Member Info for Ricardo2019

Don't get too excited, nothing substantial has yet arrived. 20% is good for a few hours but the LTH need this over, and over and over to get anywhere near breakeven.

Golden nuggets? Where have I heard that sort of rampy bull**** language before? Ah yes, reminds me of a certain 'nephew' of SS who used to talk about golden tickets.

Thanks JG20 for that. Nothing majorly new but it's still worth a listen because you get to hear the level of confidence. GS did mention though that they think they've found a way around the Covid related issue that was stopping the RCF completion. Good to hear.

Good to see a lack of substantive retrace today after the large rise yesterday. Shows that holders believe in the value case and not just trying for easy daily profits.

Off topic somewhat, what other stocks are people in that have similarities to ALGW - not in terms of industry sector, but in terms of being a great opportunity at an early stage in company growth while being somewhat de-risked?

IMO the vast majority of comments on this board today will be absolute BS.

The difference between your comment and mine is that mine is backed up by reams of hard historical evidence.

Yep, exactly what the BoD will do. The question is, at what price?

> There was a 20-1 consolidation in the summer of last year.

Oh I should have realised when looking at the chart... that makes quite a difference.

I know. I put a limit order in for 1p. Not executed. W T F

I blame Trice.

8% up and stalled. Honestly, you lot are worst rampers on LSE. My dog could ramp better than you lot. Not one 'to the moon' or 'wouldn't wanna be out of this over the weekend'. No rockets. No 'BOOM'. Get on it.

I want 20p and a bag of chips by close dammit

Hi all, Made a first small investment after today's RNS. I can see that I am far too late for the best gains but then there's much to be said for derisked investment. Prospects look good though for the future. What's the consensus on where this might go?

I hope he does. Because that will mean I can also buy more at a bargain basement price before this rockets. I'm not expecting to get that opportunity...

Think he meant me. :-)

Interesting info, thank you.

Even though it is 2021 there are still some companies out there in the FS industry with working cultures that could be described as somewhat backward, and stuck in old ways of working.

I dunno Bots, the RNS today implies they are now very close. Seems like the hold up may have been some last minute beneficial changes to process. Always good to have a plan B though but I expect they'll close this RCF off in Q1.

Yeah, missus hid my wallet.

So I like this news a lot. Even if it adversely impacts the SP (which it isn't right now) it shows that the BoD have a broad plan for success. While the AUM increase is slower than hoped this shows that ALGW have already thought of multiple ways of achieving growth and are executing on multiple fronts.

It's still a strong possibility. The only people with some certainty are the bond holders. No-one here knows what will happen. We could get right royally shafted by the board or things could go well. If badly, wave bye bye to profits. If it goes well then you could make 100%.

No it is not. 3.2p looks likely. 3.5 is possible late today, maybe tomorrow. A rise to 5p will be massively sold into. Don't be so naive.

People need to understand that while sometimes share price increase is very sentiment driven and powered by the arrival of the fabled 'herd', most significant increases are down to hard results or rumour of hard results. Not news or plans, but hard results. E.g. Planning to order equipment does not qualify as 'results'. Using that equipment to generate lots of cash does.

If you've watched enough Dragon's Den then you'll have seen many overly optimistic entrepreneurs enter with their massive business valuations based on predictions, not hard results. Then Theo Paphitis or Peter Jones gives them an ear bashing for not knowing how to value a business and tells them that right now their baby is only worth a pound and not the million they thought it was.

Well, if you think that Alba is suddenly worth more right now on the basis of positive thoughts and future plans then Theo and Peter have some news for you! (It's not good).

Buy here for the future positive RESULTS. Don't expect large returns without them.

You can use the results vs news principle on all AIM stocks. I'm not saying that's a hard and fast rule - I mentioned sentiment earlier, right? UKOG got to 11p after all on no hard results at all. But in my bitter, painful AIM experience the rule applies more than it doesn't.

I paraphrase: Horsehill is fecked but we hope it comes good because there is enough oil there to make it worth our initial investment.