Concurrent Technologies Share Discussion Threads

[tp100] 03/10/2007 14:45

i think this is a buying opportunity. Picked up 10k at 31p.

Cash on deposit. No debt. Sales delayed so growth actually still on track. Bid target as only UK player left after takeover of Radstone - if not, it will be a bidder itself. Share buybacks...likely later today I suspect! M Cap now only £22m.

Interesting times.

[nickcduk] 19/9/2007 08:20

I think your reading a different set of results to the rest of us. They are going to fall materially below forecasts for the current year. Broker downgrades likely for next year and they mention tough trading. Positives are few and far between. In current market conditions the shares are likely to fall. ITK is a better business and put out a bullish trading statement and yet trades on less than 10 times earnings.

[neguss3] 19/9/2007 08:17

A good set of results of you read it all they stand to make more than last year profit divi is up new market found to me its one to hold and buy more if the price falls

[jailbird] 19/9/2007 07:37

fundamentally sound company

very results again...and full year will be good too.
However they will not make more than last year due to delays.



Outlook

The second half of 2007 has started well although due to their own market
conditions, a few customers have experienced delays during 2007. These delays
coupled with customers migrating to our dual-core processing products means
that we do not anticipate that the year as a whole will surpass last year's
excellent performance.

[neguss3] 11/9/2007 21:04

SO NOW WE KNOW ITS THE 19th

[jacksona] 11/9/2007 11:20

2006 interims were 12/9, so any day now. They didn't issue a 'notice of results' prior to release.

[neguss3] 11/9/2007 10:59

when are results due anyone knows must be soon

[neguss3] 31/8/2007 18:32

more to come next week i think

[tp100] 31/8/2007 14:19

it was only a matter of time, another tick up.

[tp100] 28/8/2007 15:14

nice price action on a bad day, up to 41-43.5p.

[tp100] 24/8/2007 13:44

there she goes again, up to 40-43p.


...and again to 40.5p-43p after a 25k purchase

[tp100] 24/8/2007 12:06

50p+ is a fair valuation and likely in September but another tip or bid speculation and the share price could indeed go 60p+. The company has lots of cash so significant buybacks would also help our cause. Easily my favourite share at the moment.

[neguss3] 24/8/2007 11:38

Robbo might take another year to reach that but who knows best of luclk to all holders

[robbo 44] 24/8/2007 11:33

I need this to get back to 61p just to break even. Brought back in 2000.
Had such high hopes for this at the time. (never mind).

[neguss3] 24/8/2007 11:30

IF we get a good set of results what do you think the share price will be i am looking at around 50p plus

[tp100] 24/8/2007 11:29

now 3 vs 1 so another move higher looks likely.

[tp100] 24/8/2007 11:23

Yes also have clients with SUN but CNC looks more solid in my view. The buy backs were pretty pathetic last year and I certainly will lobby for them to be much more significant this year.

We know the valuation is very conservatve for a growing company but I think it is also a serious bid target following the takeover of its peer, Radstone Tech. The loser, an Italian company called Eurotech, must surely be considering it.

If not, with £5m cash, CNC will go shopping itself.

September 19, 2006

Radstone accepts takeover bid

Radstone Technology said that it had agreed to be bought by GE Fanuc Embedded Systems in a deal that values the British software maker at £130.4 million, trumping a rival bid by Eurotech, of Italy. GE Fanuc will pay 410p a share in cash.
The offer represents a premium of 52 per cent on Radstone's closing share price on August 17, when it received an offer from Eurotech that represented a premium of about 13 per cent.

[jacksona] 24/8/2007 11:10

Neguss - holding both for way longer than I care to admit to on here, of the 2 I think CNC's real world potential is greater with established pipelines, no debt and that rare beast of being a hi-tech company who pay a (modest) divi.

Sun on the other hand are venturing in to new geographic areas for them which could be very fruitful.

Luck to all

[neguss3] 24/8/2007 10:52

This board in never busy still a great buy imo think results were 12/09 last year i wonder if CNC wiil be buying more of their own shares this year and if the divi will go up by th way another great buy at the moment is SUN its a long term hold but a great one to hold have a look

[tp100] 24/8/2007 09:56

let me guess, this board will be busy after CNC has gone up another 20%.

Up again to 40-42p.

[tp100] 23/8/2007 15:28

and there we go,now 39p-42p any idea when results expected? I think they are early/mid september but no exact date.

[tp100] 23/8/2007 15:04

now 3 vs 1 so another move upward looks likely.

[neguss3] 22/8/2007 15:43

Looking a great buy at the moment i agree

[tp100] 22/8/2007 11:25

shares look far too cheap ahead of the results so I have been buying today.

£5m cash, dividend paying, fast growing but a P/E of only just over 10 at market cap of £29m.