Altitude Share Discussion Threads

[john09] 03/9/2018 11:14

I’m not sure why they felt the need to RNS today. Period. But hey ho

[northwards] 03/9/2018 11:06

Nurdin - we'll get that number on 25 Sept, and more besides I'd imagine. I'm hoping that traction is moving at such pace that every extra week is important in showing delivery - hence waiting to end Sept.

[nurdin] 03/9/2018 10:57

The figure I am most interested in is the number of Aim members on boarded so far! The company seems reluctant to release this figure for some reason.Why?

[john09] 03/9/2018 10:47

I was hoping the RNS would get clearer with the new advisor on board.

[allstar4eva] 03/9/2018 10:43

Re: "14 out of the 19 AIM preferred suppliers who are identified as being in the top 30 US Promotional Product suppliers". This is clearly good news. I guess the problem is that on these bb's non holders tend to put a negative twist on news (even if it is actually good news) and holders exaggerate positives. Nothing new.

[kemche] 03/9/2018 10:39

Storm. Teacup. Bigger picture.

[allstar4eva] 03/9/2018 10:35

P.S. I don't agree with mocking people when they have misunderstood something that has not been presented clearly - and it most certainly has not.

[allstar4eva] 03/9/2018 10:31

Guys - I think there is a lack of consistency in ALT's terminology however I don't think it is a big deal. Suppliers signed up have increased from 51 to 65 - we could forget everything else and focus on that key point.

They have perhaps confused things slightly by providing additional information that these suppliers include "14 out of the 19 AIM preferred suppliers who are identified as being in the top 30 US Promotional Product suppliers". Now given that we do not know from the May update how many of those 51 preferred suppliers were identified as being in the top 30 US Promotional Product suppliers they could have perhaps supplied that information retrospectively to aid consistency.

[kemche] 03/9/2018 10:21

SH - some prefer to be stupid in private. Others not so much.

[sheep_herder] 03/9/2018 10:04

kemche, tell me it's not just me who gets it, please. :-)

[kemche] 03/9/2018 10:02

It's all too terrible for words!
;)

[sheep_herder] 03/9/2018 10:02

Why the hell has someone upvoted your post. That means there's at least two who don't get it. So let's try to clarify for the hard of learning amongst us.

In May they told us that they had 51 of the preferred suppliers signed up.

Today, they tell us they have now upped that to 65. They should probably have continued to use the term "preferred" in order to not confuse people but for the sake of argument, let's assume that this number wasn't presented today and the total still sits at 51.

The next point to note from today's RNS is that 19 of the AIM preferred suppliers are in the top 30 of all US promo goods suppliers. That's good. You want to get all those 19 signed up if you can.

The final piece of note is that out of those 19, ALT has signed up 14 of them already.

So to clarify, your confusion is that you think ALT are stating that there are only 19 preferred suppliers when in fact that is not the case. You continually cut off the final part of the scentence that defines what they're trying to say. To me it is quite clear, but to yourself and one other it is beyond your comprehension. I don't think you can really twist your lack of understanding into a lack of clarity by the company.

[john09] 03/9/2018 09:58

Well I’m glad the dribble back has ceased. In line with the broader market over the summer months. I expect September to be a good one for the share price

[sheep_herder] 03/9/2018 09:42

Read the full sentence. Use your common sense to work it out. Oh deary me.

[robbnw] 03/9/2018 08:48

Sheep you are a scream?Good news though Roll on 25 sept !

[sheep_herder] 03/9/2018 08:46

ram, if you could read, it would probably be a bonus to your investing decision making.

Edit: for ram, here's the relevant text translated for you, "...including with 14 out of the 19 AIM preferred suppliers who are identified as being in the top 30 US Promotional Product suppliers.". Translated, there are 19 AIM preferred suppliers who are also in the top 30 of the US Promo suppliers by revenue. Getting these on board means greater chance of increased earnings via the white labelled ChannelPro solution. In total, they have signed up 65 suppliers which is greater than the 51 you pointed out they'd signed up at the FY results.

[ramridge] 03/9/2018 08:41

They are not giving us any statistics to see what progress has been achieved.
In the last final report in May, they said 51 of the AIM preferred suppliers were signed up.
Now they are saying 14 out of 19 AIM preferred suppliers are signed up.
They seem to be shifting goal posts when defining what constitutes a major supplier.

This lack of clarity is at best bad management or at worst hiding lack of real progress in onboarding suppliers.

I sold out a few months back. Not confident to get back in on the basis of this update.

[sheep_herder] 03/9/2018 08:10

Nice to see the majority of the major suppliers signed up. Be interesting to hear what the take up is like.

[northwards] 03/9/2018 07:51

I think 25 September will be a good day ...

[robbnw] 01/9/2018 12:39

I'm sure northwards

[sheep_herder] 31/8/2018 13:24

I'm hoping the Sept update has nothing at all to do with Channl. That was their failed attempt at getting into the small size disti market before they changed business model to go after AIMPro and NAPCO. Those are the deals that will drive earnings. Channl is a bit part side effect of a failed business plan.