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I've never read Microsoft terms and conditions before and I have no intention of ever reading them. I read Rick's article. It was well written and interesting, I thought, but no-one expects you to read that, if you find it boring or too long. ATB

Chen, that is an excellent article. I hope all TUNG investors read that.

Thom, ask yourself what you would do if the price went: up to 60p up to 70p up to 80p down to 40p down to 30p A decision table. What would that tell you? It would not tell me much, tbh. No decent business gets lost from here. No buyer would change their e-invoicing, unless their supplier went bust. If we assume that TUNG will NOT go bust, then it is simply a matter of gaining new clients. TUNG's main competitor is NOT another e-invoicing company, but paper. There is a world of business out there to be won. Governments all over the world want and need e-invoicing, because with e-invoicing they have control over taxation. E-invoicing is the future of commerce. So, having said that, when the price goes to 60p, I will not sell, anticipating a fall. Likewise for 70p and 80p, where ODEY shoved in about £18m, or whatever it was. I may even stay on for dividends. Think snowballs.

Bank sold! Another milestone on the way to success! Costs reduced. Complexity reduced. Management focus increased. TUNG has had to spend heavily on beefing up the management team, updating the software platform and streamlining the overall business flow to define and assign management responsibility and accountability, BUT that gives us the ability to scale operations in a managed and measured way. Greater control, is the overall impression I get. Next milestone - EBITDA positive on a monthly basis, sometime in calendar 2017.

BS76, that 6.5m is very good news. No long term future in shorting a company that will be ebitda positive at a month of their choosing in 2017, and moving into profit in 2018, once financing is ramped up. I've tried get rich quick schemes, as per twitter ramps. It doesn't work. Get rich slowly, but get very, very rich.

2m bought. By the time you have the facts and figures to justify 80p, the sp will be £1+. That is how the market works, dear posters. That is why the Artemis of the world make mega bucks, while most pi's lose.

Well, that is true, but they had the £3m downpayment and a backup plan to get the assets out of the bank, so I was never worried. Just shorting here. They will buy back at some point, so may as well dripfeed cash into here, while the price is artificially lowered. I was buying at 70p, so I'm certainly buying in low 50's, as I was in the mid 40's. The Accumulation Phase.

Well, we have known about the bank sale for months, so I don't expect additional uplift from that. Directors are buying and I'm still adding. This will move in a major way, WHEN shorts close in a major way. Lots of fast moving alternative stocks out there - just look at twitter to get the latest pumps, as there is a new one along every week or so. TUNG is unloved by the market, for the moment, but when that changes, it will stay changed.

Rise!

I have to admit, I only listened to this once, the call dropped and I never went back to it. Marketing speak, I presume. How can they get invoice details for prospective clients? Email IR?

No, I got that wrong! The £54k buy from 14th Dec. Mr Parker's buy was on the 19th Dec.

Nice to see another buy from Nick Parker. I was 99% sure last Weds that it was a director buy, but only 90% confident that it was Mr Parker. Can't see this short going anywhere. There are enough confident buyers to snipe any low prices. Don't know who they think is going to sell at this level. GLA

Ah well, there;s always someone trying to pinch your scone. At least someone was happy to buy the million! I'm skint until after Christmas, but I suppose I will start drip-feeding buys then. I can't beat the shorters, so I may as well pick up some cut-price shares, before they start closing. I was never going to sell under 80p anyway.

A year and a half ago, TUNG placed £15m of shares at 80p. They were predicting £20m FY revenues, with 173 buyers and 181,000 suppliers, compared to £30m, 178 buyers and over 120,000 suppliers. We also have new products in the market. Is the company better value now, or worse?

I expect to see a director purchase RNS.

Burnt, I think its a little early to give details on your three points, especially the Payoneer offering. I expect the Siemens and Apples of this world will take a bit of selling to, but once they are in, they will stay in, like the rest of TUNG's products.

bgw1970, agreed. Nothing fudged or opaque here. Rock solid progress and just as importantly, being measured and managed. When we win customers, they stay won. You can see that by they way their pricing has increased to realistic levels on renewal. They now have the currency conversion product with Payoneer which adds value to existing customers. "With a stronger customer proposition, improved funding structure and the right leaders, our expectations for developing a successful invoice financing business are high." Very happ with progress! GLA

bgw, it just your common or garden shorters. IMO, the price says nothing. As andrewdbl pointed out a while back, once TUNG has its feet under the table, nothing will oust them - very sticky, as he puts it. Now costs have been cut, old services extended and new services added. Bank complexity removed and cash returned. It is just a matter of time. Shorters have to buy back at some point, so I will be drip feeding when I realise some cash. Can't come soon enough for me!

Pokerchips Obviously not. I just gave the link I had. Still takes one click, regardless of the length, but I take full responsibility for my post and accept your criticism graciously.

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