Updates

Tungsten

February 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Tungsten has issued its results for H1 to end October but given that its Tungsten Bank only went live in November and that financing for its invoicing discounting service with Insight Investment was only agreed last month, these results are of academic interest as they include no invoice discounting income.Sales in the six months therefore comprised the software income from OB10 and amounted to £10.2m with a pretax loss of £14.8m. Unencumbered cash (excluding bank cash) was £27.7m.The number of buyers across the Tungsten Network now stands at 168 with around 171,000 suppliers. There was some significant new buyer clients in the year including Caterpillar, GE and Siemens, and four German government department ...

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Empresaria

Tungsten (December 2016)

Tungsten - Shares double since January (March 2016)

Tungsten - 70% uplift on H1 software renewal pricing (January 2016)

Tungsten (June 2015)

Tungsten (April 2015)

Tungsten (March 2015)

Tungsten - Enters into "multi billion dollar" financing (January 2015)

Tungsten - Trading ahead of expectations in first four months (October 2014)

Tungsten (September 2014)

Tungsten - GE to roll-out Tungsten into each location (June 2014)

Tungsten - Demand for e-invoicing at record high (May 2014)

Tungsten (April 2014)

Tungsten - Appoints reseller in Mexico (March 2014)

Tungsten (February 2014)

Tungsten (December 2013)

Tungsten - E-invoicing business couldwin B-I-G (November 2013)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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