I am relatively new to this one but I have a 15% gain over the half-year which exceeds the increase in everything that matters. It all looks very healthy to me but others might see things that I dont.
I would love to see this one grow steadily for many years to come but I expect it will be taken out pretty soon which would be nice for me but bad for the UK.
Does anyone know what percentage of staff in Abcam hold Abcam shares? I guess very high. The present run upwards suggests to me we shall see the 1200 mark before the Interim in March. Could reach 1250 in my opinion.
That's iii for you! They did put them up, only a day late but such is iii. They do seem on the ball for FTSE 100 companies and most of the time with 250 companies but somehow they often don't seem to think a full RNS interim or final report from other companies is worthy of being news. With AIM companies, even relatively large ones like ABC, they never seem to be on the mark.
Me, I just assume they have poor computer systems in this respect; no huge surprise given how poor so many other things are at times...... not least their Analysis/Fundamentals which clearly they never check.
Hey, if they are going to offer the 'inexpensive' service that they do, they have to cut corners somewhere; there just isn't enough income to be on the ball all the time.
As for the ABCAM results, pretty decent, bang in line with expectations. Weak GBP makes them look initially better than they actually are but that's easy to reverse back out. Then again they have to be pretty good (and keep being pretty good) to justify this share price.
I like ABC, have for quite a while now and will continue to hold while dragging my stop up behind me as the share price increases - it seems a pretty full price to me but no idea of how much, if any, further it has to go. Old rule is not to try to second guess it, just ride your winners - with a stop in place behind it in my case.
Good read in Sunday Times yesterday re: Abcam and its founder. In the Businees section. Meanwhile we must await the Year end results in September 11th. Certainly some activity upwards over the last week or so.
Yes I think you can have large deals delayed but that is usually when it is a resricted market & you can only deal in small amounts mainly very small AIM stocks but ABC seem to trade ok . Hope we see 1101 soon!
SILLY perhaps to invest in a Company which makes its profits in a business no one understands. Or perhaps some investors do. YES, the boffins in the workplace. And the point is, for me, they all seem to be heavily invested. What is good for them is good for me.
Talked to a fund manager on Thursday. ABC is one one of the companies in the fund he manages. The fund managers have meetings with management of companies they invest in. The fund he helps to manage invests in FTSE 250 sized AIM companies that are making good profits with a predictable income stream. He was very bullish about ABC.
One thing to watch out for is institutional investors that hold over 3% of a company shares selling their holding.
Bought 1000 @ 500p purely on buying by directors base my dealing a lot on watching what they do best website digitallook. But not so much on the blue chips. Dealer on S.E. for 40+ years get more right than wrong but no guarantee just need plenty of money! to do lots of deals!
kilindidni, "If it reaches 1000 by my 79 th birthday I will be well pleased!".
If your birthday is after a week or two reckon you may be well pleased.
Up 2.3% this morning at 9:34. Another 2.9% and will have got to £10 a share.
Out 43 companies I have shares in ABC currently by far the best performer. Bought 21 April 2017 (19 days ago) and already up 17.0% equivalent to AER of 1,939% (I actually do not normally display AER for a share on spread sheet until more than 30 days passed, as unrealistically high or low figures can result from recent sharp SP moves). I can confidentially state SP will not continue to rise at current rate for 12 months! Even if rate slows to a twentieth of current rate it would still be a strong buy as SP would double in 12 months.
I have just added the FTSE AIM 100 index to a 6 month chart of ABC. It also has FTSE 100 on it. This may come as a surprise, but the FTSE 100 index in the last 6 months up only 4% but the FTSE AIM 100 up just over 20%. ABC down 2% in last 6 months, in line with FTSE 350 Pharmaceutical & Bio technologies sector (not good for me as haves GSK, AZN and recently added SHP). I have always thought that there were loads of bad AIM shares. I conclude bad ones are mostly the smaller cap ones so not in AIM 100. While I was at it added FTSE AIM 100 total return but that was only about 0.9% more indicating an average yield of around 1.8%.
It is a well known fact that when there is a bull market growth shares are much better to have than income stock, because profitable companies, that are able to effectively reinvest profits, grow faster than can be achieved by an investor reinvesting dividends from high yielding companies. There was a good article in last weekends FT money supplement on advantages of equity investment.
My knowledge of antibodies etc is limited to my weekly reading of New Scientist. There are some investors who say it is a mistake to learn too much about details of what a company does, instead concentrate on their financial figures.
When you feel you have mastered the Abcam business please let us all know. None of my mates on this board have a clue, including me. We need a bio chemistry interpreter for a start. Nevertheless we are fans of the company and have faith in their goals ahead.
Thanks for ideas on AIM stocks gamesinvestor, paul1945 and MrMeerkat. Plenty to keep me busy for a while doing research and following leads from Richard Beddard and Paul Scott. I have had some success with AIM companies and walked away with impressive gains in short spaces of time but mostly end up holding almost worthless shares that have tanked. Determined to to do more research and be more selective. I agree most AIM companies are rubbish but some gems.
Regular reading of Paul Scott's daily Small Cap Value Report on Stockopedia is highly recommended. He does NOT give tips but casts a critical eye over results and other RNS. It certainly helps to avoid the cacka, and several of my holdings inspired by his coverage have done well
MM - hoping that it doesn't all suddenly go to cacka.
" I need to find one or two more AIM shares that are profitable growth companies"
R - Advanced Medical Solutions (AMS) is a good one, but like everything else it's no longer considered cheap. But it could be a 10 bagger even from here if all turns out well over time and they don't get bought out of course.
Fever Tree would have been the one to buy a couple of years back - massive return - I completely missed that one of course - and on a P/E of 60 right now it would be a nervous buy.
Anpario has real potential - has no debt to speak of and is smack in an area that is supported by legislation (against the use of antibiotics in animals/livestock).
Manx Telecom - debt is one to watch but they have a virtual captive audience and a 5+% yield that chunters along nicely - stock looks on the low side at the mo.
There are so many companies on AIM but most are a pile of steaming cacka as someone once referred to them, so tread very carefully.
For a list of some of the more financially sound and more unique AIM shares, try Richard Beddard - he writes regularly about a relatively small (15-20) shares, many that are AIM listed.
Games - Take AIM Sir, one day you will be in the money!
Compensation of buying AIM shares are no stamp (helps makes up for big spread) and no IHT. I would have to look up rules on CGT, used to be different for AIM shares. CGT sadly has not been a problem for me for years as I have not exceeded generous tax exempt limit for ages. I have a few dogs showing big paper losses if ever I needed to offset. Now 73% of my shares in ISA wrapper. ABC bought in dealing account as pays low dividend (so avoid dividend tax) and hopefully will give capital growth. I need to find one or two more AIM shares that are profitable growth companies with low div yield. Do not want to risk blue sky companies as far too risky and have enough dogs.
"Good ROE and ROCE though slightly worryingly a bit lower than the 3 year averages. "
R- I assume this slight lowering of the returns is due to the diversification from antibodies, which isn't a big enough market for the growth the company wants to sustain.
I hope the diversification into these other areas doesn't become a doworsification (a term labelled by Peter Lynch I think).
Still you should be OK as far as the dart board is concerned as this is an AIM stock remember and therefore doesn't qualify until I've had 5 pints, and you'll be pleased to know I rarely drink more than 2 these days.
Games -- such a sober and stoical chap that I am!! -- yer right he hears the sound in the background.
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