Alpha Fx Share Discussion Threads

[energeticbacker] 02/10/2020 09:34

While the earnings rating looks rich AFX has a considerable growth opportunity. Investor's Champion was previously a little wary of the significant founder sell-down earlier in the month, but this was on the expiry of an unusually long 3 year lock-in and founders do still hold more than 35% of the equity.

[konradpuss] 02/10/2020 05:18

Carson, there is form and content. I have not invested in this company and am poorer for it currently. Now did you see what I did there?

[carsonblocked] 01/10/2020 21:57

@Konny what's AFX's office being nominated for an award got to do with the price of fish? and @Cfro, why are you so salty? Do you want some chips with your salt? Did you miss the boat, and now to make you feel better you come up with random posts you think is going to tank the share price? Cfro "Looks like the mugs are Liontrust", so are you smarter than those lot, wise sage? Cfro "Directors selling in droves", yes because shareholder concentration is so tight, and not enough free float the institutions wanted to buy yards from them to make it worth their while? Cfro "Results only 'inline' with FY19, to me that is going backwards" - In a pandemic where some companies will have negative growth for years, and won't reach FY19 levels for years to come, yet Alpha anticipate to do it this year, and you think that's going 'backwards', what world are you living in? Reveal your positions to see which of those are ahead of FY19, wise sage.

[konradpuss] 01/10/2020 21:35

I note in the last report and accounts their new H.Q. has been put forward for a prestigious design award. Make of this as you will.

[cfro] 01/10/2020 13:28

Certainly hasn't been a dreadful year for the directors here, far from it, they've made out like bandits. :)

[grabster] 01/10/2020 11:01

Cfro - you left out the words "at least" in your chosen quote. (I think we all understand why ;-) This is a dreadful year for thousands of companies - many of whom will fall well short of previous expectations and would love to be able to declare inline prospects.

[cfro] 01/10/2020 08:19

As a result, despite the ongoing uncertainty surrounding COVID-19, the Board is increasing its expectations for full year earnings, and taking into account provision for bad debts is confident that earnings will be at least in line with FY 2019. So results only "inline" with FY19, to me that is going backwards and certainly doesnt warrant the high rating the shares command. Its as good as a warning but these days management like to dress up statements to make them sound better than they really are.

[grabster] 01/10/2020 07:59

Unless Cfro meant a warning that profits might rise ;-)

[ihatemms] 01/10/2020 07:52

Cfro -doesn’t look like a profit warning to me 😀.

[matt123d] 01/10/2020 07:02

Sounding positive.

[toffeeman] 30/9/2020 11:59

I think they are way over-valued - but Soros doesn't seem to agree and who am I to disagree with him!? 1200, 1300 or 1400 short entry points?

[matt123d] 30/9/2020 08:17

In the meantime someone is bidding for stock in size.

[cfro] 29/9/2020 22:23

Wouldnt be surprised if these warned on the next trading update. Interim results were pretty poor with shrinking margins and profits. Directors selling in droves.

[matt123d] 29/9/2020 15:53

Interesting price action. I added some more with difficulty.

[ihatemms] 29/9/2020 15:46

Any reason for the spike?

[cfro] 16/9/2020 22:37

Looks like Liontrust are the mugs then picking up the director sales.

[ali47fish] 16/9/2020 13:47

funds adding

[markmaltby] 16/9/2020 12:24

No reason for it not to go back to its pre C19 levels,

[longshanks] 15/9/2020 15:07

GBP10 reached and plenty more to come I feel.

[ali47fish] 17/7/2020 09:40

so why aren't people here not adding?

[carsonblocked] 16/7/2020 15:40

Spread tightening too.

[carsonblocked] 16/7/2020 15:29

Seems 'big boys' are already rolling in. 5 Trades went through around 1:45pm today for a total of 543,099 shares, just shy of £4.1M at 750p, makes me believe these are buys.

[ali47fish] 15/7/2020 16:01

nice answer carson yes i like this company a lot and am happy t stay os as long as it delivers- all the best

[carsonblocked] 15/7/2020 11:18

Your question below*

[carsonblocked] 15/7/2020 11:17

Hi @Ali. Apologies, I did not respond to your post on 19th June. I hope by the AGM next year, we're both still holding, the share price is improved. In reference to your question above, one shouldn't worry too much about the spread size (unless desperately wanting to buy some shares), with overall market volatility, the market markers will be trying it on all over the place. My understanding, is you have already acquired a position in AFX, so it's just a matter of waiting now. The concentration of shareholders in a company of this size will also likely affect the spread. I see that as a good thing though, high concentration of shareholders as well as 50+% of employees owning shares, means that when the Buyers come through the share price will get pushed. The usual caveats that this is not financial advice and any action or inaction is totally the reader's responsibility. P.S. Good to hear/see you still active on this board, Ali. Kind regards.