Market's view on Tandem Group
Published on April 2024
- Stock watchers discuss the potential for a company takeover due to its significantly low market capitalisation.
- Concerns are raised about a drastic reduction in revenue post-Covid, with figures significantly lower than pre-Covid levels, indicating a fundamental shift rather than a temporary destocking effect.
- Discussions include whether the company has managed to rent out a large unused space, which could influence financial stability.
- Some stock watchers express optimism about future growth and profit, despite current economic challenges, highlighting strong leadership and efficiency improvements.
- The current financial state shows reduced net asset value, increased debt, and decreased cash, with no immediate signs of economic recovery.
- There are mixed reviews on the leadership’s performance and decisions, with some stock watchers questioning the effectiveness of financial management.
- Observations are made about the state of the cycling industry, noting that it is not e-bikes, but general bike sales that are heavily impacted by overstocking and liquidation issues.
- There is particular interest in stock movements, with mentions of significant stake increases by certain shareholders.
- Speculations continue about the company’s stock price potential, with varying expectations and targets set by the stock watchers.