The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Spread is awful a 1.6-1.9p but online is 1.755-1.82p so actually looks strong.
Bought in this morning
Some nice steady buying can we be back into the 2.25/2.35 range this afternoon
Well, there’s £10K worth at 1.817.
Interesting that this opened up & sells are being absorbed, I presume a decent buy order has been placed.
Maybe it will be printed after close.
Strang indidivual.
I note you've been trying to cross-ramp ALGW on the Superdry and Petrofac boards, perhaps you could explain the relevance of ALGW to these two companies?
Crawshaw I was wondering what happened to you, was you at the clinic this Morning, hope all went well.
Mozax, are you telling me it's not going straight to 5p like scmdcyp suggests? Who would have thought it!
Like most looking to add further to their positions, they’re holding off whilst the recent traders have boarded.
They’ll gradually get bored and move on, which we are witnessing currently, and the price will gradually be eroded.
Then a slow & steady rise can take place, without big spikes, which only interests, and attracts, the flippers.
Once we get past 2.50p we should start ticking up into the 5p range first.
Then onto your 10p price.
Looking forward to the retrace some interesting buys in the last few days.
We was at 2.25 yesterday could see that again this afternoon.
More news to come shortly as per.
Looking good thank you.
Only a handful of buys & no volume to create any significant movement.
You’ll be moving on soon one would assume, looking at your posting history.
Just pointless ramps everywhere.
Nice to see buys coming through.
Nice afternoon spike.
Yes, this has been a frustrating experience but it feels like the pieces are all finally starting to come together.
Let this frothy phase pass & settle into a solid building phase.
I’m sure your extreme patience will reward you soon.
Someone wake up up once all the pump and dumpers have got bored and moved on.
And I say that as a TR1 holder that's been in this share for 4+ years now....
Once we move and get some good interest we will move very fast.
We got to 2.35 yesterday morning this will test this again soon then will pass that easily.
As the report suggests, ALGW are intending to have $2 Billion of assets under management by 2025.
So, they ‘continue to actively evaluate & pursue a number of acquisition opportunities’ and the board looks forward to updating shareholders in due course.
In this case I think we’ll have an announcement fairly soon on the next acquisition, they’ve only given themselves 8 months to announce the remaining circa $1.4Billion, so they must be pretty confident to make that statement.
The fact they’ve stated they are now debt free & have significant cash of the equivalent to our MCap suggests the market will probably react well to each announcement increasing AUM.
I think it’s a good strategy to outline a near term strategy, clear debt, announce significant cash reserves, employ further specialists & then simply build towards their target.
Great update just needs to get out on the Market.
We should see a nice rerate then.
The Directors firmly believe there exists a notable disparity between our
current market capitalization and the genuine value of the company and its assets. They are
confident that our value creation strategy will start to reflect in the share price as we continue to
achieve our stated goals. Additionally, they anticipate a resurgence in investor interest in smaller
companies, further bolstering our position and providing significant shareholder returns.
Great entry price, Looks undervalued and very few shares available.
We hit 2.25/2.30 yesterday, maybe we will see 2.50 today.
Will we test 2p again today
Release of 2023 Annual Report
Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading financial services specialist in the growing longevity asset class and insurance linked asset management business, is pleased to announce the release of its Annual Report & Financial Statements for the twelve months ended 31 December 2023 (the '2023 Annual Report'). The 2023 Annual Report is available at www.algwplc.com.
As at 31 December 2023, the Group had significant cash reserves of c.£7.42 million (excluding amounts held within life policies).
Total comprehensive (loss)/income (1,345,819) for the year
They lost money in 2023 and cash was down from 2022
Explains it all, telegram group P&D