Altitude Share Discussion Threads

[mannymif] 14/9/2018 13:50

For IHT reasons, I would be very very suprised if ALT were to be listed on any other exchange than AIM

[stephen1946] 14/9/2018 13:32

Rob, i think nurdin would be the first to admit, his view is an opinion, as is yours.
I think the 25th Sept will confirm, positive traction, enforcing your opinion that Alt is making tangible progress. Nurdin though is more cautious, probably that has proved successful for nurdin in the past, i wish sometimes i was more cautious, thats for sure.

Good post overall, Rob.

[sheep_herder] 14/9/2018 13:25

I think one point that might have been lost with the change of model is that the market is many times smaller now. The original quoted $25B market is mostly those mom and pop stores that would fit the original model. Now that they've moved to targeting large cooperatives or whatever you want to call them, is the market even a tenth of the original now? I think that puts more pressure on Martin to apply the same model to other businesses.

Still, if they get to 50% penetration of the AIM group then we'll all be happy.

Another thought is that they may well return to the original model at a later date once the low hanging fruit is captured.

[robbnw] 14/9/2018 13:08

Guys .The US isnt a distraction It is just a fact ALT main market is the huge USA It makes obvious sense that , as the business grows , we get to the stage where there is active investor interest in the US I merely make the comment that aside from employee i am not sure it is easy to buy shares in an AIM company . Anyway , be that as it may , i am sure our shares will continue to rise.As for MV, he is the main shareholder , our founder and a huge asset to the businessIt is right and proper that he has passed the day to day ops to Nikki. We now have a superb team in command and they deserve our support as investors .Big things ahead !Roll on 25th

[stephen1946] 14/9/2018 12:04

nurdin, Nothing to disagree with in your reply, Many thanks.

[nurdin] 14/9/2018 11:54

stephen.. yes I consider that suggesting US institutions are or will be buying is a bit of distraction or perhaps even misleading at present, for the reasons SH has mentioned.I much rather entertain the idea of ALT listing on the USA market but they cant do that unless they have a few years of profitable accounts under their belt.That was all to my post.

ALT success in the USA is dependent on a number of factors and while I am confident they will deliver there in the end I for one am not taking it as given.

[kemche] 14/9/2018 11:38

As long as the suit is of a city type then I don't care what le president gets up to. That's my point and I am not budging on that. Until I do.

[stephen1946] 14/9/2018 11:25

Nurdin, A Red Herring, a misleading clue or distraction(so called from the practise of using the scent of Red Herring when training hounds)

On the basis of the definition, you consider the USA meaningless, at present?

Again, based on the above post, just how far into the future do you suggest we need to wait to evaluate the Concept.

The post ends with a distinct element of doubt in the concept, perhaps you might expand your theory?

[nurdin] 14/9/2018 10:57

Yes agreed..USA is a red herring at present.Who knows what might happen in the future though....specially once ALT build up a track record of sustainable profits..if they do.

[sheep_herder] 14/9/2018 10:45

Employees can always buy shares in their own company and I would have assumed that anyone in the US can buy AIM shares. From what I've read, it's not as easy as here as they don't have as many brokers that allow retail investors to trade in international markets and/or it's more expensive or there are minimim trade amounts.

Regarding institutional buying - can you suggest why anyone would want to invest in a tiddler who have only proven that they've got their business model wrong once? It would have to be a very specialist boutique fund who didn't have rules about microcap stocks.

My view is that I very much doubt anyone outside of the US team know anything about ALT. If you look at the current share register, isn't it just Martin and those who are close to him? As a side thought, even if we assume at some point there would be any interest, is it an attractive share to try and build a stake in? Probably not given how closely it's held. Trying to build a 5% stake would send the price into orbit so unless there are any more planned placings, it's probably not that attractive. Just my musings.

[robbnw] 14/9/2018 06:31

Then again Nikki did didn't she so maybe I'm wrong Thought it an IRS issue but maybe not Stephen ? Would have thought soon will be major US interest

[robbnw] 14/9/2018 06:30

JohnDon't think usa residents can buy shares in alt currently Maybe wrong but not directly Funds maybe Or am I wrong

[robbnw] 13/9/2018 22:25

Guys Can't we just keep this site professionalWe all want the same surely .... to see ALT fly

[sheep_herder] 13/9/2018 20:16

Sorry everyone. I should have just filtered the *&$! long ago. Does my head in. No more from me.

[stephen1946] 13/9/2018 17:51

SHEP, Sorry love, back on filter.

[stephen1946] 13/9/2018 17:35

Shep, you really are a numb nut. Quoting that post confirms it, any company that has such an asset as Martin in the top chair has to lead investors to the obvious question, is this a one trick wonder? With Nikki now proving she is a very capable deputy, the question is dealt with.
Alan Sugar had the same problem at Amstrad. EASY chairman, the Dutchman had a similar issue. Lord Hanson years ago, same problem. Souter at Stagecoach same issue the list is endless, is the company as good, without the founder? The founder has`nt left, but the question remains, and is asked, constantly.

Of course, a numb nut such as you assumes that my point is Martin has left, but i did not say that nor did i try to weaken Alt as an investment.


UNLIKE YOU WITH THE POST POINTING OUT A DIRECTOR SOLD SHARES BECAUSE OF LACK OF CONFIDENCE IN THE COMPANY.

[stephen1946] 13/9/2018 16:46

shep, you are obviously much better informed than i, but as an investor i believe i am able to post my thoughts, however wrong they may be.

I dont hound anybody, nor have i said Martin is no longer part of ALT, in the companies own words, Martin has handed the day to day running of ALT to others. Of course Martin, as a non executive director still has an important role, but not as the stage coach driver.

Martin as the Majority holder and builder of ALT it goes without saying that he still has the final say on most aspects. Please dont regard me as one of your sheep, i find my own way around, you, i dont like nor do i need your permission to speak.

[sheep_herder] 13/9/2018 16:32

Stephen, I think you'll find Martin is still busy looking at what is next for ALT and how to build the business. Nicole and her team are fine running the day to day stuff and Martin can get on with the fun side. He was saying he was happy to hand over to Stella as the company had got through the fun start up phase in the same way that he moved on from FOUR when it was established. If he enjoys the start up side of the business so much, and I'm not speaking for him here as we didn't discuss it, I very much doubt he'd enjoy sitting on the board of a FTSE100.

Your continued insistence that he is no longer part of ALT needs to be set straight. That's all I'll say on that subject. I wish he were still happy to communicate with us via that QnA channel I set up but people like yourself hounding him had the obvious effect of turning him away.

[stephen1946] 13/9/2018 16:10

Very astute Rob. Walmart are not making the inroads in the sector that they would have wanted, plus there are a couple of other USA promotional outfits that could be interested, then you have Hedge funds that are always buying into promising companies like ALT.

Martin replied to the question, "Do you think Four would bid for ALT?" with, "Four could not afford ALT, we might buy them"

So its a question of, when the proof of the pudding is set on the Table on 25th Sept, how will the market respond? and how quickly has traction developed and where do Torch see Altitude going in 12months to 2 years in terms of income?

I see Torch being very important now they have a grasp of Altitude, another extremely vital question that has been answered within the last 6 months? Is Altitude capable of surviving without, Martin Varley? The answer to that is an unequivocal YES. That question was holding the price down, now it has been answered, the Alt share price will rocket, why? because the Company has established its credentials as a well run, organised Cash cow.

Martin Varley has proved beyond doubt that he is the Grand Master in the promotional products industry and he has no peers, plus he has built the most remarkable Machine from scratch to sell pots and pans to the World.

The most astonishing aspect of Martin`s success is the fact that he has not been courted by a ftse 100 company to join their board, perhaps that is in the offing, if not, it`s a criminal oversight.

[robbnw] 13/9/2018 15:33

John. Not sure how easy it is for US residents to buy shares in ALT , tbh Great to see the interest though. Totally justified . As you say , the business only has a market cap at 100p of circa 50m GBP. That's nothing . If the results on 25 sept are good , we could see some acquisition interest even