Member Info for raaydaar

Hence why I cant understand the market reaction. I can only assume the traders and fence sitters are awaiting the RCF news, which I believe will come not long after the prospectus is issued. Perfect buying opportunity right now to get in for the inevitable rise towards double figures when the news comes

Peter clearly brings a lot to the company and I've no doubt that his reputation and contacts will secure significant future investment for ALGW. Eaton are specialists in introducing HNWI and securing investment for companies, over the last 10 years they've secured around $50 Billion of investments for around 930 companies.
Read the update RNS again over the weekend and I cant believe that the market hasnt reacted positively to the information that's in there. We are working with some of the most well known and respected companies on the planet: J P Morgan, Goldman Sachs, Coutts etc. I did particularly like the fact that GS put an "etc" in there after the list, obviously too many to list.
Company is moving forward quickly and I expect some rapid growth once the small matter of the prospectus is completed. I have a gut feeling that the prospectus will be sorted this week and after that we can expect news flow on a regular basis as Peter and Eaton do their jobs and the big name fund managers start to invest.
Wont take much to get us to over $1 Billion AUM, what will that do for the SP?

Nobody likes to see the value of their investments fall by over 50% in a matter of a few short months, some are nursing a large 6 figure reduction in the value, Mark Ward has seen his investment drop by 7 figures. Thankfully the majority will still be in profit or sitting on a small (ish) paper loss. Nothing has changed here, the acquisition has added significantly to the AUM since it was completed, the fund has increased AUM, the RCF counterparty will be investing in the form of an SMA (how much we dont know but could well be the $100 million), the RCF itself is likely to also go ahead as per the update. A number of negotiations are ongoing and much much more has happened since the previous update. The company is in a much better place than it was at the start of the year and clearly a great deal of progress has been made.
This drop is simply because some people dont have the patience needed to be investors. They dont see the bigger picture and are too focussed on certain aspects (mainly the delayed rcf). Take a step back look at all the information that's available, look at where we are now compared to 12 months ago, and look at where we will likely be in 12 months time then ask yourself if it's worth holding on to your investment here. Once you've done that then you have 3 options:
1. Buy More
2. Hold
3. Sell some or all of your holdings
Only you can make that decision but don't based on knowledge and fact rather than an emotional response to a drop in SP (also consider theres been no real volume) or an emotional response to seeing a large reduction in value.
As Giles said earlier theres a very small number of people that hold a rather significant percentage of the company who see the bigger picture and will continue to hold.
I'm more than comfortable with my investment here. I believe that Gobind and the team will deliver on their vision for the company and those of us holding from current levels when the company is bought out will look back and be glad we invested at the start. Opportunities like this are few and far between, I can think of no more than 3 others currently on AIM or the main market where early investment should reap large rewards over the longer term.

Yes RCF is mentioned

This is a fantastic update. The company is attracting significant interest from major players in the investment field.
From a build perspective, we continue to leverage PLAC's existing relationships with fund managers in the alternatives, fixed income, and equities space. We are very pleased to be working with fund managers from prestigious companies such as JP Morgan, Goldman Sachs, Coutts, Golub Capital.
These are massive names that want a piece of what ALPHA has to offer

Is what is needed here, if its viable and the zim gov stump up the cash then GR needs to get RHA on line and generating cash which can then be used on Zulu. I'd like to see a an RHA update sooner rather than later

I would like to think so. Prospectus due imminently once published that paves the way forward for the RCF counterparty to conclude their investment. Be interesting to see the quarterly update as well when it arrives, expect the new guy will have wanted to make a good impression and get some decent additional AUM into the pot.

Would dearly love to know Daisy, I cant add any more here now without issuing another TR1 so now I reveal my identity to the world not that it's been a well kept secret

That's why they're reliable Jenny, seems that just before the £40k buyer started someone else started buying as well so perhaps whatever information my source found out someone else has gotten hold of too. My source wouldnt commit to anything other than knowledge of the £40k buyer but intimated news wasnt too far away, so guessing sometime between monday and wednesday next week.

Hearing from a reliable source that someone has just taken £40k worth over a couple of trades. Expect to see a couple of large delayed buys later.

Gobind told me there would be a regular trading update in July and I've no reason to doubt him

There will be a trading update this month, however I expect prospectus and RCF news prior to this

Speculation Daisy based on known information I have made what i consider to be a reasonable guess as to what exactly is going on.
Mamboman you may as well put your money somewhere else if you're waiting for 2p here it wont drop back to that level again.

Don't recall anyone saying this is a 25p company as it currently stands, at some point in the future most definitely could be, possibly more. Currently being held back due to delays in issuing news. The prospectus should imho be published soon confirming the purchase of Northstar. After that I'm sure it wont be too long before we see the RCF counterparty investment completed which could be as much as $100 million. After that I expect to see the quarterly update which I hope will show a decent sized increase in the AUM. The algw team are probably all as frustrated as we are at the delays in getting news released but these things are pretty much all out of their control. The FCA will approve the prospectus when they're ready, I've a feeling the RCF counterparty are awaiting that to be completed as part of the due diligence process before they go ahead with their investment. Time to be buying is now, ahead of the news releases

At the 7p sellers and how they laughed at the 6p and 5p sellers, the funding is secured, hold for gold, buy the dips this is only going up, it will bounce back, we all know it's coming just a slight delay nothing to worry about. Always have a strategy never leave yourself exposed to potential events such as has happened here and above all never listen to the eternal rampers they're either ridiculously optimistic or just deluded amateurs who dont know any better.
Seems I was right to sell when I did, (around 6p) wasnt left holding the baby on this one. Hope it does come back as I personally know a number of people who got caught up in the furore and I wouldnt want them to lose money. Rest assured if (when) it comes back it will be a mass exit event so fastest finger first. GLA

Yes it's nothing new the question you need to ask is why remind the market about Alpha right now? If it was damage limitation that needed to be done a couple of days ago. I think news is very very close and Alpha will fly

I guess the troll has crawled back under his bridge or hopefully banned for his disgusting behaviour. Anyone that sold yesterday on the back of believing the troll can still get back in at these prices. Fair value for the company as it stands seems to be around 7p as that's where we sat for quite some time even after the failure to deliver the RCF update by the end of April and that suggests to me that everyone was pretty happy to be waiting and holding at 7p. Therefore that for me is what the market should be valuing the company at. I cant imagine things taking too much longer now. The upside even without the news is fair value 7p or 75% , with news its 10p or 150% plus, seems like a no brainer to me.

No chance of a placing. GS has the option of asking warrant holders for the best part of £4 million of he needs it. Of that £4 million the company major shareholder has £1.5 million of warrants and I'm sure he would exercise those at GS request for the right reason. Todays drop was nothing more than a distressed seller who needed the money for whatever reason. You certainly dont dump 15.6 million shares on the market at 3.8p when you could have sold them for nearly double that a month ago unless you need the cash quickly. They're likely done now and the bounce tomorrow will be a decent one. I'm a buyer at 8am and will sell elsewhere tomorrow to buy more for the bounce back above 5p if no news. If GS releases news then it's back up to 7p plus. Risk reward at these levels is a no brainer

I've seen distressed sellers in plenty of shares I've held. You wouldnt sell close to 15.6 million shares in such an amateurish way because you lost patience or were "informed" (ALGW keep a tight ship so that's highly unlikely). One notable company was DEV, TR1 holder ended up selling out his entire position around 3p although it was done in a much better way than our seller today. Whoever it was needed the cash quickly for whatever reason. They're gone now and unlikely to be back so now we can all move on.

These are 2 separate entities:
Alpha acquired Northstar group and its wholly owned subsidiary Providence Life Assurance company.

Details on Northstar group (directors, address etc) can be found here:
https://offshoreleaks.icij.org/nodes/82005114

Details on Northstar financial services and its winding up can be found here:
https://www.stocklaw.com/securities-fraud-blog/2021/may/a-truly-international-operation-northstar-financ/

Anyone with an internet connection and some elementary google search skills can clearly see that the 2 entities are completely different. The latter most certainly isnt connected to the former or ALGW.
A further search on Providence life Assurance will show the company accounts and all the information you need to know about that aspect of the acquisition.

Anyone who has sold because of this misinformation really should realise that individuals have an agenda, one particular individual here certainly has an agenda dont you Mike?
Always a good idea to do some research before you believe what you read on the internet, especially if it has the potential to cost you a lot of money