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American Electric Technologies (AETI)

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Last Post: 11/7/2018 3:48:11 AM - Followers: 2 - Board type: Free - Posts Today: 0

American Electric Technologies, Inc. (AETI) (formerly M&I® Electric Industries, Inc.) is the premium global supplier of power delivery products and services to the traditional and alternative energy industries. For more than 60 years, the company has delivered high quality, electric products and services to the Gulf Coast oil and gas industries, including land and offshore drilling companies and production operators. AETI's equipment is certified by the highest domestic and international regulatory certification standards.

AETI's customers include worldwide offshore companies in the oil and gas exploration, drilling, production, pipelines, shipbuilding, oil refineries, petrochemicals, power generation, and steel industries in the Gulf Coast area. The company has delivered more than 10,000 power delivery systems to companies in these industries, including Diamond Offshore, Transocean, Global Santa Fe, Williams, Noble Drilling and Ensco to name a few. With facilities located in Texas (Houston and Beaumont), Mississippi, Singapore and China, AETI is uniquely qualified to serve global power distribution and control needs. Combining custom-designed product and service businesses, the company provides complete, single-source turnkey systems and installations.

Share Structure
Float = 1.7 mil
Outstanding = 7.7 mil
Authorized = 50 mil

Relevant Websites
http://www.aeti.com/about/documents/AETI_investor_overview_presentation_2008.pdf  (Investor Presentation)

Outlook for 2008
"The company’s backlogs in its TP&S and E&I Construction segments are at historical highs and with a return to expected margins combined with improved profitability at AAT and continued growth by the Chinese joint venture, the company is optimistic that 2008 operating results will be substantially improved over 2007. Although AETI is concerned about an apparent slowdown in the U.S. economy generally, most of our product and service demand relates to meeting increased global energy demand which we do not foresee abating in the near future. A signficant portion of the company's anticipated sales and income relate to foreign energy activity, particularly in Canada, the Mideast and Asia."

First quarter 2008 AETI earned $0.03. CEO says “I expect our operating margin to improve from current levels… We concluded 2007 having set a company record with a backlog of $34 million… We expect to set a company record for sales in 2008… We also expect our earnings before taxes to return to the 2005-2006 levels of 5-8% of revenue by mid-year 2008.”
Current revenue run rate for 2008 = $67 mil. 
Back half of 2008 EPS estimates =
 low end = $0.22 per 6 months...........average of $0.11 per quarter
high end = $0.35 per 6 months...........average of $0.17 per quarter
June 2, 2008: AETI Enters Wind Energy Market
AETI Announces West Texas Construction Operations
The company announced it is furthering its commitment to the wind energy industry with the addition of seasoned electrical infrastructure construction veteran, Gary Collins. Serving as the company's new wind farm construction manager, Collins will be responsible for strengthening AETI's wind energy construction operations and will operate from Midland, Texas.
"AETI is excited to have Gary Collins join our wind energy team. His more than 10 years of wind farm construction expertise, coupled with our ability to provide a complete set of wind power solutions and maintenance services, will allow us to comprehensively address the fast growing West Texas wind farm market," Dauber said.
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AETI News: Amended Statement of Beneficial Ownership (sc 13d/a) 11/08/2018 05:05:02 PM
AETI News: Current Report Filing (8-k) 10/16/2018 04:07:45 PM
AETI News: American Electric Technologies to Host Investor Update Call 08/24/2018 07:00:00 AM
AETI News: Amended Statement of Beneficial Ownership (sc 13d/a) 08/21/2018 05:26:24 PM
AETI News: Current Report Filing (8-k) 08/20/2018 09:40:43 AM
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#274   So I’m trapped again...haven’t posted here in awhile... learning curve 11/07/18 03:48:11 AM
#273   Anybody want to counter? I keep playing in learning curve 10/30/18 10:57:06 AM
#272   I’ll liken this to the Simpson’s.... learning curve 10/25/18 04:11:29 AM
#271   If you only knew what I was thinking? learning curve 10/20/18 02:04:08 AM
#270   This could get interesting.... learning curve 10/17/18 02:49:46 AM
#269   Uh...don’t think I’ll be able to take 1-2% learning curve 10/17/18 02:26:04 AM
#268   Does anybody know if this is pertinent? learning curve 10/17/18 02:17:44 AM
#267   The trading says : i have infinite money. learning curve 10/11/18 04:22:15 AM
#266   In a perfect world I would get paid learning curve 10/09/18 02:54:37 AM
#265   What is being priced in? learning curve 10/01/18 01:37:02 AM
#264   And we are napping.... learning curve 09/26/18 03:24:38 AM
#263   I see a tactical $50k trade. We’re early learning curve 09/21/18 02:28:22 AM
#262   One must stay the course. I took back learning curve 09/18/18 03:27:08 AM
#261   Sold half today.....other opportunities arose....as well as: learning curve 09/13/18 11:35:57 PM
#260   Head check today...pass on game volume than a learning curve 09/12/18 03:09:59 AM
#259   I told you.... learning curve 09/06/18 03:41:18 AM
#258   Maybe it was the Rothchilds? But something changed learning curve 09/05/18 04:36:42 AM
#257   Thanks for sharing the story! learning curve 09/01/18 06:36:31 PM
#256   Well, you're inviting me to revisit my perspective. paideia 09/01/18 04:24:31 AM
#255   I would have been interested in calling broker learning curve 08/31/18 11:28:15 PM
#254   12000 mostly at .97; a couple of thousand paideia 08/31/18 06:48:53 PM
#253   How many shares at what price? learning curve 08/31/18 02:28:25 PM
#252   I listened to the call this morning. I paideia 08/31/18 01:45:18 PM
#251   Nash equilibrium.... learning curve 08/31/18 02:30:29 AM
#250   Let’s start by being clear: he doesn’t hold learning curve 08/31/18 02:21:32 AM
#249   I'm sure it's not straightforward. But is there paideia 08/30/18 04:22:42 PM
#248   Sorry, but I don’t think it’s as straight learning curve 08/30/18 02:17:11 PM
#247   So, basically, you're convinced that the declarative statement paideia 08/30/18 09:49:45 AM
#246   I agree with jch wants more; he may learning curve 08/30/18 02:30:24 AM
#245   I don't have much insight. If I'm Crenshaw, paideia 08/29/18 11:43:07 AM
#244   That’s a logical feeling....but we are dealing with learning curve 08/29/18 03:34:56 AM
#243   I don't know what to think. The announcement paideia 08/27/18 09:07:23 AM
#242   I was supposed to be a buyer without learning curve 08/26/18 11:14:05 PM
#241   And what are you doing now at .87 cents? paideia 08/25/18 06:21:31 PM
#240   Sounds a bit wreckless...but share accountability demonstrates position staked. learning curve 08/14/18 04:17:49 AM
#239   How will earnings be divided? Backlog? learning curve 08/14/18 03:56:55 AM
#238   Bold move here. Stripped themselves of largerst internal learning curve 08/10/18 01:29:25 AM
#237   Premium being paid to cover buys below 1.20 learning curve 08/10/18 01:06:09 AM
#236   Gross Awl416 08/06/18 11:43:53 AM
#235   And no questions? Against a worse case scenario? learning curve 07/31/18 02:41:46 AM
#234   Any questions? learning curve 07/28/18 02:43:20 AM
#233   I think I’m leaning towards a dismal buyout learning curve 07/28/18 02:33:01 AM
#232   My point being; beyond i said: learning curve 07/19/18 04:17:54 AM
#231   I can see an opportunity with so much learning curve 07/19/18 03:50:00 AM
#230   Seriously, I get a crack out of avatars learning curve 07/16/18 02:42:33 AM
#229   Well, I cleared the air on stocktwits. Volume learning curve 07/16/18 02:35:17 AM
#228   Pt 99 has no questions? learning curve 07/15/18 12:52:19 AM
#227   Reprint of a post to myself which I learning curve 07/14/18 01:40:37 AM
#226   Short percent is all time high. learning curve 07/13/18 03:39:10 AM
#225   I really don’t care wether or not you added. learning curve 07/13/18 03:11:49 AM