Concurrent Technologies Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9669194 nice and cheap. My latest information points to EPS 4.6p for
the current financial year, rising to just above 5p next year,
with dividend at 1.7p this year, rising to 1.8p next year (brokers
forecast, source Morningstar).
| intend to hold long term. Feel comfortable here, the Company
is a steady performer and has got money in the bank.
Cheers,
ws By winningstreak ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=9669194&action=detail Tue, 22 May 2012 12:37:00 GMT winningstreak tag:iii.co.uk,2003:tst.9491527 plan to hold long term for decent growth combined with
very useful dividend. Rock-solid little company, with rock-
solid balance sheet, IMO.
ws
p.s. EPS for 2012 are expected at well above 4p. The
shares deserve to trade on earnings multiple in region
of 14, IMO. By winningstreak ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=9491527&action=detail Fri, 30 Mar 2012 08:55:00 GMT winningstreak tag:iii.co.uk,2003:tst.9474601 ws By winningstreak ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=9474601&action=detail Mon, 26 Mar 2012 07:01:00 GMT winningstreak tag:iii.co.uk,2003:tst.9142469 http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=9142469&action=detail Tue, 10 Jan 2012 13:27:00 GMT Dyncaled tag:iii.co.uk,2003:tst.8707503 Created: 2 September 2011 Written by: Julian Hofmann
http://www.investorschronicle.co.uk/Tips/Buy/TipsOfTheWeek/article/20110902/276b23c0-d55e-11e0-a36e-00144f2af8e8/Concurrent-Technologies-hits-its-stride.jsp


Solid exports and increased demand from telecommunications customers helped boost the half-year performance for industrial computer specialist Concurrent Technologies.
Moreover, orders from defence customers remained surprisingly robust and the group's total order book grew 7 per cent in the period. Managing director Glen Fawcett reckons that budget austerity has yet to make much difference to defence customers, pointing out that "the delays we've seen have mostly been technical, rather than budgetary". Exports were the biggest single factor in these results and now comprise 78 per cent of total sales, mainly to Germany, France and the US.
At present, Concurrent is focused mostly on internal development rather than acquisitions. So research and development spending is forecast to hit £2.6m this year, and the company also plans to increase headcount at its development facility in Bangalore and increase capital spending. The company has already spent money on new milling equipment to boost its mechanical and thermal engineering capability. That comparatively small investment, of £50,000, will shave weeks off the time it takes for new products to be developed.
Broker Cenkos forecasts pre-tax profits for 2011 of £2.9m, giving EPS of 3.6p (£2.3m and 2.8p in 2010).
CONCURRENT TECHNOLOGIES (CNC)
ORD PRICE: 44p MARKET VALUE: £ 31.4m
TOUCH: 42-46p 12-MONTH HIGH: 51p LOW: 32p
DIVIDEND YIELD: 3.5% PE RATIO: 14
NET ASSET VALUE: 17p* NET CASH: £5.4m
Half-year to 30 Jun Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2010 5.41 1.00 1.08 0.55
2011 6.87 1.13 1.45 0.60
% change +27 +13 +34 +9
*Includes intangible assets of £4.82m, or 7p a share
IC VIEW:
Buy
The share are well ahead of our long-standing buy tip (37p, 18 September 2008). But prospects remain good and it's not inconceivable that the group could eventually become a takeover target. That leaves the shares, trading on ten times Cenkos' adjusted full-year earnings estimate of 4.5p, still worth a punt. Buy. By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=8707503&action=detail Fri, 02 Sep 2011 12:37:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8705617
One day, hopefully soon, the market will recognise this little gem. Trouble is it a VERY conservative company. We will most probably have to rely on organic growth rather than any transformational acquisition. With luck the patient investor will be rewarded in due course.

Go CNC Go

Cheers,

DYOR, IMHO etc etc



By charlus ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=8705617&action=detail Thu, 01 Sep 2011 21:20:00 GMT charlus tag:iii.co.uk,2003:tst.8175768
TWO TO WATCH
1. A few weeks back I cited Liontrust’s increased stake at Concurrent Technologies as one to watch. The shares have since jumped from 35p to 42p and continue to attract buyers.
2. Specialist engineering company Corac appears to have a great product in the making, but progress with its compressor technology has been slow. However, three directors have been picking up shares since March, with CEO Phil Cartmell snapping up 125k last week at 18p. The current price is 19.25p.

http://www.cambridge-news.co.uk/Business/Private-Punter/Agriterra-spinning-profits-for-investors-26042011.htm By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=8175768&action=detail Tue, 26 Apr 2011 10:59:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8039286
The delay of military contracts proved to be the most intractable problem for Aim-traded computer board maker Concurrent Technologies, and knocked more than £500,000 from last year's operating profits.

Diversification of its client base in now on the cards, but a recovery in some of the company's defence markets could already be under way.
Concurrent has a competitive position as a first-choice partner for Intel products to the defence sector, where its low power-usage products are useful in extreme environments. The company launched eight significant new Intel-based products in 2010 as well as adding new capabilities in the detection of improvised explosive devices.

"We are pleased to note that the recovery in economic conditions within our other markets continues, and with a strong order book, we expect a significant increase in sales in the first half of the current year compared with the same period last year," said Chairman Michael Collins.
Analysts at Cenkos estimate that the company's order book is currently 50 per cent higher than this time last year, which supports their 2011 reported pre-tax profit estimate of £3.1m, giving EPS of 3.8p (from £2.3m and 2.8p in 2010).


CONCURRENT TECHNOLOGIES (CNC)
ORD PRICE: 38p MARKET VALUE: £27m
TOUCH: 37-39p 12-MONTH HIGH: 45p LOW: 26p
DIVIDEND YIELD: 3.9% PE RATIO: 13
NET ASSET VALUE: 17p* NET CASH: £4.6m
Year to 31 Dec Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2006 12.5 2.29 2.42 1.0
2007 10.6 2.43 2.62 1.2
2008 12.6 2.95 3.26 1.3
2009 12.9 2.80 3.55 1.4
2010 12.6 2.32 2.84 1.5
% change -2 -17 -20 +7
Ex-div: 23 Mar
Payment: 31 Mar
*Includes intangible assets of £4.5m, or 6p a share Aim: Technology hardware & equipment



TIP UPDATE:
Buy
Our original buy tip is back in credit (37p 18 Sep 2008), and with a decent dividend yield to support the modestly rated shares, we await a further re-rating on the back of recovering markets. Buy.
Last IC view: Buy, 32p, 2 Sep 2010 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=8039286&action=detail Mon, 28 Mar 2011 10:07:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8028461 and bright outlook for 2011. Forecast EPS 5.5p for
2011 (source Hemscott) may well be met.
ws
By winningstreak ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=8028461&action=detail Fri, 25 Mar 2011 06:51:00 GMT winningstreak tag:iii.co.uk,2003:tst.7963249
Sex up the dividend policy by calling it a second interim of 095p per share rather than a final, then sneak out the news under cover of the biggest earthquake/tsunami/nuclear meltdown disaster news story in living memory and the share price goes up 3p.

You gotta hold just for the entertainment value alone....... By charlus ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=7963249&action=detail Mon, 14 Mar 2011 16:53:00 GMT charlus tag:iii.co.uk,2003:tst.7963066 RNS doesnt explain, so any offers? By cashcrash ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=7963066&action=detail Mon, 14 Mar 2011 16:18:00 GMT cashcrash tag:iii.co.uk,2003:tst.7447539 Concurrent Technologies PLC
15 December 2010



Concurrent Technologies Plc



Launch of new Single Board Computer



Concurrent Technologies Plc ("Concurrent" or the "Company"), a world leading specialist in the design and manufacture of high-end embedded computer products, is pleased to announce the launch of its first 6U OpenVPX™ Single Board Computer to complement its range of embedded processor boards.



The new product is being marketed as the VR 737/08x and is based around the Intel® Core™ i7 embedded processor and Mobile Intel® QM57 Express chipset.

This high performance product has been designed with many customer groups in mind but the principal focus is on the defence sector given its suitability for rugged and harsh applications. As with all of Concurrent's products, extreme reliability during continual use over long periods is critical.



Glen Fawcett, CEO of Concurrent Technologies, commented:

"We enjoy a very strong alliance with Intel® and today's launch demonstrates our continued commitment to the development of leading edge Single Board Computers for the critical embedded market place using the latest Intel® processor technology.

"We have world class design and engineering teams and we believe that our competitive edge comes from our ability to identify opportunities and quickly provide innovative yet reliable products."



15 December, 2010



Enquiries:



Concurrent Technologies Plc +44 (0)1206 752 626
Glen Fawcett, Managing Director



NexFin (Financial PR)
Nicholas Nelson +44 (0)7921 522920



Nominated Adviser

Cenkos Securities plc

Ken Fleming +44 (0)131 220 6939

Beth McKiernan +44 (0)131 220 9778





All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.



Note to Editors:



Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high performance applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets. Using Intel® processors, including the latest Intel® Core™ i7 processors, Intel® Xeon®, Atom™ and Core™ 2 dual-core processors, the Company offers a wide range of computer products which are designed to be compliant with the most stringent industry specifications including those for products used in extremely harsh environments.



For more information on Concurrent and its products please visit http://www.cct.co.uk


This information is provided by RNS
The company news service from the London Stock Exchange

END
By Amthystmind ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=7447539&action=detail Wed, 15 Dec 2010 06:16:00 GMT Amthystmind tag:iii.co.uk,2003:tst.7404013
More of this please......

Good work! By charlus ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=7404013&action=detail Tue, 07 Dec 2010 16:18:00 GMT charlus tag:iii.co.uk,2003:tst.6663455
"At the time of such statements the Company was working towards securing an order forecast to deliver c. £1 million of revenue in the current financial year. However, it has since become clear that this order is now expected to crystallise in the year ended 31 December 2011."

By jacksonandy ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=6663455&action=detail Fri, 23 Jul 2010 11:33:00 GMT jacksonandy tag:iii.co.uk,2003:tst.6645232 nice for such a hard working and innovative little
Company.
ws By winningstreak ]]> http://www.iii.co.uk/investment/detail?code=cotn:CNC.L&display=discussion&id=6645232&action=detail Tue, 20 Jul 2010 15:15:00 GMT winningstreak