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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Tungsten Corporation Plc | TUNG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 54.60 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 54.60 |
| Top Posts |
|---|
Posted at 24/3/2022 08:15 by pkarnezis Fun fact: certain ex-TUNG people work at Pagero. |
Posted at 15/3/2022 09:00 by pkarnezis I see COUPA is having its TUNG moment of late... |
Posted at 21/2/2022 12:07 by andrewdbl Tung and its predecessor OB10 (?) have been managed by a succession of people with varying abilities and none have managed to make any proper money.No comment on Bromovsky's abilities, IMO, he never had a chance. This business sector (invoice processing) seems to be one where little / no real profits are made. Tradeshift (who make a profit) look like they focus on supply chain financing. TUNG tried that but did not get far, possibly because TUNG's client list has large companies who do not need that facility. TUNG is both blessed and cursed by its stellar client list, who no doubt pressure the co to 'do what they do' I think there is a good business in there but it has not been found yet - much of the share price here and in similar companies is supported by optimism and not free cashflow. |
Posted at 13/12/2021 14:43 by andrewdbl TUNG's mcap is ~40m.AMZN could buy TUNG from petty cash. I am guessing that they did not because the deal does not leave much money on the table for TUNG. It appears that Sage iCompleat is already operational and does similar things. One day TUNG will make a profit... I have been saying this since 2013/14. One day I will be right |
Posted at 03/12/2021 07:13 by farrugia there it is!!Tungsten network selected by Amazon Business to support automated invoice processing for joint finance and procurement customers Tungsten Corporation plc (AIM: TUNG), a leading provider of digital financial management and software solutions, has been selected by Amazon Business to support its global e-invoicing program in Europe and the U.S. The partnership will enable customers to automate the processing of Amazon Business invoices via the Tungsten e-invoicing network. The integration makes use of Tungsten's Accounts Receivable solution and automates invoicing processes, saving both time and effort for customers. Paul Cooper, CEO of Tungsten Corp plc, commented, "We are delighted to work with Amazon Business to enhance our value to current and new customers, t his is the future of digital procurement . Tungsten offers customers the flexibility to integrate with any procurement platform and the ability to deliver exceptionally high levels of straight-through processing." Nabil De Marco, Director for Amazon Business Europe, commented "At Amazon Business we are always looking for ways to further improve our customer offering. Through this partnership, we are excited about supporting our customers to digitize their procurement processes, lower their overall cost of operations and boost their efficiency." |
Posted at 06/9/2021 22:57 by buywell2 chart from 23 May 2014 to todayfree stock charts from uk.advfn.com corrientes - 23 May 2014 - 12:22:43 - 856 of 2536 Buywell2 - What was it you said to me once on the XEN thread 'engage brain before opening mouth' .Well do beware of boomerangs as you don't exactly have the best of reputations. Your implied negative comment earlier today about TUNG was a nonsense. |
Posted at 06/9/2021 22:53 by buywell2 corrientesTUNG chart from 23 May 2014 to today free stock charts from uk.advfn.com corrientes - 23 May 2014 - 12:22:43 - 856 of 2536 Buywell2 - What was it you said to me once on the XEN thread 'engage brain before opening mouth' .Well do beware of boomerangs as you don't exactly have the best of reputations. Your implied negative comment earlier today about TUNG was a nonsense. |
Posted at 07/6/2021 08:23 by luddenden7 a bit light on numbers but this is a huge win for Tungsten. It must be ADP surely, $14bn annual revenue would point to the company.GLOBAL HUMAN RESOURCES SOFTWARE LEADER SELECTS TUNGSTEN NETWORK FOR STREAMLINING ACCOUNTS RECEIVABLE Tungsten Corporation plc (AIM: TUNG), a leading provider of digital financial management and software solutions, has been selected by a global human resources software leader ("the Customer"), whose turnover is $14bn, to support its new e-invoicing initiative in Europe and the U.S., with over 650K invoices in scope, underlining the growing momentum of customer's taking Tungsten's Total AR solution. The Customer's 16 European entities will use Tungsten's Total AR solution to streamline and digitise its accounts receivable processes. In the U.S., the solution will allow the Customer to send invoices to its customers via the Tungsten Network, eliminating manual invoice entry systems. Anticipated benefits include productivity gains via process standardisation, resource efficiencies, and new operational capabilities. The Customer is one of the largest global automated payroll providers, whose solutions are used by some of the biggest companies in the world. This deal will see Tungsten implement their Total AR solution for the Customer in the U.S. and Europe. |
Posted at 07/4/2021 13:56 by andrewdbl 18% down because this - a reduction in income of ~1.8mtips them firmly into loss-making and there is little chance they can cut 1.8m of costs. I think the jam is going mouldy. Some here may be hoping for a trade sale / takeover. This may happen but, how will the purchaser make money from that purchase? The tung management may not be the sharpest, but have had a lot of time to work out how to make a profit and this is where we are. [disclaimer: sold out for a *massive* loss ~Dec 2019] |
Posted at 28/11/2020 19:14 by andrewdbl First in in '14 out early '19 (stonking loss - my biggest)Still a client list to die for Still not able to implement quickly and cheaply Still hoping to make money from non-core activities Still burning cash Still have a soft spot for TUNG. It always felt like it would come good next year. Said this every year since '14. Nothing much has changed. Except that TW forecasts TUNG to run out of cash about Aug 21. |
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