Alpha Financial Markets ... Share Discussion Threads

[km18] 07/4/2022 14:21

Alpha Financial Markets Consulting issued a trading update for FY22 ending 31st March. The Board is delighted with the strong performance of the Group this year and expects to report FY22 Revenue and Adjusted EBITDA significantly ahead of current market expectations. Consensus has revenues of £139m and statutory net profit of £20.8m pencilled in. Client demand has been strong across all geographic regions, margins remain strong. Lionpoint continues to trade strongly since its acquisition in May. The balance sheet is strong, the business has momentum. Valuation isn’t particularly helpful, but share price has some momentum. There is plenty to like here, not least the track record of robust top-line growth. Share price has popped up 11% on today’s release. BUY...

...from WealthOracleAM

[dicktrade] 07/4/2022 07:49

Yes, excellent update.

[hastings] 07/4/2022 07:21

Super update significantly ahead, double digit organic growth and strong margins to boot.

[hastings] 03/4/2022 19:35

Good to know.

[dicktrade] 03/4/2022 15:43

This coming week for a TU apparently.

Richard

[hastings] 03/4/2022 13:38

Nice to see the share price reversing a recent downward trend. Should be an update soon and looking for confirmation of further positive progress!

[sphere25] 31/3/2022 13:59

Sellers clearing here?

Some big chunks going through here with exchanges at a significant 7.4m for AFM. It could be an interesting one to keep an eye on if it breaks higher on the sellers clearing.

AFM were trading ahead of expectations and significantly off highs, so if these sellers (who have dragged the price down here) are now out the way, it could pop back higher.

All imo
DYOR

[hastings] 23/12/2021 11:28

Continuing the positive run.

[hastings] 24/11/2021 07:16

Excellent Interim results and the positive outlook has led the company to expect the full year to come in ahead of expectations.Although never nailed on, the signs were there and this morning has confirmed it.Could prove to have plenty of longer term upside to come, with strong organic growth and further strategic acquisitions.

[hastings] 15/11/2021 08:19

Price going well ahead of the results next week.

[hastings] 06/10/2021 09:53

Happy with the TU this morning, no upgrade yet, but looks increasingly possible ahead of the current trend continues.

[shauney2] 24/8/2021 16:45

I'm loathe to post here considering how well the share has done without any posts but the Private Punter has done a very good write up.htTps://martinflitton1.wixsite.com/privatepunter/post/afm-may-brighten-up-the-portfolio-23-08-21

[pete123456] 24/6/2020 07:57

good set of results today

[gsbmba99] 05/6/2019 08:59

I didn't think it was possible to only be "in line" given their 1H results but they had a very poor 2H19. 2H rev (£37m) declined vs 2H18 (£37.3m) on vastly higher consultant count and declined by 4-5% vs 1H19 (£39m). I'm not sure how they managed to maintain margins. Perhaps a lot of the "consultants" are contractors. Let's hope their UK clients were all preoccupied with moving parts of their operations to EU locations in 2H19 and that they can reaccelerate growth going forward.

[rampmeister] 06/5/2019 11:52

Just reading current IC where they are reviewing the top 100 AIM shares by market cap. In at no. 82 AFM. The following snippet makes good reading for holders (I am not a holder):-

Although the US and Asia are considered the areas for future opportunity, a 34.5% revenue increase in the UK, the “most mature” region, at the half year stage demonstrates the growth potential across operating regions.
Recommendation is Buy.

RM

[gucci] 04/1/2019 11:10

Next leg up

[battlebus2] 21/11/2018 23:15

Thought the results were excellent and credit to them for the detail and the way they separated the FX.

[typo56] 21/11/2018 10:45

There are a lot of numbers to digest but on initial scan the results look fine. I think they should provide more than sufficient support for the current share price, but then this is an AIM company where you have to treat everything with a degree of caution!

Being an AIM company they are also exposed to being ramped...or deramped.

I've mentioned before the Glassdoor reviews. The employee reviews and rating are about the best I've seen for any company. The comments give you an insight of what it's like to work there. I've noticed there seems to be a good correlation between Glassdoor rating and share price performance. You might need to register to view this (I have no affiliation with Glassdoor!):-

[gsbmba99] 21/11/2018 09:40

Outlook statement contains a small upgrade: "... and anticipate revenues to deliver Group performance slightly ahead of Board expectations." It still seems like the company growing faster than market forecasts would indicate. 1H19 revenue of £39m leaves £34.4m to do in 2H to get to the £73.4m forecast (before any changes as a result of "slightly ahead"). They did £37.3m in 2H18 last year and they now enter 2H with 28% more people than they had last year. Things look good if they can continue to keep their people busy on paid projects.

[5chipper] 21/11/2018 09:12

Results seem weighted to second half as per last year as I presume companies are more streamlined during summer months and less likely to focus on infrastructure or compliance projects.

Given a good second half then I calculate a p/ev of 10-12.

Seems like good value and very tempted to try and top up

[mad foetus] 21/11/2018 07:58

Results look good, let's see what the next few weeks bring.