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Concurrent Technologies – “post-close trading update”, how’s cash flow and component supply now?

By Steve Moore | Wednesday 4 January 2023


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.


Describing itself as “a world-leading specialist in the design and manufacture of high-end embedded computer systems and boards for critical applications”, Concurrent Technologies (CNC) “is pleased to announce… expects to report revenues circa 10% ahead of market expectations and profit before tax at least in line with market expectations”. So what of a share price currently up to 77p, though still down from above 90p last summer?
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