Alpha Growth Share Discussion Threads

[juniperberry1] 04/4/2022 12:43

Here comes another downward spike

[cszjrh2] 31/3/2022 16:04

Not really. They had said it in both of the last two RNS. It was only the odd deramper on here that was suggesting they would be.

[juniperberry1] 31/3/2022 15:22

You would think the reassurance on “no cash raise” would encourage some share price activity

[cszjrh2] 31/3/2022 15:11

Be worried if it did move the price I guess as anything price sensitive should be in an RNS.

[juniperberry1] 31/3/2022 14:21

Pleasant Q & A, no price move off the back of it

[cszjrh2] 31/3/2022 13:26

Shareholder Q&A video from Gobind is out in case anyone hasnt seen it yet:


Q: Do you anticipate a cash raise in the near future?
Gobind: I do not

Great news re: the longer than anticipated expiry date on warrants for those shareholders who hold them and great to see the company keeping the comms channels open and engaging shareholders.

[barahi] 30/3/2022 16:51

Hi baghdaddy2018, some good posts on here today. Do you have an active link to join the algw telegram group?

[baghdaddy2018] 30/3/2022 14:49

Definitely no placing. Was clearly states in the RNS and also in previous RNS that company intends to use funds from warrant exercise to make additional acquisitions. Also, should that not be clear enough to anyone making such outlandish claims, the company has no headroom to issue additional shares following the Northstar acquisition last year.

[cszjrh2] 30/3/2022 14:34

Errr. No. "The Company is funding the acquisition from operations, and it will not require an equity raise."Also as per other RNS the company have confirmed that the outstanding 3p warrants will be used to fund further acquisitions.

[juniperberry1] 30/3/2022 14:26

All good points so thank you for taking the time to write so much. Disappointing that the company didn’t communicate well as this definitely impacted the share price which Alpha didn’t care about, not a great trait of a company in my opinion. But as this is now Marks Wards job, I expect this to be hugely improved as the guy is a class act.

[jambam] 30/3/2022 14:21

placing coming to fund next acquisition

[baghdaddy2018] 30/3/2022 14:19

Someone seems keen to be accumulating some decent sized buys been going through

[baghdaddy2018] 30/3/2022 14:18

Seemed to coincide more with the news that the BOAGF has won yet another Batclay Hedge award for its performance in January. Returned 0.93% which is an exceptional number generating the management fee and if it continues there's the 20% bonus element that will be earned.

hxxps://www.linkedin.com/posts/alpha-growth-plc_boagf-barclayhedge-awards-activity-6914893061684641792-3jX8?utm_source=linkedin_share&utm_medium=android_app

[garykc] 30/3/2022 14:14

All buys since the US market opened. Coincidence??

[neilyb675] 30/3/2022 13:02

The sooner the share price is over 3p the better for all concerned. The warrants come into play and the company can be further grown by increasing its AUM by acquiring further (build and buy). Like has been mentioned doesn't take much volume to move this, but 3p is the magic number here.

[oilhunter2020] 30/3/2022 10:49

At current low mcap - level looks quite attractive. Also chart-wise might be a start of a parabolic move! Hopefully... backed on good news.

[baghdaddy2018] 30/3/2022 10:13

Excellent summary Rambo, the company is a very different place to where it was just over a year ago. The new acquisition being funded from operations suggests that they're generating a decent amount of revenue from the Northstar and BOAGF sides of the business. I too look forward to the accounts in April, I also think theres more to come short term that may just take the market by surprise. I expect the share price to be back at 8p or more sooner rather than later.

[bullrun1] 30/3/2022 10:03

Very good summary rambo, great opportunity to average down or up at the moment, this will gain a lot traction over the coming months. GLA

[rambo5048] 30/3/2022 09:56

Juniper my take on this is the Northstar acquisition funded by the last placing at 2p was the catalyst for the share price to move up to 8p along with wider sentiment. We were also expecting a conclusion to the RCF around that time. As the placing for the Northstar acquisition was for a larger amount relative to the company market cap at the time the company was required by the FCA to complete an updated prospectus. This is a time consuming exercise to prepare the detailed materials to submit to the FCA for review and approval. There is a large amount of Q&A with the FCA as part of this process. One of the additional things Alpha had to do was to align the Northstar group accounts (Bermudian) to a different accounting standard to meet the FCA regulations. This got done but took time. The Northstar deal completed in March and the prospectus approval came in December. It is not unusual for this process to take 6 months plus. One of the main limitations is the FCA itself who have too many of these to do, a lack of resources, the lack of timely requests for information up front, no single point of contact throughout the process and protracted turnaround times to any communications. I have seen several other companies going through the same process last year and it was a similar experience...long and painful.
Going back to your question the Northstar deal came out of the blue and building on from that the July Q2 2021 trading update was very positive. Post that the issue we had was there was virtually no news or updates from the Company until the end of the year and throughout Q1 this year. This was very painful and drained investor confidence and changed sentiment dramatically. Given the liquidity is very tight any buying or selling can have a big impact on the share price movements on a given day. Yesterday we were up 9% on 2.2m traded for example. What we saw H2 last year was a wave of selling over an extended period which got us back to where we are now 2-3p. However just like before we have just had another acquisition come out of the blue. We have gone from 10m to 700m AUM in 2 years so I'm my view the business is as derisked as it ever has been before. Worth remembering the placing was done at 2p to fund the 270m Northstar deal. We have doubled AUM again recently in a pen stoke pending final completion and we are at 2.5p. 
The comms could have been better last year but the business hasn't sat still doing nothing which people forget. Revenue is being generated, AUM is increasing across the BOAGF and Insurance business. Over £5m in 3p warrants available to support the company as we move forward and continue to implement the build and buy strategy. The company has a 2025 target of 2bn AUM but I think that will be conservative in that timeframe. The bigger we get the more visibility we get the more opportunities will come our way. Mark Ward who owns over 20% fully involved now in the strategy and comms moving forward and we are already seeing the benefits of that. Worth noting the management time required to complete the prospectus and account changes last year over a 9 month period would have been significant. Given we are a small management team this means that time spent last year will now be 100% spent growing the business so 2022 should be very productive. Results coming in April and I'm expecting us to be in positive territory for the first time or very close to it. I bought more yesterday as I believe once sentiment returns we will see a re-rate on this and at some point be above 8p and move up from there. This is like buying a £20 note for £5 based on what we have now you just need to be patient in my opinion but DYOR. Anyway I hope the info helps add colour to the picture here.

[juniperberry1] 30/3/2022 08:53

Can anyone explain the drop from 8p to 2p. Anyone investing at the higher level has been absolutely smashed and so I can understand the reluctance to buy shares

[rambo5048] 30/3/2022 08:15

Yesterday was positive up 9%. Moved up on just over 2.2m traded and most looked liked buys. Cheap stock sub 3p warrant price running low. Given the state of the wider markets in recent weeks I expect things to improve and that will help our share price as well. The business has taken large steps forward over the last 2 years and the last RNS was a reminder of that. Admittedly we didn't get the RCF over the line I think we were very close at times but now its not as important as it was 2 years ago so we have to take it on the chin and look forward. However meanwhile the AUM has gone from 10m-700m in 2 years demonstrates the model is working and I think we would have all taken 700m AUM 2 years ago! More AUM = more Revenue. Good times ahead spread the word

[oilhunter2020] 29/3/2022 16:38

Hey guys, thanks for your replies to my question. Good move today so far. Topped up a bit.

[garykc] 29/3/2022 16:27

Nice rise today on what appears little volume.

[juniperberry1] 28/3/2022 15:55

Yup this has gone from being to a short term win, to a long term get your money back in three years investment, that’s if they don’t make mistakes a long the way or sell out

[kaos3] 28/3/2022 15:23

if we have fixed life insurance returns - with a falling markets all around ???

is that a possibility ?