Altitude Share Discussion Threads

[peterm10] 25/5/2024 15:44

Thx for posting . Do we have any metrics that people have seen eg 30000 students x $50 per head pa gives 1.5 million sales and margin to ALT is ? Sorry being a bit lazy

[northwards] 24/5/2024 20:29

Looks like Macomb Community College is now with Gear Shops ... 30,00O students.

[yump] 21/5/2024 14:01

So were the higher prices the result of rampant profits, or pi’s getting over excited, causing the rating to be bonkers ?

Its not the company’s fault if investors pump the price up in greed.

Why should share options be priced based on those prices ?

[seangwhite] 21/5/2024 13:01

North - were you responding to mine or maltkro's comment?.

[rivaldo] 21/5/2024 11:58

Looking strong.

[maltrko] 20/5/2024 22:47

Performance related bonuses are usually based on achieving new high water marks. Since Nicole has been in charge, the share price, just after her appointment, was above 115p. Surely any performance bonus shouldn’t kick in before that level. We don’t want another scenario where we gift mediocrity. Hallett was allowed to buy close to 1 mil shares sub 10p not that long ago, why? Pay for performance

[seangwhite] 20/5/2024 20:55

It only needs another increase in the share price of 83% to get back to the 2017 equity price!

[gleach23] 20/5/2024 20:36

Nice late trade reported of 50k @ 42.4p should hopefully support a good start in the morning

[seangwhite] 20/5/2024 20:35

I think you have not thought this to it's logical conclusion. It means the executive have what's seems in historical terms to be an easy hurdle to achieve. Forget the number over 100p it's the other we need info on.

[robbnw] 20/5/2024 18:53

Agreed Sweet What's not to like about these types of incentives We all win here

[seangwhite] 20/5/2024 15:16

The last ALT equity raise adjusted for inflation would now be 78p so the share price targets for the options now being given to the Directors seem fairly low to me.

[sweenoid] 20/5/2024 13:35

Agree- retention of the CEO, CFO AND COO is crucial, key for me is the trigger points
When boards of directors and non-execs set out the triggers for the allocation of shares they always set them at what they regard as easily achievable levels 😉, so they would expect 105p to be achieved within that time and almost certainly very much sooner.

Volume still ‘thin’ though despite the rise, less shares traded so far than I own 😂,shares are tightly held here so good news should spark significant moves in the share price

[investographer] 20/5/2024 11:05

What a way to incentivise the Directors! And only exercisable from the third anniversary!

[sweenoid] 20/5/2024 07:32

I am all for incentive awards but I would like some more clarity as to how many are awarded ( free) at which point level.

However I am delighted that this very attractive reward TIES IN our senior executives for 3 years ✅ ( if they wish to exercise and it would seemingly be daft not to given the current performance of the company). The setting of the price starting at 46p escalating to 105p suits me fine and I would be thrilled if and when they exercise the plus £1 grant.

Hopefully we will get the gear shop update along with another trading statement by the second week of June which I expect to be a BEAT and BULLISH, let’s hope the share price consolidates at this level till the next big step up ( fully expect it to be 50-60p after finals.

S

[yump] 13/5/2024 07:36

Some really strange posts on some threads that look like they are malfunctioning AI !

[sweenoid] 13/5/2024 07:30

It’s open for a ‘cheap’ takeover now! I don’t think you have read the last updates properly?

[seangwhite] 12/5/2024 11:15

The lack of any real updates from ALT have led to the current very low share price The next update will be in June I suppose in line with 23. Let's hope it is a really impressive one or ALT will retest old lows and surely be open for a cheap takeover.

[sweenoid] 11/5/2024 07:29

It would be if it was30 jobs but those 3 are likely for existing shops.
I think the next trading statement AND gear shop news will come in 4 weeks time so am hoping share price will consolidate here till the next March up.
S

[northwards] 08/5/2024 13:24

University Gear Shops on LinkedIn just posted 3 job adverts. A good sign I would suggest.

[yump] 06/5/2024 20:23

Yes sorry should have said. Been looking at the fixed costs over last few years to see how quickly increases in revenue drop to profits.

[ali47fish] 06/5/2024 19:38

yump is that activeops

[yump] 06/5/2024 18:56

What's nice about ALT and I think pretty unusual, is that when they say inline with expectations, they quote the expectations. Even the big corporates don't often do that !!

Lots of AIM stocks just pay lip-service to PI's, ALT seems a bit different.

I presume the expectations aren't a big secret, except that they are often behind a paid firewall, as if the brokers weren't pocketing enough already.

Interesting comparing this to other solid businesses (just been trying to decide whether to buy more AOM). However, the gearing of profits to revenue increases appears to be much higher here than at AOM. Both have roughly the same revenue.

I usually pencil in a 10% net profit to see what the rating would look like in a year or so, which is quite revealing.

Currently AOM has a share price over 100p, with very high recurring revenues.
On the other hand, when you see that ALT's latest 12mln gear shop contracts are over 5 years +, that counts as recurring for me. Not sure about the other parts of the business.

So assuming say 2mln net profit at some point in the next year or so, ALT (pe 13) is way, way cheaper than AOM (pe 35).

PS I'm not pushing AOM, its just interesting and I'm trying to talk myself into buying more ALT !

[davidosh] 06/5/2024 00:21

We have invited Altitude to Mello2024 as I really think they need to meet individual investors and engage in person. They have presented at these conferences in the past

For the whole of this long weekend any investor buying a ticket for the *Mello2024* event will be given the bonus of being able to bring a friend or family member completely free of charge. Worth getting a friend to join with you and halving the cost maybe...

Will end at market open on Tuesday as it is a bank holiday weekend so plenty of time to connect

Mello2024 investor conference takes place on the 22nd and 23rd May Do come and join us....another six companies added to the list today and another six to be announced on Monday.

We want to keep this important face to face engagement with companies going and it has been tough since Covid as many directors just want to do webinars as their only token offering to investors. If you want to ask private questions or check out body language it is impossible on webinars and investors need to network with each other too.

Please support us and encourage companies/ management teams you are in contact with to come along to Mello2024 in Chiswick on 22nd or 23rd May

Mello2024 – Mello Events

If you have never been to one of our two day conferences before then clearly you are missing a great opportunity to engage with management teams and also network with hundreds of likeminded investors so we are offering virgin tickets at just £30 for either of the days so that you can see what it is all about.....a big discount from £99.00 and if you do not agree having spent the day with us I will give you an annual pass to our virtual shows on top. I just want investors engaging with all these quality smaller companies. This offer is only if you have never attended before so please be fair to all those who pay much more.... Simply enter the code NEW2MELLO24 BUY NOW:

[northwards] 05/5/2024 21:56

Watch out for updates on new Gear Shop / university contracts. May into June likely timescale for these.