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Altitude

March 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ALT
  • Price:
  • 73.5p
The shares shot ahead after Altitude placed £1.5m new shares at 60p. What has excited investors is that   Altitude’s old business model has been tweaked and it looks like the company can achieve better traction from distributors by targeting buying groups rather than individual distributors as it is able to whitelabel the software, which now combines both its e-commerce technology (Channl) and a cloud-based order management system. The first whitelabeled version, “AIMPro,” has now gone live for members of the AIM buying group. Altitude has signed up 44 AIM members; is in the process of on-boarding a further 47; and has 80 members at the ‘demo’ stage, out of 1500 AIM members who in ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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