Ab Dynamics Share Discussion Threads

[terry topper] 06/12/2016 19:33

3.5x oversubscribed - only going one way I think!

[rhomboid] 06/12/2016 15:51

EC
I've added today and will subscribe, as you say it speaks volumes for the scale of the opportunity mgt see ahead of them, also it addresses the key weakness in their model of resellers 'owning" the manufacturer relationships in some territories

[effortless cool] 06/12/2016 14:19

Quite excited about today's placing. My projections on previous spending plans show the company remaining highly cash rich in spite of the material investment in the new factory. That they are raising more cash to accelerate and expand their development spending does, I believe, tell a very positive story about the extent of the opportunity management see here, at present.

Additionally, the funds are being raised at a vey high price and existing shareholders are being given a chance to participate.

[tomps2] 30/11/2016 16:12

Video: ABDP presentation by Tim Roger's CEO, and Tony Best

FY results

c. 45 mins



Tim Rogers runs through the business, which covers vehicle testing for all cars on the road: Simulation with Advanced Vehicle Driving Simulator - aVDS, Track Testing (Robots, ADAS targets, Driverless systems) and measurement.

The global automotive R&D, on which their business depends, is constantly rising. Total spend in 2015: $109 bn.

Exports make up 95% of revenue. Operating margin is 33%.

ABDP are the brand for the motor manufacturers in Simulation and Track Testing. ABDP own the mechanical, electronics and software of everything they do; so they own the IP at every level.

They’ve had relationships with manufacturers for over 30 years. Customers want a company they can trust to get it right. They sell through distributors throughout the world.

Foreign exchange has benefited ABDP over the last year, £300k benefit rather than a £40k loss the year before.

From Q3 2017 there will be additional production capacity from the new factory.

The issue of recruiting high calibre personnel is covered in audience questions, along with management progression.

Competition and market dynamics are also covered.

[tomps2] 21/11/2016 09:31

ABDP presentation 22.11.16:

Anthony Best, Chairman now presenting with Tim Rogers, CEO, tomorrow at 3pm.

If you want to attend, and ask your questions, email

Otherwise the video will follow in due course on piworld.co.uk

[effortless cool] 18/11/2016 21:43

Header updated to reflect final results. Seems to me to be priced about right at current levels, with lots of potential to improve.

[tradervic] 14/11/2016 10:53

Only a few days left to register to hear from William Cain, Shares Companies Editor, talk about 'How to pick stocks like Warren Buffett' and also to hear from the CEOs of AB Dynamics and C4X Discover.

Our Shares Investor Evenings are designed to showcase a number of presentations from dynamic companies who discuss their latest plans regarding development and growth. This week we also have William Cain, Shares magazine's Companies Editor, who gives his ideas on how you can pick stocks like Warren Buffett.

The Shares evening event offers a unique opportunity to hear about the latest plans and strategy from the Directors of UK listed companies and Fund Managers, attendees can personally put forward questions to the presenters. The event will take place at the Novotel Tower Bridge, 10 Pepys Street, London EC3N 2NR. Registration begins at 18.00 and presentations at 18.30, followed by a drinks reception where attendees can mingle with the speakers and fellow investors.

Companies presenting at the event include:

AB Dynamics (ABDP)

C4X Discovery (C4XD)

William Cain, Companies Editor - Shares magazine - 'How to pick stocks like Warren Buffett'.



Investors can register now for free at:


Story provided by StockMarketWire.com

[tomps2] 03/11/2016 09:08

FY results presentation by ABDP, Tim Rogers CEO, is happening on 22 November, 3pm, London EC2. (FY results released 16th Nov).

If you'd like to attend email through

[glaws2] 10/10/2016 07:22

A second vote for Stockopedia - the only drawback is that it doesn't provide PBT forecasts.

[effortless cool] 10/10/2016 06:57

Thanks, again.

[firtashia] 09/10/2016 22:55

Certainly the information Stockopedia provides me with has improved my investment performance so personally I am happy to subscribe to it. One of my criteria for investing in a stock involves looking at positive revisions to earnings estimates and I use Stockopedia to find these, although I find it difficult to set up complex stock filters as I find the terminology confusing. Additionally there are some very well written, thought provoking articles on there.

[effortless cool] 09/10/2016 21:23

Thanks, firtashia. Digital Look seems a good free resource, and is new to me. £20.4m is close enough too my £20.6, so I'm happy with my revenue forecast too.

OT: Do you find stockopedia value for money?

[firtashia] 09/10/2016 20:29

Effortless- both stockopedia and digital look are showing FY16 revenue estimates as £20.3 -20.4m. For FY17 they show revenue estimates at £24.5m(and PBT £6.0m). Digital look is free, stockopedia you have to pay for.

[glaws2] 09/10/2016 09:28

Hi EC

Sharepad has a consensus of £4.8m (Cantor 4 Oct & Panmure 5 Oct)

[effortless cool] 08/10/2016 21:23

Consensus per AJ Bell is £4.77m PTP; my projections show £4.82m, so I don't see any need to reforecast at this stage.

If anyone has access to the consensus revenue estimate, however, that would be interesting ...

[az4hr] 04/10/2016 13:05

Back down to 425

[melody9999] 04/10/2016 13:01

may be talking to myself!! - but with 96% of sales outside the UK (from TU in July) then profits should be favourably impacted by sterling weakness.

[melody9999] 04/10/2016 08:10

in line with forecasts.

YOY growth in revenue and profits.

All good.

[junior21] 23/9/2016 10:24

TU is 4 October. Noticed on Twitter feed yesterday evening.

[shanklin] 23/9/2016 07:42

I'm surprised ABDP did not correct the RNS they issued re the timing of the TU. I have now pencilled it in for circa 7-Oct as per 2015.

[pastybap] 22/9/2016 21:11

It may be to do with the delay in publishing the TU which was promised by the end of August. But then again, it might just be noise!

[alter ego] 22/9/2016 18:38

Time to add?

Hi Martin, I have taken an initial small stake after kicking myself for not having the courage immediately post the referendum. Will add more hopefully.

[imranawan] 22/9/2016 10:27

Anyone know why the share price drop this am, based on low volume? Shanklin was thinking the same thing.

Low volume, and lack of news I guess. I assume they'll be issuing a TU before the FY results in November.