Member Info for Oiliest

Good news everybody! I got a double yolk today. Coupled with Fekir's prophetic dream I think it's safe to say that our fortunes will be changing very soon!

How short-sighted do you have to be to sell now?

When Brexit is in the rear-view mirror undervalued stocks like this will be surging hard!

https://bit.ly/2NM9eyo

Rajiv Rabello on Vox Podcast!

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Nice one Justin!

I wish I had more to invest. My housemate owes me two months rent. Probably by the time I get it we'll be at 7p or something... i should charge him 350% interest!

Very healthy buying pressure. Few more days like this and FOMO will kick in.

Wake up people, it's the next big thing. Load up your sub-2p shares and have a super-smug feeling for the rest of the year!

This month is go go go!

>"We will also be announcing in the coming days further additionS"

Watch this space for another industry-savvy director, or perhaps PR/IR?

Legal specialist "...predominantly within the insurance backed assets industry." He spent 12 years with Peachtree so has UK & European experience already.

>"I know the team well and believe they are on the verge of establishing the Alpha Group into a major player in the industry"

...let's hope he likes owning shares in ALGW as much as we all do! Put your money where your mouth is Jason... and you, Danny-boy!

My bet is that he/she is a medical expert.

>"all resolutions proposed at its Annual General Meeting held earlier today were duly passed"

Anybody in attendance care to fill the rest of us in?

>"This mandate contemplates a nine-figure sum to be allocated for life settlements."

Alone this has the potential to put ALGW into profit.

I think we'd all like to see Swick with more skin in the game. I'd be very surprised if he doesn't load up on a few million shares before too long.

From the prospectus:

>"The Company is able to call upon the services of various third parties in providing analysis of SLS portfolios and
acquisition opportunities."

>"Independent actuarial services are provided by Actuarial Risk Management, Ltd. (ARM)... experienced in evaluating life insurance mortality, forecasting mortality trends and pricing insurance company products which underpin SLS contracts."

Some of you are missing the point of this Acquisition. Now ALGW have an In-house Actuary whose interests are aligned with the company and the shareholders. This is fantastic news because many of the enquiries that would otherwise have been outsourced to ARM, can now be handled in-house by our very own Rajiv Rebello.

I wouldn't be surprised if ALGW go on to headhunt a medical expert to join the team who is "...aware of developments in healthcare that will have immediate impact on the longevity of the insured and hence an impact on the value of the policies."

Considering Alpha Growth's niche is to provide specialist consultancy to institutions who lack relevant expertise in SLS, it is good business sense to "fill the gaps" within their own ranks.

This is nice setup for the JV launch... on Monday perhaps?

ALGW really is becoming a house of expertise.

This is like that movie... The Seven Samurai

Time for the wayward PIs to come back to ALGW.

SLIM launch is either tomorrow or Monday.

Corwin Zass, Actuarial Risk Management, Ltd

https://www.financierworldwide.com/outlook-for-life-settlements-in-2019

>"The investment team must recognise that the quality of people involved easily trumps the quantity of people. In order to minimise your loss exposure and increase your return potential, you must have the right skillsets, either internally or via advisers. Those that surround themselves with smarter people with specific expertise tend to be those rewarded more times than not."

I suppose it pays to have consultants... Does anybody know where to find a team of highly-specialised SLS consultants? :)

"The Trump administration's recent changes to the tax code have boosted deal flow in the life settlements space because high net worth individuals may no longer need to have life insurance in excess anymore for estate planning. It's also become more acceptable and isn't viewed as being predatory. The capital that is paid to people who sell their policies is going toward housing and medical care, and investors are providing a solution that addresses their needs."

The Good guys :)

Great read. Big finance guy really digs SLS:

https://pitchbook.com/news/articles/qa-why-life-insurance-and-lawsuits-might-be-the-next-big-things-for-pe

>Q&A with Peter Martenson, partner and head of global distribution at Eaton Partners, one of the oldest placement agents in the market.

On Life Settlements:

>"As with any new ecosystem, the first movers tend to prove out their initial theses around a new asset class or a new instrument, which brings new investors in and creates momentum."

>"When more capital is appropriately applied to a space, there's usually a virtuous cycle that creates more investment opportunity. We saw that in the buyout market, where the size of the pie grew bigger as the industry matured."

What's with the low sentiment? Who is in a hurry? Thinking of selling already, while this company is just in it's infancy? At the end of last year people here were going on about a January SLIM launch even though we were told Q1. Some people were getting impatient even then.

Not surprised the board aren't replying to a few PIs when they've announced an investor event and AGM. There will be time to have questions answered in person in just a few days.

The board need to focus on pursuing consultancy mandates and delivering results on the JV. They don't have IR and PR so a barrage of demands from PIs will only encumber them.

Reminder that the directors have almost 20,000,000 share between them, @2p it's almost £400,000. That's not nothing you know.

SP will follow as this highly-specialised company grows into a profitable business.

If I was waiting in the margins, right now would seem a great time to buy.