Previously writing on sports, leisure and mobility equipment group Tandem (TND), last month with the shares at 262.5p I noted emphasises “in line with market expectations”, but how creditable is that? – including noting a litany of factors that suggested to avoid. What about now its full results for the 2022 calendar year?
Previously writing on sports, leisure and mobility equipment group Tandem (TND), in September with the shares down to 285p I concluded that with the trading headwinds and cash flow movements I continued to avoid. What now with the shares at 262.5p on the back of a trading update?
Previously writing on sports, leisure and mobility equipment group Tandem (TND), in June with the shares down to 250p I concluded that the trading headwinds meant I avoided. The shares last closed at 300p but are currently falling again on the back of half-year results.
Sports, leisure and mobility equipment group Tandem (TND) has issued an AGM Statement including on revenue “for the last 7 weeks we were approximately 8% ahead against the comparative period” and “we are well placed to ultimately drive growth, particularly in all forms of e-powered transportation”. So what of a share price currently a further more than 16% down to 250p, a £13.5 million market capitalisation?...
Sports, leisure and mobility equipment group Tandem (TND) has announced “FY21 profit before tax expected to be well ahead of the prior year and slightly ahead of the current market expectations” and that its order book “remains materially ahead of the comparative position in the prior year”.
