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expecting big rise
non exec bough 139k of shares. - shows confidence insiders own 23 % of the shares, recent fab results, much better than expected
multi bagger 30 pound very soon
multi bagger for sure
very low value at todays price, certainly, plenty of value, bargain at twice the price
Solid results. I would say the only downside was the bad debt which surprised me a little at £2.8m.
P/E is high and sales multiple of 7+ is very punchy but growth has been phenomenal and margins exceptional. From 2014 to 2021 revenue CAGR of 59.4%. PBT margin of 43%!! That revenue per client is also very interesting, it ballooned by 30% this year.
Growth is expected to slow this year to 'only' 15-20% at this point. But like 2021 management most likely have guided conservatively for 2022. if you look at the revenue forecast for 2021 in March 2021 it was £55m compared to a final result of £77m. If they keep delivering at the same rate we could see a cycle of upgrades leading to a number well clear of £100m which would give a P/E below sub 20
Since IPO the consistency of performance is unrivalled and AFX justifiably commands a premium valuation. I have been buying as much as I can on this dip, I expect this to be double the current price 2 years from now
non exec directors increased there share holdings
wow great day, gret results , directors showing confidence to invest, this share has it all to offer, multi bagger
P/E is around 20 on these figures. Surely not high?
The negative is the high p/e ratio. With the recent fall in the sp and these results it is coming down. Currently the dividend is less than 1%. Another two years of high growth, similar dividend growth, with a more modest rise in sp will put AFX on a stronger footing for the long term. Making it a more attractive proposition for many more institutional investors.
i agree certainly multi bagger, expect 25 pounds by end of month
brilliant results , fantastic prospects and future, im topping up
Don't care about the selling. People are stupid rule number 1.
This will rise regularly over the next 5 years. It won't happen all in one go.
I still believe we will get a massive uplift over the next few months followed by steady rises over the next few years.
5 bagger over 5 years
Hi Cambridge
Spot on I think. Everything seems to be stand out with these results and this company.
Stand-outs for me:
- the rise in earnings per share of 78%
- the increase in earnings for the alternative banking solutions division from £6.4m to £20.4m
WOW!
and yet many selling here on the rise can't undestand
Even my very high expectations have just been totally smashed out of the park this morning.
This share will double over the next 6 months
big money going in
on the up again
boom , on the up , big style
cheapest share o the market now, buys coming in now before it returns to 20 pounds plus
wow take off monday
bigbuys today, on the up for sure
Just some market angst. Topping up on the dip has always worked for me with this stock and I have been doing just that. This is one of a small number of stocks which I plan to hold forever, its total market is huge and they have only just scratched the surface
Can anyone explain the recent falls? The numbers are good, the news flow seems good but the price goes down. AFX has cash in the bank so increasing interest rates are marginally good. Can it be reduced NPV as interest rates rise?
I think we are near the bottom of the recent share price drop hence I bought some for kids ISAs.
Today's announcement confirmed that EPS for 2021 would be at least 50p, if I'm right.
Buyers must be after interim dividend, I guess. Happy days.
Incredible company and performance this one. I had been admiring this since the beginning and couldn't believe my luck when the price tanked to 500p last year. Seems like one to hold forever given its position and success in what is a very competitive landscape. That cash balance is becoming ridiculous
Wonderful results and a really nice tone to the comments; human and likeable. Very unusual in corporate comms.
how will market react, we are sitting at a high PEG ratio, that is my only concern