My thoughts on the 'voluntary disclosure' of FX broker #argentex #AGFX ...."Riskless Principal" indeed the-blindspot.com/guest-writer...
0
0
0
0
Hashtag
#agfx
Advertisement · 728 × 90
0
0
0
0
Argentex #AGFX
Share Price 4.4p (10:03 a.m.)
What single question would an investor ask management today to confirm a better upside view?
400+ trades done this morning.
However, the value of those trades is tiny.
Almost all trades look like tiny program trades.
No Position.
0
0
0
0
Argentex #AGFX
Bid/Offer 3.3p/3.5p
Suspension on AIM trading lifted today at 7:30 a.m.
Swift directors' changes!
Drawdown of funding relies on the IFX payments consent.
What's Up?
No position.
Just watching.
Expect some sort of speculation, rightly or wrongly!
Would a listing remain?
2
0
1
0
Not a holder of #AGFX but could have been, and could quite easily be in the future.
It's a great example of why I prefer the term ‘Risk Manager’ to investor.
Risk must be understood before anything else, know how much you stand to lose, if you have any longevity it this game it will happen one day
0
0
0
0
On this week's Small Caps Live weekly summary, we looked at news from #ANX #AGFX #CAR #CAPD #PEB #SOM #SYS1 open.substack.com/pub/smallcap...
2
0
0
0
Really feel for #AGFX holders. I fell for some of the pump a while back but didn't like the vibe and decided to exit after a year and luckily actually made a profit, something I don't usually achieve on AIM. The recent new skin in the game showed how it's only 1 measure to consider.
3
0
0
0
Think Risk First, Not Reward
audioboom.com/posts/871017...
Macro / Micro News for Thursday 24th April 2025
MICRO
ACTIVEOPS #AOM
ARGENTEX #AGFX
CHECKIT #CKT
ECO ANIMAL HEALTH #EAH
ONE HEALTH GROUP #OHGR
TRACSIS #TRCS
INSPIRED #INSE
0
0
0
0
I feel truly sorry for the shareholders of #AGFX. Cash offer of 2.49p vs 43p share price when shares were suspended. They had £18m in cash, how can they just blow it up like that. Wow! The directors were buying at 40p just weeks ago. What level of incompetence.
2
0
0
0
Argentex #AGFX - Financial Position & Suspension of trading 🧐
"In the event that the volatility in currency markets worsens materially then the Company's financial liquidity position, if not strengthened in the near term, would be significantly stretched."
1
0
0
0
#agfx
MC not now 56m. Progress with this company still to be proven though. Remains high risk for me but still holding.
0
0
0
0
Economists expect 4 Interest cuts this year & BoE Should Deliver This
audioboom.com/posts/864074...
MACRO
Wage growth stays strong but job market dims
Heathrow & Gatwick airport could expand
Reeves wades in to motor finance scandal
MICRO
#AGFX #CTG #G4M #IKA #TMG #SHOE #SYS1 #TIA
0
0
0
0
#agfx
Position taken
MC 34m
Turnaround.
Historically FX pivoting to Fintech after management change a yr back.
Expanding geographically.
Director buying ✔️
Have cash and profitable.
Should be a trading update end of the month. Revenue predicted to be mid 40m.
Worth some research.
0
0
0
1
On this week's Small Caps Live Weekly Summary, we looked at news from #AGFX #BILN #FNTL #FRAN #ING #MAI #PMP #TND
Remember to subscribe to get it in your inbox each week.
open.substack.com/pub/smallcap...
4
1
0
0
Argentex #AGFX
Share Price 34p (+1.6%)
H1 EPS (-1.6p)
Slide below is about the changes needed. Hmm... it will take considerable time!
FX volatility isn't guaranteed.
FY revenue for y/e is £40m+, along with low single-digit % margins. Doesn't inspire!
Best to wait 6 mths.
Expect SP to fall <30p
0
0
1
0
Argentex #AGFX
Share Price 33.65p (+5.5%)
H1
Revenues very similar for '23 and '24.
Yet #AGFX moved from profitability to a loss. Huh?
Increased no. of clients but less FX volatility.
Lots of extra staff must be a factor.
A presentation tomorrow to explain hopefully why H2 might be different.
0
0
0
0
