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 Shares Traded Last Trade
  0.00 0.0% 38.00 0.00 08:02:15
Bid Price Offer Price High Price Low Price Open Price
38.00 39.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 36.81 -25.96 -20.62 48
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 38.00 GBX

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Date Time Title Posts
15/6/202117:07Tungsten Corporation -the vision, the flair, the drive7,998
22/7/201803:38Tungsten (TUNG) One to Watch on Monday -
07/9/201508:22TUNGSTEN CORPORATION PLC ORD 0.438P2,536
26/11/201419:22The Tungsten Thread3
21/8/201415:58*** Tungsten ***41

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Tungsten Daily Update: Tungsten Corporation Plc is listed in the General Financial sector of the London Stock Exchange with ticker TUNG. The last closing price for Tungsten was 38p.
Tungsten Corporation Plc has a 4 week average price of 31.80p and a 12 week average price of 28p.
The 1 year high share price is 45p while the 1 year low share price is currently 23.90p.
There are currently 126,216,714 shares in issue and the average daily traded volume is 323,417 shares. The market capitalisation of Tungsten Corporation Plc is £47,962,351.32.
luddenden7: a bit light on numbers but this is a huge win for Tungsten. It must be ADP surely, $14bn annual revenue would point to the company. GLOBAL HUMAN RESOURCES SOFTWARE LEADER SELECTS TUNGSTEN NETWORK FOR STREAMLINING ACCOUNTS RECEIVABLE Tungsten Corporation plc (AIM: TUNG), a leading provider of digital financial management and software solutions, has been selected by a global human resources software leader ("the Customer"), whose turnover is $14bn, to support its new e-invoicing initiative in Europe and the U.S., with over 650K invoices in scope, underlining the growing momentum of customer's taking Tungsten's Total AR solution. The Customer's 16 European entities will use Tungsten's Total AR solution to streamline and digitise its accounts receivable processes. In the U.S., the solution will allow the Customer to send invoices to its customers via the Tungsten Network, eliminating manual invoice entry systems. Anticipated benefits include productivity gains via process standardisation, resource efficiencies, and new operational capabilities. The Customer is one of the largest global automated payroll providers, whose solutions are used by some of the biggest companies in the world. This deal will see Tungsten implement their Total AR solution for the Customer in the U.S. and Europe.
andrewdbl: 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]
westham2017: 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...
cc2014: The share price reaction seems a bit harsh.
edwardt: i have re-read this again - can someone in plain english explain why coupa would share clients with tungsten? thanks!
andrewdbl: First in in '14 out early '19 (stonking loss - my biggest) Still a client list to die for Still not able to implement quickly and cheaply Still hoping to make money from non-core activities Still burning cash Still have a soft spot for TUNG. It always felt like it would come good next year. Said this every year since '14. Nothing much has changed. Except that TW forecasts TUNG to run out of cash about Aug 21.
zinzanno8: There is no prospect of a catalyst to drive the share price? The FY21 outlook is just more of the same dependent on COVID impact...I was looking for a strategy around how to grow the business i.e acquisitions. The current model is not going to move the valuation of the business to a PE of around 5-6?
corrientes: Has disappointed for so long now, that nobody putting any faith in the company, but in these times, the revenue should increase substantially, and if fixed costs come down, then who knows what might happen to the share price, says he hopefully.
corrientes: This thread is very quiet as have been the company share movements recently. I would have thought that with centralised invoicing in abeyance at this time, and maybe more than temporarily,the increased sales volumes falling into TUNG'S lap would have been been recognised. Maybe there have been too many disappointments here for anyone to take any notice of any possible benefits accruing to the company or of anything emanating from the company itself,or maybe any increased volumes are just too small to have any impact. Still new broom sweeps clean, personnel wise, and the quarterly figures may now be due, We'll see.
pkarnezis: " a redefined Tungsten in pole position to deliver accelerating growth." If I had a pound for every time TUNG wrote this in its updates...
Tungsten share price data is direct from the London Stock Exchange
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