Investing money

coolsurfer · 10 Apr 2015 at 15:18

dowie said:
My point was basically that it is better to just scratch a trade and move on if it doesn't go your way(in that instance who cares if it is a great company or not it is the market that matters). Or if it is a long term view then why worry about a short term drop after some analysis you think is wrong, if it is a sold company you're invested in for the next few years then what does it matter.

I agree with you. This forum is hardly advfn, LSE, III or Fool. Can one not comment on short term drops if one is investing for the long term? Sure I agree it's all noise if you are an investor (this is a five year one for me). Nonetheless you cannot deny how interesting investing can be and part of the fun of investing is discussing or sharing ones emotions about what is going on. Tung has 9% shorts and a blog full of inaccuracies was enough to temporarily decimate it. PI's got cold feet en mass. Stop's were busted and the hedgefunds took PI's lunch money. Surely it warrant's some level of discussion and if anything my sharing of my thoughts is informative to some in such that hedgefunds and city analysts don't always get things right. Tom Winnifrith and Lucien Miers placed shorts around 150p or around that. Well the so called hedgefunds, bloggers, analysts have got there trades wrong so far! That is what I was discussing. Again I agree it's all meaningless (long term) but it takes away the fun if we can't discuss it, or people like you make assumptions about people. My average price is 129p based on including profits from another stock reinvested in LSE:TUNG since I funded a few ISA's in November last year. So I'm not doing too bad, I'm enjoying the game. The city vs the humble PI ;-)

It can get emotional but it's all part of the fun. The day I'll stop getting emotional is however when I am diversified in 8-10 stocks ETF's, Gold and many more than the one BTL I am already in the middle of buying.

mid_gen · 10 Apr 2015 at 15:37

coolsurfer said:
Many nations are mandating the use of electronic invoicing and I have no doubt this will also be the case in markets such as the UK, USA and Continental Europe. The key is going to compliance, regulation and ease of use. Tungsten takes care of all of those and also has none of the caveats of traditional financing. It is now a bank too and can use its banking status to update customers on new bank account details. It also gives them credibility and makes them a regulated entity. It has influenced governments and they have excellent buyers on their books and a growing supplier base. Call it hype but they could easily do $500billion plus over the network over the next few years and if they financed just a small percentage of that lets say 5% so $25billion, lets use a crappy net interest margin of 1%. Thats $250million in fees, on a 20x multiple, more than enough to make it £billion plus market cap (£33 a share on my math).

Tell me what I'm missing?

Picking margin numbers out of the air doesn't strengthen your case

But anyway, what you're missing is that none of what you just described is new, or revolutionary.

https://www.jpmorgan.com/pages/cib/trade/supply

streamlining the payables process while providing suppliers with the option to receive early payment.

If even the shoddy TSS website that hasn't been updated in years has beaten them to it, you're not onto a winner.

thep02 · 10 Apr 2015 at 15:40

I wouldn't put any money in hsbc they've just had a 700+ million bail demand from the Swiss, re their criminal tax evaision which has been radically ramped up in courts around the world, imho it will shortly be broken up.

coolsurfer · 10 Apr 2015 at 15:40

mid_gen said:
Picking margin numbers out of the air doesn't strengthen your case But anyway, what you're missing is that none of what you just described is new, or revolutionary.

https://www.jpmorgan.com/pages/cib/trade/supply

If even the shoddy TSS website that hasn't been updated in years has beaten them to it, you're not onto a winner.

Did you miss that part where I said "Tungsten offers finance but with none of the caveats of traditional invoice factoring"?

I'm not saying its revolutionary, I'm saying the offering is much better and the least costly than the rest of the market. I am also saying that the scale of the offering will be huge and hence thats the bet. Financing on a global scale of billions = £100's of millions in profit. It will be important to the economies globally, the green button will remain switched on during recession's when even the bigger players didn't even want to lend. You miss the point, the Bank of England came to them to see how they will ensure business's will continually get finance. Tungsten is the realisation of that proposition. Think stickyness, if a buyer uses Tungsten Network, the suppliers will be forced to follow and then be ambused with a better finance offering. For the buyers the quality of the e-invoicing offering and Docusphere AP automation SAAS is that good. Seamlessly connects with all the major ERP systems (JD Edwards etc). They also get analytics to save costs. For the suppliers the invoice status service gives them the peace of mind that invoices have been processed and approved to pay. Saves administration costs and wasted phone calls. Then there's the easiest to use/cheapest financing offering available in the whole market.

Besides, I'd back a private equity guy who has track record making millions and presented a brilliantly executed strategy any day over taking advice from someone who can't even give me a better rebuttal than "it already exists" or "your not on a winner". If you already helped designed software for a factoring firm I'd expect some much more intelligent comments to be fair. I can take a solid debate as to why it won't be a success but this isn't what I'm getting from you. It's all noise to me.

The most cost effective ways to access cash for working capital
http://www.tungsten-network.com/blo...tive-ways-to-access-cash-for-working-capital/

coolsurfer · 10 Apr 2015 at 15:56

I'll make this my final post on the matter as I think we've detracted the thread enough already. Will continue to discuss on other investment forums. I wish everyone luck and maybe in a few years we can look back and discuss again. Good fortune everyone.

Spook187 · 10 Apr 2015 at 18:46

This thread just reminds me of this, the Dooky scene.