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American Electric Technologies (AETI)

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Last Post: 7/16/2018 2:42:33 AM - Followers: 3 - Board type: Free - Posts Today: 0



AETI
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://aeti.com/
http://www.mielectric.com/
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
 
Notable:
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
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AETI News: Current Report Filing (8-k) 06/25/2018 08:26:46 AM
AETI News: M&I Electric announces $3M+ project for new offshore drilling rig power system 06/20/2018 09:00:00 AM
AETI News: Current Report Filing (8-k) 06/11/2018 10:14:56 AM
AETI News: Amended Statement of Ownership (sc 13g/a) 06/08/2018 02:44:47 PM
AETI News: M&I Electric announces $14M project with leading EPC firm 06/04/2018 09:00:00 AM
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PostSubject
#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
#224   The sneaky sneaky was in regards to your learning curve 07/13/18 02:10:28 AM
#223   $AETI not sneaky. I'm here on my own $oldier Hard 07/13/18 12:15:30 AM
#222   An mm is trading for their own account. learning curve 07/12/18 02:58:45 AM
#221   Sneaky sneaky. Lol. learning curve 07/10/18 03:50:09 AM
#220   Nice! I've been quietly buying this. $oldier Hard 07/08/18 05:48:50 PM
#219   new recommendation on aeti from noted financial publication snakess 07/08/18 03:26:14 PM
#218   Looks like a flat ride to reality....until earnings learning curve 06/30/18 01:57:02 AM
#217   EDIT : EDIT: I am going to bet learning curve 06/27/18 03:44:10 AM
#216   Looks like $1.15 is support and second is stox777 06/21/18 02:06:48 PM
#215   in it to win it! DD 06/21/18 02:05:52 PM
#214   Hey You got me in on your post swampboots 06/21/18 01:57:38 PM
#213   Somebody doesn’t agree with me....Here a fine limb....$3.30 learning curve 06/21/18 04:26:20 AM
#212   Go further and research the analyst....there are 2, learning curve 06/21/18 03:01:07 AM
#211   It will be over $3 soon IMO. Read stox777 06/20/18 09:22:54 PM
#210   * * $AETI Video Chart 06-20-18 * * ClayTrader 06/20/18 05:21:19 PM
#209   They keep announcing millions of dollars of projects, Roadtojourney 06/20/18 05:14:36 PM
#208   Beautiful day at AETI and I agree more cjstocksup 06/20/18 10:53:43 AM
#207   More contracts coming eom. stox777 06/20/18 10:07:35 AM
#206   You were correct in regards to 10 days learning curve 06/19/18 02:50:02 AM
#205   Well, it appears stox777 was correct; as well learning curve 06/19/18 02:32:50 AM
#204   If RSI hits 80% this will be at stox777 06/18/18 02:53:57 PM
#203   Manipulation so someone can load. Been watching for days. stox777 06/18/18 10:42:52 AM
#202   8k says 10 days. stox777 06/18/18 09:15:48 AM
#201   The notice indicates that we will have 180 stox777 06/18/18 09:14:50 AM
#200   Maybe Ariel isn’t as creative/inventive as they proclaim/like learning curve 06/18/18 01:59:42 AM
#199   You are correct. I knew that and no $oldier Hard 06/17/18 11:21:56 AM
#198   It’s been 10 days in regards to that learning curve 06/17/18 12:45:47 AM
#197   The requirement to keep the share bid price $oldier Hard 06/16/18 12:18:08 AM
#196   The way I see it is there is learning curve 06/15/18 11:24:25 PM
#195   What requirement would that be? learning curve 06/15/18 10:54:25 PM
#194   Looks like AETI has now met listing requirement stox777 06/15/18 03:37:37 PM
#193   News coming. Another multi million contract from back log. stox777 06/12/18 03:46:28 PM
#192   Bottom is 1.30 with a move to 1.60+. stox777 06/12/18 01:21:27 PM
#191   IMO $1.40 bottom to $2+ jbank35 06/12/18 12:11:19 PM
#190   Based on back log, I see this at stox777 06/11/18 03:53:41 PM
#189   Oppenheimer hired to search for Merger or acquisition. stox777 06/11/18 03:37:26 PM
#188   Dividend due this month from China... AETI stox777 06/11/18 09:39:45 AM
#187   From conference call transcript 2 weeks ago... AETI stox777 06/11/18 09:24:13 AM
#186   More news coming. Multiple 10 million contracts to stox777 06/11/18 09:15:34 AM
#185   Your short report on cype is from may dave15213 06/09/18 06:24:58 PM
#184   AETI has bidders, WW Bearilla 06/08/18 09:47:41 AM
#183   * * $AETI Video Chart 06-07-18 * * ClayTrader 06/07/18 05:14:45 PM
#182   Oh wow!! Well look at AETI go!! Lone Wolf 06/07/18 12:48:00 PM
#181   Got more 1,61.... got way to many,but expecting europtiger 06/07/18 09:47:04 AM
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