Altitude Share Discussion Threads

[value king] 18/10/2016 09:49

Below WH Ireland's base case price target here now of 80p. Quite a nice discount so I've added more this morning.

[bpc10] 18/10/2016 08:50

Back to 50p? Pumped up massively by SCSW

[allstar4eva] 18/10/2016 08:17

Hold firm. Volatility is to be expected for the reasons outlined earlier

[allstar4eva] 18/10/2016 08:16

You'd expect a bounce here on the trend line.

[runwaypaul] 18/10/2016 08:15

oo dear....

[malcolmmm] 18/10/2016 08:09

SCSW do say to place a stop loss at 10%

[allstar4eva] 18/10/2016 08:05

No twitching here just realism. I have no intention to sell a single share but I do acknowledge that we have no earnings to support the current share price It is speculative. Can't pretend otherwise. However I am very bullish and hopeful of a multibagger here.

[ihatemms] 18/10/2016 08:03

sja123 - I don't think scsw will tell their readers to take some profit. Anything that goes into their portfolio is a long term hold - usually at least 2 years.

[sja123] 18/10/2016 07:59

If you're feeling twitchy....best sell now cos SCSW will almost certainly tell their readers to take some profit....after all, it has come a long way quickly...

Personally, it's one part of my portfolio I won't be selling soon!

All IMO etc

[sja123] 18/10/2016 07:55

Numbers are of course important but in their absence you have to read between the lines and look for the positive signals....

Do we have positives here?

WH Ireland Have 300p tgt price in recent note
SCSW described it as a "multibagger"
Directors continually buying shares
CEO owns 29% of company aligning his interests with all holders
42m shares only, many now tightly held
2 x deals already announced this year with profit share
Hints of more deals to come
Genuine re-rate now company moving into profit and cutting costs (£1.8m removed)
80% profit margins
Software already in the bag, little R&D spending required
One stop shop for Click2Ship solution for branded goods getting distributors attention
Massive US market to address
Weakening £ makes US earnings more lucrative still
Hinted at other possible applications for its software solutions

People getting twitchy because the price is settling.....wasn't that always going to happen? Varley knows this business inside out from 4Imprint and profit margins and deals here are outstanding!

All IMO etc

[allstar4eva] 18/10/2016 07:35

Fact is no one knows. This is potentially disruptive technology so I'm not sure we have a yardstick to measure against. So in the absence if news shorters may arrive. Fact is these could be currently on the expensive side or a fantastic bargain. I hope that they are a fantastic bargain but time will tell...

[sheep_herder] 18/10/2016 07:29

It's a minimum. If they miss that now then all hell would break loose. You must know how broker notes are constructed to be on the safe side.

[revoman] 18/10/2016 07:20

That is not a minimum, it is an estimated eps. Fact.

[sheep_herder] 18/10/2016 07:06

We know that the 2017 minimum EPS is 3.2p because WHI will be conservative as all brokers are. And you don't have to be a maths whiz to setup a spreadsheet.

[revoman] 18/10/2016 06:36

Exactly, all hypothetical including WHIreland and MV. MV's £5 could be in 10 years time for all we know, so stop kidding yourselves.

[allstar4eva] 17/10/2016 22:56

None of us know what the eps will be. Could be 10p could be 1p who knows?

[hitsha1] 17/10/2016 22:27

am i right to say 10 eps would give us a share price between 4.00,4.75 for next year.

[ihatemms] 17/10/2016 21:59

Yep - I'm with you guys. I'm looking at circa 10p eps for next year but with new deals set to be announced it could be anything up from 12-15p eps for 2017.

[melf] 17/10/2016 21:29

If MV is dreaming of £5 (let's say by 2018) that would be a p/e of 96!! All hypothetic I suppose.

[melf] 17/10/2016 21:06

It's all very confusing...5.2p for 2018 at a 50% GP share??Are we missing something here as even the most conservative computations on this thread have the figures far in excess of this?

[sheep_herder] 17/10/2016 21:03

With the two deals announced so far I'm hoping for at least 5p EPS next year. All this waiting for numbers is painful. :-/

[revoman] 17/10/2016 20:20

Eps 0.8 then 3.2 and 5.2 for 2016 then '17 and '18.

[ihatemms] 17/10/2016 19:33

Revoman- does the wh Ireland broker note give eps forecasts for this year and the following 2 years? Tia

[sheep_herder] 17/10/2016 17:06

^^^ looks like one turned up already...