Altitude Share Discussion Threads

[adventurous] 21/7/2017 10:59

stephen1946 - you appear to be more bothered than those of us invested - patience is required, but then you're not invested so why get so worked up by ALT :-)

The recent drop in the share price is of course no concern to the board, their concern is pushing ahead with their strategy and when the revenue starts rolling in, the share price will take care of itself. Simple business!!

We already know about the business and staff:


stephen1946 - 15 Feb 2017 - 09:00:36 - 2155 of 2835

Altitude the only trade you'll need. - ALT

There are some short term losers on here.



Forget the figures, look at the tool we have in place.

 Then look at what that tool does? Then look at why that tool will work? Then look at where that tool has been made for.



America is a huge area of land, an enormous market place covering an enormous expanse, you have to go there to understand distance.


Within that area is a market for what Altitude do, currently that market is a mish mash of suppliers whose prices vary enormously, what Altitude do, is bring that huge market under one roof and that one roof, effectively covers the entire American continent.


It is not a matter of, if customers take up the Altitude system of purchasing printed goods etc, it is a matter of, how quickly it happens.
Altitude ability to undercut the prices of all compatitors will bring a flood of new business. Many are expecting jam today, thats impossible with this project, what this is, is a start up project, when the revenue starts to come in, growth will follow, for years and years. Once the USA is secured, the rest of the Worlds markets will have joined the flood of new business.


Altitude will suddenly explode with revenue, those who are in, will benefit accordingly. Imho.


stephen1946 - 29 Jan 2017 - 10:47:56 - 1906 of 2835

Strange attitudes prevail on here.



Would somebody explain why on earth ALT should divulge the sensitive nature of their plans going forward?
̷2;

It is customary, as ALT have done, to outline the why's and the where fors of what has occured and what the future hopes are, but details? I think not.

stephen1946 - 03 Apr 2017 - 08:43:19 - 2396 of 2836

Altitude the only trade you'll need. - ALT

Sheep herder, stop acting like the gate keeper/curmudgeon. Confirmation of the MD's appointment is not old news.

Whilst it was flagged up at the presentation that i attended, confirmation that this top class gent is joining us is well worth repeating

[adventurous] 21/7/2017 09:22

We have the twins, both spending their own time talking down a company they have no shares in - continually posting misinformed assumptions, no facts of any merit!!

Now, what sort of people feel the need to waste their time???

1) disgruntled ex-employee
2) family member pushed to the outer circle
3) past investor who bought at a price way above the current level and hopes to buy back in low to recoup losses
4) working for the competition
5) worried on behalf of those invested in ALT that they are not happy with the company :-)
6) judge the potential success of a company, on what trousers a director might be wearing
7) sad individual with an personal exe to grind against the company!


Well guys, as we are in the slow summer holiday period and a few investors sell as they take a break, I've just added more at 67.85p

[samdb] 21/7/2017 09:16

Stephen you're just rambling now. Real investors who dislike a stock post their bear case and move on. You obviously want to knock the price so you can buy in.

[samdb] 21/7/2017 08:41

Keep trying lowflow, I would love to buy these at 10p, but a lot has changed since then.The facts are (rather that your supposition) that Altitude became profitable last year and cut a lot of costs:"This turnaround has been achieved as a result of the substantial restructuring of the business which commenced in April 2015, and which removed approximately £1.8m of annualised recurring operating costs."And they have introduced a third party sales team:"On 19 April 2017 we also announced a partnership agreement with Market Brands...a sales organisation of approximately 50 sales staff based in Buffalo, New York State, US...with a target to create tens of thousands of Channl brand stores for small businesses across the US."Personally I'm going to wait for a trading update rather than listen to someone on the Internet telling me to sell. In fact at 70p I've doubled my position.

[stephen1946] 21/7/2017 08:39

IMS not mandatory, but in what blunderman stated "was a whole new concept" it is certainly an obligation to keep altitude investors happy and informed on the progress of a company that their hard earned money is financing.

The overwhelming picture here is a totally cavalier attitude towards investors, this is emphasised by the Altitude plants on this board that are employed to assure posters that all is well, when indeed, it most certainly, is not.

[lowflow] 21/7/2017 08:14

Altitude Channl.com is nowhere in comparison to its competition. In an industry which seems to be over established even before Altitude decided to go to this industry. When Altitude decided to go into the “create your own online store for promotional products” they tried to make it sound like they entered into an untapped market. The true is the opposite. If companies in the promotional product industry want to create their online solution there are three key avenues to choose from;
1) Build the online solution from scratch and not use a white label solution. This is probably the most interesting option for the very large promotional products companies.
2) Use a white label store solution from a provider who is offering a solution for all kinds of business,
3) Use a white label solution from an online store provider target the promotional products market where they all can offer supply integration. Altitude is active in the third category.
The thing is, its seems like Altitude with its channl.com solution is late to the game. Yes, they have announced these great partnerships with AI Masterminds, Aprinta and Market Brands, which doesn't seem to yield anything.
To compare where Altitude is positioned in the industry, I quickly screen through some of the competition.
Below is a list of companies, providing online selling platforms to the promotional product industry, more or less the exact same solution Altitude is offering.
Most of these companies are private so difficult to get revenue figure etc, but it's easy to Google rank figures for their web page giving a very strong indication of their relative position.
Altitude www.channl.com
A few examples of the competitors who is ahead of www.channl.com
www.companypromstore.com
www.shumsky.com
www.robynpromo.com
www.leaderpromos.com
www.teamworld.com
www.brightstores.com
www.company-store.net

The bottom line is that Altitude share price was below 10p, before they told the market that they were going to get into these new businesses. Since then, they don’t seem to have generated any real revenue from the business and they are way behind the competition. The insider has in aggregate been selling since the stock went from low 10sp.
This stock will go back to low 10p as they fail to deliver on their new strategy.

[adventurous] 20/7/2017 16:10

So your EVIDENCE is lack of sight of anything to support, your assumptions, based on your logic ( which has proven to be unreliable in the past).

As it appears to engulf your everyday life, I'm surprised you did not go to the AGM and asked a few questions!!

Based on last year, the half year report will be out in September (patience is required, but then most investors knows that, if fact I think you may have even posted something along those lines when you owned some shares in ALT).

IMS are not mandatory.

[adventurous] 20/7/2017 15:10

stephen1946 - is that the best you can come up with! misdirection in place of some evidence to support your logic!!

[thebigshortfella] 20/7/2017 14:22

Melf - I have been tracking ALT for months and the trades that IG clients have been placing. These trades would definitely have been at above the current price.

[melf] 20/7/2017 13:58

That depends on what price they opened their shorts at.

[thebigshortfella] 20/7/2017 13:36

I am not siding with Stephen1946 but it is worth highlighting that 9% of IG clients who were shorting ALT last week and still are, are currently showing a profit...

[adventurous] 20/7/2017 13:13

If anyone can show EVIDENCE to undermine the previous two posts from stephen1946 (prior to the new tax year), please share with a link or reference to the source.

[adventurous] 20/7/2017 13:11

stephen1946 - 21 Feb 2017 - 09:05:30 - 2257 of 2836

Altitude the only trade you'll need. - ALT

Talk of 40p and other figures is infantile and way wide of the mark, serious discussion seems to have been replaced by school yard language.
R32;

Altitude is in better shape now the board has been re-structured.
;
The board is fundamentally made up of number crunchers now, top drawer numbers crunchers, i might add.

Altitude will be shedding quite a number of staff throughout its operations due to already announced plans to streamline the business which, by its very nature, needs less staff, the current board are the men to do the exercise, efficiently and quickly.
̷2;

Plus that same board, with their vast financial expertise, will know very quickly where to make changes and incorporate the "brand new aspects of the new business."
232;

Martin Varley? We havent lost him, we have released him from the ball and chain of day to day running of Altitude's current business and we have sent him as, President or 'Chief Operations Officer' around the various centres of our business, to secure more deals and nurture and grow existing deals, a task that would have been impossible in his role previously as, Chief Execcutive officer.
̷2;

In my humble opinion, Alt have proved again that they are ahead of the game by making contentious changes that will, very shortly, prove to be extremely wise.

40p?

I think not.

[adventurous] 20/7/2017 13:08

stephen1946 - 15 Feb 2017 - 09:00:36 - 2155 of 2835

Altitude the only trade you'll need. - ALT

There are some short term losers on here.



Forget the figures, look at the tool we have in place.



Then look at what that tool does? Then look at why that tool will work? Then look at where that tool has been made for.



America is a huge area of land, an enormous market place covering an enormous expanse, you have to go there to understand distance.
Within that area is a market for what Altitude do, currently that market is a mish mash of suppliers whose prices vary enormously, what Altitude do, is bring that huge market under one roof and that one roof, effectively covers the entire American continent.


It is not a matter of, if customers take up the Altitude system of purchasing printed goods etc, it is a matter of, how quickly it happens.
Altitude ability to undercut the prices of all compatitors will bring a flood of new business. Many are expecting jam today, thats impossible with this project, what this is, is a start up project, when the revenue starts to come in, growth will follow, for years and years. Once the USA is secured, the rest of the Worlds markets will have joined the flood of new business.


Altitude will suddenly explode with revenue, those who are in, will benefit accordingly. Imho.

[webster32] 19/7/2017 21:23

Can somebody get the lights? ;-)

[ihatemms] 19/7/2017 20:20

Although I don't doubt Henry's crendentials it does put serious question marks on the performance to date of Sanjay Lobo. Unfortunately I don't think wthe interims in Sept will read well although I'm sure full year performance will be much better - but it's a long wait till then.

[melf] 19/7/2017 18:50

Lol Stephen...."patient investor saw the light".....,,that's one way of putting it I suppose.