Replies to post #4931 on Alloy Steel Inc. (fka AYSI)

[DaveinHackensack]

No, would've been nice if they did though.

If we didn't have that $900k hit (again, not sure how much of it was in Q4) for testing & tuning, could have bee ~7 cents in earnings for the Q. That's behind us now, but I wonder if we should anticipate similar testing and tuning hits on new mills built in 2010.

[b9molecule]

if revenue per Q going forward were to stay at $4.2 million they would generate $16+ million in annual sales, which beats 2008 full year results, and I expect revenues to be ramping up from here, not staying flat. Costs increased and margins are down but I believe the worst is behind us, JMHO. I think a $4.1 million quarter is pretty good. I expect at least $5.5 million revs in Q1 2010, a 37% sequential increase.

It would be good if they issued a press release with a summary of Q4 2009 results and guidance for 2010.

[canric]

inventory has some hidden sale too

4q 3q
Raw materials $ 642,461 1,261,031
Work in progress 124,343 64,336
Finished goods 1,480,955 1,220,302