Tungsten Share Discussion Threads

[andrewdbl] 03/1/2016 19:10

Merry christmas, happy ny. Back from darkest cornwall where an underground fire next door removed internet access - and no good mobile signal. On balance it improved things.

Listened to TW on bbs 2/1/16. He noted some key weaknesses
- confirmation bias
- no-one provides any detailed analysis/projections

... so what is the point - and I had problems disagreeing so fwiw...

On confirmation bias
Personally, given what we know now (ignoring hopes) I think fair value right now for TUNG is ~38p +/-20%

On analysis/projections
Has anyone else done one and willing to share.
If not I suppose I will have to knock one up (warning - I am not an accountant and if you take mine seriously, more fool you)

[manics] 03/1/2016 10:29

Edi still owes Odey (and the rest of us...) however. He remains our VC and the second largest holder of TUNG so he's not out of the picture by a long chalk imo.

[pkarnezis] 03/1/2016 10:13

Excellent! What could go wrong? I'm in. When is the IPO? Wait. On second thoughts...

[dollarzpounds] 02/1/2016 19:32

https://twitter.com/telegraphnews/status/683359629040992257

[dollarzpounds] 02/1/2016 19:32

Edi has other fish to fry....https://twitter.com/telegraphnews/status/683359629040992257

[dollarzpounds] 29/12/2015 10:19

....and the share price goes down....?

[bs76] 29/12/2015 10:17

ms bought around 400k shares on 21st and 22nd Dec

[pshevlin] 29/12/2015 09:48

Is that Morgan Stanley buying?

[manics] 27/12/2015 10:17

Stuffed full. Hungover. Back to the gym later this afternoon. Hope everyone's had a great break 8)


Invoice fraud foiled at London borough of Bexley
Wednesday 23rd December, 2015

The London Borough of Bexley has successfully foiled a number of fraud attempts, thanks in part to innovative technology from Tungsten.

[chemistdude] 23/12/2015 14:05

Don't worry guys capital markets day should yield some results and Odey is not going to dump 20m+ shares for 10p.

Seasons best to all!

[dollarzpounds] 23/12/2015 13:37

One thing I do know - if the management got TEP working as it should there wouldn't be any of these 'fun and games' the BOD can take back the destiny of this company by making tangible progress towards the billions in lending we were told were the realistic goal at the outset. Let us hope that 2015 was the low point and 2016 is the beginning of the big comeback. Anyway that's for another day - Seasons greetings and good health to all! $$$$££££.

[andrewdbl] 23/12/2015 13:19

bs76

possibly they were a stock lender. made a nice little turn on that. once stock repurchased, sold.

[bs76] 23/12/2015 12:40

What the hell are they doing?

In last 3 months
12.42=>13.86=>19.02 UP
19.02=>18.91=>17.94 DOWN
17.94=>18.11=>19.60=>20.04 UP
20.04=>18.95 DOWN

It looks like his fund's algo is working on this share ;(

[pkarnezis] 23/12/2015 11:57

Ha, ha. Odey can't even fart without us breaking out into a cold sweat. Merry Christmas everybody.

[tradermel] 23/12/2015 11:41

Will the woe ever stop with this share, just as you think all the bad news is out of the way Odey start selling!

[chemistdude] 23/12/2015 11:09

Odey reduced from 20.04% to 18.95%

[manics] 21/12/2015 20:16

Courtesy Ryan11 on LSE:

[volsung] 21/12/2015 16:54

Can't wait to see the contents of Santa's sack spill out under my Christmas tree. Roll on Friday!

[bs76] 21/12/2015 16:52

*4.70=>4.61

[bs76] 21/12/2015 16:51

Shorts reduced 4.70=>4.69GSA reduced 1.38=>1.29 on 17th Dec

[keyno] 21/12/2015 14:15

Xmas re-dec most appreciated, Manics. Better than shades!

[edwardt] 21/12/2015 13:57

great post Andrew. any reason how you got to those figures for GE and Siemens? However what is clear is that there is a semblance of a clear flight path to cash burn eradication which was what I really wanted from the call and think we just about got it.

[chemistdude] 20/12/2015 14:25

Wow that's very good of you Andrew thanks for sharing!