Altitude Share Discussion Threads

[john09] 12/1/2019 14:57

Good article Millennial

[millennial] 12/1/2019 14:39

forgot to =ask, anyone know who do i contact at fincapp to see if offer is still open and i can buy some in placing

[millennial] 12/1/2019 14:36

directors put 250k but why werent existing holders allowed to participate? its seems very unfair if martin Varley and gellan watt sold north of 90p in november and gets them back at 68p

imho

[millennial] 12/1/2019 14:32

is there any press
this weekend


ive only found one news article



Advertising Industry Mastermind, LLC, a Philadelphia-headquartered promotional products industry buying group, announced Friday that it has been acquired by Altitude Group Plc, a publicly-traded company with operations in the United States and United Kingdom. Financial terms of the deal were not released.



[At left] Jamie Coggeshall; [At right] Nichole Stella

Going forward, AIM will operate under the AIM name, led by Founder/President Jamie Coggeshall and Nichole Stella, CEO of Altitude. “What Jamie has done in building AIM from the ground up is truly remarkable,” Stella said in a statement. “He has delivered incredible benefits to the AIM membership and has built a culture within the community that closely aligns with ours. My team and I are extremely excited to work closely with him to take AIM to the next level.”

Coggeshall said that linking up with a publicly-traded UK holding company will make it possible to grow AIM into a global organization that offers technology, marketing, and operational services to its distributor members and supplier partners. There’s already been progress in that regard: In 2018, Altitude Group, in partnership with AIM, launched the AIMpro Tech Suite.

“We have known Nikki for many years and have watched her build out teams that deliver on service and innovation,” Coggeshall said in a statement. “The opportunity to solidify our relationship under one company is very exciting to us.”

Composed of more than 1,900 members, AIM is a membership-based group of independent distributors with more than $1.7 billion in aggregate membership sales, executives said. The group has more than 120 promo industry supplier partners, according to the group's website. For members, AIM offers things like EQP, training, networking, discounts on shipping and more. Actively operating in 10 countries, Altitude Group provides technology and information services to the promotional products, print and clothing industries.

[thebigshortfella] 12/1/2019 14:18

robbnw - Yep and LUCE, MGP, IDP, W7L...

I have followed them for over 20 years but they have lost their credibility in my eyes.

But no doubt they will prove me wrong in 2019!

[robbnw] 12/1/2019 14:09

Bigshort I agree re SCSWUPGS and footasylum just two Oh and pat Valerie

[robbnw] 12/1/2019 13:56

I agree totally guys re SCSWI've been a subscriber for a few years and last years tips have been a disaster The are now irrelevant to ALT even though they are a holder Forget them

[john09] 12/1/2019 13:06

The broker note issued yesterday (there’s a link posted yesterday by someone) shows net cash starting to flow

[pireric] 12/1/2019 12:46

How should an investor looking at ALT think about when cash flow inflects? Is there a timeframe that has been given by the company?
Thanks

[mannymif] 12/1/2019 12:26

Forget SCSW, a must read is the article on mikewalters.com ! Obviously can't repost here as its a paid subscription but if you can get hold of the story via a trial or subscribe ( much cheaper than SCSW) it really is a must read. I'm so excited to be a large long term shareholder of this terrific company.

[thebigshortfella] 12/1/2019 01:08

LOL Yep. I suspect there's a lot of disgruntled subscribers out there.

To be fair to them, they do seem to have got it right with ALT.

[john09] 12/1/2019 00:42

I won’t be cancelling my subscription because it’s peanuts in the grand scheme of things but I’d love them to know that I don’t think much of them these days!

Maybe we should set up a SCSW thread I bet loads would follow and post

[thebigshortfella] 12/1/2019 00:34

LOL I agree John09! I had already cancelled my subscription with them. I appreciate the market has been vicious recently but I can't forgive them for so many howlers last year! Have a great weekend fella!

[john09] 12/1/2019 00:18

Well it’s not a SCSW nap and frankly I’m a little relieved given they got them so wrong last year. And looking at the list I have to say they’ve picked a couple of things I wouldn’t touch with a barge pole!! 🤣

[thebigshortfella] 12/1/2019 00:17

ALT is not a SCSW Nap Tip and does not get a mention. I am not convinced that it matters!

[robbnw] 11/1/2019 20:28

Good point John Exciting times

[john09] 11/1/2019 19:14

I’m being conservative. Got to take into account the wider market action too and it’s been terrible for over a year. Once commentators start talking about the forward PE of just 5 we should start to re-rate. The current PE is only 10 too ! Even if the forward matches the current later in the year then you can double today’s price

[robbnw] 11/1/2019 19:00

JohnI actually think that's an understatement

[john09] 11/1/2019 17:47

So we are now on a forward PE of less than 5! If those new forecasts are to be believed. Should easily be on a forward PE of 15 later in this year ie £2.40!

[john09] 11/1/2019 17:42

Thanks Russ

[homebrewruss] 11/1/2019 16:26

For anyone that hasn't seen the latest Finncap broker note I see you can create a free account here and grab it:

[onjohn] 11/1/2019 16:16

market closes in 13 minutes

[onjohn] 11/1/2019 16:13

Something for the weekend, sir

[john09] 11/1/2019 16:12

Big volume today