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Stocks to Double in 2006 - we name them
Outsider - Wed, 21 Dec 05 :
My Selection for entry is ABC Abacam.
as well as the growth in customers which will drive this forward, the actual online catalogue only lists 17,000 items at the moment.
So excitement from me, is that 1 million are potentially available:
Antibodies are proteins produced by white blood cells in response to the
introduction of a foreign body known as an antigen. Antibodies, which have a
wide variety of uses in research, diagnostics and therapeutics, are used by
bioscientists in research into disease and into the human genome, where they are
used to mark and identify specific cells and other living matter. The number of
human antibodies of use in research is potentially greater than one million.
About Abcam
Abcam was founded in 1998 to supply bioscientists with specialist research products, particularly antibodies (essential tools, enabling them to analyse the components of living cells at the molecular level). The company has grown strongly to over 80 employees and now has customers in over 50 countries and it is now recognised as one of the leading companies in its field. The future is growth for Abcam as it continues to expand using its proven product development, marketing and customer service performance, including exciting areas such as Neuroscience, Nuclear Signaling and Stem Cells.
Profits & margins as follows:
2003
Turnover... 3.5m
Pre-tax.....0.56m
Net profit margin.... 16%
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2004
Turnover....6.72m
Pretax..... 1.45m
Net profit margin.... 21.6%
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2005
Turnover........12.14m
Pretax.........2.98m
Net profit marging........24.5%
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2006
Turnover .........18.5m.......[Est. "not less than"]
NB Sadly I cant enter above Hambi as it says my ticker (ABC) is invalid
218-224 is bid-offer
PS Ashpool on OFEX will double, just earnt 2.4p eps on an annualised basis, positive outlook & 9p share price, worth a look....also has an exciting stake in Command TV of 23% & mkt cap only £600k with no borrowings.
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