Full Year Results 

Premature exit for AB Dynamics

Premature exit for AB Dynamics

In April, when we advised shareholders to 'take profits' as our buy call on AB Dynamics (ABDP) was a measly 51 per cent to the good, we noted that "inventories and receivables have soared...a reflection of the marked step-up in commercial activity". We should have kept the faith; the share price has cranked up another 45 per cent since our last update and the manufacturer of automobile testing products has just revealed record full-year profits, while confirming that the "order intake has continued to run ahead of sales". 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now