Member Info for raaydaar

Next news is the major catalyst for the company which will be the investment by the RCF counterparty. We know that they were looking to provide a facility of $100 million, therefore it is reasonable to assume that that will be the amount they are looking to invest. They have been provided with 100 policies sourced by Alpha which they have been reviewing for their investment case. If they end up investing the full $100 million then I thinnk that this should add between 3p and 5p to the current SP. What is likely to be more exciting is that we expect to be informed of the identity of the counterparty, now theres been a great deal of speculation as to who this counterparty is but I suspect that it will be a BIG name, this name alone could also add an additional 2p to the SP. So if its a big name (and we all believe it is) and they invest the full $100 million, then we are looking at an increase of SP between 5p and 7p. Additionally the company is focussing on its build and buy strategy, I believe that this strategy is to build AUM and buy other asset opportunities such as the recent insurance company. Theres potential short term (by end of Q4) for the company to have near to $1 billion in AUM plus whatever other assets they manage to get hold of. An AUM figure of $1billion would make us a company with a mcap in excess of $200 million, on a fully diluted (all warrants exercised) thats circa 32p per share.

Some people have absolutely no idea and really shouldn't be getting involved in the stock markets. I always told my kids that there's no such thing as a stupid question. That is a true statement however there are stupid people, the most basic of research into the company shows what utter tripe some people spout. Another ridiculous deramping attempt now added to the filter bin

Will it be the day that the RCF RNS is finally released. If not then it has to be this week. The anticipation is rather exciting, I'm looking forward to hearing just how much, hopefully the full $100 million, they're investing but for me more importantly it's about who they are. There's been many names suggested since this was first announced and I've got a feeling its gonna be a big name which will put the company in the limelight as far as institutional investors go and could well see us quickly break the 1/2 billion AUM barrier very quickly after which it's pretty much a snowball to 1 billion plus. What that does for the mcap I dont know but GS has stated peers have a p/e of 29 without the bonus of our newly acquired insurance company and all that brings. Quite frankly this is a terrifyingly exciting share to be kn right now. I've ridden the worlds fastest rollercoaster and it scared the bejesus out of me. This rollercoaster excites the bejesus out of me. If carlsberg did investment opportunities.........

Threshold for a TR1 is 3% and again for each additional 1% above that

A simple "we will update shareholders when the counterparty has completed their review of the policies" would have sufficed. At the end of the day the update arrives when it arrives and then we can all watch the increase in SP and be thankful we weren't naive enough to sell based on a GS timeline

It's both dilution and a sale of just over 4 million of their holding

Actually scirroco selling down

Taken 100k this morning in 2 tranches the 30k at 10:24 and 70k just before that which I'm guessing will be delayed

Should be interesting. Hopefully news in the morning that the RCF counterparty has approved the policies then it's all down to how much they're investing. If it's the full $100 million then it should work wonders and propel the SP into double figures. What's more interesting from my perspective is the identity of the counterparty, if, as I suspect it's a major name in the insurance business then that will also add to the SP, possibly another 1 or 2p and it will also get us on the radar of other major names who could well be looking at alternative investment strategies. Have to say I'm rather excited at the prospect of a double figures SP after being invested here pretty much since the beginning having held through all the ups and downs. Been an interesting journey thus far with an unexpected change of direction but finally on the right path and so very much more to come after this week.

That is all I have to say

Additionally I would also expect there to be a deadline for the review to be completed in order for the policies to be purchased from the policy holder.

I would like to think that GS has learned his lesson wrt timelines and expectations. Hes been told enough times by major shareholders, no doubt yourself included: do not give a specific timescale when "the company looks forward to updating shareholders when this review is complete" will be more than satisfactory. I'm expecting the news by the end of next week. Would love it to be released Monday morning so the market has a full trading week to take it in and place a value on it.
Giles I believe you mentioned you think 10p is a potential fair value for the SP, depending on how much the counterparty invest, which is still a significant rise from where we are now. I personally believe fair value as we are now to be 7.5 to 8.5p and then depending on the investment amount 8.5p to 11.5p

That was me. He added more yesterday, Tuesday and last week. Im deffo in the good books

You can get them via these trading apps. Personally would never ever touch them way too risky for me

It's mainly for people that hold a position via a CFD. Each CFD has an expiry date at the end of which the position closes and you are allocated profits or losses are deducted from the account. The rollover process is basically the closing of the old position by selling the holding whilst immediately opening a new position the holder then has to pay the difference in order to keep the position open.

No I think it's a rollover. No way would anyone have gotten that price for such a large amount of shares

It doesnt make sense for the RCF provider to invest directly I to the fund. As I see it the logical approach for their investment would be a SMA which would then be more profitable for the company

Gobind very confident about the future and great to hear what Michael Malloy brings to the table for future growth

https://www.proactiveinvestors.co.uk/companies/amp/news/946329?__twitter_impression=true

Think the next few weeks will be pivotal in the Alpha story, it's looking likely that the RCF party is looking to invest the full $100 million and I would expect this to be an SMA rather than directly into the fund, I'm also expecting the identity of the RCF provider to be revealed. Theres been lots of speculation but if it is a big name then that also adds to the story and could well propel the SP into double figures on it's own. I'm truly excited to be invested here at what is the new beginning for ALGW, just wish I could buy significantly more but what I hold will make me a very happy me. Lloydie you talk of 2 years I'm thinking much sooner than that

I would turn down a 10p offer on any day. Company direction has changed significantlynsjnce DS original target of $100 million. Company is potentially worth significantly more (I'm talking multiples even fully diluted) than that