Altitude Share Discussion Threads

[stephen1946] 06/4/2017 14:24

User's is the name of the game, nothing elee matter's.

Markets and investors do not like uncertainty. Hence where we are today, tomorrow and next week. The market, quite rightly, assumes somebody at alt knows something about the user numbers and the fact that this appears to be a state secret, or the numbers as yet are dreadful, is unsettling the market.

Those are the undisputable facts, whether you like it or not. This is the real world, not a game of monopoly amongst friends and family.

[melf] 06/4/2017 13:55

Also, aren't there another 20,000 Aprinta distributor websites still to launch?

[opodio] 06/4/2017 12:50

Anyone sold earlier?


Shame.



hehe

[ihatemms] 06/4/2017 12:47

As well as take-up data new contract news could arrive at any time where Channl/click to ship could be applied -it is certainly over-due as new contracts/applications have been regularly mentioned in recent RNS's.

[mcgrath1959] 06/4/2017 11:55

Me thinks Tree shake by those pesky MM's as per usual!

[velod] 06/4/2017 11:53

62.5p? Crikey, jumped 11% in almost as many minutes from 56p - only on AIM eh?

. . . My broker's got to go. Can't log in again!! Already signed up with IG for this year's ISA. Hope they do a better job than the accident prone ISA provider I'm currently using. My SIPP provider is the bees-knees but don't want my ISA's and SIPP's all with the same broker.

[greenhorn54] 06/4/2017 11:36

Bounced a bit

[velod] 06/4/2017 10:55

56p intraday - Ooh right on a support level!

. . . Decisions decisions.

. . . Is this the floor that it will bounce off, or will it make a dive for the lower but much stronger support area of low 40p's? Your choice.

[sheep_herder] 06/4/2017 10:13

stephen, -1

ihatemms, exactly.

[ihatemms] 06/4/2017 09:41

Exactly the market is massive. FOUR target the larger distributors whereas ALT are targeting the smaller distributors. Totally different markets . By the way FOUR only have sales of £568m - a fraction of the available market.

[opodio] 06/4/2017 09:29

The market is worth US$40 BILLION isnt it

[stephen1946] 06/4/2017 09:25

Your point really only dents alt prospects. 4imprint have indicated increased sales in usa, so their business is growing stateside, therefore the growth elsewhere, in other companies, is not going to be exactly earth shattering, is it?

[ihatemms] 06/4/2017 09:09

If anybody wants to look at the massive potential for ALT in the USA just consider this - FOUR (4IMPRINT) acquired 240,000 new customers in 2016 alone (from their Annual report). ALT just needs to convert a small fraction of existing Aprinta and AI Mastermind customers to achieve high returns - never mind acquire new customers.

Prelims just a few weeks away now . New customer sites been opened since 13th February. May get an indication of early take-up

[thebigshortfella] 05/4/2017 17:00

velod - LOL :-)

[velod] 05/4/2017 16:15

I tip my hat to you tbs/fella and rechristen you:
The Riverboat Gambler
:)

[steveo18] 05/4/2017 16:14

Reckon the uptake will be good
I attended the presentation in January and you could see the excitement in martins eyes

[thebigshortfella] 05/4/2017 16:08

velod - it sure is. I was wondering if I was going to get stopped out today. So happy to see the share price stabilise. I am slightly concerned what the impact of the forthcoming French election may have on the market though...but no point worrying...Just need to set the stop at a comfortable position and hope for the best...

Nope - it runs until September and then closes. Hopefully, this is enough time for Altitude to execute on their strategy and confirm that it is working and for the share price to go northwards.

Nope - it's more than 2% but I don't do any trades where I "bet the house" or where I will end up in the street. I have another trade that I am using as a hedge where I am up and I am hoping that it will also jump higher on positive news. So if Altitude falters hopefully I will come out without an overall loss.

I am a big believer in Altitude. They have a first class management team and I believe that they are right on the big opportunity and their disruptor approach (they really understand their market) and, most importantly, have the skills to make it happen. Whether they can make inroads before September though I am not so sure. But I don't want to be saying "I should have", so I got in this week for not an insignificant amount.

Best of luck fella.

[velod] 05/4/2017 15:32

Afternoon is looking a tad more positive for the share price tbs/fella.

. . . Is your spreadbet one of those monthly calls where you have another month or so to let it run before deciding to roll it over or not?

. . . PS. I hope that £7k+ current loss is equivalent to only 2% or so of the entire funds at your disposal.

[thebigshortfella] 05/4/2017 15:23

stephen1946 - LOL well you would hope for something not so black and white, but these are the markets and we all know Ben Graham's view of Mr Market which can be summarised as "emotional, euphoric, moody" without much in-between. A bit like this board. ;-)

So make sure you have your stops set but perhaps not to tightly.

Just to be clear I am currently running a £7,200 loss on my spread bet so I am hoping that the market turns euphoric. :-)

[stephen1946] 05/4/2017 15:04

The full picture therefore is
With decent update, shares will take off, vertically.
With disappointing update, shares will suffer altitude sickness and plummet.

[thebigshortfella] 05/4/2017 14:44

velod - In their March update, Sharewatch highlighted that its still early days for the 22,000 Click2Ship websites that are now live. They also wrote that Zeus (who floated Altitude 12 years ago) had options and exercised 1.5m of shares, but did not place them out to the market in an orderly fashion which may have lowered the share price.

There last point was that if Altitude provide a decent update on the performance of the Click2Ship sites the “shares will take off almost vertically” but they did not have any insight on how well the sites are performing. Hopefully it won’t be too long for us to find out...

AISHAH - I agree! Remember though that Sharewatch run a portfolio and they need to have free cash to invest in new opportunities, i.e. they were complaining in the April issue of only having £89 to spend...Ultimately, Altitude was one of their 2017 NAP tips and they remain a holder, so they expect/hope that they will do well this year.

[aishah] 05/4/2017 14:38

The astute editor of SCSW claims to have sliced at 100p having bought at mega lows. Nice!

[sheep_herder] 05/4/2017 14:34

stephen, take a look at any number of share price movement RNS' where the company says something along the lines of, "We know no reason...". Pick say 10 recent ones that you can find. Now tell me how many of those ended with, "...which has not previously been announced.".

Also, look at any of the SCSW tips and you'll see the familiar pattern of it racing to new highs followed by a pull back.

[velod] 05/4/2017 13:41

@ ts/bigfella - Thanks for highlighting Zeus, no I did not know about that.

. . . Cash on hand as a total, as far as latest accounts show, are about half that Zeus amount you mention at just a couple of hundred thou. So need a full trading report to get a true up to date picture. Cash on hand in (or approaching) 7 figures would be nice.

. . . Tried to find info on the Zues deal but out of time. Got sidetracked with "if" comments by the CEO.

. . . "if the take-up is just 1% etc., then we will make × amount".
. . . Future "gazillions" quotes by the CEO all disconcertingly - If, if, if.

. . . Have absolutely no reason to dispute the forecasts but all-in-all it's pretty much like me saying: "I've done pretty well to date, and IF my investments planned for 2017 come to fruition, and IF I should continue with the same success, I should become a millionaire in due course".