Member Info for Nero8978

✅ UK £500m fund for Ai Launching 16 April

https://www.sovereignai.gov.uk/

2027/2028 are the years GST takes off after all the fun of 2025/2026!

Ronjon will drop something monumental and we’ll see a surge here, I’m sure of it.

For reference, a Ballpark valuation of Aldermore is roughly £1.2–£1.6 billion. Getting even a tiny snippet of their market share will see Albaco worth multi millions.

I’m surprised there isn’t more hype here yet!

Https://www.bitget.com/amp/news/detail/12560605344323

"...competition from challenger banks and FinTechs like AlbaCo could pressure Aldermore’s asset quality and returns, making it best suited as a tactical holding within financials."

I can’t take Kat weriously.

Fingers crossed RonJon surprises us all very soon. I can’t imagine he would put his reputation on the line without a plan to make CapAI great 👍

Let’s hope that if they do consolidate they do it just before the bank is launched, and then they announce the launch immediately after. Because that would set the sp off in the right direction (unlike CAPAI where the share price is plummeting after consolidation and no news).

Very hopeful for CHP

The BOD ought to look at pivoting to T-Rex handbags... BSFA is going mad.

...Jurassic Park, it could happen!

Happy Easter Folks thankyou Jesus lord have mercy Amen to that.

Good info Chaebol

Anyone remember that Monty Python skit? "Hello, I came here for an argument." - "No you didn't" - "Yes, I did"

It depends on who you ask. If you ask an open shorter or his lap dogs then they'll say the end is nigh.

In reality I don't think anyone truly knows. It's definitely a high risk <> high reward stock. Lets hope it's the latter!

Hey is the thread for special people only, or can anyone join!?

You should offer your services

What news are you expecting Joe?

The Prudential Regulation Authority (PRA) typically works in parallel with the Financial Conduct Authority (FCA) rather than sequentially. For dual-regulated firms, both regulators often work towards the same statutory deadlines, meaning PRA approval does not generally wait until "after" FCA approval, but rather happens CONCURRENTLY.

For new bank and insurer authorisations, the PRA and FCA have a joint statutory deadline of six months to assess an application once it is deemed complete.

AlbaCo received conditional approval from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to be authorized as a UK deposit-taker (bank) August 27, 2025. The 2025 approval followed a five-year preparation period!

2nd March RNS: ""The signing of the £25 million regulatory capital subscription agreement marks a significant step towards AlbaCo receiving full authorisation. "

It's coming folks! Strap in

AMGO (who Big Jim basically resurrected from the dead recently) went from 0.15p Sept 25, to 3.00+ earlier this month and now sitting cushty at around 2.5-3p

I'm sure that the catalyst here i.e. AlbaCo will create the same dramatic surge, if not more so! New banks do not come around often. This is almost a decade in the making, Big Jim has Big Plans and big ball5 and big named investors (e.g. David Coulthard etc). Money Money Money.

There were some big purchases a week or two ago. People are loading up, now just waiting on the PRA catalyst to instantly smash us up to the 0.12p - 0.20p+ range (IMHO). GLA !!

And I think it might be a temu one

Nothing of note, but someone got an AI bot for christmas!

🤖 compute compute compute