A UK company specialising in the development and commercial supply of high-affinity monoclonal antibodies for applications in clinical diagnostics.
16-Oct-2017 – 2765p – £142.1m
Preliminary Results For The Year To End June 2017 – Good news all round here –Revenue up 31% to £7.2m and PBT up 37% to £5.7m – A second Interim Dividend of 31p and a Special Dividend of 40p.
Wish I’d paid up here on the breakout above 2000p. The PER of 32.1 seems justified.
Subsequently revised Watchlist price, 2000p.
26-Mar-2018 – 2068p – £106.3m – PER 21.7
Interim Results For The 6 Months To End December 2017 – Revenue up 13%, PBT up 36%, Interim Dividend up 20% and Cash of £5.6m.
Looks reasonable to me with what looks like strong support around the 1900p level, I will put it on my Watchlist, 1950p.
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