Previously writing on sports, leisure and mobility equipment group Tandem (TND), in February with the shares at 545p I questioned sustainable growth or not?, concluding the shares still on the watchlist. They have since been above 700p but are currently 565p despite an AGM Statement today including “revenue for the 25 weeks to 22 June 2021 approximately 14% ahead of the same period in the previous year” and “forward order books are at record levels with group outstanding orders currently totalling £34.7 million compared to £10.7 million at the same point last year”. So what’s going on?...
Sports, leisure and mobility equipment group Tandem (TND) has made a trading update including that “unaudited group revenue for the full year was approximately £37.1 million” and “revenue to the end of January 2021 was approximately 75% ahead of the same period last year”. So what of a now 545p share price, £27.5 million market cap, it is up to?...
“Designers, developers, distributors and retailers of sports, leisure and mobility equipment”, Tandem Group (TND) has updated including “turnover and profit before and after tax for the 6 months to 30 June 2020 are expected to be ahead of the prior year” – and the shares have currently responded higher to 380p...
In February I wrote Tandem Group (TND) – updates including to let team “get on with it”. Er – but you’re a listed company!, concluding including that with being a listed company comes greater external scrutiny and if not liked, the option is always there to try to take the company private. If unable to... tough. Now the company announces “a statement is tomorrow being posted by the company to shareholders from one of its shareholders”...
A “Trading Update and AGM arrangements” announcement from “designers, developers, distributors and retailers of sports, leisure and mobility equipment” Tandem Group (TND) includes “bicycle sales have been materially higher with year to date revenue 77% ahead of the prior year and the forward order book significantly higher than last year to date”… and the shares have currently responded to 250p, er approaching 4% lower!...
A “Trading Update and Board Changes” announcement from “designers, developers, distributors and retailers of sports, leisure and mobility equipment” Tandem Group (TND), which gets, er, ‘interesting’…
Sports, leisure and mobility products group Tandem (TND) has updated commencing “we are pleased to announce that it has continued to be an encouraging year for the group with revenue for the 25 week period to 23 June approximately 26% ahead of the same period in the previous year” and concluding including “we can look forward to the rest of the year with some confidence”. So why are the shares lower?…
Writing previously on sports, leisure and mobility equipment group Tandem (TND) in March, I noted I question whether it’s to be profit warning ahoy down the line and was thus cautious. Today an AGM update…
Sports, leisure and mobility equipment group Tandem (TND) has updated on trading – and the shares are currently 18% higher to 115p in response. Should be good then…
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