ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

TUNG Tungsten Corporation Plc

54.60
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tungsten Corporation Plc LSE:TUNG London Ordinary Share GB00B7Z0Q502 ORD 0.438P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 54.60 54.00 55.20 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Tungsten Share Discussion Threads

Showing 10526 to 10547 of 10625 messages
Chat Pages: 425  424  423  422  421  420  419  418  417  416  415  414  Older
DateSubjectAuthorDiscuss
24/5/2021
14:28
saves money. which i hope they have got better at!
edwardt
13/4/2021
08:26
Can someone explain why Tungsten would put out today's news of a new customer win (NTT - a leading global technology services company)as a low-key non-reg RNS rather than a full RNS? I almost missed it!
inoils
07/4/2021
12:56
18% down because this - a reduction in income of ~1.8m
tips 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]

andrewdbl
24/3/2021
17:10
Bought at an average price of 31p, sold today at 29p based on yesterday's latest disappointment. There are far better companies to put my money into...
westham2017
23/3/2021
19:53
The level of markdown isn't a surprise given the track record of disappointing updates and an inability to materially grow the topline. 1x sales seems about right until this changes
tvh123
23/3/2021
15:56
only on 1 times sales so would expect this to be down probably 7% not 18%,
edwardt
23/3/2021
15:08
The share price reaction seems a bit harsh.
cc2014
23/3/2021
14:33
This time next year, Rodney...
pkarnezis
23/3/2021
14:32
Jam, jam, jam, jam, jam....jam....jam...jam..........jam......jam......jam.

That is all they do. All year, every year for years.

" Customer Loss

Tungsten Corporation PLC (AIM:TUNG), a leading provider of digital financial management products and software solutions, has been informed by an existing customer ("Customer") that they will not be renewing their Accounts Payable solution contract. This Customer accounted for 5% of revenues in the twelve months ended 31 October 2020.

It is expected that the transition away from the Tungsten platform will take 12 to 18 months and therefore an extension of the existing contract is being executed with the Customer to initially cover the period to 30 April 2022.

The Company is currently evaluating the impact on revenue and profits for the FY22 period and onwards and will provide a further update in due course.

Andrew Lemonofides, Tungsten's Chief Executive, commented: " We are disappointed to be advised of this decision and to be losing an important customer. However, we have a healthy pipeline of new business opportunities and will concentrate our efforts on replacing the volume relating to this transitioning contract over the coming 12 months." "

Unsure who is worse: TUNG or WAND (almost typed JAM there). There are a few of these companies about that lead investors on for years.

It really is astoundingly fruity stuff.

All imo
DYOR

EDIT: At post below

This time next year Rodders! :-D

sphere25
23/3/2021
14:28
well that was wrong!
edwardt
16/3/2021
17:23
lots of stock shifted. me thinks we should have some blue sky here now....
edwardt
18/2/2021
08:07
thanks - that has opened my eyes. lets hope this creates a proper network effect!
edwardt
17/2/2021
21:30
@edwardt this may help: hxxps://www.coupa.com/coupalink/invoicing/tungsten/
tvh123
17/2/2021
15:03
i have re-read this again - can someone in plain english explain why coupa would share clients with tungsten? thanks!
edwardt
17/2/2021
11:45
on one times sales vs coupa on 50 times+. they can bid us at 10 times revenue and wall street would think they have got a bargain!
edwardt
17/2/2021
00:28
Decent read.. It just comes back to revenue growth... I'd imagine once e-invoice volumes return to pre-pandemic levels and new sales kick in, we should see decent revenue growth FY 21-22.
westham2017
16/2/2021
16:29
i normally hate paid for research but that was a good read imo.
edwardt
12/2/2021
08:53
Edison latest report:
pkarnezis
10/2/2021
20:45
can any body help, what was the out come with the cement works and new hydro electric plant being built
pigeons
11/12/2020
08:34
apparently not.
edwardt
30/11/2020
13:38
it must be difficult to persuade new customers to sign up in the current situation
Which company would dare make such a substantial change when everyone is working remotely?

phillis
30/11/2020
13:20
salesperson is an oxymoron at tungsten is it not? ie they do f'all of it.
edwardt
Chat Pages: 425  424  423  422  421  420  419  418  417  416  415  414  Older

Your Recent History

Delayed Upgrade Clock