Concurrent Technologies Share Discussion Threads

[valhamos] 10/12/2024 15:57

Cheers, Simon. It looks an exciting development, software is often the hardest part to get right and I think Miles said that more and more resources were being devoted to systems software. Parry Labs looks as though it has similar revenue to CNC and its valuation based on a recent fund raise appears to be twice the size as CNC.

[igoe104] 10/12/2024 15:57

Cheers Simon.

More details below..

[simon gordon] 10/12/2024 15:08

PR Newswire - 9/12/24:

Parry Labs and Concurrent Enter Non-Exclusive Partnership to Deliver Modular, SOSA-Aligned Defense Solutions

[philly cheesesteak] 10/12/2024 09:32

Shares moved from 122p on 11th November to 152p on 14th, driven by the new contract, Leon Boros talking them up on VOX & the release of their fantastic PI World video. They then cooled off back to 142p before bouncing to new highs from the 20th on low volume. I'd hardly call a 7% rise a spike.

All exposure is positive for a small cap like CNC, it means that when dips happen new investors are ready to buy in. Today being a case in point.

[igoe104] 09/12/2024 22:14

I didn't go to mello, but what I was told Gervais Williams talked CNC up in a presentation.

Share spiked over 10p from 20th to 25 November. 3 trsding days, But have been sold off since...

[philly cheesesteak] 09/12/2024 20:28

Who talked it up at Mello? Shares broke out after the large contract win on 11th November and had 3 consecutive 900k volume days. Mello wasn't until the 20th, so I don't think that was the cause of the rise. It's just repeating the same pattern as September, will most likely be walked down and then rocket back up.

[igoe104] 09/12/2024 17:24

This what happens when a share is ramped/ Talked up (At Mello) It spikes up, then comes back down as traders depart. I'll rather have a steady build up, and a share under the radar...

Too many folks have no patience and are looking for a quick buck, unfortunately...

[philly cheesesteak] 09/12/2024 16:13

2.5% down on just £50k volume, compare that to the volume on the breakout last month which saw 3 consecutive days of over £1m volume. Market makers walking it back hoping to collect some cheap shares before the next news lands.

[joseph moran] 06/12/2024 14:47

Looks like nearly all sells today, but my buy is showing as a sell at 141.32, there was a few at this price.

[valhamos] 04/12/2024 09:26

Yes, an important upgrade of the existing switch to keep the systems products competitive against the likes of Curtis Wright and Amphenol.

[t-raider] 04/12/2024 09:24

Getting into a bad habit of trying to predict CNC news flow, but a week after the last product release, they advised of a major contract extension. Fingers crossed.

[melody9999] 04/12/2024 08:38

Don't often see RNS on product announcements ....so this looks a significant enhancement to the systems product set IMV.

[cockerhoop] 03/12/2024 16:03

You could argue (at the margins) that with Pension Pots losing all IHT relief that investors may now consider withdrawing funds from pensions and transferring to AIM shares to get improved IHT relief?

[valhamos] 03/12/2024 15:29

From the link: "As an AIM listed stock, Concurrent was one of a handful of indirect beneficiaries of the Autumn Budget. AIM stocks are now subject to 20% inheritance tax, compared to the 40% on main market stocks..." How can an AIM stock be a beneficiary of the Budget when its inheritance tax position is worse as a result of the Budget?

[igoe104] 03/12/2024 14:10

Best of British: Stocks to be proud of.

[igoe104] 03/12/2024 09:52

Cnc now have a USA subsidiary, like they said in a recent Investor meet, if tariffs were inforced they would run things through their subsidiary. (Phillips )

[beeezzz] 03/12/2024 08:45

USA rely on RR for their new B52 bomber engines, so unlikely to be much impact on UK..will remain resprical..

[hastings] 03/12/2024 07:01

I believe the TU will be next month.

[t-raider] 02/12/2024 14:28

Still hopeful for a trading update this week, as it didn't materialise last week.

[t-raider] 29/11/2024 16:07

US putting a spanner in the works with the new DOGE thing. See BAE for a similar impact... hopefully storm in a teacup.

[philly cheesesteak] 29/11/2024 13:27

Tennis ball coming back down the last few days on low volume - and that is the key aspect here. Falls on low volume as market makers collect shares, rises on high volume driven by news, fundamentals or technicals (being oversold). Higher highs, higher lows. Healthy.

[bazworth] 27/11/2024 12:56

"Nearly there"

We're in reverse gear!!

[harrywilliam] 26/11/2024 12:40

Nearly there

[t-raider] 26/11/2024 10:34

It was 27 November when we got a trading update last year. Maybe one tomorrow ? Hope so. All looking very promising.

[philly cheesesteak] 25/11/2024 15:25

It's in a classic price discovery phase after the break out from the previous all time high. I'd bet that the vast majority of LSE investors were unaware of the transformation here, and you can do all of the shouting in the world, but the one thing which will always attract new investors is a rising share price.

Look out to 2027 and ask yourself how much growth they will achieve when the 16 major designs wins that we currently know about start to kick in. Then add in future wins & upside from the systems business + potential accretive M&A.

15p EPS would require £85m top line revenue & 20% PBT margins, I don't think they will be a million miles away from that by the time the FY27 numbers are reported & who knows, they may have exceeded those numbers by then!