Share Name Share Symbol Market Type Share ISIN Share Description
Altitude LSE:ALT London Ordinary Share GB00B0LSFV82 ORD 0.4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00p -1.34% 73.50p 70.00p 77.00p 74.50p 73.50p 74.50p 71,126.00 09:16:34
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 4.5 -1.2 -2.9 - 34.09

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Date Time Title Posts
20/2/201719:49Altitude the only trade you'll need.2,255.00
08/6/201517:02Alternative Investments-
23/5/201519:47ALT - bottomed out?119.00
31/7/200913:33Action on iii B Board6.00
04/9/200611:08break-up at 50p at least138.00

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Altitude (ALT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
17:10:3976.0015,00011,400.00O
17:08:4573.5015,00011,025.00O
15:40:3971.502,0001,430.00O
15:29:4071.503,0002,145.00O
14:57:0871.7524,84117,823.42O
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Altitude (ALT) Top Chat Posts

DateSubject
20/2/2017
08:20
Altitude Daily Update: Altitude is listed in the Support Services sector of the London Stock Exchange with ticker ALT. The last closing price for Altitude was 74.50p.
Altitude has a 4 week average price of 95.43p and a 12 week average price of 95.10p.
The 1 year high share price is 142.50p while the 1 year low share price is currently 8p.
There are currently 46,378,525 shares in issue and the average daily traded volume is 372,246 shares. The market capitalisation of Altitude is £34,088,215.88.
17/2/2017
12:53
scanjet17: The share price is behaving exactly as one would expect from an instrument of this type. The initial bubble has burst and reality has set in. Just as a hot air balloon drifts lower with the burners off, the price will slowly drift lower in the absence of news. All that is required is for the dream to demonstrate reality. Then,the price will reflect investers instincts and hopes as the burners are reignited and the share price rises. All newbie investors and gamblers should compare a shares price to the actions of a hot-air balloon. It's the way it works...
14/2/2017
16:57
aishah: Chairman bought 55k @42.85p back in September. On 3rd Oct company (previous session close=54.25p) issued Statement re. Share Price Movement: "The Board of Altitude has noted the increase in the Company's share price and confirms that it knows of no operational or corporate reason for the movement which has not previously been announced." Have set alerts for a possible entry point around the 40-50p mark. Imo,dyor
14/2/2017
10:50
andrbea: a reminder of a post from Jan 27 bestace - 27 Jan 2017 - 01:20:19 - I'll make no comment about historic share price movements; I consider that to be irrelevant and the gnashing of teeth over the last couple of days as pointless. However your comments about it being reasonable to expect some real numbers from the company and about making spreadsheets has prompted me to bash out the following, which has turned into a bit of a disquisition. Over the years so many companies have been brought to the AIM market which had a good story and a seemingly credible management. With hindsight many of those companies turn out to be flops led by salesmen in shiny suits selling snake oil in the form of a story of jam tomorrow that never arrives, and whose talents lie in being able to string along investors while they extract as much personal benefit from mug punters as possible. But sometimes the story is real and the directors are genuine and credible and the jam promised for tomorrow really does arrive, and I see it as my job as a private investor to try and sort the wheat from the chaff (excuse the mixing of food-based metaphors). For me, ALT is currently a stock with a good story with potential but not much more. When a story stock comes along I see it as imperative to take a dispassionate, critical view of the story and of management claims, to see whether it stacks up on a financial basis, having regard to the risks that may waylay a perfectly valid story before it has had a chance to deliver the jam. A necessary part of that process in my book is to build a spreadsheet and put some pro forma numbers together to calculate revenue and profit projections into the future. Such spreadsheet models are never spot on accurate, but that’s not really the point. The aim is to get a feel for what is possible, and by setting out all the key inputs behind the business model it quickly becomes obvious where and how profits are sensitive to the key drivers and assumptions, and what is not so important. For ALT, several different bases of calculation have been bandied around, i.e.: - 0.25% of market = $60m profit to ALT (from yesterday's presentation –; SH post 1650) - 1% of market = $156m revenue to ALT (ALT presentation to SCSW on 28 December –; see SH post 1063) - $1bn sales = $100m contribution to ALT (email from MV to SH earlier this month –; see SH post 1087)
11/2/2017
15:27
scanjet17: 15p to 90p in 6 months doesn't make for a growth share. The price has obviously grown as did the price of tulips in the past. Now, if in 7 years time we are still on here discussing the steady rise in all the stocks parameters that go to make a true growth share and you are wondering what to do with the ever rising yield etc( I suggest re-investing it) we would actually be discussing a real growth share. You will also be considering if you should sell a few given the massive rise in the share price and use the proceeds for the next Altitude you hope you've spotted. Alternatively you may prefer to hold the lot for a few more years and compound even more. Failing that there's always red or black..... I know what works for me and will let you get on with your own strategy now, whatever it is. Good luck.
27/1/2017
01:20
bestace: buzztrader, I'll make no comment about historic share price movements; I consider that to be irrelevant and the gnashing of teeth over the last couple of days as pointless. However your comments about it being reasonable to expect some real numbers from the company and about making spreadsheets has prompted me to bash out the following, which has turned into a bit of a disquisition. Over the years so many companies have been brought to the AIM market which had a good story and a seemingly credible management. With hindsight many of those companies turn out to be flops led by salesmen in shiny suits selling snake oil in the form of a story of jam tomorrow that never arrives, and whose talents lie in being able to string along investors while they extract as much personal benefit from mug punters as possible. But sometimes the story is real and the directors are genuine and credible and the jam promised for tomorrow really does arrive, and I see it as my job as a private investor to try and sort the wheat from the chaff (excuse the mixing of food-based metaphors). For me, ALT is currently a stock with a good story with potential but not much more. When a story stock comes along I see it as imperative to take a dispassionate, critical view of the story and of management claims, to see whether it stacks up on a financial basis, having regard to the risks that may waylay a perfectly valid story before it has had a chance to deliver the jam. A necessary part of that process in my book is to build a spreadsheet and put some pro forma numbers together to calculate revenue and profit projections into the future. Such spreadsheet models are never spot on accurate, but that’s not really the point. The aim is to get a feel for what is possible, and by setting out all the key inputs behind the business model it quickly becomes obvious where and how profits are sensitive to the key drivers and assumptions, and what is not so important. For ALT, several different bases of calculation have been bandied around, i.e.: - 0.25% of market = $60m profit to ALT (from yesterday's presentation – SH post 1650) - 1% of market = $156m revenue to ALT (ALT presentation to SCSW on 28 December – see SH post 1063) - $1bn sales = $100m contribution to ALT (email from MV to SH earlier this month – see SH post 1087) All of these calculations are sourced ultimately to the ALT board (and MV specifically?) so you would think they should all be consistent with each other, but I’m finding it difficult to reconcile between them; it doesn’t help they are referring separately to revenue, profit and contribution! As it is, these calculations appear to be inconsistent with each other based on the information we have available to us. What I find frustrating is the lack of clarity about what the various numbers represent. I’m sure it would help having access to a comprehensive broker’s note which has crunched the numbers with guidance from the company, but that’s obviously off the table to us plebs. Questions I have about the above include: do references to percentages of ‘sales’ or ‘the market’ refer to the $22bn market or to the smaller chunk that represents the printers’ income? How does the 2.4m figure for ‘web stores’ in the SCSW slide relate to customer and distributor numbers? Do the various numbers quoted for customers and distributors refer to the Aprinta deal, the AIM deal, both or the whole market? What is the profit share that ALT earn on these deals? Is this based on the distributor’s gross margin or the printer’s? How is gross margin defined, e.g. how are sales taxes and other direct costs accounted for? What is the anticipated rate of roll out? To an extent, I fully appreciate this is not seeing the wood for the trees. Take any of the above methods, do the maths and it ends up as a Very Big Number compared to where ALT is now, and if you’re happy with the execution and competition risks, perhaps that should be enough to invest. But to me this all raises some questions, if not about the management themselves then certainly about their ability to communicate and clearly articulate their business case. Often the snake oil salesmen I referred to earlier use deliberate obfuscation as a key part of their toolkit, I would like to think that is not the case here but I still need some convincing this is more than just a good story. Given all this, I’ll remain sceptical unless and until ALT can demonstrate that the business and financial numbers stack up and that they are getting some traction in the form of website roll outs and free cash flow. Given where we are in the story, I expect this to follow fairly quickly. For any lawyers reading, I am emphatically NOT saying that ALT fall into the snake oil category.
26/1/2017
19:09
stephen1946: You silly man, sorry person. RNS statements are issued to keep you informed of company business and progress. An RNS was issued by Altitude on 3rd OCT 2016. In that rns, investors, you and me, were informed by the board, including Mr Martin Varley, that they knew of no reason for the rise in the share price of 64% to 88.97p. That in itself was a warning from the company that the share price was not backed by any specific events but more by supposition. On that basis, only 4 months ago, investors needed to be careful how they funded their investment strategy. For anybody to be constantly whinging about the risks they took is both infantile and reckless. Take a deep breath and stop being destructive to youre own self esteem. Mr Martin Varley and the board have been open and available to answer all critics of any of their decisions. As yet, as far as majority are concerned, you sir, P.I. are alone in a state of utter madness and castigating a true professional, guilty of nothing other than making altitude holders rich. You should be ashamed of yourself.
26/1/2017
18:49
buzztrader: Wow,what a rollercoaster ride today.I think the price needs to take a breather and one needs to assess what we have learned so far.At the outset, let me mention that I have been a SCSW subscriber for more than 20 years.I am also an Altitude shareholder.The share price was 8p at its 52 week low. Jumps up 200% and is tipped at 24p by SCSW. The numbers quoted by SCSW are all suggested by the company. Makes great reading and is a steal at that price. Not surprisingly the subscribers jump at it especially when SCSW compares it to 4imprint.Goes shooting up to 80p ave now 1000% from its all time low.Then it is tipped as its new Year tip and the presentation takes it to 144p,1800% up from its low.No change in actual numbers anywhere but a 1800% rise.The brokers have not put anything new to justify this price rise.Is it not reasonable for the market to expect some real numbers to justify the rise?By making spreadsheets from the SCSW numbers who in turn have been fed by the company,one is at the risk of extrapolation.Obviously Sheepherder is very informed and summarised quite eloquently his attendance at the meeting.But there are other issues here which affect all tech startups viz cash burn, barriers to entry, no money to protect your patent.I hope it all goes well but in my opinion, the lower share price was a steal but at these prices, there has to be some justification for which there is none yet with hard numbers.To me, a loss making company which goes up 1800% is a pie in the sky unless proven otherwise.This will be a long drawn out affair with fund raising as well.I hope this is taken as a constructive contrarian view and sparks off a sensible debate which as private investors we should all be involved in using such forums.
23/10/2016
21:21
allstar4eva: Old but interesting..."Chairman speaks on Altitude gains06 September 2016, 11:27Altitude (ALT:AIM) chairman Peter Hallett attributes recent gains in the micro cap's share price to the market cottoning on to the potential of two contract announcements in June and August.Shares in the business, valued at £20 million, have soared 116% in the past week even though no public announcements have been made to the stock exchange.Hallett pointed to two contract updates in June and August, as well as an online article published this week, as potential reasons for the share price gains."
03/10/2016
10:41
aishah: Altitude Group PLC 03 October 2016 ALTITUDE GROUP PLC ("Altitude" or the "Company") Statement re. Share Price Movement The Board of Altitude has noted the increase in the Company's share price and confirms that it knows of no operational or corporate reason for the movement which has not previously been announced.
09/9/2016
09:21
ggbarabajagal: Chairman speaks on Altitude gains 06 September 2016, 11:27 Altitude (ALT:AIM) chairman Peter Hallett attributes recent gains in the micro cap’s share price to the market cottoning on to the potential of two contract announcements in June and August. Shares in the business, valued at £20 million, have soared 116% in the past week even though no public announcements have been made to the stock exchange. Hallett pointed to two contract updates in June and August, as well as an online article published this week, as potential reasons for the share price gains. ALTITUDE GROUP - Comparison Line Chart (Rebased to first) In August, loss-making Altitude, which provides software-as-a-service products (SaaS) for small and medium-sized businesses (SMEs), signed a distribution deal with AI Mastermind (AIM). US-based AIM is a buying club for SMEs which claims to be able to offer bulk discounts on services like Sage accounting software. Under the terms of the deal, Altitude will provide AIM members with an e-commerce website and will receive a share of gross margin on orders processed through the platform. In July, Altitude signed a similar deal with Rochester, New York-headquartered Aprinta, which provides promotional materials to businesses like self-branded stationary, mugs and torches.
Altitude share price data is direct from the London Stock Exchange
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