Concurrent Technologies Share Discussion Threads

[ddraig] 06/3/2006 12:05

Interesting results, eps slightly above revised figures. Turnover even more above, margins improving, but scope for more. A very positive outlook, and net cash of almost 4 million (estimate was for 2.17 million borrowings - am I missing something?!). Cashflow at 1.65 million looks very good too. I did another small topup of 3000 this morning, looks good to me.

[scumdog] 06/3/2006 11:01

Excellent set of results and prospects for 2006 looking good. Reasonable value at current share price - surprised able to buy at Friday's closing price. Think these will go higher and 40p as others have mentioned seems within reach. "Jagged" graph a little offputting though. Retraces are quite deep.

[watch the clock] 06/3/2006 11:00

i got in on cnc about a week ago thought then it was a good price i now know it was . i paid 0.3250 today for more i would pay a lot more waiting for next drop and will be back in again . keep buying.

[jailbird] 06/3/2006 10:59

read the results again...really cracking figures...reads better than the first time.

[neguss3] 06/3/2006 10:07

Was looking for a lot more action with whats is very good results or have people not seen it yet like i said more like 40p a share is not over the top for this share

[habayyut] 06/3/2006 09:19

The presentations today should be interesting imho

[habayyut] 06/3/2006 09:19

i think 2006 will be the year that transforms CNC, with the results today being as good as they were the only people selling are the ones who cannot afford to hold onto the stock, due to borrowed money or t trades.

I will be holding for a 12/24 month view at lease, as everything is in place to see rapid growth in both the USA and China.

Why put in place a BD manager in beijing unless there was specific interest there.

Any orders from USA and China could really propel concurrent forward very very quickly.

Good to be in at the ground floor.

[jailbird] 06/3/2006 09:18

guys there are 2 threads on the go

[quotes_4_u] 06/3/2006 09:13

I'm sure i have bailed out too early, i sold out of Pvr last
week at 4.4p and that's a penny higher.

32p was a good price having paid 27p last week so i'm happy
with that.

I know it will go higher but i want these funds for another trade.

[habayyut] 06/3/2006 08:55

Dealit

i think 2006 will be the year that transforms CNC, with the results today being as good as they were the only people selling are the ones who cannot afford to hold onto the stock, due to borrowed money or t trades.

I will be holding for a 12/24 month view at lease, as everything is in place to see rapid growth in both the USA and China.

Why put in place a BD manager in beijing unless there was specific interest there.

Any orders from USA and China could really propel concurrent forward very very quickly.

Good to be in at the ground floor.

[james t kirk] 06/3/2006 08:39

quotes_4_u, I think you've bailed a bit early as the presentations to institutions aren't till later this morning, which could create proper buying.

[jailbird] 06/3/2006 08:34

profits takers/traders selling on news, it looks..I would hope these to move up later on.

[quotes_4_u] 06/3/2006 08:33

Cracking results H and you're on a winner long term.

I've took my profits after buying at 27p, need the funds for
trading elsewhere.

Best of luck although with this soon you wont need it.

[habayyut] 06/3/2006 08:10

james

keep hold of them as in time as cnc go up in value, bigger fish with be after stock. with such a limited free float, these will pick up very quickly throughout the year.

i will continue to add as the results are very very bullish. markets in usa and china are opening up.

[skiboy10] 06/3/2006 08:10

Habayyut - Thanks for the tip Friday on the EME thread :o)

[neguss3] 06/3/2006 08:10

40P Plus gents

[james t kirk] 06/3/2006 08:08

And you can only get 1,500 online - just did twice as small top up...

[habayyut] 06/3/2006 08:05

any any trades of significance...over nms will be reported late by an hour or two.

[skiboy10] 06/3/2006 07:49

Only WINS are open at the moment...

Great results this morning....

[james t kirk] 06/3/2006 07:47

That would be nice, it's a quiet opening but I guess if the buys start flowing, we may see 40p today? Not wanting to get too far ahead of myself. I'm also out soon for the rest of the day, so will check in when I get a chance.

[habayyut] 06/3/2006 07:36

the co presenration at 10.30 should be very good. i can see insti's will be very interested in a company doing as well as CNC.

i am expecting at least a 3 bagger from this co by y/e.

[james t kirk] 06/3/2006 07:29

Nice steady rise all week would be good, time for this company to get re-rated.

[rosethepose] 06/3/2006 07:27

Worth also mentioning that CNC have one of the hottest R&D teams in the field in the world and they have the backing of Thales. It may be a niche market but they are the leaders in the field.

[habayyut] 06/3/2006 07:19

JTK

PLUS they have 4m in bank too, all this from a company valued at circa 20m!! they are looking to expand in china hence a BD manager in beijing.:-

Financial Highlights

* Continued improvement in market conditions with 2005 turnover up 51% on
2004

* Pre-tax profit up more than 550% at £1,453,087 (2004: £214,580)

* Year end net cash £4.0m

* Gross margin improvement from 43% to 46%

* Final dividend doubled to 0.50p making a total of 0.75p for the year (2004:
0.50p)

Operating Highlights

* New robotic assembly line installed for increased capacity

* New product range launched

* Business Development Manager installed in Beijing, China

* Focus on defence and communications sectors, particularly USA

[rosethepose] 06/3/2006 07:18

Results ahead of market expectations with over 5fold increase in profits to £1.453m. Earnings per share incresed to 1.59p. Total div for year raised to 0.75p. £3.978m cash in bank and no borrowings. All good news plus prospects for 2006 bode well including strengthening presence in China.