Concurrent Technologies Share Discussion Threads

[battlebus2] 03/4/2015 16:35

Glenn Fawcett CEO of CNC gets a mention in the Lord Lee column in the F.T.

[battlebus2] 31/3/2015 14:51

Yes all looking very positive Hastings..lots of value to be had buying at the current share price.

[hastings] 31/3/2015 14:16

Cheers BB, two further Director purchases have been made, while Gevais Williams (Miton/Diverse Income) has now upped to 14%.
Looking pretty positive.

[battlebus2] 30/3/2015 15:18

Director Glenn Facett buys 8440 shares today..

[battlebus2] 30/3/2015 11:42

Diverse increasing their stake.

[battlebus2] 30/3/2015 08:52

Another excellent piece Hastings which sums it up nicely...

[hastings] 30/3/2015 08:42

A few thoughts that may be of interest.

[battlebus2] 30/3/2015 08:40

Given the license issue has been somewhat solved i'd expect trading for the whole of 2015/16 to be much improved..

[battlebus2] 27/3/2015 15:34

Good to see a tick up, should be trading at 50p on yesterday's improved results imv.

[battlebus2] 26/3/2015 12:04

Bought a few times today on the back of what i believe are much improved results..but as ever dyor etc..

[bdroop] 27/2/2015 20:31

Think it's dividend related....I don't hold here but saw something about not paying an interim or something similar ( although annual dividends are in line ) so maybe some folks saw it as time to sit out? I need to look more deeply myself. Launched a couple more products recently so will stay on my watch list.

[mctmct] 27/2/2015 16:22

What's happened here? Why has the share price fallen off a cliff in the last few days?

[investali] 15/12/2014 17:33

Shipping the updated rugged board announced today, pleased the market today.


Ali.

[investali] 22/10/2014 17:42

Well I did say these were going a lot higher baby!!!!!

Ali.

[jacksona] 22/10/2014 13:48

Close to a 20% rise in just a few days with no news or results imminent and the usual small volume.

Anyone care to explain ??

[investali] 06/10/2014 18:36

Given the current market malaise what a stonker of a performance we have at Concurrent Techno!!

Ali.

[investali] 06/9/2014 10:13

Going a lot higher baby.

[mctmct] 26/8/2014 19:39

Ali

I think it's always worth listening to the bear arguments with an
open mind, don't you? Otherwise you're gambling, not investing.

I'm concerned because

(a) CNC has very high intangible assets: £5,845,981, so
there's a big amortisation charge in the half-year: £588,056.
That's going to continue every period.
(b) CNC spent more this half year on Purchases of intangible
assets: £966,532
It's not clear what this is but it might be capitalised R&D. If
so, I disagree with the accounting policies because, if R&D is
likely to continue to be necessary, it should be treated as a
normal business expense and put through the P&L. So (on that
basis) CNC is loss-making.
c) it's a good dividend, but it's only half covered by earnings, so
half the dividend is actually a return of shareholder capital,
reducing the value of the company. I don't like being paid with my
own money.

(d) the PE should only be justified if the company is growing
strongly. It isn't.

(e) CNC has known for months that the export license position was
likely to be largely solved, so why haven't they got a backlog of
orders to announce?

Being in a company priced for growth, with a weakening balance
sheet (though a strong one at the moment) and very little
liquidity, makes me nervous. I think there are shares around that
have a better ratio of risk/reward.

If you disagree, then I wish you luck (sincerely). Please put in a
decent sized purchase order so that the MMs will take my remaining
shares tomorrow.

mct

[investali] 26/8/2014 17:47

Why sell you prune, great numbers.

Ali.

[mctmct] 26/8/2014 12:28

I can't get a quote to sell even 5000 at the moment. The "market makers" should be reported to the advertising standards authority.

The most they will take is 1000.

Small Caps - no liquidity when you want it. They may as well not bother to maintain a listing.

[mctmct] 26/8/2014 09:22

Today's statement looks like a mild profit warning to me.

What are the intangible assets on the Balance Sheet? In particular, what did they buy this half-year?

[mctmct] 19/8/2014 17:06

interims on 26 August should add clarity.

It's a sign of a well-managed company that the results are reported promptly after the period end.

[investali] 25/7/2014 22:59

Blue today

Ali.

[investali] 20/7/2014 21:32

Yes thank you mcmtm.
Happy to see CNC holding firm in these trying times.

Here's hoping the exports will improve profitability.

Ali.

[mctmct] 02/7/2014 09:36

Investali (post #207) Yesterday's RNS ansers your question about export controls.

mct