Alfa Financial Software Share Discussion Threads

[sphere25] 15/7/2020 10:58

Yes, someone came in and lobbed four blocks of 100k @78p and then there were a few further sells later so that resistance is clearly on the minds of investors. Perhaps that is the market saying we're not quite convinced that the story has changed enough to justify a further re-rating higher yet.

It's a wait and see, bid has hit 80 again but still not managing to push through yet. From a shorter term view, tend to lob and bank profits if a stock keeps bumping its head against a certain mark.

The overall longer trend here is still down, but it's one to watch from both short and longer term perspectives because of the rating, balance sheet strength and cash generation.

If it doesn't crack resistance, wouldn't mind bouncing around between 60-80.

Be prepared for all eventualities.

EDIT: 25k block buyer at 80. Let the battle commence.

All imo

DYOR

[peterc1970] 14/7/2020 16:31

Lots of block trade through today

[sphere25] 14/7/2020 11:14

Stock has popped another 14% today but it's now testing key resistance.

Will it breakthrough or stall out - it's another profitable move which gives you a choice of buy, hold or sell.

But which will you choose?

(Cue dramatic music)

[sphere25] 13/7/2020 13:05

Taken a few here. That update is surely far better than the market was expecting.

Stock beaten down to multi year lows with pre Covid-19 profit warnings and cautious statements getting bought up at slightly higher levels. Now have trading better than expected in the first six months and net cash increasing during the period.

Net cash was £58.8m at at 31st December 2019. Clearly an enormous positive to be cash generative in one of the most difficult environments in history. It would be nice if they had a put a figure on what the net cash had increased to. The current market cap at 70.4p is £211 million so it was a very significant chunk already and now more.

This type of covert nature of trading update always acts as a cloud imo. You also have numerous profit warnings - I can see three beginning from March 2018 to Sep 2019. However, just wondering if the market's perception here might now be too bearish and all the bad news is baked into the price.

Despite the gloomy times, there was still £14 million of free cash generation for FY 2019 and £13.5m for FY 2018, which relative to the enterprise value puts the stock on a bearish stance by the market.

There are a few bigger buyers appearing on the book, noticeable because you don't often get much volume traded in this stock. The chart shows you this stock is a nice trading share, but also watching to see if there is a sentiment shift here from bearish to neutral and even possibly bullish and a thus a sustained re-rating higher.

Closed off the book to online buying as I finished typing the post - all negotiated trades at the current offer and higher price points.

All imo

DYOR

[itsnotmeitsy0u] 11/3/2020 14:43

so bought in today...76p

[itsnotmeitsy0u] 08/3/2020 22:08

results tomorrow?

[ny boy] 19/12/2019 11:00

Surprised not many in these!

Onwards & upwards

Another one to tuck away (TWD), floated recently, had a great pull back, I have been accumulating

[nw99] 28/11/2019 11:46

Looking good

[dplewis1] 28/11/2019 09:16

Very glad I made the purchase here on the last RNS. Looking very healthy all of a sudden

[ny boy] 27/11/2019 23:35

Easy money here on recovery off support. (AOR) & (FUL) next

[gerihatrick] 19/11/2019 13:53

I think car finance is not a good sector to be in at the moment as the car sales are down across the board. And under all the "green" issues all the political parties are pushing they will fall further imo!

[dplewis1] 19/11/2019 08:04

Bought a few at the open.

[dplewis1] 19/11/2019 07:26

Car finance is a nice sector to get exposure to. Might buy some of these this morning as long as they don't take the p1ss at the open..

[nw99] 19/11/2019 07:08

Another win

[nw99] 08/11/2019 08:22

Time to buy ?

[highlands] 26/9/2019 09:23

Nothing really new in today's results from the recent profit warning statement. Therefore, bad news is already in the price.

[bookbroker] 26/9/2019 07:10

Dreadful outlook!

[topvest] 17/9/2019 12:56

I think it’s too early. Best to wait 6 months minimum.

[ny boy] 17/9/2019 10:02

Decided to buy in mid 70’s yesterday, will hold for medium term, see how it goes

[time 2 retire] 16/9/2019 19:56

A bit of a kicker today! I've averaged down 3 times in last 6 weeks and got my break even price down from £1.65 to 87p and was actually in profit last Friday for the first time ever.
Then comes todays RNS!
I guess I'm in for another long wait....

[davr0s] 16/9/2019 19:25

Not remotely interested in buying back into a share making ATLows. Think I sold at £5

[nw99] 16/9/2019 08:14

Close to buy agreed wait a few more days

[ny boy] 16/9/2019 08:10

Not quite ready to buy but certainly generating a lot of cash.

Bottom fishing maybe later in the month

Any views?

[lucicavi] 13/9/2019 13:58

Won’t surprise to see bid