We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Concurrent Technologies Plc | LSE:CNC | London | Ordinary Share | GB0002183191 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.00 | 1.06% | 95.00 | 94.00 | 96.00 | 96.50 | 94.00 | 94.00 | 238,838 | 13:12:27 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Printed Circuit Boards | 18.28M | 987k | 0.0115 | 82.61 | 81.36M |
Date | Subject | Author | Discuss |
---|---|---|---|
19/7/2023 10:30 | I did drop Miles an email congratulating him on sorting this out and effectively turning the company around in two very difficult years of rectifying some ‘out of date accountancy ‘ and disrupted supply chain. Someone on Stockopedia suggested that there was a danger that another company could replicate what CnC do. I think most people would recognise it’s called competition, something every company in every sector deals with! Never ceases to amaze me some of the comments. Miles did mention that the supply chain issue was not fully resolved but due to their foresight of spending the cash on stock, some of that outlay should add to rebalancing the cash pile in due course. | earwacks | |
18/7/2023 16:35 | If price can move and stay above 80p it could make a run to 100p where there's the next line of resistance. Monthly five year chart: free stock charts from uk.advfn.com | simon gordon | |
18/7/2023 05:39 | That was one of my worries that the cost of all the additional hires didn’t result in profitable sales conversion. Great to see it happening and should be a flywheel effect going forward. | deanowls | |
17/7/2023 18:47 | Hastings, And that the brand new sales team have got so many design win tenders at such an early stage in their employment: SALES & BUSINESS DEVELOPMENT -Richmond Davies, Commercial Director: appointed 1/23. Came from Capita. -Ian Keene, International Sales Manager: appointed 11/22. Came from Enovation Controls. -Jonathan Shaw, UK Sales Manager: appointed 9/22. Came from Abaco Systems Ltd. -Andy Conway, Head of Sales: appointed 6/22 - Came from Recab. -Tim Tipton, Executive Vice President Business Development and Sales: appointed 2/22. Came from Abaco Systems Inc. | simon gordon | |
17/7/2023 17:03 | Cenkos EPS forecasts: -2023 = 4.71p -2024 = 5.25p -2025 = 7.07p Next news flow: -AGM: 24th August -Interims: 19th September Potential upside surprises: -Multi million pound order from one or more of the >20 design win tenders -Earnings enhancing bolt-on acquisition Cenkos - 17/7/23: Order intake continues to grow and a medium-term book to bill ratio target of 1 could see a substantial uplift in revenue and profitability versus our current forecasts. Our conservative forecast upgrade for FY23E shows the operational gearing impact of revenues increasing faster than the settled operating cost base. Revenue outperformance versus our forecasts would have a correspondingly larger outperformance on profitability. In our view, our FY24E and FY25E forecasts are conservative but still show Concurrent Technologies generating levels of revenue and profitability well ahead of levels the business has delivered previously. We believe Concurrent presents investors with a compelling investment case and a significant growth opportunity. | simon gordon | |
17/7/2023 11:14 | I bought this am based on that rns. Surprisingly little comment | hybrasil | |
17/7/2023 08:50 | I like the confidence being expressed - "We are at an inflection point...we will enter a period of growth" which is now being demonstrated in the numbers. I suspect once working capital normalises in H2 they will be looking to complete a small acquisition in the US to accelerate growth even more. | valhamos | |
17/7/2023 08:35 | Great news! | gswredland | |
17/7/2023 07:24 | Indeed. Broker ups EPS to 4.7p from 3.65p. | hastings | |
17/7/2023 07:14 | As promised. More regular updates. I million first half profit, record order book and forecast revenue slightly ahead, looks like growth to me. And the share price? Anyones guess. | earwacks | |
17/7/2023 07:10 | Excellent update and geared for growth with revenue forecast to be slightly ahead but profit materially ahead of expectations. | hastings | |
17/7/2023 07:08 | Great set of interims ! Post-Close Trading Update Concurrent Technologies is pleased to announce a trading update for the six months to 30 June 2023. Based on its unaudited management accounts for H1 FY23, the Company expects to report revenue of approximately £12M (H1 FY22: £7.4M) and profit before tax of approximately £1M (H1 FY22: £0.1M). This represents record first half revenues for the business and an increase of 60% compared to the equivalent prior year period. The business is now operationally geared for a higher revenue outturn and is well positioned for future growth. Order intake remains strong with H1 FY23 intake of £14.5M and an order backlog, as at 30 June 2023, of approximately £29M. Global supply chain shortages continued to suppress revenues in H1 FY23; however, the current position is very different to January 2023 and, whilst supply chains have not returned to historical norms, they are much more favourable and continue to improve. In recent weeks, the Company has taken significant deliveries of previously supply-restricted components and is seeing improved forecasts from suppliers for both schedules and quantities. The revenue profile across H1 FY23 reflects this, with monthly revenues improving throughout the period. Accordingly, cash management remained a focus for the Company during H1 FY23 and working capital employed in the business remained higher than would be typically required. It is expected that this position will begin to reduce across the second half of the year, with potentially stronger revenues, and the unwinding of the inventory holdings that have been established to date. The Board believes that the Company is in line to deliver revenues slightly ahead of current market expectations and profit before tax materially ahead of market expectations. | masurenguy | |
14/7/2023 13:10 | Looks like they might be gearing up for more shifts. Victoria Middleton, People Director, on LinkedIn - 14/7/23 ANNNNNDDDDD here we go again! 🚀 Our buzzing Operations team at Concurrent Technologies Plc is on the lookout for more people to join their manufacturing team 🐝 We have: ⭐Test Technicians ⭐Mechanical Assemblers ⭐Production Operators ⭐Process Engineers | simon gordon | |
12/7/2023 10:52 | Leadership of the engineering team came together last week for a two day workshop. Looks to be a good blend of youth and experience. "𝘈𝘴 𝘢𝘯 𝘌𝘯 𝘚𝘱 -Nigel Jowitt, Director of Engineering | simon gordon | |
11/7/2023 20:09 | Interesting piece on Semis, Intel mentioned: Noah Smith - 11/7/23 Interview: Chris Miller, historian and author of "Chip War" In which I consult an expert on the battle to control the semiconductor industry. | simon gordon | |
10/7/2023 19:40 | Hastings. Thanks for your very good work. Starting to look at the company but the first hurdle for me is no one on the board has bought any shares. Is that correct. | wisecat2 | |
10/7/2023 18:32 | Worth a listen... Bloomberg - In The City podcast - 22/6/23: AlixPartners' Simon Freakley on Why Being a CEO Is Tougher Than Ever The job of chief executive is more demanding than it’s ever been. So says Simon Freakley, CEO of international business advisory firm AlixPartners. While they still have to handle the core responsibilities&mda Freakley joins this week’s In the City with David Merritt and Francine Lacqua to discuss the challenges facing top executives, including managing the ongoing, profound shifts around technology, environmental pressures and supply chains. | simon gordon | |
10/7/2023 17:15 | Good work chaps. I like Martin Flitton. He seems to ask the right questions. Interesting about Premier Miton. Funny way of being a committed investor . Maybe transferred some to a different fund? | earwacks | |
10/7/2023 16:21 | "UK valuations are now well below international norms and small company valuations are even cheaper. The AIM All-Share index has only been lower in the wake of the collapse of the technology bubble in 2000, the depths of the 2008 financial crisis and during the brief Covid-panic of March 2020." James Carthew, Citywire. | masurenguy |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions