Share Name Share Symbol Market Type Share ISIN Share Description
Altitude Group Plc LSE:ALT London Ordinary Share GB00B0LSFV82 ORD 0.4P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.25 -1.2% 20.50 298,149 08:19:36
Bid Price Offer Price High Price Low Price Open Price
20.00 21.00 20.75 20.50 20.75
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 6.60 -2.77 -4.38 14
Last Trade Time Trade Type Trade Size Trade Price Currency
15:15:52 O 8,984 20.1001 GBX

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Date Time Title Posts
16/7/202013:42Altitude - AIM Pro aggregating the PPM Market5,895
01/7/201813:35Alternative Investments1
25/6/201808:06Altitude the only trade you'll need.5,434
23/5/201520:47ALT - bottomed out?119

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Altitude Daily Update: Altitude Group Plc is listed in the Support Services sector of the London Stock Exchange with ticker ALT. The last closing price for Altitude was 20.75p.
Altitude Group Plc has a 4 week average price of 18.25p and a 12 week average price of 18.25p.
The 1 year high share price is 112p while the 1 year low share price is currently 15.75p.
There are currently 70,096,179 shares in issue and the average daily traded volume is 380,353 shares. The market capitalisation of Altitude Group Plc is £14,369,716.70.
billster2018: So, question. What if there are no new members and no new suppliers, but from existing revenues, they are able to get 5% of fees from 75% of the existing total supplier revenue. What is the share price? Eg 2.2bln (total revs) minus distro mark up, which is 1.32bln (at a complete guess). So 75% of this at 5% fee is about 50mln USD. Where do we then value the share price.
thebigshortfella: Billster - I like your thinking. I suspect we are coming from a similar place, ie is ALT about to become a worthy speculative punt? I agree that ALT “appear” to have a “potentially” scaleable business model. The problem, as John09 has pointed out, is that they have pivoted far too much and at times it looks as though they have been just clutching at straws. Furthermore, I believe that ALT has overestimated how easy it would be execute on their plans with AIM. I’m not saying they can’t get there, just that it will take them far longer than they and investors imagine. It’s entertaining reading all the excuses and justifications provided by long term investors for ALT’s poor performance. It seems no one is at fault for the crash in share price! I agree with you that Covid has come at a particularly bad time for ALT and it’s investors. What it has also done is obscured (up to a point) if the new business model works. I do agree with John09 that the supposed strength of their solutions, should be that they have a far better idea of tracking throughput and, therefore, revenues. I’m not trading ALT at this stage, but will be checking the next update to see if I should take a position.
gjk0268: I think the share price will do nothing over the next 3 months other than drift downwards to 18-20p. Septembers update is all about how quick things pick up for In the greater economy.If I knew the answer to that....... this share is a dead rubber until the American market comes out of lockdown and begins to grow again. My opinion is that The share Price of 18-20p will already have factored septembers update.
thebigshortfella: Good question Kemche! If we remind ourselves of the facts back in June 2018 (2 years ago) Torch were appointed as the "long-term financial adviser" and granted options: Issue of Incentive Options Remuneration for Torch shall involve the grant of two million Incentive Options the terms of which are as follows: 1. Incentive Options over 1,000,000 shares with a strike price of 90 pence per share, straight line vesting over three years 2. Incentive Options over 1,000,000 shares with a strike price of 90 pence per share and split into three vesting hurdles: - 333,333 options when the Altitude share price reaches 300 pence per share - 333,333 options when the Altitude share price reaches 400 pence per share - 333,334 options when the Altitude share price reaches 500 pence per share Now, Torch could have been working hard with Stella to figure out the best business model. If ALT recovers to £1 and were to stay at that price, they stand to make £33k a year for 3 years on the first batch of options... I appreciate that they are highly incentivised to help ALT get the share price to 500 pence, but considering that we are still waiting for confirmation that the business model is REALLY working, I doubt they are holding their breath... What do you or anyone else think?
thebigshortfella: Robbnw - you really are primed on my name. You keep bringing it up and I keep telling you that I have never done a short. Capeesh? As I highlighted previously, I had a long on ALT that by luck expired before the drop. No skill on my part, just lucky. You are right though that I have been negative about ALT, because I believed it would take longer for them to execute versus expectations. Based on the performance of the share price, clearly I was wrong... As I have been saying more recently, but you don't seem to be getting, I am positive on ALT based on the last update. Unfortunately, COVID and a recession has turned up. If they hadn't, I would be going long on ALT without a doubt. I love Manny's idea of a listing on the NASDAQ and clearly this would be a good way for Nicole to hit her strike price. I can see it happening. But when? Considering that the majority of ALT's updates have been badly received in the past, despite them getting closer to delivering, I am happy to sit and wait to see if COVID, recession and a poor update will drive ALT further down. I understand that you and all holders would prefer this not to happen, (although it would be a great opportunity for you to average down), but I am not responsible for your trading decisions. Northwards - the monkeys must be ecstatic! ;-)
chasbas: Sorry to be simplistic but ALT's customers/distributers are located in the US and selling to US industry, which is in robust shape. ALT's exposure is on the Supplier side which is expected to contribute approx half of future revenues BUT the strategic deal with ASI should be hugely beneficial. Supplier stocks may start falling from July but the recent AimSmarter webcast seemed to confirm that suppliers hold between 4 to 6 months of stocks, with an emphasis on 6 months. IMO the share price discounts a couple of quarters of disappointing supplier revenue BUT owning ALT gives us ownership of future revenues in perpetuity. ALT's balance sheet, as mentioned above, gives them the cash to ride this out. ALT's market cap is only £31m and management all bought above the current 46p share price. Surely management buying of shares after the March trading update will create a bounce? Of course, the coronavirus could cause a major pandemic in which case I have more important things to worry about.
seangwhite: The slow down in chinese production will hit the ALT share price in the coming months as the market wakes up to the effect this will have on turnover.
stephen1946: Whilst waiting for the March update, it is of interest to all holders to understand the, Major Strategic Alliance with, Advertising Speciality Institute. The recent outbreak of Coronsvirus is not good news for any USA companies, including Promo Goods companies like Alt. ASI Alliance is therefore an extremely fortuitous opportunity for ALT. Eventually this Virus, like others will be circumvented, then the Promo industry will see the floodgates open, on demand for carrots for punters. ASI have access to 55 countries, not just N.America. The fall off a cliff of the share price is way over done as the Figures, imho, will show. ALT will be seen to be in a very favourable position, as opposed to other promo companies in USA & beyond. ALT has recognised, it needs to `Self promote` whilst helping its customers, `promote their own businesses`. On that basis alone, ALT is a tremendous share to own at very little risk. Some extremely cash rich companies will now know of, Altitude, which opens others area`s of opportunity for holders, at a very nice price. All imho. It is sad to discover the Founder of ASI, Joseph Segel, passed away on 21 Dec 2019. He was a Giant in any Industry, connected with him. RIP.
buywell3: Deletion of posts noted andrbea - 05 Sep 2019 - 09:22:44 - 3941 of 3943 Altitude - AIM Pro aggregating the PPM Market - ALT .... andrbea - 17 May 2019 - 12:45:08 - 2718 of 3943 Altitude - AIM Pro aggregating the PPM Market - ALT .... Brucie5 - 17 May 2019 - 12:27:30 - 2715 of 3943 Altitude - AIM Pro aggregating the PPM Market - ALT andrbea, is this your TERN 2.00? I hope its rise will prove more sustainable. andrbea - 17 May 2019 - 12:23:48 - 2714 of 3943 Altitude - AIM Pro aggregating the PPM Market - ALT ... andrbea - 17 May 2019 - 09:21:36 - 2700 of 3943 Altitude - AIM Pro aggregating the PPM Market - ALT I like post 2681 yesterday 'a £10+ share price' :-)
stephen1946: Very astute Rob. Walmart are not making the inroads in the sector that they would have wanted, plus there are a couple of other USA promotional outfits that could be interested, then you have Hedge funds that are always buying into promising companies like ALT. Martin replied to the question, "Do you think Four would bid for ALT?" with, "Four could not afford ALT, we might buy them" So its a question of, when the proof of the pudding is set on the Table on 25th Sept, how will the market respond? and how quickly has traction developed and where do Torch see Altitude going in 12months to 2 years in terms of income? I see Torch being very important now they have a grasp of Altitude, another extremely vital question that has been answered within the last 6 months? Is Altitude capable of surviving without, Martin Varley? The answer to that is an unequivocal YES. That question was holding the price down, now it has been answered, the Alt share price will rocket, why? because the Company has established its credentials as a well run, organised Cash cow. Martin Varley has proved beyond doubt that he is the Grand Master in the promotional products industry and he has no peers, plus he has built the most remarkable Machine from scratch to sell pots and pans to the World. The most astonishing aspect of Martin`s success is the fact that he has not been courted by a ftse 100 company to join their board, perhaps that is in the offing, if not, it`s a criminal oversight.
Altitude share price data is direct from the London Stock Exchange
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