InvestorsHub Logo

Sobek

12/17/17 12:02 PM

#3781 RE: mick #3774

Anyone following $ALYE I have an update ....

They closed Friday with a market cap of a mere $2.7 million.

Their last reported assets are $36 million with liabilities at $9 million... an eps. of .03+... and revenues up over 25% YOY for the 9 months ending in Sept. as reported at just over $11.1 million.

With 13.8 million confirmed outstanding common shares, that gives them a current A/L book value of $1.95 pps minimum and, an EV/E value of $7.35.

The stock is currently in way undervalued territory. Not oversold territory but undervalued (big difference). In my book this is a buy.

I've established an open line of communication with the company and can honestly say, they are straight forward, honest, very professional, and not giving away any hints that would start rumors. In other words, not your everyday run of the mill pink sheet.

Their management team, numbers, and filings speak for themselves and they are more than happy to answer any questions pertaining to them:

Website: http://www.alyenergy.com
Phone: (713)-333-4000
Email: alya@alyenergy.com

There was a three part internal restructuring that was successful. They created a preferred placement including officers and directors. These are the only preferred issued and outstanding and details are in the filings under Note 3.

This restructuring helped them avoid BK and abled them to create close to $27 million in current common shareholder equity all while growing the business and not disturbing everyday operations.

7 Insiders currently own 55% of the current 13.8 million shares outstanding. That leaves only roughly 6.2 million shares speculatively floating.

Currently on the L2, there are approx. 40k shares available under $1. 50-60k in volume could send this Monday upwards to 400% and the charts, filings and numbers have the proof to support the pps increase. The strength to create a new support level close to if not at a $1 is definitely there.

What I think needs to be pointed out, is the management are not the typical 'hustlers' found running pink sheets.

The founder already built up and sold one industry related company for $1.1 billion. He also built up $ALYE from just over $250k to well over $36 million in assets in less than 5 years.

The CFO, also the founder's daughter, was previously employed at her father's business that sold for $1.1 billion (Allis now known as Archer) and has been with $ALYE since becoming publicly traded in 2013. She was an investment banker in the Financial Restructuring Group of Houlihan Lokey Howard & Zukin and graduated summa cum laude with a degree in Business Economics from the University of California at Los Angeles in 1997.

http://www.alyenergy.com/corporate-governance

The CEO work as co-head of The Energy Group at RBC for ten years. He gave up that job to run ALYE.


In a private email I got, I was asked 'why?' I'm giving up a stock like this on a public stock forum.... straight up... it needs volume... once volume starts coming in, I won't have a problem adding over $1 as I see this company worth several dollars a share within the next year or so.

After speaking with the company, I concluded they are in a well deserved 'quiet' period after close to 18 months of a very successful internal restructuring. I see this as an opportunity to enter the stock at rock bottom prices before PR's start as early as March when the 10-K comes out.

Best of luck and HAPPY HOLIDAY'S!!!