Altitude Share Discussion Threads

[yump] 30/5/2024 17:26

Looks like one poster on here is a bit bitter about buying way higher when the share price wasn’t really justified.

I think the share price is pretty much where it should be pending more contract news.

[sweenoid] 30/5/2024 17:17

No news leaked and 40p is a derisory share price anyhow

When ALT release the trading statement ( imho week beginning 10th June) it will be a stonker. They will announce a beat on analyst estimates for FY 24 (ended 31st March), they will announce that trading in May maintained the very strong start to FY 25 that occurred in April and they are highly likely to give investors very pleasant news on Gear Shop that in their words “ has made a transformative entrance into the collegiate market” They also have already told us they are outperforming their peers.

I expect a significant re-rating, today’s share price in no way reflects the dynamic growth this company is experiencing and FY 25 will in my opinion rightly see this stock at least doubling its share price in the next 10 months- we shall see.


All in my own opinion, I have a huge investor here and fully expect a commensurate reward.

[napoleon 14th] 30/5/2024 16:10

Gear Shop contract news leaked out?
Good +ive move today up to recent resistance.
Hope that gets busted tomoz.

[northwards] 28/5/2024 13:13

Possibly. But a few pence here or there is small fry in the longer term scheme of things. I'm looking for 60p plus in the next 12 months.

[seangwhite] 28/5/2024 13:04

Trying to call the share price on this is definitely akin to picking horses by liking the name. Good luck to you North as unless the ALT board gets some decent newsflow you maybe able to buy lower in the near future.

[northwards] 28/5/2024 12:01

Decided to add a couple at this price. Would expect a positive gear shop update in the next few weeks.

[rivaldo] 27/5/2024 12:08

ALT are tipped this weekend as one of five small caps to buy this summer (and they're the only one of the five that appeals to me, although admittedly I'm already a holder!):



"Altitude Group operates as a leading provider of technology solutions and promotional products. They offer a comprehensive range of services, including marketing tools, CRM systems, and e-commerce platforms, catering to the needs of distributors and suppliers in the promotional products industry. With a
focus on innovation and customer support, Altitude Group helps businesses streamline their operations, enhance customer engagement, and drive growth through effective promotional strategies.

Fundamentals

Altitude Group Plc, a leading provider of branded merchandise solutions, continues to demonstrate strong growth and market momentum. The Group expects to meet or exceed consensus expectations for FY24, showcasing significant revenue and adjusted EBITDA growth of around 100% over the past two years.

Current trading remains robust, with strong performances in the Merchanting and Services divisions, and promising new Gear Shop contracts. With increased US credit facilities and solid cash generation, Altitude is well-positioned for continued success and is confident in its outlook for FY25, supported by strategic
foundations and a capable team.

Technical Analysis

Altitude Group's shares have recently completed a bottom pattern after breaking through resistance at 37p. The initial breakout in early May propelled the shares to 40p, followed by a slight retracement to retest the newly formed support at 37p. In recent sessions, there has been increased buying pressure, leading to a strong upward move, reaching the highest price since November 2023. This momentum suggests that we will likely see higher prices in the coming months, with a target of 53p."

[sweenoid] 25/5/2024 21:59

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Here is a link to the table- remember this applies to 2023 CY - the revenues that are currently’exploding’ are not really represented here ✅



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[seangwhite] 25/5/2024 21:07

North - you should really be on the payroll of ALT as you publish more than the BOD seems to do.

[peterm10] 25/5/2024 14:44

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 19:29

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

[yump] 21/5/2024 13:01

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 12:01

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

[rivaldo] 21/5/2024 10:58

Looking strong.

[maltrko] 20/5/2024 21:47

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 19:55

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

[gleach23] 20/5/2024 19:36

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

[seangwhite] 20/5/2024 19:35

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 17:53

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

[seangwhite] 20/5/2024 14:16

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 12:35

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 10:05

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

[sweenoid] 20/5/2024 06:32

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 06:36

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