Concurrent Technologies Share Discussion Threads

[simon gordon] 30/8/2023 09:42

VITA Marketing - 28/3/23

Dreams Marketing

By Nigel Forrester, Concurrent Technologies, Plc.

A lot of progress has been made since the last Embedded Tech Trends Event to deliver MOSA solutions based on 3U VPX plug in cards. This presentation will look at a few of the key technology advancements and show how they have enabled complex solutions to be constructed much more speedily.

[simon gordon] 29/8/2023 13:06

SSTI - March 2022

President Biden’s Buy American final rule increases domestic manufacturing content requirements

This month, President Joe Biden announced the final rule of his Buy American initiative, which includes increasing the mandated U.S.-made content for federal contractors from 55 percent to 75 percent over seven years and strengthening domestic supply chains for critical goods. This final rule follows Executive Order 14005, which Biden signed during his first week in office that launched a review of existing Buy American policies and created the first Made in America Office within the Office of Management and Budget.

The final rule raises the domestic content percentage from 55 to 60 percent in October 2022, 65 percent by January 2024, and 75 percent by January 2029. This gives automakers and other federal contractors seven years to jump from 55 to 75 percent. The new rule will also allow the government to track the manufacturing trail to ensure compliance with these updated standards. These are the most expansive updates to the Buy American Act in almost 70 years.

According to a fact sheet released by The White House, the federal government spends over $600 billion annually on goods and services. The Buy American initiative supports Made in America laws that allow the U.S. to use this purchasing power to grow new industries domestically while continuing to promote international supply chains. By raising the domestic content threshold, the administration hopes to create more opportunities for small- and medium-sized manufacturers throughout the nation.

The Small Business Administration’s new manufacturing office within its federal contracting division and the Hollings Manufacturing Extension Partnership will support these efforts to develop American sources for federal government needs.

[simon gordon] 25/8/2023 17:21

FT - 25/8/23

So what about Britain’s small- and mid-cap companies? Here, things start to look a lot more attractive. As Panmure Gordon’s Simon French pointed out in a recent note, the UK’s recent Mansion House compact “has set in motion those rarest of things — an expectation of structural inflows into [smaller UK equities]”

Under that agreement, nine UK managers of defined contribution (DC) pensions funds (about two-thirds of the DC market) will aim to put 5 per cent of their funds into unlisted equities — that is, those off the London Stock Exchange’s main market — by the end of the decade. Material progress is expected (by the government, at least) in the next 12 months.

Assuming this project survives the likely routing of the Conservative party in next year’s general election, it should create some irresistible momentum among smaller stocks.

“The hope is that this triggers a virtuous valuation cycle that encourages investors to crowd in these flows, and growth companies to raise capital on UK capital markets,” says French — who called it a “small ray of light”.

Obvious beneficiaries are likely to be the Aim/Aquis category, says Panmure Gordon. It’s an area which deserves a Wild West reputation — the latest cautionary tale is the controversy at WANdisco, the data technology group, which is currently investigating potential sales fraud. Some of the groups Panmure identifies as likely to benefit are recognisable names. Alliance Pharma, M&C Saatchi and YouGov all fall in this zone.

But it’s not only about individual companies. Mass inflows might finally create a situation in which investors eyeing minnows can successfully fish with a net rather than a spear — that is to say, buy funds instead of trying to pick individual winners.

[cfro] 19/8/2023 11:50

That's a very good article, with an update on the acquisition from Miles, written by the private punter.

My only real frustration is that it doesn't look like i will getting a dividend any time soon due to cap ex spending.

[sleepy] 19/8/2023 10:14

Thanks Simon

[simon gordon] 19/8/2023 07:22

Morning Sleepy,

Hope you slept well!

Tim Tipton joined CNC in February 2022, he is the Executive Vice President Business Development. Prior to this he was Sales Director - Integrated Systems Solutions at Abaco Systems. He was at Abaco (GE Intelligent Platforms) for nine years. Abaco has turnover of c.$325m and was acquired by AMTEK for $1.35bn in 2021.

He is probably one of the leading salesmen of Systems for defence in North America. If anyone is going to help make the LA factory a success it's him - give him the right products at the right prices and he should get you some orders. He's a heavyweight.

[sleepy] 18/8/2023 22:09

Thanks Hastings. Who is Tim Tipton please?

[simon gordon] 18/8/2023 20:40

Hastings,

Thank you for sharing your discussion with Miles and Kim.

The LA factory could be transformative for CNC if Tim Tipton and team bring in orders at the potential magnitude mentioned. I am really liking this deal. To have bought an already established Systems business, with the turnover targeted, could have cost tens of millions. CNC already have the products, management bench and networks, all that was missing was their own factory in America.

I like how the new team are shareholders and it must be exciting for them to be hooking up with CNC.


-Tim Tipton

[dunns_river_falls] 18/8/2023 19:03

Really useful Martin. Thanks very much for your efforts

[hastings] 18/8/2023 15:54

https://martinflitton1.wixsite.com/privatepunter/post/concurrent-technologies-raising-for-growth-18-08-23

[hastings] 18/8/2023 14:11

Super catch up with Miles and Kim, really appreciate their time running over things.More convinced than ever that CNC is going to deliver in the next few years.Currently working on a write up and will try and get it out for interest later today.

[sleepy] 17/8/2023 22:33

Thanks vprt

[vprt] 17/8/2023 16:44

Sleepy, try to look for "Coleburn circular..." (ADVFN will not let me post the link).

[hastings] 17/8/2023 10:26

Following on from my recent call with Management, pleased to say I've got another call lined up for tomorrow with Miles.Hopefully, I'll be able to add a bit more on the comment front.

[sleepy] 17/8/2023 10:00

JakNife - can you give a link to the Circular please. Yesterday’s announcement is on their website ( but I can’t see the Circular and Notice of Meeting

[jaknife] 17/8/2023 09:51

^^ It's on their website

[sleepy] 17/8/2023 09:10

May I ask someone to provide a link to the Circular please

[sleepy] 16/8/2023 22:02

Please don’t take the headline too seriously -

[hastings] 16/8/2023 16:19

Wake up Sleepy and read the release, quite clear!

[sleepy] 16/8/2023 12:18

Thanks Valhamos
Why do they refer to “Stryker”; if they are buying Phillips Aerospace?

[earwacks] 16/8/2023 12:00

Yes there are MRF. The market also appears to be growing a pair. Record revenue, record order intake, record forecasts. The only slight fly in the ointment is chip supply still, which has been flagged up by Miles. he is bullish, and frankly I wouldn’t be invested if he wasn’t, he has tempered things with an air of caution. He seems genuinely buzzing with excitement but totally in control. He inherited not exactly a mess but certainly an underperforming, underachieving and a bit old fashioned company for todays world. Miles has the knowledge and knows the business and potential out there better than any previous management. The fact that he was able to bring very able CFO with him from his old company and recruit new staff the way he has is a testament to his leadership. Loads of concerning geopolitics is hampering sentiment still. The BOE seem to change their mind almost daily fretting about China who are actually lowering their interest rates. Japan seems to be sinking into the doldrums again. That could actually benefit the west. Agree there are a lot of financial targets to be tested, but you have to speculate to accumulate. Far more comfortable here than financials, telecoms or retail in the current climate. Unfortunately I don’t think the dividend will be reinstated anytime soon, but growth opportunity ? He is right on it

[valhamos] 16/8/2023 11:51

They have bought the company



with the machine shop division taken out prior to completion. Aerospace is identified at



but according to the company website they also do cable assemblies and wiring, so is this part of the deal?

[sleepy] 16/8/2023 11:46

It can happen that what is left out of acquisition announcements is more important to shareholders than what is included

[sleepy] 16/8/2023 11:23

Thanks Valhamos. But have they bought Phillips Aerospace?