Another hidden post.
Let me guess… fears of US recession… ALT will struggle to get more gear shop sales… blah blah
Well that is at least a bear case if you want to knock and ignore the actual business growth.
But perhaps its the reporting thing again. “The Market” doesn’t like it. Someone should be fired…
Or perhaps its attributing the share price drop to the business, rather than the global drop this week. |
Any updates that make current share price fair value - your thoughts would be appreciated. |
Hmmm - let me think - its tricky but I bet I know what those posts say.
Oooh there’s been an advfn update - now I can’t see that they even exist at all. That will make some other threads readable that kept getting spammed. |
Well Yump the drop in share price goes on being on.its way to 20%. |
A 15% drop in the share price shows there is an issue arising from the lack of clarity on ALTs updates. |
The recent mishandling of financial reporting is as bad as one could imagine. The management of ALT should consider what they have done and those at fault must pay a price. This debacle after generous share awards is hard to swallow for shareholders. |
They know. They MUST know. Basic market research. They'll have it baked into their budgeting process, forecasting growth expectations.... They're just not stating what it is - and I ask again why? Must be a combination of lacking commercial confidence in the face of managing market expectations. |
Surprised? I was astonished. 🤨 |
I asked the question about total number of students served by Gear Shop contracts. I am surprised they didn't know the answer. |
Agree. I asked the question but didn't get an answer - do the 7 new gear shop contracts signed in the current FY make the total now 26, or are they within the 19. |
How many times do we get told “we have the foot on the gas”? A lot of repetitive rhetoric hungry relentlessly delivering etc etc, however I still believe this company has very good potential for growth so will be keeping my investment.
S |
They don't give any indication they have gs targets. They've ducked 3 questions which are all asking the same thing. Why ? |
Good answer on the exit of 3 contracts I thought |
7 new gear shop contracts so far in new FY. Tenders now emerging across the year. |
Sweenoid
Not sure but 2 of the 3 might be the 2 small online ones.
Anyway pretty irrelevant overall. It may be they got the low hanging fruit last year and its more difficult to get the larger contracts that they are aiming at. If they get a couple of those I’m sure they’ll announce.
When they actually do something wrong or run up against a brick wall, I might sell.
Until then there really isn’t a problem. |
Well I for one trust them both Nikki is superb and achieved excellent results Look at the figures Amazing consistent growth |
Yump- if you. Think ‘ They lost 3, gained 7 since March (15 then) - hopefully presentation will say more. Hence 19 total now.’ is impressive then that’s surprising- “ well it isn’t given the rhetoric! A churn of 3 so early in the roll- out is worrying. Once again they repeat that ‘substantial’ business via Gear Shop is possible this FY, well adding un effect 4 Gear shops in a year is pretty pathetic and note no mention of the size of the ‘schools’; we know 1 of them has 10000 students but the other only 2000- not big earners- their penetration this year is minimal
The big question for me with my substantial investment is do I trust the CEO and CFO to deliver
🤔🤨
S |
Patient long term holder here. I think time horizons are critical here. This morning's trading suggests a loss of confidence from those who were expecting more immediate excitement from gear shop. That is understandable as this was the impression created by the tone of previous statements and also presentations. I hope that management improve the way that they explain potential upside of the model without generating unrealistic short term expectations. Subject to listening carefully to tomorrow's presentation, I'm inclined to think that the medium/longer term perspective remains strong and Zeus valuation (66p) is realistic/slightly conservative. |
For anyone who actually IS interested in the actual business progress…
There are apparently still possible gear shop contracts in the next few months.
They lost 3, gained 7 since March (15 then) - hopefully presentation will say more. Hence 19 total now.
I can’t figure out where the amortisation of intangibles and goodwill numbers have come from - presumably acquisitions of customers and/or business. They’re pretty significant.
Be interesting to find out what competitor response is to the gear shop growth. |
Seangwhite
Don’t be silly, that is NOT a market reaction unless you habitually sit on the day trader’s edge of your seat minute by minute. |
Sell the shares then sweenoid, don’t torture yourself.
I would be very pleased if even one of my other shares was growing at this rate over a year or so in new markets. I would also be pretty pleased if I was responsible for the growth. |
The market reaction shows the way the market views the BOD"s continued opaqueness. Praising management performance and giving no explanation of $2m revenue miss takes some beating for arrogance. |
Bit harsh Sweenoid on gear shops. Note this from rns: With additional multi-year contracts already signed this financial year, we view this as a crucial area for substantial growth in both the short and long term for our Group. |
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