Altitude Share Discussion Threads

[thebigshortfella] 06/12/2018 19:11

I also note that ALT’s share price is highly correlated with the consumption of cabbages & the mild (ab)use of the capital letter “G” in inappropriate places in posts on bulletin boards.

Fooled by randomness? I suspect not...

[john09] 06/12/2018 19:03

It was down lower more earlier in trading , and this shot up when the Dow was lower.

[stephen1946] 06/12/2018 18:48

Dow Jones Down 460 points at this moment in time. Tomorrow will test Alt resilience.

I believe the exponential growth showing here is turning vertical and those that understand that sort of thing are very excited in the undeniable Great prospects.

Update Mid January 2019, perhaps, could send the share price vertical.

[john09] 06/12/2018 16:59

That’s Simon Paul Taylor up to 3,000,000 shares that’s more than BNY and Kilick !

We shall have to do some digging

[john09] 06/12/2018 16:25

Chart looking positive. Ok we are still in the trading range but trust me in this market this is doing extremely well

[northwards] 06/12/2018 09:21

Been quite a bit of buying in the last 24 hours .., not sure the MMs can continue to walk it down much longer.

[john09] 05/12/2018 20:51

This is doing so well.

I hadn’t looked at Blue Prism for a while. A high of £26 and a low of £11 today !

Plenty of wider market woes.

Altitude is quality 👍🏼

[john09] 03/12/2018 16:17

Looks like this little uptrend since 70p is continuing anyway

[robbnw] 02/12/2018 22:34

I know you are Me too I will remind you in Dec 19 of this conversation when the share price is double or more where it is today and we all were wishing we had bought more at sub 85p

[john09] 02/12/2018 22:16

Agree, missing numbers is a worry for a new initiative like this. Anyway I’m in 👍🏼

[robbnw] 02/12/2018 21:42

Wouldn't worry about any fund raising John If it is to speed expansion then will only be a positive

[john09] 02/12/2018 19:10

Good to know

[homebrewruss] 02/12/2018 19:07

Re cash balances, apparently they have a 400k r&d tax credit and cash from UK print business unwinding so maybe not so bad:

[thebigshortfella] 02/12/2018 16:50

Thanks john09.

[john09] 02/12/2018 16:43

Nope. Always January . But decembers is out next weekend and they’ll cover the trading statement for sure.

[thebigshortfella] 02/12/2018 16:30

Are SCSW's NAP tips in December?

[john09] 02/12/2018 16:26

We were motoring at one stage. £1.06 intraday and a close over £1 too! Breaking out from May and June. But then the brakes came on. I’m pretty sure our friends the tipsters will make this a 2019 tip of the year , it’s the year all the action finally happens

[john09] 02/12/2018 16:21

To be balanced my concerns would be

Further fundraising. Nicholes presentation made a point about speed of uptake being linked to resource . Cash was £1.3m at the half year, not sure what it is today but you can assume it’s dropping. Nothing to worry about. No debt at all of course. But could do a placing which will reduce EPS. Would be nice if it was above the share price that’s always nice.

Speed of monetisation and the early teething issues spilling into Q1. As soon as we see a behind revenue statement regardless of prospects the share price will take a hammering. That’s what happened in September when we went from 94p to 69p . At least we receovered but any kind of behind and we will get hammered.

[john09] 02/12/2018 16:11

Good point on the USD. I must keep reminding myself. The pound will get weaker and weaker in the next few months.

2020 EPS forecast should get things moving.

Imagine a listing in the US 👍🏼

Four are 12 times our market cap

[robbnw] 02/12/2018 15:49

Agreed John But this stock is different We also have a huge bonus of the that that such of our potential earnings are in US dollars What better time with all the brexit worries to be earning in dollars I reckon 2019 is the year when finally things start to take off You and I have similar holdings in ALTOver 100000 shares Once we tip over 100 I reckon 200 300 will be easy Let's see Not much more patience needed imho

[john09] 02/12/2018 14:57

There’s always chance it’s a 2019 tip in January too. Sometimes that’s good for 60% rises.

You have to admit it’s gone sideways for a long time though. I know that generally means technically that when it jumps up it jumps up the most.

As soon as January commences we will be on a current PE of 10. As you say it’s 2020 eps that could set fire to things , could be on a very lowly rated forward PE from January once there are some forecasts.

My worry with a stock like this is not actually this stock at all. It’s the fact that others will fall and traders will pull money out here to trade the rises in others. This hasn’t fallen during the market squall so it won’t rise after either.

Premier oil has halved etc

[robbnw] 02/12/2018 14:48

Guess John the issue is the share is not widely knownThe Mello was ok but it's coverage is so limited SCSW may help next sat but tbh we don't see much traction nowadays from a positive update in SCSWBut I reckon q1 2019 going be the time this share price really starts to motor

[john09] 02/12/2018 14:25

You’re right in terms of how well it’s held up. Just a little disappointed at the lack of a rise given the trading statement and the investors event. Not much volume after that

[robbnw] 02/12/2018 13:34

Or John we could be realistic and say while so many shares have fallen ALT has remained steady Shareholding is a gambleI for one am VERY HAPPY with my shareholding in ALT And I am happy to sit tight for the ultimate prize I reckon 2019 going be an amazing year for our company