Altitude Share Discussion Threads

[urigem] 05/6/2018 13:13

So they are now at 27% 426 customers actively engaging. Only after 4 months - obviously this will put them under pressure to get everyone onboard but revenues from this alone are going to go exponential over the coming year. 37 only got to £2.8 million in four months and the would be on a steep curve. This will be bringing in turnover 60-100million at 10 percent margin but if fully adopted will be more nearer to 300-400 million. I think this is right ? Assumes success but 426 in such a short space of time would appear they are queuing at the door to use AIMPROc.Looks like this will be a interstellar year for ALT

[northwards] 05/6/2018 12:14

Just had another read of ALT's investor presentation from Feb 18.

It talked of AIMPro comprising 1515 members with aggregate revenues of $1.3bn.

Today's statement talks of 1704 members with revenues of £$1.5bn

A perfect storm of growth ...

[zho] 05/6/2018 11:47

Urigem - SCSW - try September 2016

[urigem] 05/6/2018 11:40

I like the look of ALT, obliviously not been a LTH as first time I have every come across the company. Now that revenues are rolling in I suppose the biggest risk is thier ability to roll out ASAP and attack other markets.Looks a good buy, going to look through my old SCSW .. Anyone know what month they started coverage?

[northwards] 05/6/2018 11:37

May be tight for a SCSW mention this w/end. That said, I do think they will add on the back of today.

[urigem] 05/6/2018 11:14

Read the presentation, very good. Is there anywhere we can actually test AIP Pro to get a feel for the software?

[mannymif] 05/6/2018 11:04

SCSW this weekend. They like ALT a lot. Don't think it's too late to include today's news in the forthcoming issue. I too am a long term holder, over a year, and I will be holding for the long term.

[john09] 05/6/2018 11:02

Assume next official news is at the AGM in 3 weeks

[nurdin] 05/6/2018 10:34

Yes a good point.Also the high operational gearing means that most of the revenues will fall straight to the bottom line.I can see these being rerated big time as the story unfolds.

[john09] 05/6/2018 10:34

I’m a holder of 77,500 of these at 70p. OPG is looking good today too suggest that’s bottomed and will also have a good 6 months along with this one

Market cap here is still puny. I maintain that the market cap should triple in short order.

Today’s rise will be nothing. Expect another rise tomorrow then some coverage in the coming weeks

[ramridge] 05/6/2018 10:24

I have been a holder since February and today's results are highly encouraging. The ramp-up of AIMPro has gone much better than anticipated. Their strategy looks spot on and they are / will reap huge rewards. Great management.
Just one snippet which people may have missed. Last year's presentation given by the company talked about assuming an average order value of $500. Their base scenario was built on this assumption.
Today's results say they are experiencing an average order value of $1258 with the initial 57 AIM members. Going forward, they will have to revise their av. order value to say $1000 IMO. That will make a huge difference to their projected revenues.

Topped up first thing this morning

[urigem] 05/6/2018 10:19

Thanks Northwards

[northwards] 05/6/2018 10:13

For any newbies, do read this presentation. Some good info on commission % etc:

hxxp://www.altitudeplc.com/wp-content/uploads/2018/03/Project-Canaveral-Investor-Presentation.pdf

[stephen1946] 05/6/2018 09:57

All threads have a curmudgeon, apfindley is ours, even when we multibag, he will find a moan.

[robbnw] 05/6/2018 09:47

ApfindleyWhat utter rubbishQs99 agreed! Me tooMost alt shareholder are long termAs for the update today yeeeeeeaaaa!!Just what we wanted

[urigem] 05/6/2018 09:41

Does appear like "critical mass " has been achieved - another one in the SIPP

[qs99] 05/6/2018 09:29

Nope. I’ve held this for a year already and am willing to hold for another few years to get the upside. Have not sold a bean yet mate!! Why would I? If during rest of 2018 they keep getting and improving traction, combined with v high margins and cash generation, why would this not multi bag big time? Please put your counter arguments! It has big risk of course on delivery. DYOR. But looking forward to updates broker notes..

[urigem] 05/6/2018 09:12

ap

are you a holder here?.. what your thoughts?

[apfindley] 05/6/2018 09:09

The usual names are here to ramp this, with talk of ten bagging and then talking of a few years blah blah. Most of these guys will have sold out within DAYS not years. Lol.

[allstar4eva] 05/6/2018 09:04

Ten bagger? If this comes off it will be multiples of a ten bagger!

[john09] 05/6/2018 09:04

96.5p mid. I think once SCSW followers catch on with the “look for signs of traction and this will multibag” there will be scores of new shareholders piling in here .

Previous high of £1.40 and that was with zero traction on the business model. Zero.

[qs99] 05/6/2018 09:02

Am holding on for a ten bagger over coming years if they get this right IMO... may take a few years but with those GMs and a decent chunk of the marketplace well the maths could be amazing..... DYOR

[john09] 05/6/2018 09:01

96p . Was in auction I think.

[urigem] 05/6/2018 09:01

took a chance and bought quite alot of these this morning .. I like SCSW. if they are covering them before this update, then worth a punt