Updates

Tungsten - Appoints reseller in Mexico

March 2014

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.

OB10 has signed shipping firm Estafeta as a first buyer customer in Mexico, where e-invoicing is now mandated for all Mexican companies with sales of over US$250,000. Tungsten said BuzÃ³n E, which is a subsidiary of Estafeta and one of 73 government mandated suppliers of e-invoicing, has been appointed as a reseller in the region. Meanwhile, Tungsten remains in the final furlong of completing its bank acquisition, expected this month.That should be well received but we think what will really send the shares into a frenzy will be the first takeup metrics for its invoice discounting. Keep buying . ...

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Tungsten (March 2015)

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

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

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

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

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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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