||EPS - Basic
||Market Cap (m)
|AB Dynamics Daily Update: AB Dynamics is listed in the Industrial Engineering sector of the London Stock Exchange with ticker ABDP. The last closing price for AB Dynamics was 577.50p.|
AB Dynamics has a 4 week average price of 567.50p and a 12 week average price of 546p.
The 1 year high share price is 630p while the 1 year low share price is currently 375p.
There are currently 19,111,946 shares in issue and the average daily traded volume is 50,691 shares. The market capitalisation of AB Dynamics is £111,996,003.56.
|3800: Another rise in the share price today, has anyone got any idea of the allocation which will be given to PIs who subscribed to the offer?|
|hydrus: Did you even read it? Poor behaviour posting to try get share price down so you can buy. So far the share price has made you look stupid.m|
|stocktrawler: Net cash is 15% of market cap. Diluted EPS for 2015 was 18.26p - share price is currently sitting at 309p - take off the 15% to get 262p. 262 / 18.26 = PE of 14. Assume 30% growth next year and PE will be below 10. I agree that it's difficult to find quality growth companies at this sort of rating.|
|rivaldo: Hmmm. Some shenanigans going on here which are most surprising given that this struck me a high quality company (though on too high a rating as posted above).
ABDP have today announced a placing of existing shares held by directors, employees etc at 150p:
The discount is a bit wide for my taste from the overnight 167p, but I wouldn't be overly bothered, except...
Yesterday morning I received an e-mail from Penny Sleuth, which was also on the Money Week web site and was probably read by thousands of others, promoting ABDP. This, given the timing, can only be assumed as presumably generated to encourage buying interest before and after today's announcement and to support the share price. Here it is:
As I say, it's a little obvious. Perhaps I'm being overly cynical, but the timing is difficult to argue against!
AFAICS the only trade yesterday (other than the placed shares) was a 1k buy at 168p. I feel a little sorry for the buyer. It's only fortunate there wasn't more buying activity yesterday.
Rant over :o))|
|rivaldo: Aylingd, always ignore the published spread and try dummy trades online to get the true picture.
At present you can only buy a maximum 3,500 shares online at 126p, whilst you can sell 5,000 at 123.75p. So that's reassuring - but you'll notice the spread is a lot smaller at 123.75p-126p than you might think.
In addition, ABDP is very tightly held, with 92% held by the major shareholders, so the price moves fast on any buying (or selling):
I'm hopeful that imminent good news re the 31/8 year end will lead to a decent spike in the share price.|
|cfro: Gone very quiet with share price now in consolidation mode. Chart is looking really great tho and importantly acting how a new issue 'should' act with it also demonstrating that the shares are under accumulation. Clear breakout above the £1.20 level shows this:
Trading update early Sep, so could be next week.|
AB Dynamics share price data is direct from the London Stock Exchange