Alpha Fx Share Discussion Threads

[nfs] 04/9/2019 11:01

Stockopedia 24.3p

[martywidget] 04/9/2019 10:49

"Liberum Capital today reaffirms its buy investment rating on Alpha Fx Group Plc and raised its price target to 810p (from 785p)."

[cfro] 04/9/2019 10:41

What are the full year eps forecasts - i cant find anything?

[nw99] 04/9/2019 09:17

Looks fab today

[cfro] 04/9/2019 08:19

Very good results there.

[xajorkith] 04/9/2019 07:57

All very positive.

With underlying (diluted) eps of 13.9p in H1, it seems likely they will beat, especially as they are “very comfortable with market expectations for the full year”

I also like the following:

“We have cultivated a strong founders' mentality which is continuing to generate exceptional levels of performance across all areas of the business.”

Hopefully we get a further update in late September, as last year.

[the juggler] 04/9/2019 07:14

After a quick scan of the Report it all looks good to me. Revenue increased, profits up and a good increase in the EPS.
Also the introduction of an Interim dividend - payable next month.

[cfro] 03/9/2019 17:50

Big bounce back today. Roll on the results.

[xajorkith] 02/9/2019 17:01

Nothing announced, but September 5th last two years, so probably this week.

[ali47fish] 02/9/2019 15:01

does anyone know when the next update is please!

[xajorkith] 09/8/2019 09:08

Direct reference to currency hedging today from OTB, as they have lost out to “full risk competitors”.

Looking very oversold now with results in less than four weeks.

[pratt2] 07/8/2019 15:22

Some chunky sells in today

[pratt2] 06/8/2019 16:30

Got a position here at 595. Tempted to triple position, and add albeit at a higher average as I believe this stock has all the right elements to rebound again as they beat broker forecasts again? Just think it's getting penalised now due to macros

[john09] 05/8/2019 11:13

“Still looking good” NW99 at the weekend lol

[cfro] 04/8/2019 17:38

Thanks Bamboo2..

[bamboo2] 04/8/2019 12:53

crfo, Breakaway gap filled Friday. Will have to wait to see if support survives this area.

Wary of another potential H&S. Not yet confirmed.
Confirms on eod close below approx. 720
Target is approx. 620
It is likely that the prior breakaway gap support zone [660-662] will come into play before the tp is reached.

Potential turn 6/8/2019

[nw99] 03/8/2019 13:29

Still looking good

[xajorkith] 01/8/2019 14:47

Well I've been buying & have no intention of selling unless the story changes.

Consistently high operating margins / ROCE, high net cash position, and a mid-year eps upgrade despite the upcoming cost of their new London HQ.

Not entirely convinced by their "moat" in such a competitive industry, but they're clearly doing something right, with significant operational momentum going into H2.

As you say Hydrus, rolling PE probably close to 20x when factoring in Liberum's recent 9% upgrade, likely growth going forward, and net cash.

All very positive imv, with a nice, upsloping two year chart to boot.

Edit: in addition to the above, I would expect their services to be in high demand given the current macro-uncertainty & currency fluctuations.

[hydrus] 01/8/2019 13:49

I suspect it's just the market. It's not cheap based on normal metrics, although my hope is that once we get full year results it becomes clear the PE ratio is actually closer to 20 than 30. Current broker expectation seems to be for only a 13% increase in profits and that doesn't seem to have been updated since the trading statement. I'm quite excited about this company so happy to hold.

[ali47fish] 01/8/2019 13:39

I don't understand why the share price keeps falling - the last update was good and the management is also good so where lies the problem?

[john09] 12/7/2019 08:52

And... because people bought it just for the trading statement and it backfired

[toffeeman] 12/7/2019 08:50

And it hit resistance at 790 (I missed it otherwise I would have shorted)