Alpha Share Discussion Threads

[ihatemms] 23/10/2023 08:08

Has everybody received their dividend yet - was due on 20/10? Don’t appear to have received anything from Interactive Investor yet.
Update - got credited after a phone -call - not impressed.

[ihatemms] 16/10/2023 23:37

The CEO sell is only about 12.5% of his total holding - so he still retains a massive 87.5%.

[bones698] 16/10/2023 21:26

Think the 15m CEO sell says a lot and will have spilled a lot of investors . With a mkt cap of 750m this looks expensive even with decent profits . Can't blame anyone for selling when the CEO sells so many . Those that have been here a while have made their money and should have sold out . Those arriving late are he ones taking a big gamble imo

[mrscruff] 16/10/2023 16:32

ALPH has to be oversold and an upward correction should be violently high. The company is still hugely cash generative, possibly the growth story of the UK. The US10Y is recovering its pull back so who knows where rates are going but it will remain higher for longer.

[ihatemms] 16/10/2023 16:29

The share price fall seems to triggering a lot small PI’s being panicked out of their holding. A few director buys would certainly help sentiment.

[datait2] 16/10/2023 14:39

if this goes to 1400 and then back to 2300,and again and again, it will be annoying, as i dislike high beta movements.
if we can get a lower beta, eg more buy and hold, more volume, we should see a more straight line movement, instead of this up down up down.

[datait2] 16/10/2023 14:36

im a bull, the stock has went up 700% and that is even when we had 0.5% interest rates.
the recent and indeed 2 yr performance shows that either the stock price is being manipulated or those fund managers that own AIM stocks have reached their max allocation to Alpha.
the business model hasnt changed, we just need more funds to buy in ane indeed a large retail ownership as well and much more daily trades.
alpha was never over valued or undervalued, so we also dont see the big swings in price like we have seen in many US stocks which many are even 90% off their peaks.

[mrscruff] 15/10/2023 16:39

ALPH won't go up and in a straight line as is the nature of interest rates right now, but if we expect higher rates for longer then over the long run this is one of these few UK companies that has the growth of US companies.

ALPH is down as people suspect the peek in rates. Worth adding for the higher for longer scenario that is likely for the next 5 years. Cash and M&A to come.

[datait2] 13/10/2023 14:27

most stocks i follow are US based, you can see the pattern easily, eg huge up to a peak in 2021, then huge down to 2023, a lot have lost 90% of their value, mainly cos they were overvalued in 2021.
but alpha share price is like a heart monitor, up, down, up, down, no real pattern and its frustrating

[datait2] 13/10/2023 14:25

the problem with alpha isnt the business model, it is the share ownership.
hardly any retail know about it, hence is all institutes who move it up and down easily. hardly any shares are traded daily hence a large spread.
if more retail knew about it ,they could continue to buy in and overcome the buying and selling manipulation of institutes.

[ihatemms] 13/10/2023 12:55

Alpha won the AIM Company of the Year award last night. I would prefer it to win AIM share price performance of the year award.

[mrscruff] 13/10/2023 10:15

I don't know if its allowed here but if anyone into diversified portfolio construction, I have a allocation to financials that benefit from higher rates and have are in net cash positive. If anyone has anything that benefits from high rates please let me know. My other is Bank of Georgia. I have plenty of bond proxies to bet the other way. I am hoping they all come together nicely and grow with rates falling to about 4% eventually. Much in the world is sadly not good.

[nicholasblake] 12/10/2023 17:37

What can safely be assumed is that if rates persist at these levels the banks will start attacking Alpha's client base, plenty of which will have been let go by banks.
In meantime, case of making hay while sun shines.

[mrscruff] 12/10/2023 16:02

Np, comfort depends on your portfolio construction and while ALPH benefits from higher rates we should going forward expect to grow the company organically.

[ihatemms] 12/10/2023 14:25

Thanks for the graph MrScruff and it provides a good degree of comfort.

[mrscruff] 12/10/2023 13:15

The Interbank Rate:
hXXps://tradingeconomics.com/united-kingdom/interbank-rate

So Q3 interest rates have not really gone up from Q2 so all is well in my opinion and the company remains strong. The international bank rates will not fall anytime soon.

[sdmbot] 12/10/2023 10:44

Perhaps because they deem it to be Extraordinary Income, they don't feel it merits a RNS, same as their exposure to different fx pairs, client weightings etc.

[mrscruff] 12/10/2023 10:27

Is it not odd why price sensitive information would be located there? I will take a look, thank you.

[sdmbot] 12/10/2023 07:21

Took a little bit of finding...

hxxps://www.alphagroup.com/investors/financial-information/

[ihatemms] 11/10/2023 22:41

It’s on alpha’s website.

[mrscruff] 11/10/2023 21:52

Where do you get this Q3 interest income data? I cant find it on the London Stock Exchange?

[wjccghcc] 11/10/2023 18:54

I guess that's in line with Liberum's forecast of 69mm other income. 33mm in H1 implies 18mm in Q3 and Q4 which is 1.9bn @3.8%.

[ihatemms] 11/10/2023 16:56

Q3 interest income data our now and it’s identical to Q2 (1.9bn @3.8%)??Bizarre!! Interest rates have moved up in the last quarter and why would client balances have not moved either. Q1 figures were 1.6bn @2.8% - so Q2’s figures make perfect sense. But Q3 unchanged to Q2 makes little sense to me.

[wjccghcc] 10/10/2023 20:42

Sorry, forgot to annualise it. Thanks.