CCUR, by NIA, Lebed

[admin]

Here is Lebed after the market closed today (Jun 17 2013). You might want to read the disclaimer as well..

Concurrent (CCUR) is under major accumulation here at $8 and is about to explode to new highs! CCUR's fiscal 3Q GAAP EPS of $0.11 was up 175% from year-ago GAAP EPS of $0.04! CCUR just doubled its dividend to $0.48 and has a HUGE dividend yield here at $8 of 6%!

 

In fact, CCUR's dividend yield is the #1 HIGHEST out of all NASDAQ technology stocks that are profitable and debt free! CCUR has $22.37 million in cash, no debt, and an enterprise value at $8 of only $47.66 million or just 0.75X its trailing revenues of $63.23 million!

 

CCUR's main rival Seachange (SEAC) is up $0.24 today to $11.55 and now trades with an enterprise value/revenue ratio of 1.69, which would value CCUR at $14.76 per share! CCUR had gross margins last quarter of 59% vs. SEAC's gross margins of only 53.7%. CCUR has trailing twelve month operating margins of 4.44% with operating margins last quarter of 7.3%. SEAC has trailing twelve month operating margins of only 1% with negative operating margins last quarter!

 

CCUR has trailing free cash flow of $5.6 million and with 8.754 million shares outstanding, CCUR has free cash flow of $0.64 per share! This means CCUR at $8 has a free cash flow yield of 8% and is trading for only 12.5X free cash flow!

 

SEAC has trailing free cash flow of $13.58 million and with 32.75 million shares outstanding, SEAC has free cash flow of only $0.41 per share. This means SEAC at $11.55 has a free cash flow yield of only 3.5% and is trading for 28.17X free cash flow!

 

If CCUR was trading for 28.17X its free cash flow of $0.64 per share,CCUR would be $18.03 per share! I predict that CCUR will be trading higher than SEAC very soon!

 

Last week, Comcast (CMCSA) made nationwide headlines by unveiling plans to launch Network DVR technology this year to replace traditional DVR boxes by storing content in the cloud! CCUR has developed the industry's most advanced Network DVR technology and CCUR has even been awarded a patent for it!

 

Tonight, I will show you proof that CCUR's two largest U.S. clients Time Warner Cable (TWC) and Cox... who together accounted for 25% ofCCUR's revenues so far this year... are both very interested in launching Network DVR services themselves soon! I have very good reason to believe they will hire CCUR for Network DVR!

 

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I am affiliated with a firm that owns 250,093 shares of CCUR that they intend to sell in the open market and can sell at any time. This firm reserves the right to add to its CCUR position at any time. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: http://lebed.biz/disclaimer.htm

 

Jonathan Lebed

Lebed.biz

Staff