Replies to post #2830 on Alloy Steel Inc. (fka AYSI)

[SAMNOTSAMUEL]

Best to have a long-term approach. Our assumption is the 2nd mill was needed. As long as that assumption is correct, we have nothing to worry about. I am looking for 25 cents annual income as the floor with the new mill but hopefully much better than that.

Any guesses on long-term growth rate for the company?

sam

[littlefish]

Kutubu I know you're out there mate LOL. Looks like you picked up some shares well. Hope you hold on for the long term with this chunk.

As for Mike- that is a good point. I'm trying to figure out with the PR on the orders saying FMG placed the order the week prior to the PR (and PR was in mid July) meaning the order from FMG was placed in July vs the finished goods #s being as of I think the end of June. Geezus that didn't make sense but I'm TIRED LOL. Caffeine where are you...

It is probably likely that the order is part of the initial FMG order and maybe the company knew it was coming even though it wasn't official until July so they stockpiled a bit ahead of that.
Dunno. I need to go do some situps or something to wake up.

[Y B]

Two points: on the communication I agree: could have been much better. However, I don't worry too much about whether they could sell the current capacity they have installed (or better : for which customer it is and when). Otherwise they would not install a second line. Moreover they have the intention to go international (Canada, US, cfr. email from CFO) so ... for me the sales potential for the upcoming quaters is 4 M and much more.

As they have already proven their product is excellent, the sales pitch should be easier in other regions.

They are still too much under the radar. So I bought today. I think it will recover to above 2$ the coming days. We'll see.