Tungsten Share Discussion Threads

[edwardt] 30/1/2018 18:10

get the feeling this is being held back - quite a regular volume of circa 300 to 400k traded...

[edwardt] 18/1/2018 18:02

at 2 times revenue strikes me as fair until it starts throwing off cash not eating it is all we need to know. we may just be seeing that happen given rates are rising round the world which has to be good for the tung product.

[edwardt] 18/1/2018 18:01

i love consensus - basically says not a lot. ona pe of 4 on 2022 estimated earnings expectations. got to love that! basically this deserves to be on a low multiple but given it is at its heart a financial, it could actually be that cheap. time will tell.

[bs76] 18/1/2018 09:10

Yes Ej, as per your chart- this will be 7th attempt to get over 70 in last 2.5 years?

[andrewdbl] 17/1/2018 19:16

... the last placing was at 80?

[bs76] 17/1/2018 16:58

70 close ;)

[edwardt] 17/1/2018 09:45

ticker phd - interesting business in that it has 30% ebit margins and essentially does spend analytics which is what tung effectively abandoned...

[bookbroker] 15/1/2018 18:17

What is Proactis, some sort of digestive aid!

[edwardt] 15/1/2018 17:01

anybody follow proactis?

[dollarzpounds] 13/1/2018 21:46

Love it EJ !

[dollarzpounds] 12/1/2018 21:57

Hang in dude

[manics] 12/1/2018 15:19

I greatly envy those just discovering TUNG now. May the opportunity continue to show itself...

[bs76] 12/1/2018 15:16

"has backed up his belief by heavily betting against equities and government bonds"
"In a recent letter to clients, Mr Odey reiterated his conviction that monetary policy is doomed to fail, noting how “the bond markets are refusing to take any notice of the central bank’s advice that inflation is coming and interest rates are headed higher”.


US Treasury yield has started rising :(



Odey might have good time in 2018 ;)

[edwardt] 12/1/2018 14:45

chemist hang in there , patience is something that has been forced on us. time for payback!

[chemistdude] 12/1/2018 13:58

Share dealing account is literally letting me sell 32,000 shares in one go for 66.3p

Not had this happen before. Anyways, it’s too late for me to trade it now. Should’ve started 2 years ago if I was going to do that. Shares tightly locked, no chance I would risk it now

[bs76] 12/1/2018 13:37

last 4 rns from odey about reduction

12th Aug 2016 18.84
10th Jan 2017 17.96
6th Sept 2017 16.93
4th Oct 2017 14.96

If he is selling, we should get RNS today or early next week

[bookbroker] 12/1/2018 13:13

Do not see why he would sell now, this is only just starting it’s journey to profitability!

[edwardt] 12/1/2018 12:40

my bet is odey will reduce again and will have taken up slack from renewed buying elsewhere.. they will be acting like a break on share price. obviously a guess but highly likely

[bs76] 09/1/2018 17:37

Stock lending (Euroclear) has come down as well. Will be interesting to see Jan numbers

Jan-17 4,700,961 3.81
Feb-17 3,401,654 2.75
Mar-17 4,100,801 3.32
Apr-17 4,055,134 3.28
May-17 3,098,772 2.50
Jun-17 2,725,495 2.20
Jul-17 2,358,186 1.91
Aug-17 1,942,445 1.57
Sep-17 2,105,666 1.70
Oct-17 2,693,981 2.18
Nov-17 2,445,461 1.97
Dec-17 2,171,122 1.75

[tjbird] 09/1/2018 16:31

Did get to 500 last run