Stocks to Double in 2006 - we name them


maggiori - Thu, 22 Dec 05 :

At a current offer price of 20.5p, Tanfield Grp (TAN) offers potential as a doubler for 2006.

The share in 2005 hit a mid-price high of 22.75p, with a low of 16.75p. In recent months, it has languished in a trading range between 19p and 20.5p. All this could change in 2006. Recent institutional interest and a string of exciting developments should re-rate this share imo, after a return to profitability in 2005, which followed a period of restructuring and a renewed focus on new markets and products, with the development of several key specialist divisions.

What is the evidence that it could be a potential doubler in 2006?

Recent Institutional interest - paying 20p a share (current mid 19.75)
On 19th December 2005, Tanfield Group PLC announced that it "has conditionally placed 9.1 mln new ordinary shares of 1 penny each at a placing price of 20 pence per share, raising 1.82 mln stg. The shares are expected to be admitted to trading on AIM on Dec 21. Tanfield said the placing was carried out to satisfy institutional demand for the company's shares and to ensure it has sufficient working capital to allow it to explore new business opportunities. "

Recent developments and new contracts
21 December 05- TWO CONTRACT WINS, INCLUDING MIDDLE EAST
Two strategic contracts. Norquip Ltd, the company's wholly owned airport
access subsidiary, has won its first order for an 'Ambulift', a truck
mounted, scissor lift unit that is used for terminal-to-aircraft passenger
transfer at airports. The deal will see Tanfield supply the unit to a major
airline in the Middle East giving the company a foothold in the Middle
Eastern airport sector, one of the fastest growing markets for airport
vehicles, highlifts and ramp equipment. Additionally the company's wholly
owned digital imaging subsidiary has signed a licensing agreement and
2-year supply deal with a Central American OEM, worth 500,000 usd.

1 December 05- CHINA VENTURE
Tanfield Group PLC said it signed an agreement to set up a joint venture
with Chinese access equipment manufacturer, Wuhan Fachman Industrial
Limited. Aerial Fachman will be established in China and will manufacture
and market products from the group's range of Aerial access equipment.
Tanfield said whilst initially targeting the fast-growing Chinese market,
it may ultimately source equipment for certain export markets, particularly
where shipping costs make it advantageous to do so, from the joint venture
company.

24 NOvember 05- NEW DISTRIBUTOR NETWORK - EASTERN EUROPE - AND NEW PRODUCT
Tanfield Group PLC said it has made further major distributor appointments
at its Aerial Access division. Within the last month, distributors have
been appointed in new geographical areas including Russia, Turkey,
Lithuania, Latvia, Greece and Cyprus. First orders are coming in from these
territories. The group said its strategy of planned growth of the
distribution network is ongoing and due to the high levels of interest from
potential partners, it anticipates further distributor appointments in
coming months. The board also said the group's JumboTug (airport) division
is to start field trials on Dec 18 of the first of the "next generation" of
high performance baggage tractors. It said interest has been high and the
group will be producing further vehicles for trial and sale in the North
American and Asian markets in January.

5 October 05- DAIRY CREST CONTRACT WIN - FARADAY LAUNCH
Electric vehicle maker Tanfield Group PLC said it has signed a deal to
supply up to 800 milk floats to Dairy Crest. The value of the deal was not
disclosed. County Durham-based Tanfield said its subsidiary Smith Electric
Vehicles (SEV) has agreed to supply its new commercial electric vehicle
Faraday to the dairy group. SEV will be responsible for replacing up to 800
of Dairy Crest's older milk floats with a mix of the new Faraday or
standard transit-type vehicles in the next three years. The Faraday is the
first in a series of a new generation of vehicles developed by SEV for use
in environmentally sensitive areas such as inner cities and airports.
Tanfield, which is staging a commercial launch of Faraday today, expects to
launch the next vehicle in the series, an airport tug, later this month and
its next electric commercial delivery vehicle early next year
There are more for 2005 - including a deal with Azure Dynamics to develop
the world airport tug market.

TAN's newly revamped website contains extensive news, info, and links re the company's products and divisions:

www.tanfieldgroup.co.uk

TO summarise, these developments, and the potential for future domestic and international expansion - already with a foothold in China, Middle East and Eastern Europe - have not yet been factored in by the market. This is a quality recovery play. Results due around April 06.

Tanfield traded around the 200p mark as recently as three years ago, and while I don't expect them to be anywhere near that next year, they are a very strong contendor as a potential doubler for 2006 imo.
dyor etc.

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