Altitude Share Discussion Threads

[sweenoid] 17/3/2024 13:49

Be as it May they managed to announce this at the end of March last year!

Major contract wins
Altitude continues to grow its footprint across the US via its Merchanting programmes with the signing of multiple new significant contracts (the "New Major Contracts") . These multi-year New Major Contracts will generate an expected total combined gross revenue value of c.$30m, including $8m signed and subject to State clearance, throughout their 5-year terms


IMHO the bulk of new wins will be signed and sealed by now - I will be starting to get nervous if we don’t get news by the the end of the 1st week of April ( allowing for the Easter holidays)
S

[northwards] 15/3/2024 09:18

And company has said new contracts likely to be awarded March to June this year.

[davemac3] 15/3/2024 08:18

Stony Brook University is listed on there and has 25000 students

[sweenoid] 15/3/2024 08:07

It is

Currently showing 18 colleges rather than the 15 announced



am hoping the imminent ( surely wed-Thursday next week) will show college number nearer 25-30 with some much bigger entities.

Either way I like the web site

S

[northwards] 15/3/2024 07:31

I think this is our gear shop website: https://www.universitygearshop.com/home

[northwards] 14/3/2024 13:39

Four on a tear ... up 35% over last two months. Now at all time high.

[northwards] 13/3/2024 10:06

Would think at most we are 2 weeks away from a TU. Could drop any day.

[davemac3] 11/3/2024 17:38

Four now advertising on TV

[seangwhite] 07/3/2024 20:38

19th March is in my diary.

[northwards] 07/3/2024 09:22

Last year 's trading update was 28 March.

[sweenoid] 29/2/2024 11:45

Good points - I was thinking of the ‘prestige̵7; factor - IF and I don’t expect they will for a few more year yet did ‘nab’ an Ivy League selling to other institutions would overnight become rather easier 😂
S

[davemac3] 29/2/2024 09:37

There are dozens of US universities that are larger than the Ivy League colleges, although many folks who don’t go to say Harvard wear their clobber.
Edit one of the State Universities may be more lucrative eg Ohio or Michigan as the whole state supports their sports teams

[davemac3] 29/2/2024 09:34

There are dozens of US universities that are larger than the Ivy League colleges, although many folks who don’t go to say Harvard wear their clobber.

[sweenoid] 29/2/2024 08:48

See you mid-late March! 😂

[sweenoid] 28/2/2024 14:59

Well if we don’t get a trading statement tomorrow we likely won’t get one till the 3rd week of March.

My reasoning for why it’s best to wait
1 trading is likely very good given it includes revenues from 15 newly opened Gear shops and the US economy is doing well with low levels of unemployment.

They will know precisely how many college ‘wins’ they have by March 15-20 and have signed contracts, the KEY is in the number, I am hoping for another 15-20 but also in the size- 1 very large college win could easily equate to 4-5 small wins, a very major win like an Ivy League college is highly unlikely but all bets are off in they succeed ✅.
So I think good news awaits but the expansion is highly likely to need funding which is what’s holding back the SP

S

[seangwhite] 26/2/2024 20:46

Seemingly not insiders.

[northwards] 23/2/2024 16:31

Any ideas on the sudden flurry of buying ...

[yump] 23/2/2024 09:18

Doesn’t take much money to jump it around. Pocket money really.

Series of 10000 share buys. Thats not a pi surely.

[northwards] 21/2/2024 15:51

Can feel a bit of blue coming soon.

[northwards] 21/2/2024 09:38

Zeus has £2m pre tax pencilled for the FY starting April. That puts us on a forward PE of just under 10. And Doesn't account for significant Gear Shop growth.

[sweenoid] 21/2/2024 08:59

Agreed 100% Dave me

It’s a paradox isn’t it that if the bidding round for gear shop is a great success and management secure good contracts especially with large colleges that it will demand a fund raising. The market as it is for this incredibly illiquid stock is suggesting that the company is actually doing well 😂🤨
S

[daveme] 20/2/2024 17:19

It needs a good trading update to stop this relentless fall. Also a definitive statement, one way or the other, regarding a fund raising is required to stop the speculation hitting the share price.

[northwards] 20/2/2024 14:41

A few nibbles coming in at this level. Trading update can't be too far off.

[john09] 19/2/2024 15:52

All northwards does is “suspect”;

Go back and read his posts . Like some mental old woman suspecting

[northwards] 19/2/2024 15:46

If there is a fund raise to drive expansion, big holders will be stealing stock at sub 25 I suspect.