Morning All!

After finding nothing yesterday, I found just the one today (which was hardly worth getting up for!)...

Concurrent Technologies  ( Concurrent Technologies (LON:CNC) ) – 85p – £61.8m – PER 12.0

Trading Update For The 12 Months To End December 2017 – In-line and “expects to continue the practice of paying a further interim dividend”.

Still quite like this. Fundamentals look OK especially the ROCE and Operating Margin. It’s also got Cash and a modest, slowly growing Dividend (currently about 2.5%) which is well covered. However, on a PER of 12 that Revenue, Profit and EPS CAGRs <=3.5% are rather poor. Just seems to be a lack of ambition here and it’s enough to put me off.

A Bit Of Fun…

Yesterday 43 people voted in the FTSE 2018 poll.

The majority (68%) are Bullish for 2018.

The majority (38%) expect the FTSE to be up 5%+ (but less than 10%) at the end of 2018.

Have a great day!

NOTE: Also tagged Veltyco (LON:VLTY), comment from Ramridge and others below

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