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
  0.00 0.0% 28.25 26 08:00:08
Bid Price Offer Price High Price Low Price Open Price
27.00 29.50 28.25 28.25 28.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 6.60 -2.77 -4.38 20
Last Trade Time Trade Type Trade Size Trade Price Currency
08:16:38 O 16 29.4375 GBX

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Altitude (ALT) Discussions and Chat

Altitude Forums and Chat

Date Time Title Posts
03/3/202107:15Altitude - AIM Pro aggregating the PPM Market7,038
18/1/202118:09Can ALT Learn Frrom PEBB16
10/1/202111:30Can ALT can learn from PENN1
11/11/202021:09 ALT .good price rise again today29
01/7/201812:35Alternative Investments1

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Altitude (ALT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-03-02 16:28:2429.44102.94O
2021-03-02 13:09:2329.44339.71O
2021-03-02 13:08:5129.4410129.73O
2021-03-02 12:02:1828.104,0001,124.00O
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Altitude (ALT) Top Chat Posts

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 28.25p.
Altitude Group Plc has a 4 week average price of 24.25p and a 12 week average price of 13p.
The 1 year high share price is 38.50p while the 1 year low share price is currently 9.75p.
There are currently 70,096,179 shares in issue and the average daily traded volume is 98,059 shares. The market capitalisation of Altitude Group Plc is £19,802,170.57.
robbnw: I for one am happy with these results sure they are not what the old pre covid ALT would expect to post but all things considered I am happy . Good effort in a terrible unprecedented market Well done Nikki and the team . The doom and bloomers like John etc etc are proven wrong again You have to remember there are those who post on here , with one aim only to see ALT fail and go under Then there are those like us who want and know the business will succeed Now we need to get MV back on the board and changes made we can not waste more time here The aim needs to be to get the share price back to 100p plus and this year subject to the elimination of Covid
keeninvestor1: Maybe stephenMaybe But how about pebble or 4 imprint offering snap up ALTWe know the three biggest investors with the board and a few others wouldn't take an offer at anything like the current share price but I wonder what the response would be at 100p a share A price that 18 m ago would have been seen as way too low An offer like that now ?Would the main shareholder refuse ?
seangwhite: I agree the delay in reporting makes ALT look very unprofessional and the share price shows the market views its management as not up to job. The company really needs changes at the top as without these the recent increase in the share price will quickly be reversed.
mannymif: If he is willing, we need MV back ON THE BOARD. Regarding KE, from the moment i overheard that arrogant dinosaur say at his first AGM "it doesn't matter if the share price gets to where it should be now or in 3-5 years time" I knew he was the wrong man for the job. If he had any dignity and self respect, he would resign with immediate effect and allow the company to make the changes necessary, especially Chairman, to reflect its true value in the share price. Where have he heard before "this time next year we'll be millionaires"...what a plonker.
seangwhite: Keen I was not saying that any 'leaks' are coming frllom ALT just that financial PR is lousy. If the next is well received the recent rapid rise in the share price will be viewed with some suspicion.I hope the RNS is perceived as upbeat unlike most of the recent ones for all holders. Any real improvement in the share price should come with the US economy getting back to some sort of normality.
seangwhite: The share price movement over the last week or so is hard to explain other than the buy from MV. If its a leak of a decent RNS to come it does not help ALT in showing its financial reporting competence. For my part I see MV returning as a plus for ALT as hopefully then the BOD can sort out the various issues on financial reporting and associeted PR.
seangwhite: Any holder of ALT must echo your hope although the target is high. The share price might rise with more clarity on how ALT can move forward when normal times return to the promo industry in the US. There is an urgent need for change in the presentation of news flow and maybe the current advisory crew.
seangwhite: The drop in share price on ALT today and the rise in PEBB makes it hard to make sense of what is going on with ALT. I hope as a holder the read across on PEBB is that ALT is getting back to some sort of normal levels of turnover. The increase in PEBBs user base is impressive especially so in current times.The next ALT trading update might hopefully be able to match PEBBs recent one. .
thebigshortfella: Morning John09, With regards to you comment about revenues: “8m revenues... in 15 months ... despite them apparently taking a cut of £2.2bn a year lol and 25% of the 8m is not reliant on transactional volumes so have they taken 6m from transactions (In 15 months ie £400k a month revenue) ? Didn’t the aim group used to take 5m a year... ta dahhhhh!! If they are genuinely taking a transaction cut I make it 0.2% I.e a fifth or one percent lol” If this is the case it would be a worrying situation. I am not convinced that this is correct though as they are not taking a cut of the $2.2bn revenues, but a cut of purchase orders placed with “VIP” suppliers. Picking up on Kemche’s point that there is still confusion as to how ALT’s business model works. Here’s my summary on ALT (some of it is based on a discussion on this board that included Billster and Northwards): In January 2019, Altitude acquired the trade and certain assets of AI Mastermind LLC. its key client. AI Mastermind, now AIM Smarter LLC (AIM), represents the largest promotional products network in the US. AIM has a membership base of 2,103 (down from 2,185) distributors across the US, representing approximately 10% of US distributors. Altitude purchased AIM in order to own the 2,103 client base and thus created the opportunity to become an aggregator. The expectation is that if you own the customers, suppliers will come. AIM members place $1.2bn of purchase orders annually through suppliers that AIM allow to service their clients. Altitude now provides suppliers with the opportunity to become “preferredR21; aka “VIP” suppliers. By doing so, these suppliers have greater access to AIM’s members and, as a result, can increase their revenues. In return, Altitude charges a 4% commission* from the VIP supplier. (*The actual percentage fee is not entirely clear) Altitude believe that approximately 60% to 70% of the $1.2bn of purchase orders is addressable via preferred supplier partners in the long term. If they were able to achieve this at 65% the revenues for ALT would look as follows: $1.2b x 65%= $780m Multiply by 4% (Altitude’s commission) = $31.2m Allow for currency exchange @1.3 = £24m revenues for ALT There is speculation that Altitude only need to pursue another 25-50 suppliers to gain geographic and product spread. As a guestimate, prior to Covid, Altitude were potentially addressing 28% of the 65% addressable market. This breaks down as: $1.2b x 28%= $336m Multiply by 4% (Altitude’s commission) = $13m Allow for currency exchange @1.3 = £10m revenues for Altitude Obviously, these are just guestimates and, in reality, the revenues are lower due to Covid. However, I believe that this addresses the point you made about the transactional cut being fifth or one percent. I would greatly appreciate if yourself and others put me straight if anything is incorrect. Cheers, TBSF
john09: This was the one. Don’t read what I’ve written . Read this 3 July 2019 ALTITUDE GROUP PLC (the "Company", the "Group" or "Altitude") Director/PDMR Shareholding Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, announces that the Company was informed today of two sales of ordinary shares of 0.4p each ("Ordinary Shares") in Altitude Group plc by a director of the Company. Martin Varley, Non-Executive Director, sold 2,000,000 Ordinary Shares at a price of 100 pence per Ordinary Share on 3 July 2019 and 125,000 Ordinary Shares at a price of 110 pence per Ordinary Share on 28 June 2019 (together the "Share Sales"). Mr. Varley has completed the Share Sales in order to satisfy significant demand in the market from institutional investors and to provide some required liquidity in his private life. Commenting on his recent share sales Mr. Varley said: "I wish to remind shareholders that I remain heavily invested in the Group that I founded, and I remain a long-term significant shareholder. There are inevitably times where one needs some personal liquidity to satisfy existing obligations and I hope the lock-in agreement I have entered into over my remaining holding demonstrates the continuing nature of my total belief and support in the Group. At the same time, I strongly believe that further diversifying and strengthening of our share register with institutional grade investors will serve the Group well and I am pleased that these necessary share sales have been able to further this ambition.
Altitude share price data is direct from the London Stock Exchange
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