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Abcam - Protect profit with stop-loss of 360p

December 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.

  • Epic Code:
  • ABC
  • Price:
  • 361p
As previously flagged Abcam, an online retailer of biological tools known as antibodies to help researchers find the cure for cancer and other diseases, had a strong year. Revenues rose 17.5% to almost £98m and pretax profit 21% to £39m, while eps was up 19% to 15.6p. Net cash was lower at £17.5m (2011: £55.6m). This reflected the acquisition of Epitomics, a high growth protein reagents business focused on the development of rabbit monoclonal antibodies and Ascent Scientific, which provides biochemical reagents. Abcam's product catalogue grew 25% to 92,456 while it achieved sales growth in every region: The US was up 18% to almost £41m, Japan 25% to £11.3m with Germany (+14% to £7.3m) and UK (+13% to £7.1m) also doi ...

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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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