Friday 28 September 2007

Tanfield

Tanfield make Zero-emission vehicles.This is a really clever bit of marketing,as electric vehicles have been associated with milk floats for way too long.This innovative Company now makes 3.5 Ton Delivery trucks which do 80 Km/50 mph, which is more than enough to cope with urban speed limits.This has won them orders from M&S and other urban fresh food deliverers. There is little negative to say about Tanfield except I worry it may be overvalued. I'm very happy that it has gained a lot since I bought it at 105 last March as it now stands at 173,and even hit 200 briefly.Perfectly poised to deal with a rapidly expanding market for clean air urban vehicles. The partnership with Ford and the huge prospects that environmental concerns will increasingly offer enormous opportunities for profit. Running all city service vehicles on electric vehicles would also help drive the market. The potential problem could lie in demand outstripping production. And at 30 vehicles a week it won't save the world,but is a good start. The supply chain could prove interesting.Who supplies the batteies and power train ? And this prompts the thought that checking out the battery makers might prove profitable Tanfield is a stock I'm holding for the long term. The real problem is that this may be accused of simply transferring pollution generated here, pollution caused by the electricity generated. Tanfield picks up speed | Comment Archive | News | Hemscott I wrote this some time ago and since then the shareprice has been what the analysts call 'volatile' Or in Simple English all over the place.I still own shares in Tanfield. I still believe in Tanfield and perhaps foolishly didn't sell and take profit when they were at the top of the market,and then buy the same or more shares when the price gets lower. For those of you glued to multiple screens,trading profitably or not: good luck to you.

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