Concurrent Technologies – I having previously warned on its order delivery ability, what do interims say?
By Steve Moore | Monday 26 September 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on company which describes itself as “a world leading specialist in high-end embedded computer products for critical applications” Concurrent Technologies (CNC), in May with the shares falling below 80p I noted “order book increased”… but what about order delivery ability?, stating component shortage potential for disappointment. The shares last closed at 83p but are currently falling towards 70p on the back of half-year results.
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