Altitude Share Discussion Threads

[john09] 03/2/2018 12:21

I concur. Next month they will really go to town on that news I think. They always said with this one, wait for any sign of early traction and double up

[thebigshortfella] 03/2/2018 11:09

Unfortunately SCSW must have gone to press before the recent RNS.

[robbnw] 02/2/2018 19:05

Rubbish BCP10 And even if so who cares Way underpriced !

[bpc10] 01/2/2018 20:02

Back to the 60's

[northwards] 31/1/2018 09:01

A break and hold above 81 could be a good signal for a strong next leg up

[nurdin] 30/1/2018 18:48

He needs a winner!

[sheep_herder] 30/1/2018 18:25

ALT is being pushed by Mike Walters now. Should help. Not much new in the writeup for those that understand the business model.

[robbnw] 30/1/2018 17:18

Other thing to bear in mind is this . What a great time for a business to trade in the USA , which is Altitude's major market bar non .Whatever you think of Trump ( and I like him ) , he has created an environment for American business that is amazingly positive . He is cutting US corporation tax from 35% to 21% . That will generate into $ in the bottom line for companies like ALT , and in the end with what by then will be a cash rich company, hopefully into dividends .If the latter happens the share price will go vertical i hopeI reckon we could soon smash the £1 an head back to the days of £1.40Lets hope

[robbnw] 30/1/2018 17:12

Stephen . Agreed re dividend as the business would be cash rich by then and obvious way to disburse . The issuance of a dividend regally would be a game changer in terms of the SP

[ramridge] 30/1/2018 14:13

Stephen1946 - If Nichole Stella is half as good as her LinkedIn profile suggests, she is a great catch for Altitude. The overall delivery risk goes down a peg or two in my mind.

[northwards] 30/1/2018 14:03

Ram / Craig etc:

I think ALT gets 20% of supplier revenues on Aprinta deals.

AIMPro offline is 5/6% I believe on supplier revenues but the market is multi-billion potential. Online more similar to Aprinta % but will take time to convert.

[john09] 30/1/2018 13:39

Yes I think Nichole Stella is the key here. I thougt the appointment was great

[stephen1946] 30/1/2018 13:35

Very few have mentioned, Nichole Stella, other than in fun. Ramridge above say`s nothing about having such a dynamic woman at the Helm in ALT main business area.

Of course, in ALT case, it may be too early to gauge her ability in pure turnover terms, but you can certainly see an uplift in USA interest in a true `minnow` since her appointment.

Nichole Stella will do for ALT what Martin Varley has done in the states previously for the companies he had an interest in.

I predict a fabulous future for Nicky and ultimately for ALT, who have 2 of the very best, working in the promotional goods business, guiding ALT to the main market and beyond.

[nurdin] 30/1/2018 12:21

Ramridge...you pre-empted me on the contents of their 2017 Interim presentation which as you say is worth a read.Anyway here is the link for anyone interested:



I fully agree with your take on the business and the case for investing.

[craigcoad123] 30/1/2018 12:19

Point is they access all AiM members revenues on day 1 of onboarding at the lower rate and then convert over time to the higher rate. For know the only kpi's that matter are onboarding members and signing up suppliers.Patience

[craigcoad123] 30/1/2018 12:14

Remember as per broker note and rns that gtr rate is much lower on "offline" than "online". Reworked deal gives access to existing revenue at AiMpro but on offline. Online will take time to build. I, therefore think your numbers are correct but the time line is to the right. Offline will come before online

[ramridge] 30/1/2018 11:44

Hi Guys - This is what I posted on Stocko a few minutes ago.

Altitude is an interesting stock with a high risk profile but also a high reward potential. In my view the potential high reward tips the balance in taking the risk and going long.

The following argument is based on information provided by the company in their 2017 interims presentation (you can download it from their website).
The company shows two scenarios, a base case and a target. Working purely with the base case and the US market only, ALT’s revenues over the medium term are projected to be approx. £43m p.a. So a build-up could be, in the first year £10m ramping up to £43m in year 3.
Considering ALT’s last audited revenues were £4.3m, that’s worth sitting up and take note.
This base scenario assumes capturing 2% – 3% US market share in the medium term.

Here is the second interesting reason. The company is actually building a platform business in the true sense of the expression. A platform business model creates a technology platform with network effects and provides facilities for all parties to transact directly. The platform owner, ALT, does not own the means of production, instead it creates the means of connection, and in the process takes transaction fees based on the completed transactions (viz. ebay, uber, eat, etc)
So as a platform business, we are likely see revenues substantially falling into the bottom line profit and cash flows.
However the risks are not trivial.
- Management have been bullish and optimistic for a number of years. To date they have built the platform but no real revenues from this source to prove the complete business model.
- Take-up by the US is showing promise as yesterday’s RNS shows. But there is still a long way to go before they hit minimum traction.
I have taken a long position but if the company doesn’t show real progress in line with their base case scenario in the near future, then I would likely sell.
Please DYOR

[john09] 30/1/2018 10:07

This guy is NOT a holder he’s a fantasist it’s the funniest thing on ADVFN please enjoy watching

[lucicavi] 30/1/2018 10:05

Loving this move


GMD taking off nicely now too johnson

[john09] 30/1/2018 10:03

I think it’ll last longer than a week. This is a multi bagger waiting to happen

[qs99] 30/1/2018 09:57

Agreed. In for the ride again....let's hope the blue can continue rest of the week

[john09] 30/1/2018 09:56

I do look forward to the shorters coming back and telling us a CFO left in 2015 or something lol. This share price has not even started moving btw .

[northwards] 30/1/2018 09:51

A good sign when the share price moves up the day after an RNS on strong volumes. The story here is only just starting ...

[qs99] 30/1/2018 09:44

that would be good. 20% up since the RNS bodes well IMO as market seem to like what they are hearing/seeing....next RNS will IMO show a clearer direction of travel and whether traction is being maintained....DYOR

[john09] 30/1/2018 09:43

I think this will be a quid bfore you know it. And then im expecting new highs with news of more traction