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AGFX Argentex Group Plc

29.50
0.20 (0.68%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Argentex Group Plc LSE:AGFX London Ordinary Share GB00BJLPH056 ORD �0.0001
  Price Change % Change Share Price Shares Traded Last Trade
  0.20 0.68% 29.50 70,816 16:35:23
Bid Price Offer Price High Price Low Price Open Price
29.20 30.70 29.30 29.30 29.30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security,commodity Exchanges 49.9M 5.1M 0.0423 6.93 35.29M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:23 UT 15,343 29.50 GBX

Argentex (AGFX) Latest News

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Date Time Title Posts
12/12/202412:08Argentex1,039
29/12/202318:01Argentex, the bespoke service-led FX solutions provider1,337

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Posted at 15/12/2024 08:20 by Argentex Daily Update
Argentex Group Plc is listed in the Security,commodity Exchanges sector of the London Stock Exchange with ticker AGFX. The last closing price for Argentex was 29.30p.
Argentex currently has 120,429,055 shares in issue. The market capitalisation of Argentex is £35,285,713.
Argentex has a price to earnings ratio (PE ratio) of 6.93.
This morning AGFX shares opened at 29.30p
Posted at 05/12/2024 16:44 by sphere25
That was an interesting watch.

So there is a notable pick up in activity on the back of that director buy with a tidy 2.23m exchanged, without delayed prints. It looks like someone still has (or had - unsure) a wedge to sell and they have closed off the key 32p breakout level, and then dragged the price under 30p, with the book looking weak and unfilled on the bid at around 29p.

But then a whole host of buys have hit the book with the buyers eating through the sell orders to firmly hold 30p. In that auction the order book was stacked on the bid from 30p-30.4p.

So basically there are some absolute kamikaze loons buying big here just under 30p who believe the next trading update (and indeed further updates) will be in line or at least won't show deterioration or miss expectations in any big way. They are now sat on the bid at around 30p willing to keep buying in size.

Not sure if the sellers are exhausted but the book did look thin on the offer.

Let's see if there is any activity tomorrow.


All imo
DYOR
Posted at 05/12/2024 14:09 by silverlandfinance
Something is up with this share
Posted at 04/10/2024 08:17 by hibberts
3 October 2024



Argentex Group PLC

(the "Company")

Director / PDMR Dealing



Argentex Group PLC (AIM: AGFX) announces that Nigel Railton, Non-executive Chairman, on 2 October 2024 purchased 294,387 ordinary shares of £0.0001 each ("Ordinary Shares") in the Company at a price of 34 pence per Ordinary Share.

Following this transaction, Nigel Railton's total beneficial interest in the Company is 586,430 Ordinary Shares representing approximately 0.49% of the Company's issued share capital.



For further information, please contact:
Posted at 02/10/2024 17:46 by ali47fish
01 October 2024



Argentex Group PLC

(the "Company")

Director / PDMR Dealing



Argentex Group PLC (AIM: AGFX) announces that Guy Rudolph, Chief Financial Officer, on 30 September 2024 purchased 60,021 ordinary shares of £0.0001 each ("Ordinary Shares") in the Company at a price of 33 pence per Ordinary Share.

Following this transaction, Guy Rudolph's total beneficial interest in the Company is 60,021 Ordinary Shares representing approximately 0.05% of the Company's issued share capital.



For further information, please contact:
Posted at 18/9/2024 09:36 by silverlandfinance
The growth potential is in the narrative.
Last year, they spent £3,6million on capex. Their gross margin is 72% and they are opening two new offices.
The share price should be 2p up not 2p down.
Posted at 09/7/2024 08:01 by silverlandfinance
This morning's announcement is positive and indicates that the share price can only go one way-up
Posted at 24/5/2024 08:20 by silverlandfinance
The gyrations in the share price are perplexing. Also the buy/sell spread is very wide.
Posted at 22/5/2024 08:01 by silverlandfinance
Raymondmoz
I agree with you that the shares are incredibly cheap.
The company is profitable and cash generative having a cash balance at the last count of £18.3million, augmented by the recent fund raise. Yet the market value is languishing. around £40million








































































Raymondmoz
I agree with you that the share price is incredibly cheap. The company is cash generative and debt free. The £18.3m cash balances are augement by the rececent fund raise (appx £3.5m), yet the
Posted at 02/5/2024 11:00 by silverlandfinance
How do you square a placing price of 45p per share with a market price of 36p per share.?
The share price has got to go up!
Posted at 02/5/2024 10:00 by eagle eye
I'm a previous shareholder in AGFX.
I sold out last July on the the basis of a trading update which was woefully short of detail plus an unprofessional chitty chatty interview on Vox.
As with many companies in AIM, broker notes aren't often worth the paper they are written on.
To think AGFX could get away with a cash raise at the 45p, which was at the current market price was miscalculated at best. In this market it needed to be discounted at least 15 to 20%. The market obviously isn't impressed and is currently 37-38p.
Today's RNS appears to contain a lot of reassuring waffle that is short of detail.
Give us your money and we will realign the business towards sunnier days in a few years time.
Investors should take a look at Equals whose revenue is growing at a faster rate and margins higher than AGFX looks to aspire to. What's more Equals has built it's model and is rapidly gaining traction.
One wonders why some companies come to AIM. Looks like AGFX listing was to enable founding shareholder to make an exit. Now everyone gone, looks like it's job done and dusted.
What's now left is a ragbag of a business that needs to realign to a new business model.
Best of luck to all those who remain, but for me it's lesson learnt and over and out.
Argentex share price data is direct from the London Stock Exchange

Argentex Frequently Asked Questions (FAQ)

What is the current Argentex share price?
The current share price of Argentex is 29.5p.
How many Argentex shares are in issue?
Argentex has 120,429,055 shares in issue.
What is the market cap of Argentex?
The market capitalisation of Argentex is GBP 35.29 M.
What is the 1 year trading range for Argentex share price?
Argentex has traded in the range of 26.00p to 95.00p during the past year.
What is the PE ratio of Argentex?
The price to earnings ratio of Argentex is 6.93.
What is the cash to sales ratio of Argentex?
The cash to sales ratio of Argentex is 0.71.
What is the reporting currency for Argentex?
Argentex reports financial results in GBP.
What is the latest annual turnover for Argentex?
The latest annual turnover of Argentex is GBP 49.9M.
What is the latest annual profit for Argentex?
The latest annual profit of Argentex is GBP 5.1M.
What is the registered address of Argentex?
The registered address for Argentex is 25 ARGYLL STREET, LONDON, W1F 7TU.
What is the Argentex website address?
The website address for Argentex is www.argentex.com.
Which industry sector does Argentex operate in?
Argentex operates in the SECURITY,COMMODITY EXCHANGES sector.

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