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ALGW Alpha Growth Plc

1.70
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alpha Growth Plc LSE:ALGW London Ordinary Share GB00BYWKBC49 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.70 1.60 1.80 1.70 1.70 1.70 138,968 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Management Consulting Svcs 5.21M -1.36M -0.0029 -5.86 7.95M
Alpha Growth Plc is listed in the Management Consulting Svcs sector of the London Stock Exchange with ticker ALGW. The last closing price for Alpha Growth was 1.70p. Over the last year, Alpha Growth shares have traded in a share price range of 1.05p to 2.35p.

Alpha Growth currently has 467,775,068 shares in issue. The market capitalisation of Alpha Growth is £7.95 million. Alpha Growth has a price to earnings ratio (PE ratio) of -5.86.

Alpha Growth Share Discussion Threads

Showing 7526 to 7547 of 9575 messages
Chat Pages: Latest  311  310  309  308  307  306  305  304  303  302  301  300  Older
DateSubjectAuthorDiscuss
06/5/2021
04:44
Getting stronger.
glavey
05/5/2021
23:50
I havent sold any as this is the most promising share I've ever held for multi bag opportunities (have a tranche of 3 million at 1p), plus I've a balanced portfolio and a cash reserve. No plans to sell any at all. Holding for the bigger rewards that are to come. Company has so much more to come that many dont realise. It's not just about the RCF lender investment (which on it's own should see an increase in share price to anything between 10 and 13p potentially as much as 15p if they're named and it's a major name) it's all about the company strategy which should see and mcap well in excess of 100 million in the not too distant future. That's multi bags even from these levels so no need to be looking at rainbows elsewhere
baghdaddy2018
05/5/2021
23:04
Smidge21,
I sold 1/4 mill shares recently to fund BRSD which looks like a promising multi bag of the future. But still hold 1.5m.
Trick is not to sell everything, just a bit. I’ve no plans to sell anymore now till high teens, and then only another 1/4 mill.

pretax2
05/5/2021
19:41
Sadly Mick, I'm limited to giving you just the one tick-up.
801710245
05/5/2021
19:40
“ My aim was to firstly admit I mis-judged the technical flows (conceding that I sold far too early) but emphasise that this proposition has to deliver results to support the (wilder) EPS ambitions. Also an institutional buyer I can assure you that the fee structure while attractive to ALGW is not competitive”

So you wanted to to just say, hi everyone I used to have some of these shares but ballsed up and sold way too early... oh and by the way the business you’re all still invested in is not going to work out ... give us a break smidge.

mick sturbs
05/5/2021
18:53
Hmm; interesting responses! Classic examples of desire for confirmation (and nothing else)

wasn't on to de-ramp. AS an actuary I am well aware of the details and if you think that the UK life assurance market functions on NHS data - well good luck. Do you understand what Club Vita is? (Post code specific CMI stats)

My aim was to firstly admit I mis-judged the technical flows (conceding that I sold far too early) but emphasise that this proposition has to deliver results to support the (wilder) EPS ambitions. Also an institutional buyer I can assure you that the fee structure while attractive to ALGW is not competitive

Finally, do your analysis on peer propositions rather than on ambitions. Screen the promotional materials looking beyond the fluff

Good luck. This as been interesting (and an insight into HE1?)

smidge21
05/5/2021
17:57
Every village...
801710245
05/5/2021
17:56
So, according to his post of 15th February, he had sold by mid day therefore probably at 2.50p. Could have easily got 3x as much today. Ooops.
gilesfitzh
05/5/2021
17:30
Never seen smidge before and very few posts on advfn, Hhmm. Paid a fiver for that one were you smidge.
7rademark
05/5/2021
16:54
Unlucky for selling too early but don’t come on here blatantly deramping. Muppet
mick sturbs
05/5/2021
16:53
@smidge21: You are completely wrong.
The life settlement market is long established in the US and many States require Insurers to advise policyholders who contact them regarding cancellation or 'cashing in' of the secondary and tertiary market for policies.
Medical history in the US is a matter of record unlike with the NHS so actuaries have the information they need.
You need to do some actual research, try this:
hxxps://www.artemis.bm/news/life-settlements-forecast-for-double-digit-cagr-over-next-decade-conning/
and this rather older one:
hxxps://www.cfo.com/profiles/2016/04/life-settlements-cfo-eyes-vast-potential-market/

gilesfitzh
05/5/2021
16:40
I've been outGamed on this (pun intentional) Bought as a 'what the hell' around the low, doubled or so and walked away. Thought done well; not!

But not until I'd scanned the space. Other established offerings have failed to deliver the promised returns over an extended period on decent i.e. institutional scale money. Having liaised with the company it is clear that the product promise is under-pinned but the belief that they will be able to buy assets (policies) well below the market rice on a persistent basis. Hmmm.

The assertion that they have good actuary is 'smoke'. Anyone who has ever costed life products knows that the basis is swamped by the loadings. Unless ALGW have a database akin to Club Vita (and beyond) and a long line of sucker clients this is an investment which in scale will fail to deliver over time. So the rally, which I chose to not to enjoy, is fine on a hope springs eternal basis but ultimately this this is not a durable growth business given the execution risks.

The perils of thinking too much.

smidge21
05/5/2021
16:25
Bids about to tick up.
7rademark
05/5/2021
16:09
Yes Giles defo agree with you, it will sky rocket if the RCF counterparty invests the full $100 million. 100% to current share price on news then multiples to share price when the news is digested.
aimshares
05/5/2021
15:20
14.8% up 8p Ask
aimshares
05/5/2021
15:19
Personally I think the MMs keep a pretty flat position on ALGW which is why net buys of as little as 700k shares have moved the share price nearly 15% today alone.
This could literally sky rocket if the RCF counterparty invests the full $100 million and we see a buying frenzy like we did on 2nd December 2019 when 68 million shares were traded.

gilesfitzh
05/5/2021
15:11
Am expecting 100% rise to current share price on the release of news .
aimshares
05/5/2021
14:53
If I'm correct we will see a sharp spike upwards and soon. Of course they could move it the other way but that's dangerous as they may come out of it in a worst position
7rademark
05/5/2021
14:52
I do rough estimates as havnt got the time to work out net sells or buys but it's usually 3-2 on decent volume days, the mms need balance not arrears. Of course many trades are difficult to ascertain but I'm confident it's heavily weighed to the buy side.
7rademark
05/5/2021
14:46
How many shares are we talking?
mick sturbs
05/5/2021
14:43
I don't get this, looking back weeks the mms are in arrears, they are selling more than they are buying and it's been constant, wheres it coming from and if it isn't when are they going to let the share price go.
7rademark
05/5/2021
13:23
Wow. 7.7p paid
garykc
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