Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This stock is going to move this week, you'd be crazy not to buy right now. The stop work order will be lifted and TMPS will start collecting on the contract within 30 days. I believe they collect around $2 million a month and then obviously a lot more when they start to fly. Financial filings aren't far behind. Exciting times! I value TMPS at $2.00 just on this news alone.
When did this happen? Here comes a buck, surprised it's not there now.
The stock is dropping due to spillover or headwinds from the overall sector. However, FLOOF is a best of breed type stock, and the drop is unwarranted. Their first harvest was just completed in June, so I think it's all downhill from here. This is a billion dollar company and management is topnotch, the stock will move much higher, I have no doubt.
Q3 will be a monster quarter. Below a great article about the Nevada market and Flower One:
https://finance.yahoo.com/news/forget-california-state-far-more-154100713.html
EXACTLY!!! You hit the nail on the head.
I think it's always good to be critical of one's own analysis when investing, it keeps you sharp. However, every time I do that I find another reason to build my position. Once institutions are able to project future earnings growth based on the contract, not to mention becoming current with regard to the financial filings, I'm confident TMPS will hit my minimum $5 price target without much resistance. Also, when you factor in Johan Eliasch, I think TMPS deserves a higher premium based on financial strength/backing and the high probability of M&A activity. Could easily go a lot higher than $5.00.
Do you really think the GAO is going to find something that the contracting officer didn't? I doubt it. Omega is just trying to delay the inevitable in the hope that maybe they'll get another extension, which is a long shot as well. $121,425,707 contract with the ability to merge and grow. Buying this under $0.50 is like buying this under $0.25 not too long ago.
Agreed, it's good news. An excellent indication that they're engaged and actively managing the company. I'm very confident that they'll get caught up on all the filings as well. After this final protest period, it's literally off to the races.
Fair question. Most manufacturers offer recommendations for “flyable storage” procedures, and these aircraft were put into "flyable Storage", this I assure you. Since these are military assets, I'm also certain that these airplanes are taken out once a month and do a ground run-up on the engine to make up for lack of use. Also, TMPS had to provide massive amounts of engineering data in order to prove the planes were airworthy, but that's not to say they won't require some maintenance before the contract begins. I don't think the DOD would have awarded TMPS the contract in they weren't 100% certain the assets could perform. We're talking about equipment in the hundreds of millions here. If a F/A-18 Hornet doesn't get the fuel it needs, it's going into the drink.
As TMPS inches closer to realizing the $121,425,707 air-to-air refueling contract, they continue to instill confidence, and people that have been sitting on the sideline are realizing that TMPS can't be denied any longer. The TMPS news cycle hasn't even started, but when it does, the pops to the upside will be tremendous. $5 is on the horizon.
TMPS is still incredibly cheap at these levels. People are finally starting to realize that management is clearly focused on growth and creating value. Under $0.50 was an absolute gift, over $0.50 is still an unbelievable opportunity. This stock has a lot of room to run. Buckle up.
Get Ready for Merger Mania in Aerospace and Defense Stocks.
https://www.investopedia.com/get-ready-for-merger-mania-in-aerospace-and-defense-stocks-4766593?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral&yptr=yahoo
They'll hit their mark with regard to the modules. However, I think a lot of investors are underestimating the potential when it comes to licensing agreements or development program agreements.
Agreement signed with Clarios in June 2019 in order to move ahead with finalizing the Development Program Agreement.
With new partnershiops being inked, this company will be doing $50 to $60 million in top line revenue next year. Absolute gift at these levels. The people that are selling are clueless.
It's heatin up. I'm betting the GAO decision will come a lot sooner than most people think, at which point TMPS will finally start to realize revenue from the contract. We're so close to the finish line you can taste it.
Yeah, this stock is flying under the radar right now, but once people get wind of it, this stock will fly. They are at the top of the food chain (so to speak) in the Nevada market, their growth will be astronomical in the coming years. Billion dollar market cap coming shortly. I expect their next earnings call to be very upbeat.
As far fetched as it sounds, I wouldn't doubt if TMPS has already been approached or is on the radar of certain companies as a potential acquisition target. A five year $121,425,707 contract, low market cap, clean balance sheet with valuable assets are all reasons that might raise a few eyebrows.
Get to know the people that are here to grow TMPS.
Johan Aksel Bergendorff
Investment Director
ECJ Holdings
Portfolio positions include:
-CFO and Board member for Tempus Applied Solutions (ticker: TMPS)
-Corporate Development Director for HEAD (www.HEAD.com)
At ECJ Holdings we acquire businesses and add value via operational improvements and deploy capital in carefully analyzed initiatives. We focused on turn-around investments with an opportunistic approach to start-ups, real estate and mature companies in a wide range of industries and geographies.
As soon as new management is announced, this stock skyrockets. Great deal at these levels.
If you look at previous GAO protests, you can see that some are decided on way before the due date that's listed. I found some that were decided on in just 2 weeks after they were filed. Next stop for TMPS is a buck, and in my opinion, it may come a lot sooner than most people think.
I'm getting the feeling that obtaining shares under $0.50 is going to get real tough pretty soon.
I personally think this final protest period will go quicker than we think. I also think Omega is fighting the decision not because they think they'll win, but because they're trying to get another 6 or 12 month contract extension. However, I don't think they'll succeed.
bob4uall couldn't be more right. TMPS will move before official news is announced. If you're sitting on the sideline waiting for news, you'll be buying in at $0.75. All evidence thus far indicates a share price in the dollars, not pennies.
Manipulation or coordinated trading. They're trying to get people to dump their position at depressed prices so they can get back in.
Look at that, another official filing that proves TMPS is taking steps forward and not backwards. Do you think these guys are committed to growing the company? The answer is YES in case you were wondering. One more protest period and we're off to the races. That 8K filing should be shooting this stock up, not down. People can't seem to grasp that this company is going to be a monster. Financial filings are coming.
You make a very good point. As I earn more money in my everyday life, the delays with TMPS allow me to keep buying shares/accumulate at depressed prices. My price target is $5 a share after some of these roadblocks get knocked down, and my position in this stock just keeps getting bigger.
I found the passage below on the GAO website.
"If you decide to bypass the contracting officer and buying agency and file your protest directly with the GAO, keep in mind that this is the end of the line for your protest. The GAO's decision is final, and you cannot appeal it anywhere."
It looks to me that the protest was denied by the contracting officer. Now Omega is going directly to the GAO. If the GAO denies the protest, this is the final draw and you cannot appeal it any further. Interpretation, progress is being made. I also think a decision will be made before the deadline.
"If you decide to bypass the contracting officer and buying agency and file your protest directly with the GAO, keep in mind that this is the end of the line for your protest. The GAO's decision is final, and you cannot appeal it anywhere."
I also think that TMPS is gaining A LOT more interest as well. As they start to ramp up, they'll be reaching out to people/companies in high places, like bankers, auditing firms, accountants, engineering firms, manufacturers, ex military personnel, pilots, etc., which is basically a BUY signal and it shows that TMPS is here to stay. Many have doubted TMPS, but I think that doubt is evaporating quickly.
2 days of buying and I think tomorrow could look similar. $0.50 tomorrow? Insider buying?
I doubt they'd commit their assets to another mission when they just were awarded a $121,425,707 indefinite-delivery/indefinite-quantity task order contract for aerial refueling services in support of the Department of the Navy, other Department of Defense agencies, and Foreign Military Sales customers.
With that said, the news cycle here is quite large in my opinion. From financing announcements, new staff announcements, acquisitions, mergers, protest periods, equity infusions, contract announcements, equipment announcements, updated filings, financial audit announcements, etc.
Also, it sounds far fetched, but with Johan ELiasch in the mix, I could see TMPS making a bid for Omega. He could make it happen tomorrow if he wanted to.
Yeah, something is definitely cooking. I think some news is right around the corner.
Buckle up, folks.
Strong close. Closed above the 50 day moving average of $0.28. From a technical standpoint it looks great. Sitting above key technical moving averages. Setting up nicely as we approach the end of the protest period. I think we move higher from here.
Of course they're in it for the money, this is their livelihoods. With that said, I hope Omega doesn't continue to fight the decision after this first go round, but we're also talking about vast sums of money, so I'm not holding my breath. Also, I'm sure they've invested a lot of time and money into their planes and business over the years, so I'm sure they're not just going to walk away without a fight. Also, maybe they're trying to buy time as well with a hope that TMPS will offer a subcontract. Personally, I think this will get resolved sooner rather than later. Maybe that's just me being optimistic, but like you eluded to, this isn't a contract to build a warehouse or something, this contract is on a much higher level, so I'm hoping the decision making will be swift.
Protesting to the contracting officer instead of directly to the GAO has some advantages. The company protesting can often gain additional time to gather more information that will assist it if it later protests to another forum.
If their next step is to bypass the contracting officer and they file their protest directly with the GAO, this is the end of the line for their protest. The GAO's decision is final, and you cannot appeal it anywhere.
In the past, some companies would protest every contract that they lost, which can create an adversarial relationship that can work against you on current or future contracts. If you are going to protest, you must have a "real" reason (vs. just sour grapes) and you must have evidence to back up your claim. I think Omega's protest is flimsy at best.
I don't think Omega actually thinks they'll be successful when it comes to overturning the decision. What they may be trying to do is delay the process so they can get another extension period. However, I don't think the protest period will drag out that long. I think we're only a couple weeks away, if not shorter from a final decision.
Also, I'm not going to bad-mouth Omega, they're doing what any company would do in their position, this is the way the process is set up. They've provided a much needed service to our military, and I think their service should be appreciated. With that said, I think it's time for TMPS to take the reins.
The doom and gloom scenario is getting old. You’re like that crazed religious leader that keeps trying to predict the date the world will end, and then when that date comes and goes, you double down and pick another date. At the end of the day, TMPS has continued to progress forward, which is why we keep seeing the stock pop, and it will continue to pop on good news. However, I believe it will hit $5 in the near future as this turnaround story continues to unfold, and so do you, which is why you keep coming back to the board. Nobody cares that you’ve made money trading the stock, it happens a million times a day every day the stock market is open for business, it doesn’t make you a messiah.
It's my understanding that Johan Eliasch is a minority shareholder, I think he owns two million and change of shares. He's only a majority shareholder if he exercises the convertible note, which has not and will not happen in my opinion. This is my understanding.
The protest period is what it is. If this stock was at a buck, I'd be buying based on the evidence thus far, the growth prospects, and the earnings potential. If you wait for everything to line up perfectly, it's usually too late, the move up already happened.
It's been stated by Scott Terry in the past, it all boils down to cash flow, and the cash flow will not increase to healthy levels until the contract officially starts. Johan Eliasch is a minority shareholder, and probably due to the SBA status, he can't just come in and inject millions of dollars in capital. It wouldn't make sense for him to do that anyhow, they still don't have 100% visibility on the contract. Right now it costs nothing to wait. Lawyers, accountants, and other core business needs obviously cost a lot of money, and for a company of this size, while also factoring in the restructuring and the move into the A2A refueling space, their working capital can only handle so much, hence the delinquency. However, the company has been filing an 8K about major developments on a regular basis, they haven't gone completely dark. Because this company is tied to government contracts, they move as quickly as the government does, and for some investors, most of which are impatient, they just can't stand to wait. Also, Scott has indicated that there are numerous opportunities out there, from cargo missions to transport missions. They're not going to spend money retrofitting the planes for a specific mission unless they're 100% sure it's theirs. I have no doubt that they'll get current as soon as they have certainty or visibility.
What would you pay for a company that was awarded a $121,425,707 aerial refueling contract, is working on becoming current, had the CEO of Head N.V. take a major position, and acquired assets that are extremely valuable to the A2A refueling community?
Would you pay more than $0.20? Would you pay more than $1.00 based on future earnings?
This is the reality of TMPS. Yes, progress was slowed due to the protest period, but that's about to come to an end. Although nothing is for certain, I feel like we're holding pocket aces, and I'm all in.