Member Info for raaydaar

Great to see one of the major shareholders increase his holdings to over 4% of the company. Shows massive confidence in the team and belief in their ability to deliver.

I've had Daisy on filter for some time but removed the filter after reading Martinigirls comment. Daisy I'm appalled at your suggestion that a woman who has achieved a senior rank within the Royal Navy should be polishing shoes. Absolutely disgraceful, you should be ashamed of yourself, any credibility you had here is gone. You are an absolute disgrace

Some very good buying action today. All of those sells from yesterday taken at a bargain price. Seller will likely be eating regretti spaghetti very soon. Believe that GS is in the UK atm, wonder why that could be? Given we are o the chap of completion of the Guernsey acquisition. Looking forward to finding out who will be coming into the ALGW fold and providing us with the additional $350 million AUM. Plenty more going on as we k know with quotes out for an additional $200 million and DD at various stages for further acquisitions. Think we could well see that $2 billion target reached before the end of 2023, well ahead of the 2025 target.

July does tend to be a month for news with ALGW, they do have a tendency to release around my birthday on he 20th

"Alpha's fee structure" Alpha being the primary partner and getting the 60%. The fund is ALGWs, SLIM are the junior partner. Linguistically and sematically it reads exactly that way

Market probably doesnt like the fact George has openly stated he is going shopping again, instead of concentrating on what the company already has

Thanks for sharing your view @martinigirl, a nice balanced post, I think you have pretty much nailed the timelines. My personal target is a bit higher than yours (I'm waiting for the buyout) but we will all be sitting fat rich and happy if your numbers are anywhere near right. Whatever the numbers are, the upside from here is massive. I

Mow we know why it was being held back all day. Somebody certainly took advantage and got a great price. Next week going to be very interesting. Have a read of the Q&A it's all there in black and white. Company reckon they're the best kept secret on LSE, who am I to disagree.

Some of the Q&A from the AGM. Nice to see they're quoting for an additional $200 million in AUM and looking at various other acquisitions. $1 billion plus AUM could well be sooner than expected

https://www.linkedin.com/posts/alpha-growth-plc_alpha-growth-plc-qa-from-june-20th-agm-activity-6946011289349447680-xDbE?utm_source=linkedin_share&utm_medium=android_app

MMs got caught off guard yesterday and were really struggling. I dont think they have too much stock available. I know that when the bid was 2p yesterday someone was quoted 3.3p to buy a million. We all know how quickly this moves given that the vast majority of the shares are held by a small number of people who are committed to the long term returns that will be generated.

Great to see some interest and momentum building again today. Soon to have $700 million in AUM all generating nice sticky revenue. The BOAGF won another Barclayhedge Top 10 performing funds award in March this year, I think that is about the 8th or 9th award the fund has received since it opened. So much going on makes ALGW a very exciting investment, company has set themselves a nice target of $2 billion AUM by 2025, if they carry on as they have been then I think that target will be a achieved much earlier. I'm expecting to see a figure close to if not in excess of $1 billion this year.

Share22k I'm more than happy for any of the directors to exercise their options whenever they want to be that in Q1 2023 or Q3 2025 the share price will be significantly higher than the exercise price and it will be money out of their pockets into the business, no different to the warrant holders exercising their 2p or 3p warrants.

No inside information, if I was inside I certainly wouldn't be posting here. I did speak to GS a week or so ago though so no speculation on my part. Theres also plenty of information out there on the interweb if you're willing to take the time and dig deep enough.

* not as inferred in here

Thanks for the update cszjrh01 lots to look forward to. I like that he has also confirmed that the insurance business acquisitions are profitable in their own right and as has been inferred her "distressed assets".
I understand that the Guernsey Acquisition is sitting on the regulators desk awaiting approval so should happen relatively quickly, I believe GS used the word "imminently" when talking about it. Brochure should help attract some new investors and I also believe that theres plenty more going on behind the scenes that (including the Guernsey acquisition) could take the AUM to around $1 billion in the near future. That's pretty good progress and most importantly revenue generating. Wonder how much more it will take before we start to appear on the radars of larger groups looking to add something like ALGW to their portfolios.

Concluded and by all accounts GS spent a lot of time answering questions from shareholders. He did confirm that he and the rest of the board were not paid excessive amounts as alluded to by some on here and twitter, and as I had explained it is indeed just an accounting process required for the issuance of the options. Hope that's been put to bed for you all now.
Heard there were a lot of good questions and I'm sure that someone who attended will be able to post some of the highlights.

Canary Wharf wasnt my area Daisy. Don't do deliveries any more. Was just a stop gap. I also don't appreciate the insinuation that working as a delivery driver is something to be ashamed of. I like many other people who lost their jobs during the pandemic had the moral fibre to do whatever it took to provide for their families. I'm not and have never been afraid of getting my hands dirty to provide for my family, be that working in a war zone or undertaking the physical demands of ensuring that my customers got their food. I can hold my head high knowing my family are proud of me for what I have done for them.

Once a company has established the value of its share awards and the period over which they should be amortised, the amortised value for each accounting period should be charged to the company's income statement, with the other side of the transaction being a credit to an employee share reserve in the balance sheet.

The accounting standards do not call for the share awards to be revalued each year; once a value has been arrived at on grant, that will be the basis for all of the subsequent accounting entries.

If an employee's share award lapses during the amortisation period, the value of his or her award will be taken out of the annual amortisation charge; it does not get written back to the income statement.

When share awards vest, or options are exercised, the employee share reserve is written back to the retained earnings reserve through the balance sheet.

Sorry I wont be there to meet you cszjrh01 unfortunately I'll be at work from 0545 on Monday so unable to attend. I understand there will be a number of shareholders attending all able to get there within a 10 minute walk. Hope you get to have some interesting discussions over coffee and croissants

"Raaydaar being put in his place by Secret, lovely…"
Have I been put in my place? I think not