Saker Aviation Services Inc. (SKAS)

[tdeck]

Well shows we have plenty of cash on hand after buying back shares and redoing the Kansas facility and completing the purchase of it, which is looking much more professional almost like we are going to build a chain of them which would be nice Saker Aviation Services coming to an airport near you, lol.


We have a more working capital YOY $3,369,000 up from $2,812,000 and a new $2,500,00 credit line at better terms, just have to wonder what will the next acquisition be, we know they are looking for one and have been.

The earnings per share I think is kind of conservative, I understand as of Dec 2017 they had not bought the 1.6+ million shares back yet and the 800k+ yet to buy back but .01 its more like .015+ but Saker was never one to hype etc. And at the end of the day for a year where we were looking at losing .03+ a share one has to be happy it turned around quicker than expected, so a hats off to management there.

I for one am looking into the future when we do have the majority of our business outside of NYC because the income taxes there are insane.

Parts inventories are up no doubt dude to the Kansas operation.


I just want the next acquisition to drop so we can head to .50 land which is without a doubt in my mind a certainty, its inevitable with shares being bought back, if they add another similar operation as Kansas or even larger I cannot see this stock not trading that high and we all (long holders) know that's why they floated the RS Idea was to get to the bigger trading market so they can start to grow exponentially.

But everyone here who does read this board knows it boggles my mind that this stock is trading where it is. No other stock that makes the money per share this does trades anywhere near this the market cap is simply ridiculous we have working capital equal to the market cap for real? Whatever it will go up sooner or later, maybe it should go block chain or grow some pot LOL. Those stocks can dilute lose 10's of millions and still trade in the stratosphere LOL.

I am happy they went the buyback route though never been a fan of RS's take share out of the float price goes up eventually.

2018 is going to be exciting indeed look forward to the 10Q for 2018 first quarter results they are definitely going to be up YOY from a significant loss to a significant turnaround.

Thanks to the management for getting the job done in an efficient and timely manner. See you all for the 10Q in 6 weeks.

Peace out.