Alpha Growth Share Discussion Threads

[7rademark] 06/3/2019 13:57

If algw could match Lsaa's mcap of 64m that would give us a share price of 64p. Now How much is a range rover svr

[7rademark] 06/3/2019 13:47

1m in buys just gone through. I tried a dummy buy and sell yesterday and could trade both ways with that amount so maybe a bit of stock to clear before we start moving

[euclid5] 06/3/2019 12:58

About DRB Financial Solutions, LLC, (DRB) provides liquidity solutions to individuals and small/medium sized businesses holding high quality but illiquid assets. Having raised over $1 billion in capital and developed a robust origination platform, DRB is a market leader in five major lines of business:


_______________________________________

DRB Capital

DRB Capital is one of the most trusted annuity buyers in America offering liquidity solutions for individuals interested in selling future payments from a structured settlement or annuity when the existing payment schedule no longer meets their needs. As some of the industry pioneers, DRB Capital’s senior management team has decades of combined experience in purchasing structured settlements and annuities. DRB Capital purchases most types of annuity payments including but not limited to: owned annuities, structured settlements, guaranteed payments and life contingent payments. DRB works with insurance companies in providing liquidity solutions to their customers.

hxxps://drbfinancial.com/about-us/

_____________________________________

[euclid5] 06/3/2019 12:32

20% share issue = 26m placing shares which is very small for them if done at 1.5p - they may raise another £400k

[wolfcub] 06/3/2019 09:34

Another great addition to the board. Great to see so many positive RNS's. Hopefully, the first deal will land soon and we can get to a more reflective value.

[7rademark] 06/3/2019 09:05

I think that's putting traders off as well. Traders propel a stock as do investors, however it should be noted that a placing can be higher than a given stocks listed price, if your on the sidelines what do you do. Buy now and take a possible small hit if they raise what can only be a maximum of 20% of issue or wait and possible miss a much larger increase. I know where I am.

[jungmana] 06/3/2019 08:52

I think fear of placing is holding many punters from buying. Our cash level needs a boost soon

[hoper1] 06/3/2019 08:21

Yep, another serious player joins the team. More ducks lined up!

[7rademark] 06/3/2019 07:58

This new guys qualifications make my 5 cse, s look a serious under achievement.

[euclid5] 05/3/2019 14:39

no some other co can produce something similar - but so long as Algw can sell one or two of these that's excellent news

I did enclose the EY 8 page document report on the US Life settlements risk model evaluations some time back and there is a lot of info in there on benefits to hold this product in the balance sheet

[euclid5] 05/3/2019 14:36

UCaputal, it's the Insurance co - they are in discussions with them

[7rademark] 05/3/2019 13:41

Thank you euclid, so basically it's combining proven solutions to minimise cost and free further investment funds , its not something you can simply protect the rights too though, or perhaps patent.

[ultra capital] 05/3/2019 13:39

Interesting information elucid. They do say 'very advanced stages' in the rns which one would imagine would mean in the next few weeks. Is it the insurance company who get the hybrid product PRA approved or alpha?

[euclid5] 05/3/2019 13:31

Hybrid is very good indeed, once it sits in Insurers balance sheets to comply with Solvency II regulations

Don't think there are other similar products out there in the market and their one is a unique product offering

From what I was told once the first insurer gets it PRA approved, others will follow in. Hopefully the 2nd insurer they mentioned

It saves them having extra capital in their BS based on the expected returns a Hybrid makes - so in practice it releases cash funds that they can use for other purposes.

It was developed by EY and another Consultant in Texas USA - so they know their subject well.

[euclid5] 05/3/2019 13:27

see a copy of their Dec 18 fact sheet for one of their share classes

[7rademark] 05/3/2019 13:24

Euclid what's your understanding of the hybrid solution compared to other longevity investment solutions

[euclid5] 05/3/2019 13:23

technically speaking if Alpha get just 1 Hybrid deal with a FV of approx. £100m plus a £10m JV open ended fund - that's pretty close to the NAV Face value of LSAA - but the market will not just simply re rate us to £64m cap just like that - but it shows the potential based on a comparison Life provider in the same market as Algw

Does also depend if Algw actually make a profit and not loss making for the 1st year?

we shall see

[euclid5] 05/3/2019 13:18

quickly reading all their share classes values & NAV it equals $126m / $9 nav

[ultra capital] 05/3/2019 13:12

Thank you. I'll take a look.

[euclid5] 05/3/2019 13:12

The Hybrid for me is the real co maker for them - as they will have face values of up to or over £100m - plus they may also inc other assets in the Hybrid rather than just 100% US Life policies - so 2 deal gives them a min £200m in face values they can earn fees on

The above co invests in HIV related policies - don't think Alpha are investing in those types

[euclid5] 05/3/2019 13:08

Called Life Settlement Assets - epic is LSAA

£64m market cap

worth a read:




"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.

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.

Founded in 2005, Acheron Capital is a London based independent investment manager authorised and regulated by the FCA, that focuses on niche investment strategies uncorrelated to the traditional financial markets.
The Investment Manager has:

· An internally developed pricing policy and portfolio valuation methodologies
· Proven actuarial model as evidenced by industry leading Actual to Expected ratios
· Delivered an internal rate of return of between 6 and 7% to the original investor in Share Class A based on the change in NAV and distributions*

[ultra capital] 05/3/2019 12:59

So it would be true that a true reflection of the market cap would be hard to measure even with the hybrid product underway or the commencement of the deal with SL investment management.

[euclid5] 05/3/2019 12:52

none listed except one that has aa Life fund listed - can't recall the name - remember finding it in my research many months ago

[ultra capital] 05/3/2019 12:29

Good afternoonAre there any other investment companies on the stock market similar to this one and what are their market capitalisations?

[euclid5] 05/3/2019 11:58

Jungmana, partly agree with you, on salaries pm of £25k, but if many of these co's go loss making for 2 years plus as any of them do. Then £200 + pa on just salaries all adds up. One of the reasons WDC screwed up - nearly 3 years away from earning rev's & the BoD's were taking large salaries.

Agree, overall just the main 4 board member's excluding Swick take an average of £45k pa each - Swick gets £90k pa, which imo is quite a lot, for such an early stage Longevity asset company that is playing with the big boys, such as secures Investments that manage over £5B in ILS.