Alpha Growth Share Discussion Threads

[moneymunch] 03/2/2020 12:51

Significant UPside very likely on $100m CF confirmation...and news due now if all's going to plan. Gla ;-)

[7rademark] 03/2/2020 10:39

Very likely yes,

[divmad] 03/2/2020 10:31

You can have all the bull points you like, but without a CF......

[jungmana] 03/2/2020 10:14

If no news by end of February we will be back to 1.2p imo

[bullrun1] 03/2/2020 09:54

I agree with that, very near term was the used I believe.

[7rademark] 03/2/2020 09:19

The problem here is that the share price rose on the back of the BOD stating they would be working before and immediately after Xmas on the progress of the loan facility giving the impression that news was imminent, it's now February and no news,

[divmad] 03/2/2020 07:35

And if the AGM comes and goes on Friday without nailing down this $100mn CF, what then?

[2mex] 02/2/2020 22:36

and some reasons to add Alpha to your watchlist...

1. Alpha has probably the top life settlements market maker, Danny Swick, with $8Billion of trading experience.
2. Alpha with SLIM has in-house actuarial expertise specific to life policies - a quality not found in usual settlement businesses
3. The above two points are validated in the progress towards $100million credit facility
4. Points 1&2 are inlet and processing. Austin King, with extensive connections has been brought in for the outlet; the sales.
5. KPMG has validated a 16.2% annualised return on this uncorrelated asset
6. "this uncorrelated asset": the asset class is not affected by general market
7. Alpha has structured a tax-efficient system which will bring in global investors
8. Black Oak fund has already received commitments for seed capital of $15 million
9. The market is absolutely massive at $19Trillion with $57Billion policies lapsing each year
10. Only $2.8Billion of policies are settled each year. The $57Billion lapsing is there to be taken.
11. The market will climb over the next 10years as baby boomers retire
12. Note the wave retiring is more tech-savvy, internet dependent: ideal for targeted marketing
13. Point 12 also means that social media / marketing will build life settlement awareness
14. Perhaps THE key point: Life settlement is a great option, far better than surrender or lapsing
15. The $100million credit facility can be used to buy $500m of face value and repeated 4x per year
16. Alpha has a unique situation with specific talents amalgamated for Life Settlement
17. Legislation is already present in 6 states to ensure life policy holders are made aware of the settlement option.
18. 2019 Annual report: "..For 2020, we expect to be generating material revenues and as 2019 closes, at the date of this report, the company has approximately £450,000 of cash balances, so the group is very well positioned as we move into this new phase.."
19. This is a scalable, low overhead business which has potential ahead to 10bag, 20bag etc.
20. Based on the projected targets Y1:FUM $100m, Y2:FUM $350m etc, the projected FUM after 8 years will be approaching $8 Billion
21. Potential for asset manager(s) to increase credit facility
22. The initial $100m trade target for year 1 indicates confidence of business developing quickly. After Y2, expected annual increment more than $250m
23. When asked about 3-5 year target/valuation: Danny Swick's reply "..Yes, I think the ultimate goal which I think about on a regular basis is where we get to a point where we have a market cap in excess of $100million.."

$100million revolving credit facility about to be inked with asset manager.

[2mex] 02/2/2020 22:33

For all new looking in, here is an inspiring insight from Rajiv Rebello, chief actuary for Alpha.

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

[2mex] 02/2/2020 22:30

As someone mentioned this is down to getting that credit facility.

Considering that Gobind Sahney is looking at year 1 FUM (AUM) $100m, that means that Alpha only need the credit facility to be $25m. However Alpha are in discussions, already with agreements on model, for a credit facility up to $100m.

[bullrun1] 31/1/2020 16:56

Small cap market... dont you just love it.. Lol

[1bluehorseshoe] 31/1/2020 16:31

Happy Brexit Day

[1bluehorseshoe] 31/1/2020 16:25

A lot of buys have been red all week fritz

[jungmana] 31/1/2020 16:21

Someone just mopped up all the cheap shares. 1.24m at 1.98p

[sapper2476] 31/1/2020 11:49

Off fishing again.

[divmad] 30/1/2020 13:51

The key issue here is whether it not Algw can land the $100mn credit facility. Nothing else really matters as the investment merits of the US Life Settlements market are a slam dunk, but theoretical for algw at the present time, apart from a miniscule start up operation

[aimshares] 30/1/2020 12:52

An extended informative article by Ioan Roberts,Head of Life Settlement Trading for SL Investment Managers. SLIM are the partner to ALGW for the Black Oak Alpha Growth Fund. Anyone investing in Life Settlements my advice is to have a read & buy ALGW https://slinvest.co.uk/media/58056/investment_in_life_settlements_booklet__final_.pdf

[bullrun1] 30/1/2020 08:51

Nice. It will come, although a little more patience required imo.

[sapper2476] 29/1/2020 16:00

Add that to pretty much every AIM share that has a broker conviction buy ten times its current worth but has zero chance of getting there.

[jingle bells] 29/1/2020 15:10

Eqtec (EQT)

Possible 10x bagger this year:

Align Research 2/1/2020

EQT end 2020 share price target 1.631p, 'some nine times the current price of 0.18p', 'Conviction Buy'

[jambam] 29/1/2020 13:10

yep, getting the same info...