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News
07.04.2011
ALF GROUP HOLDINGS AG: Investor meetings closed
ALF GROUP HOLDINGS AG: Investor meetings closed
Zurich, April 7, 2011: The Management of the ALF Group Holdings AG (ALF) recently finished their public and private investor meetings in Munich, Frankfurt, Berlin and Zurich (Switzerland). CEO James Byrnes and Director Michael Pakula talked about the ALF the ALF business model, the planned investments and answered any questions related to ALF. One of the discussed topics was the recent share price reduction. CEO James Byrnes: “Like almost every shareholder I am extremely disappointed with the company’s share performance. As my family, via Kingsley Finance Co Limited, are the largest shareholder I know only too well the level of discomfort shareholders are experiencing with the current share price.” Byrnes said that he believes as ALF settles the acquisitions they are currently planning, investor confidence will return and new buying will also help to return the share price to fair market values to the profit of all shareholders.
The management was impressed by the reasonable amount of constructive criticism and suggestions of the audience, which the management will adopt. “We establish new processes and ensure measures so that we don’t make the same mistakes twice”, Byrnes promised.
Self critical he commented on the communication and the slow process related to the bonus shares. Therefore a clarifying press release will follow soon.
About ALF Group Holdings AG
ALF Group Holdings AG (ALF) wholly owns ALF Group Pty Ltd and its subsidiaries, which includes one of Australia’s largest litigation funders, and a corporate restructuring services company which also provides funding and debt and equity solutions. It is also an acquirer and developer of distressed assets.
For further information please contact:
ALF Group Holdings AG
Level 29, Chifley Tower, 2 Chifley Square, Sydney, NSW 2000, Australia
Telephone +61-2-9293-2500
Fax +61-2-9293-2930
Website: www.alfgroupag.com
E-mail: info@alfgroupag.com
max. Equity Marketing GmbH
Maximilian Fischer, Marienplatz 2, 80331 Munich, Germany
Telephone +49 89 1392889 0
Fax +49 89 1392889 29
Website: www.max-em.de
E-mail: m.fischer@max-em.de
Legal Disclaimer
This press release contains forward-looking statements based on beliefs of ALF management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of ALF Group Holdings AG as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. ALF disclaims any intention or obligation to update these forward-looking statements.
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Zurich, April 7, 2011: The Management of the ALF Group Holdings AG (ALF) recently finished their public and private investor meetings in Munich, Frankfurt, Berlin and Zurich (Switzerland). CEO James Byrnes and Director Michael Pakula talked about the ALF the ALF business model, the planned investments and answered any questions related to ALF. One of the discussed topics was the recent share price reduction. CEO James Byrnes: “Like almost every shareholder I am extremely disappointed with the company’s share performance. As my family, via Kingsley Finance Co Limited, are the largest shareholder I know only too well the level of discomfort shareholders are experiencing with the current share price.” Byrnes said that he believes as ALF settles the acquisitions they are currently planning, investor confidence will return and new buying will also help to return the share price to fair market values to the profit of all shareholders.
The management was impressed by the reasonable amount of constructive criticism and suggestions of the audience, which the management will adopt. “We establish new processes and ensure measures so that we don’t make the same mistakes twice”, Byrnes promised.
Self critical he commented on the communication and the slow process related to the bonus shares. Therefore a clarifying press release will follow soon.
About ALF Group Holdings AG
ALF Group Holdings AG (ALF) wholly owns ALF Group Pty Ltd and its subsidiaries, which includes one of Australia’s largest litigation funders, and a corporate restructuring services company which also provides funding and debt and equity solutions. It is also an acquirer and developer of distressed assets.
For further information please contact:
ALF Group Holdings AG
Level 29, Chifley Tower, 2 Chifley Square, Sydney, NSW 2000, Australia
Telephone +61-2-9293-2500
Fax +61-2-9293-2930
Website: www.alfgroupag.com
E-mail: info@alfgroupag.com
max. Equity Marketing GmbH
Maximilian Fischer, Marienplatz 2, 80331 Munich, Germany
Telephone +49 89 1392889 0
Fax +49 89 1392889 29
Website: www.max-em.de
E-mail: m.fischer@max-em.de
Legal Disclaimer
This press release contains forward-looking statements based on beliefs of ALF management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of ALF Group Holdings AG as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. ALF disclaims any intention or obligation to update these forward-looking statements.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CH0121325671">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CH0121325671</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.