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AFX Alpha Fx Group Plc

1,920.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Alpha Fx Investors - AFX

Alpha Fx Investors - AFX

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 01:00:00
Open Price Low Price High Price Close Price Previous Close
1,920.00 1,920.00
more quote information »

Top Investor Posts

Top Posts
Posted at 19/4/2021 14:30 by ali47fish
scsw said take a slice of profits form this one -the share price seems to have recouped the losses- what do eperienced investor think here!
Posted at 19/6/2020 18:03 by ali47fish
carson- i think i sent it to Alma their pr who double as investor relations- i am long here and hopefully as SCSW indicated recently quality will out!
Posted at 02/4/2020 18:50 by 2toptrader
Yes, excellent points.
Also, to understand why this happened, it was at the time when investors worldwide capitulated and bought US dollars for safety. Basically went into cash. That caused an unprecedented spike in the dollar against all currencies, have a look at the pound alone and it was even worse for non major currencies. So it was an external, macro event.
Yes, it exposed the weakness of the business model but 2 reasons why this shouldn't happen again:
1 this macro events are extremely rare , last time it happened in 08-09 and it was half as bad.
2 they learned the lesson and that's why they showed us their top 20 positions: all major currencies and low customer concentration.

I also agree with the above post. AFX could have proceeded with litigation to get all the money in one go. But why treat a long standing customer like this, during this corona mayhem. Excellent management.
The share price fell 50% for a "bad" debt that they'll get it back anyway, no make sense to me.
Keep buying the dip I say. and have a little patience.
Posted at 12/2/2020 10:29 by mrnumpty
I suggest that the recent pull-back in the share price is due to unjustifiable cross-contamination from the events at Equals ( previously known as Fair Fx ) , whose share price graph is not pretty . There is a large-ish article in the Business section of today's Telegraph , on page 6 , explaining why Equals' share price has plummeted . In essence , the Telegraph says that large investors were disappointed by the mismanagement of profit forecasts by Equals , with the new finance director taking a more conservative approach to reporting profits . All in my own opinion : do your own research .
Posted at 09/2/2020 09:36 by leona306a
In my opinion , for what it is worth, is that this is a wonderful opportunity to BUY.My research tells me that this is a strong resistance level, which is probably researched by many other potential investors.Last year the final results were released on the 20th March
Posted at 03/1/2020 08:34 by hydrus
Can't see anything on the company website which suggests today.If they release a trading statement I would imagine next week would be more likely when employees and indeed investors are back at work. Many will still be off.
Posted at 07/11/2019 21:43 by leona306a
Barclays smart investor . One of the larger stockbrokers.I have invested and researched with them for many years with excellent results. I do believe them to be a reliable source.i will check elsewhere for my own piece of mind. Thanks for your input
Posted at 20/3/2019 11:57 by mysteronz
The growth runway is fantastic here, love the ethos in the report about staff development. One to tuck away, its illiquid which can be a barrier to new investors.
Posted at 20/3/2019 07:57 by pratt2
That's probably wise for a company at this stage of the growth cycle. Better returns reinvesting profits for grater capital growth for investors imo!
Posted at 18/11/2018 10:00 by pireric
Nice thing about AFX is the transactional nature of the revenue flow meaning its really recurring

Notice that the £20m raising did not throw up new institutional investors so actually must be that most of the existing ones took up what I presume would have been close to pro rata allocation which is rather encouraging

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