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   Microcap & Penny StocksAIRI - A Unique Opportunity in Value Stocks


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From: Julius Wong1/31/2022 10:23:13 PM
   of 128
 
Air Industries rises 8% on ~$1.9M contract from US Air Force

AIRI +2.35%Jan. 31, 2022 4:51 PM ET

Air Industries' (NYSE: AIRI) Long Island-based subsidiary Air Industries Machining was awarded a ~$1.9M contract to produce components for the landing gear of the US Air Force’s B1-B.

The deliveries are expected in 2023.

"One of our goals in 2022 is to expand our product line. This order furthers that goal. During the first month of 2022 we have received and announced new orders or long-term agreements totaling more than $25 million -- an excellent start to the year,” said Air Industries CEO Lou Melluzzo.

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To: Julius Wong who wrote (96)2/1/2022 7:07:24 AM
From: rdkflorida2
   of 128
 
Expanded/expanding product line. $25 Million in new orders in 1st qtr. Backlog well over $100 million. More product out the door faster with increased profit margins. Looks like a minimum of .08 profit for the year. A modest 20x PE ratio gets the PPS to $1.60. What's not to like. RDK

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To: rdkflorida2 who wrote (97)2/2/2022 10:18:54 AM
From: rdkflorida2
   of 128
 
AIRI>>> Just recently LMT received a DoD Air Force contract to $1.2 BILLION. It will take 3-6 mos. for that money to filter down to sub contractors like AIRI. Expect more contracts to be announced in the near future. It's just getting better and better for AIRI. Barring a "Black Swan" event AIRI will be $3-$4.00 this year. American Bulls has AIRI as a BUY. RDK

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From: Julius Wong2/2/2022 5:03:04 PM
   of 128
 
Air Industries rises 5% aftermarket on $2.4M contract for Blackhawk flight-critical parts

AIRI -1.49% Feb. 02, 2022 4:47 PM ET

Air Industries (NYSE: AIRI) climbed 5% postmarket after its subsidiary Air Industries Machining was awarded a $2.4M Long-Term Agreement (LTA) to manufacture flight-critical products for the Blackhawk helicopter.

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To: Julius Wong who wrote (99)2/7/2022 8:55:18 AM
From: rdkflorida2
1 Recommendation   of 128
 
And more just announced AND more coming. IMHO, AIRI is a sleeper. When discovered it will rock "big time".

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From: Julius Wong2/7/2022 9:16:14 AM
   of 128
 
Air Industries Group Receives $12.4 Million Order for Complete Landing Gear for the US Navy, E-2D Advanced Hawkeye, Airborne Early Warning Aircraft

finance.yahoo.com

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From: rdkflorida22/7/2022 9:24:51 AM
   of 128
 
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
   of 128
 
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: rdkflorida22/9/2022 10:31:38 AM
   of 128
 
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: rdkflorida22/9/2022 4:23:10 PM
   of 128
 
Nice positive day and close. Need some follow thru tomorrow. RDK

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