Member Info for cszjrh01

Completely agree.

- Operationally derisks us by reducing the dependency upon the board members to 'run the bank'

- Potentially adds a lot of extra horse power to organic growth

- Presumably will accelerate future acquisition integrations

Whilst the regulatory approval will take until Q3 I wouldn't be surprised if the teams have already been working closely together for some time now. 'I liked the product so much I bought the company'

Now we just need the next acquisition or two to be for large slices of AUM and we'll really be at the races.

“The current valuation, below NAV/cash, does not reflect the progress made; the shares are due for reappraisal and rerating this year.”

Https://wp-allenby-2020.s3.eu-west-2.amazonaws.com/media/2024/05/20240515-Alpha-Growth-plc-ALGW.L-Allenby-Capital-Finals.pdf?c4157=on

Not sure I understand. BOAGFs filing last year shows $34m invested and this years is showing $35m?

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....

Audited Full Year results due to be published tomorrow so we'll find out.

Also suspect they'll be an updated Broker Note from Allenby to give us more context/general updates.

It was certainly asked a while ago and an update around the strategy for the fund was going to be forthcoming along with an update about the AUM injection. We then haven't received either so definitely worth querying with IR I'd say.

“Performance since Inception -14.58 %

Nothing to tell Aunt Vera about. Sorry Vera.”

Of course you know that relates to the period before Alpha took over fund management? Right?

On a slightly more helpful note, here is the current AAACX figures: https://markets.businessinsider.com/funds/alpha-alternative-assets-fund-us00216g1040

2024 Full Year Accounts due back from the audits and to be published by the end of April.

Still got all of mine.

Spoke to the board late last year. Happy to continue to hold.

$18.786M now invested in the interval fund AAACX so they're doing something right:

https://markets.businessinsider.com/funds/alpha-alternative-assets-fund-us00216g1040

Not quite sure what your post means but as we all know a few million shares bought and this is back above 2p.

Shares bought at this level will be well rewarded is my expectation.

Not sure what they’re referring to. I’m not expecting the FY 2023 final results to be until the end of April.

Yeah I've had that debate with him a couple of times now. Broadly their view is that the broker note contains all the information we'd get in an operational update with the broker having extra scope to include forward looking estimates etc. that the company isn't allowed to issue themselves.

Don't get me wrong I like the broker notes and there's loads of really important information in them but I'd rather we had both.

Only “word salad” if you don’t understand the business or insurance company valuation.

Who knows. Someone running out of patience, a trader wanting cash to chase the HE1.L rise. Could be anything.

Broker Notes are being used as the mains comms mechanism for shareholders and the latest one was in November so not that long ago. All are held here in case anyone hasn't seen them: https://www.allenbycapital.com/client/alpha-growth-plc/

Next two updates I'm expecting are the completion of due diligence on the latest acquisition target combined with details on the scale of the target then an update on the large inflow of funds into the Interval Fund which now seems to be up to almost $20m. https://markets.businessinsider.com/funds/alpha-alternative-assets-fund-us00216g1040

Definitely agree that patience is required here, hopefully without the tears :)

Doubt there’s any news. Just someone selling into the recent rises and I notice the late printed 467K buy. I suspect the shares sold today will have already found a new home.

Yeah LSE pretty broken today.

275K total volume. Mostly all buys. Wide spread though which is probably slowing things down.