Altitude Share Discussion Threads

[tjbird] 08/7/2020 13:05

12p on way

[john09] 08/7/2020 12:26

How is that very informative? It’s in the bloody statement released yesterday...

Lol

[ali47fish] 08/7/2020 12:24

North thank you for your posts- very informative - please keep it up!

[northwards] 08/7/2020 10:05

Er, no !2.5m at end March.2m early July. With 1m to come for April/June Q.

[northwards] 08/7/2020 09:16

Nor offering 20 on the bid in volume.

[northwards] 08/7/2020 09:05

Can sell over 300,000 above listed bid price. Suspect there will be a large delayed buy ...

[john09] 08/7/2020 08:32

Market cap £15m. It’ll be £10m in blink of an eye

[john09] 08/7/2020 08:27

Sorry for folk who dont want to hear the truth

[firw00d] 07/7/2020 20:58

Did someone lose another shirt...... chippy tea John ?

[thebigshortfella] 07/7/2020 17:17

gjk0268 - Many thanks for this. I really appreciate you sharing your thoughts. Good luck.

[gjk0268] 07/7/2020 16:40

I think the share price will do nothing over the next 3 months other than drift downwards to 18-20p. Septembers update is all about how quick things pick up for In the greater economy.If I knew the answer to that....... this share is a dead rubber until the American market comes out of lockdown and begins to grow again. My opinion is that The share Price of 18-20p will already have factored septembers update.

[thebigshortfella] 07/7/2020 16:31

gjk0268 - but you didn’t answer the question I raised. You told me that my previous “target” price wasn’t going to happen, so I responded to that. (It’s interesting though that John09 predicts that number).

You gave your September pre-update SP, please let me know what you think it will be the day after the update. I am honestly very interested. I absolutely accept my prediction of 5p May not occur. Thanks.

[gjk0268] 07/7/2020 16:24

If you don’t like someone’s answer don’t ask the question big short fella. You asked for people’s opinion. If it’s different to yours so be it. I won’t say never because If they Keep failing to deliver it will be lucky to make 5p. Once again Though my thoughts are that the acquisition will prove to be a good one. Good luck

[tjbird] 07/7/2020 16:18

nikki to walk the plank

Didnt her boyfriend get paid by Altitude to relocate .WTF, FFS


if she walks we need the money back

[northwards] 07/7/2020 16:01

As you have no skin in the game, can I politely suggest you take your profanities elsewhere.

[northwards] 07/7/2020 15:05

My take having made a few calls:- real cash position is 3m (no issue about 1m deferred revenue being paid)- current cash position does not include monies from ADP sale, any annual rebates to March, nor rebates to alt from suppliers to end June.

[kemche] 07/7/2020 14:27

The dangers of being wedded to a share. Says everything when even the indefatigable Stephen has exited stage left.

[gjk0268] 07/7/2020 14:24

18-20p pre update but I can’t see it getting to Your buying figure of 5p big short fella. Looks like they will survive the COVID crisis and I will buy below 20p as I still believe the acquisition was a good one in the long term.

[john09] 07/7/2020 11:11

5p after next update

Sub 20p in coming days

[thebigshortfella] 07/7/2020 11:05

The real value of boards like this for me is the opportunity to use the “wisdom of the crowds”. So, let’s run a thought experiment:

First, guesstimate where the share price is in September.

Secondly, assume ALT has given its September financial update.

What’s the share price the following day?

[thebigshortfella] 07/7/2020 10:58

Seangwhite - I believe the reality is that ALT don’t have anything positive to say. No increase in preferred suppliers etc. Even PT Barnum would have difficulty waxing lyrical about ALT. Obviously, I could be wrong but I foresee the share price drifting lower over July and August (why would anyone buy?) and then comes the September update. No prizes for guessing whether it will be a positive or negative one. My plan was to take a punt on ALT at a much lower price as they get clobbered for poor updates (but show signs of winning with their new model). However, at this rate, even if the share price falls far lower, it’s unlikely I will have any real insight as to whether their business model is really working or not.