The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
On average ftse 250 companies have about 6-7 brokers covering the stock and some have 10 or more. Alpha still has 2 but that should be expected to change soon. I suspect the new broker notes and ftse 250 tracker funds mandatory buying will take these beyond the previous high of £23 in the next 6 weeks
Management normally set targets that can be ‘comfortably achieved’ in order to reward and incentivise/motivate staff (rather than demoralise staff with unachievable targets). Hence I believe the internal/board targets will be significantly higher than these and the award targets are the minimum expected.
The share register has been update for the latest quarter to 29/3/24. A number of new institutional investors have appeared holding more than 1% of the shares notably Amarti, Artemis, State Street, Axa and Berenburg. Looks like institutional interest is expanding…
There’s still big demand for the shares. Even though the official quote is 20.20 - 20.50 you can sell @ 20.38 ( way over mid)and you have to pay 20.497 to buy. With continuous news flow over the next 4 weeks with the Agm and main listing timetable to come, not to mention new brokers onboarding and share buy backs ,the re-rating should continue at pace.
It’s for subscribers only. Essentially saying the real eps is £2.06 rather than the company/broker view of it being 76p because Treasury income is excluded. Also as the company has £200m cash that needs to excluded when calculating the P/E leading to a P/E of 7. It’s essentially what we’re all aware if you know the real facts/figures rather than the presented ones.
See one of the private investors has done a revised analysis on Stockopedia including interest income in the key metrics indicating how ludicrously undervalued Alpha is - in reality on a P/E of 7 if you exclude the cash it holds. It’s starting to appear on punters radars….
With the AGM on the 1st May and the full FTSE listing planned for May surely we must be close to getting a timetable for the transfer from AIM to full market listing ? Then with more brokers all over the figures that’s when more international interest should perk up (as well as the trackers).
Updated institutional holdings in the stock to 30/9 now out with institutions holding about 86 % of stock and State Street a new institutional investor. Are you guys still holding this stock or is just me left in with this ever falling stock ?