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Abcam - Shares now Â£5 above tip price

October 2010

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Another fantastic surge lifted the shares to an intra-day high of 1786p and they remain over Â£5 above our recommendation price in May. The catalyst was final results, which just beat recently upgraded forecasts, with revenues up 25% to Â£71m, pretax profit rising 58% to Â£25.8m and eps increasing 54% to 53.8p. All territories grew strongly, both mature ones like the US and Europe, which grew 20% and the UK, which expanded 15% and also immature ones like Japan (+40%) and Hong Kong & China (up 62%). To recap, Abcam supplies research grade antibodies, which act as â€œmarkersâ€ of a disease and help scientists understand and characterise biological processes in their quest to find cures and treatments. Abcam does thi ...

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Kentz - Strong pipeline of order prospects

H&T

Abcam (September 2020)

Abcam (February 2019)

Abcam (September 2018)

Abcam (May 2018)

Abcam (October 2017)

Abcam - Directors buy shares (May 2017)

Abcam - Supplier of antibodies to scientists enjoys 13-fold eps gains over 11 years! (November 2016)

Abcam (March 2013)

Abcam - Protect profit with stop-loss of 360p (December 2012)

Abcam - Trading "slightly ahead of expectations" (September 2012)

Abcam - Makes US$155m acquisition (May 2012)

Abcam - Acquisition takes Abcam into new US$6 bn market (December 2011)

Abcam - Results slightly ahead of expectations (September 2011)

Abcam - Acquires US-based firm (July 2011)

Abcam (June 2011)

Abcam (December 2010)

Abcam - Shares soar after strong trading triggers broker upgrades (September 2010)

Abcam - Supplier of antibodies enjoys three eps upgrades in six months (May 2010)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

Abcam - Shares now Â£5 above tip price

October 2010

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