Updates

Altitude - Aprinta deal to go live in October

October 2016

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.

Altitude has reported H1 results that reflect the reduced overhead base. Adjusted operating profit more than doubled from £0.2m to £0.7m for eps of 1p. Net cash was £0.4m. Of course, this doesn’t include the potentially transformational "Click to Ship" online trading platform, which is being rolled out to large numbers of distributors through the Aprinta relationship. Altitude said it is beta testing the first customer site, which goes live at the end of October. The shares doubled at one point during the month before retracing. The chairman has just added a not insignificant 55,000 shares at 42.85p. Buy.STOP PRESS: WH Ireland has issued a Buy note with an 80p-300p+ target range. ...

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SQS

McCarthy & Stone

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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.

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