26 January 2016
By Maynard Paton
Today I’m continuing my hunt for Watch List shares with a look at AB Dynamics (ABDP).
Here are the initial attractions that prompted this research:
* Leader in a niche market: ABDP claims to be the “recognised leader in the supply of autonomous driving robots for vehicle testing”
* Attractive recent growth: Annual revenue has multiplied 6-fold in the last five years, producing high margins and robust returns on equity
* Veteran management: The company founder remains in charge today and continues to boast a substantial shareholding
As usual, I’m applying a question-and-answer template to help me pinpoint companies that match the criteria set out in How I Invest. I’m looking for as many Yes answers as possible.