Altitude Share Discussion Threads

[allstar4eva] 14/2/2017 18:44

I've held. Will see how it pans out. Just saying estimates are meaningless right now as even the company have no idea how the take up will be. It's disruptive technology completely new so nothing to go on. Happy to hold though just acknowledging that I know the risks.

[bpc10] 14/2/2017 18:42

Back to 20p if they don't deliver imo

[sheep_herder] 14/2/2017 18:35

nurdin, perhaps they've been updated since Sept. They say the model will be updated as deals are signed and progress made.

[hitsha1] 14/2/2017 18:30

This time next year will be between £2-3, i am still holding tight, nothing has changed, i think everyone was expecting new deal or some earning from roll out, well it takes time, so good luck to everyone who have held, all the best.

[melf] 14/2/2017 18:25

Sheep is using the figures from WHI note which one would assume were compiled with ALT's assistance.

[allstar4eva] 14/2/2017 18:05

At present forecasts mean very little. They could be either wildly optimistic or far too conservative.

[zho] 14/2/2017 17:56

Comment at

[zho] 14/2/2017 17:45

From today's Aprinta press release:

"Aprinta Group launch free ecommerce websites for distributor customers


"Aprinta Group, a leader in the provision of screen printing and a supply of promotional products, has agreed a five-year agreement with Customer Focus, a subsidiary of Altitude Group Plc, to roll-out their Click to Ship solution.

"The launch, initiated on February 13th 2017 ... "

I thought the launch was at the end of lst year. Anyone else puxxled by this, or is it just me?

[sheep_herder] 14/2/2017 17:32

The base case EPS expectations are:

2017: 3.2p
2018: 5.2p

The second less pessimistic expectations are in the order of:

2017: 17.6p
2018: 49.3p

And those estimates are only for the current 2 deals. ALT think they need 5 deals to get to where they want to go.

Edit: just to clarify, to get those second set I added up the EBITDA estimates for all 3 income streams and divided by the 46m shares in issue. It ignores the small costs of 100k and 200k taken off for the base case but that used 42m shares.

[aishah] 14/2/2017 16:57

Chairman bought 55k @42.85p back in September.

On 3rd Oct company (previous session close=54.25p) issued Statement re. Share Price Movement:

"The Board of Altitude has noted the increase in the Company's share price and confirms that it knows of no operational or corporate reason for the movement which has not previously been announced."

Have set alerts for a possible entry point around the 40-50p mark. Imo,dyor

[malcolmmm] 14/2/2017 16:41

Me too , was stopped out at 73p but only had a few left as already sold at 107p, See what happens tomorrow early

[frankwhite] 14/2/2017 16:34

Yes REM and the future cash flow value is stating 70p, I am hoping this will be the support level that does not break! I've halved my holding and will buy back if I get a lower buy than currently available.

[rem108] 14/2/2017 16:27

GOOD REPORT THEN
5/6 ....Thanks for that, Frank White- no debt as well

[martinthebrave] 14/2/2017 16:06

Sold my remaining shares in ALT earlier today. Back on Watch List. Lack of proper news means this is likely to drift down for a while IMO. Will be back if they prove that they can deliver. Good Luck to holders.

[frankwhite] 14/2/2017 16:01

Interesting write up about ALT's debt here:

hxxps://simplywall.st/news/2017/02/13/has-altitude-group-plc-aimalt-got-enough-cash-to-cover-its-short-term-obligations/

[melf] 14/2/2017 14:51

smithless - you never replied when I asked you what firm you shorted ALT with.....maybe you'd like to reply now????

[smithless] 14/2/2017 14:46

I would like an apology from the sheep guy and others, who called me all names under the sun for shorting this at 130p. Still think its overvalued, but closed my short this morning.

[luckymouse] 14/2/2017 14:41

Yes - this sort of multi bagging (outside of speculative pharma/resources) would normally require the T/Us to be ferociously good with hugely ahead eps,pbt %s

[the patient investor] 14/2/2017 14:35

And that pathetic stupid embarrassing AND SO REVEALING OF THIS TRAGEDY: "results marginally ahead of expectations because of better cost control"!!'nnn


Not because "business is starting to improve" , no, just cost cutting and ... marginally...


So sad

[luckymouse] 14/2/2017 14:14

The osc divergences off the neckline should have been pointing the other way (ie osc waves rising showing sellers weakening & buyers coming in on the line) - didn't post b4 update as a bit unsporting & co deserve to be heard - TA now appears to bear out the update which is full of promise but v early days in reality re converting to revenue - the neckline is broken which is worrying hence the post here - there are a few buy points just below that some may grab - full height completion of the triple top is around 40 if that plays out. Strong news could interrupt.

[nw99] 14/2/2017 14:13

Looks like we all got sucked into this hype shocker