Gear shops up to 22 colleges according to its website. |
Totally mad to sell . This is an AIM issue also . Look at the business . ALT is trading better than ever. Profitable and growing .. to sell is madness |
Agreed totally |
A 2 year low? Try 6 years |
The US is going well and will continue to do. ALT should rise on the back of this. Hold tight as the future looks brighter |
I would also put ALT in the same category. Very cheap small cap, undervalued. Not about to start selling due to a dip in the market. ALT still performing well and will likely return to 40p plus as market recovers. Selling at a 2 year low after holding for so long is mad, just IMO |
I actually agree Chas. Four update was very positive for the US sector. I think Gear Shop may have won a new Div 2 college (job advert was taken off LinkedIn yesterday). Have bought a few. |
Napoleon, I respect your decision to ditch. Share price has terrible momentum and performance. BUT you might remember that the management bought at 43p. Previously the CFO paid 48p. ALT offers good exposure to the strong Trump economy and dollar, which I want a part of. The US promo industry should enjoy good growth after a flattish period. ALT's market cap of £18m seems ridiculous given reasonable growth potential. First half results to Sep 24 were good: revenue +24%, gross profit +8%, diluted EPS +16%.
FOUR gave a good trading statement yesterday and the shares at 5600p have bounced more than 15% from 4800p earlier in Jan. Yes there is a difference in size and quality.
IMO ALT will recover some time this year. GLA |
2019 i ditched this. I can’t believe the same people are still here 5 years on watching a share price dribble down lol |
The problem is the AIMIronic when the business is profitable and doing so well It is worth way more than this sp |
No regrets at selling the profitable balance at 27.5p on 191224
as ALT (bidable @ 30p?) has the small cap share price weakness, rife in 2day's mkt.
Fin fundies look ok, & I might well return at some point.
________
Might get a rash of bids on small caps, some of which look very cheap.
It would be good, as providing a base for the sector(s). |
SP at a 2 year low. Hmm. |
You and a few other long term shareholders. |
Sold the last of mine yesterday.
I like the company but not the shares! |
I'm sensing a change in appetite for small caps. Let's see what 25 brings. |
Hardly any trades leads to exaggerated movements. Main issue is no appetite for small business shares at the moment. |
2 year low on the chart. And no Director buying. |
After earlier disappointments with the speed of contract wins for Gear Shops, I think the market has adopted a “Show us the money” attitude to Altitude.
I fear that the shares will do little more than tread water until actual financial evidence appears to support the progress we are being assured is being made. |
I couldn't agree more daveme. ALT is scaling up and has made "strong operational progress" in H1. Particularly for Gear Shops and the statement refers to "continued accelerated expansion in the coming year and beyond" and a "robust pipeline". I wonder if a Private Equity buyer might accelerate this further? Nevertheless, ALT is financing growth comfortably with only net debt of £0.6m with facility headroom of $1.8m.
However, ZEUS only forecast revenue of £50.6m for year end March 2027. Though the management are targeting $100m? So maybe ALT won't gather much PE interest for a while. I hope not.
ZEUS's sum of parts valuation is 66.1p per share. This might be upgraded after full year results next year especially if the US economy goes on a roll.
I remain a strong holder of the shares. GLA |
I think Sauron’s eye might be nowhere near looking at small AIM stocks for some time. Wormtongue might be poking around in a couple of years once recurring revenues appear from the gear shops.
The market will pick up - when is the problem.
We could do with a more enthusiastic PM and sidekicks. |
If you hadn't looked more closely you wouldn't have realised ALT had issued their results today. The share price is unmoved and, according to ADVFN, only 52K shares have been traded.
This share is totally unloved. You got to ask whether they benefit from being listed at all. I wouldn't be surprised if this is taken private. Almost certainly, once progress starts snowballing, I can see someone coming along buying us out and grabbing the spoils, leaving us all shafted. |
Seems two decent buys last night ? |
The Group's disruptive collegiate Gear Shop solution continued to expand in HY25. Since the Trading Update on 15 November 2024, the Group has been awarded a further contract. Additionally, the Group has successfully launched its 8 previously reported contracts and commercial trading within these spaces has commenced. As the new tender season has launched, we have a robust pipeline, which is benefitting from expanded strategic relationships. We now have a total of 21 Gear Shop contracts at 24 locations with expected annualised average revenues of c$10m.
Added a few at the open. |
Good to see a new gear shop contract since the last update. On balance, the share price deserves to go a bit higher from here. |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
