Alpha Growth Share Discussion Threads

[cu5hty] 07/12/2023 12:41

I imagine jambam votes his own posts down too

[slicethepie] 07/12/2023 12:27

I suspect this big inflow will encourage others into the fund ?

[kaos3] 07/12/2023 12:20

eoy manipulation by financial industry. i do wonder what non correlated insurance management cos stock their fund managers bought... showing presto gain

unhealthy imho

[cu5hty] 07/12/2023 12:13

ALGW seem to have a history of quite big moves followed by a relatively slow sell off. Been underwater here for quite some time and have considered taking the hit and moving on, But on reflection, will stick with it for now.

[cszjrh2] 07/12/2023 12:03

Ha ha ha. If the company had a quid for each time youd said that we'd all be retiring on our profits. 'We expect our cash flow to improve, and we continue to believe that we will not require a placing of shares, unless it is for strategic acquisition and growth purposes. '

[jambam] 07/12/2023 11:54

Placing on the cards here

[cszjrh2] 07/12/2023 11:53

Happened to spot this earlier in the week that it looks like the Interval Fund has had a substantial in-flow of investment: hxxps://ftcloud.fasttrack.net/web/chart/AAACX

Recently the AUM level has been around $3.8M and now showing $19.51M so it looks like marketing and engaging with RIAs is really starting to reap rewards.

I'm expecting positive updates from the company over the next 4-8 weeks - acquisition underdoing due diligence, 3p warrants expire in a couple of weeks etc.

[garykc] 07/12/2023 10:13

Interesting move up this morning on decentish volume

[cszjrh2] 17/11/2023 11:21

To accommodate the buying...

[gipps] 17/11/2023 10:23

Why the drop ?

[cszjrh2] 03/11/2023 13:20

Latest broker note issued by Allenby this morning in case anyone hasn't seen it: https://www.allenbycapital.com/client/alpha-growth-plc/Some positive highlights:- The previous successful acquisition completions which "appear to have alerted sellers and regulatorsof similar businesses to ALGW's intent, with management reporting that it is being presented with similar opportunities on a regular basis, some of which are actively under review."- "The group's focus during H1 23 was (a) a potential new acquisition, (b) integration of AILAC and Havelet, acquired in Q4 2022, and (c) marketing the Interval Fund. The interim numbers only reflect the integration work as the acquisition is still subject to due diligence". So if DD is happening that presumably means a Letter of Intent has been signed and we could see completion of this acquisition in the next few months- And key for me: "ALGW does however have sufficient cashflow to cover ongoing corporate expenses and costs related to reviewing prospective acquisitions and carrying out legal due diligence. The group has three stable cash generative businesses/products comprising two life companies (Alpha International Life Assurance Company and Providence Life Assurance Company Fund) and a liability assignment business (Havelet Assignment Company Ltd)."Of course not all a bed of roses - "ALGW's current business is self-financing despite what it acknowledges has been a disappointing take-up for its two investment strategies. These have met performance targets but not as yet seen the expected demand. It remains committed to growing these funds but in order to reduce near term reliance on this product line, reformulated its business plan to focus on its M&A activity and continue to operate close to break-even" We discussed this possibility at the AGM earlier in the year so not a surprise. Focussing purely on M&A in the short term definitely feels like the right approach.

[qsmeily456] 19/10/2023 09:49

💰💰💰

[cevodniya] 18/10/2023 21:24

Qsmelly456, if you are of that opinion, why are you invested?

[qsmeily456] 10/10/2023 07:59

And the gob💩💩;🐂💩💩 always arrive after the event 🤣 sharetalk being 1 of the worst.

QsmeIly456

4 Oct '23 - 11:27 - 5779 of 5789 Edit
0 1 1
As I said it's their private income to fund their lifestyles that u lot fund. I

I'm a buyer just for clarity 🤣

[oilhunter2020] 10/10/2023 05:05

Thanks for your view @Baghdaddy73 !

[cevodniya] 10/10/2023 02:42

Oilhunter2020, you are the gobby one, what is your prediction, in whatever language you are comfortable posting.

[baghdaddy73] 09/10/2023 21:34

I'd name it as a buying opportunity, bored retail selling out not understanding the bigger picture leaves an opportunity for me to add to my holdings and release a TR1.
Mark my words this company is on the brink of a major rerate you just need to look outside the box and realise what exactly is going on, then and only then will you see what I see.

[oilhunter2020] 09/10/2023 21:16

C'mon, it came from over 3 down to 1.2! How would you name it?

[cevodniya] 09/10/2023 20:13

Oilhunter2020, is it heading to 1?
You said it is!.
Ah nervous are we?
What is your native language, I'm a linguist, so I'll communicate with you, so there are no misconceptions.

[oilhunter2020] 09/10/2023 14:33

I am not native English speaking. So sorry if you do not understand my posts because of one letter in a word is wrong. Conclusion: Your problem is obviously much more serious than mine....

[cevodniya] 09/10/2023 13:20

Oilhunter2020, it's extremely difficult to take your comments seriously, when you can't even spell DISASTER Lol