Altitude Share Discussion Threads

[ihatemms] 06/4/2017 09:09

If anybody wants to look at the massive potential for ALT in the USA just consider this - FOUR (4IMPRINT) acquired 240,000 new customers in 2016 alone (from their Annual report). ALT just needs to convert a small fraction of existing Aprinta and AI Mastermind customers to achieve high returns - never mind acquire new customers.

Prelims just a few weeks away now . New customer sites been opened since 13th February. May get an indication of early take-up

[thebigshortfella] 05/4/2017 17:00

velod - LOL :-)

[velod] 05/4/2017 16:15

I tip my hat to you tbs/fella and rechristen you:
The Riverboat Gambler
:)

[steveo18] 05/4/2017 16:14

Reckon the uptake will be good
I attended the presentation in January and you could see the excitement in martins eyes

[thebigshortfella] 05/4/2017 16:08

velod - it sure is. I was wondering if I was going to get stopped out today. So happy to see the share price stabilise. I am slightly concerned what the impact of the forthcoming French election may have on the market though...but no point worrying...Just need to set the stop at a comfortable position and hope for the best...

Nope - it runs until September and then closes. Hopefully, this is enough time for Altitude to execute on their strategy and confirm that it is working and for the share price to go northwards.

Nope - it's more than 2% but I don't do any trades where I "bet the house" or where I will end up in the street. I have another trade that I am using as a hedge where I am up and I am hoping that it will also jump higher on positive news. So if Altitude falters hopefully I will come out without an overall loss.

I am a big believer in Altitude. They have a first class management team and I believe that they are right on the big opportunity and their disruptor approach (they really understand their market) and, most importantly, have the skills to make it happen. Whether they can make inroads before September though I am not so sure. But I don't want to be saying "I should have", so I got in this week for not an insignificant amount.

Best of luck fella.

[velod] 05/4/2017 15:32

Afternoon is looking a tad more positive for the share price tbs/fella.

. . . Is your spreadbet one of those monthly calls where you have another month or so to let it run before deciding to roll it over or not?

. . . PS. I hope that £7k+ current loss is equivalent to only 2% or so of the entire funds at your disposal.

[thebigshortfella] 05/4/2017 15:23

stephen1946 - LOL well you would hope for something not so black and white, but these are the markets and we all know Ben Graham's view of Mr Market which can be summarised as "emotional, euphoric, moody" without much in-between. A bit like this board. ;-)

So make sure you have your stops set but perhaps not to tightly.

Just to be clear I am currently running a £7,200 loss on my spread bet so I am hoping that the market turns euphoric. :-)

[stephen1946] 05/4/2017 15:04

The full picture therefore is
With decent update, shares will take off, vertically.
With disappointing update, shares will suffer altitude sickness and plummet.

[thebigshortfella] 05/4/2017 14:44

velod - In their March update, Sharewatch highlighted that its still early days for the 22,000 Click2Ship websites that are now live. They also wrote that Zeus (who floated Altitude 12 years ago) had options and exercised 1.5m of shares, but did not place them out to the market in an orderly fashion which may have lowered the share price.

There last point was that if Altitude provide a decent update on the performance of the Click2Ship sites the “shares will take off almost vertically” but they did not have any insight on how well the sites are performing. Hopefully it won’t be too long for us to find out...

AISHAH - I agree! Remember though that Sharewatch run a portfolio and they need to have free cash to invest in new opportunities, i.e. they were complaining in the April issue of only having £89 to spend...Ultimately, Altitude was one of their 2017 NAP tips and they remain a holder, so they expect/hope that they will do well this year.

[aishah] 05/4/2017 14:38

The astute editor of SCSW claims to have sliced at 100p having bought at mega lows. Nice!

[sheep_herder] 05/4/2017 14:34

stephen, take a look at any number of share price movement RNS' where the company says something along the lines of, "We know no reason...". Pick say 10 recent ones that you can find. Now tell me how many of those ended with, "...which has not previously been announced.".

Also, look at any of the SCSW tips and you'll see the familiar pattern of it racing to new highs followed by a pull back.

[velod] 05/4/2017 13:41

@ ts/bigfella - Thanks for highlighting Zeus, no I did not know about that.

. . . Cash on hand as a total, as far as latest accounts show, are about half that Zeus amount you mention at just a couple of hundred thou. So need a full trading report to get a true up to date picture. Cash on hand in (or approaching) 7 figures would be nice.

. . . Tried to find info on the Zues deal but out of time. Got sidetracked with "if" comments by the CEO.

. . . "if the take-up is just 1% etc., then we will make × amount".
. . . Future "gazillions" quotes by the CEO all disconcertingly - If, if, if.

. . . Have absolutely no reason to dispute the forecasts but all-in-all it's pretty much like me saying: "I've done pretty well to date, and IF my investments planned for 2017 come to fruition, and IF I should continue with the same success, I should become a millionaire in due course".

[stephen1946] 05/4/2017 12:40

This is the conundrum, aishah in post 2407 tells of company announcement, "the board know of no reason etc etc. Yet the company broker/nomad sees fit to put a valuation far in excess of the company share price,
My question, dont these 2 talk to each other? If they do, how do we get 2 conflicting views?

Without being anything other than inquisitive, the recent activity in Alt is very very similar to many P&D activities regularly played out on the highly suspect, untrustworthy, aim market.

[inlovewithaltitude] 05/4/2017 12:37

We should be getting a notice of results RNS soon and mayebe evene Aprinta type deal

All looking good for ALT...

[sheep_herder] 05/4/2017 12:33

While we're waiting for news here, I'm going to see if the cup&handle keeps forming on FOUR and see if it blasts through 1900p.

[luisfrg] 05/4/2017 12:22

As I've previously said this is massively undervalued should break highs before too long...just topped up

[inlovewithaltitude] 05/4/2017 11:01

WH Ireland note last year

Altitude Group is a provider of technology to the print and promotional products

sector, a market worth $22bn per annum in North America alone (source: ASI). With

the heavy lifting of a substantial reorganisation and cost rationalisation programme

now complete, the focus is on a new value-based revenue share model with

Promotional Product Distributors (PPD’s), providing them with the technology to

compete alongside established industry players such as Vista and Staples who are

gaining market share.



Our SOTP valuation for Altitude of 80p is based on some

highly conservative assumptions around adoption rates of this new model. A less

conservative approach sees value in excess of 300p per share, although even this

could be surpassed if other partners jump on board.

[inlovewithaltitude] 05/4/2017 11:00

someone bought 95,000 last night, i guess he knows something

[inlovewithaltitude] 05/4/2017 10:59

Martin must be raking it in with the Click2Ship income
All electronic working, 100pc gross margins i suspect

if they say how well its going this will double i feel

[chester] 05/4/2017 10:58

61% Fib retrace of the whole move = 58p. That was the low today.

[inlovewithaltitude] 05/4/2017 10:53

news coming i feel

you snooze you loze


back to 140p soon i hope - was 140p in jan

Added and added

[thebigshortfella] 05/4/2017 10:49

velod - are you including the £700k that Altitude received when Zeus exercised their 1.5m share options earlier this year?

[velod] 05/4/2017 09:55

Was looking at the cash on hand -utterly terrifying. Think I keep more spare cash in my back pocket.

. . . Still these ultra small caps are not really my thing so treat this post in that context.

[pmaxwell1] 05/4/2017 09:45

The only surprising thing about the share price movement is that people are surprised. No news of takeup, no known cash flow. Until these materialise it is only a matter of time before the (hot) air exits the proverbial balloon. Some are saying that at these lower price levels it is a steal. Really? Based on what? I am a holder but it is the only speculative share I have without any fundamentals to support the price. Of course it might go up tenfold from here, equally it can go back below 20p. Time will tell but not one to bet the shop on in my opinion

[velod] 05/4/2017 09:40

40p area as next support, Essential???

. . . What about the not insignificant support around the mid 55p-ish area?

. . . Even then, the next support is not (INMO) 40p, but slightly higher in the low 40p's area.

Should that fail then mid 35p-ish is a minor support area and ultimately if bad news about, then the end game is next, in the lower 20p's support area.

Personally I would split my investment into chunks and maybe not pass-by on mid 55p's in case that was as far as the retrace went. Then if it does continue to drop to low 40p's there'd still be budgeted funds available to add there too.

It's still not oversold yet though. So hand not being forced until IN oversold territory.