Member Info for bamb

sub 2p too good to refuse :) DS said 100mn mc within 2 years i think....won't take much once they start creating these 50mm pots

I expected a big buy to drop in at some point. Was able to get sell quote for 1.5mn all morning at 1.7 so mm's obviously filling an order. I agree with the anxiety levels at moment but everything the bod have promised is going to be delivered. The JV with SLIM is happening but Q1 goes until end of March so no point getting distressed in mid Jan. Yes the PR situation is shambolic and yes the website needs updating. but need to sit tight.

Ignore the background noise. Nothing has changed. If it had they would have to communicate it. On the plus side I can sell 1mn for 1.66 so plenty of demand., Probably BMD filling his boots ??

put it another way they told me that if anything had changed in their business, good or bad, they would have to communicate that. Nothing has changed. The contracts will still happen

a lot of problems out of their control and as i have been told many times, getting deals in this sector is bloody hard work. But who cares...once they finally secure these two long term deals we will definitely be leaving AIM behind.

Yep...getting a good team together now. :)

that's exactly what i did do. the company have told me that refuse to make any comment to such postings as it will simply set a precedent to do it everytime some idiot with a personal agenda attempt to slander a company or person. News will come when it's time :) BMD obviously has a few chips on his shoulders. Just unfortunate he has decided on ALGW. Just got to sit and wait for real news flow but certainly taking advantage of under 2p

Has he? Not what I have heard. Sniffs of strong news flow so close them shorts

https://www.magnalifesettlements.com/wp-content/uploads/2018/10/Magna_2018IndustryReport.pdf

The life settlement industry has surpassed the expectations of those who
have attempted to forecast it. The 2016 Conning report predicted 1-2% growth per annum. Instead, the market has experienced an average growth rate of 34% over the past few years. Forecasting predicted that
the average annual volume of settlements would be $1.8 billion, whereas just last year the settlement volume was pegged at $2.83 billion and is expected to be $3.4 billion this year. Undoubtedly, the life settlement
industry is advancing rapidly on all fronts, and there is every reason to believe it has a bright future ahead.

This was the text from the 1st interview: Things will really kick off when they launch the fund in Q1 probably in early January. Seed capital of the fund is 10-15 m but when the fund launches could really shoot up to 100m plus. The equivalent funds out there range in the 1 billion mark so starting at 100 should be quite feasible. Management fees on 100m fund at 2 % is 2 million a year ignoring any profit bonus say 50% to Alpha is 1 million a year . If the fund goes eventually to 1 billion your looking at 10 m a year based on one fund.

moving up nicely :) news could drop anytime

nice delayed buy when they dropped it earlier :)

Ok. In that case i would be curious why you think so? There reasons please why not to make lots of money here? Lol

Funny how sentiment can change so quickly. ALGW not some dodgy AIM company. Expect steady rise in new year before launch. Reckon not many days left now at this level.

Couldn't agree more.

FYR were never going to be great and glad they got them out in 2018. Looking forward to Q1 2019

Who cares. It is all about launch in Q1. Now is the time too increase holding here.

added today - unable to hear it yet

interview with GS on vox

go to **********