Altitude Share Discussion Threads

[northwards] 19/12/2017 09:23

Adventurous - you sound very much like a disgruntled ex employee

[adventurous] 19/12/2017 09:15

stephen1946 - 26 Jul 2017 - 08:59:58 - 3928 of 4523 Altitude the only trade you'll need. - ALT

That's the way adventurous, quote history.

I like many many others was sucked into a dodgy project, but walked away, sorry, ran away at high speed when the Fairytale was exposed to me.

Altitude is dead in the water. The company plants who post on here, and that includes Adventurous, are wasting their time, the company is finished.

I have it on good authority that redundancies are being made in both Manchester and Sheffield.

One only needs to look at the trades over the last month, today is quite typical, 6,000, Altitude is finished, exposed as a fairytale.

[stephen1946] 19/12/2017 08:41

The Dow hitting new high along with the Nasdaq must herald Massive spending by USA industry, which will fuel the need for more promotional products.

Altitude is without doubt well positioned and have the correct armoury to take a large slice of this unprecedented boom. imho.

[nw99] 17/12/2017 00:41

£1.20 target

[john09] 16/12/2017 23:17

I think we will hit 90p in January

[john09] 16/12/2017 23:16

Well yeah that’s what you’re buying here. Pay your money take your chance that’s what SCSW said

[bpc10] 16/12/2017 20:46

The trading update was so much jam tomorrow imo

[stephen2010] 14/12/2017 22:05

ALBA currently trading at 0.39p target price 6p making a nice 15 bagger. Please read the following:

MARKET CAP PUZZLE
❖ Alba (market cap £8.4m) is in a resources neighbourhood populated with listed
companies with much enhanced market capitalisations, such as UKOG.L (£134m) and
JAY.L (£172m). With either shared project interests or adjacent tenements to these
companies, Alba should trade at a much higher valuation than its current token value.
Like Bluejay, Alba owns 100% of its ilmenite project. Direct comparisons with UKOG
are also instructive. While both companies own other projects, UKOG’s 49.9% of Horse
Hill Developments Limited (HHDL), when compared to Alba’s 18.1% means that Alba
has approximately one third of the value of Horse Hill compared to UKOG but only
about 7% of the market capitalisation. Once the market recognises these disparities,
the room for growth in Alba’s share price is undeniable.

VALUATION RATIONALE - Our valuation in this First Equity Limited initiation note
uses a risked valuation approach for Alba’s two main projects, at Horse Hill and TBS. The
Horse Hill licences are valued using independent published technical data from
Schlumberger, Xodus and Nutech on the oil potential of the licences, along with our own
assumptions on recovery rates, oil discovery value, resource and development risks
factors. From this a risked value of $127m net to Alba on a ‘Base Case’ basis is derived
for Horse Hill.

Given the similar geology and economic potential of both TBS and Dundas, we have
adopted a risked closeology valuation approach, by computing an NPV for Dundas of
$223m and then applying a three-tiered risked probability calculation to arrive at a value
of $54.7m for TBS. Once Alba announce its JORC resource and exploration target at TBS
and Bluejay its Feasibility Study results, this number is likely to be revised upwards very
rapidly, possibly up to $200m, representing up to 7p per share in additional shareholder
value.

We compute a valuation of $185m (£139m) for Alba, equating to 6.0p per share, of which
4.1p is attributed to the stake in Horse Hill, 1.8p for TBS. Given this analysis and wealth
of valuation catalysts anticipated across the project portfolio in the coming months, we
recommend the shares as a ‘BUY, with a Target Price of 6.0p, representing a potential
15 times plus uplift from the current share price.

[robbnw] 14/12/2017 21:44

For what it's worth I agree with stephenThis is one to hold I reckon 2018 is going to be amazing Wouldn't surprise me if 4imprint eventually made an offer to buy ALTWhy wouldn't they

[mauricemonkey] 14/12/2017 20:57

It's a punt.
The websites look good, the blogs are well written and they clearly have an idea.

There's been a problem with onboarding and migrating customers off legacy platforms so they've done work to make the customer journey simpler and more of a transition than a leap.

All fairly standard for Saas / PaaS startups.

Will it all work? Is this a service that's needed in the market? Is there a margin to be made? Who knows. I'm in. But only for an amount I can afford to lose and see where we are in 12 months. Downside potential limited by my small exposure, upside potential massive.

[adventurous] 14/12/2017 16:18

Stephen1946 - 10 May 2017 - 11:47:20 - 3080 of 4509 Altitude the only trade you'll need. - ALT

The lack of trades tells you that it is not just me that considers this a fairytale.

Le President is a lame duck, untouchable and the board? Cardboard cut outs would do a better job. A branding genius? What on earth is his role in this fiasco.

Failure does'nt need branding, it wants binning.

Its not me alone that considers ALT to be dross, a whole big market out there considers ALT to be pure garbage. Whilst posters say the USA is a huge market, where are the USA market traders? Surely the USA market makers will be privy to the enormous success being touted here?

No, there is no success story, just a fairytale where the dream built on sand is washed away when the tide comes in.

[john09] 14/12/2017 15:51

Adventurous is on crack

[hhdd1] 14/12/2017 15:45

ok hope your right,
what sales and margin do you expect for the 34 million valuation?
this is not a strat up up? all that changed is a new broker,

[northwards] 14/12/2017 15:29

I'm very happy here - the future prospects are truly astounding. When, and I believe it is when, the market sees hard evidence of progress, the share price will go into orbit.

[hhdd1] 14/12/2017 15:06

yes what changed,
this is a good one to short,
there numbers are nothing, todays update is ok if stock 20p,

[adventurous] 14/12/2017 14:47

stephen1946 - 24 Jul 2017 - 13:13:44 - 3909 of 4509 Altitude the only trade you'll need. - ALT
The Board of Altitude are not remotely interested in the investors.

The direct line from ALT, to this thread when the investors were needed to push the stock price to silly levels was cut when some investors voiced their concerns.

The promise of jam tomorrow has proved to be nothing short of hot air, the authorities need to be brought in asap to investigate just what is going on here.

The inside track enjoyed by SCSW is well worth a long hard look. ALT is now looking very dodgy, the silence from the Board is a scandal.

The press had this right from the start, they totally ignored the hype from the company and the nonsense from scsw.

Updates on new projects whilst not mandatory are indeed, obligatory.

[stephen1946] 14/12/2017 14:37

GET A LIFE, why so interested in me? I will be at another presentation, make yourself known and we can discuss your mental state.

[adventurous] 14/12/2017 14:31

I'm talking about your endless negative posts based on the most ridiculous assumptions, even claiming that a presentation you had attended was good later was dire because the main man was looking like a tramp!!

You were overly positive up to the day of the new tax year and then 100% turn around, and now when the prospects are no better than 12mths ago, your back on the positive drive - I guess come April 6th 2018 it will be a rerun of 2017.

As I stated several times, you gave me a good laugh and still do. Good luck!

[stephen1946] 14/12/2017 13:39

credibility shattered? My memory is such that Adventurous was bullish for a long time, now Advent has turned bearish.

That`s what a market place is, sometimes you think a product is good, other times you don't.

But that does not affect credibility, it reflects a change of mind. You advent are entitled to whatever opinion you may have with regard to whatever, by the same rule, so am I.

[qs99] 14/12/2017 13:13

well like it nor not there appear to be buyers out there to swiftly turn around a -5p opening to +5p now....DYOR

[adventurous] 14/12/2017 13:05

stephen1946 - 17 May 2017 - 07:59:26 - 3246 of 4503

I would like to have seen four buy in to this, by copying just a tad, but they seem to think the old way is best and their figures suggest they are correct.

Increased profits here are due to tight cost control and is a one off.

The nonsense about no indication of the success or otherwise of the current deals is a pitiful excuse for not producing something. That can only mean the figures are dreadful, the next thing is likely to be, aprinta uncoupling the deal as, costly.

All seeming to confirm this is an idea that has failed, nice try Altitude but it is an unwanted product. Figures are available, but they are awful, better to say so now, because the longer you leave it, the worse treatment the news will get when you suddenly turn, 'frank'

The new board have produced a suicide note. No numbers? No credibility.

---------

Long again!? stephen1946? Surprising as you were predicting price dropping to 6p by year end - credibility shattered :-)

[stephen1946] 14/12/2017 13:03

That this is not specifically a trading statement is merely my opinion.

[john09] 14/12/2017 12:58

When it moves...it moves eh

[john09] 14/12/2017 12:51

Looks like it will be an up day! No doubt tomorrow will be too!

[john09] 14/12/2017 12:22

Funny. It’s called a Trading Statement......