AB Dynamics (ABDP) February 2018 update interview with Tim Rogers CEO
We are shown around the new factory and shown the site over the road. Tim talks about his departure and new management. He touches on staff options, and announcements related to MiFID II, and then updates on business, and what we can expect going forward.
The new offices 00:25
Developing the next site 00:13
Have there been teething problems with the new site? 02:05
Is the building development on budget? 03:13
Tims departure and the replacement? 04:00
Staff options and MiFID II 06:30
Update on business 08:55
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 ..."
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