Member Info for raaydaar

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

I'm not confusing anything. Zero growth? I would have to disagree, the price of a share on x date compared to y date doesnt necessarily reflect a lack of growth. The share price as you know is relative to the value of the company relative to the shares in issue.

I give up! Note 20 is an accounting note that specifically references the long term benefits and confirms that the figures are for the estimated costs to the company for the issue of the warrants.
This isnt rocket science or brain surgery, its common sense logic and a simple recognised accounting process. THEY HAVE NOT TAKEN THE MONEY

Giles reread page 27, GS was NOT paid 500k
The accounts clearly state:
"The long term benefits represent the estimated cost to the Company (see note 20) of options
awarded to the Directors"
No money was paid to GS, DS or Jason as part of the process. The figures are there for accounting purposes only to show the estimated cost to the company for issuing the new shares should any of the directors decide to exercise their options.

All this talk of GS and DS being paid 500k etc is laughable. I would suggest you read the accounts again, specifically page 27 where it's all explained in glorious black and white. As has been said the detail is in the fine print

We all question why we have invested in a company when the Share Price isn't going the way we want it to. I always take time to a look back at my initial research and see if it's still valid.
Alpha as a company has changed significantly since I first invested with its primary focus now being on the insurance side of the business with the acquisition of Northstar and the upcoming acquisition of the Guernsey based company.
These 2 acquisitions will see AUM increase to around $700 million. $650 million for the insurance business and $50 million for the BOAGF.
As we have seen from the accounts, revenues have increased 30 fold over the period with one off costs resulting in a loss. Nobody likes it when a company you're invested in posts a loss, but now that those one off costs have been accounted for we can expect to generate similar % revenues over the coming period, not on $350 million AUM but on $700 million + AUM (I would expect the fund to increase AUM) so assuming no additional acquisitions are made over the coming period then we are in an excellent position, likely generating something in the region of $4-5 million (possibly more) throughout the 2022 accounting period. We wont have those one off costs so I fully expect the company to be profitable this year and as AUM increaes so does income and therefore profits with minimal additional costs to the company.
I've read and heard that many shareholders are up in arms about the options granted, if you're not happy then the one way to voice your dissatisfaction is via the AGM, cast your vote and let your dissatisfaction be known to the company.
The fundamentals for me have changed but I'm satisfied that my investment here will generate significant returns in the future. Unfortunately the markets are a mess at the moment and unlikely to get much better any time soon. Once investors wake up to the opportunity that ALPHA provides then we shall see a significant rise in the share price and I'm sure that Share22k and Daisy will be much happier (although I'm sure theyll be grumbling about something).
I cant attend the AGM on Monday due to work, but I'll look forward to seeing the results when they're posted. The numbers will speak volumes about shareholder confidence and I suspect those numbers will be a vote of confidence in GS and the team.

I don't recall saying AUM has increased by 3000% I did say that revenues had increased by 3000%. Current AUM will be more or less doubled on completion of the Guernsey acquisition which I expect will complete in July as it's just awaiting regulatory approval.

Will be a lot less than a year to get back to 4p

Having had a few days to read through and digest the figures I have tl say I'm happy with the progress that has been made. Revenues increased by 3000% to circa £2.6 million, that's a bloody good number and going forward is extremely positive.
Like pretty much everyone here I'm disappointed with the grant of options, the board need to have incentives and options are on of those incentives, however I feel that on this occasion the options awarded are excessive and should be challenged. I note Martingirls point on page 26 and have already raised this with the company. The way forward now is via the AGM. I look forward to seeing Daisy and Share22k votes against the re-election of GS and the other directors and their votes against all of the other motions. We will finally get an idea of how big their holdings are.

If you dont trust the company then sell, take the hit ,run to the hills and buy PREM, George Roach will make you rich. He has Lithium don't you know, it's good for personality disorders

Sounds about right to me Daisy, as I've said before the $2bn target is conservative. I've done something I never thought I would do and have recommended your post

https://www.brrmedia.co.uk/broadcasts/6244d771c06d1847121ebedd/alpha-growth-plc-quarterly-qa/

It's definitely a buy

It's a buy, a worked order.

Group owner can be contacted on twitter

https://twitter.com/ORBIradarman/status/1509167735196073995?t=t8xOMILhlHwni6d6RHXMSA&s=09

For anyone interested theres a telegram group with many knowledgeable shareholders.

That's a fantastic number. Generating good revenue for the company on their management fees, throw in the bonus payments and that proves the model works. Lots of decent sized buys should see a good increase in SP into close with the Q&A due tomorrow

Seems we have been mentioned in the National Press.
Former EastEnders actor Michael Greco talks to ME & MY MONEY https://www.thisismoney.co.uk/money/meandmymoney/article-10654837/Former-EastEnders-actor-Michael-Greco-talks-MONEY.html?ito=native_share_article-masthead