Alphaform AG (AFRMF)

[Jp111]

Sliding down! Time to get out...

[Jp111]

Really little movement - illiquid

[Jp111]

Seems like a real dead stock

[sttone]

http://www.alphaform.de/pdf/Ad-hoc_Q2_2014_en_Finale.pdf

financial statement earnings

[someconcerns]

APA,

There are a few sites where you can get some information on them in english:

http://quotes.morningstar.com/stock/s?t=XFRA:ATF®ion=deu&culture=en-US&ownerCountry=USA
http://www.boerse-frankfurt.de/en/equities/alphaform+ag+DE0005487953
http://finance.yahoo.com/q/ks?s=ATF.DE+Key+Statistics

Also, I'm sure investor relations (a link on their site) could respond to a request in english.

Hope this helps!
Steve

[apapado2013]

I tried to visit their website and to my surprise it is only available in German language!

[someconcerns]

Thanks for posting the financial results!

[sttone]

http://www.dgap.de/dgap/News/adhoc/alphaform-preliminary-first-quarter-alphaform-track/?companyID=69&newsID=798699

[martin911]

Interesting Interview;
http://3dprintingindustry.com/2014/03/26/3d-printing-alphaform-dr-thomas-vetter/

Like specialy the following statement:
We have had increasing demands since several months and operate in some of our units close to capacity limits

[someconcerns]

New positive article by D.Mero.

http://seekingalpha.com/article/2083303-3d-printing-investors-should-do-as-insiders-and-sell-proto-labs-buy-alphaform-instead?source=yahoo

[BiotechValues]

My bad. I misinterpreted your post.

I just wanted to state that I don't write about stocks just so I can sell them- not my style.

I'll be holding my Alphform shares at least until next year, when they are projected to return to becoming EPS positive.

Good news out of Europe and Germany's economy today also:


http://www.investing.com/news/economic-indicators/german-ifo-business-climate-rises-to-31-month-high-of-111.3-in-february-268049

[FaithfulAndTrue]

I wasn't referring to your article, so I apologize that my message somehow got misconstrued. There was a second article that came in a few days after yours that takes the exact opposite opinion of your own (which what I was calling out--how there can be two articles within days of each other on SA with completely polar fundamentals). I have actually purchased shares of the company largely because of your research, and so, again, I'm sorry that my annoyance somehow seemed to be applied to your work (definitely wasn't!).

[BiotechValues]

I wrote the article, and I don't "pump and dump".

In this case, you may not agree with the valuation, but please don't say I'm personally pumping/dumping. That's just not my style. I buy/hold undervalued 3D printing stocks and I only write about the ones I believe are worth a buy/hold for a 3-6 month minimum period.

I bought Alphaform shares because I personally thought they were undervalued. I wrote about my opinion on SA, and I still own every single share I bought at under 3 euros.

Just wanted to clarify things in this particular instance.

having said that... I agree with you that SA is sometimes used for P&D tactics, and that (for lack of a better word) sucks.

[BiotechValues]

Alphaform announces successful capital raise at 3.40 euros/share

https://3dprintingstocks.com/breaking-news-alphaform-ag-successful-capital-raise-3-40-eurosshare/

[sunscreen99]

Alphaform to raise EUR 1.8 million through private placement: http://www.alphaform.de/pdf/Adhoc_KE_21022014_final_e.pdf

[FaithfulAndTrue]

I was able to get shares, but will the bid/ask ever work themselves out? Shouldn't they be displayed by now?

[Schris]

Looking at Renishaw's website I am surprised they do not use the term 3D printer.

Looks like their AM250 laser melting machine is really a 3D printer. They do mention additive manufacturing.

Any idea why they do not mention 3D printing?

[roysh]

Correction...correct symbol is rnshf

For renishaw on the pinks..not rsnhf

[sunscreen99]

Shares are also listed in Frankfurt and Stuttgart with bid/ask spreads between 2 and 6 percent:

http://www.boerse-frankfurt.de/en/equities/renishaw+GB0007323586

https://www.boerse-stuttgart.de/en/factsheet/equities/overview.html?&ID_NOTATION=3704037

[roysh]

Yes renishaw is cheap

Thanks to eu myopia...if on the nasd here imowould easily be 2x its current cap of a little over 2b usd...in the same league as ddd and ssys that trade at considerably higher valuations

If you cant trade in london RSW.L it does have a us pink sheeter RSNHF..around 30...but i'm not sure its for a single share or .20 of a share...look into it if interested

[sunscreen99]

Renishaw looks interesting indeed. Just read through their annual report. Solid numbers and - in my opinion - bright prospects regarding their additive manufacturing business with the integration of German LBC GmbH.
Bought a few shares this morning. Can't believe I didn't have them on the radar so far.

[JLM27]

This is textbook bubble reasoning. Nowhere did you assert why the comparibles you cited are justified in their sky high valuations. Not to mention that all the companies you cited aren't even comparibles because they are 3d printing manufacturers. Yes, you can make money in a bubble as the price rises, but eventually the bubble will burst

[roysh]

Whats clear is eu investors dont have a clue about 3Dsector

Witness
Phenix...bought by ddd...doubled
Arcam...if still solely trading in europe would still be 11-12...instead o where i is. Split adjusted 170
Groupe Gorge...trading 10s when left to eu investors...has since more rhan doubled
Renishaw...tradung in london at about 2B usd...if on the nasd would be double tgat


Conversely if ddd and ssys traded only in eu i have little doubt guven european myopia theyd both be trading around 200-300m
Basically they have no vision....its all backward reconnaisance.
So..to me..its no surprise that some german investor pops up arguing 23m is a sold bubble over valuation for a 3d farm like Alphaform
So some basics...identify high growth sectors..identify all the players...identify gross undervaluation relative to peers...buy it.
This is not to say any company does not have to perform...they do..but if you understand the value of the sector you can anticipate growth
What i expect to happen is the backward looking myopic european way of valuing a 3d company..yet again...will be proven wrong...and us investors will be yet again...proven right.

[roysh]

Suggest correcting the symbol in the intro

Correct symbol is AFRMF
Not amrmf

[FaithfulAndTrue]

Yeah, that's true--they do give a viewpoint and opinion for readers to analyze (whether it's true or not). I was actually thinking of using that same phrase--read the articles with a "grain of salt."

[heda_p]

Having said that I like to read their articles a lot but take things with grain of salt after all they are allowing every aspirational writer to publish an article....it's not SA fault that someone wrote a wrong article to justify their agenda

[heda_p]

I must say I had an instance like that....I bought zynga when it was under 3, playing zynga poker and seeing their cash it was a no brainer a buy for me....those days every zynga article was negative from SA....and now @ 4.50 nothing much change and they are recommending buy now a days.....

I sold @4.89 my stocks and will buy again @3.51, unless gambling has better chance to be legal.....

[FaithfulAndTrue]

That SA bunch is the biggest group of manipulators around. I wish their articles weren't syndicated directly into mainstream news feeds. Their content is nothing different than articles that come out on pumpanddumps.com. They'll overly hype or bash any given stock at any given time if they find a way to manipulate data to their benefit regardless of truth. I've literally followed a stock where one day they said it's the greatest stock and then not but a few days later they say it's terrible.

[Lilpunch01]

New SA article out

[FaithfulAndTrue]

Just so you know, the author of that article is this board's moderator. It looks like he knows his stuff. :)

[heda_p]

Check this out...http://www.engineering.com/3DPrinting/3DPrintingArticles/ArticleID/7112/Alphaform-AG-AFRMF-German-Engineering-AND-Value-in-a-3D-Printing-Stock.aspx

My first post so:)

[BiotechValues]

Alphaform = best performing 3D Printing Stock today.

Looking good.

Still hard to believe this company has more revenue/share than 3D Systems, 2.5X the sales of Voxeljet, and a P/S ratio under 1.

Yes, they're restructuring... and 2013 was a rough year- mostly due to their exposure in Germany and the recession that didn't end there until August. And yet Q3 was a near record quarter for Alphaform. If they were reporting using "headline" Non-GAAP methods like all the US companies do, they'd probably be EPS positive for Q3.

Just give this one time to "simmer" and it will do fine this year.

[someconcerns]

You CAN get the real-time quote on Fidelity, just no bid or ask.

Try the following, which at least is what I get:

https://fastquote.fidelity.com/webxpress/popup_frameset.phtml?SID_VALUE_ID=AFRMF

[bullethole27]

Still not on Schwab or Fidelity.

[r0und3r]

Now filled. Looks like someone just dropped a cool $85k.

[r0und3r]

BID / ASK now showing on Scottrade

[Golden Bear1]

AFRMF: Looks like someone wants in 19767 shares at 5.10

[r0und3r]

In! Took a position at 5.22.

[someconcerns]

Clouda,

I do not know whether the listing is "sponsored" by Alphaform to broaden their appeal and make it easier to raise funds here or if a brokerage is the sponsor, simply to make money. Garry or Joe would be in a better position to answer whether one CAN convert the existing "grey" shares. I really do not know. GL

Steve

[cloudatreides]

This is an interesting stock that I have fallen onto. The main problem here is that it isn't even considered a OTC stock and the information avalible in English for investors to digest is extremely limited.

Can someone explain why it is just recently avalible for trade on the American side? Also is there work that is being done to fix the status of being on the "Gray Market"?

I followed Gary from SGLB here BTW.

[someconcerns]

Yes, I thought it was getting a bit frothy when it hit $6.25 so quickly. I thought briefly about taking the profit (from $4.90) and waiting for it to drop back, but did not.

The pullback is good, IMO, as we were rather ahead of the bid on the underlying shares in Frankfurt at about $5.50.

Some premium in the price is the price of buying in a convenient form, but you can have my shares for $20 right now.

[BiotechValues]

I alerted 3D Printing Stock Fund manager Alan Meckler to the value here and he's looking into it.

[BiotechValues]

I'm LONG TERM here, unless it hit's $20/share, lol.

But seriously, I added this morning.

I think we may have a 2-3 day run starting here.

And this is a long term one for me, absolutely.

[mstrike]

Incredibly undervalued even at 7 EUR or 8.50 USD....More revenues than VJET,less OS, great potential!!! VJET was quoted 13 USD by experts at its IPO now tradind at 33 USD... What are we talking about here?? GREAT JOB GARY!!!

Mike

[roysh]

Imo best to think market cap

Rather thancurrent price in either euro or usd
At 20m or so it seems extremely cheap relative others in 3D printing...both services and more so mabufacturing printers
My guess is it trades somewhere between 60-100m cap..wild card is the smallish float..if a hedge fund or two gets involved it could be more

[ap223]

The price is getting away from me. Up 25% now. Still can't buy with no bid or ask. How high can it go to still be a good buy?

[someconcerns]

Garry and Joe,

What price targets at what points in time do you have? Do you view this as a long-term or short-term hold?

Steve

[someconcerns]

Now $5.45, as quoted by Fidelity.

[someconcerns]

Fidelity shows $5.20 just now

[kamwjm]

just checking - is everyone seeing approx. $5.15 / share ? Ty