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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Alpha Fx Group Plc | AFX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1,920.00 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,920.00 | 1,920.00 |
| Top Posts |
|---|
Posted at 21/10/2022 12:21 by kalai1 Alpha FX Group plc issued a trading update for the year ending December 2022. Revenue continues to grow strongly in line with recent upgraded expectations, with consistent month-on-month growth against the prior year. Profit is expected to be materially ahead of expectations as a result of the interest rate environment generating additional income from Alternative Banking's overnight cash balances. This additional interest income is expected to contribute circa £6m. The top-line continues to grow robustly, the bottom-line continues to grow robustly, guidance has been raised, the balance sheet remains strong. Valuation is the main cloud with forward PE ratio at 27.5x comfortably bottom decile for the IB&IS sector. Share price has been consolidating for the past 12 months, but is not really correcting yet. Multiples are coming down, but not very quickly. AFX is well worth monitoring for the longer run, it may still be a little soon to buy given macro headwinds to markets......from WealthOracle hxxps://wealthoracle |
Posted at 05/9/2022 12:33 by km18 Alpha FX Group posted Interims for the 6 months to June 30th 2022 this morning. Group H1 revenue was up 35% to £46.1m, reported H1 profit before tax was up 16% to £17.8m, basic EPS was up 21% to 33.3p. Management expect to comfortably meet expectations on revenue and profit for FY22, “comfortably&r...from WealthOracle |
Posted at 22/6/2022 10:54 by sdmbot Meaning that if you think they'll grow their profits this year about 40%, which personally I think is quite feasible, given the number of new offices they have opened and the traction they seem to be getting, then their P/E for this year is about 16 which for a company like this growing as it is, profitable, with a dividend, good cash conversion, young management, with considerable stake in the business, is very cheap imho.So if you like AFX, then you might start to accumulate. Usual caveats apply, dyor etc. |
Posted at 17/1/2022 12:55 by jonut AFX released quite a comprehensive trading update 0n 12/1/21 prior to FY results in mid March. After the positive Dec21 update, I expect a Jan22 update any time soon. |
Posted at 12/11/2021 13:29 by km18 Still looking good...merely a pause in the ascent....Alpha FX Group plc the FX and alternative banking provider published another robust set of unaudited numbers for the 6 months to June this morning. The investment recommendation is clear. Buy at current spot 1825p, expected multi-year investment horizon as management continue to grow the business aggressively. To summarise today’s release and the investment case, AFX is still growing its top line revenues briskly, its profits even faster, EPS growth is soaring. The Group is well capitalised and debt free and AFX is cash rich with £67m of own free cash on the balance sheet. AFX also today announced a proposed 3p interim dividend so distributions will continue to increase healthily. The only real blot on the landscape is valuation which is undoubtedly rich, forward PE ratio is over 30. But given the pace at which AFX’s top line business is growing and the fact that it is a scalable business so bottom-line EPS can grow much faster, it is unlikely to get much cheaper anytime soon. It is hard to see where any meaningful pullback in price would come from....keep up to date with stocks with WealthOracleAM |
Posted at 29/9/2021 09:06 by hsduk101 Alpha Fx have created a new banking solution and opened a new office in Luxembourg to promote this: |
Posted at 09/9/2021 15:05 by hsduk101 is today dividend date day? |
Posted at 01/9/2021 07:37 by big7ime Good results, share price a damp squib - rev fig already baked in from TAs and a comparison to 2019 is more appropriate, shrs have been strong. Compare to Agfx where brexit/covid seems to have hit them harder, much lower rating and could do v well if show a similar recovery. Agfx at an earlier stage, about a yr behind afx. I hold both. |
Posted at 01/9/2021 07:08 by capitalist - Group H1 revenue up 90% to GBP34.2m (H1 2020: GBP18.0m)supported by a broad recovery in client activity post lockdown and strong growth across all divisions. - Underlying* H1 profit before tax up 214% to GBP15.4m (H1 2020: GBP4.9m) reflecting the operational gearing of the business. - Reported H1 profit before tax up 225% to GBP15.3m (H1 2020: GBP4.7m) - Uplift in H1 profit before tax margin to 45% (H1 2020: 27%) benefitting from short-term lower travel, hiring and entertainment expenses. - Underlying H1 basic earnings per share of 27.9p in the period (H1 2020: 9.5p), with basic earnings per share of 27.6p (H1 2020: 8.9p). - The Group is well capitalised and debt free, with net assets in excess of GBP98m and GBP67m of own free cash on the balance sheet. - Cash conversion continues to be strong, supported by the growth of the Alternative Banking division. - Proposed interim dividend of 3.0p (H1 2020: nil). WOW! |
Posted at 15/1/2021 09:58 by tomps2 Alpha FX #AFX mentioned by Ben Mckeown, Investment Director at Dowgate, when discussing his investing caveats.AFX: 6m19s |
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