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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Abcam - Results slightly ahead of expectations

September 2011

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.

  • Epic Code:
  • ABC
  • Price:
  • 329p
Abcam has announced that its results are likely to be slightly ahead of expectations. The company, which sells protein research and detection tools through its Amazon-like website, has driven growth by further extending its geographic coverage and broadening its product range to over 73,652 products at the year-end, while tight cost control has increased both gross and operating margins over the first half. This has more than offset a slight weakness in the US market, which has been unsettled by uncertainties surrounding the National Institute of Health budget. Numis has inched up its current year pretax profit forecast by £1.5m to £32.3m for eps of 12.7p for the year just ended while current year to 30 June 2012 is broadly unch ...

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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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