Australian (ASX) Stock Market Forum

ALU - Altium Limited

galumay

learner
Joined
17 September 2011
Posts
2,657
Reaction score
1,240
Good find, Ann. A salient reminder that our prosperity is built on the back of our multicultural immigration.
 

Zaxon

The voice of reason
Joined
5 August 2011
Posts
800
Reaction score
873
The stock, which traded below 10¢ in 2011, closed 20 per cent higher at $32.56 on Tuesday after the company reported a 24 per cent rise in revenue to $US78.1 million, and a 58 per cent increase in net profit to $US23.4 million, led by strong growth in China.

Altium has certainly been an excellent company. The takeaway message I get from this is to trade less. Find good companies and hold them for years.
 

Ann

Joined
24 December 2005
Posts
2,151
Reaction score
1,150
Altium has certainly been an excellent company. The takeaway message I get from this is to trade less. Find good companies and hold them for years.

Hi Zaxon, this is related to your comment elsewhere about the like button. I gave you a like because I agree with your thoughts but had there not been the lazy option of a like button I would have responded to your post above by saying....

I have been a long term holder of investments as that is what suited my limited time to trade and that is what was comfortable for me and it certainly made money. Now I have retired I have more time to sift through stocks and spend time charting, reading business news and commenting here a lot more. I am now working into a different trading style of short term trades. Could be a few weeks, could be a few months but I am still thinking of trading in and out of a few good stocks. I am not sure yet, I may be no good at trading shorter term, time will tell.

I think it all comes down to what works best for each individual trader.
 

Zaxon

The voice of reason
Joined
5 August 2011
Posts
800
Reaction score
873
I am not sure yet, I may be no good at trading shorter term, time will tell.

I think it all comes down to what works best for each individual trader.

For sure. For some people, they can achieve their best possible outcome through trading. For others, they find good quality stocks like ALU and hold them long term. Your personality type and skill set heavily influence what the best approach for you might be.
 

Ann

Joined
24 December 2005
Posts
2,151
Reaction score
1,150
For sure. For some people, they can achieve their best possible outcome through trading. For others, they find good quality stocks like ALU and hold them long term. Your personality type and skill set heavily influence what the best approach for you might be.
What is your comfort zone Zaxon?
 

Ann

Joined
24 December 2005
Posts
2,151
Reaction score
1,150
I hold stocks from several months to several years. I consider myself an investor more than a trader, but I'm not buy-and-hold either.
Sounds like you ride the profits...always a good thing to do! :)
 

leyy

ley
Joined
20 May 2010
Posts
158
Reaction score
50
ALU is one of the stocks that I sold too early made a quick profit from $7 and sold at $10 and went gangbusters from there on.

Well done to Zaxon and all long term holders.
 
Joined
9 June 2011
Posts
1,926
Reaction score
479
ALU.png


This was dead for all money several months back with $20 looking like cracking and the stock to be in free fall. An incredible report and subsequent price action now makes this pretty attractive to me with $35 cracking today.

Feels 'late' to a degree both in terms of the overall market and this price action but the set up in isolation is strong and a strong close here would leave us expecting this to outperform if the market rallies
 
Joined
9 June 2011
Posts
1,926
Reaction score
479
View attachment 93177

This was dead for all money several months back with $20 looking like cracking and the stock to be in free fall. An incredible report and subsequent price action now makes this pretty attractive to me with $35 cracking today.

Feels 'late' to a degree both in terms of the overall market and this price action but the set up in isolation is strong and a strong close here would leave us expecting this to outperform if the market rallies

whoops
 

bigdog

Retired
Joined
19 July 2006
Posts
6,614
Reaction score
2,458
upload_2019-7-2_13-23-54.png


Motley reports
https://www.fool.com.au/2019/07/02/...it-an-all-time-high-is-it-too-late-to-invest/

The Altium share price just hit an all-time high: Is it too late to invest?
James Mickleboro | July 2, 2019

The Altium Limited share price has continued its positive run on Tuesday and pushed higher again.

In fact, at one stage the design software company’s shares climbed to an all-time high of $35.90.

When they reached that level it meant they had gained a massive 66% since the start of the year.

Why is the Altium share price on fire in 2019?
There have been a couple of key reasons why investors have been scrambling to get hold of the company’s shares this year.

The first is due to its impressive performance in the first half of FY 2019.

For the six months ended December 31, Altium posted half year revenue of US$78 million and profit after tax of $23.4 million. This represented revenue growth of 26% and net profit after tax growth of 58% on the prior corresponding period.

This was driven largely by increasing demand for its software across the globe and notably in China, which led to a 34% increase in Altium Designer new seats and a 9% lift in the overall subscription pool to 39,179.

Another reason for the rampant buying has been its positive long-term outlook. When the company released its half year results, it advised that it was very confident it would achieve its 2020 target of revenue of US$200 million and an EBITDA margin of at least 35%.

So much so, it is now looking beyond 2020 to 2025, where it has set itself an “aspirational” revenue target of US$500 million. To achieve this, it believes it needs to lift its active subscribers to 100,000.

At which point, it expects to be in a position to compel key industry stakeholders to support its agenda to transform electronic design and its realisation.
 

bigdog

Retired
Joined
19 July 2006
Posts
6,614
Reaction score
2,458
Closed Up 2.17% yesterday prior to the half year results announcement after the close of market

19/08/2019 4:26:38 PM FY19 Full Year Results Announcement
- click link below

upload_2019-8-20_8-4-38.png


upload_2019-8-20_8-5-51.png

upload_2019-8-20_8-9-21.png


Motley reported
https://www.fool.com.au/2019/08/19/altium-delivers-more-explosive-growth-in-fy-2019/

The Altium Limited (ASX: ALU) share price will be one to watch on Tuesday morning following the release of the printed circuit board (PCB) design software provider’s full year results after the market close.

For the 12 months ended June 30, Altium posted full year revenue of US$171.8 million and an EBITDA margin of 36.5%. This was a 22.6% increase on the prior corresponding period and means the company is within a whisker of its FY 2020 target of US$200 million revenue.

This led to Altium posting a 39.8% increase in EBITDA to US$62.7 million and a 41.1% lift in net profit after tax to US$52.9 million. Earnings per share came in 40.5% higher at 40.6 U.S. cents (59.9 Australian cents) and the Altium board declared a full year dividend of 34 cents per share.

The key driver of growth once again was its Altium Designer product which recorded a 22% lift in software license revenue to US$62.4 million and a 13% increase in subscriptions revenue to US$58.5 million. The catalyst for this was a 27% jump in Altium Designer seats and record growth in its subscription base to more than 43,600 subscribers.

This was supported by the Octopart business which recorded a 50% increase in search advertising revenue to US$17.9 million and its TASKING software licence revenue which grew 44% to US$12.3 million.

315
 

Attachments

  • FY19 Full Year Results Announcement (PDF 122.0 KB).pdf
    122 KB · Views: 1
Joined
27 November 2017
Posts
1,200
Reaction score
1,859
ALU having a nice run and ATH are being made which is nice.

up another 1.72% today ($39.68) so far and happy to continue holding holding for a bit longer.

upload_2020-1-23_12-11-16.png
 
Joined
27 November 2017
Posts
1,200
Reaction score
1,859
ALU reached ATH of $40.19 on the 24/1 and closed today @ $39.83

Maybe taking a breather for a few days and hopefully will attempt another run at $40.

Still holding.
 
Joined
17 August 2006
Posts
5,478
Reaction score
4,599
ALU reached ATH of $40.19 on the 24/1 and closed today @ $39.83 Maybe taking a breather for a few days and hopefully will attempt another run at $40.
Still holding.

Doing well Trav … broken into new highs as you suggested;) Hope I don't put the mocker on it for you.

ALU7feb2020.jpg
 
Joined
27 November 2017
Posts
1,200
Reaction score
1,859
@barney all good mate, I got stopped out yesterday and made a couple of bucks so happy with that, as I have history of watching my profits disappear when it retraces so had trail stop in place, maybe a little tight but still playing with comfort levels.

Also I don't think I mentioned it earlier but I am playing with CFD's on a few trades which also makes me a bit more cautious. Trade worked out ~ 12% gain on entry / exit price
 
Joined
17 August 2006
Posts
5,478
Reaction score
4,599
[ Trade worked out ~ 12% gain on entry / exit price

12% is not to be sneezed at;)

Haven't traded CFD's for many years but I assume there is a holding/interest fee from memory so a quick 12% is a lot better than a higher % over a longer time frame, yes??
 
Joined
27 November 2017
Posts
1,200
Reaction score
1,859
holding/interest fee from memory
Yes that's something that I have to factor in during this learning process but not to bad for short term, I definitely wouldn't want to hold a stale / break even position for a few months

in this example in/out & interest per day costs = $88.18

1 day costs below which varies depending on instrument margin


Value Rate Day Amount
upload_2020-2-8_13-58-45.png
 

bigdog

Retired
Joined
19 July 2006
Posts
6,614
Reaction score
2,458
Share price closed $42.63 was up 1.98% today (also hit an all-time high of $42.76)

ASX announcement made after the close today
17/02/2020 4:12:46 PM Altium Announces Half Year Results & Dividend (file uploaded below)

upload_2020-2-17_16-39-13.png


upload_2020-2-17_16-39-54.png

upload_2020-2-17_16-40-45.png

Looking for trading tomorrow where lower end of guidance could see a sell off tomorrow!

Goldman Sachs were expecting forecast full year revenue of US$210.5 million, reported EBITDA of US$80.1 million, and reported net profit after tax of US$58.9 million.

Altium reported today full year revenue and margin guidance of between US$205 million to US$215 million for revenue and an EBITDA margin of 39% to 40% (on a reported basis) and 37% to 38% (excluding the impact of AASB16 Leases).

upload_2020-2-17_17-2-3.png


I hold

274
 

Attachments

  • ALU Altium Announces Half Year Results & Dividend.pdf
    142.9 KB · Views: 4
Top