Alpha Growth Share Discussion Threads

[brucie5] 26/2/2021 13:03

Would be nice. Resistance at 2.5; then a target of 4-5.

[pretax2] 23/2/2021 21:34

Warming up here. Topped up earlier anticipating movement over the next few weeks.

[gilesfitzh] 23/2/2021 17:53

@Terminator: You need to do more research m8. Here is an extract from one of the documents seen by those invited to take part in the placing and posted elsewhere:
"Alpha, through a wholly owned Bermuda domiciled SPV, is acquiring 95% of the parent company of insurer. The parent company is currently owned by one individual who will retain the remaining 5% and continue as a director/advisor. Acquiring the parent company than the IC directly, resolved many regulatory and timing issues for this transaction.
•Immediate accretion of over $270 million in assets under management generating fee revenue.
•Proforma 2021 net profit after tax is ~$487,000. Lean operating structure mirroring Alpha management style.
•Acquisition opportunities at the insurance company level currently in review with management, that could accrete over ~$1.5b in assets under management and add ~$2m+ to net income over the next 12 months.
•Relationships with global network of financial advisors to UHNWI.
•Alpha sees this opportunity as fulfilling and building on its strategies. The life insurance license provides opportunities on a global level to attract investors into Alpha’s funds, increase AUM in longevity assets, source clients for longevity risk coverage, and relationships in the reinsurance market. All of these strategies generate sticky and predictable income combined with a lean operating structure."

[garykc] 23/2/2021 14:32

Indeed. No more funds at the moment though. Was rather hoping NCCL would have given me some profits. Alas not

[hoper1] 23/2/2021 14:14

Or buy, buy, buy!!!

[garykc] 23/2/2021 13:36

Arooga, sell sell sell.................
Or hold, hold, hold???

[terminator101] 23/2/2021 13:17

"....the deal adds substantial assets under management to the group and is earnings accretive. Following the completion of the acquisition, it is expected that Alpha Growth will be EBITDA positive." EBITDA is not the same as actual profit. you can't keep misleading people on these BBs

[mick sturbs] 23/2/2021 13:15

Terminator, if you don’t believe in the company I assume you are not invested, so that begs the question wtf are you doing here posting your negative drivel. Very sad.

[terminator101] 23/2/2021 13:12

Where does it say that their aquisition is profitable. I see plenty of carefully crafted words like a crediting, but the fact they say that there won't be an actual profit is a massive red flag and is prime gobbind waffle

[gilesfitzh] 23/2/2021 07:53

To you Guys who think ALGW is a 'POS' or 'Gobind's lifestyle company' I would say, "sell your shares", assuming that you have any and are not, which is my belief, just saying these things in the hope of getting in at a cheaper price.
A dilution happens when more shares are issued just for cash to keep a company afloat. This is not the case here as a very profitable Insurance Company has been bought at a very good price and which, more importantly, also gives ALGW an 'in' to a whole new raft of UHNWI and major US investors.

[cszjrh2] 22/2/2021 20:06

A dilution alert for the hard of reading when it comes to RNS?You concerned that it hasn't already been priced in by the market?

[ken chung] 22/2/2021 16:30

Dilution alert!The Placing, which will raise gross proceeds of GBP3,750,000, was completed at a price of GBP0.02 per share with a warrant to subscribe for an additional share at GBP0.03 valid for two years from admission. The 187,500,000 Placing Shares being issued represent approximately 77.8% per cent of the existing issued ordinary share capital of the Company immediately prior to the Placing.Subject to the completion of the Placing, Pello Capital will be awarded 18,750,000 warrants exercisable at the placing price of GBP0.02p valid for two years.The issue of the Placing Shares is expected to take place on 8 March 2021.

[runnerpete22] 19/2/2021 11:54

Courtesy of Alwayshoping @ lse. Will be interesting to hear more about who took up what in the placing. Would be good to hear that the BOD increased their holdings as well.

Re last weeks RNS and reading between the lines. We now know that, in relation to the previously announced $100 million RCF, that not only are discussions almost concluded, but we will also receive direct asset investments from the asset manager. This guy must be really impressed with GS and his plans for Alpha. Has anybody given thought to the possibility that a considerable percentage of the latest newly issued shares were purchased by this particular asset manager. Presumably, because these shares will not be listed until March 8th, subject to agreement at the AGM 3 days earlier, at this moment in time there would be no requirement for a TR1. As it is generally agreed that this RCF is going to be transformational for the company, the share price should then react accordingly and certainly be well in excess of the placing price, so he would be "well in the money" very quickly.

One further thought/question for those more knowledgeable. Whilst the company appears to be concentrating business on the US side of the water, did GS not spend considerable time much earlier on, preparing the waters for this line of business to be carried out in the UK and Europe and having what would be very close to first mover advantage over here in the UK. If that is still in his long term plans, could our UK "partner" already be lined up to become heavily involved some way as part of his "package" ?

The 8th March will definitely see an RNS, if only to confirm the results of the AGM and also confirming the placing of the new shares on the market. Maybe, just maybe, GS will also drop us a few more golden nuggets. Just 14 more trading days to wait. AIMHO, GLAH.

[mick sturbs] 19/2/2021 10:56

I’m very also very excited about the future. The modified RCF will land this quarter and that should act as a major catalyst for the business. The share price will not be hanging around these levels for very long.

[pretax2] 19/2/2021 10:33

I think there’s stuff coming to the boil in the background. Seems they’re looking to build a ‘Lido Advisors’ style organisation in the life settlement/insurance space. So expect more acquisitions and deals moving forwards.
Essentially, they’re going for it.
Nice to see and the reason I invested... Exciting times.

[die4dethklok] 18/2/2021 22:04

2500p - make me a millionaire

[soggy] 18/2/2021 11:10

giles, I don't doubt your analysis at all, but MMs don't usually take a position - they make a market and make money on every trade, buy or sell. It's a matter of indifference to them...until they have a load to sell, or to buy to level their books. But that's their objective, levelling and making on the turn, not taking a position. That's my understanding.