Concurrent Technologies Share Discussion Threads

[scumdog] 08/3/2006 09:52

Nice one Captain!

[james t kirk] 08/3/2006 07:59

I know there's two threads already, but I like to see the full charts so here's another one if you want to use it? I've added the latest news too.

[james t kirk] 07/3/2006 17:04

Looks like there was a 50k buy which brought the share back to life. I can't imagine anyone could sell 50k at 27p when small sells were below bid and we know the trade was mid-afternoon by the matching x trade from the broker who clearly didn't have the stock. All makes the fall seem like a massive shake.

[james t kirk] 07/3/2006 16:38

I'm sure either Shares Mag or IC will pick up on the rsults this week, with a buy recommendation - the figures by many standards are excellent, but the share appears to be illiquid and sensitive to small buying and selling pressure.

Long term this is a no-brainer if they continue with the current growth levels, especially with 0.75p dividend which is about a 2.6% yield - worthy of large cap company.

[jailbird] 07/3/2006 16:13

just bounced @ the 9MA support

[jailbird] 07/3/2006 16:11

looks like a decent may have gone thru..both sides moved up together

[james t kirk] 07/3/2006 16:10

This thread is better has some charts on it..

[jailbird] 07/3/2006 15:45

yep,

MMs just moved up the asking price...this is the price around pre-results.
I hope to see this move backup next week.All T+10ers will have closed ny end of this week.

[james t kirk] 07/3/2006 15:29

It's just been small sells for the last two days and the share has been hammered, I'm looking to top up but waiting for results on a couple of other stocks when I might sell.

edit - just wish I hadn't bought last week and waited for results, although I probably would have piled in at 32p and then lost even more on paper.

[jailbird] 07/3/2006 14:35

dd,

maybe but maybe they have enough to sell back now and happy to offer that price.
They will need to balance their books..max buy limit 15k @28.25p though

[ddraig] 07/3/2006 14:33

Nice, just got 4000 @ 27.75p.

Guess that means there are still big sellers around though.

[neguss3] 07/3/2006 13:45

Guys have a look at INT looks good for a hike in price

[a1canary] 07/3/2006 12:35

dead right quotes, the mm's have been exploiting this shamelessly for years. if you do want a "safe" way in to china watch the clock, LDC is the way to go.

there should be some good press for cnc in the coming weeks follwing these results. one thing though, the p/e on 1.59 eps is around 17, so at 32p the rating's going to be quite high. forward multiple should be pretty good though.

[watch the clock] 07/3/2006 10:57

thanks quotes iam in for the long run people are clambering to get into china i see this as my opportunity .

[quotes_4_u] 07/3/2006 10:44

Dont get me wrong i thought the results were brilliant
as well but i'm looking at the trades and it looks like
you cannot sell anything reasonable without getting ripped
off by the mm's, look at that 20k get only 26p, shame we
could not buy at that price.

[scumdog] 07/3/2006 10:42

oh well bought too soon - should've waited for the retrace to take hold.
Still, shouldn't detract from the fundamentals which are good IMO.

[watch the clock] 07/3/2006 10:41

spot on habayyut

[habayyut] 07/3/2006 10:24

quotes

this imho is an accumlate stock, as the news was very good, i can still see multiples of this price in time, probably in next 12-18 months.

cant see much more downside to this, we are merely seeing T traders exit. nothing major

[watch the clock] 07/3/2006 10:23

alcanary i got out of eme last week got in on this .i paid 32.50 for the first lot every time its gone down a point i have added more if it keeps going down thats fine by me . wait until they get sick oil they will be back .

[quotes_4_u] 07/3/2006 10:21

When i sold at 32p i never thought it would drop to 27p bid.
I thought it might pull back on the usually drop after the initial
rise on results theory as you state a1canary.

It's now 27.75p mid price to buy for 15k which is very tempting
to buy back in, why are Evo offering stock at mid price though ?

[a1canary] 07/3/2006 10:14

for goodness sake! i think people are just playing this because it has always exhibited such a fine example of the pre results rally followed by major retrace on profit taking. so it has become self perpetuating. but now investors have a real reason to stay put.
seems we're gonna have to ride out a storm to shake these shorters.

[james t kirk] 06/3/2006 19:34

nice summary a1canary, that about sums up what I feel about this share and I'm a newbie..