Alpha Growth Share Discussion Threads

[cszjrh2] 17/5/2024 11:44

- Operationally derisks us by reducing the dependency upon the board members to 'run the bank'- Potentially adds a lot of extra horse power to organic growth- Presumably will accelerate future acquisition integrationsWhilst the regulatory approval will take until Q3 I wouldn't be surprised if the teams have already been working closely together for some time now. 'I liked the product so much I bought the company'Now we just need the next acquisition or two to be for large slices of AUM and we'll really be at the races.

[baghdaddy2018] 17/5/2024 07:51

Alpha Growth PLC - Acquisition Insurance Services Company #ALGW @algwplc hxxps://www.voxmarkets.co.uk/rns/announcement/76697d51-8272-48b6-9735-23b0d9bd78ed #voxmarkets

[qsmeily456] 16/5/2024 17:37

Great link....thanks.

Undervalued.....

Other expenses rise by nearly £2mil....why what are they? 🫨

[cszjrh2] 15/5/2024 19:17

https://wp-allenby-2020.s3.eu-west-2.amazonaws.com/media/2024/05/20240515-Alpha-Growth-plc-ALGW.L-Allenby-Capital-Finals.pdf?c4157=on

[qsmeily456] 14/5/2024 08:02

Then sell up 🤣 stupid is as stupid does 🫨

If you did invest on the last rns you paid c1.6p so bank the BE or slight profit if you are really worried.

Or do more research 🫨🫨🫨🤣

Suspect you're a 🐘🐂💩💩8019; though

bri151

3 May '24 - 13:46 - 3493 of 3495
0 0 0
I've put more in.

[bri15] 13/5/2024 20:30

How come this company has so much money now when in June 23 total cash and cash equivalents was £113,281.I invested quite a sum here on the back of last RNS and got niggling that all is not how it appears here, unfortunately i have been screwed in the past by dodgy BOD and don't want same thing happening here.

[bri15] 13/5/2024 13:46

I've put more in.

[logica2me] 13/5/2024 12:51

I've taken some out this morning and invested in Katoro Gold after a tip off from a broker friend of mine. Epic is KAT - worth a punt, less than £900k market cap

[7rademark] 10/5/2024 15:53

About to tick down again. All good it's been a strong rise so profit taking expected. As long as 2p holds I'll hold.

[logica2me] 10/5/2024 13:18

Some heavy selling today but the price is holding firm. Can only assume there's a big buyer still.

[qsmeily456] 10/5/2024 10:21

Someone selling in bulk smaller buyers 🫨

[logica2me] 10/5/2024 09:15

Decent volume already.

[qsmeily456] 09/5/2024 20:28

Ok let's see. It's more than 300%, growth then there's integrating and assimilation.....not easy 🫨

[baghdaddy2018] 09/5/2024 19:59

Smelly, it's quite easily achievable within the time frame, these assets are available for purchase at bargain prices. $1 million has been buying them an equivalent $70 million in AUM so the $1.4 billion required to breach the $2 billion target would only cost ALGW circa $20 million. I said when the first announced the 2B plan that their target was Conservative and I still believe it to be so

[7rademark] 09/5/2024 19:35

The 2bln will be achievable via acquisition.

[qsmeily456] 09/5/2024 18:39

£619m AUM stated

Suddenly debts gone and c£7.5m in the bank 2023 numbers

They're making decent returns equivalent on PE of say 8 which is low that's a double digit SV even allowing for DCF.

That's not factoring growth.

HOWEVER....tripling the c619 to £2bn in 18 month IS NOT going to happen.....its simply ridiculous......even as a stretch target 🫨

[logica2me] 09/5/2024 18:01

Well done pal. Really helpful…

[baghdaddy2018] 09/5/2024 17:57

You need to do your own research to find the right figures, it's all available in the public domain

[cszjrh2] 09/5/2024 17:32

Only $35m AUM is in BOAGFThe vast majority of the rest is in the two insurance companies and definitely not returning 1.5%.

[logica2me] 09/5/2024 17:13

So I've done some calculations.

Based on $600m of assets under management, with an average fee of 1.5%, that's a minimum of $9m of year in fees to Alpha Growth.

It's worth noting that those fees are based on a very conservation 7% growth. The funds actually aim for 10-14% and Alpha will get 20% of any additional growth.

Based on $2bn of assets (2025 target), we're looking at a monthly income of $2.5m.

This explains the recent rise in cash balances.

Anyone not buying in at these levels is nuts.

[7rademark] 09/5/2024 15:19

Yeh I saw that but didn't want to lower myself to his level. Probably a retired school teacher.