Altitude Share Discussion Threads

[seangwhite] 21/5/2020 20:47

The unemployment update today in the US show what is facing the economy. Hope the attempts in the US to reopen will not reboot the Covid 19 epidemic and lead to an increase on the reported infection numbers.

[northwards] 21/5/2020 16:00

Four is starting to rebound well - hopefully a good read across for us.

[seangwhite] 21/5/2020 14:46

My view is that if the US is properly starting to be opening up it would help for ALT to confirm some sort of recovery in business activity.

[napoleon 14th] 21/5/2020 13:43

Coronavirus update? Yes, why not? A statement in June about it would seem sensible.

[robbnw] 20/5/2020 23:07

I don't think so tbhWhy should they

[northwards] 20/5/2020 20:50

Sneaky feeling they might.

[seangwhite] 20/5/2020 19:55

Do you reckon that ALT will give any guidance before the July end of years numbers are out. I hope they do as it would help to raise interest and the share price !

[northwards] 20/5/2020 19:39

All 50 US states in process of opening up.

[robbnw] 20/5/2020 17:57

What a great day for ALT getting close to 40 p again !!!!

[robbnw] 18/5/2020 22:08

Yes back to 33 p frm 17p low since Covid started Let's see the us economy kick start now

[northwards] 18/5/2020 22:02

Looks like the pace of the US opening up is speeding up.

[seangwhite] 18/5/2020 19:17

Rob - do you mean by 'back at 33p' as going up from the 17p low - or reflecting on it being down from the more recent 50+p levels.

[robbnw] 18/5/2020 17:48

Loads of time yet And with no news we are still back at 33p

[northwards] 17/5/2020 19:09

This is what the company has formally said:'The full year report and accounts for the 15 months to 31 March 2020 will be published no later than 31 July 2020'.

[seangwhite] 17/5/2020 18:52

I forgot about the change in year end from December to March giving the 15 month accounting period. I was just thinking they might give the 3 months to March numbers as a form guidance.

[northwards] 17/5/2020 16:00

I guess you mean Q5 in reality? Given 15 month numbers could be out in 6 weeks, my sense is the company will wait until then - but you never know! Plus current trading will be a bit clear come July.

[seangwhite] 17/5/2020 15:01

Thanks North O was wondering if they might give an update on Q4 trading rather than the 12 month figures.

[northwards] 17/5/2020 12:42

I think full year to end March is due c July.

[seangwhite] 17/5/2020 12:24

Anyone know when ALT will come out with the last quarter numbers.

[thebigshortfella] 16/5/2020 16:35

No need to apologise robbnw! I agree with you that ALT will ultimately come good. Have a great weekend! 😀👍

[robbnw] 15/5/2020 17:52

Got it big ShortApologies re the name I actually can understand you now Yes Alt haven't been great on the quality of their updates but behind the updates they are solid Trump will ensure the US economy is opened He has no choice with an election looming I am sure once that happens ALT will start rising Those that bought at 17p again ( and I was one ) will have averaged down wellI honestly believe we will be back on track once we are past Covid Fingers crossed I'm with manny also Spot on

[thebigshortfella] 15/5/2020 14:43

Robbnw - you really are primed on my name. You keep bringing it up and I keep telling you that I have never done a short. Capeesh? As I highlighted previously, I had a long on ALT that by luck expired before the drop. No skill on my part, just lucky. You are right though that I have been negative about ALT, because I believed it would take longer for them to execute versus expectations. Based on the performance of the share price, clearly I was wrong... As I have been saying more recently, but you don't seem to be getting, I am positive on ALT based on the last update. Unfortunately, COVID and a recession has turned up. If they hadn't, I would be going long on ALT without a doubt. I love Manny's idea of a listing on the NASDAQ and clearly this would be a good way for Nicole to hit her strike price. I can see it happening. But when? Considering that the majority of ALT's updates have been badly received in the past, despite them getting closer to delivering, I am happy to sit and wait to see if COVID, recession and a poor update will drive ALT further down. I understand that you and all holders would prefer this not to happen, (although it would be a great opportunity for you to average down), but I am not responsible for your trading decisions. Northwards - the monkeys must be ecstatic! ;-)

[northwards] 15/5/2020 13:21

I see Oxford University announced today it has been successful in creating a Covid antibody vaccine in monkeys. important step forwards.

[northwards] 15/5/2020 13:15

Numbers for January, February and early March will be important to further evidence the model is working. As I've said previously, the new promo market in ppe is helping the industry ... to a degree. The question is, how much. Covid is also driving the industry further online - good for alt.