Afh Financial Share Discussion Threads

[thomas11] 02/12/2018 16:46

Hi QP,

Interesting , would you choose AFH over TAVI, I went for TAVi, due to higher re-rating potential, did you perform any comparison between the two. There are clearly pros and cons for each

Cheers

[eentweedrie] 12/11/2018 07:20

great tu!!

[woolybanana] 17/10/2018 13:35

Maybe they needed the cash quick to pay for upcoming acquisitions? Perhaps opportunities presented themselves. They are not the only company buying up advisors after all.

[jrr1] 17/10/2018 08:39

i agree, but the timing off it was a bit of a strange one for me with a trading update
just around the corner?

[woolybanana] 16/10/2018 15:17

Only accessible to the big boys! Why cant PIs have a few?

[jrr1] 16/10/2018 09:15

interesting timing of placing ?
anyones thoughts?

[jrr1] 03/10/2018 16:10

roll on the 06/11

[maiken] 03/10/2018 15:38

liberum forecast 49.5 rev,ebitda 10.4, pbt 10.1.
Most acquisitions have come fairly late in the current yr so although I would look for Liberum numbers to be exceeded a little I think the bigger upgrades will emerge for the yr ending Oct '19

[jrr1] 03/10/2018 15:16

im hoping in excess of 60million t/o
ebitda 12 million
profit about 8

[maiken] 03/10/2018 13:06

good question,what are yours jrr1 ?

[jrr1] 03/10/2018 11:46

what are you estimates for turnover profit etc for year end

[maiken] 01/10/2018 07:56

all the money raised last November has now been deployed,plus a couple of million more.
Another placing may be in the pipeline,next month possibly?

[maiken] 28/9/2018 13:43

liberum today increase 2019 eps forecast [adjusted] by 5% to 29.6p.
This is in addition to 28% increase made at end August from 22p to 28p.

[maiken] 21/9/2018 13:09

Less than a month ago Liberum updated their forecasts for Assets under Management to £3.5bn for current yr to Oct 2018 and £3.9bn for Oct 2019.
This week AFH announced Assets under Mgmt are already above £4bn.
Stand by for more broker upgrades methinks...

[davydoo] 20/9/2018 14:35

Thanks QuqPassa, you're right that peer comparison data is useful

Another firm to follow is Succession. Though not listed, they are doing similar deals to AFH, and they can show you comparisons of assets, advisers, multiples etc.