Added to YB: 2026-07-01
Pitch date: 2026-06-26
TAN.L [bullish]
Tanfield Group PLC
Author Info
No bio for this author
Company Info
Tanfield Group PLC operates as an investment company in the United Kingdom. The company, through its 49% interest in Snorkel International Holdings LLC, that produces self-propelled, towable, and push-around aerial lifts, including diesel and electric scissor lifts, mast lifts, telescopic boom lifts, and articulating booms.
Market Cap
GBP 8.6M
Pitch Price
GBP 0.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-5.16
EV/Sales
N/A
Sector
Capital Markets
Category
special_situation
Weird Shit Investing 2026 - Tanfield Group PLC
TAN.L: London shell co (GBP7m cap) owning 49% of Snorkel via late-stage US litigation. Pure play on collecting GBP19m base recovery. IRRs from 4.4p: 165% (1yr settlement), 62% (2yr); 116%/47% net of GBP3m legal costs. Worst case 26% if delayed to 2029. Risk: appeal success = 100% loss, mgmt missteps.
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