Member Info for BobbyAxlerod

Would be nice if it does, seems to have traded at this level for a long time

Hello,

I’ve not been following Alpha anywhere near as long as most of you guys and will have missed some of the background. However, there I’ve been watching the growth in negative posts over the past couple of weeks or so with interest - even following what appears to be a knockout RNS there is negativity about the AGM being in March “as they don’t like to meet shareholders”.

I’m not sure how many AGM’s you guys have been to in the past 12 months, I’ve attended precisely zero as they’ve all been cancelled due to Covid...

So... the general (and genuine) question is...

What would you do differently? How could Alpha improve? What communication would you like? Is it Alpha who are dropping the ball, or do we have unrealistic expectations? Etc

I’m not attacking anyone and interested in the views of you guys who know the company much better than I do.

To me it looks like they’ve made significant progress over the last 12 months.

Thanks,

Bob

5 kids? Is he mad :) None of my mates have anymore than 2 and that sounds difficult enough.

Yeah, I agree - it’s looking like it’s going to be a good earner. Just wish I had as many shares as you :)

Thanks Giles.

If you hadn’t been buying the house would you have bought into the placing?

Cool, I thought I'd read it all wrong!

Also, someone wrote below that the insurance company was loss making... However the RNS states " Following the completion of the acquisition, it is expected that Alpha Growth will be EBITDA positive."

Which means the Insurance Company isn't loss making and actually makes a decent profit - Do people not bother reading the RNS's and instead just make **** up? Very odd.

I'll write more once I've digested the announcement some more, however, I think we're being a bit hard on Gobind and his team. They've obviously been working hard in the background to complete this deal, no doubt looking at many other options to ensure they found the right one... that must be difficult for a small team. I've done a few acquisitions in my time and it's a big undertaken, no matter what size they are. Most fall through so I wouldnt be too surprised if they had been through the process several times.

I think the comms are improving, as is the look and feel of the company - still lots to do, especially considering they will soon be a sizeable fund. More PR is definitely needed however we probably need to appreciate they are a subscale team and they need to spend their time running the business and not talking to plebs like us.

To me it feels like they are at an inflection point and I'm much more positive about Alpha than I ever have been.

Exciting times ahead!

Giles - Gobind talks about his approach with the RCF in the RNS, it's going to involve direct investment by the fund manager which means AUM will increase as part of that.

"As previously announced, the Company's discussion with the Warehouse Loan/Short Term Credit Facility counterparty are almost concluded and an update will be provided during Q1. To simplify the in-person due diligence requirements, this process now includes direct asset investments by the asset manager. The Company is in the process of reviewing opportunities for these direct asset purchases which will further contribute to our assets under management and fee revenue."

jgj - How can they exercise warrants at 2p when the price is 3p?

Even if the price is 3p and you have a million of them... you'd end up paying Alpha 1 million times 3p to get the shares... if you then sold the shares for 3p you wouldn't make a profit.. the shareprice would need to be north of 3p for the warrants to have any value surely? Genuine question to ensure I understand it properly.

Thanks,

Bob

Wouldn’t like to be out of this over the weekend..

Great to see Revs building for the future again with confidence.

Hopefully another few weeks and we’ll be above 30 again.

https://www.linkedin.com/posts/revolutionbarsgroup_hospitality-careers-career-activity-6762306930745610240-i5Wa

Welcome!

I’ve been in for a while and was lucky enough to average down significantly when the sp dived, now sitting on a tidy paper profit and think that we’ll start to see a steady march upwards.

If Az deliberately got the shares suspended then he should be struck off as a director, I think it was more incompetence than strategic.

Last chance to buy at 2p...

Hear what?

It would be highly unusual for a fund to increase in a linear fashion like that, especially in the early stages. I expect them to increase slightly and then hopefully we see another bump in q1.

That’s how bad it is ... even living people are turning in their graves.. :)

Maybe Raydaar is Mr Ward :)

Nightcap is setup to do deals - it’s a buy and build vehicle. The board isn’t setup to run 10 bars, it’s setup for a rapid expansion drive - they have a very capable board who are very focussed on scaling and on pursuing opportunities - these opportunities could be distressed operators, or it could be location opportunities.

It’s not an investment without risk and Covid presents both risks and opportunities - you either buy into the management chain and the post Covid opportunities or not.

Personally I think it’s a strong investment, it’s probably tradeable for a quick profit however I believe the real upside is going to be over a 36 month period.

Boom!

I wouldn’t like to be out of this over the weekend..

Are all the pubs this quiet?

Hereford - Of course it’s in the investor relation section, it’s for investors.

The annual report was pretty standard, as you would expect there was nothing surprising in there.

We’ve had updates since their financial period has ended, this report covered their financial year and is inline with what is required.

Anyone expecting a big announcement as part of this will be disappointed, however, that’s not what annual reports are for.

I hope you all have a great evening tonight, albeit I’m sure will be a quieter one than usual.

It’s been interesting reading everyone’s views over the past year, haven’t always agreed with every thing that’s been written but always good to see people’s viewpoints.

Giles - I hope you’re somewhere hot reading this!

Here’s hoping 2021 is the year which Alpha makes us all millions!

Bob

The board have taken substantial pay cuts throughout the year, they’ve also done a good job of surviving in the most extreme circumstances.

Personally, I want the board to have as much skin in the game as possible to ensure they are motivated to increase the SP dramatically. If we think it’s £100k that Pitcher will get then he’ll walk away with half that after tax - it’s not much in the grand scheme of things. However if they increase the sp by a multiple then it starts to become attractive.

Also, we need to remember that the board can only recommend a takeover offer - its us as shareholders that need to approve it. Not sure what level of shareholder approval it would need but expect it to be either 50% or 75%. Could be wrong.