Altitude Share Discussion Threads

[allstar4eva] 21/4/2017 00:19

Thanks for that. Looks like Paul Scott bought in. interesting as he doesn't normally favour Jam tomorrow shares like this one.

Anyway aside from that interesting snippet forget much of the nonsense currently spewed on this bb. instead focus on the recent news...

"...Details of the provider are commercially sensitive but with a peak output of more than 100,000 orders per day and manufacturing efficiency that allows our resellers to compete on price and service, the Directors expect that the partnership will create substantial value for the Group and its resellers.

Commenting on the new agreements, Peter Hallett, Executive Chairman, said: "Our strategy is to create a compelling offering for promotional product distributors to enable them to create online brand stores for every customer. The agreement with Market Brands will accelerate our ability to engage with the SMEs who are the end users of the products that pass through our network.

"The addition of Print Products is a natural extension to the promotional product offering and increases our addressable potential market four-fold without the need for substantial technology development or investment...."

!!!!!!!!!!!!!!!!!!!!!!

[buzztrader] 21/4/2017 00:01

Altitude (LON:ALT)Share price: 76p (up 27% today)No. shares: 46.4mMarket cap: £35.3m(at the time of writing, I hold a long position in this share)New supply agreements - this share is a bit too speculative for me, but a friend persuaded me to buy some recently. Graham wrote a section on it here on 14 Feb 2017.The company has a small existing business, but the excitement (and valuation) mainly rests on hopes for its new activities in America. The story is that the boss at Altitude has experience in the promotional goods sector, having been in a senior role previously at 4imprint (LON:FOUR) .Altitude's big idea is that it provides a software platform for a large number of promotional goods suppliers. This enables them to make personalised websites for their customers, instead of printed booklets. So customers can see products, with their own branding already applied, via 3D visualisation software online. They then place orders, and Altitude receives a cut of the gross profit from the manufacturer.It seems too early to be sure whether this is going to work or not. So in that sense, this share still looks jam tomorrow to me. Hence why I'm only a nervous holder at the moment, until some tangible proof emerges that the business model is actually working.This bit, in today's announcement sounds good;The first of the new agreements is with Market Brands LLC ("Market Brands"), based in Buffalo, New York State, USA. Under the agreement, Market Brands has undertaken to recruit 100 new sales staff who will target the creation of tens of thousands of branded web stores for small businesses throughout the USA. The stores will be powered by Altitude technology and fulfilled through Aprinta. Altitude will be remunerated through a percentage of the sales value of every order in line with the Group strategy.My opinion - it's very unusual for me to even consider jam tomorrow shares, as they nearly always go wrong. So I've no idea whether this one will be any different, or not. My friend reckons he's checked it out thoroughly, and he's got a good track record, so I'm hoping for the best, whilst expecting the worst.If I do get sucked into a jam tomorrow share, I always try to size the position so that a disastrous outcome isn't too financially damaging. The other key thing is to unceremoniously dump the shares once it becomes clear that things are not working out as planned. The really big losses are incurred by people who fall in love with a story stock, and cling on to the bitter end.Mind you, occasionally a jam tomorrow share does actually work, although I'm struggling to think of any examples.http://www.stockopedia.com/content/small-cap-value-report-wed-19-apr-2017-electionforex-lrm-alt-180150/

[teddy boy1] 20/4/2017 23:53

Well, wasn,t it good for all concerned that I joined this forum a few days ago! I seem to have brought some good luck with me.

I also wish that Stephen would take himself off as his negative comments(unfounded) do none of us any favours.

Roll on 100p!

[luisfrg] 20/4/2017 23:31

Buzztrader cant read that whole report on the link can you post please?

[bullet ant] 20/4/2017 20:53

We will get to sell at 100p.


Keep buying all the way to 100p.

[robbnw] 20/4/2017 19:33

What rubbish stephenYou should do a new lineChildren's bookWhat an imagination

[kemche] 20/4/2017 16:15

stephen,

"I am never drawn into childish nonsense."

No.

Just pure, unadulterated nonsense.

[luisfrg] 20/4/2017 16:11

Up she goes👍ㇿ6;

[stephen1946] 20/4/2017 16:04

Time will tell. I am never drawn into childish nonsense.

Tosca, Martin Hughes and a deal will surface. Guaranteed.

[kemche] 20/4/2017 15:16

SH, I am humbled.
It is the muse that inspires me.

[sheep_herder] 20/4/2017 15:13

lol, kemche, is that what he was saying, that MV wants to sell? He specifically told me that he didn't want to sell and that if an offer came in for a fiver tomorrow, he wouldn't be interested. It was all there in my Coventry report.

I do like your way with words. :-) Cretinous is so under used.

[kemche] 20/4/2017 15:08

stephen, Granted it is a thought. An imbecilic one, but a thought nevertheless. Another one in a long list of cretinous thoughts.

A company which you have been deriding is all of a sudden attractive enough for a respected fund manager like Martin Hughes to buy.

A company that Varley has been building for a number of years, in which he owns nigh on 30% of the equity, which is on the cusp of greatness, will suddenly be relinquished by him for a song?

I have come across buffoonery on these BB's before but you take the biscuit.

Some may remark, though obviously not me, that it is you who is being an utter Tosca!

[sheep_herder] 20/4/2017 13:12

The May numbers are not going to show anything but I'm hoping for a statement about progress. The FY17 numbers should give us an idea of how well it's going but I'm looking forward to the FY20 numbers.

The people who think ALT is speculative will not make the money here. Those of us who have been taken in by the lies, the deceit, the lack of company statements and the lack of press coverage, will. :-)

[luisfrg] 20/4/2017 13:08

Back to 74.5p ...hold your nerve guys don't sell on the cheap and this will fly - the mms will try and drop the sell price to panick people into selling....don't be caught out.

[kemche] 20/4/2017 13:05

melf, great minds etc
:)

[melf] 20/4/2017 12:55

Kemche you beat me to it lol!!!

[melf] 20/4/2017 12:54

Pmaxwell. We all know this is a punt that's why the share price is 75p not 750p. As sane Investors we don't need telling that. As far as Quindell is concerned, it was well Known that R. Terry was, shall we say, slightly shady. As far as I'm aware MV is untainted in the industry although I stand to be corrected if someone knows different.

[kemche] 20/4/2017 12:53

maxwell,

With the greatest respect - this is hardly a Quindell!

Many of us had warned repeatedly over there that it was a sham perpetrated by a repeat offender but were drowned out by the groupie zealots.

Martin Varley is no Rob Terry. The clue is in their first names!

[ihatemms] 20/4/2017 12:41

Well somebody's keen - 50k bought @ 75.5.