Low Floater Capitalizing on Pay-TV Multi-Screen Spending Boom
Concurrent (CCUR) currently $7.84 per share only 9.2mm o/s cash of $24.6mm enterprise value only $47.5mm or just 0.76x revenues. Their main rival Seachange (SEAC) is now trading for enterprise value/revenue ratio of 1.89, which makes CCUR worth to $15.50! CCUR has gross margins of 58% vs SEAC's gross margins of 50% and SEAC is losing money while CCUR's EPS last quarter was up 100% from quarter before and 300% from two quarters ago! CCUR could become the #1 hottest play in market next week because Virgin Media (VMED) the largest cable TV company in the UK is now launching CCUR's MediaHawk technology to power Virgin TV Anywhere a new service that allows VMED's 3.8mm subscribers to watch on demand content from any location using smartphone or tablet! CCUR's has #1 most bullish looking chart in the market today! Everybody will learn about CCUR over the long holiday weekend and it could gap up big on Monday!