Altitude Share Discussion Threads

[thebigshortfella] 11/9/2020 19:06

John09 - hope you are well fella. If ALT was a fraud, wouldn’t they have made sure they had “met” their forecasts? 🤔

[northwards] 11/9/2020 17:14

Kemche - I wouldn't rule it out. Last update confirmed liquidity was getting tight and, as long as volumes recovered, cash would be ok manager said. We'll know I'm the next free weeks ...

[kemche] 11/9/2020 16:43

Will they need funds soon?

[john09] 11/9/2020 16:05

Wake up people. Get your cash back and decorate the living room

[john09] 11/9/2020 11:40

Oooo in to the 14s. You lot still think this is working lol. Its a fraud . Can’t wait for the next update it’ll be close. Maybe maybe the penny will drop for a few more thick people

[robbnw] 10/9/2020 23:54

Is anything good for you If you followed SCSw sat and bought at 5 p you just made 60 percent Not bad on 500000 shares in a matter of weeks When you last made that on a share mate

[northwards] 10/9/2020 19:55

Looks like alt management is going to the wire on publishing results. Is it doing so in order to give shareholders the most up to date picture, or are they finalising extra investment?

[seangwhite] 10/9/2020 13:10

Nice of johno9 to give his inside knowledge of whats in the coming ALT update

[john09] 10/9/2020 11:23

8p. Dreadful. It was 8p a few months ago!

You wont get 8p for ALT by the time the next update comes

[robbnw] 10/9/2020 09:08

Lol yes right Ps for those that slag SCSW , they tipped Wameja at 5p recently . Today announced take over at 8p. Nice little tip . Thanks SCSW

[seangwhite] 10/9/2020 08:36

The BB needs its john09 to bring proper insight into the company especially with his obviously broad depth of research and industry knowledge

[robbnw] 10/9/2020 07:08

Still here John Still moaning Nothing better to do

[john09] 09/9/2020 23:32

Erm. Nobody’s buying this for 50p. Just like nobody’s buying it today for 15p. You lot are still nuts

[robbnw] 09/9/2020 23:00

Yes i believe he would

[mannymif] 09/9/2020 10:48

To clarify, I didn't mean to imply that I thought that anyone would sell at 15p, but if it is felt there will be little pick up in the US promo market for the foreseeable future, I think an offer around the 50p level (where we were trading for months pre-covid) could definitely turn heads. At no time have I ever specifically mentioned individual shareholders.

[northwards] 09/9/2020 10:32

I agree Rob. He won't undersell. But if next year an approach comes at 50p, given his other interests, will he turn his back on 5 million?

[kemche] 09/9/2020 10:13

I think like all wise investors I shall await Stephen to show his hand before deciding what to do. But I have a sneaking suspicion that he may be averaging down.

[robbnw] 08/9/2020 23:11

Then you don't know him 90 percent his wealth tied up in Alt His life time work He won't undersell

[seangwhite] 08/9/2020 19:20

It makes a change to read a well reasoned post on this BB. I wait in anticipation for our John09 to hit the keyboard with his own well researched missive.

[thebigshortfella] 08/9/2020 17:59

Manny,

re: That person isn't MV (although he would be excellent). That's a good point. Although I may want it, it's not going to happen.

re: Just a few important tweeks and this could multibag. I absolutely agree.

Good luck and thanks again.

[onjohn] 08/9/2020 15:04

Looks fuct

[northwards] 08/9/2020 14:48

Manny - excellent analysis.I have down scaled my holding here as I believe there are better opportunities in the short term, I'm worried about the cash position and I can't see the US promo market rebounding strongly until we'll into next year. If they can survive this Covid bump, 2021 on could get interesting.

[mannymif] 08/9/2020 14:37

BSF, i agree wholeheartedly with that.

Yes, they need someone to do the macro/big picture part. That person isn't MV (although he would be excellent). He has said on numerous occasions that he feels that he has taken it as far as he can (read his linkedin page) and wants to persue other interests.

Just a few important tweeks and this could multibag. I think the main focus for Nikki at the moment is making sure that we have enough cash to survive and not raise funds/ dilute shareholders (as it should be), but going forward we also need to engage investors more, especially in the US.

[thebigshortfella] 08/9/2020 14:03

Many thanks Manny. Brilliant analysis of the situation and what they need to do turn it around.

Assuming that ALT moves their listing to the US, would you agree that they still need someone to do the macro view/strategy piece in order to whet the institutions’ appetites?

Maybe that person is still MV, but my gut feel is that he needs to be a lot more in the public eye. MV spoke about stepping back and letting Nikki run things. I believe this is a mistake. Yes, he should let Nikki run things, but as he seems to be someone that can inspire and is charismatic (I’ve met him and can confirm this), he can do the “PT Barnum” selling the vision and Nikki can then turn it into reality and deliver it.