Alpha Growth Share Discussion Threads

[toolsmoker] 03/10/2018 08:01

Watch today should see some good upward trajectory

[richardjohn10] 02/10/2018 20:00

So rumours?Let's wait for factual RNS

[njw2] 02/10/2018 19:35

I've heard the same . I Think we will have a nice blue day tomorrow and wouldn't be surprised to see 3 p again pre news Tomorow unless news first thing then all bets areoff and think we will open 100 percent higher easily .

[toolsmoker] 02/10/2018 19:01

Certain people are now inside on news so in expecting it any day now .should see a big blue day tomorrow I think .novum has been the seller and they are now out 3p before news hopefully

[jprich] 02/10/2018 18:52

The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected. https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=ALGW.L

[jprich] 02/10/2018 18:41

You can see why it is finding support at these levels.


free stock charts from uk.advfn.com

[cyberbub] 02/10/2018 16:44

There must be a large sell working its way through, as most trades have been buys today?

[cyberbub] 02/10/2018 16:26

How could a minnow like ALGW possibly buy a well-established operator like Kango, without raising a hodload of cash?

[euclid5] 02/10/2018 16:19

We don't know Kango Groups Sales / profit as not much info on it's website - but would help Algw - wonder how much they are paying for it?

[ruedolf] 02/10/2018 16:04

Why is there such a big spread with this share 1.8p on the bid and 2.3p on the offer ?

[jprich] 02/10/2018 15:49

Great turnaround....lots of buys at 2.19p

[howmanyfools] 02/10/2018 15:37

I expect Danny Swick to benefit from a bigger stock holding when Alpha buy Kango Group to accelerate aum at a future date which has already been hinted at.

[euclid5] 02/10/2018 14:59

Life Settlement investment returns are fundamentally based on mortality and thus have low market correlation coupled with low volatility. This represents an excellent 'market neutral' alternative to traditional investment classes. Life Settlements are life insurance policies purchased at a significant discount to the maturity amount. This can offer attractive returns typically around 8%-12% per annum, net of fees.

The counter party for NDB payments are US insurance companies with investment grade ratings typically A+ or above.

[jprich] 02/10/2018 14:09

Looks like a lot buy trades

[euclid5] 02/10/2018 12:18

Extracts from the Admi Doc:

Pages 23 - 27 are well worth a read

The Company will only advise on business relating to policies that are over two years old in order to avoid the statutory contestability period. The Policies which the Company will focus on are those with low face values (typically US$250,000 - $1.5m) allowing the greater number of policies to be aggregated with relevant funds available, with an average age of insured of 80 years or more and life expectancies of less than 10 years. A holding of a large number of well diversified Policies increases the probability of achieving target returns and avoiding incorrectly assessed Policies.

The Company’s business will be to provide advisory and consultancy services to investors (and potential
investors) in existing SLS Assets, but it will not advise any retail investors. The Company is not a fund manager and will not buy or sell SLS Assets for its own account as a financial trade or investment.

[hope67] 02/10/2018 12:14

[e-mail]

[euclid5] 02/10/2018 12:13

Hi Cyberbub,

The Large Insurance co's holds the risks in the SLS policies

ALGW, doesn't fork out £100m for the contracts, they just manage this portfolio, so will charge a AMC, not sure exactly - have to re read the Adm doc

Agree, Swick could of bought a lot more than 750k

I put a post a few weeks back on how this business works - will try digging it out & re posting.

[hope67] 02/10/2018 12:09

Worth a read

[cyberbub] 02/10/2018 10:34

So if we assume much more realistically that an annual management fee would be 1%, then a £50M bundle would more or less cover company overheads. If a typical 'overinsured' life insurance policy in the USA is £500k then that's only 100 people...

[hungary16] 02/10/2018 10:04

Isn’t it as simple as no announcements the price plummets , announcement of some decent contracts the price rockets up !

[hungary16] 02/10/2018 10:03

Isn’t it as simple as no announcements the price plummets , announcement of some decent contracts the price rockets up !

[monkeymonkey] 02/10/2018 09:38

you are correct cyberbub, just dipped my toe in for 80k at 1.98p

[cyberbub] 02/10/2018 09:23

The published spread is false - dummy trades will show you that it's 1.93 - 1.98.

[jprich] 02/10/2018 09:17

bid 1.985 / offer 2.14