Alpha Growth Share Discussion Threads

[jungmana] 19/12/2019 09:32

Gobind Sahney:"I and the team will be in London before and after the holiday breaks to progress the above and our other strategies. I look forward to updating the market shortly on the other aspects of the business as we further validate and improve the offering across our various revenue channels, with the addition of new personnel we are seeing increasing appetite and interest to the funds and will be updating the market in the very near term."

[troytate] 19/12/2019 09:00

At least the boys have landed at Heathrow!

[jungmana] 18/12/2019 20:50

2 weeks back I said personally I have 10p target when that rns lands and one or 2 thought that's too optimistic.

[davr0s] 18/12/2019 19:59

Could be - but could also half in price as it's a share

[jambam] 18/12/2019 19:42

Expecting at least 2 rns imminently. Could be far higher than 4p come January

[profit7] 18/12/2019 12:45

Selling by brokers

When RNS lands straight to 4p and beyond

[costax1654x] 18/12/2019 12:01

1 mil seller around

[costax1654x] 18/12/2019 12:00

Looks more likely a fall to 1.5 might happen

[bullrun1] 18/12/2019 09:33

Strong start this morning. GLA

[divmad] 18/12/2019 04:38

Blimey, that's 25% of the total shares traded yesterday.

[2mex] 17/12/2019 19:13

Danny Swick, COO 03 May 2019

"..So if we are looking at the insurance industry as a whole there is over $19Trillion currently of life insurance written in the US which represent 144 million life insurance policies."

"...approximately $57Billion every single year lapses and those are the policies we are interested in. So if you look at the $57Billion that lapses about $2.8Billion is settled: sold into the secondary market to people like us..."




Comments from Gobind Sahney and Rajiv Rebello:

"..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.."

"we are fortunate to have Danny Swick, our COO, who is one of the leading if not the top market makers in life settlements in the US before he joined Alpha.."


"..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."

[troytate] 17/12/2019 16:16

Definitely topping up at this level, should lose 35% that I don't need within a fortnight. At least the boys landed at Heathrow last week!!

[7rademark] 17/12/2019 14:36

That's because you want out with a quick profit. Better to wait imo, I know algw all to well it prosecutes traders believe me.

[jenny tulwought] 17/12/2019 13:47

Hand brake on a bit tighter after that 500K sell.
:o (

[bullrun1] 17/12/2019 12:59

All cleared, onwards and upwards...hand brake getting released very soon imo. Lets see what happens next guys.

[pakenham] 17/12/2019 11:49

5% net of everything on a 5x leveraged sum of $100m should see an share price between 50p and £1 by my calcs.

[bullrun1] 17/12/2019 11:29

Looking very strong here, it's only 9mil shares, its fvk all in the grand scheme of things 4mil market cap.. coiled spring comes to mind.

[andymunchkin] 17/12/2019 11:17

Costax1654x17 Dec '19 - 10:17 - 4069 of 4073
0 0 0
Not the RNS everyone expected
———;——̵2;——R12;
NeverTrustCokmuncher

[moneymunch] 17/12/2019 11:13

Lol 7trademark 5 years is a long time and so i much prefer a sudden and significant re-rate when least expected....closure of the $100m Credit facility will help, but today's news is pretty much what i posted 10/12/19 as per link below, although with Final Results now due, ( Last years were published 24/12/18 ) we could have some finer detail on numbers etc as well as other material news which could add extra value. Gl ;-)

[7rademark] 17/12/2019 10:58

Keep trying mm, the problem is algw is a slow burn, if your expecting ukog type gains your in the wrong share, the secret here is to build a stake in the 1p region and hold for 5 years.I'm neutral on the rns today, I didn't expect a placing and the return review was priced in.As always it looks as though the 100m news was put out to facilitate a better place price.Imo dyor

[moneymunch] 17/12/2019 10:20

More news expected soon. Gla ;-)

2/12/19

After many months of engagement, the Company is now in the final stages of securing a revolving credit facility up to a $100,000,000 with a leading UK asset manager. The discussions have progressed well whereby the Company and Asset Manager have now agreed life settlement valuation methodologies and acquisition strategies.

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.



Gobind Sahney, Chairman of Alpha, commented: "Working with the counterparty to establish this warehouse facility, has been a detailed and long process that results in our ability to take significant positions in the asset class and multiply the returns for the long term. Not to mention that it has validated Alpha's methodologies and skills with a sophisticated investor, as stated we expect to close this warehouse facility within the coming weeks. The addition of the "warehouse" we believe will have a material impact on our business going forward."

"I and the team will be in London before and after the holiday breaks to progress the above and our other strategies. I look forward to updating the market shortly on the other aspects of the business as we further validate and improve the offering across our various revenue channels, with the addition of new personnel we are seeing increasing appetite and interest to the funds and will be updating the market in the very near term."