BA Working Closely with this Low Float Gem that Could Make Huge Gains this Week
Concurrent (CCUR) at $7.24 with only 9.2mm o/s and $24.6mm in cash and no debt has an enterprise value of only $42mm! CCUR has been around for 47 years and is trading for only 0.63X its revenues last quarter annualized. CCUR's EPS has been exploding on a quarter-to-quarter basis. CCUR now has annualized non-GAAP EPS of $0.50 and a P/E of 14 when its main competitor Seachange (SEAC) is estimated to report fiscal year 2013 non-GAAP EPS of $0.40 on Tuesday and is trading for $11.28 with a P/E of 28. CCUR has potential to quickly double in short-term.
CCUR's "real-time" business generates 41% of its revenue and provides ultra high performance computer systems used for mission critical applications like flight simulators. CCUR's "real-time" clients include Boeing, Lockheed Martin, Raytheon, and Northrop Grumman.
CCUR's video delivery solutions business generates the other 59% of its revenue. CCUR entered the video business in 1999 when they launched the world's for video on demand (VOD) service for Time Warner Cable (TWC), the 2nd largest U.S. cable TV operator. CCUR holds a 30% VOD market share with a reach of 50mm VOD homes.
CCUR has been investing $12mm-$14mm annually developing new innovative services that utilize a pay-TV company's existing VOD infrastructure and won an Emmy Award for their "start over" service deployed for TWC. CCUR this week is launching breakthrough technology for dynamically inserting targeted ads into live video streams, which will allow the industry to monetize their 6.8 billion free-on-demand videos watched each year, potentially creating a new $1 billion ad market. CCUR will soon be launching their patented cloud-based network DVR technology that will make today's DVR boxes obsolete!
CCUR's main focus today is its multi-screen video delivery solutions that allow consumers to watch TV and VOD over mobile devices! CCUR just signed a huge multi-screen deal with Virgin Media (VMED) to power their Virgin TV Anywhere tablet/smartphone service!