Air Industries Group (AIRI)

[Hasy1]

PPS hasn’t dropped when showing a big loss. This is a value—Takeover play at this point worth at least $15.00. Five banger from here minimum. I can wait for full value to be achieved.

[gladeshawk]

Numbers, I will be happy with break even.

[gladeshawk]

My TDAmeritrade account shows numbers to be out after market today?? Will these be the same numbers or adjusted numbers? Could they be worse/better then the numbers you posted? Have to admit I'm a bit confused. HAWK

[Hasy1]

Glad that’s behind them. Does it ever end? There seems to be always something that rears it’s ugly head. Hopefully a takeover soon at decent PPS. My retirement fund needs to go upwards.

[gladeshawk]

Thanks. Computer problems. 1.3 Million??

[Hasy1]

November 15th Late filing notice.

The Company anticipates that its net sales for the quarter ended September 30, 2023, will be approximately $12.3 million, approximately $1 million less than net sales for the comparable period of 2022. In addition, it will report a loss from operations during the third quarter of 2023 of approximately $800,000, compared to income from operations in the third quarter of 2022 of $169,000. The Company’s net loss for the 2023 third quarter will be approximately $1.3 million, as compared to a net loss for the 2022 third quarter of $142,000.

[gladeshawk]

I did not see the reported loss. When did it come out?

[Hasy1]

Loss of $800,000 already reported and no drop in PPS. Price of quarterly loss already priced in. Way undervalued based on takeover value and future business outlook. Add new contracts being bid on and more defense spending.

[gladeshawk]

Not a prediction. Posting a loss and PPS is going to drop. Maybe below $2.60 support. "IF" a .15 profit, as some predict, PPS will triple from here. Just my take. HAWK

[Hasy1]

Don’t think so as takeover is in process. Awaiting announcement soon and multiple offers. Nobody in their right mind would sell at the bottom here.

[Hasy1]

See well written post on Yahoo about future of AIRI. Recent insider position change is to explore alternatives for sale of company. Worth $7 to $10 or more. Niche business in defense area.

[Hasy1]

Really holding up well. Nobody wants to sell here. Worth much more and company will announce plans to sell company. Bidding war quite possibly by a few companies. Company worth north of $10.00.

[gladeshawk]

Loss takes the PPS to $2.

[Hasy1]

Earnings and we move to $10.00 fairly quickly. Loss and back to $1.60.

[gladeshawk]

AIRI>>News and numbers are due soon. Need to show a profit.

[gladeshawk]

$2.60 area for support held. You could be spot on. TWT. HAWK

[Hasy1]

Someone knows something. Spike prior to earnings is encouraging and takeover possibilities in background. Hugely undervalued here. The price is not going to be cheap.

[Pat]

Could be. There are still supply chain issues which could mean plenty of work available for them, but timely acquisition of raw materials to produce plus more costs is likely still a problem. Troubles in the mid-East if/when it spreads would likely exacerbate supply chain issues. Seems to me that if one owns it, hold it, but sell after the bump from any new contract announcements. That seems to be the pattern in the last couple of years. The lack of volume makes it difficult to move many shares without adversely impacting the share price though. There's still some money to be made, but like always, timing is everything. Good luck to all.


Pat.

[gladeshawk]

I am holding all shares. Any good news PR and AIRI could be a 3x mover from here. HAWK

[Hasy1]

All bets are off now as AIRI moves upward. Targets of over $12.00. Additional contracts are in the works. The start of a world unfortunately with more wars and conflicts that will move the company’s business forward.

[gladeshawk]

Current conflict in the mid east may lead to more contract work. Sad times. Just a FYI.

[Hasy1]

Such low volume it is hard to know. Think it will be flat until earnings.

[gladeshawk]

AIRI, support at $2.60 held, but it looks tenuous. TWT if that was the bottom of this down cycle. HAWK

[gladeshawk]

Correction 20x

[gladeshawk]

"IF" that .50 is correct, then anything under $5.00 is "dirt cheap". At a conservative 10x EPS we are talking about a $10.00 PPS. HAWK

[Hasy1]

Adding more here with projected yearly earnings of $.50.

[Hasy1]

Looks like the anticipation of next quarters earnings numbers are starting to take hold. The company has indicated that numbers should be significantly better. $.50 or better on a yearly basis with additional contracts in the works. At a PE of 20 that’s $10.00. Way under valued here.

[Hasy1]

What a joke. Hardly any shares sold for $1.70. Twelve whole shares. You must be a newbie for sure. $20.00 buyout this year.

[Brian Smith]

Oops!! Looks like it’s going the opposite way. maybe things will change in pre-market trading Monday but I doubt it. Talking about new contracts that hardly ever happened, and blaming Covid supply chain problems on these threads for years is not gonna make the stock go up. The ship is and has been sinking for a long time now.

[Brian Smith]

At least you got some of the quality expensive shares instead of the cheap ones that are now available

[gladeshawk]

Panic selling after earnings down grade. Need to get more info. May end up being a buying opportunity.

[Brian Smith]

Down 57.19% in after hours trading!!! Holy crap!!! Looks like it’s time for you guys to load up.

[Hasy1]

Hope it doesn’t become a flipper. I’ll wait for the buyout sometime next year. Hugely under valued.

[Pat]

This is acting like a yoyo. I wish it had more volume. It might return to the days when it was a reliable and frequent flipper.

Pat

[Hasy1]

Bought more shares as the rise begins. $4.00 very soon.

[gladeshawk]

And now back to BUY.

[Pat]

Looks like AmericanBulls flipped to the short side today.

Pat

[gladeshawk]

Expected news on contracts, but new equipment news is good too.

[gladeshawk]

Date of post.

[Pat]

Is that a new buy recommendation by AmericanBulls?

Pat

[gladeshawk]

AIRI> AmericanBulls has it as a BUY. Just a FYI.

[Hasy1]

Buyout possibilities soon with this so cheap. $20.00 buyout price very doable. If earnings are not a dud next quarter looking for management to look at all possibilities.

[gladeshawk]

A dip down into the $2s and I'll be loading up. Undervalued, imho. HAWK

[gladeshawk]

As expected, earnings/revenue improved over previous qtr. Moving in the right direction. C.C. after market close. I cannot be available to hear. If anyone is able to listen in on C.C. please post thoughts. HAWK

[gladeshawk]

Chart. Been trading the drops and pops to make some $$s while waiting. Looking for a "dip" below $3.00. Undervalued can get really undervalued. I think we have seen the last of the inventory write off problems. TWT HAWK

[Brian Smith]

Do you really think so??? Whatever would give you that idea??? I can’t believe this ship has not hit the bottom yet after all these years of sinking into the abyss.

[gladeshawk]

Hope you are right, but still looks like there could be a bit more down. TWT. HAWK

[Hasy1]

Never happen as long as there is so much international discourse. Too many contracts out for bids at present. As contracts get signed the PPS will improve.

[gladeshawk]

Maybe bidding below $3.00. Could be something more than inventory/supply chain issues??

[gladeshawk]

I hate to say it but a drop to $3.05 could happen with a coming market correction.