Altitude Share Discussion Threads

[ihatemms] 31/10/2016 18:48

Thanks Hitsha for the link.

I also viewed another tutorial Aprinta video on you-tube about creating a customer web- site dated 27 October. It literally takes a distributor 30 seconds to create a web-site for a customer with all the products loaded with their logo to view instantly. Looks like the ramp up by Aprinta for distributors and customers is moving into over-drive!

Edit-There' s a final Aprinta video on you-tube- very short- only 1.5 minutes long about the shipping dated 28 October- hence very recent.
In there it specifically states that the distributor makes a 40% margin. No mention of Aprinta's margin- inbuilt into product price and distributor kickbacks?
It also mentions the 'amazing' technology in creating the new system and hope it will increase customer volumes.
One things for sure the beta testing must have been successful as Aprinta is now actively marketing to its distributors/customers.

[melf] 31/10/2016 18:46

Thanks hitshaThat looks very impressive to me. I know you're in the print industry. what's your opinion?

[ihatemms] 31/10/2016 16:12

I thought somebody might want to own up if its a PI!

[ddav] 31/10/2016 16:11

Who knows -- Funny how they mark it down with every little 3 or 4k sale then when Mr greedy buys 83k it doesn't go up one jot!!

[ihatemms] 31/10/2016 16:08

Somebody likes the company - 83k buy gone through - is that instit or individual

[value king] 31/10/2016 14:19

Small Company Share Watch is out this coming weekend, let's see when the buyers start building position strength.

[ihatemms] 31/10/2016 13:49

SH- Let's hope you're right!

[sheep_herder] 31/10/2016 13:22

I did - and that doesn't tie up with what I've read so far.

Edit - and if you think about it, the printer is the head of the food chain which is why ALT have partnered with them. They have the capacity to buy and store all the merchandise, they are adding value by printing, and I think their margins are only going to increase as part of this deal. The SaaS offering from ALT helps increase efficiency at all levels of the business chain. If FOUR can make 6% margin running the whole shebang, I'd hope Aprinta is at least twice that if not 4-5X.

Edit 2 - if you Google "personalised merchandise gross margin" or "t-shirt print gross margin" you'll find lots of info. For example,

[ihatemms] 31/10/2016 13:15

SH- did you read my post 584 re margins?

[sheep_herder] 31/10/2016 13:03

OK, sorry, missed that you were using 10% as Aprinta's margin. I think it will be a lot higher. Everything I've looked at so far has a minimum of 25% but it changes quite a lot with the type of product - pens vs. t-shirts etc.

It's going to be really interesting to get some numbers and be able to create a better model. The waiting is going to be painful.

[melf] 31/10/2016 12:36

ooops.....you got there first ihatemms!

[melf] 31/10/2016 12:35

SH, I've taken account of the 50:50 GP share. that's why I've used a GP of 5%.
Of course you're correct re the take up. No one can can predict that.

What we do know, is that AI Mastermind's distributors average $200,000 in orders p.a. (say £160K each) and there's 1,000 of them. Again we don't know what the take up will be but it would nice to get our hands on some of that!

[ihatemms] 31/10/2016 12:33

Melf included the 50/50 profit share i.e. Aprinta margin of 10% with 5% for Alt

[sheep_herder] 31/10/2016 12:29

You missed the 50/50 profit share and the fact that not all the distributors will sign up. Go for something more realistic like 2000 next year.

I think Aprinta will add about 5p EPS next year and ramp up from there.

[ihatemms] 31/10/2016 12:25

Yes - will still be great profits and that's before we sign the new expected contracts.

Actual eps for 2017 should be substantially greater (could be multiples) of the broker forecast.

[melf] 31/10/2016 12:18

ihatemms....back to the calculations - based on scsws' 41,000 distributors and $500 per month secenario with your 5% GP attributable to ALT:

$500 PM x 12 = $6000 pa (say ay 1.25) = £4800 x .05 = £240 per distributor x 41,000 = c£10M virtually all of which falls to the bottom line.

Still not too shabby.

[bamboo2] 30/10/2016 18:03

mms, I find this one hard to judge. It looks a bit like a Head and Shoulders, but the LH shoulder lacks definition, target around 60. There is also the beginnings of a bowl like feature, a continuation pattern targetting the ATH which is positive.

The triangle apexes interest me. These are marked with red vertical lines and often indicate a turn in the share price Back tested stats suggest a 60% chance of a price turn.

[ihatemms] 30/10/2016 17:12

BPC- you' re about as transparent as an x- ray. 4 weeks ago you were saying a pull- back to 25p. LOL.

[bpc10] 30/10/2016 16:20

My chart is saying back to 50p

[ihatemms] 30/10/2016 14:26

As regards the margin question I think although distributor margins are near 33%, Aprinta is not a distributor - it facilitates for the distributors. Hence Aprinta's gross margins are probably only 10% of which 5% belongs to Altitude. Hence this is why the broker is expecting lower revenues to be billed by Altitude but the margin for Altitude will be 90-100% with everything falling to the bottom line- practically all revenue will be profit and cash.
As we expect more contracts imminently and revenue volume rises we can expect a huge lift-off.

Bamboo- from your chart are we expecting a move to£0.89 and then £1.12?

[hitsha1] 30/10/2016 11:42

Sold CRX and now fully invested here still hold Koovs, Just waiting here for the story to unfold. Hope fully happy ending. been busy with Dewali celebration, start doing more dinging next week.