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Share Name Share Symbol Market Type Share ISIN Share Description
Afh Financial Group Plc LSE:AFHP London Ordinary Share GB00B4W5WQ08 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 475.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 77.1 13.2 25.0 19.0 205

Afh Financial Share Discussion Threads

Showing 651 to 673 of 675 messages
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
DateSubjectAuthorDiscuss
26/6/2021
07:42
1. Monies now received on the AFH take-over @ 480p per share 2. For those interested in the wealth management sector. Tavistock Investments has risen strongly this year. Currently trading around 5p, their broker Allenby Capital has given a SUM OF PARTS valuation at 14p per share. ALL IMO. DYOR. QP
quepassa
15/6/2021
16:17
Tavistock currently trading at 4.5p. Allenby Capital have today put out an Update on Tavistock (available on their website) which says: " SUM of Parts a conservative 14p per share ". ALL IMO. DYOR. QP
quepassa
15/6/2021
15:00
Observers of Director Buying as a trading signal - take note. Senior management of Tavistock have this afternoon bought 2 million shares at 5.5p for a total consideration of £108,900. Any Director Buying of more than £100,000 in a small-cap company is significant and demonstrates strong confidence in the future prospects of the firm . Skin in the game. Meaningful. ALL IMO. DYOR. QP
quepassa
15/6/2021
08:42
The share price surge at Tavistock Investments continues. Further positive news this morning via RNS about excellent trading and a significant return to profitability combined with announcement of acquisition of Chater Allan Advisory. With the sale and delisting of AFH about to happen, my top pick in the small-cap Wealth Management sector is now Tavistock Investment. Tavistock has a lot, lot further to run. ALL IMO. DYOR. QP
quepassa
14/6/2021
08:16
POST 643 of 9th. April refers re TAVISTOCK. Tavistock are up 80% this morning but the share price is not yet up with events. ALL IMO. DYOR. QP
quepassa
04/6/2021
12:18
Two weeks until D-Day for AFH on 17th June when the Effective Date and share suspension occur. Payment within 14 days of 17th. June
quepassa
20/5/2021
09:49
hTtPs://citywire.co.uk/new-model-adviser/news/afh-edges-towards-private-equity-takeover-with-fca-green-light/
davebowler
09/4/2021
12:37
If you're playing AUM to valuation, you should see WCW then
davydoo
09/4/2021
11:39
Penny share Tavistock Investments is VASTLY UNDERVALUED by the market in my view. It has a solid £1.1billion of Assets Under Management but a market cap of just £16million. Consider that AFH has been bought for £247million for £6billion AUM. The difference in the valuation multiples is astonishing. Even allowing for the smaller size of Tavistock, it looks to me to be significantly undervalued. ALL IMO. DYOR. QP
quepassa
12/3/2021
14:34
I have today VOTED AGAINST all resolutions for the Ordinary General Meeting and the Court Mandated Meeting. ALL IMO. DYOR. QP
quepassa
04/3/2021
08:19
It is interesting to read the varying conditionality which attaches to the new so-called IRREVOCABLE UNDERTAKINGS. -See Schedule 2 at the foot of Tuesday's RNS. Some shareholders have given IRREVOCABLE UNDERTAKINGS such that they will only retract their irrevocable commitments to support the 480p BidCo offer if a competing offer MORE THAN 10% HIGHER at 528p is received and BIDCO doesn't match it within 7 days. But in the case of AFH's biggest shareholder, Slater Investments, IF A COMPETING BID OF JUST ONE PENNY HIGHER AT 481p IS TABLED, SLATER WILL RETRACT THEIR SO-CALLED IRREVOCABLE UNDERTAKINGS unless BidCo match it within 7 days. If all it takes is just ONE PENNY to make SLATER INVESTMENTS potentially jump ship, it doesn't say much or give a lot of faith about the fair value and attractiveness of revised 480p bid in my view. In my opinion 480p remains a very poor offer. Shareholders would get a far better return on their investment over time in my view if AFH either:- 1. Remain independent and carry on their growth path, or 2. Await the likelihood of a better price in a fast improving UK market from an industry buyer or from one of the rapidly proliferating and acquisition-hungry SPACs. I reiterate that I intend to VOTE AGAINST the revised bid. ALL IMO. DYOR. QP
quepassa
02/3/2021
10:30
hTTps://www.ftadviser.com/your-industry/2021/03/02/pe-firm-increases-offer-for-afh-financial/?utm_campaign=FTAdviser%20news&utm_source=emailCampaign&utm_medium=email&utm_content=
davebowler
02/3/2021
10:00
Agreed QP. Since fiscal year end, the equity markets have been on a tear and AFH's AUM should be significantly higher (~10%+) already. That itself makes AFH worth 10%+ more than the offer price which values AFH as of fiscal year end. The currently deal is a low ball deal.
djokovic1
02/3/2021
09:51
Not so sure myself. They are still a LONG WAY short of the necessary 75% with only 53.7% of eligible voting shares in the bag. And I do not necessarily believe that another 20% of shareholders will so readily throw their hats into the ring and be swayed by what is, in my view, a truly pathetic increase in the offer by a mere 3.7% from 463p to 480p. Nor do I read that this is the FINAL OFFER from BidCo. I am still of the opinion that it would be a far better return for shareholders over time if AFH remained independent and/or bided their time rather than now selling out cheap to a predatory and opportunistic overseas private equity house, just as the UK market is beginning to hot up. In my view, this remains a very poor offer and significantly undervalues the future potential and value of AFH. Another 3.7% doesn't even start to alter my opinion or change my intention to continue to VOTE AGAINST this woeful offer. I do hope that other shareholders will be like-minded and of the same opinion and continue to VOTE AGAINST - in which case the new offer is and remains in my opinion BY NO MEANS a foregone conclusion. ALL IMO. DYOR. QP
quepassa
02/3/2021
09:05
Ridiculous. Why did slater make a fuss for 17p? I’m voting no. Doubt it will make a difference though
djokovic1
02/3/2021
08:03
Squeezed another few pps out of them anyway. Personally it makes over 13k difference, so a bit happier. Slater has agreed to it so that's probably job done
1pvh
01/3/2021
08:54
Doesn't surprise me. Pretty obvious in my view as to why - at the 59th. minute of the 11th. hour- AFH are postponing today's Meetings to vote on the 463p offer. Would you postpone/adjourn the meeting because you thought the vote on the 463p offer would: A) Fail B) Pass C) Some other reason. I know what I think. Moreover, AFH have not said that they are CANCELLING the meeting but POSTPONING/ADJOURNING it. That sounds like they are still hopeful and planning to have one in due course.... And if in the meantime certain parties were minded to make certain changes to the offer, those changes will in my opinion need to be MEANINGFUL CHANGES to alter the sentiment of certain investors compared to the terms of the original offer. ALL IMO. DYOR. QP
quepassa
01/3/2021
08:54
Looks like the sell out price has been rejected. Hopefully a higher price could be agreed, not much experience of a similar situation.
1pvh
01/3/2021
08:22
whats occurring ?
jrr1
25/2/2021
08:01
Deadline for lodging Proxy Voting forms - 11/11.15am today. Meeting/Voting takes place Monday 1st. March from 11am. ALL IMO. DYOR. QP
quepassa
25/2/2021
07:19
Astonishingly strong full-year results released this morning from St. James Place today combined with buoyant outlook. See their RNS for full details. This further exemplifies in my view why the low-ball 463p bid from a predatory and opportunistic overseas buyer does not represent good value for shareholders and does not fairly value future growth prospects of AFH. In my opinion, shareholders will get a far better return on investment over time by rejecting the current bid, with AFH remaining independent and continuing on its strong growth path. ALL IMO. DYOR. QP
quepassa
24/2/2021
16:03
New article just published a few hours ago today in Investors Chronicle headed:- "AFH Takeover on a knife-edge" The article says that Investors Chronicle have received confirmation from Slater Investments that they HAVE VOTED AGAINST the takeover in respect of their 13% holding. Link herewith:- hXXps://www.investorschronicle.co.uk/news/2021/02/24/afh-takeover-on-a-knife-edge/ Knife edge?? My personal view is that the bid is more dead in the water at 463p than knife-edge. I would find it hard to believe that the only institution to have come to the same decision to vote against is Slater Investments. ALL IMO. DYOR. QP
quepassa
24/2/2021
14:35
The Times:- hXXps://www.thetimes.co.uk/article/slater-rejects-american-bid-for-british-wealth-manager-afh-financial
quepassa
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
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