Altitude Share Discussion Threads

[ddav] 10/1/2017 08:07

Good counter question/

[sheep_herder] 09/1/2017 22:52

ramp - and what is your definition of the 'current model'? Just to be clear so there's no confusion in the question.

[the patient investor] 09/1/2017 21:59

ramp
great question

[rampmeister] 09/1/2017 20:07

SH - would be interested to know how ALT are doing in converting current model to address other products/markets.

RM

[sheep_herder] 09/1/2017 19:53

OK, I emailed Martin and let him know there was some concern but that I wasn't prepared to be the go between in this instance. I just alerted him that Steve might email with his own questions.

Can we concentrate on the know and unknown deals that will affect our current and future investments please.

Cheers.

[the patient investor] 09/1/2017 19:49

SH why acting as secretary for Steve?

HE should email Martin, so obvious

[stephen1946] 09/1/2017 19:38

I fail to see the point in bothering an extremely busy man with what would amount to questions he is unable to answer. The only thing he could possibly say to the Hallett question is, "no comment" any other questions regarding future plans would be met by a straight bat, "we will announce those details along with interim/full year results".

Board members are restricted in what they may or may not say, a seminar request would be met with, "attend the AGM"

This is on course for becoming a world leader in what the Majority share holder is an undisputed world leader in, he knows where he is going and how to get there, our job is to follow and support him, without question.

[ileeman] 09/1/2017 18:50

Great looking chart.

Finally breaking out after months of consilidation, break of all time highs looks likely over coming sessions imo.


free stock charts from uk.advfn.com

[stevehill71] 09/1/2017 17:57

Hi Sheep-Herder

I have a question for Martin Varley which has up until now prevented me from investing in Altitude.
Can he clarify whether Peter Hallett as ex CFO of Redcentric is helping with the enquiry about the recent mistatement of financial figures going back many years at Redcentric ?
I am not suggesting that he did have anything to do with it, but as from the RNS it was unclear exactly how far it went back or exactly when it started it would help put peoples minds at rest if it was clarified.

Thank you.

[bamboo2] 09/1/2017 17:38

Sheep, it's a good offer, but I'm only here as a chart based trader and don't really know enough about the fundamentals to have any relevant questions. Thanks anyway, and I hope you get a few more replies.

[the patient investor] 09/1/2017 17:22

it was a year ago and the price was about 10p

what will the price be in jan 2018? another 10X bagger?



RNS JANUARY LAST YEAR
Commercial Update

The last 18 months have seen a substantial reengineering of the business, during which the annual run rate of staff costs has been reduced by more than GBP1.5 million compared to the levels at March 2015. The drive to remove costs and 'right size' the business has been a key focus of the operating team. The fact that this has been achieved whilst refining products and maintaining key customer relationships is a testament to the dedication, skill and hard work of the team.

The Group is now increasing its focus on the Software as a Service ("SaaS") business, and is exploring how it can maximise returns through transactional charges rather than a monthly subscription model alone. We see the opportunity to grow revenue in this way and simultaneously to add users to our artworktool.com platform. The full commercial release of the Artworktool application took place this month and we are excited about the opportunities this presents.

With products that are built and ready for market, it is anticipated that the high cost of software development will reduce and with an operationally focused leadership, we will invest only where there are clearly defined commercial opportunities.

We enter 2016 with our Trade Only National Show on 20 and 21 January expected to increase contribution again and the launch of artworktool.com having taken place. The Group has no debt and sufficient cash resources to execute its plan.

Peter Hallett, Non-Executive Chairman, commented: "We would like to thank Vicky for her service to Altitude over the last decade and wish her well for the future. We welcome Shaun to Altitude and are confident that his extensive experience of outsourced managed services will be invaluable as we increase the focus on the SaaS business."

[zho] 09/1/2017 16:02

Sheep_Herder
9 Jan '17 - 15:50 - 1129 of 1129 0 0
Right, back to my offer of collecting questions for Martin Varley. I've only seen a couple fly past on the thread. This is a very good opportunity to get some questions answered by the head of this company. I expected to be fighting you away. Does everyone have me on filter? (Hmmm, they wouldn't see that would they...)

If I don't get anything else by Friday, I'll collate what we have and send it.

Also, is anyone interested in a PI seminar? They're not going to do it for 2 people so I need some positive feedback to even start the discussion.

Can someone else copy and paste this to the thread in case I have pee'd off too many people. :-)

[sheep_herder] 09/1/2017 15:50

Right, back to my offer of collecting questions for Martin Varley. I've only seen a couple fly past on the thread. This is a very good opportunity to get some questions answered by the head of this company. I expected to be fighting you away. Does everyone have me on filter? (Hmmm, they wouldn't see that would they...)

If I don't get anything else by Friday, I'll collate what we have and send it.

Also, is anyone interested in a PI seminar? They're not going to do it for 2 people so I need some positive feedback to even start the discussion.

Can someone else copy and paste this to the thread in case I have pee'd off too many people. :-)

[melf] 09/1/2017 12:29

.....and of course if this comes off, the cash generation should enable the company to pay some very nice divis.

[sheep_herder] 09/1/2017 12:16

FOUR has $500M market share.
ALT is targetting an initial $1B.

FOUR has a margin of 6%.
ALT has a margin of 80%.

FOUR took 13 years to go from £1 to £16.
ALT will take ?? years to go from £1 to £16.

I'm also staying put with my stake.....

[napoleon 14th] 09/1/2017 12:11

ALT - like FOUR, it's in a highly fragmented market, so success depends on how much of that it can access, so depends on quality of their software & service.
I'm just staying put with my stake......

[hitsha1] 09/1/2017 11:52

Melf, other way round probably.

[value king] 09/1/2017 11:50

New highs soon I would say, been waiting for this for a few months - a trading update likely soon I would think and perhaps Varley will spill the beans on that latest deal?

[melf] 09/1/2017 11:49

Martin must love scsw.....he's up over £5M this morning!

[kemche] 09/1/2017 11:30

SH - agreed.

[melf] 09/1/2017 11:25

Nonetheless, it still infers there is something major in the pipeline....and it's flying now.....all good!

[hitsha1] 09/1/2017 11:16

well done.