Alpha Share Discussion Threads

[sleepy] 30/10/2014 15:26

Market cap now c £2 million. Why would any institution be bothered?

[mgalle] 30/10/2014 14:00

The problem is Red Army that you will not be able to get the board to resign without strong institutional support. If they are upset with how things are going they will just dump the shares they hold - its not their money after all. However, it is hard to believe that you can spook the market any further.

I would much rather the board was concentrating on finding a lender, getting the debt down, selling properties (problem with this is that they more they sell, the less revenue there will be to service the debt but as there seems to be some level at which the banks will not lend above it may be necessary to sell some more.)

As far as I can tell there has been no massive institutional sell off but I could be wrong!

[red army] 29/10/2014 22:29

I for one will be taking this matter further.Rest assured.

[irnbru2] 29/10/2014 20:01

Barclay fiddle, ???

Must have missed it.

[irnbru2] 29/10/2014 19:59

maglle,

These are good questions.

Can I suggest, that the BoD may not be thinking as clearly as yourself.

[irnbru2] 29/10/2014 19:54

Red army,

I don't think that will happen.

Don't even touch this with barge pole, at 2p.

It should have been SOOO easy.

Rent property.

It all went a bit financial, who knows where the money went.....well that's not true...fairly clear where the money went.

The hedge on the currency, was hoot.

[red army] 29/10/2014 19:05

There has been some careless actions carried out by the board and they should be accountable.

[mgalle] 29/10/2014 18:58

Yes but will they? I haven't so far. I was wondering if the recent bounce was an actual big buy or was it just a shorter who over extended? (I keep buying and it keeps getting lower so I can understand your annoyance.)

Senor what are your thoughts on the recent property sale and how do you think it changes the % required for the renewal of the property loan. (I am assuming the extra money for the Barclay fiddle will be a short-term loan that the trust will try and reduce every year.)

Has anybody got recent figures on the institutional holders and other large holders and if they have changed?

[senor_sensible] 29/10/2014 10:35

mere peasants are able to buy at sub 2p. even the firesale value is over 5p per share.

[envirovision] 25/10/2014 12:38

By the time this company finds an even footing it will have effectively vanished into an infinite singularity and cease to exist, even shareholders paper certificates will simply vanish into a quantum universe.

Good luck red army, you will need it given the appalling governance and management ever present here. The truly shocking reality is how such incompetence has been executed over the years and exactly why that is.

From my own perspective it has been so blatantly shocking that I truly believe there is some other feverish motive at work here and it would probably be fascinating to know the true story behind it all but I suspect us mere peasants will never get to really find out what lay behind it all.

[red army] 20/10/2014 16:24

I am about to call for a extraordinary meeting to table a "no confidence" vote against the board due to failure to execute a strategy in the best interest of the shareholders.
If anyone is interested in joining me please email me your details to [e-mail] and I will respond directly assuming that you are a shareholder of the company.

[orchestralis] 08/10/2014 11:14

They need to sort out the debt, so sales area good thing at the moment.

[cjohn] 08/10/2014 11:09

Another property sale at book value.

[pugugly] 26/9/2014 13:57

New all time low - News leaking ? or risk now seen too high for potential buyers.

Declaration I do not hold but could see value if refinacing possible but LTV required required too high compared to current european bank requirements.

Only possible upside kicker could be a long term investor with deep pockets bidding, paying back the bank loans and then refinacing but would be at a scalpers price (imo) possibly just offering an exit route in the region of current market say 2p or less.

[bisiboy] 14/9/2014 19:49

does anyone think that ARTL might be used in any refinancing.

[cjohn] 10/9/2014 11:05

Given that they say the new capex of 9 m euros will be stepped, the bulk of the funds for this may well be spent after the refinancing.

[blackpoolsteve] 06/9/2014 09:30

Hi Senor

Its a pity the board cannot clarify in its statements what steps they are taking to get rid of the leaking bucket.ie Barclays.

Also, I know one Institutional buying has been selling down for at least 2 years now,but others hold 50%+,so presumably they wont be very happy with the board,but really should be putting pressure on them to quit Barclays asap,and renegotiate their debt to more favourable rates.

I accept that this is a delicate subject,but communication and intention after years of decline,would be reassuring

Regards, Steve

[senor_sensible] 05/9/2014 13:08

Analysis: Andrew Walker, BBC Economics Correspondent

So the ECB is getting back into the business of buying financial assets. No government debt this time, though it's clear that could yet come.

Instead the focus is on assets that bundle up private sector loans.

Does that sound familiar? Yes, it was that kind of stuff that played a central role in the financial crisis, especially mortgage backed securities in the US.

But that market is much less developed in Europe and it could ultimately help the Eurozone deal with another problem: the continued weakness of the banks.

If the market for this type of asset were to expand it would make European business finance a bit more American, with a bigger share of commercial loans coming through the financial markets and less through struggling banks.

Just saying like........

[senor_sensible] 05/9/2014 10:32

Just to note/clarify: Any conversation I have with the company will remain private and anything I write on these boards should not be mistaken for a direct quote from Alph, if anyone wants to discuss any detail with the company I suggest they phone themselves.

[senor_sensible] 05/9/2014 10:23

No, not heard this directly from the company from the company.
It is widely know that Barx are trying to exit the EU market, it is also widely known that Barx have shafted this company over the last couple of years.
it has also been reported that Alph are looking at other finance options
And several other financial companies are investing in this region.
Also, the ABS activity from the ECB will cause a lot of very cheap EU money ($1trllion, is quoted) making it easier for Other financial institutions to free up cash to finance them
If working on a percentages game - it would seem extremely unlikely that Barx would be the company re-financing in 2015.

So in this context, IMO Barx are out of the picture

[oldie11] 05/9/2014 10:04

Senor, would you clarify your "Barx are out of the picture" comment at 1598? Did you hear this from the company?

[senor_sensible] 04/9/2014 20:00

Lol, I am normally out of the way for months on end, but the little boat I live on is in dry dock having a repair done. Don't worry, I will be back on water soon enough and posters here will fear the heart attack got me.

[mgalle] 04/9/2014 19:03

Hi Senor

I hope you are going to ease up before you have a heart attack - Feb 2015 is some time yet. I really don’t care what the share price is currently as long as it has a Hollywood ending.

Don’t you think you should be careful what you say? I am sure you don’t have inside information but from a certain point of view - Ok the board have said publicly they are looking at their options to refinance, so nothing new there.

Hosede comes across in his earlier posts as head shorter but in his most recent posts he says some sensible things (and I suspect he has made a lot of money)

[senor_sensible] 04/9/2014 17:32

Barx are out of the picture, call the company and see what they have today