Member Info for K3VMC

Thom, RH confirmed sale expected to complete by the end of the month, so should be done by next Friday. I can't imagine that he would re-affirm that date in the middle of last month, without being sure of it. I hope not, anyway. Credibility is hard to build up, but very easily lost.

chem, remind me please, what project Edi was talking to us about at the agm?

chilt, he bought 9,600 in February. The bod was just getting on top of things then. Eight months on, with Prahbat joining them in the meantime, they are much, much more confident and relaxed about the future.

Looking good, SJ!

Nice RNS. As I posted after the AGM, the whole BOD was happy, relaxed and upbeat about the company's prospects. Ebitda is soon to be achieved, but the timing of that is under control of the bod. No need to rush things and they are prepared to make the necessary investments in the company now, for its best interests in the future. Chem posted likewise. That's one of the reasons we both were buying when the shorters dropped the price for us. I'm pleased that David Williams got in on the act as well. Once again, I have the shorters to thank. GLA

voteleave "The BoD seem to have adopted the 'keep the shareholders in the dark and dump on them' approach; as opposed to the transparency we should be getting in a public company" They are on silent, for sure. They want the sp as stable as possible, so the shorters have to work harder. As a shareholder, that suits me. I know all I need to know about TUNG. Cemented in to huge multi-nationals, heading for profit with current products and coming up with new products and customers all the time. I can see why shorters have little joy with this approach.

Well said, young man!!

Spikeyj, i thought to said "boring". I must get some new specs!

I am a very patient person. Sometimes my patience gets stretched. The only way I can cope with being locked in here, is to forget I ever bought them and worse, persuaded my missus to buy them, and just pop in every couple of months when something jars my memory! I will be delighted if any of these companies lists/relists, of course. Just not holding my breath. GLA

Was too busy to follow this today, but got another 3k in the auction. Same time tomorrow?

SpikeyJ "darn it, i appear to be in bed with a couple of contrarians." Not my idea either mate, but budge over and stop hogging the covers!

Thom "K3VMC if you are right and Edi wants his baby back, it would not be good for us. Do you think the company could go private? i afraid a manipulation is on the way" Of course manipulation is on its way. You should know! On the non-shorting side, if Mr Truell wants his baby back, he will be prepared to pay for it, so bad news for you shorters.

Good man! I was about to change to BillyNoMates! I think Mr Truell also would like his baby back.

Pokerchips, I agree the shorters are putting in a shift. I'll drop feed in my buys as and when I feel like it, so they can crack on. I guess I'm a bit of a contrarian. I used to run with the herd, but too slow to keep up. I'd rather buy now and sell when everyone is buying.

I think the bank sale will help the sp, but lots of news over the next 4-5 months, imo, so not long to wait.

Annoying, is it not? Thanks to shorters, I loaded up at 41p and got my average to 54.7p (I think). I'm overweight here, but will have just a few more, if they can serve me up some at about 55p. Read Andrew's post. He knows about this kind of business. Income in increasing, ebitda is within touching distance and there is enough news in the pipeline.

Pokerchips "David Benello bought 105k of these about this price, but what does he know, compared to the omniscient Rivingston Street Guru? " David Benello is a director of Telecom Italia and Telecom Malaysia. He spends a lot of his time in Malaysia and knows TUNG's Malaysia operations inside out. I spoke with him for a while after the agm and I can understand why the company has said that they value him highly as a NED. "It wouldnt take much effort to draw up quite a long list of BODs and NEDS who have bought shares that are currently under water.". I don't know what the relevant statistics are regarding director's purchases, but yes, when a stock is being shorted, they can be underwater for a while. "Your comments here lately havent impressed me and havent convinced me that investing in TUNG right now is partucularly a good idea.." Not my job. I simply posted regarding the relative standing of two individual. "Keep trying though" Not in my interest, to get you to buy. ATB

Pokerchips, David Benello bought 105k of these about this price, but what does he know, compared to the omniscient Rivingston Street Guru?

Andrew, I think revenue goes up over time, just on the increasing number of invoices processed. Additionally, we have the new analytics product, currency conversion and a relaxation of TEP criteria, to increase the amount funded. On top of that, they usually have about 40-50 sales leads being followed up at any one time. I guess that is why they are so confident of meaningful progress.

Pokerchips, yes you are right. They said "calendar year 2017". Thank you for the correction.