Altitude Share Discussion Threads

[john09] 05/6/2018 09:00

Where is Mr 50p

[stephen1946] 05/6/2018 08:59

Paying over the offer speaks volumes.

[john09] 05/6/2018 08:59

Not sure funds are needed. Even the last one was only £1.5m. They have cash. No debt. It’s not like they need marketing help that’s their bag. Even if they raised £2.5m that’s tiny

[stephen1946] 05/6/2018 08:57

Northwards, i have said that before but was shot down, see no reason why you would be wrong.
First in, best dressed, and ALT are miles in front now. ALT can now start to dominate the promo market, THEY MOST CERTAINLY HAVE THE BEST TOP TABLE IN THE BUSINESS.

[urigem] 05/6/2018 08:55

$2.8 million from a standing start in 4 months and looks to be growing at a fast rate.. is that correct?

[northwards] 05/6/2018 08:54

I wouldn't rule out a fund raise to supercharge growth potential - id welcome it to be honest. First mover advantage etc. This could turn out to be the Amazon of the promo gift market.

[urigem] 05/6/2018 08:45

Progress Update

-- AIMPro officially launched in late January 2018 to the AIM buying group, the largest and fastest growing promotional products distributor group in the US, now comprising 1,704 distributors with aggregate revenues of $1.5bn

-- High engagement with AIM members as at 28 May 2018:
-- First 57 AIM members placing live orders, 37 of whom (65%) have placed multiple orders
-- $2.8m sales orders processed through AIMPro; average order value $1,258
-- 51 AIM preferred suppliers signed up (from 28 in March)
-- 462 (27%) of AIM members currently actively engaging with US team, of which 80 have been on-boarded

-- AIM partnership agreement extended and enhanced
-- Recruitment of a permanent management team in Philadelphia
-- Two-year partnership to launch ChannlPro signed with NAPCO Media in the US
-- Equity fund raise in February 2018 of GBP1.5m to accelerate rollout of AIMPro
-- Graeme Couturier appointed as Group Chief Financial Officer

[nw99] 05/6/2018 08:44

One of the best tips from SCSW under the radar

[urigem] 05/6/2018 08:39

New to this, been reading the news.. looks a really good update, I dont know anything about the product.. so we do some reading this afternoon. took a few this morning as looks interesting

Non-executive Chairman, Peter Hallett commented:

"We are pleased with the pace of progress currently being achieved with our AIMPro Tech Suite, which remains our key focus and represents a substantial opportunity. In a short period of time the platform has been very well received with 462 (27%) of their 1,704 members either already on-boarded or actively engaging with our US team. AIM is the largest and fastest growing Promotional Products Distributor ("PPD") group in the US, adding a further 200 members since we initially partnered with them. This increase is fuelling our opportunity for growth without additional customer acquisition costs while driving throughput potential to $1.5 billion per annum, the largest aggregated point of access to the $23bn US market.

We are hugely excited by the multiple opportunities that our technology is enabling and which are now beginning to yield tangible evidence of value far in excess of our legacy business. With the recent appointment of a Group CFO and Nichole assuming the role of Chief Executive, the Board looks forward with confidence."

[stephen1946] 05/6/2018 08:30

With no bank borrowing needed and Institutions piling in, why is a placing a problem, should it be required?

Shares are becoming rare, meaning the demand is there. The only problem i see going forward is, liquidity. We need more shares made available.

I would add, the % profit going straight into Alt bank and Traction now evident, and growing, means Money is never a problem.

[qs99] 05/6/2018 08:24

Cash position looks OK IMO, so hopefully with more on boarding the incremental leverage should mean little risk of a further placing in the short-term .....is that how others read it? DYOR

[allstar4eva] 05/6/2018 08:15

The chart is looking spectacular.

[john09] 05/6/2018 08:13

90p

Today is just the start. There’s another quid from here at least

[john09] 05/6/2018 08:11

88p sit back enjoy,

[northwards] 05/6/2018 08:11

ALT gets C 8%-10% commission on that $2.8m figure I believe.

[john09] 05/6/2018 08:08

Nice chart, nice open. 84p as I write,

Why sell? Exactly . This will really pop

[john09] 05/6/2018 08:02

Hold on to your hats

[allstar4eva] 05/6/2018 07:49

Yep the first signs that this could really work. Promising.

[northwards] 05/6/2018 07:42

382 members in line to onboard ! That is impressive.

[nurdin] 05/6/2018 07:26

Yes ,excellent progress.Ball has started to roll and gathering speed !

[northwards] 05/6/2018 07:20

On boarding happening at a faster rate than previously anticipated and we have the first $2.8m of orders via aimpro. That number will now balloon as we move forwards. Very happy!

[stephen1946] 05/6/2018 06:58

Well, its that time again, Good luck All.

[mauricemonkey] 04/6/2018 23:10

Anywhere between 50p and £5