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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
  0.00 0.0% 1.60 728,910 01:00:00
Bid Price Offer Price High Price Low Price Open Price
1.50 1.70 1.60 1.60 1.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial -0.48 -0.05 4
Last Trade Time Trade Type Trade Size Trade Price Currency
14:44:22 O 35,181 1.52 GBX

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Date Time Title Posts
24/9/202009:41ALGW - Longevity Assets Investment Specialist - Could 100x bag173
24/8/202021:20Alpha Growth Lift Off5,536
17/7/202014:04Proactive replace VOX1
20/5/202020:12Yesterday's exciting update 2
13/5/201908:13Alpha Growth at the UK Investor Show-

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Alpha Growth (ALGW) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:44:231.5235,181534.75O
12:15:531.53173,8602,651.37O
11:11:571.53106,1031,618.07O
09:27:591.5365,9641,005.95O
09:20:341.58300,0004,734.00O
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Alpha Growth (ALGW) Top Chat Posts

DateSubject
25/9/2020
09:20
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 1.60p.
Alpha Growth Plc has a 4 week average price of 1.50p and a 12 week average price of 1.35p.
The 1 year high share price is 3.05p while the 1 year low share price is currently 0.95p.
There are currently 240,815,959 shares in issue and the average daily traded volume is 1,235,479 shares. The market capitalisation of Alpha Growth Plc is £3,853,055.34.
19/8/2020
11:50
mick sturbs: Anyone investing in a company this early in its journey should know there will be fund raising and sharp ups and downs. So all the ‘told you so’ and other guff is irrelevant- those who see the bigger picture will in my opinion be rewarded. Also very positive from the interview is the two RIA’s in talks with Alpha. This could result in a very swift reversal of the share price.
30/6/2020
18:18
jambam: won't be long for share price to reflect potential for a main market share offering incredible returns in non correlated assets. Where would you put money for next few years?? 5p just for starters once gs starts news flow. 20p end of year. 50p target
03/6/2020
10:28
tell sid: From L..S..E: gilesfitzh Posts: 476 Price: 1.74 RE: It pays to read posts here :)Tue 19:23 @Serge1: I’m surprised you couldn’t find me on fb. When I type gilesfitzh into the search bar it only gives me as the result. If you need my full surname look at one of the TR-1s from 26/2, 17/3 or 25/3. @ Serge1and Rambo23: If income for 2020 is £600k from BOAGF and say £500k from 2 hybrid accounts, using a P/E of 15, not too exaggerated I would think, that would give a MCap of £16.5mn which on 205mn shares is an share price of 8p. For 2021 we could reasonably expect £1.8mn from BOAGF and £1.5mn from 6 hybrid accounts, using P/E of 15 that’s a MCap of £49.5mn and an share price of 24p. However for the next few years ALGW’s share price is going to be based on future expectations rather than year on year earnings so, IMO, 20p is by no means out of reach this year.
27/5/2020
19:27
sharetalk: tewkesbury, re the after hours announcement today of Mark Ward increasing his holding again from 4.13% to 5.01%, taken from L..S..E: steve205 RE: Mark WardToday 19:11 Could be......Mark has over 25 years’ experience in banking, insurance and asset management and primarily focuses on risk management, organisation restructuring and other strategic activities such as executive and management information requirements for risk control and business decision making. Potter79 RE: Mark WardToday 18:56 Could this be linked to Mark Ward at Deloitte. He was one of the presenters at a roadshow I went to whilst exiting the RAF. bots Mark WardToday 18:41 Is this a move towards Buyout/ takeover? ------------------------------------- Tewkesbury 27 May '20 - 19:08 - 5214 of 5217 Meanwhile an after hours announcement today confirms Mark Ward has just increased his shareholding from 4.13% to 5.01%: https://uk.advfn.com/stock-market/london/alpha-growth-ALGW/share-news/Alpha-Growth-PLC-Holdings-in-Company/82544400
06/5/2020
11:16
sharetalk: Holding announcement today - Mark Ward just acquired 3.38% (6,821,715) of the shares. hTTps://uk.advfn.com/stock-market/london/alpha-growth-ALGW/share-news/Alpha-Growth-PLC-Holdings-in-Company/82386861 From L-S-E today: SanlamToday 08:08 Mark Ward works for Sanlam Wealthsmiths, a wealth management company that is very aware of market volitility. ALGW Black Oak non-correlated fund would be ideal then!
29/4/2020
12:15
tewkesbury: Looks like a wall of money will move into ALGW at some point: ALGW 27/4/2020 Summary of the three specific strategies: 1) BlackOak Alpha Growth Fund - Dec 2019 - KPMG completed review and Opus Fund Services bought up to speed. - Nov 2019 - ALGW hired Austin King to work on marketing and marketing program - target list of 10,000+ US registered investment advisors (RIAs) with hundreds of billions under management. - Jan 2020 - Calls with RIA's and their clients, expected to convert into allocations to the fund in February and March 2020, but delayed by general market conditions from COVID19; however, no contacted investor has given notice of cancel such intention. - Ongoing - Fund continued to produce results with NAV $10.155m at end Sep 2019 and NAV at end Mar 2020 $10.830m, giving total return 5.01% gross and 4.03% net. - Current SLS fund composition comprises 33 policies with combined face value $27.4m. "In the Directors' opinion, the fund is well positioned to attract capital and continue gaining traction, even during this volatile period due to how SLS performs as a non-correlated asset. With continuous marketing still occurring and consistent results being posted monthly, the benefit of investing in SLS assets are well showcased by the fund. A survey of 107 leading limited partners this month by Eaton Partners, a global placement company owned by Stifel, indicated that 22% of those surveyed viewed Senior Life Settlements as one of the strongest alternative assets. The results of this survey can be seen on the Company's website." 2) Warehouse Loan/Short Term Credit Facility "...quite a bit of interest and commentary from the market." - Dec 2019 - Progression of discussions with leading UK asset manager in December, conversations and preliminary due diligence reached point where commencement of documenting the intended transaction started. - Early Q1 - ALGW and asset manager intended to conclude transaction. - Feb 17 - Progress by both parties in organising terms and timeline around completing transaction, however, the counterparty needed to allocate resources to other parts of their business directly affected by the market turmoil from Covid19. - Ongoing - Communications continued on various levels and tasks. "The Company remains hopeful that once markets normalise the discussions and negotiations will pick up. The Company still expects the fee model associated with this strategy will be as anticipated. The Company is subject to certain confidentiality restrictions which preclude it from saying more or identifying the counterparty. Moreover, even if the name of the asset manager firm wasn't confidential, the Company would be reticent to state the name in the public domain as this would eliminate a strategic advantage over its competitors. As and when further details can be publicly announced, the Company will do so." 3) Separate Managed Accounts - ALGW approached and has entered into discussions with sponsors of proprietary funds to manage the longevity assets within those funds or what we call 'separate managed accounts'. - 2019 - ALGW had several opportunities present themselves. To avoid a dilution of its resources, ALGW focused on discussions with parties pre-vetted by, or already known to, the Directors. - Early 2020 - Oportunities reached stage proving to be the inflection point for the discussions, particularly as the equity markets were viewed as being "toppy", with the investors wishing to diversify into non-correlated assets. However, general market with Covid19 caused liquidity issues for investors (who would be likely to want to allocate funds currently invested in equities into SLS assets). - Ongoing - "Not diminished investors desire to diversify into SLS. ALGW in contact with these parties who recognise the executives and ALGW as valuable resource for their long-term objectives." "[ALGW] continues to receive and have discussions with parties that wish to allocate funding, usually at a minimum of $25m, to invest in SLS, and to appoint the Company to act as the advisor or sub-advisor for a fee" https://uk.advfn.com/stock-market/london/alpha-growth-ALGW/share-news/Alpha-Growth-PLC-Periodic-Corporate-Update/82308429
23/4/2020
10:07
jungmana: Some good progress has been made over last 2 years imo. Also have not seen the kind of share price destruction in most small companies. The $100m deal still in the works too.
23/4/2020
08:57
7rademark: This is a multi billion $ market if they can pull it off we are looking at multiples of today's share price.Ref the directors buying shares, that's a fine art, if they buy too little it looks like a feeble attempt to raise the share price, some are very experienced in this field, it doesn't mean they have money.
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.
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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