Alpha Growth Share Discussion Threads

[qsmeily456] 04/10/2023 11:27

As I said it's their private income to fund their lifestyles that u lot fund. I

I'm a buyer just for clarity 🤣

[sharekitchen1974] 29/9/2023 17:51

Good end of play buying

[neilyb675] 29/9/2023 17:24

We expect our cash flow to improve, and we continue to believe that we will not require a placing of shares, unless it is for strategic acquisition and growth purposes.

We continue to advance our buy and build strategy to ensure continued and substantive ongoing growth of the business. We continue to be presented with and review potential acquisitions that are both complementary and supplementary to its existing businesses which will further enhance free cash flow and move us close to executing the 2B plan. To this end, the appointment of Jason Sutherland as a full-time executive has greatly enhanced our ability to identify and undertake due diligence on potential targets.

Our strategy continues to insulate us from a lot of the volatility in capital markets although we appreciate that our share price performance continues to disappoint. The Directors firmly believe that the value creation strategy will feed through to the share price as the Company looks to continue to deliver on their stated goals.

I would like to take this opportunity to thank the shareholders for their continued support as we build Alpha Growth into a significant organisation within its sector.

Gobind Sahney

Chairman

29 September 2023

[cszjrh2] 29/9/2023 16:09

And will we close flat .... ;)

[cszjrh2] 29/9/2023 14:18

It removes the dilution that would have come should the holders of the 187.5m warrants decide to exercise them. But equally it means the company isn't getting the money it would have brought in to fund further acquisitions. The board said at the AGM they don't need the money so in theory it's positive for shareholders.

[sharekitchen1974] 29/9/2023 13:55

Thats a good thing right?

[cszjrh2] 29/9/2023 13:51

It was indeed. Clearly good they expect cashflow to improve further following their integration of the second insurance business and continue to not expect a share placing to cover costs but things look to be taking longer than expected.

We might see some positivity later in the year when the 3p warrants expire as they almost certainly will do now.

[sharekitchen1974] 29/9/2023 13:33

Well that was disappointing, bottom draw and come back next year ?

[cszjrh2] 25/9/2023 10:03

We'll find imminently when the interims come out. Based on the Allenby broker note we should expect the companies first Operating Profit.

Also GS spoke to potential US investors last week at a "Financial Services Virtual Investor Conference". Be a positive if they can attract some US investors as we've seen next to nothing traded on the OTC listing.

[oilhunter2020] 25/9/2023 07:40

Yes, pretty "good" performance... whats going on behind the curtains?

[qsmeily456] 20/9/2023 15:57

No ramping on the 🐂💩 thread says it all 🤣

[qsmeily456] 14/9/2023 15:12

Smells like 💩 it usually is.....but I'm loading up...at these prices 🤣

[cszjrh2] 13/9/2023 19:16

Not convinced. We should receive, or have received, a profit warning from the broker if the results are going to be materially different from their latest estimates. This feels to me like people just running out of patience with the companies "no comms" comms strategy. And its hard to blame them.

[sharekitchen1974] 13/9/2023 16:41

Especially if the fund only return 7% and you pay 1.5% in fees, better to stick your cash in the bank

[qsmeily456] 12/9/2023 23:11

And down again 2 🤣 only 1 clown 🤣🤣🤣

[qsmeily456] 11/9/2023 16:44

Declined from 3p hardly recent or fast. No its just that 💩 always sinks eventually and it's just a ramped cash cow for the owners.....so another cash raise to pay salaries and lavish travel from your pockets 🤣

[cszjrh2] 07/9/2023 16:42

Jambam - is that the same placing you predicted on the 20/2/2023 at 8:06? Comical. I suspect the reason for the rise is a combination of (a) people monitoring the recent decline looking to call the bottom before buying back in (b) the interims due at the end of the month which will show the companies first substantial operating profit and (c) a couple of posts on the other main share trading forum for companies traded on the LSE.

[kaos3] 07/9/2023 16:15

yeah - also here in a cafe in ljubljana, slovenia

must be something to it

[jambam] 07/9/2023 16:10

Placing rumours