Concurrent Technologies Share Discussion Threads

[hastings] 08/4/2021 10:05

I'm speaking with management on the day of the results and will pen something on the back of that for interest.

[scruff1] 08/4/2021 09:47

or today !

[scruff1] 07/4/2021 21:35

Held up quite well imo. Looks like quite a few decided 102 was good enough in which case they should have bailed at 104 yesterday - says he who always hits the spot :-)

[essential] 07/4/2021 08:27

The pre close trading statement was very strong and the price has been relatively subdued since then . Looking for a strong RNS and positive price action

[volvo] 06/4/2021 11:56

scruff, anyone who says the outlook for current trading is strong, whilst posting decent growth are going to get a boost atm.....and I recon thats whats coming on Monday.

[scruff1] 06/4/2021 11:33

Volvo
Yep something waved a match near the boosters -probably next weeks trading update. Why not tomorrow for trading? Am i missing summat?

[volvo] 06/4/2021 11:19

16 December 2020

Concurrent Technologies Plc

(the 'Company')

Pre-Close Trading Update

Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, announces a trading update for the year ending 31 December 2020.

Based on its unaudited management accounts for 2020, the Company confirms that it expects to report revenues and profitability ahead of market expectations with cash generation remaining strong. The Company also expects to continue the practice of paying a further interim dividend to shareholders and to pay this on or before 6th April 2021.

[volvo] 06/4/2021 11:11

Nice move, come on 120p by results next Monday, only Thursday and Friday trading days after today

[its the oxman] 02/4/2021 12:41

Difficult to call with small caps, can fly or remain undervalued longer than people can tolerate. Personally think results will be good so 120p very possible provided Nasdaq wider market stays robust.

[volvo] 02/4/2021 11:52

Maybe the results and outlook on the 12th April will be lighting the boosters, thats what ive put my hard earned on the strength off

[scruff1] 02/4/2021 11:21

Maybe but its still exactly like the one that been in at least 6 months - so its either out of date, they have had no applications or they have all left and are being re advertised. Take your pick. Either way it aint lighting the boosters and I wouldnt spend me hard earned on the strength of it

[volvo] 02/4/2021 07:57

scruff its on the website and seems live.

[scruff1] 01/4/2021 21:19

Volvo
Thats an old job advert - last years. Either that or they either cant attract em or cant keep em. Or you are doing a bit of ramping

[volvo] 01/4/2021 15:48

Topped up this week, looking for 120p post results

[scruff1] 31/3/2021 10:52

Forgot to include - a couple of new products but again nothing game changing

[scruff1] 31/3/2021 10:50

1st newsletter of 2021. Not a lot of excitement.
CNC is a member of SOSA. CNC expects to submit products to be certified by a new standard by the end of 2021
CNC has been included in two stories in leading publications
1. Military Systems and Technology - include CNC's VME Solutions p 24-25
2. Manufacturing Today - An article by Jane Annear about CNCs manufacturing and development strategies and vision moving forward p52-54 cont p56-57

Cant see it turning on any boosters but its here anyway

[scruff1] 29/3/2021 21:37

I agree with you both 530 +531
It would be good to get some real beefy news.
maybe the changes in defence priorities to more hi tech will be of advantage to CNC.
Like someone said before you dont worry about the share price but just wish it could get a bit of a move on

[wednesday6] 29/3/2021 18:39

Well put earwacks, it would be nice to get more info and probably the reason why the share price has been static however the increase on defence spend and 5g roll out can only be positive for concurrent.

[earwacks] 29/3/2021 17:46

Pretty much told us the results in update on 16/12/2020.
Based on its unaudited management accounts for 2020, the Company confirms that it expects to report revenues and profitability ahead of market expectations with cash generation remaining strong. The Company also expects to continue the practice of paying a further interim dividend to shareholders and to pay this on or before 6th April 2021.
I don't know quite why they do that. You are right that we don't get much of a breakdown in the nuts and bolts. like an Ai project going particularly well, or how lucrative their partnership is with the 5g company who buys their boards. So long as the balance sheet stays strong, revenues and cash generation grow I suppose we should be grateful for that , but no growth in the share price over the last 12 months is disappointing, apart from after the blip last march when it hit 60p, but I don't really count that . that was just a paranoid market, and I did buy quite a few then, and kept adding all year. Hoping one day some body wit deep pockets will decide its too cheap, which it probably isn't on current performance, unless Ai lifts off to make a big difference

[scruff1] 26/3/2021 22:31

Results 12 April. Hopefully positive considering the year but dont expect to be rocket boosting. Dont know how others feel? We havent really had much in the way of news over the year. Steady as she goes is best we can hope for imo

[gswredland] 17/3/2021 07:54

Thanks scruff

[scepticalinvestor] 16/3/2021 15:40

rather large sale there...