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The demand for AMMX seems unlimited and the revenues support that statement. There are too many factors that will keep producing contracts for us!!!
AMMX
We are in the right place at the right time!!! AMMX
Technavio analysts highlight the following three market drivers that are contributing to the growth of the global construction equipment rental market:
-Rising need to replace outdated equipment
-Growing construction in the US
-Growing environmental concerns
According to Anju Ajaykumar, a lead analyst at Technavio for construction research, “The increase in the number of construction projects will add to the growth of the market. Increased investments by the governments of many countries, in the development of transport infrastructure, will spur the demand for concrete and road construction equipment during the forecast period.”
https://www.businesswire.com/news/home/20170814005432/en/Construction-Equipment-Rental-Market---Top-Drivers
Absolutely! Theres no way we will be around $14 million market cap when our revenues will be way above that. I truly believe that by eoy we are .05++...Then you will have more money for remodeling lol
AMMX
Exactly Sherman! You have to know where this will be next year to make the decisions we do now. Always watching here too!
AMMX
When the company is doing more in revenues than the market cap, its worth mentioning why. Sometimes all we need to do Born is buy the dips, hold and let the process take place. The time will come when this company reaches .10+....what do you think will happen when AMMX reports the 2018 revenues of $15 million, $20 million or potentially $20 million plus? Thats when big money will come in so, i don’t feel the need to go around and tell people to jump in on other boards and all that. The fundamentals themselves will bring people here. It will be a tsunami of money jumping in bynext year...so relax and enjoy the ride. We have an undervalued gem here and im happy to add a little on every dip!!!
AMMX
-$15-$20 million estimated in revenues this year.
-$10 million worth of rental inventory by next year
-Audit news mid August
-Lee has up listing in his mind for next year
-No dilution
-8 RFPs from the demonstration sent out
-Busiest Lee has ever been in his 40 years of business and it will continue to grow.
-UNDERVALUED
AMMX
Market cap lower than projected revenues!!! No brainer here, buy and hold.
AMMX
The core business of AMMX has been explosive this year. Due to these fires creating chaos, I believe we will be seeing some more revenues coming in these next few months. The economy is driving us at this point and Lee is capitalizing on it very well! Looking forward to the next few months.
AMMX
Its very easy for people in the otc to forget what they are holding. Most otc traders are very impatient and want a quick couple hundred percent flipper. AMMX is an amazing investment but we wont move to much until the new wave of traders and investors jump in.
AMMX
8 RFPs are on the way!!! AMMX
Hey Born, dont stress out to much with the daily fluctuations. Although it is important to look at, daily price movement could change course in a second. Dont forget that we have audit news coming out mid August and the company has responded to 8 RFPs from the demonstrations!!! A lot to look forward to, even though last couple days weren’t to pleasant. We have a great company with record revenues and a lot of short and long term catalysts!!!
AMMX
Either that or it can happen any day now!!! Either way AMMX is doing amazing with its core business. Contracts have been coming almost weekly. The African visit would definitely spice things up but, its still ok if it doesn’t go through. I like to remain positive though and think something big is coming within this month. Within these 4 weeks, we are waiting for:
-African visit news
-Audit news
-Demonstration contract news
Any of these would be huge!!!! But, the core business is strong enough even without any of these catalysts.
AMMX
If they file 10K it will definitely move the market. It’s something a lot of people are looking forward to imo
AMMX
The chart is looking great...its consolidated beautifully and now with some buying pressure this has an easy way to .05+...especially with the audit news coming mid August (less than a month away) and contracts keep coming in. Looking great here!
AMMX
Well, hoping is of course part of it. But, if you look at the contracts and the history of the company, it should favor us. AMMX
Fundamentally its one of the best companies in otc. It also has great potential for exponential growth through government contracts and possible buyout down the road. Audit news coming mid August, which i think will put us over .05+....UNDERVALUED at these prices!
AMMX
Beautifully said floored! This is an INVESTMENT and a very solid one with great potential for enormous growth, as we are already seeing.
AMMX
The chart is consolidated and is holding pretty firmly...i think we are on our way to our next rise. With breaking revenues snd audit in mid August, we should climb past .05+
AMMX
Very nice. Thanks AMMX
The chart is starting to look good! Can someone post the chart, please. AMMX
That will bring a lot of new investors is for sure. Plus, the audit news mid August!
AMMX
Good morning AMMX!!! One day closer to Audit mid August.Revenues keep coming in.
AMMX
“We are the only dealers of this equipment in the Western Us for Menzi Muck”
Thats a huge statement AMMX!
https://finance.yahoo.com/news/ameramex-international-reports-orders-totaling-140000257.html?.tsrc=applewf
The chart looks pretty good. With all these contracts coming in and Audit news mid August, we should start trending upwards now. Great news today!!!
AMMX
We are talking about some huge orders here. Multi million dollar!!! With everything that’s happening with the fires and the damages occurring, we will see these contracts go through sooner than anticipated. AMMX
“The only dealers” thats huge. We will see some big contracts from the demonstration for sure. Maybe within a month or two but it’s definitely worth the wait. AMMX
Now that is what i like to hear!!!!AMMX
“This is not a short process but presents AmeraMex opportunities for several large sales as we are the only dealers of this equipment in the Western US for Menzi Muck.”
WOW!!! That’s very big!! AMMX
“Additionally, we have responded to eight requests for bids received after the demonstration of the Menzi Muck and ASV mastication equipment. This is not a short process but presents AmeraMex opportunities for several large sales as we are the only dealers of this equipment in the Western US for Menzi Muck. ASV does have other dealerships in the Western US."
Marty said news will come out soon, basically to clarify a few things. That was Friday so im expecting something this week.
The company is doing amazing. Record revenues and audit news a month away. Very excited!!!!
AMMX
Good morning AMMX!!!
I agree with possibility of an offer being made to buyout the company but I don’t think Lee would let go unless it’s ridiculous amount of money. He has worked and is continuing to work very hard to make this a huge company. I think if the audit gets completed and we up list down the road, Lee will make this a $100 million + company. This is his life’s work and the possibilities are there. Looking forward to the future!
AMMX
We are getting news this week regarding the Jun demonstration. I wonder if its gonna be contracts or just clarifying the demonstration. Either way, this is according to Marty so im looking forward to the news!!!
AMMX
We are riding the economic wave right now. Lee said there’s more work now than ever in his 40 years of experience. More contracts will come soon and possibly some million dollar ones. Enjoy the ride and enjoy your weekend everyone.
AMMX
#favoriteOTCcompany
Beautiful facts there! Great job Zig
AMMX
Lee has put a lot of effort for years obtaining government contracts. He has built a lot of relations and sooner or later we should see some fruit from his continued efforts.
AMMX
Just clarifying. I like those facts btw. They still lead to multi million dollar contracts lol
AMMX
Are these firms contracted with CalFire, US Forest Service or PG&E? So, are the requests to AMMX from subcontractors? That would still be huge because those firms that get direct bids from CalFire, US Forest Service or PG&E will probably get tens or hundred million dollar contracts. Then they may subcontract to smaller companies like AMMX. That would still be huge and still potential for multi million dollar contracts!
AMMX