Updates

Abcam - Shares soar after strong trading triggers broker upgrades

September 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.

Since our main write-up four issues ago on Abcam, the online antibody retailer, the shares have gained over £3, largely thanks to a very positive trading update on 15 July. This noted that thanks to the weakness of sterling and strong cost control, pretax profit for the current year will be 9% ahead of market consensus expectations. Abcam's online catalogue has continued to grow and now comprises 63,000 products, mostly antibodies. It also reiterated previous comments that whilst its protein detection and regulation markets are exciting, it is still unclear whether the recession will affect demand from Governments and companies around the world. Investec has upgraded eps forecasts by 9% for the year ended 30 June and ...

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Sports Direct - Net debt falls by Â£119m

PZ Cussons - Net cash soars to Â£86m

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 now Â£5 above tip price (October 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.

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