Altitude Share Discussion Threads

[millennial] 12/1/2019 18:50

Well john

Please refrain from negativity. note that Mr Varley says "negative comments from posters on bulletin boards have no place in a professional and regulated investment community"

:)

[john09] 12/1/2019 18:44

I found this commentary in that RNS really odd lol.

[millennial] 12/1/2019 18:43

robb
Well i personally find it distasteful to see directors sell in November and buy back in at 68p. Martin Varley sold 300k back then and knocked the price for six.

Commenting on the Share Sale Mr. Varley said:



"I do not feel that in relation to my overall holding such a modest share sale needs any apology or detailed explanation, but with the inevitable negative comments from posters on bulletin boards that I believe have no place in a professional and regulated investment community, I thought it best to make a small comment.



As such, I want to remind shareholders that 95% of my resources are invested in the Group that I founded and there are inevitable times in life when some personal liquidity is needed or wanted to satisfy existing obligations.




Where he get the money from now

he saw a turn to dump shares and he took it. Tell us how it is President. Dont LIE with fakery jiggery pokery news.

[robbnw] 12/1/2019 18:13

What will be interesting is to see which fund managers have bought in the placing Will we get some big names as well as the current directors and major shareholdersWe will probably find out Monday when placement details are announcedInteresting week aheadALT and the brexit vote in the commons lolI reckon share price will shoot if we have some big new investors Also our business is totally brexit proof

[robbnw] 12/1/2019 18:10

Millenial offer wasn't to general public

[robbnw] 12/1/2019 18:09

I get you bigshortBeen a major disappointment SCSW for me too

[stephen1946] 12/1/2019 17:43

"Altitude will not be a billion Dollar company" worth putting that statement in the diary for use on another day, not too far away.

[stephen1946] 12/1/2019 17:36

Standard procedure, placing not a public auction. Primarily because no prospectus is involved, cheap way to raise funds to, in this case, buy an opportunity. End of.

[john09] 12/1/2019 17:35

Altitude will not be a billion dollar company

Torch are getting paid plus have some option contrary to some posts on here about them working for free. I’m also not sure they’re on the whiskey

[stephen1946] 12/1/2019 17:24

Teetotal my friend, but as i said previously, i bet Torch are on the Whiskey.

[john09] 12/1/2019 17:15

Stephens on the whiskey already lol

[homebrewruss] 12/1/2019 16:29

I noticed this in the end re the placing 'MEMBERS OF THE PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE PLACINGS.' but I have heard that some brokers can sometimes get involved on your behalf.

Would be nice if they opened it up at least to current shareholders.

[homebrewruss] 12/1/2019 16:13

Millennial, not sure how to take part in the placing but I would be interested to find out.

The second placing hasn't even started yet as it needs a vote so it should be possible. Some brokers can probably sort this I guess, perhaps worth contacting the company/finncap.

I see Trader_007 is hoping to take part:

[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