Tungsten Share Discussion Threads

[andrewdbl] 19/3/2018 13:34

The year end is 30 April.
It is now 20 March.
I suspect that anyone expecting an RNS on anything will be disappointed until around 24 May.

Moving on (or rather back)

Did the Canaccord Genuity Note on 3 March contain anything interesting?

[edwardt] 16/3/2018 16:33

or did his job and then was twiddling his thumbs so was shown the door. lets remain optimistic!

[ejcj] 16/3/2018 09:39

He's not a board member so no RNS but a lot of their savings and progress were based on the delivery of new technology. Didn't deliver or spent too much?

[corrientes] 14/3/2018 22:33

That was old fashioned capitalism. This is post capitalism.They ought to rewrite the
Companies Act to make the new paradigm official.

[dollarzpounds] 14/3/2018 22:30

Virtually NOTHING warrants a rns anymore ? It's quite pathetic . Outside of the compulsory updates we are told nothing . I always thought shareholders were the owners of the company ???

[bs76] 14/3/2018 16:02

I couldn't find any update. https://uk.linkedin.com/in/bproffitt

[edwardt] 14/3/2018 12:20

oh. i would have thought that would warrant a rns but call me old fashioned.

[ejcj] 14/3/2018 09:33

Not sure if it is a win or not but I've heard Tungsten have just got rid of their CTO.

[edwardt] 14/3/2018 09:00

anyone come across any recent account wins ... it is deadly quiet on here....

[hibberts] 07/3/2018 16:10

Thanks
Second time lucky.

[edwardt] 07/3/2018 15:57

welcome back hibberts - wish i'd had a vacation from tung too!

[bs76] 06/3/2018 17:39

Euro clear lending data

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
Jan-18 2,304,408 1.86
Feb-18 2,264,525 1.83

[hibberts] 06/3/2018 16:12

Been out of Tung for a couple of years but I have decided to buy back in things could start to get interesting in 2018.

[manics] 01/3/2018 10:46

Interesting to see The Truellmeister General floating Disruptive in CHE -after his City float experience and the "..universally without merit" smackdown.

[edwardt] 28/2/2018 17:24

my view is the one thing tung has going for it is compliance. hence the risk of fraud going via tung. trade receivable fraud has been around longer than Tom jones.

[bookbroker] 28/2/2018 16:44

I understand that 7192, it was the tone of the article I read in so far as confidence in the trade financing market had been affected within the sector in general!

[andrewdbl] 28/2/2018 11:26

bb,
reading
hxxp://webcache.googleusercontent.com/search?q=cache:-Kwu7YmW3sYJ:indianexpress.com/article/explained/punjab-national-bank-nirav-modi-fraud-how-the-system-was-gamed-5069107/+&cd=5&hl=en&ct=clnk&gl=uk

basically some credit guarantee notes got issued by the PNB, loans were made on the back of that and then the debtor disappeared.
It then turned out that the credit guarantee notes were fake or issued by rogue PNJ employees.

This has nothing to do with TUNG (for better or worse) from what I have read - though I may be wrong.

[bookbroker] 28/2/2018 08:28

Sold today on reading a report about an unfolding scandal involving Punjab National Bank and trade financing by foreign financial institutions to businesses in India, does this company not pin many of its hopes in this country!

[manics] 16/2/2018 08:00

10 points bookbroker.

[bookbroker] 15/2/2018 20:41

Odeys monthly performance since inception!

[manics] 15/2/2018 20:33

Slightly OT quiz. Any guesses as to what this is showing?

[andrewdbl] 13/2/2018 18:35

$£

"I fear they will stay schtum."

I fear you are correct,

[dollarzpounds] 13/2/2018 17:43

Thanks Andrew and EJ - in the days of Mr Truell I'm sure we would have had a rns with a fanfare fit for royalty and a standing ovation on the steps of the head office ?! HOWEVER the glaring difference between that management and this one is how quickly and thoroughly they have adopted an invisibility cloak Harry Potter would be proud of ?! One extreme to the other as with most things Tungsten !I would hope they would take the opportunity to break with convention and let us know some good news ASAP ? I fear they will stay schtum .