Wonder how many shares Premier Milton are selling ? They must be struggling if they're selling the Crown Jewels, especially as Gervais Williams talks of them so highly. |
Holding up well given QinetiQ warning on order delays for short term orders, though long term orders still on target. |
For those who have never heard of autarky (like me), Wikidedia says it's economic independence, or self-sufficiency; a country, state, or society which is economically independent.
pete |
74,
The American Military-Industrial Complex is likely in a panic over MAGA's strident ideology, which is harming their export markets.
Perhaps CNC will need to shift its focus toward Europe and reduce its reliance on the U.S.
Who knows how far MAGA will push America toward autarky? |
Quite comically, does the US connection now become a negative here? I.e. Does the systems business struggle to grow due to the poisonous reputational impact of Trump? Looks like an EU subsidiary could be a necessary step... |
ADVFN, check the header has a P/E OF 38.94 |
A couple of things to point out here for balance;
1. The II article says; "The share price, which is trading on 15 times potential 2025 earnings, has been on an upward trend for more than one year. Buy for the payback on IP investment."
No idea where they've got 15x earnings from, FY25 has forecast adjusted EPS of 6.7p, so at Friday's close of 176p CNC trades at 26.3x forward PE.
2. Those earnings are artificially high because they are currently in a tax credit position and are offsetting tax payable with R&D tax credits. II says;
"The 2024 pre-tax profit estimate is £5.2 million, rising to £6 million in 2025."
At a normalised 25% corporation tax rate that leaves PAT of £4.5m and EPS of ~5.3p, putting shares on a forward PE of 33.2x
Hopefully readers of that article do their own DD. |
john lee has it in his AIM portfolio along with Cer, CTG, vianet, anp according to his column in the DT. |
Can't find article and refuse to buy Mail on Sunday! :o) |
Could you post link please as i can only find old articles. Thanks. |
Tipped by Midas in mail on Sunday also |
Many thanks T-Raider |
CNC tipped on ii. |
As predicted, up 2.3% :o) |
The UT is the last trade of the day for SETSqx shares like CNC, in SETS shares you can deal on book after the UT if you have direct market access. All other trades that land after the UT are delayed from earlier in the day, or are spread bet activity settlements.
UT manipulation of candlesticks / technical patterns on SETSqx is one of many issues that needs to be resolved on the LSE. My view is that it's market maker to market maker & used to control the chart to suit their background objectives. In CNC's case it looks like they want to stop the price moving higher so that a buyer and seller can exchange.
Low UT's are used as an excuse to hold / reduce a share price, high UT's to get it to move up. All so manipulative & should evidently be illegal as it sets a fraudulent closing price. |
The UT one is the important one for SETs stocks to give the official closing price. Unfortunately, tiny amounts can sometimes be dealt (or very rarely, large amounts)at a price thats not close to the quote at say, 16:29pm. This skews the charts and gives a different picture. Obviously, this is not as important in big liquid stocks, but it affects Concurrent Technologies, and other Market maker stocks that have a closing auction price. |
Thank you !
It's the ut one that counts , technically speaking, which makes for the frustration.
I thought that any trades posted as being after 16.35 were in fact deals done some time earlier in the day but for some reason only getting recorded late. Obviously that's not the case.... |
Just so people know, they closed at 175 - 178p. There has been a sale and purchase of 125k shares at 177.5 and 177.77p.
Anyone would think the LSE system is designed to confuse us as private investors, and they'd be right. |
The next trade a little later on was 1.78 buy so misleading |
Dogwalker
It was an uncrossed trade at £1.72, very similar to yesterday. Should bounce straight back up tomorrow am!! |
How do we get to a closing price of 172p today ? |
And another good day's start for today....+ 3.63% as I type.
Lowest ASK on show is currently 180p
f. |
Added a few more today, great announcement this morning. |
I was more impressed they are in bed enough with Intel to get 6 months early access to a new product... |
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