Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Daisy you confound me. Not too long ago you were extremely pro ALGW. On 1st April you posted:
"I am starting to sense a case of over delivery here now as per MW input as we will be close to $1.5 billion AUM probably by the end of this year."
At that time the company had already informed the market of the change of strategy and direction
Why worry about question 7 now? That change of strategy question was answered months ago.
The option price of 2.95p was a significant premium to the share price at the time the options were issued. You cannot argue differently. Had the share price been 5p then the options would have been at a premium to that 5p.
I'm not sure there have been plenty of shares available. I'm just an amateur investor so don't really understand the intricacies of Level 2 data but having seen the odd screenshot of this on my twitter feed, it looks to me like there aren't too many shares available below 3p and I think raaydaar said he was quoted 3.3p for a million shares when the price was just 2p. My interpretation of that fact alone is that the market makers would be willing to sell shares they didnt have (at a 66% premium) in the hope that they could acquire them below 3p and make their money that way.
Question 4-I don`t call an option price of 2.95p a substantial premium to incentivise the Directors.
Question 7-Failure to answer why half the strategies since IPO have not materialised.
Price "held back today"
Really? plenty of shares available as folk have been selling these off for over a year.
Mow we know why it was being held back all day. Somebody certainly took advantage and got a great price. Next week going to be very interesting. Have a read of the Q&A it's all there in black and white. Company reckon they're the best kept secret on LSE, who am I to disagree.
Brokers note to appear & acquisition to be signed off, exciting times. More acquisitions being discussed, company is quoting for another 200m in AUM , exciting weeks ahead.
Not bothered whether or not is does.
Share price is doing the talking at the moment, not AUM.
Too many sheep on here listening to the happy clappers.
Daisy - you realise that everyone can simply look at your previous posts on here and see that you quickly change from negative to positive in quick succession right?
It's clear for everyone to see and doesn't exactly do you any favours.
Desperation posts? The facts are there for all to read, facts not fiction.
Daisy - Surely you have heard it all before. Every time there is a slight spike in the SP, the same desperation posts appear.
Also complete clarity around Director Remuneration showing no significant increase from previous years.
All falling into place. Wouldn't be surprised to see another flurry of activity today.
Q&A out, excellent progress, question 3, read & digest the answer.
Yawn...
So much for the rebound and the shortage of shares...
Laughable
Great to see some interest and momentum building again today. Soon to have $700 million in AUM all generating nice sticky revenue. The BOAGF won another Barclayhedge Top 10 performing funds award in March this year, I think that is about the 8th or 9th award the fund has received since it opened. So much going on makes ALGW a very exciting investment, company has set themselves a nice target of $2 billion AUM by 2025, if they carry on as they have been then I think that target will be a achieved much earlier. I'm expecting to see a figure close to if not in excess of $1 billion this year.
Agreed Meeten, the aum should be increased significantly as well as the fund numbers, should be interesting to find out the acquisition financials also, lot's to come.
Glad to see that the AGM has assured investors that there is a solid business here.
Having the top man there to answer questions and not hide behind a PR wall is a good sign.
I'm a long term holder, and at teh current price still under, but took the opportunity to top up as I think the market has pushed this down too much.
Exposed? Perhaps.
Confident? Definitely.
Looking forward to the next publication and the increase in AUM.....
Just the start Keyhole3 we have been massively oversold for a while now. Meanwhile AUM is about to double...
That is quite a rebound....