I was looking at it around the 650p mark in Oct and then had to take my eye off the ball (hit a pot-hole while cycling which triggered recurrence of neck injury and meant taking strong pain killers so couldn't concentrate). I can't justify entering now but still keeping an eye on it to see what I can learn.
well I too have had same thoughts.. but am still holding after buying back in at around £6ish...(I did sell out at around £6 having first bought at under £5). I don't know why its on fire but a guess might be good play on the revolutions taking place re driverless vehicles and move to electric vehicles. See the video posted below... but this is just a guess...
I have been wondering about the same issue. The price has risen from 577 on 2 Oct - a rise of 85% in 3 months. Gulp. I like this high-quality company and am a buy-and-hold sort of guy. But the valuation does seem to be getting racy, and there is no scope for missing any targets/forecasts in the short-term. I did wonder initially if a takeover bid was brewing, but that seems rather unlikely now.
Video: track testing and lab testing 00:44
Track testing 01:45
Advanced Vehicle Driving Simulator 02:19
ABDP The business 04:22
What ABDP do 04:55
What we really do IP 05:39
Our capabilities 06:35
Our products 07:05
Market size 08:27
Our customers 09:00
Geographical split 10:06
Story of growth 12:25
On-going growth drivers 13:45
The new facility 17:16
Whats the effect of Brexit? 18:03
Is there a market to offer testing as a service? 19:25
Is there a market outside of auto? 21:13
Tim Rogers departure 22:40
Who are the largest shareholders? 24:45
Are Tesler a client? 26:36
Do you see yourself moving from testing before sales to testing after sales?
Employee share scheme 28:30
The new factory, headway to grow 32:00
Will the new factory save costs? 33:25
H1 results 00:30
Share option charges 1:03
Foreign Exchange - 3:05
Exports - 4:05
Forward order book - 5:42
Keeping up with demand 7:10
Advanced driver simulator - 7:55
Using the cash - 9:15
Recurring revenue streams - 11:34
Research and development - 12:32
Collaborations and acquisitions - 13:50
Motivation behind cash raise - 15:11
Payback period - 15:45
New factory and other facilities - 16:45
Whats going to happen with the old buildings?- 18:19
Extra capacity for revenue creation? - 19:34
Brexit - 20:31
Major shareholders - 22:20
Company shareholding and selling - 23:26
"LSE:ABDP:AB Dynamics has smashed profit forecasts - again. The firm, which designs and builds equipment to test and develop the cars of the future, has made a habit of it since listing on AIM three years ago at just 86p. It's why the shares are ..."
Read Panmure Gordon & Co's note on AB DYNAMICS, out this morning, by visiting https://www.research-tree.com/company/GB00B9GQVG73
"AB Dynamics continues to under-promise over-deliver on its strategy, with sales in the interim period increasing by 34% to £10.11m and PBT increasing by 50% to £2.26m. This reflects the strong suite of products and services required by OEMs investing in next-generation cars. The growth is being led by customers in China, Korea and Japan...."
"LSE:ABDP:AB Dynamics helps car manufacturers make cars safer. It works for all the big ones - Audi, Ford, Toyota and China's FAW included - supplying driving robot systems and soft targets to test and develop cars on the track. They also use AB's ..."
"Small businesses offer investors a fantastic opportunity to back UK companies as they grow into the LSE:ARM:ARM's and LSE:RSW:Renishaw's of tomorrow. We continue to champion the cause of the thousands of hugely exciting, fast-growing companies ..."
"30 September 2014AB Dynamics plcTrading updateAB Dynamics plc (AIM:ABDP), a designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry, announces a trading update for the year ..."
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