Alpha Fx Share Discussion Threads

[martywidget] 19/1/2023 07:56

New thread here with charts:

Alpha Group International PLC

[martywidget] 19/1/2023 07:50

New ticker announced last month, ALPH, but presently no new bulletin board.
Perhaps someone could set up a new thread.

Alpha Group International PLC Trading Update
18/01/2023 7:00am

[pansybeast] 19/1/2023 06:42

This makes no sense.. My investing buddy says the results give it a PE of 13.5 for a company that growing over 30% and has consistently grown around this figure YoY. I agree. If rates stay around where they are, think how much £ Alpha will make over a yrs period. £9m just for 4 months! DYOR but I think this is a no-brainer. Can anyone give me a reason to go against this?

[ali47fish] 18/1/2023 09:18

amazing rns and share price not reacting in sync

[ali47fish] 18/1/2023 08:32

this is now alph- can someone updadte this thread please

[pugugly] 24/11/2022 09:05

personal watch marker at 2100 mid. re TM.

[kalai1] 21/10/2022 12:21

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.co.uk/detailed-result-full/AFX/602

[toffeeman] 03/10/2022 08:34

The global economy is in recession and Trussarten are clueless.

[ali47fish] 03/10/2022 07:30

toffee thanks for posting- any idea why the retrace- this is a very good company!

[toffeeman] 30/9/2022 07:38

Cheaper if it retests March low

[ali47fish] 30/9/2022 07:05

cheap at 17.08

[ali47fish] 14/9/2022 08:05

why is nobody interested here opp to invest in a narrow spread for years? any contrary views welcome

[ali47fish] 13/9/2022 12:12

at 17.38 good entry

[km18] 05/9/2022 12:33

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” suggests scope for a modest positive surprise. The Group is continuing on its path of robust and profitable growth. Main blot on the investment horizon remains valuation, forward PE ratio at 27.0x is expensive for the sector and the market. Share price has been trading sideways for the past 12 months while much of the market has been selling, still relative outperformance but also lacking absolute positive price momentum. The business is high quality, high growth, management remain optimistic. Lack of momentum and high valuation are the clouds for now and suggest there is no rush to buy at present. But AFX is well worth owning for the longer run...

...from WealthOracle

[whilstev] 02/9/2022 10:23

Half year results next week ?

[ali47fish] 25/7/2022 12:13

where's everyone- buy opp

[ali47fish] 21/7/2022 06:40

excellent update- anyone knows the spread

[redartbmud] 18/7/2022 14:30

14 July 2021, so there must be one on the horizon.

[whilstev] 18/7/2022 14:22

Do we think there will be a trading update this week, compared to previous years it is overdue.

[sdmbot] 22/6/2022 10:54

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.

[bulltradept] 22/6/2022 10:01

Meaning from there and down, I'd suspect there to be some sort of support.

[ali47fish] 22/6/2022 08:44

bull meaning?

[bulltradept] 22/6/2022 08:36

In the fun zone @ £16.50 ish

[ali47fish] 21/6/2022 08:55

lowest retrace is ths the bottom i want to add

[shanksaj] 27/5/2022 13:55

For ages, nothin happens.. and then boom. I'm only down 2.5k now.