ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

FAB Fusion Antibodies Plc

4.25
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fusion Antibodies Plc LSE:FAB London Ordinary Share GB00BDQZGK16 ORD 4P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 4.25 583 08:00:00
Bid Price Offer Price High Price Low Price Open Price
4.10 4.40 4.25 4.25 4.25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 1.14M -2.23M -0.0233 -1.82 4.05M
Last Trade Time Trade Type Trade Size Trade Price Currency
08:27:13 O 23 4.39 GBX

Fusion Antibodies (FAB) Latest News

Fusion Antibodies (FAB) Discussions and Chat

Fusion Antibodies (FAB) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:27:154.39231.01O
08:15:454.10240.98O
08:15:454.1047419.43O
08:15:454.10230.94O
08:12:104.39391.71O

Fusion Antibodies (FAB) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Fusion Antibodies Daily Update
Fusion Antibodies Plc is listed in the Pharmaceutical Preparations sector of the London Stock Exchange with ticker FAB. The last closing price for Fusion Antibodies was 4.25p.
Fusion Antibodies currently has 95,365,564 shares in issue. The market capitalisation of Fusion Antibodies is £4,053,036.
Fusion Antibodies has a price to earnings ratio (PE ratio) of -1.82.
This morning FAB shares opened at 4.25p
Posted at 19/11/2024 13:05 by soultrading
Really, you should all add a slice of #fab to your portfolio. CEO said: ? significant improvements to the business ? more favourable market conditions ?Company is now well positioned? generating the financial evidence ? significant recovery ? promising growth in the Company's prospects. ? increase in margins complementing the more than doubling of revenues? determination to move toward profitability. ? We remain focused on meeting our stated goal of achieving cash flow breakeven without needing to raise additional funds.
Posted at 16/11/2024 21:18 by cbeadle
This is going to absolutely fly! It’s crazy that it’s a £4m company when you think of all the blue chip partners they have and even the NCI. Northern Ireland has a Trump card of it’s own with FAB Fusion!
Posted at 25/9/2024 08:43 by thiopia
Given the benchmark valuation for this type of Company is now $500m+ I think FAB don't need to ever consider a retail or even Institutional placing. The right thing to do would be if they consider their are opportunities they wish to pursue outside of current funded business plan is to take on board a strategic cornerstone investor selling a small percentage of the Company at say 10p or 25p or 50p

Abcam/Danaher might be an example of a Company who can see the potential of FAB and an early miniscule investment now would give them a seat at the table if any M&A activity kicks off
Posted at 24/9/2024 23:35 by bri15
JakNife all small cap companies have to raise funds,it's the nature of the industry as you know,FAB does not need to raise until around March/April next year by which time share price could be considerably higher, possibly well into double figures, hence raising funds at much higher share price than present,the company is a much better position now as i believe they have learned from past mistakes and are turning FAB around,costs cut, expenses cut,order book bright etc,etc, maybe you should buy some.
Posted at 24/9/2024 19:15 by thiopia
This info is very interesting...

How did Shard or #FAB come upon this info ?

I would not rule out the Investor who made on FairJourney or Investors who lost out on the FairJourney investment bid were casting around for alternatives and made preliminary informal approaches to #FAB ?
Posted at 03/7/2024 11:34 by jaknife
soultrading,

"Taken from company itself and broker notes. So factual based on info we currently have"

If that's taken from a broker's note then that broker is either incompetent or bent (and has been paid to write optimistic nonsense).

Let's go through the numbers slowly:

1. The recent trend of revenue performance is:

2020 £4.17m2021 £4.80m2022 £2.90m2023 £1.58m2024E £1.14m


2. The gross margin in the year to 31 March 2023 was 19.8% , let's assume that it comes in at a round 20% for the year to 31 March 2025.

3. Historic admin costs are in the ball park of £3m per annum.

4. Based on these numbers, this means that FAB needs to get to a revenue of c. £15m in order to just break even. Ie:

(£k)Revenue £15,000Cost of sales £12,000Gross profit £ 3,000 (20%)Admin expenses £ 3,000 -------Profit for the period £ 0



You don't need to do anything more detailed than this to understand that:

A. FAB need to get to a revenue of £15m in 2025 just to breakeven.

B. IF FAB only get to a revenue of £7.5m then they will lose/burn £1.5m.

Given the recent revenue trend and the lack of RNSs claiming huge contract wins then we can all safely assume that FAB is on target to make revenues materially less than £7.5m. Somewhere in the £2m range is probably optimistic. And, on that basis, FAB is going to run out of cash before Christmas!

JakNife
Posted at 03/7/2024 09:32 by soultrading
My summary of the situation THE PASTI think you are right, the way I see it is that the company went through a tough period, caused by being too focused on a particular area, and client base. This focused client base was highly dependent on a constant flow of venture capital. When VC dropped off across the board, the smaller companies (fusions clients) had to put projects on hold and therefore so did fusion.This put fusion in a difficult place and led to a need for fusion to raise capital during very unfavourable market conditions.The combination of these two issues caused a massive fall in share price and rightly so, which was not good for existing shareholders.SURVIVE MODEThe board addressed these issues by reducing out goings, headcount and the directors agreed to be paid in shares.They also diversified their client base to include venture capital but also blue chip organisations, research clientele, and branched into other areas such as veterinary. They also have started a royalty program to achieve on going working capital.This was a smart and needed move as it eliminates the past from reoccurring. THRIVE MODETo achieve this the company has been heavily promoting itself in the industry and signed with huge companies and organisations some of which are in the billionaire bracket as a result.The smart speculation is that one very large antibody company has also signed a test contract with the purpose of branching into the therapeutic area. This is a gateway which could open many partnerships for both companies.And of course having signed with USA Cancer research to validate their OPTIMAL at zero cost.INVESTMENT CASEThis is a recovery trade at these levels. But one that has been derisked heavily now and provides an almost unbelievable opportunity to buy cheap stock, The current share price is not attributing any value to fusions, tech, Intellectual property or the changes the company have made in their outgoings, cash position, royalties, grants, or stronger portfolio base.They are fully funded into 2025 and like to be cash neutral to positive this year. They have a working pipeline of sales which is converting to revenues and growing fast. The board are seeing a marked improvement across the sector and from the recent interviews it suggests the company has already turned a corner and are doing well.I don't think opportunities like this come along very often and it is certainly a buy and hold trade which could lead to a huge increase in value,
Posted at 02/7/2024 19:10 by jaknife
troutisout,

I have DM'd you the Allenby broker forecasts. But my apologies my wording was imprecise, "in 20024" should be "in the year to 31 Dec 2024", there are no forecasts available beyond that.

What words/numbers in the 30 April 2024 Year-end trading statement make you think that "FAB have turned a corner"?



I note:

"Significant increase in sales pipeline opportunities during H2 FY2024, with an orderbook at 31 March 2024 of £0.75m, representing 65 per cent. of total FY2024 unaudited revenues"

However:

1. This was the first time that FAB published a number for their pipeline so it's impossible to tell if this represents an improvement on the prior period and hence evidence of having "turned a corner"?

2. The gross margin in the year to 31 March 2023 was 19.8% and admin costs are in the ball park of £3m per annum. That means that FAB has to get to a revenue of c. £15m in order to just break even. Ie:

(£k)Revenue £15,000Cost of sales £12,000Gross profit £ 3,000 (20%)Admin expenses £ 3,000Profit for the period £ 0



I have assumed a 20% gross profit margin to keep the numbers simple.

If FAB don't get to a revenue of £15m then they will make a loss in the year to 31 March 2025. Furthermore, if FAB don't get to half of that revenue number (£7,500k) then FAB will burn through their current cash and need to raise funds again.

What forecast full-year revenue for 2025 do you infer from the 30 April 2024 Year-end trading statement?

JakNife
Posted at 23/6/2024 11:17 by soultrading
THE PASTI think you are right, the way I see it is that the company went through a tough period, caused by being too focused on a particular area, and client base. This focused client base was highly dependent on a constant flow of venture capital. When VC dropped off across the board, the smaller companies (fusions clients) had to put projects on hold and therefore so did fusion.This put fusion in a difficult place and led to a need for fusion to raise capital during very unfavourable market conditions.The combination of these two issues caused a massive fall in share price and rightly so, which was not good for existing shareholders.SURVIVE MODEThe board addressed these issues by reducing out goings, headcount and the directors agreed to be paid in shares.They also diversified their client base to include venture capital but also blue chip organisations, research clientele, and branched into other areas such as veterinary. They also have started a royalty program to achieve on going working capital.This was a smart and needed move as it eliminates the past from reoccurring. THRIVE MODETo achieve this the company has been heavily promoting itself in the industry and signed with huge companies and organisations some of which are in the billionaire bracket as a result.The smart speculation is that one very large antibody company has also signed a test contract with the purpose of branching into the therapeutic area. This is a gateway which could open many partnerships for both companies.And of course having signed with USA Cancer research to validate their OPTIMAL at zero cost.INVESTMENT CASEThis is a recovery trade at these levels. But one that has been derisked heavily now and provides an almost unbelievable opportunity to buy cheap stock, The current share price is not attributing any value to fusions, tech, Intellectual property or the changes the company have made in their outgoings, cash position, royalties, grants, or stronger portfolio base.They are fully funded into 2025 and like to be cash neutral to positive this year. They have a working pipeline of sales which is converting to revenues and growing fast. The board are seeing a marked improvement across the sector and from the recent interviews it suggests the company has already turned a corner and are doing well.I don't think opportunities like this come along very often and it is certainly a buy and hold trade which could lead to a huge increase in value,
Posted at 06/12/2023 14:31 by daniel
Don't listen to Jaknife. He works for certain brokerage firms seeking to undermine companies by depressing the share prices; in the hope of getting cheap shares after front-selling. Check out his history with many companies. He is a scammer that manipulates unseasoned PI's.

You can see him targeting fundraising but totally ignoring the OptiMal Collaboration agreement. That's the usual pattern. But you wander where the donkey had been when the share price was much higher.

I am looking to invest in this company, but his presence is depressant to the share price.
Fusion Antibodies share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock