Alpha Growth Share Discussion Threads

[kaka47] 16/12/2019 09:01

2 years Older then your account muppet

[moneymunch] 16/12/2019 08:58

Last years Final Results were delivered 24/12/18 and so every chance we'll have a performance UPdate on Alpha's Blackoak Fund to bolster results..as well as confirmation of closure on the $100,000,000 credit facility...significant UPside more than likely as good news roll in. Gla holders Christmas is coming!!! :-)

[bullrun1] 16/12/2019 08:54

Hargo.. be extremely cautious of this poster.. new account, only several post. Has agenda imo.. Scrote

[kaka47] 16/12/2019 08:51

You mean Once RNS of 100 Million hits this would be 15pTill then the cheaper it is the more shares you get for your moneyNO Brainer

[moneymunch] 16/12/2019 08:50

On and Up...potential Transformational news this week, more than likely. ;-)

[hargo] 16/12/2019 08:41

boom ting..

[andymunchkin] 16/12/2019 08:38

Biggest p&dumper tiktok & boom upYer as

[andymunchkin] 16/12/2019 08:37

AskCokmuncher

[moneymunch] 16/12/2019 08:33

Looks like a few need some dosh for Christmas....hold on tight as news could drop at anytime. :-)

[hargo] 16/12/2019 08:26

gonna blow

[divmad] 16/12/2019 08:18

Meanwhile, lack of confirmation will result in the share price drifting back towards the 1.5p level.

[moneymunch] 16/12/2019 07:08

Confirmation of $100 Million revolving credit facility with a leading UK asset manager due any day, this means with this facility they r able to buy upto $500m worth of policies

… @VoxMarkets

[2mex] 15/12/2019 16:51

From LSE share chat...



So, the $100million credit facility could be used to purchase $500million of face.

.. and that could be done 4 times per year.

That would currently point to a ceiling of $2Billion per year, I say currently: the market for this asset is climbing.

The guys posting above are only looking at 10% of Alpha Growth's (current) potential.

..add to that, the quality of policies sourced and verified and then presented via a tax efficient vehicle.

Alpha Growth has covered each aspect through the Black Oak fund. The industry is now seeing an evolution with start to finish expertise in processing and packaging of life settlement investment.

[berlintim] 15/12/2019 16:47

You guys need to do some deeper digging unless you know 'the history' and don't want to tell your followers!!

[2mex] 15/12/2019 15:42

Moneymunch, very good point with appointment of Austin King. Great timing. Alpha is now primed.

He holds the following licenses and certifications from the Financial Industry Regulatory Authority Series 79, 7, 65, 63.

Austin King brings substantial investment experience to client engagements across many sectors. Mr. King has assisted entrepreneurs, investors and shareholders by facilitating growth, increasing shareholder value, and creating liquidity through debt and equity investments.

[kaka47] 15/12/2019 12:40

https://twitter.com/mrmehar86/status/1206134202745466882?s=21

[moneymunch] 14/12/2019 13:17

Likely news before the final results RNS which was published on Monday 24th December last year, and the CEO indicated back in August that there should be an update on the performance of the Blackoak fund in time for the next fiscal year.....other potential transformational news also expected.....$100,000,000!!! Gla ;-)

Alpha Growth plc
? @algwplc

Aug 5

“How does your BlackOak Alpha fund produce revenue?”

In discussion with Vox Markets, Chief Executive Gobind Sahney touches on how Alpha Growth's fund produces revenue.

[2mex] 14/12/2019 12:24

02 Dec 2019

"After many months of engagement, the Company is now in the final stages of securing a revolving credit facility up to $100,000,000 with a leading UK asset manager."

"This facility will be a key element to enable Alpha to aggregate SLS policies to be vended into investors, in a sufficient transactional value that is relevant to the underlying buyers, whether that be a bond offering or investment portfolio."

"The Company expects to be able to complete the necessary documentation in a timely manner and looks forward to updating the market on closing of the facility."

[2mex] 14/12/2019 11:38

Justin Waite, VOX Markets
"What differentiates Alpha Growth from other life settlement companies?"

Rajiv Rebello, Alpha Growth Chief Actuary and Director of Investment Analytics
"What we fundamentally have done in this space is added various parties with specialised expertise that are basically aimed at enhancing our opportunities in removing inefficiencies and transaction costs. On one side it is a team of actuaries we have built: not just me, we have our partners SL investments that really understands life insurance and one of the things that is unfortunate about our industry, while it has progressed on so many levels one the life expectancy side and regulations, what has been missing is core actuarial and insurance expertise...

So, for example, if I were to ask you to start an auto repair shop or a mechanic shop, you wouldn't want to invest in a firm that didn't have any mechanics that had actually looked under the hood of a car, right? but in the life settlement space you have a lot of firms who don't have any expertise in having priced and designed a life insurance policy. So how do you manage an asset that you fundamentally have not "looked under the hood of"?
Well, here at Alpha Growth, we have a team of actuaries who have done that explicitly for some of the top life insurance companies and we are using that expertise to make investments more profitable for our investors.

So that is a fundamental value added that we have are bringing to the table.

..but, on top of that, the other thing is supply: how do you get policies? Well, our Chief Operating Officer used to run a huge brokerage that sourced over 3000 policies. So, what that means is that we have preferential relationships with groups in the life settlements industry that, when we want to go find attractive policies, we have a team in place that does it, that can do it from our relationships.

..On top of that, what we have structured with our CEO, is a way to make this investment in life settlements tax friendly. So often investors forget or are so focused on the returns but not on the tax consequences. Well, we have thought about that and we have incorporated that into our design.

So, there are multiple elements that we are bringing to the table:

Actuarial and Insurance expertise
Sourcing which means we are going to get better policies through our preferred relationships (see Note 1).
Tax Friendly for our investors (see Note 2).

It is a combination, an amalgamation of talents and expertise that we are bringing to the table that the industry really doesn't have and that is what excites me and that is why I decided to join up because I want to be part of this revolutionisation of the Life Settlement industry."

Note 1: CEO comment: "We are delighted to announce the appointment of Danny Swick. He brings a wealth of experience and industry relationships to the team having traded over $8 billion worth of life settlement policies through his career. His reputation and relationships in the industry provides Alpha with the ability to execute its business plan in an efficient manner and scale with the mandates under consideration."

Note 2: There is an Irish Designated Asset Company in the Master / Feeder structure that provides tax advantages for investors in the Feeder from certain jurisdictions. Creating the structure in this way enables the fund to be able to accept international investors - giving the Fund a truly global reach and relevance to a wider audience.
The creation of the structure was carefully constructed by Gobind Sahney and Danny Swick in close coordination with the Company's legal advisors in the US, Caymans, and Ireland, along with KPMG, the Fund's global tax and audit accountants.

: starts after 1min 48seconds

[jimduggen] 14/12/2019 09:53

This week then money munch

[moneymunch] 14/12/2019 08:41

11 November 2019


Alpha Growth plc

("Alpha, "Group" or the "Company")


APPOINTMENT OF MR. AUSTIN KING TO BLACKOAK ALPHA GROWTH FUND AND BOARD CHANGES



Alpha Growth plc (LSE: ALGW), the financial services specialist in the growing Senior Life Settlement ("SLS") asset class, is pleased to announce that Austin B. King will be joining Alpha Growth as Investor Relations Director (non Board seat) of the BlackOak Alpha Growth Fund. Austin King brings over seven years of experience in investment banking and financial asset marketing. He holds the following licenses and certifications from the Financial Industry Regulatory Authority Series 79, 7, 65, 63.



Austin King brings substantial investment experience to client engagements across many sectors. Mr. King has assisted entrepreneurs, investors and shareholders by facilitating growth, increasing shareholder value, and creating liquidity through debt and equity investments.

Mr. King has previously worked closely with hedge funds and investors, which resulted in capital contributions in excess of $500M.



Mr. King is also active in Newport Beach's investment community in which he founded The Newport Capital Conference, a private investment networking association with 7,000+ participants.



Mr. King completed his master's degree in Applied Economics from the Mihaylo College of Business and Economics, Cal State Fullerton, and holds a B.A. in Economics from San Diego State University with honors and distinction in economics.



The company is pleased to announce that the BlackOak Alpha Growth Fund, which produced its first NAV in September, has been well received in the US and European markets. This has accelerated the requirement of bringing on a full-time investor relations person that will be dedicated to raising funds and liaising with existing fund investors.



Gobind Sahney, Executive Chairman commented;

"The Company is now positioned to start realizing its investment in its strategies of the prior two years and is reacting to the building demand on the team's time. Austin brings a wealth of experience to the fund raising for the BlackOak Alpha Growth Fund and we are very pleased to have been able to get him onboard."

We will continue to bring you updates on the other strategies as they develop here in due course. Please be assured your Directors are working to grow the Company and build shareholder value.

[moneymunch] 14/12/2019 07:42

30/4/19

Danny Swick, Chief Executive Officer of Alpha, commented:

" We are really pleased to finally get BOAGF launched and into the hands of interested parties awaiting the opportunity. The hard work to create a global fund exemplifies the working relationship we have with our advisors and especially SLIM and our mutual understanding of the asset class and goals of providing a world class fund in which investor and manager interest are aligned to produce the target returns."



Rob Ireland, Managing Director of SLIM,:

"We are very excited about the launch of the Fund and to be working with Alpha on this project. As a long-established participant in the longevity asset industry, the creation of BOAGF is a strategically important addition to our existing Life Settlement business. Alpha and SL's skill sets compliment each other exceedingly well, and the creation of BOAGF in partnership with Alpha offers a formidable proposition for investors considering an investment in Life Settlement."