Alpha Growth Share Discussion Threads

[801710245] 01/6/2021 09:21

If one of you rich so-&-so's can snap up another 100,000 shares, I'll buy £800's worth.

Deal?

[801710245] 01/6/2021 09:20

double - post - sorry.

[scottishfield] 01/6/2021 09:16

Can (dummy) sell plenty now, but can't buy.

[801710245] 01/6/2021 09:11

...and the second hour could have been a lot better.

Where are all these 'buy trades' - those foretold if the price dipped?

[remarkomsoc] 01/6/2021 08:58

wot is the ceo playing at

[jambam] 01/6/2021 08:56

based on interim statement don't expect much news for a while. can see share price drifting back to 5p

[mick sturbs] 01/6/2021 08:53

Spoke too soon

[801710245] 01/6/2021 08:04

Well that first hour could have been a lot worse.


:o )

[cszjrh2] 31/5/2021 11:54

Fair enough. My prediction - less than a million traded, maybe excluding a rollover or two from people extending leveraged positions waiting for the news, finishing flat or slightly up. Of course that is all assuming we dont get the news at 7am. I just dont know who these holders are that know so little about the company to sell based on 3 month old figures. Based on previous run rates id have guessed at a 300k loss so...

[terminator101] 31/5/2021 11:00

Sub 5p IMO

[lloydiee69] 31/5/2021 09:18

at what price will the share price tank to on tuesday ..predictions please

[lloydiee69] 31/5/2021 09:18

at what price will the share price tank to on tuesday ..predictions please

[papy02] 30/5/2021 12:14

I’ve been starting to research ALGW (better late than never!).. Apart from KS write-ups (thank you!), random things I have noticed so far (and queries) are:

- Only 4 employees – presumably the 3 US-national directors plus the (part-time?) UK company secretary? Presumably the NED is not full time either, so 2-3 full-time equivalents?

- In the Sept 2020 Prospectus for Placing, they say “... the Company generally looks to appoint experienced industry operators as independent contractors rather than as full time employees”. Do we know if there are any such contractors being paid right now?

- Given the above, are the Mayfair and/or NY addresses just brass nameplates or are they actual offices?

- There is £205k of “other expenses” (in last annual report) that are not broken down – might include either of the above?

- With 3 US-national directors, including COO resident in US, a company dealing with US life policies, selling (so far) to US customers, why are they listed in UK rather than US? (at least they are not on AIM though!)

- Rajiv Rebello only stayed 1yr 1 mo as Chief Actuary (Mar 19 to Mar 20) – just long enough to get paid (in ALGW shares) for Colva Insurance Group . He is and was US based, and is now operating under a similar company name (Colva Actuarial Services) to that he sold to ALGW for £77k. You have to wonder whether his clients stayed with him or ALGW/BOAGF.

- I haven’t noticed inflation mentioned as one of the risks. If it rises, as seems to be happening, this will make existing policies that have been invested in less attractive, by reducing real returns? (though premature Covid-related deaths might have opposite effect?). And lower the prices of new policies, or any sale of policies/portfolios. This could damage the perception of an uncorrelated “safe” asset class?


These are all a bit random, but any/all comments welcome.

[terminator101] 30/5/2021 11:32

You do know that's not the same as making an actual profit. Neither does it say anything about the size of the revenue. Calls of 30p are hilarious. Well you are going to get plenty of opportunity to top up next week then.

[lloydiee69] 30/5/2021 10:21

well i hold 620k in here and not selling a bean till 30p with an average of 3.34p

[cszjrh2] 30/5/2021 09:14

Nope. Last earnings forecast we have is that post acquisition they expect to be EBITDA positive. Lets see if that comes to fruition....

[terminator101] 30/5/2021 08:34

Really? Yet not a peep about revenues this year in the Q1 statement in amongst all the waffle from gobbling huh.

[cszjrh2] 30/5/2021 08:30

What additional pre-Feb revenue were you expecting to see? That GS had been busy buying scratch cards and had won big?!The forward looking statements were included in the Q1 Trading Update. Do keep up.

[terminator101] 30/5/2021 07:15

Its had a good run, but gonna tank on Tuesday. £90k half year revenue for a £28m market cap. Hilarious, that's almost ZOE level of delusion. Pre-aquisition or not, it's the total lack of saying anything about the future in the interims that's the issue.

[onedayrodders] 29/5/2021 11:14

I agree KS ... I think it's an emotional reaction that we've waited for an update in 'April' that never materialised and on Monday we will be in June.And after waiting for so long we get the interim report which must be viewed as in the rear view mirror.I think Monday will see shares change to much more receptive stronger hands

[7rademark] 29/5/2021 10:17

Any sell off will be bought into, I'll certainly take some if they drop it heavily, the up trend is still firmly in place and it will continue, I've been invested in some excellent companies who are useless with information and updates, it's frustrating but usual. Anyone concerned should sit tight and await the next news, imo it will be company/life changing

[mick sturbs] 29/5/2021 10:17

Well said KS.