Concurrent Technologies Share Discussion Threads

[wednesday6] 19/11/2020 09:15

concurrents largest sector is defence accounting for 68% of their turnover so i expect it could do quite well from the governments proposed huge increase in defence spending with the creation of a new agency dedicated to artificial intelligence,the creation of a national cyber force and a new "space command"
Meanwhile after a boost of nearly GBP 1.5 billion nearlu 6 billion will be spent on military research and development including on upgrading Ariel warfare systems.

[shanksaj] 13/11/2020 15:56

Bought some more: a No Deal Brexit (which I think is certain) will prob lead to a fall in sterling which will boost profits of exporters. And I doubt any deal for around 5 years so that's a lower sterling for a few years and resultant boosted profits here.

[scruff1] 12/11/2020 21:28

Thanks for that earwacks. Interesting post

[earwacks] 12/11/2020 07:54

DO you mean Lord Lee Sleepy? Must be due a hip op.He is a keen supporter of two aimers CNC and Air as can be seen on his disclosure page bein a grace an all that don't you know.Both these stocks are subject to quite wide volatility for no good reason other than they tend to move on small trades, cnc more so. I bought originally at 19p I think, sold them a bit soon, and managed the same trick at 60p.Did quite well on that, but bought too soon again at £1. Tricky to second guess. I think my lesson here would be patience rewards. Air is pretty much the same in movements.Another stinking good company. There is a table of The Lords current holdings although not actual amounts. Has one or two duffers as well.

[sleepy] 11/11/2020 21:15

Thank you vprt. No failed attempt at humour! Obviously wrongly I wondered if you might be referring to another Concurrent shareholder

[vprt] 11/11/2020 18:26

Hi @Sleepy - yes, apologies for my failed attempt at humour - I was just trying to guess what might be behind the sudden share price jump today - might have been something else.

This year, CNC was tipped/bought by Robbie Burns (who I don't know beyond reading some of his blogs) several times - specifically on 13/1, 28/1, 11/2, 17/4 and 18/6. Some of the price action this year can probably be explained by this. The website is public, but it is often not fully updated. I believe he first sends emails to his fanbase / subscribers, typically on (some) Wednesdays, and then the site is updated a day or more later. He might still be out of action after an operation.

The "Trades" page has a big table with companies and trade details listed (including the ones I mentioned for CNC), with price, target price, suggested stop loss. The "Diary" page, under the the "Markets" heading, has comments about the trades.

I check the website once in a while (whilst struggling to avoid the teenage humour, self-promotion, ramblings about TV etc) to see if his tips help explain what is going on wrt share prices in a couple of my companies. So this is NOT a recommendation! hxxps://www.nakedtrader.co.uk

[wednesday6] 11/11/2020 17:17

He is referring to the naked trader.
That would give it a boost for sure...

[sleepy] 11/11/2020 16:43

vprt- which web site are you referring to in your post above?

[scruff1] 09/11/2020 21:05

Disappointing. Would have been nice to have joined in the fun. Needs a bit of a kick :-(

[johndoe23] 05/11/2020 10:44

Hi. You're bang on about 5G/AI being the exciting ventures. I too found the interims a bit dull, this morning's RNS has piqued my interest!

[wednesday6] 05/11/2020 09:52

Although the interims were nothing spectacular there were some snippets of interest in there.
Closure of the india plant were mostly absorbed in those results which will lead to a 500k saving a year from next year.
Same profit but on less turnover With increased profit margins which is positive with a record order book.
Trading strong and expect to meet market expectations, throw in their new products,dividend,strong cash balance and no debt it looks a very tidy company especially in todays markets.
I also reckon they will be taken out at some point.

[earwacks] 05/11/2020 09:19

I thought the interims were rather dull. Maybe its the way they tell it!The potential with Ai and 5g looks very exiting. Perhaps thats why they have been buying treasury stock for staff. It has been slow but steady and reliable company which seems at odds with the sector it is in, There again it has been a bit of a tortoise. I wouldn't have thought it was that expensive for the sector and seems to be completely ignoring its potential. As it aligns itself more with new and latest technology I keep hoping it will propel into an explosive growth stock, or at least slightly faster! Maybe it will just take a larger company to recognise the growth potential here. So worth holding for both reasons and it pays a very decent dividend too.

[scruff1] 01/11/2020 21:12

Cheers John. I agree re the AI as I can see defence taking a back seat at the moment.

[johndoe23] 01/11/2020 11:02

Hi scruff. Well, a pe of 17 is not cheap considering limited growth forecast!And interims to me were less than impressive. Only my opinion!The key for me is if the company can generate new orders, especially with their AI boards, which to me could become a big groeth driver.

[scruff1] 01/11/2020 07:44

JD
Explanation ?

[johndoe23] 30/10/2020 09:09

Even after this drop, shares still aren't cheap...

[gswredland] 30/10/2020 09:03

I think it’s just market sell off in most things

[cravencottage] 30/10/2020 09:01

What's occurring here?

Anybody got any ideas for currnt share price weakness?

[scruff1] 04/10/2020 10:17

Anyone get any reason for the hike last week?

[gswredland] 01/10/2020 14:38

That’s what I was wondering by the look of the trades

[vprt] 20/9/2020 16:49

Thanks scruff1 and wednesday6. Lots of good points - both regarding the dip and the longer term attractions. I will consider a top-up later (no rush given the negative recent trend).