Abcam Share Discussion Threads

[bathcoup] 11/1/2020 08:50

Can't you post a summary too? Stop doing silly things!

[stockstracker] 11/1/2020 07:47

KEY STORIES: https://twitter.com/smallcappick

[stockstracker] 10/1/2020 09:04

Midcap Report (10 Jan 2020) – #TM17 #JD #ABC #BME https://twitter.com/smallcappick

[apad] 10/1/2020 08:19

I have to be careful about confirmation bias as I have sold a lot of ABC. Revenue "11.6% in the first half on a reported basis and 9.1% on a constant currency basis," Removing China (growth of 17.4%) I calculate ROW growth of 9.4% This would be 7.4% on a constant currency basis. Gross margin constant - 'adjusted operating profit margin' lower end of 25% - 28%. Doesn't say what the adjustment is and doesn't consider the continuing capital expenditure or comment on profit. Two acquisitions are expected to contribute approximately £4m of incremental revenue in the current fiscal year (FY2020) and be neutral to adjusted earnings. ""We have recently set out ambitious plans to double the scale of our business and we are making good progress in investing in, and scaling up, the company." So, big ambitions and ex growth but spending money like water and not saying anything about profit. apad

[erogenous jones] 10/1/2020 08:07

downbeat report

[lenzcrafter] 10/1/2020 08:03

Watch this bomb today!

[lenzcrafter] 18/12/2019 16:11

Should have had a nibble this morning! Doh

[erogenous jones] 18/12/2019 08:29

Don't stress. There are frequent staccato movements in the share price Sometimes down and at other times up. If you are worried about your holding, then this is probably not for you. The price has risen 28% during 2019.

[slogsweep] 18/12/2019 08:24

announcement - but I cant find it

[lenzcrafter] 18/12/2019 08:14

Why the huge drop??

[sunningdale1] 16/12/2019 11:01

Following on from my previous Open Orphans (ORPH) post, Cathal Friel has delivered as promised with the all share merger with hVIVO (HVO). Seeing as HVO was trading at 30p at the start of the year, 2.47 ORPH shares for for each HVO share at 15.6p is great value. This follows partnerships with biopharma giant Ipsen Group and Venn’s deal with Carna Bioscience, and will leverage up and commercialise HVO’s sb through the Open Orphan health data platform. At 5.6p this still values ORPH at just £14m - combine in HVO at £11m plus the preferred partnership agreements and ORPH is set for a big 2020

[lenzcrafter] 15/11/2019 21:21

A beautiful day, nice and blue.

[sunningdale1] 15/11/2019 15:40

For those interested in my previous post, big news this week from Open Orphan! Venn Life Sciences, which is part of the ORPH group has been selected as the preferred partner for pharma heavy weights Ipsen Group’s ( Data Management and Biostatistics. The preferred vendor structure will last for a 3-year period. Ipsen had sales in excess of €2.2 billion last year. This partnership has already delivered substantial revenues for the Open Orphan group and positions the business as an integrated drug development partner for Biopharma companies in Europe such as Ipsen. This partnership is the first of many steps to make Venn profitable and deliver a re-rating of the business to be in line with the wider sector. CEO Cathal Friel summaries the significance of the agreement in 2 minute video below. https://www.brrmedia.co.uk/broadcasts-embed/5dc99abe34a3cf1389e844e9/?open-orphan-rns&popup=true

[ifthecapfits] 29/10/2019 11:08

I guess not.

[mayers] 04/10/2019 19:46

Sunningdale. Would you be able to explain the implications of ORPH for Abcam? Thanks.

[sunningdale1] 30/9/2019 12:42

#136 ORPH looks promising to say the least - The new management team has a track record of building successful business and Open Orphan has a clear four pronged growth strategy. The market Open Orphan is targeting is one of the fastest growing in the drug sector with political support behind it and under-supply of treatments for orphan drugs. The end market for Open Orphan is the growing orphan/ rare drug market and the need for consultancy services, particularly in Europe, to launch these products. The orphan drug sector is one of the fastest growing sectors in the global pharmaceutical industry and in the US in 2018 over 50% of all new US Food and Drug Administration approved drugs coming to market are for rare/orphan conditions. In Europe, 57% of all new drugs are orphan designated and globally the orphan/ rare drug market is growing at twice (11%) the pace of the global pharma market

[lenzcrafter] 30/9/2019 12:16

Stumbling!

[fp optimist] 27/9/2019 07:34

jbfnfn,I agree in the importance of the impairment cost. I had assumed that Abcam were earlier indicating that they were about to tidy up their core business with the acquisition of Horizon, but have been pulled back on that because of the need first to come clean on their dreadful ERP programme (I thought it started with SAP!) and to get rid of their FD.

[bathcoup] 27/9/2019 07:31

#135 I didn't spell it out in #133 but you've analysed the issue better than I could. Oracle products are very bad; they're for governments, inefficient corporations ...

[cokehookerscars] 27/9/2019 00:01

"CEO Cathal Friel predicts 40% growth a year" !! That's seriously high. How much confidence does anyone have in that ??

[jbfnfn] 26/9/2019 18:59

#133 From the Final results "Enterprise Resource Planning (ERP) programme . . As a result of the changes in the scope and nature of the programme and the usability of historical work performed, software development costs capitalised to date of £12.8m, have been impaired." They capitalised money spent on software and now they have written it off. You can argue that they should never have capitalised it in the first place. A business like this must have scalable top notch IT. They are always going to be spending on IT. It's an expense it shouldn't be capitalised. Have they made a mistake using Oracle for their ERP? It sounds like they have. At least they have realised it and are doing something about it. They should have, or certainly need a strong internal IT ability.

[sunningdale1] 26/9/2019 12:10

Recently added - great to see ABC bouncing back over the last two days. Open Orphan AIM:ORPH a stock definitely worth keeping tabs on - Rises today and CEO Cathal Friel predicts 40% growth a year on recent podcast below with 2 million of his own money invested. They are currently on a presenting roadshow if anyone is interested hxxps://audioboom.com/posts/7361662-open-orphan-orph-ceo-cathal-friel-tells-alan-green-why-he-expects-40-percent-growth-year-on-year

[bathcoup] 11/9/2019 14:37

"GBP12.8 million impairment charge associated with its Oracle Cloud Enterprise Resource Planning programme" How stupid!