Altitude Share Discussion Threads

[sheep_herder] 19/5/2017 13:46

stephen, 5-0 currently, let's see if you're out on your own still by the end of the day or if one of your other names manages to sign on and vote.

[thebigshortfella] 19/5/2017 13:23

Teddy boy1 - Be careful with the Finncap wording. Customer engagement is vanity. What really counts is orders. That’s what the market needs some insight of.

[samkhan50] 19/5/2017 13:16

Stephen sounds genuinely psychiatrically unwell. Stephen, whatever personal issue you have with the board just let it go. If you think ALT is worthless why are you still trolling on this thread? Let it go man.

[adventurous] 19/5/2017 13:06

stephen1946 - It sure as hell speaks louder than words or as you described it:

"Martin Varley? We havent lost him, we have released him from the ball and chain of day to day running of Altitude's current business and we have sent him as, President or 'Chief Operations Officer' around the various centres of our business, to secure more deals and nurture and grow existing deals, a task that would have been impossible in his role previously as, Chief Execcutive officer."

[adventurous] 19/5/2017 12:22

Post 3346 - Is this what Stephen1946 meant when he stated "serious discussion seems to have been replaced by school yard language" :-)

[sheep_herder] 19/5/2017 12:02

lols - stephen ranting again must mean the share price is due a rise.

[teddy boy1] 19/5/2017 11:57

Stephen -That is why companies pay brokers a lot of money!

Finncap have recently stated that "customer engagement has been high"

What more do you need?

You continue to make yourself look very ,very silly and that is why no one on this forum takes you very seriously.!You are almost a laughing stock. Take your humour elsewhere!

[teddy boy1] 19/5/2017 11:39

Stephen

Once again you show a total lack of understanding of the stockmarket ! ( perhaps you should try religion in stead, Its probably easier to understand and takes less faith!)

Companies routinely offer bulk share offerings at a DISCOUNT to encourage institutional buyers etc It does NOT mean that the shares are only worth the price they are being offered at.

Ever thought of taking a course on all this ? ( money well spent,i would have thought!)

[melf] 19/5/2017 11:24

Go forth and multiply !!!

[teddy boy1] 19/5/2017 10:27

Keep it up lads! Don,t let those "dirt diggers" alarm you ! We will not be dissuaded by a load of nonsense ,repeated over and over again, by people who clearly do not even understand the is and outs of companies and company shares.

Let us TRUE shareholders not be rattled and play into their hands!

TRUTH ALWAYS WINS OUT IN THE END ! ( study your bibles!)

[adventurous] 19/5/2017 09:55

lowflow - You clearly do not understand the logic behind related transaction disclosures, if you did you would not be making such a fool of yourself!!

The company did not fail to tell its investors anything. The fact that they acquired an asset from a previous board member is of no significance.

[sheep_herder] 19/5/2017 09:48

lowflow, keep it coming. This is really useful info that you're digging up. I for one and really grateful for you continuing to post the same fake news over and over and over.

[lowflow] 19/5/2017 09:43

Looks like the market is waking up to the fact that Altitude has been breaking some kind of record in odd related party transactions and unclear RNS.

What we do know:

- Adproduct.com being acquired from the former Chairman, but the company fails to tell its investor that they are acquiring an asset from a director who left the board 19 days ago.
- Market Brand LLC was formed 17 Feb 2017, and it seem like its just the old branch of Aprinta in Rochester. Market Brands office has the exact same address as Aprinta Rochester office had and when you call Market Brands you get to an Aprinta answering machine.
- Altitude wont discloses in the 2016 FY financial report if the "new" business generated any revenue at all during H2 2016 when these services were launched.
- Altitude second-largest shareholder sold shares for £1.2m at the same price as the company raised cash.
- Altitude Chairman showed great commitment by putting in £10k in the placing.

On the 23 May the share from the placing will hit the market. Which will create a significant overhang on the stock. If the stock trades below the 60p placing price I think we will have a lot of unhappy participant from the placing. 60.6p last price now tictoc.

[teddy boy1] 19/5/2017 09:36

Stephen Why are you still here? Your job is done is done! You successfully shorted this share (unfairly I might add!) Perhaps you found it so easy that you are trying again! However,mark my words - if you are,this time you will come unstuck!

[adventurous] 19/5/2017 09:27

stephen1946 - 21 Feb 2017 - 09:05:30 - 2257 of 2836

Talk of 40p and other figures is infantile and way wide of the mark, serious discussion seems to have been replaced by school yard language.

Altitude is in better shape now the board has been re-structured.

The board is fundamentally made up of number crunchers now, top drawer numbers crunchers, i might add. Altitude will be shedding quite a number of staff throughout its operations due to already announced plans to streamline the business which, by its very nature, needs less staff, the current board are the men to do the exercise, efficiently and quickly.

Plus that same board, with their vast financial expertise, will know very quickly where to make changes and incorporate the "brand new aspects of the new business."

Martin Varley? We havent lost him, we have released him from the ball and chain of day to day running of Altitude's current business and we have sent him as, President or 'Chief Operations Officer' around the various centres of our business, to secure more deals and nurture and grow existing deals, a task that would have been impossible in his role previously as, Chief Execcutive officer.

In my humble opinion, Alt have proved again that they are ahead of the game by making contentious changes that will, very shortly, prove to be extremely wise.

40p? I think not.


stephen1946 - 03 Apr 2017 - 08:43:19 - 2396 of 2836
Sheep herder, stop acting like the gate keeper/curmudgeon. Confirmation of the MD's appointment is not old news.

Whilst it was flagged up at the presentation that i attended, confirmation that this top class gent is joining us is well worth repeating,

[teddy boy1] 19/5/2017 09:04

Another big order being filled ,methinks !- watch out for a big buy/buys go through later in the day ( bit of a give away!)

We must never lose sight of the fact that this is a very tightly held share ( a big plus to all investors,whenever the price is on the up.)

HOLD ON IN THERE!

[luisfrg] 18/5/2017 23:17

Good enough for me too I'm holding onto my holding waiting for a double bagger at least.....

[bpc10] 18/5/2017 12:17

From Paul Scott yesterday:Market cap: £30.4m(at the time of writing, I have a long position in this share)Preliminary results - for the year ended 31 Dec 2016. So very late figures, which readers will know is something that particularly rattles my cage.This company has a tiny exhibitions & publishing business, which is barely worth mentioning. Although it does generate a modest profit. The exciting bit is a new venture, which is being pursued in the USA, called Channl. This is a software portal, which connects distributors of promotional goods (e.g. branded pens, mugs, rucksacks, etc) with the end customer and the factory.The interesting thing is that Channl enables distributors to create many thousands of individual websites for each potential customer, with 3D viewing products mocked up with the client's logo. So it replaces, and is better than, catalogues. The customer can order online, if they like the products. The idea is that Altitude sits in the middle, and takes a cut of the revenues.Management has been making big claims for this product. If these claims turn into reality, then the upside potential here looks remarkable. The only problem is that there's not any hard information on actual results so far. The trouble with today's announcements, is that it's more jam tomorrow, and no firm evidence that this project is going to be a commercial success. So I'm a bit of a nervous shareholder. I've got no idea if it's going to work or not, this one is a bit of a punt.There's not really any point in dwelling on the 2016 numbers, but for the sake of completeness, the key figures are;Revenues £4.3m (down 4.7%)Operating profit before amortisation charges & a few other small bits & bobs of £565k (up 94% on prior year). So at least it's not massively loss-making, as this type of jam tomorrow share usually is.Balance sheet - is weak. Trade payables look stretched, at £1.75m, although there was £741k in net cash at 31 Dec 2016.Placing - also announced today, this has fixed the cash position. FinnCap has raised £2.5m in fresh cash at 60p. Also, they placed 2.025m existing shares, held by a major shareholder, Keith Willis. So the cash position & balance sheet should look OK after this placing, which is not highly dilutive, so it's fine. My opinion - I wouldn't normally go near anything like this. However, a friend with a good track record on small caps, has spent a long time researching it, and he reckons it's the real deal. So almost as good as being told by a bloke down the pub, I hear you scoff!Time will tell whether this was an inspired stock pick, or a complete dud. I've only put in an amount I can afford to lose, which is usually wise with jam tomorrow shares. If there is any game-changing news, then I'll report back to you. For the moment though, this can only be considered a complete punt.I think the pressure is now on management to deliver, rather than talking up the potential.