Tungsten Share Discussion Threads

[bs76] 12/5/2016 13:35

Tung should be able to beat market invoice. They have increased by around 100% for first few years

2011 £2,834,216
2012 £28,533,263 907%
2013 £55,870,732 96%
2014 £171,410,137 207%
2015 £251,781,459 40%
2016YTD £65,981,566

[bs76] 12/5/2016 13:23

Yes that might help revenue by £500K - £1m but the main thing is cash-burn which should go below £1m per month and TEP - which is averaging around £8m per month since launch. I hope to see TEP finance double this year from £97m in 2015 to £200m in 2016

Control over cash burn will put a line under share price but for it to go up we need growth in TEP.

I hope that PDD issue is resolved or on track to be resolved.

[andrewdbl] 12/5/2016 12:47

BS,
Given the mgt's current approach, whatever they said +/- 5%.
As noted by someone else, overseas income will be assisted by drop in exchange rates.
So I look to the upside, but not much.

[bs76] 12/5/2016 11:58

Hope to hear good news on reducing cash burn and TEP

As reported on capital day- Total TEP finance in last calendar year was £97m and Jan 2016 - £7m.

Total $104m in 13 months which avg out to £8m per month that means we should have minimum £24m in feb, march, apr.


2015 - £97m
2016 - £31m (till 31st April)

So minimum - £31m and max ???

[manics] 12/5/2016 07:06

...May the (twenty) fourth be with us.

[bs76] 11/5/2016 17:12

yes :)

Pre-close trading update
24 May 2016
Full Year results announced
25 July 2016

[pkarnezis] 11/5/2016 17:04

All shall be revealed in the pre-close trading update on 24th May -Nostradamus.

[bs76] 11/5/2016 17:00

No news at all.

Stock lending data didn't change much in last month

Not even a short update.

The longest quiet period ever ;)

[chemistdude] 11/5/2016 14:56

Touché, it ain't over till the fat lady sings!

[edwardt] 11/5/2016 11:47

mentally I have stuck these in the drawer and will only pull them out once the party is in full swing. best thing to do really. I am off for a long nap now - wake me up when the music starts!

[1gw] 09/5/2016 15:01

But not forgetting:

14/05/2015 Pre-Close Trading Update

[togglebrush] 09/5/2016 13:31

Historic Timetable
'
08/07/2014 Preliminary Results for the year to 30 April 2014
'
20/07/2015 Notice of Results
'
22/07/2015 Preliminary Results for Year Ended 30 April 2015

[togglebrush] 06/5/2016 10:32

Statistics_Price OHLC____Volume per day
‘
Maximum____307.00______16,301,510 ... Price 05 Jan15 Vol 21 Apr15
Onein100___281.53______10,130,897
Q3_________154.63_______1,445,989
Median______67.25_________700,368 ... Middle of sorted sample
Q1__________56.75_________373,872
Minimum_____29.00__________27,469
.
Based on ADVFN data since 31 Dec 2014
'
NOTE YEAR END was 30 April 2016 expect information in due course

[andrewdbl] 06/5/2016 10:04

I do not know what the average trading for an AIM smallcap is like,
is this normal?

[dollarzpounds] 05/5/2016 12:21

I take it from the posts I have seen on here that the shorters position is dramatically reduced from the highs of around 10 months or so ago? Yet the share price languishes at pretty much the same levels ? Neat little trick that . Come on Tungsten BOD can we have AT LEAST some dates to put in our diary regarding ANYTHING AT ALL??

[1gw] 05/5/2016 08:05

Reduction in shares on loan in April according to the Euroclear data.

Jan'16 9.7m shares on loan (average)
Feb'16 10.8m
Mar'16 10.8m
Apr'16 10.0m

hxxps://my.euroclear.com/apps/en/monthly-stock-loan-data.html#month=eq:4&year=eq:2016&limit=19&search=1&order=asc:abbreviation

[manics] 29/4/2016 16:07

Would be nice if British innovation was given half a chance!!!

[dollarzpounds] 29/4/2016 15:54

Would be nice if the Share price ever went up !!

[edwardt] 29/4/2016 15:27

would be nice if that 100k buy was from the new guy!

[manics] 26/4/2016 09:50

Of more than 1,000 small-to-medium sized businesses (SMEs) surveyed by invoice network Tungsten, almost half had received a suspicious invoice or been a victim of invoice fraud in the last 12 months.

[chemistdude] 21/4/2016 12:03

G-Cloud 7 Pricing structure for public sector buyers:

[andrewdbl] 20/4/2016 13:22

k3
+1

Blockchain sounds good where the entities in the transaction are fungible - possibly anonymous, but the object being transacted is not.

Think futures contracts, land registry, share registers -
and a brass plate in Panama.

The thing is, money is fungible - and that is (imo) why we have double-entry book keeping

From what I understand, blockchain is single entry and anonymous (you have the right numbers, you own 10,000 TUNG index nos 123456-133455)

I think bearer bonds have just moved into the 21st century.

There may be a way of making use of a blockchain in this domain, but right now I do not see it.