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
  -3.50p -2.76% 123.50p 122.00p 125.00p 127.00p 121.50p 127.00p 99,491.00 15:09:54
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 4.5 -1.2 -2.9 - 55.42

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Date Time Title Posts
18/1/201718:20Altitude the only trade you'll need.1,419.00
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 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 127p.
Altitude has a 4 week average price of 101.65p and a 12 week average price of 87.88p.
The 1 year high share price is 129p while the 1 year low share price is currently 8p.
There are currently 44,878,465 shares in issue and the average daily traded volume is 306,880 shares. The market capitalisation of Altitude is £55,424,904.28.
stephen1946: With the greatest respect, the presentation is a token gesture. The Board will have been discussing the timetable regarding the progress or otherwise of the various joint ventures for sometime and i very much doubt that the press will be considered,, irrelevant, they are the lifeblood at this stage of ALT growth, at the same time i dont denigrate the role or purpose of investors, more i am saying, even we, the investors want to see as much press coverage as the board can muster. We, investors, have already been convinced, i for my part now want to see others being convinced to buy into the venture and increase the worth of my investment. Remember also, most on this thread bought in at much lower levels than £1.26, now it is a "risk" and big losses can be possible once this keeps climbing, not many P.I. can risk 20k on a speculative aim stock, press coverage can allay those fears to a very large extent, plus convince investors that more growth is possible, £1.26 is not the top, there is plenty more potential for a much higher share price. Imho.
sheep_herder: Yes, *my understanding* is that those 2.4M customers are for the 41K Aprinta distributors but I may be wrong. That works out to an average of 58 customers per disti which doesn't sound too far off. I don't think the market will get spooked by a lack of detail as the share price is up on no detail anyway. But I do agree that numbers are needed because my spreadsheet is telling me crazy stuff. I think it's drunk. If you take the contribution level as 10% of disti sales (from ALT's presentation), just getting 4K distis with 58 customers each buying $500 per year gets you to 27p EPS.
sheep_herder: OK, this is what I'm sending to Martin unless there are further requests or clarifications... Shout if you think I've missed your question. I've tried to group the questions into related blocks. ----- Understanding the market The following is my understanding of the current opportunity. - The promotional goods market in the US is c.$25B - Only $1B of that is currently being sold online due to fragmented resellers who can’t afford to invest in building an online business. - If ALT could enable enough PPD’s to do $1B online between them by supplying free tools to convert 5% of their business, that would equate to a contribution level of $100M. 1. What is it that prevents this $24B market from investing in their own online business? Are the majority very small businesses that lack the skills and funds to create an online presence? 2. How many distributors make up this $24B market? 3. What is the average revenue for these distributors? 4. What is the margin breakdown for a distributor and a printer? Or perhaps another way of looking at it given the numbers above is it a good approximation that ALT would get a contribution level of 10% of the sales total? 5. How much of the $24B market is addressable by the tools that ALT are providing? 6. Is the 5% a realistic conversion rate or a pessimistic example? 7. Are you concentrating on the US market only or will you roll out the products to other regions? Aprinta/AIM Deals 8. The latest SCSW article noted that there are currently 22K distributor website live. Is the plan to enable all of the 40K+ distributors in these two deals? 9. If the above is true, what timescales are we looking at to have all websites enabled? 10. How many customer websites does this equate to? 11. What is the engagement level from the websites that have gone live? Are you receiving good feedback and are orders being placed? 12. What is the total yearly revenue attributable to the distributors covered by these two deals? 13. Do you envisage growth in this total as a direct result of the distributors using these new online tools? 14. Are you expecting a linear or exponential ramp in revenue from these enabled websites? 15. When the Aprinta deal was announced, Billy Dolan was quoted as saying Aprinta had plans to double their printing capacity during 2017. Was this as a direct consequence of the deal with ALT or were they already expanding? 16. Are there further distributors in the pipeline who are being targeted? Business Model 17. The traditional model was to charge a subscription fee to the users of your software. Will you be migrating current customers to the new revenue sharing model? 18. What are the costs involved in enabling these distributors? Will the costs remain largely consistent with what has been reported in previous accounts? 19. Given that the development of the product has been completed, am I right in assuming that the costs involved from here on are purely maintenance and therefore minimal? 20. Assuming the above two costing points are true, does that mean that your free cash flow generation will be spectacular? 21. What do you intend to do with this cash? 22. FOUR seem to return 50% of their operating cashflow to investors in the form of a dividend. Can we expect a similar return? Future Business 23. The latest SCSW mentioned that you are trying to set up a “B2B Amazon”. Am I right in assuming this means a central B2B website that connects all the promotional goods distributors? 24. Are there other markets where you can apply your C2S software outside of the promotional goods space and is this something you are targeting now or will postpone until the roll out of the current project is complete? For Fun 25. Do you see any negatives from being an AIM listed company in terms of convincing institutional investors to invest in the company? Would a full listing be something you would like to see occur? 26. You were quoted in SCSW as dreaming of a £5 share price. Is that your ‘preference217; for this year or next?
sheep_herder: ALT QnA How long before we have a dividend the size of the current share price?
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."
sja123: Worth re-reading this piece from the results RNS: We were delighted to announce two major contracts in the current financial year. On 14 June we announced an enterprise level technology agreement with Aprinta Group ("Aprinta") of Rochester New York USA, a leader in the provision of screen printing and promotional product supply to approximately 40,000 US distributor. This was followed on 5 August 2016 with the announcement of a technology partnership agreement with AI Mastermind, a leading US buying group serving more than 1,000 large promotional product resellers in the US (together the "Agreements"). The Agreements provide the Company with immediate access to large numbers of distributors in the highly fragmented personalised and promotional product, signage and printed wearables industry within the USA, a market estimated to be worth approximately $22 billion per annum. As a result of these enterprise level agreements, Altitude is able to provide its unique and comprehensive "Click to Ship" online trading platform to large numbers of distributors through a single point of relationship. Such distributors have historically been reluctant to make the significant investment required to establish such a comprehensive online capability. We believe the Group's ability to provide a combination of bespoke integrated, hierarchical (grandparent, parent, child) websites, product catalogues, product visualisation and production-ready artwork functionality and a CRM/ERP solution, to these users, with no upfront charge, is compelling and potentially market changing. In addition to the potential for increasing both the supplier's and the distributor's business, the operational efficiencies which the "Click to Ship" model delivers, also encourage the acceptance of Altitude being remunerated on a rebated or commission based share of throughput revenue. This basis of trading is the strategic priority of the Company, and the two Agreements are the first of a pipeline of similar opportunities we are exploring. We are currently beta testing the first batch of "Click to Ship" website solutions, and expect the first customer site to go live towards the end of October 2016. We expect the sites to be earnings enhancing from customer activation, however the initial scale and speed of roll out will be carefully managed and evaluated. We believe that the "Click to Ship" model can be adopted for the UK market, where we already have a solid presence, which whilst a smaller opportunity than the US, is still potentially significant for the Company.
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.
value king: Unfortunately I never bought ALT on last month's tip and have been waiting for a dip to buy on but keep missing the boat, I have only secured a small few on the last retrace of the share price. Hopefully they don't move too quick on Monday. I do hold a sizeable amount of FOUR though, which I've held for a long time having bought below £1 in 2009 after the market crash. Has more than risen 20 fold in that time if I include my dividend return which is still running at 2.5% and growing fast. Like ALT they are nearly all US revenues and will be benefiting from the weaker GB pound. They don't have anything like the margins ALT will have from their software sales though. If ALT can part emulate that performance they will still prove a very worthwhile holding in my estimation, even if I have only got a small amount.
ihatemms: The potential of this stock could be spectacular. There is a free float of only 25% of the stock - so only about 11 million shares with 75% held by directors and institutions. The strong hints are that there will be a lot more contracts with distributors signed in the next few months. The gorilla in the sector 4imprint - did sales of circa £382m but only profits b4 tax of circa £24m yet it is valued at over £450m - the PE is circa 25. Alt is valued at the moment at only £17m. 4imprint looks like to be carrying o lot of heavy cost as margins are quite small. Varley has removed all the cost from Alt and it likes a very lean operation with the potential for much higher margins especially given the way they are setting up contracts as a 50:50 gross profit cut. If this does profits of say £5m next year- pe of 12 value at £60m- share price £1.40 2018 profits say £10m pe of 15 - value of £150m- share price close to £4. It's easy to see why SCSW and directors are excited about the prospects for this stock. I certainly intend to buy more- b4 the masses arrive.
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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