses or shares for nothing, and all at the expense of the shareholders, as usual.

Yep completely agree. No dividend for years, then this.
But then, what do you expect? We need to reward Raven and Cooke with gigantic salaries, dividends and expenses.
All in it together! Aligned with shareholders!
Pure greed constantly. Speak with your votes.

I think instead of venting your frustrations here, some action is needed.

The whole dealings from the creation of this group to now has been built at little cost and risk to Cooke and Raven but all the reward. Every deal has cost the shareholders and after each dilution they pic up cheap shares (at least they paid for some of them)

They surround themselves with other shareholders including family, long standing business acquaintances, and Tavistock management, and they are free to make whatever decision they wish unchallenged and claim the 'loyal support and backing'. This makes any challenge difficult and every vote so important as they hold such power.

Id support any notion of no confidence. They only time I have witnessed the BOD's react to anything is when issuing more shares or trying to push 'incentives for all' through, AKA giving Cooke and Raven 25% of any potential sale..

In reflection here is my view on that.
Out of the blue, the glorious 2 offer a growth incentive, based on a value of 4p. then without any alleged challenge they sweeten the deal to try and ensure every shareholder just agrees without really understanding what else was lurking in the later pages, that Cooke and Raven get 25% of any future sale....

Team appeared with a cheeky offer. As bad as it was, some thought it might be better than the current position. Tavistock called this a 'distraction' to the now obvious Titan deal which was obviously already well into negotiations. I'm sure this deal wasn't knocked up over a pint quickly and this has been ongoing for months.

One must wonder and assume that they tried and tried to push that incentive through, even with desperation as the Titan deal was in the wings. They wanted the 25% and it failed....

On the back of this, they slap a new share option down they day after the Titan announcement like spoilt petulant children and a big 2 fingers salute to long suffering existing shareholders (who had a glimpse of hope for all of a 24 hours) and new shareholders who got caught in the spike.

Look were we are trading on the back of this news..... IS it any wonder? People still ask why....

You could make a film up about this and the viewers would be asking 'They surely cant do that can they?'. They could play themselves and make the perfect villain's.... Get the popcorn ready for Toxic Tavistock part 1. Should be a cracker.

Good luck all, do your own research, keep the faith, at least footballs coming home.

Hi Devil

The recent purchases at 5.25p are fine a signal of intent, bought on the open market. I agree.

The grant of options however, are completely different. As i understand the company needs to create 11.5% of new shares to facilitate the grant of options, therefore diluting the value of the shares by the same amount.
These can be exercised at anytime, with no performance requirement. so if the company Share price is trading at 10p, they can execute the 5.25 purchase and dilute or as I prefer to call it, 'steal' the value from every other shareholder.

'Tavistock, the financial services group, announces that it has granted share options, with an exercise price of 5.25p per share, over an aggregate total of 70,000,000 shares (representing 11.5% of the Company's current issued share capital) to its Executive Directors, being Oliver Cooke and Brian Raven. The exercise price of these options has been set at a level that represents a premium of 11 per cent. over the Company's closing mid-market price on 14 June 2021. 40,000,000 of the options are being issued to Brian Raven and 30,000,000 are being issued to Oliver Cooke. The options are capable of immediate exercise, have no performance conditions and are not being issued under the Company's EMI Scheme.'

So, my take is-
Long term holders once more have been **** on by the greed of the BOD's who have never aligned themselves with any other shareholder. They take advantage of diluting the business to expand at no cost to themselves. I question the amount of shares held against the actual cost to each of them.
One questions how they sleep....
Financial services prides itself on transparency...
Good luck all.
DYOR

Well this should have moved forward further, but the the BOD's have an incredible habit of showing their greed and turn a fantastic day into resentment almost immediately as their true colors come out again.
I will sell my holdings at 5.24P IF this is achieved. Unless however a vote of no confidence is made, but im sure they will have written into the terms these issues will remain in place regardless. So rather than see a further (how many is this now) dilution and have another 11% value stolen from me, ill just get out.
A question I've read many times on various forums is 'why is this trading so low with the business model'.
The answer is simple. Put a cup under a running tap and see the inflow of water. Unfortunately two straws are in the cup also, and they are busily sucking the water out....
So, as the previous attempt to pinch 25% of the business was thwarted, as everyone other than their mates caught them out, so they make this retaliation move, which was approved by past guess who.....
Sickening. This should be flying high following the news, and people still ask why and wonder why it isn't.
DYOR, see previous failed 'incentive' offers and RNS updates.
2 reasons it isn't. BR & OC. The BOD's and shareholders aren't aligned, never have been and are fed up of being constantly **** on.
5.24 and im out

So, despite the deal being made ‘even better’ without concerns/objections, the 3rd attempt doesn’t pass either.

Confidence lost by oh so many. If you take Raven and Cooke out the voting, it’s embarrassing.

So where to now?

They have certainly misunderstood the bad feelings by many shareholders and dismissed them with contempt, arrogance, and ignorance.

I’m in at 7.5p. From the start. Along with many. I trusted, I believed. I’ve supported year after year. Dilution a plenty, failed projects, money wasted, free/cheap shares for Raven and Cooke. Mounting expenses written off.

Here’s a riddle.

Leopard, spots. changes, it’s, never, A

Who knows, maybe a free share incentive for the winner to find a well known phrase!

Open the books, let TEAM look and move forward.

Well, it’s certainly been changed for the better.
IMO a much fairer deal all round and any new investors have a great opportunity here.
It may also give confidence to existing shareholders to add more and average down.
Strange they have changed it with no negative feedback?
I suppose the question is, are all the trigger points being moved up in line?
I Look forward to the finer detail and moving forward positively

I’m also on telegram,
Zoeticash

Can I be added please??

Hi Jack.
The deal appears better this time, for new investors.

Long standing investors who were involved at 6/7/8p have watched this share get diluted repeatedly and the SP driven down.
Then certain people have bought shares at these lower levels....
Then once the price climbs to 4p and above, ‘certain’ people will receive a bonus plus a healthy share price increase. Meanwhile the long standing investors are still 40/50% down!

That’s not really aligned everyone in my opinion.

So if I understand this correctly, (and if I’m wrong can someone please correct me) some ‘certain’ people get a double bonus effectively (share price increase plus bonus incentive), whilst the long standing investors lose out.

So the dilute and drive the price down, then reward themselves when the SP is approx 50/60% of the value years back. Hmmmmm

Is my little £1 party starting today through the weekend?!?
Soooo close....... Not many ‘experts’ discrediting this company this week.....

Scottysh- Agreed mate. My seat belt has been fastened through out 2020 and I enjoyed a bumper ride. Do I think it’s over? No...... I don’t blame some for cashing in gains, fair play, everyone has different needs. I’m hoping this is my top performer again..... lots of mileage in this so I must be a moron as well as many others according to TW!