From: rdkflorida2 | 2/7/2022 9:24:51 AM | | | | AIRI has turned around. Just a matter of time before it gets "discovered" by investors and traders. Right now in a bottoming process. I could see $3.00-$4.00 by year end. Profitable, cash flow positive with improving profit margins. .10 for 2022>? RDK |
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To: rdkflorida2 who wrote (102) | 2/8/2022 12:51:53 PM | From: rdkflorida2 | | | Updated thoughts. Looking at everything. In house movement of some work is complete. Cost was "minimal". Two new lathes due in sometime in March. One minor grinding machine now up and running. There are still some options and warrants due to expire soon. These are at $3.00-$4.00. They will expire and not be exercised. Some convertible shares are still outstanding and "IF" converted would bring total A/S up to 34 Million, plus or minus. Conversion would also eliminate interest payments. None of the debt is "toxic". NONE! Total debt is around $24 Million. There is "no" risk of delisting. Using very conservative metrics the PPS should be somewhere around $1.20 to $1.50 right now. Expect 4th qtr and 2021 numbers around end of Feb, beginning of Mar. With an estimate of .08 profit per share for 2022 and a "reasonable" 12 to 15 multiple AIRI is undervalued. Expect work orders to filter down to AIRI from LMT and other larger DoD contractors in the next 3-6 months. Looking better and better. RDK |
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From: rdkflorida2 | 2/9/2022 10:31:38 AM | | | | I've sold other holdings and am now with some additional cash. Just waiting for a better entry point to go all in. TWT if I am right on this. RDK |
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From: rdkflorida2 | 3/4/2022 9:59:30 AM | | | | AIRI>>>Growing profits, Low P/E ratio, Expanding profit margins, Reducing debt, More contracts, Solid backlog, New capital equipment, Reduced delivery time with in house capacity, etc. What's not to like. Remember the PPS was $3.36 before covid hit. As all of the mentioned improvements continue the PPS will respond accordingly. Let's see where we go from here. RDK |
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From: rdkflorida2 | 3/4/2022 8:35:47 PM | | | | Biden is asking for an additional $10 Billion for defense. More contracts are coming. Unless there is a Black Swan event to hit AIRI the PPS should easily surpass the $3.36 pre covid PPS. Only a couple of days to wait. RDK |
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