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As holders I can’t imagine any of us are over the moon with the falling share price however this does feel, to me, like one of the best remaining stocks on the ftse. Yes they have the fuel issues as a result of the Iran conflict and they had the recent issue org their tank but that aside they have a high margin and growing business with a global footprint. I have no doubt this is being eyed up by private equity as all UK assets seem to be on sale and are being taken out one by one. So I see this as an attractive opportunity to add. When the Iran issues end, and they will… eventually, this will rally. Until then I will hold my nerve and keep topping up on each meaningful share price drop.

Thankfully reports now suggest that there is no risk of an explosion! Still, Iv already seen legal sites asking those affected to contact them for the inconvenience and loss of earnings etc.

still, I think it’s a strong long term buy at these levels.

Surely? While there’s a risk of rising interest on the debt inflation will inflate their asset prices, their own ability to increase prices plus with the ever growing population the need for ‘space’ will surely increase.

Feel it’s only a matter of time before this also is taken out.

The drifting SP makes you feel the market knows results next week may underwhelm. Yet a 5% plus divi at these prices and the chance of an eventual takeout means I’m buying on the drops.

Penny for your thoughts….

In normal market conditions this trades around the high 40s even into the 50s, so bids should be mid 60s in my opinion to offer a decent premium above usual value. No doubt the board will settle around 56/57 and suggest that’s a good premium above the price pre bid. Let’s hope for a rival bidder to help push up the value.

Worrying to see yet another high quality UK business potentially leave our market. There will literally be no quality in the ftse left at this rate. Just a sign of the way this country is going sadly.

This should only support the share price going forward as STs followers buy in to his tips. Only a few months back he suggested it was time to ditch KETL now post sale he is bullish again.

Let’s hope this can push on to the 70s

Oh……

The date provided within the RNS is that the sale completes tomorrow. You would therefore expect a further update tomorrow confirming its completion, the planned buyback and their growth strategy going forward. Hopefully that’ll give the SP a little kick which will continue with the share buybacks. Let’s see what tomorrow brings…. If anything at all

I’m a big fan of this business, especially at this price. I have bought a few lots sub 1300 and will continue to do so as the opportunities arise. The cash pile must be near £50m by now. Each morning I look for an RNS re an acquisition, as they said they are always on the lookout. Maybe soon? Addressable market is meant to double with regards to volume of tests etc so lots of opportunities going forward. Operating globally always gives that possibility of a US takeover too.

Hopefully the next trade update doesn’t disappoint. As revs were flat last year, but a large order fell into 26.

Any thoughts on the future for ABDP?

Just my thoughts as a holder.

I have holdings purchased from 85 down to 35p. I’m still down on my overal average. However, my hope is there will be a bounce once the sale completes which hopefully will be confirmed alongside a buyback as suggested. Once that commences I expect a gradual rise in the SP. Any further positive news re improved trading and a reduced stock pile will push this further on. I’m happy to hold. .. and keep my fingers crossed

Billi achieves profit of around 10m per year and annual double Digit growth. With the investment and global expansion opportunities at a pe of less than 10, this deal feels cheap. This was our jewel, and why I invested. Feels like we could have achieved more. Thoughts?

While frustrating many here are bullish. While this won’t smash expectations, anticipating more of the same/past, this feels like it is becoming more and more undervalued. Assuming an uptick comes, which we all hope will, would we be looking back wishing we took some more sub 9? Personally I have reviewed why I invested and still feel optimistic so if it continues to drop then I will be picking up some more and will wait with optimism.

I was hoping for 70p. Feels achievable. Let’s see. Lucky as I contemplated selling yesterday after the recent rally

Weird price increase with no obvious reason other than investors feeling it’s undervalued?

We all bought in higher I know and are frustrated with the current price. However do the fundamentals remain? Is this now really good value?

For me it’s now on a PE of around 10. Is cash generative. Management are bullish. Good margins. German market sounds like it has good growth opportunities. Feels an even better opportunity?

On the flip I realise organic growth ex acquisitions is stagnant. Poor UK macro environment.

What does everyone else think? Is it a time to fill out boots with some more?

Hi

Has it been announced what day we get the proceeds from the sale?

A penny for peoples thoughts on the prospect of a placing to raise funds to pay down the debt? Debt is almost at the value of the entire company. But worrying. Also how we remain profitable yet debt levels increased….?

Hopefully a placing won’t be necessary as the Billi payments are about to end, but you never know?

At this price everyone will be down but surely the only way is up? I actually feel the future could be bright and this could be a buying opportunity. The 14m that comes back into play from Nov pa, the knock on affect that’ll have on debt payment, Billi seems to be able to roll forward each year with double digit growth, plus their new capacity increase as they look to expand their EU offerings and people will continue to need kettles which KETL are innovating their offerings there too. It will never punch the lights out but at this price surely there’s more likelihood of a good rise than the opposite.

Surely Billi alone is worth more than the £82m valuation now?!

My concern is how the debt pile has ballooned when they say they are working so hard to reduce it!! At this rate even with the lose of the Billi payments they will still be making a lose.

Any ideas as to why it’s grown so much so quickly???

I’d say it’s based on hope for next week. There’s been no news but based on all the factors Iv mentioned previously being priced in the 40s this felt undervalued.

A nice return if you were able to get in around the low point only a few months back.