Altitude Share Discussion Threads

[allstar4eva] 07/6/2018 14:00

maurice - agreed - no one went broke taking a profit and that is entirely your choice of course and good luck with it.

Re: revenues the following from the RNS:

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

A tad over 300k. And this is not the legacy business.


Edit - perhaps I misunderstood your statement of new business gets a share of 2.8m? My understanding is that the 2.8m is all new business - not legacy. I was referring to this statement:

'The company keep bandying about huge numbers then say they’ve managed < 300k revenue.'

[mauricemonkey] 07/6/2018 13:46

Hi allstar, why do I need to revisit that statement, the “new” business gets a share, we don’t know how much btw, of $2.8M.
The legacy business is pretty immaterial imo.
As for the 41 likes. AndEverything is trying to sell promo products to the general public /small businesses, it is clearly failing in this regard at the moment. The results RNS stated that they would be rolling out AndEverything to the US, I can’t see a compelling reason why they should bother give the poor uptake so far. The likes are indicative of brand awareness, there isn’t any.
Lastly the reason I sold wasn’t to try and gain 10%, it was because the price was more than I thought the risk was worth. I could easily see this falling back to 70p. At around 80p that is less than my usual 15% loss appetite. Sure I might miss out, but no one went broke selling at a profit and I’ll keep it under review as the risk profile changes, I have no issue buying back at a higher price if the revenue stream is proven.

[stephen1946] 07/6/2018 12:22

I have said it previously but it is worth repeating, Martin Varley is a `darling` with regards to Institutions, they have invested in him before, on several occasions, and he has delivered, handsome returns.
No sizeable involvement yet from those same institutions, that must mean they are circling and will at some stage take a sizeable chunk. Just a guess, they will likely attend the AGM and have a chat with Martin and Nikki before ploughing in.

Institutions value track records above all else, at some stage they will invest heavily here.

[northwards] 07/6/2018 11:09

I feel very comfortable with how this is playing out. Suspect the AGM later this month may offer a further insight into progress since end May. If not this w/end, SCSW will update on ALT in its July edition. And we have c 1.2M shares coming to the market on 12 June - I suspect they have already found a home. I'll be buying any dip.

[robbnw] 07/6/2018 11:05

I agree . Investors don't understand here the businessIn the end , for ALT , do they need the share price high ... no , not really , Not in the short term . Great that it is though , for us investors but you need to look long term My view is buy on the dips and then hold the stock Those that sell now will rue the day imho

[allstar4eva] 07/6/2018 10:24

free stock charts from uk.advfn.com

[allstar4eva] 07/6/2018 10:07

Certainly there is plenty of risk here at this valuation but there is also one hell of a lot of potential reward. For me the last update was great because the one lingering concern for me was if businesses would actually use the tool. The fact that they they have not only used it but also repeated that usage for decent volume orders is very encouraging. As stated high risk but also sky high reward potential and some of that risk was removed with the last update imho.

[ali47fish] 07/6/2018 09:41

thanks stephen- i like this company and i hope it prospers- what's BFTD- buy the dip with swear word i googled it

[stephen1946] 07/6/2018 09:28

Nothing goes up in a straight line, i go along with Urigem, June/July is the next critical update, from there we will know for certain where this is heading.

I would always say, the analysts/newspaper pundits do not understand this and are wary in ignorance, not factually.

[allstar4eva] 07/6/2018 09:25

BTFD imho.

[stephen1946] 07/6/2018 09:23

ali47fish, DYOR is always the safe bet, asking B/B posters is a bad policy.

From my perspective, i am holding for the day an announcement changes everything.
Why is it retracing constantly? very few understand the concept(The maths i am not qualified to interpret)but the growth is obvious.

Urigem is extremely knowledgeable in working out the maths, which makes this a good medium to work out your strategy, alongside your own research.

[ali47fish] 07/6/2018 09:13

all i am interested in is why is the share price retracing - since i have invested i have taken a bit of profit but evrytime the share price goes up it goes down the next day- what is the best strategy : to stay invested or to take profits when it goes up

[urigem] 07/6/2018 08:39

One thing i did last night was register and play with Andeverthing.com, uploaded materials through to checkout, It is very slick and easy to use. I'm very impressed. The product range will get bigger but the functions are all there. This will take time to penetrate the market but very easy to use. well worth trying if you haven't yet (although may screw up their stats a bit)

[urigem] 07/6/2018 08:28

Lokks like it is the LSE - Just has note from my broker

[stephen1946] 07/6/2018 08:24

Urigem, it is my understanding that they are still working on the tech, They are looking to make it, all singing all dancing, System.
AIMPRO are underestimated and their influence will drive Alt to an altogether different level.

[urigem] 07/6/2018 08:19

think its advfn thats down

[urigem] 07/6/2018 08:18

stephen

Yes only guess work, big question for me - is the platform itself. I have seen the video's looks good, but would like to have a play with it to fully understand the investment

[stephen1946] 07/6/2018 08:17

lse appears to be down? no trades showing

[urigem] 07/6/2018 08:12

morning smithie

i disagree, i look at this as a start up, with operating cashflow from legacy activities. however I do wonder how this got to £1.40 Prior- it would seem it go a little ahead of itself? But you do have to look at the scale of growth going forwards, and i do not mean years and years. Could be wrong, but looks like they will have a very good business in a very hot sector.

I Agree that the results to Dec are not anything special, but its all sort of irrelevant as the first contract with Channl wasnt even live. look at the speed that they have executed so far.

[stephen1946] 07/6/2018 08:01

The figure none of us can even guess at is the repeat order figures, should these become a regular feature then the numbers would be huge.

New `signings` and repeat business on a regular basis is a mouthwatering prospect.

[urigem] 07/6/2018 07:48

Morning Stephen

Yes agree, I think over the next two months you will start to see transaction volume raise significantly. there must be quite a lag from start which is why i think the $2.8 is so impressive. I cant remember there being any statement of AIMPRO transaction volume before the results, is that correct? my toughs are that Apr and May were the only months to see meaningful revenue, so we should expect that to raise exponentially as the 400 in the current process come online - my money is May was about $1.2mil, about 2.5 million in june alone, and 4 million july?

[smithie6] 07/6/2018 07:22

this really has a cap. value of 50M for a turnover of ~6M !!

....which was lower than the prior year if remove the acquisition !!

(is it 1/2M share options exercisable by the MD at 0p/share (!!) with NO perf. targets to meet. just has to turn up !)

while they only own 8000 shares !!

& with text from the chairman in the results which imo is shameful ramping/pumping

super expensive shares for falling like for like turnover

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so, these shares are not for me