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Altitude - Forecast eps of 7.5p rising to 15.5p

February 2019

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:
  • 90p
In an interesting turn of events, Altitude has acquired the AI Mastermind (AIM) buying group of promotional goods distributors, which is currently the largest user of its e-commerce trading platform, ChannlPro, under its white label arrangement (AIMPro). You will recall that the AIMPro revenue model is based on AIM members transacting their sales and purchase orders on AIMPro where Altitude takes a fee from the suppliers (2.4% in the December figures).AIM is the largest and fastest-growing promotional products distributor buying group in the US, with 1,917 members. Members pay AIM a monthly membership fee of US$59 per month (net US$22 after third party introducer fees) to get advantageous prices from suppliers and it has a total tr ...

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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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