Altitude Share Discussion Threads

[ny boy] 19/9/2017 19:39

Has this one stopped losing altitude?

[bpc10] 19/9/2017 19:36

30p soon here guys

[greenhorn54] 18/9/2017 12:20

I see Stephen (filtered) on the board today. Anyone want to give a precis?

[nw99] 18/9/2017 11:52

Looks a buy on the chart adding

[stephen1946] 18/9/2017 11:27

Things are about to improve, why? Phileas Fogg has returned having circumnavigated the World in short order.

[robbnw] 18/9/2017 06:34

Well we will see thebigshortTruth is one of us will be right and one won't I've been a shareholder for a while and I'm happy to sit back accumulate when the price dips and enjoy the ride If u as a shareholder arent , best get out and sell This ride never been for the faint hearted but speculate to accumulate I assume as your name suggest the main thing u like doing is shorting I'm the opposite

[thebigshortfella] 17/9/2017 12:42

The problem with some ALT shareholders is that they are not using their critical faculties enough. This blind belief in ALT management could end up very costly. Is this approach "serious investing"?!

I don't disagree that ALT management seem great. But big ideas are nothing if you don't implement them effectively. Even then success is not guaranteed - prospects may not like your idea or your solution lacks a key component.

I hope that you are right robbnw. But "hope" is the optimal word at this point.

[robbnw] 17/9/2017 11:07

The problem with alt is lot of very impatient shareholders. This is a stock where u need to sit back and wait patiently Give the management team time to sell the product If you look at the business aside from channl it is still making money and Will continue to do so Once they have had time to generate their sales properly the share price will sour Meantime those that can't wait have got out I hope leaving serious investors in . 50 odd p is such a bargain Sure many will wish they'd bought now when we get back to £1

[thebigshortfella] 15/9/2017 08:33

Adventurous - if you are referring to me then you are wrong. I wasn't posting to save investors. I was posting to share ideas.

Weirdly, my response to sheep_herder's last post wasn't posted for some reason. I haven't got time to write it again. But I like him & his thinking.

Just for the record I am not shorting ALT. I trade with IG & shorts are reported on their system & currently no one is shorting ALT through IG.

My job as a trader is to place bets on companies at the right time. This is different to investors. It does not mean that I am trying to deramp ALT. I have been clear that I think the management team are excellent.

However, I don't believe they have been good "executioners" which is why conflating the Aprinta deal with CHANNL ignores what I believe is a failure to convert customers. Which explains the new hire. I am sorry to burst your bubble but I am allowed to have a different opinion to yours.

If that line of thought is correct, then that applies to CHANNL also.

I don't disagree that ALT "could" be massive in a few years but this is as much speculation as what I am being charged with. The difference is that I am trying to make sense of changing facts now. Not what may happen in 3 years. I may be a millionaire in 3 years. Humans are terrible forecasters & look for confirming evidence. The difference is I don't have a trade on ALT so...I will sling my hook & see what happens on the 26th.

Good luck all.

[adventurous] 15/9/2017 07:49

Another!? - saviour on behalf of 'investors' - LOL filtered!! (spends too much time on a company with no investment and not even shorting - yea, pull the other one).

[robbnw] 14/9/2017 22:01

Good plan sheep herder but I don't agree with it allSome yes though Speculation is pointless until the results The lady in the US was taken on to fully exploit the challenges in the US market Investors who see that as a negative are looking for negativityLet the business breathe They will deliver Then the share price will soar

[sheep_herder] 14/9/2017 21:44

Some really strange comments here recently.

1. Why don't they concentrate on Aprinta instead of Channl?

Aprinta IS Channl. Channl is the branding for the new business model that Aprinta and other distis are part of.

2. New IT platform?

There was a change in business model, not in their software. They've used the same software for years but in a subscription model. The change was getting the printer to fund the cost rather than the end user. I thought that was pretty clear?

3. Why are they suddenly worth 25m?

If you run the numbers, you quickly realise that if they can do what they want to do, £10 share prices will be hit very quickly. The issue is that given the lack of understanding, clearly shown on this thread, the share price is going to be volatile until the company starts putting out better comms.

I fully expect the share price to take a large hit unless they pull a rabbit out of the hat on results day. The majority of investors are far too short sighted to want to give them the time. I'm not expecting any major progress for at least another 6 months and will be happy to buy back my full stake once the traders have left in a hurry.

[fardistanthills] 14/9/2017 21:42

Maybe another way to look at this is to ask why ALT has attracted a number of seemingly savy highish fliers?

Most recently would someone with the industry knowhow that Nichole Stella must by now have, switch from what has apparently been a very successful recent career path, to what ALT is offering, without her being convinced that ALT is on to something that will go places?

26th will be interesting! Interesting too that the first of her share options vest the 25th.

She must be convinced that ALT have something that she can build upon?

[thebigshortfella] 14/9/2017 20:57

adventurous - I agree with you that good investors should be patient.

I disagree though that investors shouldn't speculate on information that they are provided with. This is an important part of investing and is summed up by the quote of a great investor: "When the facts change, I change my mind. What do you do Sir?"

The new hire is a fact. Our job is to decide what this fact signifies (bearing in mind previous history etc) or if it does not signify anything at all.

Re: "My guess is, the volume is growing and needs one person focused on it". That's your reading of the above fact.

My reading of that fact is that take up has been negligible and it needs sorting.

Let's see who is right on 26th. :-)

PS I have just realised that I seemed to have turned into stephen1947!

[adventurous] 14/9/2017 20:33

All good investors are by nature patient.


On 26th September, we will be informed:

- on how well they are operating and an indication on customer levels.

- on the reason why they have appointed a highly experienced person to head up the US
side of business. (My guess is, the volume is growing and needs one person focused on it).

Anything else is just wild and unfounded speculation.

[shanvest] 14/9/2017 19:52

If you guys were in the industry you would know there is no real appetite amongst distributors for a platform that will give their data away to what is effectively a potential competitor. Add to this the complacency amongst distributors to new ideas and you have what this is exactly, attractive on paper but it'll never pan out to be a disruptive technology. If you want disruptive, look at Cimpress - they have the plan, the deep pockets and near zero reliance on distributors.

[hhdd1] 14/9/2017 19:49

great news thank you for the reply

[thebigshortfella] 14/9/2017 19:30

robbnw - I don't disagree that ALT are employing a major new IT platform.

What is unknown is whether they are doing it well &, more importantly, if they are gaining customers on it.

The lack of an update in this regard is a concern. The fact that they seem to have had to employ someone to sort out the operations adds to the concern.

Please explain the rationale behind your statement that at current values they are way way undervalued.

An IT platform with few customers on it is to all intents & purposes remains an IT platform. It had may as well be an elephant if it is not delivering on its purpose. A big white one... 😀

[robbnw] 14/9/2017 19:05

Hhdd1What made it change was a major new IT platform This company at current values is way way undervalued What a buying opportunity Time to pack away more!!

[hhdd1] 14/9/2017 10:21

for 5 years it was at 10p what changed to make it worth 25 million.
i did well on the rise, but if september 26th is not a clear update i can see a big fall

[hhdd1] 14/9/2017 10:21

for 5 years it was at 10p what changed to make it worth 25 million.
i did well on the rise, but if september 26th is not a clear update i can see a big fall

[hhdd1] 14/9/2017 10:21

for 5 years it was at 10p what changed to make it worth 25 million.
i did well on the rise, but if september 26th is not a clear update i can see a big fall

[northwards] 14/9/2017 10:12

Lets see what they say on the 26th - I'm still to be convinced and judging by the share price falls, I'm not alone. That said, with a current market cap of £25m, if this does go to plan, the rewards from here could be stunning.