Find Your Broker
Share Name Share Symbol Market Type Share ISIN Share Description
Altitude LSE:ALT London Ordinary Share GB00B0LSFV82 ORD 0.4P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 76.00p 0 05:00:01
Bid Price Offer Price High Price Low Price Open Price
75.00p 77.00p - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 6.11 0.13 0.25 304.0 45.6

Altitude (ALT) Latest News

More Altitude News
Altitude Takeover Rumours

Altitude (ALT) Share Charts

1 Year Altitude Chart

1 Year Altitude Chart

1 Month Altitude Chart

1 Month Altitude Chart

Intraday Altitude Chart

Intraday Altitude Chart

Altitude (ALT) Discussions and Chat

Altitude Forums and Chat

Date Time Title Posts
24/1/201906:40Altitude - AIM Pro aggregating the PPM Market1,804
01/7/201812:35Alternative Investments1
25/6/201807:06Altitude the only trade you'll need.5,434
24/5/201710:32Sheep_Herder1
23/5/201519:47ALT - bottomed out?119

Add a New Thread

Altitude (ALT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-01-23 15:54:5075.99822624.64O
2019-01-23 15:54:4375.151,000751.50O
2019-01-23 12:53:3876.005,0003,800.00O
2019-01-23 12:51:0476.026,5935,012.00O
2019-01-23 11:12:5276.026,5935,012.00O
View all Altitude trades in real-time

Altitude (ALT) Top Chat Posts

DateSubject
23/1/2019
08:20
Altitude Daily Update: Altitude is listed in the Support Services sector of the London Stock Exchange with ticker ALT. The last closing price for Altitude was 76p.
Altitude has a 4 week average price of 70.50p and a 12 week average price of 70.50p.
The 1 year high share price is 106p while the 1 year low share price is currently 59.50p.
There are currently 60,024,159 shares in issue and the average daily traded volume is 262,366 shares. The market capitalisation of Altitude is £45,618,360.84.
16/1/2019
11:16
stephen1946: In my humble opinion, i do not think we will see the share price move that much until the next, trade update, then we will see a significant re-rating. Having said that, if the buying hits really high levels then the, MM`s would have no option other than to raise the share price.
15/1/2019
10:55
john09: Sheep, if you wish then the share price has done nothing for 12 months. It’s almost the same price to the penny And just because the new business went live on jan 1st doesn’t mean shareholders like me only arrived jan 1st. There was loads of RNS and tipsters talking about the future potential since 2016....ironically the share price has been much higher prior to your jan 1st date Like I said, all that matters is the share price and no on here has made any real money yet
15/1/2019
10:33
john09: It’s the share price that counts. Nothing else. And the share price has done nothing for 2 years. The reality is not one of the RNS about progress has changed a thing in terms of any of our wealth. Let’s hope this changes
14/10/2018
07:06
millennial: FWIW I bought in friday when the advfn indication was around 70. Huge apparent spreads. I took 5k because that's all I was offered, and it's higher already. Altitude Group (ALT) : Corp Technology & Telecoms Interims Key data Share price (p) 93.0 Target price (p) 105.0 Market cap (£m) 50.8 Enterprise value (£m) 49.5 Interims highlight substantial progress in development of the distributor and supplier base of the ChannlPro platform. Members processing orders increased to 164 (Feb: 24; May: 57), of which 120 had placed multiple orders. The development of gross transaction revenue on the platform ($9.9m in the last 16 weeks) has advanced in anticipation of the margin Altitude takes from those suppliers, with the current focus on growing the scale and making ChannlPro the go-to platform for leading industry participant, distributors and suppliers. We review forecasts to accommodate lower near-term revenue, albeit all the operational KPIs are progressing in line with expectations as the scale of the platform develops. Twelve-month target price remains 115p, equivalent to an unchallenging 9x FY19 EBITDA, 13x P/E and a 5.4% free cash flow yield, target parameters which can be easily lifted with demonstration of execution credibility.
13/9/2018
15:10
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.
13/9/2018
08:57
pietradura: A reminder from jon09 A reminder 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
12/9/2018
17:44
john09: A reminder 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
09/7/2018
07:43
onjohn: Next torch option level target 300p 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 Peter Hallett, Non-Exe
12/6/2018
18:10
bpc10: Came across this from Stockopedia following last weeks rns:Altitude (LON:ALT)Share price: 94p (+19%)No. of shares: 53 millionMarket cap: £50 millionFinal ResultsBefore I get into these results, bear in mind that they relate to the year ending December 2017. Very late.Paul covered it last year, at the 2016 results, and called it "a complete punt".It had a placing back then, for £2.5 million, and raised another £1.5 million this year.The dilution hasn't been too awful - share count is up by 24% over the past five years.Description of the company's technology services:Altitude Group plc provide [sic] leading technology services, specialising in cloud and server based software that is catered to companies of any size and expertise. Whether you would like an end to end business management system to suit you [sic] company or access to product data from the industry's most comprehensive sourcing portal, you're in the right place.The key focus for Altitude is something called the "AIMPro Tech Suite". I think this is its website. It serves US distributors (members of the "AIM Group") and as such, Altitude's new CEO will be US-based.Altitude's e-commerce platform can be viewed at this link.ResultsExcluding the effects of an acquisition, revenues fell in 2017, from £4.3 million to £4 million.The Chairman says he is pleased that PBT increased by 71.8% in 2017, but the increase was merely from £73k to £125k.I'm not sure about how impressive this is:AIMPro was formally launched to 200 attending AIM members at the national PPAI trade show in Las Vegas in January 2018 to an immediately positive reception. Indeed we are carefully managing demand within our current resources, as any marketing to the AIM members and suppliers prompts immediate response and excitement. Marketing email opening rates of 38.5% (industry average 14.2%), a click through rate of 8.9% (industry average 1.6%) and web site visits to the AIM info site doubled in May illustrating their enthusiasm for engagement. My own mailing list is fairly small, but it's not very far from being the same size as the AIM Group membership. And my open rates are a lot higher than 38.5%!The industry average open rates and click rates are more typical when you have mailing lists of commercial size, rather than tiny lists with less than 2,000 members. I also find it a bit odd that investors should care very much that prospective clients are opening emails from Altitude.Having said that, the opening levels of activity on AIMPro do seem encouraging:More than 1.4 million items have been ordered through the platform on over 2,200 individual sales orders from the first 57 AIMPro members with total throughput of $2.8 million to date. 65% of active users have used the platform to place multiple orders.I wonder how much revenue for Altitude is generated by $2.8 million of sales throughput on its platform? These are very early days.Cash flow generation was ok, I'm happy to add back in the amortisation of intangible assets and depreciation so operating cash flow was somewhere around £550k for the period (from pre-existing publications and exhibitions businesses, plus six months of the new acquisition).Conclusion: This is too early-stage for me. There are a few interesting things happening with it, but I don't see how it is worth more than its net book value or a modest earnings multiple, based on achievements to date.It is trading at 5x 2018 forecast sales, and the StockRanks duly categorise it as Highly Speculative. As always, I'm happy to listen to arguments to the contrary
30/10/2017
16:45
thebigshortfella: robbnw - you wish fella! As I said, I don't have a trade running on ALT in either direction. Please note that today's rise had nothing to do with any of ALT's recent RNS's. It will be interesting to see where the ALT share price is in a few weeks. But I am not going to get into a dull and boring argument about it... That said, I am intrigued by SCSW's discussion with Peter Hallett, so will be going long at the right price. Good luck fella.
Altitude share price data is direct from the London Stock Exchange
Your Recent History
LSE
ALT
Altitude
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190124 07:28:34