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
  0.02 1.19% 1.70 4,376,950 14:57:02
Bid Price Offer Price High Price Low Price Open Price
1.60 1.80 1.85 1.65 1.70
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial -0.48 -0.05 3
Last Trade Time Trade Type Trade Size Trade Price Currency
16:23:32 O 29,000 1.7175 GBX

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27/3/202019:37Alpha Growth Lift Off4,948
13/5/201908:13Alpha Growth at the UK Investor Show-

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DateSubject
28/3/2020
08:20
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 1.68p.
Alpha Growth Plc has a 4 week average price of 1p and a 12 week average price of 1p.
The 1 year high share price is 3.05p while the 1 year low share price is currently 0.93p.
There are currently 201,635,006 shares in issue and the average daily traded volume is 1,815,637 shares. The market capitalisation of Alpha Growth Plc is £3,427,795.10.
09/2/2020
15:41
jambam: The complex nature of alphas business model and the absurd potential obviously too much for some to understand. Now is the time to invest. RCF confirmation is proof of concept.following that RNS share price will be 5p minimum.
05/2/2020
11:13
moneymunch: Not sure if you saw this from Monday, courtesy of gilesfitzh on LSE, but provides informative insight on proceedings. I'm hoping that DS and Co are in town to finalise the $100m Credit Facility and other strategies, as they suggested this would likely happen after Christmas, and the AGM has been brought forward to make it an AGM to remember, as well as a way to save on costs and expenses with all the team in London now, rather than bringing them all back from the US in March. Gla ;-) 2/12/19 "I and the team will be in London before and after the holiday breaks to progress the above and our other strategies. I look forward to updating the market shortly on the other aspects of the business as we further validate and improve the offering across our various revenue channels, with the addition of new personnel we are seeing increasing appetite and interest to the funds and will be updating the market in the very near term." gilesfitzh Posts: 159 Price: 1.85 No Opinion Telephone conversation with GS.Mon 15:33 I have just put the 'phone down after my conversation with GS who is in NY today flying in to Heathrow tomorrow pm. The questions that I had put to him were many and some quite specific. Unfortunately as I was not perhaps as clued up on what could be sensitive information, for example exact details of the bonus scheme targets which he advised me were not something that were made public as competitors could use that info. to poach key personnel (I had not thought of that) a few of the questions could not be answered. However the following were answered. First though my impression of him as a person: Very personable, straightforward, honest and upfront. He definitely expects the company to break even this year though he didn't specify whether this was the company year or the calendar year. I had queried this as I had assumed that there would be commissions payable to third parties in the acquisition of AUM, Danny Swick can't actually deal with individual policy holders (BTW DS is working 150% (GS's figure) for ALGW and Kango is on the back burner) and commission will have to be paid to whomever aggregates bundles/portfolios of life policies. I also assumed that the costs of the RCF would impact ALGW's profitability but both commissions and RCF charges are capitalised into BOAGF so the management fees and performance fees (eventually) will be ALGW's income and only Directors fees and usual business overheads have to be paid for out of this. BTW there was a suggestion that SLIM would not be part of the business shortly. GS says this is rubbish, he and DS have been involved in several joint ventures with SLIM for over 10 years and both are very happy with the relationship and will not be changing it. With regard to the resolution for the Directors to be able to issue 75 million shares he was adamant that share issues would only happen if what ALGW got for those shares would increase the value of ALGW by at least the value of the shares and hopefully considerably more. ALGW has enough 'money in the bank' to cover expenses to break-even. As to share buy back he explained that that was a precaution in case a large shareholder decided, due to unforeseen financial difficulties, to sell their shares and buying them back could prevent a run on the share price. (my comment - which presumably none of us want). Now that I know that any commissions on acquisition of AUM and RCF charges are not ALGW costs I have redone my estimate of ALGW's P&L and Balance sheet for the next few years I can say that it is looking VERY TASTY. One final point that GS made when I mentioned the rumours and supposed 'inside track' that some people claim was that NOTHING leaks from ALGW, everything that is market sensitive will be announced by RNS in a timely manner and you should take absolutely no notice of any claims on BBs especially those that might have an impact on the share price. All in all a very satisfactory conversation with GS.
03/2/2020
12:59
herb clark: What would you anticipate the share price would be?
29/1/2020
15:10
jingle bells: Eqtec (EQT) Possible 10x bagger this year: Align Research 2/1/2020 EQT end 2020 share price target 1.631p, 'some nine times the current price of 0.18p', 'Conviction Buy' hTTp://www.alignresearch.co.uk/eqtec/eqtec-shares-surge-california-project-financial-close/ http://uk.advfn.com/cmn/fbb/thread.php3?id=45550449
28/1/2020
13:16
aimshares: On Algw share chat twitter ,so don't no how true it is.1h#ALGW at least 10 enquiries per day for the Blackoak Fund,rumours of extra assets under management ,this could be massive ...coming very soon ,senior Life Settlements ,multi billion business in US DYOR
22/1/2020
08:51
romeo47: Oh look who’s back the two numties Troytate and berlintim. It’s funny that you only comment when the share price starts to fall. Friends of that other delta on Twitter are you - everyone can see right through you and ADVFN should be banning the multiple accounts you post under!!!
15/1/2020
16:18
king suarez: Why would the share price multi-bag on news that is already anticipated by the market and has been signposted in prior RNS's (market has had 6 weeks already to digest this credit facility news). I am a holder here and expecting probably a moderate rise - say 20% maybe short-term on confirmation. The big rises will surely come once deals are actually signed and further, when 12 months down the line, we start to see confirmation of what revenue and performance fees are being generated? There are obviously a ton of short-term speculators here waiting to try and grab a quick profit on the next expected news, which is fine, but that will prevent any decent rise imo.
01/1/2020
20:20
2mex: Daniel, as news on the signing of the credit facility appears we should see a great surge in the share price but the real gains will be made from holding. This company has a lot of positives short, medium and long-term. (1) Well, for starters $100m facility is the short-term trigger (2) The focus is then on potential and time to 10bag, 20bag as it is scalable. (3) With the projected increments, the FUM will be approaching $2Billion within 8 years. (4) Alpha has a unique situation with specific talents amalgamated for Life Settlement (5) Potential for asset manager(s) to increase credit facility (6) Relatively low cost to operate (7) Extensive networks brought in by key people (8) The market is expanding and currently $57B annual trade there to be sourced The initial $100m trade target for year 1 indicates confidence of business developing quickly.
28/12/2019
10:11
tim000: JSE has surprised me by the extent of its rerating - mistakenly I had steadily reduced my holding as momentum tailed off earlier in the year. Buy and hold is a tough strategy to follow! But ALGW is definitely a buy and hold investment. It’s rare that an investment is an easy ride, I don’t expect this one to be any different, but hopefully the optimism displayed by posters will ultimately be reflected in the share price.
22/12/2019
13:25
tim000: 2mex, I don't know if you ever came across a listed hedge fund called RAB Capital? It didn't have the unique skill set of ALGW, but nonetheless there are some similarities between the two businesses. RAB started off like a rocket, but ultimately the share price fell back and the business went private, because the fee structure was too aggressive and money started being pulled out into other hedge funds etc - as you'll know, money management is a highly competitive industry and investors don't like paying massive fees in a low-yield environment. I don't envisage that scenario happening here, because returns should be consistent and healthy. However, ultimately ALGW is just another fund manager like RAB, and it shouldn't trade on enormous multiples of earnings (perhaps 10-15?). $200 mn FUM from clients can be expected to yield about $5 mn gross income (assuming 12% can be achieved consistently, which isn't a given), so perhaps £1 mn profit? Hence maybe a mkt cap of £10-15 mn? But bear in mind, in the longer term, the industry will expand and new competitors will emerge almost certainly, bearing down on ALGW's fees. Imo, the key to ALGW's success will be how quickly can it achieve market dominance by growing into a multi-billion fund? That would give the firm some protection from newcomers. I don't know anything about this market, and have no idea whether HNWIs etc will place substantial funds with a new fund manager of this type. So I think ALGW is somewhat speculative at the moment, admittedly with much greater upside than downside. But unless the firm can attract an avalanche of funds quickly, I wouldn't expect the share price to rise enormously overnight. And the $100 mn facility is already known about (if not finalised), so I wouldn't expect it alone to have a massive impact. Anyway, those are my thoughts.
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