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TUNG Tungsten Corporation Plc

54.60
0.00 (0.00%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Tungsten Investors - TUNG

Tungsten Investors - TUNG

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 00:00:00
Open Price Low Price High Price Close Price Previous Close
54.60 54.60
more quote information »

Top Investor Posts

Top Posts
Posted at 20/7/2020 09:03 by edwardt
market likes it. i get a sense we on this board have gone through all the emotions possible here and a healthy spate of cynicism usually is the result of dashed hopes but often this is the time the stock confounds investors.
Posted at 23/5/2019 12:39 by andrewdbl
Possibly a marker of better times
Stockopedia (g neary)

Instead of analysing it, I've assumed up until now (on the basis of headline results and the commentary around it) that this is just a worthless fintech company.

Today's results offer some encouragement: there is positive EBITDA of £2.5 million for FY 2019 (excluding a division which is to be sold), on the back of a 6% increase in revenues. Transactions being handled by the company increased by just 3%.

The modest top-line growth and growth in transactions will fail to excite many investors but the cost savings initiatives do appear to be working, with more savings to come in FY 2020.

I also see that revenue growth must have improved a lot in H2, since it grew from just 2% in H1 to 6% for the full year.

The update is in line with expectations.

My view - I think this one might finally be worth looking into.

On a note of caution, the forecasts visible to me suggest that despite positive EBITDA, it will remain loss-making in the current financial year. Depreciation and amortisation add up to c. £4 - £5 million.

Perhaps it can beat these forecasts
Posted at 22/5/2019 16:00 by manics
OT but Paul Scott deleted his Twitter account this week, after drunk trolling VRS.As with us TUNG investors - he didn't learn too much over the years!
Posted at 14/2/2019 11:46 by bs76
shorts have gone down drastically. stock lending is all time low

euroclear stock lending
Nov2018 2,713,344 2.19%
Dec2018 1,277,386 1.03%
Jan2019 538,798.13 0.43%

but EFH is short around 5.7m shares

hxxps://www.tungsten-network.com/uk/about/investor-relations/significant-shareholders/
"EFH has confirmed that it currently only holds 254,318 of the Loan Shares, although DCIL has a contractual right to re-acquire 6,000,000 equivalent shares in the Company from EFH on maturity of the Loan Facility."
Posted at 13/12/2018 12:19 by edwardt
bonus of £1.5m to be paid in shares! try this - get a bonus when you deserve one. it is clear to us pi's at least that shares or cash bonus are not deserved. eat some humble pie because we as investors are forced to eat 'beans on toast'.
Posted at 22/8/2018 12:58 by edwardt
3 to 6 month time horizon - nice liquidity mismatch then with % tungsten shares held . quite extraordinary how investors buy funds who think that short term. that said, welcome aboard and they probably will sell them out at 80p when rick smashes it with a material upgrade in revenue in 3 months time..
Posted at 27/7/2018 11:45 by chemistdude
Neustria say generally good post-results feedback from potential new investors.
Posted at 08/7/2018 20:58 by manics
corrientes: Branson floated the Virgin Group in 1986. He watched the City fluff around with it, then took it back private at the IPO price, which was then a premium to the market price. Disenchanted with the City, Branson wanted to insure that "original investors didn't loose a penny".

Will Edi's reputation motivate him to consider similar? I bloody well think he should, but he bloody well probably won't. 'To do a Branson' at TUNG would cost him 220p* a share -one heck of a premium!

*approx. 10% of the Truell family fortune.
Posted at 01/7/2018 14:27 by andrewdbl
hxxp://www.tungsten-network.com/uk/about/investor-relations/significant-shareholders/

Mr Edmund Truell 1 17.23 (he has 4.76% in cfds here - can he vote them?)
Odey Asset Management 14.86
Indus Capital Partners 9.73
Artemis Investment Management 6.43
Hadron Capital 5.69
AXA Investment Management (London + Paris) 5.58
TBF Global Asset Management 3.91
Invesco Perpetual Asset Management 3.69
Majedie Asset Management 3.19

Others 29.69

... so Odey + ET need the support of most of the significant holders...
Posted at 04/6/2018 06:53 by johnwise
Who is the worst Deramper you have come across? This would be good opportunity to warn other investors (esp newbies) about the heartless souls who will quite happily slag off shares without any real credible info and watch your wealth disappear.

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