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Altitude Group - Ground floor opportunity

September 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.

  • Epic Code:
  • ALT
  • Price:
  • 22p
Smaller companies are definitely looking like exciting investments once more and they don’t come much smaller or more exciting than Altitude. The house broker hasn’t written much on it for years but there’s been cluster buying by directors and longstanding shareholders as it went into the close period (results week commencing 19 September). They obviously know what is going on.  I think that, in time, the shares have multi-bagger potential.HistoryAltitude was listed in 2005 when it was known as Dowlis Corporate Solutions. It was the UK’s second largest promotional goods distributor and its business basically involved sourcing blank products (mugs, pens, t-shirts and so on), which ...

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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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