Updates

Abcam - Trading "slightly ahead of expectations"

September 2012

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 last update the shares have zoomed up from 360.5p to 392p, helped by a statement that noted that trading for the year to 30 June has been slightly ahead of expectations.Abcam's core business, which sells research grade anti-bodies via its website, continues to grow strongly with its online catalogue expanding 25% to 92,456 products.Despite continued pressures on central Government research budgets, not helped by the distraction of the US election in November, Abcam reported revenue growth of 17%, or 11.5% on an underlying basis. Net cash was Â£17m. Numis has tweaked 2012 pretax profit forecasts up Â£1m to Â£38.8m (eps: 15.4p) with current year unchanged at Â£43.2m (16.1p). ...

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Walker Greenbank

Senior - Largest customer still bullish

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 - 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 - 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.

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