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ALGW Alpha Growth Plc

1.95
0.00 (0.00%)
03 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Alpha Growth Plc ALGW London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.95 08:00:00
Open Price Low Price High Price Close Price Previous Close
1.95 1.95 1.95 1.95 1.95
more quote information »
Industry Sector
GENERAL FINANCIAL

Alpha Growth ALGW Dividends History

No dividends issued between 03 Dec 2014 and 03 Dec 2024

Top Dividend Posts

Top Posts
Posted at 27/10/2024 20:30 by qsmeily456
Morax or Moron?

What they don't say is she also specialises in funding ventures

Funding and acquisitions take quite some time. So if she is ploughing through paperwork its going to be quite a while b4 anything happens.

But let's not p155 on the rampers fantasies 🫨



Mozax

RE: Top tier appointmentToday 17:05
Definitely worth looking more fully into our most recent hire.

Iris Admiraal is top drawer, and she wouldn’t have moved from Senior Vice President Legal Council at BNY Mellon and formerly Assistant Vice President Legal Council at JP Morgan Chase & Co to Alpha Growth UNLESS, there was a very serious opportunity for her.

She would have seen some compelling evidence to convince her to make a sideways move to this Relatively unknown Company.

ALGW have stated on a number of occasions that £2Bn AUM by 2025 ( now accepted during or by end of) is likely, and on a few announcements they’ve suggested it will be in excess of this figure.

It’s November imminently, 13 months to announce £1.3Bn plus……….I suspect Iris is sifting through a fair whack of paperwork at this very moment…….
Posted at 20/10/2024 15:20 by qsmeily456
What a 🐓

There's been loads of sellers sub 2p.

They've now said in 2025 so they've got 14 or so months to dilute to buy more AUM.

This company is a lifestyle fund for the owners who couldn't give a toss about small PIs.

Little PR comms etc and their accounts are opaque.

4 years and this share has lost value from 7 to under 2p. Great investment if u like negative returns 🤣




Mozax

RE: Funny MM’sToday 13:34
LSE fault here as ALGW closed up 5.68% and MM’s moved 4v1 and 2.10p on the ask.

Let’s see if next week breaks 2p and holds, in theory it should, as sellers aren’t around sub 2p.

Pretty sure we must be getting close to a biggish fund increase announcement, our recent high calibre Legal hire isn’t for thumb twiddling.
Posted at 04/10/2024 08:12 by andyview
Courtesy of mozax on lse:

RE: Allenby capital30 Sep 2024 12:30
“However, the shares are currently underpinned by existing potential, with optionality related to the potential for the build strategy to give ALGW access to opportunities for MATERIAL VALUE CREATION over the next 18 months.”

I suspect that is what Mark Ward (24% Holder) and James Sampson (5.2% & currently building) are here for. Material value creation.

It’s been a journey to test the patient but I suspect an announcement of a significant acquisition will apply heavy buying pressure, so the canny are buying up whilst it’s quiet.
Posted at 12/9/2024 11:35 by 7rademark
I note algw now state the 2bn aum is on track to complete "in" 2025 and not "by" 2025. They have been reading your posts Q.
Posted at 10/9/2024 10:05 by king suarez
Hi,

I used to be a shareholder here so am familiar with the business model and have kept an eye on this with a view to re-entering a position at some point.

I see revenues and AUM growing - lovely stuff, however expenses growing faster than revenue? Yet Allenby Capital forecast a sudden drop in expenses in their 2024 forecast to bring ALGW to more or less cash flow neutral.

1) Operating expenses grew from £2.4m to £3.8m between 2022 and 2023 - I look at Note 4 in the accounts for an explanation and see 'Other expenses' grew from £1.1m to £2.9m(!) - why? Marketing? This is a huge increase?

Operating expenses are then forecast to drop, markedly, to £2.2m in FY 2024 - how and why?

2) Expenses in managing owned insurance companies rose around £500k between 2022 and 2023 - ok, they are a larger business with greater AUM following aquisitions, makes sense. 2024 this is forecast to grow another £600k, slightly above revenue growth - suggesting there is no/negative margin made on this business? Cannot be right?

Can anyone help explain, or point me to where I can understand what is going on with the financials?

I understand they get c0.5% management charge on funds managed(?), so revenue is relatively easy to forecast should they hit growth targets, but expenses are all over the place - how can you therefore try to forecast profitability, and ultimately value?

Thanks!
Posted at 13/8/2024 21:42 by 7rademark
Qsmelly fails to understand that algws acquisitions are actually cheap and algw targets funds in their infancy showing prospects of growth. This is a poster who didn't even know algw were main market listed and instead accused algw of lying about their cash position describing them as an aim listed company. School boy error with immaturity in every post.
Posted at 09/8/2024 09:37 by 7rademark
"If required" algw was always going to be a slow burn. But significant progress is being made in all areas and the acceleration of the company will take many by suprise. Including the markets who currently undervalue algw with an mcap below cash.
Posted at 09/8/2024 08:10 by 7rademark
That 7m in cash arrived in quick time didn't it. As the company move toward the 2b target cash levels will really start to accelerate imo. The next acquisition will be imminent given the cash position. 2025/2026 we could even see dividends unless as expected algw are not bought out.
Posted at 06/8/2024 11:13 by 7rademark
Algw is fairly uncorrelated to medium and high risk stocks imo. I'm not saying algw would not be affected by a market downturn but usually stocks that have risen in strong markets are the first to see profit taking. Algw has underperformed the markets. Is undervalued and fails to inform the markets of its growth on a regular basis. The result is an mcap below cash value.
Posted at 05/8/2024 09:18 by 7rademark
ALGW Is in a defensive sector and as such should fair better in weaker markets. The markets are shoddy atm. But we are still off the radar for most investors. That will change imo. Algw need to shout about their achievements or risk being taken over too soon.

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