Ab Dynamics Share Discussion Threads

[jurgenklopp] 24/4/2019 06:30

FINANCIAL HIGHLIGHTS

Revenue increased 69% to £25.8m (H1 2018: £15.3m)

Profit before tax (excluding share option costs) increased 95% to £6.4m (H1 2018: £3.3m)

Basic EPS increased 130% to 28.36p (H1 2018: 12.35p); Diluted EPS increased 130% to 27.61p (H1 2018: 12.03p)

Interim dividend increased 10% to 1.612p per ordinary share (H1 2018: 1.465p)

Net cash position as at 28 February 2019 was £18.9m (H1 2018: £12.9m; FY 2018: £15.9m)


Outstanding !!!

[effortless cool] 24/4/2019 06:08

That's a big beat this morning (at least I got the dividend right!), even after the upgrades following the trading statement four weeks ago.

Expect further upgrades.

[discodave4] 18/4/2019 19:07

24th April :)

[discodave4] 18/4/2019 18:02

Sorry for being lazy, but when are interims?Thanks

[effortless cool] 18/4/2019 14:30

Thanks, jk. I just checked back and found I made my first purchase in June 2015 for 226.8p. This is by some margin the most profitable investment in my current portfolio, and I remain very optimistic that there is more to come.

[jurgenklopp] 18/4/2019 14:22

EC

Thank you for your wonderful input over the last couple of years (when I made my first purchase around 570p if I recall).

Just picked up another 200 shares to make a nice round figure !!!

Onwards to next week.

A happy easter to all holders.

;o)

[effortless cool] 17/4/2019 19:42

My forecasts for the interims next week ....

Revenue: £23.6m
Post-tax profit (reported): £4.57m
EPS (reported): 23.1p
DPS: 1.61p
Net cash: £15.9m

[effortless cool] 07/4/2019 13:52

And updated again, because I was too far behind revised consensus revenues.

[effortless cool] 03/4/2019 07:16

Header updated to show revised forecasts reflecting the H1 trading statement.

All looking very good.

[alter ego] 29/3/2019 15:41

It's Keith Ashworth-Lord's Buffetology Fund which operates:

"a concentrated portfolio of 25 – 35 fully listed or AIM quoted equity positions of UK businesses that have enduring operating franchises, high returns on equity, strong free cash flow and experienced management teams."

[johnthespacer] 29/3/2019 15:27

Well that is a big buy up from 5% to over 10% holding in adbp

(See RNS today)

[discodave4] 27/3/2019 10:01

Sorry chaps, using my phone and got wrong year, sharecast has 52.7p for this year.

[xajorkith] 27/3/2019 09:39

Stockopedia currently has:

FY to end Aug 2019 - 49.6p
FY to end Aug 2020 - 64.2p

At 1680p that's an ex-cash, rolling PE of 27.5 as far as I can see.

[discodave4] 27/3/2019 09:28

Consensus is 36.3p eps, so PE of 47.

[xajorkith] 27/3/2019 09:19

No idea DD4, but "long term sustainable growth" will do for me until we find out on 24th April.

[discodave4] 27/3/2019 09:08

Any views on their "updated strategy"?Thanks

[tratante] 25/3/2019 22:49

If like last year, should be a trading update in next few days. Should help to give clarity.

[discodave4] 25/3/2019 20:18

Looking at the chart this regularly finds support on the SMA40, which currently is 1400. Seems like an excellent one long term for the ISA, just a bit pricey but that comes with quality I suppose.

[hydrogen economy] 25/3/2019 15:06

az4hr - ABDP has a history of volatility with new highs followed steep drops. Great for those willing to trade it but a bit like a Viking Cruise for buy and holders. Hope you've a strong stomach.

The general market swoon on top of a well timed but modest director sale are driving technical factors to push this down. Long term it is a solid buy/hold.

Anyone got a view how low this will go, I expect to be adding around 1500p but could see it going lower

[effortless cool] 25/3/2019 14:59

It's only stressful when the volatility takes it down.

The rest of the time, it's pretty good.

[az4hr] 25/3/2019 14:46

Two 10% drops with no news crazy very stressful holding something so volatile

[ny boy] 25/3/2019 14:42

Another 10% drop today, must be a fund reducing?

Bottom of up trend line around 1520p ish, if that breaks 1330p is the next support ..I will add if we get that low.

[hopperagain] 24/3/2019 17:40

Colin Martin director 1,543 sale went through as a trade purchase at £18.67. He must have a great broker, as no-one else got that price.

[perky77] 22/3/2019 22:49

Evening all, was the large drop today down to the latest director sale announced?