Describing itself as “a leading global consultancy to the financial services industry”, Alpha Financial Markets Consulting (AFM) has issued a trading update including “trading has improved through the rest of Q4, as expected” and that it “has seen higher sales wins in recent months, while maintaining a strong pipeline of new business opportunities”. So why a current 330p share price comparing to 390p at the start of 2024?
Describing itself as “a leading global consultancy to the financial services industry”, Alpha Financial Markets Consulting (AFM) has issued a “trading update” including for its year ending 31st March 2024 “consultant utilisation improved in Q3 close to target levels” and that it “now expects the group to deliver FY 24 results showing net fee income growth of up to 5% against the prior year and adjusted EBITDA of approximately £42m - £43m at a slightly improved margin on the first half… The group also maintains a strong net cash position”. So what of a current share price down more than 8% on the announcement to 340p?
Hello, Share Takers. Today’s choice isn’t in a popular sector for investment because it sounds rather stodgy. But, as my grandpappy used to say, where there’s greyness there's often money. Alpha Financial Markets Consulting (AFM) gives advise to asset managers and insurance companies. It’s big, with over 650 consultants globally, operating from 15 offices spanning the UK, Europe, North America and Asia.








