Ab Dynamics Share Discussion Threads

[rivaldo] 18/9/2013 12:26

Wyle, you have a noticeable tendency towards impatience! Relax and wait. Better still, phone the company and find out what you can about the prelims date rather than moaning on a bb. As a small company they will probably be only too pleased to hear from a shareholder.

[wylecoyote] 18/9/2013 11:51

no trading update or RNS has arrived yet? I guess that is what you get with an AIM stock.

[ukinvestor220] 15/9/2013 08:49

Yes i think weve gone past 'early' sept and are now into 'mid' sept so it should be any minute now.

[rivaldo] 15/9/2013 07:38

:o)) I'd say that prelims being issued 17 days after the 31st August year end is a rather unlikely bet.....

The year end trading update fits the bill much more nicely.

[saucepan] 14/9/2013 19:45

ShareScope are showing 17 September as an unconfirmed date for Interims!

[interceptor2] 12/9/2013 16:29

Thanks rivaldo, I remember reading post 39 and very informative it was. I was thinking the same about 2014 estimates looking far too low, all the recent contract wins have been for 2014 and beyond.

ic2...

[rivaldo] 12/9/2013 16:06

Per my post 39 there should be a year end trading update in early September. We must be getting close :o))

[interceptor2] 12/9/2013 15:51

I agree rivaldo and looking forward to results and as cfro says the forward looking statement. Even at 134p they are not expensive on a per of 13.5, but 2014 is where we may see a major change in forecasts, if they keep winning new worldwide contracts.

The year end was 31st August 2013, so we should see a trading update soon. Not sure when the results will be released, I checked with TDW but they seemed a bit confused, showing approximate dates as 17th September Interims? and 28th October Finals.

Maybe it will be a trading update near the 17th September?

ic2,,,

[cfro] 12/9/2013 14:58

Oh, i have no doubt riv, they are bound to be good being the first set of results. Its the forward looking statement that will be key imo and i fully expect that to be good too.

[rivaldo] 12/9/2013 13:52

Cfro/ic2, one would think that ABDP's maiden post-IPO results would be bound to be good ones, with the broker forecasts pretty spot on and hopefully to be slightly exceeded.

The RNS's issued to date certainly seem pretty confident and positive.

[wylecoyote] 12/9/2013 12:50

That is a relief, I thought I had bought in at the top there then...;-)

[interceptor2] 12/9/2013 10:38

Couldn't resist a top up here into strength.

ic2...

[cfro] 12/9/2013 09:49

Lovely move up again this morning ahead of the TS.

[rivaldo] 12/9/2013 08:20

...and another pre-open buy this morning, with more now coming in.

Getting up a head of steam prior to the imminent year end trading statement.

[rivaldo] 11/9/2013 07:58

Nice to see a pre-open buy at 129p this morning...

[interceptor2] 09/9/2013 15:28

Yes thanks for highlighting rivaldo, as you mention using the word significant bodes well. I must keep an eye on company websites in the future.

ic2...

[rivaldo] 09/9/2013 15:04

No probs. I like the use of the phrase "two significant robot sales", indicating that even if not RNSable they're still pretty material.

[cfro] 09/9/2013 13:34

Smashing find, thanks riv.

[rivaldo] 09/9/2013 12:55

Hello - there's news on the web site of further sales which appear to be in addition to the recently announced contract wins:

hxxp://www.abd.uk.com/en/News

"19 August 2013 - ADAS robot sales to NHTSA and CSI spa

ABD is pleased to announce two significant robot sales, to CSI spa in Italy and the National Highway Traffic Safety Administration (NHTSA) in the USA.

CSI spa is the only EuroNCAP-accredited laboratory in Italy and has been using ABD's SR60 steering robot for sine-dwell testing for more than a year. In order to widen its track-testing capabilities to include the new EuroNCAP Autonomous Emergency Braking (AEB) procedure, a significant expansion of its driving robot capabilities was required, and CSI spa chose an ABD Torus steering robot and two CBAR pedal robot systems, together with the OxTS RT-Range system.

This substantial order will give CSI the ability to control and synchronise multiple vehicles with exceptional accuracy, necessary to perform the AEB test procedures for City and Inter-Urban systems, as well as testing other ADAS technology. Its new Torus steering robot will also enable CSI to perform sine-dwell, fishhook and other steering tests in a wide range of vehicles without the need to remove or disable the steering wheel airbag.

The NHTSA is an agency of the US Department of Transportation and is one of the biggest driving forces globally for the improvements in road safety. It has purchased an ABD Combined Brake and Accelerator Robot (CBAR) for use in its ongoing development of test methodologies for assessing ADAS technology.

In developing procedures for testing Dynamic Brake Support and Collision-Imminent Braking, the NHTSA required a device which could control the speed of any vehicle and then apply accurate and repeatable brake inputs. ABD's CBAR was developed to be the perfect tool for vehicle speed control and brake inputs, and has been purchased by customers worldwide for ADAS testing, including numerous OEMs, the Transportation Research Centerm Inc. in the USA and the majority of the EuroNCAP test laboratories.

ABD is delighted to be working closely with organisations such as the NHTSA, CSI spa and the other EuroNCAP test laboratories that are driving forward safety for road-users worldwide."

[rivaldo] 04/9/2013 11:34

Just back from hols - had a skim through the Crash Test Dummies BBC programme on iPlayer, no mention of ABDP, but considerable mentions of MIRA, to whom ABDP announced a £1.5m+ sale only two months ago.

As cfro says, looking forward to the year end trading update any time soon.

[cfro] 31/8/2013 09:31

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.

[rivaldo] 24/8/2013 14:00

BBC4 has a programme next Wednesday called Crash Test Dummies, which despite the name also looks at "crash laboratories in Sweden, the UK and US to discover how their evolution has mirrored car safety improvements".

With any luck ABDP's products will get a mention or two:

[wylecoyote] 23/8/2013 13:59

D'oh! Now I see... cannot believe I missed that. That is re-assuring, they have cashed in some of their investment.

Oh yeah - Thanks RIV... sometimes I need my hand holding...;-)

[rivaldo] 23/8/2013 13:55

Wyle, my prior post stated there'd already been a vendor placing. I suspect therefore the directors have already sold shares to the 19 new institutions who took part in the IPO.

Again, as I've outlined, they need the cash for the items mentioned above and presumably as a buffer for expansion. Before you ask the question for a third time I suggest you phone the FD as I did!