Alpha Growth Share Discussion Threads

[mdchand] 04/11/2020 08:18

This isnt simply a face value RNS. The AUM is growing by approx $85m on an annualised basis. However, as the fund has passed $20m, I would expect this figure to accelerate as a lot of advisors would have been waiting for the fund to pass a minimum AUM figure before recommending this fund to investors. Also, another key point. A lot of advisors will have property funds in their portfolios to offer diversity. With yield compression now off the table, and rising occupancy rates across most commercial properties, a lot of advisors will be seeking a proxy investment. I can see income flows continuing to accelerate now.

[7rademark] 04/11/2020 08:13

Progress at last. Will I get my 100% rise today.

[highly geared] 04/11/2020 08:11

Indeed. A slower burn , with Covid 19 impact, but business strategy sound and starting to gain traction. Tiny market cap so huge upside remains..

[jambam] 04/11/2020 08:02

agree....finally :)))

[tell sid] 04/11/2020 07:23

They say the Growth Fund has "doubled" to $20m invested, including $7.6m in October, meaning it was previously $12.4m. They previously said it was set up, i.e. "seeded", with $15m, so it appears there have been withdrawals to at least the sum of $2.6m. Not surprising, as people probably need to draw more on savings and investments during Covid.

[cszjrh2] 28/10/2020 22:19

Who knows. 11 trades all day and only 1.5m total volume. Time for some good news from GS and the gang to get this moving...

[pretax2] 28/10/2020 16:48

I’ve got plenty of these, but if it gets to a silly price..... To be fair, it’s already silly.

[mick sturbs] 28/10/2020 16:17

Are the MMs having a last ditch attempt to scare bed wetters out of their shares before the next corporate update?

[maytrees] 28/10/2020 11:59

Greetings once more
Topped up again at c. 1.45.
There were then some later and larger buys today.
DYOR though.

[maytrees] 23/10/2020 10:07

Good morning
For info, I added 50,000 shares just now, which shows as a sell.

[mick sturbs] 22/10/2020 18:31

....and once we start getting AUM the snowball effect should kick in.

[pretax2] 22/10/2020 17:59

....and that’s without a performance fee.

[highly geared] 22/10/2020 17:50

$350 million (£267 million) x 1.5% = £4 million per annum gross revenue.
Must be 75% gross profit for a business like this , so say £3 million net.
Long term recurring revenues ascribes a PE ratio valuation. At PE 10 = £30 million market cap so easy 10 bagger from now.

[pretax2] 22/10/2020 16:58

All wrong - Here it is:

hxxps://www.voxmarkets.co.uk/media/5dfcbea0906f7c001bea600f/?context=/listings/LON/ALGW/multimedia/

GS: 20th Dec 2019

“A good way of looking at (the business model) is.. for every million dollars invested we receive 1.5% annual management fee. For the next 12 months our goal is to achieve $100m in investable funds and the succeeding 12 months our goal is to achieve another $250m in investable funds; so you can do the math. Our target, given that the fund is open-ended, is to grow beyond the $250m target in 2 years onwards. And incrementally our expenses don’t necessarily go up as the size of the fund goes up, so we expect to produce a good margin just based on the management fee alone – not counting the performance fee”

If Alpha get anywhere near this target I'm going to be very rich.

[baghdaddy2018] 22/10/2020 11:42

DS stated it in an interview he did shortly after being appointed COO

[sharetalk] 22/10/2020 10:40

7rademark mentioned it on 14/10/20 in Post 229 but the actual quote is older.

[mick sturbs] 22/10/2020 09:58

sharetalk, i seem to remember it being mentioned on here or maybe the lse board, was it during a phone conversation one of the tr1 holders had with GS?

[sharetalk] 22/10/2020 09:49

It was several months ago and was a reference to market cap not assets under management, which will become a lot higher than that figure anyway. I think it was Danny or Austin in an interview.

[steve81860] 22/10/2020 09:07

There was a conversation between GS & a pi a couple of weeks ago, this was on a telegram group. He talked conservatively about 100m in AUM'S by the end of 2021, also they are not signing up clients who want in for a year and then out again, wants a longer term client's for 3.5 or 10 years.