Edison Investment Research - AFH Financial Group (AFHP) Update: Acquisition opportunities growing

Report

Edison Investment Research

Update: Acquisition opportunities growing

AFHâ€™s full year trading update to end October 2014 confirmed that current trading is in line with market expectations. However, it is noticeable that the report was biased to the growth in inorganic opportunities both in scale and number. We expect AFHâ€™s historic prudent approach to continue, noting that our forecasts only include deals as completed. Deploying the groupâ€™s Â£5m+ cash pile has the potential for estimate upgrades.

07/11/2014 5 EN

Underlying

AFH Financial Group

AFH Financial Group is an independent financial adviser and investment manager. Co.'s segments include Financial Advice and Investment Management and Protection.

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GB00B4W5WQ08 London Stock Exchange United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Update: Acquisition opportunities growing

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