Share Name Share Symbol Market Type Share ISIN Share Description
Alpha Growth LSE:ALGW London Ordinary Share GB00BYWKBC49 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05p -1.92% 2.55p 2.30p 2.80p 2.60p 2.40p 2.60p 1,638,079 12:48:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial - - - - 3.22

Alpha Growth Share Discussion Threads

Showing 926 to 948 of 950 messages
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older
DateSubjectAuthorDiscuss
16/10/2018
11:35
Hopefully see a bit of blue soon as today would be 4 red days in succession which rarely happens
reks
16/10/2018
10:05
There are a large range of services Alpha are offering to clients not just administration fees on magaing the portfolio of SLS policies: The Company expects to acquire and retain clients which are institutions through existing relationships of the Directors and by active promotion within the SLS Asset sector. The Company expects these clients to require the following range of services: Advisory • Advice on existing SLS portfolios to achieve target returns including diversification of portfolios by way of underlying medical conditions, gender and carriers • Due diligence including a review of exclusions, riders, maturity dates and credit ratings • The servicing of acquired policies • The valuation and modelling of the SLS Assets • Reporting and monitoring of the deaths of the underlying Insured • Communication with underwriting insurance companies • Fund collections on maturity • Reporting and monitoring on the performance of the insurance companies which have written Policies contained in client portfolios • Regulation, risk and litigation analysis • Review of Valuation Basic Table changes which impact on portfolio analysis • The project management of specific opportunities within the SLS Asset class Acquisition • The sourcing of SLS Assets • Aggregation of SLS Assets for larger mandated orders with minimum transaction sizes • Initial analysis to establish price • Advice on the execution of SLS Asset portfolio acquisitions including title transfers • Structuring of acquisition vehicles Disposal • The analysis of pricing policies in relation to potential disposals or part-disposals • Advice on potential portfolio buyers • Advice on the execution of portfolio disposals Http://algwplc.com/wp-content/uploads/2017/12/AlphaGrowthPLC.pdf
euclid5
16/10/2018
10:00
wonder who is under Pershing Nominees at Algw - have a huge sholder interest Pershing Nominees s/holding: 21,465,000 = 42.86%
euclid5
16/10/2018
09:57
your wellcome, they are a closed-ended investment company. Yes more capital intensive, when Algw just act as a manager for these type of co's & collect their admin fees Yes, Acheron Capital Limited is the invst manager for their funds - they have a good team profile: Http://www.acheroncapital.co.uk/team/ Listed in March 2018, so after Algw - worth watching how they perform
euclid5
16/10/2018
08:44
Thank you Euclid
alexios1201
15/10/2018
21:34
Interestingly there's a mention of "Acheron Capital", who are more like ALGW perhaps, ie. providing professional advice to the actual SLS investors?
cyberbub
15/10/2018
21:32
Euclid, I didn't realise that LSA actually owned the policies - so yes, a different business model to ALGW. But still the same industry anyway.ALGW is less risky and capital-intensive, but with lower profits. Suits me, especially with a market cap below £3M, only £1M annual outgoings, high margin revenues, and potential revenues of several million quid a year (*if* Swick delivers on his promises...)NAI
cyberbub
15/10/2018
21:10
The life settlement industry in the United States during the first six months of 2018 was marked by the Tax Cuts and Jobs Act 2017 (TCJA). This is a boost to the market as it brings feasibility to policyholders to sell their policy. Previously, tax basis calculation for people selling their insurance policies and those surrendering was different: the former could deduct from sales proceeds past cumulative Cost of Insurance (COI), while the latter imputed past cumulative premium payments. Because information on past COI was difficult and sometimes impossible to obtain, many people lapsed or surrendered a policy. TCJA makes the basis calculation for both approaches identical, resulting in the abolition of a tax incentive to surrender rather than to sell a policy. This measure will support the supply of life settlements. Meanwhile, efforts have been made to streamline the policy selling process with the help of electronic health records and short-form underwriting. These approaches have the potential to transact a much larger number of policies in a shorter time and thus make transactions more accessible for millions of people. Https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/LSAA/13829116.html
euclid5
15/10/2018
20:57
Https://www.lsaplc.com/wp-content/uploads/2018/06/Corporate-Presentation-2.pdf
euclid5
15/10/2018
20:34
Below points that they own the policies & therefore have to pay ther premiums, pressume Algw isn't owning the policies but advices & manages the portfolio only so isn't carrying the risk of having to pay premiums until PH passes away. see pages 11-12 Https://www.lsaplc.com/docs/Life-Settlement-Assets-PLC-Prospectus.pdf Premium management risk: Unanticipated volatility in mortality rates makes liquidity management of premium reserves difficult, as the Company (or the Trusts) need to be able to meet premium and costs at all times. Failure to pay premium may result in the relevant Policy lapsing and the Company being unable to receive insured sums as a result. Premium assumptions risk: Changes in the amount of premiums charged by the insurance company that has issued a Policy may increase the costs borne by the Company and adversely affect its performance.
euclid5
15/10/2018
20:27
just reading through their admission doc Https://www.lsaplc.com/docs/Life-Settlement-Assets-PLC-Prospectus.pdf
euclid5
15/10/2018
20:20
so there is another listed co doing what Algw do, or more to the point of actually buying the polcies rather than just managing them. "The Company is a newly established closed-ended investment company whose principal activities are to support and manage portfolios of whole and partial interests in life settlement policies issued by life insurance companies operating predominantly in the United States. The Company's investment objective is to generate long-term returns for investors by investing in the life settlement market" "Acheron Capital Limited ("Acheron") is responsible for devising and modelling the investment strategy of the Company's trusts. Founded in 2006 by Dr. Jean-Michel Paul, Acheron is a London based independent investment manager authorised and regulated by the Financial Conduct Authority that focuses on niche investment strategies uncorrelated to the traditional financial markets. The Company believes that its admission to the Specialist Fund Segment provides it with the ideal platform to enhance the reputation, marketability, liquidity, and valuation of the Company's shares by gaining access to a wider investor audience. Https://www.investegate.co.uk/life-settlement--lsaa-/rns/admission-to-the-specialist-fund-segment/201803260805018278I/
euclid5
15/10/2018
20:16
Not similar as they buy the policies, Alpha will just manage the mandate Buying the policies costs a lot more in capital outlay They have a 1.5% management fee Investment Objective The company’s investment objective is to achieve capital appreciation by purchasing policies or portfolios of life settlement and mortality-related products in special or distressed situations The Company may also raise further capital in the future to acquire further Policies that that meet the Investment Objective and Investment Policy of the relevant Share Class (or those of a Share Class to be established in future). Such Policies will subsequently be granted to the relevant Trust. Https://www.lsaplc.com/wp-content/uploads/2018/10/Aug-NAV-Class-A.pdf Https://www.lsaplc.com/about-lsa/investment-policy/ _ _________________________________________________ The fund below has a death benefit of of £53m with 113 policies or $460k each on average Https://www.lsaplc.com/wp-content/uploads/2018/10/Aug-NAV-Class-B.pdf
euclid5
15/10/2018
16:31
Similar yes, why?
cyberbub
15/10/2018
14:46
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/LSAA/13829116.htmlIs this what ALGW business plan is???
alexios1201
13/10/2018
22:00
I don't see that there is anything particularly price-sensitive in that info, I believe it's already been mentioned that that's a typical package size? And we've been told that "deals are being worked on" in official RNSes. It would be price-sensitive if the management told a shareholder that a deal/s had actually been signed (before telling the market), say. Nevertheless it seems encouraging to me to hear that deals are close - whether the statement made by GS, or the reported conversation itself, are b*llocks, is another matter!
cyberbub
13/10/2018
20:46
The issue here is based on if the below was said to a s/holder that called him up, surely they are disclosing information, based on the fact they told him each allocation of $50m-$100m "I realise that he couldn't tell me any price sensitive or inside information but I got among other things not only an idea but enough to see that we are very close to news". "An important point to make is they are in discussions with several clients and several funding sources and are bringing it all together. The important bit is he said that they are looking at each " allocation of $50m- $100m)"
euclid5
13/10/2018
20:32
https://www.fool.com/personal-finance/2015/04/03/seniors-lose-life-insurance-every-year.aspxhttps://twitter.com/freemanpro001/status/1051094629268054017?s=19
alexios1201
13/10/2018
12:57
If that post is true (obviously there's no way of knowing), and the company does sign up "several $50-100M contracts" before Xmas, then logically the share price here should pass into double figures...No advice intended.
cyberbub
13/10/2018
08:45
From MaxSpringer posted on LSE after midnight: .................Conversation With GSToday 01:31 Hi, sorry for the delay, I've just gotten in from work. As mentioned earlier, I was going to call ALGW and try and speak to GS. I called earlier in the day and he asked if we could talk later on as he was on his way to a meeting. Well, I did find some time just after 9PM UK time. It was a good conversation and gave me the opportunity to get a better understanding of where they are and where things are going. I realise that he couldn't tell me any price sensitive or inside information but I got among other things not only an idea but enough to see that we are very close to news. I used the analogy of us giving the company money to go and make us a Thanks Giving dinner (he laughed and kind of played along) So, they got the money to go and buy a turkey and all the ingringredients (placing) and well the point is he said "there are alot of ingredients". Anyway, its all coming together and table is being set and we will be called to the table soon. lol! An important point to make is they are in discussions with several clients and several funding sources and are bringing it all together. The important bit is he said that they are looking at each " allocation of $50m- $100m). This is magic to me because if they are actively engaging with various clients and funders as an asset management company, then (what sounded to me is a string of deals in the pipeline). He told me news is very soon and to be patient! I did ask/make a request in regards to communications. He admitted that they could do better but himself and DS are 100% focused on bringing in the business. I did mention that a daft Tweet here and there would be wonderful! He did say something to the effect that they might or would make more of an effort...) On the plus side it was clear that Q4 will be huge and he did say that something is happening before the end of the year. A big clue was when he said that people were back from holidays and are in the money making mind set (or something to the effect of mind set). The point is I now know that we can expect the next deal to be an allocation of $50m-$100m because those are the allocations and things are going to happen rather imminently! He wouldn't be cornered into a specific time but I did mention that they were behind on the timefeames but he said they did the placing (something to the effect of) it being used basically to put the last pieces in place (that's what I took away from his answer). We had a decent connection, but I was on my phone and its stormy aroing here so we got cut off a couple of times. Anyway the three main points I got were for me: - allocations of $50m-$100m - this is happening very soon - they are active with several parties and there might be a string of quick successions of allocations! - its all happening this quarter (words used) "before the end of the year", but it also sounded.like imminent and we are going to hear things very soon. -/they are 100% focused but will make an effort with com
fishybits
13/10/2018
08:39
V good post in lse. I always thought there was concrete stuff going on in the background. The clue is in the rise and rise of the share price. We will get “news flow” and soon.
jprich
13/10/2018
08:12
It is deadbeat
cabster
13/10/2018
06:37
Nice post on LSE 01:30 . Hopefully all true GLA
deadbeat1
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older
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