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Share Name Share Symbol Market Type Share ISIN Share Description
Altitude Group Plc LSE:ALT London Ordinary Share GB00B0LSFV82 ORD 0.4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -2.6% 18.75 18.50 19.00 19.25 18.25 19.25 208,274 13:41:38
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 6.6 -2.8 -4.4 - 13

Altitude Share Discussion Threads

Showing 11751 to 11773 of 12225 messages
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DateSubjectAuthorDiscuss
29/4/2020
23:39
Understood your point and agree in.principle. My referring to El-Erian was saying maybe the market misprices when events are outside of those perceived to be realistic.GLTA
seangwhite
29/4/2020
21:31
Not sure you have understood my posts....? the stock market discounts and looks forward. There is no doubt here & now trading will be tough but is that a surprise....it is the next move that matters.....the stock market is discounting recovery. Chart Ashtead over Altitude etc. Ashtead rallies as the stock market says the next move in eps is up on what it expects today etc
kenelmthomas
29/4/2020
21:27
Views and markets. He has been bearish all the way up. I honestly think his media presence is far greater than his stock market wisdom....he was very complacent early February. Etc
kenelmthomas
29/4/2020
21:22
Mohamed El-Erian had a fairly chilling view on the US drop in GDP just reported. His take is the activity levels are down some 40% and quick action will be needed to prevent a disaster. At this point in time it is hard to see beyond these numbers. Let's hope any return to normal is as fast as the drop for everyone's sake.
seangwhite
29/4/2020
20:39
& 2 quarters of "normalised" earnings or you could model -80% then -60% then -30% then normal (flat) etc. Point is the PE ex the cash should go up (which is what 4imprint has done and I think that is a buy!) to reflect the likelihood earnings (my guess estimate is 4p) are trough and you can discount that trough and then associated upgrades. Either way I think it is cheap.
kenelmthomas
29/4/2020
20:34
The point is still the same. The market should (if it was being a rationale) and place a higher pe on trough earnings if it believed those earnings have troughed and buy into recovery H2 and 2021. It is clear that the US is less emotive about actual fatality rates and who is vulnerable etc. The vast majority of people are no more vulnerable than say to a cancer. 4p is I think 2 quarters of no earnings. My model.
kenelmthomas
29/4/2020
20:29
I am actually wrong. Four Imprint trades 19* 2021 eps ex cash but closer to closer to 100 2020 pe. Four operates in the same market (promo) but has a lower gross margin and lower net margin making it more operationally geared than Altitude which has much higher gross margins. Either way the stock is cheap - absolute and relative to Four. Stock market is a discounting mechanism. Or it should be!
kenelmthomas
29/4/2020
20:20
Interesting post Kenel. And I see it's your first. Those Gilead drug trials seem to have set the US on fire a bit. US promo market is down on its knees but some companies are doing ok and there does appear a move to online which should play to alt for obvious reasons.
northwards
29/4/2020
19:59
Is the stock not rallying as the US is unlocking state by state? It is exposed more to mid US and SME's rather than the coasts (re geog exposure of distributors) and big events. Russell 2000 is a good proxy for SME's and has bounced hard. The last kpi's for the Dec quarter would suggest the model is working. Important The stock market should be a discounting mechanism and discount the future. If you halve the earnings which feels conservative as I am sure there is some activity & some must be selling PPE kit (see Pebble's commentary) & ex the cash you pay 20* for 4imprint but only 4* for Altitude. US investors look to recovery in H2 and 2021. The stock market expects a second wave & spikes in cases. For example State of Georgia unlocked fully and all expect poor data in 2 weeks time. Gilead's drug helps. Would be entirely rationale for 4imprint to rally to say 40* as it discounts trough earnings & then associated upgrades as life normalises (recovery) so surely 10* trough ex cash for ALT is not unreasonable - would be 45p.
kenelmthomas
29/4/2020
17:36
Naps anyone trying to buy a decent stake here has a big problem in that the majority of holders of any size are fairly closely associated with the current BOD. I believe that any decent bit of buying say 2 to 5% of the total shares will push this towards 50p in the not too distant future.
seangwhite
29/4/2020
12:20
Looks like there was a buyer yesterday who picked up c 200,000 shares.
northwards
29/4/2020
11:42
alt is up 10pc anyone knows why?- no news!
ali47fish
25/4/2020
20:45
My understanding is they have taken cost reduction measures. Not sure about furloughing, but I would imagine so.
northwards
25/4/2020
14:52
Thanks Northwards. Btw do you (or anyone else) know if ALT has furloughed staff? Also, does SCSW still hold ALT and, if so, have they made any comments recently? Thanks & have a great weekend all.
thebigshortfella
22/4/2020
22:55
Worth a listen:https://soundcloud.com/advertising_specialty_institute/industry-sales-in-q1-2020-beyond
northwards
21/4/2020
14:13
This is my view. Ex cash, we are currently valued at c 13 million. A few US states will start opening up on Friday. Who knows how that will go. But we have enough cash for a year or so. I see also that some of the promo suppliers are now picking up specific Covid related business ie, branded face masks.
northwards
21/4/2020
09:04
Any investment done presently must be with a view to next year. ALT has a business model which appeared to be working preCovid so when the world restarts it may hopefully be proved to be an undervalued share at current levels.
seangwhite
21/4/2020
08:57
Northwards - The next few weeks may not be very informative as COVID infections are likely to stabilise or drop during the summer months, based on what’s been seen in hotter countries. It’s what happens in September & October that will be more interesting. If we get a second wave, it’s more likely to be then. It’s highly unlikely we will have a vaccine by September, so it’s hard to not imagine another outbreak & another lockdown, unless we have a testing strategy at that point.
thebigshortfella
20/4/2020
20:03
Indeed, but some encouraging Covid 19 reduction numbers coming out today across Europe. The next few weeks will be critical to see whether infection rates start to rise again after lockdowns ease.
northwards
16/4/2020
23:37
John09 - got you. Good luck fella.
thebigshortfella
16/4/2020
19:29
I’m actively trading so not too concerned about where a stock is in a month. I’d just be aware of those that are NOT rising with the tide
john09
16/4/2020
19:21
John09 - it’s great that those stocks are up, but will they still be in 1 months time? I don’t know obviously, but it’s hard not to suspect another drop in all share prices due to the reporting of the negative impact of COVID, redundancies, state of the economy etc. What do you think?
thebigshortfella
16/4/2020
18:05
8 months downtrend. 8 months !!
john09
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