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 Shares Traded Last Trade
  -0.25 -11.9% 1.85 960,253 11:47:52
Bid Price Offer Price High Price Low Price Open Price
1.80 1.90 1.95 1.85 1.95
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial -0.64 -0.50 8
Last Trade Time Trade Type Trade Size Trade Price Currency
16:38:15 O 250,000 1.825 GBX

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Date Time Title Posts
24/6/202218:58ALGW - Longevity Assets Investment Specialist - Could 100x bag2,874
20/6/202215:58Alpha Growth Lift Off5,720
19/12/202123:02Proactive replace VOX52
02/9/202120:47Yesterday's exciting update 20

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Alpha Growth (ALGW) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-06-28 15:38:161.83250,0004,562.50O
2022-06-28 12:26:451.8812,666238.63O
2022-06-28 11:24:171.812073.75O
2022-06-28 11:09:551.892073.92O
2022-06-28 10:32:121.88144,7352,721.02O
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Alpha Growth (ALGW) Top Chat Posts

Alpha Growth Daily Update: Alpha Growth Plc is listed in the General Financial sector of the London Stock Exchange with ticker ALGW. The last closing price for Alpha Growth was 2.10p.
Alpha Growth Plc has a 4 week average price of 1.45p and a 12 week average price of 1.45p.
The 1 year high share price is 4.50p while the 1 year low share price is currently 1.45p.
There are currently 431,887,388 shares in issue and the average daily traded volume is 4,763,230 shares. The market capitalisation of Alpha Growth Plc is £7,989,916.68.
sharetalk: Posted yesterday on L-S-E by cszjrh01: cszjrh01 Strong Buy RE: AGM Mon 13:59 Yes. Very productive and positive session with GS spending 80 mins with us after we'd unanimously voted through the AGM motions. He was more than happy to spend the time answering questions and discussing the Group as a whole. It was also a great opportunity to meet a number of the other major shareholders and share views. Broadly our discussions fell into three buckets: 1) "Explaining the business" We talked a lot about the Insurance acquisitions, how their policies are currently broadly traditional asset based but that they will provide sticky risk-free revenue in addition to a channel to market the company’s life settlement products. He confirmed that completion of the most recent acquisition is imminent, and that anonymity of the seller was part of the conditions of the sale. We also discussed that both acquisitions are returning healthy profits in their own rights, certainly aren't distressed assets, and compliment the rest of the group. The company brochure will be out before the end of the month and will be a big step forward towards making the company easier to understand for potential new investors, and existing ones ;) The team are however keen to time further updates to ensure that more positive market conditions lead to them getting the right bang for their buck. 2) "Having confidence in the business" I challenged GS saying that before the PLAC acquisition we were told that it would allow the group to breakeven. Then on the announcement of the second acquisition we were told the same. Then more recently it was going to be the end of the year. He disagreed with this and said that the company already had a net in-flow of cash and MW said this was an area where they'd be improving the clarity of comms. I said it was important as shareholders need to be confident that they'll be no future raises to fund operational costs. There won't be and the company expects to be able to fund further acquisitions themselves. 3) "Sentiment around the business" We said that the takeaway headline being peddled on the open forums from the last accounts was "Company makes £1.5m loss and Directors award themselves £500k". As has been confirmed on here over the weekend, GS confirmed this isn't the case and the entry on the accounts in the non-cash account charge for the future options at 2.95p So a great meeting and gives me a lot of confidence for the growth we'll see. Also the current share price means its not too late for anyone out there suffering sellers regret. ;)
juniperberry1: Two words, lifestyle and greed. I promise you all, this share price is not going above 2.5 in the next three years.
juniperberry1: If the accounts are decent which we are all hoping for, realistically in the current climate with a war what kind of share price are you hoping for?
juniperberry1: Can someone please explain this poor share price?
juniperberry1: I hope the accounts news isn’t wasted at a time when there will be little uplift on the share price. Would be good to wait until the market is more buoyant for sure. Hopefully they delay until the new deadline in June.
juniperberry1: The accounts won’t be released until June and by that time the share price will be 1.9/2.0 Buy at 1.9/2.0 price and historically the price will rise 30%. Easy money, don’t hang your hat on the big rise because they never materialise, but 30% seems achievable.
rambo5048: 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.
baghdaddy2018: Warrants wont come into play until the share price is significantly higher and when they do theyll be used for an accretive purchase which will add significant value to the company and therefore the dilution should have a minimal effect on the share price. Company focus nownisnin building AUM, generating revenues and therefore profit which will see the share price rise. The vast majority of the shares in issue are held by about 6 people so theres not a lot to go around when the market wakes up and realises what a bargain this is right now. Theres a lot of money to be made here and imho nows the time to be loading up whilst its cheap
cszjrh2: Clearly share price is not where we would want it but based on the last couple of announcements I would say there are a number of reasons to be very positive:- Involvement of MW to add some renewed rigour and focus - Commitment to improve shareholder comms and engagement. A lot of the recent drop is down to sentiment having been battered by the radio silence- Further update this quarter on acquisition targets which will be funded by the existing Warrants - Further confirmation that no need for equity raises so little or no risk of dilution. The 2B USD AUM target is hugely ambitious and they have a long way to go to get there. However compared to the company I first invested in around this share price 2.5 years ago they are massively derisked and have a great foundation.
king suarez: From gilestitzh: "An analysis of the last couple of months.16 Apr 2021 18:58 11th Feb: Acquisition announced, 14.8 million shares traded, share price moved from 2.32 to 2.80 5th March: AGM report, which said nothing, 1.8 million shares traded, share price drifted from 2.50 to 2.40. 8th March: £3,750,000 worth of new shares sold to investors at 2p with attached warrants at 3p valid for 2 years, 1 million shares traded, share price moves from 2.40 to 2.51 which is remarkable as you would normally see the share price move to more or less match the placing price. 16th March: TR-1s submitted following issue of new shares, 8 million shares traded, share price unchanged. People don’t seem to understand what the acquisition means. 17th March: People realise that Mark Ward invested a further £1 million pounds in ALGW, 8.5 million shares traded, share price moves from 2.50 to 3.25. 23rd March: Announcement of acquisition of Northstar, 12.6 million shares traded, share price moved from 3.30 to 3.65. Friday 9th April: Trading update, 15.8 million shares traded, share price moves from 3.65 to 4.49. Monday 12th April: More people twig that ALGW is going places, 10 million shares traded, share price moves from 4.49 to 5.00. Tuesday 13th April: Slower people finally get it, 5.8 million shares traded, share price moves from 5.00 to 5.15. Wed, Thurs, Fri 16th April: So, buyers have bought, sellers have sold, traders have done what they do, a measly 6 million shares traded over the last 3 days, share price drifted from 5.15 to 4.65. My analysis: GS has delivered a stunning coup in buying Northstar, putting the ALGW group on a break-even footing and putting ALGW in front of an established group of asset investors. The RCF counterparty is in the process of reviewing a block of 100 life settlement policies which were sourced by ALGW and will be managed by ALGW. This will be absolutely transformative for the company. People, not invited to participate in the share placing, who think the above is good have bought shares, those who are happy with a 100+% profit have sold. Total shares traded over the 2 months is about 167 million, which is an average of less than 4 million per trading day. The share price has moved from 2.32 to 4.65. The MM’s have no idea where the share price might go so are cautious and the share price can move on very little buying or selling. The share needs more liquidity which should come as more people become aware of ALGW, in particular US citizens."
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