Alpha Fx Share Discussion Threads

[ali47fish] 14/9/2022 09:05

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

[ali47fish] 13/9/2022 13:12

at 17.38 good entry

[km18] 05/9/2022 13:33

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 https://wealthoracle.co.uk/detailed-result-full/AFX/540

[whilstev] 02/9/2022 11:23

Half year results next week ?

[ali47fish] 25/7/2022 13:13

where's everyone- buy opp

[ali47fish] 21/7/2022 07:40

excellent update- anyone knows the spread

[redartbmud] 18/7/2022 15:30

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

[whilstev] 18/7/2022 15:22

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

[sdmbot] 22/6/2022 11:54

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 11:01

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

[ali47fish] 22/6/2022 09:44

bull meaning?

[bulltradept] 22/6/2022 09:36

In the fun zone @ £16.50 ish

[ali47fish] 21/6/2022 09:55

lowest retrace is ths the bottom i want to add

[shanksaj] 27/5/2022 14:55

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

[hsduk101] 14/4/2022 08:36

Nicely ticking along this. Very resilient stock this, taking into consideration what is currently going

[capitalist] 16/3/2022 09:22

They look good to me. But then again what do I know! The market is looking for holes in RNS's at the moment.

[whilstev] 16/3/2022 07:51

Excellent results.

[datait2] 10/2/2022 20:00

massive buys and massive sells, will have to wait to see if any fund has changed its position.

[martinc] 10/2/2022 16:46

Presumably it was a sell? It would be odd for buys to push the price down and for sells to push it up.

[datait2] 10/2/2022 15:02

£220,00 buy went thro, market makers brought price down all day for it

[datait2] 10/2/2022 10:24

spread has narrowed to the tightest i have seen it in a while

[datait2] 10/2/2022 10:23

low volume trades, so when largeish trades come in, it can move it fast. last night it was well up after hours, now well down, soemthing is happening, lots of 1 volume trades coming in, buy and sells. the is company is on its way to grow for years and years. big ROA and ROE, debt free, watch the new alternative banking it is doing, that will be its big money spinner.

[ali47fish] 10/2/2022 08:16

why the volatility in this share

[bulltradept] 24/1/2022 12:02

Start of the year has been brutal for most AIM stocks.

[firtashia] 24/1/2022 11:53

Nope. Last week's trading statement for FY21 was very good, forecasts remain unchanged for FY22.