Alpha Growth Share Discussion Threads

[garykc] 20/2/2023 15:00

No trades showing, very strange

[neilyb675] 20/2/2023 14:55

3.00 - 3.20 (GBX) at 14:22:25
on Market (LSE)

[red army] 20/2/2023 14:52

Market cap still far too low IMO so added today.

[cszjrh2] 20/2/2023 08:26

If I had a pound for every time you had said that about Alpha I would have had to issue a TR1 because of all the shares Id have bought with the money...The company has £5.6m in outstanding Warrants held by very supportive shareholders and have said that only a truly amazing (and very large) acquisition would lead them to a placing and that would likely be after the warrants have expired/been exercised. Also as per the Broker Note issued last week the balance sheet is looking very healthy indeed so there is absolutely no need for a placing to cover opex. But of course you dont care about any of that. You just post "placing soon" every 6 months...

[bullrun1] 20/2/2023 08:25

Simple jack..

[jambam] 20/2/2023 08:06

placing coming folks

[bullrun1] 18/2/2023 14:44

Just making an observation that the buying appears to be building up.

[cevodniya] 18/2/2023 00:30

bullrun1, it looks like 4 x 250k buys recently =1.000.000, and we are excited?
We dont need a TR1 unless it's a top up.
I've over 1,000.000 and I'm no whale!

[bullrun1] 17/2/2023 16:05

250k buyer still at it I see, next week could get interesting.

[cszjrh2] 17/2/2023 11:48

Anyone looking to buy should set a limit order or pick up the phone to their broker.

[neilyb675] 17/2/2023 11:37

Your order can not be completed automatically

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BUY: 15000 ALGW - ALPHA GROWTH PLC ORD GBP0.001

[neilyb675] 17/2/2023 11:37

very little stock available .....N/T for even 15k shares

[neilyb675] 17/2/2023 11:00

2.80 - 3.00 (GBX) at 10:50:29
on Market (LSE)

[cszjrh2] 16/2/2023 17:24

Late printed 250k buy @ 2.875p.

[gilesfitzh] 16/2/2023 14:03

Maybe try a different broker :)

[neilyb675] 16/2/2023 13:56

Your order can not be completed automatically

Your order cannot be completed automatically at this time, but can still be submitted as a negotiated order. Reasons for this could include market volatility, the size of your order, or because there is not enough electronic stock available to match your order.

Because your order cannot be completed automatically we cannot guarantee the share price at the time of your trade.

Your order will be sent directly to our Dealers who will negotiate the best price available for your order in the market at that time. All orders will be completed in fair and due turn as soon as is practically possible.

Once you have placed a negotiated order you do not have the facility to cancel this instruction online.

BUY: 100000 ALGW - ALPHA GROWTH PLC ORD GBP0.001

[cevodniya] 13/2/2023 20:20

Thanks bullrun1, I've a heap more at an average of 2.5p and I'm certainly hopeful of seeing them at 10p in the next year to 18 months.
Moving forward to 25/26, a price of 30 to 40p as suggested by cszjrh2 would be very well received.
As a point of interest, check out the London South East algw forum, really hot chat goingvon there.

[bullrun1] 13/2/2023 18:39

I agree with cszjrh2, I dont think you will be disappointed, very good entry price too cevodniya, good luck I hope you make a lot money... just like the rest of us mate :)

[baghdaddy73] 13/2/2023 16:38

I would expect an approach to be in to 30 to 40p range but could be more depending on what additional acquisitions the company makes over the coming months

[cevodniya] 13/2/2023 16:16

cszjrh2, I agree entirely and obviously the recent broker update valued the share price at multiples of current price.
Why the share price is at current values is beyond me.
If and under current asset attainment, AUM by 2025 is $2,000,000 or more and the company gets an approach, which is likely once those AUM's are achieved, what price the share price then, with of course the additional bonus on top of the prevailing share price at the time?

[cszjrh2] 13/2/2023 14:12

My summary of the broker note key points: - Estimated FY22 revenue of £4.15m and gross profit of £1.5m are very positive numbers and a massive step on from the 2021 16 month accounting period. This demonstrates the kind of revenue PLAC is already generating and this will only increase as the organic growth continues. This proves beyond a shadow of a doubt that these are profit making companies Alpha are acquiring and moves the group as a whole within touching distance of its first pre-tax profit. Also the kind of policies PLAC and AILCX are dealing in aren't like car insurance policies that are renewed each year with customers shopping around. These are long term arrangements with steady revenue year after year. - The FY23 projections begin to show the growth potential of Alpha with revenue rising to £6m with a healthy pre-tax profit of £660K. They show revenues ramping up without a significant operating cost increase.- Also in the financials is a £3.4m "profit on bargain purchase" booked in FY22 showing that Alpha has acquired its insurance businesses below book price as they were seen as non-core by the sellers, despite being healthy businesses in their own right. This is important as it opens up even more financing options to the company for future acquisitions. Though with a theoretical maximum of £5.6m available from the Warrant Holders I doubt they'll need it. Historically we've seen something like a 1:100 ratio for acquisition price to AUM so the £5m could fund another very significant acquisition. - The comment about some of the acquisition targets in their pipeline being "substantial" (up to c$1b AUM) suggests that the companies stated Plan 2B of $2B AUM may well turn out to be very conservative and quickly surpassed. 'Plan 10B' has a nice ring to it.- The final comment about the company now having an established base of four profitable businesses can't be overstated. It's long been a discussed aim of the company to build a business that would become an attractive future acquisition target itself. Given how regulated the regions Alpha operates in are, and the life insurance sector is in general, it would take a competitor literally years to construct something akin to Alpha from scratch. It therefore becomes easy to see how attractive the company will be when it's grown even further and become truly established.With all of the above you can see why the company has attracted a number of substantial PI holdings and is now starting to appear on the radar of institutions. It will also certainly appeal to Family Offices and UHNWs who become customers of one or more of the company cornerstones. These aren't holders who are looking for quick beer money but will be holding for a number of years and I suspect many will be looking to hold until Alpha are acquired. I know I am!

[cszjrh2] 13/2/2023 14:10

Following the broker note we now know that the FY22 accounts will show the company near or at breakeven. It also forecast significant organic growth in the next 12 months and the profit it will deliver so I think you have made a very well timed investment.

[cevodniya] 13/2/2023 14:02

bullrun1, I've just made a little top up of 348,000 at 2.855p, having tried all day Friday at 3.00p.
Time will tell if this is a wise decision, but I'm confident.

[bullrun1] 09/2/2023 12:46

Someones accumulating all the stock at certain price by the looks of things, big bounce later on imo.

[neilyb675] 09/2/2023 11:19

Your order can not be completed automatically

Your order cannot be completed automatically at this time, but can still be submitted as a negotiated order. Reasons for this could include market volatility, the size of your order, or because there is not enough electronic stock available to match your order.

Because your order cannot be completed automatically we cannot guarantee the share price at the time of your trade.

Your order will be sent directly to our Dealers who will negotiate the best price available for your order in the market at that time. All orders will be completed in fair and due turn as soon as is practically possible.

Once you have placed a negotiated order you do not have the facility to cancel this instruction online.

BUY: 100000 ALGW - ALPHA GROWTH PLC ORD GBP0.001