Alpha Growth Share Discussion Threads

[cszjrh2] 28/10/2020 22:19

Who knows. 11 trades all day and only 1.5m total volume. Time for some good news from GS and the gang to get this moving...

[pretax2] 28/10/2020 16:48

I’ve got plenty of these, but if it gets to a silly price..... To be fair, it’s already silly.

[mick sturbs] 28/10/2020 16:17

Are the MMs having a last ditch attempt to scare bed wetters out of their shares before the next corporate update?

[maytrees] 28/10/2020 11:59

Greetings once more Topped up again at c. 1.45. There were then some later and larger buys today. DYOR though.

[maytrees] 23/10/2020 09:07

Good morning For info, I added 50,000 shares just now, which shows as a sell.

[mick sturbs] 22/10/2020 17:31

....and once we start getting AUM the snowball effect should kick in.

[pretax2] 22/10/2020 16:59

....and that’s without a performance fee.

[highly geared] 22/10/2020 16:50

$350 million (£267 million) x 1.5% = £4 million per annum gross revenue. Must be 75% gross profit for a business like this , so say £3 million net. Long term recurring revenues ascribes a PE ratio valuation. At PE 10 = £30 million market cap so easy 10 bagger from now.

[pretax2] 22/10/2020 15:58

All wrong - Here it is: hxxps://www.voxmarkets.co.uk/media/5dfcbea0906f7c001bea600f/?context=/listings/LON/ALGW/multimedia/ GS: 20th Dec 2019 “A good way of looking at (the business model) is.. for every million dollars invested we receive 1.5% annual management fee. For the next 12 months our goal is to achieve $100m in investable funds and the succeeding 12 months our goal is to achieve another $250m in investable funds; so you can do the math. Our target, given that the fund is open-ended, is to grow beyond the $250m target in 2 years onwards. And incrementally our expenses don’t necessarily go up as the size of the fund goes up, so we expect to produce a good margin just based on the management fee alone – not counting the performance fee” If Alpha get anywhere near this target I'm going to be very rich.

[baghdaddy2018] 22/10/2020 10:42

DS stated it in an interview he did shortly after being appointed COO

[sharetalk] 22/10/2020 09:40

7rademark mentioned it on 14/10/20 in Post 229 but the actual quote is older.

[mick sturbs] 22/10/2020 08:58

sharetalk, i seem to remember it being mentioned on here or maybe the lse board, was it during a phone conversation one of the tr1 holders had with GS?

[sharetalk] 22/10/2020 08:49

It was several months ago and was a reference to market cap not assets under management, which will become a lot higher than that figure anyway. I think it was Danny or Austin in an interview.

[steve81860] 22/10/2020 08:07

There was a conversation between GS & a pi a couple of weeks ago, this was on a telegram group. He talked conservatively about 100m in AUM'S by the end of 2021, also they are not signing up clients who want in for a year and then out again, wants a longer term client's for 3.5 or 10 years.

[sharetalk] 22/10/2020 07:14

Could someone provide a quote and link to the director comment suggesting it would be a $100m company on news. Presumably that was also before they mentioned adding the income product underwritten with an insurance guarantee, which adds even more value.

[hoper1] 21/10/2020 17:39

Hope you're right... holding tight!

[mick sturbs] 21/10/2020 17:17

Seen plenty of so called ‘jam tomorrow’ companies make it. I believe alpha will also make it.

[hoper1] 21/10/2020 15:38

You think so Mick... or is it more jam tomorrow?

[maytrees] 21/10/2020 15:22

That 730k share purchase pushed the bid share price up

[mick sturbs] 21/10/2020 13:04

update due from GS by end of next week - surely its time for some good progress to be reported... for GS to persuade pello capital to part with £500,000 for the placing completed in under 48hrs tells me something must be just around the corner. fingers crossed.

[7rademark] 16/10/2020 12:07

Stuck in its trading range, but thankfully recovered over 1.5p.Resistance at 2p and strong support at 1.5pStronger support at 1p if needed.