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American Electric Technologies (AETI)

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Last Post: 5/16/2019 7:28:04 AM - Followers: 2 - 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.
 
 
 
AETI
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AETI News: Quarterly Report (10-q) 05/20/2019 03:56:52 PM
AETI News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/15/2019 03:19:31 PM
AETI News: Amended Statement of Beneficial Ownership (sc 13d/a) 05/13/2019 09:07:22 AM
AETI News: Current Report Filing (8-k) 05/09/2019 02:58:35 PM
AETI News: Additional Proxy Soliciting Materials (definitive) (defa14a) 05/09/2019 02:56:44 PM
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#341   https://irdirect.net/filings/viewer/index/1043186/000156459019019370/ StocktonCA 05/16/19 07:28:04 AM
#340   Could it be becuase I’m providing a link learning curve 05/10/19 12:08:27 AM
#339   Clay, you ever been blocked from stocktwits? learning curve 05/09/19 11:57:54 PM
#338   Sold out all of my position at avg learning curve 05/09/19 11:43:17 PM
#337   * * $AETI Video Chart 05-09-2019 * * ClayTrader 05/09/19 04:20:38 PM
#336   HOD $1.61 so far, nice wesley_ 05/09/19 11:56:15 AM
#335   News: $AETI American Electric Technologies Announces Filing of whytestocks 05/09/19 11:30:39 AM
#334   So....what would one do to demonstrate confidence? learning curve 05/08/19 02:48:49 AM
#333   Nothing has changed for me. We are trading learning curve 04/18/19 03:28:51 AM
#332   I am in. It goes pop, drop, boom! learning curve 04/12/19 02:21:14 AM
#331   Chart has turned very bullish: Golden_Cross 03/25/19 06:52:16 PM
#330   * * $AETI Video Chart 03-25-2019 * * ClayTrader 03/25/19 05:06:32 PM
#329   just follow the big money to make money. aristotelisonassis 03/25/19 01:52:12 PM
#328   big squeeze coming soon! aristotelisonassis 03/25/19 01:36:00 PM
#327   long aristotelisonassis 03/25/19 10:15:27 AM
#326   Now seems like a good time. Tape says learning curve 03/21/19 02:40:31 AM
#325   What is the Delisting Process for the NASDAQ? Under Phoenix300 01/26/19 02:49:52 PM
#324   I am a firm believer in continuing to learning curve 01/20/19 11:18:10 PM
#323   Today it appeared that the 2nd and 3rd learning curve 01/16/19 03:59:53 AM
#322   I appreciated the conference call transcript. I missed learning curve 01/05/19 02:17:09 AM
#321   I’ll try again: Interested in what you are learning curve 01/05/19 12:23:09 AM
#320   any guesses karibik 12/21/18 04:05:05 PM
#319   xmas present? karibik 12/21/18 04:02:07 PM
#318   from minus 20 % to plus 45% karibik 12/21/18 04:01:37 PM
#317   is there any news out? karibik 12/21/18 04:01:11 PM
#316   what the f*** happened today ? karibik 12/21/18 03:59:46 PM
#315   sth brewing here karibik 12/20/18 10:22:07 AM
#314   Here. You can write 2m words or more learning curve 12/13/18 04:15:56 AM
#313   I poke people from time to time to learning curve 12/07/18 12:57:10 AM
#312   Interested in what you are trying to say. learning curve 12/07/18 12:22:48 AM
#311   Everybody thinks about selling for profit - actually The iron man 12/06/18 11:28:16 AM
#310   * * $AETI Video Chart 12-04-18 * * ClayTrader 12/04/18 04:47:36 PM
#309   Time for round 2. HomieTheClown 12/04/18 10:39:00 AM
#308   Funds didnt clear soon enough. Wanted to buy rynlrt 12/04/18 10:22:11 AM
#307   LMFAO!!! Weeeeeeeeeee EL CHAPO 12/04/18 10:13:50 AM
#306   I bought 1.30s and it went boom Welsh_Dragon 12/04/18 10:08:00 AM
#305   there it is yankees18 12/04/18 10:07:28 AM
#304   The stock track record is $2, needs major The iron man 12/04/18 10:03:19 AM
#303   lets brk yesterday high yankees18 12/04/18 09:39:20 AM
#302   The control systems are a new breakthrough in Don Quixote 12/04/18 08:04:02 AM
#301   Grabbing more today, could possibly see $2 today, Meangene818 12/04/18 08:02:52 AM
#300   Buying big...UNDERVALUED. Don Quixote 12/04/18 07:29:03 AM
#299   Based on what is your opinion? learning curve 12/04/18 03:18:25 AM
#298   Unless we have some kind of news before The iron man 12/03/18 10:10:15 PM
#297   Any predictions on share price tomorrow? It held rynlrt 12/03/18 08:21:16 PM
#296   * * $AETI Video Chart 12-03-18 * * ClayTrader 12/03/18 06:09:54 PM
#295   Time to take profit, buddy ! The iron man 12/03/18 02:26:32 PM
#294   she is ready to breakout huge. Today and aristotelisonassis 12/03/18 02:14:32 PM
#293   The big hurdle is 1.50 and I doubt The iron man 12/03/18 02:02:52 PM
#292   Out of AETI at $.51 earlier. It should cjstocksup 12/03/18 01:54:25 PM
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