Altitude Share Discussion Threads

[john09] 15/10/2018 00:36

£79 lol

I see the Stockopedia lot are speaking. Hopefully they start to ramp this one

[davidosh] 14/10/2018 23:57

Just to let you all know that Altitude will be exhibiting and presenting at our MelloLondon investor event in Chiswick W4 next month. MelloLondon is a two day event and starts on Monday 26th November which is the day that Altitude will be attending. You can find out more here...



There will be 60 quality companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day.

[robbnw] 14/10/2018 11:17

My view millenial is that anything below 100 p is a great price Esp good time to buy now while general world markets are jittery

[millennial] 14/10/2018 10:22

Cheers Robbnw
Ideally would like to triple my holding Before the next update

[robbnw] 14/10/2018 08:50

Great price millenialGood for you

[millennial] 14/10/2018 08:06

FWIW I bought in friday when the advfn indication was around 70. Huge apparent spreads. I took 5k because that's all I was offered, and it's higher already.
Altitude Group (ALT) : Corp

Technology & Telecoms

Interims
Key data
Share price (p) 93.0
Target price (p) 105.0
Market cap (£m) 50.8
Enterprise value (£m) 49.5
Interims highlight substantial progress in development of the distributor and supplier base of the ChannlPro platform. Members processing orders increased to 164 (Feb: 24; May: 57), of which 120 had placed multiple orders. The development of gross transaction revenue on the platform ($9.9m in the last 16 weeks) has advanced in anticipation of the margin Altitude takes from those suppliers, with the current focus on growing the scale and making ChannlPro the go-to platform for leading industry participant, distributors and suppliers. We review forecasts to accommodate lower near-term revenue, albeit all the operational KPIs are progressing in line with expectations as the scale of the platform develops. Twelve-month target price remains 115p, equivalent to an unchallenging 9x FY19 EBITDA, 13x P/E and a 5.4% free cash flow yield, target parameters which can be easily lifted with demonstration of execution credibility.

[wooluf] 13/10/2018 19:29

Top 2 benefits listed on AI mastermind are down to ALT on rhs of page
hxxp://www.aimastermind.org/Landing/



FREE Cutting Edge E-commerce Website for all members -- a great tool for targeting millennial buyers.

We offer online company stores which you can create for as many customers as you like at no extra charge.

[thebigshortfella] 13/10/2018 14:16

opodio - I heard on the grapevine that the Finance Director subscribes to SCSW... ;-)

[opodio] 13/10/2018 14:00

That probably what the finance director has seen when he bought shares on Friday

[opodio] 13/10/2018 13:59

Altitude shares soar as revenues boosted by US and UK acquisitions

The AIM-listed technology and information company said for the year ended 31 December 2017, its revenues increased 41.2% to £6.1mln from £4.3mln
upward going chart
Altitude Group said it remains free of bank borrowings, with net cash resources of £2mln
Altitude Group PLC (LON:ALT) shares soared on Tuesday morning as it reported an increase in revenue, boosted by contribution from new acquisitions in the US and the UK.

The AIM-listed technology and information company said for the year ended 31 December 2017, its revenues increased 41.2% to £6.1mln from £4.3mln.


The company said its gross profit increased £0.8mln to £4.3mln from £3.5mln, while technology revenues stayed at £2.4mln.

AdProducts.com Limited, UK-based supplier of promotional products, acquired in June 2017, contributed £2.1mln to the group’s revenues and £1.2mln to gross profit.

In January 2018, the company officially launched AIMPro, the largest and fastest growing promotional products distributor in the US, now compromising 1,704 distributors with aggregate revenues of US$1.5bn.

Altitude Group said it remains free of bank borrowings, with net cash resources of £2mln, up from £0.7mln a year ago.

Peter Hallett, non-executive chairman of the company, said: “We are hugely excited by the multiple opportunities that our technology is facilitating, and which are now beginning to yield tangible evidence of value far in excess of our legacy business.”

In morning trading, Altitude Group’s shares jumped 22.15% to 96.50p.


TOP Up time for me

Next update should do it

Gross profit will be going up weekly since September

[allstar4eva] 13/10/2018 13:42

FST too...

[thebigshortfella] 13/10/2018 13:33

robbnw - yep. FOOT and LUCE also. MGP also...

I fully understand that they can't get them all correct, but their choices/decision making has become suspect over the past year. Reversion to the mean perhaps?

[robbnw] 13/10/2018 12:52

Big short and AllstarHave to say I agree re SCSWTheir tips have been horrendous recently On top of the likes of CAKE. What about UPGS they tipped them and within a month they were valued at a third of the tipping priceI agree You can't blame them for CAKE but you pay £150 and expect more successes than failures Disappointing

[thebigshortfella] 13/10/2018 11:11

allstar4eva - I agree. My renewal to SCSW was due this month & I am not carrying on with it.

There track record has been impressive but recently it’s been terrible & I have lost confidence in them. I may be being unfair but how else can I judge them?

[allstar4eva] 13/10/2018 10:46

SCSW clearly aren't to blame but they are supposed to sort the wheat from the chaff to enable ordinary punters to invest with a reasonable degree of confidence. They charge for their leads as expert tipsters and they have had an awful recent run and the CAKE debacle tops it off.

[john09] 13/10/2018 10:35

A bit early for Stephen I think

[robbnw] 13/10/2018 10:07

Stephen SCSW arent blamed for CAKE I'm just saying it's unfortunate for followers who invested I'd say if anyone has to answer it's Grant ThorntonAnyway nice bounce back in AltThe whole market is jittery Steady as she goes !!

[stephen1946] 13/10/2018 09:44

Crazy nonsense. SCSW is now blamed for not seeing through the Cake deception.

If Luke Johnson/G.T. missed it, what chance anybody spotting the deception?

My comment was not aimed at you Rob, Many investors on the P.V. thread have thrown masses of bile at SCSW, crazy.

[robbnw] 12/10/2018 19:21

Totally right John And thank goodness we are not CAKEPoor SCSWHow can Grant Thornton get away with it

[john09] 12/10/2018 17:11

I notice Hotel Chocolat has dropped from £4 to £2.50 too. More and more I’m thinking the sell off here is pretty much in line with elsewhere . The difference is in the background this is quite the growth company

[robbnw] 12/10/2018 11:17

Love ya John Brilliant lol

[robbnw] 12/10/2018 10:10

John lol And as for Mr 50p BCP10I was waiting for your stock message 50p soonPlease please can I buy your shares for 50pWhere do I make the payment lol

[john09] 12/10/2018 09:39

2 good signs that we are bottoming, the CFO has bought and a desperate Mr 50p has returned