Altitude Share Discussion Threads

[robbnw] 10/3/2023 21:08

Most stocks were down today

[robbnw] 10/3/2023 21:08

Also mine too

[northwards] 09/3/2023 20:30

It would seem so. It's my biggest sipp holding, but I added a smidgen today.

[stars309] 09/3/2023 20:29

We know one thing for sure Alt is materially ahead Youd have to be mad or skint to sell right now. Huge potential upside

[seangwhite] 09/3/2023 18:38

Looks like someone is busy buying ALT which bodes well for the next update.

[robbnw] 09/3/2023 12:53

I think so And then some I hope

[stars309] 09/3/2023 12:16

Nudging up to 45p Update should break 50p

[rivaldo] 07/3/2023 12:34

'ello 'ello.....

[sweenoid] 06/3/2023 07:29

‘Unexpectedly positive’

What a laugh, it was signalled by the company in its previous statements, if you didn’t take notice you lost out.

My belief is that they actually held back on expectations which is wise as over delivering is infinitely better than over promising. Given trading AND acquisition of new ‘partners̵7; was progressing ahead of expectations I expect that to continue for the last 6 weeks of the year, the £v$ tailwind of 12% YOY remains in place.

So all seems set for another very positive update at the end of March or 1st week of April. The other ‘marker’ for growth here is the company is not only talking positively for 2023 but extend their optimism to 2024, not many companies out there with the potential growth and revenue trajectory that this has?

Totally undervalued and under appreciated company imho
S

[stars309] 05/3/2023 17:27

Altitude (Aim: ALT), which owns a platform connecting buyers, sellers and manufacturers of promotional merchandising, featured at 31.5p in my "four small caps to buy in 2023" article in MoneyWeek last December. Since then, the company has announced an unexpectedly positive trading update, with broker Zeus upgrading its pretax profit forecast for the year to 31 March 2023 to £0.8m from £0.5m. Technically, this isn't a UK technology stock, aside from the London listing. While the p/e ratio (even after the profit upgrade) looks expensive, there is a huge market to go after. Continued execution by management could make the stock a multibagger over time. Michael Taylor holds long positions in BOTB, PCIP, and ALT. You can get Michael's monthly Buy The Breakout newsletter for free at shiftingshares.com. Follow Michael on Twitter @shiftingshares.

[robbnw] 03/3/2023 19:03

Yes totally

[seangwhite] 02/3/2023 17:56

I was replying to the post saying 'update at end of March' and thought the date made sense

[robbnw] 02/3/2023 17:52

Why haven't we just had one

[hatfullofsky] 01/3/2023 21:56

I've been waiting for this to dip but IFOMO got me.Bought in today. Newbie to the board but like the 4Imprint link and expect they are watching closely.

[northwards] 01/3/2023 09:49

Time for next leg up approaching

[seangwhite] 26/2/2023 19:18

Seems a sensible time to give an update which we hope continues the good news theme.

[northwards] 24/2/2023 09:22

Suspect we will get a trading update at end March for the FY.

[ali47fish] 23/2/2023 08:09

down 8pc why

[robbnw] 16/2/2023 13:28

Exactly and let them go We need shareholders who see the long term growth Quite feasible to double the share price again from here in my view . The current broad plot of solid growth targets then hit and try to smash them each period with a few nice surprises along the way is a winner in my view Id say aim for 70 p by end year and I think that's well achievable

[allstar4eva] 16/2/2023 09:11

Re: price targets could literally be anything. As mentioned the company has a bit of a chequered history so the market may take a bit of convincing that things are different this time. Sentiment drives the share price The price *could* easily be far higher than 50-60p IF updates continue to be positive.

[allstar4eva] 16/2/2023 08:16

Probably a lot of stale bulls in here. I agree the prospects look fajtastic but some will just be pleased to have finally gotten their money back and exit. Each to their own.