Share Name Share Symbol Market Type Share ISIN Share Description
Ab Dynamics Plc LSE:ABDP London Ordinary Share GB00B9GQVG73 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 1,735.00 3,770 08:00:00
Bid Price Offer Price High Price Low Price Open Price
1,710.00 1,760.00 1,735.00 1,735.00 1,735.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 57.96 11.00 42.90 40.4 392
Last Trade Time Trade Type Trade Size Trade Price Currency
16:16:50 O 1,230 1,756.66 GBX

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Date Time Title Posts
08/8/202010:50AB Dynamics - The Long Story1,076
30/4/201811:54Ab Dynamics Q&A & Interview-
22/11/201522:19advanced automotive testing systems255
23/5/201315:31AB Dynamics - motoring ahead2

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Ab Dynamics (ABDP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-08-14 15:16:521,756.661,23021,606.92O
2020-08-14 14:52:051,748.001562,726.88O
2020-08-14 14:10:021,760.002834,980.80O
2020-08-14 13:30:481,710.051151,966.56O
2020-08-14 13:26:011,710.0521359.11O
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Ab Dynamics (ABDP) Top Chat Posts

Ab Dynamics Daily Update: Ab Dynamics Plc is listed in the Industrial Engineering sector of the London Stock Exchange with ticker ABDP. The last closing price for Ab Dynamics was 1,735p.
Ab Dynamics Plc has a 4 week average price of 1,675p and a 12 week average price of 1,555p.
The 1 year high share price is 2,850p while the 1 year low share price is currently 864p.
There are currently 22,565,232 shares in issue and the average daily traded volume is 15,712 shares. The market capitalisation of Ab Dynamics Plc is £391,506,775.20.
patient fox: AB Dynamics: long-term appeal remains undiminished AB Dynamics (LON: ABDP), the specialist provider of advanced testing systems and measurement products to the global automotive sector, announced excellent interim results for the six-months to 29 February 2020. Founded in 1982 as a vehicle engineering consultancy, the group arrived on AIM in 2013 at a share price of 86p and market capitalisation of only £14m. Despite recent steep falls, the shares are still up over 1600% since IPO and the business looks in great shape with plenty of cash and a new manufacturing facility to support its growth. Group revenues in the six-month period increased 34% to £34.7m or 11% excluding the contribution from acquisitions. The Track Testing sector contributed the majority rising 29% to £29.6m with sales of their Advanced Driver Assistance System test products increasing 44% to £12.7m. It is well placed to benefit as the testing of active safety systems continue to evolve, with automotive manufacturers required by regulation to ensure that new vehicles have suitable active safety and driver assistance systems to minimise the risk of accidents and injuries. The Laboratory Testing & Simulation sector increased revenues 82% to £5.1m driven by growth in Suspension Parameter Measurement Machine sales with simulation also contributing following the acquisition of rFpro earlier in the year. The proportion of recurring revenue rose from 10% to 25% of total sales offering a greater degree of visibility than ever before. Adjusted profit before tax increased by 36% to £8.7m. On a statutory basis, profit before tax was £3.7m (2019: £6.3m) after significant amortisation and inventory write-offs. Cash inflow from operations was a somewhat disappointing £3.3m due to an increase in trade receivables from two OEMs. Thankfully, outstanding balances were received after the period end. Cash at 29 February 2019 was a reassuring £35.1m but, as with many, the group has prudently concluded to postpone the payment of an interim dividend and review matters at the year end. Whilst it has not seen a material reduction in order intake during March and into April, there has been some deferment of orders, particularly when related to higher value capital equipment. The is likely to be an impact on order intake in the second half of the year with the short-term outlook extremely uncertain. The shares remain 50% off the highs of November 2019 and now trade at 27x reported adjusted earnings for year ending August 2019. The long-term outlook remains extremely positive and the business looks far better structured than ever before.
saab9: I'm adding soon too but when exactly not sure. Everyday I think it cant go lower surely but low and behold it does. This will be over sooner than people realise. Epidemics tend to peak and trough symetrically. hxxps:// It's already nearly over in China and Italy is showing sings of slowing too. When it is over this will make us a lot of money. Results will drive the PE down further even if the share price doesn't jump just yet.
adamb1978: To put the upside in context: - since IPO, they have traded on a FORWARD PE of 23x - last 3 year average PE is 30x - current historic PE is 16x - current forward PE is 14x If you go forward a couple years and then value is on the same fwd PE of 30x which they've previously been valued on, you get a share price of 2622p I'm going to buy a few more in the morning
davr0s: Consensus eps forecast from sharescope (think another posted since). The point I'm making is that although EPS is still rising it's now forecast to decelerate. If you research similar historical situations you often find that decelerating eps can mark the topping process - plus we are seeing choppy stage 3 price action now. The share price move often has happened to the downside by the time they post falling eps. Not predicting this is going down but it's more vulnerable now and needs to exceed expectations to get gas back in the tank
adrian j boris: Financial Highlights -- Revenue and adjusted operating profit increased 56% and 58%, respectively through increased demand for the Group's products and services, supported by new product development and establishment of international routes to market. -- Underlying revenues increased by 55% with a small 1% benefit from the acquisition of rFpro at the end of June 2019. -- Adjusted operating margins increased by 20 bps to 23.3% as a result of operating leverage across the business. -- Adjusted profit before tax increased by 59% to GBP13.7m and the corresponding adjusted diluted EPS increased by 50% as the adjusted effective corporation tax rate increased to 16.8% (2018: 14.1%). -- Adjusted cash flow from operations increased by 6% to GBP10.5m with cash conversion of 78% after investment in working capital. -- Total dividend increased by 20% to 4.40p per share as a result of a strong performance and confidence in the Group's outlook. Operational Highlights -- Introduction of updated strategic priorities setting out the Group's plans for long term, sustainable growth -- Establishment of new international routes to market in the USA and Japan. -- In Track Testing, the launch of additional new products including Ground Traffic Control software for proving ground automation, TrackFi Powermesh advanced radio system and heavy-duty versions of both the Guided Soft Target and Launchpad ADAS targets. -- In Laboratory Testing and Simulation, the Group has further developed the aVDS simulation market with key strategic sales and development of increased product functionality whilst launching the new ANVH 250 product line. -- Construction commenced on a new 2,850m(2) facility for new product development and simulation. -- Following a successful share placing in May 2019, raising net proceeds of GBP48.2m, acquisition expenditure totalled GBP35.4m with GBP18.1m on rFpro and GBP17.3m on Dynamic Research Inc. Commenting on the full year results, Dr James Routh, Chief Executive Officer said: "The Group's performance in 2019 was very strong, delivered through continued development of new products and services to a buoyant market for Advanced Driver Assistance Systems and autonomous vehicle development. AB Dynamics delivered another year of strong growth in adjusted earnings per share whilst simultaneously initiating the delivery of the Group's updated strategic priorities, including the acquisitions delivered during the second half. Despite global macro-economic uncertainty and challenges facing the automotive sector, the Board remains confident that the Group will continue to deliver further growth in the coming year."
glaws2: Highly unlikely that the TU timing was driven by share price. That is not in the company ethos; last year the TU was 4 Oct and the year before 3 Oct.
t 34: Let's hope the unblocked excess of cash will be invested in abdp and prop up the share price .
paulisi: Nice set of results and a break out in the share price. Cannot ask for much more...
melody9999: smokey
martintino: Shallwe, Thanks for the like. From what i'm led to believe the car industry is almost ready, however the infrastructure is not in place and won't fully be in 2 years for every city,town and village. To explain what i wrote, ourselves and the car industry are now ramping down massively the support for conventional cars and specifically chip testing. If not fully autonomous due to the infrastructure then semi-autonomous we shall call it. However new traffic control systems etc are all being tested along with the cars as i type. Infrastructure is the problem. On another note the share price dropped due to director sell and overall market sentiment at the time. Here's to a full recovery and upwards trend. All imho of course. Gla
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